COOLS VEEGWERKEN: 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 VEEGWERKEN
Largest movements
- Receivables within one year +€221,878
up €221,878 (+27.0%), from €823,251 to €1.0m
of which Other amounts receivable: +€224,124
- Stocks and contracts -€49,919
down €49,919 (-88.7%), from €56,303 to €6,384
of which Contracts in progress: -€56,303
- Tangible fixed assets -€32,899
down €32,899 (-19.4%), from €169,554 to €136,654
of which Plant, machinery and equipment: -€48,031
- Trade debts +€218,555
up €218,555 (+139%), from €156,822 to €375,378
- Reserves -€114,979
down €114,979 (-14.9%), from €773,963 to €658,984
of which Distributable reserves: -€112,479
- Debts after one year +€46,157
up €46,157 (+151%), from €30,478 to €76,634
- Staff costs +€81,047
up €81,047 (+21.9%), from €369,713 to €450,760
- Gross operating margin -€9,561
down €9,561 (-2.2%), from €434,556 to €424,996
- Depreciation +€8,828
up €8,828 (+10.7%), from €82,451 to €91,279
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 | €1,093,645 | €1,236,574 | +€142,929 | +13.1% |
| Fixed assets | 21/28 | €177,880 | €138,811 | -€39,070 | -22.0% |
| Tangible fixed assets | 22/27 | €169,554 | €136,654 | -€32,899 | -19.4% |
| Land and buildings | 22 | €47,042 | €53,550 | +€6,509 | +13.8% |
| Plant, machinery and equipment | 23 | €76,415 | €28,385 | -€48,031 | -62.9% |
| Furniture and vehicles | 24 | €46,097 | €15,496 | -€30,601 | -66.4% |
| Leasing and similar rights | 25 | - | €39,223 | +€39,223 | |
| Financial fixed assets | 28 | €8,327 | €2,157 | -€6,170 | -74.1% |
| Current assets | 29/58 | €915,764 | €1,097,763 | +€181,999 | +19.9% |
| Stocks and contracts in progress | 3 | €56,303 | €6,384 | -€49,919 | -88.7% |
| Stocks | 30/36 | - | €6,384 | +€6,384 | |
| Contracts in progress | 37 | €56,303 | €0 | -€56,303 | -100% |
| Amounts receivable within one year | 40/41 | €823,251 | €1,045,129 | +€221,878 | +27.0% |
| Trade receivables | 40 | €161,219 | €158,972 | -€2,247 | -1.4% |
| Other amounts receivable | 41 | €662,032 | €886,156 | +€224,124 | +33.9% |
| Cash at bank and in hand | 54/58 | €33,328 | €40,403 | +€7,075 | +21.2% |
| Deferred charges and accrued income | 490/1 | €2,882 | €5,847 | +€2,964 | +103% |
| Total equity and liabilities | 10/49 | €1,093,645 | €1,236,574 | +€142,929 | +13.1% |
| Equity | 10/15 | €792,563 | €677,584 | -€114,979 | -14.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €773,963 | €658,984 | -€114,979 | -14.9% |
| Tax-exempt reserves | 132 | €3,643 | €1,143 | -€2,500 | -68.6% |
| Distributable reserves | 133 | €770,319 | €657,841 | -€112,479 | -14.6% |
| Amounts payable | 17/49 | €301,082 | €558,990 | +€257,908 | +85.7% |
| Amounts payable after more than one year | 17 | €30,478 | €76,634 | +€46,157 | +151% |
| Financial debts | 170/4 | €30,478 | €76,634 | +€46,157 | +151% |
| Amounts payable within one year | 42/48 | €262,675 | €474,100 | +€211,425 | +80.5% |
| Current portion of amounts payable after more than one year | 42 | €30,246 | €22,564 | -€7,682 | -25.4% |
| Financial debts | 43 | €10,142 | €7,748 | -€2,393 | -23.6% |
| Credit institutions | 430/8 | €10,142 | €7,748 | -€2,393 | -23.6% |
| Trade debts | 44 | €156,822 | €375,378 | +€218,555 | +139% |
| Suppliers | 440/4 | €156,822 | €375,378 | +€218,555 | +139% |
| Taxes, remuneration and social security | 45 | €65,464 | €68,410 | +€2,945 | +4.5% |
| Taxes | 450/3 | €30,604 | €4,320 | -€26,284 | -85.9% |
| Remuneration and social security | 454/9 | €34,860 | €64,089 | +€29,230 | +83.8% |
| Accrued charges and deferred income | 492/3 | €7,930 | €8,256 | +€326 | +4.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €369,713 | €450,760 | +€81,047 | +21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,451 | €91,279 | +€8,828 | +10.7% |
| Other operating charges | 640/8 | €8,207 | €7,297 | -€910 | -11.1% |
| Non-recurring operating charges | 66A | €1,040 | €1,605 | +€565 | +54.3% |
| Gross operating margin | 9900 | €434,556 | €424,996 | -€9,561 | -2.2% |
| Operating profit (loss) | 9901 | -€26,855 | -€125,945 | -€99,090 | -369% |
| Financial income | 75/76B | €20,072 | €20,091 | +€19 | +0.1% |
| Recurring financial income | 75 | €20,072 | €20,091 | +€19 | +0.1% |
| Financial charges | 65/66B | €7,584 | €9,124 | +€1,540 | +20.3% |
| Recurring financial charges | 65 | €6,808 | €9,124 | +€2,315 | +34.0% |
| Non-recurring financial charges | 66B | €776 | €0 | -€776 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€14,367 | -€114,978 | -€100,611 | -700% |
| Income taxes | 67/77 | €0 | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€14,367 | -€114,979 | -€100,612 | -700% |
| Transfer from tax-exempt reserves | 789 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,867 | -€112,479 | -€100,612 | -848% |
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 22 October 2026 via checked.be.