ILMACHAUF
ActiveSummary
ILMACHAUF has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €164k and a net result of €104k. Equity is growing by ~39.9% per year across the filed fiscal years. Its solvency ranks better than 47% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+19
Solvency69▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.25 against 0.94 in 2023; short-term debt: 56% and cash: 15.5% of total assets), and 56% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-09-2025, 46 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
46 d late
2023
28 d late
2022
66 d late
2021
57 d late
2020
43 d late
2019
33 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€164k▲ 36.9%
2023 · €120k
2018: €22klowest in 7 years
2019: €31k▲ +37.7% vs 2018
2020: €40k▲ +29.7% vs 2019
2021: €96k▲ +141% vs 2020
2022: €147k▲ +52.6% vs 2021
2023: €120k▼ -18.4% vs 2022
2024: €164k▲ +36.9% vs 2023highest in 7 years
2018 → 2024
Total assets
€372k▲ 11.4%
2023 · €334k
2018: €77klowest in 7 years
2019: €93k▲ +20.2% vs 2018
2020: €108k▲ +15.9% vs 2019
2021: €189k▲ +76.0% vs 2020
2022: €283k▲ +49.3% vs 2021
2023: €334k▲ +18.0% vs 2022
2024: €372k▲ +11.4% vs 2023highest in 7 years
2018 → 2024
Net result
€104k▲ 216%
2023 · €33k
2018: €10k
2019: €8k▼ -17.3% vs 2018lowest in 7 years
2020: €19k▲ +127% vs 2019
2021: €71k▲ +273% vs 2020
2022: €51k▼ -29.1% vs 2021
2023: €33k▼ -34.7% vs 2022
2024: €104k▲ +216% vs 2023highest in 7 years
2018 → 2024
Working capital
€52k
2023 · €-13k
2018: €6k
2019: €18k▲ +203% vs 2018
2020: €-19k▼ -206% vs 2019lowest in 7 years
2021: €27k▲ +246% vs 2020
2022: €10k▼ -63.5% vs 2021
2023: €-13k▼ -231% vs 2022
2024: €52k▲ +499% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€40k-€96k▲ 141%€147k▲ 52.6%€120k▼ 18.4%€164k▲ 36.9%
2020: €40klowest in 5 years
2021: €96k▲ +141% vs 2020
2022: €147k▲ +52.6% vs 2021
2023: €120k▼ -18.4% vs 2022
2024: €164k▲ +36.9% vs 2023highest in 5 years
Operating result€27k-€89k▲ 227%€65k▼ 26.4%€44k▼ 33.3%€121k▲ 176%
2020: €27klowest in 5 years
2021: €89k▲ +227% vs 2020
2022: €65k▼ -26.4% vs 2021
2023: €44k▼ -33.3% vs 2022
2024: €121k▲ +176% vs 2023highest in 5 years
Net result€19k-€71k▲ 273%€51k▼ 29.1%€33k▼ 34.7%€104k▲ 216%
2020: €19klowest in 5 years
2021: €71k▲ +273% vs 2020
2022: €51k▼ -29.1% vs 2021
2023: €33k▼ -34.7% vs 2022
2024: €104k▲ +216% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 176% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €372k
Fixed assets
€111k ▼ 16.0%
Current assets
€261k ▲ 29.5%
Equity and liabilities €372k
Equity
€164k ▲ 36.9%
Debt
€208k ▼ 2.8%
Debt's share of the balance-sheet total falls from 64.2% to 56.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€167k▲
2023 · €81k
Cash flow
€150k▲
2023 · €71k
Current ratio
1.25▲
2023 · 0.94
Debt to equity
1.27▼
2023 · 1.79
ROE
63.6%▲
2023 · 27.6%
ROA
28.0%▲
2023 · 9.9%
Interest coverage
387.87▲
2023 · 250.38
Debt ≤ 1 year
€208k▼
2023 · €214k
Income taxes
€17k▲
2023 · €12k
Staff costs
€54k▲
2023 · €32k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€334k€372k▲
Fixed assets21/28€133k€111k▼
Tangible fixed assets22/27€133k€111k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€131k€110k▼
Current assets29/58€201k€261k▲
Amounts receivable within one year40/41€165k€188k▲
Trade receivables40€114k€146k▲
Other amounts receivable41€51k€43k▼
Cash at bank and in hand54/58€19k€58k▲
Deferred charges and accrued income490/1€17k€15k▼
Equity and liabilities
Total equity and liabilities10/49€334k€372k▲
Equity10/15€120k€164k▲
