CLIMAT CONCEPT: 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.
CLIMAT CONCEPT
Largest movements
- Current investments -€44,804
down €44,804 (-49.4%), from €90,757 to €45,953
- Receivables within one year +€40,801
up €40,801 (+73.8%), from €55,277 to €96,079
of which Trade receivables: +€28,147
- Tangible fixed assets -€30,917
down €30,917 (-10.2%), from €303,062 to €272,145
of which Land and buildings: -€29,652
- Cash +€22,538
up €22,538 (+24.6%), from €91,742 to €114,280
mainly Current investments (+€44,804) and Advances received (+€34,767)
- Advances received +€34,767
up €34,767 (+134%), from €25,911 to €60,679
- Debts after one year -€33,533
down €33,533 (-12.0%), from €278,958 to €245,425
- Trade debts -€26,588
down €26,588 (-33.1%), from €80,233 to €53,644
- Reserves +€22,554
up €22,554 (+24.1%), from €93,646 to €116,199
- Current portion of long-term debt -€14,594
down €14,594 (-22.9%), from €63,867 to €49,273
- Gross operating margin +€21,094
up €21,094 (+11.7%), from €180,353 to €201,447
- Taxes +€13,693
up €13,693 (+1,373%), from €997 to €14,690
- Staff costs -€11,310
down €11,310 (-9.3%), from €121,327 to €110,016
- Depreciation +€2,810
up €2,810 (+9.1%), from €31,027 to €33,837
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 | €585,857 | €573,175 | -€12,682 | -2.2% |
| Fixed assets | 21/28 | €303,112 | €272,195 | -€30,917 | -10.2% |
| Tangible fixed assets | 22/27 | €303,062 | €272,145 | -€30,917 | -10.2% |
| Land and buildings | 22 | €292,097 | €262,445 | -€29,652 | -10.2% |
| Plant, machinery and equipment | 23 | €2,822 | €2,176 | -€646 | -22.9% |
| Furniture and vehicles | 24 | €7,687 | €7,118 | -€570 | -7.4% |
| Other tangible fixed assets | 26 | €456 | €406 | -€50 | -10.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €282,745 | €300,980 | +€18,235 | +6.4% |
| Stocks and contracts in progress | 3 | €38,780 | €37,340 | -€1,440 | -3.7% |
| Stocks | 30/36 | €38,780 | €37,340 | -€1,440 | -3.7% |
| Amounts receivable within one year | 40/41 | €55,277 | €96,079 | +€40,801 | +73.8% |
| Trade receivables | 40 | €40,097 | €68,244 | +€28,147 | +70.2% |
| Other amounts receivable | 41 | €15,180 | €27,835 | +€12,655 | +83.4% |
| Current investments | 50/53 | €90,757 | €45,953 | -€44,804 | -49.4% |
| Cash at bank and in hand | 54/58 | €91,742 | €114,280 | +€22,538 | +24.6% |
| Deferred charges and accrued income | 490/1 | €6,189 | €7,328 | +€1,140 | +18.4% |
| Total equity and liabilities | 10/49 | €585,857 | €573,175 | -€12,682 | -2.2% |
| Equity | 10/15 | €111,746 | €134,299 | +€22,554 | +20.2% |
| Contributions | 10/11 | €18,100 | €18,100 | = | 0.0% |
| Reserves | 13 | €93,646 | €116,199 | +€22,554 | +24.1% |
| Distributable reserves | 133 | €93,646 | €116,199 | +€22,554 | +24.1% |
| Amounts payable | 17/49 | €474,112 | €438,876 | -€35,236 | -7.4% |
| Amounts payable after more than one year | 17 | €278,958 | €245,425 | -€33,533 | -12.0% |
| Financial debts | 170/4 | €278,958 | €245,425 | -€33,533 | -12.0% |
| Amounts payable within one year | 42/48 | €190,768 | €189,920 | -€848 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €63,867 | €49,273 | -€14,594 | -22.9% |
| Trade debts | 44 | €80,233 | €53,644 | -€26,588 | -33.1% |
| Suppliers | 440/4 | €80,233 | €53,644 | -€26,588 | -33.1% |
| Advances received on contracts in progress | 46 | €25,911 | €60,679 | +€34,767 | +134% |
| Taxes, remuneration and social security | 45 | €13,758 | €26,325 | +€12,567 | +91.3% |
| Taxes | 450/3 | €4,361 | €17,357 | +€12,996 | +298% |
| Remuneration and social security | 454/9 | €9,397 | €8,967 | -€429 | -4.6% |
| Other amounts payable | 47/48 | €7,000 | - | -€7,000 | |
| Accrued charges and deferred income | 492/3 | €4,385 | €3,531 | -€855 | -19.5% |
| Non-recurring operating income | 76A | €3,828 | €7,341 | +€3,512 | +91.7% |
| Remuneration, social security and pensions | 62 | €121,327 | €110,016 | -€11,310 | -9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,027 | €33,837 | +€2,810 | +9.1% |
| Other operating charges | 640/8 | €8,202 | €9,815 | +€1,613 | +19.7% |
| Non-recurring operating charges | 66A | €864 | €516 | -€348 | -40.3% |
| Gross operating margin | 9900 | €180,353 | €201,447 | +€21,094 | +11.7% |
| Operating profit (loss) | 9901 | €18,934 | €47,263 | +€28,329 | +150% |
| Financial income | 75/76B | €1,686 | €994 | -€692 | -41.0% |
| Recurring financial income | 75 | €1,686 | €994 | -€692 | -41.0% |
| Financial charges | 65/66B | €11,129 | €11,013 | -€116 | -1.0% |
| Recurring financial charges | 65 | €10,045 | €8,997 | -€1,048 | -10.4% |
| Non-recurring financial charges | 66B | €1,083 | €2,016 | +€933 | +86.1% |
| Profit (loss) for the period before taxes | 9903 | €9,491 | €37,244 | +€27,753 | +292% |
| Income taxes | 67/77 | €997 | €14,690 | +€13,693 | +1,373% |
| Profit (loss) for the period | 9904 | €8,494 | €22,554 | +€14,060 | +166% |
| Profit (loss) for the period to be appropriated | 9905 | €8,494 | €22,554 | +€14,060 | +166% |
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 23 October 2026 via checked.be.