CLAREBOUT
ActiveFinancials · financial year 2024, full format, standalone accounts
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 1 November 2026.
Annual accounts 2024 filed on 01-07-2025 PDF all 43 filings
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result for 2024 is 5.5 times that of 2023 and the highest since 2020. It is a recovery after the fall in 2023.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Advertising, market research and public relations activities (NACE 73). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
- 2020 Net result -55% on 2019. Merger absorbing H.J.R. ITRACO, Official Gazette 02-08-2019, in the previous financial year. That operation now counts for a full year for the first time.
Comparable companies
These companies have the same main activity as CLAREBOUT: market research and public opinion polling (NACE 73200). They are comparable in size and age: total assets between €76m and €391m, founded between 1985 and 2003.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|---|
| CLAREBOUT Heuvelland | 1994 | €591.7m | €229.2m | - | €794.6m | €5.9m | 32.4 | 2024 |
| BDC INTERNATIONAL Mont-Saint-Guibert | 1985 | €110.9m | €74.9m | - | €66.3m | €4.6m | 21 | 2025 |
| VAN MARCKE TRADING GROUP Kortrijk | 1989 | €138.6m | €35.0m | - | €16.6m | -€4.8m | 66.8 | 2025 |
| SAN VITO Sint-Lambrechts-Woluwe | 1993 | €391.3m | €37.0m | -€0.09m | - | €7.4m | - | 2025 |
| Asahi Kasei Bioprocess Europe Schaarbeek | 2003 | €75.7m | €9.3m | - | €136.2m | €8.7m | 16.8 | 2026 |
| FIWEP Sint-Lambrechts-Woluwe | 1996 | €187.2m | €149.7m | -€0.1m | - | €7.8m | - | 2025 |
| PARCOFIN Gembloux | 1999 | €213.2m | €45.2m | -€0.06m | - | €0.007m | - | 2025 |
They were chosen from the 1,742 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €326.7m | €431.5m | €581.2m | €794.8m | ▲ 36.8% |
| Turnover70 | €274.1m | €361.6m | €295.5m | €321.3m | €430.7m | €580.5m | €794.6m | ▲ 36.9% |
| Other operating income74 | - | - | - | €5.4m | €0.7m | €0.6m | €0.006m | ▼ 99.1% |
| Non-recurring operating income76A | - | - | - | €305 | €0.003m | €0.04m | €0.2m | ▲ 368% |
| Operating charges60/66A | - | - | - | €329.2m | €428.9m | €579.6m | €786.0m | ▲ 35.6% |
| Goods for resale, raw materials and consumables60 | - | - | - | €315.7m | €417.6m | €565.8m | €768.4m | ▲ 35.8% |
| Purchases600/8 | - | - | - | €316.3m | €421.5m | €570.4m | €763.4m | ▲ 33.8% |
| Change in stocks: decrease (increase)609 | - | - | - | -€0.6m | -€3.9m | -€4.6m | €5.1m | - |
| Services and other goods61 | - | - | - | €8.7m | €6.5m | €8.0m | €10.0m | ▲ 25.0% |
| Remuneration, social security and pensions62 | - | - | - | €1.5m | €1.6m | €2.0m | €2.8m | ▲ 38.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2.5m | €2.5m | €2.9m | €2.9m | €2.9m | €3.3m | €4.1m | ▲ 22.4% |
| Other operating charges640/8 | - | - | - | €0.4m | €0.3m | €0.4m | €0.6m | ▲ 48.2% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €0.001m | - |
| Operating profit (loss)9901 | €1.3m | €4.8m | €1.8m | -€2.5m | €2.6m | €1.6m | €8.9m | ▲ 452% |
| Financial income75/76B | - | - | - | €1.4m | €1.7m | €208.0m | €4.6m | ▼ 97.8% |
| Recurring financial income75 | €0.05m | €0.5m | €0.5m | €1.4m | €1.6m | €208.0m | €4.6m | ▼ 97.8% |
| Income from financial fixed assets750 | - | - | - | €1.4m | €1.3m | €207.5m | €0.8m | ▼ 99.6% |
| Income from current assets751 | - | - | - | €67 | €0.06m | €0.5m | €2.2m | ▲ 329% |
| Other financial income752/9 | - | - | - | €0.02m | €0.3m | €0.04m | €1.5m | ▲ 41× |
| Non-recurring financial income76B | - | - | - | - | €0.06m | - | - | - |
| Financial charges65/66B | - | - | - | €1.3m | €1.3m | €4.3m | €6.1m | ▲ 40.7% |
| Recurring financial charges65 | €0.7m | €1.1m | €1.1m | €1.3m | €1.3m | €4.3m | €6.1m | ▲ 40.7% |
