COLLIN OPTIQUE: 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.
COLLIN OPTIQUE
Largest movements
- Receivables within one year -€21,667
down €21,667 (-65.1%), from €33,257 to €11,590
of which Other amounts receivable: -€19,615
- Cash +€18,206
up €18,206 (+34.8%), from €52,305 to €70,511
mainly Depreciation (+€38,997) and Receivables within one year (+€21,667)
- Tangible fixed assets -€9,762
down €9,762 (-4.9%), from €197,569 to €187,806
of which Land and buildings: -€24,592
- Reserves -€28,097
down €28,097 (-14.0%), from €200,197 to €172,100
of which Distributable reserves: -€28,097
- Trade debts +€17,159
up €17,159 (+67.1%), from €25,575 to €42,734
- Debts after one year -€16,038
down €16,038 (-14.2%), from €113,074 to €97,036
- Profit (loss) carried forward +€7,585
up €7,585 (+857%), from €885 to €8,470
- Tax, wage and social debts +€7,574
up €7,574 (+34.5%), from €21,977 to €29,551
of which Remuneration and social security: +€5,176
- Financial charges +€49,200
up €49,200 (+604%), from €8,144 to €57,344
- Staff costs -€23,576
down €23,576 (-33.8%), from €69,661 to €46,085
- Gross operating margin -€23,509
down €23,509 (-15.4%), from €152,177 to €128,668
- Taxes -€6,282
down €6,282 (-94.1%), from €6,678 to €396
- Write-downs -€3,751
down €3,751 (-45.0%), from €8,339 to €4,588
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 | €403,463 | €393,303 | -€10,160 | -2.5% |
| Fixed assets | 21/28 | €197,569 | €187,806 | -€9,762 | -4.9% |
| Tangible fixed assets | 22/27 | €197,569 | €187,806 | -€9,762 | -4.9% |
| Land and buildings | 22 | €166,120 | €141,529 | -€24,592 | -14.8% |
| Plant, machinery and equipment | 23 | €9,708 | €29,937 | +€20,229 | +208% |
| Furniture and vehicles | 24 | €2,667 | €3,401 | +€734 | +27.5% |
| Leasing and similar rights | 25 | €19,073 | €12,939 | -€6,134 | -32.2% |
| Current assets | 29/58 | €205,894 | €205,497 | -€398 | -0.2% |
| Stocks and contracts in progress | 3 | €116,494 | €118,936 | +€2,443 | +2.1% |
| Stocks | 30/36 | €116,494 | €118,936 | +€2,443 | +2.1% |
| Amounts receivable within one year | 40/41 | €33,257 | €11,590 | -€21,667 | -65.1% |
| Trade receivables | 40 | €2,697 | €645 | -€2,052 | -76.1% |
| Other amounts receivable | 41 | €30,560 | €10,945 | -€19,615 | -64.2% |
| Cash at bank and in hand | 54/58 | €52,305 | €70,511 | +€18,206 | +34.8% |
| Deferred charges and accrued income | 490/1 | €3,839 | €4,459 | +€620 | +16.1% |
| Total equity and liabilities | 10/49 | €403,463 | €393,303 | -€10,160 | -2.5% |
| Equity | 10/15 | €221,082 | €200,570 | -€20,512 | -9.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €200,197 | €172,100 | -€28,097 | -14.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €198,197 | €170,100 | -€28,097 | -14.2% |
| Profit (loss) carried forward | 14 | €885 | €8,470 | +€7,585 | +857% |
| Amounts payable | 17/49 | €182,381 | €192,733 | +€10,352 | +5.7% |
| Amounts payable after more than one year | 17 | €113,074 | €97,036 | -€16,038 | -14.2% |
| Financial debts | 170/4 | €113,074 | €97,036 | -€16,038 | -14.2% |
| Amounts payable within one year | 42/48 | €69,307 | €95,697 | +€26,390 | +38.1% |
| Current portion of amounts payable after more than one year | 42 | €19,429 | €19,498 | +€70 | +0.4% |
| Trade debts | 44 | €25,575 | €42,734 | +€17,159 | +67.1% |
| Suppliers | 440/4 | €25,575 | €42,734 | +€17,159 | +67.1% |
| Advances received on contracts in progress | 46 | €1,362 | €2,949 | +€1,587 | +117% |
| Taxes, remuneration and social security | 45 | €21,977 | €29,551 | +€7,574 | +34.5% |
| Taxes | 450/3 | €21,709 | €24,107 | +€2,398 | +11.0% |
| Remuneration and social security | 454/9 | €268 | €5,444 | +€5,176 | +1,930% |
| Other amounts payable | 47/48 | €964 | €964 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €69,661 | €46,085 | -€23,576 | -33.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,994 | €38,997 | +€2,004 | +5.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,339 | €4,588 | -€3,751 | -45.0% |
| Other operating charges | 640/8 | €5,928 | €6,631 | +€703 | +11.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €152,177 | €128,668 | -€23,509 | -15.4% |
| Operating profit (loss) | 9901 | €31,255 | €32,366 | +€1,111 | +3.6% |
| Financial income | 75/76B | €3,253 | €4,862 | +€1,610 | +49.5% |
| Recurring financial income | 75 | €3,253 | €4,862 | +€1,610 | +49.5% |
| Financial charges | 65/66B | €8,144 | €57,344 | +€49,200 | +604% |
| Recurring financial charges | 65 | €8,144 | €57,344 | +€49,200 | +604% |
| Profit (loss) for the period before taxes | 9903 | €26,364 | -€20,116 | -€46,479 | |
| Income taxes | 67/77 | €6,678 | €396 | -€6,282 | -94.1% |
| Profit (loss) for the period | 9904 | €19,686 | -€20,512 | -€40,198 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,686 | -€20,512 | -€40,198 |
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 18 October 2026 via checked.be.