COLD & CIE: 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.
COLD & CIE
Largest movements
- Receivables within one year +€175,812
up €175,812 (+125.8%), from €139,785 to €315,598
of which Other amounts receivable: +€116,524
- Tangible fixed assets +€7,698
new in 2024: €7,698
- Cash -€5,849
down €5,849 (-16.5%), from €35,534 to €29,686
mainly Receivables within one year (-€175,812) and Other debts (-€67,900)
- Profit (loss) carried forward +€160,435
up €160,435 (+80572.1%), from €199 to €160,634
- Other debts -€67,900
no longer reported in 2024 (was €67,900)
- Trade debts +€30,473
up €30,473 (+107.0%), from €28,490 to €58,963
- Tax, wage and social debts +€29,654
up €29,654 (+39.3%), from €75,365 to €105,020
of which Remuneration and social security: +€15,720
- Advances received +€25,524
up €25,524 (+294.2%), from €8,676 to €34,199
- Gross operating margin +€296,250
up €296,250 (+147.1%), from €201,456 to €497,706
- Staff costs +€200,090
up €200,090 (+270.6%), from €73,951 to €274,041
- Taxes +€25,045
up €25,045 (+89.9%), from €27,860 to €52,905
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €185,630 | €363,817 | +€178,187 | +96.0% |
| Formation expenses | 20 | €664 | - | -€664 | |
| Fixed assets | 21/28 | €863 | €8,561 | +€7,698 | +892.0% |
| Tangible fixed assets | 22/27 | - | €7,698 | +€7,698 | |
| Furniture and vehicles | 24 | - | €7,698 | +€7,698 | |
| Financial fixed assets | 28 | €863 | €863 | = | 0.0% |
| Current assets | 29/58 | €184,103 | €355,256 | +€171,153 | +93.0% |
| Amounts receivable within one year | 40/41 | €139,785 | €315,598 | +€175,812 | +125.8% |
| Trade receivables | 40 | €69,209 | €128,497 | +€59,288 | +85.7% |
| Other amounts receivable | 41 | €70,576 | €187,100 | +€116,524 | +165.1% |
| Cash at bank and in hand | 54/58 | €35,534 | €29,686 | -€5,849 | -16.5% |
| Deferred charges and accrued income | 490/1 | €8,783 | €9,972 | +€1,189 | +13.5% |
| Total equity and liabilities | 10/49 | €185,630 | €363,817 | +€178,187 | +96.0% |
| Equity | 10/15 | €5,199 | €165,634 | +€160,435 | +3085.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €199 | €160,634 | +€160,435 | +80572.1% |
| Amounts payable | 17/49 | €180,431 | €198,183 | +€17,752 | +9.8% |
| Amounts payable within one year | 42/48 | €180,431 | €198,183 | +€17,752 | +9.8% |
| Trade debts | 44 | €28,490 | €58,963 | +€30,473 | +107.0% |
| Suppliers | 440/4 | €28,490 | €58,963 | +€30,473 | +107.0% |
| Advances received on contracts in progress | 46 | €8,676 | €34,199 | +€25,524 | +294.2% |
| Taxes, remuneration and social security | 45 | €75,365 | €105,020 | +€29,654 | +39.3% |
| Taxes | 450/3 | €65,880 | €79,815 | +€13,935 | +21.2% |
| Remuneration and social security | 454/9 | €9,486 | €25,205 | +€15,720 | +165.7% |
| Other amounts payable | 47/48 | €67,900 | - | -€67,900 | |
| Remuneration, social security and pensions | 62 | €73,951 | €274,041 | +€200,090 | +270.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €472 | €1,716 | +€1,244 | +263.7% |
| Other operating charges | 640/8 | €585 | €1,848 | +€1,263 | +215.7% |
| Gross operating margin | 9900 | €201,456 | €497,706 | +€296,250 | +147.1% |
| Operating profit (loss) | 9901 | €126,448 | €220,100 | +€93,653 | +74.1% |
| Financial income | 75/76B | €779 | €71 | -€708 | -90.8% |
| Recurring financial income | 75 | €779 | €71 | -€708 | -90.8% |
| Financial charges | 65/66B | €2,168 | €6,832 | +€4,664 | +215.2% |
| Recurring financial charges | 65 | €2,168 | €6,832 | +€4,664 | +215.2% |
| Profit (loss) for the period before taxes | 9903 | €125,059 | €213,340 | +€88,281 | +70.6% |
| Income taxes | 67/77 | €27,860 | €52,905 | +€25,045 | +89.9% |
| Profit (loss) for the period | 9904 | €97,199 | €160,435 | +€63,236 | +65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €97,199 | €160,435 | +€63,236 | +65.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.