SMART CLIMATE
ActiveThe computed 12-month bankruptcy probability of SMART CLIMATE is 1.6% (moderate). The 2025 annual accounts show equity of €170k and a net result of €-33k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 52% of 11185 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-19
Solvency82▼-18
Growth78=
Stability100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.67 against 15.8 in 2024), but 55.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 7 filingsDeviation from the deadline
2025
31 d late
2024
42 d early
2023
23 d early
2022
22 d late
2021
2 d early
2020
5 d late
2019
60 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€170k▼ 18.7%
2024 · €209k
2019: €-50k
2020: €190k
2021: €201k
2022: €186k
2023: €195k
2024: €209k
2019 → 2025
Total assets
€379k▲ 64.3%
2024 · €231k
2019: €51k
2020: €333k
2021: €487k
2022: €613k
2023: €405k
2024: €231k
2019 → 2025
Net result
€-33k
2024 · €8k
2019: €-63k
2020: €240k
2021: €11k
2022: €130k
2023: €90k
2024: €8k
2019 → 2025
Working capital
€139k▼ 22.5%
2024 · €180k
2019: €-51k
2020: €116k
2021: €-9k
2022: €151k
2023: €157k
2024: €180k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€201k-€186k▼ 7.5%€195k▲ 5.2%€209k▲ 7.3%€170k▼ 18.7%
Operating result€14k-€167k▲ 1,108%€122k▼ 27.3%€13k▼ 89.7%€-32k
Net result€11k-€130k▲ 1,122%€90k▼ 31.0%€8k▼ 91.1%€-33k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €32k after €13k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €379k
Fixed assets
€31k▼ 20.3%
Current assets
€348k▲ 81.5%
Equity and liabilities €379k
Equity
€170k▼ 18.7%
Debt
€209k▲ 878%
The debt ratio rises from 9.3% to 55.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-20k▼
2024 · €24k
Cash flow
€-21k▼
2024 · €19k
Solvency
44.9%▼
2024 · 90.7%
Current ratio
1.67▼
2024 · 15.80
Quick ratio
1.21▼
2024 · 13.33
Debt / equity
1.23▲
2024 · 0.10
ROE
-19.4%▼
2024 · 3.8%
ROA
-8.7%▼
2024 · 3.5%
Interest coverage
-13.69▼
2024 · 9.96
Debt
€209k▲
2024 · €21k
Debt ≤ 1 year
€209k▲
2024 · €12k
Income taxes
€141▼
2024 · €2k
Staff costs
€4k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€231k€379k▲
Fixed assets21/28€39k€31k▼
Tangible fixed assets22/27€35k€27k▼
Plant, machinery and equipment23€7k€7k=
Furniture and vehicles24€27k€19k▼
Financial fixed assets28€4k€4k=
Current assets29/58€192k€348k▲
Stocks and contracts in progress3€30k€96k▲
Stocks30/36€30k€96k▲
Amounts receivable within one year40/41€63k€37k▼
Trade receivables40€9k€0▼
Other amounts receivable41€55k€37k▼
Cash at bank and in hand54/58€96k€212k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€231k€379k▲
Equity10/15€209k€170k▼
Contributions10/11€19k€12k▼
Reserves13€191k€170k▼
Distributable reserves133€191k€170k▼
Profit (loss) carried forward14€0€-12k▼
Amounts payable17/49€21k€209k▲
Amounts payable within one year42/48€12k€209k▲
Trade debts44€164€5k▲
Suppliers440/4€164€5k▲
Advances received on contracts in progress46€0€193k▲
Taxes, remuneration and social security45€11k€11k▲
Taxes450/3€10k€11k▲
Remuneration and social security454/9€657€627▼
Other amounts payable47/48€862-
Accrued charges and deferred income492/3€9k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€4k€4k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€12k▲
Other operating charges640/8€588€2k▲
Gross operating margin9900€28k€-14k▼
Operating profit (loss)9901€13k€-32k▼
Financial income75/76B€238€811▲
Recurring financial income75€238€811▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€10k€-33k▼
Income taxes67/77€2k€141▼
Profit (loss) for the period9904€8k€-33k▼
Profit (loss) for the period to be appropriated9905€8k€-33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€-33k▼
Transfer from equity791/2-€21k
Transfer to equity691/2€8k€0▼
To other reserves6921€8k€0▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 9current ratio 15.80
Current ratio from 1.75 to 15.80; short-term debt falls from €209k to €12k.
31-12
Financial
Equity above €200kEq €209k ▲7.3%
5 profitable years in a row build equity to €209k.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €201k ▲5.6%
2 profitable years in a row build equity to €201k.
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
31-12
Financial
Back to profitnet €240k
Net result €240k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 1.81
Current ratio from 0.49 to 1.81.
31-12
Financial
Equity above €150kEq €190k
Equity rises from €-50k to €190k.
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Knokke-Heist · 2 establishment units since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Grommer 148301 Knokke-HeistGround area
958 m²
Building footprint
708 m²
Volume, LiDAR
3,365 m³
2 parcels, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
SMART CLIMATE
since 20182.273.076.125
Westkapellestraat 425, 8300 Knokke-Heist
since 20262.389.557.386
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31336B0559/00E000 | Flanders | 500 m² | 1 · 140 m² | 1.0 m |
| 31039F0083/00T003 | Flanders | 458 m² | 1 · 567 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2024 · 1 entry · 176 EUR awarded · 176 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 176 EUR | 176 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,728 companies in sector 43211 we hold annual accounts for 10,270. 8,444 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-01-2018
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
46150Agents in the wholesale of furniture, household goods and hardware
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.