KOLTFARMA: 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.
KOLTFARMA
Largest movements
- Intangible fixed assets -€26,960
down €26,960 (-83.1%), from €32,459 to €5,499
- Receivables within one year +€24,116
up €24,116 (+50.1%), from €48,092 to €72,208
of which Trade receivables: +€22,815
- Tangible fixed assets -€13,737
down €13,737 (-22.0%), from €62,302 to €48,565
of which Furniture and vehicles: -€7,043
- Cash -€12,052
down €12,052 (-6.7%), from €181,122 to €169,070
mainly Contributions, distributions and other (-€100,000) and Receivables within one year (-€24,116)
- Profit (loss) carried forward -€37,082
down €37,082 (-19.1%), from €193,893 to €156,811
- Trade debts +€21,607
up €21,607 (+26.2%), from €82,451 to €104,058
- Debts after one year -€6,947
down €6,947 (-16.9%), from €41,139 to €34,192
- Tax, wage and social debts -€5,349
down €5,349 (-22.1%), from €24,223 to €18,874
of which Taxes: -€6,978
- Current portion of long-term debt +€4,319
up €4,319 (+12.8%), from €33,628 to €37,947
- Turnover +€55,497
up €55,497 (+6.0%), from €926,825 to €982,322
- Purchases and services +€42,133
up €42,133 (+5.5%), from €770,071 to €812,204
- Gross operating margin +€15,675
up €15,675 (+9.6%), from €164,095 to €179,770
- Staff costs -€14,624
down €14,624 (-32.8%), from €44,587 to €29,963
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €405,380 | €381,713 | -€23,667 | -5.8% |
| Fixed assets | 21/28 | €94,913 | €54,216 | -€40,697 | -42.9% |
| Intangible fixed assets | 21 | €32,459 | €5,499 | -€26,960 | -83.1% |
| Tangible fixed assets | 22/27 | €62,302 | €48,565 | -€13,737 | -22.0% |
| Land and buildings | 22 | €41,838 | €35,144 | -€6,694 | -16.0% |
| Furniture and vehicles | 24 | €20,464 | €13,421 | -€7,043 | -34.4% |
| Financial fixed assets | 28 | €152 | €152 | = | 0.0% |
| Current assets | 29/58 | €310,467 | €327,497 | +€17,030 | +5.5% |
| Stocks and contracts in progress | 3 | €81,253 | €82,448 | +€1,195 | +1.5% |
| Stocks | 30/36 | €81,253 | €82,448 | +€1,195 | +1.5% |
| Amounts receivable within one year | 40/41 | €48,092 | €72,208 | +€24,116 | +50.1% |
| Trade receivables | 40 | €44,871 | €67,686 | +€22,815 | +50.8% |
| Other amounts receivable | 41 | €3,221 | €4,522 | +€1,301 | +40.4% |
| Cash at bank and in hand | 54/58 | €181,122 | €169,070 | -€12,052 | -6.7% |
| Deferred charges and accrued income | 490/1 | - | €3,771 | +€3,771 | |
| Total equity and liabilities | 10/49 | €405,380 | €381,713 | -€23,667 | -5.8% |
| Equity | 10/15 | €215,993 | €178,911 | -€37,082 | -17.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,100 | €2,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €193,893 | €156,811 | -€37,082 | -19.1% |
| Amounts payable | 17/49 | €189,387 | €202,802 | +€13,415 | +7.1% |
| Amounts payable after more than one year | 17 | €41,139 | €34,192 | -€6,947 | -16.9% |
| Financial debts | 170/4 | €41,139 | €34,192 | -€6,947 | -16.9% |
| Amounts payable within one year | 42/48 | €148,248 | €168,610 | +€20,362 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €33,628 | €37,947 | +€4,319 | +12.8% |
| Trade debts | 44 | €82,451 | €104,058 | +€21,607 | +26.2% |
| Suppliers | 440/4 | €82,451 | €104,058 | +€21,607 | +26.2% |
| Taxes, remuneration and social security | 45 | €24,223 | €18,874 | -€5,349 | -22.1% |
| Taxes | 450/3 | €19,506 | €12,528 | -€6,978 | -35.8% |
| Remuneration and social security | 454/9 | €4,717 | €6,346 | +€1,629 | +34.5% |
| Other amounts payable | 47/48 | €7,946 | €7,731 | -€215 | -2.7% |
| Turnover | 70 | €926,825 | €982,322 | +€55,497 | +6.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €770,071 | €812,204 | +€42,133 | +5.5% |
| Remuneration, social security and pensions | 62 | €44,587 | €29,963 | -€14,624 | -32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,163 | €40,697 | +€5,534 | +15.7% |
| Other operating charges | 640/8 | €3,259 | €5,152 | +€1,893 | +58.1% |
| Gross operating margin | 9900 | €164,095 | €179,770 | +€15,675 | +9.6% |
| Operating profit (loss) | 9901 | €81,086 | €103,958 | +€22,872 | +28.2% |
| Financial income | 75/76B | €29 | €357 | +€328 | +1131.0% |
| Recurring financial income | 75 | €29 | €357 | +€328 | +1131.0% |
| Financial charges | 65/66B | €16,259 | €15,494 | -€765 | -4.7% |
| Recurring financial charges | 65 | €16,259 | €15,494 | -€765 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €64,856 | €88,821 | +€23,965 | +37.0% |
| Income taxes | 67/77 | €25,324 | €25,903 | +€579 | +2.3% |
| Profit (loss) for the period | 9904 | €39,532 | €62,918 | +€23,386 | +59.2% |
| Profit (loss) for the period to be appropriated | 9905 | €39,532 | €62,918 | +€23,386 | +59.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.