optima Calora
ActiveSummary
optima Calora has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €271,072 and a net result of €72,445. Equity is growing by ~29% per year across the filed fiscal years. Its solvency ranks better than 68% of 28806 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
What they do
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
2 sites
How big
€426,726total assets 2025
- Equity
- €271,072
- Profit
- €72,445
Turnover not published (abridged schema)
Who decides
Accounts on time0 of 3 deeds read
Why 83- Higher-failure-rate sector- Multiple establishment units+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability90▲+7
Solvency89▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity ample (current ratio 4.24 against 4.73 in 2024; short-term debt: 19.3% and cash: 61.3% of total assets), and 36.5% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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 · 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
63.5%
Return on assets
17%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
on the day
2024
108 d early
2023
58 d early
2022
14 d late
2021
29 d late
2020
27 d late
2019
19 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 31 July (4 of the last 5 filed years within 57 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Financials
Fiscal year 2025Total assets €426,726Profit €72,445Solvency 63.5%Liquidity 4.24
Total assets
€426,726▼ 13.6%
2018 - 2025
Net result
€72,445▲ 25.8%
2018 - 2025
Equity
€271,072▼ 16.2%
2018 - 2025
Solvency
63.5%▼ 2.0pp
2018 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at 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 43, Specialised construction activities, 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).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€90,104▲ 862%€105,125▲ 16.7%€177,139▲ 68.5%€70,463▼ 60.2%€123,145▲ 74.8%
Net result€61,838above the sector's middle half▲ 1,254%€74,444above the sector's middle half▲ 20.4%€120,397above the sector's middle half▲ 61.7%€57,604above the sector's middle half▼ 52.2%€72,445above the sector's middle half▲ 25.8%
Equity€155,981above the sector's middle half▲ 65.7%€230,425above the sector's middle half▲ 47.7%€266,022above the sector's middle half▲ 15.4%€323,626above the sector's middle half▲ 21.7%€271,072above the sector's middle half▼ 16.2%
Total assets€435,178above the sector's middle half▲ 19.7%€464,588above the sector's middle half▲ 6.8%€468,375above the sector's middle half▲ 0.8%€493,624above the sector's middle half▲ 5.4%€426,726above the sector's middle half▼ 13.6%
Debt€279,197▲ 3.7%€234,162▼ 16.1%€202,353▼ 13.6%€169,997▼ 16.0%€155,654▼ 8.4%
Working capital€114,950above the sector's middle half▲ 71.2%€167,844above the sector's middle half▲ 46.0%€273,703above the sector's middle half▲ 63.1%€331,189above the sector's middle half▲ 21.0%€267,420above the sector's middle half▼ 19.3%
Solvency35.8%within the sector's middle half▲ 9.9pp49.6%within the sector's middle half▲ 13.8pp56.8%within the sector's middle half▲ 7.2pp65.6%within the sector's middle half▲ 8.8pp63.5%within the sector's middle half▼ 2.0pp
Current ratio2.58within the sector's middle half▲ 0.174.93above the sector's middle half▲ 2.353.42above the sector's middle half▼ 1.514.73above the sector's middle half▲ 1.314.24above the sector's middle half▼ 0.49
Return on assets (ROA)14.2%within the sector's middle half▲ 13.0pp16.0%within the sector's middle half▲ 1.8pp25.7%above the sector's middle half▲ 9.7pp11.7%within the sector's middle half▼ 14.0pp17.0%within the sector's middle half▲ 5.3pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 75% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €426,726
Fixed assets
€76,828 ▲ 4.2%
Current assets
€349,898 ▼ 16.7%
Equity and liabilities €426,726
Equity
€271,072 ▼ 16.2%
Debt
€155,654 ▼ 8.4%
Debt's share of the balance-sheet total rises from 34.4% to 36.5%. Equity and debt are lower.
