CHRIS 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.
CHRIS COOL
Largest movements
- Stocks and contracts +€20,570
up €20,570 (+334.2%), from €6,155 to €26,725
- Cash +€14,838
up €14,838 (+88.3%), from €16,802 to €31,640
mainly Trade debts (+€23,606) and Net result for the year (+€9,355)
- Receivables within one year -€5,488
down €5,488 (-9.2%), from €59,867 to €54,379
of which Trade receivables: -€6,353
- Trade debts +€23,606
up €23,606 (+277.2%), from €8,517 to €32,124
- Profit (loss) carried forward +€8,522
up €8,522 (+15.5%), from €54,891 to €63,412
- Debts after one year -€5,242
down €5,242 (-62.2%), from €8,433 to €3,191
- Other debts +€3,638
up €3,638 (+21.7%), from €16,739 to €20,377
- Advances received -€1,359
no longer reported in 2025 (was €1,359)
- Gross operating margin -€37,718
down €37,718 (-45.7%), from €82,596 to €44,878
- Taxes -€9,703
down €9,703 (-74.0%), from €13,107 to €3,404
- Depreciation -€1,814
down €1,814 (-23.4%), from €7,758 to €5,944
- Staff costs +€1,550
up €1,550 (+6.6%), from €23,580 to €25,130
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 | €104,710 | €134,559 | +€29,849 | +28.5% |
| Fixed assets | 21/28 | €20,552 | €20,422 | -€129 | -0.6% |
| Tangible fixed assets | 22/27 | €20,347 | €20,217 | -€129 | -0.6% |
| Plant, machinery and equipment | 23 | - | €4,141 | +€4,141 | |
| Furniture and vehicles | 24 | €20,347 | €16,077 | -€4,270 | -21.0% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €84,159 | €114,136 | +€29,978 | +35.6% |
| Stocks and contracts in progress | 3 | €6,155 | €26,725 | +€20,570 | +334.2% |
| Stocks | 30/36 | €6,155 | €26,725 | +€20,570 | +334.2% |
| Amounts receivable within one year | 40/41 | €59,867 | €54,379 | -€5,488 | -9.2% |
| Trade receivables | 40 | €55,136 | €48,783 | -€6,353 | -11.5% |
| Other amounts receivable | 41 | €4,731 | €5,596 | +€864 | +18.3% |
| Cash at bank and in hand | 54/58 | €16,802 | €31,640 | +€14,838 | +88.3% |
| Deferred charges and accrued income | 490/1 | €1,334 | €1,393 | +€58 | +4.4% |
| Total equity and liabilities | 10/49 | €104,710 | €134,559 | +€29,849 | +28.5% |
| Equity | 10/15 | €57,891 | €66,412 | +€8,522 | +14.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,891 | €63,412 | +€8,522 | +15.5% |
| Amounts payable | 17/49 | €46,820 | €68,146 | +€21,327 | +45.6% |
| Amounts payable after more than one year | 17 | €8,433 | €3,191 | -€5,242 | -62.2% |
| Financial debts | 170/4 | €8,433 | €3,191 | -€5,242 | -62.2% |
| Amounts payable within one year | 42/48 | €37,316 | €63,726 | +€26,409 | +70.8% |
| Current portion of amounts payable after more than one year | 42 | €4,969 | €5,242 | +€274 | +5.5% |
| Trade debts | 44 | €8,517 | €32,124 | +€23,606 | +277.2% |
| Suppliers | 440/4 | €8,517 | €32,124 | +€23,606 | +277.2% |
| Advances received on contracts in progress | 46 | €1,359 | - | -€1,359 | |
| Taxes, remuneration and social security | 45 | €5,732 | €5,982 | +€251 | +4.4% |
| Taxes | 450/3 | €100 | €100 | = | 0.0% |
| Remuneration and social security | 454/9 | €5,632 | €5,882 | +€251 | +4.5% |
| Other amounts payable | 47/48 | €16,739 | €20,377 | +€3,638 | +21.7% |
| Accrued charges and deferred income | 492/3 | €1,070 | €1,230 | +€160 | +14.9% |
| Remuneration, social security and pensions | 62 | €23,580 | €25,130 | +€1,550 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,758 | €5,944 | -€1,814 | -23.4% |
| Other operating charges | 640/8 | €610 | €860 | +€250 | +41.1% |
| Non-recurring operating charges | 66A | - | €175 | +€175 | |
| Gross operating margin | 9900 | €82,596 | €44,878 | -€37,718 | -45.7% |
| Operating profit (loss) | 9901 | €50,648 | €12,769 | -€37,880 | -74.8% |
| Financial income | 75/76B | €2,143 | €2,220 | +€77 | +3.6% |
| Recurring financial income | 75 | €2,143 | €2,220 | +€77 | +3.6% |
| Financial charges | 65/66B | €2,248 | €2,230 | -€19 | -0.8% |
| Recurring financial charges | 65 | €2,248 | €2,230 | -€19 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €50,543 | €12,758 | -€37,784 | -74.8% |
| Income taxes | 67/77 | €13,107 | €3,404 | -€9,703 | -74.0% |
| Profit (loss) for the period | 9904 | €37,436 | €9,355 | -€28,081 | -75.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,436 | €9,355 | -€28,081 | -75.0% |
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 12 October 2026 via checked.be.