Climacon: 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
Climacon
NACE 46.649, Wholesale of other machinery and equipment
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€120,549
2024 · €50,432+€70,117
Equity
€1.1m
2024 · €1.1m+€32,562
Cash
€90,565
2024 · €96,952-€6,387
Balance sheet total
€4.7m
2024 · €5.1m-€344,249
Largest movements
Assets
- Stocks and contracts -€257,699
down €257,699 (-19.0%), from €1.4m to €1.1m
- Tangible fixed assets -€179,519
down €179,519 (-6.6%), from €2.7m to €2.5m
of which Land and buildings: -€101,958
- Receivables within one year +€100,648
up €100,648 (+11.1%), from €908,330 to €1.0m
Equity and liabilities
- Trade debts -€268,801
down €268,801 (-32.2%), from €834,943 to €566,142
- Debts after one year -€133,850
down €133,850 (-6.8%), from €2.0m to €1.8m
- Tax, wage and social debts +€63,445
up €63,445 (+23.8%), from €266,711 to €330,156
of which Taxes: +€70,285
Income statement
- Write-downs -€320,547
down €320,547, from €210,219 to -€110,329
- Gross operating margin -€198,418
down €198,418 (-12.4%), from €1.6m to €1.4m
- Staff costs +€86,160
up €86,160 (+9.4%), from €914,888 to €1.0m
- Financial charges -€57,118
down €57,118 (-35.6%), from €160,464 to €103,346
- Taxes +€41,468
up €41,468 (+98.9%), from €41,926 to €83,394
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.
Result 2024
€50,432
Gross operating margin
-€198,418
Staff costs
-€86,160
Depreciation
+€14,047
Write-downs
+€320,547
Other operating charges
+€23,622
Other operating items
-€13,764
Financial income
-€5,408
Financial charges
+€57,118
Taxes
-€41,468
Result 2025
€120,549
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.
From operations
+€212,237
Investment
+€6,845
Financing
-€225,469
Cash 2024
€96,952
From operations (derived)
+€212,237
Net result for the year
+€120,549
Depreciation
+€174,174
Stocks and contracts
+€257,699
Receivables within one year
-€100,648
Deferred charges and accrued income
-€208
Provisions
-€3,693
Trade debts
-€268,801
Tax, wage and social debts
+€63,445
Accrued charges and deferred income
-€30,279
Investment (derived)
+€6,845
Investment in fixed assets (net)
+€6,845
Financing
-€225,469
Debts after one year
-€133,850
Current portion of long-term debt
-€3,632
Contributions, distributions and other
-€87,986
Cash 2025
€90,565
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,088,439 | €4,744,191 | -€344,249 | -6.8% |
| Fixed assets | 21/28 | €2,709,884 | €2,528,865 | -€181,019 | -6.7% |
| Intangible fixed assets | 21 | €6,820 | €5,320 | -€1,500 | -22.0% |
| Tangible fixed assets | 22/27 | €2,703,065 | €2,523,545 | -€179,519 | -6.6% |
| Land and buildings | 22 | €2,490,792 | €2,388,834 | -€101,958 | -4.1% |
| Plant, machinery and equipment | 23 | €36,995 | €19,833 | -€17,162 | -46.4% |
| Furniture and vehicles | 24 | €175,277 | €93,123 | -€82,155 | -46.9% |
| Leasing and similar rights | 25 | - | €21,755 | +€21,755 | |
| Current assets | 29/58 | €2,378,555 | €2,215,326 | -€163,229 | -6.9% |
| Stocks and contracts in progress | 3 | €1,358,844 | €1,101,145 | -€257,699 | -19.0% |
| Stocks | 30/36 | €1,358,844 | €1,101,145 | -€257,699 | -19.0% |
| Amounts receivable within one year | 40/41 | €908,330 | €1,008,978 | +€100,648 | +11.1% |
| Trade receivables | 40 | €908,330 | €1,008,978 | +€100,648 | +11.1% |
