Cool Creation: 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.
What changed
Cool Creation
NACE 74.111, Design of textile patterns, clothing, jewellery, furniture and decorative items
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€3.8m
2024 · €3.0m+€859,364
Equity
€10.9m
2024 · €8.9m+€2.0m
Cash
€3.2m
2024 · €1.9m+€1.2m
Balance sheet total
€23.4m
2024 · €22.1m+€1.3m
Largest movements
Assets
- Receivables within one year +€4.1m
up €4.1m (+83.5%), from €4.9m to €9.1m
of which Trade receivables: +€4.1m
- Stocks and contracts -€3.5m
down €3.5m (-26.0%), from €13.5m to €10.0m
- Cash +€1.2m
up €1.2m (+63.4%), from €1.9m to €3.2m
mainly Net result for the year (+€3.8m) and Stocks and contracts (+€3.5m)
- Current investments -€550,000
down €550,000 (-100.0%), from €550,000 to €0
Equity and liabilities
- Trade debts -€2.8m
down €2.8m (-32.4%), from €8.6m to €5.8m
- Reserves +€2.0m
up €2.0m (+23.1%), from €8.8m to €10.9m
- Short-term financial debts +€1.4m
up €1.4m (+41.3%), from €3.5m to €5.0m
- Other debts +€510,291
up €510,291 (+15899.6%), from €3,209 to €513,500
Income statement
- Turnover +€12.9m
up €12.9m (+42.2%), from €30.6m to €43.5m
- Goods and materials +€10.3m
up €10.3m (+41.4%), from €24.8m to €35.1m
of which Change in stocks: decrease (increase): +€9.7m
- Write-downs +€525,770
up €525,770 (+2057.3%), from €25,556 to €551,326
- Financial charges +€512,379
up €512,379 (+153.0%), from €334,829 to €847,208
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.
Result 2024
€3.0m
Turnover
+€12.9m
Other operating income
+€37,925
Goods and materials
-€10.3m
Services and other goods
-€100,227
Staff costs
-€170,110
Depreciation
+€922
Write-downs
-€525,770
Other operating charges
+€8,269
Other operating items
-€31,798
Financial income
-€186,477
Financial charges
-€512,379
Taxes
-€267,163
Result 2025
€3.8m
Cash bridge derived
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.
From operations
+€1.2m
Investment
+€494,535
Financing
-€425,348
Cash 2024
€1.9m
From operations (derived)
+€1.2m
Net result for the year
+€3.8m
Depreciation
+€85,230
Stocks and contracts
+€3.5m
Receivables within one year
-€4.1m
Deferred charges and accrued income
-€69,218
Trade debts
-€2.8m
Tax, wage and social debts
+€109,368
Other debts
+€510,291
Accrued charges and deferred income
+€92,920
Investment (derived)
+€494,535
Investment in fixed assets (net)
-€55,465
Current investments
+€550,000
Financing
-€425,348
Debts after one year
-€73,423
Current portion of long-term debt
-€1,716
Short-term financial debts
+€1.4m
Contributions, distributions and other
-€1.8m
Cash 2025
€3.2m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,073,344 | €23,405,088 | +€1.3m | +6.0% |
| Fixed assets | 21/28 | €989,722 | €959,957 | -€29,765 | -3.0% |
| Intangible fixed assets | 21 | €27,290 | €18,981 | -€8,309 | -30.4% |
| Tangible fixed assets | 22/27 | €962,432 | €935,576 | -€26,857 | -2.8% |
| Land and buildings | 22 | €828,310 | €817,932 | -€10,378 | -1.3% |
| Plant, machinery and equipment | 23 | €40,554 | €35,372 | -€5,182 | -12.8% |
| Furniture and vehicles | 24 | €86,880 | €77,102 | -€9,778 | -11.3% |
| Other tangible fixed assets | 26 | €6,688 | €5,169 | -€1,519 | -22.7% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | - | €5,400 | +€5,400 | |
| Other financial fixed assets | 284/8 | - | €5,400 | +€5,400 | |
| Amounts receivable and cash guarantees | 285/8 | - | €5,400 | +€5,400 | |
| Current assets | 29/58 | €21,083,622 | €22,445,131 | +€1.4m | +6.5% |
| Stocks and contracts in progress | 3 | €13,537,851 | €10,021,887 | -€3.5m | -26.0% |
| Stocks | 30/36 | €13,537,851 | €10,021,887 | -€3.5m | -26.0% |
| Goods purchased for resale | 34 | €13,537,851 | €10,021,887 | -€3.5m | -26.0% |
| Amounts receivable within one year | 40/41 | €4,944,981 | €9,075,564 | +€4.1m | +83.5% |
| Trade receivables | 40 | €4,895,405 | €8,951,294 | +€4.1m | +82.9% |
| Other amounts receivable | 41 | €49,575 | €124,270 | +€74,694 | +150.7% |
| Current investments | 50/53 | €550,000 | €0 | -€550,000 | -100.0% |
