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CLE DE VOUTE

Active
Private limited companyfounded 20215 yrs activeChaussée de Lille(TOU) 43, 7500 Tournai, BelgiumKBO/BCE: BE 0763.455.029
Summary

The computed 12-month bankruptcy probability of CLE DE VOUTE is 5.2% (elevated). The 2025 annual accounts show negative equity (-€27,404) and a net result of -€2,734. Equity is shrinking by ~18% per year across the filed fiscal years. Its solvency ranks better than 5% of 7625 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58=
Track record94
Bankruptcy probability, 12 months
5.2% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2025
Age of the figures
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2122232425
2021 to 2025 · latest year -€27,404
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 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 · 5 filings
Deviation from the deadline
2025
14 d late
2024
14 d late
2023
18 d late
2022
11 d late
2021
138 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 39 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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 14 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

CLE DE VOUTE was incorporated on 10 February 2021 as a Private limited company.1 Total assets fell from EUR 1,891 in 2021 to EUR 1,663 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€27,404▼ 11.1%
2024 · -€24,670
Total assets
€1,663▲ 19.6%
2024 · €1,391
Net result
-€2,734▲ 17.6%
2024 · -€3,319
Working capital
-€28,456▼ 10.6%
2024 · -€25,722
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€9,050--€12,411▼ 37.1%-€3,908▲ 68.5%-€3,220▲ 17.6%-€2,631▲ 18.3%
Net result-€9,322below the sector's middle half--€13,015below the sector's middle half▼ 39.6%-€4,013below the sector's middle half▲ 69.2%-€3,319below the sector's middle half▲ 17.3%-€2,734below the sector's middle half▲ 17.6%
Equity-€4,322below the sector's middle half--€17,337below the sector's middle half▼ 301%-€21,350below the sector's middle half▼ 23.1%-€24,670below the sector's middle half▼ 15.5%-€27,404below the sector's middle half▼ 11.1%
Total assets€1,891below the sector's middle half-€10,974below the sector's middle half▲ 480%€944below the sector's middle half▼ 91.4%€1,391below the sector's middle half▲ 47.3%€1,663below the sector's middle half▲ 19.6%
Debt€6,214-€28,311▲ 356%€22,295▼ 21.3%€26,060▲ 16.9%€29,067▲ 11.5%
Working capital-€5,051below the sector's middle half--€18,066below the sector's middle half▼ 258%-€22,079below the sector's middle half▼ 22.2%-€25,722below the sector's middle half▼ 16.5%-€28,456below the sector's middle half▼ 10.6%
Solvency-158.0%below the sector's middle half
Current ratio0.36below the sector's middle half
Return on assets (ROA)-118.6%below the sector's middle half
above within below the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, 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
-€15,000-€10,000-€5,000€0Operating result 2021: -€9,050-€9,050Net result 2021: -€9,322-€9,322Operating result 2022: -€12,411-€12,411Net result 2022: -€13,015-€13,015Operating result 2023: -€3,908-€3,908Net result 2023: -€4,013-€4,013Operating result 2024: -€3,220-€3,220Net result 2024: -€3,319-€3,319Operating result 2025: -€2,631-€2,631Net result 2025: -€2,734-€2,73420212022202320242025-€6,000-€4,000-€2,000€0Operating result 2023: -€3,908-€3,910Net result 2023: -€4,013-€4,010Operating result 2024: -€3,220-€3,220Net result 2024: -€3,319-€3,320Operating result 2025: -€2,631-€2,630Net result 2025: -€2,734-€2,730202320242025
The operating result stays negative: a loss of €2,631 in 2025 against €3,220 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1,663
Fixed assets €1,053 =
Current assets €611 ▲ 80.6%
Key figures and ratios
2025 value · change against 2024
EBITDA
-€2,631▼
2024 · -€2,573
Cash flow
-€2,734▼
2024 · -€2,672
Interest coverage
-25.63▲
2024 · -25.95
Debt ≤ 1 year
€29,067▲
2024 · €26,060
Ratios withheld: a balance sheet total of €1,663 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.9% went bankrupt
8.4% stopped otherwise
83% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 5.2% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.8%
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 6,010 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€1,391€1,663▲
Fixed assets21/28€1,053€1,053=
Tangible fixed assets22/27€324€324=
Furniture and vehicles24€324€324=
Financial fixed assets28€729€729=
Current assets29/58€338€611▲
Amounts receivable within one year40/41€333€608▲
Other amounts receivable41€333€608▲
Cash at bank and in hand54/58€5€2▼
Equity and liabilities
Total equity and liabilities10/49€1,391€1,663▲
Equity10/15-€24,670-€27,404▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€29,670-€32,404▼
Amounts payable17/49€26,060€29,067▲
Amounts payable within one year42/48€26,060€29,067▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€338€967▲
Suppliers440/4€338€967▲
Other amounts payable47/48€25,722€28,100▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€647€0▼
Gross operating margin9900-€2,573-€2,631▼
Operating profit (loss)9901-€3,220-€2,631▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€99€103▲
Recurring financial charges65€99€103▲
Profit (loss) for the period before taxes9903-€3,319-€2,734▲
Profit (loss) for the period9904-€3,319-€2,734▲
Profit (loss) for the period to be appropriated9905-€3,319-€2,734▲
Appropriation of the result
Profit (loss) to be appropriated9906-€29,670-€32,404▼
Profit (loss) brought forward from the previous period14P-€26,350-€29,670▼

