CLIMATRONIC: 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.
CLIMATRONIC
Largest movements
- Tangible fixed assets +€507,850
up €507,850 (+61.4%), from €827,588 to €1.3m
of which Land and buildings: +€527,391
- Receivables within one year -€70,110
down €70,110 (-39.5%), from €177,652 to €107,542
of which Trade receivables: -€113,852
- Cash +€33,829
up €33,829 (+12.1%), from €280,520 to €314,349
mainly Debts after one year (+€266,386) and Depreciation (+€212,419)
- Debts after one year +€266,386
up €266,386 (+52.7%), from €505,633 to €772,018
of which Financial debts: +€270,736
- Reserves +€149,664
up €149,664 (+18.4%), from €811,974 to €961,638
- Current portion of long-term debt +€41,580
up €41,580 (+69.4%), from €59,913 to €101,493
- Depreciation +€122,651
up €122,651 (+137%), from €89,768 to €212,419
- Gross operating margin +€76,763
up €76,763 (+12.2%), from €626,935 to €703,698
- Staff costs +€25,660
up €25,660 (+10.6%), from €242,033 to €267,693
- Taxes -€21,594
down €21,594 (-32.7%), from €66,136 to €44,542
- Financial charges +€8,726
up €8,726 (+62.1%), from €14,060 to €22,787
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 | €1,421,955 | €1,893,466 | +€471,511 | +33.2% |
| Fixed assets | 21/28 | €840,088 | €1,337,753 | +€497,665 | +59.2% |
| Intangible fixed assets | 21 | €12,500 | €0 | -€12,500 | -100% |
| Tangible fixed assets | 22/27 | €827,588 | €1,335,438 | +€507,850 | +61.4% |
| Land and buildings | 22 | €761,742 | €1,289,133 | +€527,391 | +69.2% |
| Plant, machinery and equipment | 23 | €47,070 | €36,798 | -€10,273 | -21.8% |
| Furniture and vehicles | 24 | €18,776 | €9,507 | -€9,269 | -49.4% |
| Financial fixed assets | 28 | - | €2,315 | +€2,315 | |
| Current assets | 29/58 | €581,867 | €555,713 | -€26,154 | -4.5% |
| Stocks and contracts in progress | 3 | €123,695 | €133,822 | +€10,127 | +8.2% |
| Stocks | 30/36 | €123,695 | €133,822 | +€10,127 | +8.2% |
| Amounts receivable within one year | 40/41 | €177,652 | €107,542 | -€70,110 | -39.5% |
| Trade receivables | 40 | €166,850 | €52,997 | -€113,852 | -68.2% |
| Other amounts receivable | 41 | €10,802 | €54,544 | +€43,743 | +405% |
| Cash at bank and in hand | 54/58 | €280,520 | €314,349 | +€33,829 | +12.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,421,955 | €1,893,466 | +€471,511 | +33.2% |
| Equity | 10/15 | €830,574 | €980,238 | +€149,664 | +18.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €811,974 | €961,638 | +€149,664 | +18.4% |
| Distributable reserves | 133 | €811,974 | €961,638 | +€149,664 | +18.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €591,381 | €913,228 | +€321,847 | +54.4% |
| Amounts payable after more than one year | 17 | €505,633 | €772,018 | +€266,386 | +52.7% |
| Financial debts | 170/4 | €501,282 | €772,018 | +€270,736 | +54.0% |
| Other amounts payable | 178/9 | €4,351 | €0 | -€4,351 | -100% |
| Amounts payable within one year | 42/48 | €81,527 | €141,147 | +€59,619 | +73.1% |
| Current portion of amounts payable after more than one year | 42 | €59,913 | €101,493 | +€41,580 | +69.4% |
| Trade debts | 44 | €1,061 | €9,348 | +€8,287 | +781% |
| Suppliers | 440/4 | €1,061 | €9,348 | +€8,287 | +781% |
| Taxes, remuneration and social security | 45 | €16,168 | €17,869 | +€1,701 | +10.5% |
| Taxes | 450/3 | €104 | €0 | -€104 | -100% |
| Remuneration and social security | 454/9 | €16,064 | €17,869 | +€1,805 | +11.2% |
| Other amounts payable | 47/48 | €4,386 | €12,437 | +€8,051 | +184% |
| Accrued charges and deferred income | 492/3 | €4,221 | €63 | -€4,158 | -98.5% |
| Remuneration, social security and pensions | 62 | €242,033 | €267,693 | +€25,660 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,768 | €212,419 | +€122,651 | +137% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€8,049 | €0 | +€8,049 | |
| Other operating charges | 640/8 | €8,432 | €6,624 | -€1,808 | -21.4% |
| Gross operating margin | 9900 | €626,935 | €703,698 | +€76,763 | +12.2% |
| Operating profit (loss) | 9901 | €294,751 | €216,962 | -€77,789 | -26.4% |
| Financial income | 75/76B | €2,451 | €31 | -€2,420 | -98.7% |
| Recurring financial income | 75 | €2,451 | €31 | -€2,420 | -98.7% |
| Financial charges | 65/66B | €14,060 | €22,787 | +€8,726 | +62.1% |
| Recurring financial charges | 65 | €14,060 | €22,787 | +€8,726 | +62.1% |
| Profit (loss) for the period before taxes | 9903 | €283,142 | €194,206 | -€88,936 | -31.4% |
| Income taxes | 67/77 | €66,136 | €44,542 | -€21,594 | -32.7% |
| Profit (loss) for the period | 9904 | €217,005 | €149,664 | -€67,341 | -31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €217,005 | €149,664 | -€67,341 | -31.0% |
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 20 October 2026 via checked.be.