CLAES
ActiveSummary
CLAES has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €320k and a net result of €27k. Equity is growing by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 80% of 10407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-1
Solvency93▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.8 against 3.43 in 2024; short-term debt: 31.6% and cash: 74.4% of total assets), and 32.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more 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
67.9%
Return on assets
5.8%
Age of the figures
9 mo
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
16 d early
2023
23 d early
2022
14 d early
2021
12 d early
2020
31 d late
2019
14 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€320k▼ 19.6%
2024 · €398k
2018: €186klowest in 8 years
2019: €208k▲ +11.8% vs 2018
2020: €268k▲ +28.8% vs 2019
2021: €319k▲ +19.2% vs 2020
2022: €332k▲ +4.1% vs 2021
2023: €363k▲ +9.3% vs 2022
2024: €398k▲ +9.7% vs 2023highest in 8 years
2025: €320k▼ -19.6% vs 2024
2018 → 2025
Total assets
€471k▼ 12.4%
2024 · €538k
2018: €528k
2019: €443k▼ -16.2% vs 2018lowest in 8 years
2020: €493k▲ +11.4% vs 2019
2021: €543k▲ +10.1% vs 2020highest in 8 years
2022: €509k▼ -6.2% vs 2021
2023: €497k▼ -2.3% vs 2022
2024: €538k▲ +8.3% vs 2023
2025: €471k▼ -12.4% vs 2024
2018 → 2025
Net result
€27k▼ 22.3%
2024 · €35k
2018: €22k
2019: €22k▼ -1.8% vs 2018
2020: €60k▲ +173% vs 2019highest in 8 years
2021: €51k▼ -14.1% vs 2020
2022: €13k▼ -74.6% vs 2021lowest in 8 years
2023: €31k▲ +136% vs 2022
2024: €35k▲ +14.3% vs 2023
2025: €27k▼ -22.3% vs 2024
2018 → 2025
Working capital
€268k▼ 20.2%
2024 · €336k
2018: €107klowest in 8 years
2019: €131k▲ +21.9% vs 2018
2020: €184k▲ +40.8% vs 2019
2021: €238k▲ +28.8% vs 2020
2022: €265k▲ +11.4% vs 2021
2023: €286k▲ +8.3% vs 2022
2024: €336k▲ +17.4% vs 2023highest in 8 years
2025: €268k▼ -20.2% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€319k-€332k▲ 4.1%€363k▲ 9.3%€398k▲ 9.7%€320k▼ 19.6%
2021: €319klowest in 5 years
2022: €332k▲ +4.1% vs 2021
2023: €363k▲ +9.3% vs 2022
2024: €398k▲ +9.7% vs 2023highest in 5 years
2025: €320k▼ -19.6% vs 2024
Operating result€79k-€23k▼ 71.4%€52k▲ 130%€57k▲ 10.6%€42k▼ 26.3%
2021: €79khighest in 5 years
2022: €23k▼ -71.4% vs 2021lowest in 5 years
2023: €52k▲ +130% vs 2022
2024: €57k▲ +10.6% vs 2023
2025: €42k▼ -26.3% vs 2024
Net result€51k-€13k▼ 74.6%€31k▲ 136%€35k▲ 14.3%€27k▼ 22.3%
2021: €51khighest in 5 years
2022: €13k▼ -74.6% vs 2021lowest in 5 years
2023: €31k▲ +136% vs 2022
2024: €35k▲ +14.3% vs 2023
2025: €27k▼ -22.3% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €471k
Fixed assets
€54k ▼ 14.9%
Current assets
€417k ▼ 12.1%
Equity and liabilities €471k
Equity
€320k ▼ 19.6%
Debt
€151k ▲ 7.9%
Debt's share of the balance-sheet total rises from 26.0% to 32.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€61k▼
2024 · €76k
Cash flow
€46k▼
2024 · €54k
Current ratio
2.80▼
2024 · 3.43
Quick ratio
2.44▼
2024 · 3.06
Debt to equity
0.47▲
2024 · 0.35
ROE
8.6%▼
2024 · 8.9%
ROA
5.8%▼
2024 · 6.5%
Interest coverage
8.13▼
2024 · 9.82
Debt ≤ 1 year
€149k▲
2024 · €138k
Income taxes
€13k▼
2024 · €16k
Staff costs
€123k▼
2024 · €123k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€538k€471k▼
Fixed assets21/28€64k€54k▼
Tangible fixed assets22/27€63k€54k▼
Land and buildings22€25k€20k▼
Plant, machinery and equipment23€38k€34k▼
Financial fixed assets28€150€150=
Current assets29/58€475k€417k▼
Stocks and contracts in progress3€51k€54k▲
Stocks30/36€51k€54k▲
