Stay Cool: what changed
Stay Cool
Largest movements
- Cash +€18,804
up €18,804 (+91.7%), from €20,502 to €39,306
mainly Net result for the year (+€23,752) and Depreciation (+€16,864)
- Tangible fixed assets -€16,864
down €16,864 (-23.3%), from €72,261 to €55,397
of which Furniture and vehicles: -€12,731
- Deferred charges and accrued income -€4,861
down €4,861 (-97.0%), from €5,013 to €152
- Debts after one year -€17,551
down €17,551 (-36.9%), from €47,544 to €29,993
- Profit (loss) carried forward +€15,612
no longer reported in 2025 (was -€15,612)
- Other debts -€13,233
down €13,233 (-24.7%), from €53,679 to €40,446
- Reserves +€8,140
up €8,140 (+672%), from €1,211 to €9,351
of which Distributable reserves: +€8,140
- Tax, wage and social debts +€4,522
new in 2025: €4,522
of which Taxes: +€2,686
- Depreciation -€10,586
down €10,586 (-38.6%), from €27,450 to €16,864
- Gross operating margin +€10,554
up €10,554 (+28.9%), from €36,560 to €47,115
- Taxes +€2,425
new in 2025: €2,425
- Financial charges -€731
down €731 (-19.3%), from €3,780 to €3,049
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 | €110,498 | €107,397 | -€3,101 | -2.8% |
| Fixed assets | 21/28 | €72,261 | €55,397 | -€16,864 | -23.3% |
| Tangible fixed assets | 22/27 | €72,261 | €55,397 | -€16,864 | -23.3% |
| Land and buildings | 22 | €29,951 | €26,224 | -€3,727 | -12.4% |
| Plant, machinery and equipment | 23 | €1,164 | €758 | -€406 | -34.9% |
| Furniture and vehicles | 24 | €41,146 | €28,415 | -€12,731 | -30.9% |
| Current assets | 29/58 | €38,238 | €52,000 | +€13,762 | +36.0% |
| Amounts receivable within one year | 40/41 | €12,723 | €12,543 | -€180 | -1.4% |
| Trade receivables | 40 | €11,230 | €9,968 | -€1,262 | -11.2% |
| Other amounts receivable | 41 | €1,493 | €2,575 | +€1,082 | +72.5% |
| Cash at bank and in hand | 54/58 | €20,502 | €39,306 | +€18,804 | +91.7% |
| Deferred charges and accrued income | 490/1 | €5,013 | €152 | -€4,861 | -97.0% |
| Total equity and liabilities | 10/49 | €110,498 | €107,397 | -€3,101 | -2.8% |
| Equity | 10/15 | -€9,401 | €14,351 | +€23,752 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,211 | €9,351 | +€8,140 | +672% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Distributable reserves | 133 | €711 | €8,851 | +€8,140 | +1,145% |
| Profit (loss) carried forward | 14 | -€15,612 | - | +€15,612 | |
| Amounts payable | 17/49 | €119,899 | €93,045 | -€26,854 | -22.4% |
| Amounts payable after more than one year | 17 | €47,544 | €29,993 | -€17,551 | -36.9% |
| Financial debts | 170/4 | €47,544 | €29,993 | -€17,551 | -36.9% |
| Amounts payable within one year | 42/48 | €72,355 | €63,053 | -€9,302 | -12.9% |
| Current portion of amounts payable after more than one year | 42 | €16,958 | €17,551 | +€593 | +3.5% |
| Trade debts | 44 | €1,718 | €533 | -€1,184 | -68.9% |
| Suppliers | 440/4 | €1,718 | €533 | -€1,184 | -68.9% |
| Taxes, remuneration and social security | 45 | - | €4,522 | +€4,522 | |
| Taxes | 450/3 | - | €2,686 | +€2,686 | |
| Remuneration and social security | 454/9 | - | €1,836 | +€1,836 | |
| Other amounts payable | 47/48 | €53,679 | €40,446 | -€13,233 | -24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,450 | €16,864 | -€10,586 | -38.6% |
| Other operating charges | 640/8 | €786 | €1,025 | +€239 | +30.4% |
| Gross operating margin | 9900 | €36,560 | €47,115 | +€10,554 | +28.9% |
| Operating profit (loss) | 9901 | €8,325 | €29,226 | +€20,902 | +251% |
| Financial income | 75/76B | €0 | €0 | +€0 | +700% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +700% |
| Financial charges | 65/66B | €3,780 | €3,049 | -€731 | -19.3% |
| Recurring financial charges | 65 | €3,780 | €3,049 | -€731 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €4,544 | €26,177 | +€21,633 | +476% |
| Income taxes | 67/77 | - | €2,425 | +€2,425 | |
| Profit (loss) for the period | 9904 | €4,544 | €23,752 | +€19,208 | +423% |
| Profit (loss) for the period to be appropriated | 9905 | €4,544 | €23,752 | +€19,208 | +423% |
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 1 November 2026 via checked.be.