HEATING & COOLING TECHNICS: 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.
HEATING & COOLING TECHNICS
Largest movements
- Receivables after one year +€14,973
up €14,973 (+10.4%), from €144,500 to €159,473
- Deferred charges and accrued income -€12,006
down €12,006 (-93.8%), from €12,806 to €800
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€162
up €162 (+12.9%), from -€1,253 to -€1,091
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 | €160,535 | €163,390 | +€2,855 | +1.8% |
| Current assets | 29/58 | €160,535 | €163,390 | +€2,855 | +1.8% |
| Amounts receivable after more than one year | 29 | €144,500 | €159,473 | +€14,973 | +10.4% |
| Other amounts receivable | 291 | €144,500 | €159,473 | +€14,973 | +10.4% |
| Amounts receivable within one year | 40/41 | €2,962 | €2,876 | -€86 | -2.9% |
| Other amounts receivable | 41 | €2,962 | €2,876 | -€86 | -2.9% |
| Cash at bank and in hand | 54/58 | €268 | €241 | -€27 | -10.0% |
| Deferred charges and accrued income | 490/1 | €12,806 | €800 | -€12,006 | -93.8% |
| Total equity and liabilities | 10/49 | €160,535 | €163,390 | +€2,855 | +1.8% |
| Equity | 10/15 | €133,248 | €133,881 | +€634 | +0.5% |
| Contributions | 10/11 | €87,200 | €87,200 | = | 0.0% |
| Reserves | 13 | €46,048 | €46,681 | +€634 | +1.4% |
| Non-distributable reserves | 130/1 | €9,960 | €9,960 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,960 | €9,960 | = | 0.0% |
| Distributable reserves | 133 | €36,088 | €36,721 | +€634 | +1.8% |
| Amounts payable | 17/49 | €27,287 | €29,509 | +€2,221 | +8.1% |
| Amounts payable within one year | 42/48 | €26,450 | €28,270 | +€1,820 | +6.9% |
| Trade debts | 44 | €16,485 | €17,505 | +€1,020 | +6.2% |
| Suppliers | 440/4 | €16,485 | €17,505 | +€1,020 | +6.2% |
| Other amounts payable | 47/48 | €9,965 | €10,765 | +€800 | +8.0% |
| Accrued charges and deferred income | 492/3 | €837 | €1,239 | +€401 | +47.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,253 | -€1,091 | +€162 | +12.9% |
| Operating profit (loss) | 9901 | -€1,640 | -€1,491 | +€149 | +9.1% |
| Financial income | 75/76B | €2,170 | €2,169 | -€1 | 0.0% |
| Recurring financial income | 75 | €2,170 | €2,169 | -€1 | 0.0% |
| Financial charges | 65/66B | €43 | €44 | +€2 | +3.6% |
| Recurring financial charges | 65 | €43 | €44 | +€2 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €487 | €634 | +€147 | +30.2% |
| Income taxes | 67/77 | - | €1 | +€1 | |
| Profit (loss) for the period | 9904 | €487 | €634 | +€147 | +30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €487 | €634 | +€147 | +30.1% |
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 25 October 2026 via checked.be.