Connect2Climate

Active

Private limited companyfounded 20233 yrs activeAalstsesteenweg(Sch) 3, 9506 Geraardsbergen, BelgiumKBO/BCE: BE 0802.838.217

Summary

The computed 12-month bankruptcy probability of Connect2Climate is 3.2% (moderate). The annual accounts of Connect2Climate for fiscal year 2025 show a net loss of 76% of the equity at the start of that year. The 2025 annual accounts show equity of €2k and a net result of €-6k. Its solvency ranks better than 10% of 27965 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysis Watch Report Compare

Connect2ClimateActiveChecked score 43/100

Risk analysis Report Compare

Checked score

Score 2025

43 / 100

Weak

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability38▼-37

Solvency27▼-6

Growth32

Track record94

Bankruptcy probability, 12 months

3.2% Moderate

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity short (current ratio 0.72 against 0.63 in 2024; short-term debt: 74.8% and cash: 38.7% of total assets), and 98.1% 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.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 →

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 2025

Solvency, return and age of the figures

Solvency

1.9%

Return on assets

-5.8%

Age of the figures

9 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 27965 sector peers (2025).

NBB · sector comparison

Position among 27965 sector peers

Solvency

better than 10%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

30 d early

2024

31 d early

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

25-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€2k▼ 75.6%

2024 · €8k

2024: €8k 2025: €2k▼ -75.6% vs 2024

2024 → 2025

Total assets

€108k▲ 5.4%

2024 · €103k

2024: €103k 2025: €108k▲ +5.4% vs 2024

2024 → 2025

Net result

€-6k

2024 · €5k

2024: €5k 2025: €-6k▼ -218% vs 2024

2024 → 2025

Working capital

€-23k▼ 11.7%

2024 · €-20k

2024: €-20k 2025: €-23k▼ -11.7% vs 2024

2024 → 2025

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€8k-€2k▼ 75.6% 2024: €8k 2025: €2k▼ -75.6% vs 2024

Operating result€12k-€-1k 2024: €12k 2025: €-1k▼ -109% vs 2024

Net result€5k-€-6k 2024: €5k 2025: €-6k▼ -218% vs 2024

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €1k after €12k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €108k

46.4%

53.6%

Fixed assets €50k ▼ 26.5%

Current assets €58k ▲ 68.6%

Equity and liabilities €108k

98.1%

Equity €2k ▼ 75.6%

Debt €106k ▲ 12.6%

Debt's share of the balance-sheet total rises from 91.9% to 98.1%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€16k▼

2024 · €29k

Cash flow

€10k▼

2024 · €23k

Current ratio

0.72▲

2024 · 0.63

Debt to equity

52.13▲

2024 · 11.30

ROE

-309.9%▼

2024 · 64.0%

ROA

-5.8%▼

2024 · 5.2%

Interest coverage

3.18▼

2024 · 8.25

Debt ≤ 1 year

€81k▲

2024 · €55k

Debt > 1 year

€25k▼

2024 · €39k

Income taxes

€339▼

2024 · €3k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines

Balance sheet Code20242025

Assets

Total assets20/58€103k€108k▲

Fixed assets21/28€68k€50k▼

Tangible fixed assets22/27€68k€50k▼

Furniture and vehicles24€68k€50k▼

Current assets29/58€34k€58k▲

Amounts receivable within one year40/41€20k€16k▼

Trade receivables40€16k€16k▼

Other amounts receivable41€4k-

Cash at bank and in hand54/58€14k€42k▲

Equity and liabilities

Total equity and liabilities10/49€103k€108k▲

Equity10/15€8k€2k▼

Contributions10/11€3k€3k=

Profit (loss) carried forward14€5k€-966▼

Amounts payable17/49€94k€106k▲

Amounts payable after more than one year17€39k€25k▼

Financial debts170/4€39k€25k▼

Amounts payable within one year42/48€55k€81k▲

Current portion of amounts payable after more than one year42€11k€14k▲

Trade debts44€6k€4k▼

Suppliers440/4€6k€4k▼

Taxes, remuneration and social security45€3k€3k▲

Taxes450/3€3k€3k▲

Other amounts payable47/48€34k€60k▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k▼

