Cools Dairy: 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 Dairy
Largest movements
- Tangible fixed assets +€5.4m
up €5.4m (+41.8%), from €12.9m to €18.3m
of which Plant, machinery and equipment: +€4.0m
- Cash +€1.9m
up €1.9m (+143.6%), from €1.3m to €3.3m
mainly Debts after one year (+€3.4m) and Net result for the year (+€2.5m)
- Stocks and contracts -€1.2m
down €1.2m (-23.7%), from €5.0m to €3.8m
- Receivables within one year +€1.1m
up €1.1m (+344.0%), from €308,508 to €1.4m
of which Trade receivables: +€939,105
- Debts after one year +€3.4m
up €3.4m (+32.2%), from €10.5m to €13.8m
- Reserves +€2.5m
up €2.5m (+46.3%), from €5.4m to €7.9m
of which Distributable reserves: +€2.1m
- Trade debts +€1.2m
up €1.2m (+78.3%), from €1.5m to €2.7m
- Gross operating margin +€2.2m
up €2.2m (+63.6%), from €3.5m to €5.8m
- Depreciation +€434,246
up €434,246 (+27.3%), from €1.6m to €2.0m
- Taxes +€320,560
up €320,560 (+120.2%), from €266,691 to €587,251
- Financial charges +€88,283
up €88,283 (+17.3%), from €510,439 to €598,722
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 | €19,850,848 | €26,976,042 | +€7.1m | +35.9% |
| Fixed assets | 21/28 | €13,180,013 | €18,500,476 | +€5.3m | +40.4% |
| Intangible fixed assets | 21 | €244,416 | €154,637 | -€89,779 | -36.7% |
| Tangible fixed assets | 22/27 | €12,935,597 | €18,345,839 | +€5.4m | +41.8% |
| Land and buildings | 22 | €11,258,501 | €12,532,290 | +€1.3m | +11.3% |
| Plant, machinery and equipment | 23 | €906,115 | €4,872,811 | +€4.0m | +437.8% |
| Furniture and vehicles | 24 | €55,055 | €14,195 | -€40,860 | -74.2% |
| Leasing and similar rights | 25 | €715,926 | €926,543 | +€210,617 | +29.4% |
| Current assets | 29/58 | €6,670,835 | €8,475,565 | +€1.8m | +27.1% |
| Stocks and contracts in progress | 3 | €4,959,200 | €3,784,350 | -€1.2m | -23.7% |
| Stocks | 30/36 | €4,959,200 | €3,784,350 | -€1.2m | -23.7% |
| Amounts receivable within one year | 40/41 | €308,508 | €1,369,854 | +€1.1m | +344.0% |
| Trade receivables | 40 | €168,888 | €1,107,993 | +€939,105 | +556.1% |
| Other amounts receivable | 41 | €139,620 | €261,861 | +€122,241 | +87.6% |
| Cash at bank and in hand | 54/58 | €1,341,523 | €3,267,520 | +€1.9m | +143.6% |
| Deferred charges and accrued income | 490/1 | €61,603 | €53,841 | -€7,762 | -12.6% |
| Total equity and liabilities | 10/49 | €19,850,848 | €26,976,042 | +€7.1m | +35.9% |
| Equity | 10/15 | €5,417,088 | €7,904,671 | +€2.5m | +45.9% |
| Contributions | 10/11 | €31,353 | €31,353 | = | 0.0% |
| Reserves | 13 | €5,374,438 | €7,863,428 | +€2.5m | +46.3% |
| Tax-exempt reserves | 132 | €93,471 | €514,153 | +€420,682 | +450.1% |
| Distributable reserves | 133 | €5,280,968 | €7,349,275 | +€2.1m | +39.2% |
| Investment grants | 15 | €11,297 | €9,890 | -€1,407 | -12.5% |
| Provisions and deferred taxes | 16 | €31,751 | €31,571 | -€180 | -0.6% |
| Deferred taxes | 168 | €31,751 | €31,571 | -€180 | -0.6% |
| Amounts payable | 17/49 | €14,402,008 | €19,039,800 | +€4.6m | +32.2% |
| Amounts payable after more than one year | 17 | €10,464,093 | €13,830,625 | +€3.4m | +32.2% |
| Financial debts | 170/4 | €10,464,093 | €13,830,625 | +€3.4m | +32.2% |
| Amounts payable within one year | 42/48 | €3,937,715 | €5,209,075 | +€1.3m | +32.3% |
| Current portion of amounts payable after more than one year | 42 | €1,464,311 | €1,729,786 | +€265,475 | +18.1% |
| Financial debts | 43 | €166,000 | €0 | -€166,000 | -100.0% |
| Credit institutions | 430/8 | €166,000 | €0 | -€166,000 | -100.0% |
| Trade debts | 44 | €1,502,884 | €2,679,438 | +€1.2m | +78.3% |
| Suppliers | 440/4 | €1,502,884 | €2,679,438 | +€1.2m | +78.3% |
| Taxes, remuneration and social security | 45 | €38,162 | €129,470 | +€91,308 | +239.3% |
| Taxes | 450/3 | €38,162 | €129,470 | +€91,308 | +239.3% |
| Other amounts payable | 47/48 | €766,358 | €670,380 | -€95,978 | -12.5% |
| Accrued charges and deferred income | 492/3 | €200 | €100 | -€100 | -50.0% |
| Non-recurring operating income | 76A | €202,928 | €926 | -€202,001 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,593,300 | €2,027,546 | +€434,246 | +27.3% |
| Other operating charges | 640/8 | €67,226 | €79,527 | +€12,301 | +18.3% |
| Non-recurring operating charges | 66A | €1,458 | €0 | -€1,458 | -100.0% |
| Gross operating margin | 9900 | €3,530,090 | €5,773,874 | +€2.2m | +63.6% |
| Operating profit (loss) | 9901 | €1,868,106 | €3,666,801 | +€1.8m | +96.3% |
| Financial income | 75/76B | €8,462 | €7,981 | -€481 | -5.7% |
| Recurring financial income | 75 | €8,462 | €7,981 | -€481 | -5.7% |
| Financial charges | 65/66B | €510,439 | €598,722 | +€88,283 | +17.3% |
| Recurring financial charges | 65 | €510,439 | €598,722 | +€88,283 | +17.3% |
| Profit (loss) for the period before taxes | 9903 | €1,366,130 | €3,076,060 | +€1.7m | +125.2% |
| Transfer from deferred taxes | 780 | €74 | €180 | +€106 | +143.1% |
| Transfer to deferred taxes | 680 | €31,157 | €0 | -€31,157 | -100.0% |
| Income taxes | 67/77 | €266,691 | €587,251 | +€320,560 | +120.2% |
| Profit (loss) for the period | 9904 | €1,068,356 | €2,488,989 | +€1.4m | +133.0% |
| Transfer from tax-exempt reserves | 789 | - | €318 | +€318 | |
| Transfer to tax-exempt reserves | 689 | €93,471 | €421,000 | +€327,529 | +350.4% |
| Profit (loss) for the period to be appropriated | 9905 | €974,885 | €2,068,307 | +€1.1m | +112.2% |
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 12 October 2026 via checked.be.