As Climatisation: 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.
As Climatisation
Largest movements
- Tangible fixed assets +€56,708
up €56,708 (+35.3%), from €160,540 to €217,248
of which Assets under construction and advance payments: +€67,371
- Cash -€30,029
down €30,029 (-59.9%), from €50,116 to €20,087
mainly Investment in fixed assets (net) (-€67,968) and Debts after one year (-€19,378)
- Deferred charges and accrued income -€18,296
down €18,296 (-91.5%), from €20,002 to €1,706
- Receivables within one year +€11,427
up €11,427 (+28.6%), from €39,908 to €51,335
of which Trade receivables: +€20,149
- Profit (loss) carried forward +€31,957
up €31,957 (+40.6%), from €78,656 to €110,613
- Debts after one year -€19,378
down €19,378 (-19.9%), from €97,504 to €78,127
of which Financial debts: -€19,378
- Current portion of long-term debt +€5,588
up €5,588 (+47.6%), from €11,747 to €17,335
- Gross operating margin +€24,245
up €24,245 (+76.5%), from €31,677 to €55,921
- Depreciation -€13,182
down €13,182 (-53.9%), from €24,442 to €11,260
- Taxes +€7,723
up €7,723 (+734.1%), from €1,052 to €8,775
- Financial charges -€1,177
down €1,177 (-54.2%), from €2,173 to €996
- Other operating charges +€1,133
up €1,133 (+108.0%), from €1,049 to €2,182
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 | €270,566 | €290,375 | +€19,810 | +7.3% |
| Fixed assets | 21/28 | €160,540 | €217,248 | +€56,708 | +35.3% |
| Tangible fixed assets | 22/27 | €160,540 | €217,248 | +€56,708 | +35.3% |
| Land and buildings | 22 | €98,980 | €96,149 | -€2,830 | -2.9% |
| Plant, machinery and equipment | 23 | €278 | €687 | +€409 | +147.4% |
| Furniture and vehicles | 24 | €28,546 | €20,305 | -€8,242 | -28.9% |
| Assets under construction and advance payments | 27 | €32,736 | €100,107 | +€67,371 | +205.8% |
| Current assets | 29/58 | €110,026 | €73,128 | -€36,898 | -33.5% |
| Amounts receivable within one year | 40/41 | €39,908 | €51,335 | +€11,427 | +28.6% |
| Trade receivables | 40 | €26,238 | €46,387 | +€20,149 | +76.8% |
| Other amounts receivable | 41 | €13,670 | €4,948 | -€8,722 | -63.8% |
| Cash at bank and in hand | 54/58 | €50,116 | €20,087 | -€30,029 | -59.9% |
| Deferred charges and accrued income | 490/1 | €20,002 | €1,706 | -€18,296 | -91.5% |
| Total equity and liabilities | 10/49 | €270,566 | €290,375 | +€19,810 | +7.3% |
| Equity | 10/15 | €83,656 | €115,613 | +€31,957 | +38.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,656 | €110,613 | +€31,957 | +40.6% |
| Amounts payable | 17/49 | €186,910 | €174,762 | -€12,147 | -6.5% |
| Amounts payable after more than one year | 17 | €97,504 | €78,127 | -€19,378 | -19.9% |
| Financial debts | 170/4 | €97,504 | €78,127 | -€19,378 | -19.9% |
| Other amounts payable | 178/9 | - | €0 | = | |
| Amounts payable within one year | 42/48 | €89,405 | €96,635 | +€7,230 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €11,747 | €17,335 | +€5,588 | +47.6% |
| Trade debts | 44 | €72,709 | €72,039 | -€669 | -0.9% |
| Suppliers | 440/4 | €72,709 | €72,039 | -€669 | -0.9% |
| Taxes, remuneration and social security | 45 | €3,756 | €5,698 | +€1,942 | +51.7% |
| Taxes | 450/3 | €3,756 | €5,698 | +€1,942 | +51.7% |
| Other amounts payable | 47/48 | €1,193 | €1,563 | +€369 | +31.0% |
| Remuneration, social security and pensions | 62 | €422 | €0 | -€422 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,442 | €11,260 | -€13,182 | -53.9% |
| Other operating charges | 640/8 | €1,049 | €2,182 | +€1,133 | +108.0% |
| Gross operating margin | 9900 | €31,677 | €55,921 | +€24,245 | +76.5% |
| Operating profit (loss) | 9901 | €5,763 | €42,479 | +€36,716 | +637.1% |
| Financial income | 75/76B | €0 | €82 | +€82 | +40830.0% |
| Recurring financial income | 75 | €0 | €82 | +€82 | +40830.0% |
| Financial charges | 65/66B | €2,173 | €996 | -€1,177 | -54.2% |
| Recurring financial charges | 65 | €2,173 | €996 | -€1,177 | -54.2% |
| Profit (loss) for the period before taxes | 9903 | €3,590 | €41,565 | +€37,974 | +1057.7% |
| Income taxes | 67/77 | €1,052 | €8,775 | +€7,723 | +734.1% |
| Profit (loss) for the period | 9904 | €2,538 | €32,790 | +€30,252 | +1191.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,538 | €32,790 | +€30,252 | +1191.8% |
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 5 October 2026 via checked.be.