KEEP COOL BELGIQUE: 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.
KEEP COOL BELGIQUE
Largest movements
- Tangible fixed assets -€70,492
down €70,492 (-25.6%), from €275,177 to €204,685
of which Other tangible fixed assets: -€69,296
- Receivables within one year -€15,019
down €15,019 (-100%), from €15,019 to €0
of which Trade receivables: -€15,019
- Intangible fixed assets -€7,180
down €7,180 (-100%), from €7,180 to €0
- Cash -€5,392
down €5,392 (-75.6%), from €7,131 to €1,740
mainly Net result for the year (-€267,143) and Current portion of long-term debt (-€67,493)
- Other debts +€275,490
up €275,490 (+31.7%), from €869,523 to €1.1m
- Profit (loss) carried forward -€267,143
down €267,143 (-28.2%), from -€947,464 to -€1.2m
- Current portion of long-term debt -€67,493
down €67,493 (-69.9%), from €96,562 to €29,069
- Debts after one year -€23,271
down €23,271 (-100%), from €23,271 to €0
- Tax, wage and social debts -€16,647
down €16,647 (-68.0%), from €24,488 to €7,841
of which Remuneration and social security: -€15,582
- Other operating charges +€21,854
up €21,854 (+1,191%), from €1,835 to €23,689
- Turnover +€13,656
up €13,656 (+4.5%), from €301,414 to €315,070
- Financial charges +€11,877
up €11,877 (+101%), from €11,770 to €23,646
- Staff costs +€7,984
up €7,984 (+6.8%), from €117,298 to €125,282
- Purchases and services +€7,762
up €7,762 (+2.3%), from €333,765 to €341,527
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 | €307,249 | €208,125 | -€99,123 | -32.3% |
| Fixed assets | 21/28 | €282,417 | €204,745 | -€77,672 | -27.5% |
| Intangible fixed assets | 21 | €7,180 | €0 | -€7,180 | -100% |
| Tangible fixed assets | 22/27 | €275,177 | €204,685 | -€70,492 | -25.6% |
| Plant, machinery and equipment | 23 | €3,068 | €1,347 | -€1,722 | -56.1% |
| Furniture and vehicles | 24 | - | €526 | +€526 | |
| Other tangible fixed assets | 26 | €272,109 | €202,812 | -€69,296 | -25.5% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €24,832 | €3,380 | -€21,451 | -86.4% |
| Stocks and contracts in progress | 3 | €2,560 | €1,529 | -€1,031 | -40.3% |
| Stocks | 30/36 | €2,560 | €1,529 | -€1,031 | -40.3% |
| Amounts receivable within one year | 40/41 | €15,019 | €0 | -€15,019 | -100% |
| Trade receivables | 40 | €15,019 | €0 | -€15,019 | -100% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €7,131 | €1,740 | -€5,392 | -75.6% |
| Deferred charges and accrued income | 490/1 | €121 | €112 | -€9 | -7.7% |
| Total equity and liabilities | 10/49 | €307,249 | €208,125 | -€99,123 | -32.3% |
| Equity | 10/15 | -€810,562 | -€1,086,973 | -€276,411 | -34.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€947,464 | -€1,214,607 | -€267,143 | -28.2% |
| Investment grants | 15 | €36,902 | €27,633 | -€9,269 | -25.1% |
| Amounts payable | 17/49 | €1,117,810 | €1,295,099 | +€177,288 | +15.9% |
| Amounts payable after more than one year | 17 | €23,271 | €0 | -€23,271 | -100% |
| Financial debts | 170/4 | €23,271 | €0 | -€23,271 | -100% |
| Amounts payable within one year | 42/48 | €1,094,408 | €1,292,724 | +€198,317 | +18.1% |
| Current portion of amounts payable after more than one year | 42 | €96,562 | €29,069 | -€67,493 | -69.9% |
| Trade debts | 44 | €103,835 | €110,802 | +€6,967 | +6.7% |
| Suppliers | 440/4 | €103,835 | €110,802 | +€6,967 | +6.7% |
| Taxes, remuneration and social security | 45 | €24,488 | €7,841 | -€16,647 | -68.0% |
| Taxes | 450/3 | €3,107 | €2,043 | -€1,064 | -34.3% |
| Remuneration and social security | 454/9 | €21,381 | €5,798 | -€15,582 | -72.9% |
| Other amounts payable | 47/48 | €869,523 | €1,145,013 | +€275,490 | +31.7% |
| Accrued charges and deferred income | 492/3 | €132 | €2,374 | +€2,242 | +1,699% |
| Turnover | 70 | €301,414 | €315,070 | +€13,656 | +4.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €333,765 | €341,527 | +€7,762 | +2.3% |
| Remuneration, social security and pensions | 62 | €117,298 | €125,282 | +€7,984 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,088 | €78,467 | +€379 | +0.5% |
| Other operating charges | 640/8 | €1,835 | €23,689 | +€21,854 | +1,191% |
| Gross operating margin | 9900 | -€32,252 | -€25,579 | +€6,673 | +20.7% |
| Operating profit (loss) | 9901 | -€229,472 | -€253,017 | -€23,545 | -10.3% |
| Financial income | 75/76B | €9,269 | €9,521 | +€252 | +2.7% |
| Recurring financial income | 75 | €9,269 | €9,521 | +€252 | +2.7% |
| Financial charges | 65/66B | €11,770 | €23,646 | +€11,877 | +101% |
| Recurring financial charges | 65 | €11,770 | €23,646 | +€11,877 | +101% |
| Profit (loss) for the period before taxes | 9903 | -€231,973 | -€267,143 | -€35,170 | -15.2% |
| Profit (loss) for the period | 9904 | -€231,973 | -€267,143 | -€35,170 | -15.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€231,973 | -€267,143 | -€35,170 | -15.2% |
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.