G-CLIMA: what changed
G-CLIMA
Largest movements
- Receivables within one year +€73,608
up €73,608 (+534%), from €13,782 to €87,389
of which Trade receivables: +€57,890
- Cash +€63,265
up €63,265 (+113%), from €56,217 to €119,483
mainly Net result for the year (+€67,611) and Trade debts (+€53,562)
- Stocks and contracts -€11,789
down €11,789 (-100%), from €11,789 to €0
- Tangible fixed assets -€7,119
down €7,119 (-20.0%), from €35,677 to €28,558
of which Leasing and similar rights: -€7,670
- Reserves +€67,611
up €67,611 (+132%), from €51,384 to €118,995
- Trade debts +€53,562
up €53,562 (+338%), from €15,836 to €69,398
- Debts after one year -€5,244
down €5,244 (-24.4%), from €21,450 to €16,206
- Tax, wage and social debts +€4,772
up €4,772 (+34.8%), from €13,731 to €18,503
- Other debts -€2,799
down €2,799 (-61.9%), from €4,523 to €1,724
- Gross operating margin +€21,403
up €21,403 (+28.6%), from €74,787 to €96,190
- Taxes +€4,772
up €4,772 (+39.0%), from €12,231 to €17,003
- Financial charges +€1,310
up €1,310 (+76.2%), from €1,718 to €3,027
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,465 | €235,430 | +€117,965 | +100% |
| Fixed assets | 21/28 | €35,677 | €28,558 | -€7,119 | -20.0% |
| Tangible fixed assets | 22/27 | €35,677 | €28,558 | -€7,119 | -20.0% |
| Plant, machinery and equipment | 23 | €2,491 | €1,826 | -€665 | -26.7% |
| Furniture and vehicles | 24 | - | €1,216 | +€1,216 | |
| Leasing and similar rights | 25 | €33,186 | €25,516 | -€7,670 | -23.1% |
| Current assets | 29/58 | €81,788 | €206,872 | +€125,084 | +153% |
| Stocks and contracts in progress | 3 | €11,789 | €0 | -€11,789 | -100% |
| Stocks | 30/36 | €11,789 | €0 | -€11,789 | -100% |
| Amounts receivable within one year | 40/41 | €13,782 | €87,389 | +€73,608 | +534% |
| Trade receivables | 40 | €8,257 | €66,147 | +€57,890 | +701% |
| Other amounts receivable | 41 | €5,525 | €21,242 | +€15,718 | +285% |
| Cash at bank and in hand | 54/58 | €56,217 | €119,483 | +€63,265 | +113% |
| Total equity and liabilities | 10/49 | €117,465 | €235,430 | +€117,965 | +100% |
| Equity | 10/15 | €56,384 | €123,995 | +€67,611 | +120% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €51,384 | €118,995 | +€67,611 | +132% |
| Distributable reserves | 133 | €51,384 | €118,995 | +€67,611 | +132% |
| Amounts payable | 17/49 | €61,081 | €111,435 | +€50,354 | +82.4% |
| Amounts payable after more than one year | 17 | €21,450 | €16,206 | -€5,244 | -24.4% |
| Financial debts | 170/4 | €21,450 | €16,206 | -€5,244 | -24.4% |
| Amounts payable within one year | 42/48 | €39,593 | €94,869 | +€55,277 | +140% |
| Current portion of amounts payable after more than one year | 42 | €5,503 | €5,244 | -€259 | -4.7% |
| Trade debts | 44 | €15,836 | €69,398 | +€53,562 | +338% |
| Suppliers | 440/4 | €15,836 | €69,398 | +€53,562 | +338% |
| Taxes, remuneration and social security | 45 | €13,731 | €18,503 | +€4,772 | +34.8% |
| Taxes | 450/3 | €13,731 | €18,503 | +€4,772 | +34.8% |
| Other amounts payable | 47/48 | €4,523 | €1,724 | -€2,799 | -61.9% |
| Accrued charges and deferred income | 492/3 | €38 | €360 | +€321 | +841% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,671 | €8,479 | -€192 | -2.2% |
| Other operating charges | 640/8 | €1,054 | €755 | -€299 | -28.3% |
| Gross operating margin | 9900 | €74,787 | €96,190 | +€21,403 | +28.6% |
| Operating profit (loss) | 9901 | €65,062 | €86,956 | +€21,894 | +33.7% |
| Financial income | 75/76B | €271 | €685 | +€415 | +153% |
| Recurring financial income | 75 | €271 | €685 | +€415 | +153% |
| Financial charges | 65/66B | €1,718 | €3,027 | +€1,310 | +76.2% |
| Recurring financial charges | 65 | €1,718 | €3,027 | +€1,310 | +76.2% |
| Profit (loss) for the period before taxes | 9903 | €63,615 | €84,614 | +€20,999 | +33.0% |
| Income taxes | 67/77 | €12,231 | €17,003 | +€4,772 | +39.0% |
| Profit (loss) for the period | 9904 | €51,384 | €67,611 | +€16,227 | +31.6% |
| Profit (loss) for the period to be appropriated | 9905 | €51,384 | €67,611 | +€16,227 | +31.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.