ClimB-IT
ActiveSummary
ClimB-IT has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€66,728) and a net result of -€65,441. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability6▼-6
Solvency17▼-8
Growth22▼-13
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.19 against 1.02 in 2023; short-term debt: 35.9% and cash: 0.5% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-7.7%
Return on assets
-7.5%
Age of the figures
21 mo
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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€66,728
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-01-2026, 165 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
165 d late
2023
51 d early
2022
53 d late
2021
179 d late
2020
66 d late
2019
33 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 74 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€94,358▼ 52.1%
2021 · €196,883
EBIT margin
-62.2%▼ 82.1pp
2021 · 19.8%
Net result
-€65,441▼ 41.9%
2023 · -€46,105
Working capital
-€250,740
2023 · €2,897
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€178,458€196,883▲ 10.3%€94,358
Operating result€14,273▼ 12.0%€39,033▲ 173%€9,603▼ 75.4%-€31,755-€58,721▼ 84.9%
Net result€9,705within the sector's middle half▲ 112%€24,635within the sector's middle half▲ 154%€401below the sector's middle half▼ 98.4%-€46,105below the sector's middle half-€65,441below the sector's middle half▼ 41.9%
EBIT margin8.0%19.8%▲ 11.8pp-62.2%
Equity€12,582below the sector's middle half▲ 337%€37,217within the sector's middle half▲ 196%€37,618within the sector's middle half▲ 1.1%-€1,287below the sector's middle half-€66,728below the sector's middle half▼ 5,086%
Total assets€59,640below the sector's middle half▼ 26.7%€76,144within the sector's middle half▲ 27.7%€830,116above the sector's middle half▲ 990%€828,186above the sector's middle half▼ 0.2%€866,860above the sector's middle half▲ 4.7%
Debt€47,058▼ 40.1%€38,927▼ 17.3%€792,498▲ 1,936%€829,473▲ 4.7%€933,587▲ 12.6%
Working capital-€18,255below the sector's middle half▲ 40.6%€4,143below the sector's middle half€33,669within the sector's middle half▲ 713%€2,897below the sector's middle half▼ 91.4%-€250,740below the sector's middle half
Solvency21.1%within the sector's middle half▲ 17.6pp48.9%within the sector's middle half▲ 27.8pp4.5%below the sector's middle half▼ 44.3pp-0.2%below the sector's middle half▼ 4.7pp-7.7%below the sector's middle half▼ 7.5pp
Current ratio0.59below the sector's middle half▲ 0.031.11below the sector's middle half▲ 0.521.57within the sector's middle half▲ 0.461.02below the sector's middle half▼ 0.550.19below the sector's middle half▼ 0.83
Return on assets (ROA)16.3%within the sector's middle half▲ 10.6pp32.4%above the sector's middle half▲ 16.1pp0.0%below the sector's middle half▼ 32.3pp-5.6%below the sector's middle half▼ 5.6pp-7.5%below the sector's middle half▼ 2.0pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €58,721 in 2024 against €31,755 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €866,860
Fixed assets
€806,685 ▲ 14.0%
Current assets
€60,175 ▼ 50.1%
Equity and liabilities
Equity-€66,728
Debt€933,587
Equity is negative: debt (€933,587) exceeds the balance-sheet total (€866,860).
Key figures and ratios
EBITDA
-€28,640▼
2023 · -€1,650
Cash flow
-€35,360▼
2023 · -€15,999
Interest coverage
-4.26▼
2023 · -0.13
Debt ≤ 1 year
€310,915▲
2023 · €117,789
Debt > 1 year
€622,672▼
2023 · €711,683
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,216 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- negative equity
- a small loss
1.2%
went bankrupt
2.6%
stopped otherwise
96%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,216 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €178,458 | €196,883 | - | - | €94,358 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €145,799 | - | - | €118,989 | - |
| Remuneration, social security and pensions62 | - | €1,920 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,419 | €8,310 | €28,883 | €30,105 | €30,081 | ▼ 0.1% |
| Other operating charges640/8 | - | €1,822 | €9,490 | €4,647 | €4,098 | ▼ 11.8% |
| Gross operating margin9900 | €38,066 | €51,084 | €47,976 | €2,997 | -€24,542 | ▼ 919% |
| Operating profit (loss)9901 | €14,273 | €39,033 | €9,603 | -€31,755 | -€58,721 | ▼ 84.9% |
| Financial income75/76B | - | €197 | €4 | €0 | €0 | ▼ 90.0% |
| Recurring financial income75 | €0 | €197 | €4 | €0 | €0 | ▼ 90.0% |
| Financial charges65/66B | - | €2,417 | €8,063 | €13,138 | €6,720 | ▼ 48.9% |
| Recurring financial charges65 | €3,314 | €2,417 | €8,063 | €13,138 | €6,720 | ▼ 48.9% |
| Profit (loss) for the period before taxes9903 | €10,959 | €36,813 | €1,544 | -€44,893 | -€65,441 | ▼ 45.8% |
| Income taxes67/77 | €1,254 | €12,178 | €1,144 | €1,212 | - | - |
| Profit (loss) for the period9904 | €9,705 | €24,635 | €401 | -€46,105 | -€65,441 | ▼ 41.9% |
