CLIMAWORLD
ActiveSummary
CLIMAWORLD has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €897k and a net result of €44k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 49% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability52▼-17
Solvency68=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 1.78 against 1.77 in 2024; short-term debt: 51.1% and cash: 53.5% of total assets), but 56.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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
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
43.4%
Return on assets
2.1%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €897k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
27 d late
2023
65 d late
2022
67 d late
2021
29 d late
2020
31 d late
2019
91 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, abbreviated schema
Equity
€897k▲ 5.2%
2024 · €852k
2018: €824k
2019: €931k▲ +12.9% vs 2018
2020: €1.10M▲ +17.7% vs 2019
2021: €1.14M▲ +4.3% vs 2020
2022: €1.21M▲ +6.1% vs 2021highest in 8 years
2023: €769k▼ -36.6% vs 2022lowest in 8 years
2024: €852k▲ +10.9% vs 2023
2025: €897k▲ +5.2% vs 2024
2018 → 2025
Total assets
€2.07M▲ 3.2%
2024 · €2.00M
2018: €1.66Mlowest in 8 years
2019: €1.81M▲ +9.2% vs 2018
2020: €1.97M▲ +8.6% vs 2019
2021: €2.04M▲ +3.6% vs 2020
2022: €2.00M▼ -2.0% vs 2021
2023: €1.88M▼ -5.9% vs 2022
2024: €2.00M▲ +6.5% vs 2023
2025: €2.07M▲ +3.2% vs 2024highest in 8 years
2018 → 2025
Net result
€44k▼ 47.1%
2024 · €84k
2018: €5klowest in 8 years
2019: €107k▲ +2216% vs 2018
2020: €165k▲ +54.7% vs 2019highest in 8 years
2021: €47k▼ -71.3% vs 2020
2022: €70k▲ +46.9% vs 2021
2023: €96k▲ +37.8% vs 2022
2024: €84k▼ -12.6% vs 2023
2025: €44k▼ -47.1% vs 2024
2018 → 2025
Working capital
€830k▲ 3.6%
2024 · €801k
2018: €934k
2019: €1.03M▲ +9.7% vs 2018
2020: €1.16M▲ +13.1% vs 2019
2021: €1.18M▲ +1.5% vs 2020highest in 8 years
2022: €1.12M▼ -5.0% vs 2021
2023: €701k▼ -37.3% vs 2022lowest in 8 years
2024: €801k▲ +14.2% vs 2023
2025: €830k▲ +3.6% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.14M-€1.21M▲ 6.1%€769k▼ 36.6%€852k▲ 10.9%€897k▲ 5.2%
2021: €1.14M
2022: €1.21M▲ +6.1% vs 2021highest in 5 years
2023: €769k▼ -36.6% vs 2022lowest in 5 years
2024: €852k▲ +10.9% vs 2023
2025: €897k▲ +5.2% vs 2024
Operating result€60k-€90k▲ 50.6%€143k▲ 58.3%€130k▼ 9.2%€75k▼ 42.0%
2021: €60klowest in 5 years
2022: €90k▲ +50.6% vs 2021
2023: €143k▲ +58.3% vs 2022highest in 5 years
2024: €130k▼ -9.2% vs 2023
2025: €75k▼ -42.0% vs 2024
Net result€47k-€70k▲ 46.9%€96k▲ 37.8%€84k▼ 12.6%€44k▼ 47.1%
2021: €47k
2022: €70k▲ +46.9% vs 2021
2023: €96k▲ +37.8% vs 2022highest in 5 years
2024: €84k▼ -12.6% vs 2023
2025: €44k▼ -47.1% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 42% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.07M
Fixed assets
€181k ▲ 8.5%
Current assets
€1.89M ▲ 2.8%
Equity and liabilities €2.07M
Equity
€897k ▲ 5.2%
Provisions
€87k ▲ 0.9%
Debt
€1.08M ▲ 1.8%
Debt's share of the balance-sheet total falls from 53.2% to 52.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€104k▼
2024 · €157k
Cash flow
€73k▼
2024 · €111k
Current ratio
1.78▲
2024 · 1.77
Quick ratio
1.53▲
2024 · 1.51
Debt to equity
1.21▼
2024 · 1.25
ROE
4.9%▼
2024 · 9.8%
ROA
2.1%▼
