KNOOPS 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.
KNOOPS COOLING
Largest movements
- Cash +€119,790
up €119,790 (+45.9%), from €261,085 to €380,875
mainly Net result for the year (+€91,517) and Stocks and contracts (+€72,983)
- Receivables within one year +€77,770
up €77,770 (+24.0%), from €323,809 to €401,579
of which Trade receivables: +€77,770
- Stocks and contracts -€72,983
down €72,983 (-22.6%), from €322,724 to €249,742
- Reserves +€91,517
up €91,517 (+12.2%), from €748,436 to €839,953
of which Distributable reserves: +€91,517
- Tax, wage and social debts +€27,282
up €27,282 (+48.6%), from €56,113 to €83,395
of which Taxes: +€19,414
- Current portion of long-term debt -€24,000
no longer reported in 2025 (was €24,000)
- Trade debts +€22,779
up €22,779 (+10.9%), from €208,905 to €231,684
- Staff costs -€52,571
down €52,571 (-13.1%), from €401,740 to €349,169
- Taxes +€16,590
up €16,590 (+75.5%), from €21,987 to €38,577
- Depreciation -€5,795
down €5,795 (-11.5%), from €50,509 to €44,714
- Provisions +€5,338
up €5,338, from -€529 to €4,809
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 | €1,101,154 | €1,217,032 | +€115,878 | +10.5% |
| Fixed assets | 21/28 | €179,815 | €168,265 | -€11,551 | -6.4% |
| Tangible fixed assets | 22/27 | €179,815 | €168,265 | -€11,551 | -6.4% |
| Land and buildings | 22 | €90,821 | €76,568 | -€14,253 | -15.7% |
| Furniture and vehicles | 24 | €88,994 | €91,696 | +€2,702 | +3.0% |
| Current assets | 29/58 | €921,339 | €1,048,767 | +€127,428 | +13.8% |
| Stocks and contracts in progress | 3 | €322,724 | €249,742 | -€72,983 | -22.6% |
| Stocks | 30/36 | €322,724 | €249,742 | -€72,983 | -22.6% |
| Amounts receivable within one year | 40/41 | €323,809 | €401,579 | +€77,770 | +24.0% |
| Trade receivables | 40 | €323,698 | €401,468 | +€77,770 | +24.0% |
| Other amounts receivable | 41 | €111 | €111 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €261,085 | €380,875 | +€119,790 | +45.9% |
| Deferred charges and accrued income | 490/1 | €13,720 | €16,571 | +€2,851 | +20.8% |
| Total equity and liabilities | 10/49 | €1,101,154 | €1,217,032 | +€115,878 | +10.5% |
| Equity | 10/15 | €810,436 | €901,953 | +€91,517 | +11.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €748,436 | €839,953 | +€91,517 | +12.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €742,236 | €833,753 | +€91,517 | +12.3% |
| Amounts payable | 17/49 | €290,718 | €315,079 | +€24,361 | +8.4% |
| Amounts payable within one year | 42/48 | €290,718 | €315,079 | +€24,361 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | €24,000 | - | -€24,000 | |
| Financial debts | 43 | €1,700 | - | -€1,700 | |
| Credit institutions | 430/8 | €1,700 | - | -€1,700 | |
| Trade debts | 44 | €208,905 | €231,684 | +€22,779 | +10.9% |
| Suppliers | 440/4 | €208,905 | €231,684 | +€22,779 | +10.9% |
| Taxes, remuneration and social security | 45 | €56,113 | €83,395 | +€27,282 | +48.6% |
| Taxes | 450/3 | €17,113 | €36,527 | +€19,414 | +113.4% |
| Remuneration and social security | 454/9 | €39,000 | €46,868 | +€7,868 | +20.2% |
| Remuneration, social security and pensions | 62 | €401,740 | €349,169 | -€52,571 | -13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,509 | €44,714 | -€5,795 | -11.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€529 | €4,809 | +€5,338 | |
| Other operating charges | 640/8 | €3,588 | €3,397 | -€191 | -5.3% |
| Gross operating margin | 9900 | €530,340 | €531,941 | +€1,601 | +0.3% |
| Operating profit (loss) | 9901 | €75,032 | €129,851 | +€54,819 | +73.1% |
| Financial income | 75/76B | €377 | €1,462 | +€1,085 | +287.7% |
| Recurring financial income | 75 | €377 | €1,462 | +€1,085 | +287.7% |
| Financial charges | 65/66B | €1,811 | €1,219 | -€592 | -32.7% |
| Recurring financial charges | 65 | €1,811 | €1,219 | -€592 | -32.7% |
| Profit (loss) for the period before taxes | 9903 | €73,598 | €130,094 | +€56,496 | +76.8% |
| Income taxes | 67/77 | €21,987 | €38,577 | +€16,590 | +75.5% |
| Profit (loss) for the period | 9904 | €51,611 | €91,517 | +€39,906 | +77.3% |
| Profit (loss) for the period to be appropriated | 9905 | €51,611 | €91,517 | +€39,906 | +77.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.