COLDTRANS: 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.
COLDTRANS
Largest movements
- Receivables within one year -€1.1m
down €1.1m (-67.8%), from €1.6m to €528,275
of which Other amounts receivable: -€860,856
- Profit (loss) carried forward -€1.3m
down €1.3m (-80.1%), from €1.6m to €321,874
- Trade debts +€439,243
up €439,243 (+95.4%), from €460,431 to €899,674
- Tax, wage and social debts -€301,874
down €301,874 (-56.5%), from €534,735 to €232,861
of which Taxes: -€188,624
- Other debts +€65,300
new in 2024: €65,300
- Gross operating margin -€843,523
down €843,523 (-29.9%), from €2.8m to €2.0m
- Staff costs -€272,481
down €272,481 (-15.0%), from €1.8m to €1.5m
- Taxes -€187,867
down €187,867 (-79.5%), from €236,346 to €48,479
- Depreciation +€125,389
up €125,389 (+69.5%), from €180,529 to €305,919
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 | €2,680,734 | €1,587,909 | -€1.1m | -40.8% |
| Fixed assets | 21/28 | €1,042,297 | €1,059,634 | +€17,337 | +1.7% |
| Tangible fixed assets | 22/27 | €1,022,427 | €1,039,899 | +€17,472 | +1.7% |
| Plant, machinery and equipment | 23 | €65,091 | €50,569 | -€14,523 | -22.3% |
| Furniture and vehicles | 24 | €957,336 | €989,331 | +€31,995 | +3.3% |
| Financial fixed assets | 28 | €19,870 | €19,735 | -€135 | -0.7% |
| Current assets | 29/58 | €1,638,437 | €528,275 | -€1.1m | -67.8% |
| Amounts receivable within one year | 40/41 | €1,638,337 | €528,275 | -€1.1m | -67.8% |
| Trade receivables | 40 | €693,164 | €443,958 | -€249,206 | -36.0% |
| Other amounts receivable | 41 | €945,172 | €84,317 | -€860,856 | -91.1% |
| Cash at bank and in hand | 54/58 | €100 | - | -€100 | |
| Total equity and liabilities | 10/49 | €2,680,734 | €1,587,909 | -€1.1m | -40.8% |
| Equity | 10/15 | €1,685,568 | €390,074 | -€1.3m | -76.9% |
| 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 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,617,368 | €321,874 | -€1.3m | -80.1% |
| Amounts payable | 17/49 | €995,165 | €1,197,835 | +€202,669 | +20.4% |
| Amounts payable within one year | 42/48 | €995,165 | €1,197,835 | +€202,669 | +20.4% |
| Trade debts | 44 | €460,431 | €899,674 | +€439,243 | +95.4% |
| Suppliers | 440/4 | €460,431 | €899,674 | +€439,243 | +95.4% |
| Taxes, remuneration and social security | 45 | €534,735 | €232,861 | -€301,874 | -56.5% |
| Taxes | 450/3 | €243,555 | €54,932 | -€188,624 | -77.4% |
| Remuneration and social security | 454/9 | €291,179 | €177,929 | -€113,250 | -38.9% |
| Other amounts payable | 47/48 | - | €65,300 | +€65,300 | |
| Remuneration, social security and pensions | 62 | €1,814,473 | €1,541,992 | -€272,481 | -15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €180,529 | €305,919 | +€125,389 | +69.5% |
| Other operating charges | 640/8 | €9,447 | €8,885 | -€562 | -5.9% |
| Gross operating margin | 9900 | €2,824,382 | €1,980,859 | -€843,523 | -29.9% |
| Operating profit (loss) | 9901 | €819,933 | €124,064 | -€695,870 | -84.9% |
| Financial income | 75/76B | €44,421 | €33,879 | -€10,542 | -23.7% |
| Recurring financial income | 75 | €44,421 | €33,879 | -€10,542 | -23.7% |
| Financial charges | 65/66B | €4,925 | €4,958 | +€32 | +0.7% |
| Recurring financial charges | 65 | €4,925 | €4,958 | +€32 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €859,429 | €152,985 | -€706,444 | -82.2% |
| Income taxes | 67/77 | €236,346 | €48,479 | -€187,867 | -79.5% |
| Profit (loss) for the period | 9904 | €623,083 | €104,506 | -€518,577 | -83.2% |
| Profit (loss) for the period to be appropriated | 9905 | €623,083 | €104,506 | -€518,577 | -83.2% |
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 3 October 2026 via checked.be.