Coltro: 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.
Coltro
Largest movements
- Current investments +€90,498
up €90,498 (+55.6%), from €162,657 to €253,155
- Receivables within one year +€19,219
up €19,219 (+95.2%), from €20,187 to €39,406
of which Trade receivables: +€19,328
- Deferred charges and accrued income -€8,753
down €8,753 (-60.7%), from €14,420 to €5,667
- Profit (loss) carried forward +€90,549
new in 2025: €90,549
- Other debts +€22,337
up €22,337 (+244.8%), from €9,126 to €31,463
- Tax, wage and social debts -€12,578
down €12,578 (-51.9%), from €24,248 to €11,670
of which Remuneration and social security: -€7,040
- Gross operating margin +€64,589
up €64,589 (+91.3%), from €70,735 to €135,324
- Taxes +€17,414
up €17,414 (+120.7%), from €14,430 to €31,843
- Financial charges +€5,927
up €5,927 (+469.7%), from €1,262 to €7,189
- Depreciation +€3,060
up €3,060 (+144.2%), from €2,122 to €5,182
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 | €243,133 | €342,982 | +€99,849 | +41.1% |
| Fixed assets | 21/28 | €10,674 | €8,966 | -€1,707 | -16.0% |
| Tangible fixed assets | 22/27 | €10,674 | €8,966 | -€1,707 | -16.0% |
| Plant, machinery and equipment | 23 | €239 | €2,099 | +€1,860 | +777.3% |
| Furniture and vehicles | 24 | €7,973 | €4,953 | -€3,020 | -37.9% |
| Other tangible fixed assets | 26 | €2,461 | €1,914 | -€547 | -22.2% |
| Current assets | 29/58 | €232,459 | €334,016 | +€101,557 | +43.7% |
| Amounts receivable within one year | 40/41 | €20,187 | €39,406 | +€19,219 | +95.2% |
| Trade receivables | 40 | €20,078 | €39,406 | +€19,328 | +96.3% |
| Other amounts receivable | 41 | €109 | €0 | -€109 | -100.0% |
| Current investments | 50/53 | €162,657 | €253,155 | +€90,498 | +55.6% |
| Cash at bank and in hand | 54/58 | €35,195 | €35,788 | +€593 | +1.7% |
| Deferred charges and accrued income | 490/1 | €14,420 | €5,667 | -€8,753 | -60.7% |
| Total equity and liabilities | 10/49 | €243,133 | €342,982 | +€99,849 | +41.1% |
| Equity | 10/15 | €204,974 | €295,523 | +€90,549 | +44.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €203,974 | €203,974 | = | 0.0% |
| Distributable reserves | 133 | €203,974 | €203,974 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €90,549 | +€90,549 | |
| Amounts payable | 17/49 | €38,159 | €47,459 | +€9,300 | +24.4% |
| Amounts payable within one year | 42/48 | €37,388 | €47,459 | +€10,071 | +26.9% |
| Financial debts | 43 | - | €1,275 | +€1,275 | |
| Credit institutions | 430/8 | - | €1,275 | +€1,275 | |
| Trade debts | 44 | €4,014 | €3,052 | -€963 | -24.0% |
| Suppliers | 440/4 | €4,014 | €3,052 | -€963 | -24.0% |
| Taxes, remuneration and social security | 45 | €24,248 | €11,670 | -€12,578 | -51.9% |
| Taxes | 450/3 | €17,208 | €11,670 | -€5,538 | -32.2% |
| Remuneration and social security | 454/9 | €7,040 | €0 | -€7,040 | -100.0% |
| Other amounts payable | 47/48 | €9,126 | €31,463 | +€22,337 | +244.8% |
| Accrued charges and deferred income | 492/3 | €771 | €0 | -€771 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,122 | €5,182 | +€3,060 | +144.2% |
| Other operating charges | 640/8 | €811 | €612 | -€199 | -24.5% |
| Gross operating margin | 9900 | €70,735 | €135,324 | +€64,589 | +91.3% |
| Operating profit (loss) | 9901 | €67,802 | €129,530 | +€61,727 | +91.0% |
| Financial income | 75/76B | €769 | €52 | -€718 | -93.3% |
| Recurring financial income | 75 | €769 | €52 | -€718 | -93.3% |
| Financial charges | 65/66B | €1,262 | €7,189 | +€5,927 | +469.7% |
| Recurring financial charges | 65 | €1,262 | €7,189 | +€5,927 | +469.7% |
| Profit (loss) for the period before taxes | 9903 | €67,310 | €122,392 | +€55,083 | +81.8% |
| Income taxes | 67/77 | €14,430 | €31,843 | +€17,414 | +120.7% |
| Profit (loss) for the period | 9904 | €52,880 | €90,549 | +€37,669 | +71.2% |
| Profit (loss) for the period to be appropriated | 9905 | €52,880 | €90,549 | +€37,669 | +71.2% |
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 1 October 2026 via checked.be.