CLIMAIR: 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.
CLIMAIR
Largest movements
- Cash +€57,618
up €57,618 (+197%), from €29,293 to €86,912
mainly Receivables within one year (+€53,601) and Depreciation (+€32,710)
- Receivables within one year -€53,601
down €53,601 (-24.7%), from €217,209 to €163,608
of which Trade receivables: -€53,415
- Stocks and contracts -€6,411
down €6,411 (-7.3%), from €87,459 to €81,049
- Tangible fixed assets -€5,943
down €5,943 (-5.5%), from €108,627 to €102,684
of which Plant, machinery and equipment: -€3,588
- Trade debts -€14,153
down €14,153 (-10.9%), from €129,481 to €115,328
- Debts after one year -€9,827
down €9,827 (-13.5%), from €73,006 to €63,180
- Current portion of long-term debt +€7,159
up €7,159 (+26.3%), from €27,175 to €34,334
- Reserves +€6,500
up €6,500 (+15.3%), from €42,359 to €48,859
- Gross operating margin -€80,248
down €80,248 (-12.0%), from €669,888 to €589,640
- Staff costs -€70,877
down €70,877 (-11.6%), from €609,343 to €538,466
- Financial charges -€10,981
down €10,981 (-56.6%), from €19,402 to €8,421
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 | €451,752 | €444,705 | -€7,047 | -1.6% |
| Fixed assets | 21/28 | €108,677 | €102,734 | -€5,943 | -5.5% |
| Tangible fixed assets | 22/27 | €108,627 | €102,684 | -€5,943 | -5.5% |
| Land and buildings | 22 | €14,987 | €12,208 | -€2,779 | -18.5% |
| Plant, machinery and equipment | 23 | €6,728 | €3,140 | -€3,588 | -53.3% |
| Furniture and vehicles | 24 | €86,912 | €87,336 | +€424 | +0.5% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €343,075 | €341,971 | -€1,104 | -0.3% |
| Amounts receivable after more than one year | 29 | €4,139 | €4,389 | +€250 | +6.0% |
| Other amounts receivable | 291 | €4,139 | €4,389 | +€250 | +6.0% |
| Stocks and contracts in progress | 3 | €87,459 | €81,049 | -€6,411 | -7.3% |
| Stocks | 30/36 | €87,459 | €81,049 | -€6,411 | -7.3% |
| Amounts receivable within one year | 40/41 | €217,209 | €163,608 | -€53,601 | -24.7% |
| Trade receivables | 40 | €202,581 | €149,167 | -€53,415 | -26.4% |
| Other amounts receivable | 41 | €14,627 | €14,441 | -€186 | -1.3% |
| Cash at bank and in hand | 54/58 | €29,293 | €86,912 | +€57,618 | +197% |
| Deferred charges and accrued income | 490/1 | €4,975 | €6,014 | +€1,039 | +20.9% |
| Total equity and liabilities | 10/49 | €451,752 | €444,705 | -€7,047 | -1.6% |
| Equity | 10/15 | €154,398 | €161,135 | +€6,736 | +4.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €42,359 | €48,859 | +€6,500 | +15.3% |
| Distributable reserves | 133 | €42,359 | €48,859 | +€6,500 | +15.3% |
| Profit (loss) carried forward | 14 | €93,447 | €93,684 | +€236 | +0.3% |
| Amounts payable | 17/49 | €297,354 | €283,570 | -€13,784 | -4.6% |
| Amounts payable after more than one year | 17 | €73,006 | €63,180 | -€9,827 | -13.5% |
| Financial debts | 170/4 | €73,006 | €63,180 | -€9,827 | -13.5% |
| Amounts payable within one year | 42/48 | €221,633 | €216,181 | -€5,453 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €27,175 | €34,334 | +€7,159 | +26.3% |
| Trade debts | 44 | €129,481 | €115,328 | -€14,153 | -10.9% |
| Suppliers | 440/4 | €129,481 | €115,328 | -€14,153 | -10.9% |
| Taxes, remuneration and social security | 45 | €58,448 | €60,659 | +€2,211 | +3.8% |
| Taxes | 450/3 | €11,155 | €12,378 | +€1,223 | +11.0% |
| Remuneration and social security | 454/9 | €47,293 | €48,281 | +€988 | +2.1% |
| Other amounts payable | 47/48 | €6,530 | €5,860 | -€669 | -10.3% |
| Accrued charges and deferred income | 492/3 | €2,714 | €4,209 | +€1,495 | +55.1% |
| Remuneration, social security and pensions | 62 | €609,343 | €538,466 | -€70,877 | -11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,962 | €32,710 | -€5,252 | -13.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€697 | -€697 | |
| Other operating charges | 640/8 | €1,741 | €1,682 | -€59 | -3.4% |
| Gross operating margin | 9900 | €669,888 | €589,640 | -€80,248 | -12.0% |
| Operating profit (loss) | 9901 | €20,841 | €17,478 | -€3,363 | -16.1% |
| Financial income | 75/76B | €2,360 | €2,201 | -€159 | -6.7% |
| Recurring financial income | 75 | €2,360 | €2,201 | -€159 | -6.7% |
| Financial charges | 65/66B | €19,402 | €8,421 | -€10,981 | -56.6% |
| Recurring financial charges | 65 | €19,402 | €8,421 | -€10,981 | -56.6% |
| Profit (loss) for the period before taxes | 9903 | €3,799 | €11,258 | +€7,459 | +196% |
| Income taxes | 67/77 | €2,709 | €4,521 | +€1,812 | +66.9% |
| Profit (loss) for the period | 9904 | €1,090 | €6,736 | +€5,646 | +518% |
| Profit (loss) for the period to be appropriated | 9905 | €1,090 | €6,736 | +€5,646 | +518% |
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.