| Debt charges650 | €0.7m | €1.0m | €1.0m | €1.0m | €1.3m | €4.1m | €5.8m | ▲ 42.7% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | - | - | - | €0.2m | - |
| Other financial charges652/9 | - | - | - | €0.2m | €0.04m | €0.3m | €0.1m | ▼ 58.8% |
| Profit (loss) for the period before taxes9903 | €0.6m | €4.2m | €2.3m | -€2.3m | €2.9m | €205.3m | €7.3m | ▼ 96.4% |
| Income taxes67/77 | €0.3m | €1.2m | €0.9m | -€0.1m | €0.3m | €0.06m | €1.4m | ▲ 22× |
| Taxes670/3 | - | - | - | €0.007m | €0.3m | €0.9m | €1.4m | ▲ 62.2% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €0.1m | - | €0.8m | - | - |
| Profit (loss) for the period9904 | €0.4m | €3.0m | €1.3m | -€2.2m | €2.6m | €205.3m | €5.9m | ▼ 97.1% |
| Transfer from tax-exempt reserves789 | - | - | - | €0.7m | €0.7m | - | €1.0m | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | €0.9m | - | - | - |
| Profit (loss) for the period to be appropriated9905 | - | €3.7m | €0.8m | -€1.5m | €2.5m | €205.3m | €6.9m | ▼ 96.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €111.8m | €137.1m | €146.4m | €169.2m | €191.8m | €500.2m | €591.7m | ▲ 18.3% |
| Fixed assets21/28 | €84.8m | €108.5m | €117.2m | €141.4m | €145.1m | €385.5m | €403.8m | ▲ 4.8% |
| Intangible fixed assets21 | €0.03m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Tangible fixed assets22/27 | €52.0m | €68.0m | €73.7m | €66.6m | €66.4m | €85.9m | €90.9m | ▲ 5.8% |
| Land and buildings22 | - | - | - | €61.9m | €60.9m | €79.3m | €87.7m | ▲ 10.6% |
| Plant, machinery and equipment23 | - | - | - | €1.6m | €1.4m | €1.3m | €1.5m | ▲ 17.1% |
| Furniture and vehicles24 | - | - | - | €0.3m | €0.2m | €0.3m | €0.3m | ▼ 4.1% |
| Leasing and similar rights25 | - | - | - | €1.9m | €1.7m | €1.5m | €1.4m | ▼ 5.3% |
| Assets under construction and advance payments27 | - | - | - | €1.0m | €2.2m | €3.6m | €0.05m | ▼ 98.7% |
| Financial fixed assets28 | €32.7m | €40.5m | €43.4m | €74.7m | €78.7m | €299.5m | €312.9m | ▲ 4.5% |
| Affiliated companies280/1 | - | - | - | €42.2m | €45.2m | €214.1m | €212.4m | ▼ 0.8% |
| Participating interests280 | - | - | - | €42.2m | €45.2m | €214.1m | €212.4m | ▼ 0.8% |
| Companies linked by participating interests282/3 | - | - | - | €15.9m | €15.9m | €47.4m | €52.4m | ▲ 10.6% |
| Participating interests282 | - | - | - | €10.9m | €10.9m | €42.4m | €47.4m | ▲ 11.8% |
| Amounts receivable283 | - | - | - | €5.0m | €5.0m | €5.0m | €5.0m | = |
| Other financial fixed assets284/8 | - | - | - | €16.6m | €17.6m | €38.0m | €48.1m | ▲ 26.6% |
| Shares284 | - | - | - | €15.1m | €16.1m | €36.5m | €45.8m | ▲ 25.5% |
| Amounts receivable and cash guarantees285/8 | - | - | - | €1.5m | €1.5m | €1.5m | €2.3m | ▲ 50.9% |
| Current assets29/58 | €27.0m | €28.6m | €29.2m | €27.8m | €46.7m | €114.7m | €187.8m | ▲ 63.7% |
| Amounts receivable after more than one year29 | - | - | - | - | €0.9m | - | €0.4m | - |
| Other amounts receivable291 | - | - | - | - | €0.9m | - | €0.4m | - |
| Stocks and contracts in progress3 | €15.5m | €15.8m | €18.5m | €19.1m | €22.9m | €27.5m | €22.5m | ▼ 18.4% |
| Stocks30/36 | - | - | - | €19.1m | €22.9m | €27.5m | €22.5m | ▼ 18.4% |
| Goods purchased for resale34 | - | - | - | €19.1m | €22.9m | €27.5m | €22.5m | ▼ 18.4% |
| Amounts receivable within one year40/41 | €8.1m | €9.0m | €8.2m | €6.5m | €8.3m | €76.2m | €125.4m | ▲ 64.6% |
| Trade receivables40 | - | - | - | €2.4m | €3.6m | €66.1m | €67.6m | ▲ 2.4% |
| Other amounts receivable41 | - | - | - | €4.1m | €4.7m | €10.1m | €57.8m | ▲ 471% |
| Current investments50/53 | - | - | - | - | €8.4m | €8.4m | €36.0m | ▲ 330% |
| Own shares50 | - | - | - | - | €8.4m | €8.4m | €8.4m | = |
| Other investments51/53 | - | - | - | - | - | - | €27.6m | - |
