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BART COOLS: 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

BART COOLS

BE 0673.627.188
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€14,401
2024 · €52,078-€37,677
Equity
€34,862
2024 · €20,461+€14,401
Cash
€9,017
2024 · €59,313-€50,297
Balance sheet total
€34,972
2024 · €83,275-€48,303

Largest movements

2024 to 2025
Assets
  • Cash -€50,297

    down €50,297 (-84.8%), from €59,313 to €9,017

    mainly Other debts (-€52,650) and Tax, wage and social debts (-€7,881)

  • Receivables within one year +€3,142

    up €3,142 (+16.5%), from €19,053 to €22,194

    of which Other amounts receivable: +€14,366

  • Deferred charges and accrued income -€890

    down €890 (-35.1%), from €2,538 to €1,648

Equity and liabilities
  • Other debts -€52,650

    no longer reported in 2025 (was €52,650)

  • Profit (loss) carried forward +€14,401

    up €14,401 (+1170794.3%), from €1 to €14,402

  • Tax, wage and social debts -€7,881

    no longer reported in 2025 (was €7,881)

  • Trade debts -€2,173

    down €2,173 (-95.2%), from €2,283 to €110

Income statement
  • Gross operating margin -€46,846

    down €46,846 (-67.6%), from €69,290 to €22,444

  • Taxes -€11,218

    down €11,218 (-71.0%), from €15,810 to €4,592

  • Financial charges +€1,688

    up €1,688 (+346.8%), from €487 to €2,175

From the 2024 result to the 2025 result

effect on the 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 €52,078
Gross operating margin -€46,846
Depreciation -€604
Other operating charges +€199
Financial income +€44
Financial charges -€1,688
Taxes +€11,218
Result 2025 €14,401

Cash bridge derived

cash 2024 to 2025

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 -€49,253
Investment -€1,043
Financing €0
Cash 2024 €59,313
Net result for the year +€14,401
Depreciation +€1,302
Receivables within one year -€3,142
Deferred charges and accrued income +€890
Trade debts -€2,173
Tax, wage and social debts -€7,881
Other debts -€52,650
Investment in fixed assets (net) -€1,043
Cash 2025 €9,017
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €83,275 €34,972 -€48,303 -58.0%
Fixed assets 21/28 €2,372 €2,113 -€259 -10.9%
Tangible fixed assets 22/27 €2,347 €2,088 -€259 -11.0%
Furniture and vehicles 24 €2,347 €2,088 -€259 -11.0%
Financial fixed assets 28 €25 €25 = 0.0%
Current assets 29/58 €80,904 €32,859 -€48,045 -59.4%
Amounts receivable within one year 40/41 €19,053 €22,194 +€3,142 +16.5%
Trade receivables 40 €11,616 €392 -€11,224 -96.6%
Other amounts receivable 41 €7,437 €21,803 +€14,366 +193.2%
Cash at bank and in hand 54/58 €59,313 €9,017 -€50,297 -84.8%
Deferred charges and accrued income 490/1 €2,538 €1,648 -€890 -35.1%
Total equity and liabilities 10/49 €83,275 €34,972 -€48,303 -58.0%
Equity 10/15 €20,461 €34,862 +€14,401 +70.4%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Distributable reserves 133 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 €1 €14,402 +€14,401 +1170794.3%
Amounts payable 17/49 €62,814 €110 -€62,704 -99.8%
Amounts payable within one year 42/48 €62,814 €110 -€62,704 -99.8%
Trade debts 44 €2,283 €110 -€2,173 -95.2%
Suppliers 440/4 €2,283 €110 -€2,173 -95.2%
Taxes, remuneration and social security 45 €7,881 - -€7,881
Taxes 450/3 €7,881 - -€7,881
Other amounts payable 47/48 €52,650 - -€52,650
Non-recurring operating income 76A - €5,161 +€5,161
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €698 €1,302 +€604 +86.6%
Other operating charges 640/8 €644 €444 -€199 -31.0%
Gross operating margin 9900 €69,290 €22,444 -€46,846 -67.6%
Operating profit (loss) 9901 €67,949 €20,698 -€47,250 -69.5%
Financial income 75/76B €426 €469 +€44 +10.3%
Recurring financial income 75 €426 €469 +€44 +10.3%
Financial charges 65/66B €487 €2,175 +€1,688 +346.8%
Recurring financial charges 65 €487 €2,175 +€1,688 +346.8%
Profit (loss) for the period before taxes 9903 €67,888 €18,993 -€48,895 -72.0%
Income taxes 67/77 €15,810 €4,592 -€11,218 -71.0%
Profit (loss) for the period 9904 €52,078 €14,401 -€37,677 -72.3%
Profit (loss) for the period to be appropriated 9905 €52,078 €14,401 -€37,677 -72.3%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.