ACM Clima
ActiveSummary
ACM Clima has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €222,360 and a net result of -€33,604. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 67% of 2083 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability14▼-59
Solvency81▲+18
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 2.2 against 1.85 in 2024; short-term debt: 35.7% and cash: 15.6% of total assets), and 43.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
36 d early
2023
36 d early
2022
33 d early
2021
23 d early
2020
33 d early
2019
44 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 25 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#4 oldest company in Tubize, Construction sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€33,604
2024 · €31,805
Working capital
€168,925▼ 14.2%
2024 · €196,994
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€143,978▲ 60.2%€49,850▼ 65.4%€125,548▲ 152%€61,520▼ 51.0%-€25,407
Net result€94,508above the sector's middle half▲ 42.9%€24,661within the sector's middle half▼ 73.9%€80,608within the sector's middle half▲ 227%€31,805within the sector's middle half▼ 60.5%-€33,604below the sector's middle half
Equity€350,639within the sector's middle half▲ 7.0%€372,324within the sector's middle half▲ 6.2%€350,958within the sector's middle half▼ 5.7%€326,788within the sector's middle half▼ 6.9%€222,360within the sector's middle half▼ 32.0%
Total assets€932,075within the sector's middle half▼ 5.0%€960,943within the sector's middle half▲ 3.1%€1.0mwithin the sector's middle half▲ 8.3%€853,434within the sector's middle half▼ 18.0%€394,529below the sector's middle half▼ 53.8%
Debt€581,437▼ 11.1%€588,618▲ 1.2%€689,626▲ 17.2%€526,647▼ 23.6%€172,169▼ 67.3%
Working capital€254,368within the sector's middle half▲ 6.3%€270,371within the sector's middle half▲ 6.3%€309,079within the sector's middle half▲ 14.3%€196,994within the sector's middle half▼ 36.3%€168,925within the sector's middle half▼ 14.2%
Solvency37.6%within the sector's middle half▲ 4.2pp38.7%within the sector's middle half▲ 1.1pp33.7%within the sector's middle half▼ 5.0pp38.3%within the sector's middle half▲ 4.6pp56.4%within the sector's middle half▲ 18.1pp
Current ratio2.07within the sector's middle half▲ 0.152.01within the sector's middle half▼ 0.062.07within the sector's middle half▲ 0.061.85within the sector's middle half▼ 0.222.20within the sector's middle half▲ 0.35
Return on assets (ROA)10.1%within the sector's middle half▲ 3.4pp2.6%within the sector's middle half▼ 7.6pp7.7%within the sector's middle half▲ 5.2pp3.7%within the sector's middle half▼ 4.0pp-8.5%below the sector's middle half▼ 12.2pp
Staff (FTE)8.2within the sector's middle half▲ 2.5%8.4within the sector's middle half▲ 2.4%8.2within the sector's middle half▼ 2.4%6.9within the sector's middle half▼ 15.9%6.9within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €25,407 after €61,520 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €394,529
Fixed assets
€84,695 ▼ 80.1%
Current assets
€309,834 ▼ 27.8%
Equity and liabilities €394,529
Equity
€222,360 ▼ 32.0%
Debt
€172,169 ▼ 67.3%
Debt's share of the balance-sheet total falls from 61.7% to 43.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€8,029▼
2024 · €123,606
Cash flow
-€169▼
2024 · €93,891
Debt to equity
0.77▼
2024 · 1.61
ROE
-15.1%▼
2024 · 9.7%
Interest coverage
0.75▼
2024 · 8.86
Debt ≤ 1 year
€140,909▼
2024 · €231,898
Debt > 1 year
€31,260▼
2024 · €294,748
Income taxes
€96▼
2024 · €19,307
Staff costs
€456,696▼
2024 · €469,143
