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Cleanernet

Active Private limited company (pre-2019)founded 2018active for 8 yearsGeneraal Deprezstraat 16, 8530 HarelbekeKBO/BCE: BE 0694.671.339 #5 company by equity in Harelbeke, Administrative and support services sector

Lifetime

7 annual accounts with figures on one time axis
peak €2.0m (2023)
€1.6m▼ 1.2%
peak €738,936 (2023)
€488,524▲ 25.4%
peak €2.1m (2025)
€2.1m▲ 30.3%
€731,264▼ 40.8%
peak 16.2 FTE (2024)
13.1 FTE▼ 19.1%
Board1 name since 2018
1 directorLotfi Hassaïne
Documentsfilings and deeds
30-09-202661 days late
2025abbreviated format
Result from €389,665 to €488,524Staff from 16.2 FTE to 13.1 FTEEquity from €1.6m to €2.1mDebts from €1.2m to €731,264Cash from €220,959 to €457,316

Key points

from the 2025 annual accounts

Equity

€2.1m ▲ 30.3%

Cleanernet has made a profit in every financial year since 2019.

Turnover

≈ €2.7m estimated

The accounts state no turnover.

Staff

12 employees on 31-12-2025
4120211792022281320236182024582025

In 2025, 5 people joined and 8 left.

Liquidity

3.51 was 2.01 in 2024

Short-term debts fell from €1.2m to €701,668.

Filings

7 annual accounts 61 days
AprilJune31 JulyOctober202020222024

Latest accounts filed late: after the legal deadline.

Position in the sector

€488,524

Higher net result than 95% of companies in building services and landscaping. Sector median €24,231 · 1,569 companies.

Checked score

90
Excellent
Financially stronger than 83% of small companies in building services and landscaping (NACE 81)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.3% across 482 companies (NACE 81, small).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.9%▲ +0.6 percentage points vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.8%▼ -0.1 percentage points vs 11-2025 01-2026: 0.7%▼ -0.1 percentage points vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.9%▲ +0.2 percentage points vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.8%▼ -0.1 percentage points vs 05-2026 07-2026: 0.9%▲ +0.1 percentage points vs 06-2026 08-2026: 1.3%▲ +0.4 percentage points vs 07-2026 09-2026: 1.5%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.3%▼ -1.2 percentage points vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026

Financial strength
Strong

99+17equity 74.2% of total assets
61+21short-term debt 24.8% · cash 16.2%
90+4return on assets 17.3%

Score breakdown

raises risk
Last filed accounts filed 61 days late; 1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 3.51, cash €457,316
Equity €2.1m (74.2% of total assets)
Figures for financial year 2025 (filed on 02-10-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 81, small). It does better than 85% of them on solvency, 73% on liquidity, 90% on profitability and 85% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 6,782 companies had the same profile as Cleanernet has now. Each dot stands for 17 companies, two years later.

96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of Cleanernet itself: 0.3% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

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 6,782 companies, not a prediction for Cleanernet. 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.

Credit verdict

Credit of up to €180,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.51 (2.01 in 2024), above the usual 1.5. Short-term debt is 24.8% and cash 16.2% of total assets. 25.8% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 3.51, cash €457,316
NBB · annual accounts
raises risk · Last filed accounts filed 61 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Equity €2.1m (74.2% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 02-10-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filings
Deviation from the deadline
2025
61 days late
2024
14 days early
2023
12 days early
2022
58 days late
2021
61 days late
2020
89 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 52 days after the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 September (4 of the last 5 accounts filed within 69 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

LH
Lotfi Hassaïne
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0694671339
Registered-office move Board meeting of 29-10-2020 · Gazette deed
Registered office moved from Mesen to Zillebeke New registered office: Waterstraat 34 te 8902 Zillebeke · Previous registered office: Klaprozenwijk 7 te 8957 Mesen · General meeting of 01-01-2020 · Gazette deed
Incorporation published on 16-04-2018 · Gazette deed
All 18 events

Comparable companies

same main activity, similar in size and age
Company
Cleanernet Harelbeke €2.8m €1.6m 74.2% 13.1
BELGIUM CLEANING FACILITIES Schaerbeek €2.7m €1.4m 78.2% 13.3
IGIENAIR Anderlecht €2.1m €1.8m 67.1% 13.9
BLOMO Nazareth-De Pinte €1.9m €1.5m 41.5% 19.1
ALP DECOR Roeselare €2.1m €1.2m 16.7% 10.6
CLEAN MINDS Genk €2.7m €1.0m 76.5% 4.5
Perfect Windowcleaning Tielt €2.3m €2.6m 82.6% 35.5

These companies have the same main activity as Cleanernet: general cleaning of buildings (NACE 81210). They are comparable in size and age: total assets between €1.9m and €2.7m, founded between 2012 and 2019.

Official details

Source: KBO
Status
Active since 12-04-2018Normal situation
Activity
General cleaning of buildingsNACE 81210and 2 others
Joint committees
121Cleaning
200Auxiliary committee for white-collar workers · annual accounts 2024
Establishment unit
2.275.459.0588530 Harelbeke, since 12-04-2018
Financial year end
31 December
Peppol
Reachable since 31-10-2023
Company details

Annual accounts 2025

€2.8m▼ 0.5%
Employeeson 31-12-2025
12▼ 29.4%
Filing
Filed on 30-09-2026
Financials

Insights on Cleanernet

Cleanernet files the abbreviated format. That format states no turnover. The gross margin rose from €157,314 in 2019 to €1.6m in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Cleanernet

What is the company number of Cleanernet?
The company number of Cleanernet is 0694.671.339. The VAT number is the same number with BE in front: BE 0694.671.339.
Where is Cleanernet based?
The registered office is at Generaal Deprezstraat 16, 8530 Harelbeke.Company details
What does Cleanernet do?
According to the KBO register, the main activity is general cleaning of buildings (NACE 81210).
What is the legal form of Cleanernet?
Cleanernet is a private limited company (pre-2019) (BVBA).
When was Cleanernet founded?
Cleanernet was founded on 12-04-2018.
Is Cleanernet still active?
Yes, Cleanernet is an active enterprise in the KBO register.
How many employees does Cleanernet have?
Cleanernet had an average of 13.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Cleanernet fall under?
In its 2024 annual accounts, Cleanernet states joint committees 121 (Cleaning) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of Cleanernet?
The turnover in financial year 2025 is ≈ €2.7m. This figure is estimated from the gross margin of €1.6m and 1,585 comparable companies of the same size. It probably lies between €1.8m and €4.5m. It is a rough estimate.
Is Cleanernet profitable?
In financial year 2025, Cleanernet made a profit of €488,524.
Where can I find the annual accounts of Cleanernet?
Cleanernet filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Cleanernet due?
Cleanernet must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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