Collor: 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.
Collor
Largest movements
- Receivables within one year -€30,838
down €30,838 (-93.8%), from €32,887 to €2,048
of which Trade receivables: -€31,707
- Receivables after one year +€5,000
new in 2025: €5,000
- Tangible fixed assets -€2,529
down €2,529 (-6.2%), from €41,095 to €38,567
of which Furniture and vehicles: -€13,914
- Cash -€2,395
down €2,395 (-5.5%), from €43,255 to €40,860
mainly Tax, wage and social debts (-€28,589) and Trade debts (-€6,294)
- Tax, wage and social debts -€28,589
down €28,589 (-94.6%), from €30,231 to €1,642
of which Taxes: -€28,789
- Trade debts -€6,294
down €6,294 (-68.6%), from €9,174 to €2,880
- Reserves +€3,533
up €3,533 (+5.5%), from €64,071 to €67,604
- Gross operating margin -€73,846
down €73,846 (-75.0%), from €98,431 to €24,586
- Taxes -€22,358
down €22,358 (-93.9%), from €23,801 to €1,442
- Other operating charges +€11,079
up €11,079 (+687.2%), from €1,612 to €12,691
- Financial charges -€1,118
down €1,118 (-58.3%), from €1,916 to €798
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 | €118,492 | €87,142 | -€31,350 | -26.5% |
| Fixed assets | 21/28 | €41,395 | €38,567 | -€2,829 | -6.8% |
| Tangible fixed assets | 22/27 | €41,095 | €38,567 | -€2,529 | -6.2% |
| Plant, machinery and equipment | 23 | €23,128 | €34,513 | +€11,385 | +49.2% |
| Furniture and vehicles | 24 | €17,968 | €4,054 | -€13,914 | -77.4% |
| Financial fixed assets | 28 | €300 | €0 | -€300 | -100.0% |
| Current assets | 29/58 | €77,096 | €48,575 | -€28,521 | -37.0% |
| Amounts receivable after more than one year | 29 | - | €5,000 | +€5,000 | |
| Trade receivables | 290 | - | €5,000 | +€5,000 | |
| Amounts receivable within one year | 40/41 | €32,887 | €2,048 | -€30,838 | -93.8% |
| Trade receivables | 40 | €32,887 | €1,180 | -€31,707 | -96.4% |
| Other amounts receivable | 41 | - | €868 | +€868 | |
| Cash at bank and in hand | 54/58 | €43,255 | €40,860 | -€2,395 | -5.5% |
| Deferred charges and accrued income | 490/1 | €954 | €667 | -€287 | -30.1% |
| Total equity and liabilities | 10/49 | €118,492 | €87,142 | -€31,350 | -26.5% |
| Equity | 10/15 | €79,071 | €82,604 | +€3,533 | +4.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €64,071 | €67,604 | +€3,533 | +5.5% |
| Distributable reserves | 133 | €64,071 | €67,604 | +€3,533 | +5.5% |
| Amounts payable | 17/49 | €39,421 | €4,538 | -€34,883 | -88.5% |
| Amounts payable within one year | 42/48 | €39,421 | €4,538 | -€34,883 | -88.5% |
| Trade debts | 44 | €9,174 | €2,880 | -€6,294 | -68.6% |
| Suppliers | 440/4 | €9,174 | €2,880 | -€6,294 | -68.6% |
| Taxes, remuneration and social security | 45 | €30,231 | €1,642 | -€28,589 | -94.6% |
| Taxes | 450/3 | €30,231 | €1,442 | -€28,789 | -95.2% |
| Remuneration and social security | 454/9 | - | €200 | +€200 | |
| Other amounts payable | 47/48 | €16 | €16 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,070 | €6,126 | -€944 | -13.3% |
| Other operating charges | 640/8 | €1,612 | €12,691 | +€11,079 | +687.2% |
| Gross operating margin | 9900 | €98,431 | €24,586 | -€73,846 | -75.0% |
| Operating profit (loss) | 9901 | €89,749 | €5,769 | -€83,981 | -93.6% |
| Financial income | 75/76B | €39 | €5 | -€33 | -85.8% |
| Recurring financial income | 75 | €39 | €5 | -€33 | -85.8% |
| Financial charges | 65/66B | €1,916 | €798 | -€1,118 | -58.3% |
| Recurring financial charges | 65 | €1,916 | €798 | -€1,118 | -58.3% |
| Profit (loss) for the period before taxes | 9903 | €87,872 | €4,976 | -€82,896 | -94.3% |
| Income taxes | 67/77 | €23,801 | €1,442 | -€22,358 | -93.9% |
| Profit (loss) for the period | 9904 | €64,071 | €3,533 | -€60,538 | -94.5% |
| Profit (loss) for the period to be appropriated | 9905 | €64,071 | €3,533 | -€60,538 | -94.5% |
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 28 September 2026 via checked.be.