CLIMAWARM: 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.
CLIMAWARM
Largest movements
- Receivables within one year +€15,241
up €15,241 (+325%), from €4,691 to €19,932
of which Other amounts receivable: +€8,336
- Cash +€12,920
up €12,920 (+97.8%), from €13,206 to €26,126
mainly Net result for the year (+€21,230) and Tax, wage and social debts (+€8,172)
- Deferred charges and accrued income -€2,485
down €2,485 (-74.9%), from €3,316 to €831
- Tangible fixed assets -€2,106
down €2,106 (-26.0%), from €8,087 to €5,981
of which Furniture and vehicles: -€2,912
- Reserves +€11,000
new in 2024: €11,000
- Tax, wage and social debts +€8,172
up €8,172 (+4,097%), from €199 to €8,372
- Other debts +€6,476
up €6,476 (+599%), from €1,081 to €7,558
- Trade debts -€2,953
down €2,953 (-68.2%), from €4,328 to €1,375
- Current portion of long-term debt +€645
up €645 (+435%), from €148 to €793
- Gross operating margin +€26,912
up €26,912 (+705%), from €3,817 to €30,729
- Taxes +€5,672
up €5,672 (+2,844%), from €199 to €5,872
- Depreciation +€2,468
up €2,468 (+380%), from €649 to €3,117
- Financial charges -€1,625
down €1,625 (-70.3%), from €2,313 to €688
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,300 | €52,870 | +€23,571 | +80.4% |
| Fixed assets | 21/28 | €8,087 | €5,981 | -€2,106 | -26.0% |
| Tangible fixed assets | 22/27 | €8,087 | €5,981 | -€2,106 | -26.0% |
| Plant, machinery and equipment | 23 | - | €805 | +€805 | |
| Furniture and vehicles | 24 | €8,087 | €5,175 | -€2,912 | -36.0% |
| Current assets | 29/58 | €21,213 | €46,890 | +€25,677 | +121% |
| Amounts receivable within one year | 40/41 | €4,691 | €19,932 | +€15,241 | +325% |
| Trade receivables | 40 | €781 | €7,686 | +€6,906 | +884% |
| Other amounts receivable | 41 | €3,910 | €12,246 | +€8,336 | +213% |
| Cash at bank and in hand | 54/58 | €13,206 | €26,126 | +€12,920 | +97.8% |
| Deferred charges and accrued income | 490/1 | €3,316 | €831 | -€2,485 | -74.9% |
| Total equity and liabilities | 10/49 | €29,300 | €52,870 | +€23,571 | +80.4% |
| Equity | 10/15 | €8,542 | €19,772 | +€11,230 | +131% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | - | €11,000 | +€11,000 | |
| Distributable reserves | 133 | - | €11,000 | +€11,000 | |
| Profit (loss) carried forward | 14 | €542 | €772 | +€230 | +42.4% |
| Amounts payable | 17/49 | €20,758 | €33,098 | +€12,340 | +59.4% |
| Amounts payable after more than one year | 17 | €15,000 | €15,000 | = | 0.0% |
| Financial debts | 170/4 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €5,758 | €18,098 | +€12,340 | +214% |
| Current portion of amounts payable after more than one year | 42 | €148 | €793 | +€645 | +435% |
| Trade debts | 44 | €4,328 | €1,375 | -€2,953 | -68.2% |
| Suppliers | 440/4 | €4,328 | €1,375 | -€2,953 | -68.2% |
| Taxes, remuneration and social security | 45 | €199 | €8,372 | +€8,172 | +4,097% |
| Taxes | 450/3 | €199 | €8,372 | +€8,172 | +4,097% |
| Other amounts payable | 47/48 | €1,081 | €7,558 | +€6,476 | +599% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €649 | €3,117 | +€2,468 | +380% |
| Other operating charges | 640/8 | €115 | €85 | -€30 | -26.1% |
| Gross operating margin | 9900 | €3,817 | €30,729 | +€26,912 | +705% |
| Operating profit (loss) | 9901 | €3,053 | €27,527 | +€24,474 | +802% |
| Financial income | 75/76B | €1 | €262 | +€261 | +18,102% |
| Recurring financial income | 75 | €1 | €262 | +€261 | +18,102% |
| Financial charges | 65/66B | €2,313 | €688 | -€1,625 | -70.3% |
| Recurring financial charges | 65 | €2,313 | €688 | -€1,625 | -70.3% |
| Profit (loss) for the period before taxes | 9903 | €742 | €27,102 | +€26,360 | +3,555% |
| Income taxes | 67/77 | €199 | €5,872 | +€5,672 | +2,844% |
| Profit (loss) for the period | 9904 | €542 | €21,230 | +€20,688 | +3,816% |
| Profit (loss) for the period to be appropriated | 9905 | €542 | €21,230 | +€20,688 | +3,816% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.