KLIMAWORX: what changed
KLIMAWORX
Largest movements
- Receivables within one year +€314,392
up €314,392 (+129%), from €243,973 to €558,366
of which Trade receivables: +€303,268
- Tangible fixed assets +€145,434
up €145,434 (+599%), from €24,270 to €169,704
of which Furniture and vehicles: +€112,047
- Cash -€136,769
down €136,769 (-62.7%), from €217,982 to €81,213
mainly Receivables within one year (-€314,392) and Investment in fixed assets (net) (-€176,378)
- Intangible fixed assets -€48,209
down €48,209 (-10.7%), from €450,137 to €401,927
- Reserves +€172,431
up €172,431 (+203%), from €85,051 to €257,482
- Trade debts +€153,583
up €153,583 (+37.4%), from €410,811 to €564,395
- Advances received -€60,205
down €60,205 (-73.1%), from €82,389 to €22,184
- Debts after one year -€55,779
down €55,779 (-14.6%), from €382,144 to €326,366
- Tax, wage and social debts +€41,785
up €41,785 (+63.6%), from €65,738 to €107,522
of which Taxes: +€23,826
- Gross operating margin +€257,514
up €257,514 (+51.9%), from €496,326 to €753,840
- Staff costs +€87,875
up €87,875 (+30.9%), from €284,723 to €372,599
- Write-downs +€42,011
up €42,011 (+1,017%), from €4,133 to €46,144
- Taxes +€23,782
up €23,782 (+67.8%), from €35,068 to €58,850
- Depreciation +€23,571
up €23,571 (+42.4%), from €55,582 to €79,154
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,123,775 | €1,386,743 | +€262,968 | +23.4% |
| Fixed assets | 21/28 | €474,407 | €571,631 | +€97,224 | +20.5% |
| Intangible fixed assets | 21 | €450,137 | €401,927 | -€48,209 | -10.7% |
| Tangible fixed assets | 22/27 | €24,270 | €169,704 | +€145,434 | +599% |
| Plant, machinery and equipment | 23 | €4,298 | €37,685 | +€33,387 | +777% |
| Furniture and vehicles | 24 | €19,972 | €132,019 | +€112,047 | +561% |
| Current assets | 29/58 | €649,368 | €815,112 | +€165,743 | +25.5% |
| Stocks and contracts in progress | 3 | €172,728 | €162,654 | -€10,074 | -5.8% |
| Stocks | 30/36 | €84,202 | €100,560 | +€16,358 | +19.4% |
| Contracts in progress | 37 | €88,526 | €62,094 | -€26,432 | -29.9% |
| Amounts receivable within one year | 40/41 | €243,973 | €558,366 | +€314,392 | +129% |
| Trade receivables | 40 | €184,815 | €488,083 | +€303,268 | +164% |
| Other amounts receivable | 41 | €59,158 | €70,282 | +€11,124 | +18.8% |
| Cash at bank and in hand | 54/58 | €217,982 | €81,213 | -€136,769 | -62.7% |
| Deferred charges and accrued income | 490/1 | €14,685 | €12,879 | -€1,807 | -12.3% |
| Total equity and liabilities | 10/49 | €1,123,775 | €1,386,743 | +€262,968 | +23.4% |
| Equity | 10/15 | €115,051 | €287,482 | +€172,431 | +150% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €85,051 | €257,482 | +€172,431 | +203% |
| Distributable reserves | 133 | €85,051 | €257,482 | +€172,431 | +203% |
| Amounts payable | 17/49 | €1,008,724 | €1,099,261 | +€90,537 | +9.0% |
| Amounts payable after more than one year | 17 | €382,144 | €326,366 | -€55,779 | -14.6% |
| Financial debts | 170/4 | €382,144 | €326,366 | -€55,779 | -14.6% |
| Amounts payable within one year | 42/48 | €625,905 | €772,895 | +€146,990 | +23.5% |
| Current portion of amounts payable after more than one year | 42 | €65,345 | €78,795 | +€13,450 | +20.6% |
| Trade debts | 44 | €410,811 | €564,395 | +€153,583 | +37.4% |
| Suppliers | 440/4 | €410,811 | €564,395 | +€153,583 | +37.4% |
| Advances received on contracts in progress | 46 | €82,389 | €22,184 | -€60,205 | -73.1% |
| Taxes, remuneration and social security | 45 | €65,738 | €107,522 | +€41,785 | +63.6% |
| Taxes | 450/3 | €35,068 | €58,894 | +€23,826 | +67.9% |
| Remuneration and social security | 454/9 | €30,669 | €48,628 | +€17,959 | +58.6% |
| Other amounts payable | 47/48 | €1,622 | €0 | -€1,622 | -100% |
| Accrued charges and deferred income | 492/3 | €675 | €0 | -€675 | -100% |
| Remuneration, social security and pensions | 62 | €284,723 | €372,599 | +€87,875 | +30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,582 | €79,154 | +€23,571 | +42.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,133 | €46,144 | +€42,011 | +1,017% |
| Other operating charges | 640/8 | €1,807 | €5,077 | +€3,270 | +181% |
| Non-recurring operating charges | 66A | - | €1,166 | +€1,166 | |
| Gross operating margin | 9900 | €496,326 | €753,840 | +€257,514 | +51.9% |
| Operating profit (loss) | 9901 | €150,080 | €249,700 | +€99,620 | +66.4% |
| Financial income | 75/76B | €333 | €161 | -€172 | -51.6% |
| Recurring financial income | 75 | €333 | €161 | -€172 | -51.6% |
| Financial charges | 65/66B | €30,294 | €18,581 | -€11,713 | -38.7% |
| Recurring financial charges | 65 | €30,294 | €18,581 | -€11,713 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | €120,119 | €231,281 | +€111,162 | +92.5% |
| Income taxes | 67/77 | €35,068 | €58,850 | +€23,782 | +67.8% |
| Profit (loss) for the period | 9904 | €85,051 | €172,431 | +€87,380 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €85,051 | €172,431 | +€87,380 | +103% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.