COOLINVEST: 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.
COOLINVEST
Largest movements
- Tangible fixed assets +€363,294
up €363,294 (+12.2%), from €3.0m to €3.3m
of which Land and buildings: +€393,047
- Receivables within one year -€96,367
down €96,367 (-25.6%), from €375,837 to €279,470
of which Trade receivables: -€99,081
- Cash -€54,295
down €54,295 (-69.1%), from €78,527 to €24,233
mainly Investment in fixed assets (net) (-€633,413) and Trade debts (-€168,412)
- Debts after one year +€337,868
up €337,868 (+14.1%), from €2.4m to €2.7m
- Trade debts -€168,412
down €168,412 (-66.5%), from €253,138 to €84,726
- Reserves +€117,574
up €117,574 (+22.0%), from €534,427 to €652,001
of which Distributable reserves: +€117,574
- Accrued charges and deferred income -€40,320
down €40,320 (-93.4%), from €43,165 to €2,845
- Depreciation +€45,511
up €45,511 (+20.3%), from €224,608 to €270,119
- Financial charges -€40,252
down €40,252 (-49.2%), from €81,750 to €41,497
- Staff costs +€26,786
up €26,786 (+20.1%), from €133,444 to €160,230
- Taxes -€13,050
down €13,050 (-27.7%), from €47,187 to €34,137
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 | €3,812,499 | €4,018,217 | +€205,717 | +5.4% |
| Fixed assets | 21/28 | €3,062,790 | €3,426,084 | +€363,294 | +11.9% |
| Tangible fixed assets | 22/27 | €2,972,790 | €3,336,084 | +€363,294 | +12.2% |
| Land and buildings | 22 | €2,218,093 | €2,611,140 | +€393,047 | +17.7% |
| Plant, machinery and equipment | 23 | €377,876 | €327,780 | -€50,096 | -13.3% |
| Furniture and vehicles | 24 | €376,821 | €397,164 | +€20,343 | +5.4% |
| Financial fixed assets | 28 | €90,000 | €90,000 | = | 0.0% |
| Current assets | 29/58 | €749,709 | €592,132 | -€157,577 | -21.0% |
| Stocks and contracts in progress | 3 | €294,520 | €287,520 | -€7,000 | -2.4% |
| Stocks | 30/36 | €294,520 | €287,520 | -€7,000 | -2.4% |
| Amounts receivable within one year | 40/41 | €375,837 | €279,470 | -€96,367 | -25.6% |
| Trade receivables | 40 | €343,053 | €243,972 | -€99,081 | -28.9% |
| Other amounts receivable | 41 | €32,784 | €35,498 | +€2,713 | +8.3% |
| Cash at bank and in hand | 54/58 | €78,527 | €24,233 | -€54,295 | -69.1% |
| Deferred charges and accrued income | 490/1 | €825 | €910 | +€85 | +10.3% |
| Total equity and liabilities | 10/49 | €3,812,499 | €4,018,217 | +€205,717 | +5.4% |
| Equity | 10/15 | €758,373 | €875,948 | +€117,574 | +15.5% |
| Contributions | 10/11 | €223,947 | €223,947 | = | 0.0% |
| Capital | 10 | €223,947 | €223,947 | = | 0.0% |
| Issued capital | 100 | €223,947 | €223,947 | = | 0.0% |
| Reserves | 13 | €534,427 | €652,001 | +€117,574 | +22.0% |
| Non-distributable reserves | 130/1 | €22,395 | €22,395 | = | 0.0% |
| Legal reserve | 130 | €22,395 | €22,395 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,860 | €19,860 | = | 0.0% |
| Distributable reserves | 133 | €492,172 | €609,746 | +€117,574 | +23.9% |
| Amounts payable | 17/49 | €3,054,126 | €3,142,269 | +€88,143 | +2.9% |
| Amounts payable after more than one year | 17 | €2,399,837 | €2,737,705 | +€337,868 | +14.1% |
| Financial debts | 170/4 | €2,399,837 | €2,737,705 | +€337,868 | +14.1% |
| Amounts payable within one year | 42/48 | €611,124 | €401,719 | -€209,406 | -34.3% |
| Current portion of amounts payable after more than one year | 42 | €214,865 | €222,020 | +€7,155 | +3.3% |
| Trade debts | 44 | €253,138 | €84,726 | -€168,412 | -66.5% |
| Suppliers | 440/4 | €253,138 | €84,726 | -€168,412 | -66.5% |
| Advances received on contracts in progress | 46 | €37,220 | €4,460 | -€32,760 | -88.0% |
| Taxes, remuneration and social security | 45 | €105,901 | €90,512 | -€15,389 | -14.5% |
| Taxes | 450/3 | €85,539 | €65,332 | -€20,207 | -23.6% |
| Remuneration and social security | 454/9 | €20,362 | €25,181 | +€4,818 | +23.7% |
| Accrued charges and deferred income | 492/3 | €43,165 | €2,845 | -€40,320 | -93.4% |
| Remuneration, social security and pensions | 62 | €133,444 | €160,230 | +€26,786 | +20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €224,608 | €270,119 | +€45,511 | +20.3% |
| Other operating charges | 640/8 | €36,748 | €40,472 | +€3,724 | +10.1% |
| Gross operating margin | 9900 | €668,615 | €663,815 | -€4,801 | -0.7% |
| Operating profit (loss) | 9901 | €273,815 | €192,993 | -€80,822 | -29.5% |
| Financial income | 75/76B | €360 | €216 | -€144 | -40.0% |
| Recurring financial income | 75 | €360 | €216 | -€144 | -40.0% |
| Financial charges | 65/66B | €81,750 | €41,497 | -€40,252 | -49.2% |
| Recurring financial charges | 65 | €81,750 | €41,497 | -€40,252 | -49.2% |
| Profit (loss) for the period before taxes | 9903 | €192,425 | €151,712 | -€40,714 | -21.2% |
| Income taxes | 67/77 | €47,187 | €34,137 | -€13,050 | -27.7% |
| Profit (loss) for the period | 9904 | €145,238 | €117,574 | -€27,664 | -19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €145,238 | €117,574 | -€27,664 | -19.0% |
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 1 November 2026 via checked.be.