KLIMATIM: 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.
KLIMATIM
Largest movements
- Receivables within one year +€31,610
up €31,610 (+62.2%), from €50,787 to €82,397
of which Trade receivables: +€42,319
- Tangible fixed assets -€21,583
down €21,583 (-11.9%), from €181,474 to €159,891
of which Land and buildings: -€17,016
- Stocks and contracts +€21,155
up €21,155 (+82.1%), from €25,779 to €46,933
of which Contracts in progress: +€13,713
- Receivables after one year -€15,000
down €15,000 (-100%), from €15,000 to €0
- Cash -€10,195
down €10,195 (-97.0%), from €10,506 to €311
mainly Contributions, distributions and other (-€40,000) and Receivables within one year (-€31,610)
- Reserves -€40,000
down €40,000 (-28.8%), from €138,759 to €98,759
- Short-term financial debts +€29,482
up €29,482, from €0 to €29,482
- Trade debts +€18,929
up €18,929 (+104%), from €18,169 to €37,099
- Debts after one year -€17,794
down €17,794 (-17.8%), from €100,069 to €82,276
of which Financial debts: -€10,314
- Other debts +€15,966
up €15,966 (+399%), from €4,000 to €19,966
- Gross operating margin +€5,492
up €5,492 (+7.5%), from €73,246 to €78,738
- Taxes +€1,378
up €1,378 (+1,026%), from €134 to €1,513
- Other operating charges +€982
up €982 (+49.1%), from €1,999 to €2,982
- Depreciation -€892
down €892 (-4.2%), from €21,440 to €20,548
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 | €286,565 | €300,768 | +€14,204 | +5.0% |
| Fixed assets | 21/28 | €181,474 | €159,891 | -€21,583 | -11.9% |
| Tangible fixed assets | 22/27 | €181,474 | €159,891 | -€21,583 | -11.9% |
| Land and buildings | 22 | €170,959 | €153,943 | -€17,016 | -10.0% |
| Plant, machinery and equipment | 23 | €2,245 | €44 | -€2,201 | -98.0% |
| Furniture and vehicles | 24 | €8,269 | €5,903 | -€2,366 | -28.6% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €105,091 | €140,878 | +€35,787 | +34.1% |
| Amounts receivable after more than one year | 29 | €15,000 | €0 | -€15,000 | -100% |
| Trade receivables | 290 | €15,000 | €0 | -€15,000 | -100% |
| Stocks and contracts in progress | 3 | €25,779 | €46,933 | +€21,155 | +82.1% |
| Stocks | 30/36 | €20,103 | €27,545 | +€7,442 | +37.0% |
| Contracts in progress | 37 | €5,676 | €19,389 | +€13,713 | +242% |
| Amounts receivable within one year | 40/41 | €50,787 | €82,397 | +€31,610 | +62.2% |
| Trade receivables | 40 | €34,126 | €76,445 | +€42,319 | +124% |
| Other amounts receivable | 41 | €16,661 | €5,952 | -€10,709 | -64.3% |
| Cash at bank and in hand | 54/58 | €10,506 | €311 | -€10,195 | -97.0% |
| Deferred charges and accrued income | 490/1 | €3,019 | €11,236 | +€8,216 | +272% |
| Total equity and liabilities | 10/49 | €286,565 | €300,768 | +€14,204 | +5.0% |
| Equity | 10/15 | €141,309 | €105,250 | -€36,059 | -25.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €138,759 | €98,759 | -€40,000 | -28.8% |
| Distributable reserves | 133 | €138,759 | €98,759 | -€40,000 | -28.8% |
| Profit (loss) carried forward | 14 | -€3,650 | €290 | +€3,941 | |
| Amounts payable | 17/49 | €145,255 | €195,519 | +€50,263 | +34.6% |
| Amounts payable after more than one year | 17 | €100,069 | €82,276 | -€17,794 | -17.8% |
| Financial debts | 170/4 | €12,925 | €2,611 | -€10,314 | -79.8% |
| Other amounts payable | 178/9 | €87,144 | €79,665 | -€7,479 | -8.6% |
| Amounts payable within one year | 42/48 | €45,186 | €113,243 | +€68,057 | +151% |
| Current portion of amounts payable after more than one year | 42 | €17,364 | €17,794 | +€430 | +2.5% |
| Financial debts | 43 | €0 | €29,482 | +€29,482 | |
| Credit institutions | 430/8 | €0 | €29,482 | +€29,482 | |
| Trade debts | 44 | €18,169 | €37,099 | +€18,929 | +104% |
| Suppliers | 440/4 | €18,169 | €37,099 | +€18,929 | +104% |
| Taxes, remuneration and social security | 45 | €5,653 | €8,903 | +€3,249 | +57.5% |
| Taxes | 450/3 | €530 | €1,647 | +€1,117 | +211% |
| Remuneration and social security | 454/9 | €5,124 | €7,256 | +€2,132 | +41.6% |
| Other amounts payable | 47/48 | €4,000 | €19,966 | +€15,966 | +399% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €44,640 | €44,594 | -€46 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,440 | €20,548 | -€892 | -4.2% |
| Other operating charges | 640/8 | €1,999 | €2,982 | +€982 | +49.1% |
| Non-recurring operating charges | 66A | €3,956 | €0 | -€3,956 | -100% |
| Gross operating margin | 9900 | €73,246 | €78,738 | +€5,492 | +7.5% |
| Operating profit (loss) | 9901 | €1,210 | €10,614 | +€9,404 | +777% |
| Financial income | 75/76B | €1,101 | €894 | -€207 | -18.8% |
| Recurring financial income | 75 | €1,101 | €894 | -€207 | -18.8% |
| Financial charges | 65/66B | €5,884 | €6,055 | +€171 | +2.9% |
| Recurring financial charges | 65 | €5,884 | €6,055 | +€171 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,573 | €5,453 | +€9,026 | |
| Income taxes | 67/77 | €134 | €1,513 | +€1,378 | +1,026% |
| Profit (loss) for the period | 9904 | -€3,707 | €3,941 | +€7,648 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,707 | €3,941 | +€7,648 |
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 20 October 2026 via checked.be.