CL-IMMO
ActiveSummary
CL-IMMO has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16.8m and a net result of €2.6m. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 94% of 3241 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability88▲+17
Solvency100=
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,400,000 at 30 days acceptable
Liquidity ample (current ratio 12.5 against 12.29 in 2024; short-term debt: 2% and cash: 0.3% of total assets), and 2.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.9%
Return on assets
15.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €16.8m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-07-2026, 19 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
19 d early
2024
25 d early
2023
21 d early
2022
37 d early
2021
29 d early
2020
19 d early
2019
23 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 25 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 6 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#2 company by total assets in Erpe-Mere, Professional and technical services sector#2 company by equity in Erpe-Mere, Professional and technical services sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2.6m▲ 1,048%
2024 · €228,961
Working capital
€3.9m▲ 91.6%
2024 · €2.1m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€346,600▲ 4.9%€589,573▲ 70.1%€520,667▼ 11.7%€325,189▼ 37.5%€3.4m▲ 960%
Net result€260,899above the sector's middle half▲ 10.9%€445,609above the sector's middle half▲ 70.8%€402,290above the sector's middle half▼ 9.7%€228,961above the sector's middle half▼ 43.1%€2.6mabove the sector's middle half▲ 1,048%
Equity€14.1mabove the sector's middle half▲ 1.9%€13.5mabove the sector's middle half▼ 3.9%€13.9mabove the sector's middle half▲ 3.0%€14.1mabove the sector's middle half▲ 1.6%€16.8mabove the sector's middle half▲ 18.6%
Total assets€15.7mabove the sector's middle half▲ 0.5%€19.5mabove the sector's middle half▲ 24.4%€14.0mabove the sector's middle half▼ 28.1%€14.3mabove the sector's middle half▲ 2.4%€17.1mabove the sector's middle half▲ 19.4%
Debt€42,731▼ 62.1%€4.5m▲ 10,519%€86,773▼ 98.1%€191,432▲ 121%€351,399▲ 83.6%
Working capital€1.2mabove the sector's middle half▲ 10.5%€981,722above the sector's middle half▼ 17.6%€917,831above the sector's middle half▼ 6.5%€2.1mabove the sector's middle half▲ 123%€3.9mabove the sector's middle half▲ 91.6%
Solvency89.9%above the sector's middle half▲ 1.2pp69.4%within the sector's middle half▼ 20.5pp99.4%above the sector's middle half▲ 30.0pp98.7%above the sector's middle half▼ 0.7pp97.9%above the sector's middle half▼ 0.7pp
Current ratio31.53above the sector's middle half▲ 20.521.22within the sector's middle half▼ 30.3112.27above the sector's middle half▲ 11.0512.29above the sector's middle half▲ 0.0212.50above the sector's middle half▲ 0.21
Return on assets (ROA)1.7%within the sector's middle half▲ 0.2pp2.3%within the sector's middle half▲ 0.6pp2.9%within the sector's middle half▲ 0.6pp1.6%within the sector's middle half▼ 1.3pp15.3%above the sector's middle half▲ 13.8pp
Staff (FTE)0.8below the sector's middle half=0.4below the sector's middle half▼ 50.0%
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2025 Net result +1,048% on 2024. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 960% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17.1m
Fixed assets
€12.9m ▲ 6.2%
Current assets
€4.3m ▲ 91.3%
Equity and liabilities €17.1m
Equity
€16.8m ▲ 18.6%
Debt
€351,399 ▲ 83.6%
Debt's share of the balance-sheet total rises from 1.3% to 2.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4.5m▲
2024 · €1.3m
Cash flow
€3.7m▲
2024 · €1.2m
Debt to equity
0.02▲
2024 · 0.01
ROE
15.7%▲
2024 · 1.6%
Interest coverage
6781.19▲
2024 · 5756.97
Debt ≤ 1 year
€341,588▲
2024 · €181,596
Income taxes
€847,219▲
2024 · €96,742
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 546 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Medium-sized
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.2%
stopped otherwise
95%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 546 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €37,928 | €20,792 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €973,904 | €984,897 | €980,750 | €953,203 | €1.0m | ▲ 7.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €83,687 | - |
