KLIMATECH H.V.A.C.: what changed
What changed
KLIMATECH H.V.A.C.
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
€20,749
2024 · €15,589+€5,160
Equity
€38,338
2024 · €18,589+€19,749
Cash
€65,662
2024 · -+€65,662
Balance sheet total
€201,603
2024 · €112,447+€89,156
Largest movements
Assets
- Cash +€65,662
new in 2025: €65,662
mainly Advances received (+€47,021) and Net result for the year (+€20,749)
- Tangible fixed assets +€30,977
up €30,977 (+66.9%), from €46,310 to €77,287
of which Furniture and vehicles: +€29,104
- Receivables within one year -€14,591
down €14,591 (-22.4%), from €65,161 to €50,570
of which Trade receivables: -€42,006
- Stocks and contracts +€5,604
new in 2025: €5,604
Equity and liabilities
- Advances received +€47,021
new in 2025: €47,021
- Trade debts -€25,032
down €25,032 (-27.9%), from €89,640 to €64,608
of which Suppliers: -€39,493
- Debts after one year +€20,722
new in 2025: €20,722
- Reserves +€19,000
new in 2025: €19,000
- Short-term financial debts +€16,667
new in 2025: €16,667
Income statement
- Gross operating margin +€37,394
up €37,394 (+173%), from €21,609 to €59,003
- Depreciation +€14,300
up €14,300 (+690%), from €2,073 to €16,373
- Staff costs +€12,960
new in 2025: €12,960
- Taxes +€3,731
up €3,731 (+95.7%), from €3,897 to €7,628
- Financial charges +€1,037
new in 2025: €1,037
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.
Result 2024
€15,589
Gross operating margin
+€37,394
Staff costs
-€12,960
Depreciation
-€14,300
Other operating charges
-€244
Financial income
+€38
Financial charges
-€1,037
Taxes
-€3,731
Result 2025
€20,749
raises the resultlowers the result
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.
From operations
+€69,433
Investment
-€47,418
Financing
+€43,647
Cash 2024
€0
From operations (derived)
+€69,433
Net result for the year
+€20,749
Depreciation
+€16,373
Stocks and contracts
-€5,604
Receivables within one year
+€14,591
Deferred charges and accrued income
-€1,436
Trade debts
-€25,032
Tax, wage and social debts
+€2,092
Advances received
+€47,021
Other debts
+€679
Investment (derived)
-€47,418
Investment in fixed assets (net)
-€47,418
Financing
+€43,647
Debts after one year
+€20,722
Current portion of long-term debt
+€7,258
Short-term financial debts
+€16,667
Contributions, distributions and other
-€1,000
Cash 2025
€65,662
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,447 | €201,603 | +€89,156 | +79.3% |
| Fixed assets | 21/28 | €47,286 | €78,331 | +€31,045 | +65.7% |
| Intangible fixed assets | 21 | €976 | €834 | -€142 | -14.5% |
| Tangible fixed assets | 22/27 | €46,310 | €77,287 | +€30,977 | +66.9% |
| Plant, machinery and equipment | 23 | €14,118 | €15,991 | +€1,873 | +13.3% |
| Furniture and vehicles | 24 | €32,192 | €61,296 | +€29,104 | +90.4% |
| Financial fixed assets | 28 | - | €210 | +€210 | |
| Current assets | 29/58 | €65,161 | €123,272 | +€58,111 | +89.2% |
| Stocks and contracts in progress | 3 | - | €5,604 | +€5,604 | |
| Stocks | 30/36 | - | €5,604 | +€5,604 | |
| Amounts receivable within one year | 40/41 | €65,161 | €50,570 | -€14,591 | -22.4% |
| Trade receivables | 40 | €62,161 | €20,155 | -€42,006 | -67.6% |
| Other amounts receivable | 41 | €3,000 | €30,415 | +€27,415 | +914% |
| Cash at bank and in hand | 54/58 | - | €65,662 | +€65,662 | |
| Deferred charges and accrued income | 490/1 | - | €1,436 | +€1,436 | |
| Total equity and liabilities | 10/49 | €112,447 | €201,603 | +€89,156 | +79.3% |
| Equity | 10/15 | €18,589 | €38,338 | +€19,749 | +106% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €19,000 | +€19,000 | |
| Distributable reserves | 133 | - | €19,000 | +€19,000 | |
| Profit (loss) carried forward | 14 | €15,589 | €16,338 | +€749 | +4.8% |
| Amounts payable | 17/49 | €93,858 | €163,265 | +€69,407 | +73.9% |
| Amounts payable after more than one year | 17 | - | €20,722 | +€20,722 | |
| Financial debts | 170/4 | - | €20,722 | +€20,722 | |
| Amounts payable within one year | 42/48 | €93,858 | €142,543 | +€48,685 | +51.9% |
| Current portion of amounts payable after more than one year | 42 | - | €7,258 | +€7,258 | |
| Financial debts | 43 | - | €16,667 | +€16,667 | |
| Credit institutions | 430/8 | - | €16,667 | +€16,667 | |
| Trade debts | 44 | €89,640 | €64,608 | -€25,032 | -27.9% |
| Suppliers | 440/4 | €89,640 | €50,147 | -€39,493 | -44.1% |
| Bills of exchange payable | 441 | - | €14,461 | +€14,461 | |
| Advances received on contracts in progress | 46 | - | €47,021 | +€47,021 | |
| Taxes, remuneration and social security | 45 | €3,897 | €5,989 | +€2,092 | +53.7% |
| Taxes | 450/3 | €3,897 | €4,386 | +€489 | +12.5% |
| Remuneration and social security | 454/9 | - | €1,603 | +€1,603 | |
| Other amounts payable | 47/48 | €321 | €1,000 | +€679 | +212% |
| Remuneration, social security and pensions | 62 | - | €12,960 | +€12,960 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,073 | €16,373 | +€14,300 | +690% |
| Other operating charges | 640/8 | €50 | €294 | +€244 | +488% |
| Gross operating margin | 9900 | €21,609 | €59,003 | +€37,394 | +173% |
| Operating profit (loss) | 9901 | €19,486 | €29,376 | +€9,890 | +50.8% |
| Financial income | 75/76B | - | €38 | +€38 | |
| Recurring financial income | 75 | - | €38 | +€38 | |
| Financial charges | 65/66B | - | €1,037 | +€1,037 | |
| Recurring financial charges | 65 | - | €1,037 | +€1,037 | |
| Profit (loss) for the period before taxes | 9903 | €19,486 | €28,377 | +€8,891 | +45.6% |
| Income taxes | 67/77 | €3,897 | €7,628 | +€3,731 | +95.7% |
| Profit (loss) for the period | 9904 | €15,589 | €20,749 | +€5,160 | +33.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,589 | €20,749 | +€5,160 | +33.1% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 5 November 2026 via checked.be.