Cools Energy Line: 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 Energy Line
Largest movements
- Tangible fixed assets -€115,850
down €115,850 (-38.3%), from €302,232 to €186,382
of which Land and buildings: -€69,168
- Receivables within one year +€54,437
up €54,437 (+12.0%), from €453,883 to €508,320
of which Trade receivables: +€53,560
- Stocks and contracts -€43,098
down €43,098 (-47.5%), from €90,704 to €47,606
- Deferred charges and accrued income -€17,546
down €17,546 (-99.9%), from €17,564 to €18
- Other debts -€78,548
no longer reported in 2025 (was €78,548)
- Debts after one year -€30,678
down €30,678 (-9.1%), from €335,955 to €305,277
- Tax, wage and social debts -€14,033
down €14,033 (-35.5%), from €39,496 to €25,463
of which Remuneration and social security: -€13,770
- Depreciation -€29,458
down €29,458 (-19.5%), from €150,920 to €121,462
- Financial charges +€7,068
up €7,068 (+50.8%), from €13,920 to €20,988
- Staff costs +€5,983
up €5,983 (+3.0%), from €198,751 to €204,734
- Taxes -€4,347
down €4,347 (-46.4%), from €9,373 to €5,026
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 | €1,283,722 | €1,165,435 | -€118,287 | -9.2% |
| Fixed assets | 21/28 | €325,013 | €209,162 | -€115,851 | -35.6% |
| Tangible fixed assets | 22/27 | €302,232 | €186,382 | -€115,850 | -38.3% |
| Land and buildings | 22 | €124,210 | €55,042 | -€69,168 | -55.7% |
| Plant, machinery and equipment | 23 | €83,634 | €65,601 | -€18,033 | -21.6% |
| Furniture and vehicles | 24 | €94,388 | €65,739 | -€28,649 | -30.4% |
| Financial fixed assets | 28 | €22,780 | €22,780 | -€0 | 0.0% |
| Current assets | 29/58 | €958,709 | €956,273 | -€2,436 | -0.3% |
| Stocks and contracts in progress | 3 | €90,704 | €47,606 | -€43,098 | -47.5% |
| Stocks | 30/36 | €90,704 | €47,606 | -€43,098 | -47.5% |
| Amounts receivable within one year | 40/41 | €453,883 | €508,320 | +€54,437 | +12.0% |
| Trade receivables | 40 | €427,989 | €481,549 | +€53,560 | +12.5% |
| Other amounts receivable | 41 | €25,894 | €26,771 | +€877 | +3.4% |
| Cash at bank and in hand | 54/58 | €396,559 | €400,329 | +€3,770 | +1.0% |
| Deferred charges and accrued income | 490/1 | €17,564 | €18 | -€17,546 | -99.9% |
| Total equity and liabilities | 10/49 | €1,283,722 | €1,165,435 | -€118,287 | -9.2% |
| Equity | 10/15 | €341,959 | €350,750 | +€8,791 | +2.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €472,289 | €481,706 | +€9,417 | +2.0% |
| Non-distributable reserves | 130/1 | €29,195 | €29,195 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €29,195 | €29,195 | +€0 | 0.0% |
| Tax-exempt reserves | 132 | €28,215 | €28,215 | -€0 | 0.0% |
| Distributable reserves | 133 | €414,879 | €424,296 | +€9,417 | +2.3% |
| Profit (loss) carried forward | 14 | -€148,930 | -€149,556 | -€626 | -0.4% |
| Amounts payable | 17/49 | €941,763 | €814,685 | -€127,078 | -13.5% |
| Amounts payable after more than one year | 17 | €335,955 | €305,277 | -€30,678 | -9.1% |
| Financial debts | 170/4 | €335,955 | €305,277 | -€30,678 | -9.1% |
| Amounts payable within one year | 42/48 | €601,740 | €509,408 | -€92,332 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €36,851 | €28,980 | -€7,871 | -21.4% |
| Trade debts | 44 | €446,845 | €454,965 | +€8,120 | +1.8% |
| Suppliers | 440/4 | €446,845 | €454,965 | +€8,120 | +1.8% |
| Taxes, remuneration and social security | 45 | €39,496 | €25,463 | -€14,033 | -35.5% |
| Taxes | 450/3 | €15,203 | €14,940 | -€263 | -1.7% |
| Remuneration and social security | 454/9 | €24,293 | €10,523 | -€13,770 | -56.7% |
| Other amounts payable | 47/48 | €78,548 | - | -€78,548 | |
| Accrued charges and deferred income | 492/3 | €4,068 | - | -€4,068 | |
| Remuneration, social security and pensions | 62 | €198,751 | €204,734 | +€5,983 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €150,920 | €121,462 | -€29,458 | -19.5% |
| Other operating charges | 640/8 | €9,258 | €6,878 | -€2,380 | -25.7% |
| Non-recurring operating charges | 66A | - | €37,415 | +€37,415 | |
| Gross operating margin | 9900 | €406,698 | €405,425 | -€1,273 | -0.3% |
| Operating profit (loss) | 9901 | €47,769 | €34,936 | -€12,833 | -26.9% |
| Financial income | 75/76B | €47 | €495 | +€449 | +965% |
| Recurring financial income | 75 | €47 | €495 | +€449 | +965% |
| Financial charges | 65/66B | €13,920 | €20,988 | +€7,068 | +50.8% |
| Recurring financial charges | 65 | €13,920 | €20,988 | +€7,068 | +50.8% |
| Profit (loss) for the period before taxes | 9903 | €33,896 | €14,443 | -€19,453 | -57.4% |
| Transfer to deferred taxes | 680 | €1,130 | - | -€1,130 | |
| Income taxes | 67/77 | €9,373 | €5,026 | -€4,347 | -46.4% |
| Profit (loss) for the period | 9904 | €23,392 | €9,417 | -€13,975 | -59.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,392 | €9,417 | -€13,975 | -59.7% |
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 29 October 2026 via checked.be.