CLIMATRIX: 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.
What changed
CLIMATRIX
NACE 25.999, Manufacture of fabricated metal products, except machinery and equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€688,507
2024 · €911,908-€223,401
Equity
€2.2m
2024 · €1.8m+€388,507
Cash
€1.3m
2024 · €759,243+€508,542
Balance sheet total
€4.0m
2024 · €3.2m+€793,429
Largest movements
Assets
- Cash +€508,542
up €508,542 (+67.0%), from €759,243 to €1.3m
mainly Net result for the year (+€688,507) and Trade debts (+€535,760)
- Receivables within one year +€270,723
up €270,723 (+23.5%), from €1.2m to €1.4m
of which Trade receivables: +€338,581
- Tangible fixed assets -€91,246
down €91,246 (-42.7%), from €213,528 to €122,281
of which Land and buildings: -€50,645
- Intangible fixed assets +€89,655
up €89,655 (+69.7%), from €128,638 to €218,293
Equity and liabilities
- Trade debts +€535,760
up €535,760 (+189.2%), from €283,176 to €818,937
- Reserves +€388,507
up €388,507 (+25.5%), from €1.5m to €1.9m
of which Distributable reserves: +€388,507
- Other debts -€225,000
down €225,000 (-42.8%), from €525,587 to €300,587
- Debts after one year +€94,869
up €94,869 (+120.6%), from €78,636 to €173,506
Income statement
- Gross operating margin -€401,900
down €401,900 (-11.2%), from €3.6m to €3.2m
- Staff costs -€88,370
down €88,370 (-4.0%), from €2.2m to €2.1m
- Depreciation -€42,783
down €42,783 (-17.2%), from €248,717 to €205,933
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.
Result 2024
€911,908
Gross operating margin
-€401,900
Staff costs
+€88,370
Depreciation
+€42,783
Write-downs
+€2,590
Provisions
+€26,169
Other operating charges
+€17,258
Other operating items
-€261
Financial income
-€1,407
Financial charges
-€463
Taxes
+€3,460
Result 2025
€688,507
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.
From operations
+€874,831
Investment
-€204,343
Financing
-€161,946
Cash 2024
€759,243
From operations (derived)
+€874,831
Net result for the year
+€688,507
Depreciation
+€205,933
Stocks and contracts
+€2,983
Receivables within one year
-€270,723
Deferred charges and accrued income
-€18,738
Trade debts
+€535,760
Tax, wage and social debts
+€1,184
Advances received
-€28,516
Other debts
-€225,000
Accrued charges and deferred income
-€16,559
Investment (derived)
-€204,343
Investment in fixed assets (net)
-€204,343
Financing
-€161,946
Debts after one year
+€94,869
Current portion of long-term debt
+€9,985
Short-term financial debts
+€33,199
Contributions, distributions and other
-€300,000
Cash 2025
€1.3m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,192,220 | €3,985,649 | +€793,429 | +24.9% |
| Fixed assets | 21/28 | €342,415 | €340,825 | -€1,591 | -0.5% |
| Intangible fixed assets | 21 | €128,638 | €218,293 | +€89,655 | +69.7% |
| Tangible fixed assets | 22/27 | €213,528 | €122,281 | -€91,246 | -42.7% |
| Land and buildings | 22 | €50,645 | €0 | -€50,645 | -100.0% |
| Plant, machinery and equipment | 23 | €38,552 | €37,406 | -€1,146 | -3.0% |
| Furniture and vehicles | 24 | €124,330 | €84,876 | -€39,455 | -31.7% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €2,849,805 | €3,644,825 | +€795,020 | +27.9% |
| Stocks and contracts in progress | 3 | €893,824 | €890,841 | -€2,983 | -0.3% |
| Stocks | 30/36 | €893,824 | €890,841 | -€2,983 | -0.3% |
| Amounts receivable within one year | 40/41 | €1,150,118 | €1,420,841 | +€270,723 | +23.5% |
| Trade receivables | 40 | €1,042,019 | €1,380,600 | +€338,581 | +32.5% |
