LM 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.
LM COOLING
Largest movements
- Receivables within one year +€12,828
up €12,828 (+78.4%), from €16,353 to €29,181
of which Other amounts receivable: +€14,530
- Cash +€10,319
up €10,319 (+203%), from €5,079 to €15,398
mainly Net result for the year (+€21,489) and Other debts (+€17,567)
- Tangible fixed assets -€1,603
down €1,603 (-35.0%), from €4,581 to €2,978
- Other debts +€17,567
up €17,567 (+26,099%), from €67 to €17,634
- Profit (loss) carried forward +€4,489
up €4,489 (+80.6%), from €5,569 to €10,058
- Current portion of long-term debt -€2,772
no longer reported in 2025 (was €2,772)
- Tax, wage and social debts +€1,707
up €1,707 (+72.0%), from €2,370 to €4,077
- Trade debts +€554
up €554 (+5.5%), from €10,082 to €10,636
- Gross operating margin +€26,203
up €26,203 (+1,325%), from €1,978 to €28,181
- Taxes +€1,837
up €1,837 (+164%), from €1,120 to €2,957
- Other operating charges +€1,706
up €1,706 (+579%), from €295 to €2,001
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 | €26,013 | €47,557 | +€21,545 | +82.8% |
| Fixed assets | 21/28 | €4,581 | €2,978 | -€1,603 | -35.0% |
| Tangible fixed assets | 22/27 | €4,581 | €2,978 | -€1,603 | -35.0% |
| Furniture and vehicles | 24 | €4,581 | €2,978 | -€1,603 | -35.0% |
| Current assets | 29/58 | €21,431 | €44,579 | +€23,148 | +108% |
| Amounts receivable within one year | 40/41 | €16,353 | €29,181 | +€12,828 | +78.4% |
| Trade receivables | 40 | €6,236 | €4,534 | -€1,701 | -27.3% |
| Other amounts receivable | 41 | €10,117 | €24,647 | +€14,530 | +144% |
| Cash at bank and in hand | 54/58 | €5,079 | €15,398 | +€10,319 | +203% |
| Total equity and liabilities | 10/49 | €26,013 | €47,557 | +€21,545 | +82.8% |
| Equity | 10/15 | €9,569 | €14,058 | +€4,489 | +46.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,569 | €10,058 | +€4,489 | +80.6% |
| Amounts payable | 17/49 | €16,443 | €33,499 | +€17,056 | +104% |
| Amounts payable after more than one year | 17 | €1,152 | €1,152 | = | 0.0% |
| Financial debts | 170/4 | €1,152 | €1,152 | = | 0.0% |
| Amounts payable within one year | 42/48 | €15,291 | €32,347 | +€17,056 | +112% |
| Current portion of amounts payable after more than one year | 42 | €2,772 | - | -€2,772 | |
| Trade debts | 44 | €10,082 | €10,636 | +€554 | +5.5% |
| Suppliers | 440/4 | €10,082 | €10,636 | +€554 | +5.5% |
| Taxes, remuneration and social security | 45 | €2,370 | €4,077 | +€1,707 | +72.0% |
| Taxes | 450/3 | €2,370 | €4,077 | +€1,707 | +72.0% |
| Other amounts payable | 47/48 | €67 | €17,634 | +€17,567 | +26,099% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,603 | €1,603 | = | 0.0% |
| Other operating charges | 640/8 | €295 | €2,001 | +€1,706 | +579% |
| Gross operating margin | 9900 | €1,978 | €28,181 | +€26,203 | +1,325% |
| Operating profit (loss) | 9901 | €80 | €24,577 | +€24,497 | +30,679% |
| Financial charges | 65/66B | €131 | €132 | +€0 | +0.3% |
| Recurring financial charges | 65 | €131 | €132 | +€0 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | -€51 | €24,446 | +€24,497 | |
| Income taxes | 67/77 | €1,120 | €2,957 | +€1,837 | +164% |
| Profit (loss) for the period | 9904 | -€1,171 | €21,489 | +€22,660 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,171 | €21,489 | +€22,660 |
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 19 October 2026 via checked.be.