Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
Of this, €286,252 falls due within a year.
In 2025, 33 people joined and 29 left.
The 2023 accounts came latest: 54 days after the end of the period.
Less equity than 95% of companies in personal services. Sector median €14,708 · 6,281 companies.
In July 2024, 1,167 companies had the same profile as Clean Queenz has now. Each dot stands for 3 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,167 companies, not a prediction for Clean Queenz. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| Clean Queenz Izegem | €476,854 | €1.5m | -84.0% | - |
| SO CLEAN Assesse | €515,038 | €1.6m | -5.5% | - |
| Facile à Net Lincent | €390,579 | €1.5m | 5.1% | - |
| ASK SERVICE Bonheiden | €684,835 | €1.3m | -18.7% | - |
| DE KLAVER Moorslede | €670,559 | €1.4m | -8.5% | 39.1 |
| De Strijkmande Tielt | €338,068 | €1.3m | 9.9% | - |
| Ascenta Maasland Dilsen-Stokkem | €294,178 | €1.9m | -87.1% | 63.4 |
These companies have the same main activity as Clean Queenz: personal service activities (NACE 96910). They are comparable in size and age: total assets between €294,000 and €685,000, founded between 2020 and 2022.
Clean Queenz files the micro format. That format states no turnover. The gross margin rose from €215,521 in 2022 to €1.5m in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €2.7m. Estimated: probably between €1.8m and €3.6m.
Higher than 15% of 6,266 companies in 2025.
Higher than 22% of 5,750 companies in 2025.
Higher than 29% of 5,802 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, 33 people joined and 29 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
476,854 | 505,719 | 390,824 | 372,077 | |
21/28 |
353,952 | 406,738 | 325,748 | 340,612 | |
22/27 |
351,702 | 404,488 | 323,498 | 338,362 | |
22 |
122,942 | 134,268 | 145,593 | 156,919 | |
23 |
85,443 | 106,707 | 111,771 | 117,274 | |
24 |
4,430 | 6,630 | 8,830 | - | |
26 |
138,886 | 156,883 | 57,303 | 64,169 | |
28 |
2,250 | 2,250 | 2,250 | 2,250 | |
29/58 |
122,902 | 98,980 | 65,076 | 31,465 | |
40/41 |
26,545 | 4,121 | 4,596 | 3,676 | |
40 |
22,035 | - | - | - | |
41 |
4,510 | 4,121 | 4,596 | 3,676 | |
54/58 |
61,334 | 68,099 | 38,885 | 25,697 | |
490/1 |
35,023 | 26,761 | 21,595 | 2,092 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
476,854 | 505,719 | 390,824 | 372,077 | |
10/15 |
-400,767 | -389,533 | -243,148 | -106,769 | |
10/11 |
15,000 | 15,000 | 15,000 | 15,000 | |
14 |
-415,767 | -404,533 | -258,148 | -121,769 | |
16 |
66,307 | 80,071 | - | - | |
160/5 |
66,307 | 80,071 | - | - | |
163 |
66,307 | 80,071 | - | - | |
17/49 |
811,313 | 815,180 | 633,971 | 478,846 | |
17 |
500,000 | - | - | - | |
170/4 |
500,000 | - | - | - | |
42/48 |
286,252 | 808,607 | 631,075 | 478,846 | |
44 |
11,919 | 31,619 | 56,235 | 397 | |
440/4 |
11,919 | 31,619 | 56,235 | 397 | |
45 |
121,717 | 129,114 | 108,371 | 42,246 | |
450/3 |
0 | 3,265 | 6,128 | 13,742 | |
454/9 |
121,717 | 125,849 | 102,243 | 28,504 | |
47/48 |
152,616 | 647,873 | 466,469 | 436,203 | |
492/3 |
25,061 | 6,573 | 2,896 | - | |
| Income statement | |||||
9900 |
1.5m | 1.2m | 791,420 | 215,521 | |
62 |
1.4m | 1.2m | 882,828 | 302,145 | |
630 |
52,786 | 48,908 | 42,864 | 31,091 | |
635/8 |
-13,764 | 80,071 | - | - | |
640/8 |
3,724 | 763 | 2,090 | 2,494 | |
66A |
- | - | 0 | 1,560 | |
9901 |
63,274 | -146,396 | -136,363 | -121,769 | |
75/76B |
0 | 11 | - | - | |
75 |
0 | 11 | - | - | |
65/66B |
74,508 | 0 | 16 | - | |
65 |
74,508 | 0 | 16 | - | |
9903 |
-11,234 | -146,385 | -136,379 | -121,769 | |
9904 |
-11,234 | -146,385 | -136,379 | -121,769 | |
9905 |
-11,234 | -146,385 | -136,379 | -121,769 | |
| Appropriation of the result | |||||
9906 |
-415,767 | -404,533 | -258,148 | -121,769 | |
14P |
-404,533 | -258,148 | -121,769 | - | |
| Social balance sheet | |||||
9087 |
40.5 | 34.6 | 23.7 | 10.6 | |
Hours worked1013 |
54,638 | 50,696 | 36,323 | 14,995 | |
| Document | |||||
The notes to these accounts have 14 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 31-08-2026.
