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CL1

Active
Private limited companyfounded 2024active for 2 yearsKwadestraat 185, 8800 Roeselare, BelgiumKBO/BCE: BE 1014.152.915
Summary

CL1 has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24,091 and a net result of -€25,909. Its solvency ranks better than 32% of 11,207 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Financials · financial year 2025, abbreviated format

Equity
€24,091
Total assets
€184,091
Net result
-€25,909
Working capital
-€158,195

Turnover and EBIT margin not published: the abbreviated format does not require them.

Balance-sheet composition
Assets €184,091
Fixed assets €182,286
Current assets €1,805
Equity and liabilities €184,091
Equity €24,091
Debt €160,000
Debt finances 86.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
-€3,977
Cash flow
-€3,999
Current ratio
0.01
Debt to equity
6.64
ROE
-107.6%
ROA
-14.1%
Interest coverage
-181.03
Debt ≤ 1 year
€160,000

Peer companies

Historical observation

Of the 1,207 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 90.2% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
4.6% went bankrupt
4.6% stopped otherwise
90.2% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,207 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
Filed annual accounts As filed with the NBB · 2025 · 23 lines
Balance sheet Code2025
Assets
Total assets20/58€184,091
Fixed assets21/28€182,286
Tangible fixed assets22/27€182,286
Land and buildings22€182,286
Current assets29/58€1,805
Cash at bank and in hand54/58€1,805
Equity and liabilities
Total equity and liabilities10/49€184,091
Equity10/15€24,091
Contributions10/11€50,000
Profit (loss) carried forward14-€25,909
Amounts payable17/49€160,000
Amounts payable within one year42/48€160,000
Other amounts payable47/48€160,000
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,910
Other operating charges640/8€350
Gross operating margin9900-€3,627
Operating profit (loss)9901-€25,887
Financial charges65/66B€22
Recurring financial charges65€22
Profit (loss) for the period before taxes9903-€25,909
Profit (loss) for the period9904-€25,909
Profit (loss) for the period to be appropriated9905-€25,909
Appropriation of the result
Profit (loss) to be appropriated9906-€25,909

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,910
Other operating charges640/8€350
Gross operating margin9900-€3,627
Operating profit (loss)9901-€25,887
Financial charges65/66B€22
Recurring financial charges65€22
Profit (loss) for the period before taxes9903-€25,909
Profit (loss) for the period9904-€25,909
Profit (loss) for the period to be appropriated9905-€25,909
Line2025
Assets
Total assets20/58€184,091
Fixed assets21/28€182,286
Tangible fixed assets22/27€182,286
Land and buildings22€182,286
Current assets29/58€1,805
Cash at bank and in hand54/58€1,805
Equity and liabilities
Total equity and liabilities10/49€184,091
Equity10/15€24,091
Contributions10/11€50,000
Profit (loss) carried forward14-€25,909
Amounts payable17/49€160,000
Amounts payable within one year42/48€160,000
Other amounts payable47/48€160,000
Line2025
Profit (loss) for the period9904-€25,909
+ Depreciation and write-downs630€21,910
Operating cash flow (approximation)-€3,999

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 15-07-2026 2026-00297609

Similar companies · same sector, comparable size

Of the 9,086 active companies whose main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201), figures are known for 6,888. 2,533 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.