Quality@Kolle: 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.
Quality@Kolle
Largest movements
- Cash -€19,923
down €19,923 (-61.4%), from €32,474 to €12,551
mainly Receivables within one year (-€16,595) and Debts after one year (-€14,823)
- Tangible fixed assets -€17,106
down €17,106 (-33.6%), from €50,918 to €33,813
of which Leasing and similar rights: -€11,950
- Receivables within one year +€16,595
up €16,595 (+68.4%), from €24,253 to €40,848
of which Other amounts receivable: +€32,821
- Stocks and contracts -€2,851
down €2,851 (-19.2%), from €14,871 to €12,020
- Debts after one year -€14,823
down €14,823 (-65.6%), from €22,610 to €7,787
- Tax, wage and social debts -€5,824
down €5,824 (-34.0%), from €17,119 to €11,294
of which Taxes: -€3,463
- Reserves -€4,846
down €4,846 (-21.2%), from €22,826 to €17,980
- Trade debts +€1,540
up €1,540 (+5.5%), from €27,865 to €29,405
- Gross operating margin +€22,055
up €22,055 (+24.2%), from €90,976 to €113,030
- Staff costs +€9,234
up €9,234 (+10.9%), from €84,784 to €94,017
- Depreciation +€1,349
up €1,349 (+8.6%), from €15,756 to €17,106
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 | €128,089 | €105,303 | -€22,786 | -17.8% |
| Fixed assets | 21/28 | €52,101 | €34,995 | -€17,106 | -32.8% |
| Tangible fixed assets | 22/27 | €50,918 | €33,813 | -€17,106 | -33.6% |
| Plant, machinery and equipment | 23 | €10,624 | €6,021 | -€4,603 | -43.3% |
| Furniture and vehicles | 24 | €30 | €0 | -€30 | -100% |
| Leasing and similar rights | 25 | €39,742 | €27,792 | -€11,950 | -30.1% |
| Other tangible fixed assets | 26 | €523 | €0 | -€523 | -100% |
| Financial fixed assets | 28 | €1,182 | €1,182 | = | 0.0% |
| Current assets | 29/58 | €75,989 | €70,308 | -€5,681 | -7.5% |
| Stocks and contracts in progress | 3 | €14,871 | €12,020 | -€2,851 | -19.2% |
| Stocks | 30/36 | €14,871 | €12,020 | -€2,851 | -19.2% |
| Amounts receivable within one year | 40/41 | €24,253 | €40,848 | +€16,595 | +68.4% |
| Trade receivables | 40 | €17,571 | €1,345 | -€16,226 | -92.3% |
| Other amounts receivable | 41 | €6,682 | €39,504 | +€32,821 | +491% |
| Cash at bank and in hand | 54/58 | €32,474 | €12,551 | -€19,923 | -61.4% |
| Deferred charges and accrued income | 490/1 | €4,390 | €4,889 | +€499 | +11.4% |
| Total equity and liabilities | 10/49 | €128,089 | €105,303 | -€22,786 | -17.8% |
| Equity | 10/15 | €41,826 | €36,980 | -€4,846 | -11.6% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €22,826 | €17,980 | -€4,846 | -21.2% |
| Distributable reserves | 133 | €22,826 | €17,980 | -€4,846 | -21.2% |
| Amounts payable | 17/49 | €86,264 | €68,323 | -€17,941 | -20.8% |
| Amounts payable after more than one year | 17 | €22,610 | €7,787 | -€14,823 | -65.6% |
| Financial debts | 170/4 | €22,610 | €7,787 | -€14,823 | -65.6% |
| Amounts payable within one year | 42/48 | €62,819 | €60,036 | -€2,783 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €13,885 | €15,061 | +€1,176 | +8.5% |
| Trade debts | 44 | €27,865 | €29,405 | +€1,540 | +5.5% |
| Suppliers | 440/4 | €27,865 | €29,405 | +€1,540 | +5.5% |
| Advances received on contracts in progress | 46 | €3,300 | €3,625 | +€325 | +9.8% |
| Taxes, remuneration and social security | 45 | €17,119 | €11,294 | -€5,824 | -34.0% |
| Taxes | 450/3 | €10,276 | €6,812 | -€3,463 | -33.7% |
| Remuneration and social security | 454/9 | €6,843 | €4,482 | -€2,361 | -34.5% |
| Other amounts payable | 47/48 | €650 | €650 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €835 | €500 | -€335 | -40.1% |
| Remuneration, social security and pensions | 62 | €84,784 | €94,017 | +€9,234 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,756 | €17,106 | +€1,349 | +8.6% |
| Other operating charges | 640/8 | €4,729 | €4,033 | -€696 | -14.7% |
| Gross operating margin | 9900 | €90,976 | €113,030 | +€22,055 | +24.2% |
| Operating profit (loss) | 9901 | -€14,293 | -€2,125 | +€12,167 | +85.1% |
| Financial income | 75/76B | €1,247 | €740 | -€508 | -40.7% |
| Recurring financial income | 75 | €1,247 | €740 | -€508 | -40.7% |
| Financial charges | 65/66B | €3,461 | €3,301 | -€160 | -4.6% |
| Recurring financial charges | 65 | €3,461 | €3,301 | -€160 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | -€16,506 | -€4,687 | +€11,819 | +71.6% |
| Income taxes | 67/77 | €170 | €158 | -€11 | -6.6% |
| Profit (loss) for the period | 9904 | -€16,676 | -€4,846 | +€11,831 | +70.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,676 | -€4,846 | +€11,831 | +70.9% |
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 17 October 2026 via checked.be.