CLAVIC
ActiveCLAVIC has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €559k and a net result of €7k. Equity is growing by ~20.2% per year across the filed fiscal years. Its solvency ranks better than 49% of 801 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▼-2
Solvency55▲+2
Growth53=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.25 in 2024; short-term debt: 48.9% and cash: 12.3% of total assets), and 70.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
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
29.6%
Return on assets
0.4%
Age of the figures
9 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
50 d early
2023
35 d early
2022
41 d early
2021
17 d early
2020
29 d early
2019
14 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€4.98M▲ 1.8%
2024 · €4.89M
2018: €3.35M
2019: €3.73M
2020: €3.29M
2021: €4.10M
2022: €4.39M
2023: €4.84M
2024: €4.89M
2018 → 2025
EBIT margin
0.7%▼ 0.5pp
2024 · 1.2%
2018: 1.7%
2019: 1.7%
2020: 7.2%
2021: 5.7%
2022: 0.7%
2023: 0.8%
2024: 1.2%
2018 → 2025
Net result
€7k▼ 62.7%
2024 · €18k
2018: €32k
2019: €28k
2020: €173k
2021: €186k
2022: €2k
2023: €2k
2024: €18k
2018 → 2025
Working capital
€245k▲ 13.7%
2024 · €216k
2018: €-144k
2019: €-101k
2020: €122k
2021: €312k
2022: €257k
2023: €161k
2024: €216k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€4.10M-€4.39M▲ 6.9%€4.84M▲ 10.3%€4.89M▲ 1.1%€4.98M▲ 1.8%
Equity€531k-€533k▲ 0.3%€534k▲ 0.3%€553k▲ 3.4%€559k▲ 1.2%
Operating result€233k-€29k▼ 87.5%€41k▲ 41.0%€61k▲ 47.7%€37k▼ 39.5%
Net result€186k-€2k▼ 99.2%€2k▲ 6.0%€18k▲ 1,046%€7k▼ 62.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 39% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.89M
Fixed assets
€721k▼ 18.4%
Current assets
€1.17M▲ 7.9%
Equity and liabilities €1.89M
Equity
€559k▲ 1.2%
Debt
€1.33M▼ 5.9%
The debt ratio falls from 71.9% to 70.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€235k▼
2024 · €272k
Cash flow
€205k▼
2024 · €229k
Solvency
29.6%▲
2024 · 28.1%
Current ratio
1.27▲
2024 · 1.25
Quick ratio
1.24▲
2024 · 1.22
Debt / equity
2.38▼
2024 · 2.56
ROE
1.2%▼
2024 · 3.3%
ROA
0.4%▼
2024 · 0.9%
Interest coverage
16.85▲
2024 · 14.93
Debt
€1.33M▼
2024 · €1.41M
Debt ≤ 1 year
€924k▲
2024 · €868k
Debt > 1 year
€406k▼
2024 · €545k
Income taxes
€16k▲
2024 · €15k
Staff costs
€540k▲
2024 · €494k
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€1.97M€1.89M▼
Fixed assets21/28€883k€721k▼
Tangible fixed assets22/27€883k€720k▼
Land and buildings22€355k€287k▼
Plant, machinery and equipment23€512k€421k▼
Furniture and vehicles24€15k€12k▼
Financial fixed assets28€340€340=
Other financial fixed assets284/8€340€340=
Amounts receivable and cash guarantees285/8€340€340=
Current assets29/58€1.08M€1.17M▲
Amounts receivable after more than one year29€13k€0▼
Other amounts receivable291€13k€0▼
Stocks and contracts in progress3€26k€21k▼
Stocks30/36€26k€21k▼
Goods purchased for resale34€26k€21k▼
Amounts receivable within one year40/41€845k€889k▲
Trade receivables40€35k€13k▼
Other amounts receivable41€810k€876k▲
Cash at bank and in hand54/58€174k€233k▲
Deferred charges and accrued income490/1€27k€27k▼
Equity and liabilities
Total equity and liabilities10/49€1.97M€1.89M▼
Equity10/15€553k€559k▲
Contributions10/11€62k€62k=
Reserves13€82k€82k=
Tax-exempt reserves132€76k€76k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€408k€415k▲
Amounts payable17/49€1.41M€1.33M▼
Amounts payable after more than one year17€545k€406k▼
Financial debts170/4€545k€406k▼
Credit institutions173€545k€406k▼
Amounts payable within one year42/48€868k€924k▲
Current portion of amounts payable after more than one year42€137k€140k▲
Trade debts44€454k€452k▼
Suppliers440/4€454k€452k▼
Taxes, remuneration and social security45€58k€78k▲
Taxes450/3€2k€6k▲
Remuneration and social security454/9€57k€71k▲
Other amounts payable47/48€219k€255k▲
Accrued charges and deferred income492/3€625€850▲
Income statement
Code20242025
Operating income70/76A€4.96M€4.99M▲
Turnover70€4.89M€4.98M▲
Other operating income74€71k€11k▼
Operating charges60/66A€4.90M€4.95M▲
Goods for resale, raw materials and consumables60€1.29M€1.38M▲
Purchases600/8€1.30M€1.38M▲
Change in stocks: decrease (increase)609€-1k€5k▲
Services and other goods61€2.89M€2.81M▼
Remuneration, social security and pensions62€494k€540k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€211k€198k▼
Other operating charges640/8€13k€16k▲
Operating profit (loss)9901€61k€37k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Income from current assets751€2k€798▼
Other financial income752/9€437€427▼
Financial charges65/66B€30k€15k▼
Recurring financial charges65€30k€15k▼
Debt charges650€18k€14k▼
Other financial charges652/9€12k€1k▼
Profit (loss) for the period before taxes9903€33k€23k▼
Income taxes67/77€15k€16k▲
Taxes670/3€15k€16k▲
Tax adjustments and reversals of tax provisions77€0-
Profit (loss) for the period9904€18k€7k▼
Profit (loss) for the period to be appropriated9905€18k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€408k€415k▲
Profit (loss) brought forward from the previous period14P€390k€408k▲
Social balance
Average headcount (FTE)908711.610.3▼
The notes to these accounts (56 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
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €2k ▼99.2%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €186k ▲7%
Net result €186k, the highest in the series.
31-12
Financial
Equity above €500kEq €531k ▲53.7%
4 profitable years in a row build equity to €531k.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €200kEq €346k ▲101%
3 profitable years in a row build equity to €346k.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €150kEq €172k ▲19%
2 profitable years in a row build equity to €172k.
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-07
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
4 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, Halle · 1 establishment unit since 1995
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.
Melkerijstraat 181500 HalleGround area
1,796 m²
Building footprint
1,004 m²
Volume, LiDAR
5,457 m³
2 parcels, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MC DONALD'S
since 19952.072.015.317
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23413H0102/00S003 | Flanders | 1,092 m² | - | - |
| 42006E0056/00F000 | Flanders | 704 m² | 1 · 1,004 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileyDendermonde2.072.015.317
Dual-learning approval
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,784. 4,149 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-05-1995
Fiscal year end31-12
Activities, NACEBEL
55302
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.