COLLIGNON PERSPECTIVES: 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.
COLLIGNON PERSPECTIVES
Largest movements
- Receivables within one year +€44,487
up €44,487 (+108%), from €41,239 to €85,726
of which Trade receivables: +€47,513
- Cash +€7,325
up €7,325 (+80.7%), from €9,075 to €16,401
mainly Trade debts (+€47,331) and Net result for the year (+€12,998)
- Tangible fixed assets -€1,263
down €1,263 (-47.6%), from €2,650 to €1,387
of which Other tangible fixed assets: -€878
- Trade debts +€47,331
up €47,331 (+510%), from €9,287 to €56,618
- Other debts -€20,666
down €20,666 (-53.0%), from €38,985 to €18,319
- Profit (loss) carried forward +€12,998
up €12,998, from -€7,227 to €5,771
- Tax, wage and social debts +€11,408
new in 2025: €11,408
- Gross operating margin +€36,644
up €36,644, from -€21,874 to €14,770
- Other operating charges -€533
down €533 (-55.9%), from €953 to €420
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 | €55,305 | €106,377 | +€51,072 | +92.3% |
| Fixed assets | 21/28 | €2,650 | €1,387 | -€1,263 | -47.6% |
| Tangible fixed assets | 22/27 | €2,650 | €1,387 | -€1,263 | -47.6% |
| Furniture and vehicles | 24 | €1,155 | €770 | -€385 | -33.3% |
| Other tangible fixed assets | 26 | €1,495 | €617 | -€878 | -58.7% |
| Current assets | 29/58 | €52,655 | €104,990 | +€52,335 | +99.4% |
| Stocks and contracts in progress | 3 | - | €20 | +€20 | |
| Stocks | 30/36 | - | €20 | +€20 | |
| Amounts receivable within one year | 40/41 | €41,239 | €85,726 | +€44,487 | +108% |
| Trade receivables | 40 | €38,213 | €85,726 | +€47,513 | +124% |
| Other amounts receivable | 41 | €3,026 | - | -€3,026 | |
| Cash at bank and in hand | 54/58 | €9,075 | €16,401 | +€7,325 | +80.7% |
| Deferred charges and accrued income | 490/1 | €2,341 | €2,843 | +€502 | +21.5% |
| Total equity and liabilities | 10/49 | €55,305 | €106,377 | +€51,072 | +92.3% |
| Equity | 10/15 | €7,033 | €20,031 | +€12,998 | +185% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,227 | €5,771 | +€12,998 | |
| Amounts payable | 17/49 | €48,272 | €86,346 | +€38,074 | +78.9% |
| Amounts payable within one year | 42/48 | €48,272 | €86,346 | +€38,074 | +78.9% |
| Trade debts | 44 | €9,287 | €56,618 | +€47,331 | +510% |
| Suppliers | 440/4 | €9,287 | €56,618 | +€47,331 | +510% |
| Taxes, remuneration and social security | 45 | - | €11,408 | +€11,408 | |
| Taxes | 450/3 | - | €11,408 | +€11,408 | |
| Other amounts payable | 47/48 | €38,985 | €18,319 | -€20,666 | -53.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,263 | €1,263 | -€0 | 0.0% |
| Other operating charges | 640/8 | €953 | €420 | -€533 | -55.9% |
| Gross operating margin | 9900 | -€21,874 | €14,770 | +€36,644 | |
| Operating profit (loss) | 9901 | -€24,090 | €13,088 | +€37,177 | |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €124 | €90 | -€34 | -27.7% |
| Recurring financial charges | 65 | €124 | €90 | -€34 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | -€24,208 | €12,998 | +€37,206 | |
| Profit (loss) for the period | 9904 | -€24,208 | €12,998 | +€37,206 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,208 | €12,998 | +€37,206 |
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 14 October 2026 via checked.be.