| Profit (loss) for the period to be appropriated9905 | €9,705 | €24,635 | €401 | -€46,105 | -€65,441 | ▼ 41.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €59,640 | €76,144 | €830,116 | €828,186 | €866,860 | ▲ 4.7% |
| Fixed assets21/28 | €33,239 | €34,275 | €737,605 | €707,500 | €806,685 | ▲ 14.0% |
| Intangible fixed assets21 | €2,664 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €28,054 | €31,754 | €737,605 | €707,500 | €806,685 | ▲ 14.0% |
| Land and buildings22 | - | - | €619,229 | €607,048 | €724,134 | ▲ 19.3% |
| Plant, machinery and equipment23 | - | €120 | €24 | - | - | - |
| Furniture and vehicles24 | - | €11,899 | €118,352 | €100,451 | €82,551 | ▼ 17.8% |
| Other tangible fixed assets26 | - | €4,470 | - | - | - | - |
| Assets under construction and advance payments27 | - | €15,265 | - | - | - | - |
| Financial fixed assets28 | €2,521 | €2,521 | - | - | - | - |
| Current assets29/58 | €26,401 | €41,869 | €92,511 | €120,686 | €60,175 | ▼ 50.1% |
| Amounts receivable within one year40/41 | €20,901 | €24,181 | €91,926 | €108,195 | €50,262 | ▼ 53.5% |
| Trade receivables40 | - | €21,610 | €52,638 | €105,576 | €45,052 | ▼ 57.3% |
| Other amounts receivable41 | - | €2,571 | €39,288 | €2,618 | €5,210 | ▲ 99.0% |
| Current investments50/53 | - | - | €331 | €0 | €0 | = |
| Cash at bank and in hand54/58 | €5,500 | €12,153 | - | €4,500 | €4,651 | ▲ 3.3% |
| Deferred charges and accrued income490/1 | - | €5,535 | €254 | €7,991 | €5,261 | ▼ 34.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €59,640 | €76,144 | €830,116 | €828,186 | €866,860 | ▲ 4.7% |
| Equity10/15 | €12,582 | €37,217 | €37,618 | -€1,287 | -€66,728 | ▼ 5,086% |
| Contributions10/11 | - | €42,800 | €42,800 | €50,000 | €50,000 | = |
| Reserves13 | €14,000 | €14,000 | €14,000 | €14,000 | €14,000 | = |
| Tax-exempt reserves132 | - | €9,000 | €9,000 | €9,000 | €9,000 | = |
| Distributable reserves133 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€44,218 | -€19,583 | -€19,182 | -€65,287 | -€130,728 | ▼ 100% |
| Amounts payable17/49 | €47,058 | €38,927 | €792,498 | €829,473 | €933,587 | ▲ 12.6% |
| Amounts payable after more than one year17 | €2,402 | €1,201 | €733,656 | €711,683 | €622,672 | ▼ 12.5% |
| Financial debts170/4 | - | €1,201 | €593,656 | €571,683 | €482,672 | ▼ 15.6% |
| Other amounts payable178/9 | - | - | €140,000 | €140,000 | €140,000 | = |
| Amounts payable within one year42/48 | €44,657 | €37,726 | €58,842 | €117,789 | €310,915 | ▲ 164% |
| Current portion of amounts payable after more than one year42 | - | €4,805 | €23,098 | €24,574 | €57,079 | ▲ 132% |
| Financial debts43 | - | - | €6,456 | €7,078 | - | - |
| Credit institutions430/8 | - | - | €6,456 | €7,078 | - | - |
| Trade debts44 | €4,172 | €1,269 | €1,440 | €7,351 | €0 | ▼ 100% |
| Suppliers440/4 | - | €1,269 | €1,440 | €7,351 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €31,652 | €22,527 | €15,120 | €7,094 | ▼ 53.1% |
| Taxes450/3 | - | €31,652 | €22,527 | €15,120 | €7,094 | ▼ 53.1% |
| Other amounts payable47/48 | - | - | €5,320 | €63,667 | €246,742 | ▲ 288% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,705 | €24,635 | €401 | -€46,105 | -€65,441 | ▼ 41.9% |
| + Depreciation and write-downs630 | €15,419 | €8,310 | €28,883 | €30,105 | €30,081 | ▼ 0.1% |
| Operating cash flow (approximation) | €25,124 | €32,945 | €29,284 | -€15,999 | -€35,360 | ▼ 121% |
| Investment in fixed assets (approximation) | - | -€9,346 | -€732,213 | €0 | -€129,267 | - |
| Change in cash | - | €6,653 | - | - | €151 | - |
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
2026
12-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 165 days late
2024
31-12
Financial
Weakest financial yearnet -€65,441
Net result drops to -€65,441, the lowest in the series.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 179 days late
2021
05-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 66 days late
2020
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 33 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
19-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 50 days late
2016
08-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Malmedy · 1 establishment unit since 2009
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.
Longfaye-Chemin du Vieux Chêne 54960 Malmedy1 establishment unit
ClimB-IT
since 20092.181.203.465
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 29,996 companies in this sector we hold annual accounts for 18,400. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded22-09-2009
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Contact
Website
www.climb-it.be
E-mail
info@climb-it.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0818795707
Also
9925:BE0818795707
Registered
19-04-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.