COOLS Dries: 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 Dries
Largest movements
- Cash -€577,605
down €577,605 (-82.0%), from €704,706 to €127,102
mainly Contributions, distributions and other (-€589,194) and Current investments (-€241,571)
- Current investments +€241,571
up €241,571 (+57.8%), from €417,899 to €659,469
- Receivables within one year -€98,285
down €98,285 (-26.7%), from €368,277 to €269,992
of which Trade receivables: -€207,705
- Financial fixed assets -€45,700
down €45,700 (-12.8%), from €358,035 to €312,335
- Reserves -€315,190
down €315,190 (-18.3%), from €1.7m to €1.4m
of which Distributable reserves: -€315,190
- Debts after one year -€72,834
down €72,834 (-6.1%), from €1.2m to €1.1m
- Tax, wage and social debts -€65,991
down €65,991 (-72.1%), from €91,523 to €25,533
- Trade debts -€40,108
down €40,108 (-94.6%), from €42,401 to €2,293
- Financial income -€725,268
down €725,268 (-98.3%), from €737,910 to €12,641
of which Non-recurring financial income: -€624,750
- Gross operating margin +€185,831
up €185,831 (+45.1%), from €411,851 to €597,683
- Depreciation +€35,742
up €35,742 (+37.4%), from €95,622 to €131,364
- Financial charges +€10,390
up €10,390 (+23.1%), from €45,015 to €55,404
- Taxes -€6,348
down €6,348 (-4.8%), from €132,665 to €126,317
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 | €3,690,727 | €3,230,934 | -€459,793 | -12.5% |
| Fixed assets | 21/28 | €2,189,303 | €2,159,594 | -€29,709 | -1.4% |
| Tangible fixed assets | 22/27 | €1,831,268 | €1,847,259 | +€15,991 | +0.9% |
| Land and buildings | 22 | €1,751,639 | €1,762,273 | +€10,634 | +0.6% |
| Plant, machinery and equipment | 23 | €62,241 | €56,412 | -€5,829 | -9.4% |
| Furniture and vehicles | 24 | - | €11,186 | +€11,186 | |
| Other tangible fixed assets | 26 | €17,389 | €17,389 | = | 0.0% |
| Financial fixed assets | 28 | €358,035 | €312,335 | -€45,700 | -12.8% |
| Current assets | 29/58 | €1,501,424 | €1,071,340 | -€430,084 | -28.6% |
| Amounts receivable within one year | 40/41 | €368,277 | €269,992 | -€98,285 | -26.7% |
| Trade receivables | 40 | €257,761 | €50,056 | -€207,705 | -80.6% |
| Other amounts receivable | 41 | €110,516 | €219,936 | +€109,419 | +99.0% |
| Current investments | 50/53 | €417,899 | €659,469 | +€241,571 | +57.8% |
| Cash at bank and in hand | 54/58 | €704,706 | €127,102 | -€577,605 | -82.0% |
| Deferred charges and accrued income | 490/1 | €10,543 | €14,778 | +€4,235 | +40.2% |
| Total equity and liabilities | 10/49 | €3,690,727 | €3,230,934 | -€459,793 | -12.5% |
| Equity | 10/15 | €1,719,322 | €1,404,132 | -€315,190 | -18.3% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €1,719,321 | €1,404,131 | -€315,190 | -18.3% |
| Tax-exempt reserves | 132 | €442 | €442 | = | 0.0% |
| Distributable reserves | 133 | €1,718,878 | €1,403,688 | -€315,190 | -18.3% |
| Profit (loss) carried forward | 14 | - | -€0 | -€0 | |
| Amounts payable | 17/49 | €1,971,406 | €1,826,802 | -€144,603 | -7.3% |
| Amounts payable after more than one year | 17 | €1,187,140 | €1,114,306 | -€72,834 | -6.1% |
| Financial debts | 170/4 | €1,187,140 | €1,114,306 | -€72,834 | -6.1% |
| Amounts payable within one year | 42/48 | €784,266 | €712,496 | -€71,770 | -9.2% |
| Current portion of amounts payable after more than one year | 42 | €70,244 | €72,834 | +€2,590 | +3.7% |
| Trade debts | 44 | €42,401 | €2,293 | -€40,108 | -94.6% |
| Suppliers | 440/4 | €42,401 | €2,293 | -€40,108 | -94.6% |
| Taxes, remuneration and social security | 45 | €91,523 | €25,533 | -€65,991 | -72.1% |
| Taxes | 450/3 | €91,523 | €25,533 | -€65,991 | -72.1% |
| Other amounts payable | 47/48 | €580,098 | €611,837 | +€31,739 | +5.5% |
| Non-recurring operating income | 76A | - | €9,000 | +€9,000 | |
| Remuneration, social security and pensions | 62 | €21,286 | €21,199 | -€87 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,622 | €131,364 | +€35,742 | +37.4% |
| Other operating charges | 640/8 | €2,124 | €2,035 | -€89 | -4.2% |
| Gross operating margin | 9900 | €411,851 | €597,683 | +€185,831 | +45.1% |
| Operating profit (loss) | 9901 | €292,820 | €443,085 | +€150,265 | +51.3% |
| Financial income | 75/76B | €737,910 | €12,641 | -€725,268 | -98.3% |
| Recurring financial income | 75 | €113,160 | €12,641 | -€100,518 | -88.8% |
| Non-recurring financial income | 76B | €624,750 | - | -€624,750 | |
| Financial charges | 65/66B | €45,015 | €55,404 | +€10,390 | +23.1% |
| Recurring financial charges | 65 | €45,015 | €55,404 | +€10,390 | +23.1% |
| Profit (loss) for the period before taxes | 9903 | €985,715 | €400,322 | -€585,393 | -59.4% |
| Income taxes | 67/77 | €132,665 | €126,317 | -€6,348 | -4.8% |
| Profit (loss) for the period | 9904 | €853,050 | €274,004 | -€579,045 | -67.9% |
| Profit (loss) for the period to be appropriated | 9905 | €853,050 | €274,004 | -€579,045 | -67.9% |
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 28 September 2026 via checked.be.