CREATIVE COOLING GROUP: 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.
CREATIVE COOLING GROUP
Largest movements
- Receivables within one year +€156,368
up €156,368 (+55.1%), from €283,944 to €440,312
of which Other amounts receivable: +€134,775
- Deferred charges and accrued income +€45,344
new in 2025: €45,344
- Cash +€30,895
up €30,895 (+38.5%), from €80,148 to €111,043
mainly Trade debts (+€183,981) and Short-term financial debts (+€45,190)
- Tangible fixed assets +€24,525
up €24,525 (+77.6%), from €31,611 to €56,136
- Trade debts +€183,981
up €183,981 (+201%), from €91,348 to €275,329
- Short-term financial debts +€45,190
up €45,190 (+41.9%), from €107,958 to €153,148
- Profit (loss) carried forward +€21,749
up €21,749 (+20.7%), from €105,181 to €126,930
- Gross operating margin -€104,062
down €104,062 (-74.8%), from €139,141 to €35,080
- Write-downs -€77,963
down €77,963, from €38,981 to -€38,981
- Depreciation -€17,667
down €17,667 (-29.0%), from €60,899 to €43,232
- Financial income +€12,347
up €12,347 (+135%), from €9,137 to €21,483
of which Financial income: +€21,175
- Staff costs -€3,706
down €3,706, from €1,690 to -€2,017
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 | €406,060 | €665,706 | +€259,646 | +63.9% |
| Fixed assets | 21/28 | €41,968 | €69,007 | +€27,039 | +64.4% |
| Intangible fixed assets | 21 | €10,357 | €12,871 | +€2,514 | +24.3% |
| Tangible fixed assets | 22/27 | €31,611 | €56,136 | +€24,525 | +77.6% |
| Plant, machinery and equipment | 23 | €31,611 | €56,136 | +€24,525 | +77.6% |
| Current assets | 29/58 | €364,092 | €596,699 | +€232,607 | +63.9% |
| Amounts receivable within one year | 40/41 | €283,944 | €440,312 | +€156,368 | +55.1% |
| Trade receivables | 40 | €214,896 | €236,489 | +€21,593 | +10.0% |
| Other amounts receivable | 41 | €69,048 | €203,823 | +€134,775 | +195% |
| Cash at bank and in hand | 54/58 | €80,148 | €111,043 | +€30,895 | +38.5% |
| Deferred charges and accrued income | 490/1 | - | €45,344 | +€45,344 | |
| Total equity and liabilities | 10/49 | €406,060 | €665,706 | +€259,646 | +63.9% |
| Equity | 10/15 | €166,681 | €188,430 | +€21,749 | +13.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,181 | €126,930 | +€21,749 | +20.7% |
| Amounts payable | 17/49 | €239,379 | €477,276 | +€237,897 | +99.4% |
| Amounts payable within one year | 42/48 | €239,379 | €473,216 | +€233,837 | +97.7% |
| Financial debts | 43 | €107,958 | €153,148 | +€45,190 | +41.9% |
| Credit institutions | 430/8 | €107,958 | €153,148 | +€45,190 | +41.9% |
| Trade debts | 44 | €91,348 | €275,329 | +€183,981 | +201% |
| Suppliers | 440/4 | €91,348 | €275,329 | +€183,981 | +201% |
| Advances received on contracts in progress | 46 | €26,005 | €31,392 | +€5,387 | +20.7% |
| Taxes, remuneration and social security | 45 | €14,068 | €13,348 | -€720 | -5.1% |
| Taxes | 450/3 | €14,068 | €13,348 | -€720 | -5.1% |
| Accrued charges and deferred income | 492/3 | - | €4,060 | +€4,060 | |
| Remuneration, social security and pensions | 62 | €1,690 | -€2,017 | -€3,706 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,899 | €43,232 | -€17,667 | -29.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €38,981 | -€38,981 | -€77,963 | |
| Other operating charges | 640/8 | €3,445 | €638 | -€2,807 | -81.5% |
| Gross operating margin | 9900 | €139,141 | €35,080 | -€104,062 | -74.8% |
| Operating profit (loss) | 9901 | €34,127 | €32,208 | -€1,919 | -5.6% |
| Financial income | 75/76B | €9,137 | €21,483 | +€12,347 | +135% |
| Recurring financial income | 75 | €308 | €21,483 | +€21,175 | +6,874% |
| Non-recurring financial income | 76B | €8,829 | - | -€8,829 | |
| Financial charges | 65/66B | €22,053 | €24,985 | +€2,932 | +13.3% |
| Recurring financial charges | 65 | €22,053 | €24,985 | +€2,932 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €21,211 | €28,707 | +€7,496 | +35.3% |
| Income taxes | 67/77 | €8,333 | €6,959 | -€1,374 | -16.5% |
| Profit (loss) for the period | 9904 | €12,878 | €21,749 | +€8,870 | +68.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,878 | €21,749 | +€8,870 | +68.9% |
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 16 October 2026 via checked.be.