Collectiv.: 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.
Collectiv.
Largest movements
- Cash +€42,739
up €42,739 (+114%), from €37,579 to €80,317
mainly Net result for the year (+€33,960) and Receivables within one year (+€18,273)
- Receivables within one year -€18,273
down €18,273 (-71.6%), from €25,505 to €7,232
of which Trade receivables: -€17,909
- Reserves +€33,960
up €33,960 (+162%), from €20,940 to €54,900
- Trade debts -€8,729
down €8,729 (-95.5%), from €9,142 to €413
- Tax, wage and social debts -€899
down €899 (-7.0%), from €12,882 to €11,983
- Gross operating margin -€2,222
down €2,222 (-4.1%), from €54,260 to €52,038
- Financial charges +€951
up €951 (+8,799%), from €11 to €962
- Taxes +€624
up €624 (+3.8%), from €16,225 to €16,849
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 | €63,662 | €88,690 | +€25,028 | +39.3% |
| Fixed assets | 21/28 | €578 | €289 | -€289 | -50.0% |
| Tangible fixed assets | 22/27 | €578 | €289 | -€289 | -50.0% |
| Plant, machinery and equipment | 23 | €578 | €289 | -€289 | -50.0% |
| Current assets | 29/58 | €63,084 | €88,401 | +€25,317 | +40.1% |
| Amounts receivable within one year | 40/41 | €25,505 | €7,232 | -€18,273 | -71.6% |
| Trade receivables | 40 | €20,255 | €2,346 | -€17,909 | -88.4% |
| Other amounts receivable | 41 | €5,250 | €4,886 | -€364 | -6.9% |
| Cash at bank and in hand | 54/58 | €37,579 | €80,317 | +€42,739 | +114% |
| Deferred charges and accrued income | 490/1 | - | €851 | +€851 | |
| Total equity and liabilities | 10/49 | €63,662 | €88,690 | +€25,028 | +39.3% |
| Equity | 10/15 | €41,003 | €74,964 | +€33,960 | +82.8% |
| Contributions | 10/11 | €20,064 | €20,064 | = | 0.0% |
| Reserves | 13 | €20,940 | €54,900 | +€33,960 | +162% |
| Distributable reserves | 133 | €20,940 | €54,900 | +€33,960 | +162% |
| Amounts payable | 17/49 | €22,659 | €13,726 | -€8,933 | -39.4% |
| Amounts payable within one year | 42/48 | €22,659 | €13,726 | -€8,933 | -39.4% |
| Trade debts | 44 | €9,142 | €413 | -€8,729 | -95.5% |
| Suppliers | 440/4 | €9,142 | €413 | -€8,729 | -95.5% |
| Taxes, remuneration and social security | 45 | €12,882 | €11,983 | -€899 | -7.0% |
| Taxes | 450/3 | €12,882 | €11,983 | -€899 | -7.0% |
| Other amounts payable | 47/48 | €635 | €1,330 | +€695 | +110% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €289 | €289 | = | 0.0% |
| Other operating charges | 640/8 | €448 | €453 | +€5 | +1.1% |
| Gross operating margin | 9900 | €54,260 | €52,038 | -€2,222 | -4.1% |
| Operating profit (loss) | 9901 | €53,523 | €51,296 | -€2,227 | -4.2% |
| Financial income | 75/76B | €50 | €475 | +€425 | +858% |
| Recurring financial income | 75 | €50 | €475 | +€425 | +858% |
| Financial charges | 65/66B | €11 | €962 | +€951 | +8,799% |
| Recurring financial charges | 65 | €11 | €962 | +€951 | +8,799% |
| Profit (loss) for the period before taxes | 9903 | €53,562 | €50,809 | -€2,753 | -5.1% |
| Income taxes | 67/77 | €16,225 | €16,849 | +€624 | +3.8% |
| Profit (loss) for the period | 9904 | €37,337 | €33,960 | -€3,376 | -9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,337 | €33,960 | -€3,376 | -9.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.