Cool Brecht: what changed
Cool Brecht
Largest movements
- Receivables within one year -€31,659
down €31,659 (-71.7%), from €44,158 to €12,499
of which Trade receivables: -€31,229
- Tangible fixed assets -€11,791
down €11,791 (-36.7%), from €32,126 to €20,335
of which Furniture and vehicles: -€7,162
- Cash -€11,440
down €11,440 (-13.4%), from €85,067 to €73,627
mainly Tax, wage and social debts (-€37,029) and Net result for the year (-€16,062)
- Tax, wage and social debts -€37,029
down €37,029 (-82.4%), from €44,927 to €7,898
of which Taxes: -€39,029
- Profit (loss) carried forward -€16,062
down €16,062, from €817 to -€15,245
- Trade debts -€3,068
down €3,068 (-39.6%), from €7,754 to €4,687
- Other debts +€3,003
up €3,003 (+6.2%), from €48,123 to €51,126
- Gross operating margin -€29,549
down €29,549, from €28,732 to -€817
- Taxes -€4,145
no longer reported in 2025 (was €4,145)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €193,873 | €139,466 | -€54,407 | -28.1% |
| Fixed assets | 21/28 | €34,301 | €22,210 | -€12,091 | -35.3% |
| Intangible fixed assets | 21 | €625 | €325 | -€300 | -48.0% |
| Tangible fixed assets | 22/27 | €32,126 | €20,335 | -€11,791 | -36.7% |
| Land and buildings | 22 | €5,693 | €7,143 | +€1,450 | +25.5% |
| Plant, machinery and equipment | 23 | €18,758 | €12,679 | -€6,079 | -32.4% |
| Furniture and vehicles | 24 | €7,676 | €514 | -€7,162 | -93.3% |
| Financial fixed assets | 28 | €1,550 | €1,550 | = | 0.0% |
| Current assets | 29/58 | €159,572 | €117,256 | -€42,316 | -26.5% |
| Stocks and contracts in progress | 3 | €25,966 | €26,444 | +€479 | +1.8% |
| Stocks | 30/36 | €25,966 | €23,194 | -€2,771 | -10.7% |
| Contracts in progress | 37 | - | €3,250 | +€3,250 | |
| Amounts receivable within one year | 40/41 | €44,158 | €12,499 | -€31,659 | -71.7% |
| Trade receivables | 40 | €43,648 | €12,419 | -€31,229 | -71.5% |
| Other amounts receivable | 41 | €510 | €80 | -€429 | -84.2% |
| Cash at bank and in hand | 54/58 | €85,067 | €73,627 | -€11,440 | -13.4% |
| Deferred charges and accrued income | 490/1 | €4,382 | €4,686 | +€304 | +6.9% |
| Total equity and liabilities | 10/49 | €193,873 | €139,466 | -€54,407 | -28.1% |
| Equity | 10/15 | €91,817 | €75,755 | -€16,062 | -17.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €90,000 | €90,000 | = | 0.0% |
| Distributable reserves | 133 | €90,000 | €90,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €817 | -€15,245 | -€16,062 | |
| Amounts payable | 17/49 | €102,056 | €63,710 | -€38,345 | -37.6% |
| Amounts payable within one year | 42/48 | €102,056 | €63,710 | -€38,345 | -37.6% |
| Current portion of amounts payable after more than one year | 42 | €1,251 | €0 | -€1,251 | -100% |
| Trade debts | 44 | €7,754 | €4,687 | -€3,068 | -39.6% |
| Suppliers | 440/4 | €7,754 | €4,687 | -€3,068 | -39.6% |
| Taxes, remuneration and social security | 45 | €44,927 | €7,898 | -€37,029 | -82.4% |
| Taxes | 450/3 | €44,927 | €5,898 | -€39,029 | -86.9% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €48,123 | €51,126 | +€3,003 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,094 | €14,316 | +€222 | +1.6% |
| Other operating charges | 640/8 | €911 | €885 | -€25 | -2.8% |
| Gross operating margin | 9900 | €28,732 | -€817 | -€29,549 | |
| Operating profit (loss) | 9901 | €13,728 | -€16,018 | -€29,746 | |
| Financial income | 75/76B | €47 | €18 | -€28 | -60.6% |
| Recurring financial income | 75 | €47 | €18 | -€28 | -60.6% |
| Financial charges | 65/66B | €134 | €62 | -€72 | -53.9% |
| Recurring financial charges | 65 | €134 | €62 | -€72 | -53.9% |
| Profit (loss) for the period before taxes | 9903 | €13,640 | -€16,062 | -€29,702 | |
| Income taxes | 67/77 | €4,145 | - | -€4,145 | |
| Profit (loss) for the period | 9904 | €9,495 | -€16,062 | -€25,557 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,495 | -€16,062 | -€25,557 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.