COLSON: 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.
What changed
COLSON
NACE 23.700, Cutting, shaping and finishing of stone
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€59,954
2024 · €36,265+€23,689
Equity
€404,574
2024 · €422,143-€17,569
Cash
€65,016
2024 · €60,824+€4,193
Balance sheet total
€837,785
2024 · €871,358-€33,573
Largest movements
Assets
- Tangible fixed assets -€37,111
down €37,111 (-7.5%), from €497,410 to €460,299
of which Furniture and vehicles: -€51,263
- Current investments -€27,196
down €27,196 (-16.6%), from €164,296 to €137,100
- Receivables within one year +€25,476
up €25,476 (+31.1%), from €82,008 to €107,484
of which Trade receivables: +€18,019
Equity and liabilities
- Profit (loss) carried forward -€63,858
down €63,858 (-20.9%), from €306,265 to €242,407
- Debts after one year -€54,311
down €54,311 (-20.6%), from €263,800 to €209,489
- Reserves +€49,552
up €49,552 (+197.4%), from €25,099 to €74,652
of which Distributable reserves: +€56,000
- Trade debts +€37,047
up €37,047 (+953.2%), from €3,887 to €40,934
- Advances received -€16,602
down €16,602 (-65.4%), from €25,375 to €8,773
Income statement
- Turnover +€34,531
up €34,531 (+3.6%), from €970,186 to €1.0m
- Staff costs -€27,448
down €27,448 (-22.4%), from €122,585 to €95,137
- Purchases and services +€17,955
up €17,955 (+2.6%), from €697,399 to €715,354
- Write-downs +€15,704
new in 2025: €15,704
- Gross operating margin +€12,816
up €12,816 (+4.4%), from €293,448 to €306,264
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.
Result 2024
€36,265
Gross operating margin
+€12,816
Staff costs
+€27,448
Depreciation
-€1,277
Write-downs
-€15,704
Other operating charges
+€1,371
Financial income
+€10,032
Financial charges
+€1,264
Taxes
-€12,421
Deferred taxes and other
+€160
Result 2025
€59,954
Cash bridge derived
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.
From operations
+€177,752
Investment
-€51,624
Financing
-€121,935
Cash 2024
€60,824
From operations (derived)
+€177,752
Net result for the year
+€59,954
Depreciation
+€115,931
Stocks and contracts
-€1,300
Receivables within one year
-€25,476
Deferred charges and accrued income
+€235
Provisions
-€1,612
Trade debts
+€37,047
Tax, wage and social debts
+€15,998
Advances received
-€16,602
Other debts
-€6,422
Investment (derived)
-€51,624
Investment in fixed assets (net)
-€78,820
Current investments
+€27,196
Financing
-€121,935
Debts after one year
-€54,311
Current portion of long-term debt
+€9,898
Contributions, distributions and other
-€77,523
Cash 2025
€65,016
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €871,358 | €837,785 | -€33,573 | -3.9% |
| Fixed assets | 21/28 | €497,545 | €460,434 | -€37,111 | -7.5% |
| Tangible fixed assets | 22/27 | €497,410 | €460,299 | -€37,111 | -7.5% |
| Land and buildings | 22 | €186,039 | €242,577 | +€56,538 | +30.4% |
| Plant, machinery and equipment | 23 | €183,677 | €141,291 | -€42,387 | -23.1% |
| Furniture and vehicles | 24 | €127,694 | €76,432 | -€51,263 | -40.1% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €373,812 | €377,350 | +€3,538 | +0.9% |
| Stocks and contracts in progress | 3 | €58,950 | €60,250 | +€1,300 | +2.2% |
| Stocks | 30/36 | €58,950 | €60,250 | +€1,300 | +2.2% |
| Amounts receivable within one year | 40/41 | €82,008 | €107,484 | +€25,476 | +31.1% |
| Trade receivables | 40 | €82,008 | €100,027 | +€18,019 | +22.0% |
| Other amounts receivable | 41 | - | €7,457 | +€7,457 | |
| Current investments | 50/53 | €164,296 | €137,100 | -€27,196 | -16.6% |
