DR. COLOGNE GEERT: 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.
DR. COLOGNE GEERT
Largest movements
- Cash +€19,119
up €19,119 (+30.7%), from €62,242 to €81,361
mainly Other debts (+€28,296) and Receivables within one year (+€7,635)
- Receivables within one year -€7,635
down €7,635 (-16.2%), from €47,067 to €39,432
- Deferred charges and accrued income +€7,396
up €7,396 (+10.7%), from €68,850 to €76,246
- Tangible fixed assets -€2,938
down €2,938 (-48.2%), from €6,091 to €3,153
- Other debts +€28,296
up €28,296 (+40.7%), from €69,578 to €97,874
- Debts after one year -€12,392
down €12,392 (-52.6%), from €23,546 to €11,155
- Current portion of long-term debt -€5,376
down €5,376 (-30.3%), from €17,768 to €12,392
- Reserves +€4,810
up €4,810 (+6.9%), from €69,858 to €74,668
- Financial charges -€2,012
down €2,012 (-3.0%), from €68,121 to €66,109
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 | €184,249 | €200,191 | +€15,942 | +8.7% |
| Fixed assets | 21/28 | €6,091 | €3,153 | -€2,938 | -48.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €6,091 | €3,153 | -€2,938 | -48.2% |
| Plant, machinery and equipment | 23 | €197 | €0 | -€197 | -100.0% |
| Furniture and vehicles | 24 | €2,741 | €1,461 | -€1,280 | -46.7% |
| Other tangible fixed assets | 26 | €3,153 | €1,692 | -€1,461 | -46.3% |
| Current assets | 29/58 | €178,159 | €197,038 | +€18,880 | +10.6% |
| Amounts receivable within one year | 40/41 | €47,067 | €39,432 | -€7,635 | -16.2% |
| Other amounts receivable | 41 | €47,067 | €39,432 | -€7,635 | -16.2% |
| Cash at bank and in hand | 54/58 | €62,242 | €81,361 | +€19,119 | +30.7% |
| Deferred charges and accrued income | 490/1 | €68,850 | €76,246 | +€7,396 | +10.7% |
| Total equity and liabilities | 10/49 | €184,249 | €200,191 | +€15,942 | +8.7% |
| Equity | 10/15 | €69,858 | €74,668 | +€4,810 | +6.9% |
| Reserves | 13 | €69,858 | €74,668 | +€4,810 | +6.9% |
| Distributable reserves | 133 | €69,858 | €74,668 | +€4,810 | +6.9% |
| Amounts payable | 17/49 | €114,392 | €125,524 | +€11,132 | +9.7% |
| Amounts payable after more than one year | 17 | €23,546 | €11,155 | -€12,392 | -52.6% |
| Financial debts | 170/4 | €23,546 | €11,155 | -€12,392 | -52.6% |
| Amounts payable within one year | 42/48 | €90,845 | €114,369 | +€23,524 | +25.9% |
| Current portion of amounts payable after more than one year | 42 | €17,768 | €12,392 | -€5,376 | -30.3% |
| Trade debts | 44 | €2,653 | €3,622 | +€969 | +36.5% |
| Suppliers | 440/4 | €2,653 | €3,622 | +€969 | +36.5% |
| Taxes, remuneration and social security | 45 | €846 | €481 | -€365 | -43.2% |
| Taxes | 450/3 | €846 | €481 | -€365 | -43.2% |
| Other amounts payable | 47/48 | €69,578 | €97,874 | +€28,296 | +40.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,841 | €2,938 | +€96 | +3.4% |
| Other operating charges | 640/8 | €2,454 | €1,730 | -€724 | -29.5% |
| Gross operating margin | 9900 | €79,526 | €78,798 | -€727 | -0.9% |
| Operating profit (loss) | 9901 | €74,231 | €74,131 | -€100 | -0.1% |
| Financial income | 75/76B | €405 | €515 | +€110 | +27.1% |
| Recurring financial income | 75 | €405 | €515 | +€110 | +27.1% |
| Financial charges | 65/66B | €68,121 | €66,109 | -€2,012 | -3.0% |
| Recurring financial charges | 65 | €68,121 | €66,109 | -€2,012 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €6,514 | €8,536 | +€2,022 | +31.0% |
| Income taxes | 67/77 | €3,241 | €3,726 | +€485 | +15.0% |
| Profit (loss) for the period | 9904 | €3,273 | €4,810 | +€1,537 | +47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,273 | €4,810 | +€1,537 | +47.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.