CLAES K
ActiveCLAES K has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18k and a net result of €-13k. Equity is shrinking by ~18.7% per year across the filed fiscal years. Its solvency ranks better than 15% of 1729 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
39
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability8▼-2
Solvency37▼-11
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.69 against 0.68 in 2024; short-term debt: 88.4% and cash: 0.3% of total assets), and 88.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
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 · 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 2025Solvency, return and age of the figures
Solvency
11.6%
Return on assets
-8.5%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-13k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 1729 sector peers (2025).
NBB · sector comparisonPosition among 1729 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-02-2026, 22 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
22 d late
2024
319 d late
2023
685 d late
2022
1050 d late
2021
226 d late
2020
31 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€18k▼ 42.3%
2024 · €32k
2019: €66k
2020: €72k
2021: €47k
2022: €37k
2023: €41k
2024: €32k
2019 → 2025
Total assets
€156k▲ 13.2%
2024 · €138k
2019: €180k
2020: €176k
2021: €175k
2022: €116k
2023: €111k
2024: €138k
2019 → 2025
Net result
€-13k▼ 45.0%
2024 · €-9k
2019: €872
2020: €6k
2021: €-25k
2022: €-9k
2023: €3k
2024: €-9k
2019 → 2025
Working capital
€-43k▼ 28.1%
2024 · €-34k
2019: €28k
2020: €21k
2021: €-3k
2022: €-10k
2023: €-4k
2024: €-34k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€47k-€37k▼ 19.6%€41k▲ 8.5%€32k▼ 22.6%€18k▼ 42.3%
Operating result€-24k-€-57k▼ 136%€5k€-8k€-11k▼ 32.3%
Net result€-25k-€-9k▲ 64.2%€3k€-9k€-13k▼ 45.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2025 against €8k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €156k
Fixed assets
€61k▼ 9.5%
Current assets
€95k▲ 35.1%
Equity and liabilities €156k
Equity
€18k▼ 42.3%
Debt
€138k▲ 29.6%
The debt ratio rises from 77.2% to 88.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-4k▲
2024 · €-4k
Cash flow
€-7k▼
2024 · €-6k
Solvency
11.6%▼
2024 · 22.8%
Current ratio
0.69▲
2024 · 0.68
Quick ratio
0.58▲
2024 · 0.53
Debt / equity
7.59▲
2024 · 3.38
ROE
-73.3%▼
2024 · -29.2%
ROA
-8.5%▼
2024 · -6.7%
Interest coverage
-1.44▲
2024 · -3.53
Debt
€138k▲
2024 · €106k
Debt ≤ 1 year
€138k▲
2024 · €104k
Staff costs
€19k▼
2024 · €22k
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€138k€156k▲
Fixed assets21/28€68k€61k▼
Tangible fixed assets22/27€56k€50k▼
Land and buildings22€12k€12k=
Plant, machinery and equipment23€9k€7k▼
Furniture and vehicles24€10k€6k▼
Other tangible fixed assets26€4k€4k▼
Assets under construction and advance payments27€21k€21k=
Financial fixed assets28€11k€11k=
Current assets29/58€70k€95k▲
Stocks and contracts in progress3€15k€15k=
Stocks30/36€15k€15k=
Amounts receivable within one year40/41€47k€72k▲
Trade receivables40€20k€55k▲
Other amounts receivable41€26k€17k▼
Cash at bank and in hand54/58€1k€441▼
Deferred charges and accrued income490/1€8k€8k▲
Equity and liabilities
Total equity and liabilities10/49€138k€156k▲
Equity10/15€32k€18k▼
Contributions10/11€49k€49k=
Revaluation surpluses12€24k€24k=
Reserves13€12k€12k=
Non-distributable reserves130/1€12k€12k=
Reserves not available under the articles1311€12k€12k=
Profit (loss) carried forward14€-52k€-66k▼
Amounts payable17/49€106k€138k▲
Amounts payable after more than one year17€3k-
Financial debts170/4€3k-
Amounts payable within one year42/48€104k€138k▲
Current portion of amounts payable after more than one year42€6k€4k▼
Financial debts43€16k€20k▲
Credit institutions430/8€16k€20k▲
Trade debts44€5k€13k▲
Suppliers440/4€5k€13k▲
Taxes, remuneration and social security45€8k€3k▼
Taxes450/3€8k€3k▼
Other amounts payable47/48€69k€98k▲
Income statement
Code20242025
Remuneration, social security and pensions62€22k€19k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€20k€16k▼
Operating profit (loss)9901€-8k€-11k▼
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€-9k€-13k▼
Profit (loss) for the period9904€-9k€-13k▼
Profit (loss) for the period to be appropriated9905€-9k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-52k€-66k▼
Profit (loss) brought forward from the previous period14P€-43k€-52k▼
Social balance
Average headcount (FTE)90872.52.5=
The notes to these accounts (7 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
22-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 22 days late
2025
16-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 319 days late
16-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 685 days late
16-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 1050 days late
2023
30-06
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
2022
14-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 226 days late
2021
30-06
Financial
Weakest financial yearnet €-25k ▼531%
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
03-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
30-06
Financial
Highest result since 2019net €6k ▲579%
Operating result €7k, net result €6k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 12 days late
2018
04-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 428 days late
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
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, Tongeren-Borgloon · 1 establishment unit since 2003
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.
St.-Truidersteenweg 5503840 Tongeren-BorgloonGround area
2,801 m²
Building footprint
145 m²
Volume, LiDAR
522 m³
Parcel 73067A0567/00N000, Flanders · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CLAES K. bvba
since 20032.134.085.716
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73067A0567/00N000 | Flanders | 2,801 m² | 1 · 145 m² | 6.1 m · 1 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 siteTongeren-Borgloon2.134.085.716
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ERPOLEEN
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La Ferme de Haute Desnié
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Of 1,345 companies in sector 01240 we hold annual accounts for 321. 112 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded05-09-2003
Fiscal year end30-06
Activities, NACEBEL
01130Growing of vegetables, melons, roots and tubers
01240Growing of pome and stone fruits
01210
01410Raising of dairy cattle
46350Wholesale trade
47210Retail sale of fruit and vegetables
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.