ERTECH Clima: 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.
ERTECH Clima
Largest movements
- Receivables within one year +€26,659
up €26,659 (+147.8%), from €18,037 to €44,697
of which Trade receivables: +€17,707
- Cash +€5,573
up €5,573 (+73.7%), from €7,561 to €13,134
mainly Trade debts (+€18,089) and Tax, wage and social debts (+€14,070)
- Deferred charges and accrued income +€1,473
new in 2025: €1,473
- Trade debts +€18,089
up €18,089 (+137.1%), from €13,195 to €31,285
- Tax, wage and social debts +€14,070
up €14,070 (+321.7%), from €4,374 to €18,444
of which Remuneration and social security: +€13,200
- Profit (loss) carried forward +€2,749
up €2,749 (+184.0%), from €1,494 to €4,244
- Other debts -€2,548
no longer reported in 2025 (was €2,548)
- Accrued charges and deferred income +€911
new in 2025: €911
- Gross operating margin -€2,352
down €2,352 (-26.6%), from €8,834 to €6,482
- Financial charges +€1,916
up €1,916 (+4119.8%), from €47 to €1,962
- Taxes +€458
up €458 (+122.7%), from €374 to €832
- Depreciation +€146
up €146 (+50.6%), from €288 to €434
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.
Cash bridge derived
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 | €26,612 | €59,883 | +€33,271 | +125.0% |
| Fixed assets | 21/28 | €1,013 | €579 | -€434 | -42.8% |
| Intangible fixed assets | 21 | €1,013 | €579 | -€434 | -42.8% |
| Current assets | 29/58 | €25,599 | €59,303 | +€33,704 | +131.7% |
| Amounts receivable within one year | 40/41 | €18,037 | €44,697 | +€26,659 | +147.8% |
| Trade receivables | 40 | €14,059 | €31,767 | +€17,707 | +125.9% |
| Other amounts receivable | 41 | €3,978 | €12,930 | +€8,952 | +225.0% |
| Cash at bank and in hand | 54/58 | €7,561 | €13,134 | +€5,573 | +73.7% |
| Deferred charges and accrued income | 490/1 | - | €1,473 | +€1,473 | |
| Total equity and liabilities | 10/49 | €26,612 | €59,883 | +€33,271 | +125.0% |
| Equity | 10/15 | €6,494 | €9,244 | +€2,749 | +42.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,494 | €4,244 | +€2,749 | +184.0% |
| Amounts payable | 17/49 | €20,117 | €50,639 | +€30,522 | +151.7% |
| Amounts payable within one year | 42/48 | €20,117 | €49,728 | +€29,611 | +147.2% |
| Trade debts | 44 | €13,195 | €31,285 | +€18,089 | +137.1% |
| Suppliers | 440/4 | €13,195 | €31,285 | +€18,089 | +137.1% |
| Taxes, remuneration and social security | 45 | €4,374 | €18,444 | +€14,070 | +321.7% |
| Taxes | 450/3 | €374 | €1,244 | +€870 | +232.9% |
| Remuneration and social security | 454/9 | €4,000 | €17,200 | +€13,200 | +330.0% |
| Other amounts payable | 47/48 | €2,548 | - | -€2,548 | |
| Accrued charges and deferred income | 492/3 | - | €911 | +€911 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €288 | €434 | +€146 | +50.6% |
| Other operating charges | 640/8 | €532 | €505 | -€26 | -5.0% |
| Non-recurring operating charges | 66A | €6,100 | - | -€6,100 | |
| Gross operating margin | 9900 | €8,834 | €6,482 | -€2,352 | -26.6% |
| Operating profit (loss) | 9901 | €1,914 | €5,543 | +€3,629 | +189.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €47 | €1,962 | +€1,916 | +4119.8% |
| Recurring financial charges | 65 | €47 | €1,962 | +€1,916 | +4119.8% |
| Profit (loss) for the period before taxes | 9903 | €1,868 | €3,581 | +€1,713 | +91.7% |
| Income taxes | 67/77 | €374 | €832 | +€458 | +122.7% |
| Profit (loss) for the period | 9904 | €1,494 | €2,749 | +€1,255 | +84.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,494 | €2,749 | +€1,255 | +84.0% |
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 11 October 2026 via checked.be.