COLUMBUS: 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.
COLUMBUS
Largest movements
- Cash -€269,556
down €269,556 (-78.2%), from €344,865 to €75,308
mainly Contributions, distributions and other (-€369,985) and Investment in fixed assets (net) (-€12,478)
- Tangible fixed assets +€5,260
up €5,260 (+13.9%), from €37,781 to €43,041
of which Furniture and vehicles: +€6,555
- Reserves -€309,000
down €309,000 (-100.0%), from €309,125 to €125
- Other debts +€50,197
up €50,197 (+879.6%), from €5,707 to €55,903
- Tax, wage and social debts -€4,346
down €4,346 (-4.9%), from €88,080 to €83,734
of which Taxes: -€4,346
- Gross operating margin -€88,460
down €88,460 (-49.6%), from €178,408 to €89,949
- Taxes -€20,554
down €20,554 (-50.4%), from €40,759 to €20,205
- Financial charges -€4,008
down €4,008 (-85.1%), from €4,709 to €700
- Depreciation +€3,620
up €3,620 (+100.6%), from €3,598 to €7,218
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 | €412,801 | €148,407 | -€264,395 | -64.0% |
| Fixed assets | 21/28 | €37,781 | €43,041 | +€5,260 | +13.9% |
| Tangible fixed assets | 22/27 | €37,781 | €43,041 | +€5,260 | +13.9% |
| Plant, machinery and equipment | 23 | €573 | €381 | -€192 | -33.5% |
| Furniture and vehicles | 24 | - | €6,555 | +€6,555 | |
| Other tangible fixed assets | 26 | €37,209 | €36,105 | -€1,104 | -3.0% |
| Current assets | 29/58 | €375,020 | €105,366 | -€269,654 | -71.9% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €22,385 | €24,453 | +€2,068 | +9.2% |
| Trade receivables | 40 | €22,385 | €22,385 | = | 0.0% |
| Other amounts receivable | 41 | €0 | €2,068 | +€2,068 | |
| Cash at bank and in hand | 54/58 | €344,865 | €75,308 | -€269,556 | -78.2% |
| Deferred charges and accrued income | 490/1 | €7,770 | €5,604 | -€2,166 | -27.9% |
| Total equity and liabilities | 10/49 | €412,801 | €148,407 | -€264,395 | -64.0% |
| Equity | 10/15 | €314,125 | €5,125 | -€309,000 | -98.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €309,125 | €125 | -€309,000 | -100.0% |
| Distributable reserves | 133 | €309,125 | €125 | -€309,000 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €98,677 | €143,282 | +€44,605 | +45.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €98,677 | €143,282 | +€44,605 | +45.2% |
| Trade debts | 44 | €4,891 | €3,645 | -€1,245 | -25.5% |
| Suppliers | 440/4 | €4,891 | €3,645 | -€1,245 | -25.5% |
| Taxes, remuneration and social security | 45 | €88,080 | €83,734 | -€4,346 | -4.9% |
| Taxes | 450/3 | €88,080 | €83,734 | -€4,346 | -4.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €5,707 | €55,903 | +€50,197 | +879.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,598 | €7,218 | +€3,620 | +100.6% |
| Other operating charges | 640/8 | €449 | €840 | +€390 | +86.9% |
| Gross operating margin | 9900 | €178,408 | €89,949 | -€88,460 | -49.6% |
| Operating profit (loss) | 9901 | €174,361 | €81,890 | -€92,470 | -53.0% |
| Financial income | 75/76B | €13 | €0 | -€13 | -100.0% |
| Recurring financial income | 75 | €13 | €0 | -€13 | -100.0% |
| Financial charges | 65/66B | €4,709 | €700 | -€4,008 | -85.1% |
| Recurring financial charges | 65 | €4,709 | €700 | -€4,008 | -85.1% |
| Profit (loss) for the period before taxes | 9903 | €169,665 | €81,190 | -€88,475 | -52.1% |
| Income taxes | 67/77 | €40,759 | €20,205 | -€20,554 | -50.4% |
| Profit (loss) for the period | 9904 | €128,905 | €60,985 | -€67,920 | -52.7% |
| Profit (loss) for the period to be appropriated | 9905 | €128,905 | €60,985 | -€67,920 | -52.7% |
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.