Key figures and ratios
Key figures and ratios
EBITDA
€130,335▲
2024 · €78,321
Cash flow
€79,636▲
2024 · €65,462
Quick ratio
3.51▲
2024 · 0.83
Debt to equity
0.57▲
2024 · 0.53
ROE
26.7%▲
2024 · 17.8%
Interest coverage
37.60▲
2024 · 23.83
Debt ≤ 1 year
€82,478▼
2024 · €88,733
Debt > 1 year
€73,176▼
2024 · €81,265
Income taxes
€48,274▲
2024 · €9,869
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 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 34,696 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €131,060 | €0 | €1,904 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,789 | €12,883 | €9,519 | €7,858 | €7,191 | ▼ 8.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €2,953 | -€57 | -€660 | -€3,000 | -€2,632 | ▲ 12.3% |
| Other operating charges640/8 | €2,882 | €5,837 | €7,273 | €4,934 | €40,790 | ▲ 727% |
| Gross operating margin9900 | €104,728 | €123,788 | €193,270 | €80,255 | €168,493 | ▲ 110% |
| Operating profit (loss)9901 | €90,104 | €105,125 | €177,139 | €70,463 | €123,145 | ▲ 74.8% |
| Financial income75/76B | €37 | €82 | €64 | €297 | €1,041 | ▲ 251% |
| Recurring financial income75 | €37 | €82 | €64 | €297 | €1,041 | ▲ 251% |
| Financial charges65/66B | €4,418 | €4,133 | €4,350 | €3,286 | €3,466 | ▲ 5.5% |
| Recurring financial charges65 | €4,418 | €4,133 | €4,350 | €3,286 | €3,466 | ▲ 5.5% |
| Profit (loss) for the period before taxes9903 | €85,723 | €101,073 | €172,852 | €67,474 | €120,719 | ▲ 78.9% |
| Income taxes67/77 | €23,884 | €26,630 | €52,455 | €9,869 | €48,274 | ▲ 389% |
| Profit (loss) for the period9904 | €61,838 | €74,444 | €120,397 | €57,604 | €72,445 | ▲ 25.8% |
| Profit (loss) for the period to be appropriated9905 | €61,838 | €74,444 | €120,397 | €57,604 | €72,445 | ▲ 25.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €435,178 | €464,588 | €468,375 | €493,624 | €426,726 | ▼ 13.6% |
| Fixed assets21/28 | €247,591 | €254,019 | €81,560 | €73,702 | €76,828 | ▲ 4.2% |
| Tangible fixed assets22/27 | €247,591 | €254,019 | €81,560 | €73,702 | €76,828 | ▲ 4.2% |
| Land and buildings22 | €234,763 | €229,330 | €64,496 | €62,601 | €60,707 | ▼ 3.0% |
| Plant, machinery and equipment23 | €5,690 | €15,579 | €12,255 | €8,961 | €6,309 | ▼ 29.6% |
| Furniture and vehicles24 | €7,138 | €9,110 | €4,809 | €2,139 | €9,812 | ▲ 359% |
| Current assets29/58 | €187,588 | €210,569 | €386,816 | €419,922 | €349,898 | ▼ 16.7% |
| Stocks and contracts in progress3 | €28,989 | €54,712 | €323,306 | €345,894 | €60,294 | ▼ 82.6% |
| Stocks30/36 | €28,989 | €54,712 | €323,306 | €345,894 | €60,294 | ▼ 82.6% |
| Amounts receivable within one year40/41 | €41,326 | €17,840 | €15,963 | €25,478 | €23,575 | ▼ 7.5% |
| Trade receivables40 | €34,640 | €6,343 | €4,919 | €10,232 | €8,134 | ▼ 20.5% |
| Other amounts receivable41 | €6,686 | €11,497 | €11,044 | €15,246 | €15,442 | ▲ 1.3% |
| Cash at bank and in hand54/58 | €115,769 | €135,721 | €44,989 | €45,161 | €261,516 | ▲ 479% |
| Deferred charges and accrued income490/1 | €1,504 | €2,296 | €2,558 | €3,389 | €4,513 | ▲ 33.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €435,178 | €464,588 | €468,375 | €493,624 | €426,726 | ▼ 13.6% |
| Equity10/15 | €155,981 | €230,425 | €266,022 | €323,626 | €271,072 | ▼ 16.2% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €135,981 | €210,425 | €246,022 | €246,022 | €251,072 | ▲ 2.1% |
| Non-distributable reserves130/1 | €2,000 | €2,000 | €0 | - | - | - |
| Reserves not available under the articles1311 | €2,000 | €2,000 | €0 | - | - | - |
| Distributable reserves133 | €133,981 | €208,425 | €246,022 | €246,022 | €251,072 | ▲ 2.1% |
| Profit (loss) carried forward14 | - | - | €0 | €57,604 | €0 | ▼ 100% |
| Amounts payable17/49 | €279,197 | €234,162 | €202,353 | €169,997 | €155,654 | ▼ 8.4% |
| Amounts payable after more than one year17 | €206,559 | €191,434 | €89,231 | €81,265 | €73,176 | ▼ 10.0% |
| Financial debts170/4 | €206,559 | €191,434 | €89,231 | €81,265 | €73,176 | ▼ 10.0% |
