COLLART MEN-CAR: 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 MEN-CAR
Largest movements
- Receivables within one year +€26,718
up €26,718 (+116%), from €23,099 to €49,817
of which Trade receivables: +€26,718
- Stocks and contracts -€18,208
down €18,208 (-6.5%), from €279,557 to €261,348
- Tangible fixed assets -€12,653
down €12,653 (-3.1%), from €409,509 to €396,855
of which Land and buildings: -€7,064
- Trade debts +€28,459
up €28,459 (+20.2%), from €140,587 to €169,046
- Tax, wage and social debts -€16,388
down €16,388 (-47.1%), from €34,778 to €18,391
of which Taxes: -€21,216
- Debts after one year -€14,858
down €14,858 (-70.4%), from €21,115 to €6,257
- Profit (loss) carried forward +€10,162
up €10,162 (+82.7%), from -€12,292 to -€2,130
- Other debts -€9,370
down €9,370 (-6.1%), from €153,863 to €144,493
- Gross operating margin +€69,468
up €69,468 (+43.2%), from €160,666 to €230,135
- Write-downs +€29,142
new in 2025: €29,142
- Staff costs +€18,596
up €18,596 (+28.7%), from €64,882 to €83,478
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 | €732,691 | €730,914 | -€1,777 | -0.2% |
| Fixed assets | 21/28 | €409,634 | €396,980 | -€12,653 | -3.1% |
| Tangible fixed assets | 22/27 | €409,509 | €396,855 | -€12,653 | -3.1% |
| Land and buildings | 22 | €266,336 | €259,272 | -€7,064 | -2.7% |
| Plant, machinery and equipment | 23 | €40,731 | €34,632 | -€6,099 | -15.0% |
| Furniture and vehicles | 24 | €102,441 | €102,951 | +€510 | +0.5% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €323,057 | €333,934 | +€10,877 | +3.4% |
| Stocks and contracts in progress | 3 | €279,557 | €261,348 | -€18,208 | -6.5% |
| Stocks | 30/36 | €279,557 | €261,348 | -€18,208 | -6.5% |
| Amounts receivable within one year | 40/41 | €23,099 | €49,817 | +€26,718 | +116% |
| Trade receivables | 40 | €23,060 | €49,778 | +€26,718 | +116% |
| Other amounts receivable | 41 | €39 | €39 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €20,376 | €22,769 | +€2,393 | +11.7% |
| Deferred charges and accrued income | 490/1 | €26 | - | -€26 | |
| Total equity and liabilities | 10/49 | €732,691 | €730,914 | -€1,777 | -0.2% |
| Equity | 10/15 | €367,708 | €377,870 | +€10,162 | +2.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €330,000 | €330,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €325,000 | €325,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,292 | -€2,130 | +€10,162 | +82.7% |
| Amounts payable | 17/49 | €364,983 | €353,044 | -€11,938 | -3.3% |
| Amounts payable after more than one year | 17 | €21,115 | €6,257 | -€14,858 | -70.4% |
| Financial debts | 170/4 | €21,115 | €6,257 | -€14,858 | -70.4% |
| Amounts payable within one year | 42/48 | €343,868 | €346,787 | +€2,920 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €14,640 | €14,858 | +€218 | +1.5% |
| Trade debts | 44 | €140,587 | €169,046 | +€28,459 | +20.2% |
| Suppliers | 440/4 | €140,587 | €169,046 | +€28,459 | +20.2% |
| Taxes, remuneration and social security | 45 | €34,778 | €18,391 | -€16,388 | -47.1% |
| Taxes | 450/3 | €24,996 | €3,780 | -€21,216 | -84.9% |
| Remuneration and social security | 454/9 | €9,782 | €14,611 | +€4,829 | +49.4% |
| Other amounts payable | 47/48 | €153,863 | €144,493 | -€9,370 | -6.1% |
| Remuneration, social security and pensions | 62 | €64,882 | €83,478 | +€18,596 | +28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,134 | €78,784 | -€351 | -0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €29,142 | +€29,142 | |
| Other operating charges | 640/8 | €27,381 | €25,628 | -€1,753 | -6.4% |
| Gross operating margin | 9900 | €160,666 | €230,135 | +€69,468 | +43.2% |
| Operating profit (loss) | 9901 | -€10,731 | €13,104 | +€23,835 | |
| Financial income | 75/76B | €524 | - | -€524 | |
| Recurring financial income | 75 | €524 | - | -€524 | |
| Financial charges | 65/66B | €3,081 | €2,942 | -€139 | -4.5% |
| Recurring financial charges | 65 | €3,081 | €2,942 | -€139 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | -€13,288 | €10,162 | +€23,449 | |
| Profit (loss) for the period | 9904 | -€13,288 | €10,162 | +€23,449 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,288 | €10,162 | +€23,449 |
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 1 November 2026 via checked.be.