JV KOELTECHNIEK: what changed
JV KOELTECHNIEK
Largest movements
- Cash +€12,161
up €12,161 (+16.3%), from €74,730 to €86,891
mainly Net result for the year (+€29,789) and Other debts (+€5,778)
- Receivables within one year +€6,402
up €6,402 (+11.8%), from €54,480 to €60,882
of which Trade receivables: +€6,935
- Tangible fixed assets -€6,379
down €6,379 (-42.8%), from €14,895 to €8,516
of which Leasing and similar rights: -€8,466
- Stocks and contracts +€2,638
up €2,638 (+29.9%), from €8,820 to €11,458
- Reserves +€23,990
up €23,990 (+28.1%), from €85,230 to €109,220
- Tax, wage and social debts -€7,014
down €7,014 (-78.5%), from €8,929 to €1,915
of which Taxes: -€7,114
- Other debts +€5,778
up €5,778 (+38.9%), from €14,863 to €20,641
- Current portion of long-term debt -€3,797
no longer reported in 2025 (was €3,797)
- Trade debts -€3,770
down €3,770 (-12.3%), from €30,761 to €26,991
- Depreciation -€5,428
down €5,428 (-56.9%), from €9,543 to €4,115
- Taxes -€1,084
down €1,084 (-6.8%), from €15,863 to €14,779
- Financial charges +€729
up €729 (+66.8%), from €1,091 to €1,820
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €153,589 | €168,775 | +€15,186 | +9.9% |
| Fixed assets | 21/28 | €14,895 | €8,516 | -€6,379 | -42.8% |
| Tangible fixed assets | 22/27 | €14,895 | €8,516 | -€6,379 | -42.8% |
| Plant, machinery and equipment | 23 | €4,294 | €4,190 | -€104 | -2.4% |
| Furniture and vehicles | 24 | €2,135 | €4,326 | +€2,191 | +103% |
| Leasing and similar rights | 25 | €8,466 | - | -€8,466 | |
| Current assets | 29/58 | €138,694 | €160,259 | +€21,565 | +15.5% |
| Stocks and contracts in progress | 3 | €8,820 | €11,458 | +€2,638 | +29.9% |
| Stocks | 30/36 | €8,820 | €11,458 | +€2,638 | +29.9% |
| Amounts receivable within one year | 40/41 | €54,480 | €60,882 | +€6,402 | +11.8% |
| Trade receivables | 40 | €45,707 | €52,642 | +€6,935 | +15.2% |
| Other amounts receivable | 41 | €8,774 | €8,240 | -€533 | -6.1% |
| Cash at bank and in hand | 54/58 | €74,730 | €86,891 | +€12,161 | +16.3% |
| Deferred charges and accrued income | 490/1 | €664 | €1,028 | +€364 | +54.8% |
| Total equity and liabilities | 10/49 | €153,589 | €168,775 | +€15,186 | +9.9% |
| Equity | 10/15 | €95,238 | €119,228 | +€23,989 | +25.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €85,230 | €109,220 | +€23,990 | +28.1% |
| Distributable reserves | 133 | €85,230 | €109,220 | +€23,990 | +28.1% |
| Profit (loss) carried forward | 14 | €8 | €8 | -€1 | -10.3% |
| Amounts payable | 17/49 | €58,351 | €49,547 | -€8,803 | -15.1% |
| Amounts payable within one year | 42/48 | €58,351 | €49,547 | -€8,803 | -15.1% |
| Current portion of amounts payable after more than one year | 42 | €3,797 | - | -€3,797 | |
| Trade debts | 44 | €30,761 | €26,991 | -€3,770 | -12.3% |
| Suppliers | 440/4 | €30,761 | €26,991 | -€3,770 | -12.3% |
| Taxes, remuneration and social security | 45 | €8,929 | €1,915 | -€7,014 | -78.5% |
| Taxes | 450/3 | €8,863 | €1,748 | -€7,114 | -80.3% |
| Remuneration and social security | 454/9 | €66 | €167 | +€101 | +152% |
| Other amounts payable | 47/48 | €14,863 | €20,641 | +€5,778 | +38.9% |
| Remuneration, social security and pensions | 62 | €1,192 | €1,708 | +€516 | +43.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,543 | €4,115 | -€5,428 | -56.9% |
| Other operating charges | 640/8 | €427 | €743 | +€316 | +74.1% |
| Non-recurring operating charges | 66A | - | €6,966 | +€6,966 | |
| Gross operating margin | 9900 | €58,320 | €58,632 | +€312 | +0.5% |
| Operating profit (loss) | 9901 | €47,158 | €45,100 | -€2,058 | -4.4% |
| Financial income | 75/76B | €1,039 | €1,288 | +€249 | +24.0% |
| Recurring financial income | 75 | €1,039 | €1,288 | +€249 | +24.0% |
| Financial charges | 65/66B | €1,091 | €1,820 | +€729 | +66.8% |
| Recurring financial charges | 65 | €1,091 | €1,820 | +€729 | +66.8% |
| Profit (loss) for the period before taxes | 9903 | €47,106 | €44,568 | -€2,538 | -5.4% |
| Income taxes | 67/77 | €15,863 | €14,779 | -€1,084 | -6.8% |
| Profit (loss) for the period | 9904 | €31,243 | €29,789 | -€1,454 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,243 | €29,789 | -€1,454 | -4.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.