COLLARD ROGER: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
COLLARD ROGER
Largest movements
- Receivables within one year +€38,844
up €38,844 (+22.1%), from €175,555 to €214,400
of which Other amounts receivable: +€34,615
- Reserves +€30,022
up €30,022 (+45.3%), from €66,262 to €96,285
of which Distributable reserves: +€30,022
- Trade debts +€6,203
up €6,203 (+55.2%), from €11,239 to €17,442
- Tax, wage and social debts +€2,648
up €2,648 (+14.8%), from €17,888 to €20,536
- Write-downs +€1,077
new in 2025: €1,077
- Financial income +€1,004
up €1,004 (+12.0%), from €8,341 to €9,345
- Turnover +€698
up €698 (+1.4%), from €50,479 to €51,177
- Depreciation -€601
no longer reported in 2025 (was €601)
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €175,621 | €214,494 | +€38,874 | +22.1% |
| Current assets | 29/58 | €175,621 | €214,494 | +€38,874 | +22.1% |
| Amounts receivable within one year | 40/41 | €175,555 | €214,400 | +€38,844 | +22.1% |
| Trade receivables | 40 | €20,418 | €24,647 | +€4,229 | +20.7% |
| Other amounts receivable | 41 | €155,138 | €189,753 | +€34,615 | +22.3% |
| Cash at bank and in hand | 54/58 | €65 | €95 | +€29 | +45.1% |
| Total equity and liabilities | 10/49 | €175,621 | €214,494 | +€38,874 | +22.1% |
| Equity | 10/15 | €146,494 | €176,516 | +€30,022 | +20.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €66,262 | €96,285 | +€30,022 | +45.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €64,402 | €94,425 | +€30,022 | +46.6% |
| Profit (loss) carried forward | 14 | €61,632 | €61,632 | = | 0.0% |
| Amounts payable | 17/49 | €29,127 | €37,978 | +€8,851 | +30.4% |
| Amounts payable within one year | 42/48 | €29,127 | €37,978 | +€8,851 | +30.4% |
| Trade debts | 44 | €11,239 | €17,442 | +€6,203 | +55.2% |
| Suppliers | 440/4 | €11,239 | €17,442 | +€6,203 | +55.2% |
| Taxes, remuneration and social security | 45 | €17,888 | €20,536 | +€2,648 | +14.8% |
| Taxes | 450/3 | €17,888 | €20,536 | +€2,648 | +14.8% |
| Turnover | 70 | €50,479 | €51,177 | +€698 | +1.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €14,958 | €15,456 | +€498 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €601 | - | -€601 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,077 | +€1,077 | |
| Gross operating margin | 9900 | €37,201 | €37,514 | +€313 | +0.8% |
| Operating profit (loss) | 9901 | €36,601 | €36,437 | -€163 | -0.4% |
| Financial income | 75/76B | €8,341 | €9,345 | +€1,004 | +12.0% |
| Recurring financial income | 75 | €8,341 | €9,345 | +€1,004 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | €44,942 | €45,783 | +€841 | +1.9% |
| Income taxes | 67/77 | €15,788 | €15,760 | -€28 | -0.2% |
| Profit (loss) for the period | 9904 | €29,154 | €30,022 | +€868 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,154 | €30,022 | +€868 | +3.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.