ClimaBaert: 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.
ClimaBaert
Largest movements
- Cash +€44,340
up €44,340 (+137%), from €32,254 to €76,593
mainly Net result for the year (+€49,882) and Depreciation (+€9,320)
- Tangible fixed assets -€9,593
down €9,593 (-53.6%), from €17,909 to €8,316
- Receivables within one year +€8,481
up €8,481 (+2.1%), from €401,473 to €409,954
of which Other amounts receivable: +€9,104
- Reserves +€49,882
up €49,882 (+13.4%), from €371,064 to €420,946
- Current portion of long-term debt -€10,760
down €10,760 (-100%), from €10,760 to €0
- Tax, wage and social debts +€7,016
up €7,016 (+54.5%), from €12,883 to €19,899
- Gross operating margin -€40,968
down €40,968 (-40.4%), from €101,435 to €60,467
- Taxes -€3,744
down €3,744 (-15.4%), from €24,312 to €20,569
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.
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 | €453,555 | €498,286 | +€44,731 | +9.9% |
| Fixed assets | 21/28 | €17,909 | €8,316 | -€9,593 | -53.6% |
| Tangible fixed assets | 22/27 | €17,909 | €8,316 | -€9,593 | -53.6% |
| Furniture and vehicles | 24 | €17,909 | €8,316 | -€9,593 | -53.6% |
| Current assets | 29/58 | €435,646 | €489,970 | +€54,324 | +12.5% |
| Amounts receivable within one year | 40/41 | €401,473 | €409,954 | +€8,481 | +2.1% |
| Trade receivables | 40 | €16,953 | €16,330 | -€623 | -3.7% |
| Other amounts receivable | 41 | €384,520 | €393,624 | +€9,104 | +2.4% |
| Cash at bank and in hand | 54/58 | €32,254 | €76,593 | +€44,340 | +137% |
| Deferred charges and accrued income | 490/1 | €1,919 | €3,423 | +€1,503 | +78.3% |
| Total equity and liabilities | 10/49 | €453,555 | €498,286 | +€44,731 | +9.9% |
| Equity | 10/15 | €389,664 | €439,546 | +€49,882 | +12.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €371,064 | €420,946 | +€49,882 | +13.4% |
| Distributable reserves | 133 | €371,064 | €420,946 | +€49,882 | +13.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €63,890 | €58,740 | -€5,150 | -8.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €59,419 | €55,261 | -€4,158 | -7.0% |
| Current portion of amounts payable after more than one year | 42 | €10,760 | €0 | -€10,760 | -100% |
| Trade debts | 44 | €1,736 | €951 | -€785 | -45.2% |
| Suppliers | 440/4 | €1,736 | €951 | -€785 | -45.2% |
| Taxes, remuneration and social security | 45 | €12,883 | €19,899 | +€7,016 | +54.5% |
| Taxes | 450/3 | €12,883 | €19,899 | +€7,016 | +54.5% |
| Other amounts payable | 47/48 | €34,040 | €34,411 | +€370 | +1.1% |
| Accrued charges and deferred income | 492/3 | €4,471 | €3,479 | -€992 | -22.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,061 | €9,320 | -€741 | -7.4% |
| Other operating charges | 640/8 | €1,308 | €1,070 | -€238 | -18.2% |
| Non-recurring operating charges | 66A | - | €273 | +€273 | |
| Gross operating margin | 9900 | €101,435 | €60,467 | -€40,968 | -40.4% |
| Operating profit (loss) | 9901 | €90,066 | €49,805 | -€40,262 | -44.7% |
| Financial income | 75/76B | €26,668 | €26,423 | -€245 | -0.9% |
| Recurring financial income | 75 | €26,668 | €26,423 | -€245 | -0.9% |
| Financial charges | 65/66B | €5,602 | €5,777 | +€175 | +3.1% |
| Recurring financial charges | 65 | €5,602 | €5,777 | +€175 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €111,132 | €70,450 | -€40,682 | -36.6% |
| Income taxes | 67/77 | €24,312 | €20,569 | -€3,744 | -15.4% |
| Profit (loss) for the period | 9904 | €86,820 | €49,882 | -€36,939 | -42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €86,820 | €49,882 | -€36,939 | -42.5% |
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 15 October 2026 via checked.be.