DE KOOLPUTTEN: 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.
DE KOOLPUTTEN
Largest movements
- Cash -€180,681
down €180,681 (-76.8%), from €235,213 to €54,532
mainly Net result for the year (-€432,829) and Deferred charges and accrued income (-€20,095)
- Receivables within one year -€86,922
down €86,922 (-65.2%), from €133,241 to €46,319
of which Trade receivables: -€87,807
- Tangible fixed assets -€28,784
down €28,784 (-33.6%), from €85,780 to €56,996
of which Furniture and vehicles: -€28,235
- Deferred charges and accrued income +€20,095
up €20,095 (+158%), from €12,684 to €32,780
- Intangible fixed assets +€13,199
up €13,199 (+6,524%), from €202 to €13,401
- Profit (loss) carried forward -€432,829
down €432,829 (-121%), from -€357,096 to -€789,925
- Other debts +€142,712
up €142,712, from €0 to €142,712
- Tax, wage and social debts +€23,483
up €23,483 (+20.7%), from €113,412 to €136,895
of which Remuneration and social security: +€36,926
- Advances received -€11,470
down €11,470 (-7.3%), from €156,965 to €145,495
- Trade debts +€6,090
up €6,090 (+4.7%), from €128,770 to €134,860
- Gross operating margin -€197,776
down €197,776 (-22.6%), from €874,667 to €676,891
- Staff costs -€102,918
down €102,918 (-9.0%), from €1.1m to €1.0m
- Other operating charges +€8,791
up €8,791 (+571%), from €1,541 to €10,331
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 | €492,632 | €220,431 | -€272,201 | -55.3% |
| Fixed assets | 21/28 | €85,983 | €70,397 | -€15,586 | -18.1% |
| Intangible fixed assets | 21 | €202 | €13,401 | +€13,199 | +6,524% |
| Tangible fixed assets | 22/27 | €85,780 | €56,996 | -€28,784 | -33.6% |
| Land and buildings | 22 | €909 | €507 | -€402 | -44.2% |
| Plant, machinery and equipment | 23 | €17,627 | €17,480 | -€147 | -0.8% |
| Furniture and vehicles | 24 | €67,244 | €39,009 | -€28,235 | -42.0% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €406,649 | €150,034 | -€256,615 | -63.1% |
| Stocks and contracts in progress | 3 | €25,511 | €16,403 | -€9,108 | -35.7% |
| Stocks | 30/36 | €25,511 | €16,403 | -€9,108 | -35.7% |
| Amounts receivable within one year | 40/41 | €133,241 | €46,319 | -€86,922 | -65.2% |
| Trade receivables | 40 | €130,747 | €42,940 | -€87,807 | -67.2% |
| Other amounts receivable | 41 | €2,495 | €3,379 | +€885 | +35.5% |
| Cash at bank and in hand | 54/58 | €235,213 | €54,532 | -€180,681 | -76.8% |
| Deferred charges and accrued income | 490/1 | €12,684 | €32,780 | +€20,095 | +158% |
| Total equity and liabilities | 10/49 | €492,632 | €220,431 | -€272,201 | -55.3% |
| Equity | 10/15 | €92,904 | -€339,925 | -€432,829 | |
| Contributions | 10/11 | €450,000 | €450,000 | = | 0.0% |
| Capital | 10 | €450,000 | €450,000 | = | 0.0% |
| Issued capital | 100 | €450,000 | €450,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€357,096 | -€789,925 | -€432,829 | -121% |
| Amounts payable | 17/49 | €399,728 | €560,356 | +€160,628 | +40.2% |
| Amounts payable within one year | 42/48 | €399,455 | €559,961 | +€160,506 | +40.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €308 | €0 | -€308 | -100% |
| Credit institutions | 430/8 | €308 | €0 | -€308 | -100% |
| Trade debts | 44 | €128,770 | €134,860 | +€6,090 | +4.7% |
| Suppliers | 440/4 | €128,770 | €134,860 | +€6,090 | +4.7% |
| Advances received on contracts in progress | 46 | €156,965 | €145,495 | -€11,470 | -7.3% |
| Taxes, remuneration and social security | 45 | €113,412 | €136,895 | +€23,483 | +20.7% |
| Taxes | 450/3 | €28,999 | €15,556 | -€13,443 | -46.4% |
| Remuneration and social security | 454/9 | €84,413 | €121,339 | +€36,926 | +43.7% |
| Other amounts payable | 47/48 | €0 | €142,712 | +€142,712 | |
| Accrued charges and deferred income | 492/3 | €274 | €395 | +€122 | +44.5% |
| Non-recurring operating income | 76A | - | €98,317 | +€98,317 | |
| Remuneration, social security and pensions | 62 | €1,148,456 | €1,045,538 | -€102,918 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,391 | €34,511 | -€6,880 | -16.6% |
| Other operating charges | 640/8 | €1,541 | €10,331 | +€8,791 | +571% |
| Non-recurring operating charges | 66A | - | €9,000 | +€9,000 | |
| Gross operating margin | 9900 | €874,667 | €676,891 | -€197,776 | -22.6% |
| Operating profit (loss) | 9901 | -€316,721 | -€422,489 | -€105,768 | -33.4% |
| Financial income | 75/76B | €423 | €286 | -€137 | -32.3% |
| Recurring financial income | 75 | €423 | €286 | -€137 | -32.3% |
| Financial charges | 65/66B | €13,703 | €10,321 | -€3,382 | -24.7% |
| Recurring financial charges | 65 | €13,703 | €10,321 | -€3,382 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | -€330,002 | -€432,524 | -€102,523 | -31.1% |
| Income taxes | 67/77 | €275 | €305 | +€30 | +10.8% |
| Profit (loss) for the period | 9904 | -€330,277 | -€432,829 | -€102,552 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€330,277 | -€432,829 | -€102,552 | -31.1% |
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 27 October 2026 via checked.be.