CLIMAFED
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 28-04-2026 PDF all 9 filings
Every figure per financial year
The operating result for 2025 is a profit of €19,073, after a loss of €49,663 in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | - | €9,672 | - | - |
| Depreciation and write-downs of the year | - | €661 | €2,114 | €2,114 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €661 | €2,114 | €2,114 | = |
| Other operating charges640/8 | - | - | €125 | - | - |
| Gross operating margin9900 | €24,694 | €1,419 | -€47,425 | €21,186 | - |
| Operating profit (loss)9901 | €24,694 | €758 | -€49,663 | €19,073 | - |
| Financial income75/76B | €0 | €1 | €1 | €0 | ▼ 18.3% |
| Recurring financial income75 | €0 | €1 | €1 | €0 | ▼ 18.3% |
| Financial charges65/66B | €39 | €86 | €45 | €282 | ▲ 527% |
| Recurring financial charges65 | €39 | €86 | €45 | €282 | ▲ 527% |
| Profit (loss) for the period before taxes9903 | €24,655 | €673 | -€49,708 | €18,791 | - |
| Profit (loss) for the period9904 | €24,655 | €673 | -€49,708 | €18,791 | - |
| Profit (loss) for the period to be appropriated9905 | €24,655 | €673 | -€49,708 | €18,791 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €150,993 | €170,409 | €118,497 | €129,166 | ▲ 9.0% |
| Fixed assets21/28 | - | €9,011 | €6,897 | €4,783 | ▼ 30.6% |
| Tangible fixed assets22/27 | - | €9,011 | €6,897 | €4,783 | ▼ 30.6% |
| Plant, machinery and equipment23 | - | €9,011 | €6,897 | €4,783 | ▼ 30.6% |
| Current assets29/58 | €150,993 | €161,398 | €111,600 | €124,382 | ▲ 11.5% |
| Amounts receivable within one year40/41 | €10,628 | €24,721 | €32,978 | €5,177 | ▼ 84.3% |
| Trade receivables40 | €454 | - | - | - | - |
| Other amounts receivable41 | €10,174 | €24,721 | €32,978 | €5,177 | ▼ 84.3% |
| Cash at bank and in hand54/58 | €140,337 | €136,646 | €78,588 | €116,632 | ▲ 48.4% |
| Deferred charges and accrued income490/1 | €28 | €32 | €34 | €2,573 | ▲ 76× |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €150,993 | €170,409 | €118,497 | €129,166 | ▲ 9.0% |
| Equity10/15 | €150,837 | €151,510 | €101,802 | €120,593 | ▲ 18.5% |
| Contributions10/11 | €43,763 | €43,763 | €43,763 | €43,763 | = |
| Capital10 | €43,763 | €43,763 | €43,763 | €43,763 | = |
| Profit (loss) carried forward14 | €107,074 | €107,747 | €58,039 | €76,830 | ▲ 32.4% |
| Amounts payable17/49 | €156 | €18,900 | €16,695 | €8,573 | ▼ 48.7% |
| Amounts payable within one year42/48 | €156 | €18,900 | €16,695 | €8,573 | ▼ 48.7% |
| Trade debts44 | €156 | €18,900 | €16,695 | €8,573 | ▼ 48.7% |
| Suppliers440/4 | €156 | €18,900 | €16,695 | €8,573 | ▼ 48.7% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,655 | €673 | -€49,708 | €18,791 | - |
| + Depreciation and write-downs630 | - | €661 | €2,114 | €2,114 | = |
| Operating cash flow (approximation) | €24,655 | €1,334 | -€47,594 | €20,904 | - |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | - |
| Change in cash | - | -€3,691 | -€58,057 | €38,044 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as CLIMAFED has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CLIMAFED itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for CLIMAFED. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 28-04-2026 | 2026-00094714 | |
| 31-12-2024 | abbreviated format | 28-04-2025 | 2025-00079398 | |
| 31-12-2023 | abbreviated format | 15-05-2024 | 2024-00088556 | |
| 31-12-2022 | abbreviated format | 11-05-2023 | 2023-00085725 | |
| 31-12-2017 | full format | 23-05-2018 | 2018-13900513 | |
| 31-12-2016 | full format | 13-06-2017 | 2017-17900420 | |
| 31-12-2015 | full format | 16-06-2016 | 2016-18900374 | |
| 31-12-2014 | full format | 03-09-2015 | 2015-58000013 | |
| 31-12-2013 | full format | 06-08-2014 | 2014-41100275 |