CLIMAR
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 30-09-2024, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2024
31 d early
2023
56 d early
2022
47 d early
2021
on the day
2020
2 d early
2019
32 d early
2018
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 29 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.1m▲ 22.5%
2023 · €890,347
Total assets
€4.7m▲ 1.4%
2023 · €4.7m
Net result
€200,530▲ 1,687%
2023 · €11,221
Working capital
€262,564▲ 345%
2023 · €58,974
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€92,045▼ 61.1%€234,946▲ 155%-€180,848€86,087€275,033▲ 219%
Net result€13,751▼ 87.5%€126,866▲ 823%-€233,453€11,221€200,530▲ 1,687%
Equity€985,712▲ 1.4%€1.1m▲ 12.9%€879,126▼ 21.0%€890,347▲ 1.3%€1.1m▲ 22.5%
Total assets€5.1m▲ 29.3%€4.8m▼ 7.2%€4.7m▼ 2.5%€4.7m▲ 0.4%€4.7m▲ 1.4%
Debt€4.2m▲ 38.3%€3.7m▼ 11.9%€3.8m▲ 3.1%€3.8m▲ 0.1%€3.6m▼ 3.5%
Working capital-€541,841▼ 162%-€338,221▲ 37.6%-€9,590▲ 97.2%€58,974€262,564▲ 345%
Staff (FTE)1▼ 33.3%1=
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2024 Net result +1,687% on 2023. This fiscal year ran 9 months, the previous one 12.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 219% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.7m
Fixed assets
€4.2m ▼ 4.0%
Current assets
€579,723 ▲ 69.6%
Equity and liabilities €4.7m
Equity
€1.1m ▲ 22.5%
Debt
€3.6m ▼ 3.5%
Debt's share of the balance-sheet total falls from 80.9% to 77.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€485,528▲
2023 · €251,473
Cash flow
€411,025▲
2023 · €176,608
Current ratio
1.83▲
2023 · 1.21
Debt to equity
3.34▼
2023 · 4.25
ROE
18.4%▲
2023 · 1.3%
ROA
4.2%▲
2023 · 0.2%
Interest coverage
6.51▲
2023 · 3.19
Debt ≤ 1 year
€317,159▲
2023 · €282,767
Debt > 1 year
€3.3m▼
2023 · €3.5m
Income taxes
€703
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1,232 | - | - | - |
| Remuneration, social security and pensions62 | - | - | -€352 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €325,292 | €267,107 | €146,690 | €165,387 | €210,495 | ▲ 27.3% |
| Other operating charges640/8 | - | - | €458,712 | €19,650 | €28,878 | ▲ 47.0% |
| Non-recurring operating charges66A | - | - | €49,058 | €144,029 | - | - |
| Gross operating margin9900 | €504,842 | €571,190 | €473,260 | €415,152 | €514,405 | ▲ 23.9% |
| Operating profit (loss)9901 | €92,045 | €234,946 | -€180,848 | €86,087 | €275,033 | ▲ 219% |
| Financial income75/76B | - | - | €31,387 | €3,960 | €804 | ▼ 79.7% |
| Recurring financial income75 | €37 | €425 | €7 | €3,960 | €804 | ▼ 79.7% |
| Non-recurring financial income76B | - | - | €31,380 | - | - | - |
| Financial charges65/66B | - | - | €82,701 | €78,825 | €74,604 | ▼ 5.4% |
| Recurring financial charges65 | €71,631 | €68,506 | €82,701 | €78,825 | €74,604 | ▼ 5.4% |
| Profit (loss) for the period before taxes9903 | €20,451 | €166,865 | -€232,162 | €11,221 | €201,233 | ▲ 1,693% |
| Income taxes67/77 | €6,700 | €39,999 | €1,290 | - | €703 | - |
| Profit (loss) for the period9904 | €13,751 | €126,866 | -€233,453 | €11,221 | €200,530 | ▲ 1,687% |
| Profit (loss) for the period to be appropriated9905 | €13,751 | €126,866 | -€233,453 | €11,221 | €200,530 | ▲ 1,687% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.1m | €4.8m | €4.7m | €4.7m | €4.7m | ▲ 1.4% |
| Fixed assets21/28 | €5.1m | €4.6m | €4.5m | €4.3m | €4.2m | ▼ 4.0% |
| Tangible fixed assets22/27 | €5.1m | €4.6m | €4.5m | €4.3m | €4.2m | ▼ 4.0% |
| Land and buildings22 | - | - | €4.5m | €4.3m | €4.2m | ▼ 3.9% |
| Plant, machinery and equipment23 | - | - | €2,321 | €1,474 | - | - |
| Current assets29/58 | €64,223 | €133,080 | €172,295 | €341,741 | €579,723 | ▲ 69.6% |
