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Klimasolution

Active
Private limited companyfounded 2024active for 2 yearsProvincieweg 294, 9550 Herzele, BelgiumKBO/BCE: BE 1010.731.882
Summary

The computed 12-month bankruptcy probability of Klimasolution is 4.1% (elevated). The 2025 annual accounts show equity of €29,185 and a net result of €18,774. Its solvency ranks better than 55% of 9,895 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 25-06-2024 Normal situation
Activity
General electrical installation work NACE 43211and 4 others
Establishment unit
2.361.741.548 9550 Herzele, since 25-06-2024
Financial year end
31 December
Peppol
Reachable since 12-02-2025

Board and ownership

Board

Financial position

50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
4.1%
Annual accounts 2025
Gross margin
€27,632
▲ 88.3%
Turnover
≈ €120,000
estimated
Profit
€18,774
▲ 99.5%
Equity
€29,185
▲ 135%
Total assets
€60,948
▲ 195%
  • 2025 accounts filed 30 days after the deadline
Score breakdownraises riskFounded in 2024Liquidity: current ratio 1.94, cash €0, halvedSize: total assets €60,948Last filed accounts filed 30 days late; 1 of the last 3 accounts lateShow the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 65% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 73-12
equity 47.9% of total assets
Liquidity 33+2
short-term debt 37.6% · cash 0.0%
Profitability 100=
return on assets 30.8%
Bankruptcy probability within 12 months
4.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 07-2025: 1.9%lowest value 08-2025: 1.9%● unchanged vs 07-2025lowest value 09-2025: 2.0%▲ +0.1 percentage points vs 08-2025 10-2025: 2.3%▲ +0.3 percentage points vs 09-2025 11-2025: 2.4%▲ +0.1 percentage points vs 10-2025 12-2025: 2.7%▲ +0.3 percentage points vs 11-2025 01-2026: 2.7%● unchanged vs 12-2025 02-2026: 3.0%▲ +0.3 percentage points vs 01-2026 03-2026: 3.0%● unchanged vs 02-2026 04-2026: 5.4%▲ +2.4 percentage points vs 03-2026 05-2026: 5.5%▲ +0.1 percentage points vs 04-2026 06-2026: 5.7%▲ +0.2 percentage points vs 05-2026 07-2026: 5.8%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 5.8%● unchanged vs 07-2026highest value 09-2026: 4.1%▼ -1.7 percentage points vs 08-2026 10-2026: 4.1%● unchanged vs 09-2026 11-2026: 4.1%● unchanged vs 10-2026
Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 1.94 (2.32 in 2024), above the usual 1.5. Short-term debt is 37.6% and cash 0% of total assets. However, 52.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 52% of them on solvency, 21% on liquidity, 92% on profitability and 94% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises risk
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 1.94, cash €0, halved
NBB · annual accounts
raises risk · Size: total assets €60,948
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 30 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
30 days late
2024
222 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 126 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Financials

Financials · financial year 2025, abbreviated format

2025 annual accounts filed 30 days after the deadline Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00453985.

Annual accounts 2025 filed on 30-08-2026 at the NBB all 2 filings

Turnover
≈ €120,000
Estimated: probably between €83,000 and €180,000
Total assets
€60,948▲ 195%
2024 · €20,691
Net result
€18,774▲ 99.5%
2024 · €9,411
Working capital
€21,604▲ 98.0%
2024 · €10,911
Trend over the years

2024 to 2025, 2 financial years

The operating result for 2025 is 77% higher than in 2024.

