COLLINVEST: 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.
COLLINVEST
Largest movements
- Tangible fixed assets +€105,372
up €105,372 (+6,678%), from €1,578 to €106,950
of which Land and buildings: +€104,488
- Cash -€69,642
down €69,642 (-74.5%), from €93,461 to €23,819
mainly Investment in fixed assets (net) (-€105,846) and Receivables within one year (-€15,173)
- Receivables within one year +€15,173
up €15,173 (+466%), from €3,259 to €18,432
of which Trade receivables: +€15,410
- Other debts +€33,773
new in 2025: €33,773
- Trade debts +€14,071
up €14,071 (+1,788%), from €787 to €14,858
- Reserves +€8,000
up €8,000 (+9.8%), from €82,000 to €90,000
- Tax, wage and social debts -€5,595
down €5,595 (-38.8%), from €14,419 to €8,824
- Gross operating margin -€23,079
down €23,079 (-67.5%), from €34,172 to €11,093
- Turnover -€11,836
down €11,836 (-15.7%), from €75,508 to €63,672
- Purchases and services +€11,243
up €11,243 (+27.2%), from €41,336 to €52,579
- Taxes -€9,513
down €9,513 (-86.6%), from €10,983 to €1,470
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 | €101,576 | €152,479 | +€50,903 | +50.1% |
| Fixed assets | 21/28 | €4,856 | €110,228 | +€105,372 | +2,170% |
| Tangible fixed assets | 22/27 | €1,578 | €106,950 | +€105,372 | +6,678% |
| Land and buildings | 22 | - | €104,488 | +€104,488 | |
| Plant, machinery and equipment | 23 | €1,543 | €1,359 | -€184 | -11.9% |
| Furniture and vehicles | 24 | €35 | €1,103 | +€1,068 | +3,051% |
| Financial fixed assets | 28 | €3,278 | €3,278 | = | 0.0% |
| Current assets | 29/58 | €96,720 | €42,251 | -€54,469 | -56.3% |
| Amounts receivable within one year | 40/41 | €3,259 | €18,432 | +€15,173 | +466% |
| Trade receivables | 40 | €2,722 | €18,132 | +€15,410 | +566% |
| Other amounts receivable | 41 | €537 | €300 | -€237 | -44.1% |
| Cash at bank and in hand | 54/58 | €93,461 | €23,819 | -€69,642 | -74.5% |
| Total equity and liabilities | 10/49 | €101,576 | €152,479 | +€50,903 | +50.1% |
| Equity | 10/15 | €86,370 | €95,024 | +€8,654 | +10.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €82,000 | €90,000 | +€8,000 | +9.8% |
| Distributable reserves | 133 | €82,000 | €90,000 | +€8,000 | +9.8% |
| Profit (loss) carried forward | 14 | €2,370 | €3,024 | +€654 | +27.6% |
| Amounts payable | 17/49 | €15,206 | €57,455 | +€42,249 | +278% |
| Amounts payable within one year | 42/48 | €15,206 | €57,455 | +€42,249 | +278% |
| Trade debts | 44 | €787 | €14,858 | +€14,071 | +1,788% |
| Suppliers | 440/4 | €787 | €14,858 | +€14,071 | +1,788% |
| Taxes, remuneration and social security | 45 | €14,419 | €8,824 | -€5,595 | -38.8% |
| Taxes | 450/3 | €14,419 | €8,824 | -€5,595 | -38.8% |
| Other amounts payable | 47/48 | - | €33,773 | +€33,773 | |
| Turnover | 70 | €75,508 | €63,672 | -€11,836 | -15.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €41,336 | €52,579 | +€11,243 | +27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €751 | €474 | -€277 | -36.9% |
| Other operating charges | 640/8 | €388 | - | -€388 | |
| Gross operating margin | 9900 | €34,172 | €11,093 | -€23,079 | -67.5% |
| Operating profit (loss) | 9901 | €33,033 | €10,619 | -€22,414 | -67.9% |
| Financial charges | 65/66B | €69 | €495 | +€426 | +617% |
| Recurring financial charges | 65 | €69 | €495 | +€426 | +617% |
| Profit (loss) for the period before taxes | 9903 | €32,964 | €10,124 | -€22,840 | -69.3% |
| Income taxes | 67/77 | €10,983 | €1,470 | -€9,513 | -86.6% |
| Profit (loss) for the period | 9904 | €21,981 | €8,654 | -€13,327 | -60.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,981 | €8,654 | -€13,327 | -60.6% |
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 13 October 2026 via checked.be.