KlimaMust: 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.
KlimaMust
Largest movements
- Receivables within one year -€81,386
down €81,386 (-89.3%), from €91,149 to €9,763
of which Trade receivables: -€81,185
- Cash +€21,014
up €21,014 (+873.2%), from €2,406 to €23,420
mainly Receivables within one year (+€81,386) and Net result for the year (+€17,786)
- Stocks and contracts +€4,712
up €4,712 (+154.1%), from €3,058 to €7,770
- Tangible fixed assets +€3,146
up €3,146 (+57.7%), from €5,456 to €8,602
of which Plant, machinery and equipment: +€1,800
- Deferred charges and accrued income -€1,811
down €1,811 (-19.0%), from €9,537 to €7,725
- Other debts -€41,857
down €41,857 (-99.8%), from €41,943 to €86
- Reserves +€17,786
up €17,786 (+62.1%), from €28,634 to €46,419
- Trade debts -€16,276
down €16,276 (-88.4%), from €18,416 to €2,140
- Tax, wage and social debts -€13,978
down €13,978 (-71.3%), from €19,613 to €5,635
of which Taxes: -€8,436
- Staff costs -€19,959
down €19,959 (-57.5%), from €34,724 to €14,765
- Gross operating margin -€5,530
down €5,530 (-11.8%), from €46,669 to €41,139
- Taxes +€2,764
up €2,764 (+70.2%), from €3,935 to €6,699
- Depreciation +€632
up €632 (+93.7%), from €675 to €1,307
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 | €111,606 | €57,280 | -€54,326 | -48.7% |
| Fixed assets | 21/28 | €5,456 | €8,602 | +€3,146 | +57.7% |
| Tangible fixed assets | 22/27 | €5,456 | €8,602 | +€3,146 | +57.7% |
| Land and buildings | 22 | €3,303 | €4,911 | +€1,608 | +48.7% |
| Plant, machinery and equipment | 23 | - | €1,800 | +€1,800 | |
| Furniture and vehicles | 24 | €2,153 | €1,891 | -€263 | -12.2% |
| Current assets | 29/58 | €106,150 | €48,678 | -€57,472 | -54.1% |
| Stocks and contracts in progress | 3 | €3,058 | €7,770 | +€4,712 | +154.1% |
| Stocks | 30/36 | €3,058 | €7,770 | +€4,712 | +154.1% |
| Amounts receivable within one year | 40/41 | €91,149 | €9,763 | -€81,386 | -89.3% |
| Trade receivables | 40 | €82,007 | €821 | -€81,185 | -99.0% |
| Other amounts receivable | 41 | €9,143 | €8,942 | -€201 | -2.2% |
| Cash at bank and in hand | 54/58 | €2,406 | €23,420 | +€21,014 | +873.2% |
| Deferred charges and accrued income | 490/1 | €9,537 | €7,725 | -€1,811 | -19.0% |
| Total equity and liabilities | 10/49 | €111,606 | €57,280 | -€54,326 | -48.7% |
| Equity | 10/15 | €31,634 | €49,419 | +€17,786 | +56.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €28,634 | €46,419 | +€17,786 | +62.1% |
| Distributable reserves | 133 | €28,634 | €46,419 | +€17,786 | +62.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €79,973 | €7,861 | -€72,112 | -90.2% |
| Amounts payable within one year | 42/48 | €79,973 | €7,861 | -€72,112 | -90.2% |
| Trade debts | 44 | €18,416 | €2,140 | -€16,276 | -88.4% |
| Suppliers | 440/4 | €18,416 | €2,140 | -€16,276 | -88.4% |
| Taxes, remuneration and social security | 45 | €19,613 | €5,635 | -€13,978 | -71.3% |
| Taxes | 450/3 | €14,071 | €5,635 | -€8,436 | -60.0% |
| Remuneration and social security | 454/9 | €5,542 | €0 | -€5,542 | -100.0% |
| Other amounts payable | 47/48 | €41,943 | €86 | -€41,857 | -99.8% |
| Remuneration, social security and pensions | 62 | €34,724 | €14,765 | -€19,959 | -57.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €675 | €1,307 | +€632 | +93.7% |
| Other operating charges | 640/8 | €343 | €462 | +€119 | +34.6% |
| Gross operating margin | 9900 | €46,669 | €41,139 | -€5,530 | -11.8% |
| Operating profit (loss) | 9901 | €10,927 | €24,605 | +€13,678 | +125.2% |
| Financial income | 75/76B | €425 | €175 | -€250 | -58.8% |
| Recurring financial income | 75 | €425 | €175 | -€250 | -58.8% |
| Financial charges | 65/66B | €690 | €295 | -€394 | -57.2% |
| Recurring financial charges | 65 | €690 | €295 | -€394 | -57.2% |
| Profit (loss) for the period before taxes | 9903 | €10,663 | €24,485 | +€13,822 | +129.6% |
| Income taxes | 67/77 | €3,935 | €6,699 | +€2,764 | +70.2% |
| Profit (loss) for the period | 9904 | €6,727 | €17,786 | +€11,058 | +164.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,727 | €17,786 | +€11,058 | +164.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.