Bouwondernemingen Cools: 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.
What changed
Bouwondernemingen Cools
NACE 41.001, General construction of residential buildings
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€8,064
2024 · -€10,127+€2,063
Equity
€1.8m
2024 · €1.9m-€8,064
Cash
€415
2024 · €21,700-€21,285
Balance sheet total
€2.1m
2024 · €2.2m-€40,093
Largest movements
Assets
- Tangible fixed assets -€43,456
down €43,456 (-2.1%), from €2.1m to €2.1m
of which Land and buildings: -€36,203
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Gross operating margin +€6,762
up €6,762 (+10.3%), from €65,553 to €72,315
- Financial income -€4,212
down €4,212 (-95.0%), from €4,433 to €222
- Depreciation +€1,637
up €1,637 (+2.5%), from €65,535 to €67,172
- Financial charges -€1,300
down €1,300 (-19.5%), from €6,682 to €5,382
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.
Result 2024
-€10,127
Gross operating margin
+€6,762
Depreciation
-€1,637
Other operating charges
-€141
Financial income
-€4,212
Financial charges
+€1,300
Taxes
-€10
Result 2025
-€8,064
raises the resultlowers the result
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.
From operations
+€36,627
Investment
-€38,259
Financing
-€19,653
Cash 2024
€21,700
From operations (derived)
+€36,627
Net result for the year
-€8,064
Depreciation
+€67,172
Stocks and contracts
+€2,666
Receivables within one year
-€4,588
Deferred charges and accrued income
-€8,182
Trade debts
-€8,244
Tax, wage and social debts
-€2,753
Accrued charges and deferred income
-€1,381
Investment (derived)
-€38,259
Investment in fixed assets (net)
-€23,716
Current investments
-€14,543
Financing
-€19,653
Debts after one year
-€19,653
Cash 2025
€415
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,153,177 | €2,113,084 | -€40,093 | -1.9% |
| Fixed assets | 21/28 | €2,114,794 | €2,071,338 | -€43,456 | -2.1% |
| Tangible fixed assets | 22/27 | €2,106,261 | €2,062,805 | -€43,456 | -2.1% |
| Land and buildings | 22 | €2,080,224 | €2,044,021 | -€36,203 | -1.7% |
| Plant, machinery and equipment | 23 | €300 | €129 | -€171 | -57.0% |
| Furniture and vehicles | 24 | €25,737 | €18,655 | -€7,082 | -27.5% |
| Financial fixed assets | 28 | €8,533 | €8,533 | = | 0.0% |
| Current assets | 29/58 | €38,383 | €41,745 | +€3,362 | +8.8% |
| Stocks and contracts in progress | 3 | €11,169 | €8,503 | -€2,666 | -23.9% |
| Stocks | 30/36 | €8,426 | €7,790 | -€637 | -7.6% |
| Contracts in progress | 37 | €2,743 | €714 | -€2,029 | -74.0% |
| Amounts receivable within one year | 40/41 | €533 | €5,120 | +€4,588 | +861% |
| Trade receivables | 40 | €231 | €4,314 | +€4,083 | +1,766% |
| Other amounts receivable | 41 | €301 | €806 | +€505 | +168% |
| Current investments | 50/53 | €926 | €15,469 | +€14,543 | +1,570% |
| Cash at bank and in hand | 54/58 | €21,700 | €415 | -€21,285 | -98.1% |
| Deferred charges and accrued income | 490/1 | €4,055 | €12,237 | +€8,182 | +202% |
| Total equity and liabilities | 10/49 | €2,153,177 | €2,113,084 | -€40,093 | -1.9% |
| Equity | 10/15 | €1,854,234 | €1,846,170 | -€8,064 | -0.4% |
| Contributions | 10/11 | €1,150,000 | €1,150,000 | = | 0.0% |
| Capital | 10 | €1,150,000 | €1,150,000 | = | 0.0% |
| Issued capital | 100 | €1,150,000 | €1,150,000 | = | 0.0% |
| Reserves | 13 | €824,355 | €824,355 | = | 0.0% |
| Non-distributable reserves | 130/1 | €116,343 | €116,343 | = | 0.0% |
| Legal reserve | 130 | €115,000 | €115,000 | = | 0.0% |
| Other | 1319 | €1,343 | €1,343 | = | 0.0% |
| Distributable reserves | 133 | €708,012 | €708,012 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€120,121 | -€128,184 | -€8,064 | -6.7% |
| Amounts payable | 17/49 | €298,943 | €266,913 | -€32,030 | -10.7% |
| Amounts payable after more than one year | 17 | €285,185 | €265,533 | -€19,653 | -6.9% |
| Financial debts | 170/4 | €285,185 | €265,533 | -€19,653 | -6.9% |
| Amounts payable within one year | 42/48 | €11,612 | €615 | -€10,996 | -94.7% |
| Trade debts | 44 | €8,759 | €515 | -€8,244 | -94.1% |
| Suppliers | 440/4 | €8,759 | €515 | -€8,244 | -94.1% |
| Advances received on contracts in progress | 46 | €100 | €100 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,753 | - | -€2,753 | |
| Taxes | 450/3 | €2,753 | - | -€2,753 | |
| Accrued charges and deferred income | 492/3 | €2,146 | €765 | -€1,381 | -64.3% |
| Non-recurring operating income | 76A | €413 | - | -€413 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,535 | €67,172 | +€1,637 | +2.5% |
| Other operating charges | 640/8 | €7,576 | €7,717 | +€141 | +1.9% |
| Gross operating margin | 9900 | €65,553 | €72,315 | +€6,762 | +10.3% |
| Operating profit (loss) | 9901 | -€7,558 | -€2,574 | +€4,984 | +65.9% |
| Financial income | 75/76B | €4,433 | €222 | -€4,212 | -95.0% |
| Recurring financial income | 75 | €4,433 | €222 | -€4,212 | -95.0% |
| Financial charges | 65/66B | €6,682 | €5,382 | -€1,300 | -19.5% |
| Recurring financial charges | 65 | €6,682 | €5,382 | -€1,300 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | -€9,807 | -€7,734 | +€2,073 | +21.1% |
| Income taxes | 67/77 | €320 | €330 | +€10 | +3.1% |
| Profit (loss) for the period | 9904 | -€10,127 | -€8,064 | +€2,063 | +20.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,127 | -€8,064 | +€2,063 | +20.4% |
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.