CLIMASS: 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.
CLIMASS
Largest movements
- Cash -€53,547
down €53,547 (-68.4%), from €78,232 to €24,685
mainly Debts after one year (-€102,702) and Contributions, distributions and other (-€36,000)
- Receivables within one year +€12,000
new in 2025: €12,000
- Debts after one year -€102,702
down €102,702 (-62.0%), from €165,523 to €62,820
- Reserves +€41,308
up €41,308 (+8.5%), from €488,574 to €529,882
- Financial income +€10,599
up €10,599 (+26.5%), from €40,025 to €50,624
- Gross operating margin -€7,736
down €7,736 (-10.4%), from €74,377 to €66,641
- Financial charges -€2,059
down €2,059 (-31.7%), from €6,494 to €4,435
- Taxes -€1,138
down €1,138 (-5.2%), from €21,802 to €20,664
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 | €746,072 | €698,658 | -€47,414 | -6.4% |
| Fixed assets | 21/28 | €665,430 | €659,111 | -€6,319 | -0.9% |
| Tangible fixed assets | 22/27 | €45,430 | €39,111 | -€6,319 | -13.9% |
| Plant, machinery and equipment | 23 | - | €5,865 | +€5,865 | |
| Furniture and vehicles | 24 | €45,430 | €33,246 | -€12,184 | -26.8% |
| Financial fixed assets | 28 | €620,000 | €620,000 | = | 0.0% |
| Current assets | 29/58 | €80,643 | €39,547 | -€41,095 | -51.0% |
| Amounts receivable within one year | 40/41 | - | €12,000 | +€12,000 | |
| Trade receivables | 40 | - | €12,000 | +€12,000 | |
| Cash at bank and in hand | 54/58 | €78,232 | €24,685 | -€53,547 | -68.4% |
| Deferred charges and accrued income | 490/1 | €2,410 | €2,862 | +€451 | +18.7% |
| Total equity and liabilities | 10/49 | €746,072 | €698,658 | -€47,414 | -6.4% |
| Equity | 10/15 | €508,574 | €549,882 | +€41,308 | +8.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €488,574 | €529,882 | +€41,308 | +8.5% |
| Distributable reserves | 133 | €488,574 | €529,882 | +€41,308 | +8.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €237,499 | €148,776 | -€88,722 | -37.4% |
| Amounts payable after more than one year | 17 | €165,523 | €62,820 | -€102,702 | -62.0% |
| Financial debts | 170/4 | €165,523 | €62,820 | -€102,702 | -62.0% |
| Amounts payable within one year | 42/48 | €70,335 | €85,112 | +€14,777 | +21.0% |
| Current portion of amounts payable after more than one year | 42 | €51,563 | €57,761 | +€6,198 | +12.0% |
| Trade debts | 44 | €5,689 | €9,421 | +€3,732 | +65.6% |
| Suppliers | 440/4 | €5,689 | €9,421 | +€3,732 | +65.6% |
| Taxes, remuneration and social security | 45 | €1,794 | €5,476 | +€3,682 | +205% |
| Taxes | 450/3 | €1,794 | €5,476 | +€3,682 | +205% |
| Other amounts payable | 47/48 | €11,288 | €12,454 | +€1,165 | +10.3% |
| Accrued charges and deferred income | 492/3 | €1,641 | €844 | -€797 | -48.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,946 | €12,282 | +€336 | +2.8% |
| Other operating charges | 640/8 | €871 | €1,064 | +€193 | +22.1% |
| Non-recurring operating charges | 66A | - | €1,513 | +€1,513 | |
| Gross operating margin | 9900 | €74,377 | €66,641 | -€7,736 | -10.4% |
| Operating profit (loss) | 9901 | €61,560 | €51,782 | -€9,778 | -15.9% |
| Financial income | 75/76B | €40,025 | €50,624 | +€10,599 | +26.5% |
| Recurring financial income | 75 | €40,025 | €50,624 | +€10,599 | +26.5% |
| Financial charges | 65/66B | €6,494 | €4,435 | -€2,059 | -31.7% |
| Recurring financial charges | 65 | €6,494 | €4,435 | -€2,059 | -31.7% |
| Profit (loss) for the period before taxes | 9903 | €95,091 | €97,972 | +€2,880 | +3.0% |
| Income taxes | 67/77 | €21,802 | €20,664 | -€1,138 | -5.2% |
| Profit (loss) for the period | 9904 | €73,290 | €77,308 | +€4,019 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €73,290 | €77,308 | +€4,019 | +5.5% |
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 28 October 2026 via checked.be.