Other operating charges640/8-€1k

Gross operating margin9900€29k€17k▼

Operating profit (loss)9901€12k€-1k▼

Financial income75/76B€38€0▼

Recurring financial income75€38€0▼

Financial charges65/66B€4k€5k▲

Recurring financial charges65€4k€5k▲

Profit (loss) for the period before taxes9903€8k€-6k▼

Income taxes67/77€3k€339▼

Profit (loss) for the period9904€5k€-6k▼

Profit (loss) for the period to be appropriated9905€5k€-6k▼

Appropriation of the result

Profit (loss) to be appropriated9906€5k€-966▼

Profit (loss) brought forward from the previous period14P-€5k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement

Income statement Balance sheet Cash flow

Line	2024	2025	Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€17k	€17k	▼ 3.8%
Other operating charges640/8	-	€1k	-
Gross operating margin9900	€29k	€17k	▼ 41.5%
Operating profit (loss)9901	€12k	€-1k	▼ 109%
Financial income75/76B	€38	€0	▼ 99.9%
Recurring financial income75	€38	€0	▼ 99.9%
Financial charges65/66B	€4k	€5k	▲ 38.5%
Recurring financial charges65	€4k	€5k	▲ 38.5%
Profit (loss) for the period before taxes9903	€8k	€-6k	▼ 171%
Income taxes67/77	€3k	€339	▼ 89.0%
Profit (loss) for the period9904	€5k	€-6k	▼ 218%
Profit (loss) for the period to be appropriated9905	€5k	€-6k	▼ 218%

Line	2024	2025	Change
Assets
Total assets20/58	€103k	€108k	▲ 5.4%
Fixed assets21/28	€68k	€50k	▼ 26.5%
Tangible fixed assets22/27	€68k	€50k	▼ 26.5%
Furniture and vehicles24	€68k	€50k	▼ 26.5%
Current assets29/58	€34k	€58k	▲ 68.6%
Amounts receivable within one year40/41	€20k	€16k	▼ 19.3%
Trade receivables40	€16k	€16k	▼ 0.8%
Other amounts receivable41	€4k	-	-
Cash at bank and in hand54/58	€14k	€42k	▲ 190%
Equity and liabilities
Total equity and liabilities10/49	€103k	€108k	▲ 5.4%
Equity10/15	€8k	€2k	▼ 75.6%
Contributions10/11	€3k	€3k	=
Profit (loss) carried forward14	€5k	€-966	▼ 118%
Amounts payable17/49	€94k	€106k	▲ 12.6%
Amounts payable after more than one year17	€39k	€25k	▼ 35.9%
Financial debts170/4	€39k	€25k	▼ 35.9%
Amounts payable within one year42/48	€55k	€81k	▲ 47.4%
Current portion of amounts payable after more than one year42	€11k	€14k	▲ 28.2%
Trade debts44	€6k	€4k	▼ 44.0%
Suppliers440/4	€6k	€4k	▼ 44.0%
Taxes, remuneration and social security45	€3k	€3k	▲ 10.6%
Taxes450/3	€3k	€3k	▲ 10.6%
Other amounts payable47/48	€34k	€60k	▲ 73.5%

Line	2024	2025	Change
Profit (loss) for the period9904	€5k	€-6k	▼ 218%
+ Depreciation and write-downs630	€17k	€17k	▼ 3.8%
Operating cash flow (approximation)	€23k	€10k	▼ 54.2%
Investment in fixed assets (approximation)	-	€1k	-
Change in cash	-	€27k	-

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

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

01-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

30-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

NBB filing

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, Geraardsbergen · 1 establishment unit since 2023

seat establishment The establishment unit on the map

Ground area

1,328 m²

Building footprint

212 m²

Volume, LiDAR

604 m³

Parcel 41059A0128/00E000, Flanders · tallest building 4.0 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

Connect2Climate

Aalstsesteenweg(Sch) 3, 9506 GeraardsbergenCivil engineering

since 20232.346.389.220

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
41059A0128/00E000	Flanders	1,328 m²	1 · 212 m²	4.0 m · 1 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.

Similar companies · same sector, comparable size

Wortegem-Petegem · Eq €2,000

Of 9,528 companies in sector 43222 we hold annual accounts for 5,663. 725 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

Founded16-06-2023

Fiscal year end31-12

Activities, NACEBEL 2025

43222Installation of electric heating, air conditioning, cooling and ventilation

42219Civil engineering

43221Plumbing work

Contact

E-mail connect2climate@gmail.com

Phone +32484646060

Scores and ratios are computed by Checked and are not a credit decision.