AIRCOOLED IMPORT: 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.
AIRCOOLED IMPORT
Largest movements
- Receivables within one year -€211,917
down €211,917 (-43.6%), from €486,089 to €274,172
of which Trade receivables: -€156,455
- Receivables after one year +€129,027
new in 2025: €129,027
- Stocks and contracts -€121,973
down €121,973 (-59.5%), from €204,894 to €82,921
- Cash -€82,723
down €82,723 (-62.9%), from €131,557 to €48,834
mainly Net result for the year (-€143,558) and Debts after one year (-€132,513)
- Tangible fixed assets -€19,677
down €19,677 (-32.5%), from €60,458 to €40,781
of which Furniture and vehicles: -€18,416
- Profit (loss) carried forward -€143,558
down €143,558 (-42.6%), from €336,926 to €193,368
- Debts after one year -€132,513
down €132,513 (-100%), from €132,513 to €0
of which Other amounts payable: -€130,000
- Short-term financial debts +€125,000
up €125,000 (+83.3%), from €150,000 to €275,000
- Trade debts -€121,688
down €121,688 (-57.9%), from €210,039 to €88,351
- Current portion of long-term debt -€16,007
down €16,007 (-86.4%), from €18,520 to €2,513
- Gross operating margin -€103,148
down €103,148 (-2,175%), from -€4,743 to -€107,891
- Financial charges -€4,906
down €4,906 (-35.1%), from €13,969 to €9,063
- Other operating charges +€4,850
up €4,850 (+519%), from €934 to €5,784
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 | €886,508 | €580,029 | -€306,479 | -34.6% |
| Fixed assets | 21/28 | €61,108 | €41,431 | -€19,677 | -32.2% |
| Tangible fixed assets | 22/27 | €60,458 | €40,781 | -€19,677 | -32.5% |
| Plant, machinery and equipment | 23 | - | €478 | +€478 | |
| Furniture and vehicles | 24 | €50,638 | €32,222 | -€18,416 | -36.4% |
| Other tangible fixed assets | 26 | €9,820 | €8,080 | -€1,740 | -17.7% |
| Financial fixed assets | 28 | €650 | €650 | = | 0.0% |
| Current assets | 29/58 | €825,400 | €538,598 | -€286,802 | -34.7% |
| Amounts receivable after more than one year | 29 | - | €129,027 | +€129,027 | |
| Other amounts receivable | 291 | - | €129,027 | +€129,027 | |
| Stocks and contracts in progress | 3 | €204,894 | €82,921 | -€121,973 | -59.5% |
| Stocks | 30/36 | €204,894 | €82,921 | -€121,973 | -59.5% |
| Amounts receivable within one year | 40/41 | €486,089 | €274,172 | -€211,917 | -43.6% |
| Trade receivables | 40 | €360,921 | €204,467 | -€156,455 | -43.3% |
| Other amounts receivable | 41 | €125,167 | €69,705 | -€55,462 | -44.3% |
| Cash at bank and in hand | 54/58 | €131,557 | €48,834 | -€82,723 | -62.9% |
| Deferred charges and accrued income | 490/1 | €2,860 | €3,644 | +€784 | +27.4% |
| Total equity and liabilities | 10/49 | €886,508 | €580,029 | -€306,479 | -34.6% |
| Equity | 10/15 | €357,009 | €213,451 | -€143,558 | -40.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,533 | €1,533 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,533 | €1,533 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,533 | €1,533 | = | 0.0% |
| Profit (loss) carried forward | 14 | €336,926 | €193,368 | -€143,558 | -42.6% |
| Amounts payable | 17/49 | €529,499 | €366,579 | -€162,920 | -30.8% |
| Amounts payable after more than one year | 17 | €132,513 | €0 | -€132,513 | -100% |
| Financial debts | 170/4 | €2,513 | €0 | -€2,513 | -100% |
| Other amounts payable | 178/9 | €130,000 | €0 | -€130,000 | -100% |
| Amounts payable within one year | 42/48 | €396,986 | €366,579 | -€30,407 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €18,520 | €2,513 | -€16,007 | -86.4% |
| Financial debts | 43 | €150,000 | €275,000 | +€125,000 | +83.3% |
| Credit institutions | 430/8 | €150,000 | €275,000 | +€125,000 | +83.3% |
| Trade debts | 44 | €210,039 | €88,351 | -€121,688 | -57.9% |
| Suppliers | 440/4 | €210,039 | €88,351 | -€121,688 | -57.9% |
| Taxes, remuneration and social security | 45 | €3,971 | €714 | -€3,257 | -82.0% |
| Taxes | 450/3 | €3,971 | €714 | -€3,257 | -82.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €14,455 | €0 | -€14,455 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €15,351 | €0 | -€15,351 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,739 | €20,394 | -€344 | -1.7% |
| Other operating charges | 640/8 | €934 | €5,784 | +€4,850 | +519% |
| Gross operating margin | 9900 | -€4,743 | -€107,891 | -€103,148 | -2,175% |
| Operating profit (loss) | 9901 | -€26,416 | -€134,069 | -€107,653 | -408% |
| Financial income | 75/76B | €0 | €2 | +€2 | +20,000% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +20,000% |
| Financial charges | 65/66B | €13,969 | €9,063 | -€4,906 | -35.1% |
| Recurring financial charges | 65 | €13,969 | €9,063 | -€4,906 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | -€40,384 | -€143,130 | -€102,745 | -254% |
| Income taxes | 67/77 | €295 | €429 | +€134 | +45.4% |
| Profit (loss) for the period | 9904 | -€40,679 | -€143,558 | -€102,879 | -253% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,679 | -€143,558 | -€102,879 | -253% |
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 20 October 2026 via checked.be.