A.A. COOL - TECH: 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
A.A. COOL - TECH
NACE 27.900, Manufacture of electrical equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€460,007
2024 · €510,637-€50,630
Equity
€3.5m
2024 · €3.0m+€460,007
Cash
€1.9m
2024 · €113,441+€1.8m
Balance sheet total
€3.7m
2024 · €3.3m+€380,397
Largest movements
Assets
- Cash +€1.8m
up €1.8m (+1609.2%), from €113,441 to €1.9m
mainly Current investments (+€1.4m) and Net result for the year (+€460,007)
- Current investments -€1.4m
down €1.4m (-52.0%), from €2.8m to €1.3m
Equity and liabilities
- Reserves +€460,007
up €460,007 (+15.3%), from €3.0m to €3.5m
- Tax, wage and social debts -€40,443
down €40,443 (-42.4%), from €95,429 to €54,985
of which Taxes: -€37,721
Income statement
- Gross operating margin -€171,372
down €171,372 (-18.3%), from €937,376 to €766,004
- Staff costs -€45,636
down €45,636 (-31.2%), from €146,456 to €100,820
- Financial income +€44,724
up €44,724 (+1945.3%), from €2,299 to €47,023
- Taxes -€23,637
down €23,637 (-9.9%), from €239,218 to €215,581
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
€510,637
Gross operating margin
-€171,372
Staff costs
+€45,636
Depreciation
+€5,203
Other operating charges
+€3,395
Financial income
+€44,724
Financial charges
-€1,853
Taxes
+€23,637
Result 2025
€460,007
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
+€430,692
Investment
+€1.4m
Financing
-€35,220
Cash 2024
€113,441
From operations (derived)
+€430,692
Net result for the year
+€460,007
Depreciation
+€25,548
Stocks and contracts
+€14,755
Receivables within one year
-€28,698
Smaller working-capital items
+€4,365
Trade debts
-€14,757
Tax, wage and social debts
-€40,443
Other debts
+€9,915
Investment (derived)
+€1.4m
Current investments
+€1.4m
Financing
-€35,220
Debts after one year
-€33,627
Current portion of long-term debt
-€1,593
Cash 2025
€1.9m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,346,483 | €3,726,880 | +€380,397 | +11.4% |
| Fixed assets | 21/28 | €383,442 | €357,894 | -€25,548 | -6.7% |
| Tangible fixed assets | 22/27 | €383,442 | €357,894 | -€25,548 | -6.7% |
| Land and buildings | 22 | €347,402 | €332,537 | -€14,865 | -4.3% |
| Furniture and vehicles | 24 | €36,040 | €25,357 | -€10,683 | -29.6% |
| Current assets | 29/58 | €2,963,041 | €3,368,986 | +€405,946 | +13.7% |
| Stocks and contracts in progress | 3 | €26,594 | €11,838 | -€14,755 | -55.5% |
| Stocks | 30/36 | €26,594 | €11,838 | -€14,755 | -55.5% |
| Amounts receivable within one year | 40/41 | €67,902 | €96,600 | +€28,698 | +42.3% |
| Trade receivables | 40 | €44,061 | €82,750 | +€38,689 | +87.8% |
| Other amounts receivable | 41 | €23,841 | €13,850 | -€9,991 | -41.9% |
| Current investments | 50/53 | €2,751,635 | €1,321,635 | -€1.4m | -52.0% |
| Cash at bank and in hand | 54/58 | €113,441 | €1,938,913 | +€1.8m | +1609.2% |
| Deferred charges and accrued income | 490/1 | €3,469 | - | -€3,469 | |
| Total equity and liabilities | 10/49 | €3,346,483 | €3,726,880 | +€380,397 | +11.4% |
| Equity | 10/15 | €3,044,632 | €3,504,639 | +€460,007 | +15.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €18,924 | €18,924 | = | 0.0% |
| Reserves | 13 | €3,006,401 | €3,466,408 | +€460,007 | +15.3% |
| Distributable reserves | 133 | €3,006,401 | €3,466,408 | +€460,007 | +15.3% |
| Profit (loss) carried forward | 14 | €714 | €714 | = | 0.0% |
| Amounts payable | 17/49 | €301,851 | €222,241 | -€79,610 | -26.4% |
| Amounts payable after more than one year | 17 | €57,035 | €23,408 | -€33,627 | -59.0% |
| Financial debts | 170/4 | €57,035 | €23,408 | -€33,627 | -59.0% |
| Amounts payable within one year | 42/48 | €242,461 | €195,582 | -€46,878 | -19.3% |
| Current portion of amounts payable after more than one year | 42 | €35,220 | €33,627 | -€1,593 | -4.5% |
| Trade debts | 44 | €81,318 | €66,561 | -€14,757 | -18.1% |
| Suppliers | 440/4 | €81,318 | €66,561 | -€14,757 | -18.1% |
| Taxes, remuneration and social security | 45 | €95,429 | €54,985 | -€40,443 | -42.4% |
| Taxes | 450/3 | €90,578 | €52,858 | -€37,721 | -41.6% |
| Remuneration and social security | 454/9 | €4,850 | €2,128 | -€2,723 | -56.1% |
| Other amounts payable | 47/48 | €30,494 | €40,409 | +€9,915 | +32.5% |
| Accrued charges and deferred income | 492/3 | €2,354 | €3,251 | +€896 | +38.1% |
| Non-recurring operating income | 76A | €111,166 | - | -€111,166 | |
| Remuneration, social security and pensions | 62 | €146,456 | €100,820 | -€45,636 | -31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,751 | €25,548 | -€5,203 | -16.9% |
| Other operating charges | 640/8 | €7,393 | €3,997 | -€3,395 | -45.9% |
| Gross operating margin | 9900 | €937,376 | €766,004 | -€171,372 | -18.3% |
| Operating profit (loss) | 9901 | €752,777 | €635,639 | -€117,138 | -15.6% |
| Financial income | 75/76B | €2,299 | €47,023 | +€44,724 | +1945.3% |
| Recurring financial income | 75 | €2,299 | €47,023 | +€44,724 | +1945.3% |
| Financial charges | 65/66B | €5,221 | €7,074 | +€1,853 | +35.5% |
| Recurring financial charges | 65 | €5,221 | €7,074 | +€1,853 | +35.5% |
| Profit (loss) for the period before taxes | 9903 | €749,855 | €675,588 | -€74,267 | -9.9% |
| Income taxes | 67/77 | €239,218 | €215,581 | -€23,637 | -9.9% |
| Profit (loss) for the period | 9904 | €510,637 | €460,007 | -€50,630 | -9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €510,637 | €460,007 | -€50,630 | -9.9% |
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 4 October 2026 via checked.be.