COLMAN ANTWERPEN: 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.
What changed
COLMAN ANTWERPEN
NACE 47.770, Retail sale of watches and jewellery
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.2m
2024 · €2.4m-€230,515
Equity
€1.0m
2024 · €775,062+€251,903
Cash
€700,814
2024 · €243,176+€457,638
Balance sheet total
€17.8m
2024 · €16.7m+€1.1m
Largest movements
Assets
- Stocks and contracts +€758,525
up €758,525 (+5.0%), from €15.0m to €15.8m
- Cash +€457,638
up €457,638 (+188%), from €243,176 to €700,814
mainly Net result for the year (+€2.2m) and Debts after one year (+€850,000)
Equity and liabilities
- Debts after one year +€850,000
up €850,000 (+6.7%), from €12.6m to €13.5m
- Profit (loss) carried forward +€251,903
up €251,903 (+34.7%), from €725,062 to €976,965
- Other debts -€200,000
down €200,000 (-9.5%), from €2.1m to €1.9m
Income statement
- Turnover +€697,038
up €697,038 (+4.3%), from €16.1m to €16.8m
- Goods and materials +€445,837
up €445,837 (+4.1%), from €10.8m to €11.2m
of which Change in stocks: decrease (increase): +€1.2m
- Services and other goods +€330,941
up €330,941 (+20.5%), from €1.6m to €1.9m
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.
Result 2024
€2.4m
Turnover
+€697,038
Other operating income
-€26,996
Goods and materials
-€445,837
Services and other goods
-€330,941
Staff costs
-€39,961
Depreciation
-€41,364
Other operating charges
-€1,821
Other operating items
-€7,462
Financial income
+€5,688
Financial charges
-€45,705
Taxes
+€6,847
Result 2025
€2.2m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.7m
Investment
-€150,570
Financing
-€1.1m
Cash 2024
€243,176
From operations (derived)
+€1.7m
Net result for the year
+€2.2m
Depreciation
+€280,614
Stocks and contracts
-€758,525
Receivables within one year
-€1,440
Deferred charges and accrued income
-€47,132
Trade debts
+€122,149
Tax, wage and social debts
+€106,136
Advances received
-€25,757
Other debts
-€200,000
Accrued charges and deferred income
+€30,261
Investment (derived)
-€150,570
Investment in fixed assets (net)
-€150,570
Financing
-€1.1m
Debts after one year
+€850,000
Contributions, distributions and other
-€1.9m
Cash 2025
€700,814
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,682,006 | €17,816,698 | +€1.1m | +6.8% |
| Fixed assets | 21/28 | €1,211,666 | €1,081,622 | -€130,043 | -10.7% |
| Intangible fixed assets | 21 | €136,646 | €83,253 | -€53,393 | -39.1% |
| Tangible fixed assets | 22/27 | €1,075,020 | €998,369 | -€76,650 | -7.1% |
| Plant, machinery and equipment | 23 | €16,392 | €19,458 | +€3,065 | +18.7% |
| Furniture and vehicles | 24 | €29,986 | €36,838 | +€6,852 | +22.9% |
| Other tangible fixed assets | 26 | €1,028,641 | €942,073 | -€86,568 | -8.4% |
| Current assets | 29/58 | €15,470,340 | €16,735,075 | +€1.3m | +8.2% |
| Stocks and contracts in progress | 3 | €15,022,960 | €15,781,485 | +€758,525 | +5.0% |
| Stocks | 30/36 | €15,022,960 | €15,781,485 | +€758,525 | +5.0% |
| Goods purchased for resale | 34 | €15,022,960 | €15,781,485 | +€758,525 | +5.0% |
| Amounts receivable within one year | 40/41 | €120,999 | €122,439 | +€1,440 | +1.2% |
| Trade receivables | 40 | €112,754 | €121,588 | +€8,834 | +7.8% |
| Other amounts receivable | 41 | €8,245 | €851 | -€7,394 | -89.7% |
| Cash at bank and in hand | 54/58 | €243,176 | €700,814 | +€457,638 | +188% |
| Deferred charges and accrued income | 490/1 | €83,206 | €130,338 | +€47,132 | +56.6% |