| Cash at bank and in hand54/58 | €3.1m | €3.7m | €2.1m | €1.8m | €5.4m | €2.2m | €2.3m | ▲ 6.7% |
| Deferred charges and accrued income490/1 | - | - | - | €0.5m | €0.7m | €0.4m | €1.3m | ▲ 179% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €111.8m | €137.1m | €146.4m | €169.2m | €191.8m | €500.2m | €591.7m | ▲ 18.3% |
| Equity10/15 | €13.3m | €16.3m | €17.6m | €15.4m | €18.0m | €223.2m | €229.2m | ▲ 2.7% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €13.2m | €16.2m | €17.5m | €15.3m | €17.9m | €223.2m | €229.1m | ▲ 2.7% |
| Non-distributable reserves130/1 | - | - | - | €0.7m | €9.1m | €9.1m | €9.1m | = |
| Legal reserve130 | - | - | - | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Own shares acquired1312 | - | - | - | - | €8.4m | €8.4m | €8.4m | = |
| Tax-exempt reserves132 | - | - | - | €0.9m | €1.0m | €1.0m | - | - |
| Distributable reserves133 | - | - | - | €13.7m | €7.8m | €213.1m | €220.0m | ▲ 3.3% |
| Amounts payable17/49 | €98.5m | €120.8m | €128.8m | €153.8m | €173.9m | €277.0m | €362.5m | ▲ 30.9% |
| Amounts payable after more than one year17 | €11.5m | €32.4m | €26.0m | €53.0m | €35.9m | €115.3m | €89.3m | ▼ 22.6% |
| Financial debts170/4 | - | - | - | €38.4m | €35.1m | €114.7m | €88.9m | ▼ 22.5% |
| Subordinated loans170 | - | - | - | €3.9m | €3.9m | €3.9m | €3.9m | = |
| Leasing and similar obligations172 | - | - | - | €1.3m | €0.8m | €0.4m | €0.2m | ▼ 45.6% |
| Credit institutions173 | - | - | - | €33.2m | €26.2m | €108.3m | €84.8m | ▼ 21.7% |
| Other loans174 | - | - | - | - | €4.2m | €2.1m | - | - |
| Other amounts payable178/9 | - | - | - | €14.6m | €0.8m | €0.6m | €0.4m | ▼ 33.3% |
| Amounts payable within one year42/48 | €86.5m | €87.9m | €102.3m | €100.4m | €137.3m | €160.7m | €272.4m | ▲ 69.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €9.2m | €23.2m | €26.0m | €25.9m | ▼ 0.1% |
| Trade debts44 | €79.7m | €77.5m | €91.3m | €87.3m | €109.6m | €118.8m | €241.9m | ▲ 104% |
| Suppliers440/4 | - | - | - | €87.3m | €109.6m | €118.8m | €241.9m | ▲ 104% |
| Taxes, remuneration and social security45 | - | - | - | €0.4m | €0.9m | €2.1m | €1.6m | ▼ 27.4% |
| Taxes450/3 | - | - | - | €0.09m | €0.6m | €1.7m | €1.1m | ▼ 34.7% |
| Remuneration and social security454/9 | - | - | - | €0.3m | €0.3m | €0.4m | €0.4m | ▲ 3.7% |
| Other amounts payable47/48 | - | - | - | €3.6m | €3.6m | €13.8m | €3.0m | ▼ 78.1% |
| Accrued charges and deferred income492/3 | - | - | - | €0.4m | €0.7m | €0.9m | €0.8m | ▼ 12.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.4m | €3.0m | €1.3m | -€2.2m | €2.6m | €205.3m | €5.9m | ▼ 97.1% |
| + Depreciation and write-downs630 | €2.5m | €2.5m | €2.9m | €2.9m | €2.9m | €3.3m | €4.1m | ▲ 22.4% |
| Operating cash flow (approximation) | €2.9m | €5.5m | €4.2m | €0.7m | €5.5m | €208.6m | €10.0m | ▼ 95.2% |
| Investment in fixed assets (approximation) | - | -€26.3m | -€11.5m | -€27.0m | -€6.6m | -€243.7m | -€22.4m | ▲ 90.8% |
| Change in cash | - | €0.6m | -€1.5m | -€0.4m | €3.7m | -€3.2m | €0.1m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 43 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | full format | 01-07-2025 | 2025-00218719 | |
| 31-12-2023 | full format | 27-08-2024 | 2024-00386630 | |
| 31-12-2022 | full format | 25-08-2023 | 2023-00362937 | |
| 31-12-2021 | full format | 25-08-2022 | 2022-20326742 | |
| 31-12-2020 | full format | 25-08-2021 | 2021-53100324 | |
| 31-12-2019 | full format | 25-08-2020 | 2020-44600548 | |
| 31-12-2018 | full format | 27-08-2019 | 2019-53800226 | |
| 31-12-2018 | consolidated | 27-08-2019 | 2019-54000006 | |
| 31-12-2017 | consolidated | 26-07-2018 | 2018-38700186 | |
| 31-12-2017 | full format | 25-07-2018 | 2018-38600044 |