Financials
- Fiscal year
- 2025
- Total assets
- €4.8m
- Profit
- €103,211
- Solvency
- 19.3%
Total assets▲ 54.4%
Net result
20212025
Climanova
ActiveSummary
Climanova has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €929,708 and a net result of €103,211. Equity is growing by ~33% per year across the filed fiscal years. Its solvency ranks better than 20% of 2204 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
What they do
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222Engineering and related technical consultancy, excluding land surveyors NACE 71121
1 site
How big
€4.8mtotal assets 2025
- Staff
- 8.4 FTE
- Equity
- €929,708
- Profit
- €103,211
Net result -60%: other schema
Who decides
Accounts filed 55 d late0 of 1 deed read
Why 69- Latest accounts 55 days late; 1 of the last 3 late- Founded in 2021+ Liquidity: current ratio 1.22, cash €2.5m+ Size: 8.4 FTE, total assets €4.8mShow the evidence
Checked score
Score 2025
69
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 44% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
44-8
equity 19.3% of total assets
Liquidity
57+27
short-term debt 78.2% · cash 52.4%
Profitability
71-8
return on assets 2.1%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.3%
12-2024: 0.3%● 0.0% vs 11-2024
01-2025: 0.2%▼ -24.9% vs 12-2024lowest value
02-2025: 0.2%● 0.0% vs 01-2025lowest value
03-2025: 0.3%▲ +17.7% vs 02-2025
04-2025: 0.3%▲ +18.4% vs 03-2025
05-2025: 0.3%▲ +4.1% vs 04-2025
06-2025: 0.5%▲ +52.4% vs 05-2025
07-2025: 0.6%▲ +13.2% vs 06-2025
08-2025: 0.5%▼ -13.3% vs 07-2025
09-2025: 0.5%● 0.0% vs 08-2025
10-2025: 0.5%● 0.0% vs 09-2025
11-2025: 0.5%▲ +3.7% vs 10-2025
12-2025: 0.5%● 0.0% vs 11-2025
01-2026: 0.5%▼ -0.8% vs 12-2025
02-2026: 0.5%● 0.0% vs 01-2026
03-2026: 0.6%▲ +17.8% vs 02-2026
04-2026: 0.7%▲ +15.6% vs 03-2026
05-2026: 0.7%▲ +4.9% vs 04-2026
06-2026: 0.8%▲ +8.3% vs 05-2026
07-2026: 0.9%▲ +19.9% vs 06-2026
08-2026: 1.5%▲ +60.0% vs 07-2026
09-2026: 1.8%▲ +17.1% vs 08-2026highest value
10-2026: 0.7%▼ -60.3% vs 09-2026
- Liquidity: current ratio 1.22, cash €2.5m lowers the probability
- Latest accounts 55 days late; 1 of the last 3 late raises the probability
- Founded in 2021 raises the probability for this profile
- Size: 8.4 FTE, total assets €4.8m lowers the probability for this profile
Credit up to €60,000 at 30 days acceptable
Liquidity tight (current ratio 1.22 against 1.33 in 2024; short-term debt: 78.2% and cash: 52.4% of total assets), and 80.7% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 21%, liquidity 54%, profitability 41%, growth against the median 58%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 2204 sector peers (2025).
NBB · sector comparisonPosition among 2204 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 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 · 5 filingsDeviation from the deadline
2025
55 d late
2024
30 d early
2023
44 d early
2022
34 d early
2021
37 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 18 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 27 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2024 · abbreviated…
- Highest result since 2021net €259,882 ▲21.7%
Key points
By topic
Timeline
- Events
- 8
- Since
- 2022
- Next accounts
- by 31-07-2027
- 24-09-2026Annual accounts filed
- 01-07-2025Annual accounts filed
- 31-12-2024Highest result since 2021
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Installation of electric heating, air conditioning, cooling and…NACE 43222
- Founded
- 20-05-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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