COOLS BEYERS: 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.
COOLS BEYERS
Largest movements
- Cash +€32,313
up €32,313 (+32.0%), from €101,125 to €133,438
mainly Net result for the year (+€52,463) and Depreciation (+€26,452)
- Tangible fixed assets -€23,502
down €23,502 (-5.6%), from €416,512 to €393,010
of which Land and buildings: -€22,601
- Receivables within one year -€12,849
down €12,849 (-50.0%), from €25,719 to €12,870
of which Trade receivables: -€18,628
- Reserves +€30,000
up €30,000 (+36.1%), from €83,032 to €113,032
of which Distributable reserves: +€30,000
- Debts after one year -€25,773
down €25,773 (-22.1%), from €116,733 to €90,960
- Tax, wage and social debts -€21,688
down €21,688 (-56.8%), from €38,150 to €16,463
of which Remuneration and social security: -€19,685
- Accrued charges and deferred income -€18,400
down €18,400 (-71.7%), from €25,680 to €7,279
- Profit (loss) carried forward +€17,463
up €17,463 (+8.2%), from €214,228 to €231,690
- Staff costs -€19,094
down €19,094 (-20.4%), from €93,438 to €74,344
- Taxes +€15,032
up €15,032 (+270.0%), from €5,568 to €20,600
- Gross operating margin +€3,626
up €3,626 (+1.9%), from €188,079 to €191,705
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 | €551,407 | €547,370 | -€4,037 | -0.7% |
| Fixed assets | 21/28 | €418,297 | €394,795 | -€23,502 | -5.6% |
| Tangible fixed assets | 22/27 | €416,512 | €393,010 | -€23,502 | -5.6% |
| Land and buildings | 22 | €394,235 | €371,634 | -€22,601 | -5.7% |
| Plant, machinery and equipment | 23 | €22,277 | €21,376 | -€901 | -4.0% |
| Financial fixed assets | 28 | €1,784 | €1,784 | = | 0.0% |
| Current assets | 29/58 | €133,110 | €152,575 | +€19,465 | +14.6% |
| Stocks and contracts in progress | 3 | €6,267 | €6,267 | = | 0.0% |
| Stocks | 30/36 | €6,267 | €6,267 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €25,719 | €12,870 | -€12,849 | -50.0% |
| Trade receivables | 40 | €22,497 | €3,869 | -€18,628 | -82.8% |
| Other amounts receivable | 41 | €3,222 | €9,001 | +€5,779 | +179.4% |
| Cash at bank and in hand | 54/58 | €101,125 | €133,438 | +€32,313 | +32.0% |
| Total equity and liabilities | 10/49 | €551,407 | €547,370 | -€4,037 | -0.7% |
| Equity | 10/15 | €322,260 | €369,722 | +€47,463 | +14.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €83,032 | €113,032 | +€30,000 | +36.1% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €55,761 | €55,761 | = | 0.0% |
| Distributable reserves | 133 | €24,771 | €54,771 | +€30,000 | +121.1% |
| Profit (loss) carried forward | 14 | €214,228 | €231,690 | +€17,463 | +8.2% |
| Amounts payable | 17/49 | €229,147 | €177,648 | -€51,500 | -22.5% |
| Amounts payable after more than one year | 17 | €116,733 | €90,960 | -€25,773 | -22.1% |
| Financial debts | 170/4 | €116,733 | €90,960 | -€25,773 | -22.1% |
| Amounts payable within one year | 42/48 | €86,735 | €79,409 | -€7,326 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €36,443 | €36,645 | +€202 | +0.6% |
| Trade debts | 44 | €11,276 | €20,436 | +€9,159 | +81.2% |
| Suppliers | 440/4 | €11,276 | €20,436 | +€9,159 | +81.2% |
| Advances received on contracts in progress | 46 | €865 | €865 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €38,150 | €16,463 | -€21,688 | -56.8% |
| Taxes | 450/3 | €3,760 | €1,758 | -€2,002 | -53.3% |
| Remuneration and social security | 454/9 | €34,390 | €14,705 | -€19,685 | -57.2% |
| Other amounts payable | 47/48 | €0 | €5,000 | +€5,000 | |
| Accrued charges and deferred income | 492/3 | €25,680 | €7,279 | -€18,400 | -71.7% |
| Non-recurring operating income | 76A | €1,650 | €0 | -€1,650 | -100.0% |
| Remuneration, social security and pensions | 62 | €93,438 | €74,344 | -€19,094 | -20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,428 | €26,452 | +€24 | +0.1% |
| Other operating charges | 640/8 | €6,101 | €7,737 | +€1,636 | +26.8% |
| Gross operating margin | 9900 | €188,079 | €191,705 | +€3,626 | +1.9% |
| Operating profit (loss) | 9901 | €62,112 | €83,173 | +€21,061 | +33.9% |
| Financial income | 75/76B | €482 | €1,618 | +€1,137 | +236.0% |
| Recurring financial income | 75 | €482 | €1,618 | +€1,137 | +236.0% |
| Financial charges | 65/66B | €12,210 | €11,728 | -€482 | -3.9% |
| Recurring financial charges | 65 | €12,210 | €11,728 | -€482 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €50,384 | €73,063 | +€22,679 | +45.0% |
| Income taxes | 67/77 | €5,568 | €20,600 | +€15,032 | +270.0% |
| Profit (loss) for the period | 9904 | €44,816 | €52,463 | +€7,647 | +17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €44,816 | €52,463 | +€7,647 | +17.1% |
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 6 October 2026 via checked.be.