Colon River: 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.
Colon River
Largest movements
- Receivables within one year +€71,812
up €71,812 (+247627.6%), from €29 to €71,841
- Profit (loss) carried forward -€105,236
down €105,236 (-29.5%), from -€356,926 to -€462,162
- Accrued charges and deferred income +€104,358
up €104,358 (+156.5%), from €66,699 to €171,057
- Other debts +€72,312
up €72,312 (+536.0%), from €13,492 to €85,804
- Financial charges +€37,381
up €37,381 (+56.0%), from €66,757 to €104,138
- Gross operating margin +€2,151
up €2,151 (+83.1%), from -€2,590 to -€439
- Financial income +€840
new in 2025: €840
- Depreciation +€476
up €476 (+96.2%), from €495 to €971
- Other operating charges +€141
up €141 (+36.4%), from €387 to €528
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,149,705 | €4,221,139 | +€71,434 | +1.7% |
| Formation expenses | 20 | €4,362 | €3,391 | -€971 | -22.3% |
| Fixed assets | 21/28 | €4,145,009 | €4,145,009 | = | 0.0% |
| Financial fixed assets | 28 | €4,145,009 | €4,145,009 | = | 0.0% |
| Current assets | 29/58 | €334 | €72,739 | +€72,405 | +21678.1% |
| Amounts receivable within one year | 40/41 | €29 | €71,841 | +€71,812 | +247627.6% |
| Other amounts receivable | 41 | €29 | €71,841 | +€71,812 | +247627.6% |
| Cash at bank and in hand | 54/58 | €305 | €58 | -€247 | -81.0% |
| Deferred charges and accrued income | 490/1 | - | €840 | +€840 | |
| Total equity and liabilities | 10/49 | €4,149,705 | €4,221,139 | +€71,434 | +1.7% |
| Equity | 10/15 | -€325,926 | -€431,162 | -€105,236 | -32.3% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€356,926 | -€462,162 | -€105,236 | -29.5% |
| Amounts payable | 17/49 | €4,475,631 | €4,652,301 | +€176,670 | +3.9% |
| Amounts payable after more than one year | 17 | €4,392,850 | €4,392,850 | = | 0.0% |
| Other amounts payable | 178/9 | €4,392,850 | €4,392,850 | = | 0.0% |
| Amounts payable within one year | 42/48 | €16,082 | €88,394 | +€72,312 | +449.6% |
| Trade debts | 44 | €2,590 | €2,590 | = | 0.0% |
| Suppliers | 440/4 | €2,590 | €2,590 | = | 0.0% |
| Other amounts payable | 47/48 | €13,492 | €85,804 | +€72,312 | +536.0% |
| Accrued charges and deferred income | 492/3 | €66,699 | €171,057 | +€104,358 | +156.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €495 | €971 | +€476 | +96.2% |
| Other operating charges | 640/8 | €387 | €528 | +€141 | +36.4% |
| Gross operating margin | 9900 | -€2,590 | -€439 | +€2,151 | +83.1% |
| Operating profit (loss) | 9901 | -€3,472 | -€1,938 | +€1,534 | +44.2% |
| Financial income | 75/76B | - | €840 | +€840 | |
| Recurring financial income | 75 | - | €840 | +€840 | |
| Financial charges | 65/66B | €66,757 | €104,138 | +€37,381 | +56.0% |
| Recurring financial charges | 65 | €66,757 | €104,138 | +€37,381 | +56.0% |
| Profit (loss) for the period before taxes | 9903 | -€70,229 | -€105,236 | -€35,007 | -49.8% |
| Profit (loss) for the period | 9904 | -€70,229 | -€105,236 | -€35,007 | -49.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€70,229 | -€105,236 | -€35,007 | -49.8% |
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.