Colle&DeSaffel: 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.
Colle&DeSaffel
Largest movements
- Cash +€20,069
up €20,069 (+100%), from €20,008 to €40,077
mainly Net result for the year (+€27,217) and Receivables within one year (+€6,136)
- Receivables within one year -€6,136
down €6,136 (-43.0%), from €14,255 to €8,119
of which Trade receivables: -€8,796
- Tangible fixed assets -€3,948
down €3,948 (-25.3%), from €15,635 to €11,687
of which Furniture and vehicles: -€5,334
- Deferred charges and accrued income +€2,263
up €2,263 (+981%), from €231 to €2,494
- Stocks and contracts +€2,004
up €2,004 (+11.7%), from €17,154 to €19,158
- Reserves +€22,301
up €22,301 (+48.6%), from €45,866 to €68,167
- Tax, wage and social debts -€9,755
down €9,755 (-89.5%), from €10,905 to €1,149
- Other debts +€5,632
up €5,632 (+203%), from €2,776 to €8,408
- Trade debts -€4,226
down €4,226 (-51.8%), from €8,158 to €3,932
- Gross operating margin -€30,258
down €30,258 (-42.4%), from €71,375 to €41,117
- Taxes -€9,853
down €9,853 (-61.2%), from €16,109 to €6,256
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 | €70,704 | €84,657 | +€13,952 | +19.7% |
| Fixed assets | 21/28 | €19,057 | €14,809 | -€4,248 | -22.3% |
| Intangible fixed assets | 21 | €1,172 | €872 | -€300 | -25.6% |
| Tangible fixed assets | 22/27 | €15,635 | €11,687 | -€3,948 | -25.3% |
| Plant, machinery and equipment | 23 | - | €1,534 | +€1,534 | |
| Furniture and vehicles | 24 | €14,200 | €8,866 | -€5,334 | -37.6% |
| Other tangible fixed assets | 26 | €1,435 | €1,287 | -€148 | -10.3% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €51,647 | €69,848 | +€18,201 | +35.2% |
| Stocks and contracts in progress | 3 | €17,154 | €19,158 | +€2,004 | +11.7% |
| Stocks | 30/36 | €17,154 | €19,158 | +€2,004 | +11.7% |
| Amounts receivable within one year | 40/41 | €14,255 | €8,119 | -€6,136 | -43.0% |
| Trade receivables | 40 | €13,880 | €5,084 | -€8,796 | -63.4% |
| Other amounts receivable | 41 | €375 | €3,035 | +€2,660 | +710% |
| Cash at bank and in hand | 54/58 | €20,008 | €40,077 | +€20,069 | +100% |
| Deferred charges and accrued income | 490/1 | €231 | €2,494 | +€2,263 | +981% |
| Total equity and liabilities | 10/49 | €70,704 | €84,657 | +€13,952 | +19.7% |
| Equity | 10/15 | €48,866 | €71,167 | +€22,301 | +45.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €45,866 | €68,167 | +€22,301 | +48.6% |
| Distributable reserves | 133 | €45,866 | €68,167 | +€22,301 | +48.6% |
| Amounts payable | 17/49 | €21,839 | €13,490 | -€8,349 | -38.2% |
| Amounts payable within one year | 42/48 | €21,839 | €13,490 | -€8,349 | -38.2% |
| Trade debts | 44 | €8,158 | €3,932 | -€4,226 | -51.8% |
| Suppliers | 440/4 | €8,158 | €3,932 | -€4,226 | -51.8% |
| Taxes, remuneration and social security | 45 | €10,905 | €1,149 | -€9,755 | -89.5% |
| Taxes | 450/3 | €10,905 | €1,149 | -€9,755 | -89.5% |
| Other amounts payable | 47/48 | €2,776 | €8,408 | +€5,632 | +203% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,124 | €5,958 | -€165 | -2.7% |
| Other operating charges | 640/8 | €772 | €688 | -€84 | -10.9% |
| Gross operating margin | 9900 | €71,375 | €41,117 | -€30,258 | -42.4% |
| Operating profit (loss) | 9901 | €64,480 | €34,471 | -€30,009 | -46.5% |
| Financial income | 75/76B | €0 | €10 | +€10 | +49,950% |
| Recurring financial income | 75 | €0 | €10 | +€10 | +49,950% |
| Financial charges | 65/66B | €788 | €1,008 | +€221 | +28.0% |
| Recurring financial charges | 65 | €788 | €1,008 | +€221 | +28.0% |
| Profit (loss) for the period before taxes | 9903 | €63,692 | €33,473 | -€30,219 | -47.4% |
| Income taxes | 67/77 | €16,109 | €6,256 | -€9,853 | -61.2% |
| Profit (loss) for the period | 9904 | €47,584 | €27,217 | -€20,366 | -42.8% |
| Profit (loss) for the period to be appropriated | 9905 | €47,584 | €27,217 | -€20,366 | -42.8% |
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 29 October 2026 via checked.be.