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€2k€2k=
Tax-exempt reserves132€2k€2k=
Profit (loss) carried forward14€111k€156k▲
Amounts payable17/49€214k€208k▼
Amounts payable within one year42/48€214k€208k▼
Trade debts44€135k€123k▼
Suppliers440/4€135k€123k▼
Taxes, remuneration and social security45€38k€26k▼
Taxes450/3€34k€18k▼
Remuneration and social security454/9€4k€7k▲
Other amounts payable47/48€42k€60k▲
Income statement
Code20232024
Remuneration, social security and pensions62€32k€54k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€46k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€116k€225k▲
Operating profit (loss)9901€44k€121k▲
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€325€430▲
Recurring financial charges65€325€430▲
Profit (loss) for the period before taxes9903€45k€122k▲
Income taxes67/77€12k€17k▲
Profit (loss) for the period9904€33k€104k▲
Profit (loss) for the period to be appropriated9905€33k€104k▲
Appropriation of the result
Profit (loss) to be appropriated9906€171k€216k▲
Profit (loss) brought forward from the previous period14P€138k€111k▼
Profit to be distributed694/7€60k€60k=
Return on contributions (dividend)694€60k-
Directors or managers695-€60k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €16k | - | - | - |
| Remuneration, social security and pensions62 | - | €8k | €37k | €32k | €54k | ▲ 66.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €19k | €18k | €38k | €46k | ▲ 21.8% |
| Other operating charges640/8 | - | €3k | €3k | €2k | €4k | ▲ 66.3% |
| Non-recurring operating charges66A | - | - | €378 | - | - | - |
| Gross operating margin9900 | €66k | €119k | €123k | €116k | €225k | ▲ 93.1% |
| Operating profit (loss)9901 | €27k | €89k | €65k | €44k | €121k | ▲ 176% |
| Financial income75/76B | - | €44 | €5 | €1k | €1k | ▼ 6.0% |
| Recurring financial income75 | €135 | €44 | €5 | €1k | €1k | ▼ 6.0% |
| Financial charges65/66B | - | €226 | €283 | €325 | €430 | ▲ 32.1% |
| Recurring financial charges65 | €228 | €226 | €283 | €325 | €430 | ▲ 32.1% |
| Profit (loss) for the period before taxes9903 | €27k | €89k | €65k | €45k | €122k | ▲ 172% |
| Income taxes67/77 | €8k | €17k | €15k | €12k | €17k | ▲ 47.8% |
| Profit (loss) for the period9904 | €19k | €71k | €51k | €33k | €104k | ▲ 216% |
| Profit (loss) for the period to be appropriated9905 | €19k | €71k | €51k | €33k | €104k | ▲ 216% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €108k | €189k | €283k | €334k | €372k | ▲ 11.4% |
| Fixed assets21/28 | €73k | €74k | €137k | €133k | €111k | ▼ 16.0% |
| Tangible fixed assets22/27 | €73k | €74k | €137k | €133k | €111k | ▼ 16.0% |
| Plant, machinery and equipment23 | - | - | €1k | €2k | €1k | ▼ 50.1% |
| Furniture and vehicles24 | - | €74k | €135k | €131k | €110k | ▼ 15.5% |
| Current assets29/58 | €34k | €115k | €146k | €201k | €261k | ▲ 29.5% |
| Amounts receivable within one year40/41 | €31k | €85k | €128k | €165k | €188k | ▲ 14.4% |
| Trade receivables40 | - | €71k | €100k | €114k | €146k | ▲ 27.4% |
| Other amounts receivable41 | - | €14k | €28k | €51k | €43k | ▼ 15.0% |
| Cash at bank and in hand54/58 | €2k | €29k | €4k | €19k | €58k | ▲ 199% |
| Deferred charges and accrued income490/1 | - | €1k | €14k | €17k | €15k | ▼ 15.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €108k | €189k | €283k | €334k | €372k | ▲ 11.4% |
| Equity10/15 | €40k | €96k | €147k | €120k | €164k | ▲ 36.9% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Outside capital11 | - | €6k | €6k | €6k | €6k | = |
