AREA REFRIGERATION: 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.
AREA REFRIGERATION
Largest movements
- Cash +€44,163
up €44,163 (+81.4%), from €54,253 to €98,416
mainly Trade debts (+€33,148) and Receivables within one year (+€28,514)
- Receivables within one year -€28,514
down €28,514 (-51.6%), from €55,217 to €26,703
of which Trade receivables: -€38,168
- Tangible fixed assets +€27,186
up €27,186 (+109%), from €24,947 to €52,133
- Stocks and contracts +€2,649
up €2,649 (+20.4%), from €12,983 to €15,632
- Deferred charges and accrued income +€2,155
new in 2025: €2,155
- Trade debts +€33,148
up €33,148 (+390%), from €8,507 to €41,655
- Other debts +€15,385
up €15,385 (+3,335%), from €461 to €15,847
- Tax, wage and social debts -€14,461
down €14,461 (-70.1%), from €20,642 to €6,181
of which Taxes: -€15,572
- Profit (loss) carried forward +€13,568
up €13,568 (+13.1%), from €103,694 to €117,262
- Gross operating margin -€43,033
down €43,033 (-47.3%), from €90,898 to €47,865
- Taxes -€15,805
down €15,805 (-81.1%), from €19,495 to €3,690
- Depreciation +€5,316
up €5,316 (+79.9%), from €6,657 to €11,973
- Staff costs +€4,657
up €4,657 (+38.7%), from €12,035 to €16,692
- Financial charges -€1,014
down €1,014 (-84.8%), from €1,195 to €182
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 | €147,565 | €195,205 | +€47,640 | +32.3% |
| Fixed assets | 21/28 | €25,112 | €52,298 | +€27,186 | +108% |
| Tangible fixed assets | 22/27 | €24,947 | €52,133 | +€27,186 | +109% |
| Furniture and vehicles | 24 | €24,947 | €52,133 | +€27,186 | +109% |
| Financial fixed assets | 28 | €165 | €165 | = | 0.0% |
| Current assets | 29/58 | €122,453 | €142,907 | +€20,454 | +16.7% |
| Stocks and contracts in progress | 3 | €12,983 | €15,632 | +€2,649 | +20.4% |
| Stocks | 30/36 | €12,983 | €15,632 | +€2,649 | +20.4% |
| Amounts receivable within one year | 40/41 | €55,217 | €26,703 | -€28,514 | -51.6% |
| Trade receivables | 40 | €46,301 | €8,132 | -€38,168 | -82.4% |
| Other amounts receivable | 41 | €8,917 | €18,571 | +€9,654 | +108% |
| Cash at bank and in hand | 54/58 | €54,253 | €98,416 | +€44,163 | +81.4% |
| Deferred charges and accrued income | 490/1 | - | €2,155 | +€2,155 | |
| Total equity and liabilities | 10/49 | €147,565 | €195,205 | +€47,640 | +32.3% |
| Equity | 10/15 | €117,954 | €131,522 | +€13,568 | +11.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 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% |
| Profit (loss) carried forward | 14 | €103,694 | €117,262 | +€13,568 | +13.1% |
| Amounts payable | 17/49 | €29,611 | €63,683 | +€34,072 | +115% |
| Amounts payable within one year | 42/48 | €29,611 | €63,683 | +€34,072 | +115% |
| Trade debts | 44 | €8,507 | €41,655 | +€33,148 | +390% |
| Suppliers | 440/4 | €8,507 | €41,655 | +€33,148 | +390% |
| Taxes, remuneration and social security | 45 | €20,642 | €6,181 | -€14,461 | -70.1% |
| Taxes | 450/3 | €19,495 | €3,924 | -€15,572 | -79.9% |
| Remuneration and social security | 454/9 | €1,147 | €2,257 | +€1,111 | +96.9% |
| Other amounts payable | 47/48 | €461 | €15,847 | +€15,385 | +3,335% |
| Remuneration, social security and pensions | 62 | €12,035 | €16,692 | +€4,657 | +38.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,657 | €11,973 | +€5,316 | +79.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,551 | €1,761 | +€210 | +13.5% |
| Gross operating margin | 9900 | €90,898 | €47,865 | -€43,033 | -47.3% |
| Operating profit (loss) | 9901 | €70,655 | €17,439 | -€53,216 | -75.3% |
| Financial income | 75/76B | €248 | €1 | -€247 | -99.8% |
| Recurring financial income | 75 | €248 | €1 | -€247 | -99.8% |
| Financial charges | 65/66B | €1,195 | €182 | -€1,014 | -84.8% |
| Recurring financial charges | 65 | €1,195 | €182 | -€1,014 | -84.8% |
| Profit (loss) for the period before taxes | 9903 | €69,707 | €17,258 | -€52,449 | -75.2% |
| Income taxes | 67/77 | €19,495 | €3,690 | -€15,805 | -81.1% |
| Profit (loss) for the period | 9904 | €50,212 | €13,568 | -€36,644 | -73.0% |
| Profit (loss) for the period to be appropriated | 9905 | €50,212 | €13,568 | -€36,644 | -73.0% |
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 25 October 2026 via checked.be.