COLLON: 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.
COLLON
Largest movements
- Current investments -€500,000
down €500,000 (-100.0%), from €500,000 to €0
- Tangible fixed assets +€346,293
up €346,293 (+12.9%), from €2.7m to €3.0m
of which Plant, machinery and equipment: +€397,093
- Cash +€320,527
up €320,527 (+71.0%), from €451,754 to €772,281
mainly Net result for the year (+€751,418) and Depreciation (+€533,481)
- Receivables within one year -€81,005
down €81,005 (-5.9%), from €1.4m to €1.3m
of which Other amounts receivable: -€128,694
- Stocks and contracts +€68,115
up €68,115 (+24.2%), from €281,200 to €349,315
- Profit (loss) carried forward +€751,418
up €751,418 (+18.7%), from €4.0m to €4.8m
- Current portion of long-term debt -€198,483
down €198,483 (-47.6%), from €417,247 to €218,764
- Provisions -€160,349
down €160,349 (-100.0%), from €160,349 to €0
- Debts after one year -€125,525
down €125,525 (-66.2%), from €189,559 to €64,034
- Other debts -€80,000
down €80,000 (-100.0%), from €80,000 to €0
- Provisions -€320,699
down €320,699, from €160,349 to -€160,349
- Gross operating margin -€229,093
down €229,093 (-10.5%), from €2.2m to €2.0m
- Staff costs -€73,370
down €73,370 (-12.8%), from €572,391 to €499,021
- Taxes -€59,738
down €59,738 (-24.5%), from €244,253 to €184,515
- Financial charges +€52,438
up €52,438 (+44.3%), from €118,392 to €170,830
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 | €5,323,593 | €5,494,272 | +€170,679 | +3.2% |
| Fixed assets | 21/28 | €2,699,816 | €3,049,889 | +€350,073 | +13.0% |
| Intangible fixed assets | 21 | €21,137 | €24,918 | +€3,780 | +17.9% |
| Tangible fixed assets | 22/27 | €2,677,811 | €3,024,103 | +€346,293 | +12.9% |
| Land and buildings | 22 | €1,888,452 | €1,796,655 | -€91,797 | -4.9% |
| Plant, machinery and equipment | 23 | €378,020 | €775,112 | +€397,093 | +105.0% |
| Furniture and vehicles | 24 | €325,839 | €395,336 | +€69,497 | +21.3% |
| Leasing and similar rights | 25 | €85,500 | €57,000 | -€28,500 | -33.3% |
| Assets under construction and advance payments | 27 | €0 | €0 | = | |
| Financial fixed assets | 28 | €868 | €868 | = | 0.0% |
| Current assets | 29/58 | €2,623,777 | €2,444,383 | -€179,394 | -6.8% |
| Stocks and contracts in progress | 3 | €281,200 | €349,315 | +€68,115 | +24.2% |
| Stocks | 30/36 | €281,200 | €349,315 | +€68,115 | +24.2% |
| Amounts receivable within one year | 40/41 | €1,379,530 | €1,298,526 | -€81,005 | -5.9% |
| Trade receivables | 40 | €435,979 | €483,668 | +€47,689 | +10.9% |
| Other amounts receivable | 41 | €943,552 | €814,858 | -€128,694 | -13.6% |
| Current investments | 50/53 | €500,000 | €0 | -€500,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €451,754 | €772,281 | +€320,527 | +71.0% |
| Deferred charges and accrued income | 490/1 | €11,293 | €24,263 | +€12,969 | +114.8% |
| Total equity and liabilities | 10/49 | €5,323,593 | €5,494,272 | +€170,679 | +3.2% |
| Equity | 10/15 | €4,378,889 | €5,130,306 | +€751,418 | +17.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €349,195 | €349,195 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,395 | €12,395 | = | 0.0% |
| Tax-exempt reserves | 132 | €336,800 | €336,800 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €4,011,094 | €4,762,511 | +€751,418 | +18.7% |
| Provisions and deferred taxes | 16 | €160,349 | €0 | -€160,349 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €160,349 | €0 | -€160,349 | -100.0% |
| Environmental obligations | 163 | €160,349 | €0 | -€160,349 | -100.0% |
| Amounts payable | 17/49 | €784,355 | €363,966 | -€420,389 | -53.6% |
| Amounts payable after more than one year | 17 | €189,559 | €64,034 | -€125,525 | -66.2% |
| Financial debts | 170/4 | €189,559 | €64,034 | -€125,525 | -66.2% |
| Amounts payable within one year | 42/48 | €594,796 | €299,932 | -€294,864 | -49.6% |
| Current portion of amounts payable after more than one year | 42 | €417,247 | €218,764 | -€198,483 | -47.6% |
| Financial debts | 43 | - | €0 | = | |
| Credit institutions | 430/8 | - | €0 | = | |
| Trade debts | 44 | €48,910 | €37,019 | -€11,891 | -24.3% |
| Suppliers | 440/4 | €48,910 | €37,019 | -€11,891 | -24.3% |
| Taxes, remuneration and social security | 45 | €48,639 | €44,148 | -€4,490 | -9.2% |
| Taxes | 450/3 | €2,420 | €2,908 | +€488 | +20.2% |
| Remuneration and social security | 454/9 | €46,218 | €41,240 | -€4,978 | -10.8% |
| Other amounts payable | 47/48 | €80,000 | €0 | -€80,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €572,391 | €499,021 | -€73,370 | -12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500,406 | €533,481 | +€33,075 | +6.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,061 | +€3,061 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €160,349 | -€160,349 | -€320,699 | |
| Other operating charges | 640/8 | €54,742 | €14,724 | -€40,018 | -73.1% |
| Gross operating margin | 9900 | €2,190,638 | €1,961,545 | -€229,093 | -10.5% |
| Operating profit (loss) | 9901 | €902,750 | €1,071,609 | +€168,859 | +18.7% |
| Financial income | 75/76B | €43,749 | €35,154 | -€8,595 | -19.6% |
| Recurring financial income | 75 | €43,749 | €35,154 | -€8,595 | -19.6% |
| Financial charges | 65/66B | €118,392 | €170,830 | +€52,438 | +44.3% |
| Recurring financial charges | 65 | €118,392 | €170,830 | +€52,438 | +44.3% |
| Profit (loss) for the period before taxes | 9903 | €828,107 | €935,932 | +€107,825 | +13.0% |
| Income taxes | 67/77 | €244,253 | €184,515 | -€59,738 | -24.5% |
| Profit (loss) for the period | 9904 | €583,854 | €751,418 | +€167,564 | +28.7% |
| Transfer from tax-exempt reserves | 789 | €126,300 | - | -€126,300 | |
| Transfer to tax-exempt reserves | 689 | €336,800 | - | -€336,800 | |
| Profit (loss) for the period to be appropriated | 9905 | €373,354 | €751,418 | +€378,064 | +101.3% |
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 30 September 2026 via checked.be.