CLAU
ActiveSummary
The annual accounts of CLAU for fiscal year 2025 show a net loss of 54% of the equity at the start of that year. The 2025 annual accounts show equity of €15k and a net result of €-18k. Equity is shrinking by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 25% of 31791 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-81
Solvency48▼-7
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.98 against 1.86 in 2024; short-term debt: 38.1% and cash: 17.5% of total assets), and 77.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
22.9%
Return on assets
-27%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
31 d late
2024
29 d early
2023
37 d late
2022
10 d late
2021
25 d early
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€15k▼ 54.2%
2024 · €33k
2021: €30k
2022: €28k▼ -5.6% vs 2021
2023: €33k▲ +18.0% vs 2022
2024: €33k▲ +0.3% vs 2023highest in 5 years
2025: €15k▼ -54.2% vs 2024lowest in 5 years
2021 → 2025
Total assets
€66k▼ 39.4%
2024 · €110k
2021: €48klowest in 5 years
2022: €86k▲ +78.2% vs 2021
2023: €79k▼ -7.6% vs 2022
2024: €110k▲ +38.5% vs 2023highest in 5 years
2025: €66k▼ -39.4% vs 2024
2021 → 2025
Net result
€-18k
2024 · €11k
2021: €25khighest in 5 years
2022: €-2k▼ -107% vs 2021
2023: €5k▲ +401% vs 2022
2024: €11k▲ +111% vs 2023
2025: €-18k▼ -268% vs 2024lowest in 5 years
2021 → 2025
Working capital
€-422
2024 · €32k
2021: €24k
2022: €16k▼ -30.5% vs 2021
2023: €24k▲ +45.1% vs 2022
2024: €32k▲ +34.9% vs 2023highest in 5 years
2025: €-422▼ -101% vs 2024lowest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€30k-€28k▼ 5.6%€33k▲ 18.0%€33k▲ 0.3%€15k▼ 54.2%
2021: €30k
2022: €28k▼ -5.6% vs 2021
2023: €33k▲ +18.0% vs 2022
2024: €33k▲ +0.3% vs 2023highest in 5 years
2025: €15k▼ -54.2% vs 2024lowest in 5 years
Operating result€34k-€454▼ 98.7%€10k▲ 2,135%€17k▲ 66.9%€-16k
2021: €34khighest in 5 years
2022: €454▼ -98.7% vs 2021
2023: €10k▲ +2135% vs 2022
2024: €17k▲ +66.9% vs 2023
2025: €-16k▼ -197% vs 2024lowest in 5 years
Net result€25k-€-2k€5k€11k▲ 111%€-18k
2021: €25khighest in 5 years
2022: €-2k▼ -107% vs 2021
2023: €5k▲ +401% vs 2022
2024: €11k▲ +111% vs 2023
2025: €-18k▼ -268% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €16k after €17k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €66k
Fixed assets
€41k ▲ 4.0%
Current assets
€25k ▼ 64.1%
Equity and liabilities €66k
Equity
€15k ▼ 54.2%
Debt
€51k ▼ 33.0%
Debt's share of the balance-sheet total rises from 69.8% to 77.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-7k▼
2024 · €21k
Cash flow
€-9k▼
2024 · €15k
Current ratio
0.98▼
2024 · 1.86
Debt to equity
3.37▲
2024 · 2.31
ROE
-118.2%▼
2024 · 32.2%
ROA
-27.0%▼
2024 · 9.7%
Interest coverage
-4.89▼
2024 · 11.40
Debt ≤ 1 year
€25k▼
2024 · €37k
Debt > 1 year
€26k▼
2024 · €39k
Income taxes
€132▼
2024 · €4k
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 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€110k€66k▼
Formation expenses20€241-
Fixed assets21/28€40k€41k▲
Intangible fixed assets21-€11k
Tangible fixed assets22/27€40k€31k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€38k€29k▼
Current assets29/58€69k€25k▼
Amounts receivable within one year40/41€19k€13k▼
Trade receivables40€18k€9k▼
Other amounts receivable41€1k€4k▲
Cash at bank and in hand54/58€50k€12k▼
Equity and liabilities
Total equity and liabilities10/49€110k€66k▼
Equity10/15€33k€15k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€28k€10k▼
Amounts payable17/49€76k€51k▼
Amounts payable after more than one year17€39k€26k▼
Financial debts170/4€39k€26k▼
Amounts payable within one year42/48€37k€25k▼
Current portion of amounts payable after more than one year42€13k€13k▲
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€10k€1k▼
Taxes450/3€10k€1k▼
Other amounts payable47/48€11k€8k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€9k▲
Other operating charges640/8€264€8k▲
Gross operating margin9900€22k€1k▼
Operating profit (loss)9901€17k€-16k▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€15k€-18k▼
Income taxes67/77€4k€132▼
Profit (loss) for the period9904€11k€-18k▼
Profit (loss) for the period to be appropriated9905€11k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€10k▼
Profit (loss) brought forward from the previous period14P€29k€28k▼
