BUTTERFLY CLEAN

Active

Private limited companyfounded 201214 yrs activeGeorges Henrilaan 401, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0842.719.964

The computed 12-month bankruptcy probability of BUTTERFLY CLEAN is 3.9% (moderate). The 2024 annual accounts show equity of €1.00M and a net result of €597k. Equity is growing by ~11.5% per year across the filed fiscal years. The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

56 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability75▼-3

Solvency47▲+10

Growth78▲+26

Track record100

Bankruptcy probability, 12 months

3.9% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €55k at 30 days acceptable

Liquidity tight (current ratio 1.13 against 0.89 in 2023; short-term debt: 57.5% and cash: 59.1% of total assets), and 77.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 81

Relative position

BE, all sectors

reference

Sector 81

higher

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

22.3%

Return on assets

13.3%

Age of the figures

21 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 10 filings

Deviation from the deadline

2025

not confirmed

2024

60 d late

2023

118 d late

2022

119 d late

2021

89 d late

2020

89 d late

2019

116 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, unclassified schema

Turnover

€13.39M

EBIT margin

8.3%

Net result

€597k▲ 115%

2023 · €278k

2018: €512k 2019: €50k 2020: €24k 2021: €30k 2022: €55k 2023: €278k

2018 → 2024

Working capital

€334k

2023 · €-258k

2018: €216k 2019: €226k 2020: €236k 2021: €258k 2022: €-66k 2023: €-258k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€13.39M

Equity€351k-€381k▲ 8.6%€436k▲ 14.5%€458k▲ 4.9%€1.00M▲ 119%

Operating result€67k-€114k▲ 70.4%€82k▼ 27.8%€441k▲ 436%€1.12M▲ 153%

Net result€24k-€30k▲ 27.2%€55k▲ 83.7%€278k▲ 401%€597k▲ 115%

Result per fiscal year

Operating resultNet result

After the dip in 2022 the operating result has climbed two years in a row; 2024 is 153% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €4.50M

35.1%

64.9%

Fixed assets €1.58M▼ 8.7%

Current assets €2.92M▲ 38.8%

Equity and liabilities €4.50M

22.3%

77.7%

Equity €1.00M▲ 119%

Debt €3.50M▲ 3.6%

The debt ratio falls from 88.1% to 77.7%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€1.19M▲

2023 · €503k

Cash flow

€671k▲

2023 · €340k

Solvency

22.3%▲

2023 · 11.9%

Current ratio

1.13▲

2023 · 0.89

Quick ratio

1.13▲

2023 · 0.89

Debt / equity

3.48▼

2023 · 7.38

ROE

59.4%▼

2023 · 60.7%

ROA

13.3%▲

2023 · 7.2%

Interest coverage

22.56▲

2023 · 8.25

Debt

€3.50M▲

2023 · €3.38M

Debt ≤ 1 year

€2.59M▲

2023 · €2.36M

Debt > 1 year

€908k▼

2023 · €1.01M

Income taxes

€465k▲

2023 · €102k

Staff costs

€11.81M▲

2023 · €9.79M

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€3.84M€4.50M▲

Fixed assets21/28€1.73M€1.58M▼

Tangible fixed assets22/27€1.72M€1.57M▼

Land and buildings22€1.48M€1.36M▼

Plant, machinery and equipment23€162k€162k▲

Furniture and vehicles24€31k€19k▼

Other tangible fixed assets26€45k€29k▼

Financial fixed assets28€8k€8k=

Other financial fixed assets284/8-€8k

Amounts receivable and cash guarantees285/8-€8k

Current assets29/58€2.11M€2.92M▲

Amounts receivable within one year40/41€21k€260k▲

Trade receivables40€21k€21k▼

Other amounts receivable41-€239k

Cash at bank and in hand54/58€1.82M€2.66M▲

Deferred charges and accrued income490/1€260k€201▼

Equity and liabilities

Total equity and liabilities10/49€3.84M€4.50M▲

Equity10/15€458k€1.00M▲

Contributions10/11€19k€19k=

Reserves13€319k€269k▼

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Distributable reserves133€317k€267k▼

