COOLWORLD RENTALS: what changed
What changed
COOLWORLD RENTALS
NACE 77.399, Renting and leasing of other machinery, equipment and tangible goods
filed annual accounts (NBB)
Net result for the year
€911,821
2024 · €877,916+€33,904
Equity
€1.9m
2024 · €1.9m
Cash
€235,346
2024 · €409,448-€174,102
Balance sheet total
€4.2m
2024 · €14.6m-€10.4m
Largest movements
Assets
- Receivables within one year -€10.2m
down €10.2m (-72.4%), from €14.1m to €3.9m
of which Other amounts receivable: -€11.0m
- Cash -€174,102
down €174,102 (-42.5%), from €409,448 to €235,346
mainly Trade debts (-€9.0m) and Other debts (-€1.6m)
Equity and liabilities
- Trade debts -€9.0m
down €9.0m (-91.7%), from €9.8m to €806,364
- Other debts -€1.6m
down €1.6m (-62.9%), from €2.5m to €933,882
- Tax, wage and social debts +€158,346
up €158,346 (+55.2%), from €287,032 to €445,378
of which Taxes: +€137,058
Income statement
- Staff costs +€259,824
up €259,824 (+39.6%), from €655,639 to €915,463
- Gross operating margin +€240,224
up €240,224 (+15.3%), from €1.6m to €1.8m
- Write-downs -€36,885
down €36,885, from €32,867 to -€4,018
- Other operating charges -€23,929
down €23,929 (-96.3%), from €24,847 to €917
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€877,916
Gross operating margin
+€240,224
Staff costs
-€259,824
Depreciation
-€81
Write-downs
+€36,885
Other operating charges
+€23,929
Financial income
-€4,063
Financial charges
+€4,280
Taxes
-€7,446
Result 2025
€911,821
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€737,764
Investment
-€45
Financing
-€911,821
Cash 2024
€409,448
From operations (derived)
+€737,764
Net result for the year
+€911,821
Depreciation
+€1,398
Smaller working-capital items
-€8,609
Receivables within one year
+€10.2m
Trade debts
-€9.0m
Tax, wage and social debts
+€158,346
Advances received
-€35,783
Other debts
-€1.6m
Accrued charges and deferred income
+€26,337
Investment (derived)
-€45
Investment in fixed assets (net)
-€45
Financing
-€911,821
Contributions, distributions and other
-€911,821
Cash 2025
€235,346
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,576,835 | €4,185,776 | -€10.4m | -71.3% |
| Fixed assets | 21/28 | €14,782 | €13,429 | -€1,353 | -9.1% |
| Tangible fixed assets | 22/27 | €3,264 | €1,867 | -€1,398 | -42.8% |
| Furniture and vehicles | 24 | €3,264 | €1,867 | -€1,398 | -42.8% |
| Financial fixed assets | 28 | €11,518 | €11,563 | +€45 | +0.4% |
| Current assets | 29/58 | €14,562,053 | €4,172,346 | -€10.4m | -71.3% |
| Stocks and contracts in progress | 3 | €37,694 | €43,222 | +€5,528 | +14.7% |
| Stocks | 30/36 | €37,694 | €43,222 | +€5,528 | +14.7% |
| Amounts receivable within one year | 40/41 | €14,112,249 | €3,888,034 | -€10.2m | -72.4% |
| Trade receivables | 40 | €2,543,891 | €3,368,981 | +€825,090 | +32.4% |
| Other amounts receivable | 41 | €11,568,358 | €519,054 | -€11.0m | -95.5% |
| Cash at bank and in hand | 54/58 | €409,448 | €235,346 | -€174,102 | -42.5% |
| Deferred charges and accrued income | 490/1 | €2,663 | €5,744 | +€3,081 | +116% |
| Total equity and liabilities | 10/49 | €14,576,835 | €4,185,776 | -€10.4m | -71.3% |
| Equity | 10/15 | €1,921,222 | €1,921,222 | = | 0.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,902,672 | €1,902,672 | = | 0.0% |
| Distributable reserves | 133 | €1,902,672 | €1,902,672 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €12,655,613 | €2,264,554 | -€10.4m | -82.1% |
| Amounts payable within one year | 42/48 | €12,612,041 | €2,194,644 | -€10.4m | -82.6% |
| Trade debts | 44 | €9,759,952 | €806,364 | -€9.0m | -91.7% |
| Suppliers | 440/4 | €9,759,952 | €806,364 | -€9.0m | -91.7% |
| Advances received on contracts in progress | 46 | €44,803 | €9,020 | -€35,783 | -79.9% |
| Taxes, remuneration and social security | 45 | €287,032 | €445,378 | +€158,346 | +55.2% |
| Taxes | 450/3 | €253,607 | €390,665 | +€137,058 | +54.0% |
| Remuneration and social security | 454/9 | €33,425 | €54,714 | +€21,288 | +63.7% |
| Other amounts payable | 47/48 | €2,520,253 | €933,882 | -€1.6m | -62.9% |
| Accrued charges and deferred income | 492/3 | €43,572 | €69,910 | +€26,337 | +60.4% |
| Remuneration, social security and pensions | 62 | €655,639 | €915,463 | +€259,824 | +39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,316 | €1,398 | +€81 | +6.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €32,867 | -€4,018 | -€36,885 | |
| Other operating charges | 640/8 | €24,847 | €917 | -€23,929 | -96.3% |
| Gross operating margin | 9900 | €1,571,823 | €1,812,047 | +€240,224 | +15.3% |
| Operating profit (loss) | 9901 | €857,155 | €898,287 | +€41,133 | +4.8% |
| Financial income | 75/76B | €350,544 | €346,482 | -€4,063 | -1.2% |
| Recurring financial income | 75 | €350,544 | €346,482 | -€4,063 | -1.2% |
| Financial charges | 65/66B | €11,197 | €6,917 | -€4,280 | -38.2% |
| Recurring financial charges | 65 | €11,197 | €6,917 | -€4,280 | -38.2% |
| Profit (loss) for the period before taxes | 9903 | €1,196,502 | €1,237,853 | +€41,350 | +3.5% |
| Income taxes | 67/77 | €318,586 | €326,032 | +€7,446 | +2.3% |
| Profit (loss) for the period | 9904 | €877,916 | €911,821 | +€33,904 | +3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €877,916 | €911,821 | +€33,904 | +3.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.