L.D. COOLING: 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.
L.D. COOLING
Largest movements
- Tangible fixed assets +€128,117
up €128,117 (+2,370%), from €5,406 to €133,523
of which Land and buildings: +€118,330
- Receivables within one year +€69,718
up €69,718 (+179%), from €38,840 to €108,559
of which Trade receivables: +€61,045
- Cash +€23,583
up €23,583 (+16.9%), from €139,864 to €163,447
mainly Other debts (+€117,647) and Debts after one year (+€112,549)
- Deferred charges and accrued income -€13,375
down €13,375 (-91.0%), from €14,701 to €1,326
- Other debts +€117,647
up €117,647, from €0 to €117,647
- Debts after one year +€112,549
new in 2025: €112,549
- Profit (loss) carried forward -€79,836
down €79,836 (-66.7%), from €119,756 to €39,920
- Trade debts +€75,294
up €75,294 (+387%), from €19,478 to €94,772
- Advances received -€22,980
no longer reported in 2025 (was €22,980)
- Taxes -€6,072
down €6,072 (-51.9%), from €11,707 to €5,635
- Depreciation +€6,017
up €6,017 (+403%), from €1,493 to €7,510
- Staff costs -€3,806
down €3,806 (-7.5%), from €50,427 to €46,621
- Gross operating margin -€3,178
down €3,178 (-3.0%), from €104,621 to €101,443
- Financial charges +€1,751
up €1,751 (+609%), from €288 to €2,039
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 | €199,660 | €408,079 | +€208,419 | +104% |
| Fixed assets | 21/28 | €5,581 | €133,698 | +€128,117 | +2,296% |
| Tangible fixed assets | 22/27 | €5,406 | €133,523 | +€128,117 | +2,370% |
| Land and buildings | 22 | - | €118,330 | +€118,330 | |
| Plant, machinery and equipment | 23 | €4,529 | €3,852 | -€676 | -14.9% |
| Furniture and vehicles | 24 | €877 | €11,340 | +€10,463 | +1,193% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €194,079 | €274,381 | +€80,302 | +41.4% |
| Stocks and contracts in progress | 3 | €674 | €1,049 | +€375 | +55.7% |
| Stocks | 30/36 | €674 | €1,049 | +€375 | +55.7% |
| Amounts receivable within one year | 40/41 | €38,840 | €108,559 | +€69,718 | +179% |
| Trade receivables | 40 | €26,736 | €87,782 | +€61,045 | +228% |
| Other amounts receivable | 41 | €12,104 | €20,777 | +€8,673 | +71.7% |
| Cash at bank and in hand | 54/58 | €139,864 | €163,447 | +€23,583 | +16.9% |
| Deferred charges and accrued income | 490/1 | €14,701 | €1,326 | -€13,375 | -91.0% |
| Total equity and liabilities | 10/49 | €199,660 | €408,079 | +€208,419 | +104% |
| Equity | 10/15 | €125,756 | €45,920 | -€79,836 | -63.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,756 | €39,920 | -€79,836 | -66.7% |
| Amounts payable | 17/49 | €73,904 | €362,159 | +€288,255 | +390% |
| Amounts payable after more than one year | 17 | - | €112,549 | +€112,549 | |
| Financial debts | 170/4 | - | €112,549 | +€112,549 | |
| Amounts payable within one year | 42/48 | €73,604 | €249,610 | +€176,006 | +239% |
| Current portion of amounts payable after more than one year | 42 | - | €8,627 | +€8,627 | |
| Trade debts | 44 | €19,478 | €94,772 | +€75,294 | +387% |
| Suppliers | 440/4 | €19,478 | €94,772 | +€75,294 | +387% |
| Advances received on contracts in progress | 46 | €22,980 | - | -€22,980 | |
| Taxes, remuneration and social security | 45 | €31,146 | €28,563 | -€2,583 | -8.3% |
| Taxes | 450/3 | €19,561 | €20,829 | +€1,268 | +6.5% |
| Remuneration and social security | 454/9 | €11,585 | €7,734 | -€3,851 | -33.2% |
| Other amounts payable | 47/48 | €0 | €117,647 | +€117,647 | |
| Accrued charges and deferred income | 492/3 | €300 | - | -€300 | |
| Remuneration, social security and pensions | 62 | €50,427 | €46,621 | -€3,806 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,493 | €7,510 | +€6,017 | +403% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €554 | - | -€554 | |
| Other operating charges | 640/8 | €1,813 | €2,263 | +€451 | +24.9% |
| Gross operating margin | 9900 | €104,621 | €101,443 | -€3,178 | -3.0% |
| Operating profit (loss) | 9901 | €50,334 | €45,048 | -€5,286 | -10.5% |
| Financial income | 75/76B | €832 | €437 | -€395 | -47.4% |
| Recurring financial income | 75 | €832 | €437 | -€395 | -47.4% |
| Financial charges | 65/66B | €288 | €2,039 | +€1,751 | +609% |
| Recurring financial charges | 65 | €288 | €2,039 | +€1,751 | +609% |
| Profit (loss) for the period before taxes | 9903 | €50,879 | €43,446 | -€7,433 | -14.6% |
| Income taxes | 67/77 | €11,707 | €5,635 | -€6,072 | -51.9% |
| Profit (loss) for the period | 9904 | €39,172 | €37,811 | -€1,360 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €39,172 | €37,811 | -€1,360 | -3.5% |
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 22 October 2026 via checked.be.