COOLS: 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.
COOLS
Largest movements
- Tangible fixed assets +€46,739
up €46,739 (+4,232%), from €1,104 to €47,843
of which Furniture and vehicles: +€46,920
- Cash +€13,531
up €13,531 (+45.3%), from €29,856 to €43,387
mainly Debts after one year (+€38,581) and Net result for the year (+€15,963)
- Debts after one year +€38,581
new in 2025: €38,581
- Other debts +€11,825
up €11,825 (+164%), from €7,211 to €19,035
- Current portion of long-term debt +€10,643
new in 2025: €10,643
- Gross operating margin +€6,701
up €6,701 (+29.5%), from €22,739 to €29,440
- Depreciation +€4,407
up €4,407 (+159%), from €2,772 to €7,180
- Taxes -€1,826
down €1,826 (-31.1%), from €5,881 to €4,055
- Financial charges +€1,320
up €1,320 (+972%), from €136 to €1,456
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 | €31,386 | €91,377 | +€59,992 | +191% |
| Fixed assets | 21/28 | €1,104 | €47,843 | +€46,739 | +4,232% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €1,104 | €47,843 | +€46,739 | +4,232% |
| Plant, machinery and equipment | 23 | €368 | €187 | -€182 | -49.3% |
| Furniture and vehicles | 24 | €736 | €47,657 | +€46,920 | +6,374% |
| Current assets | 29/58 | €30,281 | €43,534 | +€13,253 | +43.8% |
| Amounts receivable within one year | 40/41 | €406 | €74 | -€332 | -81.9% |
| Trade receivables | 40 | €208 | €0 | -€208 | -100% |
| Other amounts receivable | 41 | €197 | €74 | -€124 | -62.7% |
| Cash at bank and in hand | 54/58 | €29,856 | €43,387 | +€13,531 | +45.3% |
| Deferred charges and accrued income | 490/1 | €19 | €73 | +€54 | +286% |
| Total equity and liabilities | 10/49 | €31,386 | €91,377 | +€59,992 | +191% |
| Equity | 10/15 | €19,697 | €19,690 | -€7 | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €16,697 | €16,697 | = | 0.0% |
| Distributable reserves | 133 | €16,697 | €16,697 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€7 | -€7 | |
| Amounts payable | 17/49 | €11,689 | €71,687 | +€59,999 | +513% |
| Amounts payable after more than one year | 17 | - | €38,581 | +€38,581 | |
| Financial debts | 170/4 | - | €38,581 | +€38,581 | |
| Amounts payable within one year | 42/48 | €11,689 | €33,106 | +€21,417 | +183% |
| Current portion of amounts payable after more than one year | 42 | - | €10,643 | +€10,643 | |
| Financial debts | 43 | €29 | €0 | -€29 | -100% |
| Credit institutions | 430/8 | €29 | €0 | -€29 | -100% |
| Trade debts | 44 | €1,173 | €481 | -€692 | -59.0% |
| Suppliers | 440/4 | €1,173 | €481 | -€692 | -59.0% |
| Taxes, remuneration and social security | 45 | €3,276 | €2,947 | -€329 | -10.0% |
| Taxes | 450/3 | €3,276 | €2,947 | -€329 | -10.0% |
| Other amounts payable | 47/48 | €7,211 | €19,035 | +€11,825 | +164% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,772 | €7,180 | +€4,407 | +159% |
| Other operating charges | 640/8 | €613 | €787 | +€174 | +28.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €22,739 | €29,440 | +€6,701 | +29.5% |
| Operating profit (loss) | 9901 | €19,353 | €21,474 | +€2,120 | +11.0% |
| Financial income | 75/76B | €26 | €0 | -€26 | -100.0% |
| Recurring financial income | 75 | €26 | €0 | -€26 | -100.0% |
| Financial charges | 65/66B | €136 | €1,456 | +€1,320 | +972% |
| Recurring financial charges | 65 | €136 | €1,456 | +€1,320 | +972% |
| Profit (loss) for the period before taxes | 9903 | €19,244 | €20,017 | +€773 | +4.0% |
| Income taxes | 67/77 | €5,881 | €4,055 | -€1,826 | -31.1% |
| Profit (loss) for the period | 9904 | €13,363 | €15,963 | +€2,600 | +19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,363 | €15,963 | +€2,600 | +19.5% |
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 14 October 2026 via checked.be.