G. COOLS: 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.
G. COOLS
Largest movements
- Cash +€18,281
up €18,281 (+22.0%), from €83,223 to €101,503
mainly Net result for the year (+€13,660) and Tax, wage and social debts (+€6,001)
- Receivables within one year -€5,007
down €5,007 (-25.4%), from €19,725 to €14,718
of which Other amounts receivable: -€3,362
- Tangible fixed assets +€3,935
up €3,935 (+43.6%), from €9,018 to €12,953
of which Furniture and vehicles: +€4,936
- Reserves +€13,660
up €13,660 (+23.9%), from €57,146 to €70,806
of which Distributable reserves: +€13,660
- Tax, wage and social debts +€6,001
up €6,001 (+1,365%), from €440 to €6,441
- Trade debts -€5,442
down €5,442 (-86.6%), from €6,285 to €843
- Other debts +€2,887
up €2,887 (+17.4%), from €16,567 to €19,454
- Gross operating margin +€10,243
up €10,243 (+32.2%), from €31,829 to €42,072
- Taxes +€4,665
up €4,665 (+180%), from €2,588 to €7,254
- Other operating charges +€1,929
up €1,929 (+14.2%), from €13,583 to €15,512
- Depreciation -€573
down €573 (-11.5%), from €4,995 to €4,421
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 | €111,967 | €129,176 | +€17,209 | +15.4% |
| Fixed assets | 21/28 | €9,019 | €12,954 | +€3,935 | +43.6% |
| Tangible fixed assets | 22/27 | €9,018 | €12,953 | +€3,935 | +43.6% |
| Furniture and vehicles | 24 | €5,025 | €9,961 | +€4,936 | +98.2% |
| Other tangible fixed assets | 26 | €3,993 | €2,991 | -€1,002 | -25.1% |
| Financial fixed assets | 28 | €2 | €2 | = | 0.0% |
| Current assets | 29/58 | €102,947 | €116,221 | +€13,274 | +12.9% |
| Amounts receivable within one year | 40/41 | €19,725 | €14,718 | -€5,007 | -25.4% |
| Trade receivables | 40 | €15,900 | €14,255 | -€1,645 | -10.3% |
| Other amounts receivable | 41 | €3,825 | €463 | -€3,362 | -87.9% |
| Cash at bank and in hand | 54/58 | €83,223 | €101,503 | +€18,281 | +22.0% |
| Total equity and liabilities | 10/49 | €111,967 | €129,176 | +€17,209 | +15.4% |
| Equity | 10/15 | €88,146 | €101,806 | +€13,660 | +15.5% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €57,146 | €70,806 | +€13,660 | +23.9% |
| Non-distributable reserves | 130/1 | €4,180 | €4,180 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,180 | €4,180 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,975 | €2,975 | = | 0.0% |
| Distributable reserves | 133 | €49,991 | €63,651 | +€13,660 | +27.3% |
| Amounts payable | 17/49 | €23,821 | €27,369 | +€3,549 | +14.9% |
| Amounts payable within one year | 42/48 | €23,292 | €26,739 | +€3,447 | +14.8% |
| Trade debts | 44 | €6,285 | €843 | -€5,442 | -86.6% |
| Suppliers | 440/4 | €6,285 | €843 | -€5,442 | -86.6% |
| Taxes, remuneration and social security | 45 | €440 | €6,441 | +€6,001 | +1,365% |
| Taxes | 450/3 | €440 | €6,441 | +€6,001 | +1,365% |
| Other amounts payable | 47/48 | €16,567 | €19,454 | +€2,887 | +17.4% |
| Accrued charges and deferred income | 492/3 | €528 | €630 | +€102 | +19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,995 | €4,421 | -€573 | -11.5% |
| Other operating charges | 640/8 | €13,583 | €15,512 | +€1,929 | +14.2% |
| Gross operating margin | 9900 | €31,829 | €42,072 | +€10,243 | +32.2% |
| Operating profit (loss) | 9901 | €13,251 | €22,138 | +€8,887 | +67.1% |
| Financial income | 75/76B | €171 | €288 | +€117 | +68.8% |
| Recurring financial income | 75 | €171 | €288 | +€117 | +68.8% |
| Financial charges | 65/66B | €1,898 | €1,512 | -€386 | -20.3% |
| Recurring financial charges | 65 | €1,898 | €1,512 | -€386 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €11,524 | €20,914 | +€9,390 | +81.5% |
| Income taxes | 67/77 | €2,588 | €7,254 | +€4,665 | +180% |
| Profit (loss) for the period | 9904 | €8,935 | €13,660 | +€4,725 | +52.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,935 | €13,660 | +€4,725 | +52.9% |
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 14 October 2026 via checked.be.