Climagroup Holding: 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
Climagroup Holding
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€3.6m
2024 · €22,724-€3.6m
Equity
€38.2m
2024 · €36.0m+€2.2m
Cash
€1.2m
2024 · €511,279+€706,222
Balance sheet total
€47.8m
2024 · €50.2m-€2.4m
Largest movements
Assets
- Receivables within one year -€3.8m
down €3.8m (-32.2%), from €11.8m to €8.0m
of which Trade receivables: -€3.5m
- Financial fixed assets +€1.3m
up €1.3m (+3.8%), from €34.6m to €35.9m
of which Affiliated companies: +€1.3m
- Cash +€706,222
up €706,222 (+138%), from €511,279 to €1.2m
mainly Contributions, distributions and other (+€5.8m) and Receivables within one year (+€3.8m)
- Tangible fixed assets -€648,326
down €648,326 (-40.1%), from €1.6m to €969,225
of which Furniture and vehicles: -€622,919
Equity and liabilities
- Contributions +€5.8m
up €5.8m (+16.6%), from €35.0m to €40.8m
- Profit (loss) carried forward -€3.6m
new in 2025: -€3.6m
- Other debts -€2.9m
down €2.9m (-52.9%), from €5.5m to €2.6m
- Debts after one year -€928,571
down €928,571 (-50.0%), from €1.9m to €928,574
Income statement
- Financial charges +€3.6m
up €3.6m (+557%), from €637,761 to €4.2m
of which Non-recurring financial charges: +€3.5m
- Services and other goods +€1.6m
up €1.6m (+30.4%), from €5.2m to €6.8m
- Turnover +€991,307
up €991,307 (+13.3%), from €7.5m to €8.5m
- Staff costs -€608,384
down €608,384 (-65.7%), from €926,659 to €318,274
- Financial income -€193,767
down €193,767 (-62.8%), from €308,384 to €114,617
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
€22,724
Turnover
+€991,307
Other operating income
-€39,921
Goods and materials
-€77,942
Services and other goods
-€1.6m
Staff costs
+€608,384
Depreciation
-€56,338
Write-downs
+€389
Other operating charges
+€7,755
Other operating items
+€259,858
Financial income
-€193,767
Financial charges
-€3.6m
Taxes
+€15,080
Result 2025
-€3.6m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€2.3m
Investment
-€1.4m
Financing
+€4.4m
Cash 2024
€511,279
From operations (derived)
-€2.3m
Net result for the year
-€3.6m
Depreciation
+€839,964
Receivables within one year
+€3.8m
Deferred charges and accrued income
-€199,900
Trade debts
+€73,542
Tax, wage and social debts
-€231,609
Other debts
-€2.9m
Accrued charges and deferred income
-€54,278
Investment (derived)
-€1.4m
Investment in fixed assets (net)
-€1.4m
Financing
+€4.4m
Debts after one year
-€928,571
Current portion of long-term debt
-€450,000
Short-term financial debts
-€49,943
Contributions, distributions and other
+€5.8m
Cash 2025
€1.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,165,793 | €47,802,087 | -€2.4m | -4.7% |
| Fixed assets | 21/28 | €37,662,215 | €38,179,798 | +€517,583 | +1.4% |
| Intangible fixed assets | 21 | €1,472,231 | €1,338,141 | -€134,091 | -9.1% |
| Tangible fixed assets | 22/27 | €1,617,551 | €969,225 | -€648,326 | -40.1% |
| Plant, machinery and equipment | 23 | €55,529 | €40,266 | -€15,263 | -27.5% |
| Furniture and vehicles | 24 | €1,473,068 | €850,149 | -€622,919 | -42.3% |
| Other tangible fixed assets | 26 | €88,953 | €78,809 | -€10,144 | -11.4% |
| Financial fixed assets | 28 | €34,572,433 | €35,872,433 | +€1.3m | +3.8% |
| Affiliated companies | 280/1 | €34,549,933 | €35,849,933 | +€1.3m | +3.8% |
| Participating interests | 280 | €34,549,933 | €35,849,933 | +€1.3m | +3.8% |
| Other financial fixed assets | 284/8 | €22,500 | €22,500 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €22,500 | €22,500 | = | 0.0% |
| Current assets | 29/58 | €12,503,578 | €9,622,289 | -€2.9m | -23.0% |
| Amounts receivable within one year | 40/41 | €11,755,937 | €7,968,526 | -€3.8m | -32.2% |
| Trade receivables | 40 | €3,516,778 | €16,911 | -€3.5m | -99.5% |
| Other amounts receivable | 41 | €8,239,159 | €7,951,615 | -€287,545 | -3.5% |
| Cash at bank and in hand | 54/58 | €511,279 | €1,217,501 | +€706,222 | +138% |
