AR KLIMA: 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.
AR KLIMA
Largest movements
- Receivables within one year +€3,627
up €3,627 (+3.0%), from €121,965 to €125,593
of which Trade receivables: +€5,516
- Reserves +€12,305
up €12,305 (+46.7%), from €26,327 to €38,633
of which Distributable reserves: +€12,305
- Other debts -€7,179
down €7,179 (-78.8%), from €9,115 to €1,937
- Short-term financial debts +€4,988
up €4,988 (+56.8%), from €8,786 to €13,774
- Trade debts -€4,797
down €4,797 (-41.2%), from €11,646 to €6,849
- Tax, wage and social debts -€1,899
down €1,899 (-15.9%), from €11,965 to €10,066
- Gross operating margin +€27,727
up €27,727 (+136%), from €20,389 to €48,116
- Write-downs +€26,281
new in 2025: €26,281
- Depreciation -€1,164
down €1,164 (-89.8%), from €1,296 to €132
- Other operating charges +€700
up €700 (+86.3%), from €811 to €1,511
- Financial charges +€490
up €490 (+49.0%), from €999 to €1,488
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €128,676 | €131,553 | +€2,877 | +2.2% |
| Fixed assets | 21/28 | €544 | €412 | -€132 | -24.3% |
| Tangible fixed assets | 22/27 | €544 | €412 | -€132 | -24.3% |
| Plant, machinery and equipment | 23 | €544 | €412 | -€132 | -24.3% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Current assets | 29/58 | €128,132 | €131,141 | +€3,009 | +2.3% |
| Stocks and contracts in progress | 3 | €4,960 | €4,642 | -€318 | -6.4% |
| Stocks | 30/36 | €4,960 | €4,642 | -€318 | -6.4% |
| Amounts receivable within one year | 40/41 | €121,965 | €125,593 | +€3,627 | +3.0% |
| Trade receivables | 40 | €118,075 | €123,590 | +€5,516 | +4.7% |
| Other amounts receivable | 41 | €3,891 | €2,002 | -€1,888 | -48.5% |
| Deferred charges and accrued income | 490/1 | €1,207 | €907 | -€300 | -24.9% |
| Total equity and liabilities | 10/49 | €128,676 | €131,553 | +€2,877 | +2.2% |
| Equity | 10/15 | €86,623 | €98,928 | +€12,305 | +14.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €26,327 | €38,633 | +€12,305 | +46.7% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €24,327 | €36,633 | +€12,305 | +50.6% |
| Profit (loss) carried forward | 14 | €40,295 | €40,295 | = | 0.0% |
| Amounts payable | 17/49 | €42,053 | €32,625 | -€9,428 | -22.4% |
| Amounts payable within one year | 42/48 | €42,053 | €32,625 | -€9,428 | -22.4% |
| Current portion of amounts payable after more than one year | 42 | €541 | - | -€541 | |
| Financial debts | 43 | €8,786 | €13,774 | +€4,988 | +56.8% |
| Credit institutions | 430/8 | €8,786 | €13,774 | +€4,988 | +56.8% |
| Trade debts | 44 | €11,646 | €6,849 | -€4,797 | -41.2% |
| Suppliers | 440/4 | €11,646 | €6,849 | -€4,797 | -41.2% |
| Taxes, remuneration and social security | 45 | €11,965 | €10,066 | -€1,899 | -15.9% |
| Taxes | 450/3 | €11,965 | €10,066 | -€1,899 | -15.9% |
| Other amounts payable | 47/48 | €9,115 | €1,937 | -€7,179 | -78.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,296 | €132 | -€1,164 | -89.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €26,281 | +€26,281 | |
| Other operating charges | 640/8 | €811 | €1,511 | +€700 | +86.3% |
| Gross operating margin | 9900 | €20,389 | €48,116 | +€27,727 | +136% |
| Operating profit (loss) | 9901 | €18,282 | €20,192 | +€1,911 | +10.5% |
| Financial income | 75/76B | €211 | - | -€211 | |
| Recurring financial income | 75 | €211 | - | -€211 | |
| Financial charges | 65/66B | €999 | €1,488 | +€490 | +49.0% |
| Recurring financial charges | 65 | €999 | €1,488 | +€490 | +49.0% |
| Profit (loss) for the period before taxes | 9903 | €17,493 | €18,704 | +€1,211 | +6.9% |
| Income taxes | 67/77 | €6,456 | €6,399 | -€57 | -0.9% |
| Profit (loss) for the period | 9904 | €11,038 | €12,305 | +€1,268 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,038 | €12,305 | +€1,268 | +11.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.