JOHNSON CONTROLS
ActiveSummary
JOHNSON CONTROLS has been active since 1964 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.1m and a net result of -€4.3m. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 16% of 6,055 sector peers (NACE 46, fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Financials · fiscal year 2025, full schema, statutory accounts
In the rankings
#5 employer in Dilbeek, Wholesale and retail trade sector#8 company by total assets in Dilbeek, Wholesale and retail trade sector#8 oldest company in Dilbeek, Wholesale and retail trade sector
Turnover
€87.5m▼ 6.3%
2024 · €93.4m
EBIT margin
-4.4%▼ 8.8pp
2024 · 4.4%
Net result
-€4.3m
2024 · €4.4m
Working capital
€10.5m▼ 25.1%
2024 · €14.0m
Trend over the years
2021 to 2025, 5 fiscal years 2019 to 2025, 7 fiscal years
The operating result turns negative in 2025: a loss of €3.9m after €4.1m in 2024.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
Turnover€87.5m
2025
Operating result-€3.9m
2025
Net result-€4.3m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€86.4m
2025
Equity€12.1m
2025
Debt€73.8m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€10.5m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin-4.4%
2025
Return on assets (ROA)-5.0%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency14.0%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.14
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)310.9
2025
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2019202020212022202320242025
Turnover€34.3m-€31.2m▼ 8.9%€46.4m▲ 48.4%€65.1m▲ 40.3%€74.2m▲ 14.1%€93.4m▲ 25.8%€87.5m▼ 6.3%
Operating result€1.6m-€0.5m▼ 65.0%-€0.2m-€4.9m▼ 1,979%-€10.6m▼ 116%€4.1m-€3.9m
Net result€0.4m-€0.07mwithin the sector's middle half▼ 82.5%-€6.7mbelow the sector's middle half-€5.3mbelow the sector's middle half▲ 21.1%-€12.1mbelow the sector's middle half▼ 129%€4.4mabove the sector's middle half-€4.3mbelow the sector's middle half
EBIT margin4.6%-1.8%▼ 2.8pp-0.5%▼ 2.3pp-7.6%▼ 7.1pp-14.3%▼ 6.8pp4.4%▲ 18.7pp-4.4%▼ 8.8pp
Equity€11.2m-€6.9mabove the sector's middle half▼ 38.9%€9.4mabove the sector's middle half▲ 36.7%€4.1mwithin the sector's middle half▼ 56.2%€12.0mabove the sector's middle half▲ 192%€16.4mabove the sector's middle half▲ 36.5%€12.1mabove the sector's middle half▼ 26.1%
Total assets€24.7m-€23.2mabove the sector's middle half▼ 6.4%€96.0mabove the sector's middle half▲ 315%€298.8mabove the sector's middle half▲ 211%€360.1mabove the sector's middle half▲ 20.5%€107.4mabove the sector's middle half▼ 70.2%€86.4mabove the sector's middle half▼ 19.6%
Debt€13.2m-€16.2m▲ 22.9%€86.3m▲ 433%€294.4m▲ 241%€348.0m▲ 18.2%€90.6m▼ 74.0%€73.8m▼ 18.6%
Working capital€11.7m-€7.1mabove the sector's middle half▼ 39.5%€9.4mabove the sector's middle half▲ 32.4%€2.1mwithin the sector's middle half▼ 77.7%€9.9mabove the sector's middle half▲ 371%€14.0mabove the sector's middle half▲ 41.8%€10.5mabove the sector's middle half▼ 25.1%
Solvency45.4%-29.6%within the sector's middle half▼ 15.8pp9.8%below the sector's middle half▼ 19.9pp1.4%below the sector's middle half▼ 8.4pp3.3%below the sector's middle half▲ 2.0pp15.3%below the sector's middle half▲ 11.9pp14.0%below the sector's middle half▼ 1.2pp
Current ratio1.91-1.44within the sector's middle half▼ 0.461.11below the sector's middle half▼ 0.331.01below the sector's middle half▼ 0.111.03below the sector's middle half▲ 0.021.15below the sector's middle half▲ 0.131.14below the sector's middle half▼ 0.01
Return on assets (ROA)1.6%-0.3%below the sector's middle half▼ 1.3pp-7.0%below the sector's middle half▼ 7.3pp-1.8%below the sector's middle half▲ 5.2pp-3.4%below the sector's middle half▼ 1.6pp4.1%within the sector's middle half▲ 7.4pp-5.0%below the sector's middle half▼ 9.0pp
Staff (FTE)129.6-133.5above the sector's middle half▲ 3.0%161.3above the sector's middle half▲ 20.8%327.5above the sector's middle half▲ 103%335.9above the sector's middle half▲ 2.6%321.8above the sector's middle half▼ 4.2%310.9above the sector's middle half▼ 3.4%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €86.4m
Fixed assets
€2.7m ▼ 1.7%
Current assets
€83.6m ▼ 20.0%
Equity and liabilities €86.4m
Equity
€12.1m ▼ 26.1%
Provisions
€454,442 ▲ 37.7%
Debt
€73.8m ▼ 18.6%
Debt's share of the balance-sheet total rises from 84.4% to 85.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€3.7m▼
2024 · €4.3m
Cash flow
-€4.1m▼
2024 · €4.6m
Quick ratio
1.02▲
2024 · 1.02
Debt to equity
6.09▲
2024 · 5.53
ROE
-35.4%▼
2024 · 26.7%
Interest coverage
-1.81▼
2024 · 1.18
Debt ≤ 1 year
€73.2m▼
2024 · €90.6m
Income taxes
€82,710▼
2024 · €245,963
Staff costs
€30.7m▼
2024 · €31.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 137 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 96% are still going.