| Other1109/19 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €32k | €88k | €138k | €111k | €156k | ▲ 39.6% |
| Amounts payable17/49 | €68k | €93k | €136k | €214k | €208k | ▼ 2.8% |
| Amounts payable after more than one year17 | €15k | €5k | - | - | - | - |
| Financial debts170/4 | - | €5k | - | - | - | - |
| Amounts payable within one year42/48 | €53k | €88k | €136k | €214k | €208k | ▼ 2.8% |
| Current portion of amounts payable after more than one year42 | - | €9k | - | - | - | - |
| Trade debts44 | €12k | €45k | €115k | €135k | €123k | ▼ 9.0% |
| Suppliers440/4 | - | €45k | €115k | €135k | €123k | ▼ 9.0% |
| Taxes, remuneration and social security45 | - | €18k | €22k | €38k | €26k | ▼ 31.5% |
| Taxes450/3 | - | €18k | €16k | €34k | €18k | ▼ 45.5% |
| Remuneration and social security454/9 | - | €767 | €5k | €4k | €7k | ▲ 94.2% |
| Other amounts payable47/48 | - | €15k | - | €42k | €60k | ▲ 42.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €71k | €51k | €33k | €104k | ▲ 216% |
| + Depreciation and write-downs630 | €9k | €19k | €18k | €38k | €46k | ▲ 21.8% |
| Operating cash flow (approximation) | €28k | €90k | €68k | €71k | €150k | ▲ 112% |
| Investment in fixed assets (approximation) | - | €-20k | €-80k | €-34k | €-25k | ▲ 26.9% |
| Change in cash | - | €27k | €-25k | €15k | €38k | ▲ 155% |
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
2025
15-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 46 days late
2024
31-12
Financial
Highest result since 2018net €104k ▲216%
Operating result €121k, net result €104k, both a record.
31-12
Financial
Equity above €150kEq €164k ▲36.9%
7 profitable years in a row build equity to €164k.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
31-12
Financial
Equity above €100kEq €147k ▲52.6%
5 profitable years in a row build equity to €147k.
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 57 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 1.31
Current ratio from 0.65 to 1.31.
12-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 43 days late
2020
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 33 days late
2019
31-12
Financial
Weakest financial yearnet €8k ▼17.3%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
Show earlier events
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 24 days late
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 2 days late
2016
18-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
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, Sint-Pieters-Leeuw · 1 establishment unit since 2012
Ground area
1,166 m²
Building footprint
421 m²
Volume, LiDAR
2,994 m³
Parcel 23077A0167/02S005, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
ILMACHAUF
since 20122.321.758.940
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0167/02S005 | Flanders | 1,166 m² | 1 · 421 m² | 9.8 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Dual-learning approval
3 live approvalsMonteur sanitaire en verwarmingsinstallaties duaal (so)
Sanitaire en verwarmingsinstallaties duaal (so)
Vakman installatietechnieken (vwo)
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Of 7,041 companies in sector 43221 we hold annual accounts for 3,473. 2,972 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
Founded03-05-2012
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
47527Retail trade
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
Scores and ratios are computed by Checked and are not a credit decision.