CLIMB2TOP: 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.
CLIMB2TOP
Largest movements
- Receivables within one year +€29,140
up €29,140 (+32.3%), from €90,313 to €119,453
- Tangible fixed assets +€4,515
new in 2025: €4,515
- Other debts +€110,099
up €110,099 (+471%), from €23,387 to €133,487
- Profit (loss) carried forward -€104,269
down €104,269 (-59.1%), from €176,392 to €72,122
- Tax, wage and social debts +€33,632
up €33,632 (+225%), from €14,924 to €48,556
of which Taxes: +€31,264
- Debts after one year -€7,236
down €7,236 (-49.1%), from €14,724 to €7,488
- Contributions -€3,000
no longer reported in 2025 (was €3,000)
- Gross operating margin +€18,600
up €18,600 (+32.6%), from €57,103 to €75,703
- Taxes +€10,650
up €10,650 (+73.6%), from €14,469 to €25,119
- Financial charges -€878
down €878 (-42.9%), from €2,046 to €1,168
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 | €246,418 | €278,631 | +€32,214 | +13.1% |
| Fixed assets | 21/28 | €50,000 | €54,515 | +€4,515 | +9.0% |
| Tangible fixed assets | 22/27 | - | €4,515 | +€4,515 | |
| Other tangible fixed assets | 26 | - | €4,515 | +€4,515 | |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €196,418 | €224,117 | +€27,699 | +14.1% |
| Amounts receivable within one year | 40/41 | €90,313 | €119,453 | +€29,140 | +32.3% |
| Trade receivables | 40 | €90,313 | €119,453 | +€29,140 | +32.3% |
| Cash at bank and in hand | 54/58 | €106,105 | €104,664 | -€1,441 | -1.4% |
| Total equity and liabilities | 10/49 | €246,418 | €278,631 | +€32,214 | +13.1% |
| Equity | 10/15 | €179,392 | €75,122 | -€104,269 | -58.1% |
| Contributions | 10/11 | €3,000 | - | -€3,000 | |
| Reserves | 13 | - | €3,000 | +€3,000 | |
| Non-distributable reserves | 130/1 | - | €3,000 | +€3,000 | |
| Reserves not available under the articles | 1311 | - | €3,000 | +€3,000 | |
| Profit (loss) carried forward | 14 | €176,392 | €72,122 | -€104,269 | -59.1% |
| Amounts payable | 17/49 | €67,026 | €203,509 | +€136,483 | +204% |
| Amounts payable after more than one year | 17 | €14,724 | €7,488 | -€7,236 | -49.1% |
| Financial debts | 170/4 | €14,724 | €7,488 | -€7,236 | -49.1% |
| Amounts payable within one year | 42/48 | €52,302 | €196,020 | +€143,719 | +275% |
| Current portion of amounts payable after more than one year | 42 | €6,992 | €7,236 | +€244 | +3.5% |
| Trade debts | 44 | €6,998 | €6,742 | -€256 | -3.7% |
| Suppliers | 440/4 | €6,998 | €6,742 | -€256 | -3.7% |
| Taxes, remuneration and social security | 45 | €14,924 | €48,556 | +€33,632 | +225% |
| Taxes | 450/3 | €14,357 | €45,621 | +€31,264 | +218% |
| Remuneration and social security | 454/9 | €567 | €2,935 | +€2,368 | +418% |
| Other amounts payable | 47/48 | €23,387 | €133,487 | +€110,099 | +471% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €335 | +€335 | |
| Other operating charges | 640/8 | €387 | €555 | +€168 | +43.3% |
| Gross operating margin | 9900 | €57,103 | €75,703 | +€18,600 | +32.6% |
| Operating profit (loss) | 9901 | €56,715 | €74,813 | +€18,098 | +31.9% |
| Financial income | 75/76B | - | €146 | +€146 | |
| Recurring financial income | 75 | - | €146 | +€146 | |
| Financial charges | 65/66B | €2,046 | €1,168 | -€878 | -42.9% |
| Recurring financial charges | 65 | €2,046 | €1,168 | -€878 | -42.9% |
| Profit (loss) for the period before taxes | 9903 | €54,669 | €73,791 | +€19,121 | +35.0% |
| Income taxes | 67/77 | €14,469 | €25,119 | +€10,650 | +73.6% |
| Profit (loss) for the period | 9904 | €40,200 | €48,672 | +€8,471 | +21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,200 | €48,672 | +€8,471 | +21.1% |
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 18 October 2026 via checked.be.