- Large
- solvency 10 to 30%
- a small loss
- without age
2.2%
went bankrupt
2.2%
stopped otherwise
96%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 137 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | €51.0m | €75.2m | €91.5m | €126.7m | €115.4m | ▼ 8.9% |
| Turnover70 | €34.3m | €31.2m | €46.4m | €65.1m | €74.2m | €93.4m | €87.5m | ▼ 6.3% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | €1.0m | €3.2m | €11.2m | €24.3m | €24.5m | ▲ 0.7% |
| Other operating income74 | - | - | €3.7m | €6.8m | €6.1m | €6.3m | €3.4m | ▼ 45.2% |
| Non-recurring operating income76A | - | - | - | €0.04m | - | €2.7m | €0 | ▼ 100% |
| Operating charges60/66A | - | - | €51.2m | €80.1m | €102.1m | €122.6m | €119.3m | ▼ 2.7% |
| Goods for resale, raw materials and consumables60 | - | - | €18.8m | €32.7m | €55.4m | €65.3m | €61.2m | ▼ 6.3% |
| Purchases600/8 | - | - | €19.4m | €32.4m | €55.3m | €65.6m | €61.0m | ▼ 7.0% |
| Change in stocks: decrease (increase)609 | - | - | -€0.6m | €0.3m | €0.1m | -€0.3m | €0.2m | ▲ 163% |
| Services and other goods61 | - | - | €10.8m | €15.8m | €16.5m | €18.8m | €20.6m | ▲ 9.7% |
| Remuneration, social security and pensions62 | - | - | €21.2m | €31.1m | €25.1m | €31.6m | €30.7m | ▼ 2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.01m | €0.01m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 8.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | -€0.03m | -€0.08m | €0.006m | €0.3m | €0.01m | ▼ 95.8% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | €0.07m | -€0.2m | - | - | - | - |
| Other operating charges640/8 | - | - | €0.3m | €0.5m | €1.3m | €4.3m | €3.7m | ▼ 13.1% |
| Non-recurring operating charges66A | - | - | - | - | €3.5m | €2.1m | €2.8m | ▲ 35.9% |
| Operating profit (loss)9901 | €1.6m | €0.5m | -€0.2m | -€4.9m | -€10.6m | €4.1m | -€3.9m | ▼ 194% |
| Financial income75/76B | - | - | €3.5m | €1.7m | €1.5m | €4.6m | €2.3m | ▼ 49.2% |
| Recurring financial income75 | €0.02m | €0.004m | €3.5m | €1.7m | €1.5m | €4.6m | €2.3m | ▼ 49.2% |
| Income from financial fixed assets750 | - | - | €3.0m | - | €0.02m | - | - | - |
| Income from current assets751 | - | - | €0.4m | €1.7m | €1.5m | €4.2m | €2.2m | ▼ 48.1% |
| Other financial income752/9 | - | - | €0.02m | €0.06m | - | €0.3m | €0.1m | ▼ 63.6% |
| Financial charges65/66B | - | - | €9.6m | €2.2m | €2.9m | €4.0m | €2.6m | ▼ 34.6% |
| Recurring financial charges65 | €0.03m | €0.09m | €0.4m | €2.2m | €2.9m | €4.0m | €2.6m | ▼ 34.6% |
| Debt charges650 | €0.007m | €0.08m | €0.3m | €2.2m | €2.8m | €3.7m | €2.0m | ▼ 44.9% |
| Other financial charges652/9 | - | - | €0.04m | €0.05m | €0.03m | €0.4m | €0.6m | ▲ 69.9% |
| Non-recurring financial charges66B | - | - | €9.2m | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €1.6m | €0.5m | -€6.4m | -€5.4m | -€12.0m | €4.6m | -€4.2m | ▼ 191% |
| Income taxes67/77 | €1.2m | €0.4m | €0.3m | -€0.1m | €0.1m | €0.2m | €0.08m | ▼ 66.4% |
| Taxes670/3 | - | - | €0.3m | €0.1m | €0.1m | €0.2m | €0.08m | ▼ 66.4% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €0.2m | - | - | - | - |
