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COLLINET CONSULTING: what changed

Two fiscal 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.

What changed

COLLINET CONSULTING

BE 0797.902.105
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€3,266
2024 · €94,568-€91,302
Equity
€174,263
2024 · €170,997+€3,266
Cash
€101,350
2024 · €123,940-€22,590
Balance sheet total
€528,778
2024 · €216,545+€312,233

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€359,365

    up €359,365 (+865.9%), from €41,500 to €400,865

    of which Land and buildings: +€400,865

  • Current investments -€24,704

    down €24,704 (-49.8%), from €49,630 to €24,926

  • Cash -€22,590

    down €22,590 (-18.2%), from €123,940 to €101,350

    mainly Investment in fixed assets (net) (-€369,350) and Tax, wage and social debts (-€26,606)

Equity and liabilities
  • Debts after one year +€275,596

    new in 2025: €275,596

  • Other debts +€44,480

    up €44,480 (+9831.0%), from €452 to €44,933

  • Tax, wage and social debts -€26,606

    down €26,606 (-61.1%), from €43,573 to €16,967

    of which Taxes: -€26,606

  • Current portion of long-term debt +€15,579

    new in 2025: €15,579

Income statement
  • Financial charges +€55,455

    up €55,455 (+3467.3%), from €1,599 to €57,054

  • Other operating charges +€54,943

    up €54,943 (+124870.1%), from €44 to €54,987

  • Taxes -€24,523

    down €24,523 (-91.5%), from €26,795 to €2,273

  • Depreciation +€9,985

    new in 2025: €9,985

  • Gross operating margin +€2,924

    up €2,924 (+2.4%), from €123,006 to €125,931

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €94,568
Gross operating margin +€2,924
Depreciation -€9,985
Other operating charges -€54,943
Financial income +€1,635
Financial charges -€55,455
Taxes +€24,523
Result 2025 €3,266

Cash bridge derived

cash 2024 to 2025

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.

From operations +€30,882
Investment -€344,646
Financing +€291,175
Cash 2024 €123,940
Net result for the year +€3,266
Depreciation +€9,985
Smaller working-capital items -€244
Tax, wage and social debts -€26,606
Other debts +€44,480
Investment in fixed assets (net) -€369,350
Current investments +€24,704
Debts after one year +€275,596
Current portion of long-term debt +€15,579
Cash 2025 €101,350
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €216,545 €528,778 +€312,233 +144.2%
Fixed assets 21/28 €41,500 €400,865 +€359,365 +865.9%
Tangible fixed assets 22/27 €41,500 €400,865 +€359,365 +865.9%
Land and buildings 22 - €400,865 +€400,865
Assets under construction and advance payments 27 €41,500 €0 -€41,500 -100.0%
Current assets 29/58 €175,045 €127,913 -€47,132 -26.9%
Amounts receivable within one year 40/41 €308 €343 +€35 +11.2%
Trade receivables 40 €303 €343 +€40 +13.3%
Other amounts receivable 41 €6 €0 -€6 -100.0%
Current investments 50/53 €49,630 €24,926 -€24,704 -49.8%
Cash at bank and in hand 54/58 €123,940 €101,350 -€22,590 -18.2%
Deferred charges and accrued income 490/1 €1,166 €1,294 +€128 +10.9%
Total equity and liabilities 10/49 €216,545 €528,778 +€312,233 +144.2%
Equity 10/15 €170,997 €174,263 +€3,266 +1.9%
Contributions 10/11 €4,000 €4,000 = 0.0%
Profit (loss) carried forward 14 €166,997 €170,263 +€3,266 +2.0%
Amounts payable 17/49 €45,548 €354,515 +€308,967 +678.3%
Amounts payable after more than one year 17 - €275,596 +€275,596
Financial debts 170/4 - €275,596 +€275,596
Amounts payable within one year 42/48 €45,548 €78,919 +€33,371 +73.3%
Current portion of amounts payable after more than one year 42 - €15,579 +€15,579
Trade debts 44 €1,523 €1,441 -€82 -5.4%
Suppliers 440/4 €1,523 €1,441 -€82 -5.4%
Taxes, remuneration and social security 45 €43,573 €16,967 -€26,606 -61.1%
Taxes 450/3 €43,573 €16,967 -€26,606 -61.1%
Remuneration and social security 454/9 €0 - =
Other amounts payable 47/48 €452 €44,933 +€44,480 +9831.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 - €9,985 +€9,985
Other operating charges 640/8 €44 €54,987 +€54,943 +124870.1%
Gross operating margin 9900 €123,006 €125,931 +€2,924 +2.4%
Operating profit (loss) 9901 €122,962 €60,958 -€62,004 -50.4%
Financial income 75/76B - €1,635 +€1,635
Recurring financial income 75 - €1,635 +€1,635
Financial charges 65/66B €1,599 €57,054 +€55,455 +3467.3%
Recurring financial charges 65 €1,599 €57,054 +€55,455 +3467.3%
Profit (loss) for the period before taxes 9903 €121,363 €5,539 -€115,824 -95.4%
Income taxes 67/77 €26,795 €2,273 -€24,523 -91.5%
Profit (loss) for the period 9904 €94,568 €3,266 -€91,302 -96.5%
Profit (loss) for the period to be appropriated 9905 €94,568 €3,266 -€91,302 -96.5%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.