DEEP CHILL: 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.
DEEP CHILL
Largest movements
- Tangible fixed assets +€144,585
up €144,585 (+4.8%), from €3.0m to €3.1m
of which Land and buildings: +€156,546
- Cash -€56,304
down €56,304 (-93.3%), from €60,342 to €4,038
mainly Investment in fixed assets (net) (-€247,836) and Advances received (-€113,632)
- Receivables within one year +€51,656
up €51,656 (+28272.1%), from €183 to €51,839
of which Trade receivables: +€51,576
- Debts after one year +€270,294
new in 2025: €270,294
- Other debts +€126,714
up €126,714 (+19.0%), from €668,238 to €794,952
- Advances received -€113,632
down €113,632 (-85.4%), from €133,000 to €19,368
- Trade debts -€66,834
down €66,834 (-53.9%), from €124,027 to €57,193
- Tax, wage and social debts -€52,236
down €52,236 (-99.0%), from €52,764 to €528
- Financial income +€99,434
up €99,434 (+220180.9%), from €45 to €99,479
of which Non-recurring financial income: +€99,477
- Depreciation +€90,680
up €90,680 (+721.3%), from €12,571 to €103,251
- Gross operating margin +€13,539
up €13,539 (+31.5%), from -€43,014 to -€29,475
- Financial charges +€8,177
up €8,177 (+2941.4%), from €278 to €8,455
- Other operating charges -€1,253
down €1,253 (-37.8%), from €3,312 to €2,059
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 | €3,051,403 | €3,191,439 | +€140,035 | +4.6% |
| Fixed assets | 21/28 | €2,989,513 | €3,134,098 | +€144,585 | +4.8% |
| Tangible fixed assets | 22/27 | €2,989,513 | €3,134,098 | +€144,585 | +4.8% |
| Land and buildings | 22 | €2,948,788 | €3,105,334 | +€156,546 | +5.3% |
| Furniture and vehicles | 24 | €40,724 | €28,763 | -€11,961 | -29.4% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €61,891 | €57,341 | -€4,550 | -7.4% |
| Amounts receivable within one year | 40/41 | €183 | €51,839 | +€51,656 | +28272.1% |
| Trade receivables | 40 | €183 | €51,759 | +€51,576 | +28228.5% |
| Other amounts receivable | 41 | €0 | €80 | +€80 | |
| Cash at bank and in hand | 54/58 | €60,342 | €4,038 | -€56,304 | -93.3% |
| Deferred charges and accrued income | 490/1 | €1,366 | €1,464 | +€98 | +7.2% |
| Total equity and liabilities | 10/49 | €3,051,403 | €3,191,439 | +€140,035 | +4.6% |
| Equity | 10/15 | €1,919,730 | €1,881,092 | -€38,638 | -2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,901,130 | €1,862,492 | -€38,638 | -2.0% |
| Tax-exempt reserves | 132 | €460,932 | €445,563 | -€15,369 | -3.3% |
| Distributable reserves | 133 | €1,440,198 | €1,416,929 | -€23,269 | -1.6% |
| Provisions and deferred taxes | 16 | €153,644 | €148,521 | -€5,123 | -3.3% |
| Deferred taxes | 168 | €153,644 | €148,521 | -€5,123 | -3.3% |
| Amounts payable | 17/49 | €978,030 | €1,161,826 | +€183,796 | +18.8% |
| Amounts payable after more than one year | 17 | - | €270,294 | +€270,294 | |
| Financial debts | 170/4 | - | €270,294 | +€270,294 | |
| Amounts payable within one year | 42/48 | €978,030 | €889,796 | -€88,233 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | - | €17,755 | +€17,755 | |
| Trade debts | 44 | €124,027 | €57,193 | -€66,834 | -53.9% |
| Suppliers | 440/4 | €124,027 | €57,193 | -€66,834 | -53.9% |
| Advances received on contracts in progress | 46 | €133,000 | €19,368 | -€113,632 | -85.4% |
| Taxes, remuneration and social security | 45 | €52,764 | €528 | -€52,236 | -99.0% |
| Taxes | 450/3 | €52,764 | €528 | -€52,236 | -99.0% |
| Other amounts payable | 47/48 | €668,238 | €794,952 | +€126,714 | +19.0% |
| Accrued charges and deferred income | 492/3 | - | €1,735 | +€1,735 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,571 | €103,251 | +€90,680 | +721.3% |
| Other operating charges | 640/8 | €3,312 | €2,059 | -€1,253 | -37.8% |
| Gross operating margin | 9900 | -€43,014 | -€29,475 | +€13,539 | +31.5% |
| Operating profit (loss) | 9901 | -€58,897 | -€134,785 | -€75,888 | -128.8% |
| Financial income | 75/76B | €45 | €99,479 | +€99,434 | +220180.9% |
| Recurring financial income | 75 | €45 | €2 | -€44 | -96.5% |
| Non-recurring financial income | 76B | - | €99,477 | +€99,477 | |
| Financial charges | 65/66B | €278 | €8,455 | +€8,177 | +2941.4% |
| Recurring financial charges | 65 | €278 | €8,455 | +€8,177 | +2941.4% |
| Profit (loss) for the period before taxes | 9903 | -€59,130 | -€43,761 | +€15,369 | +26.0% |
| Transfer from deferred taxes | 780 | - | €5,123 | +€5,123 | |
| Profit (loss) for the period | 9904 | -€59,130 | -€38,638 | +€20,492 | +34.7% |
| Transfer from tax-exempt reserves | 789 | - | €15,369 | +€15,369 | |
| Profit (loss) for the period to be appropriated | 9905 | -€59,130 | -€23,269 | +€35,861 | +60.6% |
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 9 October 2026 via checked.be.