CLIMATHO: what changed
What changed
CLIMATHO
NACE 43.221, Plumbing work
filed annual accounts (NBB)
Net result for the year
€31,642
2024 · -€9,994+€41,636
Equity
€81,097
2024 · €79,455+€1,642
Cash
€29,990
2024 · €24,238+€5,752
Balance sheet total
€109,750
2024 · €104,151+€5,599
Largest movements
Assets
- Cash +€5,752
up €5,752 (+23.7%), from €24,238 to €29,990
mainly Net result for the year (+€31,642) and Depreciation (+€9,680)
- Stocks and contracts -€2,750
down €2,750 (-14.5%), from €18,979 to €16,229
- Receivables within one year +€2,449
up €2,449 (+18.3%), from €13,359 to €15,808
of which Trade receivables: +€2,103
Equity and liabilities
- Profit (loss) carried forward +€9,994
up €9,994, from -€9,994 to €0
- Trade debts +€8,544
up €8,544 (+182%), from €4,703 to €13,247
- Reserves -€8,352
down €8,352 (-10.5%), from €79,449 to €71,097
- Other debts -€6,159
down €6,159 (-92.1%), from €6,686 to €528
- Debts after one year +€1,511
up €1,511 (+42.7%), from €3,542 to €5,053
Income statement
- Gross operating margin +€47,154
up €47,154 (+1,092%), from €4,318 to €51,472
- Taxes +€9,607
up €9,607 (+2,388%), from €402 to €10,009
- Financial income +€2,281
up €2,281 (+212%), from €1,075 to €3,357
- Depreciation -€1,798
down €1,798 (-15.7%), from €11,478 to €9,680
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€9,994
Gross operating margin
+€47,154
Depreciation
+€1,798
Other operating charges
+€70
Financial income
+€2,281
Financial charges
-€61
Taxes
-€9,607
Result 2025
€31,642
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€44,827
Investment
-€9,293
Financing
-€29,782
Cash 2024
€24,238
From operations (derived)
+€44,827
Net result for the year
+€31,642
Depreciation
+€9,680
Stocks and contracts
+€2,750
Receivables within one year
-€2,449
Deferred charges and accrued income
-€535
Trade debts
+€8,544
Tax, wage and social debts
+€1,323
Other debts
-€6,159
Accrued charges and deferred income
+€31
Investment (derived)
-€9,293
Investment in fixed assets (net)
-€9,293
Financing
-€29,782
Debts after one year
+€1,511
Current portion of long-term debt
-€1,293
Contributions, distributions and other
-€30,000
Cash 2025
€29,990
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,151 | €109,750 | +€5,599 | +5.4% |
| Fixed assets | 21/28 | €14,596 | €14,209 | -€387 | -2.7% |
| Tangible fixed assets | 22/27 | €14,596 | €14,209 | -€387 | -2.7% |
| Plant, machinery and equipment | 23 | €2,598 | €3,052 | +€454 | +17.5% |
| Furniture and vehicles | 24 | €1,483 | €7,386 | +€5,903 | +398% |
| Leasing and similar rights | 25 | €10,515 | €3,771 | -€6,745 | -64.1% |
| Current assets | 29/58 | €89,554 | €95,541 | +€5,986 | +6.7% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €18,979 | €16,229 | -€2,750 | -14.5% |
| Stocks | 30/36 | €18,979 | €16,229 | -€2,750 | -14.5% |
| Amounts receivable within one year | 40/41 | €13,359 | €15,808 | +€2,449 | +18.3% |
| Trade receivables | 40 | €9,745 | €11,847 | +€2,103 | +21.6% |
| Other amounts receivable | 41 | €3,614 | €3,961 | +€346 | +9.6% |
| Cash at bank and in hand | 54/58 | €24,238 | €29,990 | +€5,752 | +23.7% |
| Deferred charges and accrued income | 490/1 | €2,978 | €3,514 | +€535 | +18.0% |
| Total equity and liabilities | 10/49 | €104,151 | €109,750 | +€5,599 | +5.4% |
| Equity | 10/15 | €79,455 | €81,097 | +€1,642 | +2.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €79,449 | €71,097 | -€8,352 | -10.5% |
| Distributable reserves | 133 | €79,449 | €71,097 | -€8,352 | -10.5% |
| Profit (loss) carried forward | 14 | -€9,994 | €0 | +€9,994 | |
| Amounts payable | 17/49 | €24,695 | €28,653 | +€3,957 | +16.0% |
| Amounts payable after more than one year | 17 | €3,542 | €5,053 | +€1,511 | +42.7% |
| Financial debts | 170/4 | €3,542 | €5,053 | +€1,511 | +42.7% |
| Amounts payable within one year | 42/48 | €21,153 | €23,568 | +€2,415 | +11.4% |
| Current portion of amounts payable after more than one year | 42 | €6,509 | €5,215 | -€1,293 | -19.9% |
| Trade debts | 44 | €4,703 | €13,247 | +€8,544 | +182% |
| Suppliers | 440/4 | €4,703 | €13,247 | +€8,544 | +182% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €3,255 | €4,578 | +€1,323 | +40.6% |
| Taxes | 450/3 | €3,255 | €728 | -€2,527 | -77.6% |
| Remuneration and social security | 454/9 | - | €3,850 | +€3,850 | |
| Other amounts payable | 47/48 | €6,686 | €528 | -€6,159 | -92.1% |
| Accrued charges and deferred income | 492/3 | €0 | €31 | +€31 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,478 | €9,680 | -€1,798 | -15.7% |
| Other operating charges | 640/8 | €2,641 | €2,572 | -€70 | -2.6% |
| Gross operating margin | 9900 | €4,318 | €51,472 | +€47,154 | +1,092% |
| Operating profit (loss) | 9901 | -€9,801 | €39,221 | +€49,022 | |
| Financial income | 75/76B | €1,075 | €3,357 | +€2,281 | +212% |
| Recurring financial income | 75 | €1,075 | €3,357 | +€2,281 | +212% |
| Financial charges | 65/66B | €866 | €927 | +€61 | +7.1% |
| Recurring financial charges | 65 | €866 | €927 | +€61 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,591 | €41,651 | +€51,242 | |
| Income taxes | 67/77 | €402 | €10,009 | +€9,607 | +2,388% |
| Profit (loss) for the period | 9904 | -€9,994 | €31,642 | +€41,636 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,994 | €31,642 | +€41,636 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.