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
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
Financials · fiscal year 2025, micro schema
Equity
€109k▲ 42.9%
2024 · €77k
2020: €28klowest in 6 years
2021: €83k▲ +193% vs 2020
2022: €102k▲ +23.9% vs 2021
2023: €36k▼ -64.9% vs 2022
2024: €77k▲ +113% vs 2023
2025: €109k▲ +42.9% vs 2024highest in 6 years
2020 → 2025
Total assets
€211k▲ 8.0%
2024 · €195k
2020: €113klowest in 6 years
2021: €155k▲ +37.4% vs 2020
2022: €184k▲ +19.1% vs 2021
2023: €200k▲ +8.2% vs 2022
2024: €195k▼ -2.3% vs 2023
2025: €211k▲ +8.0% vs 2024highest in 6 years
2020 → 2025
Net result
€33k▼ 19.1%
2024 · €41k
2020: €27k
2021: €54k▲ +100% vs 2020highest in 6 years
2022: €20k▼ -63.7% vs 2021lowest in 6 years
2023: €49k▲ +146% vs 2022
2024: €41k▼ -16.3% vs 2023
2025: €33k▼ -19.1% vs 2024
2020 → 2025
Working capital
€38k
2024 · €-15k
2020: €8k
2021: €72k▲ +801% vs 2020highest in 6 years
2022: €49k▼ -32.2% vs 2021
2023: €-10k▼ -120% vs 2022
2024: €-15k▼ -53.2% vs 2023lowest in 6 years
2025: €38k▲ +345% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€83k-€102k▲ 23.9%€36k▼ 64.9%€77k▲ 113%€109k▲ 42.9%
2021: €83k
2022: €102k▲ +23.9% vs 2021
2023: €36k▼ -64.9% vs 2022lowest in 5 years
2024: €77k▲ +113% vs 2023
2025: €109k▲ +42.9% vs 2024highest in 5 years
Operating result€66k-€24k▼ 62.7%€61k▲ 150%€49k▼ 19.9%€44k▼ 8.9%
2021: €66khighest in 5 years
2022: €24k▼ -62.7% vs 2021lowest in 5 years
2023: €61k▲ +150% vs 2022
2024: €49k▼ -19.9% vs 2023
2025: €44k▼ -8.9% vs 2024
Net result€54k-€20k▼ 63.7%€49k▲ 146%€41k▼ 16.3%€33k▼ 19.1%
2021: €54khighest in 5 years
2022: €20k▼ -63.7% vs 2021lowest in 5 years
2023: €49k▲ +146% vs 2022
2024: €41k▼ -16.3% vs 2023
2025: €33k▼ -19.1% vs 2024
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.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€195k€211k▲
Fixed assets21/28€103k€73k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€103k€73k▼
Land and buildings22€403€257▼
Plant, machinery and equipment23€1k€1k▲
Furniture and vehicles24€101k€72k▼
Current assets29/58€92k€137k▲
Stocks and contracts in progress3€29k€38k▲
Stocks30/36€29k€38k▲
Amounts receivable within one year40/41€32k€19k▼
Trade receivables40€12k€15k▲
Other amounts receivable41€19k€4k▼
Cash at bank and in hand54/58€31k€72k▲
Deferred charges and accrued income490/1€303€9k▲
Equity and liabilities
Total equity and liabilities10/49€195k€211k▲
Equity10/15€77k€109k▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€76k€108k▲
Amounts payable17/49€118k€101k▼
Amounts payable after more than one year17€9k€0▼
Financial debts170/4€9k€0▼
Amounts payable within one year42/48€107k€100k▼
Current portion of amounts payable after more than one year42€14k€9k▼
Trade debts44€5k€6k▲
Suppliers440/4€5k€6k▲
Taxes, remuneration and social security45€3k€7k▲
Taxes450/3€3k€7k▲
Other amounts payable47/48€86k€77k▼
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20242025
Non-recurring operating income76A€300€2k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€30k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€72k€76k▲
Operating profit (loss)9901€49k€44k▼
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€830€6k▲
Recurring financial charges65€830€6k▲
Profit (loss) for the period before taxes9903€50k€41k▼
Income taxes67/77€10k€9k▼
Profit (loss) for the period9904€41k€33k▼
Profit (loss) for the period to be appropriated9905€41k€33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€76k€108k▲
Profit (loss) brought forward from the previous period14P€35k€76k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| 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 7,041 companies in sector 43221 we hold annual accounts for 3,473. 3,057 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.