| Amounts payable within one year42/48 | €72,637 | €42,725 | €113,113 | €88,733 | €82,478 | ▼ 7.0% |
| Current portion of amounts payable after more than one year42 | €15,126 | €15,241 | €7,843 | €7,967 | €8,089 | ▲ 1.5% |
| Financial debts43 | - | - | - | €14,709 | €10,093 | ▼ 31.4% |
| Credit institutions430/8 | - | - | - | €14,709 | €10,093 | ▼ 31.4% |
| Trade debts44 | €51,658 | €18,370 | €18,507 | €19,746 | €16,158 | ▼ 18.2% |
| Suppliers440/4 | €51,658 | €18,370 | €18,507 | €19,746 | €16,158 | ▼ 18.2% |
| Taxes, remuneration and social security45 | €4,934 | €8,529 | €13,637 | €10,484 | €13,286 | ▲ 26.7% |
| Taxes450/3 | €4,934 | €6,635 | €12,432 | €8,455 | €11,196 | ▲ 32.4% |
| Remuneration and social security454/9 | - | €1,894 | €1,205 | €2,029 | €2,089 | ▲ 3.0% |
| Other amounts payable47/48 | €920 | €585 | €73,127 | €35,827 | €34,853 | ▼ 2.7% |
| Accrued charges and deferred income492/3 | - | €3 | €9 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €61,838 | €74,444 | €120,397 | €57,604 | €72,445 | ▲ 25.8% |
| + Depreciation and write-downs630 | €8,789 | €12,883 | €9,519 | €7,858 | €7,191 | ▼ 8.5% |
| Operating cash flow (approximation) | €70,627 | €87,326 | €129,916 | €65,462 | €79,636 | ▲ 21.7% |
| Investment in fixed assets (approximation) | - | -€19,310 | €162,940 | €0 | -€10,317 | - |
| Change in cash | - | €19,952 | -€90,732 | €172 | €216,355 | ▲ 125,724% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
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EGGERMONT F.
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VAN DEN ABEELE G. CHAUFFAGE - SANITAIR
BE 0887.480.318
Maldegem · Eq €270,679
KLIMA+ Groep
BE 0415.163.562
Nazareth-De Pinte · Eq €271,538
Of 9,531 companies in this sector we hold annual accounts for 5,666. 4,623 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
13 eventsLatest 31-07-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €120,397 ▲61.7%
Operating result €177,139, net result €120,397, both a record.
14-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
2022
31-12
Financial
Equity above €200,000Eq €230,425 ▲47.7%
5 profitable years in a row build equity to €230,425.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Equity above €150,000Eq €155,981 ▲65.7%
4 profitable years in a row build equity to €155,981.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Weakest financial yearnet €4,567 ▼77.2%
Net result drops to €4,567, the lowest in the series; recovery starts the following year.
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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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Support & recognitions
1 funding sourceFlanders €3,570
Flemish government
€3,570
awarded · 2023
Subsidies and aid
Flemish government
2023 · 1 entry · €3,570 awarded · €3,570 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | €3,570 | €3,570 |
Company details
Private limited company · founded 22-06-2016Year ends 31-12Peppol reachable2 sites
Register details
Identification
Legal formPrivate limited company
Founded22-06-2016
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43211General electrical installation work
43221Plumbing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0656854997
Also
9925:BE0656854997
Registered
20-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Halle · 2 establishment units since 2016
Ground area
1,274 m²
Building footprint
441 m²
Volume, LiDAR
2,251 m³
2 parcels, Flanders · tallest building 15.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Optima Calora
since 2016unit no. 2.256.368.072
Optima Calora
since 2021unit no. 2.327.764.131
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23027A0253/00W000 | Flanders | 755 m² | 1 · 120 m² | 9.9 m · 2 fl. |
| 23013A0020/00X004 | Flanders | 519 m² | 1 · 321 m² | 15.1 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies
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