Den Koeltechnieker: 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.
Den Koeltechnieker
Largest movements
- Tangible fixed assets -€20,614
down €20,614 (-11.9%), from €172,558 to €151,944
of which Furniture and vehicles: -€11,978
- Stocks and contracts -€15,324
down €15,324 (-46.1%), from €33,210 to €17,886
of which Contracts in progress: -€20,210
- Cash +€10,691
up €10,691 (+180%), from €5,927 to €16,619
mainly Depreciation (+€26,987) and Stocks and contracts (+€15,324)
- Intangible fixed assets -€6,000
down €6,000 (-85.7%), from €7,000 to €1,000
- Tax, wage and social debts -€19,467
down €19,467 (-84.0%), from €23,175 to €3,707
- Debts after one year -€18,334
down €18,334 (-18.5%), from €99,367 to €81,033
- Other debts -€16,287
down €16,287 (-68.2%), from €23,877 to €7,590
- Reserves +€14,754
up €14,754 (+21.6%), from €68,157 to €82,912
- Advances received +€5,178
new in 2025: €5,178
- Gross operating margin -€4,337
down €4,337 (-7.1%), from €60,932 to €56,596
- Other operating charges +€2,779
up €2,779 (+94.2%), from €2,951 to €5,730
- Taxes -€1,187
down €1,187 (-18.9%), from €6,289 to €5,102
- Depreciation +€927
up €927 (+3.6%), from €26,061 to €26,987
- Financial charges -€723
down €723 (-14.7%), from €4,910 to €4,187
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 | €273,451 | €242,638 | -€30,813 | -11.3% |
| Fixed assets | 21/28 | €179,558 | €152,944 | -€26,614 | -14.8% |
| Intangible fixed assets | 21 | €7,000 | €1,000 | -€6,000 | -85.7% |
| Tangible fixed assets | 22/27 | €172,558 | €151,944 | -€20,614 | -11.9% |
| Land and buildings | 22 | €127,404 | €119,318 | -€8,087 | -6.3% |
| Plant, machinery and equipment | 23 | €2,772 | €2,223 | -€550 | -19.8% |
| Furniture and vehicles | 24 | €42,381 | €30,404 | -€11,978 | -28.3% |
| Current assets | 29/58 | €93,893 | €89,694 | -€4,199 | -4.5% |
| Stocks and contracts in progress | 3 | €33,210 | €17,886 | -€15,324 | -46.1% |
| Stocks | 30/36 | €13,000 | €17,886 | +€4,886 | +37.6% |
| Contracts in progress | 37 | €20,210 | €0 | -€20,210 | -100% |
| Amounts receivable within one year | 40/41 | €54,061 | €54,341 | +€280 | +0.5% |
| Trade receivables | 40 | €47,165 | €37,758 | -€9,407 | -19.9% |
| Other amounts receivable | 41 | €6,896 | €16,583 | +€9,687 | +140% |
| Cash at bank and in hand | 54/58 | €5,927 | €16,619 | +€10,691 | +180% |
| Deferred charges and accrued income | 490/1 | €695 | €849 | +€154 | +22.2% |
| Total equity and liabilities | 10/49 | €273,451 | €242,638 | -€30,813 | -11.3% |
| Equity | 10/15 | €68,157 | €82,912 | +€14,754 | +21.6% |
| Reserves | 13 | €68,157 | €82,912 | +€14,754 | +21.6% |
| Distributable reserves | 133 | €68,157 | €82,912 | +€14,754 | +21.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €205,293 | €159,726 | -€45,568 | -22.2% |
| Amounts payable after more than one year | 17 | €99,367 | €81,033 | -€18,334 | -18.5% |
| Financial debts | 170/4 | €99,367 | €81,033 | -€18,334 | -18.5% |
| Amounts payable within one year | 42/48 | €103,676 | €76,393 | -€27,283 | -26.3% |
| Current portion of amounts payable after more than one year | 42 | €17,759 | €18,334 | +€575 | +3.2% |
| Trade debts | 44 | €38,865 | €41,583 | +€2,718 | +7.0% |
| Suppliers | 440/4 | €38,865 | €41,583 | +€2,718 | +7.0% |
| Advances received on contracts in progress | 46 | - | €5,178 | +€5,178 | |
| Taxes, remuneration and social security | 45 | €23,175 | €3,707 | -€19,467 | -84.0% |
| Taxes | 450/3 | €23,175 | €3,707 | -€19,467 | -84.0% |
| Other amounts payable | 47/48 | €23,877 | €7,590 | -€16,287 | -68.2% |
| Accrued charges and deferred income | 492/3 | €2,250 | €2,300 | +€50 | +2.2% |
| Non-recurring operating income | 76A | €579 | €0 | -€579 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,061 | €26,987 | +€927 | +3.6% |
| Other operating charges | 640/8 | €2,951 | €5,730 | +€2,779 | +94.2% |
| Gross operating margin | 9900 | €60,932 | €56,596 | -€4,337 | -7.1% |
| Operating profit (loss) | 9901 | €31,921 | €23,878 | -€8,042 | -25.2% |
| Financial income | 75/76B | €852 | €165 | -€687 | -80.6% |
| Recurring financial income | 75 | €852 | €165 | -€687 | -80.6% |
| Financial charges | 65/66B | €4,910 | €4,187 | -€723 | -14.7% |
| Recurring financial charges | 65 | €4,910 | €4,187 | -€723 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | €27,863 | €19,856 | -€8,007 | -28.7% |
| Income taxes | 67/77 | €6,289 | €5,102 | -€1,187 | -18.9% |
| Profit (loss) for the period | 9904 | €21,574 | €14,754 | -€6,820 | -31.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,574 | €14,754 | -€6,820 | -31.6% |
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 31 October 2026 via checked.be.