CLASSO
ActiveCLASSO has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.44M and a net result of €173k. Equity is growing by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 93% of 4107 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
90
/ 100
Excellent▼ -3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▲+2
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 6.9 against 6.87 in 2024), and 14% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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
86%
Return on assets
10.3%
Age of the figures
8 mo
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
38 d early
2023
36 d early
2022
27 d early
2021
32 d early
2020
33 d early
2019
35 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€173k▼ 2.8%
2024 · €178k
2018: €158k
2019: €83k
2020: €328k
2021: €327k
2022: €292k
2023: €250k
2024: €178k
2018 → 2025
Working capital
€1.38M▼ 3.0%
2024 · €1.42M
2018: €826k
2019: €913k
2020: €1.19M
2021: €1.50M
2022: €1.23M
2023: €1.21M
2024: €1.42M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.55M-€1.34M▼ 13.4%€1.34M=€1.52M▲ 13.2%€1.44M▼ 5.1%
Operating result€402k-€369k▼ 8.3%€316k▼ 14.4%€214k▼ 32.2%€204k▼ 4.5%
Net result€327k-€292k▼ 10.8%€250k▼ 14.6%€178k▼ 28.8%€173k▼ 2.8%
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 5% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.68M
Fixed assets
€63k▼ 36.2%
Current assets
€1.61M▼ 3.0%
Equity and liabilities €1.68M
Equity
€1.44M▼ 5.1%
Debt
€234k▼ 3.6%
The debt ratio rises from 13.8% to 14.0%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€240k▼
2024 · €252k
Cash flow
€208k▼
2024 · €215k
Solvency
86.0%▼
2024 · 86.2%
Current ratio
6.90▲
2024 · 6.87
Quick ratio
4.99▲
2024 · 4.35
Debt / equity
0.16▲
2024 · 0.16
ROE
12.0%▲
2024 · 11.7%
ROA
10.3%▲
2024 · 10.1%
Interest coverage
349.72▲
2024 · 145.37
Debt
€234k▼
2024 · €243k
Debt ≤ 1 year
€234k▼
2024 · €242k
Income taxes
€62k▼
2024 · €65k
Staff costs
€177k▼
2024 · €197k
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€1.76M€1.68M▼
Fixed assets21/28€98k€63k▼
Tangible fixed assets22/27€98k€62k▼
Land and buildings22€0-
Plant, machinery and equipment23€24k€17k▼
Furniture and vehicles24€74k€45k▼
Financial fixed assets28€149€149=
Current assets29/58€1.66M€1.61M▼
Stocks and contracts in progress3€609k€446k▼
Stocks30/36€609k€446k▼
Amounts receivable within one year40/41€103k€107k▲
Trade receivables40€79k€75k▼
Other amounts receivable41€24k€32k▲
Current investments50/53€712k€671k▼
Cash at bank and in hand54/58€220k€378k▲
Deferred charges and accrued income490/1€19k€11k▼
Equity and liabilities
Total equity and liabilities10/49€1.76M€1.68M▼
Equity10/15€1.52M€1.44M▼
Contributions10/11€81k€81k=
Capital10€81k€81k=
Issued capital100€81k€81k=
Reserves13€1.44M€1.36M▼
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Distributable reserves133€1.43M€1.35M▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€243k€234k▼
Amounts payable within one year42/48€242k€234k▼
Trade debts44€31k€14k▼
Suppliers440/4€31k€14k▼
Advances received on contracts in progress46€134k€163k▲
Taxes, remuneration and social security45€78k€57k▼
Taxes450/3€39k€40k▲
Remuneration and social security454/9€38k€17k▼
Accrued charges and deferred income492/3€311€0▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€197k€177k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€36k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€7k€-10k▼
Other operating charges640/8€5k€6k▲
Gross operating margin9900€461k€413k▼
Operating profit (loss)9901€214k€204k▼
Financial income75/76B€30k€31k▲
Recurring financial income75€30k€31k▲
Financial charges65/66B€2k€686▼
Recurring financial charges65€2k€686▼
Profit (loss) for the period before taxes9903€242k€235k▼
Income taxes67/77€65k€62k▼
Profit (loss) for the period9904€178k€173k▼
Profit (loss) for the period to be appropriated9905€178k€173k▼
Appropriation of the result
Profit (loss) to be appropriated9906€178k€173k▼
Transfer from equity791/2€0€250k▲
Transfer to equity691/2€178k€173k▼
To other reserves6921€178k€173k▼
Profit to be distributed694/7€0€250k▲
Return on contributions (dividend)694€0€250k▲
Social balance
Average headcount (FTE)90873.02.6▼
The notes to these accounts (12 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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €328k ▲293%
Operating result €413k, net result €328k, both a record.
31-12
Financial
Equity above €1MEq €1.22M ▲36.7%
3 profitable years in a row build equity to €1.22M.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €83k ▼47.2%
Net result drops to €83k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 23 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2023
This board is reconstructed from a single act (23354247). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Colette Bruggeman
CurrentDirector · since 24-05-2023
Koenraad Janssens
CurrentDirector · since 24-05-2023
Omer Vermeulen
CurrentDirector · since 24-05-2023
Sofie Bruggeman
CurrentDirector · since 24-05-2023
24-05-2023
Colette Bruggeman: Appointed as Director
24-05-2023
Colette Bruggeman: Appointed as Managing director
24-05-2023
Koenraad Janssens: Appointed as Director
24-05-2023
Omer Vermeulen: Appointed as Director
24-05-2023
Sofie Bruggeman: Appointed as Director
24-05-2023
Sofie Bruggeman: Appointed as Managing director
Location & real-estate footprint
Registered office, Lochristi · 1 establishment unit since 1990
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.
Antwerpse Steenweg 979080 LochristiGround area
547 m²
Building footprint
372 m²
Volume, LiDAR
2,639 m³
Parcel 44034C0959/00H002, Flanders · tallest building 13.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CLASSO
since 19902.049.676.019
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44034C0959/00H002 | Flanders | 547 m² | 1 · 372 m² | 13.5 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.
Similar companies · same sector, comparable size
Vorwerk BENELUX
BE 1005.465.871
Antwerpen · Eq €1.44M
Dumoulin
BE 0413.829.219
Torhout · Eq €1.45M
Elektro - Kookgalerij Coorevits
BE 0436.243.642
Waregem · Eq €1.47M
DIAZ
BE 0400.141.925
Oostende · Eq €1.40M
ELECTRO VLEUGELS
BE 0460.253.914
Scherpenheuvel-Zichem · Eq €1.49M
Of 1,503 companies in sector 47540 we hold annual accounts for 801. 453 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-08-1990
Fiscal year end31-12
Activities, NACEBEL
47540Retail sale of electrical household appliances
52441
52450
47551Retail sale of household furniture
47552Retail sale of lighting equipment
47591Retail trade
47592Retail trade
52442
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.