CLOET HVAC

Active

Private limited companyfounded 2003active for 23 yearsHazenstraat 22, 8531 Harelbeke, BelgiumKBO/BCE: BE 0860.222.526

Summary

CLOET HVAC has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €210,345. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 93% of 9,806 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

CLOET HVACActiveChecked score 97/100

Risk analysis Report Compare

Activity

Installation of electric heating, air conditioning, cooling and ventilation

NACE 43222

8th largest company by equity in Harelbeke, Construction sector1 site

Size

€2.0mtotal assets 2025

Staff: 7.8 FTE
Equity: €1.8m
Profit: €210,345

Turnover not published (abbreviated format)

Financial health

97 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

2025 accounts 43 days early4 deeds in the Belgian Official Gazette

Why 97lowers riskLiquidity: current ratio 7.01, cash €801,975Equity €1.8m (87.7% of total assets)Founded in 2003Profit of €210,345 (financial year 2025)Show the evidence

Checked score

Score 2025

97 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 77% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 87.7% of total assets

Liquidity 98+11

short-term debt 12.3% · cash 39.4%

Profitability 82-4

return on assets 10.3%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,639 companies, NACE 43, micro)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024highest value 02-2025: < 0.1%▼ -0.1 percentage points vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026

Credit of up to €170,000 on 30-day terms is acceptable

Liquidity ample (current ratio 7.01, compared with 5.29 in 2024, above the usual 1.5; short-term debt: 12.3% and cash: 39.4% of total assets), and 12.3% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 90% on solvency, 94% on liquidity, 63% on profitability and 60% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskneutral

Liquidity: current ratio 7.01, cash €801,975

NBB · annual accounts

Equity €1.8m (87.7% of total assets)

NBB · annual accounts

Founded in 2003

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Profit of €210,345 (financial year 2025)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

43 days early

2024

on the day

2023

43 days early

2022

1 day early

2021

on the day

2020

2 days late

2019

1 day early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 12 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (5 of the last 5 filed years within 42 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-06-2026 year end26-10-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

19-12-2025 Annual accounts filedfinancial year 2025 · abbreviated…
31-01-2025 Annual accounts filedfinancial year 2024 · abbreviated…
30-06-2024 Highest result from 2019 to 2025net €256,113 ▲46.1%

Key points

Positive: Among the best 6% on equitysector median €252,781 · 9,808 companies €1.8m View
Positive: 7 profitable years in a rowprofit 2025: €210,345 7 years View
Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

By topic

Financials

Financial year: 2025
Total assets: €2.0m
Profit: €210,345
Solvency: 87.7%

Total assets▲ 8.7%

Net result

20192025

Go to Financials

Timeline

Events: 23
Since: 2005
Next accounts: by 31-01-2027

19-12-2023Annual accounts filed
30-01-2023Annual accounts filed
31-01-2022Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded: 26-08-2003
Year ends: 30-06
Peppol: Reachable for e-invoices

Go to Company details

Key facts about CLOET HVAC

What is the company number of CLOET HVAC?: 0860.222.526. In Belgium the VAT number is the company number with BE in front: BE 0860.222.526.
Where is CLOET HVAC based?: The registered office is at Hazenstraat 22, 8531 Harelbeke.Company details
What does CLOET HVAC do?: According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of CLOET HVAC?: Private limited company (BV).
When was CLOET HVAC founded?: On 26-08-2003.
Is CLOET HVAC still active?: Yes, CLOET HVAC is an active enterprise in the KBO register.
How many employees does CLOET HVAC have?: On average 7.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of CLOET HVAC?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is CLOET HVAC profitable?: In financial year 2025, CLOET HVAC made a profit of €210,345.
Where can I find the annual accounts of CLOET HVAC?: CLOET HVAC filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CLOET HVAC due?: By 31-01-2027, for financial year 2026.Timeline