COOLS PROJECTMANAGEMENT: 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 PROJECTMANAGEMENT
Largest movements
- Tangible fixed assets +€38,577
up €38,577 (+1600.7%), from €2,410 to €40,987
- Cash -€32,556
down €32,556 (-22.1%), from €147,016 to €114,460
mainly Investment in fixed assets (net) (-€46,477) and Tax, wage and social debts (-€25,570)
- Receivables within one year -€2,731
down €2,731 (-19.0%), from €14,340 to €11,609
of which Trade receivables: -€14,340
- Reserves +€30,932
up €30,932 (+33.0%), from €93,793 to €124,725
- Tax, wage and social debts -€25,570
down €25,570 (-90.7%), from €28,186 to €2,616
of which Taxes: -€23,187
- Other debts -€3,972
down €3,972 (-17.4%), from €22,797 to €18,825
- Trade debts +€1,899
up €1,899 (+486.5%), from €390 to €2,290
- Turnover +€119,018
new in 2025: €119,018
- Purchases and services +€71,637
new in 2025: €71,637
- Gross operating margin -€27,663
down €27,663 (-35.9%), from €77,081 to €49,418
- Taxes -€12,833
down €12,833 (-60.0%), from €21,386 to €8,552
- Depreciation +€7,735
up €7,735 (+4685.8%), from €165 to €7,900
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 | €163,766 | €167,056 | +€3,289 | +2.0% |
| Fixed assets | 21/28 | €2,410 | €40,987 | +€38,577 | +1600.7% |
| Tangible fixed assets | 22/27 | €2,410 | €40,987 | +€38,577 | +1600.7% |
| Furniture and vehicles | 24 | €2,410 | €40,987 | +€38,577 | +1600.7% |
| Current assets | 29/58 | €161,356 | €126,069 | -€35,287 | -21.9% |
| Amounts receivable within one year | 40/41 | €14,340 | €11,609 | -€2,731 | -19.0% |
| Trade receivables | 40 | €14,340 | €0 | -€14,340 | -100.0% |
| Other amounts receivable | 41 | - | €11,609 | +€11,609 | |
| Cash at bank and in hand | 54/58 | €147,016 | €114,460 | -€32,556 | -22.1% |
| Total equity and liabilities | 10/49 | €163,766 | €167,056 | +€3,289 | +2.0% |
| Equity | 10/15 | €112,393 | €143,325 | +€30,932 | +27.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €93,793 | €124,725 | +€30,932 | +33.0% |
| Distributable reserves | 133 | €93,793 | €124,725 | +€30,932 | +33.0% |
| Amounts payable | 17/49 | €51,373 | €23,730 | -€27,643 | -53.8% |
| Amounts payable within one year | 42/48 | €51,373 | €23,730 | -€27,643 | -53.8% |
| Trade debts | 44 | €390 | €2,290 | +€1,899 | +486.5% |
| Suppliers | 440/4 | €390 | €2,290 | +€1,899 | +486.5% |
| Taxes, remuneration and social security | 45 | €28,186 | €2,616 | -€25,570 | -90.7% |
| Taxes | 450/3 | €25,802 | €2,616 | -€23,187 | -89.9% |
| Remuneration and social security | 454/9 | €2,383 | - | -€2,383 | |
| Other amounts payable | 47/48 | €22,797 | €18,825 | -€3,972 | -17.4% |
| Turnover | 70 | - | €119,018 | +€119,018 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €71,637 | +€71,637 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €165 | €7,900 | +€7,735 | +4685.8% |
| Other operating charges | 640/8 | €1,303 | €1,191 | -€113 | -8.6% |
| Gross operating margin | 9900 | €77,081 | €49,418 | -€27,663 | -35.9% |
| Operating profit (loss) | 9901 | €75,612 | €40,327 | -€35,286 | -46.7% |
| Financial charges | 65/66B | €514 | €842 | +€327 | +63.7% |
| Recurring financial charges | 65 | €514 | €842 | +€327 | +63.7% |
| Profit (loss) for the period before taxes | 9903 | €75,098 | €39,485 | -€35,613 | -47.4% |
| Income taxes | 67/77 | €21,386 | €8,552 | -€12,833 | -60.0% |
| Profit (loss) for the period | 9904 | €53,712 | €30,932 | -€22,780 | -42.4% |
| Profit (loss) for the period to be appropriated | 9905 | €53,712 | €30,932 | -€22,780 | -42.4% |
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 30 September 2026 via checked.be.