CLAY SHAW MANAGEMENT
ActiveCLAY SHAW MANAGEMENT has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €87k and a net result of €11k. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 68% of 8967 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▲+61
Solvency97▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 3.48 against 3.08 in 2023; short-term debt: 27.7% and cash: 17.1% of total assets), and 27.7% of the assets are financed with debt.
Credit advice 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 · 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
27 d late
2022
69 d late
2021
337 d late
2020
31 d late
2019
24 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€11k
2023 · €-5k
2018: €4k
2019: €-308
2020: €-27k
2021: €-12k
2022: €62k
2023: €-5k
2018 → 2024
Working capital
€83k▲ 24.5%
2023 · €67k
2018: €23k
2019: €24k
2020: €715
2021: €-4k
2022: €69k
2023: €67k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€32k-€20k▼ 38.6%€81k▲ 311%€76k▼ 6.6%€87k▲ 14.9%
Operating result€-23k-€-11k▲ 54.2%€73k€-4k€17k
Net result€-27k-€-12k▲ 54.6%€62k€-5k€11k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €17k after a loss of €4k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €121k
Fixed assets
€4k▼ 53.9%
Current assets
€116k▲ 17.9%
Equity and liabilities €121k
Equity
€87k▲ 14.9%
Debt
€33k▲ 3.5%
The debt ratio falls from 29.8% to 27.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€17k▲
2023 · €1k
Cash flow
€12k▲
2023 · €-194
Solvency
72.3%▲
2023 · 70.2%
Current ratio
3.48▲
2023 · 3.08
Quick ratio
3.48▲
2023 · 3.08
Debt / equity
0.38▼
2023 · 0.42
ROE
12.9%▲
2023 · -7.1%
ROA
9.4%▲
2023 · -5.0%
Interest coverage
14.52▲
2023 · 0.80
Debt
€33k▲
2023 · €32k
Debt ≤ 1 year
€33k▲
2023 · €32k
Income taxes
€8k▲
2023 · €2k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€108k€121k▲
Fixed assets21/28€10k€4k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€10k€4k▼
Land and buildings22€5k€0▼
Plant, machinery and equipment23€797€0▼
Furniture and vehicles24€4k€4k▲
Other tangible fixed assets26€727€0▼
Current assets29/58€99k€116k▲
Amounts receivable within one year40/41€91k€95k▲
Trade receivables40€29k€17k▼
Other amounts receivable41€62k€78k▲
Cash at bank and in hand54/58€7k€21k▲
Deferred charges and accrued income490/1€239€251▲
Equity and liabilities
Total equity and liabilities10/49€108k€121k▲
Equity10/15€76k€87k▲
Contributions10/11€6k€6k=
Reserves13€75k€80k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€73k€78k▲
Profit (loss) carried forward14€-5k€922▲
Amounts payable17/49€32k€33k▲
Amounts payable within one year42/48€32k€33k▲
Trade debts44€9k€8k▼
Suppliers440/4€9k€8k▼
Taxes, remuneration and social security45€22k€25k▲
Taxes450/3€21k€25k▲
Remuneration and social security454/9€140€140=
Other amounts payable47/48€2k€0▼
Accrued charges and deferred income492/3€220€0▼
Income statement
Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€880▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-21k
Other operating charges640/8€6k€25k▲
Non-recurring operating charges66A€2k€6k▲
Gross operating margin9900€9k€27k▲
Operating profit (loss)9901€-4k€17k▲
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-3k€20k▲
Income taxes67/77€2k€8k▲
Profit (loss) for the period9904€-5k€11k▲
Profit (loss) for the period to be appropriated9905€-5k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€6k▲
Profit (loss) brought forward from the previous period14P€0€-5k▼
Transfer to equity691/2€0€5k▲
To other reserves6921€0€5k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 3.08
Current ratio from 1.34 to 3.08; short-term debt falls from €202k to €32k.
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 69 days late
03-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 337 days late
2022
31-12
Financial
Back to profitnet €62k
Net result €62k after 3 loss-making years.
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
05-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 36 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
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, Liège · 2 establishment units since 2013
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.
Rue Louvrex 914000 LiègeGround area
422 m²
Building footprint
185 m²
Volume, LiDAR
3,096 m³
2 parcels, Wallonia · tallest building 19.5 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
CLAY SHAW MANAGEMENT
since 20132.353.802.097
CLAY SHAW MANAGEMENT
since 20252.381.197.867
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62805B0221/00T000 | Wallonia | 228 m² | 1 · 91 m² | 17.2 m · 5 fl. |
| 62805B0302/00F003 ProtectedMonument · Site or landscape |
Wallonia | 194 m² | 1 · 94 m² | 19.5 m · 6 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 13,422 companies in sector 73300 we hold annual accounts for 6,900. 5,615 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-03-2013
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
70200Business and other management consultancy
70220Business consulting
82300Organisation of conventions and trade shows
82990Other business support services
93199Other sports activities
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.