Profit to be distributed694/7€12k-
Return on contributions (dividend)694€12k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €293 | €7k | €11k | €4k | €9k | ▲ 113% |
| Other operating charges640/8 | - | €155 | €171 | €264 | €8k | ▲ 3,009% |
| Gross operating margin9900 | €34k | €8k | €22k | €22k | €1k | ▼ 94.5% |
| Operating profit (loss)9901 | €34k | €454 | €10k | €17k | €-16k | ▼ 197% |
| Financial charges65/66B | €2k | €2k | €2k | €2k | €1k | ▼ 23.4% |
| Recurring financial charges65 | €2k | €2k | €2k | €2k | €1k | ▼ 23.4% |
| Profit (loss) for the period before taxes9903 | €33k | €-1k | €8k | €15k | €-18k | ▼ 218% |
| Income taxes67/77 | €8k | €310 | €3k | €4k | €132 | ▼ 97.0% |
| Profit (loss) for the period9904 | €25k | €-2k | €5k | €11k | €-18k | ▼ 268% |
| Profit (loss) for the period to be appropriated9905 | €25k | €-2k | €5k | €11k | €-18k | ▼ 268% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €48k | €86k | €79k | €110k | €66k | ▼ 39.4% |
| Formation expenses20 | €1k | €776 | €508 | €241 | - | - |
| Fixed assets21/28 | €5k | €47k | €37k | €40k | €41k | ▲ 4.0% |
| Intangible fixed assets21 | - | - | - | - | €11k | - |
| Tangible fixed assets22/27 | €5k | €47k | €37k | €40k | €31k | ▼ 22.6% |
| Plant, machinery and equipment23 | - | - | - | €2k | €2k | ▼ 22.2% |
| Furniture and vehicles24 | €5k | €47k | €37k | €38k | €29k | ▼ 22.6% |
| Current assets29/58 | €42k | €38k | €42k | €69k | €25k | ▼ 64.1% |
| Amounts receivable within one year40/41 | €4k | €15k | €6k | €19k | €13k | ▼ 31.6% |
| Trade receivables40 | €4k | €6k | €6k | €18k | €9k | ▼ 50.7% |
| Other amounts receivable41 | - | €9k | €40 | €1k | €4k | ▲ 210% |
| Cash at bank and in hand54/58 | €37k | €22k | €36k | €50k | €12k | ▼ 76.8% |
| Deferred charges and accrued income490/1 | €793 | €999 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €48k | €86k | €79k | €110k | €66k | ▼ 39.4% |
| Equity10/15 | €30k | €28k | €33k | €33k | €15k | ▼ 54.2% |
| Contributions10/11 | €5k | €5k | €5k | €5k | €5k | = |
| Profit (loss) carried forward14 | €25k | €23k | €28k | €28k | €10k | ▼ 63.8% |
| Amounts payable17/49 | €18k | €58k | €46k | €76k | €51k | ▼ 33.0% |
| Amounts payable after more than one year17 | - | €36k | €28k | €39k | €26k | ▼ 33.8% |
| Financial debts170/4 | - | €36k | €28k | €39k | €26k | ▼ 33.8% |
| Amounts payable within one year42/48 | €18k | €22k | €18k | €37k | €25k | ▼ 32.2% |
| Current portion of amounts payable after more than one year42 | - | €13k | €8k | €13k | €13k | ▲ 2.6% |
| Trade debts44 | €6k | €1k | €2k | €3k | €3k | ▼ 26.9% |
| Suppliers440/4 | €6k | €1k | €2k | €3k | €3k | ▼ 26.9% |
| Taxes, remuneration and social security45 | €10k | €5k | €7k | €10k | €1k | ▼ 88.3% |
| Taxes450/3 | €10k | €5k | €7k | €10k | €1k | ▼ 88.3% |
| Other amounts payable47/48 | €2k | €2k | €1k | €11k | €8k | ▼ 23.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25k | €-2k | €5k | €11k | €-18k | ▼ 268% |
| + Depreciation and write-downs630 | €293 | €7k | €11k | €4k | €9k | ▲ 113% |
| Operating cash flow (approximation) | €25k | €6k | €16k | €15k | €-9k | ▼ 157% |
| Investment in fixed assets (approximation) | - | €-49k | €-1k | €-8k | €-11k | ▼ 44.9% |
| Change in cash | - | €-15k | €13k | €14k | €-38k | ▼ 369% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 37 days late
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Braives · 1 establishment unit since 2020
Ground area
552 m²
Building footprint
77 m²
Volume, LiDAR
607 m³
Parcel 64015B0072/00K000, Wallonia · tallest building 9.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CLAU
since 20202.307.984.445
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64015B0072/00K000 | Wallonia | 552 m² | 1 · 77 m² | 9.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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
YV CONSULT
BE 1008.694.882
Villers-la-Ville · Eq €15,192
BELGIAN EXPORT CONSULTANCY
BE 0875.918.116
Hamme (Vl.) · Eq €15,194
Malahima
BE 1011.510.357
Antwerpen · Eq €15,196
Silverback Projects
BE 1028.450.715
Kapelle-op-den-Bos · Eq €15,196
DAYIMA
BE 1004.849.229
Liège · Eq €15,187
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 27,598 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.