COOLS GABRIEL: 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 GABRIEL
Largest movements
- Tangible fixed assets +€69,876
up €69,876 (+12.4%), from €563,107 to €632,983
of which Plant, machinery and equipment: +€110,753
- Intangible fixed assets -€58,720
down €58,720 (-15.4%), from €382,095 to €323,375
- Cash -€49,621
down €49,621 (-51.9%), from €95,682 to €46,061
mainly Investment in fixed assets (net) (-€169,678) and Tax, wage and social debts (-€22,466)
- Receivables within one year -€27,039
down €27,039 (-12.9%), from €210,264 to €183,225
of which Trade receivables: -€23,344
- Deferred charges and accrued income +€16,193
up €16,193 (+84.3%), from €19,199 to €35,392
- Tax, wage and social debts -€22,466
down €22,466 (-36.2%), from €62,037 to €39,571
of which Remuneration and social security: -€12,325
- Staff costs -€51,924
down €51,924 (-16.3%), from €318,141 to €266,217
- Gross operating margin -€34,449
down €34,449 (-6.7%), from €514,330 to €479,881
- Financial charges -€15,783
down €15,783 (-36.8%), from €42,935 to €27,153
- Depreciation +€9,208
up €9,208 (+6.2%), from €149,315 to €158,523
- Taxes +€6,686
up €6,686 (+45.8%), from €14,605 to €21,291
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 | €1,584,829 | €1,537,347 | -€47,482 | -3.0% |
| Fixed assets | 21/28 | €1,244,387 | €1,255,542 | +€11,155 | +0.9% |
| Intangible fixed assets | 21 | €382,095 | €323,375 | -€58,720 | -15.4% |
| Tangible fixed assets | 22/27 | €563,107 | €632,983 | +€69,876 | +12.4% |
| Land and buildings | 22 | €275,769 | €255,573 | -€20,196 | -7.3% |
| Plant, machinery and equipment | 23 | €219,782 | €330,534 | +€110,753 | +50.4% |
| Furniture and vehicles | 24 | €67,555 | €46,875 | -€20,681 | -30.6% |
| Financial fixed assets | 28 | €299,185 | €299,185 | = | 0.0% |
| Current assets | 29/58 | €340,442 | €281,805 | -€58,638 | -17.2% |
| Stocks and contracts in progress | 3 | €15,296 | €17,126 | +€1,829 | +12.0% |
| Stocks | 30/36 | €15,296 | €17,126 | +€1,829 | +12.0% |
| Amounts receivable within one year | 40/41 | €210,264 | €183,225 | -€27,039 | -12.9% |
| Trade receivables | 40 | €198,594 | €175,250 | -€23,344 | -11.8% |
| Other amounts receivable | 41 | €11,670 | €7,976 | -€3,694 | -31.7% |
| Cash at bank and in hand | 54/58 | €95,682 | €46,061 | -€49,621 | -51.9% |
| Deferred charges and accrued income | 490/1 | €19,199 | €35,392 | +€16,193 | +84.3% |
| Total equity and liabilities | 10/49 | €1,584,829 | €1,537,347 | -€47,482 | -3.0% |
| Equity | 10/15 | €328,848 | €322,540 | -€6,308 | -1.9% |
| Contributions | 10/11 | €80,092 | €80,092 | = | 0.0% |
| Reserves | 13 | €248,756 | €242,448 | -€6,308 | -2.5% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €192,506 | €186,198 | -€6,308 | -3.3% |
| Amounts payable | 17/49 | €1,255,982 | €1,214,807 | -€41,174 | -3.3% |
| Amounts payable after more than one year | 17 | €318,712 | €317,379 | -€1,333 | -0.4% |
| Financial debts | 170/4 | €318,712 | €317,379 | -€1,333 | -0.4% |
| Amounts payable within one year | 42/48 | €919,692 | €894,787 | -€24,905 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €305,178 | €295,392 | -€9,786 | -3.2% |
| Financial debts | 43 | €111,112 | €100,000 | -€11,112 | -10.0% |
| Credit institutions | 430/8 | €111,112 | €100,000 | -€11,112 | -10.0% |
| Trade debts | 44 | €168,824 | €175,932 | +€7,108 | +4.2% |
| Suppliers | 440/4 | €168,824 | €175,932 | +€7,108 | +4.2% |
| Taxes, remuneration and social security | 45 | €62,037 | €39,571 | -€22,466 | -36.2% |
| Taxes | 450/3 | €25,152 | €15,011 | -€10,141 | -40.3% |
| Remuneration and social security | 454/9 | €36,886 | €24,560 | -€12,325 | -33.4% |
| Other amounts payable | 47/48 | €272,540 | €283,892 | +€11,352 | +4.2% |
| Accrued charges and deferred income | 492/3 | €17,578 | €2,642 | -€14,936 | -85.0% |
| Remuneration, social security and pensions | 62 | €318,141 | €266,217 | -€51,924 | -16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149,315 | €158,523 | +€9,208 | +6.2% |
| Other operating charges | 640/8 | €15,237 | €13,218 | -€2,019 | -13.2% |
| Non-recurring operating charges | 66A | €399 | €0 | -€399 | -100.0% |
| Gross operating margin | 9900 | €514,330 | €479,881 | -€34,449 | -6.7% |
| Operating profit (loss) | 9901 | €31,238 | €41,923 | +€10,685 | +34.2% |
| Financial income | 75/76B | €1,723 | €213 | -€1,510 | -87.7% |
| Recurring financial income | 75 | €1,723 | €213 | -€1,510 | -87.7% |
| Financial charges | 65/66B | €42,935 | €27,153 | -€15,783 | -36.8% |
| Recurring financial charges | 65 | €42,935 | €27,153 | -€15,783 | -36.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,975 | €14,983 | +€24,957 | |
| Income taxes | 67/77 | €14,605 | €21,291 | +€6,686 | +45.8% |
| Profit (loss) for the period | 9904 | -€24,580 | -€6,308 | +€18,272 | +74.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,580 | -€6,308 | +€18,272 | +74.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.