Operating result€24,421 2025 Net result€18,774 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€13,806-€24,421▲ 76.9%
Net result€9,411within the sector's middle half-€18,774within the sector's middle half▲ 99.5%
Equity€12,411below the sector's middle half-€29,185below the sector's middle half▲ 135%
Total assets€20,691below the sector's middle half-€60,948below the sector's middle half▲ 195%
Debt€8,280-€31,764▲ 284%
Working capital€10,911below the sector's middle half-€21,604within the sector's middle half▲ 98.0%
Solvency60.0%within the sector's middle half-47.9%within the sector's middle half▼ 12.1pp
Current ratio2.32within the sector's middle half-1.94within the sector's middle half▼ 0.38
Return on assets (ROA)45.5%above the sector's middle half-30.8%above the sector's middle half▼ 14.7pp
above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €60,948
Fixed assets €16,419 ▲ 995%
Current assets €44,529 ▲ 132%
Equity and liabilities €60,948
Equity €29,185 ▲ 135%
Debt €31,764 ▲ 284%
Debt's share of the balance-sheet total rises from 40.0% to 52.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€26,729
Cash flow
€21,083
Debt to equity
1.09▲
2024 · 0.67
ROE
64.3%▼
2024 · 75.8%
Interest coverage
40.57
Debt ≤ 1 year
€22,925▲
2024 · €8,280
Debt > 1 year
€8,839
Income taxes
€5,382▲
2024 · €4,416
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20242025
Tangible fixed assets-€17,228
Financial fixed assets€1,500-
Depreciation and write-downs of the year-€2,309

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€20,691€60,948▲
Fixed assets21/28€1,500€16,419▲
Tangible fixed assets22/27-€14,919
Plant, machinery and equipment23-€250
Furniture and vehicles24-€14,669
Financial fixed assets28€1,500€1,500=
Current assets29/58€19,191€44,529▲
Amounts receivable within one year40/41€19,109€44,135▲
Trade receivables40€15,282€31,080▲
Other amounts receivable41€3,827€13,055▲
Cash at bank and in hand54/58€24€0▼
Deferred charges and accrued income490/1€57€394▲
Equity and liabilities
Total equity and liabilities10/49€20,691€60,948▲
Equity10/15€12,411€29,185▲
Contributions10/11€3,000€3,000=
Reserves13€9,411€25,411▲
Distributable reserves133€9,411€25,411▲
Profit (loss) carried forward14-€774
Amounts payable17/49€8,280€31,764▲
Amounts payable after more than one year17-€8,839
Financial debts170/4-€8,839
Amounts payable within one year42/48€8,280€22,925▲
Current portion of amounts payable after more than one year42-€3,545
Financial debts43-€395
Credit institutions430/8-€395
Trade debts44€2,381€3,605▲
Suppliers440/4€2,381€3,605▲
Taxes, remuneration and social security45€4,416€11,898▲
Taxes450/3€4,416€11,898▲
Other amounts payable47/48€1,483€3,483▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2,309
Other operating charges640/8€865€903▲
Gross operating margin9900€14,671€27,632▲
Operating profit (loss)9901€13,806€24,421▲
Financial income75/76B€64€394▲
Recurring financial income75€64€394▲
Financial charges65/66B€44€659▲
Recurring financial charges65€44€659▲
Profit (loss) for the period before taxes9903€13,827€24,156▲
Income taxes67/77€4,416€5,382▲
Profit (loss) for the period9904€9,411€18,774▲
Profit (loss) for the period to be appropriated9905€9,411€18,774▲
Appropriation of the result
Profit (loss) to be appropriated9906€9,411€18,774▲
Transfer to equity691/2€9,411€16,000▲
To other reserves6921€9,411€16,000▲
Profit to be distributed694/7-€2,000
Directors or managers695-€2,000

