De Colfmaeker Consultancy: 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.
De Colfmaeker Consultancy
Largest movements
- Receivables within one year +€147,542
up €147,542 (+9.0%), from €1.6m to €1.8m
- Cash -€95,399
down €95,399 (-27.3%), from €349,583 to €254,184
mainly Receivables within one year (-€147,542) and Trade debts (-€13,264)
- Reserves +€58,077
up €58,077 (+3.6%), from €1.6m to €1.7m
of which Distributable reserves: +€58,077
- Gross operating margin -€361,966
down €361,966, from €358,213 to -€3,753
- Taxes -€26,595
down €26,595 (-98.0%), from €27,140 to €545
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.
Derived cash bridge
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 | €3,080,746 | €3,113,144 | +€32,398 | +1.1% |
| Fixed assets | 21/28 | €504,973 | €485,228 | -€19,745 | -3.9% |
| Tangible fixed assets | 22/27 | €188,445 | €168,700 | -€19,745 | -10.5% |
| Land and buildings | 22 | €188,445 | €168,700 | -€19,745 | -10.5% |
| Financial fixed assets | 28 | €316,528 | €316,528 | = | 0.0% |
| Current assets | 29/58 | €2,575,773 | €2,627,916 | +€52,143 | +2.0% |
| Amounts receivable after more than one year | 29 | €65,000 | €65,000 | = | 0.0% |
| Trade receivables | 290 | €65,000 | €65,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,632,686 | €1,780,228 | +€147,542 | +9.0% |
| Other amounts receivable | 41 | €1,632,686 | €1,780,228 | +€147,542 | +9.0% |
| Current investments | 50/53 | €509,730 | €509,729 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €349,583 | €254,184 | -€95,399 | -27.3% |
| Deferred charges and accrued income | 490/1 | €18,775 | €18,775 | = | 0.0% |
| Total equity and liabilities | 10/49 | €3,080,746 | €3,113,144 | +€32,398 | +1.1% |
| Equity | 10/15 | €2,889,513 | €2,947,590 | +€58,077 | +2.0% |
| Contributions | 10/11 | €1,283,681 | €1,283,681 | = | 0.0% |
| Capital | 10 | €1,283,681 | €1,283,681 | = | 0.0% |
| Issued capital | 100 | €1,283,681 | €1,283,681 | = | 0.0% |
| Reserves | 13 | €1,605,833 | €1,663,910 | +€58,077 | +3.6% |
| Non-distributable reserves | 130/1 | €128,368 | €128,368 | = | 0.0% |
| Legal reserve | 130 | €128,368 | €128,368 | = | 0.0% |
| Tax-exempt reserves | 132 | €217,437 | €217,437 | = | 0.0% |
| Distributable reserves | 133 | €1,260,027 | €1,318,104 | +€58,077 | +4.6% |
| Amounts payable | 17/49 | €191,233 | €165,554 | -€25,679 | -13.4% |
| Amounts payable within one year | 42/48 | €191,233 | €165,554 | -€25,679 | -13.4% |
| Trade debts | 44 | €16,631 | €3,367 | -€13,264 | -79.8% |
| Suppliers | 440/4 | €16,631 | €3,367 | -€13,264 | -79.8% |
| Taxes, remuneration and social security | 45 | €12,415 | - | -€12,415 | |
| Taxes | 450/3 | €12,415 | - | -€12,415 | |
| Other amounts payable | 47/48 | €162,186 | €162,186 | = | 0.0% |
| Non-recurring operating income | 76A | €384,935 | - | -€384,935 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,745 | €19,745 | -€0 | 0.0% |
| Other operating charges | 640/8 | €10,320 | €9,343 | -€976 | -9.5% |
| Gross operating margin | 9900 | €358,213 | -€3,753 | -€361,966 | |
| Operating profit (loss) | 9901 | €328,148 | -€32,842 | -€360,990 | |
| Financial income | 75/76B | €95,166 | €92,472 | -€2,694 | -2.8% |
| Recurring financial income | 75 | €95,166 | €92,472 | -€2,694 | -2.8% |
| Financial charges | 65/66B | €733 | €1,008 | +€274 | +37.4% |
| Recurring financial charges | 65 | €733 | €1,008 | +€274 | +37.4% |
| Profit (loss) for the period before taxes | 9903 | €422,580 | €58,622 | -€363,958 | -86.1% |
| Income taxes | 67/77 | €27,140 | €545 | -€26,595 | -98.0% |
| Profit (loss) for the period | 9904 | €395,440 | €58,077 | -€337,363 | -85.3% |
| Profit (loss) for the period to be appropriated | 9905 | €395,440 | €58,077 | -€337,363 | -85.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.