COLD CHAIN MANAGEMENT: 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.
COLD CHAIN MANAGEMENT
Largest movements
- Cash -€19,879
down €19,879 (-99.4%), from €19,992 to €113
mainly Net result for the year (-€23,685) and Tax, wage and social debts (-€1,335)
- Receivables within one year -€3,045
down €3,045 (-35.0%), from €8,712 to €5,667
of which Other amounts receivable: -€3,045
- Tangible fixed assets -€2,115
down €2,115 (-46.6%), from €4,543 to €2,428
- Profit (loss) carried forward -€23,685
down €23,685 (-91.5%), from €25,893 to €2,208
- Tax, wage and social debts -€1,335
no longer reported in 2025 (was €1,335)
- Gross operating margin -€23,095
down €23,095, from €2,459 to -€20,637
- Other operating charges +€767
up €767 (+2,130%), from €36 to €803
- Depreciation +€313
up €313 (+17.4%), from €1,802 to €2,115
- Taxes -€233
no longer reported in 2025 (was €233)
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 | €33,247 | €8,208 | -€25,039 | -75.3% |
| Fixed assets | 21/28 | €4,543 | €2,428 | -€2,115 | -46.6% |
| Tangible fixed assets | 22/27 | €4,543 | €2,428 | -€2,115 | -46.6% |
| Furniture and vehicles | 24 | €4,543 | €2,428 | -€2,115 | -46.6% |
| Current assets | 29/58 | €28,704 | €5,779 | -€22,924 | -79.9% |
| Amounts receivable within one year | 40/41 | €8,712 | €5,667 | -€3,045 | -35.0% |
| Trade receivables | 40 | €2,160 | €2,160 | = | 0.0% |
| Other amounts receivable | 41 | €6,552 | €3,507 | -€3,045 | -46.5% |
| Cash at bank and in hand | 54/58 | €19,992 | €113 | -€19,879 | -99.4% |
| Total equity and liabilities | 10/49 | €33,247 | €8,208 | -€25,039 | -75.3% |
| Equity | 10/15 | €31,893 | €8,208 | -€23,685 | -74.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,893 | €2,208 | -€23,685 | -91.5% |
| Amounts payable | 17/49 | €1,354 | - | -€1,354 | |
| Amounts payable within one year | 42/48 | €1,354 | - | -€1,354 | |
| Trade debts | 44 | €19 | - | -€19 | |
| Suppliers | 440/4 | €19 | - | -€19 | |
| Taxes, remuneration and social security | 45 | €1,335 | - | -€1,335 | |
| Taxes | 450/3 | €1,335 | - | -€1,335 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,802 | €2,115 | +€313 | +17.4% |
| Other operating charges | 640/8 | €36 | €803 | +€767 | +2,130% |
| Gross operating margin | 9900 | €2,459 | -€20,637 | -€23,095 | |
| Operating profit (loss) | 9901 | €620 | -€23,555 | -€24,175 | |
| Financial income | 75/76B | €25 | - | -€25 | |
| Recurring financial income | 75 | €25 | - | -€25 | |
| Financial charges | 65/66B | €122 | €130 | +€9 | +7.0% |
| Recurring financial charges | 65 | €122 | €130 | +€9 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €523 | -€23,685 | -€24,208 | |
| Income taxes | 67/77 | €233 | - | -€233 | |
| Profit (loss) for the period | 9904 | €290 | -€23,685 | -€23,975 | |
| Profit (loss) for the period to be appropriated | 9905 | €290 | -€23,685 | -€23,975 |
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 13 October 2026 via checked.be.