LES COLVERTS: 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.
LES COLVERTS
Largest movements
- Stocks and contracts +€613,156
new in 2025: €613,156
- Cash +€42,508
up €42,508 (+34.6%), from €122,826 to €165,333
mainly Short-term financial debts (+€596,000) and Depreciation (+€40,094)
- Tangible fixed assets -€40,094
down €40,094 (-14.7%), from €273,006 to €232,913
of which Land and buildings: -€40,094
- Short-term financial debts +€596,000
up €596,000 (+876%), from €68,000 to €664,000
- Profit (loss) carried forward +€39,782
up €39,782 (+26.1%), from €152,639 to €192,422
- Debts after one year -€30,274
down €30,274 (-81.4%), from €37,196 to €6,923
- Gross operating margin +€37,778
up €37,778 (+46.1%), from €81,961 to €119,739
- Financial charges +€10,923
up €10,923 (+158%), from €6,933 to €17,856
- Taxes +€10,281
up €10,281 (+125%), from €8,220 to €18,501
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 | €513,315 | €1,133,410 | +€620,095 | +121% |
| Fixed assets | 21/28 | €273,006 | €232,913 | -€40,094 | -14.7% |
| Tangible fixed assets | 22/27 | €273,006 | €232,913 | -€40,094 | -14.7% |
| Land and buildings | 22 | €273,006 | €232,913 | -€40,094 | -14.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €240,309 | €900,498 | +€660,189 | +275% |
| Stocks and contracts in progress | 3 | - | €613,156 | +€613,156 | |
| Stocks | 30/36 | - | €613,156 | +€613,156 | |
| Amounts receivable within one year | 40/41 | €113,731 | €119,545 | +€5,814 | +5.1% |
| Other amounts receivable | 41 | €113,731 | €119,545 | +€5,814 | +5.1% |
| Cash at bank and in hand | 54/58 | €122,826 | €165,333 | +€42,508 | +34.6% |
| Deferred charges and accrued income | 490/1 | €3,752 | €2,464 | -€1,289 | -34.3% |
| Total equity and liabilities | 10/49 | €513,315 | €1,133,410 | +€620,095 | +121% |
| Equity | 10/15 | €203,439 | €243,222 | +€39,782 | +19.6% |
| Contributions | 10/11 | €50,800 | €50,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €152,639 | €192,422 | +€39,782 | +26.1% |
| Amounts payable | 17/49 | €309,876 | €890,189 | +€580,313 | +187% |
| Amounts payable after more than one year | 17 | €37,196 | €6,923 | -€30,274 | -81.4% |
| Financial debts | 170/4 | €37,196 | €6,923 | -€30,274 | -81.4% |
| Amounts payable within one year | 42/48 | €260,405 | €870,816 | +€610,411 | +234% |
| Current portion of amounts payable after more than one year | 42 | €29,028 | €30,274 | +€1,245 | +4.3% |
| Financial debts | 43 | €68,000 | €664,000 | +€596,000 | +876% |
| Credit institutions | 430/8 | €68,000 | €664,000 | +€596,000 | +876% |
| Trade debts | 44 | €5,933 | €8,677 | +€2,744 | +46.3% |
| Suppliers | 440/4 | €5,933 | €8,677 | +€2,744 | +46.3% |
| Taxes, remuneration and social security | 45 | €8,220 | €18,501 | +€10,281 | +125% |
| Taxes | 450/3 | €8,220 | €18,501 | +€10,281 | +125% |
| Other amounts payable | 47/48 | €149,224 | €149,365 | +€141 | +0.1% |
| Accrued charges and deferred income | 492/3 | €12,274 | €12,450 | +€176 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,094 | €40,094 | = | 0.0% |
| Other operating charges | 640/8 | €4,384 | €4,512 | +€128 | +2.9% |
| Gross operating margin | 9900 | €81,961 | €119,739 | +€37,778 | +46.1% |
| Operating profit (loss) | 9901 | €37,483 | €75,133 | +€37,650 | +100% |
| Financial income | 75/76B | €251 | €1,006 | +€755 | +301% |
| Recurring financial income | 75 | €251 | €1,006 | +€755 | +301% |
| Financial charges | 65/66B | €6,933 | €17,856 | +€10,923 | +158% |
| Recurring financial charges | 65 | €6,933 | €17,856 | +€10,923 | +158% |
| Profit (loss) for the period before taxes | 9903 | €30,801 | €58,283 | +€27,482 | +89.2% |
| Income taxes | 67/77 | €8,220 | €18,501 | +€10,281 | +125% |
| Profit (loss) for the period | 9904 | €22,581 | €39,782 | +€17,201 | +76.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,581 | €39,782 | +€17,201 | +76.2% |
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 22 October 2026 via checked.be.