G COOLING: what changed
Two fiscal 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.
G COOLING
Largest movements
- Cash +€94,757
up €94,757 (+58.3%), from €162,654 to €257,412
mainly Receivables within one year (+€73,205) and Net result for the year (+€62,867)
- Receivables within one year -€73,205
down €73,205 (-49.5%), from €147,797 to €74,592
of which Trade receivables: -€62,182
- Tangible fixed assets -€36,361
down €36,361 (-27.5%), from €132,100 to €95,739
of which Furniture and vehicles: -€36,135
- Other debts +€62,642
up €62,642 (+27833.5%), from €225 to €62,867
- Tax, wage and social debts -€58,282
down €58,282 (-70.9%), from €82,206 to €23,924
of which Taxes: -€58,436
- Trade debts -€18,236
down €18,236 (-36.2%), from €50,337 to €32,101
- Gross operating margin -€39,544
down €39,544 (-18.8%), from €210,401 to €170,857
- Taxes -€19,100
down €19,100 (-54.0%), from €35,402 to €16,301
- Depreciation +€5,362
up €5,362 (+18.9%), from €28,355 to €33,717
- Other operating charges +€4,780
up €4,780 (+492.0%), from €972 to €5,751
- Staff costs -€2,532
down €2,532 (-4.6%), from €55,048 to €52,516
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 | €460,032 | €445,562 | -€14,470 | -3.1% |
| Fixed assets | 21/28 | €132,100 | €95,739 | -€36,361 | -27.5% |
| Tangible fixed assets | 22/27 | €132,100 | €95,739 | -€36,361 | -27.5% |
| Plant, machinery and equipment | 23 | €846 | €619 | -€227 | -26.8% |
| Furniture and vehicles | 24 | €131,255 | €95,120 | -€36,135 | -27.5% |
| Current assets | 29/58 | €327,931 | €349,823 | +€21,891 | +6.7% |
| Stocks and contracts in progress | 3 | €15,091 | €12,719 | -€2,371 | -15.7% |
| Stocks | 30/36 | €15,091 | €12,719 | -€2,371 | -15.7% |
| Amounts receivable within one year | 40/41 | €147,797 | €74,592 | -€73,205 | -49.5% |
| Trade receivables | 40 | €122,976 | €60,794 | -€62,182 | -50.6% |
| Other amounts receivable | 41 | €24,821 | €13,798 | -€11,023 | -44.4% |
| Cash at bank and in hand | 54/58 | €162,654 | €257,412 | +€94,757 | +58.3% |
| Deferred charges and accrued income | 490/1 | €2,389 | €5,100 | +€2,711 | +113.4% |
| Total equity and liabilities | 10/49 | €460,032 | €445,562 | -€14,470 | -3.1% |
| Equity | 10/15 | €326,523 | €326,523 | = | 0.0% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €251,523 | €251,523 | = | 0.0% |
| Distributable reserves | 133 | €251,523 | €251,523 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €133,509 | €119,039 | -€14,470 | -10.8% |
| Amounts payable within one year | 42/48 | €132,769 | €118,892 | -€13,876 | -10.5% |
| Trade debts | 44 | €50,337 | €32,101 | -€18,236 | -36.2% |
| Suppliers | 440/4 | €50,337 | €32,101 | -€18,236 | -36.2% |
| Taxes, remuneration and social security | 45 | €82,206 | €23,924 | -€58,282 | -70.9% |
| Taxes | 450/3 | €78,966 | €20,530 | -€58,436 | -74.0% |
| Remuneration and social security | 454/9 | €3,240 | €3,394 | +€154 | +4.8% |
| Other amounts payable | 47/48 | €225 | €62,867 | +€62,642 | +27833.5% |
| Accrued charges and deferred income | 492/3 | €741 | €147 | -€594 | -80.2% |
| Remuneration, social security and pensions | 62 | €55,048 | €52,516 | -€2,532 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,355 | €33,717 | +€5,362 | +18.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | -€421 | -€421 | |
| Other operating charges | 640/8 | €972 | €5,751 | +€4,780 | +492.0% |
| Non-recurring operating charges | 66A | - | €510 | +€510 | |
| Gross operating margin | 9900 | €210,401 | €170,857 | -€39,544 | -18.8% |
| Operating profit (loss) | 9901 | €126,026 | €78,784 | -€47,242 | -37.5% |
| Financial income | 75/76B | €699 | €475 | -€224 | -32.0% |
| Recurring financial income | 75 | €699 | €475 | -€224 | -32.0% |
| Financial charges | 65/66B | €90 | €91 | +€0 | +0.5% |
| Recurring financial charges | 65 | €90 | €91 | +€0 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €126,635 | €79,168 | -€47,466 | -37.5% |
| Income taxes | 67/77 | €35,402 | €16,301 | -€19,100 | -54.0% |
| Profit (loss) for the period | 9904 | €91,233 | €62,867 | -€28,366 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €91,233 | €62,867 | -€28,366 | -31.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.