COOLTEMP: 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.
COOLTEMP
Largest movements
- Tangible fixed assets +€242,559
up €242,559 (+34.5%), from €703,606 to €946,164
of which Land and buildings: +€161,623
- Cash -€175,966
down €175,966 (-49.4%), from €356,041 to €180,075
mainly Investment in fixed assets (net) (-€320,181) and Contributions, distributions and other (-€85,000)
- Receivables within one year -€81,124
down €81,124 (-22.7%), from €357,897 to €276,772
of which Trade receivables: -€90,924
- Stocks and contracts +€35,434
up €35,434 (+22.3%), from €158,803 to €194,237
of which Contracts in progress: +€36,726
- Accrued charges and deferred income -€69,100
down €69,100 (-100.0%), from €69,100 to €0
- Trade debts +€58,667
up €58,667 (+48.9%), from €119,934 to €178,601
- Reserves +€20,197
up €20,197 (+2.1%), from €982,280 to €1.0m
of which Distributable reserves: +€38,197
- Gross operating margin -€143,539
down €143,539 (-22.6%), from €633,746 to €490,207
- Taxes -€35,564
down €35,564 (-40.9%), from €87,019 to €51,455
- Staff costs -€22,482
down €22,482 (-8.7%), from €257,700 to €235,217
- Depreciation +€13,622
up €13,622 (+21.3%), from €64,001 to €77,623
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 | €1,578,427 | €1,605,481 | +€27,054 | +1.7% |
| Fixed assets | 21/28 | €703,631 | €946,189 | +€242,559 | +34.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €703,606 | €946,164 | +€242,559 | +34.5% |
| Land and buildings | 22 | €620,227 | €781,849 | +€161,623 | +26.1% |
| Plant, machinery and equipment | 23 | €16,482 | €22,249 | +€5,767 | +35.0% |
| Furniture and vehicles | 24 | €14,191 | €34,761 | +€20,569 | +144.9% |
| Leasing and similar rights | 25 | €51,775 | €106,685 | +€54,910 | +106.1% |
| Other tangible fixed assets | 26 | €931 | €621 | -€310 | -33.3% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €874,797 | €659,292 | -€215,505 | -24.6% |
| Stocks and contracts in progress | 3 | €158,803 | €194,237 | +€35,434 | +22.3% |
| Stocks | 30/36 | €158,803 | €157,512 | -€1,291 | -0.8% |
| Contracts in progress | 37 | €0 | €36,726 | +€36,726 | |
| Amounts receivable within one year | 40/41 | €357,897 | €276,772 | -€81,124 | -22.7% |
| Trade receivables | 40 | €332,874 | €241,949 | -€90,924 | -27.3% |
| Other amounts receivable | 41 | €25,023 | €34,823 | +€9,800 | +39.2% |
| Cash at bank and in hand | 54/58 | €356,041 | €180,075 | -€175,966 | -49.4% |
| Deferred charges and accrued income | 490/1 | €2,056 | €8,207 | +€6,151 | +299.2% |
| Total equity and liabilities | 10/49 | €1,578,427 | €1,605,481 | +€27,054 | +1.7% |
| Equity | 10/15 | €1,022,053 | €1,049,498 | +€27,444 | +2.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €982,280 | €1,002,477 | +€20,197 | +2.1% |
| Tax-exempt reserves | 132 | €186,400 | €168,400 | -€18,000 | -9.7% |
| Distributable reserves | 133 | €795,880 | €834,077 | +€38,197 | +4.8% |
| Profit (loss) carried forward | 14 | €21,173 | €28,420 | +€7,247 | +34.2% |
| Amounts payable | 17/49 | €556,374 | €555,984 | -€391 | -0.1% |
| Amounts payable after more than one year | 17 | €251,254 | €256,396 | +€5,141 | +2.0% |
| Financial debts | 170/4 | €251,254 | €256,396 | +€5,141 | +2.0% |
| Amounts payable within one year | 42/48 | €236,020 | €299,588 | +€63,568 | +26.9% |
| Current portion of amounts payable after more than one year | 42 | €34,967 | €44,109 | +€9,142 | +26.1% |
| Financial debts | 43 | €10,201 | €18,593 | +€8,392 | +82.3% |
| Credit institutions | 430/8 | €10,201 | €18,593 | +€8,392 | +82.3% |
| Trade debts | 44 | €119,934 | €178,601 | +€58,667 | +48.9% |
| Suppliers | 440/4 | €119,934 | €178,601 | +€58,667 | +48.9% |
| Taxes, remuneration and social security | 45 | €50,429 | €44,459 | -€5,970 | -11.8% |
| Taxes | 450/3 | €34,740 | €30,086 | -€4,655 | -13.4% |
| Remuneration and social security | 454/9 | €15,689 | €14,373 | -€1,316 | -8.4% |
| Other amounts payable | 47/48 | €20,488 | €13,826 | -€6,662 | -32.5% |
| Accrued charges and deferred income | 492/3 | €69,100 | €0 | -€69,100 | -100.0% |
| Remuneration, social security and pensions | 62 | €257,700 | €235,217 | -€22,482 | -8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,001 | €77,623 | +€13,622 | +21.3% |
| Other operating charges | 640/8 | €13,608 | €9,283 | -€4,325 | -31.8% |
| Gross operating margin | 9900 | €633,746 | €490,207 | -€143,539 | -22.6% |
| Operating profit (loss) | 9901 | €298,438 | €168,084 | -€130,354 | -43.7% |
| Financial income | 75/76B | €1,445 | €2,378 | +€933 | +64.5% |
| Recurring financial income | 75 | €1,445 | €2,378 | +€933 | +64.5% |
| Financial charges | 65/66B | €5,969 | €6,562 | +€593 | +9.9% |
| Recurring financial charges | 65 | €5,969 | €6,562 | +€593 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €293,914 | €163,900 | -€130,014 | -44.2% |
| Income taxes | 67/77 | €87,019 | €51,455 | -€35,564 | -40.9% |
| Profit (loss) for the period | 9904 | €206,895 | €112,444 | -€94,451 | -45.7% |
| Transfer from tax-exempt reserves | 789 | €0 | €60,100 | +€60,100 | |
| Transfer to tax-exempt reserves | 689 | €63,150 | €42,100 | -€21,050 | -33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €143,745 | €130,444 | -€13,301 | -9.3% |
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 10 October 2026 via checked.be.