TA-CLIMA SYSTEMS: 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.
What changed
TA-CLIMA SYSTEMS
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€235,793
2024 · €88,659+€147,134
Equity
€402,408
2024 · €236,615+€165,793
Cash
€1,265
2024 · €20+€1,245
Balance sheet total
€1.2m
2024 · €443,614+€777,946
Largest movements
Assets
- Tangible fixed assets +€574,797
up €574,797 (+622%), from €92,424 to €667,222
of which Land and buildings: +€587,420
- Receivables within one year +€198,863
up €198,863 (+113%), from €176,512 to €375,375
of which Trade receivables: +€167,410
Equity and liabilities
- Debts after one year +€449,811
up €449,811 (+1,428%), from €31,510 to €481,321
- Reserves +€165,793
up €165,793 (+71.0%), from €233,615 to €399,408
- Other debts +€70,000
new in 2025: €70,000
- Short-term financial debts +€69,850
new in 2025: €69,850
- Current portion of long-term debt +€31,707
up €31,707 (+273%), from €11,612 to €43,319
Income statement
- Gross operating margin +€287,578
up €287,578 (+105%), from €273,455 to €561,033
- Staff costs +€71,099
up €71,099 (+52.8%), from €134,670 to €205,769
- Taxes +€37,867
up €37,867 (+133%), from €28,550 to €66,417
- Financial charges +€16,464
up €16,464 (+190%), from €8,658 to €25,122
- Depreciation +€7,619
up €7,619 (+39.3%), from €19,408 to €27,027
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.
Result 2024
€88,659
Gross operating margin
+€287,578
Staff costs
-€71,099
Depreciation
-€7,619
Other operating charges
-€7,056
Other operating items
-€4,120
Financial income
+€3,781
Financial charges
-€16,464
Taxes
-€37,867
Result 2025
€235,793
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€121,702
Investment
-€601,824
Financing
+€481,367
Cash 2024
€20
From operations (derived)
+€121,702
Net result for the year
+€235,793
Depreciation
+€27,027
Stocks and contracts
-€4,235
Receivables within one year
-€198,863
Deferred charges and accrued income
+€1,194
Trade debts
-€11,763
Tax, wage and social debts
+€2,548
Other debts
+€70,000
Investment (derived)
-€601,824
Investment in fixed assets (net)
-€601,824
Financing
+€481,367
Debts after one year
+€449,811
Current portion of long-term debt
+€31,707
Short-term financial debts
+€69,850
Contributions, distributions and other
-€70,000
Cash 2025
€1,265
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €443,614 | €1,221,560 | +€777,946 | +175% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €94,905 | €669,702 | +€574,797 | +606% |
| Tangible fixed assets | 22/27 | €92,424 | €667,222 | +€574,797 | +622% |
| Land and buildings | 22 | - | €587,420 | +€587,420 | |
| Plant, machinery and equipment | 23 | €80,387 | €66,020 | -€14,367 | -17.9% |
| Furniture and vehicles | 24 | €6,480 | €8,608 | +€2,128 | +32.8% |
| Other tangible fixed assets | 26 | €5,557 | €5,173 | -€384 | -6.9% |
| Financial fixed assets | 28 | €2,481 | €2,481 | = | 0.0% |
| Current assets | 29/58 | €348,709 | €551,858 | +€203,149 | +58.3% |
| Amounts receivable after more than one year | 29 | €160,000 | €160,000 | = | 0.0% |
| Other amounts receivable | 291 | €160,000 | €160,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €10,385 | €14,620 | +€4,235 | +40.8% |
| Stocks | 30/36 | €10,385 | €14,620 | +€4,235 | +40.8% |
| Amounts receivable within one year | 40/41 | €176,512 | €375,375 | +€198,863 | +113% |
| Trade receivables | 40 | €131,319 | €298,729 | +€167,410 | +127% |
| Other amounts receivable | 41 | €45,193 | €76,645 | +€31,453 | +69.6% |
| Cash at bank and in hand | 54/58 | €20 | €1,265 | +€1,245 | +6,259% |
| Deferred charges and accrued income | 490/1 | €1,792 | €598 | -€1,194 | -66.6% |
| Total equity and liabilities | 10/49 | €443,614 | €1,221,560 | +€777,946 | +175% |
| Equity | 10/15 | €236,615 | €402,408 | +€165,793 | +70.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €233,615 | €399,408 | +€165,793 | +71.0% |
| Distributable reserves | 133 | €233,615 | €399,408 | +€165,793 | +71.0% |
| Amounts payable | 17/49 | €206,999 | €819,152 | +€612,153 | +296% |
| Amounts payable after more than one year | 17 | €31,510 | €481,321 | +€449,811 | +1,428% |
| Financial debts | 170/4 | €31,510 | €481,321 | +€449,811 | +1,428% |
| Amounts payable within one year | 42/48 | €175,489 | €337,831 | +€162,342 | +92.5% |
| Current portion of amounts payable after more than one year | 42 | €11,612 | €43,319 | +€31,707 | +273% |
| Financial debts | 43 | - | €69,850 | +€69,850 | |
| Credit institutions | 430/8 | - | €69,850 | +€69,850 | |
| Trade debts | 44 | €69,170 | €57,407 | -€11,763 | -17.0% |
| Suppliers | 440/4 | €69,170 | €57,407 | -€11,763 | -17.0% |
| Taxes, remuneration and social security | 45 | €94,707 | €97,255 | +€2,548 | +2.7% |
| Taxes | 450/3 | €81,413 | €76,306 | -€5,107 | -6.3% |
| Remuneration and social security | 454/9 | €13,294 | €20,949 | +€7,655 | +57.6% |
| Other amounts payable | 47/48 | - | €70,000 | +€70,000 | |
| Remuneration, social security and pensions | 62 | €134,670 | €205,769 | +€71,099 | +52.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,408 | €27,027 | +€7,619 | +39.3% |
| Other operating charges | 640/8 | €2,199 | €9,255 | +€7,056 | +321% |
| Non-recurring operating charges | 66A | - | €4,120 | +€4,120 | |
| Gross operating margin | 9900 | €273,455 | €561,033 | +€287,578 | +105% |
| Operating profit (loss) | 9901 | €117,177 | €314,862 | +€197,685 | +169% |
| Financial income | 75/76B | €8,690 | €12,471 | +€3,781 | +43.5% |
| Recurring financial income | 75 | €8,690 | €12,471 | +€3,781 | +43.5% |
| Financial charges | 65/66B | €8,658 | €25,122 | +€16,464 | +190% |
| Recurring financial charges | 65 | €8,658 | €25,122 | +€16,464 | +190% |
| Profit (loss) for the period before taxes | 9903 | €117,209 | €302,211 | +€185,001 | +158% |
| Income taxes | 67/77 | €28,550 | €66,417 | +€37,867 | +133% |
| Profit (loss) for the period | 9904 | €88,659 | €235,793 | +€147,134 | +166% |
| Profit (loss) for the period to be appropriated | 9905 | €88,659 | €235,793 | +€147,134 | +166% |
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 18 October 2026 via checked.be.