Amounts receivable within one year40/41€7k€9k▲
Trade receivables40€3€654▲
Other amounts receivable41€7k€8k▲
Cash at bank and in hand54/58€412k€351k▼
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€538k€471k▼
Equity10/15€398k€320k▼
Contributions10/11€19k€19k=
Reserves13€380k€302k▼
Distributable reserves133€380k€302k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€140k€151k▲
Amounts payable within one year42/48€138k€149k▲
Trade debts44€29k€35k▲
Suppliers440/4€29k€35k▲
Taxes, remuneration and social security45€34k€34k▲
Taxes450/3€5k€4k▼
Remuneration and social security454/9€28k€30k▲
Other amounts payable47/48€76k€80k▲
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Non-recurring operating income76A-€500
Remuneration, social security and pensions62€123k€123k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€18k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€201k€185k▼
Operating profit (loss)9901€57k€42k▼
Financial income75/76B€2k€6k▲
Recurring financial income75€2k€6k▲
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€52k€41k▼
Income taxes67/77€16k€13k▼
Profit (loss) for the period9904€35k€27k▼
Profit (loss) for the period to be appropriated9905€35k€27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€35k€27k▼
Transfer from equity791/2-€105k
Transfer to equity691/2€35k€27k▼
To other reserves6921€35k€27k▼
Profit to be distributed694/7-€105k
Return on contributions (dividend)694-€105k
Social balance
Average headcount (FTE)90873.43.4=
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €500 | - |
| Remuneration, social security and pensions62 | €112k | €100k | €110k | €123k | €123k | ▼ 0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29k | €24k | €18k | €19k | €18k | ▼ 2.5% |
| Other operating charges640/8 | €1k | €1k | €2k | €2k | €2k | ▲ 7.7% |
| Gross operating margin9900 | €221k | €148k | €182k | €201k | €185k | ▼ 7.8% |
| Operating profit (loss)9901 | €79k | €23k | €52k | €57k | €42k | ▼ 26.3% |
| Financial income75/76B | €3k | €2k | €650 | €2k | €6k | ▲ 198% |
| Recurring financial income75 | €3k | €2k | €650 | €2k | €6k | ▲ 198% |
| Financial charges65/66B | €7k | €7k | €8k | €8k | €7k | ▼ 3.9% |
| Recurring financial charges65 | €7k | €7k | €8k | €8k | €7k | ▼ 3.9% |
| Profit (loss) for the period before taxes9903 | €76k | €18k | €45k | €52k | €41k | ▼ 21.3% |
| Income taxes67/77 | €25k | €5k | €14k | €16k | €13k | ▼ 19.3% |
| Profit (loss) for the period9904 | €51k | €13k | €31k | €35k | €27k | ▼ 22.3% |
| Transfer from tax-exempt reserves789 | €5k | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €56k | €13k | €31k | €35k | €27k | ▼ 22.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €543k | €509k | €497k | €538k | €471k | ▼ 12.4% |
| Fixed assets21/28 | €90k | €68k | €78k | €64k | €54k | ▼ 14.9% |
| Tangible fixed assets22/27 | €90k | €67k | €78k | €63k | €54k | ▼ 14.9% |
| Land and buildings22 | €25k | €17k | €30k | €25k | €20k | ▼ 19.8% |
| Plant, machinery and equipment23 | €65k | €50k | €48k | €38k | €34k | ▼ 11.7% |
| Financial fixed assets28 | - | €150 | €150 | €150 | €150 | = |
| Current assets29/58 | €453k | €441k | €419k | €475k | €417k | ▼ 12.1% |
| Stocks and contracts in progress3 | €48k | €49k | €51k | €51k | €54k | ▲ 5.9% |
| Stocks30/36 | €48k | €49k | €51k | €51k | €54k | ▲ 5.9% |
| Amounts receivable within one year40/41 | €795 | €14k | €904 | €7k | €9k | ▲ 17.8% |
| Trade receivables40 | €645 | €17 | €25 | €3 | €654 | ▲ 24,469% |
| Other amounts receivable41 | €150 | €14k | €879 | €7k | €8k | ▲ 8.9% |
