CLIMA-CONFORT: 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.
What changed
CLIMA-CONFORT
NACE 61.100, Wired, wireless and satellite telecommunications
financial year 2023 compared with 2022filed annual accounts (NBB)
Net result for the year
€62,970
2022 · €132,166-€69,197
Equity
€434,237
2022 · €385,268+€48,970
Cash
€96,004
2022 · €88,352+€7,652
Balance sheet total
€774,985
2022 · €821,021-€46,036
Largest movements
Assets
- Tangible fixed assets -€33,395
down €33,395 (-6.1%), from €547,004 to €513,609
of which Land and buildings: -€34,725
- Receivables within one year -€29,801
down €29,801 (-24.6%), from €121,001 to €91,200
of which Other amounts receivable: -€59,678
- Stocks and contracts +€13,127
up €13,127 (+57.5%), from €22,847 to €35,974
Equity and liabilities
- Reserves +€46,470
up €46,470 (+12.9%), from €360,268 to €406,737
of which Distributable reserves: +€53,610
- Other debts -€42,700
down €42,700 (-81.3%), from €52,500 to €9,800
- Trade debts -€33,953
down €33,953 (-56.0%), from €60,670 to €26,716
- Debts after one year -€26,324
down €26,324 (-11.7%), from €225,182 to €198,858
of which Financial debts: -€26,324
- Advances received +€14,135
up €14,135 (+47.7%), from €29,645 to €43,780
Income statement
- Staff costs +€39,279
new in 2023: €39,279
- Gross operating margin -€25,943
down €25,943 (-12.4%), from €208,727 to €182,783
- Taxes +€2,701
up €2,701 (+904%), from €299 to €3,000
From the 2022 result to the 2023 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.
Result 2022
€132,166
Gross operating margin
-€25,943
Staff costs
-€39,279
Depreciation
+€902
Other operating charges
-€1,077
Other operating items
-€2,206
Financial charges
+€1,109
Taxes
-€2,701
Result 2023
€62,970
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€68,218
Investment
-€20,969
Financing
-€39,597
Cash 2022
€88,352
From operations (derived)
+€68,218
Net result for the year
+€62,970
Depreciation
+€57,386
Stocks and contracts
-€13,127
Receivables within one year
+€29,801
Deferred charges and accrued income
+€597
Provisions
-€2,389
Trade debts
-€33,953
Tax, wage and social debts
-€4,501
Advances received
+€14,135
Other debts
-€42,700
Investment (derived)
-€20,969
Investment in fixed assets (net)
-€20,969
Financing
-€39,597
Debts after one year
-€26,324
Current portion of long-term debt
+€727
Contributions, distributions and other
-€14,000
Cash 2023
€96,004
brings cash intakes cash out
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €821,021 | €774,985 | -€46,036 | -5.6% |
| Fixed assets | 21/28 | €588,224 | €551,807 | -€36,417 | -6.2% |
| Intangible fixed assets | 21 | €41,220 | €37,916 | -€3,304 | -8.0% |
| Tangible fixed assets | 22/27 | €547,004 | €513,609 | -€33,395 | -6.1% |
| Land and buildings | 22 | €495,551 | €460,826 | -€34,725 | -7.0% |
| Plant, machinery and equipment | 23 | €23,966 | €16,503 | -€7,462 | -31.1% |
| Furniture and vehicles | 24 | €27,487 | €36,280 | +€8,793 | +32.0% |
| Financial fixed assets | 28 | - | €282 | +€282 | |
| Current assets | 29/58 | €232,797 | €223,178 | -€9,619 | -4.1% |
| Stocks and contracts in progress | 3 | €22,847 | €35,974 | +€13,127 | +57.5% |
| Stocks | 30/36 | €22,847 | €35,974 | +€13,127 | +57.5% |
| Amounts receivable within one year | 40/41 | €121,001 | €91,200 | -€29,801 | -24.6% |
| Trade receivables | 40 | €52,818 | €82,695 | +€29,877 | +56.6% |
