ASPESLAGH-KLIMATEC: 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.
ASPESLAGH-KLIMATEC
Largest movements
- Cash -€77,306
down €77,306 (-60.4%), from €128,078 to €50,772
mainly Investment in fixed assets (net) (-€101,861) and Contributions, distributions and other (-€63,808)
- Tangible fixed assets +€71,224
up €71,224 (+46.8%), from €152,269 to €223,493
of which Furniture and vehicles: +€83,539
- Receivables within one year -€20,270
down €20,270 (-7.1%), from €284,986 to €264,716
of which Trade receivables: -€29,000
- Reserves -€26,422
down €26,422 (-5.3%), from €499,482 to €473,060
of which Distributable reserves: -€26,422
- Tax, wage and social debts -€16,529
down €16,529 (-67.6%), from €24,453 to €7,924
- Debts after one year +€10,429
up €10,429 (+5.8%), from €178,734 to €189,163
- Current portion of long-term debt +€9,909
up €9,909 (+33.8%), from €29,348 to €39,257
- Gross operating margin -€46,531
down €46,531 (-33.2%), from €140,151 to €93,620
- Taxes -€15,636
down €15,636 (-52.1%), from €30,020 to €14,384
- Depreciation +€7,841
up €7,841 (+34.4%), from €22,796 to €30,637
- Financial charges +€1,943
up €1,943 (+40.1%), from €4,841 to €6,784
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 | €752,718 | €726,366 | -€26,352 | -3.5% |
| Fixed assets | 21/28 | €339,654 | €410,878 | +€71,224 | +21.0% |
| Tangible fixed assets | 22/27 | €152,269 | €223,493 | +€71,224 | +46.8% |
| Land and buildings | 22 | €149,414 | €133,041 | -€16,373 | -11.0% |
| Plant, machinery and equipment | 23 | - | €4,059 | +€4,059 | |
| Furniture and vehicles | 24 | €2,855 | €86,394 | +€83,539 | +2,926% |
| Financial fixed assets | 28 | €187,385 | €187,385 | = | 0.0% |
| Current assets | 29/58 | €413,064 | €315,488 | -€97,576 | -23.6% |
| Amounts receivable within one year | 40/41 | €284,986 | €264,716 | -€20,270 | -7.1% |
| Trade receivables | 40 | €283,100 | €254,100 | -€29,000 | -10.2% |
| Other amounts receivable | 41 | €1,886 | €10,616 | +€8,730 | +463% |
| Cash at bank and in hand | 54/58 | €128,078 | €50,772 | -€77,306 | -60.4% |
| Total equity and liabilities | 10/49 | €752,718 | €726,366 | -€26,352 | -3.5% |
| Equity | 10/15 | €511,980 | €485,557 | -€26,422 | -5.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €499,482 | €473,060 | -€26,422 | -5.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €499,482 | €473,060 | -€26,422 | -5.3% |
| Profit (loss) carried forward | 14 | €97 | €97 | = | 0.0% |
| Amounts payable | 17/49 | €240,738 | €240,809 | +€71 | 0.0% |
| Amounts payable after more than one year | 17 | €178,734 | €189,163 | +€10,429 | +5.8% |
| Financial debts | 170/4 | €178,734 | €189,163 | +€10,429 | +5.8% |
| Amounts payable within one year | 42/48 | €54,005 | €50,623 | -€3,382 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €29,348 | €39,257 | +€9,909 | +33.8% |
| Trade debts | 44 | €204 | €3,091 | +€2,887 | +1,414% |
| Suppliers | 440/4 | €204 | €3,091 | +€2,887 | +1,414% |
| Taxes, remuneration and social security | 45 | €24,453 | €7,924 | -€16,529 | -67.6% |
| Taxes | 450/3 | €24,453 | €7,924 | -€16,529 | -67.6% |
| Other amounts payable | 47/48 | - | €352 | +€352 | |
| Accrued charges and deferred income | 492/3 | €8,000 | €1,023 | -€6,977 | -87.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,796 | €30,637 | +€7,841 | +34.4% |
| Other operating charges | 640/8 | €3,933 | €4,430 | +€497 | +12.6% |
| Gross operating margin | 9900 | €140,151 | €93,620 | -€46,531 | -33.2% |
| Operating profit (loss) | 9901 | €113,422 | €58,553 | -€54,869 | -48.4% |
| Financial charges | 65/66B | €4,841 | €6,784 | +€1,943 | +40.1% |
| Recurring financial charges | 65 | €4,841 | €6,784 | +€1,943 | +40.1% |
| Profit (loss) for the period before taxes | 9903 | €108,581 | €51,769 | -€56,811 | -52.3% |
| Income taxes | 67/77 | €30,020 | €14,384 | -€15,636 | -52.1% |
| Profit (loss) for the period | 9904 | €78,561 | €37,385 | -€41,175 | -52.4% |
| Profit (loss) for the period to be appropriated | 9905 | €78,561 | €37,385 | -€41,175 | -52.4% |
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 19 October 2026 via checked.be.