COLTO CONSTRUCT: 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.
COLTO CONSTRUCT
Largest movements
- Receivables within one year -€237,957
down €237,957 (-55.7%), from €426,947 to €188,990
of which Trade receivables: -€231,855
- Deferred charges and accrued income +€15,245
up €15,245 (+4211.3%), from €362 to €15,607
- Cash +€9,676
up €9,676 (+34.1%), from €28,359 to €38,035
mainly Receivables within one year (+€237,957) and Tax, wage and social debts (+€33,113)
- Tangible fixed assets -€6,065
down €6,065 (-15.9%), from €38,138 to €32,073
of which Furniture and vehicles: -€3,177
- Trade debts -€261,372
down €261,372 (-83.9%), from €311,520 to €50,148
- Tax, wage and social debts +€33,113
up €33,113 (+3171.7%), from €1,044 to €34,157
of which Remuneration and social security: +€30,164
- Profit (loss) carried forward +€23,218
up €23,218 (+28.0%), from €82,859 to €106,077
- Other debts -€8,863
no longer reported in 2024 (was €8,863)
- Debts after one year -€5,197
down €5,197 (-50.0%), from €10,394 to €5,197
- Gross operating margin +€36,345
up €36,345 (+276.8%), from €13,132 to €49,477
- Taxes +€8,410
up €8,410 (+105.9%), from €7,944 to €16,354
- Financial income -€5,715
down €5,715 (-90.1%), from €6,343 to €628
- Depreciation +€2,864
up €2,864 (+52.6%), from €5,447 to €8,311
- Financial charges -€2,038
down €2,038 (-70.3%), from €2,897 to €859
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €495,806 | €276,705 | -€219,101 | -44.2% |
| Fixed assets | 21/28 | €40,138 | €34,073 | -€6,065 | -15.1% |
| Tangible fixed assets | 22/27 | €38,138 | €32,073 | -€6,065 | -15.9% |
| Land and buildings | 22 | €27,631 | €26,645 | -€986 | -3.6% |
| Plant, machinery and equipment | 23 | €2,283 | €381 | -€1,902 | -83.3% |
| Furniture and vehicles | 24 | €8,224 | €5,047 | -€3,177 | -38.6% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €455,668 | €242,632 | -€213,036 | -46.8% |
| Amounts receivable within one year | 40/41 | €426,947 | €188,990 | -€237,957 | -55.7% |
| Trade receivables | 40 | €417,648 | €185,793 | -€231,855 | -55.5% |
| Other amounts receivable | 41 | €9,299 | €3,197 | -€6,102 | -65.6% |
| Cash at bank and in hand | 54/58 | €28,359 | €38,035 | +€9,676 | +34.1% |
| Deferred charges and accrued income | 490/1 | €362 | €15,607 | +€15,245 | +4211.3% |
| Total equity and liabilities | 10/49 | €495,806 | €276,705 | -€219,101 | -44.2% |
| Equity | 10/15 | €83,959 | €107,177 | +€23,218 | +27.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Legal reserve | 130 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,859 | €106,077 | +€23,218 | +28.0% |
| Amounts payable | 17/49 | €411,847 | €169,528 | -€242,319 | -58.8% |
| Amounts payable after more than one year | 17 | €10,394 | €5,197 | -€5,197 | -50.0% |
| Financial debts | 170/4 | €10,394 | €5,197 | -€5,197 | -50.0% |
| Amounts payable within one year | 42/48 | €401,453 | €164,331 | -€237,122 | -59.1% |
| Current portion of amounts payable after more than one year | 42 | €5,197 | €5,197 | = | 0.0% |
| Trade debts | 44 | €311,520 | €50,148 | -€261,372 | -83.9% |
| Suppliers | 440/4 | €311,520 | €50,148 | -€261,372 | -83.9% |
| Advances received on contracts in progress | 46 | €74,829 | €74,829 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,044 | €34,157 | +€33,113 | +3171.7% |
| Taxes | 450/3 | €1,044 | €3,993 | +€2,949 | +282.5% |
| Remuneration and social security | 454/9 | - | €30,164 | +€30,164 | |
| Other amounts payable | 47/48 | €8,863 | - | -€8,863 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,447 | €8,311 | +€2,864 | +52.6% |
| Other operating charges | 640/8 | €2,106 | €1,363 | -€743 | -35.3% |
| Gross operating margin | 9900 | €13,132 | €49,477 | +€36,345 | +276.8% |
| Operating profit (loss) | 9901 | €5,579 | €39,803 | +€34,224 | +613.4% |
| Financial income | 75/76B | €6,343 | €628 | -€5,715 | -90.1% |
| Recurring financial income | 75 | €6,343 | €628 | -€5,715 | -90.1% |
| Financial charges | 65/66B | €2,897 | €859 | -€2,038 | -70.3% |
| Recurring financial charges | 65 | €2,897 | €859 | -€2,038 | -70.3% |
| Profit (loss) for the period before taxes | 9903 | €9,025 | €39,572 | +€30,547 | +338.5% |
| Income taxes | 67/77 | €7,944 | €16,354 | +€8,410 | +105.9% |
| Profit (loss) for the period | 9904 | €1,081 | €23,218 | +€22,137 | +2047.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,081 | €23,218 | +€22,137 | +2047.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.