2D COOL: 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.
2D COOL
Largest movements
- Receivables within one year -€68,724
down €68,724 (-68.8%), from €99,824 to €31,100
of which Trade receivables: -€77,915
- Tangible fixed assets -€16,088
down €16,088 (-4.1%), from €390,851 to €374,762
of which Furniture and vehicles: -€17,935
- Other debts -€300,140
down €300,140 (-100.0%), from €300,140 to €0
- Debts after one year +€300,000
new in 2025: €300,000
- Reserves -€63,546
down €63,546 (-6.2%), from €1.0m to €963,524
- Trade debts -€16,448
down €16,448 (-94.2%), from €17,469 to €1,021
- Gross operating margin +€26,729
up €26,729 (+28.6%), from €93,326 to €120,055
- Taxes +€18,311
up €18,311 (+136.7%), from €13,397 to €31,708
- Other operating charges -€10,677
down €10,677 (-90.7%), from €11,766 to €1,090
- Financial charges -€5,628
down €5,628 (-20.8%), from €27,074 to €21,446
- Financial income -€4,993
down €4,993 (-4.8%), from €104,860 to €99,867
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 | €1,401,095 | €1,324,226 | -€76,870 | -5.5% |
| Fixed assets | 21/28 | €1,287,653 | €1,271,565 | -€16,088 | -1.2% |
| Tangible fixed assets | 22/27 | €390,851 | €374,762 | -€16,088 | -4.1% |
| Land and buildings | 22 | €312,912 | €304,344 | -€8,568 | -2.7% |
| Furniture and vehicles | 24 | €77,938 | €60,004 | -€17,935 | -23.0% |
| Other tangible fixed assets | 26 | - | €10,415 | +€10,415 | |
| Financial fixed assets | 28 | €896,803 | €896,803 | = | 0.0% |
| Current assets | 29/58 | €113,442 | €52,660 | -€60,782 | -53.6% |
| Amounts receivable within one year | 40/41 | €99,824 | €31,100 | -€68,724 | -68.8% |
| Trade receivables | 40 | €99,812 | €21,897 | -€77,915 | -78.1% |
| Other amounts receivable | 41 | €13 | €9,203 | +€9,190 | +72252.1% |
| Cash at bank and in hand | 54/58 | €12,345 | €18,713 | +€6,368 | +51.6% |
| Deferred charges and accrued income | 490/1 | €1,273 | €2,848 | +€1,574 | +123.6% |
| Total equity and liabilities | 10/49 | €1,401,095 | €1,324,226 | -€76,870 | -5.5% |
| Equity | 10/15 | €1,045,670 | €982,124 | -€63,546 | -6.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,027,070 | €963,524 | -€63,546 | -6.2% |
| Distributable reserves | 133 | €1,027,070 | €963,524 | -€63,546 | -6.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €355,426 | €342,102 | -€13,324 | -3.7% |
| Amounts payable after more than one year | 17 | - | €300,000 | +€300,000 | |
| Other amounts payable | 178/9 | - | €300,000 | +€300,000 | |
| Amounts payable within one year | 42/48 | €335,731 | €20,862 | -€314,869 | -93.8% |
| Trade debts | 44 | €17,469 | €1,021 | -€16,448 | -94.2% |
| Suppliers | 440/4 | €17,469 | €1,021 | -€16,448 | -94.2% |
| Taxes, remuneration and social security | 45 | €18,123 | €19,841 | +€1,719 | +9.5% |
| Taxes | 450/3 | €18,123 | €19,841 | +€1,719 | +9.5% |
| Other amounts payable | 47/48 | €300,140 | €0 | -€300,140 | -100.0% |
| Accrued charges and deferred income | 492/3 | €19,694 | €21,240 | +€1,546 | +7.8% |
| Remuneration, social security and pensions | 62 | €3,483 | €0 | -€3,483 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,689 | €29,372 | +€2,684 | +10.1% |
| Other operating charges | 640/8 | €11,766 | €1,090 | -€10,677 | -90.7% |
| Gross operating margin | 9900 | €93,326 | €120,055 | +€26,729 | +28.6% |
| Operating profit (loss) | 9901 | €51,388 | €89,593 | +€38,205 | +74.3% |
| Financial income | 75/76B | €104,860 | €99,867 | -€4,993 | -4.8% |
| Recurring financial income | 75 | €104,860 | €99,867 | -€4,993 | -4.8% |
| Financial charges | 65/66B | €27,074 | €21,446 | -€5,628 | -20.8% |
| Recurring financial charges | 65 | €27,074 | €21,446 | -€5,628 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €129,175 | €168,015 | +€38,840 | +30.1% |
| Income taxes | 67/77 | €13,397 | €31,708 | +€18,311 | +136.7% |
| Profit (loss) for the period | 9904 | €115,778 | €136,307 | +€20,529 | +17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €115,778 | €136,307 | +€20,529 | +17.7% |
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 5 October 2026 via checked.be.