SWEET COOL: what changed
Two fiscal 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.
SWEET COOL
Largest movements
- Tangible fixed assets +€74,184
up €74,184 (+614.9%), from €12,064 to €86,248
of which Plant, machinery and equipment: +€43,927
- Cash -€59,433
down €59,433 (-29.9%), from €198,506 to €139,073
mainly Investment in fixed assets (net) (-€95,670) and Tax, wage and social debts (-€9,254)
- Stocks and contracts -€21,059
down €21,059 (-25.1%), from €83,814 to €62,755
- Deferred charges and accrued income +€7,172
up €7,172 (+1368.4%), from €524 to €7,696
- Profit (loss) carried forward -€31,088
no longer reported in 2025 (was €31,088)
- Reserves +€27,020
up €27,020 (+435.8%), from €6,200 to €33,220
of which Distributable reserves: +€27,020
- Debts after one year +€17,833
up €17,833 (+222.9%), from €8,000 to €25,833
- Current portion of long-term debt +€12,886
new in 2025: €12,886
- Tax, wage and social debts -€9,254
down €9,254 (-55.4%), from €16,716 to €7,463
of which Remuneration and social security: -€8,345
- Other operating charges +€54,788
up €54,788 (+183.8%), from €29,815 to €84,603
- Gross operating margin +€28,510
up €28,510 (+11.0%), from €258,221 to €286,731
- Staff costs -€18,787
down €18,787 (-10.4%), from €180,529 to €161,742
- Depreciation +€15,444
up €15,444 (+255.6%), from €6,043 to €21,487
- Financial charges +€8,586
up €8,586 (+58.4%), from €14,710 to €23,296
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.
Cash bridge derived
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 | €298,640 | €301,544 | +€2,904 | +1.0% |
| Fixed assets | 21/28 | €12,064 | €86,248 | +€74,184 | +614.9% |
| Tangible fixed assets | 22/27 | €12,064 | €86,248 | +€74,184 | +614.9% |
| Plant, machinery and equipment | 23 | €9,354 | €53,281 | +€43,927 | +469.6% |
| Furniture and vehicles | 24 | €2,711 | €32,967 | +€30,256 | +1116.2% |
| Current assets | 29/58 | €286,576 | €215,296 | -€71,280 | -24.9% |
| Stocks and contracts in progress | 3 | €83,814 | €62,755 | -€21,059 | -25.1% |
| Stocks | 30/36 | €83,814 | €62,755 | -€21,059 | -25.1% |
| Amounts receivable within one year | 40/41 | €3,731 | €5,772 | +€2,041 | +54.7% |
| Other amounts receivable | 41 | €3,731 | €5,772 | +€2,041 | +54.7% |
| Cash at bank and in hand | 54/58 | €198,506 | €139,073 | -€59,433 | -29.9% |
| Deferred charges and accrued income | 490/1 | €524 | €7,696 | +€7,172 | +1368.4% |
| Total equity and liabilities | 10/49 | €298,640 | €301,544 | +€2,904 | +1.0% |
| Equity | 10/15 | €99,288 | €95,220 | -€4,069 | -4.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €33,220 | +€27,020 | +435.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | - | €27,020 | +€27,020 | |
| Profit (loss) carried forward | 14 | €31,088 | - | -€31,088 | |
| Amounts payable | 17/49 | €199,352 | €206,324 | +€6,972 | +3.5% |
| Amounts payable after more than one year | 17 | €8,000 | €25,833 | +€17,833 | +222.9% |
| Financial debts | 170/4 | €8,000 | €25,833 | +€17,833 | +222.9% |
| Amounts payable within one year | 42/48 | €191,352 | €180,491 | -€10,860 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | - | €12,886 | +€12,886 | |
| Financial debts | 43 | €700 | - | -€700 | |
| Credit institutions | 430/8 | €700 | - | -€700 | |
| Trade debts | 44 | €130,751 | €125,793 | -€4,958 | -3.8% |
| Suppliers | 440/4 | €130,751 | €125,793 | -€4,958 | -3.8% |
| Taxes, remuneration and social security | 45 | €16,716 | €7,463 | -€9,254 | -55.4% |
| Taxes | 450/3 | €1,053 | €144 | -€909 | -86.3% |
| Remuneration and social security | 454/9 | €15,663 | €7,318 | -€8,345 | -53.3% |
| Other amounts payable | 47/48 | €43,184 | €34,350 | -€8,834 | -20.5% |
| Remuneration, social security and pensions | 62 | €180,529 | €161,742 | -€18,787 | -10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,043 | €21,487 | +€15,444 | +255.6% |
| Other operating charges | 640/8 | €29,815 | €84,603 | +€54,788 | +183.8% |
| Non-recurring operating charges | 66A | €745 | - | -€745 | |
| Gross operating margin | 9900 | €258,221 | €286,731 | +€28,510 | +11.0% |
| Operating profit (loss) | 9901 | €41,090 | €18,899 | -€22,191 | -54.0% |
| Financial income | 75/76B | €275 | €473 | +€198 | +71.8% |
| Recurring financial income | 75 | €275 | €473 | +€198 | +71.8% |
| Financial charges | 65/66B | €14,710 | €23,296 | +€8,586 | +58.4% |
| Recurring financial charges | 65 | €14,710 | €23,296 | +€8,586 | +58.4% |
| Profit (loss) for the period before taxes | 9903 | €26,655 | -€3,924 | -€30,579 | |
| Income taxes | 67/77 | €422 | €144 | -€278 | -65.8% |
| Profit (loss) for the period | 9904 | €26,233 | -€4,069 | -€30,301 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,233 | -€4,069 | -€30,301 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.