| Amounts receivable within one year40/41 | €54,590 | €128,251 | €129,461 | €317,755 | €553,971 | ▲ 74.3% |
| Trade receivables40 | - | - | €38,322 | €14,700 | - | - |
| Other amounts receivable41 | - | - | €91,139 | €303,055 | €553,971 | ▲ 82.8% |
| Cash at bank and in hand54/58 | €6,649 | €1,759 | €42,833 | €23,986 | €25,752 | ▲ 7.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.1m | €4.8m | €4.7m | €4.7m | €4.7m | ▲ 1.4% |
| Equity10/15 | €985,712 | €1.1m | €879,126 | €890,347 | €1.1m | ▲ 22.5% |
| Contributions10/11 | - | - | €675,188 | €675,188 | €675,188 | = |
| Reserves13 | €227,395 | €327,395 | €327,395 | €327,395 | €415,000 | ▲ 26.8% |
| Non-distributable reserves130/1 | - | - | €27,395 | €27,395 | - | - |
| Reserves not available under the articles1311 | - | - | €27,395 | €27,395 | - | - |
| Distributable reserves133 | - | - | €300,000 | €300,000 | €415,000 | ▲ 38.3% |
| Profit (loss) carried forward14 | €83,130 | €109,996 | -€123,457 | -€112,235 | €690 | ▲ 101% |
| Amounts payable17/49 | €4.2m | €3.7m | €3.8m | €3.8m | €3.6m | ▼ 3.5% |
| Amounts payable after more than one year17 | €3.5m | €3.2m | €3.6m | €3.5m | €3.3m | ▼ 4.6% |
| Financial debts170/4 | - | - | €3.6m | €3.5m | €3.3m | ▼ 4.6% |
| Amounts payable within one year42/48 | €606,064 | €471,301 | €181,885 | €282,767 | €317,159 | ▲ 12.2% |
| Current portion of amounts payable after more than one year42 | - | - | €137,531 | €158,947 | €314,805 | ▲ 98.1% |
| Trade debts44 | €19,242 | €60,236 | €43,062 | €605 | €1,652 | ▲ 173% |
| Suppliers440/4 | - | - | €43,062 | €605 | €1,652 | ▲ 173% |
| Taxes, remuneration and social security45 | - | - | €1,293 | €27,174 | €703 | ▼ 97.4% |
| Taxes450/3 | - | - | €1,293 | €27,174 | €703 | ▼ 97.4% |
| Other amounts payable47/48 | - | - | - | €96,040 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €18,450 | €9,225 | ▼ 50.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,751 | €126,866 | -€233,453 | €11,221 | €200,530 | ▲ 1,687% |
| + Depreciation and write-downs630 | €325,292 | €267,107 | €146,690 | €165,387 | €210,495 | ▲ 27.3% |
| Operating cash flow (approximation) | €339,043 | €393,973 | -€86,762 | €176,608 | €411,025 | ▲ 133% |
| Investment in fixed assets (approximation) | - | €170,557 | €13,950 | -€12,547 | -€39,156 | ▼ 212% |
| Change in cash | - | -€4,890 | €41,074 | -€18,848 | €1,766 | ▲ 109% |
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
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Highest result since 2019net €200,530 ▲1,687%
Operating result €275,033, net result €200,530, both a record.
31-03
Financial
Equity above €1mEq €1.1m ▲22.5%
2 profitable years in a row build equity to €1.1m.
2023
06-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Back to profitnet €11,221
Net result €11,221 after one loss-making year.
2022
15-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Weakest financial yearnet -€233,453
Net result drops to -€233,453, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Equity above €1mEq €1.1m ▲12.9%
3 profitable years in a row build equity to €1.1m.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
24-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2017
24-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
24-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
06-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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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Structure & network
Owners and holdings
1 ownerOwners 1
- RETparentSourceaccounts RET 31-03-202495%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.