CLIMARTEL: 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.
CLIMARTEL
Largest movements
- Cash +€35,861
up €35,861 (+166%), from €21,542 to €57,403
mainly Other debts (+€58,182) and Receivables within one year (+€31,896)
- Receivables within one year -€31,896
down €31,896 (-40.4%), from €78,915 to €47,019
of which Trade receivables: -€23,665
- Tangible fixed assets +€4,864
up €4,864 (+52.8%), from €9,220 to €14,084
of which Furniture and vehicles: +€6,168
- Other debts +€58,182
new in 2025: €58,182
- Reserves -€38,724
down €38,724 (-64.9%), from €59,628 to €20,904
- Trade debts -€22,739
down €22,739 (-53.2%), from €42,747 to €20,008
- Tax, wage and social debts +€17,113
new in 2025: €17,113
of which Taxes: +€17,063
- Advances received -€5,002
down €5,002 (-100%), from €5,002 to €0
- Gross operating margin +€17,598
up €17,598 (+67.5%), from €26,079 to €43,677
- Taxes +€3,793
up €3,793 (+63.7%), from €5,955 to €9,748
- Financial income -€1,556
down €1,556 (-56.6%), from €2,747 to €1,192
of which Non-recurring financial income: -€1,555
- Depreciation +€1,458
up €1,458 (+51.2%), from €2,847 to €4,304
- Financial charges -€1,046
down €1,046 (-68.9%), from €1,518 to €471
of which Non-recurring financial charges: -€962
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 | €110,377 | €119,207 | +€8,830 | +8.0% |
| Fixed assets | 21/28 | €9,920 | €14,784 | +€4,864 | +49.0% |
| Tangible fixed assets | 22/27 | €9,220 | €14,084 | +€4,864 | +52.8% |
| Plant, machinery and equipment | 23 | €4,647 | €3,344 | -€1,303 | -28.0% |
| Furniture and vehicles | 24 | €4,573 | €10,741 | +€6,168 | +135% |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €100,457 | €104,422 | +€3,965 | +3.9% |
| Amounts receivable within one year | 40/41 | €78,915 | €47,019 | -€31,896 | -40.4% |
| Trade receivables | 40 | €45,924 | €22,260 | -€23,665 | -51.5% |
| Other amounts receivable | 41 | €32,990 | €24,759 | -€8,231 | -25.0% |
| Cash at bank and in hand | 54/58 | €21,542 | €57,403 | +€35,861 | +166% |
| Total equity and liabilities | 10/49 | €110,377 | €119,207 | +€8,830 | +8.0% |
| Equity | 10/15 | €62,628 | €23,904 | -€38,724 | -61.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €59,628 | €20,904 | -€38,724 | -64.9% |
| Distributable reserves | 133 | €59,628 | €20,904 | -€38,724 | -64.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €47,749 | €95,303 | +€47,554 | +99.6% |
| Amounts payable within one year | 42/48 | €47,749 | €95,303 | +€47,554 | +99.6% |
| Trade debts | 44 | €42,747 | €20,008 | -€22,739 | -53.2% |
| Suppliers | 440/4 | €42,747 | €20,008 | -€22,739 | -53.2% |
| Advances received on contracts in progress | 46 | €5,002 | €0 | -€5,002 | -100% |
| Taxes, remuneration and social security | 45 | - | €17,113 | +€17,113 | |
| Taxes | 450/3 | - | €17,063 | +€17,063 | |
| Remuneration and social security | 454/9 | - | €50 | +€50 | |
| Other amounts payable | 47/48 | - | €58,182 | +€58,182 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,847 | €4,304 | +€1,458 | +51.2% |
| Other operating charges | 640/8 | €687 | €619 | -€68 | -9.9% |
| Gross operating margin | 9900 | €26,079 | €43,677 | +€17,598 | +67.5% |
| Operating profit (loss) | 9901 | €22,546 | €38,754 | +€16,208 | +71.9% |
| Financial income | 75/76B | €2,747 | €1,192 | -€1,556 | -56.6% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -45.8% |
| Non-recurring financial income | 76B | €2,747 | €1,191 | -€1,555 | -56.6% |
| Financial charges | 65/66B | €1,518 | €471 | -€1,046 | -68.9% |
| Recurring financial charges | 65 | €399 | €316 | -€84 | -21.0% |
| Non-recurring financial charges | 66B | €1,118 | €156 | -€962 | -86.1% |
| Profit (loss) for the period before taxes | 9903 | €23,776 | €39,474 | +€15,699 | +66.0% |
| Income taxes | 67/77 | €5,955 | €9,748 | +€3,793 | +63.7% |
| Profit (loss) for the period | 9904 | €17,820 | €29,726 | +€11,906 | +66.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,820 | €29,726 | +€11,906 | +66.8% |
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 16 October 2026 via checked.be.