Thermoklima: 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.
Thermoklima
Largest movements
- Receivables within one year -€8,043
down €8,043 (-27.8%), from €28,933 to €20,890
of which Trade receivables: -€6,702
- Stocks and contracts -€1,445
down €1,445 (-37.3%), from €3,871 to €2,427
- Cash +€711
up €711 (+43.4%), from €1,636 to €2,347
mainly Receivables within one year (+€8,043) and Net result for the year (+€6,478)
- Profit (loss) carried forward +€6,478
up €6,478 (+16.5%), from -€39,203 to -€32,725
- Other debts -€6,423
down €6,423 (-89.6%), from €7,169 to €745
- Trade debts -€6,087
down €6,087 (-21.7%), from €28,042 to €21,956
- Advances received -€5,970
down €5,970 (-31.5%), from €18,970 to €13,000
- Short-term financial debts +€1,950
up €1,950 (+24.6%), from €7,934 to €9,884
- Gross operating margin -€5,911
down €5,911 (-35.6%), from €16,625 to €10,714
- Financial charges +€1,311
up €1,311 (+117%), from €1,124 to €2,435
- Other operating charges -€770
down €770 (-86.5%), from €890 to €120
- Taxes +€589
up €589 (+256%), from €230 to €819
- Depreciation +€293
up €293 (+49.5%), from €592 to €885
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 | €36,024 | €27,553 | -€8,471 | -23.5% |
| Fixed assets | 21/28 | €1,583 | €1,890 | +€306 | +19.3% |
| Tangible fixed assets | 22/27 | €1,583 | €1,890 | +€306 | +19.3% |
| Plant, machinery and equipment | 23 | €23 | - | -€23 | |
| Furniture and vehicles | 24 | €1,560 | €1,890 | +€329 | +21.1% |
| Current assets | 29/58 | €34,441 | €25,664 | -€8,777 | -25.5% |
| Stocks and contracts in progress | 3 | €3,871 | €2,427 | -€1,445 | -37.3% |
| Stocks | 30/36 | €3,871 | €2,427 | -€1,445 | -37.3% |
| Amounts receivable within one year | 40/41 | €28,933 | €20,890 | -€8,043 | -27.8% |
| Trade receivables | 40 | €27,262 | €20,561 | -€6,702 | -24.6% |
| Other amounts receivable | 41 | €1,671 | €329 | -€1,341 | -80.3% |
| Cash at bank and in hand | 54/58 | €1,636 | €2,347 | +€711 | +43.4% |
| Total equity and liabilities | 10/49 | €36,024 | €27,553 | -€8,471 | -23.5% |
| Equity | 10/15 | -€26,543 | -€20,065 | +€6,478 | +24.4% |
| Contributions | 10/11 | €10,800 | €10,800 | = | 0.0% |
| Contributions outside capital | 11 | €10,800 | €10,800 | = | 0.0% |
| Other | 1109/19 | €10,800 | €10,800 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,203 | -€32,725 | +€6,478 | +16.5% |
| Amounts payable | 17/49 | €62,567 | €47,618 | -€14,949 | -23.9% |
| Amounts payable within one year | 42/48 | €62,567 | €47,618 | -€14,949 | -23.9% |
| Financial debts | 43 | €7,934 | €9,884 | +€1,950 | +24.6% |
| Credit institutions | 430/8 | €7,934 | €9,884 | +€1,950 | +24.6% |
| Trade debts | 44 | €28,042 | €21,956 | -€6,087 | -21.7% |
| Suppliers | 440/4 | €28,042 | €21,956 | -€6,087 | -21.7% |
| Advances received on contracts in progress | 46 | €18,970 | €13,000 | -€5,970 | -31.5% |
| Taxes, remuneration and social security | 45 | €452 | €2,033 | +€1,581 | +350% |
| Taxes | 450/3 | €452 | €2,033 | +€1,581 | +350% |
| Other amounts payable | 47/48 | €7,169 | €745 | -€6,423 | -89.6% |
| Remuneration, social security and pensions | 62 | €143 | - | -€143 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €592 | €885 | +€293 | +49.5% |
| Other operating charges | 640/8 | €890 | €120 | -€770 | -86.5% |
| Gross operating margin | 9900 | €16,625 | €10,714 | -€5,911 | -35.6% |
| Operating profit (loss) | 9901 | €15,001 | €9,709 | -€5,292 | -35.3% |
| Financial income | 75/76B | €15 | €23 | +€8 | +50.4% |
| Recurring financial income | 75 | €15 | €23 | +€8 | +50.4% |
| Financial charges | 65/66B | €1,124 | €2,435 | +€1,311 | +117% |
| Recurring financial charges | 65 | €1,124 | €2,435 | +€1,311 | +117% |
| Profit (loss) for the period before taxes | 9903 | €13,891 | €7,296 | -€6,595 | -47.5% |
| Income taxes | 67/77 | €230 | €819 | +€589 | +256% |
| Profit (loss) for the period | 9904 | €13,662 | €6,478 | -€7,184 | -52.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,662 | €6,478 | -€7,184 | -52.6% |
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 23 October 2026 via checked.be.