CLIMAX CONSULT: 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.
CLIMAX CONSULT
Largest movements
- Tangible fixed assets +€373,240
up €373,240 (+82.4%), from €453,146 to €826,386
of which Land and buildings: +€337,751
- Receivables within one year +€32,199
up €32,199 (+37.1%), from €86,905 to €119,104
of which Other amounts receivable: +€57,199
- Revaluation surpluses +€351,000
new in 2025: €351,000
- Current portion of long-term debt +€70,898
up €70,898 (+275%), from €25,803 to €96,701
- Tax, wage and social debts -€58,248
down €58,248 (-46.7%), from €124,633 to €66,385
of which Taxes: -€52,231
- Reserves +€30,309
up €30,309 (+14.3%), from €212,343 to €242,652
of which Distributable reserves: +€30,309
- Staff costs -€20,302
down €20,302 (-37.9%), from €53,551 to €33,249
- Depreciation +€10,939
up €10,939 (+82.6%), from €13,249 to €24,188
- Gross operating margin +€3,625
up €3,625 (+2.7%), from €132,042 to €135,667
- Other operating charges +€2,890
up €2,890 (+56.7%), from €5,097 to €7,987
- Taxes +€2,770
up €2,770 (+16.6%), from €16,639 to €19,409
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 | €682,523 | €1,081,571 | +€399,048 | +58.5% |
| Fixed assets | 21/28 | €453,146 | €826,386 | +€373,240 | +82.4% |
| Tangible fixed assets | 22/27 | €453,146 | €826,386 | +€373,240 | +82.4% |
| Land and buildings | 22 | €453,146 | €790,897 | +€337,751 | +74.5% |
| Furniture and vehicles | 24 | - | €35,489 | +€35,489 | |
| Current assets | 29/58 | €229,377 | €255,184 | +€25,807 | +11.3% |
| Amounts receivable after more than one year | 29 | €138,808 | €131,531 | -€7,278 | -5.2% |
| Other amounts receivable | 291 | €138,808 | €131,531 | -€7,278 | -5.2% |
| Amounts receivable within one year | 40/41 | €86,905 | €119,104 | +€32,199 | +37.1% |
| Trade receivables | 40 | €32,000 | €7,000 | -€25,000 | -78.1% |
| Other amounts receivable | 41 | €54,905 | €112,104 | +€57,199 | +104% |
| Cash at bank and in hand | 54/58 | €368 | €3,323 | +€2,954 | +802% |
| Deferred charges and accrued income | 490/1 | €3,295 | €1,227 | -€2,068 | -62.8% |
| Total equity and liabilities | 10/49 | €682,523 | €1,081,571 | +€399,048 | +58.5% |
| Equity | 10/15 | €224,744 | €606,052 | +€381,308 | +170% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Revaluation surpluses | 12 | - | €351,000 | +€351,000 | |
| Reserves | 13 | €212,343 | €242,652 | +€30,309 | +14.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €4,252 | €4,252 | = | 0.0% |
| Distributable reserves | 133 | €208,092 | €238,400 | +€30,309 | +14.6% |
| Profit (loss) carried forward | 14 | €1 | €0 | -€1 | -100% |
| Provisions and deferred taxes | 16 | €106,379 | €106,379 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €106,379 | €106,379 | = | 0.0% |
| Pensions and similar obligations | 160 | €106,379 | €106,379 | = | 0.0% |
| Amounts payable | 17/49 | €351,400 | €369,140 | +€17,740 | +5.0% |
| Amounts payable after more than one year | 17 | €185,803 | €186,445 | +€642 | +0.3% |
| Financial debts | 170/4 | €185,803 | €186,445 | +€642 | +0.3% |
| Amounts payable within one year | 42/48 | €165,597 | €180,202 | +€14,606 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €25,803 | €96,701 | +€70,898 | +275% |
| Financial debts | 43 | €898 | €27 | -€871 | -97.0% |
| Credit institutions | 430/8 | €898 | €27 | -€871 | -97.0% |
| Trade debts | 44 | €14,264 | €17,090 | +€2,827 | +19.8% |
| Suppliers | 440/4 | €14,264 | €17,090 | +€2,827 | +19.8% |
| Taxes, remuneration and social security | 45 | €124,633 | €66,385 | -€58,248 | -46.7% |
| Taxes | 450/3 | €111,503 | €59,272 | -€52,231 | -46.8% |
| Remuneration and social security | 454/9 | €13,130 | €7,112 | -€6,018 | -45.8% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €2,493 | +€2,493 | |
| Remuneration, social security and pensions | 62 | €53,551 | €33,249 | -€20,302 | -37.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,249 | €24,188 | +€10,939 | +82.6% |
| Other operating charges | 640/8 | €5,097 | €7,987 | +€2,890 | +56.7% |
| Gross operating margin | 9900 | €132,042 | €135,667 | +€3,625 | +2.7% |
| Operating profit (loss) | 9901 | €60,144 | €70,243 | +€10,099 | +16.8% |
| Financial income | 75/76B | €4,442 | €6,716 | +€2,275 | +51.2% |
| Recurring financial income | 75 | €4,442 | €6,716 | +€2,275 | +51.2% |
| Financial charges | 65/66B | €12,261 | €14,833 | +€2,572 | +21.0% |
| Recurring financial charges | 65 | €12,261 | €14,833 | +€2,572 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | €52,325 | €62,126 | +€9,801 | +18.7% |
| Income taxes | 67/77 | €16,639 | €19,409 | +€2,770 | +16.6% |
| Profit (loss) for the period | 9904 | €35,686 | €42,717 | +€7,031 | +19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,686 | €42,717 | +€7,031 | +19.7% |
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 22 October 2026 via checked.be.