COLLU: 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.
COLLU
Largest movements
- Receivables within one year -€30,495
down €30,495 (-75.6%), from €40,337 to €9,842
of which Trade receivables: -€30,902
- Cash +€24,700
up €24,700 (+107.0%), from €23,079 to €47,779
mainly Net result for the year (+€35,326) and Receivables within one year (+€30,495)
- Tangible fixed assets -€23,390
down €23,390 (-25.0%), from €93,391 to €70,001
of which Furniture and vehicles: -€17,644
- Stocks and contracts -€3,072
down €3,072 (-30.7%), from €9,995 to €6,923
- Trade debts -€43,392
down €43,392 (-96.0%), from €45,196 to €1,804
- Other debts +€8,781
up €8,781 (+32.0%), from €27,466 to €36,247
- Profit (loss) carried forward +€5,158
up €5,158 (+10.8%), from €47,812 to €52,970
- Tax, wage and social debts -€2,700
no longer reported in 2025 (was €2,700)
- Gross operating margin +€50,360
up €50,360 (+291.9%), from €17,255 to €67,615
- Taxes +€6,913
up €6,913, from -€1,568 to €5,345
- Other operating charges -€1,366
down €1,366 (-51.8%), from €2,638 to €1,272
- Financial charges -€1,072
down €1,072 (-83.2%), from €1,288 to €216
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 | €167,670 | €135,516 | -€32,153 | -19.2% |
| Fixed assets | 21/28 | €93,441 | €70,051 | -€23,390 | -25.0% |
| Tangible fixed assets | 22/27 | €93,391 | €70,001 | -€23,390 | -25.0% |
| Plant, machinery and equipment | 23 | €30,827 | €26,598 | -€4,228 | -13.7% |
| Furniture and vehicles | 24 | €58,791 | €41,147 | -€17,644 | -30.0% |
| Other tangible fixed assets | 26 | €3,774 | €2,255 | -€1,518 | -40.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €74,229 | €65,466 | -€8,763 | -11.8% |
| Stocks and contracts in progress | 3 | €9,995 | €6,923 | -€3,072 | -30.7% |
| Stocks | 30/36 | €9,995 | €6,923 | -€3,072 | -30.7% |
| Amounts receivable within one year | 40/41 | €40,337 | €9,842 | -€30,495 | -75.6% |
| Trade receivables | 40 | €30,902 | - | -€30,902 | |
| Other amounts receivable | 41 | €9,435 | €9,842 | +€407 | +4.3% |
| Cash at bank and in hand | 54/58 | €23,079 | €47,779 | +€24,700 | +107.0% |
| Deferred charges and accrued income | 490/1 | €818 | €922 | +€104 | +12.7% |
| Total equity and liabilities | 10/49 | €167,670 | €135,516 | -€32,153 | -19.2% |
| Equity | 10/15 | €92,308 | €97,466 | +€5,158 | +5.6% |
| Contributions | 10/11 | €14,636 | €14,636 | = | 0.0% |
| Reserves | 13 | €29,860 | €29,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €28,000 | €28,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,812 | €52,970 | +€5,158 | +10.8% |
| Amounts payable | 17/49 | €75,362 | €38,051 | -€37,311 | -49.5% |
| Amounts payable within one year | 42/48 | €75,362 | €38,051 | -€37,311 | -49.5% |
| Trade debts | 44 | €45,196 | €1,804 | -€43,392 | -96.0% |
| Suppliers | 440/4 | €45,196 | €1,804 | -€43,392 | -96.0% |
| Taxes, remuneration and social security | 45 | €2,700 | - | -€2,700 | |
| Remuneration and social security | 454/9 | €2,700 | - | -€2,700 | |
| Other amounts payable | 47/48 | €27,466 | €36,247 | +€8,781 | +32.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,404 | €25,466 | +€62 | +0.2% |
| Other operating charges | 640/8 | €2,638 | €1,272 | -€1,366 | -51.8% |
| Non-recurring operating charges | 66A | €960 | - | -€960 | |
| Gross operating margin | 9900 | €17,255 | €67,615 | +€50,360 | +291.9% |
| Operating profit (loss) | 9901 | -€11,747 | €40,877 | +€52,623 | |
| Financial income | 75/76B | €1 | €10 | +€9 | +650.4% |
| Recurring financial income | 75 | €1 | €10 | +€9 | +650.4% |
| Financial charges | 65/66B | €1,288 | €216 | -€1,072 | -83.2% |
| Recurring financial charges | 65 | €1,288 | €216 | -€1,072 | -83.2% |
| Profit (loss) for the period before taxes | 9903 | -€13,034 | €40,671 | +€53,704 | |
| Income taxes | 67/77 | -€1,568 | €5,345 | +€6,913 | |
| Profit (loss) for the period | 9904 | -€11,465 | €35,326 | +€46,791 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,465 | €35,326 | +€46,791 |
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 10 October 2026 via checked.be.