WE Koeltechniek: 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.
WE Koeltechniek
Largest movements
- Cash +€78,093
up €78,093 (+167%), from €46,805 to €124,898
mainly Net result for the year (+€51,573) and Receivables within one year (+€42,466)
- Receivables within one year -€42,466
down €42,466 (-50.9%), from €83,490 to €41,024
of which Other amounts receivable: -€55,445
- Tangible fixed assets -€23,790
down €23,790 (-26.9%), from €88,461 to €64,671
of which Furniture and vehicles: -€23,232
- Stocks and contracts +€4,302
up €4,302 (+66.1%), from €6,507 to €10,809
- Reserves -€45,151
down €45,151 (-24.3%), from €185,537 to €140,386
of which Distributable reserves: -€45,151
- Trade debts +€34,348
up €34,348 (+719%), from €4,776 to €39,124
- Other debts +€28,495
new in 2025: €28,495
- Tax, wage and social debts +€10,825
up €10,825 (+53.6%), from €20,212 to €31,037
- Debts after one year -€7,599
no longer reported in 2025 (was €7,599)
- Gross operating margin +€14,063
up €14,063 (+15.2%), from €92,629 to €106,692
- Taxes +€5,034
up €5,034 (+24.4%), from €20,636 to €25,670
- Other operating charges -€2,196
down €2,196 (-71.9%), from €3,056 to €860
- Financial income +€1,275
up €1,275 (+63.7%), from €2,001 to €3,276
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 | €231,966 | €248,141 | +€16,175 | +7.0% |
| Formation expenses | 20 | €1,279 | €919 | -€360 | -28.1% |
| Fixed assets | 21/28 | €89,149 | €65,234 | -€23,915 | -26.8% |
| Intangible fixed assets | 21 | €688 | €563 | -€125 | -18.2% |
| Tangible fixed assets | 22/27 | €88,461 | €64,671 | -€23,790 | -26.9% |
| Plant, machinery and equipment | 23 | €13,091 | €12,533 | -€558 | -4.3% |
| Furniture and vehicles | 24 | €75,370 | €52,138 | -€23,232 | -30.8% |
| Current assets | 29/58 | €141,538 | €181,988 | +€40,450 | +28.6% |
| Stocks and contracts in progress | 3 | €6,507 | €10,809 | +€4,302 | +66.1% |
| Stocks | 30/36 | €6,507 | €10,809 | +€4,302 | +66.1% |
| Amounts receivable within one year | 40/41 | €83,490 | €41,024 | -€42,466 | -50.9% |
| Trade receivables | 40 | €22,476 | €35,455 | +€12,979 | +57.7% |
| Other amounts receivable | 41 | €61,014 | €5,569 | -€55,445 | -90.9% |
| Cash at bank and in hand | 54/58 | €46,805 | €124,898 | +€78,093 | +167% |
| Deferred charges and accrued income | 490/1 | €4,736 | €5,257 | +€521 | +11.0% |
| Total equity and liabilities | 10/49 | €231,966 | €248,141 | +€16,175 | +7.0% |
| Equity | 10/15 | €187,037 | €141,886 | -€45,151 | -24.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €185,537 | €140,386 | -€45,151 | -24.3% |
| Non-distributable reserves | 130/1 | €150 | €150 | = | 0.0% |
| Reserves not available under the articles | 1311 | €150 | €150 | = | 0.0% |
| Distributable reserves | 133 | €185,387 | €140,236 | -€45,151 | -24.4% |
| Amounts payable | 17/49 | €44,929 | €106,255 | +€61,326 | +136% |
| Amounts payable after more than one year | 17 | €7,599 | - | -€7,599 | |
| Financial debts | 170/4 | €7,599 | - | -€7,599 | |
| Amounts payable within one year | 42/48 | €37,330 | €106,255 | +€68,925 | +185% |
| Current portion of amounts payable after more than one year | 42 | €12,342 | €7,599 | -€4,743 | -38.4% |
| Trade debts | 44 | €4,776 | €39,124 | +€34,348 | +719% |
| Suppliers | 440/4 | €4,776 | €39,124 | +€34,348 | +719% |
| Taxes, remuneration and social security | 45 | €20,212 | €31,037 | +€10,825 | +53.6% |
| Taxes | 450/3 | €20,212 | €31,037 | +€10,825 | +53.6% |
| Other amounts payable | 47/48 | - | €28,495 | +€28,495 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,999 | €31,603 | -€396 | -1.2% |
| Other operating charges | 640/8 | €3,056 | €860 | -€2,196 | -71.9% |
| Gross operating margin | 9900 | €92,629 | €106,692 | +€14,063 | +15.2% |
| Operating profit (loss) | 9901 | €57,574 | €74,229 | +€16,655 | +28.9% |
| Financial income | 75/76B | €2,001 | €3,276 | +€1,275 | +63.7% |
| Recurring financial income | 75 | €2,001 | €3,276 | +€1,275 | +63.7% |
| Financial charges | 65/66B | €598 | €262 | -€336 | -56.2% |
| Recurring financial charges | 65 | €598 | €262 | -€336 | -56.2% |
| Profit (loss) for the period before taxes | 9903 | €58,977 | €77,243 | +€18,266 | +31.0% |
| Income taxes | 67/77 | €20,636 | €25,670 | +€5,034 | +24.4% |
| Profit (loss) for the period | 9904 | €38,341 | €51,573 | +€13,232 | +34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €38,341 | €51,573 | +€13,232 | +34.5% |
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 20 October 2026 via checked.be.