S. COLLIGNON: 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.
What changed
S. COLLIGNON
NACE 01.610, Support activities for crop production
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€85
2024 · -€33,108+€33,022
Equity
€218,601
2024 · €230,546-€11,945
Cash
€0
2024 · €0
Balance sheet total
€1.1m
2024 · €1.3m-€227,224
Largest movements
Assets
- Tangible fixed assets -€131,931
down €131,931 (-15.6%), from €845,497 to €713,566
- Receivables within one year -€89,717
down €89,717 (-28.3%), from €317,183 to €227,466
of which Trade receivables: -€83,531
Equity and liabilities
- Debts after one year -€127,293
down €127,293 (-21.0%), from €605,233 to €477,940
of which Financial debts: -€127,293
- Trade debts -€46,962
down €46,962 (-31.4%), from €149,592 to €102,630
- Short-term financial debts -€46,511
down €46,511 (-94.6%), from €49,191 to €2,680
- Current portion of long-term debt -€15,733
down €15,733 (-8.5%), from €185,954 to €170,220
- Other debts +€15,289
up €15,289 (+36.7%), from €41,627 to €56,916
Income statement
- Gross operating margin +€19,041
up €19,041 (+4.5%), from €419,883 to €438,924
- Staff costs -€12,596
down €12,596 (-5.9%), from €211,915 to €199,319
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
-€33,108
Gross operating margin
+€19,041
Staff costs
+€12,596
Depreciation
+€3,962
Other operating charges
-€3,322
Financial income
+€1,141
Financial charges
+€102
Taxes
-€498
Result 2025
-€85
Cash bridge derived
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
+€284,235
Investment
-€82,838
Financing
-€201,396
Cash 2024
€0
From operations (derived)
+€284,235
Net result for the year
-€85
Depreciation
+€214,770
Stocks and contracts
+€8,691
Receivables within one year
+€89,717
Deferred charges and accrued income
-€3,115
Provisions
-€1,267
Trade debts
-€46,962
Tax, wage and social debts
+€7,627
Other debts
+€15,289
Accrued charges and deferred income
-€429
Investment (derived)
-€82,838
Investment in fixed assets (net)
-€82,838
Financing
-€201,396
Debts after one year
-€127,293
Current portion of long-term debt
-€15,733
Short-term financial debts
-€46,511
Contributions, distributions and other
-€11,859
Cash 2025
€0
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,285,517 | €1,058,293 | -€227,224 | -17.7% |
| Fixed assets | 21/28 | €846,208 | €714,277 | -€131,931 | -15.6% |
| Tangible fixed assets | 22/27 | €845,497 | €713,566 | -€131,931 | -15.6% |
| Land and buildings | 22 | €16,146 | €9,610 | -€6,537 | -40.5% |
| Plant, machinery and equipment | 23 | €402,090 | €340,200 | -€61,891 | -15.4% |
| Furniture and vehicles | 24 | €416,271 | €355,024 | -€61,247 | -14.7% |
| Other tangible fixed assets | 26 | €10,990 | €8,733 | -€2,257 | -20.5% |
| Financial fixed assets | 28 | €711 | €711 | = | 0.0% |
| Current assets | 29/58 | €439,309 | €344,016 | -€95,293 | -21.7% |
| Stocks and contracts in progress | 3 | €110,700 | €102,009 | -€8,691 | -7.9% |
| Stocks | 30/36 | €110,700 | €102,009 | -€8,691 | -7.9% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €317,183 | €227,466 | -€89,717 | -28.3% |
| Trade receivables | 40 | €291,719 | €208,188 | -€83,531 | -28.6% |
| Other amounts receivable | 41 | €25,464 | €19,278 | -€6,186 | -24.3% |
| Cash at bank and in hand | 54/58 | €0 | €0 | = | |
| Deferred charges and accrued income | 490/1 | €11,426 | €14,541 | +€3,115 | +27.3% |
| Total equity and liabilities | 10/49 | €1,285,517 | €1,058,293 | -€227,224 | -17.7% |
| Equity | 10/15 | €230,546 | €218,601 | -€11,945 | -5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €206,163 | €191,078 | -€15,085 | -7.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,955 | €4,887 | -€5,068 | -50.9% |
| Distributable reserves | 133 | €194,349 | €184,331 | -€10,018 | -5.2% |
| Investment grants | 15 | €5,783 | €8,923 | +€3,141 | +54.3% |
| Provisions and deferred taxes | 16 | €2,489 | €1,222 | -€1,267 | -50.9% |
| Deferred taxes | 168 | €2,489 | €1,222 | -€1,267 | -50.9% |
| Amounts payable | 17/49 | €1,052,482 | €838,470 | -€214,012 | -20.3% |
| Amounts payable after more than one year | 17 | €605,233 | €477,940 | -€127,293 | -21.0% |
| Financial debts | 170/4 | €573,833 | €446,540 | -€127,293 | -22.2% |
| Other amounts payable | 178/9 | €31,400 | €31,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €446,644 | €360,354 | -€86,290 | -19.3% |
| Current portion of amounts payable after more than one year | 42 | €185,954 | €170,220 | -€15,733 | -8.5% |
| Financial debts | 43 | €49,191 | €2,680 | -€46,511 | -94.6% |
| Credit institutions | 430/8 | €49,191 | €2,680 | -€46,511 | -94.6% |
| Trade debts | 44 | €149,592 | €102,630 | -€46,962 | -31.4% |
| Suppliers | 440/4 | €149,592 | €102,630 | -€46,962 | -31.4% |
| Taxes, remuneration and social security | 45 | €20,281 | €27,908 | +€7,627 | +37.6% |
| Taxes | 450/3 | €2,172 | €3,322 | +€1,150 | +52.9% |
| Remuneration and social security | 454/9 | €18,108 | €24,585 | +€6,477 | +35.8% |
| Other amounts payable | 47/48 | €41,627 | €56,916 | +€15,289 | +36.7% |
| Accrued charges and deferred income | 492/3 | €605 | €176 | -€429 | -70.9% |
| Non-recurring operating income | 76A | €5,200 | - | -€5,200 | |
| Remuneration, social security and pensions | 62 | €211,915 | €199,319 | -€12,596 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €218,732 | €214,770 | -€3,962 | -1.8% |
| Other operating charges | 640/8 | €6,452 | €9,774 | +€3,322 | +51.5% |
| Gross operating margin | 9900 | €419,883 | €438,924 | +€19,041 | +4.5% |
| Operating profit (loss) | 9901 | -€17,216 | €15,062 | +€32,278 | |
| Financial income | 75/76B | €2,891 | €4,031 | +€1,141 | +39.5% |
| Recurring financial income | 75 | €2,891 | €4,031 | +€1,141 | +39.5% |
| Financial charges | 65/66B | €20,050 | €19,947 | -€102 | -0.5% |
| Recurring financial charges | 65 | €20,050 | €19,947 | -€102 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | -€34,375 | -€854 | +€33,521 | +97.5% |
| Transfer from deferred taxes | 780 | €1,267 | €1,267 | = | 0.0% |
| Income taxes | 67/77 | - | €498 | +€498 | |
| Profit (loss) for the period | 9904 | -€33,108 | -€85 | +€33,022 | +99.7% |
| Transfer from tax-exempt reserves | 789 | €5,068 | €5,068 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,040 | €4,982 | +€33,022 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.