Climatt
ActiveSummary
The computed 12-month bankruptcy probability of Climatt is 1.8% (moderate). The 2025 annual accounts show equity of €109k and a net result of €33k. Equity is growing by ~23.9% per year across the filed fiscal years. Its solvency ranks better than 55% of 27965 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability88▼-7
Solvency77▲+13
Growth78=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 0.86 in 2024; short-term debt: 47.3% and cash: 34% of total assets), and 48% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52%
Return on assets
15.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
30 d late
2022
31 d late
2021
53 d early
2020
30 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Equity
€109k▲ 42.9%
2024 · €77k
Total assets
€211k▲ 8.0%
2024 · €195k
Net result
€33k▼ 19.1%
2024 · €41k
Working capital
€38k
2024 · €-15k
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
Line20212022202320242025
Operating result€66k▲ 112%€24k▼ 62.7%€61k▲ 150%€49k▼ 19.9%€44k▼ 8.9%
Net result€54k▲ 100%€20k▼ 63.7%€49k▲ 146%€41k▼ 16.3%€33k▼ 19.1%
Equity€83k▲ 193%€102k▲ 23.9%€36k▼ 64.9%€77k▲ 113%€109k▲ 42.9%
Total assets€155k▲ 37.4%€184k▲ 19.1%€200k▲ 8.2%€195k▼ 2.3%€211k▲ 8.0%
Debt€72k▼ 14.5%€82k▲ 13.5%€164k▲ 99.7%€118k▼ 27.6%€101k▼ 14.5%
Working capital€72k▲ 801%€49k▼ 32.2%€-10k€-15k▼ 53.2%€38k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €211k
Fixed assets
€73k ▼ 28.6%
Current assets
€137k ▲ 49.0%
Equity and liabilities €211k
Equity
€109k ▲ 42.9%
Debt
€101k ▼ 14.5%
Debt's share of the balance-sheet total falls from 60.7% to 48.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€75k▲
2024 · €70k
Cash flow
€63k▲
2024 · €62k
Current ratio
1.38▲
2024 · 0.86
Quick ratio
0.99▲
2024 · 0.59
Debt to equity
0.92▼
2024 · 1.55
ROE
30.0%▼
2024 · 53.0%
ROA
15.6%▼
2024 · 20.8%
Interest coverage
12.60▼
2024 · 84.81
Debt ≤ 1 year
€100k▼
2024 · €107k
Debt > 1 year
€0▼
2024 · €9k
Income taxes
€9k▼
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €300 | €2k | ▲ 451% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €14k | €23k | €22k | €30k | ▲ 40.4% |
| Other operating charges640/8 | €350 | €991 | €1k | €2k | €2k | ▼ 5.5% |
| Gross operating margin9900 | €77k | €39k | €85k | €72k | €76k | ▲ 5.9% |
| Operating profit (loss)9901 | €66k | €24k | €61k | €49k | €44k | ▼ 8.9% |
| Financial income75/76B | €3k | €2k | €2k | €2k | €3k | ▲ 34.6% |
| Recurring financial income75 | €3k | €2k | €2k | €2k | €3k | ▲ 34.6% |
| Financial charges65/66B | €276 | €2k | €1k | €830 | €6k | ▲ 615% |
| Recurring financial charges65 | €276 | €2k | €1k | €830 | €6k | ▲ 615% |
| Profit (loss) for the period before taxes9903 | €69k | €25k | €62k | €50k | €41k | ▼ 17.4% |
| Income taxes67/77 | €14k | €5k | €13k | €10k | €9k | ▼ 10.1% |
| Profit (loss) for the period9904 | €54k | €20k | €49k | €41k | €33k | ▼ 19.1% |
| Profit (loss) for the period to be appropriated9905 | €54k | €20k | €49k | €41k | €33k | ▼ 19.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €155k | €184k | €200k | €195k | €211k | ▲ 8.0% |
| Fixed assets21/28 | €12k | €92k | €71k | €103k | €73k | ▼ 28.6% |
| Intangible fixed assets21 | €2k | €1k | €87 | €0 | - | - |
| Tangible fixed assets22/27 | €10k | €91k | €71k | €103k | €73k | ▼ 28.6% |
| Land and buildings22 | - | €695 | €549 | €403 | €257 | ▼ 36.2% |
| Plant, machinery and equipment23 | €6k | €5k | €2k | €1k | €1k | ▲ 7.3% |
| Furniture and vehicles24 | €4k | €85k | €68k | €101k | €72k | ▼ 29.0% |
| Current assets29/58 | €143k | €92k | €129k | €92k | €137k | ▲ 49.0% |
| Stocks and contracts in progress3 | €38k | €55k | €47k | €29k | €38k | ▲ 31.2% |
| Stocks30/36 | €38k | €55k | €47k | €29k | €38k | ▲ 31.2% |