| Cash at bank and in hand | 54/58 | €60,824 | €65,016 | +€4,193 | +6.9% |
| Deferred charges and accrued income | 490/1 | €7,734 | €7,499 | -€235 | -3.0% |
| Total equity and liabilities | 10/49 | €871,358 | €837,785 | -€33,573 | -3.9% |
| Equity | 10/15 | €422,143 | €404,574 | -€17,569 | -4.2% |
| Contributions | 10/11 | €71,145 | €71,145 | = | 0.0% |
| Capital | 10 | €71,145 | €71,145 | = | 0.0% |
| Issued capital | 100 | €71,145 | €71,145 | = | 0.0% |
| Reserves | 13 | €25,099 | €74,652 | +€49,552 | +197.4% |
| Non-distributable reserves | 130/1 | €7,115 | €7,115 | = | 0.0% |
| Legal reserve | 130 | €7,115 | €7,115 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,985 | €11,537 | -€6,448 | -35.9% |
| Distributable reserves | 133 | - | €56,000 | +€56,000 | |
| Profit (loss) carried forward | 14 | €306,265 | €242,407 | -€63,858 | -20.9% |
| Investment grants | 15 | €19,634 | €16,370 | -€3,264 | -16.6% |
| Provisions and deferred taxes | 16 | €3,650 | €2,038 | -€1,612 | -44.2% |
| Deferred taxes | 168 | €3,650 | €2,038 | -€1,612 | -44.2% |
| Amounts payable | 17/49 | €445,564 | €431,172 | -€14,392 | -3.2% |
| Amounts payable after more than one year | 17 | €263,800 | €209,489 | -€54,311 | -20.6% |
| Financial debts | 170/4 | €263,800 | €209,489 | -€54,311 | -20.6% |
| Amounts payable within one year | 42/48 | €181,764 | €221,683 | +€39,919 | +22.0% |
| Current portion of amounts payable after more than one year | 42 | €106,037 | €115,935 | +€9,898 | +9.3% |
| Trade debts | 44 | €3,887 | €40,934 | +€37,047 | +953.2% |
| Suppliers | 440/4 | €3,887 | €40,934 | +€37,047 | +953.2% |
| Advances received on contracts in progress | 46 | €25,375 | €8,773 | -€16,602 | -65.4% |
| Taxes, remuneration and social security | 45 | €21,957 | €37,955 | +€15,998 | +72.9% |
| Taxes | 450/3 | €10,931 | €31,040 | +€20,109 | +184.0% |
| Remuneration and social security | 454/9 | €11,026 | €6,915 | -€4,111 | -37.3% |
| Other amounts payable | 47/48 | €24,508 | €18,085 | -€6,422 | -26.2% |
| Turnover | 70 | €970,186 | €1,004,717 | +€34,531 | +3.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €697,399 | €715,354 | +€17,955 | +2.6% |
| Remuneration, social security and pensions | 62 | €122,585 | €95,137 | -€27,448 | -22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €114,654 | €115,931 | +€1,277 | +1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €15,704 | +€15,704 | |
| Other operating charges | 640/8 | €11,323 | €9,952 | -€1,371 | -12.1% |
| Gross operating margin | 9900 | €293,448 | €306,264 | +€12,816 | +4.4% |
| Operating profit (loss) | 9901 | €44,887 | €69,541 | +€24,654 | +54.9% |
| Financial income | 75/76B | €8,208 | €18,240 | +€10,032 | +122.2% |
| Recurring financial income | 75 | €8,208 | €18,240 | +€10,032 | +122.2% |
| Financial charges | 65/66B | €8,078 | €6,814 | -€1,264 | -15.7% |
| Recurring financial charges | 65 | €8,078 | €6,814 | -€1,264 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €45,016 | €80,967 | +€35,950 | +79.9% |
| Transfer from deferred taxes | 780 | €1,452 | €1,612 | +€160 | +11.0% |
| Income taxes | 67/77 | €10,204 | €22,625 | +€12,421 | +121.7% |
| Profit (loss) for the period | 9904 | €36,265 | €59,954 | +€23,689 | +65.3% |
| Transfer from tax-exempt reserves | 789 | €5,810 | €6,448 | +€638 | +11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,074 | €66,401 | +€24,327 | +57.8% |
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 30 September 2026 via checked.be.