CLAUVERSCO
ActiveSummary
CLAUVERSCO has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.2m and a net result of -€270,833. Equity remains stable across the filed fiscal years (±1.8% per year). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-17
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days acceptable
Liquidity ample (current ratio 11.64 against 14.43 in 2023; short-term debt: 2.4% and cash: 1.1% of total assets), and 17.5% of the assets are financed with debt.
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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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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 2024Solvency, return and age of the figures
Solvency
82.5%
Return on assets
-18%
Age of the figures
21 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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
42 d early
2024
18 d late
2023
25 d early
2022
4 d early
2021
24 d early
2020
31 d late
2019
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 2 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
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. Usually files around 7 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€1.2m▼ 17.9%
2023 · €1.5m
Total assets
€1.5m▼ 17.4%
2023 · €1.8m
Net result
-€270,833▼ 532%
2023 · -€42,855
Working capital
€386,630▼ 40.7%
2023 · €652,071
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€48,185▼ 8.0%-€27,510▲ 42.9%€43,263-€42,916-€287,230▼ 569%
Net result-€35,072below the sector's middle half▼ 10.7%-€17,717below the sector's middle half▲ 49.5%€33,193within the sector's middle half-€42,855below the sector's middle half-€270,833below the sector's middle half▼ 532%
Equity€1.5mabove the sector's middle half▼ 2.2%€1.5mabove the sector's middle half▼ 1.2%€1.6mabove the sector's middle half▲ 2.2%€1.5mabove the sector's middle half▼ 2.8%€1.2mabove the sector's middle half▼ 17.9%
Total assets€1.8mabove the sector's middle half▲ 5.7%€1.7mabove the sector's middle half▼ 2.9%€1.9mabove the sector's middle half▲ 7.3%€1.8mabove the sector's middle half▼ 2.6%€1.5mabove the sector's middle half▼ 17.4%
Debt€255,789▲ 106%€220,695▼ 13.7%€295,075▲ 33.7%€289,942▼ 1.7%€244,965▼ 15.5%
Working capital€788,963above the sector's middle half▼ 24.7%€753,305above the sector's middle half▼ 4.5%€720,665above the sector's middle half▼ 4.3%€652,071above the sector's middle half▼ 9.5%€386,630above the sector's middle half▼ 40.7%
Solvency85.7%above the sector's middle half▼ 6.9pp87.3%above the sector's middle half▲ 1.6pp83.2%above the sector's middle half▼ 4.1pp83.0%above the sector's middle half▼ 0.1pp82.5%above the sector's middle half▼ 0.5pp
Current ratio20.21above the sector's middle half▼ 17.2817.84above the sector's middle half▼ 2.376.97above the sector's middle half▼ 10.8714.43above the sector's middle half▲ 7.4611.64above the sector's middle half▼ 2.79
Return on assets (ROA)-2.0%within the sector's middle half▼ 0.1pp-1.0%within the sector's middle half▲ 0.9pp1.8%within the sector's middle half▲ 2.8pp-2.4%within the sector's middle half▼ 4.1pp-18.0%below the sector's middle half▼ 15.7pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €287,230 in 2024 against €42,916 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.5m
Fixed assets
€1.1m ▼ 3.5%
Current assets
€422,961 ▼ 39.6%
Equity and liabilities €1.5m
Equity
€1.2m ▼ 17.9%
Provisions
€17,559 ▼ 3.1%
Debt
€244,965 ▼ 15.5%
Debt's share of the balance-sheet total rises from 16.0% to 16.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€241,936▼
2023 · €1,397
Cash flow
-€225,539▼
2023 · €1,458
Debt to equity
0.20▲
2023 · 0.19
ROE
