KOELTECHNIEK CRIEL: 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.
KOELTECHNIEK CRIEL
Largest movements
- Receivables within one year +€524,792
up €524,792 (+188%), from €279,301 to €804,093
of which Trade receivables: +€446,339
- Cash -€413,281
down €413,281 (-94.3%), from €438,081 to €24,801
mainly Receivables within one year (-€524,792) and Current investments (-€124,000)
- Current investments +€124,000
up €124,000 (+105%), from €118,000 to €242,000
- Profit (loss) carried forward +€83,038
up €83,038 (+11.7%), from €712,405 to €795,443
- Other debts +€82,353
up €82,353, from €0 to €82,353
- Advances received +€58,214
new in 2025: €58,214
- Tax, wage and social debts -€37,745
down €37,745 (-65.3%), from €57,842 to €20,097
of which Taxes: -€34,195
- Trade debts +€29,377
up €29,377 (+27.4%), from €107,379 to €136,756
- Staff costs -€47,307
down €47,307 (-32.1%), from €147,461 to €100,154
- Gross operating margin -€37,562
down €37,562 (-9.2%), from €408,416 to €370,854
- Depreciation +€15,201
up €15,201 (+54.7%), from €27,788 to €42,989
- Write-downs -€8,639
down €8,639, from €4,320 to -€4,320
- Financial income -€5,411
down €5,411 (-92.6%), from €5,842 to €431
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 | €974,875 | €1,203,815 | +€228,940 | +23.5% |
| Fixed assets | 21/28 | €107,825 | €103,215 | -€4,610 | -4.3% |
| Intangible fixed assets | 21 | €3,080 | €980 | -€2,100 | -68.2% |
| Tangible fixed assets | 22/27 | €104,745 | €102,235 | -€2,510 | -2.4% |
| Plant, machinery and equipment | 23 | €16,377 | €10,422 | -€5,956 | -36.4% |
| Furniture and vehicles | 24 | €88,367 | €91,813 | +€3,446 | +3.9% |
| Current assets | 29/58 | €867,050 | €1,100,600 | +€233,550 | +26.9% |
| Stocks and contracts in progress | 3 | €22,000 | €22,000 | = | 0.0% |
| Stocks | 30/36 | €22,000 | €22,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €279,301 | €804,093 | +€524,792 | +188% |
| Trade receivables | 40 | €85,429 | €531,767 | +€446,339 | +522% |
| Other amounts receivable | 41 | €193,872 | €272,325 | +€78,453 | +40.5% |
| Current investments | 50/53 | €118,000 | €242,000 | +€124,000 | +105% |
| Cash at bank and in hand | 54/58 | €438,081 | €24,801 | -€413,281 | -94.3% |
| Deferred charges and accrued income | 490/1 | €9,668 | €7,707 | -€1,961 | -20.3% |
| Total equity and liabilities | 10/49 | €974,875 | €1,203,815 | +€228,940 | +23.5% |
| Equity | 10/15 | €714,405 | €797,443 | +€83,038 | +11.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €712,405 | €795,443 | +€83,038 | +11.7% |
| Amounts payable | 17/49 | €260,470 | €406,372 | +€145,902 | +56.0% |
| Amounts payable after more than one year | 17 | €60,638 | €68,056 | +€7,419 | +12.2% |
| Financial debts | 170/4 | €60,638 | €68,056 | +€7,419 | +12.2% |
| Amounts payable within one year | 42/48 | €199,832 | €338,316 | +€138,483 | +69.3% |
| Current portion of amounts payable after more than one year | 42 | €34,611 | €40,896 | +€6,284 | +18.2% |
| Trade debts | 44 | €107,379 | €136,756 | +€29,377 | +27.4% |
| Suppliers | 440/4 | €107,379 | €136,756 | +€29,377 | +27.4% |
| Advances received on contracts in progress | 46 | - | €58,214 | +€58,214 | |
| Taxes, remuneration and social security | 45 | €57,842 | €20,097 | -€37,745 | -65.3% |
| Taxes | 450/3 | €43,814 | €9,619 | -€34,195 | -78.0% |
| Remuneration and social security | 454/9 | €14,028 | €10,478 | -€3,550 | -25.3% |
| Other amounts payable | 47/48 | €0 | €82,353 | +€82,353 | |
| Remuneration, social security and pensions | 62 | €147,461 | €100,154 | -€47,307 | -32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,788 | €42,989 | +€15,201 | +54.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,320 | -€4,320 | -€8,639 | |
| Other operating charges | 640/8 | €4,160 | €2,264 | -€1,897 | -45.6% |
| Gross operating margin | 9900 | €408,416 | €370,854 | -€37,562 | -9.2% |
| Operating profit (loss) | 9901 | €224,688 | €229,767 | +€5,079 | +2.3% |
| Financial income | 75/76B | €5,842 | €431 | -€5,411 | -92.6% |
| Recurring financial income | 75 | €5,842 | €431 | -€5,411 | -92.6% |
| Financial charges | 65/66B | €3,519 | €5,010 | +€1,492 | +42.4% |
| Recurring financial charges | 65 | €3,519 | €5,010 | +€1,492 | +42.4% |
| Profit (loss) for the period before taxes | 9903 | €227,011 | €225,188 | -€1,824 | -0.8% |
| Income taxes | 67/77 | €56,097 | €59,796 | +€3,699 | +6.6% |
| Profit (loss) for the period | 9904 | €170,914 | €165,391 | -€5,522 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €170,914 | €165,391 | -€5,522 | -3.2% |
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 28 October 2026 via checked.be.