CLIMETECH: what changed
Two fiscal 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.
CLIMETECH
Largest movements
- Receivables within one year -€52,583
down €52,583 (-42.9%), from €122,600 to €70,016
of which Trade receivables: -€45,445
- Cash +€40,063
up €40,063 (+113.1%), from €35,407 to €75,470
mainly Receivables within one year (+€52,583) and Depreciation (+€3,068)
- Tangible fixed assets -€3,068
down €3,068 (-65.8%), from €4,664 to €1,596
- Debts after one year -€7,968
down €7,968 (-38.1%), from €20,902 to €12,934
- Tax, wage and social debts -€5,739
down €5,739 (-39.2%), from €14,633 to €8,894
of which Remuneration and social security: -€7,385
- Trade debts -€3,670
down €3,670 (-19.9%), from €18,461 to €14,790
- Profit (loss) carried forward +€2,001
up €2,001 (+2.4%), from €83,894 to €85,895
- Staff costs -€58,515
down €58,515 (-58.1%), from €100,696 to €42,181
- Gross operating margin -€50,450
down €50,450 (-49.4%), from €102,139 to €51,689
- Taxes +€1,646
up €1,646 (+487.4%), from €338 to €1,983
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.
Cash bridge derived
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 | €165,976 | €150,942 | -€15,034 | -9.1% |
| Fixed assets | 21/28 | €5,974 | €2,906 | -€3,068 | -51.4% |
| Tangible fixed assets | 22/27 | €4,664 | €1,596 | -€3,068 | -65.8% |
| Furniture and vehicles | 24 | €4,664 | €1,596 | -€3,068 | -65.8% |
| Financial fixed assets | 28 | €1,310 | €1,310 | = | 0.0% |
| Current assets | 29/58 | €160,003 | €148,036 | -€11,967 | -7.5% |
| Amounts receivable within one year | 40/41 | €122,600 | €70,016 | -€52,583 | -42.9% |
| Trade receivables | 40 | €65,099 | €19,654 | -€45,445 | -69.8% |
| Other amounts receivable | 41 | €57,501 | €50,362 | -€7,139 | -12.4% |
| Cash at bank and in hand | 54/58 | €35,407 | €75,470 | +€40,063 | +113.1% |
| Deferred charges and accrued income | 490/1 | €1,996 | €2,550 | +€554 | +27.8% |
| Total equity and liabilities | 10/49 | €165,976 | €150,942 | -€15,034 | -9.1% |
| Equity | 10/15 | €104,354 | €106,355 | +€2,001 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,894 | €85,895 | +€2,001 | +2.4% |
| Amounts payable | 17/49 | €61,622 | €44,587 | -€17,036 | -27.6% |
| Amounts payable after more than one year | 17 | €20,902 | €12,934 | -€7,968 | -38.1% |
| Financial debts | 170/4 | €20,902 | €12,934 | -€7,968 | -38.1% |
| Amounts payable within one year | 42/48 | €40,720 | €31,653 | -€9,067 | -22.3% |
| Current portion of amounts payable after more than one year | 42 | €7,626 | €7,968 | +€342 | +4.5% |
| Trade debts | 44 | €18,461 | €14,790 | -€3,670 | -19.9% |
| Suppliers | 440/4 | €18,461 | €14,790 | -€3,670 | -19.9% |
| Taxes, remuneration and social security | 45 | €14,633 | €8,894 | -€5,739 | -39.2% |
| Taxes | 450/3 | €848 | €2,494 | +€1,646 | +194.1% |
| Remuneration and social security | 454/9 | €13,785 | €6,400 | -€7,385 | -53.6% |
| Remuneration, social security and pensions | 62 | €100,696 | €42,181 | -€58,515 | -58.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,327 | €3,068 | -€259 | -7.8% |
| Other operating charges | 640/8 | €2,359 | €2,905 | +€547 | +23.2% |
| Gross operating margin | 9900 | €102,139 | €51,689 | -€50,450 | -49.4% |
| Operating profit (loss) | 9901 | -€4,243 | €3,534 | +€7,777 | |
| Financial income | 75/76B | €2,666 | €2,620 | -€46 | -1.7% |
| Recurring financial income | 75 | €2,666 | €2,620 | -€46 | -1.7% |
| Financial charges | 65/66B | €1,758 | €2,170 | +€412 | +23.5% |
| Recurring financial charges | 65 | €1,758 | €2,170 | +€412 | +23.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,335 | €3,985 | +€7,319 | |
| Income taxes | 67/77 | €338 | €1,983 | +€1,646 | +487.4% |
| Profit (loss) for the period | 9904 | -€3,672 | €2,001 | +€5,674 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,672 | €2,001 | +€5,674 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.