-21.9%▼
2023 · -2.8%
Interest coverage
-37.97▼
2023 · 0.09
Debt ≤ 1 year
€36,331▼
2023 · €48,552
Debt > 1 year
€207,076▼
2023 · €238,127
Income taxes
€641▲
2023 · €639
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 928 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 90% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.1%
went bankrupt
8.8%
stopped otherwise
90%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,338 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 928 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €81,250 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29,745 | €34,954 | €38,594 | €44,313 | €45,294 | ▲ 2.2% |
| Other operating charges640/8 | - | €11,807 | €12,191 | €8,939 | €279,208 | ▲ 3,023% |
| Gross operating margin9900 | -€8,320 | €19,251 | €94,048 | €10,337 | €37,272 | ▲ 261% |
| Operating profit (loss)9901 | -€48,185 | -€27,510 | €43,263 | -€42,916 | -€287,230 | ▼ 569% |
| Financial income75/76B | - | €16,986 | €15,991 | €18,896 | €22,840 | ▲ 20.9% |
| Recurring financial income75 | €27,435 | €16,077 | €15,863 | €18,896 | €22,840 | ▲ 20.9% |
| Non-recurring financial income76B | - | €909 | €128 | €0 | - | - |
| Financial charges65/66B | - | €6,561 | €6,765 | €18,766 | €6,372 | ▼ 66.0% |
| Recurring financial charges65 | €5,871 | €6,561 | €5,032 | €15,781 | €6,372 | ▼ 59.6% |
| Non-recurring financial charges66B | - | €0 | €1,733 | €2,985 | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | -€34,894 | -€17,084 | €52,489 | -€42,786 | -€270,762 | ▼ 533% |
| Transfer from deferred taxes780 | - | - | €102 | €570 | €570 | = |
| Transfer to deferred taxes680 | - | - | €18,800 | €0 | - | - |
| Income taxes67/77 | €178 | €632 | €598 | €639 | €641 | ▲ 0.3% |
| Profit (loss) for the period9904 | -€35,072 | -€17,717 | €33,193 | -€42,855 | -€270,833 | ▼ 532% |
| Transfer from tax-exempt reserves789 | - | - | €306 | €1,709 | €1,709 | = |
| Transfer to tax-exempt reserves689 | - | - | €56,400 | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | -€35,072 | -€17,717 | -€22,901 | -€41,146 | -€269,124 | ▼ 554% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.8m | €1.7m | €1.9m | €1.8m | €1.5m | ▼ 17.4% |
| Fixed assets21/28 | €962,237 | €941,413 | €1.0m | €1.1m | €1.1m | ▼ 3.5% |
| Tangible fixed assets22/27 | €962,237 | €941,413 | €1.0m | €1.1m | €1.1m | ▼ 3.5% |
| Land and buildings22 | - | €921,781 | €1.0m | €1.1m | €1.1m | ▼ 3.1% |
| Plant, machinery and equipment23 | - | €2,289 | €5,431 | €8,338 | €7,280 | ▼ 12.7% |
| Furniture and vehicles24 | - | €17,343 | €11,629 | €6,175 | €2,638 | ▼ 57.3% |
| Financial fixed assets28 | €0 | - | - | - | - | - |
| Current assets29/58 | €830,028 | €798,041 | €841,412 | €700,623 | €422,961 | ▼ 39.6% |
| Amounts receivable after more than one year29 | - | €175,000 | €175,000 | €175,000 | €175,000 | = |
| Trade receivables290 | - | €175,000 | - | - | - | - |
| Other amounts receivable291 | - | - | €175,000 | €175,000 | €175,000 | = |
| Amounts receivable within one year40/41 | €572,358 | €434,500 | €464,814 | €462,146 | €196,408 | ▼ 57.5% |
| Trade receivables40 | - | - | €7,849 | €0 | €49 | - |
| Other amounts receivable41 | - | €434,500 | €456,965 | €462,146 | €196,359 | ▼ 57.5% |
| Current investments50/53 | €217,025 | €164,797 | €49,804 | €6,350 | €7,707 | ▲ 21.4% |
| Cash at bank and in hand54/58 | €9,092 | €3,707 | €132,640 | €33,421 | €16,146 | ▼ 51.7% |
| Deferred charges and accrued income490/1 | - | €20,037 | €19,153 | €23,705 | €27,699 | ▲ 16.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.8m | €1.7m | €1.9m | €1.8m | €1.5m | ▼ 17.4% |
| Equity10/15 | €1.5m | €1.5m | €1.6m | €1.5m | €1.2m | ▼ 17.9% |
