KOLEN TOMAR: 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.
What changed
KOLEN TOMAR
NACE 46.810, Wholesale of solid, liquid and gaseous fuels and related products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.9m
2024 · €2.4m-€464,054
Equity
€14.1m
2024 · €19.5m-€5.4m
Cash
€3.0m
2024 · €4.3m-€1.2m
Balance sheet total
€18.5m
2024 · €21.4m-€2.9m
Largest movements
Assets
- Current investments -€1.5m
down €1.5m (-16.7%), from €9.0m to €7.5m
- Cash -€1.2m
down €1.2m (-28.5%), from €4.3m to €3.0m
mainly Contributions, distributions and other (-€7.3m) and Investment in fixed assets (net) (-€1.1m)
- Receivables within one year -€968,741
down €968,741 (-40.8%), from €2.4m to €1.4m
of which Trade receivables: -€593,490
- Tangible fixed assets +€640,167
up €640,167 (+17.2%), from €3.7m to €4.4m
of which Land and buildings: +€823,241
Equity and liabilities
- Reserves -€5.4m
down €5.4m (-28.0%), from €19.2m to €13.8m
of which Distributable reserves: -€5.4m
- Other debts +€3.0m
up €3.0m (+63,768%), from €4,705 to €3.0m
- Trade debts -€711,015
down €711,015 (-45.5%), from €1.6m to €852,877
- Tax, wage and social debts +€247,476
up €247,476 (+73.9%), from €334,883 to €582,359
of which Taxes: +€242,491
Income statement
- Goods and materials -€5.6m
down €5.6m (-30.8%), from €18.3m to €12.6m
- Turnover -€4.9m
down €4.9m (-20.9%), from €23.2m to €18.3m
- Provisions +€498,000
up €498,000, from -€498,000 to €0
- Financial income +€319,617
new in 2025: €319,617
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.
Result 2024
€2.4m
Turnover
-€4.9m
Other operating income
+€9,401
Goods and materials
+€5.6m
Services and other goods
-€120,066
Staff costs
+€39,953
Depreciation
-€225,772
Provisions
-€498,000
Other operating charges
-€17,405
Other operating items
-€25,000
Financial income
+€319,617
Financial charges
-€47,494
Other financial items
-€524,510
Taxes
-€143,551
Result 2025
€1.9m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€5.7m
Investment
+€360,211
Financing
-€7.3m
Cash 2024
€4.3m
From operations (derived)
+€5.7m
Net result for the year
+€1.9m
Depreciation
+€499,622
Stocks and contracts
-€191,336
Receivables within one year
+€968,741
Deferred charges and accrued income
+€21,622
Trade debts
-€711,015
Tax, wage and social debts
+€247,476
Other debts
+€3.0m
Accrued charges and deferred income
-€31,390
Investment (derived)
+€360,211
Investment in fixed assets (net)
-€1.1m
Current investments
+€1.5m
Financing
-€7.3m
Contributions, distributions and other
-€7.3m
Cash 2025
€3.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,396,546 | €18,521,926 | -€2.9m | -13.4% |
| Fixed assets | 21/28 | €3,736,535 | €4,376,702 | +€640,167 | +17.1% |
| Tangible fixed assets | 22/27 | €3,732,535 | €4,372,702 | +€640,167 | +17.2% |
| Land and buildings | 22 | €1,798,867 | €2,622,108 | +€823,241 | +45.8% |
| Plant, machinery and equipment | 23 | €2,113 | €1,438 | -€675 | -32.0% |
| Furniture and vehicles | 24 | €396,128 | €291,070 | -€105,058 | -26.5% |
| Leasing and similar rights | 25 | €1,535,427 | €1,458,086 | -€77,341 | -5.0% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €4,000 | €4,000 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €17,660,011 | €14,145,224 | -€3.5m | -19.9% |
| Stocks and contracts in progress | 3 | €1,847,655 | €2,038,991 | +€191,336 | +10.4% |
| Stocks | 30/36 | €1,847,655 | €2,038,991 | +€191,336 | +10.4% |
| Goods purchased for resale | 34 | €1,847,655 | €2,038,991 | +€191,336 | +10.4% |
| Amounts receivable within one year | 40/41 | €2,376,866 | €1,408,125 | -€968,741 | -40.8% |
| Trade receivables | 40 | €1,993,639 | €1,400,149 | -€593,490 | -29.8% |
| Other amounts receivable | 41 | €383,227 | €7,976 | -€375,251 | -97.9% |
