LD CLIMAT: 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.
LD CLIMAT
Largest movements
- Receivables within one year -€41,462
down €41,462 (-65.7%), from €63,130 to €21,667
of which Trade receivables: -€42,539
- Intangible fixed assets -€33,000
down €33,000 (-29.6%), from €111,347 to €78,347
- Deferred charges and accrued income +€13,365
up €13,365 (+1,428%), from €936 to €14,301
- Cash +€11,568
up €11,568 (+92.8%), from €12,471 to €24,039
mainly Receivables within one year (+€41,462) and Depreciation (+€36,065)
- Tangible fixed assets -€5,798
down €5,798 (-56.2%), from €10,312 to €4,514
of which Furniture and vehicles: -€4,272
- Other debts -€35,781
down €35,781 (-81.5%), from €43,921 to €8,140
- Trade debts -€28,548
down €28,548 (-55.6%), from €51,372 to €22,823
- Profit (loss) carried forward +€20,773
up €20,773 (+219%), from €9,464 to €30,237
- Debts after one year -€14,846
down €14,846 (-26.3%), from €56,501 to €41,655
- Tax, wage and social debts +€3,282
up €3,282 (+47.2%), from €6,949 to €10,230
- Gross operating margin +€9,258
up €9,258 (+15.6%), from €59,505 to €68,763
- Staff costs -€1,720
down €1,720 (-80.5%), from €2,135 to €415
- Taxes +€1,175
up €1,175 (+25.9%), from €4,528 to €5,702
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 | €199,195 | €145,418 | -€53,777 | -27.0% |
| Fixed assets | 21/28 | €121,659 | €83,861 | -€37,798 | -31.1% |
| Intangible fixed assets | 21 | €111,347 | €78,347 | -€33,000 | -29.6% |
| Tangible fixed assets | 22/27 | €10,312 | €4,514 | -€5,798 | -56.2% |
| Plant, machinery and equipment | 23 | €5,213 | €3,687 | -€1,526 | -29.3% |
| Furniture and vehicles | 24 | €5,099 | €827 | -€4,272 | -83.8% |
| Financial fixed assets | 28 | - | €1,000 | +€1,000 | |
| Current assets | 29/58 | €77,536 | €61,557 | -€15,979 | -20.6% |
| Stocks and contracts in progress | 3 | €1,000 | €1,550 | +€550 | +55.0% |
| Stocks | 30/36 | €1,000 | €1,550 | +€550 | +55.0% |
| Amounts receivable within one year | 40/41 | €63,130 | €21,667 | -€41,462 | -65.7% |
| Trade receivables | 40 | €57,393 | €14,854 | -€42,539 | -74.1% |
| Other amounts receivable | 41 | €5,737 | €6,814 | +€1,077 | +18.8% |
| Cash at bank and in hand | 54/58 | €12,471 | €24,039 | +€11,568 | +92.8% |
| Deferred charges and accrued income | 490/1 | €936 | €14,301 | +€13,365 | +1,428% |
| Total equity and liabilities | 10/49 | €199,195 | €145,418 | -€53,777 | -27.0% |
| Equity | 10/15 | €26,237 | €47,010 | +€20,773 | +79.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €11,773 | €11,773 | = | 0.0% |
| Distributable reserves | 133 | €11,773 | €11,773 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,464 | €30,237 | +€20,773 | +219% |
| Amounts payable | 17/49 | €172,958 | €98,408 | -€74,550 | -43.1% |
| Amounts payable after more than one year | 17 | €56,501 | €41,655 | -€14,846 | -26.3% |
| Financial debts | 170/4 | €56,501 | €41,655 | -€14,846 | -26.3% |
| Amounts payable within one year | 42/48 | €116,422 | €56,039 | -€60,382 | -51.9% |
| Current portion of amounts payable after more than one year | 42 | €14,181 | €14,846 | +€665 | +4.7% |
| Trade debts | 44 | €51,372 | €22,823 | -€28,548 | -55.6% |
| Suppliers | 440/4 | €51,372 | €22,823 | -€28,548 | -55.6% |
| Taxes, remuneration and social security | 45 | €6,949 | €10,230 | +€3,282 | +47.2% |
| Taxes | 450/3 | €6,949 | €10,230 | +€3,282 | +47.2% |
| Other amounts payable | 47/48 | €43,921 | €8,140 | -€35,781 | -81.5% |
| Accrued charges and deferred income | 492/3 | €36 | €714 | +€678 | +1,910% |
| Non-recurring operating income | 76A | - | €10,601 | +€10,601 | |
| Remuneration, social security and pensions | 62 | €2,135 | €415 | -€1,720 | -80.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,666 | €36,065 | +€399 | +1.1% |
| Other operating charges | 640/8 | €1,048 | €797 | -€251 | -23.9% |
| Gross operating margin | 9900 | €59,505 | €68,763 | +€9,258 | +15.6% |
| Operating profit (loss) | 9901 | €20,656 | €31,485 | +€10,829 | +52.4% |
| Financial income | 75/76B | €297 | €12 | -€285 | -96.0% |
| Recurring financial income | 75 | €297 | €12 | -€285 | -96.0% |
| Financial charges | 65/66B | €4,652 | €5,022 | +€369 | +7.9% |
| Recurring financial charges | 65 | €4,652 | €5,022 | +€369 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €16,301 | €26,475 | +€10,175 | +62.4% |
| Income taxes | 67/77 | €4,528 | €5,702 | +€1,175 | +25.9% |
| Profit (loss) for the period | 9904 | €11,773 | €20,773 | +€9,000 | +76.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,773 | €20,773 | +€9,000 | +76.4% |
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 17 October 2026 via checked.be.