F & S Climate Creations
ActiveThe computed 12-month bankruptcy probability of F & S Climate Creations is 2.3% (moderate). The 2025 annual accounts show equity of €33k and a net result of €2k. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 68% of 27711 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▼-38
Solvency88▲+14
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.36 against 1.73 in 2024; short-term debt: 36.6% and cash: 11.1% of total assets), and 36.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
63.4%
Return on assets
3.2%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
28 d late
2024
1 d early
2023
on the day
2022
7 d early
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€33k=
2024 · €33k
2022: €10k
2023: €31k
2024: €33k
2022 → 2025
Total assets
€52k▼ 23.3%
2024 · €68k
2022: €32k
2023: €53k
2024: €68k
2022 → 2025
Net result
€2k▼ 86.9%
2024 · €13k
2022: €5k
2023: €21k
2024: €13k
2022 → 2025
Working capital
€26k▲ 1.5%
2024 · €25k
2022: €9k
2023: €29k
2024: €25k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€10k-€31k▲ 205%€33k▲ 6.9%€33k=
Operating result€6k-€27k▲ 327%€15k▼ 42.5%€3k▼ 79.4%
Net result€5k-€21k▲ 309%€13k▼ 38.1%€2k▼ 86.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 79% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €52k
Fixed assets
€7k▼ 5.1%
Current assets
€45k▼ 25.5%
Equity and liabilities €52k
Equity
€33k=
Debt
€19k▼ 45.3%
The debt ratio falls from 51.4% to 36.6%. Debt is lower.
Key figures and ratios
EBITDA
€5k▼
2024 · €16k
Cash flow
€4k▼
2024 · €14k
Solvency
63.4%▲
2024 · 48.6%
Current ratio
2.36▲
2024 · 1.73
Quick ratio
2.36▲
2024 · 1.73
Debt / equity
0.58▼
2024 · 1.06
ROE
5.1%▼
2024 · 38.9%
ROA
3.2%▼
2024 · 18.9%
Interest coverage
3.72▼
2024 · 25.57
Debt
€19k▼
2024 · €35k
Debt ≤ 1 year
€19k▼
2024 · €35k
Income taxes
€2k▼
2024 · €4k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€68k€52k▼
Fixed assets21/28€7k€7k▼
Tangible fixed assets22/27€7k€7k▼
Land and buildings22-€984
Plant, machinery and equipment23€4k€4k▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€60k€45k▼
Amounts receivable within one year40/41€42k€35k▼
Trade receivables40€2k€8k▲
Other amounts receivable41€40k€27k▼
Cash at bank and in hand54/58€14k€6k▼
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€68k€52k▼
Equity10/15€33k€33k=
Contributions10/11€5k€5k=
Profit (loss) carried forward14€28k€28k=
Amounts payable17/49€35k€19k▼
Amounts payable within one year42/48€35k€19k▼
Financial debts43-€31
Credit institutions430/8-€31
Trade debts44€11k€8k▼
Suppliers440/4€11k€8k▼
Taxes, remuneration and social security45€13k€9k▼
Taxes450/3€13k€9k▼
Other amounts payable47/48€11k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€859€2k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€18k€7k▼
Operating profit (loss)9901€15k€3k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€639€1k▲
Recurring financial charges65€639€1k▲
Profit (loss) for the period before taxes9903€17k€4k▼
Income taxes67/77€4k€2k▼
Profit (loss) for the period9904€13k€2k▼
Profit (loss) for the period to be appropriated9905€13k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€29k▼
Profit (loss) brought forward from the previous period14P€26k€28k▲
Profit to be distributed694/7€11k€2k▼
Return on contributions (dividend)694€11k€2k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €2k ▼86.9%
Net result drops to €2k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €21k ▲309%
Operating result €27k, net result €21k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Edegem · 1 establishment unit since 2022
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.
Terelststraat 2752650 EdegemGround area
293 m²
Building footprint
134 m²
Volume, LiDAR
562 m³
Parcel 11472C0213/00Z000, Flanders · tallest building 9.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
F & S Climate Creations
since 20222.331.379.261
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11472C0213/00Z000 | Flanders | 293 m² | 1 · 134 m² | 9.6 m · 1 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.
Similar companies · same sector, comparable size
BoorX
BE 1007.632.634
Brecht · Eq €33k
COSTERS COOLING
BE 0790.975.018
Ardooie · Eq €33k
PLAN CONCEPT SERVICE
BE 0817.208.073
Genappe · Eq €33k
INSTALLATIEBEDRIJF KORTLEVEN
BE 0785.839.263
Maasmechelen · Eq €33k
DI BLASIO MANSY CHAUFFAGE
BE 0475.614.160
La Louvière · Eq €33k
Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,120 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-05-2022
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43212Electrical installation work in industrial facilities
43221Plumbing work
77221Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.