COOL-I-TECH: 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.
COOL-I-TECH
Largest movements
- Tangible fixed assets -€27,541
down €27,541 (-23.9%), from €115,061 to €87,520
of which Furniture and vehicles: -€25,709
- Cash +€22,171
up €22,171 (+50.0%), from €44,333 to €66,504
mainly Trade debts (+€27,555) and Depreciation (+€27,541)
- Stocks and contracts +€18,318
new in 2025: €18,318
- Receivables within one year +€6,871
up €6,871 (+42.3%), from €16,225 to €23,096
of which Other amounts receivable: +€14,894
- Receivables after one year -€5,258
down €5,258 (-8.0%), from €65,327 to €60,069
- Trade debts +€27,555
up €27,555 (+262.2%), from €10,508 to €38,063
- Debts after one year -€16,275
down €16,275 (-32.1%), from €50,740 to €34,465
- Advances received +€6,529
up €6,529 (+346.3%), from €1,886 to €8,414
- Tax, wage and social debts -€3,504
down €3,504 (-28.1%), from €12,475 to €8,971
of which Remuneration and social security: -€3,304
- Gross operating margin -€36,774
down €36,774 (-36.4%), from €101,011 to €64,237
- Depreciation +€8,459
up €8,459 (+44.3%), from €19,083 to €27,541
- Taxes -€7,369
down €7,369 (-72.0%), from €10,231 to €2,862
- Staff costs +€1,350
up €1,350 (+4.7%), from €28,948 to €30,298
- Other operating charges -€1,030
down €1,030 (-26.5%), from €3,892 to €2,862
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €258,494 | €273,418 | +€14,923 | +5.8% |
| Fixed assets | 21/28 | €115,429 | €87,888 | -€27,541 | -23.9% |
| Tangible fixed assets | 22/27 | €115,061 | €87,520 | -€27,541 | -23.9% |
| Plant, machinery and equipment | 23 | €4,031 | €2,199 | -€1,832 | -45.4% |
| Furniture and vehicles | 24 | €111,030 | €85,320 | -€25,709 | -23.2% |
| Financial fixed assets | 28 | €368 | €368 | = | 0.0% |
| Current assets | 29/58 | €143,065 | €185,530 | +€42,465 | +29.7% |
| Amounts receivable after more than one year | 29 | €65,327 | €60,069 | -€5,258 | -8.0% |
| Trade receivables | 290 | €65,327 | €60,069 | -€5,258 | -8.0% |
| Stocks and contracts in progress | 3 | - | €18,318 | +€18,318 | |
| Stocks | 30/36 | - | €18,318 | +€18,318 | |
| Amounts receivable within one year | 40/41 | €16,225 | €23,096 | +€6,871 | +42.3% |
| Trade receivables | 40 | €14,180 | €6,157 | -€8,023 | -56.6% |
| Other amounts receivable | 41 | €2,045 | €16,938 | +€14,894 | +728.4% |
| Current investments | 50/53 | €14,781 | €15,000 | +€219 | +1.5% |
| Cash at bank and in hand | 54/58 | €44,333 | €66,504 | +€22,171 | +50.0% |
| Deferred charges and accrued income | 490/1 | €2,400 | €2,544 | +€144 | +6.0% |
| Total equity and liabilities | 10/49 | €258,494 | €273,418 | +€14,923 | +5.8% |
| Equity | 10/15 | €164,316 | €162,848 | -€1,468 | -0.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €114,505 | €114,505 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €93,900 | €93,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,411 | €35,943 | -€1,468 | -3.9% |
| Amounts payable | 17/49 | €94,178 | €110,569 | +€16,391 | +17.4% |
| Amounts payable after more than one year | 17 | €50,740 | €34,465 | -€16,275 | -32.1% |
| Financial debts | 170/4 | €50,740 | €34,465 | -€16,275 | -32.1% |
| Amounts payable within one year | 42/48 | €43,438 | €76,105 | +€32,667 | +75.2% |
| Current portion of amounts payable after more than one year | 42 | €18,569 | €20,657 | +€2,087 | +11.2% |
| Trade debts | 44 | €10,508 | €38,063 | +€27,555 | +262.2% |
| Suppliers | 440/4 | €10,508 | €38,063 | +€27,555 | +262.2% |
| Advances received on contracts in progress | 46 | €1,886 | €8,414 | +€6,529 | +346.3% |
| Taxes, remuneration and social security | 45 | €12,475 | €8,971 | -€3,504 | -28.1% |
| Taxes | 450/3 | €5,428 | €5,228 | -€201 | -3.7% |
| Remuneration and social security | 454/9 | €7,047 | €3,744 | -€3,304 | -46.9% |
| Remuneration, social security and pensions | 62 | €28,948 | €30,298 | +€1,350 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,083 | €27,541 | +€8,459 | +44.3% |
| Other operating charges | 640/8 | €3,892 | €2,862 | -€1,030 | -26.5% |
| Gross operating margin | 9900 | €101,011 | €64,237 | -€36,774 | -36.4% |
| Operating profit (loss) | 9901 | €49,089 | €3,536 | -€45,552 | -92.8% |
| Financial income | 75/76B | €31 | €751 | +€720 | +2342.1% |
| Recurring financial income | 75 | €31 | €751 | +€720 | +2342.1% |
| Financial charges | 65/66B | €3,673 | €2,893 | -€780 | -21.2% |
| Recurring financial charges | 65 | €3,673 | €2,893 | -€780 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €45,446 | €1,394 | -€44,052 | -96.9% |
| Income taxes | 67/77 | €10,231 | €2,862 | -€7,369 | -72.0% |
| Profit (loss) for the period | 9904 | €35,216 | -€1,468 | -€36,684 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,216 | -€1,468 | -€36,684 |
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 4 October 2026 via checked.be.