CLIMATEX: what changed
Two fiscal 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.
CLIMATEX
Largest movements
- Cash +€59,361
up €59,361 (+82.3%), from €72,129 to €131,490
mainly Net result for the year (+€42,536) and Receivables within one year (+€29,753)
- Receivables within one year -€29,753
down €29,753 (-72.8%), from €40,878 to €11,125
of which Trade receivables: -€24,544
- Other debts +€20,558
up €20,558 (+213.6%), from €9,626 to €30,184
- Reserves +€19,221
up €19,221 (+12.3%), from €156,089 to €175,310
of which Distributable reserves: +€19,221
- Current portion of long-term debt -€8,036
down €8,036 (-77.1%), from €10,417 to €2,381
- Gross operating margin +€36,850
up €36,850 (+107.8%), from €34,183 to €71,033
- Taxes +€10,950
up €10,950 (+187.2%), from €5,850 to €16,800
- Depreciation -€3,445
down €3,445 (-27.0%), from €12,772 to €9,327
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.
Cash bridge derived
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 | €286,821 | €316,546 | +€29,725 | +10.4% |
| Fixed assets | 21/28 | €120,944 | €120,060 | -€885 | -0.7% |
| Tangible fixed assets | 22/27 | €120,689 | €119,805 | -€885 | -0.7% |
| Land and buildings | 22 | €114,082 | €109,249 | -€4,833 | -4.2% |
| Plant, machinery and equipment | 23 | €2,263 | €4,842 | +€2,579 | +114.0% |
| Furniture and vehicles | 24 | €4,344 | €5,714 | +€1,370 | +31.5% |
| Financial fixed assets | 28 | €255 | €255 | = | 0.0% |
| Current assets | 29/58 | €165,877 | €196,486 | +€30,609 | +18.5% |
| Amounts receivable within one year | 40/41 | €40,878 | €11,125 | -€29,753 | -72.8% |
| Trade receivables | 40 | €35,322 | €10,778 | -€24,544 | -69.5% |
| Other amounts receivable | 41 | €5,556 | €347 | -€5,210 | -93.8% |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €72,129 | €131,490 | +€59,361 | +82.3% |
| Deferred charges and accrued income | 490/1 | €2,870 | €3,872 | +€1,002 | +34.9% |
| Total equity and liabilities | 10/49 | €286,821 | €316,546 | +€29,725 | +10.4% |
| Equity | 10/15 | €248,405 | €267,625 | +€19,221 | +7.7% |
| Contributions | 10/11 | €92,316 | €92,316 | = | 0.0% |
| Capital | 10 | €92,316 | €92,316 | = | 0.0% |
| Issued capital | 100 | €92,316 | €92,316 | = | 0.0% |
| Reserves | 13 | €156,089 | €175,310 | +€19,221 | +12.3% |
| Non-distributable reserves | 130/1 | €9,232 | €9,232 | = | 0.0% |
| Legal reserve | 130 | €9,232 | €9,232 | = | 0.0% |
| Distributable reserves | 133 | €146,858 | €166,078 | +€19,221 | +13.1% |
| Amounts payable | 17/49 | €38,417 | €48,921 | +€10,504 | +27.3% |
| Amounts payable after more than one year | 17 | €2,381 | - | -€2,381 | |
| Financial debts | 170/4 | €2,381 | - | -€2,381 | |
| Amounts payable within one year | 42/48 | €36,036 | €48,921 | +€12,885 | +35.8% |
| Current portion of amounts payable after more than one year | 42 | €10,417 | €2,381 | -€8,036 | -77.1% |
| Trade debts | 44 | €752 | €3,038 | +€2,286 | +304.1% |
| Suppliers | 440/4 | €752 | €3,038 | +€2,286 | +304.1% |
| Taxes, remuneration and social security | 45 | €15,241 | €13,318 | -€1,923 | -12.6% |
| Taxes | 450/3 | €15,241 | €13,318 | -€1,923 | -12.6% |
| Other amounts payable | 47/48 | €9,626 | €30,184 | +€20,558 | +213.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,772 | €9,327 | -€3,445 | -27.0% |
| Other operating charges | 640/8 | €1,558 | €2,185 | +€627 | +40.3% |
| Gross operating margin | 9900 | €34,183 | €71,033 | +€36,850 | +107.8% |
| Operating profit (loss) | 9901 | €19,853 | €59,521 | +€39,668 | +199.8% |
| Financial income | 75/76B | €165 | €275 | +€110 | +66.8% |
| Recurring financial income | 75 | €165 | €275 | +€110 | +66.8% |
| Financial charges | 65/66B | €591 | €460 | -€131 | -22.1% |
| Recurring financial charges | 65 | €591 | €460 | -€131 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €19,427 | €59,336 | +€39,908 | +205.4% |
| Income taxes | 67/77 | €5,850 | €16,800 | +€10,950 | +187.2% |
| Profit (loss) for the period | 9904 | €13,577 | €42,536 | +€28,958 | +213.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,577 | €42,536 | +€28,958 | +213.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.