CLAESSEN GRAPHISTES
ActiveSummary
CLAESSEN GRAPHISTES has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-184k) and a net result of €-25k. Equity is shrinking by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 7029 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
35
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.62 against 1.63 in 2024; short-term debt: 151.2% and cash: 30.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-689.3%
Return on assets
-94.7%
Age of the figures
9 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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-184k
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
6 d late
2024
48 d early
2023
33 d early
2022
4 d early
2021
25 d early
2020
9 d late
2019
31 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
€-184k▼ 15.9%
2024 · €-158k
2018: €-57k
2019: €-83k
2020: €-97k
2021: €-103k
2022: €-121k
2023: €-141k
2024: €-158k
2018 → 2025
Total assets
€27k▲ 3.2%
2024 · €26k
2018: €39k
2019: €22k
2020: €26k
2021: €32k
2022: €27k
2023: €28k
2024: €26k
2018 → 2025
Net result
€-25k▼ 47.7%
2024 · €-17k
2018: €-15k
2019: €-27k
2020: €-13k
2021: €-7k
2022: €-17k
2023: €-21k
2024: €-17k
2018 → 2025
Working capital
€-15k
2024 · €9k
2018: €-59k
2019: €-16k
2020: €20k
2021: €26k
2022: €9k
2023: €-13k
2024: €9k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-103k-€-121k▼ 16.8%€-141k▼ 17.1%€-158k▼ 12.1%€-184k▼ 15.9%
Operating result€-6k-€-17k▼ 178%€-20k▼ 19.5%€-17k▲ 17.8%€-25k▼ 49.0%
Net result€-7k-€-17k▼ 163%€-21k▼ 18.7%€-17k▲ 17.3%€-25k▼ 47.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €25k in 2025 against €17k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27k
Fixed assets
€2k ▼ 40.1%
Current assets
€25k ▲ 8.9%
Key figures and ratios
EBITDA
€-23k▼
2024 · €-15k
Cash flow
€-24k▼
2024 · €-16k
Solvency
-689.3%▼
2024 · -613.9%
Current ratio
0.62▼
2024 · 1.63
Debt to equity
-1.15▲
2024 · -1.16
ROA
-94.7%▼
2024 · -66.2%
Interest coverage
-38.46▼
2024 · -26.98
Debt
€210k▲
2024 · €184k
Debt ≤ 1 year
€40k▲
2024 · €14k
Debt > 1 year
€170k=
2024 · €170k
Income taxes
€3▲
2024 · €2
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€26k€27k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€2k€476▼
Land and buildings22€371-
Furniture and vehicles24€1k€476▼
Financial fixed assets28€1k€1k=
Current assets29/58€23k€25k▲
Amounts receivable within one year40/41€16k€17k▲
Trade receivables40€16k€17k▲
Other amounts receivable41€294-
Cash at bank and in hand54/58€7k€8k▲
Equity and liabilities
Total equity and liabilities10/49€26k€27k▲
Equity10/15€-158k€-184k▼
Contributions10/11€19k€19k=
Reserves13€8k€8k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€-185k€-210k▼
Amounts payable17/49€184k€210k▲
Amounts payable after more than one year17€170k€170k=
Other amounts payable178/9€170k€170k=
Amounts payable within one year42/48€14k€40k▲
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Taxes, remuneration and social security45-€196
Taxes450/3-€196
Other amounts payable47/48€9k€36k▲
Accrued charges and deferred income492/3€222-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€607€620▲
Gross operating margin9900€-15k€-23k▼
Operating profit (loss)9901€-17k€-25k▼
Financial income75/76B€17€15▼
Recurring financial income75€17€15▼
Financial charges65/66B€562€609▲
Recurring financial charges65€562€609▲
Profit (loss) for the period before taxes9903€-17k€-25k▼
Income taxes67/77€2€3▲
Profit (loss) for the period9904€-17k€-25k▼
Profit (loss) for the period to be appropriated9905€-17k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-185k€-210k▼
Profit (loss) brought forward from the previous period14P€-168k€-185k▼
The notes to these accounts (5 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
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 1.63
Current ratio from 0.65 to 1.63; short-term debt falls from €36k to €14k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
31-12
Financial
Liquidity times 19current ratio 10.44
Current ratio from 0.56 to 10.44; short-term debt falls from €37k to €2k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
14-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 75 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 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, Liège · 1 establishment unit since 1978
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.
Boulevard Piercot 54000 LiègeGround area
98 m²
Building footprint
74 m²
Volume, LiDAR
2,372 m³
Parcel 62805B0476/00M023, Wallonia · tallest building 33.7 m, ±11 floors. Linked by address, not a title deed.
1 establishment unit
Boulevard Piercot 5, 4000 Liège
since 19782.014.631.897
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62805B0476/00M023 | Wallonia | 98 m² | 1 · 74 m² | 33.7 m · 11 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.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,860 companies in sector 73110 we hold annual accounts for 3,753. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-01-1978
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.