Cooling Services and Engineering »: 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.
Cooling Services and Engineering »
Largest movements
- Cash +€79,367
up €79,367 (+60.4%), from €131,434 to €210,802
mainly Net result for the year (+€65,484) and Depreciation (+€12,496)
- Tangible fixed assets -€12,297
down €12,297 (-31.2%), from €39,462 to €27,166
of which Furniture and vehicles: -€10,227
- Receivables within one year -€7,203
down €7,203 (-13.1%), from €55,066 to €47,863
of which Trade receivables: -€3,684
- Reserves +€58,484
up €58,484 (+42.5%), from €137,449 to €195,933
- Trade debts -€15,559
down €15,559 (-22.6%), from €68,793 to €53,234
- Tax, wage and social debts +€10,389
up €10,389 (+692.6%), from €1,500 to €11,889
of which Taxes: +€9,098
- Other debts +€6,554
up €6,554 (+43.9%), from €14,921 to €21,475
- Gross operating margin +€33,293
up €33,293 (+43.5%), from €76,490 to €109,783
- Staff costs +€7,333
new in 2025: €7,333
- Taxes +€3,711
up €3,711 (+19.7%), from €18,854 to €22,565
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 | €225,963 | €285,831 | +€59,868 | +26.5% |
| Fixed assets | 21/28 | €39,462 | €27,166 | -€12,297 | -31.2% |
| Tangible fixed assets | 22/27 | €39,462 | €27,166 | -€12,297 | -31.2% |
| Plant, machinery and equipment | 23 | €3,636 | €1,566 | -€2,070 | -56.9% |
| Furniture and vehicles | 24 | €35,827 | €25,599 | -€10,227 | -28.5% |
| Current assets | 29/58 | €186,500 | €258,665 | +€72,165 | +38.7% |
| Amounts receivable within one year | 40/41 | €55,066 | €47,863 | -€7,203 | -13.1% |
| Trade receivables | 40 | €46,823 | €43,139 | -€3,684 | -7.9% |
| Other amounts receivable | 41 | €8,243 | €4,725 | -€3,519 | -42.7% |
| Cash at bank and in hand | 54/58 | €131,434 | €210,802 | +€79,367 | +60.4% |
| Total equity and liabilities | 10/49 | €225,963 | €285,831 | +€59,868 | +26.5% |
| Equity | 10/15 | €140,749 | €199,233 | +€58,484 | +41.6% |
| Contributions | 10/11 | €3,300 | €3,300 | = | 0.0% |
| Reserves | 13 | €137,449 | €195,933 | +€58,484 | +42.5% |
| Distributable reserves | 133 | €137,449 | €195,933 | +€58,484 | +42.5% |
| Amounts payable | 17/49 | €85,214 | €86,598 | +€1,384 | +1.6% |
| Amounts payable within one year | 42/48 | €85,214 | €86,598 | +€1,384 | +1.6% |
| Trade debts | 44 | €68,793 | €53,234 | -€15,559 | -22.6% |
| Suppliers | 440/4 | €68,793 | €53,234 | -€15,559 | -22.6% |
| Taxes, remuneration and social security | 45 | €1,500 | €11,889 | +€10,389 | +692.6% |
| Taxes | 450/3 | €1,500 | €10,598 | +€9,098 | +606.6% |
| Remuneration and social security | 454/9 | - | €1,291 | +€1,291 | |
| Other amounts payable | 47/48 | €14,921 | €21,475 | +€6,554 | +43.9% |
| Remuneration, social security and pensions | 62 | - | €7,333 | +€7,333 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,085 | €12,496 | +€411 | +3.4% |
| Other operating charges | 640/8 | €918 | €1,820 | +€902 | +98.2% |
| Gross operating margin | 9900 | €76,490 | €109,783 | +€33,293 | +43.5% |
| Operating profit (loss) | 9901 | €63,486 | €88,134 | +€24,648 | +38.8% |
| Financial income | 75/76B | €0 | €11 | +€11 | +109700.0% |
| Recurring financial income | 75 | €0 | €11 | +€11 | +109700.0% |
| Financial charges | 65/66B | €280 | €96 | -€184 | -65.8% |
| Recurring financial charges | 65 | €280 | €96 | -€184 | -65.8% |
| Profit (loss) for the period before taxes | 9903 | €63,206 | €88,049 | +€24,843 | +39.3% |
| Income taxes | 67/77 | €18,854 | €22,565 | +€3,711 | +19.7% |
| Profit (loss) for the period | 9904 | €44,352 | €65,484 | +€21,132 | +47.6% |
| Profit (loss) for the period to be appropriated | 9905 | €44,352 | €65,484 | +€21,132 | +47.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.