| Amounts receivable within one year40/41 | €7k | €31k | €13k | €32k | €19k | ▼ 41.2% |
| Trade receivables40 | €1k | €16k | €6k | €12k | €15k | ▲ 20.1% |
| Other amounts receivable41 | €5k | €15k | €7k | €19k | €4k | ▼ 80.1% |
| Cash at bank and in hand54/58 | €96k | €3k | €65k | €31k | €72k | ▲ 131% |
| Deferred charges and accrued income490/1 | €2k | €4k | €4k | €303 | €9k | ▲ 2,770% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €155k | €184k | €200k | €195k | €211k | ▲ 8.0% |
| Equity10/15 | €83k | €102k | €36k | €77k | €109k | ▲ 42.9% |
| Contributions10/11 | €1k | €1k | €1k | €1k | €1k | = |
| Profit (loss) carried forward14 | €82k | €101k | €35k | €76k | €108k | ▲ 43.5% |
| Amounts payable17/49 | €72k | €82k | €164k | €118k | €101k | ▼ 14.5% |
| Amounts payable after more than one year17 | - | €37k | €23k | €9k | €0 | ▼ 100% |
| Financial debts170/4 | - | €37k | €23k | €9k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €71k | €43k | €139k | €107k | €100k | ▼ 7.2% |
| Current portion of amounts payable after more than one year42 | - | €13k | €14k | €14k | €9k | ▼ 32.1% |
| Trade debts44 | €6k | €4k | €307 | €5k | €6k | ▲ 14.9% |
| Suppliers440/4 | €6k | €4k | €307 | €5k | €6k | ▲ 14.9% |
| Taxes, remuneration and social security45 | €14k | €23k | €4k | €3k | €7k | ▲ 161% |
| Taxes450/3 | €14k | €23k | €4k | €3k | €7k | ▲ 161% |
| Other amounts payable47/48 | €51k | €3k | €121k | €86k | €77k | ▼ 9.9% |
| Accrued charges and deferred income492/3 | €2k | €2k | €2k | €2k | €2k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €54k | €20k | €49k | €41k | €33k | ▼ 19.1% |
| + Depreciation and write-downs630 | €11k | €14k | €23k | €22k | €30k | ▲ 40.4% |
| Operating cash flow (approximation) | €66k | €34k | €71k | €62k | €63k | ▲ 1.6% |
| Investment in fixed assets (approximation) | - | €-94k | €-1k | €-53k | €-815 | ▲ 98.5% |
| Change in cash | - | €-93k | €62k | €-34k | €41k | ▲ 220% |
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
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Equity above €100kEq €109k ▲42.9%
6 profitable years in a row build equity to €109k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €20k ▼63.7%
Net result drops to €20k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €102k ▲23.9%
3 profitable years in a row build equity to €102k.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €54k ▲100%
Operating result €66k, net result €54k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Merelbeke-Melle · 1 establishment unit since 2020
Ground area
531 m²
Building footprint
102 m²
Parcel 44040B0314/00Z002, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
CLIMATT
since 20202.298.567.329
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44040B0314/00Z002 | Flanders | 531 m² | 1 · 102 m² | 0.1 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 225 EUR awarded · 225 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 225 EUR | 225 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
FL@Services
BE 0751.906.683
Genk · Eq €109,465
Kevin Devos Sanitair - Centrale verwarming
BE 1003.596.642
Moorslede · Eq €109,510
Kris Leemans
BE 0467.239.694
Londerzeel · Eq €109,395
Vervoort Stefan
BE 0667.736.122
Olen · Eq €109,580
PMF Technic
BE 1002.468.769
Sint-Gillis (bij-Brussel) · Eq €109,628
Of 7,044 companies in sector 43221 we hold annual accounts for 3,473. 3,058 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43211General electrical installation work
43212Electrical installation work in industrial facilities
Contact
Website
www.climatt.be
E-mail
info@climatt.be
Scores and ratios are computed by Checked and are not a credit decision.