CLAES W. CONSTRUCTION
ActiveCLAES W. CONSTRUCTION has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.05M and a net result of €251k. Equity is growing by ~33.3% per year across the filed fiscal years. Its solvency ranks better than 93% of 7689 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
83
/ 100
Excellent▼ -3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability31▼-18
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €340k at 30 days acceptable
Liquidity ample (current ratio 24.21 against 20.18 in 2024), and 12.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
87.9%
Return on assets
5.4%
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 dateAge against the risk zone
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
31 d early
2023
132 d early
2022
28 d late
2021
19 d early
2020
27 d late
2019
32 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 monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€4.05M▼ 2.9%
2024 · €4.18M
2018: €582k
2019: €956k
2020: €1.36M
2021: €3.36M
2022: €3.73M
2023: €3.77M
2024: €4.18M
2018 → 2025
Total assets
€4.61M▼ 4.4%
2024 · €4.82M
2018: €985k
2019: €1.51M
2020: €2.38M
2021: €4.44M
2022: €4.49M
2023: €4.67M
2024: €4.82M
2018 → 2025
Net result
€251k▼ 38.1%
2024 · €405k
2018: €302k
2019: €374k
2020: €407k
2021: €2.00M
2022: €372k
2023: €408k
2024: €405k
2018 → 2025
Working capital
€3.84M▼ 0.4%
2024 · €3.85M
2018: €560k
2019: €937k
2020: €1.26M
2021: €3.15M
2022: €3.33M
2023: €3.42M
2024: €3.85M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.36M-€3.73M▲ 11.1%€3.77M▲ 1.0%€4.18M▲ 10.7%€4.05M▼ 2.9%
Operating result€575k-€396k▼ 31.2%€425k▲ 7.5%€425k=€284k▼ 33.2%
Net result€2.00M-€372k▼ 81.4%€408k▲ 9.7%€405k▼ 0.6%€251k▼ 38.1%
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 33% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.61M
Fixed assets
€608k▼ 20.9%
Current assets
€4.00M▼ 1.3%
Equity and liabilities €4.61M
Equity
€4.05M▼ 2.9%
Debt
€558k▼ 13.7%
The debt ratio falls from 13.4% to 12.1%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€408k▼
2024 · €551k
Cash flow
€375k▼
2024 · €531k
Solvency
87.9%▲
2024 · 86.6%
Current ratio
24.21▲
2024 · 20.18
Quick ratio
24.21▲
2024 · 20.18
Debt / equity
0.14▼
2024 · 0.15
ROE
6.2%▼
2024 · 9.7%
ROA
5.4%▼
2024 · 8.4%
Interest coverage
46.69▼
2024 · 70.94
Debt
€558k▼
2024 · €646k
Debt ≤ 1 year
€165k▼
2024 · €201k
Debt > 1 year
€391k▼
2024 · €445k
Income taxes
€195k▲
2024 · €182k
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€4.82M€4.61M▼
Fixed assets21/28€768k€608k▼
Tangible fixed assets22/27€768k€608k▼
Land and buildings22€728k€605k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€36k€0▼
Current assets29/58€4.05M€4.00M▼
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€3.31M€2.93M▼
Trade receivables40€189k€77k▼
Other amounts receivable41€3.12M€2.85M▼
Current investments50/53€320k€0▼
Cash at bank and in hand54/58€422k€1.07M▲
Deferred charges and accrued income490/1€0€17▲
Equity and liabilities
Total equity and liabilities10/49€4.82M€4.61M▼
Equity10/15€4.18M€4.05M▼
Contributions10/11€12k€12k=
Reserves13€4.16M€4.04M▼
Tax-exempt reserves132€758k€126k▼
Distributable reserves133€3.41M€3.91M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€646k€558k▼
Amounts payable after more than one year17€445k€391k▼
Financial debts170/4€445k€391k▼
Amounts payable within one year42/48€201k€165k▼
Current portion of amounts payable after more than one year42€53k€54k▲
Trade debts44€68k€17k▼
Suppliers440/4€68k€17k▼
Taxes, remuneration and social security45€62k€78k▲
Taxes450/3€62k€78k▲
Other amounts payable47/48€17k€15k▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€125k€124k▼
Other operating charges640/8€9k€10k▲
Gross operating margin9900€559k€418k▼
Operating profit (loss)9901€425k€284k▼
Financial income75/76B€169k€170k▲
Recurring financial income75€169k€170k▲
Financial charges65/66B€8k€9k▲
Recurring financial charges65€8k€9k▲
Profit (loss) for the period before taxes9903€587k€446k▼
Income taxes67/77€182k€195k▲
Profit (loss) for the period9904€405k€251k▼
Transfer from tax-exempt reserves789-€632k
Profit (loss) for the period to be appropriated9905€405k€882k▲
Appropriation of the result
Profit (loss) to be appropriated9906€405k€882k▲
Transfer from equity791/2€0€374k▲
Transfer to equity691/2€405k€882k▲
To other reserves6921€405k€882k▲
Profit to be distributed694/7€0€374k▲
Return on contributions (dividend)694€0€374k▲
The notes to these accounts (17 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €251k ▼38.1%
Net result drops to €251k, the lowest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity doublescurrent ratio 20.18
Current ratio from 9.42 to 20.18; short-term debt falls from €406k to €201k.
21-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 16.79
Current ratio from 7.55 to 16.79; short-term debt falls from €481k to €211k.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €2.00M ▲390%
Net result €2.00M, the highest in the series.
31-12
Financial
Equity above €2MEq €3.36M ▲146%
4 profitable years in a row build equity to €3.36M.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial
Equity above €1MEq €1.36M ▲42.6%
3 profitable years in a row build equity to €1.36M.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Genk · 1 establishment unit since 2007
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.
Gordelweg 103600 GenkGround area
3,247 m²
Building footprint
595 m²
Volume, LiDAR
3,656 m³
Parcel 71304E0727/00D011, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CLAES W. CONSTRUCTION
since 20072.161.343.508
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71304E0727/00D011 | Flanders | 3,247 m² | 1 · 595 m² | 8.0 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 1,500 EUR awarded · 1,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,500 EUR | 1,500 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,348 companies in sector 43110 we hold annual accounts for 621. 150 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-02-2007
Fiscal year end31-12
Activities, NACEBEL
43110Demolition
41001General construction of residential buildings
43331Floor and wall tiling
43422Screed work
Sources
Crossroads Bank for EnterprisesNational Bank · 18 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.