COOL-CONCEPT: 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.
COOL-CONCEPT
Largest movements
- Receivables within one year +€222,091
up €222,091 (+111%), from €199,689 to €421,780
of which Trade receivables: +€185,474
- Intangible fixed assets +€75,088
up €75,088 (+75.3%), from €99,719 to €174,807
- Stocks and contracts +€53,940
up €53,940 (+93.2%), from €57,845 to €111,785
- Tangible fixed assets -€31,999
down €31,999 (-5.2%), from €619,956 to €587,957
of which Leasing and similar rights: -€28,690
- Cash -€29,686
down €29,686 (-48.8%), from €60,892 to €31,206
mainly Receivables within one year (-€222,091) and Investment in fixed assets (net) (-€167,206)
- Current portion of long-term debt +€164,742
up €164,742 (+153%), from €107,716 to €272,458
- Trade debts +€122,330
up €122,330 (+117%), from €104,704 to €227,034
- Other debts -€62,374
down €62,374 (-25.1%), from €248,635 to €186,261
- Profit (loss) carried forward +€39,206
up €39,206 (+33.6%), from -€116,546 to -€77,339
- Tax, wage and social debts +€19,876
up €19,876 (+12.6%), from €157,936 to €177,812
of which Remuneration and social security: +€92,565
- Gross operating margin +€116,755
up €116,755 (+12.3%), from €945,902 to €1.1m
- Staff costs +€92,144
up €92,144 (+11.9%), from €774,111 to €866,254
- Depreciation +€27,397
up €27,397 (+28.3%), from €96,720 to €124,117
- Financial charges -€17,635
down €17,635 (-45.1%), from €39,106 to €21,471
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 | €1,042,852 | €1,329,849 | +€286,997 | +27.5% |
| Fixed assets | 21/28 | €721,782 | €764,871 | +€43,089 | +6.0% |
| Intangible fixed assets | 21 | €99,719 | €174,807 | +€75,088 | +75.3% |
| Tangible fixed assets | 22/27 | €619,956 | €587,957 | -€31,999 | -5.2% |
| Plant, machinery and equipment | 23 | €92,133 | €92,251 | +€118 | +0.1% |
| Furniture and vehicles | 24 | €53,499 | €40,672 | -€12,827 | -24.0% |
| Leasing and similar rights | 25 | €383,000 | €354,310 | -€28,690 | -7.5% |
| Other tangible fixed assets | 26 | €91,323 | €100,723 | +€9,400 | +10.3% |
| Financial fixed assets | 28 | €2,108 | €2,108 | = | 0.0% |
| Current assets | 29/58 | €321,070 | €564,979 | +€243,908 | +76.0% |
| Stocks and contracts in progress | 3 | €57,845 | €111,785 | +€53,940 | +93.2% |
| Stocks | 30/36 | €57,845 | €111,785 | +€53,940 | +93.2% |
| Amounts receivable within one year | 40/41 | €199,689 | €421,780 | +€222,091 | +111% |
| Trade receivables | 40 | €198,427 | €383,901 | +€185,474 | +93.5% |
| Other amounts receivable | 41 | €1,262 | €37,879 | +€36,617 | +2,902% |
| Cash at bank and in hand | 54/58 | €60,892 | €31,206 | -€29,686 | -48.8% |
| Deferred charges and accrued income | 490/1 | €2,644 | €208 | -€2,436 | -92.1% |
| Total equity and liabilities | 10/49 | €1,042,852 | €1,329,849 | +€286,997 | +27.5% |
| Equity | 10/15 | €113,037 | €152,243 | +€39,206 | +34.7% |
| Contributions | 10/11 | €118,600 | €118,600 | = | 0.0% |
| Reserves | 13 | €110,982 | €110,982 | = | 0.0% |
| Distributable reserves | 133 | €110,982 | €110,982 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€116,546 | -€77,339 | +€39,206 | +33.6% |
| Amounts payable | 17/49 | €929,816 | €1,177,606 | +€247,790 | +26.6% |
| Amounts payable after more than one year | 17 | €310,825 | €310,825 | = | 0.0% |
| Financial debts | 170/4 | €265,825 | €265,825 | = | 0.0% |
| Other amounts payable | 178/9 | €45,000 | €45,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €618,991 | €863,565 | +€244,575 | +39.5% |
| Current portion of amounts payable after more than one year | 42 | €107,716 | €272,458 | +€164,742 | +153% |
| Trade debts | 44 | €104,704 | €227,034 | +€122,330 | +117% |
| Suppliers | 440/4 | €104,704 | €227,034 | +€122,330 | +117% |
| Taxes, remuneration and social security | 45 | €157,936 | €177,812 | +€19,876 | +12.6% |
| Taxes | 450/3 | €121,480 | €48,791 | -€72,689 | -59.8% |
| Remuneration and social security | 454/9 | €36,456 | €129,021 | +€92,565 | +254% |
| Other amounts payable | 47/48 | €248,635 | €186,261 | -€62,374 | -25.1% |
| Accrued charges and deferred income | 492/3 | - | €3,216 | +€3,216 | |
| Remuneration, social security and pensions | 62 | €774,111 | €866,254 | +€92,144 | +11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,720 | €124,117 | +€27,397 | +28.3% |
| Other operating charges | 640/8 | €6,239 | €12,455 | +€6,216 | +99.6% |
| Gross operating margin | 9900 | €945,902 | €1,062,657 | +€116,755 | +12.3% |
| Operating profit (loss) | 9901 | €68,831 | €59,830 | -€9,002 | -13.1% |
| Financial income | 75/76B | €37 | €1,364 | +€1,327 | +3,566% |
| Recurring financial income | 75 | €37 | €1,364 | +€1,327 | +3,566% |
| Financial charges | 65/66B | €39,106 | €21,471 | -€17,635 | -45.1% |
| Recurring financial charges | 65 | €39,106 | €21,471 | -€17,635 | -45.1% |
| Profit (loss) for the period before taxes | 9903 | €29,762 | €39,723 | +€9,960 | +33.5% |
| Income taxes | 67/77 | €17 | €517 | +€500 | +2,986% |
| Profit (loss) for the period | 9904 | €29,746 | €39,206 | +€9,461 | +31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,746 | €39,206 | +€9,461 | +31.8% |
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 26 October 2026 via checked.be.