COLTER: 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.
COLTER
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€470,731
down €470,731 (-28.0%), from -€1.7m to -€2.2m
- Other debts +€416,250
up €416,250 (+67.7%), from €614,935 to €1.0m
- Accrued charges and deferred income +€82,828
up €82,828 (+100.0%), from €82,828 to €165,656
- Gross operating margin +€12,443
up €12,443 (+94.7%), from €13,144 to €25,587
- Financial charges -€2,268
down €2,268 (-0.5%), from €501,526 to €499,258
- Financial income -€1,818
no longer reported in 2025 (was €1,818)
- Staff costs -€1,679
no longer reported in 2025 (was €1,679)
- Other operating charges +€629
up €629 (+162.3%), from €387 to €1,016
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,563,655 | €4,590,576 | +€26,921 | +0.6% |
| Current assets | 29/58 | €4,563,655 | €4,590,576 | +€26,921 | +0.6% |
| Amounts receivable within one year | 40/41 | €4,529,760 | €4,541,917 | +€12,157 | +0.3% |
| Trade receivables | 40 | €25,000 | €36,000 | +€11,000 | +44.0% |
| Other amounts receivable | 41 | €4,504,760 | €4,505,917 | +€1,157 | 0.0% |
| Cash at bank and in hand | 54/58 | €33,894 | €48,659 | +€14,764 | +43.6% |
| Total equity and liabilities | 10/49 | €4,563,655 | €4,590,576 | +€26,921 | +0.6% |
| Equity | 10/15 | -€1,601,052 | -€2,071,783 | -€470,731 | -29.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €17,202 | €17,202 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,115 | €4,115 | = | 0.0% |
| Legal reserve | 130 | €4,115 | €4,115 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,896 | €1,896 | = | 0.0% |
| Distributable reserves | 133 | €11,192 | €11,192 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,680,255 | -€2,150,986 | -€470,731 | -28.0% |
| Provisions and deferred taxes | 16 | €966,944 | €962,988 | -€3,956 | -0.4% |
| Provisions for liabilities and charges | 160/5 | €966,944 | €962,988 | -€3,956 | -0.4% |
| Environmental obligations | 163 | €966,944 | €962,988 | -€3,956 | -0.4% |
| Amounts payable | 17/49 | €5,197,763 | €5,699,371 | +€501,608 | +9.7% |
| Amounts payable after more than one year | 17 | €4,500,000 | €4,500,000 | = | 0.0% |
| Financial debts | 170/4 | €4,500,000 | €4,500,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €614,935 | €1,033,715 | +€418,780 | +68.1% |
| Trade debts | 44 | - | €2,530 | +€2,530 | |
| Suppliers | 440/4 | - | €2,530 | +€2,530 | |
| Other amounts payable | 47/48 | €614,935 | €1,031,185 | +€416,250 | +67.7% |
| Accrued charges and deferred income | 492/3 | €82,828 | €165,656 | +€82,828 | +100.0% |
| Remuneration, social security and pensions | 62 | €1,679 | - | -€1,679 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€3,956 | -€3,956 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €1,016 | +€629 | +162.3% |
| Gross operating margin | 9900 | €13,144 | €25,587 | +€12,443 | +94.7% |
| Operating profit (loss) | 9901 | €15,034 | €28,527 | +€13,493 | +89.7% |
| Financial income | 75/76B | €1,818 | - | -€1,818 | |
| Recurring financial income | 75 | €1,818 | - | -€1,818 | |
| Financial charges | 65/66B | €501,526 | €499,258 | -€2,268 | -0.5% |
| Recurring financial charges | 65 | €501,526 | €499,258 | -€2,268 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | -€484,674 | -€470,731 | +€13,944 | +2.9% |
| Profit (loss) for the period | 9904 | -€484,674 | -€470,731 | +€13,944 | +2.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€484,674 | -€470,731 | +€13,944 | +2.9% |
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 3 October 2026 via checked.be.