ARCooling: 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.
ARCooling
Largest movements
- Receivables within one year -€74,997
down €74,997 (-50.9%), from €147,375 to €72,377
of which Trade receivables: -€67,052
- Deferred charges and accrued income +€20,316
up €20,316 (+96.7%), from €21,009 to €41,325
- Cash -€13,600
down €13,600 (-60.0%), from €22,659 to €9,059
mainly Contributions, distributions and other (-€38,757) and Net result for the year (-€30,658)
- Stocks and contracts +€10,815
up €10,815 (+28.0%), from €38,680 to €49,495
- Tangible fixed assets -€6,297
down €6,297 (-35.0%), from €17,986 to €11,689
of which Leasing and similar rights: -€6,230
- Profit (loss) carried forward -€69,415
down €69,415 (-91.6%), from €75,805 to €6,390
- Current portion of long-term debt +€7,748
up €7,748 (+33.7%), from €23,002 to €30,751
- Tax, wage and social debts -€6,665
down €6,665 (-30.3%), from €22,025 to €15,360
of which Taxes: -€6,710
- Trade debts +€3,547
up €3,547 (+6.9%), from €51,568 to €55,115
- Gross operating margin -€138,560
down €138,560 (-76.2%), from €181,755 to €43,195
- Taxes -€28,632
down €28,632, from €21,061 to -€7,571
- Other operating charges -€19,471
down €19,471 (-76.6%), from €25,403 to €5,932
- Staff costs +€14,479
up €14,479 (+28.9%), from €50,046 to €64,525
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 | €247,709 | €183,946 | -€63,763 | -25.7% |
| Fixed assets | 21/28 | €17,986 | €11,689 | -€6,297 | -35.0% |
| Tangible fixed assets | 22/27 | €17,986 | €11,689 | -€6,297 | -35.0% |
| Plant, machinery and equipment | 23 | €502 | €1,105 | +€603 | +120.0% |
| Furniture and vehicles | 24 | €1,976 | €1,502 | -€475 | -24.0% |
| Leasing and similar rights | 25 | €13,854 | €7,624 | -€6,230 | -45.0% |
| Other tangible fixed assets | 26 | €1,654 | €1,459 | -€194 | -11.7% |
| Current assets | 29/58 | €229,723 | €172,256 | -€57,466 | -25.0% |
| Stocks and contracts in progress | 3 | €38,680 | €49,495 | +€10,815 | +28.0% |
| Stocks | 30/36 | €38,680 | €49,495 | +€10,815 | +28.0% |
| Amounts receivable within one year | 40/41 | €147,375 | €72,377 | -€74,997 | -50.9% |
| Trade receivables | 40 | €94,530 | €27,478 | -€67,052 | -70.9% |
| Other amounts receivable | 41 | €52,845 | €44,900 | -€7,945 | -15.0% |
| Cash at bank and in hand | 54/58 | €22,659 | €9,059 | -€13,600 | -60.0% |
| Deferred charges and accrued income | 490/1 | €21,009 | €41,325 | +€20,316 | +96.7% |
| Total equity and liabilities | 10/49 | €247,709 | €183,946 | -€63,763 | -25.7% |
| Equity | 10/15 | €85,805 | €16,390 | -€69,415 | -80.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,805 | €6,390 | -€69,415 | -91.6% |
| Amounts payable | 17/49 | €161,903 | €167,556 | +€5,652 | +3.5% |
| Amounts payable after more than one year | 17 | €62,717 | €63,267 | +€550 | +0.9% |
| Financial debts | 170/4 | €62,717 | €63,267 | +€550 | +0.9% |
| Amounts payable within one year | 42/48 | €96,971 | €101,226 | +€4,256 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €23,002 | €30,751 | +€7,748 | +33.7% |
| Financial debts | 43 | €375 | - | -€375 | |
| Credit institutions | 430/8 | €375 | - | -€375 | |
| Trade debts | 44 | €51,568 | €55,115 | +€3,547 | +6.9% |
| Suppliers | 440/4 | €51,568 | €55,115 | +€3,547 | +6.9% |
| Taxes, remuneration and social security | 45 | €22,025 | €15,360 | -€6,665 | -30.3% |
| Taxes | 450/3 | €21,146 | €14,437 | -€6,710 | -31.7% |
| Remuneration and social security | 454/9 | €879 | €924 | +€45 | +5.1% |
| Accrued charges and deferred income | 492/3 | €2,216 | €3,063 | +€847 | +38.2% |
| Remuneration, social security and pensions | 62 | €50,046 | €64,525 | +€14,479 | +28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,520 | €4,259 | -€261 | -5.8% |
| Other operating charges | 640/8 | €25,403 | €5,932 | -€19,471 | -76.6% |
| Non-recurring operating charges | 66A | €427 | €1,397 | +€970 | +227.4% |
| Gross operating margin | 9900 | €181,755 | €43,195 | -€138,560 | -76.2% |
| Operating profit (loss) | 9901 | €101,359 | -€32,918 | -€134,277 | |
| Financial income | 75/76B | €43 | €22 | -€21 | -49.0% |
| Recurring financial income | 75 | €43 | €22 | -€21 | -49.0% |
| Financial charges | 65/66B | €5,266 | €5,332 | +€66 | +1.3% |
| Recurring financial charges | 65 | €5,266 | €5,332 | +€66 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €96,136 | -€38,229 | -€134,365 | |
| Income taxes | 67/77 | €21,061 | -€7,571 | -€28,632 | |
| Profit (loss) for the period | 9904 | €75,075 | -€30,658 | -€105,732 | |
| Profit (loss) for the period to be appropriated | 9905 | €75,075 | -€30,658 | -€105,732 |
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 10 October 2026 via checked.be.