| Other operating charges640/8 | €243,024 | €238,265 | €268,414 | €284,031 | €353,226 | ▲ 24.4% |
| Gross operating margin9900 | €1.6m | €1.8m | €1.8m | €1.6m | €4.9m | ▲ 214% |
| Operating profit (loss)9901 | €346,600 | €589,573 | €520,667 | €325,189 | €3.4m | ▲ 960% |
| Financial income75/76B | €926 | €264 | €11,662 | €736 | €34,152 | ▲ 4,540% |
| Recurring financial income75 | €926 | €264 | €11,662 | €736 | €34,152 | ▲ 4,540% |
| Financial charges65/66B | €589 | €1,103 | €36,514 | €222 | €4,144 | ▲ 1,766% |
| Recurring financial charges65 | €589 | €1,103 | €36,514 | €222 | €659 | ▲ 197% |
| Non-recurring financial charges66B | - | - | - | - | €3,485 | - |
| Profit (loss) for the period before taxes9903 | €346,937 | €588,734 | €495,815 | €325,703 | €3.5m | ▲ 967% |
| Transfer from deferred taxes780 | €111,932 | €117,943 | €1.4m | - | - | - |
| Income taxes67/77 | €197,970 | €261,069 | €1.5m | €96,742 | €847,219 | ▲ 776% |
| Profit (loss) for the period9904 | €260,899 | €445,609 | €402,290 | €228,961 | €2.6m | ▲ 1,048% |
| Transfer from tax-exempt reserves789 | €313,303 | €521,218 | €3.9m | - | - | - |
| Transfer to tax-exempt reserves689 | - | - | - | €999,875 | - | - |
| Profit (loss) for the period to be appropriated9905 | €574,202 | €966,826 | €4.3m | -€770,914 | €2.6m | ▲ 441% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €15.7m | €19.5m | €14.0m | €14.3m | €17.1m | ▲ 19.4% |
| Fixed assets21/28 | €14.4m | €14.0m | €13.0m | €12.1m | €12.9m | ▲ 6.2% |
| Tangible fixed assets22/27 | €14.4m | €14.0m | €13.0m | €12.1m | €12.9m | ▲ 6.2% |
| Land and buildings22 | €14.4m | €14.0m | €13.0m | €12.1m | €12.9m | ▲ 6.2% |
| Financial fixed assets28 | - | - | - | €3,052 | €3,065 | ▲ 0.4% |
| Current assets29/58 | €1.2m | €5.5m | €999,304 | €2.2m | €4.3m | ▲ 91.3% |
| Amounts receivable within one year40/41 | €28,746 | €35,323 | €167,702 | €687,149 | €4.2m | ▲ 510% |
| Trade receivables40 | €25,483 | €26,323 | €32,702 | €17,003 | €12,669 | ▼ 25.5% |
| Other amounts receivable41 | €3,263 | €9,000 | €135,000 | €670,145 | €4.2m | ▲ 523% |
| Current investments50/53 | - | €500,000 | - | - | - | - |
| Cash at bank and in hand54/58 | €1.2m | €5.0m | €831,602 | €1.3m | €57,421 | ▼ 95.7% |
| Deferred charges and accrued income490/1 | €8,394 | €230 | - | €211,178 | €22,037 | ▼ 89.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €15.7m | €19.5m | €14.0m | €14.3m | €17.1m | ▲ 19.4% |
| Equity10/15 | €14.1m | €13.5m | €13.9m | €14.1m | €16.8m | ▲ 18.6% |
| Contributions10/11 | €901,147 | €901,147 | €901,147 | €901,147 | €901,147 | = |
| Capital10 | €901,147 | €901,147 | €901,147 | €901,147 | €901,147 | = |
| Issued capital100 | €901,147 | €901,147 | €901,147 | €901,147 | €901,147 | = |
| Revaluation surpluses12 | €132 | €132 | €133 | €132 | €132 | = |
| Reserves13 | €10.0m | €8.7m | €4.7m | €5.7m | €5.7m | = |
| Non-distributable reserves130/1 | €93,159 | €93,159 | €93,159 | €93,159 | €93,159 | = |
| Legal reserve130 | €90,115 | €90,115 | €90,115 | €90,115 | €90,115 | = |
| Other1319 | €3,044 | €3,044 | €3,044 | €3,044 | €3,044 | = |
| Tax-exempt reserves132 | €4.5m | €4.0m | €11,771 | €1.0m | €1.0m | = |
| Distributable reserves133 | €5.4m | €4.6m | €4.6m | €4.6m | €4.6m | = |
| Profit (loss) carried forward14 | €3.2m | €4.0m | €8.3m | €7.5m | €10.2m | ▲ 34.9% |
| Provisions and deferred taxes16 | €1.5m | €1.4m | - | - | - | - |
| Deferred taxes168 | €1.5m | €1.4m | - | - | - | - |
| Amounts payable17/49 | €42,731 | €4.5m | €86,773 | €191,432 | €351,399 | ▲ 83.6% |
| Amounts payable within one year42/48 | €39,031 | €4.5m | €81,473 | €181,596 | €341,588 | ▲ 88.1% |
| Current portion of amounts payable after more than one year42 | - | €3,150 | €3,150 | €60,000 | - | - |
| Trade debts44 | €36,569 | €11,290 | €68,145 | €105,495 | €130,670 | ▲ 23.9% |
| Suppliers440/4 | €36,569 | €11,290 | €68,145 | €105,495 | €130,670 | ▲ 23.9% |
| Taxes, remuneration and social security45 | €2,462 | €16,120 | €10,178 | €16,101 | €10,693 | ▼ 33.6% |
| Taxes450/3 | - | €14,725 | €10,178 | €16,101 | €10,693 | ▼ 33.6% |
| Remuneration and social security454/9 | €2,462 | €1,395 | - | - | - | - |
| Other amounts payable47/48 | - | €4.5m | - | - | €200,225 | - |
