CLASS
ActiveSummary
CLASS has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.7m and a net result of €520. Equity is growing by about 32% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €4.7m
- Profit
- €520
Why 95raises riskNo main activity registeredlowers riskSize: total assets €5.6mFigures for financial year 2025 (filed 28-08-2026)Liquidity: current ratio 8.98, cash €1.6m, halvedShow the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, small): better than 82% on solvency, 95% on liquidity, 15% on profitability and 34% on growth.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 4 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet €520 ▼100%
- Liquidity more than doubledcurrent ratio 8.98
Financials · financial year 2025, micro format
2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00444808.
Source amounts without an identifiable currency are assumed to be EUR.
2022 to 2025, 5 financial years 2019 to 2025, 8 financial years
Multiple financial year ends fall in the same calendar year; an annual trend is not displayed.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
- 2025 Net result -100% on 2024. The previous financial year ran 6 months, this one 12.
Peer companies
Historical observationOf the 6,049 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 96.0% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,049 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €4.8m | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.02m | €0.001m | €0.02m | €0.01m | €0.005m | €0.02m | €0.009m | ▼ 50.1% |
| Other operating charges640/8 | - | - | - | €0.002m | €0.003m | €0.002m | €0.002m | €0.002m | ▲ 49.6% |
| Non-recurring operating charges66A | - | - | - | - | €0.001m | €0.04m | - | €0.02m | - |
| Gross operating margin9900 | €0.06m | €0.2m | €0.1m | €0.06m | €0.07m | €0.08m | €4.8m | €0.04m | ▼ 99.2% |
| Operating profit (loss)9901 | €0.04m | €0.07m | €0.1m | €0.04m | €0.05m | €0.03m | €4.8m | €0.005m | ▼ 99.9% |
| Financial income75/76B | - | - | - | €0.1m | €0.08m | €0.1m | €0.01m | €0.03m | ▲ 198% |
| Recurring financial income75 | €1 | €0 | €0 | €0.1m | €0.08m | €0.1m | €0.01m | €0.03m | ▲ 198% |
| Financial charges65/66B | - | - | - | €0.01m | €0.02m | €0.02m | €0.02m | €0.03m | ▲ 11.3% |
| Recurring financial charges65 | €0.001m | €0.002m | €0.003m | €0.01m | €0.02m | €0.02m | €0.02m | €0.03m | ▲ 11.3% |
| Profit (loss) for the period before taxes9903 | €0.04m | €0.07m | €0.09m | €0.1m | €0.1m | €0.1m | €4.8m | €0.01m | ▼ 99.8% |
| Income taxes67/77 | €0.01m | €0.02m | €0.03m | €0.02m | €0.03m | €0.01m | €0.4m | €0.009m | ▼ 97.8% |
| Profit (loss) for the period9904 | €0.03m | €0.05m | €0.07m | €0.1m | €0.08m | €0.09m | €4.4m | €0.001m | ▼ 100.0% |
| Profit (loss) for the period to be appropriated9905 | €0.03m | €0.05m | €0.07m | €0.1m | €0.08m | €0.09m | €4.4m | €0.001m | ▼ 100.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.2m | €1.1m | €1.1m | €1.1m | €1.1m | €1.2m | €5.9m | €5.6m | ▼ 5.0% |
| Fixed assets21/28 | €0.06m | €0.9m | €1.0m | €1.0m | €1.0m | €1.0m | €1.3m | €1.4m | ▲ 9.5% |
| Tangible fixed assets22/27 | €0.06m | €0.04m | €0.08m | €0.06m | €0.1m | €0.1m | €0.2m | €0.09m | ▼ 56.9% |
| Furniture and vehicles24 | - | - | - | €0.06m | €0.1m | €0.1m | €0.2m | €0.09m | ▼ 56.9% |
| Financial fixed assets28 | - | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | €1.1m | €1.4m | ▲ 22.4% |
| Current assets29/58 | €0.09m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €4.6m | €4.2m | ▼ 9.1% |
| Amounts receivable after more than one year29 | - | - | - | - | - | - | - | €0.2m | - |
| Other amounts receivable291 | - | - | - | - | - | - | - | €0.2m | - |
| Amounts receivable within one year40/41 | - | - | €0.01m | €0.02m | €0.02m | €0.02m | - | €0.02m | - |
| Trade receivables40 | - | - | - | €0.01m | €0.01m | €0.01m | - | €0.02m | - |
| Other amounts receivable41 | - | - | - | €0.004m | €0.005m | €0.01m | - | - | - |
| Current investments50/53 | - | - | - | - | - | - | - | €2.4m | - |
| Cash at bank and in hand54/58 | €0.09m | €0.1m | €0.09m | €0.1m | €0.1m | €0.1m | €4.6m | €1.6m | ▼ 64.8% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.004m | €0.003m | €275 | €0.004m | ▲ 16× |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.2m | €1.1m | €1.1m | €1.1m | €1.1m | €1.2m | €5.9m | €5.6m | ▼ 5.0% |
