KOELTELEK: 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.
KOELTELEK
Largest movements
- Receivables within one year +€3,823
up €3,823 (+30.5%), from €12,547 to €16,369
of which Trade receivables: +€2,925
- Cash -€2,354
down €2,354 (-30.9%), from €7,606 to €5,252
mainly Receivables within one year (-€3,823) and Stocks and contracts (-€1,230)
- Stocks and contracts +€1,230
up €1,230 (+5.0%), from €24,630 to €25,860
- Reserves +€1,501
up €1,501 (+8.4%), from €17,881 to €19,382
of which Distributable reserves: +€1,501
- Tax, wage and social debts +€821
up €821 (+241%), from €341 to €1,162
- Turnover -€84,757
no longer reported in 2025 (was €84,757)
- Purchases and services -€82,006
no longer reported in 2025 (was €82,006)
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 | €44,783 | €47,481 | +€2,699 | +6.0% |
| Current assets | 29/58 | €44,783 | €47,481 | +€2,699 | +6.0% |
| Stocks and contracts in progress | 3 | €24,630 | €25,860 | +€1,230 | +5.0% |
| Stocks | 30/36 | €24,630 | €25,860 | +€1,230 | +5.0% |
| Amounts receivable within one year | 40/41 | €12,547 | €16,369 | +€3,823 | +30.5% |
| Trade receivables | 40 | €12,547 | €15,472 | +€2,925 | +23.3% |
| Other amounts receivable | 41 | - | €898 | +€898 | |
| Cash at bank and in hand | 54/58 | €7,606 | €5,252 | -€2,354 | -30.9% |
| Total equity and liabilities | 10/49 | €44,783 | €47,481 | +€2,699 | +6.0% |
| Equity | 10/15 | €37,881 | €39,382 | +€1,501 | +4.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €17,881 | €19,382 | +€1,501 | +8.4% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €15,881 | €17,382 | +€1,501 | +9.4% |
| Amounts payable | 17/49 | €6,901 | €8,099 | +€1,198 | +17.4% |
| Amounts payable within one year | 42/48 | €6,901 | €8,099 | +€1,198 | +17.4% |
| Trade debts | 44 | €5,608 | €5,985 | +€377 | +6.7% |
| Suppliers | 440/4 | €5,608 | €5,985 | +€377 | +6.7% |
| Taxes, remuneration and social security | 45 | €341 | €1,162 | +€821 | +241% |
| Taxes | 450/3 | €341 | €1,162 | +€821 | +241% |
| Other amounts payable | 47/48 | €952 | €952 | +€0 | 0.0% |
| Turnover | 70 | €84,757 | - | -€84,757 | |
| Goods, raw materials, services and sundry goods | 60/61 | €82,006 | - | -€82,006 | |
| Other operating charges | 640/8 | €190 | €593 | +€404 | +213% |
| Gross operating margin | 9900 | €2,751 | €2,497 | -€254 | -9.2% |
| Operating profit (loss) | 9901 | €2,561 | €1,903 | -€658 | -25.7% |
| Financial charges | 65/66B | €97 | €50 | -€47 | -48.1% |
| Recurring financial charges | 65 | €97 | €50 | -€47 | -48.1% |
| Profit (loss) for the period before taxes | 9903 | €2,465 | €1,853 | -€611 | -24.8% |
| Income taxes | 67/77 | €706 | €352 | -€354 | -50.1% |
| Profit (loss) for the period | 9904 | €1,758 | €1,501 | -€257 | -14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,758 | €1,501 | -€257 | -14.6% |
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 18 October 2026 via checked.be.