Colombier Projects: 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.
Colombier Projects
Largest movements
- Tangible fixed assets +€59,713
up €59,713 (+455%), from €13,137 to €72,851
of which Leasing and similar rights: +€59,715
- Stocks and contracts +€7,382
up €7,382 (+36.1%), from €20,439 to €27,821
- Debts after one year +€53,299
new in 2025: €53,299
- Reserves +€9,797
up €9,797 (+16.2%), from €60,647 to €70,444
- Current portion of long-term debt +€5,681
up €5,681 (+80.6%), from €7,050 to €12,731
- Trade debts -€2,287
down €2,287 (-34.5%), from €6,624 to €4,338
- Gross operating margin -€4,635
down €4,635 (-10.6%), from €43,844 to €39,209
- Depreciation -€1,663
down €1,663 (-17.5%), from €9,478 to €7,815
- Financial charges +€1,307
up €1,307 (+190%), from €689 to €1,995
- Taxes -€847
down €847 (-11.4%), from €7,420 to €6,573
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,134 | €160,219 | +€68,085 | +73.9% |
| Fixed assets | 21/28 | €13,137 | €72,851 | +€59,713 | +455% |
| Tangible fixed assets | 22/27 | €13,137 | €72,851 | +€59,713 | +455% |
| Plant, machinery and equipment | 23 | €2,633 | €2,917 | +€284 | +10.8% |
| Furniture and vehicles | 24 | €3,299 | €3,013 | -€286 | -8.7% |
| Leasing and similar rights | 25 | €7,206 | €66,921 | +€59,715 | +829% |
| Current assets | 29/58 | €78,996 | €87,368 | +€8,372 | +10.6% |
| Stocks and contracts in progress | 3 | €20,439 | €27,821 | +€7,382 | +36.1% |
| Stocks | 30/36 | €20,439 | €27,821 | +€7,382 | +36.1% |
| Amounts receivable within one year | 40/41 | €15,482 | €15,571 | +€89 | +0.6% |
| Trade receivables | 40 | €10,801 | €10,890 | +€89 | +0.8% |
| Other amounts receivable | 41 | €4,681 | €4,681 | +€1 | 0.0% |
| Cash at bank and in hand | 54/58 | €41,908 | €42,691 | +€783 | +1.9% |
| Deferred charges and accrued income | 490/1 | €1,167 | €1,284 | +€117 | +10.1% |
| Total equity and liabilities | 10/49 | €92,134 | €160,219 | +€68,085 | +73.9% |
| Equity | 10/15 | €63,647 | €73,444 | +€9,797 | +15.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €60,647 | €70,444 | +€9,797 | +16.2% |
| Distributable reserves | 133 | €60,647 | €70,444 | +€9,797 | +16.2% |
| Amounts payable | 17/49 | €28,486 | €86,775 | +€58,288 | +205% |
| Amounts payable after more than one year | 17 | - | €53,299 | +€53,299 | |
| Financial debts | 170/4 | - | €53,299 | +€53,299 | |
| Amounts payable within one year | 42/48 | €28,486 | €33,475 | +€4,989 | +17.5% |
| Current portion of amounts payable after more than one year | 42 | €7,050 | €12,731 | +€5,681 | +80.6% |
| Trade debts | 44 | €6,624 | €4,338 | -€2,287 | -34.5% |
| Suppliers | 440/4 | €6,624 | €4,338 | -€2,287 | -34.5% |
| Taxes, remuneration and social security | 45 | €13,146 | €14,741 | +€1,595 | +12.1% |
| Taxes | 450/3 | €13,146 | €14,741 | +€1,595 | +12.1% |
| Other amounts payable | 47/48 | €1,666 | €1,666 | = | 0.0% |
| Non-recurring operating income | 76A | - | €9,098 | +€9,098 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,478 | €7,815 | -€1,663 | -17.5% |
| Other operating charges | 640/8 | €2,086 | €2,360 | +€273 | +13.1% |
| Gross operating margin | 9900 | €43,844 | €39,209 | -€4,635 | -10.6% |
| Operating profit (loss) | 9901 | €32,280 | €29,035 | -€3,246 | -10.1% |
| Financial income | 75/76B | €121 | €196 | +€76 | +62.6% |
| Recurring financial income | 75 | €121 | €196 | +€76 | +62.6% |
| Financial charges | 65/66B | €689 | €1,995 | +€1,307 | +190% |
| Recurring financial charges | 65 | €689 | €1,995 | +€1,307 | +190% |
| Profit (loss) for the period before taxes | 9903 | €31,713 | €27,236 | -€4,477 | -14.1% |
| Income taxes | 67/77 | €7,420 | €6,573 | -€847 | -11.4% |
| Profit (loss) for the period | 9904 | €24,292 | €20,663 | -€3,630 | -14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,292 | €20,663 | -€3,630 | -14.9% |
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 15 October 2026 via checked.be.