COLVERS: 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.
COLVERS
Largest movements
- Tangible fixed assets -€16,504
down €16,504 (-4.0%), from €411,197 to €394,693
of which Land and buildings: -€15,150
- Receivables within one year +€7,000
up €7,000 (+56.0%), from €12,500 to €19,500
- Debts after one year -€27,660
down €27,660 (-23.8%), from €116,253 to €88,593
of which Financial debts: -€27,660
- Short-term financial debts +€26,709
up €26,709 (+1866.2%), from €1,431 to €28,141
- Current portion of long-term debt -€9,214
down €9,214 (-22.6%), from €40,822 to €31,609
- Other debts +€5,050
up €5,050 (+1.8%), from €278,200 to €283,250
- Gross operating margin -€18,985
down €18,985 (-39.0%), from €48,739 to €29,754
- Financial charges +€2,429
up €2,429 (+36.9%), from €6,575 to €9,004
- Other operating charges -€2,227
down €2,227 (-45.4%), from €4,905 to €2,678
- Taxes +€2,091
new in 2025: €2,091
- Depreciation +€523
up €523 (+3.3%), from €15,981 to €16,504
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 | €424,975 | €417,763 | -€7,212 | -1.7% |
| Fixed assets | 21/28 | €412,447 | €395,943 | -€16,504 | -4.0% |
| Tangible fixed assets | 22/27 | €411,197 | €394,693 | -€16,504 | -4.0% |
| Land and buildings | 22 | €407,135 | €391,985 | -€15,150 | -3.7% |
| Plant, machinery and equipment | 23 | €4,063 | €2,708 | -€1,354 | -33.3% |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €12,528 | €21,820 | +€9,292 | +74.2% |
| Amounts receivable within one year | 40/41 | €12,500 | €19,500 | +€7,000 | +56.0% |
| Other amounts receivable | 41 | €12,500 | €19,500 | +€7,000 | +56.0% |
| Cash at bank and in hand | 54/58 | €28 | €2,320 | +€2,292 | +8272.2% |
| Total equity and liabilities | 10/49 | €424,975 | €417,763 | -€7,212 | -1.7% |
| Equity | 10/15 | -€13,720 | -€13,926 | -€206 | -1.5% |
| Contributions | 10/11 | €25,000 | €25,231 | +€231 | +0.9% |
| Capital | 10 | - | €231 | +€231 | |
| Issued capital | 100 | - | €231 | +€231 | |
| Outside capital | 11 | €25,000 | €25,000 | = | 0.0% |
| Other | 1109/19 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,220 | -€41,658 | -€438 | -1.1% |
| Amounts payable | 17/49 | €438,695 | €431,690 | -€7,005 | -1.6% |
| Amounts payable after more than one year | 17 | €116,253 | €88,593 | -€27,660 | -23.8% |
| Financial debts | 170/4 | €109,972 | €82,312 | -€27,660 | -25.2% |
| Other amounts payable | 178/9 | €6,281 | €6,281 | = | 0.0% |
| Amounts payable within one year | 42/48 | €322,442 | €343,097 | +€20,654 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €40,822 | €31,609 | -€9,214 | -22.6% |
| Financial debts | 43 | €1,431 | €28,141 | +€26,709 | +1866.2% |
| Credit institutions | 430/8 | €1,431 | €28,141 | +€26,709 | +1866.2% |
| Trade debts | 44 | €1,988 | €97 | -€1,891 | -95.1% |
| Suppliers | 440/4 | €1,988 | €97 | -€1,891 | -95.1% |
| Other amounts payable | 47/48 | €278,200 | €283,250 | +€5,050 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,981 | €16,504 | +€523 | +3.3% |
| Other operating charges | 640/8 | €4,905 | €2,678 | -€2,227 | -45.4% |
| Gross operating margin | 9900 | €48,739 | €29,754 | -€18,985 | -39.0% |
| Operating profit (loss) | 9901 | €27,853 | €10,572 | -€17,281 | -62.0% |
| Financial income | 75/76B | - | €84 | +€84 | |
| Recurring financial income | 75 | - | €84 | +€84 | |
| Financial charges | 65/66B | €6,575 | €9,004 | +€2,429 | +36.9% |
| Recurring financial charges | 65 | €6,575 | €9,004 | +€2,429 | +36.9% |
| Profit (loss) for the period before taxes | 9903 | €21,278 | €1,653 | -€19,625 | -92.2% |
| Income taxes | 67/77 | - | €2,091 | +€2,091 | |
| Profit (loss) for the period | 9904 | €21,278 | -€438 | -€21,716 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,278 | -€438 | -€21,716 |
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.