climagroup

What climagroup does

Climagroup is a Belgian B2B HVAC-R services company headquartered in Alken, Belgium, operating through four regional branches (Alken, Bornem, Deinze, and the ventilation-specialist Pure Air in Genk). The company employs approximately 200 staff and reports annual revenue of roughly €50 million. Its service portfolio spans the full HVAC-R value chain: air conditioning and heat pumps, commercial refrigeration and freezing installations, retail cooling display units, ventilation, preventive and corrective maintenance, and active remote monitoring. Delivery is organized through sector-specialized Customer Focus Teams (CFTs) covering food retail, hospitality, fitness, logistics, industry, office, and automotive verticals, supported by an in-house Design & Build engineering capability and BIM modeling.

The customer base is anchored by national-chain enterprise accounts — including Aldi, Delhaize, Carrefour (Express), Basic Fit, Aartsen, KFC, and several hotel groups (Sofitel, Radisson Blue, Martin's) — served through both project-based installation contracts and recurring service-level agreements. Revenue mechanics blend one-time project revenue with subscription-like recurring streams from maintenance contracts and active monitoring, the latter enabling remote piloting and energy optimization of installed systems.

The company is privately held (Climagroup NV, BTW BE 0435.890.779, RPR Antwerpen afdeling Hasselt) with no disclosed external investors, funding rounds, or M&A activity. Coverage spans all three Belgian regions (Flanders, Wallonia, Brussels-Capital) via a bilingual NL/FR digital presence and four physical branches with a 24/7 emergency service line. Strategic emphasis is on cross-selling standardized multisite HVAC concepts to chain customers and extending the recurring-revenue base through active monitoring and heat-pump offerings aligned with EU decarbonization trends.

Name

climagroup

Legal name

Climagroup NV

Website

https://climagroup.be

Company type

Private

Founded year

1988

Operating status

Operating

Ownership category

akta.pro rank

Product category

Commercial HVAC-R Services

NAICS

Plumbing, Heating, and Air-Conditioning Contractors (238220)

SIC

Refrigeration & Service Industry Machinery (3580), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)

akta.pro primary industry

HVAC & Refrigeration Contracting (IMAFALAB)

akta.pro secondary industries

Commercial HVAC/R Installation (Rooftop Units, Split Systems) (HSAOAGAH), HVAC Service, Maintenance & Repair (BPABACAA), HVAC Controls & Optimization (Smart Thermostats, VAV, Chillers/Boilers Controls) (BPABAGAB)

Keywords

• Commercial HVAC services
• Refrigeration installation
• Building climate control
• Ventilation systems
• Heat pump services

Headquarters

HQ city

Alken

HQ country

Belgium

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. HVAC Installation Projects: Design and installation of HVAC systems for new construction and renovation projects. Revenue generated through project-based contracts with custom quotes based on project scope.
2. Service and Maintenance Contracts: Ongoing maintenance services for HVAC installations with optional service level agreements (SLA). Includes preventive maintenance, repairs, and 24/7 emergency support.
3. Active Monitoring Services: Real-time monitoring and remote control services for HVAC installations, enabling proactive maintenance and energy optimization.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Climagroup designs, installs, monitors, and maintains HVAC-R systems for commercial and industrial buildings across Belgium, covering air conditioning, heat pumps, commercial refrigeration and freezing installations, retail cooling display units, ventilation, preventive and corrective maintenance, and real-time Active Monitoring. The company operates through four regional branches with sector-specialized Customer Focus Teams and uses BIM-based Design & Build methodology to deliver standardized multisite concepts for chain customers.

Product overview

Climagroup is a B2B HVAC-R (Heating, Ventilation, Air Conditioning, and Refrigeration) service provider operating across Belgium. The company offers an integrated portfolio of six core services: air conditioning and heat pumps, freezing and refrigeration installations, cooling display units for retail, ventilation, service and maintenance, and active monitoring. These services work together as an end-to-end HVAC-R solution covering design, installation, monitoring, and ongoing service. The company operates through specialized Customer Focus Teams (CFT) per sector and utilizes Design & Build methodology and BIM modeling for project execution. Climagroup serves diverse sectors including retail, food retail, office, logistics, industry, car and repair, sports and leisure, and hospitality.