The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-08-2026.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2,309-
Other operating charges640/8€865€903▲ 4.4%
Gross operating margin9900€14,671€27,632▲ 88.3%
Operating profit (loss)9901€13,806€24,421▲ 76.9%
Financial income75/76B€64€394▲ 516%
Recurring financial income75€64€394▲ 516%
Financial charges65/66B€44€659▲ 15×
Recurring financial charges65€44€659▲ 15×
Profit (loss) for the period before taxes9903€13,827€24,156▲ 74.7%
Income taxes67/77€4,416€5,382▲ 21.9%
Profit (loss) for the period9904€9,411€18,774▲ 99.5%
Profit (loss) for the period to be appropriated9905€9,411€18,774▲ 99.5%
Line20242025Change
Assets
Total assets20/58€20,691€60,948▲ 195%
Fixed assets21/28€1,500€16,419▲ 995%
Tangible fixed assets22/27-€14,919-
Plant, machinery and equipment23-€250-
Furniture and vehicles24-€14,669-
Financial fixed assets28€1,500€1,500=
Current assets29/58€19,191€44,529▲ 132%
Amounts receivable within one year40/41€19,109€44,135▲ 131%
Trade receivables40€15,282€31,080▲ 103%
Other amounts receivable41€3,827€13,055▲ 241%
Cash at bank and in hand54/58€24€0▼ 100%
Deferred charges and accrued income490/1€57€394▲ 589%
Equity and liabilities
Total equity and liabilities10/49€20,691€60,948▲ 195%
Equity10/15€12,411€29,185▲ 135%
Contributions10/11€3,000€3,000=
Reserves13€9,411€25,411▲ 170%
Distributable reserves133€9,411€25,411▲ 170%
Profit (loss) carried forward14-€774-
Amounts payable17/49€8,280€31,764▲ 284%
Amounts payable after more than one year17-€8,839-
Financial debts170/4-€8,839-
Amounts payable within one year42/48€8,280€22,925▲ 177%
Current portion of amounts payable after more than one year42-€3,545-
Financial debts43-€395-
Credit institutions430/8-€395-
Trade debts44€2,381€3,605▲ 51.4%
Suppliers440/4€2,381€3,605▲ 51.4%
Taxes, remuneration and social security45€4,416€11,898▲ 169%
Taxes450/3€4,416€11,898▲ 169%
Other amounts payable47/48€1,483€3,483▲ 135%
Line20242025Change
Profit (loss) for the period9904€9,411€18,774▲ 99.5%
+ Depreciation and write-downs630-€2,309-
Operating cash flow (approximation)€9,411€21,083▲ 124%
Investment in fixed assets (approximation)--€17,228-
Change in cash--€24-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 39,278 companies had the same profile as Klimasolution has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% was still going

The bankruptcy probability of Klimasolution itself is higher: 4.1% within 12 months. It rests on far more data about Klimasolution than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for Klimasolution. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 30-08-2026 2026-00453985 PDF
31-12-2024 abbreviated format 10-03-2026 2026-00051232 PDF

Board & ownership

Directors

Directors
1 director, no change since 2024
CHARLE, Miguel Roger Bertrand
Director (not named in the articles) · since 25-06-2024 · listed in the 2025 annual accounts, filed on 30-08-2026
Current

Owners and capital

Shareholders

At incorporation act of 27-06-2024 ↗

Capital transactions

Capital over time
  1. 27-06-2024 Incorporation · €3,000 · 100 shares

Articles of association

Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
“Ieder aandeel gelijk recht in winstverdeling en vereffeningsaldo, 100”

Articles of association, deed of 27-06-2024 (in Dutch)

Network & group

Holdings and subsidiaries

1 holding

Holdings 1

Companies at the same address

1 other company

Connections & network

1 current director
Depth

The network starts from the directors of Klimasolution. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
30-08
NBB filing Annual accounts 2025 filedNBB
abbreviated format · 30 days late
10-03
NBB filing Annual accounts 2024 filedNBB
abbreviated format · 222 days late
2024
27-06
Gazette deed Incorporation
Starting capital €3,000 · Appointment: CHARLE, Miguel Roger Bertrand (director) · Founder13 points ▸
  • Founder, CHARLE, Miguel Roger Bertrand
  • Incorporation, “Klimasolution” (deed in Dutch)
  • Founding capital, €3,000
  • Other provision, “financieel plan, ten minste 2 jaar” (deed in Dutch)
  • Capital contribution, €3,000
  • Bank account, “BE31 0689 5121 3955, bijzondere rekening op naam van vennootschap in oprichting” (deed in Dutch)
  • CHARLE, Miguel Roger Bertrand holds 100 shares
  • Other provision, “bewijs van deponering, 1 maand” (deed in Dutch)
  • Other provision, “statuten luiden als volgt, vaststelling statuten” (deed in Dutch)
  • Other provision, “eerste jaarvergadering-eerste boekjaar”, 31-12-2024 (deed in Dutch)
  • Registered office clause, “9550 Herzele, Provincieweg 294” (deed in Dutch)
  • Director appointment, CHARLE, Miguel Roger Bertrand (director (not named in the articles))
  • The act holds 1 more point.

