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C.S. CLAES

Active
Private limited companyfounded 1980active for 46 yearsKerkstraat 28, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 0420.034.942
Summary

The computed 12-month bankruptcy probability of C.S. CLAES is 18.7% (high). The annual accounts of C.S. CLAES for financial year 2024 show a net loss of 83% of total assets and of 100% of the equity at the start of that year. The 2024 annual accounts show equity of €668 and a net result of -€202,464. Equity has been stable since 2018 (±0.6% per year). Its solvency ranks better than 10% of 35,966 sector peers (NACE 43, financial year 2024). The company has been active since 1980 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.

Overview

Official details

Source: KBO
Status
Active since 03-01-1980 Normal situation
Activity
Joinery installation NACE 43320
Establishment unit
2.018.514.768 3540 Herk-de-Stad, since 01-01-1980
Financial year end
31 December
Peppol
Reachable since 22-12-2025

Financial position

11 Critical Checked score 2024
Bankruptcy probabilitywithin 12 months
18.7%
Annual accounts 2024
Gross margin
-€152,399
Loss
€202,464
Equity
€668
▼ 99.7%
Total assets
€243,831
▼ 38.9%
Staff
≈ 0.8 FTE
estimated
  • 2025 accounts not filed, 96 days past the deadline
Turnover not published (micro format)
Score breakdownraises risk1 change of registered office in 24 monthsEx-officio strike-off in the KBOLiquidity: current ratio 1.46, cash €1,2521 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 3 of the last 3 accounts lateShow the evidence

Checked score

Score 2024
11 / 100
Critical
Probability in this band: over 15.0%
Financially stronger than 6% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2023
Weak
Solvency 25-51
equity 0.3% of total assets
Liquidity 17-33
short-term debt 63.4% · cash 0.5%
Profitability 0-38
return on assets -83.0%
Bankruptcy probability within 12 months
18.7% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 5 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,685 companies, NACE 43, micro)
Last 24 months 12-2024: 1.1% 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025lowest value 07-2025: 1.3%▲ +0.2 percentage points vs 06-2025 08-2025: 1.6%▲ +0.3 percentage points vs 07-2025 09-2025: 1.8%▲ +0.2 percentage points vs 08-2025 10-2025: 2.3%▲ +0.5 percentage points vs 09-2025 11-2025: 4.4%▲ +2.1 percentage points vs 10-2025 12-2025: 5.0%▲ +0.6 percentage points vs 11-2025 01-2026: 4.9%▼ -0.1 percentage points vs 12-2025 02-2026: 9.0%▲ +4.1 percentage points vs 01-2026 03-2026: 8.9%▼ -0.1 percentage points vs 02-2026 04-2026: 14.6%▲ +5.7 percentage points vs 03-2026 05-2026: 14.1%▼ -0.5 percentage points vs 04-2026 06-2026: 14.0%▼ -0.1 percentage points vs 05-2026 07-2026: 14.6%▲ +0.6 percentage points vs 06-2026 08-2026: 15.3%▲ +0.7 percentage points vs 07-2026 09-2026: 16.0%▲ +0.7 percentage points vs 08-2026 10-2026: 18.7%▲ +2.7 percentage points vs 09-2026highest value 11-2026: 18.7%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is tight, with a current ratio of 1.46 (10.84 in 2023), below the usual 1.5. Short-term debt is 63.4% and cash 0.5% of total assets. 99.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 8% of them on solvency, 10% on liquidity, 4% on profitability and 3% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Eight signals.
raises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · Liquidity: current ratio 1.46, cash €1,252
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 35966 sector peers (2024).
NBB · sector comparison
Position among 35966 sector peers
Solvency
better than 10%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 96 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline04-11-2026 today
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
61 days late
2023
54 days late
2022
70 days late
2021
65 days late
2020
94 days late
2019
95 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 73 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

Key points

  • Caution: Equity fell in 2024from €203,132 to €668 ▼ 99.7% View
  • Caution: Lower net result than 95% of companies in specialised constructionsector median €9,465 · 35,935 companies -€202,464 View

Recent changes

  1. · Gazette deed Registered-office moveDirector in office: CLAES MANUEL (manager) · Director in office: CLAES LIEVEN (manager)
  2. · KBO administration Address struckeffective 20-11-2025
  3. · Gazette deed Resignations & appointmentsDirector in office: CLAES MANUEL · Director in office: CLAES LIEVEN
All 18 events

Comparable companies

These companies have the same main activity as C.S. CLAES: joinery installation (NACE 43320). They are comparable in size and age: total assets between €228,000 and €302,000, founded between 1975 and 1984.

CompanyTotal assetsGross margin
C.S. CLAES Herk-de-Stad€243,831-€152,399
Bostyn Ichtegem€253,149€934
Louis Herijgers en Zoon Nieuwpoort€257,703-€65,058
ALFONS DRIESEN Grobbendonk€227,610-€2,705
KAROO-INTERJEURS Tremelo€232,498-€17,644
DE BONDT ALAIN Opwijk€271,682-€8,304
C.D.A. Lochristi€302,187-€3,121
Full comparison

Key facts about C.S. CLAES

What is the company number of C.S. CLAES?
The company number of C.S. CLAES is 0420.034.942. The VAT number is the same number with BE in front: BE 0420.034.942.
Where is C.S. CLAES based?
The registered office is at Kerkstraat 28, 3540 Herk-de-Stad.Company details
What does C.S. CLAES do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of C.S. CLAES?
The legal form of C.S. CLAES is Private limited company (BV).
When was C.S. CLAES founded?
C.S. CLAES was founded on 03-01-1980.
Is C.S. CLAES still active?
Yes, C.S. CLAES is an active enterprise in the KBO register.
How many employees does C.S. CLAES have?
C.S. CLAES had an average of 3 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of C.S. CLAES?
The annual accounts for financial year 2024 state no turnover. The micro format does not require it.
Is C.S. CLAES profitable?
In financial year 2024, C.S. CLAES made a loss of €202,464.
Where can I find the annual accounts of C.S. CLAES?
C.S. CLAES filed 45 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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