Colt Technology Services: 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.
What changed
Colt Technology Services
NACE 61.100, Wired, wireless and satellite telecommunications
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €1.8m-€601,647
Equity
€25.1m
2024 · €24.0m+€1.1m
Cash
€735
2024 · €8,126-€7,391
Balance sheet total
€83.5m
2024 · €72.6m+€10.9m
Largest movements
Assets
- Receivables within one year +€10.4m
up €10.4m (+42.1%), from €24.7m to €35.1m
of which Other amounts receivable: +€6.3m
- Deferred charges and accrued income -€1.0m
down €1.0m (-30.2%), from €3.5m to €2.4m
- Stocks and contracts +€967,738
up €967,738 (+43.6%), from €2.2m to €3.2m
Equity and liabilities
- Trade debts +€13.6m
up €13.6m (+149%), from €9.1m to €22.8m
- Accrued charges and deferred income -€2.6m
down €2.6m (-16.8%), from €15.6m to €13.0m
- Short-term financial debts -€2.4m
down €2.4m (-38.4%), from €6.3m to €3.9m
- Profit (loss) carried forward +€1.1m
up €1.1m (+19.7%), from €5.5m to €6.6m
Income statement
- Financial charges -€2.8m
down €2.8m (-60.5%), from €4.6m to €1.8m
of which Non-recurring financial charges: -€2.7m
- Goods and materials -€1.6m
down €1.6m (-5.3%), from €30.2m to €28.6m
of which Change in stocks: decrease (increase): -€1.5m
- Services and other goods +€933,333
up €933,333 (+1.8%), from €50.6m to €51.5m
- Write-downs +€811,034
up €811,034 (+699%), from €116,003 to €927,037
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
€1.8m
Turnover
-€653,700
Other operating income
+€616,479
Goods and materials
+€1.6m
Services and other goods
-€933,333
Staff costs
+€114,976
Depreciation
+€993
Write-downs
-€811,034
Provisions
-€771
Other operating charges
+€27,000
Other operating items
-€4.1m
Financial income
+€204,922
Financial charges
+€2.8m
Taxes
+€594,789
Result 2025
€1.1m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€10.8m
Investment
-€9.1m
Financing
-€1.8m
Cash 2024
€8,126
From operations (derived)
+€10.8m
Net result for the year
+€1.1m
Depreciation
+€8.5m
Stocks and contracts
-€967,738
Receivables within one year
-€10.4m
Deferred charges and accrued income
+€1.0m
Provisions
-€78,717
Trade debts
+€13.6m
Tax, wage and social debts
+€578,380
Accrued charges and deferred income
-€2.6m
Investment (derived)
-€9.1m
Investment in fixed assets (net)
-€9.1m
Financing
-€1.8m
Debts after one year
+€646,353
Short-term financial debts
-€2.4m
Cash 2025
€735
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €72,594,566 | €83,468,559 | +€10.9m | +15.0% |
| Fixed assets | 21/28 | €42,175,932 | €42,723,731 | +€547,799 | +1.3% |
| Tangible fixed assets | 22/27 | €42,175,932 | €42,723,731 | +€547,799 | +1.3% |
| Plant, machinery and equipment | 23 | €34,338,166 | €39,619,860 | +€5.3m | +15.4% |
| Furniture and vehicles | 24 | €166,089 | €166,336 | +€247 | +0.1% |
| Other tangible fixed assets | 26 | €369,124 | €350,418 | -€18,706 | -5.1% |
| Assets under construction and advance payments | 27 | €7,302,553 | €2,587,118 | -€4.7m | -64.6% |
| Current assets | 29/58 | €30,418,634 | €40,744,828 | +€10.3m | +33.9% |
| Stocks and contracts in progress | 3 | €2,217,731 | €3,185,470 | +€967,738 | +43.6% |
| Stocks | 30/36 | €2,217,731 | €3,185,470 | +€967,738 | +43.6% |
| Goods purchased for resale | 34 | €2,217,731 | €3,185,470 | +€967,738 | +43.6% |
| Amounts receivable within one year | 40/41 | €24,740,120 | €35,147,787 | +€10.4m | +42.1% |
| Trade receivables | 40 | €9,254,630 | €13,381,819 | +€4.1m | +44.6% |
| Other amounts receivable | 41 | €15,485,490 | €21,765,968 | +€6.3m | +40.6% |
| Cash at bank and in hand | 54/58 | €8,126 | €735 | -€7,391 | -91.0% |
| Deferred charges and accrued income | 490/1 | €3,452,655 | €2,410,837 | -€1.0m | -30.2% |
| Total equity and liabilities | 10/49 | €72,594,566 | €83,468,559 | +€10.9m | +15.0% |
| Equity | 10/15 | €23,957,218 | €25,105,572 | +€1.1m | +4.8% |
| Contributions | 10/11 | €18,063,118 | €18,063,118 | = | 0.0% |
| Capital | 10 | €18,063,118 | €18,063,118 | = | 0.0% |
| Issued capital | 100 | €18,063,118 | €18,063,118 | = | 0.0% |
| Reserves | 13 | €345,847 | €403,264 | +€57,418 | +16.6% |
