CLIMATEC: 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.
CLIMATEC
Largest movements
- Tangible fixed assets -€16,079
down €16,079 (-14.2%), from €112,875 to €96,795
of which Land and buildings: -€10,554
- Cash +€4,889
up €4,889 (+5.4%), from €89,954 to €94,843
mainly Depreciation (+€12,255) and Other debts (+€12,175)
- Deferred charges and accrued income +€2,559
up €2,559 (+155%), from €1,649 to €4,208
- Reserves -€105,739
down €105,739 (-47.8%), from €221,338 to €115,599
of which Distributable reserves: -€105,739
- Profit (loss) carried forward +€98,842
no longer reported in 2025 (was -€98,842)
- Debts after one year -€15,000
down €15,000 (-76.5%), from €19,600 to €4,600
of which Financial debts: -€15,000
- Other debts +€12,175
new in 2025: €12,175
- Gross operating margin -€5,555
down €5,555 (-19.4%), from €28,684 to €23,129
- Financial income -€3,780
down €3,780 (-98.3%), from €3,844 to €64
- Other operating charges +€1,331
up €1,331 (+10.7%), from €12,494 to €13,825
- Depreciation -€766
down €766 (-5.9%), from €13,021 to €12,255
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 | €206,536 | €198,256 | -€8,280 | -4.0% |
| Fixed assets | 21/28 | €112,875 | €96,795 | -€16,079 | -14.2% |
| Tangible fixed assets | 22/27 | €112,875 | €96,795 | -€16,079 | -14.2% |
| Land and buildings | 22 | €102,544 | €91,990 | -€10,554 | -10.3% |
| Plant, machinery and equipment | 23 | €2,210 | €451 | -€1,759 | -79.6% |
| Furniture and vehicles | 24 | €8,120 | €4,354 | -€3,766 | -46.4% |
| Current assets | 29/58 | €93,662 | €101,461 | +€7,799 | +8.3% |
| Amounts receivable within one year | 40/41 | €2,059 | €2,410 | +€351 | +17.0% |
| Trade receivables | 40 | €1,370 | €2,410 | +€1,040 | +75.9% |
| Other amounts receivable | 41 | €689 | - | -€689 | |
| Cash at bank and in hand | 54/58 | €89,954 | €94,843 | +€4,889 | +5.4% |
| Deferred charges and accrued income | 490/1 | €1,649 | €4,208 | +€2,559 | +155% |
| Total equity and liabilities | 10/49 | €206,536 | €198,256 | -€8,280 | -4.0% |
| Equity | 10/15 | €184,996 | €178,099 | -€6,897 | -3.7% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €221,338 | €115,599 | -€105,739 | -47.8% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €208,891 | €103,152 | -€105,739 | -50.6% |
| Profit (loss) carried forward | 14 | -€98,842 | - | +€98,842 | |
| Amounts payable | 17/49 | €21,540 | €20,157 | -€1,383 | -6.4% |
| Amounts payable after more than one year | 17 | €19,600 | €4,600 | -€15,000 | -76.5% |
| Financial debts | 170/4 | €15,000 | - | -€15,000 | |
| Other amounts payable | 178/9 | €4,600 | €4,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,435 | €15,052 | +€13,617 | +949% |
| Trade debts | 44 | €372 | €2,215 | +€1,843 | +496% |
| Suppliers | 440/4 | €372 | €2,215 | +€1,843 | +496% |
| Advances received on contracts in progress | 46 | €702 | €522 | -€180 | -25.7% |
| Taxes, remuneration and social security | 45 | €361 | €141 | -€220 | -61.0% |
| Taxes | 450/3 | €361 | €141 | -€220 | -61.0% |
| Other amounts payable | 47/48 | - | €12,175 | +€12,175 | |
| Accrued charges and deferred income | 492/3 | €505 | €505 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,021 | €12,255 | -€766 | -5.9% |
| Other operating charges | 640/8 | €12,494 | €13,825 | +€1,331 | +10.7% |
| Non-recurring operating charges | 66A | - | €3,824 | +€3,824 | |
| Gross operating margin | 9900 | €28,684 | €23,129 | -€5,555 | -19.4% |
| Operating profit (loss) | 9901 | €3,168 | -€6,775 | -€9,943 | |
| Financial income | 75/76B | €3,844 | €64 | -€3,780 | -98.3% |
| Recurring financial income | 75 | €3,844 | €64 | -€3,780 | -98.3% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €6,967 | -€6,756 | -€13,723 | |
| Income taxes | 67/77 | €361 | €141 | -€220 | -61.0% |
| Profit (loss) for the period | 9904 | €6,606 | -€6,897 | -€13,503 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,606 | -€6,897 | -€13,503 |
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.