B-COOL: 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.
B-COOL
Largest movements
- Current investments +€1.1m
up €1.1m (+323%), from €333,434 to €1.4m
- Cash -€765,051
down €765,051 (-59.8%), from €1.3m to €514,801
mainly Current investments (-€1.1m) and Stocks and contracts (-€199,739)
- Stocks and contracts +€199,739
up €199,739 (+1,560%), from €12,800 to €212,539
- Receivables within one year +€145,725
up €145,725 (+73.8%), from €197,379 to €343,103
of which Trade receivables: +€143,957
- Tangible fixed assets -€32,414
down €32,414 (-4.3%), from €757,381 to €724,966
of which Land and buildings: -€39,173
- Profit (loss) carried forward +€504,902
up €504,902 (+253%), from €199,321 to €704,222
- Reserves +€357,850
up €357,850 (+25.0%), from €1.4m to €1.8m
of which Tax-exempt reserves: +€357,850
- Accrued charges and deferred income -€102,000
no longer reported in 2025 (was €102,000)
- Debts after one year -€45,922
down €45,922 (-10.6%), from €432,295 to €386,373
- Gross operating margin +€493,243
up €493,243 (+52.3%), from €942,924 to €1.4m
- Write-downs -€199,641
down €199,641, from €99,733 to -€99,908
- Taxes +€129,974
up €129,974 (+82.4%), from €157,718 to €287,692
- Staff costs +€45,059
up €45,059 (+15.4%), from €292,886 to €337,945
- Financial income +€26,177
up €26,177 (+63.5%), from €41,195 to €67,373
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 | €2,606,242 | €3,239,249 | +€633,007 | +24.3% |
| Fixed assets | 21/28 | €757,381 | €724,966 | -€32,414 | -4.3% |
| Tangible fixed assets | 22/27 | €757,381 | €724,966 | -€32,414 | -4.3% |
| Land and buildings | 22 | €653,529 | €614,356 | -€39,173 | -6.0% |
| Plant, machinery and equipment | 23 | €34,834 | €33,261 | -€1,573 | -4.5% |
| Furniture and vehicles | 24 | €57,584 | €74,415 | +€16,832 | +29.2% |
| Leasing and similar rights | 25 | €11,434 | €2,934 | -€8,500 | -74.3% |
| Current assets | 29/58 | €1,848,861 | €2,514,282 | +€665,421 | +36.0% |
| Stocks and contracts in progress | 3 | €12,800 | €212,539 | +€199,739 | +1,560% |
| Stocks | 30/36 | €12,800 | €212,539 | +€199,739 | +1,560% |
| Amounts receivable within one year | 40/41 | €197,379 | €343,103 | +€145,725 | +73.8% |
| Trade receivables | 40 | €181,568 | €325,525 | +€143,957 | +79.3% |
| Other amounts receivable | 41 | €15,810 | €17,579 | +€1,768 | +11.2% |
| Current investments | 50/53 | €333,434 | €1,410,986 | +€1.1m | +323% |
| Cash at bank and in hand | 54/58 | €1,279,852 | €514,801 | -€765,051 | -59.8% |
| Deferred charges and accrued income | 490/1 | €25,396 | €32,852 | +€7,456 | +29.4% |
| Total equity and liabilities | 10/49 | €2,606,242 | €3,239,249 | +€633,007 | +24.3% |
| Equity | 10/15 | €1,643,429 | €2,506,181 | +€862,752 | +52.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,431,708 | €1,789,558 | +€357,850 | +25.0% |
| Tax-exempt reserves | 132 | €37,500 | €395,350 | +€357,850 | +954% |
| Distributable reserves | 133 | €1,394,208 | €1,394,208 | = | 0.0% |
| Profit (loss) carried forward | 14 | €199,321 | €704,222 | +€504,902 | +253% |
| Amounts payable | 17/49 | €962,813 | €733,068 | -€229,745 | -23.9% |
| Amounts payable after more than one year | 17 | €432,295 | €386,373 | -€45,922 | -10.6% |
| Financial debts | 170/4 | €432,295 | €386,373 | -€45,922 | -10.6% |
| Amounts payable within one year | 42/48 | €428,517 | €346,695 | -€81,823 | -19.1% |
| Current portion of amounts payable after more than one year | 42 | €195,160 | €175,293 | -€19,867 | -10.2% |
| Trade debts | 44 | €84,161 | €52,728 | -€31,433 | -37.3% |
| Suppliers | 440/4 | €84,161 | €52,728 | -€31,433 | -37.3% |
| Taxes, remuneration and social security | 45 | €147,021 | €118,274 | -€28,747 | -19.6% |
| Taxes | 450/3 | €121,632 | €96,580 | -€25,052 | -20.6% |
| Remuneration and social security | 454/9 | €25,389 | €21,694 | -€3,695 | -14.6% |
| Other amounts payable | 47/48 | €2,176 | €400 | -€1,775 | -81.6% |
| Accrued charges and deferred income | 492/3 | €102,000 | - | -€102,000 | |
| Remuneration, social security and pensions | 62 | €292,886 | €337,945 | +€45,059 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,552 | €91,984 | +€10,432 | +12.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €99,733 | -€99,908 | -€199,641 | |
| Other operating charges | 640/8 | €8,449 | €10,739 | +€2,291 | +27.1% |
| Gross operating margin | 9900 | €942,924 | €1,436,167 | +€493,243 | +52.3% |
| Operating profit (loss) | 9901 | €460,304 | €1,095,408 | +€635,103 | +138% |
| Financial income | 75/76B | €41,195 | €67,373 | +€26,177 | +63.5% |
| Recurring financial income | 75 | €41,195 | €67,373 | +€26,177 | +63.5% |
| Financial charges | 65/66B | €11,506 | €12,336 | +€830 | +7.2% |
| Recurring financial charges | 65 | €11,506 | €12,336 | +€830 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €489,993 | €1,150,444 | +€660,450 | +135% |
| Income taxes | 67/77 | €157,718 | €287,692 | +€129,974 | +82.4% |
| Profit (loss) for the period | 9904 | €332,275 | €862,752 | +€530,476 | +160% |
| Transfer from tax-exempt reserves | 789 | €21,259 | - | -€21,259 | |
| Transfer to tax-exempt reserves | 689 | - | €357,850 | +€357,850 | |
| Profit (loss) for the period to be appropriated | 9905 | €353,534 | €504,902 | +€151,367 | +42.8% |
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 15 October 2026 via checked.be.