Kolesjan: 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.
Kolesjan
Largest movements
- Receivables within one year -€40,584
down €40,584 (-34.4%), from €118,140 to €77,556
- Cash +€36,109
up €36,109 (+110%), from €32,831 to €68,940
mainly Receivables within one year (+€40,584) and Net result for the year (+€24,722)
- Tangible fixed assets -€4,077
down €4,077 (-53.9%), from €7,562 to €3,485
of which Furniture and vehicles: -€3,650
- Current portion of long-term debt -€31,080
down €31,080 (-41.5%), from €74,827 to €43,747
- Profit (loss) carried forward +€24,722
up €24,722 (+112%), from €22,066 to €46,788
- Trade debts -€8,376
down €8,376 (-21.3%), from €39,338 to €30,962
- Tax, wage and social debts +€5,948
up €5,948 (+134%), from €4,443 to €10,391
- Gross operating margin +€23,792
up €23,792 (+149%), from €16,011 to €39,803
- Taxes +€6,554
up €6,554 (+286%), from €2,295 to €8,849
- Depreciation -€1,699
down €1,699 (-27.8%), from €6,110 to €4,411
- Other operating charges -€1,670
down €1,670 (-51.1%), from €3,271 to €1,601
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 | €159,389 | €150,488 | -€8,901 | -5.6% |
| Fixed assets | 21/28 | €7,896 | €3,485 | -€4,411 | -55.9% |
| Intangible fixed assets | 21 | €334 | - | -€334 | |
| Tangible fixed assets | 22/27 | €7,562 | €3,485 | -€4,077 | -53.9% |
| Land and buildings | 22 | €70 | - | -€70 | |
| Plant, machinery and equipment | 23 | €634 | €277 | -€357 | -56.3% |
| Furniture and vehicles | 24 | €6,858 | €3,208 | -€3,650 | -53.2% |
| Current assets | 29/58 | €151,493 | €147,003 | -€4,490 | -3.0% |
| Stocks and contracts in progress | 3 | €522 | €507 | -€15 | -2.9% |
| Stocks | 30/36 | €522 | €507 | -€15 | -2.9% |
| Amounts receivable within one year | 40/41 | €118,140 | €77,556 | -€40,584 | -34.4% |
| Trade receivables | 40 | €118,140 | €77,556 | -€40,584 | -34.4% |
| Cash at bank and in hand | 54/58 | €32,831 | €68,940 | +€36,109 | +110% |
| Total equity and liabilities | 10/49 | €159,389 | €150,488 | -€8,901 | -5.6% |
| Equity | 10/15 | €40,666 | €65,388 | +€24,722 | +60.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,066 | €46,788 | +€24,722 | +112% |
| Amounts payable | 17/49 | €118,723 | €85,100 | -€33,623 | -28.3% |
| Amounts payable within one year | 42/48 | €118,723 | €85,100 | -€33,623 | -28.3% |
| Current portion of amounts payable after more than one year | 42 | €74,827 | €43,747 | -€31,080 | -41.5% |
| Trade debts | 44 | €39,338 | €30,962 | -€8,376 | -21.3% |
| Suppliers | 440/4 | €39,338 | €30,962 | -€8,376 | -21.3% |
| Taxes, remuneration and social security | 45 | €4,443 | €10,391 | +€5,948 | +134% |
| Taxes | 450/3 | €4,443 | €10,391 | +€5,948 | +134% |
| Other amounts payable | 47/48 | €115 | - | -€115 | |
| Non-recurring operating income | 76A | €2,009 | - | -€2,009 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,110 | €4,411 | -€1,699 | -27.8% |
| Other operating charges | 640/8 | €3,271 | €1,601 | -€1,670 | -51.1% |
| Gross operating margin | 9900 | €16,011 | €39,803 | +€23,792 | +149% |
| Operating profit (loss) | 9901 | €6,630 | €33,791 | +€27,161 | +410% |
| Financial income | 75/76B | €47 | - | -€47 | |
| Recurring financial income | 75 | €47 | - | -€47 | |
| Financial charges | 65/66B | €188 | €220 | +€32 | +17.0% |
| Recurring financial charges | 65 | €188 | €220 | +€32 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €6,489 | €33,571 | +€27,082 | +417% |
| Income taxes | 67/77 | €2,295 | €8,849 | +€6,554 | +286% |
| Profit (loss) for the period | 9904 | €4,194 | €24,722 | +€20,528 | +489% |
| Profit (loss) for the period to be appropriated | 9905 | €4,194 | €24,722 | +€20,528 | +489% |
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 16 October 2026 via checked.be.