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €396,585 | €433,670 | €434,780 | €469,143 | €456,696 | ▼ 2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €46,629 | €53,035 | €54,003 | €62,086 | €33,436 | ▼ 46.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €25,533 | - | - | - |
| Other operating charges640/8 | €12,048 | €11,048 | €12,891 | €8,381 | €19,569 | ▲ 133% |
| Gross operating margin9900 | €599,241 | €547,603 | €652,754 | €601,130 | €484,293 | ▼ 19.4% |
| Operating profit (loss)9901 | €143,978 | €49,850 | €125,548 | €61,520 | -€25,407 | ▼ 141% |
| Financial income75/76B | €2,980 | €2,975 | €2,975 | €3,540 | €2,550 | ▼ 28.0% |
| Recurring financial income75 | €2,980 | €2,975 | €2,975 | €3,540 | €2,550 | ▼ 28.0% |
| Financial charges65/66B | €12,206 | €11,739 | €11,758 | €13,949 | €10,652 | ▼ 23.6% |
| Recurring financial charges65 | €12,206 | €11,739 | €11,758 | €13,949 | €10,652 | ▼ 23.6% |
| Profit (loss) for the period before taxes9903 | €134,752 | €41,085 | €116,765 | €51,112 | -€33,509 | ▼ 166% |
| Income taxes67/77 | €40,244 | €16,425 | €36,156 | €19,307 | €96 | ▼ 99.5% |
| Profit (loss) for the period9904 | €94,508 | €24,661 | €80,608 | €31,805 | -€33,604 | ▼ 206% |
| Profit (loss) for the period to be appropriated9905 | €94,508 | €24,661 | €80,608 | €31,805 | -€33,604 | ▼ 206% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €932,075 | €960,943 | €1.0m | €853,434 | €394,529 | ▼ 53.8% |
| Fixed assets21/28 | €440,858 | €424,162 | €442,973 | €424,542 | €84,695 | ▼ 80.1% |
| Tangible fixed assets22/27 | €440,858 | €424,162 | €442,973 | €424,542 | €84,695 | ▼ 80.1% |
| Land and buildings22 | €344,500 | €325,400 | €306,300 | €287,200 | - | - |
| Plant, machinery and equipment23 | €52,861 | €45,346 | €37,832 | €30,748 | €1,073 | ▼ 96.5% |
| Furniture and vehicles24 | €29,879 | €44,097 | €93,822 | €105,876 | €83,622 | ▼ 21.0% |
| Leasing and similar rights25 | €13,619 | €9,319 | €5,019 | €719 | - | - |
| Current assets29/58 | €491,217 | €536,781 | €597,611 | €428,892 | €309,834 | ▼ 27.8% |
| Amounts receivable after more than one year29 | - | - | €32,275 | - | - | - |
| Other amounts receivable291 | - | - | €32,275 | - | - | - |
| Amounts receivable within one year40/41 | €181,065 | €317,286 | €286,128 | €269,679 | €234,481 | ▼ 13.1% |
| Trade receivables40 | €146,101 | €288,773 | €264,860 | €241,645 | €197,365 | ▼ 18.3% |
| Other amounts receivable41 | €34,964 | €28,513 | €21,268 | €28,035 | €37,116 | ▲ 32.4% |
| Current investments50/53 | €72,922 | €97,922 | €97,922 | €10,318 | €1,325 | ▼ 87.2% |
| Cash at bank and in hand54/58 | €221,448 | €104,150 | €173,542 | €145,524 | €61,502 | ▼ 57.7% |
| Deferred charges and accrued income490/1 | €15,781 | €17,423 | €7,745 | €3,371 | €12,527 | ▲ 272% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €932,075 | €960,943 | €1.0m | €853,434 | €394,529 | ▼ 53.8% |
| Equity10/15 | €350,639 | €372,324 | €350,958 | €326,788 | €222,360 | ▼ 32.0% |
| Contributions10/11 | €84,284 | €84,284 | €84,284 | €84,284 | €71,957 | ▼ 14.6% |
| Capital10 | €84,284 | €84,284 | €84,284 | €84,284 | €71,957 | ▼ 14.6% |
| Issued capital100 | €84,284 | €84,284 | €84,284 | €84,284 | €71,957 | ▼ 14.6% |
| Reserves13 | €182,828 | €207,428 | €233,928 | €212,628 | €161,041 | ▼ 24.3% |
| Non-distributable reserves130/1 | €8,428 | €8,428 | €8,428 | €8,428 | €7,196 | ▼ 14.6% |
| Legal reserve130 | €8,428 | €8,428 | €8,428 | €8,428 | €7,196 | ▼ 14.6% |
| Distributable reserves133 | €174,400 | €199,000 | €225,500 | €204,200 | €153,845 | ▼ 24.7% |
| Profit (loss) carried forward14 | €45,692 | €45,752 | €861 | €965 | -€32,780 | ▼ 3,496% |
