COLLART-EDEC: 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.
COLLART-EDEC
Largest movements
- Tangible fixed assets +€45,635
up €45,635 (+159%), from €28,706 to €74,341
of which Furniture and vehicles: +€42,129
- Receivables within one year +€41,747
up €41,747 (+158%), from €26,427 to €68,174
of which Trade receivables: +€38,911
- Cash +€12,377
up €12,377 (+6.1%), from €201,510 to €213,887
mainly Other debts (+€189,282) and Net result for the year (+€71,036)
- Other debts +€189,282
up €189,282 (+2,057%), from €9,202 to €198,484
- Accrued charges and deferred income -€180,959
no longer reported in 2025 (was €180,959)
- Trade debts +€59,079
up €59,079 (+117%), from €50,636 to €109,714
- Profit (loss) carried forward +€38,036
up €38,036 (+123%), from €31,040 to €69,076
- Tax, wage and social debts +€9,644
up €9,644 (+57.7%), from €16,716 to €26,360
of which Taxes: +€8,971
- Gross operating margin +€96,213
up €96,213 (+23.1%), from €416,363 to €512,577
- Staff costs +€55,700
up €55,700 (+17.3%), from €321,228 to €376,928
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.
Derived cash bridge
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 | €667,174 | €764,388 | +€97,214 | +14.6% |
| Fixed assets | 21/28 | €426,179 | €471,814 | +€45,635 | +10.7% |
| Tangible fixed assets | 22/27 | €28,706 | €74,341 | +€45,635 | +159% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €861 | €306 | -€555 | -64.4% |
| Furniture and vehicles | 24 | €27,845 | €69,975 | +€42,129 | +151% |
| Other tangible fixed assets | 26 | - | €4,060 | +€4,060 | |
| Financial fixed assets | 28 | €397,472 | €397,472 | = | 0.0% |
| Current assets | 29/58 | €240,996 | €292,575 | +€51,579 | +21.4% |
| Stocks and contracts in progress | 3 | €4,609 | €5,264 | +€655 | +14.2% |
| Stocks | 30/36 | €4,609 | €5,264 | +€655 | +14.2% |
| Amounts receivable within one year | 40/41 | €26,427 | €68,174 | +€41,747 | +158% |
| Trade receivables | 40 | €24,154 | €63,064 | +€38,911 | +161% |
| Other amounts receivable | 41 | €2,273 | €5,110 | +€2,837 | +125% |
| Current investments | 50/53 | €3,314 | €3,314 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €201,510 | €213,887 | +€12,377 | +6.1% |
| Deferred charges and accrued income | 490/1 | €5,136 | €1,936 | -€3,200 | -62.3% |
| Total equity and liabilities | 10/49 | €667,174 | €764,388 | +€97,214 | +14.6% |
| Equity | 10/15 | €385,988 | €424,024 | +€38,036 | +9.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €292,948 | €292,948 | = | 0.0% |
| Non-distributable reserves | 130/1 | €83,750 | €83,750 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €77,550 | €77,550 | = | 0.0% |
| Distributable reserves | 133 | €209,198 | €209,198 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,040 | €69,076 | +€38,036 | +123% |
| Amounts payable | 17/49 | €281,186 | €340,364 | +€59,178 | +21.0% |
| Amounts payable after more than one year | 17 | €9,443 | - | -€9,443 | |
| Financial debts | 170/4 | €9,443 | - | -€9,443 | |
| Amounts payable within one year | 42/48 | €90,784 | €340,364 | +€249,580 | +275% |
| Current portion of amounts payable after more than one year | 42 | €11,436 | €5,806 | -€5,630 | -49.2% |
| Trade debts | 44 | €50,636 | €109,714 | +€59,079 | +117% |
| Suppliers | 440/4 | €50,636 | €109,714 | +€59,079 | +117% |
| Advances received on contracts in progress | 46 | €2,795 | - | -€2,795 | |
| Taxes, remuneration and social security | 45 | €16,716 | €26,360 | +€9,644 | +57.7% |
| Taxes | 450/3 | €6,956 | €15,927 | +€8,971 | +129% |
| Remuneration and social security | 454/9 | €9,759 | €10,433 | +€674 | +6.9% |
| Other amounts payable | 47/48 | €9,202 | €198,484 | +€189,282 | +2,057% |
| Accrued charges and deferred income | 492/3 | €180,959 | - | -€180,959 | |
| Remuneration, social security and pensions | 62 | €321,228 | €376,928 | +€55,700 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,464 | €34,150 | +€1,686 | +5.2% |
| Other operating charges | 640/8 | €11,629 | €7,088 | -€4,541 | -39.0% |
| Gross operating margin | 9900 | €416,363 | €512,577 | +€96,213 | +23.1% |
| Operating profit (loss) | 9901 | €51,043 | €94,411 | +€43,368 | +85.0% |
| Financial income | 75/76B | €1,565 | €125 | -€1,440 | -92.0% |
| Recurring financial income | 75 | €1,565 | €125 | -€1,440 | -92.0% |
| Financial charges | 65/66B | €3,591 | €4,151 | +€561 | +15.6% |
| Recurring financial charges | 65 | €3,591 | €4,151 | +€561 | +15.6% |
| Profit (loss) for the period before taxes | 9903 | €49,017 | €90,384 | +€41,368 | +84.4% |
| Income taxes | 67/77 | €22,353 | €19,348 | -€3,004 | -13.4% |
| Profit (loss) for the period | 9904 | €26,664 | €71,036 | +€44,372 | +166% |
| Profit (loss) for the period to be appropriated | 9905 | €26,664 | €71,036 | +€44,372 | +166% |
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 16 October 2026 via checked.be.