Profit (loss) carried forward14€120k€717k▲

Amounts payable17/49€3.38M€3.50M▲

Amounts payable after more than one year17€1.01M€908k▼

Financial debts170/4€1.01M€908k▼

Credit institutions173-€908k

Amounts payable within one year42/48€2.36M€2.59M▲

Current portion of amounts payable after more than one year42€365k€317k▼

Trade debts44€176k€126k▼

Suppliers440/4€176k€126k▼

Taxes, remuneration and social security45€1.53M€1.99M▲

Taxes450/3€42k€318k▲

Remuneration and social security454/9€1.49M€1.67M▲

Other amounts payable47/48€291k€156k▼

Accrued charges and deferred income492/3€926€926=

Income statement Code20232024

Operating income70/76A-€13.53M

Turnover70-€13.39M

Other operating income74-€137k

Operating charges60/66A-€12.41M

Services and other goods61-€524k

Remuneration, social security and pensions62€9.79M€11.81M▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62k€75k▲

Other operating charges640/8€6k€9k▲

Gross operating margin9900€10.29M-

Operating profit (loss)9901€441k€1.12M▲

Financial income75/76B€18€4▼

Recurring financial income75€18€4▼

Other financial income752/9-€4

Financial charges65/66B€61k€55k▼

Recurring financial charges65€61k€55k▼

Debt charges650-€53k

Other financial charges652/9-€2k

Profit (loss) for the period before taxes9903€380k€1.06M▲

Income taxes67/77€102k€465k▲

Taxes670/3-€465k

Profit (loss) for the period9904€278k€597k▲

Profit (loss) for the period to be appropriated9905€278k€597k▲

Appropriation of the result

Profit (loss) to be appropriated9906€398k€717k▲

Profit (loss) brought forward from the previous period14P€120k€120k=

Transfer from equity791/2€136k€50k▼

From reserves792-€50k

Transfer to equity691/2€158k-

To other reserves6921€158k-

Profit to be distributed694/7€256k€50k▼

Return on contributions (dividend)694€136k€50k▼

Directors or managers695€120k-

Social balance

Average headcount (FTE)9087421.4501.7▲

The notes to these accounts (37 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

2025

29-09

NBB filing Annual accounts filed

fiscal year 2024 · unclassified schema · 60 days late

2024

31-12

Financial Highest result since 2018net €597k ▲115%

Operating result €1.12M, net result €597k, both a record.

31-12

Financial Equity above €1MEq €1.00M ▲119%

7 profitable years in a row build equity to €1.00M.

26-11

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 118 days late

2023

27-11

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 119 days late

2022

28-10

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 89 days late

2021

28-10

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 89 days late

2020

31-12

Financial Weakest financial yearnet €24k ▼52.9%

Net result drops to €24k, the lowest in the series; recovery starts the following year.

24-11

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 116 days late

2019

31-10

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 92 days late

2018

31-10

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 92 days late

2017

28-09

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 59 days late

2016

26-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 26 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

7 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, Sint-Lambrechts-Woluwe · 6 establishment units since 2017

establishment All 6 establishment units on the map

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.

Georges Henrilaan 4011200 Sint-Lambrechts-Woluwe

Ground area

2,026 m²

Building footprint

1,036 m²

Volume, LiDAR

14,567 m³

6 parcels, Brussels, Flanders · tallest building 21.8 m, ±7 floors. Linked by address, not a title deed.

6 establishment units

Canal Clean Services

Georges Henrilaan 401, 1200 Sint-Lambrechts-WoluweGeneral cleaning of buildings

since 20172.264.577.638

Butterfly Clean

Bergense Steenweg 1097, 1070 AnderlechtGeneral cleaning of buildings

since 20172.270.174.736

Butterfly Clean

Waverse steenweg 1255, 1160 OudergemGeneral cleaning of buildings

since 20172.270.174.835

Butterfly Clean

Alsembergsesteenweg 743-745, 1180 UkkelGeneral cleaning of buildings

since 20172.270.175.132

Butterfly Clean

Brugmannlaan 200, 1050 ElseneGeneral cleaning of buildings

since 20172.270.174.934

Butterfly Clean

Brusselstraat 24, 1740 TernatGeneral cleaning of buildings

since 20182.271.970.721

6 parcels

Flanders 1 (16.7%) Brussels 5 (83.3%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21616A0183/00T059	Brussels	999 m²	1 · 216 m²	18.0 m · 5 fl.
23086E0329/00Y000	Flanders	291 m²	1 · 178 m²	15.2 m · 4 fl.
21002A0206/00C005	Brussels	235 m²	1 · 246 m²	21.8 m · 6 fl.
21308H0674/00F004	Brussels	178 m²	1 · 105 m²	12.2 m · 3 fl.
21673D0143/00Y027	Brussels	165 m²	1 · 152 m²	17.6 m · 4 fl.
21447B0310/00D042	Brussels	158 m²	1 · 139 m²	21.0 m · 7 fl.