| Total equity and liabilities | 10/49 | €16,682,006 | €17,816,698 | +€1.1m | +6.8% |
| Equity | 10/15 | €775,062 | €1,026,965 | +€251,903 | +32.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €725,062 | €976,965 | +€251,903 | +34.7% |
| Amounts payable | 17/49 | €15,906,945 | €16,789,733 | +€882,788 | +5.5% |
| Amounts payable after more than one year | 17 | €12,645,000 | €13,495,000 | +€850,000 | +6.7% |
| Financial debts | 170/4 | €12,645,000 | €13,495,000 | +€850,000 | +6.7% |
| Other loans | 174 | €12,645,000 | €13,495,000 | +€850,000 | +6.7% |
| Amounts payable within one year | 42/48 | €2,918,656 | €2,921,183 | +€2,527 | +0.1% |
| Trade debts | 44 | €322,273 | €444,422 | +€122,149 | +37.9% |
| Suppliers | 440/4 | €322,273 | €444,422 | +€122,149 | +37.9% |
| Advances received on contracts in progress | 46 | €313,946 | €288,188 | -€25,757 | -8.2% |
| Taxes, remuneration and social security | 45 | €182,437 | €288,573 | +€106,136 | +58.2% |
| Taxes | 450/3 | €62,449 | €185,674 | +€123,225 | +197% |
| Remuneration and social security | 454/9 | €119,988 | €102,899 | -€17,089 | -14.2% |
| Other amounts payable | 47/48 | €2,100,000 | €1,900,000 | -€200,000 | -9.5% |
| Accrued charges and deferred income | 492/3 | €343,289 | €373,550 | +€30,261 | +8.8% |
| Operating income | 70/76A | €16,192,395 | €16,854,975 | +€662,580 | +4.1% |
| Turnover | 70 | €16,120,676 | €16,817,714 | +€697,038 | +4.3% |
| Other operating income | 74 | €64,257 | €37,261 | -€26,996 | -42.0% |
| Non-recurring operating income | 76A | €7,462 | €0 | -€7,462 | -100% |
| Operating charges | 60/66A | €13,421,739 | €14,281,663 | +€859,924 | +6.4% |
| Goods for resale, raw materials and consumables | 60 | €10,761,982 | €11,207,819 | +€445,837 | +4.1% |
| Purchases | 600/8 | €12,708,388 | €11,966,344 | -€742,044 | -5.8% |
| Change in stocks: decrease (increase) | 609 | -€1,946,406 | -€758,525 | +€1.2m | +61.0% |
| Services and other goods | 61 | €1,616,251 | €1,947,191 | +€330,941 | +20.5% |
| Remuneration, social security and pensions | 62 | €784,558 | €824,520 | +€39,961 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €239,250 | €280,614 | +€41,364 | +17.3% |
| Other operating charges | 640/8 | €19,697 | €21,519 | +€1,821 | +9.2% |
| Operating profit (loss) | 9901 | €2,770,656 | €2,573,312 | -€197,344 | -7.1% |
| Financial income | 75/76B | €49,797 | €55,485 | +€5,688 | +11.4% |
| Recurring financial income | 75 | €49,797 | €55,485 | +€5,688 | +11.4% |
| Income from financial fixed assets | 750 | - | €2,559 | +€2,559 | |
| Other financial income | 752/9 | €49,797 | €52,926 | +€3,129 | +6.3% |
| Financial charges | 65/66B | €328,879 | €374,584 | +€45,705 | +13.9% |
| Recurring financial charges | 65 | €328,879 | €374,584 | +€45,705 | +13.9% |
| Debt charges | 650 | €325,814 | €373,565 | +€47,751 | +14.7% |
| Other financial charges | 652/9 | €3,065 | €1,020 | -€2,046 | -66.7% |
| Profit (loss) for the period before taxes | 9903 | €2,491,573 | €2,254,212 | -€237,361 | -9.5% |
| Income taxes | 67/77 | €109,155 | €102,308 | -€6,847 | -6.3% |
| Taxes | 670/3 | €109,155 | €102,308 | -€6,847 | -6.3% |
| Profit (loss) for the period | 9904 | €2,382,418 | €2,151,903 | -€230,515 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,382,418 | €2,151,903 | -€230,515 | -9.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.