Collecteaur: 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.
Collecteaur
Largest movements
- Cash +€88,763
up €88,763 (+180%), from €49,284 to €138,047
mainly Net result for the year (+€219,025) and Investment in fixed assets (net) (+€51,620)
- Tangible fixed assets -€65,718
down €65,718 (-14.0%), from €471,045 to €405,327
of which Furniture and vehicles: -€57,148
- Receivables within one year -€16,056
down €16,056 (-95.8%), from €16,757 to €702
of which Trade receivables: -€16,757
- Reserves +€219,025
up €219,025 (+37.6%), from €582,951 to €801,976
- Trade debts -€96,075
down €96,075 (-95.5%), from €100,640 to €4,565
- Debts after one year -€54,354
down €54,354 (-14.7%), from €369,518 to €315,164
- Other debts -€42,809
down €42,809 (-23.9%), from €179,001 to €136,193
- Financial income +€100,066
new in 2025: €100,066
- Taxes +€46,367
up €46,367 (+280%), from €16,544 to €62,911
- Depreciation -€21,527
down €21,527 (-60.4%), from €35,625 to €14,098
- Financial charges -€3,083
down €3,083 (-26.6%), from €11,601 to €8,518
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 | €1,350,501 | €1,362,696 | +€12,195 | +0.9% |
| Fixed assets | 21/28 | €1,282,929 | €1,217,211 | -€65,718 | -5.1% |
| Tangible fixed assets | 22/27 | €471,045 | €405,327 | -€65,718 | -14.0% |
| Land and buildings | 22 | €409,419 | €400,883 | -€8,536 | -2.1% |
| Plant, machinery and equipment | 23 | €200 | €166 | -€34 | -17.2% |
| Furniture and vehicles | 24 | €61,425 | €4,277 | -€57,148 | -93.0% |
| Financial fixed assets | 28 | €811,884 | €811,884 | = | 0.0% |
| Current assets | 29/58 | €67,572 | €145,485 | +€77,913 | +115% |
| Amounts receivable within one year | 40/41 | €16,757 | €702 | -€16,056 | -95.8% |
| Trade receivables | 40 | €16,757 | - | -€16,757 | |
| Other amounts receivable | 41 | - | €702 | +€702 | |
| Cash at bank and in hand | 54/58 | €49,284 | €138,047 | +€88,763 | +180% |
| Deferred charges and accrued income | 490/1 | €1,530 | €6,735 | +€5,205 | +340% |
| Total equity and liabilities | 10/49 | €1,350,501 | €1,362,696 | +€12,195 | +0.9% |
| Equity | 10/15 | €595,351 | €814,376 | +€219,025 | +36.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €582,951 | €801,976 | +€219,025 | +37.6% |
| Distributable reserves | 133 | €582,951 | €801,976 | +€219,025 | +37.6% |
| Amounts payable | 17/49 | €755,149 | €548,319 | -€206,830 | -27.4% |
| Amounts payable after more than one year | 17 | €369,518 | €315,164 | -€54,354 | -14.7% |
| Financial debts | 170/4 | €369,518 | €315,164 | -€54,354 | -14.7% |
| Amounts payable within one year | 42/48 | €385,522 | €232,946 | -€152,576 | -39.6% |
| Current portion of amounts payable after more than one year | 42 | €67,488 | €54,354 | -€13,134 | -19.5% |
| Trade debts | 44 | €100,640 | €4,565 | -€96,075 | -95.5% |
| Suppliers | 440/4 | €100,640 | €4,565 | -€96,075 | -95.5% |
| Taxes, remuneration and social security | 45 | €38,393 | €37,835 | -€559 | -1.5% |
| Taxes | 450/3 | €38,393 | €37,835 | -€559 | -1.5% |
| Other amounts payable | 47/48 | €179,001 | €136,193 | -€42,809 | -23.9% |
| Accrued charges and deferred income | 492/3 | €109 | €210 | +€100 | +91.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,625 | €14,098 | -€21,527 | -60.4% |
| Other operating charges | 640/8 | €1,664 | €2,653 | +€989 | +59.4% |
| Non-recurring operating charges | 66A | - | €4,100 | +€4,100 | |
| Gross operating margin | 9900 | €209,420 | €211,238 | +€1,819 | +0.9% |
| Operating profit (loss) | 9901 | €172,130 | €190,388 | +€18,257 | +10.6% |
| Financial income | 75/76B | - | €100,066 | +€100,066 | |
| Recurring financial income | 75 | - | €100,066 | +€100,066 | |
| Financial charges | 65/66B | €11,601 | €8,518 | -€3,083 | -26.6% |
| Recurring financial charges | 65 | €11,601 | €8,518 | -€3,083 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €160,529 | €281,936 | +€121,407 | +75.6% |
| Income taxes | 67/77 | €16,544 | €62,911 | +€46,367 | +280% |
| Profit (loss) for the period | 9904 | €143,985 | €219,025 | +€75,040 | +52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €143,985 | €219,025 | +€75,040 | +52.1% |
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 19 October 2026 via checked.be.