CLIMAWAYS: 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.
CLIMAWAYS
Largest movements
- Receivables within one year +€74,619
up €74,619 (+46.6%), from €160,048 to €234,667
of which Trade receivables: +€72,652
- Stocks and contracts -€11,666
down €11,666 (-11.9%), from €97,903 to €86,237
- Tangible fixed assets -€9,852
down €9,852 (-27.5%), from €35,885 to €26,033
of which Other tangible fixed assets: -€8,108
- Accrued charges and deferred income +€37,474
up €37,474 (+30.7%), from €122,025 to €159,499
- Trade debts +€23,223
up €23,223 (+16.4%), from €141,482 to €164,706
- Profit (loss) carried forward -€22,704
down €22,704 (-28.1%), from €80,667 to €57,964
- Tax, wage and social debts +€7,578
up €7,578 (+25.1%), from €30,247 to €37,825
of which Taxes: +€8,129
- Other debts +€7,274
up €7,274 (+114%), from €6,375 to €13,649
- Gross operating margin -€48,493
down €48,493 (-20.4%), from €237,419 to €188,926
- Staff costs -€10,697
down €10,697 (-5.3%), from €202,963 to €192,266
- Depreciation -€3,771
down €3,771 (-22.5%), from €16,724 to €12,953
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €483,067 | €535,913 | +€52,845 | +10.9% |
| Fixed assets | 21/28 | €35,885 | €26,033 | -€9,852 | -27.5% |
| Tangible fixed assets | 22/27 | €35,885 | €26,033 | -€9,852 | -27.5% |
| Plant, machinery and equipment | 23 | €1,187 | €771 | -€416 | -35.1% |
| Furniture and vehicles | 24 | €3,760 | €2,433 | -€1,328 | -35.3% |
| Other tangible fixed assets | 26 | €30,938 | €22,830 | -€8,108 | -26.2% |
| Current assets | 29/58 | €447,182 | €509,880 | +€62,697 | +14.0% |
| Stocks and contracts in progress | 3 | €97,903 | €86,237 | -€11,666 | -11.9% |
| Stocks | 30/36 | €97,903 | €86,237 | -€11,666 | -11.9% |
| Amounts receivable within one year | 40/41 | €160,048 | €234,667 | +€74,619 | +46.6% |
| Trade receivables | 40 | €160,048 | €232,701 | +€72,652 | +45.4% |
| Other amounts receivable | 41 | €0 | €1,966 | +€1,966 | |
| Cash at bank and in hand | 54/58 | €185,281 | €185,026 | -€255 | -0.1% |
| Deferred charges and accrued income | 490/1 | €3,950 | €3,950 | = | 0.0% |
| Total equity and liabilities | 10/49 | €483,067 | €535,913 | +€52,845 | +10.9% |
| Equity | 10/15 | €178,937 | €156,234 | -€22,704 | -12.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €92,070 | €92,070 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,050 | €21,050 | = | 0.0% |
| Distributable reserves | 133 | €71,020 | €71,020 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,667 | €57,964 | -€22,704 | -28.1% |
| Provisions and deferred taxes | 16 | €4,000 | €4,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €4,000 | €4,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €4,000 | €4,000 | = | 0.0% |
| Amounts payable | 17/49 | €300,130 | €375,679 | +€75,549 | +25.2% |
| Amounts payable within one year | 42/48 | €178,105 | €216,180 | +€38,075 | +21.4% |
| Trade debts | 44 | €141,482 | €164,706 | +€23,223 | +16.4% |
| Suppliers | 440/4 | €141,482 | €164,706 | +€23,223 | +16.4% |
| Taxes, remuneration and social security | 45 | €30,247 | €37,825 | +€7,578 | +25.1% |
| Taxes | 450/3 | €6,458 | €14,587 | +€8,129 | +126% |
| Remuneration and social security | 454/9 | €23,790 | €23,238 | -€551 | -2.3% |
| Other amounts payable | 47/48 | €6,375 | €13,649 | +€7,274 | +114% |
| Accrued charges and deferred income | 492/3 | €122,025 | €159,499 | +€37,474 | +30.7% |
| Remuneration, social security and pensions | 62 | €202,963 | €192,266 | -€10,697 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,724 | €12,953 | -€3,771 | -22.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €700 | +€700 | |
| Other operating charges | 640/8 | €4,223 | €3,236 | -€987 | -23.4% |
| Gross operating margin | 9900 | €237,419 | €188,926 | -€48,493 | -20.4% |
| Operating profit (loss) | 9901 | €13,509 | -€20,228 | -€33,737 | |
| Financial income | 75/76B | €529 | €1,685 | +€1,156 | +219% |
| Recurring financial income | 75 | €529 | €1,685 | +€1,156 | +219% |
| Financial charges | 65/66B | €4,503 | €3,615 | -€888 | -19.7% |
| Recurring financial charges | 65 | €4,503 | €3,615 | -€888 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | €9,535 | -€22,159 | -€31,693 | |
| Income taxes | 67/77 | €1,635 | €545 | -€1,090 | -66.7% |
| Profit (loss) for the period | 9904 | €7,900 | -€22,704 | -€30,603 | |
| Transfer from tax-exempt reserves | 789 | €30,260 | €0 | -€30,260 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €38,160 | -€22,704 | -€60,863 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.