Financials
- Financial year
- 2025
- Total assets
- €682,988
- Profit
- €1,536
- Solvency
- 34.1%
Total assets▲ 5.8%
Net result
20182025
CLIMASAN
ActiveSummary
CLIMASAN has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €233,056 and a net result of €1,536. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 37% of 9,799 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
General electrical installation work
NACE 43211Installation of electric heating, air conditioning, cooling and ventilation NACE 43222
1 site
Size
€682,988total assets 2025
- Staff
- 6.5 FTE
- Equity
- €233,056
- Profit
- €1,536
Turnover not published (abbreviated or micro format)
Structure
- Parent
- Castic · 100%
- BV CasticDirector · permanent representative Hannes Casselman
2025 accounts 15 days early2 of 4 deeds summarised
Why 69raises riskSize: 6.5 FTE, total assets €682,988Sector: Specialised construction activities (NACE 43)lowers riskFounded in 2013Figures for financial year 2025 (filed 16-07-2026)Show the evidence
Checked score
Score 2025
69
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 32% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency
59-2
equity 34.1% of total assets
Liquidity
43=
short-term debt 43.0% · cash 11.3%
Profitability
44-40
return on assets 0.2%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.6%
12-2024: 0.6%● unchanged vs 11-2024
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.5%▼ -0.1 percentage points vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025lowest value
07-2025: 0.7%▲ +0.2 percentage points vs 06-2025
08-2025: 0.7%● unchanged vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.8%▲ +0.1 percentage points vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.9%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.6%▼ -0.3 percentage points vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €16,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.31, compared with 1.4 in 2024, below the usual 1.5; short-term debt: 43% and cash: 11.3% of total assets), and 65.9% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 36% on solvency, 33% on liquidity, 21% on profitability and 37% on growth.
The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 days early
2024
12 days early
2023
34 days early
2022
42 days early
2021
41 days early
2020
40 days early
2019
25 days 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 30 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Weakest financial yearnet €1,536 ▼98%
- Annual accounts filedfinancial year 2024 · abbreviated…
Key points
By topic
Board & ownership
- Board
- 1 member
- Parent
- Castic · 100%
- BV CasticDirector
Timeline
- Events
- 19
- Since
- 2015
- Next accounts
- by 31-07-2027
- 09-04-2025Resignation: Christiaan Pieters (director)
- 31-12-2024Highest result from 2018 to 2025
- 31-12-2024Equity above €200,000
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 03-07-2013
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
See the provisions in the deeds
Go to Articles of associationKey facts about CLIMASAN
- What is the company number of CLIMASAN?
- 0536.376.445. In Belgium the VAT number is the company number with BE in front: BE 0536.376.445.
- Where is CLIMASAN based?
- The registered office is at Tulpenstraat 15, 9810 Nazareth-De Pinte.Company details
- What does CLIMASAN do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of CLIMASAN?
- Private limited company (BV).
- When was CLIMASAN founded?
- On 03-07-2013.
- Is CLIMASAN still active?
- Yes, CLIMASAN is an active enterprise in the KBO register.
- How many employees does CLIMASAN have?
- On average 6.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of CLIMASAN?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is CLIMASAN profitable?
- In financial year 2025, CLIMASAN made a profit of €1,536.
- Where can I find the annual accounts of CLIMASAN?
- CLIMASAN filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CLIMASAN due?
- By 31-07-2027, for financial year 2026.Timeline
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