| Current investments | 50/53 | €9,000,000 | €7,500,000 | -€1.5m | -16.7% |
| Other investments | 51/53 | €9,000,000 | €7,500,000 | -€1.5m | -16.7% |
| Cash at bank and in hand | 54/58 | €4,264,957 | €3,049,197 | -€1.2m | -28.5% |
| Deferred charges and accrued income | 490/1 | €170,533 | €148,911 | -€21,622 | -12.7% |
| Total equity and liabilities | 10/49 | €21,396,546 | €18,521,926 | -€2.9m | -13.4% |
| Equity | 10/15 | €19,450,809 | €14,070,821 | -€5.4m | -27.7% |
| Contributions | 10/11 | €247,894 | €247,894 | -€0 | 0.0% |
| Reserves | 13 | €19,202,915 | €13,822,928 | -€5.4m | -28.0% |
| Non-distributable reserves | 130/1 | €24,789 | €0 | -€24,789 | -100% |
| Reserves not available under the articles | 1311 | €24,789 | €0 | -€24,789 | -100% |
| Tax-exempt reserves | 132 | €502,500 | €502,500 | = | 0.0% |
| Distributable reserves | 133 | €18,675,626 | €13,320,428 | -€5.4m | -28.7% |
| Amounts payable | 17/49 | €1,945,737 | €4,451,104 | +€2.5m | +129% |
| Amounts payable within one year | 42/48 | €1,903,480 | €4,440,238 | +€2.5m | +133% |
| Trade debts | 44 | €1,563,892 | €852,877 | -€711,015 | -45.5% |
| Suppliers | 440/4 | €1,563,892 | €852,877 | -€711,015 | -45.5% |
| Taxes, remuneration and social security | 45 | €334,883 | €582,359 | +€247,476 | +73.9% |
| Taxes | 450/3 | €259,617 | €502,108 | +€242,491 | +93.4% |
| Remuneration and social security | 454/9 | €75,266 | €80,251 | +€4,985 | +6.6% |
| Other amounts payable | 47/48 | €4,705 | €3,005,002 | +€3.0m | +63,768% |
| Accrued charges and deferred income | 492/3 | €42,257 | €10,867 | -€31,390 | -74.3% |
| Operating income | 70/76A | €23,253,839 | €18,387,008 | -€4.9m | -20.9% |
| Turnover | 70 | €23,190,982 | €18,339,750 | -€4.9m | -20.9% |
| Other operating income | 74 | €37,857 | €47,258 | +€9,401 | +24.8% |
| Non-recurring operating income | 76A | €25,000 | €0 | -€25,000 | -100% |
| Operating charges | 60/66A | €20,646,842 | €15,848,127 | -€4.8m | -23.2% |
| Goods for resale, raw materials and consumables | 60 | €18,266,736 | €12,646,731 | -€5.6m | -30.8% |
| Purchases | 600/8 | - | €12,838,067 | +€12.8m | |
| Change in stocks: decrease (increase) | 609 | €1,137,279 | -€191,336 | -€1.3m | |
| Services and other goods | 61 | €1,832,498 | €1,952,564 | +€120,066 | +6.6% |
| Remuneration, social security and pensions | 62 | €618,165 | €578,212 | -€39,953 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €273,850 | €499,622 | +€225,772 | +82.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€498,000 | €0 | +€498,000 | |
| Other operating charges | 640/8 | €153,593 | €170,998 | +€17,405 | +11.3% |
| Operating profit (loss) | 9901 | €2,606,997 | €2,538,881 | -€68,116 | -2.6% |
| Financial income | 75/76B | - | €319,617 | +€319,617 | |
| Recurring financial income | 75 | €524,510 | €319,617 | -€204,893 | -39.1% |
| Income from current assets | 751 | €408,144 | €221,049 | -€187,095 | -45.8% |
| Other financial income | 752/9 | €116,366 | €98,568 | -€17,798 | -15.3% |
| Financial charges | 65/66B | €73,763 | €121,257 | +€47,494 | +64.4% |
| Recurring financial charges | 65 | €73,763 | €121,257 | +€47,494 | +64.4% |
| Debt charges | 650 | €20 | €0 | -€20 | -100% |
| Other financial charges | 652/9 | €73,743 | €121,257 | +€47,514 | +64.4% |
| Profit (loss) for the period before taxes | 9903 | €3,057,744 | €2,737,241 | -€320,503 | -10.5% |
| Income taxes | 67/77 | €673,677 | €817,228 | +€143,551 | +21.3% |
| Taxes | 670/3 | €673,677 | €817,228 | +€143,551 | +21.3% |
| Profit (loss) for the period | 9904 | €2,384,067 | €1,920,013 | -€464,054 | -19.5% |
| Transfer to tax-exempt reserves | 689 | €421,000 | €0 | -€421,000 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €1,963,067 | €1,920,013 | -€43,054 | -2.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.