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

Klimasolution was incorporated on 25 June 2024 as a private limited company by one natural person, with a starting capital of €3,000.12 Since 2024, CHARLE, Miguel Roger Bertrand has served as director.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 27-06-2024
  3. 3National Bank, annual accounts 2025

Company details

Register details

Identity

KBO record
Name Klimasolution in Dutch
Enterprise number 1010.731.882
Legal form Private limited company
Status Active, normale toestand
Founded 25-06-2024
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 27-06-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, exploitatiezetels, administratieve zetels, filialen, agentschappen en depots in België of buitenland bij beslissing…”
deed of 27-06-2024 (in Dutch)

Registered office and establishments

Registered office Provincieweg 294, 9550 Herzele, Belgium
Establishment unit Klimasolution, Provincieweg 294, 9550 Herzele since 25-06-2024 · unit number 2.361.741.548

Activities

NACEBEL 2025
43211 General electrical installation work main activity
33200 Installation of industrial machinery and equipment
43221 Plumbing work
43222 Installation of electric heating, air conditioning, cooling and ventilation
64210 Activities of holding companies
Codes under NACEBEL 2008
43211 Specialised construction activities main activity
33200 Installation of industrial machinery and equipment
43221 Plumbing
43222 Specialised construction activities
64200 Holdings
PurposeThe purpose describes the activities the company may carry out under its articles.
“De installatie, onderhoud en herstelling van verwarmingsinstallaties, koelsystemen, airconditioning, warmtepompen, klimaatregeling…”
17 activities
  1. De installatie, onderhoud en herstelling van verwarmingsinstallaties, koelsystemen, airconditioning, warmtepompen, klimaatregeling, automatisatie en ventilatie (HVAC)
  2. De installatie, het herstellen en het onderhouden van sanitaire inrichtingen, lood-, koper- en zinkwerk en installatie van waterverzachters
  3. Het plaatsen, onderhouden en herstellen van alle soorten branders
  4. Elektrotechnische installatiewerken, installatie van elektrische bedrading en toebehoren, bedrading voor telefooninstallaties en van elektrische verwarmingsinstallaties
  5. Het repareren en onderhouden van verwarmingsinstallaties
  6. Algemeen loodgieterswerk in de ruimste zin van het woord
  7. Het installeren van industriële machines, toestellen en werktuigen, het installeren van hulpvoedingssystemen, elektrische verwarmingsinstallaties, elektrische bedrading en toebehoren
  8. Het uitvoeren van elektrotechnische installatiewerken
  9. Het leveren van diverse ondersteunende activiteiten ten behoeve van voorzieningen
  10. De productie en distributie van stoom en gekoelde lucht
  11. De winning, behandeling en distributie van water en afvalwaterafvoer
  12. De groot-, klein- en detailhandel in de ruimste zin van het woord en via alle mogelijke kanalen zoals, maar niet beperkt tot, fysieke verkoop, verkoop vanop afstand, verkoop via dropshipping, enzovoort
  13. Holdingactiviteiten en het verschaffen van participaties in andere vennootschappen
  14. Het verlenen van dienst- en consultancyprestaties van administratieve, technische, commerciële en bedrijfseconomische aard in de meest uitgebreide betekenis
  15. Het verlenen van managementactiviteiten en het besturen van andere vennootschappen
  16. Het verlenen aan bedrijven en particulieren van advies en bijstand en het voeren voor hen van het beleid en het beheer op technisch, commercieel, administratief en bedrijfseconomisch vlak
  17. De vennootschap is bevoegd om alle handelingen te stellen die rechtstreeks of onrechtstreeks verband houden met haar voorwerp
deed of 27-06-2024 (in Dutch)

Invoicing and payment

VAT number BE 1010.731.882
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1010731882
Other Peppol ID 9925:BE1010731882
Registered 12-02-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1010.731.882

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of June at 20:00
deed of 27-06-2024 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
1,726 m²
Building footprint
232 m²
Building volume
1,049 m³
Cadastral parcel Region Area Buildings Height / floors
41028B0669/00G003 Flanders 1,726 m² 1 · 232 m² 9.3 m · 1