CleanField
ActiveSummary
CleanField has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€110,386) and a net result of -€670. Equity has been stable since 2018 (±1.3% per year). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 23-04-2003 Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.132.328.729 8510 Kortrijk, since 17-04-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 26-05-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.0%
- Gross margin
- -€266
- ▲ 41.3%
- Loss
- €670
- ▼ 13.0%
- Equity
- -€110,386
- ▼ 0.6%
- Total assets
- €1,371
- ▲ 13.2%
- Negative equity on 31-12-2025
- 2025 accounts filed 26 days after the deadline
Score breakdownraises riskCapped at 59: negative equityNegative equity -€110,386Loss of €670, the second in a row (financial year 2025)lowers riskSize: total assets €1,371Founded in 2003Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 (no NACE code, micro). It does better than 5% of them on solvency, 11% on liquidity, 4% on profitability and 43% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 25 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 26 days after the deadline Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00428182.
Annual accounts 2025 filed on 26-08-2026 at the NBB all 23 filings
Every figure per financial year
The operating result for 2025 is a loss of €332, smaller than the loss of €623 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €55 | €57 | €64 | €169 | €66 | ▼ 61.2% |
| Gross operating margin9900 | -€212 | -€411 | -€216 | -€220 | -€225 | -€236 | -€454 | -€266 | ▲ 41.3% |
| Operating profit (loss)9901 | -€612 | -€465 | -€271 | -€275 | -€282 | -€300 | -€623 | -€332 | ▲ 46.7% |
| Recurring financial income75 | - | €19 | - | - | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €1,739 | €1,429 | €31 | €147 | €338 | ▲ 129% |
| Recurring financial charges65 | €1,738 | €1,721 | €1,728 | €1,739 | €1,429 | €31 | €147 | €338 | ▲ 129% |
| Profit (loss) for the period before taxes9903 | -€2,350 | -€2,167 | -€1,999 | -€2,014 | -€1,711 | -€330 | -€771 | -€670 | ▲ 13.0% |
| Profit (loss) for the period9904 | -€2,350 | -€2,167 | -€1,999 | -€2,014 | -€1,711 | -€330 | -€771 | -€670 | ▲ 13.0% |
| Profit (loss) for the period to be appropriated9905 | -€2,350 | -€2,167 | -€1,999 | -€2,014 | -€1,711 | -€330 | -€771 | -€670 | ▲ 13.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €12,054 | €8,885 | €5,804 | €2,621 | €1,764 | €1,292 | €1,211 | €1,371 | ▲ 13.2% |
| Current assets29/58 | €12,054 | €8,885 | €5,804 | €2,621 | €1,764 | €1,292 | €1,211 | €1,371 | ▲ 13.2% |
| Amounts receivable within one year40/41 | €1,195 | €1,195 | €1,195 | €1,195 | €1,195 | €1,195 | €1,195 | €1,195 | = |
| Trade receivables40 | - | - | - | €1,195 | €1,195 | €1,195 | €1,195 | €1,195 | = |
| Cash at bank and in hand54/58 | €10,859 | €7,690 | €4,609 | €1,426 | €569 | €97 | €16 | €176 | ▲ 11× |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €12,054 | €8,885 | €5,804 | €2,621 | €1,764 | €1,292 | €1,211 | €1,371 | ▲ 13.2% |
| Equity10/15 | -€100,725 | -€102,892 | -€104,891 | -€106,905 | -€108,615 | -€108,946 | -€109,716 | -€110,386 | ▼ 0.6% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€121,185 | -€123,352 | -€125,351 | -€127,365 | -€129,075 | -€129,406 | -€130,176 | -€130,846 | ▼ 0.5% |
| Amounts payable17/49 | €112,779 | €111,777 | €110,695 | €109,526 | €110,379 | €110,238 | €110,927 | €111,758 | ▲ 0.7% |
| Amounts payable within one year42/48 | €112,779 | €111,777 | €110,695 | €109,526 | €110,379 | €110,238 | €110,927 | €111,758 | ▲ 0.7% |
| Trade debts44 | €500 | €500 | €500 | €500 | €500 | €500 | €817 | €832 | ▲ 1.8% |
| Suppliers440/4 | - | - | - | €500 | €500 | €500 | €817 | €832 | ▲ 1.8% |
| Other amounts payable47/48 | - | - | - | €109,026 | €109,879 | €109,738 | €110,110 | €110,926 | ▲ 0.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,350 | -€2,167 | -€1,999 | -€2,014 | -€1,711 | -€330 | -€771 | -€670 | ▲ 13.0% |
| Operating cash flow (approximation) | -€2,350 | -€2,167 | -€1,999 | -€2,014 | -€1,711 | -€330 | -€771 | -€670 | ▲ 13.0% |
| Change in cash | - | -€3,169 | -€3,081 | -€3,183 | -€857 | -€472 | -€81 | €160 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,619 companies had the same profile as CleanField has now. Two years later, 84.5% were still going and 4.5% had gone bankrupt.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
Another 1.0% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CleanField itself: 1.0% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 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 6,619 companies, not a prediction for CleanField. 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.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 26-08-2026 | 2026-00428182 | |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00464913 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00416654 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00402277 | |
| 31-12-2021 | micro format | 26-08-2022 | 2022-20339449 | |
| 31-12-2020 | micro format | 20-08-2021 | 2021-51300449 | |
| 31-12-2019 | micro format | 18-08-2020 | 2020-41700406 | |
| 31-12-2018 | micro format | 17-07-2019 | 2019-33400046 | |
| 31-12-2017 | micro format | 28-08-2018 | 2018-50600399 | |
| 31-12-2016 | micro format | 28-08-2017 | 2017-48000001 |
Board & ownership
Directors
Owners and capital
Owners
Network & group
CleanField shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of CleanField. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
26-09
Gazette deed
Registered office moved from Kortrijk to MarkeNew seat: Keizerstraat 63, 8510 Marke · Previous seat: President Rooseveltplein 17/41, 8500 Kortrijk2 points ▸
- Board meeting, 01-08-2024
- Registered-office move, Keizerstraat 63, 8510 Marke
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- President Rooseveltplein 17/41, 8500 Kortrijk until 01-08-2024 · act of 26-09-2024
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34026B0239/00T000 | Flanders | 362 m² | 1 · 92 m² | 7.5 m · 2 |