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CL-PROJECTS

Active
Private limited companyfounded 201214 yrs activeMastenlaan 11, 2460 Kasterlee, BelgiumKBO/BCE: BE 0847.960.538

CL-PROJECTS has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-220k) and a net result of €118k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 7318 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
46 / 100
Fair▲ +6 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency63▲+16
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.83 against 1.1 in 2024), but equity is negative.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
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 2025
Solvency, return and age of the figures
Solvency
-64.4%
Return on assets
34.6%
Age of the figures
8 mo
lowers risk · 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
elevated failure risk from 2 to 8 years 14 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 7318 sector peers (2025).
NBB · sector comparison
Position among 7318 sector peers
Solvency
better than 5%
← weakest strongest →
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 02-03-2026, 151 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
151 d early
2024
48 d early
2023
51 d early
2022
53 d early
2021
51 d early
2020
52 d early
2019
53 d early
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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 2025, micro schema

Equity
€-220k▲ 35.0%
2024 · €-339k
2018: €70k 2019: €93k 2020: €118k 2021: €138k 2022: €149k 2023: €-187k 2024: €-339k
2018 → 2025
Total assets
€342k▲ 632%
2024 · €47k
2018: €410k 2019: €415k 2020: €415k 2021: €289k 2022: €733k 2023: €419k 2024: €47k
2018 → 2025
Net result
€118k
2024 · €-152k
2018: €509 2019: €23k 2020: €25k 2021: €21k 2022: €10k 2023: €-336k 2024: €-152k
2018 → 2025
Working capital
€155k▲ 3,678%
2024 · €4k
2018: €66k 2019: €92k 2020: €92k 2021: €138k 2022: €148k 2023: €158k 2024: €4k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€138k-€149k▲ 7.6%€-187k€-339k▼ 81.1%€-220k▲ 35.0%
Operating result€34k-€21k▼ 39.0%€-311k€-151k▲ 51.6%€131k
Net result€21k-€10k▼ 49.5%€-336k€-152k▲ 54.9%€118k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-400k€-200k€0€200kOperating result 2021: €34k€34kNet result 2021: €21k€21kOperating result 2022: €21k€21kNet result 2022: €10k€10kOperating result 2023: €-311k€-311kNet result 2023: €-336k€-336kOperating result 2024: €-151k€-151kNet result 2024: €-152k€-152kOperating result 2025: €131k€131kNet result 2025: €118k€118k20212022202320242025
The operating result returns to profit in 2025: €131k after a loss of €151k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €342k
Fixed assets €655▼ 72.3%
Current assets €341k▲ 670%
Key figures and ratios
2025 value · change against 2024
EBITDA
€133k
2024 · €-149k
Cash flow
€120k
2024 · €-150k
Solvency
-64.4%
2024 · -724.5%
Current ratio
1.83
2024 · 1.10
Quick ratio
1.68
2024 · 1.10
Debt / equity
-2.55
2024 · -1.14
ROE
-53.8%
2024 · 44.8%
ROA
34.6%
2024 · -324.4%
Interest coverage
9.63
2024 · -31.22
Debt
€562k
2024 · €385k
Debt ≤ 1 year
€186k
2024 · €40k
Debt > 1 year
€376k
2024 · €345k
Income taxes
€606
2024 · €837
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€47k€342k
Fixed assets21/28€2k€655
Tangible fixed assets22/27€2k€655
Furniture and vehicles24€2k€655
Current assets29/58€44k€341k
Stocks and contracts in progress3-€28k
Stocks30/36-€28k
Amounts receivable within one year40/41€12k€156k
Trade receivables40€2k€156k
Other amounts receivable41€10k-
Cash at bank and in hand54/58€30k€123k
Deferred charges and accrued income490/1€3k€35k
Equity and liabilities
Total equity and liabilities10/49€47k€342k
Equity10/15€-339k€-220k
Contributions10/11€25k€25k=
Reserves13€124k€124k=
Distributable reserves133€124k€124k=
Profit (loss) carried forward14€-487k€-369k
Amounts payable17/49€385k€562k
Amounts payable after more than one year17€345k€376k
Financial debts170/4€345k€376k
Amounts payable within one year42/48€40k€186k
Current portion of amounts payable after more than one year42-€9k
Financial debts43€3k-
Other loans439€3k-
Trade debts44€11k€23k
Suppliers440/4€11k€23k
Taxes, remuneration and social security45€6k€33k
Taxes450/3€3k€33k
Remuneration and social security454/9€3k-
Other amounts payable47/48€20k€121k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k
Other operating charges640/8€1k€520
Gross operating margin9900€-148k€133k
Operating profit (loss)9901€-151k€131k
Financial income75/76B€5k€2k
Recurring financial income75€5k€2k
Financial charges65/66B€5k€14k
Recurring financial charges65€5k€14k
Profit (loss) for the period before taxes9903€-151k€119k
Income taxes67/77€837€606
Profit (loss) for the period9904€-152k€118k
Profit (loss) for the period to be appropriated9905€-152k€118k
Appropriation of the result
Profit (loss) to be appropriated9906€-487k€-369k
Profit (loss) brought forward from the previous period14P€-336k€-487k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
02-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €118k
Net result €118k after 2 loss-making years.
13-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
10-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €-336k ▼3302%
Net result drops to €-336k, the lowest in the series; recovery starts the following year.
08-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
10-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
09-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Equity above €100kEq €118k ▲27.2%
3 profitable years in a row build equity to €118k.
08-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
14-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
07-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
11-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Kasterlee · 1 establishment unit since 2012
establishment The establishment unit 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.

Mastenlaan 112460 Kasterlee
Ground area
1,211 m²
Building footprint
212 m²
Volume, LiDAR
1,235 m³
Parcel 13017G0320/00B000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CL-PROJECTS
Mastenlaan 11, 2460 KasterleeReal estate activities
since 20122.211.904.064
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13017G0320/00B000 Flanders 1,211 m² 1 · 212 m² 10.1 m · 2 fl.
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

Of 29,531 companies in sector 41001 we hold annual accounts for 15,868. 12,518 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded09-08-2012
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.