2024 · 4.2%
Interest coverage
3.64▼
2024 · 5.34
Debt ≤ 1 year
€1.06M▲
2024 · €1.04M
Debt > 1 year
€0▼
2024 · €2k
Income taxes
€18k▼
2024 · €35k
Staff costs
€217k▲
2024 · €207k
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 · 59 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.00M€2.07M▲
Fixed assets21/28€167k€181k▲
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€164k€179k▲
Land and buildings22€138k€143k▲
Plant, machinery and equipment23€16k€23k▲
Furniture and vehicles24€10k€13k▲
Current assets29/58€1.84M€1.89M▲
Stocks and contracts in progress3€277k€273k▼
Stocks30/36€277k€273k▼
Amounts receivable within one year40/41€438k€483k▲
Trade receivables40€93k€150k▲
Other amounts receivable41€345k€333k▼
Current investments50/53€391k€5k▼
Cash at bank and in hand54/58€707k€1.11M▲
Deferred charges and accrued income490/1€24k€20k▼
Equity and liabilities
Total equity and liabilities10/49€2.00M€2.07M▲
Equity10/15€852k€897k▲
Contributions10/11€31k€31k=
Reserves13€821k€865k▲
Distributable reserves133€821k€865k▲
Provisions and deferred taxes16€86k€87k▲
Provisions for liabilities and charges160/5€86k€87k▲
Other liabilities and charges164/5€86k€87k▲
Amounts payable17/49€1.06M€1.08M▲
Amounts payable after more than one year17€2k€0▼
Financial debts170/4€2k€0▼
Amounts payable within one year42/48€1.04M€1.06M▲
Current portion of amounts payable after more than one year42€5k€2k▼
Financial debts43€770€484▼
Credit institutions430/8€770€484▼
Trade debts44€147k€161k▲
Suppliers440/4€147k€161k▲
Advances received on contracts in progress46€3k€264▼
Taxes, remuneration and social security45€49k€45k▼
Taxes450/3€14k€8k▼
Remuneration and social security454/9€35k€36k▲
Other amounts payable47/48€831k€849k▲
Accrued charges and deferred income492/3€27k€27k▼
Income statement
Code20242025
Non-recurring operating income76A€4k€496▼
Remuneration, social security and pensions62€207k€217k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€29k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-19k€17k▲
Other operating charges640/8€9k€8k▼
Non-recurring operating charges66A€2k€1k▼
Gross operating margin9900€356k€348k▼
Operating profit (loss)9901€130k€75k▼
Financial income75/76B€18k€15k▼
Recurring financial income75€18k€15k▼
Financial charges65/66B€29k€29k▼
Recurring financial charges65€29k€29k▼
Profit (loss) for the period before taxes9903€118k€62k▼
Income taxes67/77€35k€18k▼
Profit (loss) for the period9904€84k€44k▼
Profit (loss) for the period to be appropriated9905€84k€44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€84k€44k▼
Transfer to equity691/2€84k€44k▼
To other reserves6921€84k€44k▼
Social balance
Average headcount (FTE)90873.03.0=
The notes to these accounts (15 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 | €0 | €20k | €3k | €4k | €496 | ▼ 86.9% |
| Remuneration, social security and pensions62 | €207k | €186k | €206k | €207k | €217k | ▲ 4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33k | €38k | €29k | €28k | €29k | ▲ 4.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €20k | €3k | €-3k | €-19k | €17k | ▲ 191% |
| Other operating charges640/8 | €8k | €8k | €11k | €9k | €8k | ▼ 8.1% |
| Non-recurring operating charges66A | €-6k | €317 | €7k | €2k | €1k | ▼ 28.6% |
