CLIMAWAYS
ActiveSummary
CLIMAWAYS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €156k and a net result of €-23k. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 34% of 121 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2026
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability13▼-58
Solvency54▼-8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.36 against 2.51 in 2025; short-term debt: 40.3% and cash: 34.5% of total assets), but 70.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 28-08-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
64 d early
2025
78 d early
2024
29 d early
2023
18 d early
2022
35 d early
2021
31 d early
2020
33 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, abbreviated schema
Equity
€156k▼ 12.7%
2025 · €179k
2019: €127k
2020: €203k
2021: €209k
2022: €220k
2023: €206k
2024: €171k
2025: €179k
2019 → 2026
Total assets
€536k▲ 10.9%
2025 · €483k
2019: €589k
2020: €517k
2021: €701k
2022: €858k
2023: €763k
2024: €475k
2025: €483k
2019 → 2026
Net result
€-23k
2025 · €8k
2019: €6k
2020: €77k
2021: €6k
2022: €10k
2023: €-14k
2024: €-35k
2025: €8k
2019 → 2026
Working capital
€294k▲ 9.2%
2025 · €269k
2019: €106k
2020: €139k
2021: €169k
2022: €194k
2023: €212k
2024: €225k
2025: €269k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€220k-€206k▼ 6.2%€171k▼ 17.0%€179k▲ 4.6%€156k▼ 12.7%
Operating result€22k-€-8k€-35k▼ 344%€14k€-20k
Net result€10k-€-14k€-35k▼ 155%€8k€-23k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2026: a loss of €20k after €14k in 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €536k
Fixed assets
€26k ▼ 27.5%
Current assets
€510k ▲ 14.0%
Equity and liabilities €536k
Equity
€156k ▼ 12.7%
Provisions
€4k =
Debt
€376k ▲ 25.2%
Debt's share of the balance-sheet total rises from 62.1% to 70.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-7k▼
2025 · €30k
Cash flow
€-10k▼
2025 · €25k
Current ratio
2.36▼
2025 · 2.51
Quick ratio
1.96▼
2025 · 1.96
Debt to equity
2.40▲
2025 · 1.68
ROE
-14.5%▼
2025 · 4.4%
ROA
-4.2%▼
2025 · 1.6%
Interest coverage
-2.01▼
2025 · 6.71
Debt ≤ 1 year
€216k▲
2025 · €178k
Income taxes
€545▼
2025 · €2k
Staff costs
€192k▼
2025 · €203k
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 · 2026 against 2025 · 53 lines
Balance sheet
Code20252026
Assets
Total assets20/58€483k€536k▲
Fixed assets21/28€36k€26k▼
Tangible fixed assets22/27€36k€26k▼
Plant, machinery and equipment23€1k€771▼
Furniture and vehicles24€4k€2k▼
Other tangible fixed assets26€31k€23k▼
Current assets29/58€447k€510k▲
Stocks and contracts in progress3€98k€86k▼
Stocks30/36€98k€86k▼
Amounts receivable within one year40/41€160k€235k▲
Trade receivables40€160k€233k▲
Other amounts receivable41€0€2k▲
Cash at bank and in hand54/58€185k€185k▼
Deferred charges and accrued income490/1€4k€4k=
Equity and liabilities
Total equity and liabilities10/49€483k€536k▲
Equity10/15€179k€156k▼
Contributions10/11€6k€6k=
Reserves13€92k€92k=
Tax-exempt reserves132€21k€21k=
Distributable reserves133€71k€71k=
Profit (loss) carried forward14€81k€58k▼
Provisions and deferred taxes16€4k€4k=
Provisions for liabilities and charges160/5€4k€4k=
Pensions and similar obligations160€4k€4k=
Amounts payable17/49€300k€376k▲
Amounts payable within one year42/48€178k€216k▲
Trade debts44€141k€165k▲
Suppliers440/4€141k€165k▲
Taxes, remuneration and social security45€30k€38k▲
Taxes450/3€6k€15k▲
Remuneration and social security454/9€24k€23k▼
Other amounts payable47/48€6k€14k▲
Accrued charges and deferred income492/3€122k€159k▲
Income statement
Code20252026
Remuneration, social security and pensions62€203k€192k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€13k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€700
Other operating charges640/8€4k€3k▼
Gross operating margin9900€237k€189k▼
Operating profit (loss)9901€14k€-20k▼
Financial income75/76B€529€2k▲
Recurring financial income75€529€2k▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€10k€-22k▼
Income taxes67/77€2k€545▼
Profit (loss) for the period9904€8k€-23k▼
Transfer from tax-exempt reserves789€30k€0▼
Profit (loss) for the period to be appropriated9905€38k€-23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€119k€58k▼
Profit (loss) brought forward from the previous period14P€81k€81k=
Transfer to equity691/2€38k€0▼
To other reserves6921€38k€0▼
Social balance
Average headcount (FTE)90872.61.8▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
2025
14-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
2024
02-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-35k
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
2023
13-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Highest result since 2019net €77k ▲1185%
Operating result €105k, net result €77k, both a record.
31-03
Financial
Equity above €200kEq €203k ▲60.6%
2 profitable years in a row build equity to €203k.
2019
26-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
12-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
27-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Wommelgem · 1 establishment unit since 2008
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.
Uilenbaan 1482160 WommelgemGround area
6,454 m²
Building footprint
3,026 m²
Volume, LiDAR
15,738 m³
Parcel 11052C0210/00Z000, Flanders · tallest building 27.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ClimaWays
since 20082.170.864.255
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052C0210/00Z000 | Flanders | 6,454 m² | 1 · 3,026 m² | 27.8 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 5,287 EUR awarded · 5,287 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,420 EUR | 2,420 EUR |
| 2024 | 1 | 0 EUR | 156 EUR |
| 2023 | 1 | 1,511 EUR | 1,355 EUR |
| 2022 | 1 | 1,356 EUR | 1,356 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Recognitions · licences · registrations
Legal Entity Identifier
549300MBC3RDIOT9JQ69
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Of 473 companies in sector 46842 we hold annual accounts for 346. 228 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-09-2007
Fiscal year end31-03
Activities, NACEBEL 2025
46842Wholesale trade
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.