VINCENT KOLP: 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.
VINCENT KOLP
Largest movements
- Receivables within one year +€66,341
up €66,341 (+12.9%), from €515,176 to €581,517
of which Trade receivables: +€109,667
- Cash -€28,077
down €28,077 (-72.0%), from €39,012 to €10,934
mainly Contributions, distributions and other (-€439,835) and Receivables within one year (-€66,341)
- Tangible fixed assets +€13,467
up €13,467 (+45.6%), from €29,510 to €42,977
of which Furniture and vehicles: +€13,467
- Other debts +€59,672
up €59,672 (+11.2%), from €532,121 to €591,793
- Trade debts -€11,880
down €11,880 (-38.6%), from €30,750 to €18,869
- Gross operating margin +€34,737
up €34,737 (+5.9%), from €590,566 to €625,303
- Financial charges -€12,510
down €12,510 (-26.5%), from €47,220 to €34,711
- Financial income -€10,465
down €10,465 (-85.9%), from €12,186 to €1,721
- Depreciation +€9,382
up €9,382 (+1,102%), from €852 to €10,234
- Taxes +€6,622
up €6,622 (+4.9%), from €135,470 to €142,093
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 | €586,330 | €638,372 | +€52,042 | +8.9% |
| Fixed assets | 21/28 | €29,510 | €42,977 | +€13,467 | +45.6% |
| Tangible fixed assets | 22/27 | €29,510 | €42,977 | +€13,467 | +45.6% |
| Furniture and vehicles | 24 | €29,285 | €42,752 | +€13,467 | +46.0% |
| Other tangible fixed assets | 26 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €556,821 | €595,395 | +€38,574 | +6.9% |
| Amounts receivable within one year | 40/41 | €515,176 | €581,517 | +€66,341 | +12.9% |
| Trade receivables | 40 | €471,659 | €581,326 | +€109,667 | +23.3% |
| Other amounts receivable | 41 | €43,517 | €192 | -€43,325 | -99.6% |
| Cash at bank and in hand | 54/58 | €39,012 | €10,934 | -€28,077 | -72.0% |
| Deferred charges and accrued income | 490/1 | €2,633 | €2,943 | +€310 | +11.8% |
| Total equity and liabilities | 10/49 | €586,330 | €638,372 | +€52,042 | +8.9% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Amounts payable | 17/49 | €565,870 | €617,912 | +€52,042 | +9.2% |
| Amounts payable within one year | 42/48 | €565,870 | €617,662 | +€51,792 | +9.2% |
| Trade debts | 44 | €30,750 | €18,869 | -€11,880 | -38.6% |
| Suppliers | 440/4 | €30,750 | €18,869 | -€11,880 | -38.6% |
| Taxes, remuneration and social security | 45 | €3,000 | €7,000 | +€4,000 | +133% |
| Taxes | 450/3 | €3,000 | €7,000 | +€4,000 | +133% |
| Other amounts payable | 47/48 | €532,121 | €591,793 | +€59,672 | +11.2% |
| Accrued charges and deferred income | 492/3 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €852 | €10,234 | +€9,382 | +1,102% |
| Other operating charges | 640/8 | €177 | €152 | -€24 | -13.7% |
| Gross operating margin | 9900 | €590,566 | €625,303 | +€34,737 | +5.9% |
| Operating profit (loss) | 9901 | €589,538 | €614,917 | +€25,379 | +4.3% |
| Financial income | 75/76B | €12,186 | €1,721 | -€10,465 | -85.9% |
| Recurring financial income | 75 | €12,186 | €1,721 | -€10,465 | -85.9% |
| Financial charges | 65/66B | €47,220 | €34,711 | -€12,510 | -26.5% |
| Recurring financial charges | 65 | €47,220 | €34,711 | -€12,510 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | €554,504 | €581,928 | +€27,424 | +4.9% |
| Income taxes | 67/77 | €135,470 | €142,093 | +€6,622 | +4.9% |
| Profit (loss) for the period | 9904 | €419,033 | €439,835 | +€20,802 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €419,033 | €439,835 | +€20,802 | +5.0% |
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 27 October 2026 via checked.be.