KOLIN: 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.
KOLIN
Largest movements
- Tangible fixed assets -€33,143
down €33,143 (-4.1%), from €807,004 to €773,861
of which Other tangible fixed assets: -€24,550
- Cash +€32,797
up €32,797 (+48.7%), from €67,325 to €100,122
mainly Depreciation (+€43,599) and Receivables within one year (+€15,009)
- Receivables within one year -€15,009
down €15,009 (-28.4%), from €52,884 to €37,876
of which Trade receivables: -€12,342
- Other debts -€26,870
down €26,870 (-4.2%), from €634,217 to €607,347
- Reserves +€10,000
up €10,000 (+3.8%), from €265,000 to €275,000
of which Distributable reserves: +€10,000
- Gross operating margin -€15,377
down €15,377 (-20.1%), from €76,495 to €61,118
- Taxes -€3,329
down €3,329 (-57.2%), from €5,819 to €2,491
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 | €929,670 | €914,399 | -€15,271 | -1.6% |
| Fixed assets | 21/28 | €807,471 | €774,328 | -€33,143 | -4.1% |
| Tangible fixed assets | 22/27 | €807,004 | €773,861 | -€33,143 | -4.1% |
| Land and buildings | 22 | €282,936 | €274,343 | -€8,592 | -3.0% |
| Other tangible fixed assets | 26 | €524,068 | €499,518 | -€24,550 | -4.7% |
| Financial fixed assets | 28 | €467 | €467 | = | 0.0% |
| Current assets | 29/58 | €122,199 | €140,071 | +€17,872 | +14.6% |
| Amounts receivable within one year | 40/41 | €52,884 | €37,876 | -€15,009 | -28.4% |
| Trade receivables | 40 | €48,854 | €36,512 | -€12,342 | -25.3% |
| Other amounts receivable | 41 | €4,030 | €1,364 | -€2,667 | -66.2% |
| Cash at bank and in hand | 54/58 | €67,325 | €100,122 | +€32,797 | +48.7% |
| Deferred charges and accrued income | 490/1 | €1,990 | €2,073 | +€84 | +4.2% |
| Total equity and liabilities | 10/49 | €929,670 | €914,399 | -€15,271 | -1.6% |
| Equity | 10/15 | €285,554 | €295,517 | +€9,963 | +3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €265,000 | €275,000 | +€10,000 | +3.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €265,000 | €275,000 | +€10,000 | +3.8% |
| Profit (loss) carried forward | 14 | €1,954 | €1,917 | -€37 | -1.9% |
| Amounts payable | 17/49 | €644,116 | €618,882 | -€25,234 | -3.9% |
| Amounts payable within one year | 42/48 | €642,266 | €617,030 | -€25,236 | -3.9% |
| Trade debts | 44 | €2,220 | €6,325 | +€4,105 | +184.9% |
| Suppliers | 440/4 | €2,220 | €6,325 | +€4,105 | +184.9% |
| Taxes, remuneration and social security | 45 | €5,829 | €3,358 | -€2,471 | -42.4% |
| Taxes | 450/3 | €3,754 | €3,358 | -€396 | -10.5% |
| Remuneration and social security | 454/9 | €2,075 | €0 | -€2,075 | -100.0% |
| Other amounts payable | 47/48 | €634,217 | €607,347 | -€26,870 | -4.2% |
| Accrued charges and deferred income | 492/3 | €1,850 | €1,852 | +€2 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,200 | €43,599 | +€399 | +0.9% |
| Other operating charges | 640/8 | €4,849 | €4,916 | +€67 | +1.4% |
| Gross operating margin | 9900 | €76,495 | €61,118 | -€15,377 | -20.1% |
| Operating profit (loss) | 9901 | €28,447 | €12,603 | -€15,844 | -55.7% |
| Financial charges | 65/66B | €135 | €149 | +€14 | +10.0% |
| Recurring financial charges | 65 | €135 | €149 | +€14 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | €28,311 | €12,454 | -€15,857 | -56.0% |
| Income taxes | 67/77 | €5,819 | €2,491 | -€3,329 | -57.2% |
| Profit (loss) for the period | 9904 | €22,492 | €9,963 | -€12,529 | -55.7% |
| Profit (loss) for the period to be appropriated | 9905 | €22,492 | €9,963 | -€12,529 | -55.7% |
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.