| Contributions10/11 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Capital10 | - | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Issued capital100 | - | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Reserves13 | €386,476 | €384,514 | €440,609 | €438,900 | €122,190 | ▼ 72.2% |
| Non-distributable reserves130/1 | - | €69,514 | €69,514 | €69,514 | €69,514 | = |
| Legal reserve130 | - | €69,514 | €69,514 | €69,514 | €69,514 | = |
| Tax-exempt reserves132 | - | - | €56,094 | €54,385 | €52,676 | ▼ 3.1% |
| Distributable reserves133 | - | €315,000 | €315,000 | €315,000 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | - | -€15,755 | -€38,656 | -€79,803 | -€33,927 | ▲ 57.5% |
| Provisions and deferred taxes16 | - | - | €18,698 | €18,128 | €17,559 | ▼ 3.1% |
| Deferred taxes168 | - | - | €18,698 | €18,128 | €17,559 | ▼ 3.1% |
| Amounts payable17/49 | €255,789 | €220,695 | €295,075 | €289,942 | €244,965 | ▼ 15.5% |
| Amounts payable after more than one year17 | €214,724 | €175,959 | €174,329 | €238,127 | €207,076 | ▼ 13.0% |
| Financial debts170/4 | - | €175,959 | €174,329 | €238,127 | €207,076 | ▼ 13.0% |
| Amounts payable within one year42/48 | €41,065 | €44,736 | €120,746 | €48,552 | €36,331 | ▼ 25.2% |
| Current portion of amounts payable after more than one year42 | - | €39,532 | €47,686 | €38,322 | €31,051 | ▼ 19.0% |
| Trade debts44 | €2,308 | €5,204 | €73,061 | €10,166 | €5,119 | ▼ 49.6% |
| Suppliers440/4 | - | €5,204 | €73,061 | €10,166 | €5,119 | ▼ 49.6% |
| Taxes, remuneration and social security45 | - | €0 | - | €64 | €162 | ▲ 152% |
| Taxes450/3 | - | €0 | - | €64 | €162 | ▲ 152% |
| Accrued charges and deferred income492/3 | - | - | - | €3,263 | €1,557 | ▼ 52.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€35,072 | -€17,717 | €33,193 | -€42,855 | -€270,833 | ▼ 532% |
| + Depreciation and write-downs630 | €29,745 | €34,954 | €38,594 | €44,313 | €45,294 | ▲ 2.2% |
| Operating cash flow (approximation) | -€5,327 | €17,237 | €71,787 | €1,458 | -€225,539 | ▼ 15,568% |
| Investment in fixed assets (approximation) | - | -€14,130 | -€121,495 | -€136,544 | -€6,576 | ▲ 95.2% |
| Change in cash | - | -€5,385 | €128,933 | -€99,219 | -€17,275 | ▲ 82.6% |
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
19-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
31-12
Financial
Weakest financial yearnet -€270,833
Net result drops to -€270,833, the lowest in the series.
06-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 14.43
Current ratio from 6.97 to 14.43; short-term debt falls from €120,746 to €48,552.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €33,193
Net result €33,193 after 3 loss-making years.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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, Nazareth-De Pinte · 1 establishment unit since 1993
Ground area
1,744 m²
Building footprint
340 m²
Volume, LiDAR
1,570 m³
Parcel 44012B0499/00R002, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Groenpark 40, 9840 Nazareth-De Pinte
since 19932.064.277.982
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44012B0499/00R002 | Flanders | 1,744 m² | 1 · 340 m² | 8.9 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 93 EUR awarded · 93 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 30 EUR | 30 EUR |
| 2023 | 1 | 63 EUR | 63 EUR |
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Of 9,144 companies in sector 68201 we hold annual accounts for 6,775. 4,715 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded25-08-1993
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0450748409
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.