Financials
- Fiscal year
- 2024
- Turnover
- €10,911
- Loss
- -€1,240
- Solvency
- 42.3%
Turnover▼ 70.1%
Net result
20182024
Clay2Build
ActiveSummary
The computed 12-month bankruptcy probability of Clay2Build is 3.4% (moderate). The 2024 annual accounts show equity of €63,304 and a net result of -€1,240. Equity is shrinking by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 45% of 36365 sector peers (fiscal year 2024). The company has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Site preparation
NACE 43120NACE 02020
1 site
Size
€10,911turnover 2024
- Equity
- €63,304
- Loss
- -€1,240
Structure
Accounts 63 d overdue0 of 2 deeds read
Why 48- Figures for FY 2024 (filed 19-10-2025)- Liquidity: current ratio 1.72, cash €20- Sector Specialised construction activities (NACE 43)+ Founded in 1986Show the evidence
Checked score
Score 2024
48
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 20% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
67-11
equity 42.3% of total assets
Liquidity
20-34
short-term debt 57.7% · cash 0.0%
Profitability
16+9
return on assets -0.8%
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 12 months
11-2025: 1.9%
12-2025: 1.9%● 0.0% vs 11-2025
01-2026: 1.9%▲ +2.0% vs 12-2025
02-2026: 1.9%● 0.0% vs 01-2026
03-2026: 1.9%● 0.0% vs 02-2026
04-2026: 2.0%▲ +1.2% vs 03-2026
05-2026: 1.9%▼ -1.5% vs 04-2026
06-2026: 1.8%▼ -7.6% vs 05-2026
07-2026: 1.8%▼ -1.6% vs 06-2026lowest value
08-2026: 2.5%▲ +40.1% vs 07-2026
09-2026: 2.7%▲ +8.5% vs 08-2026
10-2026: 3.4%▲ +27.4% vs 09-2026highest value
- Figures for FY 2024 (filed 19-10-2025) raises the probability
- Liquidity: current ratio 1.72, cash €20 raises the probability
- Founded in 1986 lowers the probability for this profile
- Sector Specialised construction activities (NACE 43) raises the probability
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 1.72 against 2.13 in 2023; short-term debt: 57.7% and cash: 0% of total assets), but 57.7% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 45%, liquidity 11%, profitability 13%, growth against the median 11%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€1,240
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-10-2025, 72 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
72 d late
2023
88 d late
2022
446 d late
2021
616 d late
2020
60 d late
2019
111 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 232 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · full…
Key points
By topic
Timeline
- Events
- 14
- Since
- 2016
- 11-10-2025Annual accounts filed
- 27-10-2024Annual accounts filed
- 19-10-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Site preparationNACE 43120
- Founded
- 20-01-1986
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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