COLONVAL OPHTA: 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.
COLONVAL OPHTA
Largest movements
- Receivables within one year -€47,520
down €47,520 (-26.4%), from €179,676 to €132,156
of which Other amounts receivable: -€47,520
- Tangible fixed assets +€39,477
up €39,477 (+2.6%), from €1.5m to €1.6m
of which Land and buildings: +€641,362
- Cash -€38,715
down €38,715 (-47.6%), from €81,390 to €42,675
mainly Investment in fixed assets (net) (-€110,210) and Debts after one year (-€87,550)
- Debts after one year -€87,550
down €87,550 (-9.5%), from €922,841 to €835,291
of which Financial debts: -€55,281
- Reserves +€58,733
up €58,733 (+9.5%), from €619,939 to €678,671
of which Distributable reserves: +€58,733
- Tax, wage and social debts -€21,424
down €21,424 (-37.5%), from €57,074 to €35,650
of which Taxes: -€21,626
- Gross operating margin +€70,133
up €70,133 (+20.8%), from €337,210 to €407,343
- Depreciation +€24,231
up €24,231 (+51.6%), from €46,992 to €71,223
- Financial charges +€18,551
up €18,551 (+81.2%), from €22,843 to €41,394
- Taxes +€13,324
up €13,324 (+19.9%), from €67,095 to €80,418
- Other operating charges +€11,408
up €11,408 (+252%), from €4,523 to €15,931
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 | €1,793,259 | €1,744,059 | -€49,200 | -2.7% |
| Fixed assets | 21/28 | €1,525,644 | €1,564,631 | +€38,987 | +2.6% |
| Intangible fixed assets | 21 | €610 | €121 | -€490 | -80.2% |
| Tangible fixed assets | 22/27 | €1,525,033 | €1,564,510 | +€39,477 | +2.6% |
| Land and buildings | 22 | €830,492 | €1,471,854 | +€641,362 | +77.2% |
| Plant, machinery and equipment | 23 | €22,502 | €19,383 | -€3,120 | -13.9% |
| Furniture and vehicles | 24 | €44,264 | €67,325 | +€23,061 | +52.1% |
| Other tangible fixed assets | 26 | €1,031 | €583 | -€448 | -43.4% |
| Assets under construction and advance payments | 27 | €626,744 | €5,365 | -€621,379 | -99.1% |
| Current assets | 29/58 | €267,615 | €179,428 | -€88,187 | -33.0% |
| Amounts receivable within one year | 40/41 | €179,676 | €132,156 | -€47,520 | -26.4% |
| Trade receivables | 40 | €37,853 | €37,853 | = | 0.0% |
| Other amounts receivable | 41 | €141,823 | €94,303 | -€47,520 | -33.5% |
| Cash at bank and in hand | 54/58 | €81,390 | €42,675 | -€38,715 | -47.6% |
| Deferred charges and accrued income | 490/1 | €6,549 | €4,598 | -€1,952 | -29.8% |
| Total equity and liabilities | 10/49 | €1,793,259 | €1,744,059 | -€49,200 | -2.7% |
| Equity | 10/15 | €632,339 | €691,071 | +€58,733 | +9.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €619,939 | €678,671 | +€58,733 | +9.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €619,939 | €678,671 | +€58,733 | +9.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,160,920 | €1,052,987 | -€107,933 | -9.3% |
| Amounts payable after more than one year | 17 | €922,841 | €835,291 | -€87,550 | -9.5% |
| Financial debts | 170/4 | €661,673 | €606,391 | -€55,281 | -8.4% |
| Other amounts payable | 178/9 | €261,169 | €228,900 | -€32,269 | -12.4% |
| Amounts payable within one year | 42/48 | €238,079 | €217,696 | -€20,382 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €145,676 | €152,209 | +€6,533 | +4.5% |
| Financial debts | 43 | €28,667 | €15,000 | -€13,667 | -47.7% |
| Credit institutions | 430/8 | €28,667 | €15,000 | -€13,667 | -47.7% |
| Trade debts | 44 | €6,662 | €12,629 | +€5,967 | +89.6% |
| Suppliers | 440/4 | €6,662 | €12,629 | +€5,967 | +89.6% |
| Taxes, remuneration and social security | 45 | €57,074 | €35,650 | -€21,424 | -37.5% |
| Taxes | 450/3 | €48,245 | €26,618 | -€21,626 | -44.8% |
| Remuneration and social security | 454/9 | €8,830 | €9,032 | +€202 | +2.3% |
| Other amounts payable | 47/48 | - | €2,208 | +€2,208 | |
| Remuneration, social security and pensions | 62 | €55,860 | €58,889 | +€3,029 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,992 | €71,223 | +€24,231 | +51.6% |
| Other operating charges | 640/8 | €4,523 | €15,931 | +€11,408 | +252% |
| Gross operating margin | 9900 | €337,210 | €407,343 | +€70,133 | +20.8% |
| Operating profit (loss) | 9901 | €229,835 | €261,300 | +€31,465 | +13.7% |
| Financial income | 75/76B | €15 | €242 | +€227 | +1,517% |
| Recurring financial income | 75 | €15 | €242 | +€227 | +1,517% |
| Financial charges | 65/66B | €22,843 | €41,394 | +€18,551 | +81.2% |
| Recurring financial charges | 65 | €22,843 | €41,394 | +€18,551 | +81.2% |
| Profit (loss) for the period before taxes | 9903 | €207,007 | €220,147 | +€13,140 | +6.3% |
| Income taxes | 67/77 | €67,095 | €80,418 | +€13,324 | +19.9% |
| Profit (loss) for the period | 9904 | €139,912 | €139,729 | -€184 | -0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €139,912 | €139,729 | -€184 | -0.1% |
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 27 October 2026 via checked.be.