CLAVACO
Annual accounts 2025
micro format, filed on 24-07-2026, 7 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €67,000 and €280,000.
Balance sheet
balance sheet total €58,671 on 31-12-2025in euro
in euro
Position in the sector
60.3%
Higher than 54% of 15,824 companies in 2025.
2.48
Higher than 54% of 15,596 companies in 2025.
22.5%
Higher than 56% of 15,713 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
58,671 | 56,146 | 40,767 | |
21/28 |
1,062 | 1,336 | - | |
22/27 |
1,062 | 1,336 | - | |
26 |
1,062 | 1,336 | - | |
29/58 |
57,609 | 54,810 | 40,767 | |
40/41 |
52,876 | 42,503 | 28,472 | |
40 |
20,166 | 11,835 | 14,545 | |
41 |
32,710 | 30,668 | 13,927 | |
54/58 |
4,733 | 12,306 | 12,203 | |
490/1 |
- | - | 92 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
58,671 | 56,146 | 40,767 | |
10/15 |
35,404 | 22,175 | 20,294 | |
10/11 |
3,000 | 3,000 | 3,000 | |
13 |
32,404 | 19,175 | 17,294 | |
133 |
32,404 | 19,175 | 17,294 | |
17/49 |
23,267 | 33,971 | 20,473 | |
42/48 |
23,267 | 33,971 | 20,473 | |
44 |
6,344 | 9,045 | 4,119 | |
440/4 |
6,344 | 9,045 | 4,119 | |
45 |
16,924 | 24,926 | 16,354 | |
450/3 |
16,924 | 22,401 | 16,354 | |
454/9 |
- | 2,525 | - | |
| Income statement | ||||
9900 |
20,716 | 6,952 | 22,479 | |
630 |
274 | 35 | - | |
640/8 |
987 | 1,344 | 384 | |
9901 |
19,455 | 5,573 | 22,094 | |
75/76B |
1,805 | 1,623 | 199 | |
75 |
1,805 | 1,623 | 199 | |
65/66B |
2,138 | 1,912 | 81 | |
65 |
2,138 | 1,912 | 81 | |
9903 |
19,123 | 5,284 | 22,212 | |
67/77 |
5,893 | 3,404 | 4,917 | |
9904 |
13,229 | 1,880 | 17,294 | |
9905 |
13,229 | 1,880 | 17,294 | |
| Appropriation of the result | ||||
9906 |
13,229 | 1,880 | 17,294 | |
691/2 |
13,229 | 1,880 | 17,294 | |
6921 |
13,229 | 1,880 | 17,294 | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 24-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 19,729 | 5,608 | - | ||
| 13,503 | 1,916 | - | ||
| 0 | 1,371 | - | ||
| -7,573 | 103 | - | ||
| 34,342 | 20,839 | 20,294 | ||
| 60.3% | 39.5% | 49.8% | ||
| 2.48 | 1.61 | 1.99 | ||
| 0.66 | 1.53 | 1.01 | ||
| 37.4% | 8.5% | 85.2% | ||
| 22.5% | 3.3% | 42.4% | ||
| 9.23 | 2.93 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | €1,371 | - |
| €274 | €35 | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on CLAVACO
The operating result for 2025 is 3.5 times that of 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 60.5% to 39.7%. Equity is higher and debt is lower.