Louis et André COLSON: 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.
What changed
Louis et André COLSON
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€47
2024 · €82,359-€82,312
Equity
€530,079
2024 · €530,782-€703
Cash
€13,486
2024 · €41+€13,445
Balance sheet total
€1.8m
2024 · €1.7m+€13,107
Largest movements
Assets
- Receivables within one year -€19,787
down €19,787 (-99.7%), from €19,847 to €60
Equity and liabilities
- Debts after one year -€106,534
down €106,534 (-10.7%), from €992,756 to €886,222
- Trade debts +€95,306
up €95,306 (+2,215%), from €4,303 to €99,609
- Other debts +€93,368
up €93,368 (+246%), from €37,903 to €131,271
- Tax, wage and social debts -€68,549
down €68,549 (-99.8%), from €68,689 to €140
Income statement
- Turnover -€1.9m
no longer reported in 2025 (was €1.9m)
- Purchases and services -€1.0m
no longer reported in 2025 (was €1.0m)
- Gross operating margin -€774,295
down €774,295 (-84.7%), from €914,481 to €140,186
- Staff costs -€667,502
no longer reported in 2025 (was €667,502)
- Taxes -€49,204
down €49,204 (-99.7%), from €49,344 to €140
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.
Result 2024
€82,359
Gross operating margin
-€774,295
Staff costs
+€667,502
Depreciation
+€4,974
Write-downs
+€6,200
Other operating charges
-€10,936
Financial income
-€534
Financial charges
-€24,428
Taxes
+€49,204
Result 2025
€47
raises the resultlowers the result
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.
From operations
+€218,613
Investment
-€96,722
Financing
-€108,447
Cash 2024
€41
From operations (derived)
+€218,613
Net result for the year
+€47
Depreciation
+€79,603
Receivables within one year
+€19,787
Deferred charges and accrued income
-€2,330
Trade debts
+€95,306
Tax, wage and social debts
-€68,549
Other debts
+€93,368
Accrued charges and deferred income
+€1,381
Investment (derived)
-€96,722
Investment in fixed assets (net)
-€96,722
Financing
-€108,447
Debts after one year
-€106,534
Current portion of long-term debt
-€1,162
Contributions, distributions and other
-€750
Cash 2025
€13,486
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,742,130 | €1,755,237 | +€13,107 | +0.8% |
| Fixed assets | 21/28 | €1,722,242 | €1,739,361 | +€17,119 | +1.0% |
| Tangible fixed assets | 22/27 | €1,215,444 | €1,232,562 | +€17,118 | +1.4% |
| Land and buildings | 22 | €1,191,277 | €1,214,041 | +€22,764 | +1.9% |
| Plant, machinery and equipment | 23 | €0 | €14,688 | +€14,688 | |
| Furniture and vehicles | 24 | - | €3,833 | +€3,833 | |
| Other tangible fixed assets | 26 | €24,167 | - | -€24,167 | |
| Financial fixed assets | 28 | €506,798 | €506,798 | +€0 | 0.0% |
| Current assets | 29/58 | €19,888 | €15,876 | -€4,012 | -20.2% |
| Amounts receivable within one year | 40/41 | €19,847 | €60 | -€19,787 | -99.7% |
| Other amounts receivable | 41 | €19,847 | €60 | -€19,787 | -99.7% |
| Cash at bank and in hand | 54/58 | €41 | €13,486 | +€13,445 | +32,794% |
| Deferred charges and accrued income | 490/1 | - | €2,330 | +€2,330 | |
| Total equity and liabilities | 10/49 | €1,742,130 | €1,755,237 | +€13,107 | +0.8% |
| Equity | 10/15 | €530,782 | €530,079 | -€703 | -0.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €433,089 | €433,089 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €431,230 | €431,230 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €77,599 | €77,647 | +€48 | +0.1% |
| Investment grants | 15 | €1,502 | €751 | -€751 | -50.0% |
| Amounts payable | 17/49 | €1,211,348 | €1,225,158 | +€13,810 | +1.1% |
| Amounts payable after more than one year | 17 | €992,756 | €886,222 | -€106,534 | -10.7% |
| Financial debts | 170/4 | €992,756 | €886,222 | -€106,534 | -10.7% |
| Amounts payable within one year | 42/48 | €218,592 | €337,555 | +€118,963 | +54.4% |
| Current portion of amounts payable after more than one year | 42 | €107,697 | €106,535 | -€1,162 | -1.1% |
| Trade debts | 44 | €4,303 | €99,609 | +€95,306 | +2,215% |
| Suppliers | 440/4 | €4,303 | €99,609 | +€95,306 | +2,215% |
| Taxes, remuneration and social security | 45 | €68,689 | €140 | -€68,549 | -99.8% |
| Taxes | 450/3 | €68,689 | €140 | -€68,549 | -99.8% |
| Other amounts payable | 47/48 | €37,903 | €131,271 | +€93,368 | +246% |
| Accrued charges and deferred income | 492/3 | - | €1,381 | +€1,381 | |
| Turnover | 70 | €1,942,137 | - | -€1.9m | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,027,656 | - | -€1.0m | |
| Remuneration, social security and pensions | 62 | €667,502 | - | -€667,502 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,577 | €79,603 | -€4,974 | -5.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,200 | - | -€6,200 | |
| Other operating charges | 640/8 | €9,517 | €20,453 | +€10,936 | +115% |
| Gross operating margin | 9900 | €914,481 | €140,186 | -€774,295 | -84.7% |
| Operating profit (loss) | 9901 | €146,685 | €40,130 | -€106,555 | -72.6% |
| Financial income | 75/76B | €1,285 | €751 | -€534 | -41.5% |
| Recurring financial income | 75 | €1,285 | €751 | -€534 | -41.5% |
| Financial charges | 65/66B | €16,267 | €40,695 | +€24,428 | +150% |
| Recurring financial charges | 65 | €16,267 | €40,695 | +€24,428 | +150% |
| Profit (loss) for the period before taxes | 9903 | €131,703 | €187 | -€131,516 | -99.9% |
| Income taxes | 67/77 | €49,344 | €140 | -€49,204 | -99.7% |
| Profit (loss) for the period | 9904 | €82,359 | €47 | -€82,312 | -99.9% |
| Profit (loss) for the period to be appropriated | 9905 | €82,359 | €47 | -€82,312 | -99.9% |
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 1 November 2026 via checked.be.