COOL TEAM: 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 TEAM
Largest movements
- Receivables within one year -€30,958
down €30,958 (-50.6%), from €61,207 to €30,249
of which Trade receivables: -€25,873
- Cash -€4,640
down €4,640 (-100.0%), from €4,640 to €0
mainly Net result for the year (-€37,737) and Trade debts (-€30,414)
- Tangible fixed assets -€3,384
down €3,384 (-66.4%), from €5,098 to €1,715
of which Plant, machinery and equipment: -€1,714
- Stocks and contracts -€2,051
down €2,051 (-9.8%), from €20,860 to €18,809
- Profit (loss) carried forward -€37,737
down €37,737, from €1,820 to -€35,917
- Trade debts -€30,414
down €30,414 (-87.4%), from €34,809 to €4,394
- Short-term financial debts +€19,150
new in 2025: €19,150
- Other debts +€9,105
up €9,105 (+23.5%), from €38,729 to €47,835
- Current portion of long-term debt -€1,160
down €1,160 (-100.0%), from €1,160 to €0
- Gross operating margin -€19,515
down €19,515 (-239.6%), from -€8,145 to -€27,660
- Depreciation -€5,441
down €5,441 (-60.5%), from €8,999 to €3,558
- Financial charges +€2,888
up €2,888 (+91.6%), from €3,152 to €6,040
- Other operating charges -€589
down €589 (-63.5%), from €927 to €338
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 | €92,493 | €50,772 | -€41,720 | -45.1% |
| Fixed assets | 21/28 | €5,272 | €1,715 | -€3,558 | -67.5% |
| Intangible fixed assets | 21 | €174 | - | -€174 | |
| Tangible fixed assets | 22/27 | €5,098 | €1,715 | -€3,384 | -66.4% |
| Plant, machinery and equipment | 23 | €3,211 | €1,497 | -€1,714 | -53.4% |
| Furniture and vehicles | 24 | €1,887 | €217 | -€1,670 | -88.5% |
| Current assets | 29/58 | €87,220 | €49,058 | -€38,163 | -43.8% |
| Stocks and contracts in progress | 3 | €20,860 | €18,809 | -€2,051 | -9.8% |
| Stocks | 30/36 | €20,860 | €18,809 | -€2,051 | -9.8% |
| Amounts receivable within one year | 40/41 | €61,207 | €30,249 | -€30,958 | -50.6% |
| Trade receivables | 40 | €53,146 | €27,273 | -€25,873 | -48.7% |
| Other amounts receivable | 41 | €8,061 | €2,976 | -€5,085 | -63.1% |
| Cash at bank and in hand | 54/58 | €4,640 | €0 | -€4,640 | -100.0% |
| Deferred charges and accrued income | 490/1 | €514 | - | -€514 | |
| Total equity and liabilities | 10/49 | €92,493 | €50,772 | -€41,720 | -45.1% |
| Equity | 10/15 | €16,820 | -€20,917 | -€37,737 | |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,820 | -€35,917 | -€37,737 | |
| Amounts payable | 17/49 | €75,673 | €71,689 | -€3,984 | -5.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €75,673 | €71,689 | -€3,984 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €1,160 | €0 | -€1,160 | -100.0% |
| Financial debts | 43 | - | €19,150 | +€19,150 | |
| Credit institutions | 430/8 | - | €19,150 | +€19,150 | |
| Trade debts | 44 | €34,809 | €4,394 | -€30,414 | -87.4% |
| Suppliers | 440/4 | €34,809 | €4,394 | -€30,414 | -87.4% |
| Taxes, remuneration and social security | 45 | €975 | €309 | -€665 | -68.3% |
| Taxes | 450/3 | €975 | €309 | -€665 | -68.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €38,729 | €47,835 | +€9,105 | +23.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,999 | €3,558 | -€5,441 | -60.5% |
| Other operating charges | 640/8 | €927 | €338 | -€589 | -63.5% |
| Gross operating margin | 9900 | -€8,145 | -€27,660 | -€19,515 | -239.6% |
| Operating profit (loss) | 9901 | -€18,071 | -€31,556 | -€13,485 | -74.6% |
| Financial income | 75/76B | €10 | €0 | -€10 | -100.0% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -100.0% |
| Financial charges | 65/66B | €3,152 | €6,040 | +€2,888 | +91.6% |
| Recurring financial charges | 65 | €3,152 | €6,040 | +€2,888 | +91.6% |
| Profit (loss) for the period before taxes | 9903 | -€21,212 | -€37,596 | -€16,383 | -77.2% |
| Income taxes | 67/77 | €145 | €141 | -€4 | -2.6% |
| Profit (loss) for the period | 9904 | -€21,357 | -€37,737 | -€16,380 | -76.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,357 | -€37,737 | -€16,380 | -76.7% |
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 30 September 2026 via checked.be.