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€647€0▼ 100%
Other operating charges640/8€513€112€0---
Gross operating margin9900-€8,537-€12,299-€3,908-€2,573-€2,631▼ 2.3%
Operating profit (loss)9901-€9,050-€12,411-€3,908-€3,220-€2,631▲ 18.3%
Financial income75/76B€35€48€0€0€0▼ 100%
Recurring financial income75€35€48€0€0€0▼ 100%
Financial charges65/66B€307€652€105€99€103▲ 3.6%
Recurring financial charges65€307€652€105€99€103▲ 3.6%
Profit (loss) for the period before taxes9903-€9,322-€13,015-€4,013-€3,319-€2,734▲ 17.6%
Profit (loss) for the period9904-€9,322-€13,015-€4,013-€3,319-€2,734▲ 17.6%
Profit (loss) for the period to be appropriated9905-€9,322-€13,015-€4,013-€3,319-€2,734▲ 17.6%
Line20212022202320242025Change
Assets
Total assets20/58€1,891€10,974€944€1,391€1,663▲ 19.6%
Fixed assets21/28€729€729€729€1,053€1,053=
Tangible fixed assets22/27---€324€324=
Furniture and vehicles24---€324€324=
Financial fixed assets28€729€729€729€729€729=
Current assets29/58€1,162€10,245€215€338€611▲ 80.6%
Amounts receivable within one year40/41€402€10,109€215€333€608▲ 82.7%
Trade receivables40€402€5,565€0---
Other amounts receivable41-€4,543€215€333€608▲ 82.7%
Cash at bank and in hand54/58€760€137€0€5€2▼ 58.5%
Equity and liabilities
Total equity and liabilities10/49€1,891€10,974€944€1,391€1,663▲ 19.6%
Equity10/15-€4,322-€17,337-€21,350-€24,670-€27,404▼ 11.1%
Contributions10/11€5,000€5,000€5,000€5,000€5,000=
Profit (loss) carried forward14-€9,322-€22,337-€26,350-€29,670-€32,404▼ 9.2%
Amounts payable17/49€6,214€28,311€22,295€26,060€29,067▲ 11.5%
Amounts payable within one year42/48€6,214€28,311€22,295€26,060€29,067▲ 11.5%
Financial debts43--€8€0--
Credit institutions430/8--€8€0--
Trade debts44€956€7,533€1,306€338€967▲ 186%
Suppliers440/4€956€870€1,306€338€967▲ 186%
Bills of exchange payable441-€6,663€0---
Taxes, remuneration and social security45€3,175€0----
Taxes450/3€3,175€0----
Other amounts payable47/48€2,083€20,779€20,980€25,722€28,100▲ 9.2%
Line20212022202320242025Change
Profit (loss) for the period9904-€9,322-€13,015-€4,013-€3,319-€2,734▲ 17.6%
+ Depreciation and write-downs630---€647€0▼ 100%
Operating cash flow (approximation)-€9,322-€13,015-€4,013-€2,672-€2,734▼ 2.3%
Investment in fixed assets (approximation)-€0€0-€971€0▲ 100%
Change in cash--€624-€137€5-€3▼ 158%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
14-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 14 days late
2025
14-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
18-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 18 days late
2023
11-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
31-12
Financial Weakest financial yearnet -€13,015
Net result drops to -€13,015, the lowest in the series; recovery starts the following year.
16-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 138 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Tournai · 1 establishment unit since 2021
seat establishment approximate The establishment unit on the map
Ground area
97 m²
Building footprint
50 m²
Volume, LiDAR
442 m³
Parcel 57463L0410/00C000, Wallonia · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CLE DE VOUTE
Chaussée de Lille(TOU) 43, 7500 TournaiSpecialised construction activities
since 20212.312.969.156
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
57463L0410/00C000 Wallonia 97 m² 1 · 50 m² 10.6 m · 3 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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 29,786 companies in sector 41001 we hold annual accounts for 16,061. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded10-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43910Bricklaying and masonry work
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.