| Equity10/15 | €0.05m | €0.1m | €0.2m | €0.3m | €0.4m | €0.5m | €4.8m | €4.7m | ▼ 1.1% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.002m | €0.05m | €0.1m | €0.2m | €0.3m | €0.4m | €4.8m | €4.7m | ▼ 1.1% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.2m | €0.3m | €0.4m | €4.8m | €4.7m | ▼ 1.1% |
| Profit (loss) carried forward14 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | - | €0.001m | - |
| Amounts payable17/49 | €0.1m | €1.0m | €0.9m | €0.8m | €0.7m | €0.7m | €1.1m | €0.9m | ▼ 21.5% |
| Amounts payable after more than one year17 | €0.05m | €0.7m | €0.7m | €0.6m | €0.5m | €0.5m | €0.07m | €0.4m | ▲ 513% |
| Financial debts170/4 | - | - | - | €0.6m | €0.5m | €0.5m | €0.07m | €0.4m | ▲ 513% |
| Amounts payable within one year42/48 | €0.06m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €1.1m | €0.5m | ▼ 56.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.1m | €0.1m | €0.5m | - | - |
| Trade debts44 | €0.01m | €0.006m | €0.002m | €0.001m | €0.008m | €0.001m | €0.08m | €0.005m | ▼ 93.7% |
| Suppliers440/4 | - | - | - | €0.001m | €0.008m | €0.001m | €0.08m | €0.005m | ▼ 93.7% |
| Taxes, remuneration and social security45 | - | - | - | €0.001m | €0.002m | €0.002m | €0.4m | €0.4m | ▼ 5.5% |
| Taxes450/3 | - | - | - | €0.001m | €0.002m | €0.002m | €0.4m | €0.4m | ▼ 5.5% |
| Other amounts payable47/48 | - | - | - | €0.1m | €0.09m | €0.1m | €0.1m | €0.05m | ▼ 43.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.03m | €0.05m | €0.07m | €0.1m | €0.08m | €0.09m | €4.4m | €0.001m | ▼ 100.0% |
| + Depreciation and write-downs630 | €0.02m | €0.02m | €0.001m | €0.02m | €0.01m | €0.005m | €0.02m | €0.009m | ▼ 50.1% |
| Operating cash flow (approximation) | €0.05m | €0.07m | €0.07m | €0.1m | €0.1m | €0.1m | €4.4m | €0.01m | ▼ 99.8% |
| Investment in fixed assets (approximation) | - | -€0.9m | -€0.03m | -€0.005m | -€0.06m | -€0.05m | - | -€0.1m | - |
| Change in cash | - | €0.06m | -€0.06m | €0.02m | -€0.008m | €0.02m | - | -€3.0m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 28-08-2026 | 2026-00444808 |
| 31-12-2024 | micro format | 22-07-2025 | 2025-00295567 |
| 30-06-2024 | micro format | 03-01-2025 | 2025-00630915 |
| 30-06-2023 | micro format | 30-01-2024 | 2024-00013368 |
| 30-06-2022 | micro format | 26-01-2023 | 2023-00005042 |
| 30-06-2021 | micro format | 24-01-2022 | 2022-01500204 |
| 30-06-2020 | micro format | 28-01-2021 | 2021-03400065 |
| 30-06-2019 | micro format | 02-01-2020 | 2020-00100191 |
| 30-06-2018 | micro format | 21-01-2019 | 2019-01900026 |
| 30-06-2017 | micro format | 31-01-2018 | 2018-03800169 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| CLAUS Mathieu |
|
Owners and capital
Capital and shareholders
- 20-07-2023 Converted to unavailable equity
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
33.33%
According to the annual accounts to 30-06-2024 of CLASS and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
30-12
Gazette deed
Algemene Vergadering - BoekjaarPower of attorney3 facts ▸
- General meeting, “buitengewone algemene vergadering van de enige aandeelhouder” (deed in Dutch)
- Power of attorney
- Power of attorney, Niels Debakker
20-07
Gazette deed
Reappointment: CLAUS Mathieu (director)Registered office clause · Power of attorney · Amendment of the articles10 facts ▸
- Other provision, “coördinatie opmaken en ondertekenen overeenkomstig vorige besluiten en neerlegging in vennootschapsdossier verzorgen, coördinatie statuten” (deed in Dutch)
- Other provision, 01-01-2020, “nieuwe terminologie WVV” (deed in Dutch)
- Director reappointment, CLAUS Mathieu (director)
- Registered office clause, “9700 Oudenaarde, Dijkstraat 47” (deed in Dutch)
- Power of attorney
- General meeting, 11-07-2023
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “statutair onbeschikbare eigen vermogensrekening opheffen en middelen beschikbaar maken voor uitkering, niet vermelden in statuten” (deed in Dutch)
- Other provision, “voorlezing en toelichting door notaris, geen uitkering indien netto-actief negatief is of zou worden of gedaald of zou dalen tot beneden onbeschikbaar eigen ver…” (deed in Dutch)
Show earlier events
27-06
Gazette deed
Registered officeRegistered-office move2 facts ▸
- General meeting, 24-05-2022
- Registered-office move, Dijkstraat 47 te 9700 Oudenaarde
