TRANSPORTS COLINET: 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.
TRANSPORTS COLINET
Largest movements
- Receivables within one year -€95,279
down €95,279 (-48.7%), from €195,472 to €100,193
of which Trade receivables: -€96,558
- Cash +€35,575
up €35,575 (+84.5%), from €42,113 to €77,688
mainly Depreciation (+€143,388) and Receivables within one year (+€95,279)
- Tangible fixed assets +€18,151
up €18,151 (+3.9%), from €464,495 to €482,646
of which Leasing and similar rights: +€26,446
- Deferred charges and accrued income +€10,809
up €10,809 (+11020.9%), from €98 to €10,907
- Current portion of long-term debt -€25,548
down €25,548 (-18.6%), from €137,109 to €111,562
- Trade debts -€24,997
down €24,997 (-23.0%), from €108,468 to €83,471
- Debts after one year +€23,344
up €23,344 (+29.3%), from €79,802 to €103,146
- Reserves +€20,551
up €20,551 (+37.9%), from €54,262 to €74,813
of which Distributable reserves: +€30,000
- Tax, wage and social debts -€12,923
down €12,923 (-15.4%), from €83,809 to €70,886
of which Remuneration and social security: -€7,278
- Gross operating margin +€19,157
up €19,157 (+4.5%), from €423,625 to €442,782
- Depreciation -€18,037
down €18,037 (-11.2%), from €161,424 to €143,388
- Other operating charges -€4,617
down €4,617 (-10.8%), from €42,931 to €38,314
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €709,195 | €678,438 | -€30,758 | -4.3% |
| Fixed assets | 21/28 | €471,299 | €489,450 | +€18,151 | +3.9% |
| Tangible fixed assets | 22/27 | €464,495 | €482,646 | +€18,151 | +3.9% |
| Plant, machinery and equipment | 23 | €2,998 | €1,306 | -€1,692 | -56.4% |
| Furniture and vehicles | 24 | €186,990 | €180,386 | -€6,603 | -3.5% |
| Leasing and similar rights | 25 | €274,507 | €300,954 | +€26,446 | +9.6% |
| Financial fixed assets | 28 | €6,804 | €6,804 | = | 0.0% |
| Current assets | 29/58 | €237,897 | €188,987 | -€48,909 | -20.6% |
| Amounts receivable within one year | 40/41 | €195,472 | €100,193 | -€95,279 | -48.7% |
| Trade receivables | 40 | €193,143 | €96,585 | -€96,558 | -50.0% |
| Other amounts receivable | 41 | €2,329 | €3,608 | +€1,279 | +54.9% |
| Current investments | 50/53 | €213 | €199 | -€14 | -6.5% |
| Cash at bank and in hand | 54/58 | €42,113 | €77,688 | +€35,575 | +84.5% |
| Deferred charges and accrued income | 490/1 | €98 | €10,907 | +€10,809 | +11020.9% |
| Total equity and liabilities | 10/49 | €709,195 | €678,438 | -€30,758 | -4.3% |
| Equity | 10/15 | €271,982 | €282,599 | +€10,617 | +3.9% |
| Contributions | 10/11 | €8,057 | €8,057 | = | 0.0% |
| Reserves | 13 | €54,262 | €74,813 | +€20,551 | +37.9% |
| Tax-exempt reserves | 132 | €54,262 | €44,813 | -€9,449 | -17.4% |
| Distributable reserves | 133 | - | €30,000 | +€30,000 | |
| Profit (loss) carried forward | 14 | €209,663 | €199,729 | -€9,934 | -4.7% |
| Provisions and deferred taxes | 16 | €10,852 | €8,963 | -€1,890 | -17.4% |
| Deferred taxes | 168 | €10,852 | €8,963 | -€1,890 | -17.4% |
| Amounts payable | 17/49 | €426,361 | €386,876 | -€39,485 | -9.3% |
| Amounts payable after more than one year | 17 | €79,802 | €103,146 | +€23,344 | +29.3% |
| Financial debts | 170/4 | €79,802 | €103,146 | +€23,344 | +29.3% |
| Amounts payable within one year | 42/48 | €346,559 | €283,730 | -€62,829 | -18.1% |
| Current portion of amounts payable after more than one year | 42 | €137,109 | €111,562 | -€25,548 | -18.6% |
| Trade debts | 44 | €108,468 | €83,471 | -€24,997 | -23.0% |
| Suppliers | 440/4 | €108,468 | €83,471 | -€24,997 | -23.0% |
| Taxes, remuneration and social security | 45 | €83,809 | €70,886 | -€12,923 | -15.4% |
| Taxes | 450/3 | €45,227 | €39,582 | -€5,645 | -12.5% |
| Remuneration and social security | 454/9 | €38,582 | €31,304 | -€7,278 | -18.9% |
| Other amounts payable | 47/48 | €17,172 | €17,811 | +€639 | +3.7% |
| Remuneration, social security and pensions | 62 | €207,464 | €209,014 | +€1,549 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €161,424 | €143,388 | -€18,037 | -11.2% |
| Other operating charges | 640/8 | €42,931 | €38,314 | -€4,617 | -10.8% |
| Gross operating margin | 9900 | €423,625 | €442,782 | +€19,157 | +4.5% |
| Operating profit (loss) | 9901 | €11,805 | €52,067 | +€40,262 | +341.1% |
| Financial income | 75/76B | €71 | €0 | -€70 | -99.5% |
| Recurring financial income | 75 | €71 | €0 | -€70 | -99.5% |
| Financial charges | 65/66B | €11,756 | €14,417 | +€2,660 | +22.6% |
| Recurring financial charges | 65 | €11,756 | €14,417 | +€2,660 | +22.6% |
| Profit (loss) for the period before taxes | 9903 | €120 | €37,650 | +€37,531 | +31396.1% |
| Transfer from deferred taxes | 780 | €1,890 | €1,890 | = | 0.0% |
| Income taxes | 67/77 | €975 | €3,924 | +€2,949 | +302.5% |
| Profit (loss) for the period | 9904 | €1,035 | €35,617 | +€34,582 | +3342.2% |
| Transfer from tax-exempt reserves | 789 | €9,449 | €9,449 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,484 | €45,066 | +€34,582 | +329.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.