Climaeys
ActiveThe computed 12-month bankruptcy probability of Climaeys is 1.9% (moderate). The 2025 annual accounts show equity of €37k and a net result of €16k. Equity is growing by ~33% per year across the filed fiscal years. Its solvency ranks better than 30% of 27407 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
83
/ 100
Excellent▼ -3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+63
Solvency50▼-49
Growth52=
Stability100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.22 against 4.14 in 2024), and 70.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.2%
Return on assets
12.6%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-06-2026, 57 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
57 d early
2024
23 d early
2023
15 d early
2022
35 d early
2021
33 d early
2020
27 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€37k▼ 65.7%
2024 · €109k
2020: €27k
2021: €44k
2022: €71k
2023: €102k
2024: €109k
2020 → 2025
Total assets
€128k▼ 25.4%
2024 · €171k
2020: €46k
2021: €90k
2022: €128k
2023: €138k
2024: €171k
2020 → 2025
Net result
€16k▲ 98.2%
2024 · €8k
2020: €18k
2021: €18k
2022: €27k
2023: €32k
2024: €8k
2020 → 2025
Working capital
€17k▼ 81.5%
2024 · €89k
2020: €23k
2021: €31k
2022: €49k
2023: €80k
2024: €89k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€44k-€71k▲ 59.1%€102k▲ 43.5%€109k▲ 7.1%€37k▼ 65.7%
Operating result€23k-€38k▲ 62.4%€41k▲ 8.9%€11k▼ 74.0%€22k▲ 104%
Net result€18k-€27k▲ 48.0%€32k▲ 16.9%€8k▼ 74.4%€16k▲ 98.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 104% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €128k
Fixed assets
€37k▼ 31.4%
Current assets
€91k▼ 22.6%
Equity and liabilities €128k
Equity
€37k▼ 65.7%
Debt
€90k▲ 44.9%
The debt ratio rises from 36.5% to 70.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€39k▲
2024 · €25k
Cash flow
€33k▲
2024 · €22k
Solvency
29.2%▼
2024 · 63.5%
Current ratio
1.22▼
2024 · 4.14
Quick ratio
1.10▼
2024 · 3.74
Debt / equity
2.42▲
2024 · 0.57
ROE
43.0%▲
2024 · 7.5%
ROA
12.6%▲
2024 · 4.7%
Interest coverage
26.52▲
2024 · 20.97
Debt
€90k▲
2024 · €62k
Debt ≤ 1 year
€75k▲
2024 · €28k
Debt > 1 year
€16k▼
2024 · €25k
Income taxes
€4k▲
2024 · €2k
Staff costs
€1k▼
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€171k€128k▼
Fixed assets21/28€53k€37k▼
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€51k€35k▼
Plant, machinery and equipment23€1k€745▼
Furniture and vehicles24€50k€35k▼
Current assets29/58€118k€91k▼
Stocks and contracts in progress3€11k€9k▼
Stocks30/36€11k€9k▼
Amounts receivable within one year40/41€33k€9k▼
Trade receivables40€12k€2k▼
Other amounts receivable41€21k€7k▼
Current investments50/53€0-
Cash at bank and in hand54/58€70k€69k▼
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€171k€128k▼
Equity10/15€109k€37k▼
Contributions10/11€10k€10k=
Reserves13€99k€27k▼
Distributable reserves133€99k€27k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€62k€90k▲
Amounts payable after more than one year17€25k€16k▼
Financial debts170/4€25k€16k▼
Amounts payable within one year42/48€28k€75k▲
Current portion of amounts payable after more than one year42€11k€10k▼
Trade debts44€14k€2k▼
Suppliers440/4€14k€2k▼
Taxes, remuneration and social security45€67€2k▲
Taxes450/3€67€89▲
Remuneration and social security454/9-€2k
Other amounts payable47/48€4k€61k▲
Accrued charges and deferred income492/3€9k€225▼
Income statement
Code20242025
Remuneration, social security and pensions62€6k€1k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€17k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€32k€42k▲
Operating profit (loss)9901€11k€22k▲
Financial income75/76B€244€25▼
Recurring financial income75€244€25▼
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€10k€20k▲
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€8k€16k▲
Profit (loss) for the period to be appropriated9905€8k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€16k▲
Transfer from equity791/2-€73k
Transfer to equity691/2€7k€1k▼
To other reserves6921€7k€1k▼
Profit to be distributed694/7€859€88k▲
Return on contributions (dividend)694€859€88k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €8k ▼74.4%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2020net €32k ▲16.9%
Operating result €41k, net result €32k, both a record.
31-12
Financial
Equity above €100kEq €102k ▲43.5%
4 profitable years in a row build equity to €102k.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Waasmunster · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Oudeheerweg-Ruiter 139250 WaasmunsterGround area
2,393 m²
Building footprint
141 m²
Volume, LiDAR
813 m³
Parcel 42023A1291/00D000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Climaeys
since 20192.293.303.197
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42023A1291/00D000 | Flanders | 2,393 m² | 1 · 141 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
CHAUFFAGE ET SANITAIRE C. DEWEZ
BE 0740.727.830
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HEAT ENERGY
BE 0819.874.484
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KRISN
BE 0760.672.020
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Group Nys & Vandevelde
BE 0468.863.455
Tielt-Winge · Eq €37k
ENTREPRISES VERHELLEN
BE 0438.979.339
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Of 9,478 companies in sector 43222 we hold annual accounts for 5,625. 4,212 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-09-2019
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.