Differentiator

Problem solved

Functional benefit

Products and services

• Airco en warmtepompen (Air Conditioning and Heat Pumps) Air conditioning and heat pump solutions providing climate control for commercial and industrial buildings in Belgium.
• Vries- en koelinstallaties (Freezing and Refrigeration Installations) Freezing and refrigeration installations for industrial and commercial applications, ensuring proper cold-chain management for food retail, food production, and logistics customers.
• Koelmeubels en presentatiekoeling (Cooling Display Units and Presentation Refrigeration) Cooling display units and presentation refrigeration for retail environments, particularly food retail, providing in-store product cooling and merchandising refrigeration.
• Ventilatie (Ventilation) Ventilation solutions providing air quality management and fresh air circulation for various commercial and industrial building types.
• Service en onderhoud (Service and Maintenance) Preventive and corrective maintenance services for HVAC-R installations, including 24/7 emergency support, repairs, and service-level-agreement-based contracts to ensure operational continuity for enterprise customers.
• Active Monitoring Real-time monitoring and remote management of HVAC-R installations to prevent failures, optimize performance, and enable predictive maintenance for enterprise customers.

Quantifiable outcome

• 20-40% energy cost savings possible with modern HVAC systems

Named customers17 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Pure AircoreStrategic or Co-development PartnerVentilation specialist partner collaborating on projects where specialized ventilation expertise is required. Pure Air handles ventilation work while Climagroup coordinates overall HVAC execution. Example: Eduards Trailer Factory project where Pure Air provided ventilation coordination.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Unica: Benelux technical services and HVAC-R installer serving commercial, industrial and residential markets. Comparable to Climagroup in providing integrated heating, cooling, ventilation and refrigeration solutions with associated service and maintenance contracts.
• Kropman: Dutch-headquartered technical installer specializing in HVAC-R, refrigeration and building services with operations in the Benelux. Comparable to Climagroup in end-to-end refrigeration and HVAC contracting for food retail, industry and commercial real estate customers.
• SPIE Belgium: European multi-technical services provider with a strong Belgian footprint in HVAC, electrical and mechanical contracting. Comparable to Climagroup as a B2B HVAC installation and maintenance contractor serving commercial and industrial clients, with similar project-based and recurring-service revenue mix.
• ENGIE Solutions (formerly Cofely): Belgium's largest multi-technical facility-services group delivering HVAC, refrigeration and energy services to enterprise and public-sector customers. Directly comparable to Climagroup as a full-service HVAC-R contractor operating across Belgium, with overlapping customer segments including offices, retail and industry.
• Imtech Belgium: Mechanical, electrical and HVAC services contractor active in Belgium and the Benelux region. Comparable to Climagroup in providing integrated HVAC-R design, build and maintenance services to commercial and industrial buildings.
• Veolia Belgium: Environmental services group with HVAC-R and energy-efficiency offerings for commercial and industrial buildings in Belgium. Comparable to Climagroup in the design, installation and maintenance of heating, cooling and refrigeration systems, including F-gas-regulated refrigeration work.
• Equans (formerly Axima / Infradev): Bouygues-owned multi-technical services group with HVAC-R and refrigeration contracting across Belgium and Europe. Comparable to Climagroup in providing end-to-end HVAC-R installation and service for retail, hospitality and industrial customers, often competing for similar chain and multisite accounts.

Broad incumbents

• Trane Technologies: Global HVAC equipment manufacturer and service provider for commercial and industrial applications. Comparable to Climagroup where Trane's service arm overlaps in installation, maintenance and active monitoring of commercial HVAC-R systems, especially in retail and hospitality.
• Carrier Global: Global HVAC, refrigeration and building automation manufacturer with a growing services footprint. Comparable to Climagroup in commercial refrigeration systems and HVAC service offerings, particularly in food retail and cold-chain applications where Carrier is a frequent competitor or technology partner.
• Johnson Controls: Global building automation and HVAC equipment incumbent with a broad portfolio spanning controls, chillers and integrated service. Comparable to Climagroup as a higher-tier player overlapping in HVAC service, building management systems and energy optimization offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/climagroup

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about climagroup