CLIMAT GREEN
ActiveSummary
The computed 12-month bankruptcy probability of CLIMAT GREEN is 2.2% (moderate). The annual accounts of CLIMAT GREEN for fiscal year 2024 show a net loss of 155% of total assets and of 89% of the equity at the start of that year. The 2024 annual accounts show equity of €5k and a net result of €-40k. Equity is growing by ~80.6% per year across the filed fiscal years. Its solvency ranks better than 20% of 36375 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
28
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-92
Solvency44▼-26
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.35 against 1.34 in 2023; short-term debt: 81.4% and cash: 6.2% of total assets), and 81.4% 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
18.6%
Return on assets
-155.4%
Age of the figures
21 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
19 d late
2022
7 d early
2021
25 d early
2020
47 d late
2019
108 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€5k▼ 89.3%
2023 · €45k
2018: €-8k
2019: €-603
2020: €11k
2021: €26k
2022: €27k
2023: €45k
2018 → 2024
Total assets
€26k▼ 74.2%
2023 · €100k
2018: €2k
2019: €20k
2020: €59k
2021: €47k
2022: €49k
2023: €100k
2018 → 2024
Net result
€-40k
2023 · €18k
2018: €-14k
2019: €7k
2020: €13k
2021: €15k
2022: €793
2023: €18k
2018 → 2024
Working capital
€-14k
2023 · €19k
2018: €-8k
2019: €-5k
2020: €-9k
2021: €2k
2022: €9k
2023: €19k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€11k-€26k▲ 132%€27k▲ 3.0%€45k▲ 64.7%€5k▼ 89.3%
Operating result€13k-€20k▲ 52.5%€1k▼ 94.7%€28k▲ 2,460%€-40k
Net result€13k-€15k▲ 15.4%€793▼ 94.7%€18k▲ 2,224%€-40k
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 2024: a loss of €40k after €28k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €26k
Fixed assets
€18k ▼ 30.2%
Current assets
€7k ▼ 89.9%
Equity and liabilities €26k
Equity
€5k ▼ 89.3%
Debt
€21k ▼ 61.8%
Debt's share of the balance-sheet total rises from 55.1% to 81.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-31k▼
2023 · €33k
Cash flow
€-32k▼
2023 · €24k
Current ratio
0.35▼
2023 · 1.34
Debt to equity
4.37▲
2023 · 1.23
ROE
-835.2%▼
2023 · 41.1%
ROA
-155.4%▼
2023 · 18.4%
Interest coverage
-253.86▼
2023 · 240.93
Debt ≤ 1 year
€21k▼
2023 · €55k
Income taxes
€428▼
2023 · €9k
Staff costs
€36k▲
2023 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€100k€26k▼
Fixed assets21/28€26k€18k▼
Intangible fixed assets21€663€397▼
Tangible fixed assets22/27€26k€18k▼
Plant, machinery and equipment23€15k€10k▼
Furniture and vehicles24€5k€2k▼
Other tangible fixed assets26€6k€6k▼
Current assets29/58€74k€7k▼
Amounts receivable within one year40/41€68k€5k▼
Trade receivables40€60k€5k▼
Other amounts receivable41€8k-
Cash at bank and in hand54/58€5k€2k▼
Deferred charges and accrued income490/1€125€634▲
Equity and liabilities
Total equity and liabilities10/49€100k€26k▼
Equity10/15€45k€5k▼
Contributions10/11€6k€6k=
Reserves13€32k€32k=
Distributable reserves133€32k€32k=
Profit (loss) carried forward14€7k€-33k▼
Amounts payable17/49€55k€21k▼
Amounts payable within one year42/48€55k€21k▼
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Advances received on contracts in progress46€36k-
Taxes, remuneration and social security45€5k€9k▲
Taxes450/3€4k€5k▲
Remuneration and social security454/9€678€4k▲
Other amounts payable47/48€9k€9k▲
Income statement
Code20232024
Remuneration, social security and pensions62€6k€36k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€9k▲
Other operating charges640/8€2k€753▼
Non-recurring operating charges66A€3k-
Gross operating margin9900€44k€5k▼
Operating profit (loss)9901€28k€-40k▼
Financial income75/76B€105€88▼
Recurring financial income75€105€88▼
Financial charges65/66B€137€123▼
Recurring financial charges65€137€123▼
Profit (loss) for the period before taxes9903€27k€-40k▼
Income taxes67/77€9k€428▼
Profit (loss) for the period9904€18k€-40k▼
Profit (loss) for the period to be appropriated9905€18k€-40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€24k€-33k▼
Profit (loss) brought forward from the previous period14P€6k€7k▲
Transfer to equity691/2€17k-
To other reserves6921€17k-
Profit to be distributed694/7€800-
Return on contributions (dividend)694€800-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-40k ▼318%
Net result drops to €-40k, the lowest in the series.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
31-12
Financial
Highest result since 2018net €18k ▲2224%
Operating result €28k, net result €18k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 47 days late
2020
16-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 108 days late
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Rebecq · 1 establishment unit 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.
Chemin du Flamand 17A1430 RebecqGround area
500 m²
Building footprint
126 m²
Parcel 25090D0336/00Z003, Wallonia. Linked by address, not a title deed.
1 establishment unit
CLIMAT GREEN
since 20182.278.996.192
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25090D0336/00Z003 | Wallonia | 500 m² | 1 · 126 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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Braine-l'Alleud · Eq €4,750
VUCHELEN VERWARMING
BE 0741.958.245
Begijnendijk · Eq €4,734
A.J. CLIMAT
BE 0462.732.659
Seraing · Eq €4,912
IMMOBELGAR
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 1,549 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-05-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
95316Washing and cleaning of motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.