2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00494426.
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 3 | €1.0m | €1.0m |
| 2024 | 2 | €0.9m | €0.9m |
| 2023 | 2 | €0.6m | €0.6m |
| 2022 | 1 | €0.2m | €0.2m |
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 116,060 | -97,488 | -93,498 | -90,677 | ||
| 41,552 | -97,477 | -93,514 | -90,677 | ||
| 0 | 129,899 | 28,000 | 371,703 | ||
| -6,765 | 29,214 | 13,188 | - | ||
| -163,350 | -709,626 | -565,999 | -447,381 | ||
| -84.0% | -77.0% | -62.2% | -28.7% | ||
| 0.43 | 0.12 | 0.10 | 0.07 | ||
| -2.4% | -28.9% | -34.9% | -32.7% | ||
| 1.56 | - | -5836.34 | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 53 | 49 | 35 | 22 |
| full-time | 16 | 13 | 13 | 7 |
| part-time | 37 | 36 | 22 | 15 |
| in full-time equivalents | 41 | 36.1 | 26.9 | 15.9 |
| 40.5 | 34.6 | 23.7 | 10.4 | |
| On a permanent contract | 48 | 46 | 32 | 22 |
| Joined | 33 | 32 | 23 | 32 |
| Left | 29 | 18 | 10 | 10 |
Source: social balance sheet in the 2022 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €129,899 | €28,000 | €369,453 |
| Financial fixed assets | €0 | - | - | €2,250 |
| €52,786 | €48,908 | €42,864 | €31,091 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a profit of €63,274, after a loss of €146,396 in 2024. It is the highest result since 2022.
Equity is negative. Debt (€811,313) exceeds the balance-sheet total (€476,854).
Clean Queenz has no parent and no holdings in its annual accounts. Clean Queenz shares no director with another company.
| MULTI BAZAR
establishment since 15-03-2006 · founded in 1992 |
44 FTE (2025) 0447.077.057 |
| MULTI GROUP SERVICES
establishment since 17-07-2020 · founded in 2020 |
33 FTE (2025) 0750.830.379 |
| WAS EN PLAS
establishment since 17-10-1994 · founded in 1994 |
total assets €1.2m (2025) 0453.460.350 |
| JAURA
registered office since 01-01-2022 |
founded in 2021 0777.880.909 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 8 September 2021, Clean Queenz was incorporated as a private limited company by three natural persons, with a starting capital of €15,000.12 In 2024 the registered office moved to Izegem.3 Today the board has 2 members.4 Total assets went from €372,077 in 2022 to €476,854 in 2025 and headcount from 10.6 to 40.5 full-time equivalents.5
| Establishment | Since | Unit number |
|---|---|---|
| Roeselaarsestraat 489 registered office 8870 Izegem | 08-09-2021 | 2.321.335.407 |
| Harelbekestraat 18 8540 Deerlijk | 02-01-2022 | 2.329.258.228 |
| Heulestraat 10-12 8560 Wevelgem | 22-08-2022 | 2.334.314.403 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 34392C0008/00K011 | 2,212 m² | 1 · 1,433 m² | 14.8 m · 4 |
| 36494D0368/00N002 | 967 m² | 1 · 601 m² | 7.3 m · 2 |
| 34012C0137/00K000 | 264 m² | 1 · 210 m² | 15.3 m · 4 |
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