COOL IN ERWIN: 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 IN ERWIN
Largest movements
- Cash -€7,423
down €7,423 (-73.4%), from €10,117 to €2,694
mainly Trade debts (-€19,202) and Debts after one year (-€12,634)
- Intangible fixed assets -€4,500
down €4,500 (-15.4%), from €29,250 to €24,750
- Tangible fixed assets -€4,257
down €4,257 (-32.5%), from €13,079 to €8,823
of which Furniture and vehicles: -€3,951
- Stocks and contracts -€4,000
down €4,000 (-12.5%), from €32,000 to €28,000
- Trade debts -€19,202
down €19,202 (-68.6%), from €28,000 to €8,798
- Other debts +€16,410
up €16,410 (+29.2%), from €56,258 to €72,667
- Debts after one year -€12,634
down €12,634 (-42.8%), from €29,516 to €16,882
- Profit (loss) carried forward -€5,589
down €5,589 (-16.1%), from -€34,767 to -€40,356
- Gross operating margin +€23,433
up €23,433, from -€4,425 to €19,008
- Staff costs -€17,028
down €17,028 (-67.4%), from €25,266 to €8,239
- Write-downs -€1,340
no longer reported in 2025 (was €1,340)
- Depreciation +€343
up €343 (+2.9%), from €11,679 to €12,022
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 | €107,807 | €85,991 | -€21,815 | -20.2% |
| Fixed assets | 21/28 | €42,329 | €33,573 | -€8,757 | -20.7% |
| Intangible fixed assets | 21 | €29,250 | €24,750 | -€4,500 | -15.4% |
| Tangible fixed assets | 22/27 | €13,079 | €8,823 | -€4,257 | -32.5% |
| Furniture and vehicles | 24 | €10,244 | €6,293 | -€3,951 | -38.6% |
| Other tangible fixed assets | 26 | €2,836 | €2,530 | -€306 | -10.8% |
| Current assets | 29/58 | €65,477 | €52,418 | -€13,059 | -19.9% |
| Stocks and contracts in progress | 3 | €32,000 | €28,000 | -€4,000 | -12.5% |
| Stocks | 30/36 | €32,000 | €28,000 | -€4,000 | -12.5% |
| Amounts receivable within one year | 40/41 | €21,888 | €20,815 | -€1,072 | -4.9% |
| Trade receivables | 40 | €15,295 | €17,793 | +€2,498 | +16.3% |
| Other amounts receivable | 41 | €6,592 | €3,023 | -€3,570 | -54.2% |
| Cash at bank and in hand | 54/58 | €10,117 | €2,694 | -€7,423 | -73.4% |
| Deferred charges and accrued income | 490/1 | €1,472 | €909 | -€563 | -38.2% |
| Total equity and liabilities | 10/49 | €107,807 | €85,991 | -€21,815 | -20.2% |
| Equity | 10/15 | -€29,767 | -€35,356 | -€5,589 | -18.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,767 | -€40,356 | -€5,589 | -16.1% |
| Amounts payable | 17/49 | €137,574 | €121,348 | -€16,226 | -11.8% |
| Amounts payable after more than one year | 17 | €29,516 | €16,882 | -€12,634 | -42.8% |
| Financial debts | 170/4 | €29,516 | €16,882 | -€12,634 | -42.8% |
| Amounts payable within one year | 42/48 | €107,611 | €104,465 | -€3,146 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €12,689 | €12,634 | -€55 | -0.4% |
| Trade debts | 44 | €28,000 | €8,798 | -€19,202 | -68.6% |
| Suppliers | 440/4 | €28,000 | €8,798 | -€19,202 | -68.6% |
| Taxes, remuneration and social security | 45 | €10,664 | €10,365 | -€299 | -2.8% |
| Taxes | 450/3 | €1,043 | €158 | -€885 | -84.9% |
| Remuneration and social security | 454/9 | €9,621 | €10,207 | +€586 | +6.1% |
| Other amounts payable | 47/48 | €56,258 | €72,667 | +€16,410 | +29.2% |
| Accrued charges and deferred income | 492/3 | €447 | €1 | -€446 | -99.7% |
| Non-recurring operating income | 76A | €60 | - | -€60 | |
| Remuneration, social security and pensions | 62 | €25,266 | €8,239 | -€17,028 | -67.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,679 | €12,022 | +€343 | +2.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,340 | - | -€1,340 | |
| Other operating charges | 640/8 | €508 | €624 | +€117 | +23.0% |
| Gross operating margin | 9900 | -€4,425 | €19,008 | +€23,433 | |
| Operating profit (loss) | 9901 | -€43,218 | -€1,877 | +€41,341 | +95.7% |
| Financial income | 75/76B | €47 | €1 | -€46 | -97.9% |
| Recurring financial income | 75 | €47 | €1 | -€46 | -97.9% |
| Financial charges | 65/66B | €3,373 | €3,555 | +€182 | +5.4% |
| Recurring financial charges | 65 | €3,373 | €3,555 | +€182 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | -€46,544 | -€5,431 | +€41,113 | +88.3% |
| Income taxes | 67/77 | €163 | €158 | -€5 | -3.1% |
| Profit (loss) for the period | 9904 | -€46,707 | -€5,589 | +€41,118 | +88.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,707 | -€5,589 | +€41,118 | +88.0% |
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 14 October 2026 via checked.be.