CLARYS
ActiveCLARYS has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14.21M and a net result of €11.62M. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 58% of 4844 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+18
Solvency77▲+9
Growth85▲+23
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.15M at 30 days acceptable
Liquidity ample (current ratio 1.78 against 0.96 in 2024; short-term debt: 27.2% and cash: 11.3% of total assets), and 47.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
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
52.4%
Return on assets
42.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
7 d late
2023
20 d early
2022
19 d early
2021
18 d early
2020
22 d early
2019
44 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€31.26M▲ 458%
2024 · €5.60M
2018: €2.49M
2019: €2.76M
2020: €3.04M
2021: €2.96M
2022: €4.63M
2023: €4.85M
2024: €5.60M
2018 → 2025
EBIT margin
20.3%▼ 5.7pp
2024 · 26.0%
2018: 27.7%
2019: 20.3%
2020: 18.3%
2021: 8.9%
2022: 23.3%
2023: 16.5%
2024: 26.0%
2018 → 2025
Net result
€11.62M▲ 1,697%
2024 · €647k
2018: €1.21M
2019: €345k
2020: €878k
2021: €657k
2022: €1.37M
2023: €808k
2024: €647k
2018 → 2025
Working capital
€5.78M
2024 · €-145k
2018: €1.27M
2019: €-800k
2020: €-330k
2021: €-891k
2022: €531k
2023: €38k
2024: €-145k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€2.96M-€4.63M▲ 56.4%€4.85M▲ 4.8%€5.60M▲ 15.5%€31.26M▲ 458%
Equity€5.27M-€6.44M▲ 22.1%€7.25M▲ 12.6%€7.09M▼ 2.1%€14.21M▲ 100%
Operating result€262k-€1.08M▲ 311%€800k▼ 25.7%€1.46M▲ 82.2%€6.34M▲ 335%
Net result€657k-€1.37M▲ 108%€808k▼ 40.9%€647k▼ 20.0%€11.62M▲ 1,697%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 335% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27.15M
Fixed assets
€13.98M▲ 9.4%
Current assets
€13.17M▲ 246%
Equity and liabilities €27.15M
Equity
€14.21M▲ 100%
Debt
€12.93M▲ 36.3%
The debt ratio falls from 57.2% to 47.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€7.86M▲
2024 · €2.84M
Cash flow
€13.14M▲
2024 · €2.03M
Solvency
52.4%▲
2024 · 42.8%
Current ratio
1.78▲
2024 · 0.96
Quick ratio
1.13▲
2024 · 0.96
Debt / equity
0.91▼
2024 · 1.34
ROE
81.8%▲
2024 · 9.1%
ROA
42.8%▲
2024 · 3.9%
Interest coverage
41.55▲
2024 · 20.11
Debt
€12.93M▲
2024 · €9.49M
Debt ≤ 1 year
€7.39M▲
2024 · €3.96M
Debt > 1 year
€5.44M▼
2024 · €5.46M
Income taxes
€1.56M▲
2024 · €334k
Staff costs
€3.65M▲
2024 · €1.08M
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€16.58M€27.15M▲
Fixed assets21/28€12.77M€13.98M▲
Intangible fixed assets21€173k€557k▲
Tangible fixed assets22/27€11.78M€13.00M▲
Land and buildings22€8.01M€8.07M▲
Plant, machinery and equipment23€1.08M€2.19M▲
Furniture and vehicles24€138k€512k▲
Leasing and similar rights25€1.00M€2.16M▲
Assets under construction and advance payments27€1.56M€72k▼
Financial fixed assets28€822k€425k▼
Affiliated companies280/1€819k€422k▼
Participating interests280€368k€0▼
Amounts receivable281€450k€422k▼
Other financial fixed assets284/8€3k€3k=
Amounts receivable and cash guarantees285/8€3k€3k=
Current assets29/58€3.81M€13.17M▲
Stocks and contracts in progress3€0€4.82M▲
Stocks30/36-€4.82M
Raw materials and consumables30/31-€3.66M
Work in progress32-€230k
Finished goods33-€930k
Amounts receivable within one year40/41€2.77M€4.12M▲
Trade receivables40€1.18M€3.95M▲
Other amounts receivable41€1.58M€173k▼
Current investments50/53-€1.00M
Other investments51/53-€1.00M
Cash at bank and in hand54/58€957k€3.07M▲
Deferred charges and accrued income490/1€86k€154k▲
Equity and liabilities
Total equity and liabilities10/49€16.58M€27.15M▲
Equity10/15€7.09M€14.21M▲
Contributions10/11€1.58M€1.58M=
Capital10€1.58M€1.58M=
Issued capital100€1.58M€1.58M=
Revaluation surpluses12€1.25M€1.25M=
Reserves13€158k€2.16M▲
Non-distributable reserves130/1€158k€158k=
Legal reserve130€158k€158k=
Tax-exempt reserves132-€2.00M
Profit (loss) carried forward14€4.10M€9.22M▲
Amounts payable17/49€9.49M€12.93M▲
Amounts payable after more than one year17€5.46M€5.44M▼
Financial debts170/4€5.46M€5.44M▼
Leasing and similar obligations172€628k€1.55M▲
Credit institutions173€4.83M€3.89M▼
Amounts payable within one year42/48€3.96M€7.39M▲
Current portion of amounts payable after more than one year42€1.00M€1.32M▲
Financial debts43€24k€0▼
Credit institutions430/8€24k€0▼
Trade debts44€747k€2.17M▲
