KEEP COOL SABLON: 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 SABLON
Largest movements
- Receivables after one year -€76,947
down €76,947 (-39.1%), from €196,947 to €120,000
- Cash -€76,922
down €76,922 (-56.1%), from €137,129 to €60,207
mainly Investment in fixed assets (net) (-€76,391) and Trade debts (-€61,103)
- Tangible fixed assets +€32,424
up €32,424 (+15.3%), from €211,814 to €244,238
of which Furniture and vehicles: +€31,105
- Receivables within one year -€32,082
down €32,082 (-27.5%), from €116,615 to €84,533
of which Other amounts receivable: -€33,583
- Deferred charges and accrued income +€19,493
up €19,493 (+62.9%), from €31,010 to €50,503
- Trade debts -€61,103
down €61,103 (-69.9%), from €87,400 to €26,297
- Reserves -€42,751
down €42,751 (-12.5%), from €342,542 to €299,792
- Current portion of long-term debt -€13,180
down €13,180 (-100%), from €13,180 to €0
- Tax, wage and social debts -€9,574
down €9,574 (-51.7%), from €18,511 to €8,937
of which Taxes: -€9,580
- Gross operating margin -€6,567
down €6,567 (-10.0%), from €65,790 to €59,224
- Depreciation +€6,206
up €6,206 (+16.4%), from €37,761 to €43,967
- Taxes -€5,229
down €5,229 (-91.1%), from €5,741 to €511
- Financial income -€3,494
down €3,494 (-69.1%), from €5,058 to €1,564
- Financial charges -€3,370
down €3,370 (-19.1%), from €17,649 to €14,279
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 | €693,514 | €565,212 | -€128,303 | -18.5% |
| Fixed assets | 21/28 | €211,814 | €244,238 | +€32,424 | +15.3% |
| Tangible fixed assets | 22/27 | €211,814 | €244,238 | +€32,424 | +15.3% |
| Land and buildings | 22 | €122,591 | €119,068 | -€3,524 | -2.9% |
| Plant, machinery and equipment | 23 | €3,227 | €1,735 | -€1,492 | -46.2% |
| Furniture and vehicles | 24 | €72,166 | €103,270 | +€31,105 | +43.1% |
| Other tangible fixed assets | 26 | €13,830 | €20,165 | +€6,335 | +45.8% |
| Current assets | 29/58 | €481,700 | €320,974 | -€160,726 | -33.4% |
| Amounts receivable after more than one year | 29 | €196,947 | €120,000 | -€76,947 | -39.1% |
| Other amounts receivable | 291 | €196,947 | €120,000 | -€76,947 | -39.1% |
| Stocks and contracts in progress | 3 | - | €3,685 | +€3,685 | |
| Stocks | 30/36 | - | €3,685 | +€3,685 | |
| Amounts receivable within one year | 40/41 | €116,615 | €84,533 | -€32,082 | -27.5% |
| Trade receivables | 40 | €55,640 | €57,142 | +€1,502 | +2.7% |
| Other amounts receivable | 41 | €60,975 | €27,391 | -€33,583 | -55.1% |
| Current investments | 50/53 | - | €2,045 | +€2,045 | |
| Cash at bank and in hand | 54/58 | €137,129 | €60,207 | -€76,922 | -56.1% |
| Deferred charges and accrued income | 490/1 | €31,010 | €50,503 | +€19,493 | +62.9% |
| Total equity and liabilities | 10/49 | €693,514 | €565,212 | -€128,303 | -18.5% |
| Equity | 10/15 | €342,642 | €298,437 | -€44,205 | -12.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €342,542 | €299,792 | -€42,751 | -12.5% |
| Distributable reserves | 133 | €342,542 | €299,792 | -€42,751 | -12.5% |
| Profit (loss) carried forward | 14 | €0 | -€1,455 | -€1,455 | |
| Provisions and deferred taxes | 16 | €19,240 | €19,240 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €19,240 | €19,240 | = | 0.0% |
| Pensions and similar obligations | 160 | €19,240 | €19,240 | = | 0.0% |
| Amounts payable | 17/49 | €331,632 | €247,535 | -€84,097 | -25.4% |
| Amounts payable after more than one year | 17 | €190,000 | €190,000 | = | 0.0% |
| Financial debts | 170/4 | €190,000 | €190,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €119,949 | €37,736 | -€82,213 | -68.5% |
| Current portion of amounts payable after more than one year | 42 | €13,180 | €0 | -€13,180 | -100% |
| Trade debts | 44 | €87,400 | €26,297 | -€61,103 | -69.9% |
| Suppliers | 440/4 | €87,400 | €26,297 | -€61,103 | -69.9% |
| Taxes, remuneration and social security | 45 | €18,511 | €8,937 | -€9,574 | -51.7% |
| Taxes | 450/3 | €15,639 | €6,060 | -€9,580 | -61.3% |
| Remuneration and social security | 454/9 | €2,871 | €2,877 | +€6 | +0.2% |
| Other amounts payable | 47/48 | €859 | €2,503 | +€1,644 | +191% |
| Accrued charges and deferred income | 492/3 | €21,683 | €19,799 | -€1,885 | -8.7% |
| Non-recurring operating income | 76A | €4,132 | €7,103 | +€2,971 | +71.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,761 | €43,967 | +€6,206 | +16.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €3,731 | €3,485 | -€245 | -6.6% |
| Gross operating margin | 9900 | €65,790 | €59,224 | -€6,567 | -10.0% |
| Operating profit (loss) | 9901 | €24,299 | €11,771 | -€12,527 | -51.6% |
| Financial income | 75/76B | €5,058 | €1,564 | -€3,494 | -69.1% |
| Recurring financial income | 75 | €5,058 | €1,564 | -€3,494 | -69.1% |
| Financial charges | 65/66B | €17,649 | €14,279 | -€3,370 | -19.1% |
| Recurring financial charges | 65 | €17,649 | €14,279 | -€3,370 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €11,708 | -€943 | -€12,651 | |
| Income taxes | 67/77 | €5,741 | €511 | -€5,229 | -91.1% |
| Profit (loss) for the period | 9904 | €5,967 | -€1,455 | -€7,422 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,967 | -€1,455 | -€7,422 |
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 15 October 2026 via checked.be.