Cool Projects: 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 Projects
Largest movements
- Cash +€121,267
up €121,267 (+50,528,021%), from €0 to €121,267
mainly Trade debts (+€157,579) and Depreciation (+€36,968)
- Receivables within one year +€73,786
up €73,786 (+36.7%), from €201,061 to €274,846
of which Trade receivables: +€66,260
- Stocks and contracts +€21,552
up €21,552 (+386%), from €5,588 to €27,140
- Deferred charges and accrued income +€17,735
up €17,735 (+67.5%), from €26,263 to €43,998
- Tangible fixed assets -€12,750
down €12,750 (-36.8%), from €34,644 to €21,894
of which Other tangible fixed assets: -€14,258
- Trade debts +€157,579
up €157,579 (+119%), from €132,035 to €289,614
- Debts after one year +€29,776
up €29,776 (+1,131%), from €2,632 to €32,407
- Short-term financial debts +€24,738
up €24,738 (+97.9%), from €25,262 to €50,000
- Reserves +€20,861
up €20,861 (+43.9%), from €47,477 to €68,338
- Accrued charges and deferred income -€11,803
down €11,803 (-100%), from €11,803 to €0
- Gross operating margin +€81,246
up €81,246 (+33.7%), from €241,010 to €322,257
- Staff costs +€51,820
up €51,820 (+27.9%), from €185,920 to €237,740
- Taxes +€11,946
up €11,946 (+3,926%), from €304 to €12,250
- Other operating charges +€7,253
up €7,253 (+327%), from €2,219 to €9,472
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €271,667 | €500,263 | +€228,596 | +84.1% |
| Fixed assets | 21/28 | €38,755 | €33,012 | -€5,744 | -14.8% |
| Intangible fixed assets | 21 | €1,111 | €48 | -€1,063 | -95.7% |
| Tangible fixed assets | 22/27 | €34,644 | €21,894 | -€12,750 | -36.8% |
| Plant, machinery and equipment | 23 | €2,230 | €1,729 | -€500 | -22.4% |
| Furniture and vehicles | 24 | €404 | €2,412 | +€2,008 | +497% |
| Other tangible fixed assets | 26 | €32,011 | €17,753 | -€14,258 | -44.5% |
| Financial fixed assets | 28 | €3,000 | €11,070 | +€8,070 | +269% |
| Current assets | 29/58 | €232,912 | €467,251 | +€234,339 | +101% |
| Stocks and contracts in progress | 3 | €5,588 | €27,140 | +€21,552 | +386% |
| Stocks | 30/36 | €5,588 | €27,140 | +€21,552 | +386% |
| Amounts receivable within one year | 40/41 | €201,061 | €274,846 | +€73,786 | +36.7% |
| Trade receivables | 40 | €196,157 | €262,417 | +€66,260 | +33.8% |
| Other amounts receivable | 41 | €4,904 | €12,429 | +€7,526 | +153% |
| Cash at bank and in hand | 54/58 | €0 | €121,267 | +€121,267 | +50,528,021% |
| Deferred charges and accrued income | 490/1 | €26,263 | €43,998 | +€17,735 | +67.5% |
| Total equity and liabilities | 10/49 | €271,667 | €500,263 | +€228,596 | +84.1% |
| Equity | 10/15 | €66,077 | €86,938 | +€20,861 | +31.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €47,477 | €68,338 | +€20,861 | +43.9% |
| Distributable reserves | 133 | €47,477 | €68,338 | +€20,861 | +43.9% |
| Amounts payable | 17/49 | €205,590 | €413,325 | +€207,734 | +101% |
| Amounts payable after more than one year | 17 | €2,632 | €32,407 | +€29,776 | +1,131% |
| Financial debts | 170/4 | €2,632 | €32,407 | +€29,776 | +1,131% |
| Amounts payable within one year | 42/48 | €191,155 | €380,917 | +€189,762 | +99.3% |
| Current portion of amounts payable after more than one year | 42 | €1,282 | €9,394 | +€8,112 | +633% |
| Financial debts | 43 | €25,262 | €50,000 | +€24,738 | +97.9% |
| Credit institutions | 430/8 | €25,262 | €50,000 | +€24,738 | +97.9% |
| Trade debts | 44 | €132,035 | €289,614 | +€157,579 | +119% |
| Suppliers | 440/4 | €132,035 | €289,614 | +€157,579 | +119% |
| Taxes, remuneration and social security | 45 | €32,576 | €31,909 | -€667 | -2.0% |
| Taxes | 450/3 | €4,601 | €6,821 | +€2,220 | +48.3% |
| Remuneration and social security | 454/9 | €27,975 | €25,088 | -€2,887 | -10.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €11,803 | €0 | -€11,803 | -100% |
| Non-recurring operating income | 76A | €784 | €0 | -€784 | -100% |
| Remuneration, social security and pensions | 62 | €185,920 | €237,740 | +€51,820 | +27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,996 | €36,968 | -€3,028 | -7.6% |
| Other operating charges | 640/8 | €2,219 | €9,472 | +€7,253 | +327% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €241,010 | €322,257 | +€81,246 | +33.7% |
| Operating profit (loss) | 9901 | €12,875 | €38,076 | +€25,201 | +196% |
| Financial income | 75/76B | €143 | €502 | +€360 | +252% |
| Recurring financial income | 75 | €143 | €502 | +€360 | +252% |
| Financial charges | 65/66B | €5,692 | €5,467 | -€225 | -3.9% |
| Recurring financial charges | 65 | €5,692 | €5,467 | -€225 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €7,326 | €33,112 | +€25,786 | +352% |
| Income taxes | 67/77 | €304 | €12,250 | +€11,946 | +3,926% |
| Profit (loss) for the period | 9904 | €7,022 | €20,861 | +€13,840 | +197% |
| Profit (loss) for the period to be appropriated | 9905 | €7,022 | €20,861 | +€13,840 | +197% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.