COOL Vincent: 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 Vincent
Largest movements
- Stocks and contracts +€244,475
up €244,475 (+65.7%), from €372,289 to €616,764
- Receivables within one year -€43,564
down €43,564 (-35.9%), from €121,385 to €77,821
of which Other amounts receivable: -€22,422
- Tangible fixed assets +€21,757
up €21,757 (+33.7%), from €64,540 to €86,297
of which Furniture and vehicles: +€11,024
- Cash +€10,567
up €10,567 (+29.7%), from €35,616 to €46,183
mainly Other debts (+€190,877) and Net result for the year (+€68,279)
- Other debts +€190,877
up €190,877 (+65.4%), from €291,750 to €482,627
- Profit (loss) carried forward +€68,279
new in 2025: €68,279
- Trade debts -€40,277
down €40,277 (-89.1%), from €45,187 to €4,910
- Tax, wage and social debts +€17,804
up €17,804 (+102.0%), from €17,453 to €35,257
of which Taxes: +€12,061
- Gross operating margin +€100,021
up €100,021 (+115.0%), from €86,993 to €187,015
- Staff costs +€36,518
up €36,518 (+199.7%), from €18,289 to €54,806
- Taxes +€11,102
up €11,102 (+84.9%), from €13,077 to €24,179
- Depreciation +€8,182
up €8,182 (+103.8%), from €7,881 to €16,063
- Financial charges +€8,129
up €8,129 (+44.7%), from €18,185 to €26,315
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 | €598,868 | €832,068 | +€233,200 | +38.9% |
| Fixed assets | 21/28 | €66,501 | €87,758 | +€21,257 | +32.0% |
| Intangible fixed assets | 21 | €1,756 | €1,256 | -€500 | -28.5% |
| Tangible fixed assets | 22/27 | €64,540 | €86,297 | +€21,757 | +33.7% |
| Plant, machinery and equipment | 23 | €1,051 | €2,777 | +€1,726 | +164.2% |
| Furniture and vehicles | 24 | €11,607 | €22,631 | +€11,024 | +95.0% |
| Other tangible fixed assets | 26 | €51,882 | €60,890 | +€9,007 | +17.4% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €532,367 | €744,310 | +€211,942 | +39.8% |
| Stocks and contracts in progress | 3 | €372,289 | €616,764 | +€244,475 | +65.7% |
| Stocks | 30/36 | €372,289 | €616,764 | +€244,475 | +65.7% |
| Amounts receivable within one year | 40/41 | €121,385 | €77,821 | -€43,564 | -35.9% |
| Trade receivables | 40 | €38,959 | €17,817 | -€21,143 | -54.3% |
| Other amounts receivable | 41 | €82,426 | €60,004 | -€22,422 | -27.2% |
| Cash at bank and in hand | 54/58 | €35,616 | €46,183 | +€10,567 | +29.7% |
| Deferred charges and accrued income | 490/1 | €3,077 | €3,542 | +€464 | +15.1% |
| Total equity and liabilities | 10/49 | €598,868 | €832,068 | +€233,200 | +38.9% |
| Equity | 10/15 | €121,034 | €189,314 | +€68,279 | +56.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €118,034 | €118,034 | = | 0.0% |
| Distributable reserves | 133 | €118,034 | €118,034 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €68,279 | +€68,279 | |
| Amounts payable | 17/49 | €477,834 | €642,754 | +€164,920 | +34.5% |
| Amounts payable within one year | 42/48 | €475,835 | €640,594 | +€164,759 | +34.6% |
| Current portion of amounts payable after more than one year | 42 | €10,444 | €6,000 | -€4,444 | -42.6% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €45,187 | €4,910 | -€40,277 | -89.1% |
| Suppliers | 440/4 | €45,187 | €4,910 | -€40,277 | -89.1% |
| Advances received on contracts in progress | 46 | €11,000 | €11,800 | +€800 | +7.3% |
| Taxes, remuneration and social security | 45 | €17,453 | €35,257 | +€17,804 | +102.0% |
| Taxes | 450/3 | €13,077 | €25,138 | +€12,061 | +92.2% |
| Remuneration and social security | 454/9 | €4,376 | €10,119 | +€5,743 | +131.2% |
| Other amounts payable | 47/48 | €291,750 | €482,627 | +€190,877 | +65.4% |
| Accrued charges and deferred income | 492/3 | €1,999 | €2,160 | +€161 | +8.1% |
| Remuneration, social security and pensions | 62 | €18,289 | €54,806 | +€36,518 | +199.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,881 | €16,063 | +€8,182 | +103.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €100 | -€100 | -€200 | |
| Other operating charges | 640/8 | €2,793 | €4,396 | +€1,603 | +57.4% |
| Gross operating margin | 9900 | €86,993 | €187,015 | +€100,021 | +115.0% |
| Operating profit (loss) | 9901 | €57,932 | €111,850 | +€53,918 | +93.1% |
| Financial income | 75/76B | €468 | €6,923 | +€6,455 | +1380.3% |
| Recurring financial income | 75 | €468 | €6,923 | +€6,455 | +1380.3% |
| Financial charges | 65/66B | €18,185 | €26,315 | +€8,129 | +44.7% |
| Recurring financial charges | 65 | €18,185 | €26,315 | +€8,129 | +44.7% |
| Profit (loss) for the period before taxes | 9903 | €40,214 | €92,458 | +€52,244 | +129.9% |
| Income taxes | 67/77 | €13,077 | €24,179 | +€11,102 | +84.9% |
| Profit (loss) for the period | 9904 | €27,137 | €68,279 | +€41,142 | +151.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,137 | €68,279 | +€41,142 | +151.6% |
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.