| Cash at bank and in hand | 54/58 | €96,952 | €90,565 | -€6,387 | -6.6% |
| Deferred charges and accrued income | 490/1 | €14,429 | €14,637 | +€208 | +1.4% |
| Total equity and liabilities | 10/49 | €5,088,439 | €4,744,191 | -€344,249 | -6.8% |
| Equity | 10/15 | €1,058,634 | €1,091,196 | +€32,562 | +3.1% |
| Contributions | 10/11 | €74,000 | €74,000 | = | 0.0% |
| Capital | 10 | €74,000 | €74,000 | = | 0.0% |
| Issued capital | 100 | €74,000 | €74,000 | = | 0.0% |
| Reserves | 13 | €984,634 | €1,017,196 | +€32,562 | +3.3% |
| Non-distributable reserves | 130/1 | €7,400 | €7,400 | = | 0.0% |
| Legal reserve | 130 | €7,400 | €7,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €206,516 | €195,436 | -€11,080 | -5.4% |
| Distributable reserves | 133 | €770,718 | €814,360 | +€43,642 | +5.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €68,839 | €65,145 | -€3,693 | -5.4% |
| Deferred taxes | 168 | €68,839 | €65,145 | -€3,693 | -5.4% |
| Amounts payable | 17/49 | €3,960,967 | €3,587,849 | -€373,118 | -9.4% |
| Amounts payable after more than one year | 17 | €1,956,354 | €1,822,503 | -€133,850 | -6.8% |
| Financial debts | 170/4 | €1,956,354 | €1,822,503 | -€133,850 | -6.8% |
| Amounts payable within one year | 42/48 | €1,935,188 | €1,726,199 | -€208,989 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €136,783 | €133,151 | -€3,632 | -2.7% |
| Financial debts | 43 | €696,750 | €696,750 | = | 0.0% |
| Credit institutions | 430/8 | €696,750 | €696,750 | = | 0.0% |
| Trade debts | 44 | €834,943 | €566,142 | -€268,801 | -32.2% |
| Suppliers | 440/4 | €834,943 | €566,142 | -€268,801 | -32.2% |
| Taxes, remuneration and social security | 45 | €266,711 | €330,156 | +€63,445 | +23.8% |
| Taxes | 450/3 | €108,000 | €178,285 | +€70,285 | +65.1% |
| Remuneration and social security | 454/9 | €158,712 | €151,872 | -€6,840 | -4.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €69,425 | €39,147 | -€30,279 | -43.6% |
| Remuneration, social security and pensions | 62 | €914,888 | €1,001,048 | +€86,160 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188,222 | €174,174 | -€14,047 | -7.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €210,219 | -€110,329 | -€320,547 | |
| Other operating charges | 640/8 | €43,373 | €19,751 | -€23,622 | -54.5% |
| Non-recurring operating charges | 66A | - | €13,764 | +€13,764 | |
| Gross operating margin | 9900 | €1,599,141 | €1,400,723 | -€198,418 | -12.4% |
| Operating profit (loss) | 9901 | €242,439 | €302,314 | +€59,875 | +24.7% |
| Financial income | 75/76B | €6,689 | €1,281 | -€5,408 | -80.8% |
| Recurring financial income | 75 | €6,689 | €1,281 | -€5,408 | -80.8% |
| Financial charges | 65/66B | €160,464 | €103,346 | -€57,118 | -35.6% |
| Recurring financial charges | 65 | €160,464 | €103,346 | -€57,118 | -35.6% |
| Profit (loss) for the period before taxes | 9903 | €88,665 | €200,249 | +€111,585 | +125.9% |
| Transfer from deferred taxes | 780 | €3,693 | €3,693 | = | 0.0% |
| Income taxes | 67/77 | €41,926 | €83,394 | +€41,468 | +98.9% |
| Profit (loss) for the period | 9904 | €50,432 | €120,549 | +€70,117 | +139.0% |
| Transfer from tax-exempt reserves | 789 | €11,080 | €11,080 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €61,512 | €131,629 | +€70,117 | +114.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.