MP COOLING: what changed
MP COOLING
Largest movements
- Receivables after one year -€70,000
no longer reported in 2025 (was €70,000)
- Cash +€18,377
up €18,377 (+12.6%), from €145,702 to €164,079
mainly Receivables after one year (+€70,000) and Depreciation (+€44,689)
- Tangible fixed assets +€13,911
up €13,911 (+23.2%), from €59,860 to €73,770
of which Furniture and vehicles: +€18,819
- Deferred charges and accrued income -€9,734
down €9,734 (-31.7%), from €30,666 to €20,932
- Receivables within one year +€7,639
up €7,639 (+68.0%), from €11,226 to €18,864
of which Trade receivables: +€10,899
- Reserves -€67,650
down €67,650 (-30.3%), from €223,617 to €155,967
of which Distributable reserves: -€67,650
- Profit (loss) carried forward +€39,337
up €39,337 (+165%), from €23,848 to €63,185
- Other debts -€16,103
down €16,103 (-60.7%), from €26,548 to €10,445
- Debts after one year -€7,359
down €7,359 (-23.8%), from €30,868 to €23,509
- Trade debts +€7,056
up €7,056 (+29.8%), from €23,700 to €30,757
- Gross operating margin +€43,934
up €43,934 (+40.8%), from €107,729 to €151,662
- Staff costs +€13,441
up €13,441 (+35.9%), from €37,399 to €50,840
- Depreciation +€7,262
up €7,262 (+19.4%), from €37,427 to €44,689
- Taxes +€2,750
up €2,750 (+36.2%), from €7,589 to €10,339
- Financial charges +€2,542
up €2,542 (+248%), from €1,026 to €3,568
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €351,942 | €314,200 | -€37,743 | -10.7% |
| Fixed assets | 21/28 | €59,974 | €73,785 | +€13,811 | +23.0% |
| Intangible fixed assets | 21 | €115 | €15 | -€100 | -87.3% |
| Tangible fixed assets | 22/27 | €59,860 | €73,770 | +€13,911 | +23.2% |
| Plant, machinery and equipment | 23 | €8,053 | €3,145 | -€4,908 | -60.9% |
| Furniture and vehicles | 24 | €51,807 | €70,625 | +€18,819 | +36.3% |
| Current assets | 29/58 | €291,968 | €240,415 | -€51,553 | -17.7% |
| Amounts receivable after more than one year | 29 | €70,000 | - | -€70,000 | |
| Other amounts receivable | 291 | €70,000 | - | -€70,000 | |
| Stocks and contracts in progress | 3 | €34,375 | €36,540 | +€2,165 | +6.3% |
| Stocks | 30/36 | €34,375 | €36,540 | +€2,165 | +6.3% |
| Amounts receivable within one year | 40/41 | €11,226 | €18,864 | +€7,639 | +68.0% |
| Trade receivables | 40 | €7,965 | €18,864 | +€10,899 | +137% |
| Other amounts receivable | 41 | €3,261 | - | -€3,261 | |
| Cash at bank and in hand | 54/58 | €145,702 | €164,079 | +€18,377 | +12.6% |
| Deferred charges and accrued income | 490/1 | €30,666 | €20,932 | -€9,734 | -31.7% |
| Total equity and liabilities | 10/49 | €351,942 | €314,200 | -€37,743 | -10.7% |
| Equity | 10/15 | €253,665 | €225,352 | -€28,313 | -11.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €223,617 | €155,967 | -€67,650 | -30.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €221,757 | €154,107 | -€67,650 | -30.5% |
| Profit (loss) carried forward | 14 | €23,848 | €63,185 | +€39,337 | +165% |
| Amounts payable | 17/49 | €98,278 | €88,848 | -€9,430 | -9.6% |
| Amounts payable after more than one year | 17 | €30,868 | €23,509 | -€7,359 | -23.8% |
| Financial debts | 170/4 | €30,868 | €23,509 | -€7,359 | -23.8% |
| Amounts payable within one year | 42/48 | €66,928 | €63,816 | -€3,112 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €7,132 | €7,359 | +€227 | +3.2% |
| Trade debts | 44 | €23,700 | €30,757 | +€7,056 | +29.8% |
| Suppliers | 440/4 | €23,700 | €30,757 | +€7,056 | +29.8% |
| Taxes, remuneration and social security | 45 | €9,547 | €15,255 | +€5,708 | +59.8% |
| Taxes | 450/3 | €5,328 | €6,090 | +€762 | +14.3% |
| Remuneration and social security | 454/9 | €4,219 | €9,165 | +€4,947 | +117% |
| Other amounts payable | 47/48 | €26,548 | €10,445 | -€16,103 | -60.7% |
| Accrued charges and deferred income | 492/3 | €483 | €1,523 | +€1,041 | +216% |
| Non-recurring operating income | 76A | €4,000 | €15,000 | +€11,000 | +275% |
| Remuneration, social security and pensions | 62 | €37,399 | €50,840 | +€13,441 | +35.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,427 | €44,689 | +€7,262 | +19.4% |
| Other operating charges | 640/8 | €2,567 | €3,078 | +€511 | +19.9% |
| Gross operating margin | 9900 | €107,729 | €151,662 | +€43,934 | +40.8% |
| Operating profit (loss) | 9901 | €30,336 | €53,055 | +€22,719 | +74.9% |
| Financial income | 75/76B | €2,048 | €190 | -€1,858 | -90.7% |
| Recurring financial income | 75 | €2,048 | €190 | -€1,858 | -90.7% |
| Financial charges | 65/66B | €1,026 | €3,568 | +€2,542 | +248% |
| Recurring financial charges | 65 | €1,026 | €3,568 | +€2,542 | +248% |
| Profit (loss) for the period before taxes | 9903 | €31,358 | €49,677 | +€18,319 | +58.4% |
| Income taxes | 67/77 | €7,589 | €10,339 | +€2,750 | +36.2% |
| Profit (loss) for the period | 9904 | €23,768 | €39,337 | +€15,569 | +65.5% |
| Profit (loss) for the period to be appropriated | 9905 | €23,768 | €39,337 | +€15,569 | +65.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.