Collitax: 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.
Collitax
Largest movements
- Tangible fixed assets -€427,012
down €427,012 (-16.4%), from €2.6m to €2.2m
of which Leasing and similar rights: -€392,498
- Deferred charges and accrued income +€226,060
up €226,060 (+787.1%), from €28,721 to €254,781
- Receivables within one year +€215,721
up €215,721 (+12.6%), from €1.7m to €1.9m
of which Trade receivables: +€224,785
- Debts after one year -€327,616
down €327,616 (-29.2%), from €1.1m to €794,457
- Profit (loss) carried forward +€311,352
up €311,352 (+734.4%), from €42,393 to €353,745
- Tax, wage and social debts +€189,161
up €189,161 (+32.8%), from €576,792 to €765,953
of which Remuneration and social security: +€146,560
- Current portion of long-term debt -€157,132
down €157,132 (-22.9%), from €687,015 to €529,883
- Trade debts +€62,088
up €62,088 (+17.8%), from €349,265 to €411,353
- Gross operating margin +€465,981
up €465,981 (+8.5%), from €5.5m to €5.9m
- Staff costs +€282,714
up €282,714 (+6.5%), from €4.4m to €4.6m
- Depreciation -€244,875
down €244,875 (-27.9%), from €878,531 to €633,655
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.
Cash bridge derived
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 | €4,591,343 | €4,608,902 | +€17,559 | +0.4% |
| Fixed assets | 21/28 | €2,625,821 | €2,196,719 | -€429,102 | -16.3% |
| Tangible fixed assets | 22/27 | €2,606,604 | €2,179,592 | -€427,012 | -16.4% |
| Land and buildings | 22 | €558,948 | €556,186 | -€2,762 | -0.5% |
| Plant, machinery and equipment | 23 | €189,952 | €137,462 | -€52,490 | -27.6% |
| Furniture and vehicles | 24 | €23,101 | €61,043 | +€37,941 | +164.2% |
| Leasing and similar rights | 25 | €1,547,871 | €1,155,373 | -€392,498 | -25.4% |
| Other tangible fixed assets | 26 | €286,732 | €269,529 | -€17,203 | -6.0% |
| Financial fixed assets | 28 | €19,217 | €17,127 | -€2,090 | -10.9% |
| Current assets | 29/58 | €1,965,522 | €2,412,183 | +€446,661 | +22.7% |
| Stocks and contracts in progress | 3 | €1,859 | €1,859 | = | 0.0% |
| Stocks | 30/36 | €1,859 | €1,859 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,713,820 | €1,929,541 | +€215,721 | +12.6% |
| Trade receivables | 40 | €1,647,519 | €1,872,304 | +€224,785 | +13.6% |
| Other amounts receivable | 41 | €66,301 | €57,237 | -€9,064 | -13.7% |
| Cash at bank and in hand | 54/58 | €221,121 | €226,001 | +€4,880 | +2.2% |
| Deferred charges and accrued income | 490/1 | €28,721 | €254,781 | +€226,060 | +787.1% |
| Total equity and liabilities | 10/49 | €4,591,343 | €4,608,902 | +€17,559 | +0.4% |
| Equity | 10/15 | €1,027,924 | €1,339,275 | +€311,352 | +30.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €966,930 | €966,930 | = | 0.0% |
| Tax-exempt reserves | 132 | €780,435 | €780,435 | = | 0.0% |
| Distributable reserves | 133 | €186,496 | €186,496 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,393 | €353,745 | +€311,352 | +734.4% |
| Amounts payable | 17/49 | €3,563,420 | €3,269,626 | -€293,793 | -8.2% |
| Amounts payable after more than one year | 17 | €1,122,073 | €794,457 | -€327,616 | -29.2% |
| Financial debts | 170/4 | €1,122,073 | €794,457 | -€327,616 | -29.2% |
| Amounts payable within one year | 42/48 | €2,414,604 | €2,463,433 | +€48,830 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €687,015 | €529,883 | -€157,132 | -22.9% |
| Financial debts | 43 | €775,000 | €725,000 | -€50,000 | -6.5% |
| Credit institutions | 430/8 | €775,000 | €725,000 | -€50,000 | -6.5% |
| Trade debts | 44 | €349,265 | €411,353 | +€62,088 | +17.8% |
| Suppliers | 440/4 | €349,265 | €411,353 | +€62,088 | +17.8% |
| Taxes, remuneration and social security | 45 | €576,792 | €765,953 | +€189,161 | +32.8% |
| Taxes | 450/3 | €74,194 | €116,795 | +€42,601 | +57.4% |
| Remuneration and social security | 454/9 | €502,598 | €649,158 | +€146,560 | +29.2% |
| Other amounts payable | 47/48 | €26,531 | €31,244 | +€4,713 | +17.8% |
| Accrued charges and deferred income | 492/3 | €26,743 | €11,736 | -€15,007 | -56.1% |
| Non-recurring operating income | 76A | - | €223,914 | +€223,914 | |
| Remuneration, social security and pensions | 62 | €4,357,812 | €4,640,526 | +€282,714 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €878,531 | €633,655 | -€244,875 | -27.9% |
| Other operating charges | 640/8 | €117,329 | €173,016 | +€55,686 | +47.5% |
| Non-recurring operating charges | 66A | - | €70,533 | +€70,533 | |
| Gross operating margin | 9900 | €5,454,464 | €5,920,445 | +€465,981 | +8.5% |
| Operating profit (loss) | 9901 | €100,792 | €402,715 | +€301,923 | +299.6% |
| Financial income | 75/76B | €19,676 | €14,314 | -€5,361 | -27.2% |
| Recurring financial income | 75 | €19,676 | €14,314 | -€5,361 | -27.2% |
| Financial charges | 65/66B | €133,274 | €103,681 | -€29,593 | -22.2% |
| Recurring financial charges | 65 | €133,274 | €103,681 | -€29,593 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | -€12,806 | €313,349 | +€326,155 | |
| Income taxes | 67/77 | €1,949 | €1,997 | +€48 | +2.5% |
| Profit (loss) for the period | 9904 | -€14,755 | €311,352 | +€326,107 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,755 | €311,352 | +€326,107 |
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 6 October 2026 via checked.be.