COLORES: 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.
COLORES
Largest movements
- Receivables within one year +€5,773
new in 2026: €5,773
of which Trade receivables: +€5,230
- Tangible fixed assets -€3,903
down €3,903 (-31.4%), from €12,412 to €8,510
of which Other tangible fixed assets: -€3,179
- Reserves +€8,280
up €8,280 (+9.3%), from €89,147 to €97,427
of which Distributable reserves: +€8,280
- Tax, wage and social debts -€7,128
down €7,128 (-82.8%), from €8,612 to €1,484
- Gross operating margin -€18,760
down €18,760 (-40.8%), from €45,942 to €27,182
- Taxes -€6,481
down €6,481 (-46.9%), from €13,817 to €7,336
- Depreciation -€631
down €631 (-13.9%), from €4,533 to €3,903
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,451 | €107,038 | +€1,588 | +1.5% |
| Fixed assets | 21/28 | €12,412 | €8,510 | -€3,903 | -31.4% |
| Tangible fixed assets | 22/27 | €12,412 | €8,510 | -€3,903 | -31.4% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €1,375 | €651 | -€724 | -52.6% |
| Other tangible fixed assets | 26 | €11,038 | €7,859 | -€3,179 | -28.8% |
| Current assets | 29/58 | €93,038 | €98,528 | +€5,490 | +5.9% |
| Amounts receivable within one year | 40/41 | - | €5,773 | +€5,773 | |
| Trade receivables | 40 | - | €5,230 | +€5,230 | |
| Other amounts receivable | 41 | - | €543 | +€543 | |
| Current investments | 50/53 | €211 | €211 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €92,827 | €92,544 | -€283 | -0.3% |
| Total equity and liabilities | 10/49 | €105,451 | €107,038 | +€1,588 | +1.5% |
| Equity | 10/15 | €95,635 | €103,915 | +€8,280 | +8.7% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €89,147 | €97,427 | +€8,280 | +9.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €87,288 | €95,568 | +€8,280 | +9.5% |
| Profit (loss) carried forward | 14 | €291 | €291 | = | 0.0% |
| Amounts payable | 17/49 | €9,816 | €3,123 | -€6,693 | -68.2% |
| Amounts payable within one year | 42/48 | €9,816 | €3,123 | -€6,693 | -68.2% |
| Trade debts | 44 | €712 | €197 | -€515 | -72.4% |
| Suppliers | 440/4 | €712 | €197 | -€515 | -72.4% |
| Taxes, remuneration and social security | 45 | €8,612 | €1,484 | -€7,128 | -82.8% |
| Taxes | 450/3 | €8,612 | €1,484 | -€7,128 | -82.8% |
| Other amounts payable | 47/48 | €491 | €1,442 | +€951 | +193.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,533 | €3,903 | -€631 | -13.9% |
| Other operating charges | 640/8 | €1,399 | €1,259 | -€140 | -10.0% |
| Gross operating margin | 9900 | €45,942 | €27,182 | -€18,760 | -40.8% |
| Operating profit (loss) | 9901 | €40,010 | €22,021 | -€17,989 | -45.0% |
| Financial income | 75/76B | €899 | €679 | -€221 | -24.5% |
| Recurring financial income | 75 | €899 | €679 | -€221 | -24.5% |
| Financial charges | 65/66B | €224 | €181 | -€42 | -18.9% |
| Recurring financial charges | 65 | €224 | €181 | -€42 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €40,685 | €22,518 | -€18,167 | -44.7% |
| Income taxes | 67/77 | €13,817 | €7,336 | -€6,481 | -46.9% |
| Profit (loss) for the period | 9904 | €26,868 | €15,182 | -€11,686 | -43.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,868 | €15,182 | -€11,686 | -43.5% |
Source: filed annual accounts (NBB), fiscal years ended 28 February 2025 and 28 February 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.