Cools Grondwerken: what changed
Cools Grondwerken
Largest movements
- Tangible fixed assets -€12,394
down €12,394 (-23.7%), from €52,193 to €39,799
of which Furniture and vehicles: -€7,072
- Receivables within one year +€2,501
up €2,501 (+15.5%), from €16,118 to €18,619
of which Other amounts receivable: +€4,396
- Cash +€2,303
up €2,303 (+56.3%), from €4,087 to €6,390
mainly Depreciation (+€12,394) and Net result for the year (+€5,060)
- Debts after one year -€9,088
down €9,088 (-25.7%), from €35,356 to €26,268
- Reserves +€3,620
up €3,620 (+24.4%), from €14,808 to €18,428
- Trade debts -€2,194
down €2,194 (-57.3%), from €3,827 to €1,633
- Profit (loss) carried forward +€1,440
no longer reported in 2024 (was -€1,440)
- Tax, wage and social debts -€1,379
down €1,379 (-22.4%), from €6,148 to €4,769
- Gross operating margin +€15,755
up €15,755 (+236%), from €6,672 to €22,428
- Depreciation +€6,600
up €6,600 (+114%), from €5,794 to €12,394
- Taxes +€2,299
up €2,299 (+2,618%), from €88 to €2,387
- Financial charges +€1,012
up €1,012 (+73.5%), from €1,376 to €2,388
- Other operating charges -€335
down €335 (-39.1%), from €855 to €521
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €72,805 | €65,190 | -€7,615 | -10.5% |
| Fixed assets | 21/28 | €52,193 | €39,799 | -€12,394 | -23.7% |
| Tangible fixed assets | 22/27 | €52,193 | €39,799 | -€12,394 | -23.7% |
| Plant, machinery and equipment | 23 | €2,436 | €1,494 | -€942 | -38.7% |
| Furniture and vehicles | 24 | €28,060 | €20,988 | -€7,072 | -25.2% |
| Leasing and similar rights | 25 | €21,696 | €17,316 | -€4,380 | -20.2% |
| Current assets | 29/58 | €20,613 | €25,391 | +€4,779 | +23.2% |
| Amounts receivable within one year | 40/41 | €16,118 | €18,619 | +€2,501 | +15.5% |
| Trade receivables | 40 | €10,523 | €8,628 | -€1,895 | -18.0% |
| Other amounts receivable | 41 | €5,595 | €9,991 | +€4,396 | +78.6% |
| Cash at bank and in hand | 54/58 | €4,087 | €6,390 | +€2,303 | +56.3% |
| Deferred charges and accrued income | 490/1 | €408 | €383 | -€25 | -6.1% |
| Total equity and liabilities | 10/49 | €72,805 | €65,190 | -€7,615 | -10.5% |
| Equity | 10/15 | €18,368 | €23,428 | +€5,060 | +27.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €14,808 | €18,428 | +€3,620 | +24.4% |
| Distributable reserves | 133 | €14,808 | €18,428 | +€3,620 | +24.4% |
| Profit (loss) carried forward | 14 | -€1,440 | - | +€1,440 | |
| Amounts payable | 17/49 | €54,437 | €41,762 | -€12,676 | -23.3% |
| Amounts payable after more than one year | 17 | €35,356 | €26,268 | -€9,088 | -25.7% |
| Financial debts | 170/4 | €35,356 | €26,268 | -€9,088 | -25.7% |
| Amounts payable within one year | 42/48 | €18,601 | €15,493 | -€3,107 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €8,626 | €9,088 | +€462 | +5.4% |
| Trade debts | 44 | €3,827 | €1,633 | -€2,194 | -57.3% |
| Suppliers | 440/4 | €3,827 | €1,633 | -€2,194 | -57.3% |
| Taxes, remuneration and social security | 45 | €6,148 | €4,769 | -€1,379 | -22.4% |
| Taxes | 450/3 | €6,148 | €4,769 | -€1,379 | -22.4% |
| Other amounts payable | 47/48 | - | €4 | +€4 | |
| Accrued charges and deferred income | 492/3 | €480 | - | -€480 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,794 | €12,394 | +€6,600 | +114% |
| Other operating charges | 640/8 | €855 | €521 | -€335 | -39.1% |
| Gross operating margin | 9900 | €6,672 | €22,428 | +€15,755 | +236% |
| Operating profit (loss) | 9901 | €23 | €9,513 | +€9,490 | +41,010% |
| Financial income | 75/76B | €0 | €322 | +€321 | +66,975% |
| Recurring financial income | 75 | €0 | €322 | +€321 | +66,975% |
| Financial charges | 65/66B | €1,376 | €2,388 | +€1,012 | +73.5% |
| Recurring financial charges | 65 | €1,376 | €2,388 | +€1,012 | +73.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,353 | €7,447 | +€8,800 | |
| Income taxes | 67/77 | €88 | €2,387 | +€2,299 | +2,618% |
| Profit (loss) for the period | 9904 | -€1,440 | €5,060 | +€6,501 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,440 | €5,060 | +€6,501 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.