COLPAN EXPRESS: 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.
COLPAN EXPRESS
Largest movements
- Receivables within one year +€111,049
up €111,049 (+35.4%), from €313,943 to €424,992
of which Other amounts receivable: +€81,187
- Cash +€87,614
up €87,614 (+255%), from €34,356 to €121,970
mainly Net result for the year (+€132,301) and Depreciation (+€75,503)
- Tangible fixed assets +€42,138
up €42,138 (+17.4%), from €242,072 to €284,210
of which Furniture and vehicles: +€24,511
- Profit (loss) carried forward +€132,301
up €132,301 (+46.1%), from €286,935 to €419,237
- Debts after one year +€51,048
up €51,048, from €0 to €51,048
- Other debts +€50,000
up €50,000 (+373%), from €13,423 to €63,423
- Current portion of long-term debt -€44,278
down €44,278 (-89.6%), from €49,435 to €5,156
- Trade debts +€30,064
up €30,064 (+11.8%), from €254,274 to €284,338
- Gross operating margin +€59,771
up €59,771 (+12.2%), from €491,072 to €550,843
- Financial charges +€18,204
up €18,204 (+1,308%), from €1,391 to €19,596
- Staff costs +€6,062
up €6,062 (+2.2%), from €273,445 to €279,507
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 | €658,009 | €901,576 | +€243,567 | +37.0% |
| Fixed assets | 21/28 | €242,072 | €284,210 | +€42,138 | +17.4% |
| Tangible fixed assets | 22/27 | €242,072 | €284,210 | +€42,138 | +17.4% |
| Plant, machinery and equipment | 23 | €26,533 | €42,349 | +€15,815 | +59.6% |
| Furniture and vehicles | 24 | €8,447 | €32,958 | +€24,511 | +290% |
| Leasing and similar rights | 25 | €4,781 | €0 | -€4,781 | -100% |
| Other tangible fixed assets | 26 | €202,311 | €208,903 | +€6,592 | +3.3% |
| Current assets | 29/58 | €415,937 | €617,365 | +€201,429 | +48.4% |
| Stocks and contracts in progress | 3 | €65,848 | €67,620 | +€1,773 | +2.7% |
| Stocks | 30/36 | €65,848 | €67,620 | +€1,773 | +2.7% |
| Amounts receivable within one year | 40/41 | €313,943 | €424,992 | +€111,049 | +35.4% |
| Trade receivables | 40 | €1,669 | €31,531 | +€29,862 | +1,789% |
| Other amounts receivable | 41 | €312,273 | €393,461 | +€81,187 | +26.0% |
| Cash at bank and in hand | 54/58 | €34,356 | €121,970 | +€87,614 | +255% |
| Deferred charges and accrued income | 490/1 | €1,791 | €2,783 | +€992 | +55.4% |
| Total equity and liabilities | 10/49 | €658,009 | €901,576 | +€243,567 | +37.0% |
| Equity | 10/15 | €311,935 | €444,237 | +€132,301 | +42.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €286,935 | €419,237 | +€132,301 | +46.1% |
| Amounts payable | 17/49 | €346,074 | €457,339 | +€111,265 | +32.2% |
| Amounts payable after more than one year | 17 | €0 | €51,048 | +€51,048 | |
| Financial debts | 170/4 | €0 | €51,048 | +€51,048 | |
| Amounts payable within one year | 42/48 | €346,074 | €406,291 | +€60,218 | +17.4% |
| Current portion of amounts payable after more than one year | 42 | €49,435 | €5,156 | -€44,278 | -89.6% |
| Trade debts | 44 | €254,274 | €284,338 | +€30,064 | +11.8% |
| Suppliers | 440/4 | €254,274 | €284,338 | +€30,064 | +11.8% |
| Taxes, remuneration and social security | 45 | €28,942 | €53,374 | +€24,432 | +84.4% |
| Taxes | 450/3 | €0 | €12,104 | +€12,104 | |
| Remuneration and social security | 454/9 | €28,942 | €41,270 | +€12,327 | +42.6% |
| Other amounts payable | 47/48 | €13,423 | €63,423 | +€50,000 | +373% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €273,445 | €279,507 | +€6,062 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,848 | €75,503 | +€655 | +0.9% |
| Other operating charges | 640/8 | €3,231 | €2,606 | -€625 | -19.4% |
| Gross operating margin | 9900 | €491,072 | €550,843 | +€59,771 | +12.2% |
| Operating profit (loss) | 9901 | €139,547 | €193,227 | +€53,680 | +38.5% |
| Financial income | 75/76B | €1 | €4 | +€3 | +191% |
| Recurring financial income | 75 | €1 | €4 | +€3 | +191% |
| Financial charges | 65/66B | €1,391 | €19,596 | +€18,204 | +1,308% |
| Recurring financial charges | 65 | €1,391 | €19,596 | +€18,204 | +1,308% |
| Profit (loss) for the period before taxes | 9903 | €138,157 | €173,635 | +€35,479 | +25.7% |
| Income taxes | 67/77 | €38,000 | €41,334 | +€3,334 | +8.8% |
| Profit (loss) for the period | 9904 | €100,157 | €132,301 | +€32,145 | +32.1% |
| Profit (loss) for the period to be appropriated | 9905 | €100,157 | €132,301 | +€32,145 | +32.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.