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COOLS PARTNERS: 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.

What changed

COOLS PARTNERS

BE 0423.344.622
NACE 73.110, Advertising agencies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€16,623
2024 · -€19,100+€2,477
Equity
€513,951
2024 · €530,574-€16,623
Cash
€77,577
2024 · €45,601+€31,976
Balance sheet total
€706,966
2024 · €725,797-€18,831

Largest movements

2024 to 2025
Assets
  • Cash +€31,976

    up €31,976 (+70.1%), from €45,601 to €77,577

    mainly Current investments (+€30,000) and Depreciation (+€21,161)

  • Current investments -€30,000

    down €30,000 (-23.1%), from €130,000 to €100,000

  • Tangible fixed assets -€21,161

    down €21,161 (-3.9%), from €549,072 to €527,910

    of which Land and buildings: -€21,132

Equity and liabilities
  • Reserves -€16,623

    down €16,623 (-3.5%), from €468,601 to €451,978

    of which Tax-exempt reserves: -€9,014

Income statement
  • Gross operating margin +€1,312

    up €1,312 (+514.7%), from €255 to €1,567

  • Financial income +€1,143

    up €1,143 (+33.6%), from €3,398 to €4,540

  • Depreciation -€95

    down €95 (-0.4%), from €21,257 to €21,161

  • Staff costs +€53

    up €53 (+2.8%), from €1,873 to €1,927

  • Financial charges +€44

    up €44 (+22.1%), from €197 to €241

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€19,100
Gross operating margin +€1,312
Staff costs -€53
Depreciation +€95
Other operating charges +€24
Financial income +€1,143
Financial charges -€44
Result 2025 -€16,623

Cash bridge derived

cash 2024 to 2025

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.

From operations +€1,976
Investment +€30,000
Financing €0
Cash 2024 €45,601
Net result for the year -€16,623
Depreciation +€21,161
Receivables within one year -€355
Provisions -€4,642
Trade debts -€2,023
Other debts +€4,445
Accrued charges and deferred income +€12
Current investments +€30,000
Cash 2025 €77,577
Every line side by side 47 lines
Line Code 2024 2025 Change %
Total assets 20/58 €725,797 €706,966 -€18,831 -2.6%
Fixed assets 21/28 €549,072 €527,910 -€21,161 -3.9%
Tangible fixed assets 22/27 €549,072 €527,910 -€21,161 -3.9%
Land and buildings 22 €549,042 €527,910 -€21,132 -3.8%
Other tangible fixed assets 26 €29 €0 -€29 -100.0%
Current assets 29/58 €176,725 €179,056 +€2,331 +1.3%
Amounts receivable within one year 40/41 €1,124 €1,479 +€355 +31.6%
Trade receivables 40 €0 - =
Other amounts receivable 41 €1,124 €1,479 +€355 +31.6%
Current investments 50/53 €130,000 €100,000 -€30,000 -23.1%
Cash at bank and in hand 54/58 €45,601 €77,577 +€31,976 +70.1%
Deferred charges and accrued income 490/1 €0 - =
Total equity and liabilities 10/49 €725,797 €706,966 -€18,831 -2.6%
Equity 10/15 €530,574 €513,951 -€16,623 -3.1%
Contributions 10/11 €61,973 €61,973 = 0.0%
Capital 10 €61,973 €61,973 = 0.0%
Issued capital 100 €61,973 €61,973 = 0.0%
Reserves 13 €468,601 €451,978 -€16,623 -3.5%
Non-distributable reserves 130/1 €6,197 €6,197 = 0.0%
Legal reserve 130 €6,197 €6,197 = 0.0%
Tax-exempt reserves 132 €173,557 €164,543 -€9,014 -5.2%
Distributable reserves 133 €288,847 €281,238 -€7,609 -2.6%
Provisions and deferred taxes 16 €89,368 €84,727 -€4,642 -5.2%
Deferred taxes 168 €89,368 €84,727 -€4,642 -5.2%
Amounts payable 17/49 €105,854 €108,288 +€2,434 +2.3%
Amounts payable within one year 42/48 €105,467 €107,888 +€2,422 +2.3%
Trade debts 44 €2,242 €219 -€2,023 -90.2%
Suppliers 440/4 €2,242 €219 -€2,023 -90.2%
Taxes, remuneration and social security 45 €0 - =
Taxes 450/3 €0 - =
Other amounts payable 47/48 €103,225 €107,669 +€4,445 +4.3%
Accrued charges and deferred income 492/3 €387 €400 +€12 +3.2%
Remuneration, social security and pensions 62 €1,873 €1,927 +€53 +2.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €21,257 €21,161 -€95 -0.4%
Other operating charges 640/8 €4,067 €4,043 -€24 -0.6%
Gross operating margin 9900 €255 €1,567 +€1,312 +514.7%
Operating profit (loss) 9901 -€26,942 -€25,564 +€1,378 +5.1%
Financial income 75/76B €3,398 €4,540 +€1,143 +33.6%
Recurring financial income 75 €3,398 €4,540 +€1,143 +33.6%
Financial charges 65/66B €197 €241 +€44 +22.1%
Recurring financial charges 65 €197 €241 +€44 +22.1%
Profit (loss) for the period before taxes 9903 -€23,742 -€21,265 +€2,477 +10.4%
Transfer from deferred taxes 780 €4,642 €4,642 = 0.0%
Income taxes 67/77 €0 - =
Profit (loss) for the period 9904 -€19,100 -€16,623 +€2,477 +13.0%
Transfer from tax-exempt reserves 789 €9,014 €9,014 = 0.0%
Profit (loss) for the period to be appropriated 9905 -€10,086 -€7,609 +€2,477 +24.6%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.