COLDSTORE: 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.
COLDSTORE
Largest movements
- Receivables within one year -€552,819
down €552,819 (-18.8%), from €2.9m to €2.4m
of which Other amounts receivable: -€1.1m
- Tangible fixed assets -€275,623
down €275,623 (-25.9%), from €1.1m to €786,569
of which Land and buildings: -€205,272
- Trade debts -€362,346
down €362,346 (-31.1%), from €1.2m to €800,924
- Profit (loss) carried forward -€299,030
down €299,030 (-14.3%), from €2.1m to €1.8m
- Tax, wage and social debts -€155,153
down €155,153 (-43.1%), from €359,659 to €204,505
of which Taxes: -€167,175
- Gross operating margin -€1.1m
down €1.1m (-43.7%), from €2.5m to €1.4m
- Taxes -€176,627
down €176,627, from €166,851 to -€9,775
- Staff costs +€67,521
up €67,521 (+4.8%), from €1.4m to €1.5m
- Financial income +€45,481
up €45,481 (+95.2%), from €47,786 to €93,266
- Depreciation -€33,830
down €33,830 (-10.5%), from €321,220 to €287,389
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,995,067 | €3,166,625 | -€828,442 | -20.7% |
| Fixed assets | 21/28 | €1,062,192 | €786,569 | -€275,623 | -25.9% |
| Tangible fixed assets | 22/27 | €1,062,192 | €786,569 | -€275,623 | -25.9% |
| Land and buildings | 22 | €756,500 | €551,228 | -€205,272 | -27.1% |
| Plant, machinery and equipment | 23 | €185,975 | €142,153 | -€43,822 | -23.6% |
| Furniture and vehicles | 24 | €34,679 | €23,621 | -€11,058 | -31.9% |
| Other tangible fixed assets | 26 | €85,038 | €69,567 | -€15,471 | -18.2% |
| Current assets | 29/58 | €2,932,875 | €2,380,055 | -€552,819 | -18.8% |
| Amounts receivable within one year | 40/41 | €2,932,875 | €2,380,055 | -€552,819 | -18.8% |
| Trade receivables | 40 | €867,347 | €1,384,109 | +€516,762 | +59.6% |
| Other amounts receivable | 41 | €2,065,528 | €995,947 | -€1.1m | -51.8% |
| Total equity and liabilities | 10/49 | €3,995,067 | €3,166,625 | -€828,442 | -20.7% |
| Equity | 10/15 | €2,469,188 | €2,161,195 | -€307,994 | -12.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €273,200 | €273,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €267,000 | €267,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,089,008 | €1,789,978 | -€299,030 | -14.3% |
| Investment grants | 15 | €44,980 | €36,017 | -€8,964 | -19.9% |
| Amounts payable | 17/49 | €1,525,879 | €1,005,430 | -€520,449 | -34.1% |
| Amounts payable within one year | 42/48 | €1,525,879 | €1,005,430 | -€520,449 | -34.1% |
| Trade debts | 44 | €1,163,270 | €800,924 | -€362,346 | -31.1% |
| Suppliers | 440/4 | €1,163,270 | €800,924 | -€362,346 | -31.1% |
| Taxes, remuneration and social security | 45 | €359,659 | €204,505 | -€155,153 | -43.1% |
| Taxes | 450/3 | €171,943 | €4,768 | -€167,175 | -97.2% |
| Remuneration and social security | 454/9 | €187,716 | €199,738 | +€12,021 | +6.4% |
| Other amounts payable | 47/48 | €2,950 | - | -€2,950 | |
| Non-recurring operating income | 76A | €162,500 | - | -€162,500 | |
| Remuneration, social security and pensions | 62 | €1,421,198 | €1,488,718 | +€67,521 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €321,220 | €287,389 | -€33,830 | -10.5% |
| Other operating charges | 640/8 | €25,224 | €36,024 | +€10,799 | +42.8% |
| Gross operating margin | 9900 | €2,505,130 | €1,410,550 | -€1.1m | -43.7% |
| Operating profit (loss) | 9901 | €737,488 | -€401,582 | -€1.1m | |
| Financial income | 75/76B | €47,786 | €93,266 | +€45,481 | +95.2% |
| Recurring financial income | 75 | €47,786 | €93,266 | +€45,481 | +95.2% |
| Financial charges | 65/66B | €261 | €490 | +€229 | +88.0% |
| Recurring financial charges | 65 | €261 | €242 | -€18 | -7.0% |
| Non-recurring financial charges | 66B | - | €248 | +€248 | |
| Profit (loss) for the period before taxes | 9903 | €785,013 | -€308,805 | -€1.1m | |
| Income taxes | 67/77 | €166,851 | -€9,775 | -€176,627 | |
| Profit (loss) for the period | 9904 | €618,162 | -€299,030 | -€917,192 | |
| Transfer from tax-exempt reserves | 789 | €267,000 | - | -€267,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €885,162 | -€299,030 | -€1.2m |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.