TT Clima: what changed
Two fiscal 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.
TT Clima
Largest movements
- Cash +€119,022
up €119,022 (+20.6%), from €576,494 to €695,516
mainly Net result for the year (+€90,096) and Other debts (+€71,512)
- Receivables within one year -€15,797
down €15,797 (-34.6%), from €45,654 to €29,857
of which Other amounts receivable: -€12,163
- Other debts +€71,512
up €71,512 (+81.7%), from €87,553 to €159,064
- Reserves +€21,097
up €21,097 (+4.0%), from €521,085 to €542,182
- Tax, wage and social debts +€7,976
up €7,976, from €0 to €7,976
- Gross operating margin +€34,254
up €34,254 (+32.7%), from €104,612 to €138,866
- Financial charges +€9,038
up €9,038 (+883.1%), from €1,023 to €10,061
- Taxes +€7,956
up €7,956 (+28.0%), from €28,390 to €36,346
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.
Cash bridge derived
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 | €623,899 | €727,536 | +€103,637 | +16.6% |
| Fixed assets | 21/28 | €1,751 | €0 | -€1,751 | -100.0% |
| Tangible fixed assets | 22/27 | €1,751 | €0 | -€1,751 | -100.0% |
| Furniture and vehicles | 24 | €1,751 | €0 | -€1,751 | -100.0% |
| Current assets | 29/58 | €622,148 | €727,536 | +€105,388 | +16.9% |
| Amounts receivable within one year | 40/41 | €45,654 | €29,857 | -€15,797 | -34.6% |
| Trade receivables | 40 | €29,720 | €26,086 | -€3,634 | -12.2% |
| Other amounts receivable | 41 | €15,934 | €3,771 | -€12,163 | -76.3% |
| Cash at bank and in hand | 54/58 | €576,494 | €695,516 | +€119,022 | +20.6% |
| Deferred charges and accrued income | 490/1 | €0 | €2,163 | +€2,163 | |
| Total equity and liabilities | 10/49 | €623,899 | €727,536 | +€103,637 | +16.6% |
| Equity | 10/15 | €527,285 | €548,382 | +€21,097 | +4.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €521,085 | €542,182 | +€21,097 | +4.0% |
| Distributable reserves | 133 | €521,085 | €542,182 | +€21,097 | +4.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €96,615 | €179,154 | +€82,540 | +85.4% |
| Amounts payable within one year | 42/48 | €96,615 | €179,154 | +€82,540 | +85.4% |
| Trade debts | 44 | €8,150 | €8,729 | +€579 | +7.1% |
| Suppliers | 440/4 | €8,150 | €8,729 | +€579 | +7.1% |
| Advances received on contracts in progress | 46 | €912 | €3,384 | +€2,472 | +271.1% |
| Taxes, remuneration and social security | 45 | €0 | €7,976 | +€7,976 | |
| Taxes | 450/3 | €0 | €7,976 | +€7,976 | |
| Other amounts payable | 47/48 | €87,553 | €159,064 | +€71,512 | +81.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,973 | €1,751 | -€222 | -11.2% |
| Other operating charges | 640/8 | €975 | €1,004 | +€29 | +3.0% |
| Gross operating margin | 9900 | €104,612 | €138,866 | +€34,254 | +32.7% |
| Operating profit (loss) | 9901 | €101,665 | €136,111 | +€34,446 | +33.9% |
| Financial income | 75/76B | €350 | €391 | +€42 | +12.0% |
| Recurring financial income | 75 | €350 | €391 | +€42 | +12.0% |
| Financial charges | 65/66B | €1,023 | €10,061 | +€9,038 | +883.1% |
| Recurring financial charges | 65 | €1,023 | €10,061 | +€9,038 | +883.1% |
| Profit (loss) for the period before taxes | 9903 | €100,991 | €126,441 | +€25,450 | +25.2% |
| Income taxes | 67/77 | €28,390 | €36,346 | +€7,956 | +28.0% |
| Profit (loss) for the period | 9904 | €72,601 | €90,096 | +€17,494 | +24.1% |
| Profit (loss) for the period to be appropriated | 9905 | €72,601 | €90,096 | +€17,494 | +24.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.