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Klimax tech

Active
Private limited companyfounded 2025active for 1 yearKouter 47, 9000 Gent, BelgiumKBO/BCE: BE 1021.224.809

Financials · financial year 2025, micro format

2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00470952.

Annual accounts 2025 filed on 31-08-2026 at the NBB

Turnover
≈ €230,000
Estimated: probably between €140,000 and €340,000
Total assets
€27,379
Net result
€13,065
Working capital
€12,828

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €27,379
Fixed assets €2,237
Current assets €25,142
Equity and liabilities €27,379
Equity €15,065
Debt €12,314
Debt's share of the balance-sheet total is 45.0%.
Key figures and ratios
2025 value
EBITDA
€16,918
Cash flow
€13,092
Current ratio
2.04
Debt to equity
0.82
ROE
86.7%
ROA
47.7%
Interest coverage
over 100
Debt ≤ 1 year
€12,314
Income taxes
€3,778

Comparable companies

These companies have the same main activity as Klimax tech: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €22,600 and €35,000, founded between 2024 and 2025.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
Klimax tech Gent2025€27,379€15,065€18,648-€13,0652025
LES ENTREPRISES DANIEL & FILS Sint-Agatha-Berchem2025€25,355€13,287€18,504-€13,2872025
OGGIE Tessenderlo-Ham2025€25,566€18,412€22,283-€15,4122025
Leklos Aalst2024€22,622€17,876€17,782-€12,8762025
KSA WARMLIFE Wezembeek-Oppem2024€27,585€5,480€17,726-€1,1512025
TECHNIQUE DESTREE Aiseau-Presles2024€32,523€28,432€22,061-€14,4322025
OPTIMENERGY Rochefort2024€35,048€15,607€18,825€115,831€10,6072025

They were chosen from the 5,585 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 11,279 companies had the same profile as Klimax tech has now. Two years later, 0.7% had gone bankrupt and 96.6% were still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% was still going

The bankruptcy probability of Klimax tech itself is higher: 1.1% within 12 months. It rests on far more data about Klimax tech than the profile alone.

Test of the method

The method was tested on the 497,445 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 11,279 companies, not a prediction for Klimax tech. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 34 lines

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Balance sheet Code2025
Assets
Total assets20/58€27,379
Fixed assets21/28€2,237
Tangible fixed assets22/27€1,973
Furniture and vehicles24€1,973
Financial fixed assets28€264
Current assets29/58€25,142
Amounts receivable within one year40/41€17,481
Trade receivables40€11,926
Other amounts receivable41€5,556
Cash at bank and in hand54/58€7,661
Equity and liabilities
Total equity and liabilities10/49€27,379
Equity10/15€15,065
Contributions10/11€2,000
Profit (loss) carried forward14€13,065
Amounts payable17/49€12,314
Amounts payable within one year42/48€12,314
Trade debts44€4,132
Suppliers440/4€4,132
Taxes, remuneration and social security45€3,778
Taxes450/3€3,778
Other amounts payable47/48€4,404
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27
Other operating charges640/8€1,731
Gross operating margin9900€18,648
Operating profit (loss)9901€16,891
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€48
Recurring financial charges65€48
Profit (loss) for the period before taxes9903€16,843
Income taxes67/77€3,778
Profit (loss) for the period9904€13,065
Profit (loss) for the period to be appropriated9905€13,065
Appropriation of the result
Profit (loss) to be appropriated9906€13,065

The notes to these accounts have 7 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.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27
Other operating charges640/8€1,731
Gross operating margin9900€18,648
Operating profit (loss)9901€16,891
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€48
Recurring financial charges65€48
Profit (loss) for the period before taxes9903€16,843
Income taxes67/77€3,778
Profit (loss) for the period9904€13,065
Profit (loss) for the period to be appropriated9905€13,065
Line2025
Assets
Total assets20/58€27,379
Fixed assets21/28€2,237
Tangible fixed assets22/27€1,973
Furniture and vehicles24€1,973
Financial fixed assets28€264
Current assets29/58€25,142
Amounts receivable within one year40/41€17,481
Trade receivables40€11,926
Other amounts receivable41€5,556
Cash at bank and in hand54/58€7,661
Equity and liabilities
Total equity and liabilities10/49€27,379
Equity10/15€15,065
Contributions10/11€2,000
Profit (loss) carried forward14€13,065
Amounts payable17/49€12,314
Amounts payable within one year42/48€12,314
Trade debts44€4,132
Suppliers440/4€4,132
Taxes, remuneration and social security45€3,778
Taxes450/3€3,778
Other amounts payable47/48€4,404
Line2025
Profit (loss) for the period9904€13,065
+ Depreciation and write-downs630€27
Operating cash flow (approximation)€13,092

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

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Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 31-08-2026 2026-00470952 NBB

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