CLIMMO BORNEM
ActiveCLIMMO BORNEM has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €82k and a net result of €4k. Equity is shrinking by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 28% of 2096 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability38▼-17
Solvency45▼-21
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.76 against 1.87 in 2023; short-term debt: 43.5% and cash: 0.6% of total assets), and 79.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
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
20.5%
Return on assets
0.9%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €82k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-07-2025, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
14 d early
2023
20 d early
2022
8 d early
2021
25 d early
2020
47 d early
2019
26 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€82k▲ 4.7%
2023 · €78k
2018: €140k
2019: €109k
2020: €72k
2021: €69k
2022: €65k
2023: €78k
2018 → 2024
Total assets
€401k▲ 107%
2023 · €193k
2018: €324k
2019: €154k
2020: €194k
2021: €188k
2022: €153k
2023: €193k
2018 → 2024
Net result
€4k▼ 72.5%
2023 · €13k
2018: €32k
2019: €-31k
2020: €38k
2021: €32k
2022: €-4k
2023: €13k
2018 → 2024
Working capital
€-41k
2023 · €90k
2018: €129k
2019: €110k
2020: €74k
2021: €74k
2022: €72k
2023: €90k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€72k-€69k▼ 3.8%€65k▼ 6.4%€78k▲ 20.5%€82k▲ 4.7%
Operating result€46k-€45k▼ 2.7%€-2k€17k€13k▼ 23.6%
Net result€38k-€32k▼ 16.0%€-4k€13k€4k▼ 72.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 24% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €401k
Fixed assets
€268k
Current assets
€133k
Equity and liabilities €401k
Equity
€82k▲ 4.7%
Debt
€319k▲ 178%
The debt ratio rises from 59.5% to 79.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€22k
Cash flow
€12k
Solvency
20.5%▼
2023 · 40.5%
Current ratio
0.76▼
2023 · 1.87
Quick ratio
0.17▼
2023 · 0.68
Debt / equity
3.89▲
2023 · 1.47
ROE
4.5%▼
2023 · 17.0%
ROA
0.9%▼
2023 · 6.9%
Interest coverage
2.18
Debt
€319k▲
2023 · €115k
Debt ≤ 1 year
€174k▲
2023 · €103k
Debt > 1 year
€127k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€193k€401k▲
Fixed assets21/28-€268k
Tangible fixed assets22/27-€268k
Land and buildings22-€268k
Financial fixed assets28-€100
Current assets29/58€193k€133k▼
Stocks and contracts in progress3€123k€104k▼
Stocks30/36€123k€104k▼
Amounts receivable within one year40/41€63k€23k▼
Trade receivables40€44k€4k▼
Other amounts receivable41€19k€19k▲
Cash at bank and in hand54/58€5k€2k▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€193k€401k▲
Equity10/15€78k€82k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€20k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133-€14k
Profit (loss) carried forward14€10k€0▼
Amounts payable17/49€115k€319k▲
Amounts payable after more than one year17-€127k
Financial debts170/4-€127k
Amounts payable within one year42/48€103k€174k▲
Current portion of amounts payable after more than one year42-€8k
Trade debts44€915€5k▲
Suppliers440/4€915€5k▲
Taxes, remuneration and social security45€3k€0▼
Taxes450/3€3k€0▼
Other amounts payable47/48€100k€162k▲
Accrued charges and deferred income492/3€12k€18k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€9k
Other operating charges640/8€702€2k▲
Gross operating margin9900€18k€24k▲
Operating profit (loss)9901€17k€13k▼
Financial income75/76B€382€382=
Recurring financial income75€382€382=
Financial charges65/66B€5k€10k▲
Recurring financial charges65€5k€10k▲
Profit (loss) for the period before taxes9903€13k€4k▼
Profit (loss) for the period9904€13k€4k▼
Profit (loss) for the period to be appropriated9905€13k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€14k▲
Profit (loss) brought forward from the previous period14P€-3k€10k▲
Transfer from equity791/2€0-
Transfer to equity691/2-€14k
To other reserves6921-€14k
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-31k ▼199%
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 3.48
Current ratio from 1.70 to 3.48; short-term debt falls from €183k to €44k.
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 12 days late
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 17 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Hamme (Vl.) · 1 establishment unit since 1996
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.
Polderstraat 389220 Hamme (Vl.)Ground area
4,283 m²
Building footprint
288 m²
Volume, LiDAR
1,533 m³
Parcel 42008A0711/00E000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CLIMMO BORNEM NV
since 19962.076.262.135
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42008A0711/00E000 | Flanders | 4,283 m² | 1 · 288 m² | 9.4 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.
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,041. 13,193 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded08-01-1996
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
68110Buying and selling of own real estate
70120
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.