COLTIM: 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.
COLTIM
Largest movements
- Receivables within one year +€5,456
up €5,456 (+104.0%), from €5,247 to €10,703
of which Other amounts receivable: +€5,197
- Cash +€4,543
up €4,543 (+73.1%), from €6,214 to €10,757
mainly Net result for the year (+€11,609) and Tax, wage and social debts (+€6,670)
- Stocks and contracts -€3,725
down €3,725 (-31.3%), from €11,895 to €8,170
- Tangible fixed assets -€3,255
down €3,255 (-33.0%), from €9,855 to €6,600
of which Furniture and vehicles: -€1,801
- Intangible fixed assets -€583
no longer reported in 2025 (was €583)
- Trade debts -€11,877
down €11,877 (-26.4%), from €44,982 to €33,105
- Profit (loss) carried forward +€11,609
up €11,609 (+28.4%), from -€40,903 to -€29,294
- Tax, wage and social debts +€6,670
up €6,670 (+99.8%), from €6,682 to €13,352
of which Remuneration and social security: +€6,239
- Debts after one year -€4,203
down €4,203 (-46.5%), from €9,040 to €4,837
- Turnover +€20,838
up €20,838 (+4.8%), from €437,123 to €457,961
- Gross operating margin +€13,740
up €13,740 (+13.3%), from €103,018 to €116,758
- Staff costs +€12,321
up €12,321 (+14.6%), from €84,342 to €96,663
- Purchases and services +€7,098
up €7,098 (+2.1%), from €334,105 to €341,203
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 | €34,014 | €36,450 | +€2,436 | +7.2% |
| Fixed assets | 21/28 | €10,658 | €6,820 | -€3,838 | -36.0% |
| Intangible fixed assets | 21 | €583 | - | -€583 | |
| Tangible fixed assets | 22/27 | €9,855 | €6,600 | -€3,255 | -33.0% |
| Land and buildings | 22 | €42 | - | -€42 | |
| Plant, machinery and equipment | 23 | €4,888 | €3,476 | -€1,412 | -28.9% |
| Furniture and vehicles | 24 | €4,925 | €3,124 | -€1,801 | -36.6% |
| Financial fixed assets | 28 | €220 | €220 | = | 0.0% |
| Current assets | 29/58 | €23,356 | €29,630 | +€6,274 | +26.9% |
| Stocks and contracts in progress | 3 | €11,895 | €8,170 | -€3,725 | -31.3% |
| Stocks | 30/36 | €11,895 | €8,170 | -€3,725 | -31.3% |
| Amounts receivable within one year | 40/41 | €5,247 | €10,703 | +€5,456 | +104.0% |
| Trade receivables | 40 | - | €259 | +€259 | |
| Other amounts receivable | 41 | €5,247 | €10,444 | +€5,197 | +99.0% |
| Cash at bank and in hand | 54/58 | €6,214 | €10,757 | +€4,543 | +73.1% |
| Total equity and liabilities | 10/49 | €34,014 | €36,450 | +€2,436 | +7.2% |
| Equity | 10/15 | -€30,657 | -€19,048 | +€11,609 | +37.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €4,046 | €4,046 | = | 0.0% |
| Distributable reserves | 133 | €4,046 | €4,046 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,903 | -€29,294 | +€11,609 | +28.4% |
| Amounts payable | 17/49 | €64,671 | €55,498 | -€9,173 | -14.2% |
| Amounts payable after more than one year | 17 | €9,040 | €4,837 | -€4,203 | -46.5% |
| Financial debts | 170/4 | €9,040 | €4,837 | -€4,203 | -46.5% |
| Amounts payable within one year | 42/48 | €55,631 | €50,661 | -€4,970 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €3,967 | €4,204 | +€237 | +6.0% |
| Trade debts | 44 | €44,982 | €33,105 | -€11,877 | -26.4% |
| Suppliers | 440/4 | €44,982 | €33,105 | -€11,877 | -26.4% |
| Taxes, remuneration and social security | 45 | €6,682 | €13,352 | +€6,670 | +99.8% |
| Taxes | 450/3 | €3,229 | €3,660 | +€431 | +13.3% |
| Remuneration and social security | 454/9 | €3,453 | €9,692 | +€6,239 | +180.7% |
| Turnover | 70 | €437,123 | €457,961 | +€20,838 | +4.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €334,105 | €341,203 | +€7,098 | +2.1% |
| Remuneration, social security and pensions | 62 | €84,342 | €96,663 | +€12,321 | +14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,938 | €3,838 | -€100 | -2.5% |
| Other operating charges | 640/8 | €2,000 | €304 | -€1,696 | -84.8% |
| Gross operating margin | 9900 | €103,018 | €116,758 | +€13,740 | +13.3% |
| Operating profit (loss) | 9901 | €12,738 | €15,953 | +€3,215 | +25.2% |
| Financial income | 75/76B | €17 | €20 | +€3 | +17.6% |
| Recurring financial income | 75 | €17 | €20 | +€3 | +17.6% |
| Financial charges | 65/66B | €3,070 | €4,108 | +€1,038 | +33.8% |
| Recurring financial charges | 65 | €3,070 | €4,108 | +€1,038 | +33.8% |
| Profit (loss) for the period before taxes | 9903 | €9,685 | €11,865 | +€2,180 | +22.5% |
| Income taxes | 67/77 | €257 | €256 | -€1 | -0.4% |
| Profit (loss) for the period | 9904 | €9,428 | €11,609 | +€2,181 | +23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,428 | €11,609 | +€2,181 | +23.1% |
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 6 October 2026 via checked.be.