| Gross operating margin9900 | €321k | €325k | €393k | €356k | €348k | ▼ 2.2% |
| Operating profit (loss)9901 | €60k | €90k | €143k | €130k | €75k | ▼ 42.0% |
| Financial income75/76B | €12k | €13k | €13k | €18k | €15k | ▼ 16.3% |
| Recurring financial income75 | €12k | €13k | €13k | €18k | €15k | ▼ 16.3% |
| Financial charges65/66B | €13k | €12k | €20k | €29k | €29k | ▼ 2.9% |
| Recurring financial charges65 | €13k | €12k | €20k | €29k | €29k | ▼ 2.9% |
| Non-recurring financial charges66B | €0 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €59k | €91k | €136k | €118k | €62k | ▼ 47.7% |
| Income taxes67/77 | €12k | €21k | €40k | €35k | €18k | ▼ 49.3% |
| Profit (loss) for the period9904 | €47k | €70k | €96k | €84k | €44k | ▼ 47.1% |
| Transfer from tax-exempt reserves789 | €38k | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €85k | €70k | €96k | €84k | €44k | ▼ 47.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.04M | €2.00M | €1.88M | €2.00M | €2.07M | ▲ 3.2% |
| Fixed assets21/28 | €135k | €201k | €180k | €167k | €181k | ▲ 8.5% |
| Intangible fixed assets21 | €3k | €4k | €3k | €2k | €1k | ▼ 40.0% |
| Tangible fixed assets22/27 | €133k | €197k | €177k | €164k | €179k | ▲ 9.1% |
| Land and buildings22 | €83k | €154k | €140k | €138k | €143k | ▲ 3.7% |
| Plant, machinery and equipment23 | €9k | €22k | €20k | €16k | €23k | ▲ 44.3% |
| Furniture and vehicles24 | €41k | €21k | €17k | €10k | €13k | ▲ 26.8% |
| Current assets29/58 | €1.90M | €1.80M | €1.70M | €1.84M | €1.89M | ▲ 2.8% |
| Amounts receivable after more than one year29 | €30k | €0 | - | - | - | - |
| Other amounts receivable291 | €30k | €0 | - | - | - | - |
| Stocks and contracts in progress3 | €298k | €311k | €285k | €277k | €273k | ▼ 1.5% |
| Stocks30/36 | €298k | €311k | €285k | €277k | €273k | ▼ 1.5% |
| Amounts receivable within one year40/41 | €843k | €718k | €497k | €438k | €483k | ▲ 10.3% |
| Trade receivables40 | €407k | €265k | €137k | €93k | €150k | ▲ 61.9% |
| Other amounts receivable41 | €436k | €454k | €360k | €345k | €333k | ▼ 3.6% |
| Current investments50/53 | €353k | €5k | €5k | €391k | €5k | ▼ 98.7% |
| Cash at bank and in hand54/58 | €364k | €744k | €899k | €707k | €1.11M | ▲ 56.5% |
| Deferred charges and accrued income490/1 | €17k | €19k | €16k | €24k | €20k | ▼ 14.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.04M | €2.00M | €1.88M | €2.00M | €2.07M | ▲ 3.2% |
| Equity10/15 | €1.14M | €1.21M | €769k | €852k | €897k | ▲ 5.2% |
| Contributions10/11 | €571k | €571k | €31k | €31k | €31k | = |
| Reserves13 | €572k | €641k | €737k | €821k | €865k | ▲ 5.4% |
| Non-distributable reserves130/1 | €20k | €20k | €0 | - | - | - |
| Reserves not available under the articles1311 | €20k | €20k | €0 | - | - | - |
| Tax-exempt reserves132 | €0 | - | - | - | - | - |
| Distributable reserves133 | €552k | €622k | €737k | €821k | €865k | ▲ 5.4% |
| Provisions and deferred taxes16 | €104k | €84k | €88k | €86k | €87k | ▲ 0.9% |
| Provisions for liabilities and charges160/5 | €104k | €84k | €88k | €86k | €87k | ▲ 0.9% |
| Other liabilities and charges164/5 | €104k | €84k | €88k | €86k | €87k | ▲ 0.9% |
| Amounts payable17/49 | €793k | €701k | €1.02M | €1.06M | €1.08M | ▲ 1.8% |