| Deferred charges and accrued income | 490/1 | €236,362 | €436,261 | +€199,900 | +84.6% |
| Total equity and liabilities | 10/49 | €50,165,793 | €47,802,087 | -€2.4m | -4.7% |
| Equity | 10/15 | €36,007,290 | €38,204,973 | +€2.2m | +6.1% |
| Contributions | 10/11 | €35,000,000 | €40,800,000 | +€5.8m | +16.6% |
| Reserves | 13 | €1,007,290 | €1,007,290 | = | 0.0% |
| Distributable reserves | 133 | €1,007,290 | €1,007,290 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,602,318 | -€3.6m | |
| Amounts payable | 17/49 | €14,158,502 | €9,597,114 | -€4.6m | -32.2% |
| Amounts payable after more than one year | 17 | €1,857,145 | €928,574 | -€928,571 | -50.0% |
| Financial debts | 170/4 | €1,857,145 | €928,574 | -€928,571 | -50.0% |
| Credit institutions | 173 | €1,857,145 | €928,574 | -€928,571 | -50.0% |
| Amounts payable within one year | 42/48 | €12,238,398 | €8,659,858 | -€3.6m | -29.2% |
| Current portion of amounts payable after more than one year | 42 | €1,378,571 | €928,571 | -€450,000 | -32.6% |
| Financial debts | 43 | €4,349,943 | €4,300,000 | -€49,943 | -1.1% |
| Credit institutions | 430/8 | €4,349,943 | €4,300,000 | -€49,943 | -1.1% |
| Trade debts | 44 | €754,330 | €827,872 | +€73,542 | +9.7% |
| Suppliers | 440/4 | €754,330 | €827,872 | +€73,542 | +9.7% |
| Taxes, remuneration and social security | 45 | €232,472 | €864 | -€231,609 | -99.6% |
| Taxes | 450/3 | €32,005 | €864 | -€31,141 | -97.3% |
| Remuneration and social security | 454/9 | €200,468 | - | -€200,468 | |
| Other amounts payable | 47/48 | €5,523,081 | €2,602,551 | -€2.9m | -52.9% |
| Accrued charges and deferred income | 492/3 | €62,960 | €8,682 | -€54,278 | -86.2% |
| Operating income | 70/76A | €7,692,621 | €8,685,989 | +€993,368 | +12.9% |
| Turnover | 70 | €7,465,854 | €8,457,160 | +€991,307 | +13.3% |
| Other operating income | 74 | €207,410 | €167,489 | -€39,921 | -19.2% |
| Non-recurring operating income | 76A | €19,358 | €61,340 | +€41,982 | +217% |
| Operating charges | 60/66A | €7,331,589 | €8,216,772 | +€885,183 | +12.1% |
| Goods for resale, raw materials and consumables | 60 | €50,271 | €128,212 | +€77,942 | +155% |
| Purchases | 600/8 | €50,271 | €128,212 | +€77,942 | +155% |
| Services and other goods | 61 | €5,220,746 | €6,806,054 | +€1.6m | +30.4% |
| Remuneration, social security and pensions | 62 | €926,659 | €318,274 | -€608,384 | -65.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €783,626 | €839,964 | +€56,338 | +7.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €572 | €183 | -€389 | -68.0% |
| Other operating charges | 640/8 | €58,961 | €51,205 | -€7,755 | -13.2% |
| Non-recurring operating charges | 66A | €290,755 | €72,879 | -€217,876 | -74.9% |
| Operating profit (loss) | 9901 | €361,032 | €469,217 | +€108,184 | +30.0% |
| Financial income | 75/76B | €308,384 | €114,617 | -€193,767 | -62.8% |
| Recurring financial income | 75 | €308,384 | €114,617 | -€193,767 | -62.8% |
| Income from current assets | 751 | €308,384 | €114,617 | -€193,767 | -62.8% |
| Financial charges | 65/66B | €637,761 | €4,192,299 | +€3.6m | +557% |
| Recurring financial charges | 65 | €637,761 | €692,299 | +€54,538 | +8.6% |
| Debt charges | 650 | €620,491 | €671,043 | +€50,552 | +8.1% |
| Other financial charges | 652/9 | €17,269 | €21,256 | +€3,987 | +23.1% |
| Non-recurring financial charges | 66B | - | €3,500,000 | +€3.5m | |
| Profit (loss) for the period before taxes | 9903 | €31,656 | -€3,608,465 | -€3.6m | |
| Income taxes | 67/77 | €8,932 | -€6,148 | -€15,080 | |
| Taxes | 670/3 | €8,932 | €1,978 | -€6,954 | -77.9% |
| Tax adjustments and reversals of tax provisions | 77 | - | €8,126 | +€8,126 | |
| Profit (loss) for the period | 9904 | €22,724 | -€3,602,318 | -€3.6m | |
| Profit (loss) for the period to be appropriated | 9905 | €22,724 | -€3,602,318 | -€3.6m |
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 28 October 2026 via checked.be.