COLOFINA: 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.
COLOFINA
Largest movements
- Receivables within one year -€89,874
down €89,874 (-13.1%), from €687,765 to €597,890
of which Other amounts receivable: -€122,279
- Stocks and contracts -€34,106
no longer reported in 2025 (was €34,106)
- Tangible fixed assets +€29,701
up €29,701 (+3899.7%), from €762 to €30,463
- Cash -€12,584
down €12,584 (-94.3%), from €13,350 to €767
mainly Trade debts (-€114,275) and Investment in fixed assets (net) (-€38,941)
- Trade debts -€114,275
down €114,275 (-57.1%), from €200,246 to €85,971
- Tax, wage and social debts -€20,683
down €20,683 (-74.4%), from €27,792 to €7,109
- Profit (loss) carried forward +€14,895
up €14,895 (+3.2%), from €467,535 to €482,430
- Other debts +€13,200
up €13,200 (+66.0%), from €20,000 to €33,200
- Gross operating margin +€29,723
up €29,723 (+1210.1%), from €2,456 to €32,180
- Depreciation +€9,088
up €9,088 (+6026.3%), from €151 to €9,239
- Taxes +€7,138
up €7,138, from -€29 to €7,109
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 | €736,032 | €629,170 | -€106,863 | -14.5% |
| Fixed assets | 21/28 | €812 | €30,513 | +€29,701 | +3659.4% |
| Tangible fixed assets | 22/27 | €762 | €30,463 | +€29,701 | +3899.7% |
| Furniture and vehicles | 24 | €762 | €30,463 | +€29,701 | +3899.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €735,221 | €598,657 | -€136,564 | -18.6% |
| Stocks and contracts in progress | 3 | €34,106 | - | -€34,106 | |
| Stocks | 30/36 | €34,106 | - | -€34,106 | |
| Amounts receivable within one year | 40/41 | €687,765 | €597,890 | -€89,874 | -13.1% |
| Trade receivables | 40 | €386,133 | €418,538 | +€32,405 | +8.4% |
| Other amounts receivable | 41 | €301,631 | €179,352 | -€122,279 | -40.5% |
| Cash at bank and in hand | 54/58 | €13,350 | €767 | -€12,584 | -94.3% |
| Total equity and liabilities | 10/49 | €736,032 | €629,170 | -€106,863 | -14.5% |
| Equity | 10/15 | €487,995 | €502,890 | +€14,895 | +3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €467,535 | €482,430 | +€14,895 | +3.2% |
| Amounts payable | 17/49 | €248,038 | €126,280 | -€121,758 | -49.1% |
| Amounts payable within one year | 42/48 | €248,038 | €126,280 | -€121,758 | -49.1% |
| Trade debts | 44 | €200,246 | €85,971 | -€114,275 | -57.1% |
| Suppliers | 440/4 | €200,246 | €85,971 | -€114,275 | -57.1% |
| Taxes, remuneration and social security | 45 | €27,792 | €7,109 | -€20,683 | -74.4% |
| Taxes | 450/3 | €27,792 | €7,109 | -€20,683 | -74.4% |
| Other amounts payable | 47/48 | €20,000 | €33,200 | +€13,200 | +66.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €151 | €9,239 | +€9,088 | +6026.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €2,456 | €32,180 | +€29,723 | +1210.1% |
| Operating profit (loss) | 9901 | €1,918 | €22,541 | +€20,623 | +1075.2% |
| Financial income | 75/76B | €2 | €0 | -€2 | -92.5% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -92.5% |
| Financial charges | 65/66B | €516 | €537 | +€20 | +3.9% |
| Recurring financial charges | 65 | €516 | €537 | +€20 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €1,404 | €22,004 | +€20,601 | +1467.6% |
| Income taxes | 67/77 | -€29 | €7,109 | +€7,138 | |
| Profit (loss) for the period | 9904 | €1,433 | €14,895 | +€13,462 | +939.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,433 | €14,895 | +€13,462 | +939.4% |
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.