| Profit (loss) for the period9904 | €0.4m | €0.07m | -€6.7m | -€5.3m | -€12.1m | €4.4m | -€4.3m | ▼ 198% |
| Profit (loss) for the period to be appropriated9905 | €0.4m | €0.07m | -€6.7m | -€5.3m | -€12.1m | €4.4m | -€4.3m | ▼ 198% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €24.7m | €23.2m | €96.0m | €298.8m | €360.1m | €107.4m | €86.4m | ▼ 19.6% |
| Fixed assets21/28 | €0.03m | €0.02m | €3.1m | €3.1m | €2.9m | €2.8m | €2.7m | ▼ 1.7% |
| Intangible fixed assets21 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Tangible fixed assets22/27 | €0.03m | €0.02m | €1.2m | €1.1m | €1.0m | €0.8m | €0.8m | ▼ 5.6% |
| Land and buildings22 | - | - | - | - | - | €0.03m | €0.06m | ▲ 101% |
| Plant, machinery and equipment23 | - | - | €0.8m | €0.7m | €0.7m | €0.6m | €0.6m | ▼ 0.4% |
| Furniture and vehicles24 | - | - | €0.09m | €0.1m | €0.08m | €0.03m | €0.02m | ▼ 39.9% |
| Other tangible fixed assets26 | - | - | €0.3m | €0.3m | €0.2m | €0.1m | €0.07m | ▼ 43.8% |
| Assets under construction and advance payments27 | - | - | - | - | - | €300 | €0 | ▼ 100% |
| Financial fixed assets28 | - | - | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | = |
| Affiliated companies280/1 | - | - | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | = |
| Participating interests280 | - | - | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | = |
| Other financial fixed assets284/8 | - | - | €0.01m | - | - | - | - | - |
| Amounts receivable and cash guarantees285/8 | - | - | €0.01m | - | - | - | - | - |
| Current assets29/58 | €24.7m | €23.1m | €92.9m | €295.7m | €357.2m | €104.6m | €83.6m | ▼ 20.0% |
| Amounts receivable after more than one year29 | - | - | - | €0.6m | €0.6m | - | - | - |
| Trade receivables290 | - | - | - | €0.6m | €0.6m | - | - | - |
| Stocks and contracts in progress3 | €0.007m | €0.06m | €18.6m | €13.9m | €13.3m | €12.4m | €8.8m | ▼ 29.1% |
| Stocks30/36 | - | - | €1.7m | €2.2m | €2.8m | €3.5m | €2.1m | ▼ 39.5% |
| Raw materials and consumables30/31 | - | - | €1.1m | €1.9m | €2.8m | €3.5m | €2.1m | ▼ 39.5% |
| Goods purchased for resale34 | - | - | €0.5m | €0.3m | - | - | - | - |
| Contracts in progress37 | - | - | €16.9m | €11.7m | €10.5m | €8.9m | €6.7m | ▼ 25.0% |
| Amounts receivable within one year40/41 | €8.4m | €8.2m | €69.2m | €273.1m | €342.5m | €74.2m | €39.8m | ▼ 46.4% |
| Trade receivables40 | - | - | €13.2m | €14.1m | €16.0m | €16.9m | €13.0m | ▼ 22.9% |
| Other amounts receivable41 | - | - | €56.1m | €259.0m | €326.4m | €57.3m | €26.7m | ▼ 53.3% |
| Cash at bank and in hand54/58 | €12.7m | €11.8m | €4.9m | €8.0m | €0.7m | €17.6m | €34.5m | ▲ 96.4% |
| Deferred charges and accrued income490/1 | - | - | €0.3m | €0.1m | €0.2m | €0.5m | €0.6m | ▲ 23.6% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €24.7m | €23.2m | €96.0m | €298.8m | €360.1m | €107.4m | €86.4m | ▼ 19.6% |
| Equity10/15 | €11.2m | €6.9m | €9.4m | €4.1m | €12.0m | €16.4m | €12.1m | ▼ 26.1% |
| Contributions10/11 | €10.1m | - | €22.9m | €22.9m | €42.9m | €42.9m | €42.9m | = |
