ACM Clima: 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.
ACM Clima
Largest movements
- Tangible fixed assets -€339,847
down €339,847 (-80.1%), from €424,542 to €84,695
of which Land and buildings: -€287,200
- Cash -€84,023
down €84,023 (-57.7%), from €145,524 to €61,502
mainly Debts after one year (-€263,488) and Contributions, distributions and other (-€70,823)
- Receivables within one year -€35,199
down €35,199 (-13.1%), from €269,679 to €234,481
of which Trade receivables: -€44,280
- Deferred charges and accrued income +€9,156
up €9,156 (+271.6%), from €3,371 to €12,527
- Current investments -€8,993
down €8,993 (-87.2%), from €10,318 to €1,325
- Debts after one year -€263,488
down €263,488 (-89.4%), from €294,748 to €31,260
- Reserves -€51,588
down €51,588 (-24.3%), from €212,628 to €161,041
of which Distributable reserves: -€50,355
- Current portion of long-term debt -€45,104
down €45,104 (-48.9%), from €92,201 to €47,097
- Trade debts -€37,840
down €37,840 (-47.2%), from €80,141 to €42,301
- Profit (loss) carried forward -€33,746
down €33,746, from €965 to -€32,780
- Gross operating margin -€116,837
down €116,837 (-19.4%), from €601,130 to €484,293
- Depreciation -€28,651
down €28,651 (-46.1%), from €62,086 to €33,436
- Taxes -€19,211
down €19,211 (-99.5%), from €19,307 to €96
- Staff costs -€12,447
down €12,447 (-2.7%), from €469,143 to €456,696
- Other operating charges +€11,188
up €11,188 (+133.5%), from €8,381 to €19,569
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 | €853,434 | €394,529 | -€458,905 | -53.8% |
| Fixed assets | 21/28 | €424,542 | €84,695 | -€339,847 | -80.1% |
| Tangible fixed assets | 22/27 | €424,542 | €84,695 | -€339,847 | -80.1% |
| Land and buildings | 22 | €287,200 | - | -€287,200 | |
| Plant, machinery and equipment | 23 | €30,748 | €1,073 | -€29,674 | -96.5% |
| Furniture and vehicles | 24 | €105,876 | €83,622 | -€22,254 | -21.0% |
| Leasing and similar rights | 25 | €719 | - | -€719 | |
| Current assets | 29/58 | €428,892 | €309,834 | -€119,058 | -27.8% |
| Amounts receivable within one year | 40/41 | €269,679 | €234,481 | -€35,199 | -13.1% |
| Trade receivables | 40 | €241,645 | €197,365 | -€44,280 | -18.3% |
| Other amounts receivable | 41 | €28,035 | €37,116 | +€9,081 | +32.4% |
| Current investments | 50/53 | €10,318 | €1,325 | -€8,993 | -87.2% |
| Cash at bank and in hand | 54/58 | €145,524 | €61,502 | -€84,023 | -57.7% |
| Deferred charges and accrued income | 490/1 | €3,371 | €12,527 | +€9,156 | +271.6% |
| Total equity and liabilities | 10/49 | €853,434 | €394,529 | -€458,905 | -53.8% |
| Equity | 10/15 | €326,788 | €222,360 | -€104,428 | -32.0% |
| Contributions | 10/11 | €84,284 | €71,957 | -€12,327 | -14.6% |
| Capital | 10 | €84,284 | €71,957 | -€12,327 | -14.6% |
| Issued capital | 100 | €84,284 | €71,957 | -€12,327 | -14.6% |
| Reserves | 13 | €212,628 | €161,041 | -€51,588 | -24.3% |
| Non-distributable reserves | 130/1 | €8,428 | €7,196 | -€1,233 | -14.6% |
| Legal reserve | 130 | €8,428 | €7,196 | -€1,233 | -14.6% |
| Distributable reserves | 133 | €204,200 | €153,845 | -€50,355 | -24.7% |
| Profit (loss) carried forward | 14 | €965 | -€32,780 | -€33,746 | |
| Investment grants | 15 | €28,910 | €22,142 | -€6,768 | -23.4% |
| Amounts payable | 17/49 | €526,647 | €172,169 | -€354,477 | -67.3% |
| Amounts payable after more than one year | 17 | €294,748 | €31,260 | -€263,488 | -89.4% |
| Financial debts | 170/4 | €294,748 | €31,260 | -€263,488 | -89.4% |
| Amounts payable within one year | 42/48 | €231,898 | €140,909 | -€90,989 | -39.2% |
| Current portion of amounts payable after more than one year | 42 | €92,201 | €47,097 | -€45,104 | -48.9% |
| Trade debts | 44 | €80,141 | €42,301 | -€37,840 | -47.2% |
| Suppliers | 440/4 | €80,141 | €42,301 | -€37,840 | -47.2% |
| Taxes, remuneration and social security | 45 | €59,556 | €31,022 | -€28,535 | -47.9% |
| Taxes | 450/3 | €25,890 | - | -€25,890 | |
| Remuneration and social security | 454/9 | €33,667 | €31,022 | -€2,645 | -7.9% |
| Other amounts payable | 47/48 | - | €20,490 | +€20,490 | |
| Remuneration, social security and pensions | 62 | €469,143 | €456,696 | -€12,447 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,086 | €33,436 | -€28,651 | -46.1% |
| Other operating charges | 640/8 | €8,381 | €19,569 | +€11,188 | +133.5% |
| Gross operating margin | 9900 | €601,130 | €484,293 | -€116,837 | -19.4% |
| Operating profit (loss) | 9901 | €61,520 | -€25,407 | -€86,927 | |
| Financial income | 75/76B | €3,540 | €2,550 | -€990 | -28.0% |
| Recurring financial income | 75 | €3,540 | €2,550 | -€990 | -28.0% |
| Financial charges | 65/66B | €13,949 | €10,652 | -€3,297 | -23.6% |
| Recurring financial charges | 65 | €13,949 | €10,652 | -€3,297 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | €51,112 | -€33,509 | -€84,620 | |
| Income taxes | 67/77 | €19,307 | €96 | -€19,211 | -99.5% |
| Profit (loss) for the period | 9904 | €31,805 | -€33,604 | -€65,409 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,805 | -€33,604 | -€65,409 |
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 12 October 2026 via checked.be.