Suppliers440/4€747k€2.17M▲
Taxes, remuneration and social security45€392k€903k▲
Taxes450/3€198k€277k▲
Remuneration and social security454/9€193k€626k▲
Other amounts payable47/48€1.79M€3.00M▲
Accrued charges and deferred income492/3€80k€102k▲
Income statement
Code20242025
Operating income70/76A€5.73M€32.57M▲
Turnover70€5.60M€31.26M▲
Change in stocks of work in progress, finished goods and contracts in progress71-€1.16M
Other operating income74€103k€146k▲
Non-recurring operating income76A€23k€0▼
Operating charges60/66A€4.27M€26.23M▲
Goods for resale, raw materials and consumables60€24k€16.40M▲
Purchases600/8€24k€15.94M▲
Change in stocks: decrease (increase)609-€461k
Services and other goods61€1.73M€4.56M▲
Remuneration, social security and pensions62€1.08M€3.65M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.39M€1.52M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-179k
Other operating charges640/8€51k€279k▲
Non-recurring operating charges66A€0-
Operating profit (loss)9901€1.46M€6.34M▲
Financial income75/76B€754k€7.94M▲
Recurring financial income75€729k€86k▼
Income from financial fixed assets750€708k€0▼
Income from current assets751€20k€70k▲
Other financial income752/9€912€16k▲
Non-recurring financial income76B€25k€7.85M▲
Financial charges65/66B€1.23M€1.09M▼
Recurring financial charges65€366k€229k▼
Debt charges650€141k€189k▲
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€220k€-220k▼
Other financial charges652/9€5k€260k▲
Non-recurring financial charges66B€865k€865k=
Profit (loss) for the period before taxes9903€980k€13.18M▲
Income taxes67/77€334k€1.56M▲
Taxes670/3€334k€1.57M▲
Tax adjustments and reversals of tax provisions77€117€1k▲
Profit (loss) for the period9904€647k€11.62M▲
Transfer to tax-exempt reserves689-€2.00M
Profit (loss) for the period to be appropriated9905€647k€9.62M▲
Appropriation of the result
Profit (loss) to be appropriated9906€4.90M€13.72M▲
Profit (loss) brought forward from the previous period14P€4.25M€4.10M▼
Profit to be distributed694/7€800k€4.50M▲
Return on contributions (dividend)694€800k€4.50M▲
Social balance
Average headcount (FTE)908712.446.8▲
The notes to these accounts (130 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €11.62M ▲1697%
Operating result €6.34M, net result €11.62M, both a record.
31-12
Financial
Equity above €10MEq €14.21M ▲100%
8 profitable years in a row build equity to €14.21M.
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 7 days late
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity doublescurrent ratio 1.24
Current ratio from 0.53 to 1.24.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €345k ▼71.4%
Net result drops to €345k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €5MEq €5.06M ▲7.3%
2 profitable years in a row build equity to €5.06M.
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Oostkamp · 1 establishment unit since 1979
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.
Nijverheidsstraat 328020 OostkampGround area
1.6 ha
Building footprint
1,870 m²
Volume, LiDAR
11,884 m³
Parcel 31403E0102/00L002, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Nijverheidsstraat 32, 8020 Oostkamp
since 19792.016.798.066
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31403E0102/00L002 | Flanders | 1.6 ha | 1 · 1,870 m² | 8.7 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
2022 to 2025 · 8 entries · 17,221 EUR awarded · 16,007 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 183 EUR | 112 EUR |
| 2024 | 1 | 2,919 EUR | 3,183 EUR |
| 2023 | 3 | 3,397 EUR | 10,662 EUR |
| 2022 | 3 | 10,722 EUR | 2,050 EUR |
Schemes
Call groene stroom (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Food safety, FASFC
1 siteOostkamp2.016.798.066
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briz coffee
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EUROPEAN SPICE SERVICES
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COFFEETEAM
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Of 406 companies in sector 46370 we hold annual accounts for 210. 29 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-06-1978
Fiscal year end31-12
Activities, NACEBEL
10840Manufacture of food products
46370Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 47 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.