| Investment grants15 | €37,834 | €34,860 | €31,885 | €28,910 | €22,142 | ▼ 23.4% |
| Amounts payable17/49 | €581,437 | €588,618 | €689,626 | €526,647 | €172,169 | ▼ 67.3% |
| Amounts payable after more than one year17 | €344,588 | €322,208 | €327,872 | €294,748 | €31,260 | ▼ 89.4% |
| Financial debts170/4 | €344,588 | €322,208 | €327,872 | €294,748 | €31,260 | ▼ 89.4% |
| Amounts payable within one year42/48 | €236,849 | €266,410 | €288,533 | €231,898 | €140,909 | ▼ 39.2% |
| Current portion of amounts payable after more than one year42 | €78,285 | €80,135 | €90,201 | €92,201 | €47,097 | ▼ 48.9% |
| Trade debts44 | €41,948 | €144,738 | €49,054 | €80,141 | €42,301 | ▼ 47.2% |
| Suppliers440/4 | €41,948 | €144,738 | €49,054 | €80,141 | €42,301 | ▼ 47.2% |
| Taxes, remuneration and social security45 | €48,115 | €41,536 | €50,277 | €59,556 | €31,022 | ▼ 47.9% |
| Taxes450/3 | €10,755 | €2,460 | €11,709 | €25,890 | - | - |
| Remuneration and social security454/9 | €37,360 | €39,076 | €38,568 | €33,667 | €31,022 | ▼ 7.9% |
| Other amounts payable47/48 | €68,500 | - | €99,000 | - | €20,490 | - |
| Accrued charges and deferred income492/3 | - | - | €73,222 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €94,508 | €24,661 | €80,608 | €31,805 | -€33,604 | ▼ 206% |
| + Depreciation and write-downs630 | €46,629 | €53,035 | €54,003 | €62,086 | €33,436 | ▼ 46.1% |
| Operating cash flow (approximation) | €141,138 | €77,695 | €134,611 | €93,891 | -€169 | ▼ 100% |
| Investment in fixed assets (approximation) | - | -€36,338 | -€72,814 | -€43,656 | €306,411 | ▲ 802% |
| Change in cash | - | -€117,299 | €69,392 | -€28,018 | -€84,023 | ▼ 200% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
31-12
Financial
Weakest financial yearnet -€33,604
Net result drops to -€33,604, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €110,810 ▲51.5%
Operating result €180,866, net result €110,810, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
13 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tubize · 1 establishment unit since 1998
Ground area
1,198 m²
Building footprint
353 m²
Volume, LiDAR
2,095 m³
Parcel 25105A0466/00X000, Wallonia · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
ACM CLIMA
since 19982.076.960.931
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25105A0466/00X000 | Wallonia | 1,198 m² | 1 · 353 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
1 categoryACM Clima SA37734
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Of 4,093 companies in sector 43240 we hold annual accounts for 1,635. 1,264 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded20-05-1985
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
Contact
E-mail
info@acmclima.be
Phone
02/366.01.10
E-invoicing
Reachable via Peppol
Peppol ID
0208:0427192255
Also
9925:BE0427192255
Registered
14-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationExtraordinary general meeting
Agenda
Approbation des comptes annuels. Rapport du conseil d’administration. Divers. (20793) Belgalfa Construct, société anonyme, chaussée de Mons 1203, 1070 Bruxelles Numéro d’entreprise 0440.078.013 Assemblée générale le 9 juin 2005, à 17 h 30 m, au siège social. Agenda : Rapport C.A. Approbation comptes annuels. Affectation résultat. Décharge administrateurs. Renouvellements des mandats. Divers. (20794) Carrières et Entreprises Berthe Marcel, société anonyme, route de Corenne 60, 5620 Florennes Numéro d’entreprise 0412.496.458 Assemblée générale le 15 juin 2005, à 11 heures, au siège social. Agenda : Rapport C.A. Approbation comptes annuels. Affectation résultat. Décharge administrateurs. Divers ...