| Other amounts receivable | 41 | €68,183 | €8,505 | -€59,678 | -87.5% |
| Cash at bank and in hand | 54/58 | €88,352 | €96,004 | +€7,652 | +8.7% |
| Deferred charges and accrued income | 490/1 | €597 | - | -€597 | |
| Total equity and liabilities | 10/49 | €821,021 | €774,985 | -€46,036 | -5.6% |
| Equity | 10/15 | €385,268 | €434,237 | +€48,970 | +12.7% |
| Contributions | 10/11 | €25,000 | €27,500 | +€2,500 | +10.0% |
| Capital | 10 | €25,000 | - | -€25,000 | |
| Issued capital | 100 | €25,000 | - | -€25,000 | |
| Contributions outside capital | 11 | - | €27,500 | +€27,500 | |
| Other | 1109/19 | - | €27,500 | +€27,500 | |
| Reserves | 13 | €360,268 | €406,737 | +€46,470 | +12.9% |
| Non-distributable reserves | 130/1 | €2,500 | - | -€2,500 | |
| Legal reserve | 130 | €2,500 | - | -€2,500 | |
| Tax-exempt reserves | 132 | €39,745 | €35,105 | -€4,640 | -11.7% |
| Distributable reserves | 133 | €318,022 | €371,632 | +€53,610 | +16.9% |
| Provisions and deferred taxes | 16 | €20,466 | €18,076 | -€2,389 | -11.7% |
| Deferred taxes | 168 | €20,466 | €18,076 | -€2,389 | -11.7% |
| Amounts payable | 17/49 | €415,287 | €322,671 | -€92,616 | -22.3% |
| Amounts payable after more than one year | 17 | €225,182 | €198,858 | -€26,324 | -11.7% |
| Financial debts | 170/4 | €214,382 | €188,058 | -€26,324 | -12.3% |
| Other amounts payable | 178/9 | €10,800 | €10,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €190,105 | €123,813 | -€66,292 | -34.9% |
| Current portion of amounts payable after more than one year | 42 | €25,597 | €26,324 | +€727 | +2.8% |
| Trade debts | 44 | €60,670 | €26,716 | -€33,953 | -56.0% |
| Suppliers | 440/4 | €60,670 | €26,716 | -€33,953 | -56.0% |
| Advances received on contracts in progress | 46 | €29,645 | €43,780 | +€14,135 | +47.7% |
| Taxes, remuneration and social security | 45 | €21,694 | €17,193 | -€4,501 | -20.7% |
| Taxes | 450/3 | €21,694 | €13,290 | -€8,404 | -38.7% |
| Remuneration and social security | 454/9 | - | €3,903 | +€3,903 | |
| Other amounts payable | 47/48 | €52,500 | €9,800 | -€42,700 | -81.3% |
| Non-recurring operating income | 76A | €138 | €323 | +€184 | +133% |
| Remuneration, social security and pensions | 62 | - | €39,279 | +€39,279 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,288 | €57,386 | -€902 | -1.5% |
| Other operating charges | 640/8 | €12,980 | €14,057 | +€1,077 | +8.3% |
| Non-recurring operating charges | 66A | €20 | €2,226 | +€2,206 | +10,998% |
| Gross operating margin | 9900 | €208,727 | €182,783 | -€25,943 | -12.4% |
| Operating profit (loss) | 9901 | €137,439 | €69,835 | -€67,605 | -49.2% |
| Financial charges | 65/66B | €7,363 | €6,254 | -€1,109 | -15.1% |
| Recurring financial charges | 65 | €6,865 | €5,959 | -€906 | -13.2% |
| Non-recurring financial charges | 66B | €498 | €295 | -€203 | -40.8% |
| Profit (loss) for the period before taxes | 9903 | €130,076 | €63,580 | -€66,496 | -51.1% |
| Transfer from deferred taxes | 780 | €2,389 | €2,389 | = | 0.0% |
| Income taxes | 67/77 | €299 | €3,000 | +€2,701 | +904% |
| Profit (loss) for the period | 9904 | €132,166 | €62,970 | -€69,197 | -52.4% |
| Transfer from tax-exempt reserves | 789 | €4,640 | €4,640 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €136,807 | €67,610 | -€69,197 | -50.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.