KLIMATECHNICS: 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.
KLIMATECHNICS
Largest movements
- Cash +€73,605
up €73,605 (+22.6%), from €324,992 to €398,597
mainly Net result for the year (+€111,546) and Depreciation (+€86,671)
- Receivables within one year +€56,930
up €56,930 (+11.6%), from €490,729 to €547,659
of which Trade receivables: +€51,961
- Tangible fixed assets +€27,572
up €27,572 (+5.7%), from €481,002 to €508,574
of which Furniture and vehicles: +€40,271
- Reserves +€111,546
up €111,546 (+27.1%), from €411,724 to €523,271
of which Distributable reserves: +€111,546
- Tax, wage and social debts +€55,150
up €55,150 (+132.1%), from €41,753 to €96,903
of which Taxes: +€63,045
- Trade debts +€50,667
up €50,667 (+15.2%), from €333,414 to €384,081
- Debts after one year -€36,451
down €36,451 (-14.8%), from €246,184 to €209,733
- Current portion of long-term debt -€30,869
down €30,869 (-24.8%), from €124,465 to €93,596
- Gross operating margin +€116,584
up €116,584 (+11.9%), from €975,710 to €1.1m
- Taxes +€33,416
up €33,416 (+112.8%), from €29,630 to €63,045
- Staff costs +€17,430
up €17,430 (+2.2%), from €782,765 to €800,194
- Depreciation +€14,040
up €14,040 (+19.3%), from €72,631 to €86,671
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,731,639 | €1,887,307 | +€155,668 | +9.0% |
| Fixed assets | 21/28 | €675,761 | €687,333 | +€11,572 | +1.7% |
| Intangible fixed assets | 21 | €194,759 | €178,759 | -€16,000 | -8.2% |
| Tangible fixed assets | 22/27 | €481,002 | €508,574 | +€27,572 | +5.7% |
| Land and buildings | 22 | €318,016 | €303,995 | -€14,020 | -4.4% |
| Plant, machinery and equipment | 23 | €72,266 | €73,587 | +€1,321 | +1.8% |
| Furniture and vehicles | 24 | €90,721 | €130,992 | +€40,271 | +44.4% |
| Current assets | 29/58 | €1,055,877 | €1,199,974 | +€144,097 | +13.6% |
| Stocks and contracts in progress | 3 | €240,156 | €253,718 | +€13,562 | +5.6% |
| Stocks | 30/36 | €140,633 | €146,718 | +€6,085 | +4.3% |
| Contracts in progress | 37 | €99,523 | €107,000 | +€7,477 | +7.5% |
| Amounts receivable within one year | 40/41 | €490,729 | €547,659 | +€56,930 | +11.6% |
| Trade receivables | 40 | €405,072 | €457,033 | +€51,961 | +12.8% |
| Other amounts receivable | 41 | €85,657 | €90,626 | +€4,969 | +5.8% |
| Cash at bank and in hand | 54/58 | €324,992 | €398,597 | +€73,605 | +22.6% |
| Total equity and liabilities | 10/49 | €1,731,639 | €1,887,307 | +€155,668 | +9.0% |
| Equity | 10/15 | €968,129 | €1,079,675 | +€111,546 | +11.5% |
| Contributions | 10/11 | €118,600 | €118,600 | = | 0.0% |
| Reserves | 13 | €411,724 | €523,271 | +€111,546 | +27.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €372,364 | €483,911 | +€111,546 | +30.0% |
| Profit (loss) carried forward | 14 | €437,804 | €437,804 | = | 0.0% |
| Amounts payable | 17/49 | €763,510 | €807,632 | +€44,122 | +5.8% |
| Amounts payable after more than one year | 17 | €246,184 | €209,733 | -€36,451 | -14.8% |
| Financial debts | 170/4 | €246,184 | €209,733 | -€36,451 | -14.8% |
| Amounts payable within one year | 42/48 | €517,326 | €597,899 | +€80,573 | +15.6% |
| Current portion of amounts payable after more than one year | 42 | €124,465 | €93,596 | -€30,869 | -24.8% |
| Trade debts | 44 | €333,414 | €384,081 | +€50,667 | +15.2% |
| Suppliers | 440/4 | €333,414 | €384,081 | +€50,667 | +15.2% |
| Taxes, remuneration and social security | 45 | €41,753 | €96,903 | +€55,150 | +132.1% |
| Taxes | 450/3 | - | €63,045 | +€63,045 | |
| Remuneration and social security | 454/9 | €41,753 | €33,858 | -€7,895 | -18.9% |
| Other amounts payable | 47/48 | €17,694 | €23,319 | +€5,625 | +31.8% |
| Non-recurring operating income | 76A | €6,348 | - | -€6,348 | |
| Remuneration, social security and pensions | 62 | €782,765 | €800,194 | +€17,430 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,631 | €86,671 | +€14,040 | +19.3% |
| Other operating charges | 640/8 | €11,980 | €12,722 | +€742 | +6.2% |
| Gross operating margin | 9900 | €975,710 | €1,092,293 | +€116,584 | +11.9% |
| Operating profit (loss) | 9901 | €108,334 | €192,706 | +€84,372 | +77.9% |
| Financial income | 75/76B | €575 | €849 | +€275 | +47.8% |
| Recurring financial income | 75 | €575 | €849 | +€275 | +47.8% |
| Financial charges | 65/66B | €13,532 | €18,964 | +€5,432 | +40.1% |
| Recurring financial charges | 65 | €13,532 | €18,964 | +€5,432 | +40.1% |
| Profit (loss) for the period before taxes | 9903 | €95,377 | €174,592 | +€79,215 | +83.1% |
| Income taxes | 67/77 | €29,630 | €63,045 | +€33,416 | +112.8% |
| Profit (loss) for the period | 9904 | €65,747 | €111,546 | +€45,799 | +69.7% |
| Profit (loss) for the period to be appropriated | 9905 | €65,747 | €111,546 | +€45,799 | +69.7% |
Source: filed annual accounts (NBB), fiscal years ended 28 February 2025 and 28 February 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.