| Reserves13 | €1.2m | €0.09m | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Non-distributable reserves130/1 | - | - | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Other1319 | - | - | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Tax-exempt reserves132 | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Distributable reserves133 | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Profit (loss) carried forward14 | €2.1m | €0.07m | -€14.7m | -€20.0m | -€32.1m | -€27.7m | -€32.0m | ▼ 15.5% |
| Provisions and deferred taxes16 | €0.3m | €0.1m | €0.3m | €0.2m | €0.08m | €0.3m | €0.5m | ▲ 37.7% |
| Provisions for liabilities and charges160/5 | - | - | €0.3m | €0.2m | €0.08m | €0.3m | €0.5m | ▲ 37.7% |
| Pensions and similar obligations160 | - | - | €0.007m | - | - | - | - | - |
| Other liabilities and charges164/5 | - | - | €0.3m | €0.2m | €0.08m | €0.3m | €0.5m | ▲ 37.7% |
| Amounts payable17/49 | €13.2m | €16.2m | €86.3m | €294.4m | €348.0m | €90.6m | €73.8m | ▼ 18.6% |
| Amounts payable within one year42/48 | €13.0m | €16.0m | €83.5m | €293.6m | €347.3m | €90.6m | €73.2m | ▼ 19.3% |
| Financial debts43 | - | - | €0.5m | €213.2m | €271.8m | - | - | - |
| Credit institutions430/8 | - | - | €0.5m | €213.2m | €271.8m | - | - | - |
| Trade debts44 | €6.8m | €5.8m | €8.9m | €9.9m | €8.8m | €4.6m | €6.9m | ▲ 50.3% |
| Suppliers440/4 | - | - | €8.9m | €9.9m | €8.8m | €4.6m | €6.9m | ▲ 50.3% |
| Advances received on contracts in progress46 | - | - | €14.9m | €6.9m | €12.0m | €10.7m | €10.7m | ▼ 0.1% |
| Taxes, remuneration and social security45 | - | - | €7.1m | €7.4m | €7.0m | €8.3m | €7.1m | ▼ 14.1% |
| Taxes450/3 | - | - | €0.9m | €0.6m | €0.2m | €1.3m | €0.8m | ▼ 36.6% |
| Remuneration and social security454/9 | - | - | €6.2m | €6.8m | €6.8m | €7.1m | €6.3m | ▼ 10.1% |
| Other amounts payable47/48 | - | - | €52.1m | €56.3m | €47.8m | €67.0m | €48.4m | ▼ 27.7% |
| Accrued charges and deferred income492/3 | - | - | €2.8m | €0.8m | €0.7m | €0.02m | €0.6m | ▲ 2,546% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.4m | €0.07m | -€6.7m | -€5.3m | -€12.1m | €4.4m | -€4.3m | ▼ 198% |
| + Depreciation and write-downs630 | €0.01m | €0.01m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 8.9% |
| Operating cash flow (approximation) | €0.4m | €0.08m | -€6.5m | -€5.1m | -€11.9m | €4.6m | -€4.1m | ▼ 188% |
| Investment in fixed assets (approximation) | - | €0.002m | -€3.2m | -€0.2m | -€0.05m | -€0.08m | -€0.2m | ▼ 108% |
| Change in cash | - | -€0.9m | -€6.9m | €3.1m | -€7.3m | €16.9m | €16.9m | ▲ 0.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Of 143 companies in this sector we hold annual accounts for 91. 21 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Subsidies and aid
European Union, budget
2021 to 2025 · 11 entries · €4.0m in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 5 | €0.6m |
| 2024 | 1 | €0.5m |
| 2023 | 1 | €1.0m |
| 2022 | 1 | €1.1m |
| 2021 | 3 | €0.9m |
Projects
NETTOYAGE ET ENTRETIEN
CLEANING AND MAINTENANCE