| Other amounts receivable | 41 | €108,099 | €40,241 | -€67,858 | -62.8% |
| Cash at bank and in hand | 54/58 | €759,243 | €1,267,785 | +€508,542 | +67.0% |
| Deferred charges and accrued income | 490/1 | €46,620 | €65,358 | +€18,738 | +40.2% |
| Total equity and liabilities | 10/49 | €3,192,220 | €3,985,649 | +€793,429 | +24.9% |
| Equity | 10/15 | €1,773,353 | €2,161,860 | +€388,507 | +21.9% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €1,523,353 | €1,911,860 | +€388,507 | +25.5% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €1,498,353 | €1,886,860 | +€388,507 | +25.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €26,169 | €26,169 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €26,169 | €26,169 | = | 0.0% |
| Other liabilities and charges | 164/5 | €26,169 | €26,169 | = | 0.0% |
| Amounts payable | 17/49 | €1,392,698 | €1,797,620 | +€404,922 | +29.1% |
| Amounts payable after more than one year | 17 | €78,636 | €173,506 | +€94,869 | +120.6% |
| Financial debts | 170/4 | €78,636 | €173,506 | +€94,869 | +120.6% |
| Amounts payable within one year | 42/48 | €1,193,884 | €1,520,496 | +€326,612 | +27.4% |
| Current portion of amounts payable after more than one year | 42 | €118,605 | €128,590 | +€9,985 | +8.4% |
| Financial debts | 43 | €23,334 | €56,533 | +€33,199 | +142.3% |
| Credit institutions | 430/8 | €23,334 | €56,533 | +€33,199 | +142.3% |
| Trade debts | 44 | €283,176 | €818,937 | +€535,760 | +189.2% |
| Suppliers | 440/4 | €283,176 | €818,937 | +€535,760 | +189.2% |
| Advances received on contracts in progress | 46 | €36,186 | €7,670 | -€28,516 | -78.8% |
| Taxes, remuneration and social security | 45 | €206,996 | €208,180 | +€1,184 | +0.6% |
| Taxes | 450/3 | €15,601 | €28,074 | +€12,473 | +79.9% |
| Remuneration and social security | 454/9 | €191,395 | €180,105 | -€11,290 | -5.9% |
| Other amounts payable | 47/48 | €525,587 | €300,587 | -€225,000 | -42.8% |
| Accrued charges and deferred income | 492/3 | €120,177 | €103,618 | -€16,559 | -13.8% |
| Non-recurring operating income | 76A | €10,302 | €7,595 | -€2,707 | -26.3% |
| Remuneration, social security and pensions | 62 | €2,186,623 | €2,098,253 | -€88,370 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €248,717 | €205,933 | -€42,783 | -17.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,123 | -€467 | -€2,590 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €26,169 | €0 | -€26,169 | -100.0% |
| Other operating charges | 640/8 | €60,753 | €43,495 | -€17,258 | -28.4% |
| Non-recurring operating charges | 66A | €500 | €761 | +€261 | +52.3% |
| Gross operating margin | 9900 | €3,575,690 | €3,173,790 | -€401,900 | -11.2% |
| Operating profit (loss) | 9901 | €1,050,805 | €825,815 | -€224,991 | -21.4% |
| Financial income | 75/76B | €83,176 | €81,769 | -€1,407 | -1.7% |
| Recurring financial income | 75 | €83,176 | €81,769 | -€1,407 | -1.7% |
| Financial charges | 65/66B | €81,706 | €82,169 | +€463 | +0.6% |
| Recurring financial charges | 65 | €81,706 | €82,169 | +€463 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €1,052,276 | €825,415 | -€226,861 | -21.6% |
| Income taxes | 67/77 | €140,368 | €136,908 | -€3,460 | -2.5% |
| Profit (loss) for the period | 9904 | €911,908 | €688,507 | -€223,401 | -24.5% |
| Profit (loss) for the period to be appropriated | 9905 | €911,908 | €688,507 | -€223,401 | -24.5% |
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 5 October 2026 via checked.be.