Kollectief: 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.
Kollectief
Largest movements
- Receivables within one year +€82,405
up €82,405 (+240%), from €34,303 to €116,708
of which Trade receivables: +€82,328
- Cash -€20,990
down €20,990 (-74.0%), from €28,347 to €7,357
mainly Receivables within one year (-€82,405) and Contributions, distributions and other (-€9,227)
- Tangible fixed assets -€10,501
down €10,501 (-48.5%), from €21,640 to €11,139
of which Furniture and vehicles: -€9,276
- Financial fixed assets +€4,500
up €4,500 (+12.5%), from €36,069 to €40,569
- Stocks and contracts -€2,135
down €2,135 (-100%), from €2,135 to €0
- Reserves +€43,353
up €43,353 (+71.0%), from €61,056 to €104,409
- Tax, wage and social debts +€11,950
up €11,950 (+80.3%), from €14,885 to €26,834
- Gross operating margin +€11,491
up €11,491 (+15.5%), from €74,256 to €85,746
- Taxes +€9,114
up €9,114 (+53.6%), from €16,996 to €26,109
- Financial charges +€1,364
up €1,364 (+143%), from €956 to €2,320
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 | €123,436 | €177,558 | +€54,122 | +43.8% |
| Fixed assets | 21/28 | €57,709 | €51,708 | -€6,001 | -10.4% |
| Tangible fixed assets | 22/27 | €21,640 | €11,139 | -€10,501 | -48.5% |
| Land and buildings | 22 | €6,367 | €5,647 | -€720 | -11.3% |
| Plant, machinery and equipment | 23 | €1,009 | €504 | -€505 | -50.1% |
| Furniture and vehicles | 24 | €14,264 | €4,988 | -€9,276 | -65.0% |
| Financial fixed assets | 28 | €36,069 | €40,569 | +€4,500 | +12.5% |
| Current assets | 29/58 | €65,727 | €125,850 | +€60,123 | +91.5% |
| Stocks and contracts in progress | 3 | €2,135 | €0 | -€2,135 | -100% |
| Stocks | 30/36 | €2,135 | €0 | -€2,135 | -100% |
| Amounts receivable within one year | 40/41 | €34,303 | €116,708 | +€82,405 | +240% |
| Trade receivables | 40 | €34,303 | €116,631 | +€82,328 | +240% |
| Other amounts receivable | 41 | - | €77 | +€77 | |
| Cash at bank and in hand | 54/58 | €28,347 | €7,357 | -€20,990 | -74.0% |
| Deferred charges and accrued income | 490/1 | €942 | €1,785 | +€843 | +89.4% |
| Total equity and liabilities | 10/49 | €123,436 | €177,558 | +€54,122 | +43.8% |
| Equity | 10/15 | €75,056 | €118,409 | +€43,353 | +57.8% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Reserves | 13 | €61,056 | €104,409 | +€43,353 | +71.0% |
| Distributable reserves | 133 | €61,056 | €104,409 | +€43,353 | +71.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €48,380 | €59,149 | +€10,769 | +22.3% |
| Amounts payable within one year | 42/48 | €48,304 | €59,149 | +€10,846 | +22.5% |
| Trade debts | 44 | €1,735 | €337 | -€1,398 | -80.6% |
| Suppliers | 440/4 | €1,735 | €337 | -€1,398 | -80.6% |
| Taxes, remuneration and social security | 45 | €14,885 | €26,834 | +€11,950 | +80.3% |
| Taxes | 450/3 | €14,885 | €26,834 | +€11,950 | +80.3% |
| Other amounts payable | 47/48 | €31,685 | €31,979 | +€294 | +0.9% |
| Accrued charges and deferred income | 492/3 | €76 | €0 | -€76 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,662 | €3,333 | -€329 | -9.0% |
| Other operating charges | 640/8 | €1,452 | €1,404 | -€48 | -3.3% |
| Gross operating margin | 9900 | €74,256 | €85,746 | +€11,491 | +15.5% |
| Operating profit (loss) | 9901 | €69,142 | €81,009 | +€11,868 | +17.2% |
| Financial income | 75/76B | €857 | €0 | -€857 | -100.0% |
| Recurring financial income | 75 | €857 | €0 | -€857 | -100.0% |
| Financial charges | 65/66B | €956 | €2,320 | +€1,364 | +143% |
| Recurring financial charges | 65 | €956 | €2,320 | +€1,364 | +143% |
| Profit (loss) for the period before taxes | 9903 | €69,043 | €78,690 | +€9,646 | +14.0% |
| Income taxes | 67/77 | €16,996 | €26,109 | +€9,114 | +53.6% |
| Profit (loss) for the period | 9904 | €52,048 | €52,580 | +€533 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €52,048 | €52,580 | +€533 | +1.0% |
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.