Climatech
BankruptcyThe KBO register records for Climatech the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show equity of €69k and a net result of €-32k.
Signals
Two signals.
+raises risk○neutral
Financials · fiscal year 2021, micro schema
Equity
€69k▼ 31.7%
2020 · €102k
2018: €95k
2019: €104k
2020: €102k
2018 → 2021
Total assets
€480k▼ 15.7%
2020 · €569k
2018: €613k
2019: €577k
2020: €569k
2018 → 2021
Net result
€-32k▼ 1,436%
2020 · €-2k
2018: €7k
2019: €9k
2020: €-2k
2018 → 2021
Working capital
€140k▼ 22.3%
2020 · €180k
2018: €172k
2019: €180k
2020: €180k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€95k-€104k▲ 9.0%€102k▼ 2.0%€69k▼ 31.7%
Operating result€20k-€34k▲ 72.8%€-2k€58k
Net result€7k-€9k▲ 29.7%€-2k€-32k▼ 1,436%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €58k after a loss of €2k in 2020, the highest year so far.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €480k
Fixed assets
€196k▼ 5.1%
Current assets
€284k▼ 21.7%
Equity and liabilities €480k
Equity
€69k▼ 31.7%
Debt
€410k▼ 12.2%
The debt ratio rises from 82.1% to 85.5%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€76k▲
2020 · €17k
Cash flow
€-14k▼
2020 · €17k
Solvency
14.5%▼
2020 · 17.9%
Current ratio
1.97▼
2020 · 1.98
Quick ratio
1.72▼
2020 · 1.81
Debt / equity
5.90▲
2020 · 4.59
ROE
-46.5%▼
2020 · -2.1%
ROA
-6.7%▼
2020 · -0.4%
Interest coverage
0.84▼
2020 · 1.18
Debt
€410k▼
2020 · €467k
Debt ≤ 1 year
€144k▼
2020 · €183k
Debt > 1 year
€266k▼
2020 · €284k
Staff costs
€86k▼
2020 · €105k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€569k€480k▼
Fixed assets21/28€207k€196k▼
Tangible fixed assets22/27€204k€194k▼
Land and buildings22€204k€187k▼
Plant, machinery and equipment23-€6k
Furniture and vehicles24-€1k
Financial fixed assets28€2k€2k=
Current assets29/58€362k€284k▼
Stocks and contracts in progress3€31k€35k▲
Stocks30/36€8k€8k=
Contracts in progress37€23k€27k▲
Amounts receivable within one year40/41€308k€238k▼
Trade receivables40€243k€215k▼
Other amounts receivable41€66k€22k▼
Cash at bank and in hand54/58€23k€11k▼
Equity and liabilities
Total equity and liabilities10/49€569k€480k▼
Equity10/15€102k€69k▼
Contributions10/11€50k€50k=
Capital10€50k€50k=
Issued capital100€50k€50k=
Reserves13€34k€34k=
Non-distributable reserves130/1€5k€5k=
Legal reserve130€5k€5k=
Distributable reserves133€29k€29k=
Profit (loss) carried forward14€18k€-15k▼
Amounts payable17/49€467k€410k▼
Amounts payable after more than one year17€284k€266k▼
Financial debts170/4€284k€266k▼
Amounts payable within one year42/48€183k€144k▼
Current portion of amounts payable after more than one year42€17k€18k▲
Trade debts44€91k€49k▼
Suppliers440/4€91k€49k▼
Taxes, remuneration and social security45€74k€76k▲
Taxes450/3€33k€31k▼
Remuneration and social security454/9€41k€45k▲
Other amounts payable47/48-€536
Income statement
Code20202021
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€105k€86k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€18k▼
Other operating charges640/8€5k€13k▲
Gross operating margin9900€127k€174k▲
Operating profit (loss)9901€-2k€58k▲
Financial income75/76B€18k€154▼
Recurring financial income75€18k€154▼
Financial charges65/66B€15k€90k▲
Recurring financial charges65€15k€90k▲
Profit (loss) for the period before taxes9903€1k€-32k▼
Income taxes67/77€4k-
Profit (loss) for the period9904€-2k€-32k▼
Profit (loss) for the period to be appropriated9905€-2k€-32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€-15k▼
Profit (loss) brought forward from the previous period14P€20k€18k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
22-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 234 days late
11-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 529 days late
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 608 days late
31-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 974 days late
2021
31-12
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series.
2019
31-12
Financial
Highest result since 2018net €9k ▲29.7%
Net result €9k, the highest in the series.
31-12
Financial
Equity above €100kEq €104k ▲9%
2 profitable years in a row build equity to €104k.
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
24-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
09-04
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Antwerpen · 1 establishment unit since 2012
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.
Paulus Beyestraat 392100 AntwerpenGround area
1,420 m²
Building footprint
838 m²
Volume, LiDAR
3,189 m³
Parcel 11344A0523/00L018, Flanders · tallest building 11.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CLIMATECH
since 20122.214.821.685
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11344A0523/00L018 | Flanders | 1,419 m² | 1 · 838 m² | 11.5 m · 1 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.
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Of 6,993 companies in sector 43221 we hold annual accounts for 3,445. 3,016 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded20-08-2012
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
46150Agents in the wholesale of furniture, household goods and hardware
Sources
Crossroads Bank for EnterprisesNational Bank · 9 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.