CLIMAVENT: 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.
CLIMAVENT
Largest movements
- Receivables within one year +€125,169
up €125,169 (+86.7%), from €144,308 to €269,477
of which Trade receivables: +€116,269
- Cash +€59,582
up €59,582 (+46.9%), from €127,014 to €186,595
mainly Short-term financial debts (+€125,000) and Net result for the year (+€77,885)
- Stocks and contracts +€31,398
up €31,398 (+7.0%), from €445,890 to €477,287
- Tangible fixed assets -€27,225
down €27,225 (-37.2%), from €73,102 to €45,877
of which Furniture and vehicles: -€24,820
- Intangible fixed assets -€19,435
down €19,435 (-12.6%), from €154,394 to €134,959
- Short-term financial debts +€125,000
up €125,000 (+45.5%), from €275,000 to €400,000
- Reserves +€77,885
up €77,885 (+64.9%), from €119,936 to €197,821
- Accrued charges and deferred income -€32,581
down €32,581 (-97.8%), from €33,319 to €738
- Trade debts +€20,177
up €20,177 (+50.6%), from €39,842 to €60,019
- Current portion of long-term debt -€14,087
down €14,087 (-58.4%), from €24,113 to €10,026
- Financial charges -€22,026
down €22,026 (-51.8%), from €42,555 to €20,529
- Taxes +€21,238
up €21,238 (+183%), from €11,590 to €32,828
- Gross operating margin +€11,626
up €11,626 (+2.5%), from €459,898 to €471,524
- Staff costs +€10,647
up €10,647 (+3.9%), from €274,517 to €285,163
- Other operating charges +€4,822
up €4,822 (+238%), from €2,028 to €6,850
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 | €956,357 | €1,132,444 | +€176,087 | +18.4% |
| Fixed assets | 21/28 | €230,391 | €183,732 | -€46,660 | -20.3% |
| Intangible fixed assets | 21 | €154,394 | €134,959 | -€19,435 | -12.6% |
| Tangible fixed assets | 22/27 | €73,102 | €45,877 | -€27,225 | -37.2% |
| Plant, machinery and equipment | 23 | €4,410 | €2,005 | -€2,405 | -54.5% |
| Furniture and vehicles | 24 | €68,693 | €43,873 | -€24,820 | -36.1% |
| Financial fixed assets | 28 | €2,895 | €2,895 | = | 0.0% |
| Current assets | 29/58 | €725,965 | €948,712 | +€222,747 | +30.7% |
| Stocks and contracts in progress | 3 | €445,890 | €477,287 | +€31,398 | +7.0% |
| Stocks | 30/36 | €445,890 | €477,287 | +€31,398 | +7.0% |
| Amounts receivable within one year | 40/41 | €144,308 | €269,477 | +€125,169 | +86.7% |
| Trade receivables | 40 | €143,458 | €259,727 | +€116,269 | +81.0% |
| Other amounts receivable | 41 | €850 | €9,750 | +€8,900 | +1,047% |
| Current investments | 50/53 | €500 | €500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €127,014 | €186,595 | +€59,582 | +46.9% |
| Deferred charges and accrued income | 490/1 | €8,254 | €14,853 | +€6,599 | +79.9% |
| Total equity and liabilities | 10/49 | €956,357 | €1,132,444 | +€176,087 | +18.4% |
| Equity | 10/15 | €128,936 | €206,821 | +€77,885 | +60.4% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Reserves | 13 | €119,936 | €197,821 | +€77,885 | +64.9% |
| Distributable reserves | 133 | €119,936 | €197,821 | +€77,885 | +64.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €827,421 | €925,623 | +€98,201 | +11.9% |
| Amounts payable after more than one year | 17 | €10,026 | €0 | -€10,026 | -100% |
| Financial debts | 170/4 | €10,026 | €0 | -€10,026 | -100% |
| Amounts payable within one year | 42/48 | €784,077 | €924,885 | +€140,808 | +18.0% |
| Current portion of amounts payable after more than one year | 42 | €24,113 | €10,026 | -€14,087 | -58.4% |
| Financial debts | 43 | €275,000 | €400,000 | +€125,000 | +45.5% |
| Credit institutions | 430/8 | €275,000 | €400,000 | +€125,000 | +45.5% |
| Trade debts | 44 | €39,842 | €60,019 | +€20,177 | +50.6% |
| Suppliers | 440/4 | €39,842 | €60,019 | +€20,177 | +50.6% |
| Taxes, remuneration and social security | 45 | €55,074 | €58,427 | +€3,353 | +6.1% |
| Taxes | 450/3 | €23,916 | €26,102 | +€2,185 | +9.1% |
| Remuneration and social security | 454/9 | €31,158 | €32,325 | +€1,167 | +3.7% |
| Other amounts payable | 47/48 | €390,048 | €396,414 | +€6,365 | +1.6% |
| Accrued charges and deferred income | 492/3 | €33,319 | €738 | -€32,581 | -97.8% |
| Non-recurring operating income | 76A | €165 | €11,736 | +€11,570 | +7,000% |
| Remuneration, social security and pensions | 62 | €274,517 | €285,163 | +€10,647 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,580 | €60,877 | +€1,297 | +2.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,802 | +€1,802 | |
| Other operating charges | 640/8 | €2,028 | €6,850 | +€4,822 | +238% |
| Non-recurring operating charges | 66A | €284 | €44 | -€240 | -84.4% |
| Gross operating margin | 9900 | €459,898 | €471,524 | +€11,626 | +2.5% |
| Operating profit (loss) | 9901 | €123,490 | €116,788 | -€6,702 | -5.4% |
| Financial income | 75/76B | €16,732 | €14,455 | -€2,277 | -13.6% |
| Recurring financial income | 75 | €16,732 | €14,455 | -€2,277 | -13.6% |
| Financial charges | 65/66B | €42,555 | €20,529 | -€22,026 | -51.8% |
| Recurring financial charges | 65 | €42,555 | €20,529 | -€22,026 | -51.8% |
| Profit (loss) for the period before taxes | 9903 | €97,666 | €110,713 | +€13,047 | +13.4% |
| Income taxes | 67/77 | €11,590 | €32,828 | +€21,238 | +183% |
| Profit (loss) for the period | 9904 | €86,076 | €77,885 | -€8,191 | -9.5% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €86,076 | €77,885 | -€8,191 | -9.5% |
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 19 October 2026 via checked.be.