| Non-distributable reserves | 130/1 | €345,847 | €403,264 | +€57,418 | +16.6% |
| Legal reserve | 130 | €345,847 | €403,264 | +€57,418 | +16.6% |
| Profit (loss) carried forward | 14 | €5,548,254 | €6,639,190 | +€1.1m | +19.7% |
| Provisions and deferred taxes | 16 | €1,045,110 | €966,393 | -€78,717 | -7.5% |
| Provisions for liabilities and charges | 160/5 | €1,045,110 | €966,393 | -€78,717 | -7.5% |
| Other liabilities and charges | 164/5 | €1,045,110 | €966,393 | -€78,717 | -7.5% |
| Amounts payable | 17/49 | €47,592,238 | €57,396,595 | +€9.8m | +20.6% |
| Amounts payable after more than one year | 17 | €12,449,431 | €13,095,784 | +€646,353 | +5.2% |
| Other amounts payable | 178/9 | €12,449,431 | €13,095,784 | +€646,353 | +5.2% |
| Amounts payable within one year | 42/48 | €19,536,148 | €31,320,527 | +€11.8m | +60.3% |
| Financial debts | 43 | €6,292,406 | €3,873,917 | -€2.4m | -38.4% |
| Other loans | 439 | €6,292,406 | €3,873,917 | -€2.4m | -38.4% |
| Trade debts | 44 | €9,135,567 | €22,760,055 | +€13.6m | +149% |
| Suppliers | 440/4 | €9,135,567 | €22,760,055 | +€13.6m | +149% |
| Taxes, remuneration and social security | 45 | €4,108,175 | €4,686,555 | +€578,380 | +14.1% |
| Taxes | 450/3 | €1,050,040 | €1,216,002 | +€165,962 | +15.8% |
| Remuneration and social security | 454/9 | €3,058,136 | €3,470,553 | +€412,417 | +13.5% |
| Accrued charges and deferred income | 492/3 | €15,606,660 | €12,980,284 | -€2.6m | -16.8% |
| Operating income | 70/76A | €108,086,187 | €103,697,716 | -€4.4m | -4.1% |
| Turnover | 70 | €74,003,362 | €73,349,662 | -€653,700 | -0.9% |
| Own construction capitalised | 72 | €2,330,193 | €1,872,774 | -€457,419 | -19.6% |
| Other operating income | 74 | €27,152,633 | €27,769,112 | +€616,479 | +2.3% |
| Non-recurring operating income | 76A | €4,600,000 | €706,169 | -€3.9m | -84.6% |
| Operating charges | 60/66A | €101,817,342 | €101,621,364 | -€195,978 | -0.2% |
| Goods for resale, raw materials and consumables | 60 | €30,187,491 | €28,595,395 | -€1.6m | -5.3% |
| Purchases | 600/8 | €29,650,013 | €29,563,134 | -€86,879 | -0.3% |
| Change in stocks: decrease (increase) | 609 | €537,478 | -€967,738 | -€1.5m | |
| Services and other goods | 61 | €50,607,731 | €51,541,064 | +€933,333 | +1.8% |
| Remuneration, social security and pensions | 62 | €12,074,128 | €11,959,152 | -€114,976 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,524,223 | €8,523,231 | -€993 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €116,003 | €927,037 | +€811,034 | +699% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €9,543 | €10,313 | +€771 | +8.1% |
| Other operating charges | 640/8 | €92,171 | €65,171 | -€27,000 | -29.3% |
| Non-recurring operating charges | 66A | €206,052 | €0 | -€206,052 | -100% |
| Operating profit (loss) | 9901 | €6,268,846 | €2,076,352 | -€4.2m | -66.9% |
| Financial income | 75/76B | €471,201 | €676,124 | +€204,922 | +43.5% |
| Recurring financial income | 75 | €31,681 | €676,124 | +€644,443 | +2,034% |
| Income from current assets | 751 | €31,681 | €676,124 | +€644,443 | +2,034% |
| Non-recurring financial income | 76B | €439,521 | €0 | -€439,521 | -100% |
| Financial charges | 65/66B | €4,615,136 | €1,824,001 | -€2.8m | -60.5% |
| Recurring financial charges | 65 | €1,067,173 | €963,577 | -€103,596 | -9.7% |
| Debt charges | 650 | €887,221 | €943,588 | +€56,367 | +6.4% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €159,829 | €0 | -€159,829 | -100% |
| Other financial charges | 652/9 | €20,123 | €19,989 | -€134 | -0.7% |
| Non-recurring financial charges | 66B | €3,547,963 | €860,423 | -€2.7m | -75.7% |
| Profit (loss) for the period before taxes | 9903 | €2,124,911 | €928,475 | -€1.2m | -56.3% |
| Income taxes | 67/77 | €374,911 | -€219,878 | -€594,789 | |
| Taxes | 670/3 | €374,911 | €10,000 | -€364,911 | -97.3% |
| Tax adjustments and reversals of tax provisions | 77 | - | €229,878 | +€229,878 | |
| Profit (loss) for the period | 9904 | €1,750,000 | €1,148,354 | -€601,647 | -34.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,750,000 | €1,148,354 | -€601,647 | -34.4% |
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 21 October 2026 via checked.be.