CLAES
ActiveSummary
CLAES has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €177k and a net result of €-24k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 94% of 1544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▼-19
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 4.45 against 6.1 in 2024; short-term debt: 12% and cash: 36.6% of total assets), and 12% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 filingsDeviation from the deadline
2025
28 d late
2024
24 d early
2023
29 d late
2022
30 d late
2021
31 d late
2020
52 d late
2019
92 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€177k▼ 11.9%
2024 · €201k
2018: €208k
2019: €189k
2020: €203k
2021: €221k
2022: €180k
2023: €193k
2024: €201k
2018 → 2025
Total assets
€201k▼ 6.8%
2024 · €216k
2018: €223k
2019: €209k
2020: €217k
2021: €249k
2022: €204k
2023: €222k
2024: €216k
2018 → 2025
Net result
€-24k
2024 · €8k
2018: €-13k
2019: €-19k
2020: €14k
2021: €18k
2022: €-41k
2023: €13k
2024: €8k
2018 → 2025
Working capital
€83k▲ 9.3%
2024 · €76k
2018: €99k
2019: €100k
2020: €93k
2021: €112k
2022: €68k
2023: €97k
2024: €76k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€221k-€180k▼ 18.6%€193k▲ 7.4%€201k▲ 4.0%€177k▼ 11.9%
Operating result€25k-€-39k€22k€10k▼ 52.1%€-22k
Net result€18k-€-41k€13k€8k▼ 42.2%€-24k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €22k after €10k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €201k
Fixed assets
€94k ▼ 24.8%
Current assets
€107k ▲ 17.9%
Equity and liabilities €201k
Equity
€177k ▼ 11.9%
Debt
€24k ▲ 61.7%
Debt's share of the balance-sheet total rises from 6.9% to 12.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€13k▼
2024 · €42k
Cash flow
€12k▼
2024 · €40k
Current ratio
4.45▼
2024 · 6.10
Quick ratio
4.30▼
2024 · 5.86
Debt to equity
0.14▲
2024 · 0.07
ROE
-13.5%▼
2024 · 3.8%
ROA
-11.9%▼
2024 · 3.5%
Interest coverage
7.86▼
2024 · 20.09
Debt ≤ 1 year
€24k▲
2024 · €15k
Income taxes
€0▼
2024 · €846
Staff costs
€108k▲
2024 · €88k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€216k€201k▼
Fixed assets21/28€125k€94k▼
Tangible fixed assets22/27€125k€94k▼
Land and buildings22€41k€26k▼
Plant, machinery and equipment23€47k€37k▼
Furniture and vehicles24€36k€28k▼
Other tangible fixed assets26-€3k
Current assets29/58€91k€107k▲
Stocks and contracts in progress3€4k€4k=
Stocks30/36€4k€4k=
Amounts receivable within one year40/41€21k€30k▲
Trade receivables40€2k€11k▲
Other amounts receivable41€20k€19k▼
Cash at bank and in hand54/58€66k€74k▲
Equity and liabilities
Total equity and liabilities10/49€216k€201k▼
Equity10/15€201k€177k▼
Contributions10/11€30k€30k=
Reserves13€171k€171k=
Non-distributable reserves130/1€3k€0▼
Reserves not available under the articles1311€3k€0▼
Distributable reserves133€168k€171k▲
Profit (loss) carried forward14€-127€-24k▼
Amounts payable17/49€15k€24k▲
Amounts payable within one year42/48€15k€24k▲
Trade debts44€7k€18k▲
Suppliers440/4€7k€18k▲
Taxes, remuneration and social security45€8k€7k▼
Taxes450/3€1k€0▼
Remuneration and social security454/9€6k€7k▲
Income statement
Code20242025
Remuneration, social security and pensions62€88k€108k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€36k▲
Other operating charges640/8€599€615▲
Gross operating margin9900€131k€122k▼
Operating profit (loss)9901€10k€-22k▼
Financial income75/76B€278€193▼
Recurring financial income75€278€193▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€8k€-24k▼
Income taxes67/77€846€0▼
Profit (loss) for the period9904€8k€-24k▼
Profit (loss) for the period to be appropriated9905€8k€-24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-127€-24k▼
Profit (loss) brought forward from the previous period14P€-8k€-127▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €201k ▲4%
2 profitable years in a row build equity to €201k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-41k ▼328%
Net result drops to €-41k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €18k ▲31.3%
Operating result €25k, net result €18k, both a record.
21-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 52 days late
2020
31-12
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
31-12
Financial
Equity above €200kEq €203k ▲7.2%
Equity rises from €189k to €203k.
Show earlier events
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 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, Steenokkerzeel · 1 establishment unit since 1993
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.
Van Frachenlaan 141820 SteenokkerzeelGround area
429 m²
Building footprint
271 m²
Volume, LiDAR
1,453 m³
Parcel 23081E0352/02D002, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CLAES BVBA
since 19932.060.414.018
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23081E0352/02D002 | Flanders | 429 m² | 1 · 271 m² | 10.3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSteenokkerzeel2.060.414.018
Similar companies · same sector, comparable size
BAIRIN
BE 0452.700.978
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ROGGE
BE 0452.043.160
Oudenaarde · Eq €176,529
BAKKERIJ DULT
BE 0431.512.616
Laarne · Eq €177,445
Hermine Pâtisserie
BE 0769.791.307
Elsene · Eq €177,525
Bakkerij Devers P.
BE 0439.298.152
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Of 4,226 companies in sector 10712 we hold annual accounts for 1,870. 1,553 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-10-1992
Fiscal year end31-12
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
10520Manufacture of food products
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.