VS KLIMA 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.
VS KLIMA SYSTEMS
Largest movements
- Cash +€61,296
up €61,296 (+52.4%), from €117,035 to €178,331
mainly Net result for the year (+€70,848) and Trade debts (+€54,860)
- Tangible fixed assets +€11,938
up €11,938 (+23.0%), from €52,010 to €63,948
of which Other tangible fixed assets: +€14,026
- Receivables within one year -€9,581
down €9,581 (-4.2%), from €228,419 to €218,838
of which Trade receivables: -€34,256
- Stocks and contracts +€6,200
new in 2024: €6,200
- Reserves +€95,984
new in 2024: €95,984
- Accrued charges and deferred income -€79,194
no longer reported in 2024 (was €79,194)
- Trade debts +€54,860
up €54,860 (+37.8%), from €145,322 to €200,182
- Profit (loss) carried forward -€25,136
down €25,136 (-26.2%), from €95,984 to €70,848
- Short-term financial debts +€12,539
new in 2024: €12,539
- Gross operating margin -€24,087
down €24,087 (-17.0%), from €141,818 to €117,730
- Taxes -€6,548
down €6,548 (-20.4%), from €32,147 to €25,599
- Depreciation +€6,519
up €6,519 (+59.4%), from €10,966 to €17,485
- Financial charges +€1,551
up €1,551 (+92.4%), from €1,678 to €3,230
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €398,430 | €468,190 | +€69,760 | +17.5% |
| Fixed assets | 21/28 | €52,010 | €63,948 | +€11,938 | +23.0% |
| Tangible fixed assets | 22/27 | €52,010 | €63,948 | +€11,938 | +23.0% |
| Plant, machinery and equipment | 23 | €17,041 | €13,041 | -€4,000 | -23.5% |
| Furniture and vehicles | 24 | €34,968 | €36,880 | +€1,912 | +5.5% |
| Other tangible fixed assets | 26 | - | €14,026 | +€14,026 | |
| Current assets | 29/58 | €346,421 | €404,242 | +€57,821 | +16.7% |
| Stocks and contracts in progress | 3 | - | €6,200 | +€6,200 | |
| Stocks | 30/36 | - | €6,200 | +€6,200 | |
| Amounts receivable within one year | 40/41 | €228,419 | €218,838 | -€9,581 | -4.2% |
| Trade receivables | 40 | €204,718 | €170,463 | -€34,256 | -16.7% |
| Other amounts receivable | 41 | €23,700 | €48,375 | +€24,675 | +104% |
| Cash at bank and in hand | 54/58 | €117,035 | €178,331 | +€61,296 | +52.4% |
| Deferred charges and accrued income | 490/1 | €967 | €873 | -€94 | -9.7% |
| Total equity and liabilities | 10/49 | €398,430 | €468,190 | +€69,760 | +17.5% |
| Equity | 10/15 | €98,984 | €169,832 | +€70,848 | +71.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €95,984 | +€95,984 | |
| Distributable reserves | 133 | - | €95,984 | +€95,984 | |
| Profit (loss) carried forward | 14 | €95,984 | €70,848 | -€25,136 | -26.2% |
| Amounts payable | 17/49 | €299,446 | €298,358 | -€1,088 | -0.4% |
| Amounts payable after more than one year | 17 | €31,779 | €32,711 | +€931 | +2.9% |
| Financial debts | 170/4 | €31,779 | €32,711 | +€931 | +2.9% |
| Amounts payable within one year | 42/48 | €188,473 | €265,647 | +€77,175 | +40.9% |
| Current portion of amounts payable after more than one year | 42 | €9,207 | €9,593 | +€386 | +4.2% |
| Financial debts | 43 | - | €12,539 | +€12,539 | |
| Credit institutions | 430/8 | - | €12,539 | +€12,539 | |
| Trade debts | 44 | €145,322 | €200,182 | +€54,860 | +37.8% |
| Suppliers | 440/4 | €145,322 | €200,182 | +€54,860 | +37.8% |
| Taxes, remuneration and social security | 45 | €32,474 | €43,073 | +€10,599 | +32.6% |
| Taxes | 450/3 | €32,474 | €43,073 | +€10,599 | +32.6% |
| Other amounts payable | 47/48 | €1,470 | €261 | -€1,209 | -82.2% |
| Accrued charges and deferred income | 492/3 | €79,194 | - | -€79,194 | |
| Remuneration, social security and pensions | 62 | €103 | - | -€103 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,966 | €17,485 | +€6,519 | +59.4% |
| Other operating charges | 640/8 | €993 | €569 | -€424 | -42.7% |
| Gross operating margin | 9900 | €141,818 | €117,730 | -€24,087 | -17.0% |
| Operating profit (loss) | 9901 | €129,755 | €99,676 | -€30,079 | -23.2% |
| Financial income | 75/76B | €54 | €0 | -€54 | -99.7% |
| Recurring financial income | 75 | €54 | €0 | -€54 | -99.7% |
| Financial charges | 65/66B | €1,678 | €3,230 | +€1,551 | +92.4% |
| Recurring financial charges | 65 | €1,678 | €3,230 | +€1,551 | +92.4% |
| Profit (loss) for the period before taxes | 9903 | €128,131 | €96,447 | -€31,685 | -24.7% |
| Income taxes | 67/77 | €32,147 | €25,599 | -€6,548 | -20.4% |
| Profit (loss) for the period | 9904 | €95,984 | €70,848 | -€25,136 | -26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €95,984 | €70,848 | -€25,136 | -26.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.