| Accrued charges and deferred income492/3 | €3,700 | €7,089 | €5,300 | €9,836 | €9,810 | ▼ 0.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €260,899 | €445,609 | €402,290 | €228,961 | €2.6m | ▲ 1,048% |
| + Depreciation and write-downs630 | €973,904 | €984,897 | €980,750 | €953,203 | €1.0m | ▲ 7.6% |
| Operating cash flow (approximation) | €1.2m | €1.4m | €1.4m | €1.2m | €3.7m | ▲ 209% |
| Investment in fixed assets (approximation) | - | -€525,873 | -€20,694 | -€54,285 | -€1.8m | ▼ 3,172% |
| Change in cash | - | €3.8m | -€4.1m | €501,913 | -€1.3m | ▼ 354% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
State Gazette act
Reappointments: Pephil nv, Meert Louise and Meert JulienAppointment: Pephil nv (managing director) · Permanent representative: Philippe Meert7 facts ▸
State Gazette act
Reappointments: Pephil nv, Meert Louise and Meert Julien
Appointment: Pephil nv (managing director) · Permanent representative: Philippe Meert7 facts ▸
- General meeting, 18-06-2026
- Director reappointment, Pephil nv (director)
- Director reappointment, Meert Louise (director)
- Director reappointment, Meert Julien (director)
- Board meeting, 18-06-2026
- Director appointment, Pephil nv (managing director)
- Permanent representative, Philippe Meert (permanent representative)
12-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €2.6m ▲1,048%
Operating result €3.4m, net result €2.6m, both a record.
06-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity times 10current ratio 12.27
Current ratio from 1.22 to 12.27; short-term debt falls from €4.5m to €81,473.
24-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
02-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity triplescurrent ratio 31.53
Current ratio from 11.01 to 31.53; short-term debt falls from €107,739 to €39,031.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €235,201
Net result €235,201 after one loss-making year.
31-12
Financial
Liquidity times 27current ratio 11.01
Current ratio from 0.40 to 11.01; short-term debt falls from €1.2m to €107,739.
Show earlier events
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet -€84,767
Net result drops to -€84,767, the lowest in the series; recovery starts the following year.
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 12 acts read
About the unread acts
Of the 12 Belgian State Gazette acts we know for this company, 1 has been read. The other 11 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
under verification, last change in 2026
This board is reconstructed from a single act (26097339). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Board 3
Meert Julien
CurrentDirector · since 18-06-2026
Meert Louise
CurrentDirector · since 18-06-2026
Pephil nv
CurrentDirector · since 18-06-2026 · Legal entity · perm. rep.: Philippe Meert
Day-to-day management 1
Pephil nv
CurrentManaging director · since 18-06-2026 · Legal entity · perm. rep.: Philippe Meert
Permanent representatives 1
Philippe Meert
CurrentPermanent representative · since 18-06-2026 · for Pephil nv
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
11 of this company's 12 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Erpe-Mere · 1 establishment unit since 2012
Ground area
1.8 ha
Building footprint
5,728 m²
Volume, LiDAR
3,303 m³
2 parcels, Flanders · tallest building 10.4 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CL-IMMO
since 20122.216.466.529
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41016D1016/00D000 | Flanders | 1.5 ha | 1 · 5,130 m² | - |
| 41016D0947/00C000 | Flanders | 2,478 m² | 1 · 598 m² | 10.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
3 people since 2026, 3 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Meert Julien |
|
| Meert Louise |
|
| Pephil nv |
|
Structure & network
Owners and holdings
1 ownerChain of control
- MEEROE
- CL-IMMO
Highest known parent: MEEROE. The sources do not say who stands above it.
Owners 1
- MEEROEparentSourceaccounts MEEROE 2025100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Identification & contact
Identification
Legal formPublic limited company
Founded20-12-2012
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0508597031
Also
9925:BE0508597031
Registered
18-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.