ECOLD REFRIGERATION: 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.
ECOLD REFRIGERATION
Largest movements
- Cash +€24,942
up €24,942 (+212.3%), from €11,751 to €36,693
mainly Other debts (+€63,090) and Net result for the year (+€17,921)
- Receivables within one year -€16,667
down €16,667 (-26.3%), from €63,317 to €46,650
of which Trade receivables: -€15,645
- Tangible fixed assets -€1,466
down €1,466 (-56.0%), from €2,619 to €1,153
- Stocks and contracts -€1,448
down €1,448 (-33.4%), from €4,338 to €2,890
- Other debts +€63,090
new in 2025: €63,090
- Profit (loss) carried forward -€45,169
down €45,169 (-100.0%), from €45,169 to €0
- Trade debts -€13,327
down €13,327 (-58.2%), from €22,911 to €9,584
- Tax, wage and social debts +€1,217
up €1,217 (+14.3%), from €8,495 to €9,712
- Gross operating margin +€23,191
up €23,191 (+2024.3%), from €1,146 to €24,336
- Taxes +€4,424
up €4,424 (+1225.7%), from €361 to €4,785
- Depreciation -€1,169
down €1,169 (-44.4%), from €2,635 to €1,466
- Other operating charges +€553
new in 2025: €553
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 | €82,025 | €87,386 | +€5,361 | +6.5% |
| Fixed assets | 21/28 | €2,619 | €1,153 | -€1,466 | -56.0% |
| Tangible fixed assets | 22/27 | €2,619 | €1,153 | -€1,466 | -56.0% |
| Furniture and vehicles | 24 | €2,619 | €1,153 | -€1,466 | -56.0% |
| Current assets | 29/58 | €79,406 | €86,233 | +€6,827 | +8.6% |
| Stocks and contracts in progress | 3 | €4,338 | €2,890 | -€1,448 | -33.4% |
| Stocks | 30/36 | €4,338 | €2,890 | -€1,448 | -33.4% |
| Amounts receivable within one year | 40/41 | €63,317 | €46,650 | -€16,667 | -26.3% |
| Trade receivables | 40 | €46,629 | €30,984 | -€15,645 | -33.6% |
| Other amounts receivable | 41 | €16,689 | €15,666 | -€1,022 | -6.1% |
| Cash at bank and in hand | 54/58 | €11,751 | €36,693 | +€24,942 | +212.3% |
| Total equity and liabilities | 10/49 | €82,025 | €87,386 | +€5,361 | +6.5% |
| Equity | 10/15 | €50,169 | €5,000 | -€45,169 | -90.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,169 | €0 | -€45,169 | -100.0% |
| Amounts payable | 17/49 | €31,856 | €82,386 | +€50,530 | +158.6% |
| Amounts payable within one year | 42/48 | €31,406 | €82,386 | +€50,980 | +162.3% |
| Trade debts | 44 | €22,911 | €9,584 | -€13,327 | -58.2% |
| Suppliers | 440/4 | €22,911 | €9,584 | -€13,327 | -58.2% |
| Taxes, remuneration and social security | 45 | €8,495 | €9,712 | +€1,217 | +14.3% |
| Taxes | 450/3 | €8,495 | €9,712 | +€1,217 | +14.3% |
| Other amounts payable | 47/48 | - | €63,090 | +€63,090 | |
| Accrued charges and deferred income | 492/3 | €451 | - | -€451 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,635 | €1,466 | -€1,169 | -44.4% |
| Other operating charges | 640/8 | - | €553 | +€553 | |
| Gross operating margin | 9900 | €1,146 | €24,336 | +€23,191 | +2024.3% |
| Operating profit (loss) | 9901 | -€1,489 | €22,316 | +€23,806 | |
| Financial income | 75/76B | €977 | €879 | -€98 | -10.1% |
| Recurring financial income | 75 | €977 | €879 | -€98 | -10.1% |
| Financial charges | 65/66B | €496 | €489 | -€7 | -1.4% |
| Recurring financial charges | 65 | €496 | €489 | -€7 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,008 | €22,706 | +€23,714 | |
| Income taxes | 67/77 | €361 | €4,785 | +€4,424 | +1225.7% |
| Profit (loss) for the period | 9904 | -€1,369 | €17,921 | +€19,290 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,369 | €17,921 | +€19,290 |
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.