| Cash at bank and in hand54/58 | €401k | €374k | €365k | €412k | €351k | ▼ 14.9% |
| Deferred charges and accrued income490/1 | €2k | €4k | €2k | €4k | €4k | ▼ 6.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €543k | €509k | €497k | €538k | €471k | ▼ 12.4% |
| Equity10/15 | €319k | €332k | €363k | €398k | €320k | ▼ 19.6% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €300k | €313k | €344k | €380k | €302k | ▼ 20.5% |
| Distributable reserves133 | €300k | €313k | €344k | €380k | €302k | ▼ 20.5% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €224k | €177k | €134k | €140k | €151k | ▲ 7.9% |
| Amounts payable after more than one year17 | €6k | - | - | - | - | - |
| Financial debts170/4 | €6k | - | - | - | - | - |
| Amounts payable within one year42/48 | €215k | €177k | €132k | €138k | €149k | ▲ 7.6% |
| Current portion of amounts payable after more than one year42 | €13k | €6k | - | - | - | - |
| Financial debts43 | €4k | - | - | - | - | - |
| Credit institutions430/8 | €4k | - | - | - | - | - |
| Trade debts44 | €42k | €33k | €33k | €29k | €35k | ▲ 23.9% |
| Suppliers440/4 | €42k | €33k | €33k | €29k | €35k | ▲ 23.9% |
| Taxes, remuneration and social security45 | €35k | €23k | €26k | €34k | €34k | ▲ 0.1% |
| Taxes450/3 | €11k | €2k | €3k | €5k | €4k | ▼ 29.2% |
| Remuneration and social security454/9 | €23k | €21k | €23k | €28k | €30k | ▲ 5.3% |
| Other amounts payable47/48 | €122k | €115k | €73k | €76k | €80k | ▲ 4.8% |
| Accrued charges and deferred income492/3 | €2k | - | €2k | €2k | €2k | ▲ 29.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €51k | €13k | €31k | €35k | €27k | ▼ 22.3% |
| + Depreciation and write-downs630 | €29k | €24k | €18k | €19k | €18k | ▼ 2.5% |
| Operating cash flow (approximation) | €80k | €37k | €49k | €54k | €46k | ▼ 15.4% |
| Investment in fixed assets (approximation) | - | €-2k | €-29k | €-4k | €-9k | ▼ 125% |
| Change in cash | - | €-27k | €-9k | €47k | €-61k | ▼ 231% |
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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €13k ▼74.6%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €60k ▲173%
Operating result €92k, net result €60k, both a record.
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 14 days late
2019
31-12
Financial
Equity above €200kEq €208k ▲11.8%
2 profitable years in a row build equity to €208k.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
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.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Bilzen-Hoeselt · 1 establishment unit since 1998
Ground area
587 m²
Building footprint
272 m²
Volume, LiDAR
1,509 m³
Parcel 73032D0113/00E000, Flanders · tallest building 10.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Groenstraat 9B, 3730 Bilzen-Hoeselt
since 19982.085.544.441
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73032D0113/00E000 | Flanders | 587 m² | 1 · 272 m² | 10.7 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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 siteBilzen-Hoeselt2.085.544.441
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Of 2,474 companies in sector 47279 we hold annual accounts for 949. 619 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-01-1998
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
47279Other retail sale of food
47221Retail sale of meat and meat products, excluding game and poultry
Scores and ratios are computed by Checked and are not a credit decision.