| Other investments | 51/53 | €550,000 | €0 | -€550,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,937,209 | €3,164,881 | +€1.2m | +63.4% |
| Deferred charges and accrued income | 490/1 | €113,581 | €182,798 | +€69,218 | +60.9% |
| Total equity and liabilities | 10/49 | €22,073,344 | €23,405,088 | +€1.3m | +6.0% |
| Equity | 10/15 | €8,862,374 | €10,902,947 | +€2.0m | +23.0% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €8,841,374 | €10,881,947 | +€2.0m | +23.1% |
| Distributable reserves | 133 | €8,841,374 | €10,881,947 | +€2.0m | +23.1% |
| Amounts payable | 17/49 | €13,210,970 | €12,502,140 | -€708,830 | -5.4% |
| Amounts payable after more than one year | 17 | €705,057 | €631,633 | -€73,423 | -10.4% |
| Financial debts | 170/4 | €705,057 | €631,633 | -€73,423 | -10.4% |
| Credit institutions | 173 | €705,057 | €631,633 | -€73,423 | -10.4% |
| Amounts payable within one year | 42/48 | €12,497,133 | €11,768,807 | -€728,327 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €75,139 | €73,423 | -€1,716 | -2.3% |
| Financial debts | 43 | €3,507,454 | €4,957,245 | +€1.4m | +41.3% |
| Credit institutions | 430/8 | €3,507,454 | €4,957,245 | +€1.4m | +41.3% |
| Trade debts | 44 | €8,640,111 | €5,844,050 | -€2.8m | -32.4% |
| Suppliers | 440/4 | €8,640,111 | €5,844,050 | -€2.8m | -32.4% |
| Taxes, remuneration and social security | 45 | €271,220 | €380,588 | +€109,368 | +40.3% |
| Taxes | 450/3 | €176,386 | €217,580 | +€41,194 | +23.4% |
| Remuneration and social security | 454/9 | €94,834 | €163,008 | +€68,174 | +71.9% |
| Other amounts payable | 47/48 | €3,209 | €513,500 | +€510,291 | +15899.6% |
| Accrued charges and deferred income | 492/3 | €8,780 | €101,700 | +€92,920 | +1058.3% |
| Operating income | 70/76A | €30,590,166 | €43,523,436 | +€12.9m | +42.3% |
| Turnover | 70 | €30,583,290 | €43,478,635 | +€12.9m | +42.2% |
| Other operating income | 74 | €6,876 | €44,801 | +€37,925 | +551.6% |
| Operating charges | 60/66A | €26,461,478 | €37,569,366 | +€11.1m | +42.0% |
| Goods for resale, raw materials and consumables | 60 | €24,824,255 | €35,113,429 | +€10.3m | +41.4% |
| Purchases | 600/8 | €31,572,642 | €32,137,418 | +€564,776 | +1.8% |
| Change in stocks: decrease (increase) | 609 | -€6,748,386 | €2,976,012 | +€9.7m | |
| Services and other goods | 61 | €656,004 | €756,231 | +€100,227 | +15.3% |
| Remuneration, social security and pensions | 62 | €837,099 | €1,007,209 | +€170,110 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,151 | €85,230 | -€922 | -1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €25,556 | €551,326 | +€525,770 | +2057.3% |
| Other operating charges | 640/8 | €32,413 | €24,144 | -€8,269 | -25.5% |
| Non-recurring operating charges | 66A | - | €31,798 | +€31,798 | |
| Operating profit (loss) | 9901 | €4,128,687 | €5,954,069 | +€1.8m | +44.2% |
| Financial income | 75/76B | €195,405 | €8,928 | -€186,477 | -95.4% |
| Recurring financial income | 75 | €195,405 | €8,928 | -€186,477 | -95.4% |
| Income from current assets | 751 | - | €6,248 | +€6,248 | |
| Other financial income | 752/9 | €195,405 | €2,680 | -€192,725 | -98.6% |
| Financial charges | 65/66B | €334,829 | €847,208 | +€512,379 | +153.0% |
| Recurring financial charges | 65 | €334,829 | €847,208 | +€512,379 | +153.0% |
| Debt charges | 650 | €228,695 | €238,088 | +€9,392 | +4.1% |
| Other financial charges | 652/9 | €106,134 | €609,120 | +€502,986 | +473.9% |
| Profit (loss) for the period before taxes | 9903 | €3,989,263 | €5,115,790 | +€1.1m | +28.2% |
| Income taxes | 67/77 | €1,008,053 | €1,275,216 | +€267,163 | +26.5% |
| Taxes | 670/3 | €1,008,706 | €1,276,484 | +€267,778 | +26.5% |
| Tax adjustments and reversals of tax provisions | 77 | €652 | €1,267 | +€615 | +94.3% |
| Profit (loss) for the period | 9904 | €2,981,210 | €3,840,574 | +€859,364 | +28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,981,210 | €3,840,574 | +€859,364 | +28.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.