CLIMAPAC: 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.
CLIMAPAC
Largest movements
- Receivables within one year +€377,313
up €377,313 (+38.0%), from €994,046 to €1.4m
of which Trade receivables: +€374,860
- Stocks and contracts -€336,805
down €336,805 (-44.2%), from €762,158 to €425,353
of which Stocks: -€278,553
- Cash +€272,131
up €272,131 (+62.0%), from €439,079 to €711,211
mainly Net result for the year (+€367,509) and Stocks and contracts (+€336,805)
- Tangible fixed assets +€57,090
up €57,090 (+191%), from €29,822 to €86,912
of which Leasing and similar rights: +€69,537
- Trade debts +€252,210
up €252,210 (+37.6%), from €671,434 to €923,644
- Reserves +€197,509
up €197,509 (+21.8%), from €906,810 to €1.1m
- Debts after one year -€73,178
down €73,178 (-29.2%), from €250,800 to €177,622
- Tax, wage and social debts -€68,034
down €68,034 (-21.1%), from €322,272 to €254,238
of which Taxes: -€52,484
- Other debts +€55,383
up €55,383 (+1,042%), from €5,313 to €60,696
- Gross operating margin +€176,955
up €176,955 (+17.9%), from €989,750 to €1.2m
- Staff costs +€60,632
up €60,632 (+10.4%), from €581,690 to €642,322
- Taxes +€15,271
up €15,271 (+15.7%), from €97,383 to €112,654
- Financial charges -€13,136
down €13,136 (-21.0%), from €62,424 to €49,288
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 | €2,233,702 | €2,601,393 | +€367,691 | +16.5% |
| Fixed assets | 21/28 | €37,260 | €89,800 | +€52,540 | +141% |
| Intangible fixed assets | 21 | €7,438 | €2,838 | -€4,600 | -61.8% |
| Tangible fixed assets | 22/27 | €29,822 | €86,912 | +€57,090 | +191% |
| Furniture and vehicles | 24 | €27,686 | €14,218 | -€13,468 | -48.6% |
| Leasing and similar rights | 25 | - | €69,537 | +€69,537 | |
| Other tangible fixed assets | 26 | €2,136 | €3,157 | +€1,021 | +47.8% |
| Financial fixed assets | 28 | - | €50 | +€50 | |
| Current assets | 29/58 | €2,196,442 | €2,511,593 | +€315,151 | +14.3% |
| Stocks and contracts in progress | 3 | €762,158 | €425,353 | -€336,805 | -44.2% |
| Stocks | 30/36 | €703,906 | €425,353 | -€278,553 | -39.6% |
| Contracts in progress | 37 | €58,252 | €0 | -€58,252 | -100% |
| Amounts receivable within one year | 40/41 | €994,046 | €1,371,359 | +€377,313 | +38.0% |
| Trade receivables | 40 | €988,592 | €1,363,453 | +€374,860 | +37.9% |
| Other amounts receivable | 41 | €5,453 | €7,906 | +€2,453 | +45.0% |
| Cash at bank and in hand | 54/58 | €439,079 | €711,211 | +€272,131 | +62.0% |
| Deferred charges and accrued income | 490/1 | €1,159 | €3,671 | +€2,512 | +217% |
| Total equity and liabilities | 10/49 | €2,233,702 | €2,601,393 | +€367,691 | +16.5% |
| Equity | 10/15 | €926,810 | €1,124,319 | +€197,509 | +21.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €906,810 | €1,104,319 | +€197,509 | +21.8% |
| Distributable reserves | 133 | €906,810 | €1,104,319 | +€197,509 | +21.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,306,892 | €1,477,074 | +€170,182 | +13.0% |
| Amounts payable after more than one year | 17 | €250,800 | €177,622 | -€73,178 | -29.2% |
| Financial debts | 170/4 | €250,800 | €177,622 | -€73,178 | -29.2% |
| Amounts payable within one year | 42/48 | €1,056,092 | €1,291,452 | +€235,360 | +22.3% |
| Current portion of amounts payable after more than one year | 42 | €57,073 | €52,874 | -€4,198 | -7.4% |
| Trade debts | 44 | €671,434 | €923,644 | +€252,210 | +37.6% |
| Suppliers | 440/4 | €671,434 | €923,644 | +€252,210 | +37.6% |
| Taxes, remuneration and social security | 45 | €322,272 | €254,238 | -€68,034 | -21.1% |
| Taxes | 450/3 | €233,165 | €180,681 | -€52,484 | -22.5% |
| Remuneration and social security | 454/9 | €89,107 | €73,556 | -€15,551 | -17.5% |
| Other amounts payable | 47/48 | €5,313 | €60,696 | +€55,383 | +1,042% |
| Accrued charges and deferred income | 492/3 | - | €8,000 | +€8,000 | |
| Remuneration, social security and pensions | 62 | €581,690 | €642,322 | +€60,632 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,534 | €29,786 | +€7,252 | +32.2% |
| Other operating charges | 640/8 | €4,661 | €4,490 | -€171 | -3.7% |
| Non-recurring operating charges | 66A | - | €208 | +€208 | |
| Gross operating margin | 9900 | €989,750 | €1,166,706 | +€176,955 | +17.9% |
| Operating profit (loss) | 9901 | €380,866 | €489,900 | +€109,034 | +28.6% |
| Financial income | 75/76B | €48,534 | €39,552 | -€8,982 | -18.5% |
| Recurring financial income | 75 | €48,534 | €39,552 | -€8,982 | -18.5% |
| Financial charges | 65/66B | €62,424 | €49,288 | -€13,136 | -21.0% |
| Recurring financial charges | 65 | €62,424 | €49,288 | -€13,136 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €366,975 | €480,163 | +€113,188 | +30.8% |
| Income taxes | 67/77 | €97,383 | €112,654 | +€15,271 | +15.7% |
| Profit (loss) for the period | 9904 | €269,592 | €367,509 | +€97,917 | +36.3% |
| Profit (loss) for the period to be appropriated | 9905 | €269,592 | €367,509 | +€97,917 | +36.3% |
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 14 October 2026 via checked.be.