ECOTIC Clima

In line with its strategy of specialisation and expansion, the Fundación ECOTIC Board of Trustees promoted the creation of a new entity: Fundación ECOTIC Clima, which was officially authorised on 15 March 2024 after completing procedures begun in 2022. This new foundation focuses on managing WEEE in both domestic and professional air-conditioning categories.

 

In its first authorised financial year, Fundación ECOTIC Clima closed with a profit of €4,797. Of total expenditure, 67.1% went directly to waste management (transport, collection, treatment and related services), while structural costs represented 19.3% and communication costs 12.9%.

Fundación ECOTIC Balance Sheet

31 December 2024 (euros)

ASSETS

NON-CURRENT ASSETS25,440
Intangible assets5,440
Long-term financial investments20,000
CURRENT ASSETS767,680
Receivables from users and other operating receivables451,563
Trade receivables and other accounts receivable180,012
Cash and cash equivalents136,105
TOTAL ASSETS793,120

LIABILITIES

EQUITY18,529
Initial capital30,000
Retained earnings from previous years-16,268
Profit for the year4,797
LIABILITIES774,591
Trade payables and other accounts payable774,591
TOTAL EQUITY AND LIABILITIES793,120

Fundación ECOTIC Income Statement

31 december 2024 (euros)

CONTINUOUS OPERATIONS

OPERATING REVENUE2,543,129
Supplies-2,044,871
Other operating expenses-490,250
Depreciation and amortization of fixed assets-860
OPERATING PROFIT7,148
Financial expenses and others-2,351
FINANCIAL RESULT-2,351
RPROFIT BEFORE TAX4,797
Income tax4,797
PROFIT FOR THE YEAR4,797