COLVO: 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.
COLVO
Largest movements
- Tangible fixed assets -€15,254
down €15,254 (-11.4%), from €134,357 to €119,103
of which Other tangible fixed assets: -€12,865
- Cash +€3,443
up €3,443 (+214.3%), from €1,607 to €5,050
mainly Depreciation (+€15,254)
- Profit (loss) carried forward -€10,138
down €10,138 (-7.0%), from -€144,141 to -€154,280
- Trade debts -€1,673
down €1,673 (-21.8%), from €7,678 to €6,006
- Gross operating margin +€3,652
up €3,652 (+76.5%), from €4,774 to €8,426
- Other operating charges +€1,103
up €1,103 (+51.0%), from €2,163 to €3,265
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 | €145,774 | €133,963 | -€11,811 | -8.1% |
| Fixed assets | 21/28 | €134,357 | €119,103 | -€15,254 | -11.4% |
| Tangible fixed assets | 22/27 | €134,357 | €119,103 | -€15,254 | -11.4% |
| Land and buildings | 22 | €12,135 | €9,747 | -€2,389 | -19.7% |
| Other tangible fixed assets | 26 | €122,222 | €109,357 | -€12,865 | -10.5% |
| Current assets | 29/58 | €11,417 | €14,860 | +€3,443 | +30.2% |
| Amounts receivable within one year | 40/41 | €9,810 | €9,810 | = | 0.0% |
| Trade receivables | 40 | €9,810 | €9,810 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,607 | €5,050 | +€3,443 | +214.3% |
| Total equity and liabilities | 10/49 | €145,774 | €133,963 | -€11,811 | -8.1% |
| Equity | 10/15 | -€84,141 | -€94,280 | -€10,138 | -12.0% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€144,141 | -€154,280 | -€10,138 | -7.0% |
| Amounts payable | 17/49 | €229,916 | €228,243 | -€1,673 | -0.7% |
| Amounts payable within one year | 42/48 | €229,916 | €228,243 | -€1,673 | -0.7% |
| Trade debts | 44 | €7,678 | €6,006 | -€1,673 | -21.8% |
| Suppliers | 440/4 | €7,678 | €6,006 | -€1,673 | -21.8% |
| Other amounts payable | 47/48 | €222,237 | €222,237 | = | 0.0% |
| Non-recurring operating income | 76A | €18,974 | €15,217 | -€3,758 | -19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,254 | €15,254 | = | 0.0% |
| Other operating charges | 640/8 | €2,163 | €3,265 | +€1,103 | +51.0% |
| Gross operating margin | 9900 | €4,774 | €8,426 | +€3,652 | +76.5% |
| Operating profit (loss) | 9901 | -€12,643 | -€10,093 | +€2,550 | +20.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,686 | -€10,138 | +€2,548 | +20.1% |
| Profit (loss) for the period | 9904 | -€12,686 | -€10,138 | +€2,548 | +20.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,686 | -€10,138 | +€2,548 | +20.1% |
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 3 October 2026 via checked.be.