| Amounts payable after more than one year17 | €65k | €12k | €7k | €2k | €0 | ▼ 100% |
| Financial debts170/4 | €65k | €12k | €7k | €2k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €728k | €679k | €1.00M | €1.04M | €1.06M | ▲ 2.1% |
| Current portion of amounts payable after more than one year42 | €9k | €5k | €5k | €5k | €2k | ▼ 66.4% |
| Financial debts43 | €25k | €65 | €809 | €770 | €484 | ▼ 37.1% |
| Credit institutions430/8 | €25k | €65 | €809 | €770 | €484 | ▼ 37.1% |
| Trade debts44 | €420k | €351k | €129k | €147k | €161k | ▲ 9.9% |
| Suppliers440/4 | €420k | €351k | €129k | €147k | €161k | ▲ 9.9% |
| Advances received on contracts in progress46 | €23k | €20k | €14k | €3k | €264 | ▼ 92.0% |
| Taxes, remuneration and social security45 | €46k | €40k | €35k | €49k | €45k | ▼ 8.4% |
| Taxes450/3 | €6k | €10k | €8k | €14k | €8k | ▼ 39.3% |
| Remuneration and social security454/9 | €40k | €30k | €27k | €35k | €36k | ▲ 3.9% |
| Other amounts payable47/48 | €205k | €264k | €817k | €831k | €849k | ▲ 2.2% |
| Accrued charges and deferred income492/3 | - | €10k | €17k | €27k | €27k | ▼ 1.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €47k | €70k | €96k | €84k | €44k | ▼ 47.1% |
| + Depreciation and write-downs630 | €33k | €38k | €29k | €28k | €29k | ▲ 4.5% |
| Operating cash flow (approximation) | €80k | €108k | €125k | €111k | €73k | ▼ 34.3% |
| Investment in fixed assets (approximation) | - | €-104k | €-8k | €-15k | €-43k | ▼ 194% |
| Change in cash | - | €380k | €154k | €-192k | €399k | ▲ 308% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 65 days late
2023
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 67 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €165k ▲54.7%
Operating result €178k, net result €165k, both a record.
31-12
Financial
Equity above €1MEq €1.10M ▲17.7%
3 profitable years in a row build equity to €1.10M.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has 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
2 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, Knokke-Heist · 1 establishment unit since 1991
Ground area
2,297 m²
Building footprint
363 m²
Volume, LiDAR
2,320 m³
Parcel 31039F0138/00H002, Flanders · tallest building 9.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Climaworld
since 19912.050.959.684
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039F0138/00H002 | Flanders | 2,297 m² | 1 · 363 m² | 9.1 m · 3 fl. |
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 to 2023 · 3 entries · 1,193 EUR awarded · 1,193 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 278 EUR | 278 EUR |
| 2022 | 2 | 915 EUR | 915 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
VAN WEYENBERG LIEVEN
BE 0810.465.286
Ninove · Eq €895,437
ECONERGY
BE 0891.058.430
Soignies · Eq €895,375
SOLTIS
BE 0897.785.181
Evere · Eq €893,606
Etablissements Roger Myaux
BE 0408.322.884
Beaumont · Eq €900,143
DE NIJS HENDRIK
BE 0893.163.825
Erpe-Mere · Eq €891,741
Of 9,528 companies in sector 43222 we hold annual accounts for 5,663. 3,260 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
Founded21-12-1990
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
Scores and ratios are computed by Checked and are not a credit decision.