Colline: 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.
Colline
Largest movements
- Receivables within one year -€88,958
down €88,958 (-63.0%), from €141,228 to €52,270
of which Other amounts receivable: -€63,082
- Cash +€8,284
up €8,284 (+123%), from €6,750 to €15,034
mainly Receivables within one year (+€88,958) and Trade debts (+€2,811)
- Debts after one year -€54,628
down €54,628 (-23.2%), from €235,287 to €180,659
- Other debts -€16,024
down €16,024 (-17.0%), from €94,515 to €78,492
- Reserves -€9,196
down €9,196 (-3.9%), from €234,708 to €225,512
of which Distributable reserves: -€9,196
- Financial income -€192,543
down €192,543 (-100%), from €192,543 to €0
- Financial charges -€188,750
down €188,750 (-96.3%), from €196,008 to €7,259
of which Non-recurring financial charges: -€187,500
- Gross operating margin -€21,123
down €21,123, from €20,903 to -€220
- Depreciation -€1,415
down €1,415 (-80.4%), from €1,760 to €345
- Taxes -€1,304
down €1,304 (-89.0%), from €1,465 to €161
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 | €777,628 | €694,720 | -€82,908 | -10.7% |
| Fixed assets | 21/28 | €629,650 | €627,304 | -€2,345 | -0.4% |
| Tangible fixed assets | 22/27 | €1,036 | €691 | -€345 | -33.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €1,036 | €691 | -€345 | -33.3% |
| Financial fixed assets | 28 | €628,614 | €626,614 | -€2,000 | -0.3% |
| Current assets | 29/58 | €147,978 | €67,416 | -€80,562 | -54.4% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €141,228 | €52,270 | -€88,958 | -63.0% |
| Trade receivables | 40 | €27,531 | €1,655 | -€25,876 | -94.0% |
| Other amounts receivable | 41 | €113,697 | €50,615 | -€63,082 | -55.5% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €6,750 | €15,034 | +€8,284 | +123% |
| Deferred charges and accrued income | 490/1 | - | €112 | +€112 | |
| Total equity and liabilities | 10/49 | €777,628 | €694,720 | -€82,908 | -10.7% |
| Equity | 10/15 | €384,708 | €375,512 | -€9,196 | -2.4% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €234,708 | €225,512 | -€9,196 | -3.9% |
| Non-distributable reserves | 130/1 | €15,580 | €15,580 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,580 | €15,580 | = | 0.0% |
| Distributable reserves | 133 | €219,128 | €209,932 | -€9,196 | -4.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €392,919 | €319,208 | -€73,712 | -18.8% |
| Amounts payable after more than one year | 17 | €235,287 | €180,659 | -€54,628 | -23.2% |
| Financial debts | 170/4 | €235,287 | €180,659 | -€54,628 | -23.2% |
| Amounts payable within one year | 42/48 | €157,633 | €138,549 | -€19,084 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €53,283 | €54,628 | +€1,345 | +2.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €889 | €3,700 | +€2,811 | +316% |
| Suppliers | 440/4 | €889 | €3,700 | +€2,811 | +316% |
| Taxes, remuneration and social security | 45 | €8,945 | €1,730 | -€7,215 | -80.7% |
| Taxes | 450/3 | €8,945 | €1,405 | -€7,540 | -84.3% |
| Remuneration and social security | 454/9 | - | €325 | +€325 | |
| Other amounts payable | 47/48 | €94,515 | €78,492 | -€16,024 | -17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,760 | €345 | -€1,415 | -80.4% |
| Other operating charges | 640/8 | €742 | €1,211 | +€469 | +63.2% |
| Gross operating margin | 9900 | €20,903 | -€220 | -€21,123 | |
| Operating profit (loss) | 9901 | €18,401 | -€1,777 | -€20,177 | |
| Financial income | 75/76B | €192,543 | €0 | -€192,543 | -100% |
| Recurring financial income | 75 | €192,543 | €0 | -€192,543 | -100% |
| Financial charges | 65/66B | €196,008 | €7,259 | -€188,750 | -96.3% |
| Recurring financial charges | 65 | €8,508 | €7,259 | -€1,250 | -14.7% |
| Non-recurring financial charges | 66B | €187,500 | €0 | -€187,500 | -100% |
| Profit (loss) for the period before taxes | 9903 | €14,936 | -€9,035 | -€23,971 | |
| Income taxes | 67/77 | €1,465 | €161 | -€1,304 | -89.0% |
| Profit (loss) for the period | 9904 | €13,471 | -€9,196 | -€22,667 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,471 | -€9,196 | -€22,667 |
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 30 October 2026 via checked.be.