Heating-Cooling-Comfort: what changed
Heating-Cooling-Comfort
Largest movements
- Stocks and contracts -€6,370
down €6,370 (-65.2%), from €9,770 to €3,400
- Cash +€5,347
up €5,347 (+22.0%), from €24,313 to €29,661
mainly Stocks and contracts (+€6,370) and Net result for the year (+€5,173)
- Tangible fixed assets +€5,156
new in 2025: €5,156
- Receivables within one year -€2,946
down €2,946 (-9.2%), from €32,135 to €29,189
of which Other amounts receivable: -€5,738
- Trade debts -€10,507
down €10,507 (-83.8%), from €12,532 to €2,025
- Profit (loss) carried forward +€5,173
up €5,173 (+13.7%), from €37,698 to €42,871
- Short-term financial debts +€3,867
new in 2025: €3,867
- Tax, wage and social debts +€2,303
new in 2025: €2,303
- Current portion of long-term debt -€1,728
no longer reported in 2025 (was €1,728)
- Gross operating margin +€11,146
up €11,146 (+1,494%), from €746 to €11,892
- Taxes +€2,122
up €2,122 (+1,025%), from €207 to €2,329
- Depreciation +€1,971
up €1,971 (+325%), from €607 to €2,578
- Other operating charges -€791
down €791 (-39.3%), from €2,014 to €1,223
- Financial charges +€269
up €269 (+65.6%), from €411 to €680
of which Financial charges: +€364
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 | €66,218 | €67,406 | +€1,188 | +1.8% |
| Fixed assets | 21/28 | - | €5,156 | +€5,156 | |
| Tangible fixed assets | 22/27 | - | €5,156 | +€5,156 | |
| Furniture and vehicles | 24 | - | €5,156 | +€5,156 | |
| Current assets | 29/58 | €66,218 | €62,250 | -€3,968 | -6.0% |
| Stocks and contracts in progress | 3 | €9,770 | €3,400 | -€6,370 | -65.2% |
| Stocks | 30/36 | €9,770 | €3,400 | -€6,370 | -65.2% |
| Amounts receivable within one year | 40/41 | €32,135 | €29,189 | -€2,946 | -9.2% |
| Trade receivables | 40 | €15,773 | €18,565 | +€2,792 | +17.7% |
| Other amounts receivable | 41 | €16,362 | €10,625 | -€5,738 | -35.1% |
| Cash at bank and in hand | 54/58 | €24,313 | €29,661 | +€5,347 | +22.0% |
| Total equity and liabilities | 10/49 | €66,218 | €67,406 | +€1,188 | +1.8% |
| Equity | 10/15 | €51,958 | €57,131 | +€5,173 | +10.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,698 | €42,871 | +€5,173 | +13.7% |
| Amounts payable | 17/49 | €14,260 | €10,275 | -€3,985 | -27.9% |
| Amounts payable after more than one year | 17 | - | €967 | +€967 | |
| Financial debts | 170/4 | - | €967 | +€967 | |
| Amounts payable within one year | 42/48 | €14,260 | €9,308 | -€4,952 | -34.7% |
| Current portion of amounts payable after more than one year | 42 | €1,728 | - | -€1,728 | |
| Financial debts | 43 | - | €3,867 | +€3,867 | |
| Credit institutions | 430/8 | - | €3,867 | +€3,867 | |
| Trade debts | 44 | €12,532 | €2,025 | -€10,507 | -83.8% |
| Suppliers | 440/4 | €12,532 | €2,025 | -€10,507 | -83.8% |
| Taxes, remuneration and social security | 45 | - | €2,303 | +€2,303 | |
| Taxes | 450/3 | - | €2,303 | +€2,303 | |
| Other amounts payable | 47/48 | - | €1,113 | +€1,113 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €607 | €2,578 | +€1,971 | +325% |
| Other operating charges | 640/8 | €2,014 | €1,223 | -€791 | -39.3% |
| Gross operating margin | 9900 | €746 | €11,892 | +€11,146 | +1,494% |
| Operating profit (loss) | 9901 | -€1,874 | €8,092 | +€9,966 | |
| Financial income | 75/76B | €200 | €90 | -€110 | -55.0% |
| Recurring financial income | 75 | €200 | €90 | -€110 | -55.0% |
| Non-recurring financial income | 76B | €200 | €90 | -€110 | -55.0% |
| Financial charges | 65/66B | €411 | €680 | +€269 | +65.6% |
| Recurring financial charges | 65 | €174 | €538 | +€364 | +209% |
| Non-recurring financial charges | 66B | €236 | €141 | -€95 | -40.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,085 | €7,502 | +€9,586 | |
| Income taxes | 67/77 | €207 | €2,329 | +€2,122 | +1,025% |
| Profit (loss) for the period | 9904 | -€2,292 | €5,173 | +€7,465 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,292 | €5,173 | +€7,465 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.