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 45035A0121/00H003 | Flanders | 374 m² | 1 · 285 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het aanbrengen van aanvragen, het negotiëren en het bemiddelen bij het afsluiten van verzekeringen, het verlenen van adviezen omtrent alle…” (deed in Dutch)
10 activities (deed in Dutch)
- Het aanbrengen van aanvragen, het negotiëren en het bemiddelen bij het afsluiten van verzekeringen, het verlenen van adviezen omtrent alle takken van het verzekeringswezen, het verzekeren en laten verzekeren van alle risico's en te dien einde tussenkomen bij verzekeringsmaatschappijen, en herverzekeringsmaatschappijen zowel in binnen- als in het buitenland, het beheer van verzekeringsportefeuilles, zowel voor eigen rekening als voor rekening van derden, de bemiddeling voor het plaatsen of verkrijgen van leningen via of gedekt door verzekeringsmaatschappijen, het optreden als schaderegelaar voor het om het even welke derde en dit na om het even welk schadegeval aan derden overkomen, kortom het verrichten van alle handelingen die normaal tot het domein van verzekeringen behoren.
- Tegelijkertijd zal zij, in strikte naleving van de Belgische en internationale wetgevingen en reglementeringen, alle vormen van consultancy kunnen leveren op het vlak van diensten.
- Zowel voor eigen rekening als voor rekening van derden, alle mogelijke soorten industriële, commerciële, financiële, roerende en onroerende verrichtingen die rechtstreeks of onrechtstreeks verband houden met het onderwerp, de studie, de coördinatie, de expertise, de onteigening, de verbouwing, de decoratie, de inrichting, de uitbating, de verhuring, het beheer, de zaakvoering en de verkaveling van alle onroerende goederen, alsook de promotie, in België en in het buitenland en in elke mogelijke vorm, inzake immobiliën.
- Zowel in België als in het buitenland mag zij deelnemen bij wijze van inbreng, fusie, overdracht, participatie, inschrijving of op elke andere manier in alle bestaande of op te richten vennootschappen en in alle industriële, financiële of commerciële ondernemingen en verrichtingen die geheel of gedeeltelijk, op een zelfde of vergelijkbaar voorwerp als het hare afgestemd zijn of die er de ontwikkeling van kunnen bevorderen,
- Zij mag alle daden stellen, alle transacties en ondernemingen uitvoeren, alle roerende en onroerende, civiele of industriële, financiële of commerciële verrichtingen doen die, rechtstreeks of onrechtstreeks, geheel of gedeeltelijk in verband staan met haar voorwerp of met een onderdeel ervan of die kunnen bijdragen tot het vergemakkelijken, het begunstigen of het ontwikkelen van haar nijverheid of handel.
- De vennootschap kan eveneens optreden als bestuurder, volmachtdrager, mandataris of vereffenaar in andere vennootschap of onderneming.
- De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen, onder meer door haar goederen in hypotheek of in pand te geven, inclusief de eigen handelszaak
- Voor eigen rekening, voor rekening van derden of in deelneming met derden, prestaties te verrichten die rechtstreeks of onrechtstreeks betrekking hebben op: Aan- en verkoop, in- en uitvoer, commissiehandel en vertegenwoordiging van om het even welke goederen, in 't kort "tussenpersoon in de handel".
- De vennootschap mag hiertoe alle handelsverrichtingen, ambachtelijke, industriële, financiële, roerende of onroerende handelingen stellen die rechtstreeks of onrechtstreeks met dit voorwerp verband houden of de verwezenlijking ervan kunnen vergemakkelijken.
- De vennootschap mag daarenboven belangen nemen, hetzij door deelneming, inbreng of op elke andere wijze in alle vennootschappen, ondernemingen, syndicaten of groeperingen, bestaande op te richten, zo in België als in het buitenland, die een gelijkluidend, aanvullend of soortgelijk voorwerp nastreven, of die van aard zijn de ontwikkelingen van haar onderneming te bevorderen, of de afzet van haar producten te vergemakkelijken, en voor zover de wet dit niet verbiedt.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CLASS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Niet-statutaire bestuurders herroepbaar ad nutum zonder vergoeding,beëindiging steeds wegens wettige reden zonder opzeggingstermijn of…” (deed in Dutch)“Met of zonder beperking van duur, Bestuursorgaan” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 19:00