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CLEAR TRUE

Active
Private limited companyfounded 20178 yrs activeHameau Beaufort 4, 7180 Seneffe, BelgiumKBO/BCE: BE 0686.926.581
Summary

For CLEAR TRUE, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €363,805 and a net result of €18,126. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 84% of 37965 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability74▼-6
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 2024
Solvency, return and age of the figures
Solvency
86.6%
Return on assets
4.3%
Age of the figures
30 mo
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 · Annual accounts not filed
The financial year that closed on 31-03-2025 was due at the National Bank by 31-10-2025. Nothing is on record, 334 days later.
NBB · 6 filings
Position against the passed deadline
31-03-2025 close31-10-2025 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 31-10-2024, 0 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
on the day
2023
on the day
2022
67 d early
2021
2 d early
2020
58 d late
2019
3 d early
← 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 2 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
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

CLEAR TRUE was incorporated on 29 December 2017.1 Total assets rose from EUR 202,490 in 2019 to EUR 420,258 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€363,805▲ 5.2%
2023 · €345,679
Total assets
€420,258▲ 2.5%
2023 · €410,065
Net result
€18,126▼ 48.8%
2023 · €35,388
Working capital
€349,450▲ 4.2%
2023 · €335,253
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€60,279▼ 44.7%€162,714▲ 170%€53,034▼ 67.4%€51,975▼ 2.0%€38,555▼ 25.8%
Net result€23,721within the sector's middle half▼ 78.2%€149,157above the sector's middle half▲ 529%€16,140within the sector's middle half▼ 89.2%€35,388within the sector's middle half▲ 119%€18,126within the sector's middle half▼ 48.8%
Equity€144,994within the sector's middle half▲ 19.6%€294,151above the sector's middle half▲ 103%€310,291above the sector's middle half▲ 5.5%€345,679above the sector's middle half▲ 11.4%€363,805above the sector's middle half▲ 5.2%
Total assets€168,440within the sector's middle half▼ 16.8%€373,823within the sector's middle half▲ 122%€346,828within the sector's middle half▼ 7.2%€410,065within the sector's middle half▲ 18.2%€420,258within the sector's middle half▲ 2.5%
Debt€23,446▼ 71.1%€79,671▲ 240%€36,537▼ 54.1%€64,386▲ 76.2%€56,453▼ 12.3%
Working capital€119,132within the sector's middle half▲ 38.3%€261,068above the sector's middle half▲ 119%€289,207above the sector's middle half▲ 10.8%€335,253above the sector's middle half▲ 15.9%€349,450above the sector's middle half▲ 4.2%
Solvency86.1%above the sector's middle half▲ 26.2pp78.7%above the sector's middle half▼ 7.4pp89.5%above the sector's middle half▲ 10.8pp84.3%above the sector's middle half▼ 5.2pp86.6%above the sector's middle half▲ 2.3pp
Current ratio6.08above the sector's middle half▲ 4.024.28within the sector's middle half▼ 1.808.92above the sector's middle half▲ 4.646.21above the sector's middle half▼ 2.717.19above the sector's middle half▲ 0.98
Return on assets (ROA)14.1%within the sector's middle half▼ 39.7pp39.9%above the sector's middle half▲ 25.8pp4.7%within the sector's middle half▼ 35.2pp8.6%within the sector's middle half▲ 4.0pp4.3%within the sector's middle half▼ 4.3pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
€0€50,000€100,000€150,000Operating result 2020: €60,279€60,279Net result 2020: €23,721€23,721Operating result 2021: €162,714€162,714Net result 2021: €149,157€149,157Operating result 2022: €53,034€53,034Net result 2022: €16,140€16,140Operating result 2023: €51,975€51,975Net result 2023: €35,388€35,388Operating result 2024: €38,555€38,555Net result 2024: €18,126€18,12620202021202220232024€0€20,000€40,000€60,000Operating result 2022: €53,034€53,000Net result 2022: €16,140€16,100Operating result 2023: €51,975€52,000Net result 2023: €35,388€35,400Operating result 2024: €38,555€38,600Net result 2024: €18,126€18,100202220232024
The operating result has fallen three years in a row; 2024 is 26% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €420,258
Fixed assets €14,355 ▲ 37.7%
Current assets €405,903 ▲ 1.6%
Equity and liabilities €420,258
Equity €363,805 ▲ 5.2%
Debt €56,453 ▼ 12.3%
Debt's share of the balance-sheet total falls from 15.7% to 13.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€43,903▼
2023 · €64,242
Cash flow
€23,474▼
2023 · €47,655
Debt to equity
0.16▼
2023 · 0.19
ROE
5.0%▼
2023 · 10.2%
Interest coverage
261.65▼
2023 · 302.65
Debt ≤ 1 year
€56,453▼
2023 · €64,386
Income taxes
€20,261▲
2023 · €16,374
Staff costs
€75,287▼
2023 · €76,569
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet Code20232024
Assets
Total assets20/58€410,065€420,258▲
Fixed assets21/28€10,426€14,355▲
Tangible fixed assets22/27€10,276€14,205▲
Plant, machinery and equipment23€1,340€8,620▲
Furniture and vehicles24€8,935€5,585▼
Financial fixed assets28€150€150=
Current assets29/58€399,639€405,903▲
Amounts receivable within one year40/41€111,220€120,776▲
Trade receivables40€110,089€120,776▲
Other amounts receivable41€1,132-
Cash at bank and in hand54/58€281,877€285,128▲
Deferred charges and accrued income490/1€6,541-
Equity and liabilities
Total equity and liabilities10/49€410,065€420,258▲
Equity10/15€345,679€363,805▲
Contributions10/11€12,400€12,400=
Profit (loss) carried forward14€333,279€351,405▲
Amounts payable17/49€64,386€56,453▼
Amounts payable within one year42/48€64,386€56,453▼
Trade debts44€7,522€795▼
Suppliers440/4€7,522€795▼
Taxes, remuneration and social security45€52,331€21,818▼
Taxes450/3€18,247€14,113▼
Remuneration and social security454/9€34,085€7,705▼
Other amounts payable47/48€4,533€33,839▲
Income statement Code20232024
Remuneration, social security and pensions62€76,569€75,287▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,267€5,348▼
Other operating charges640/8€131€961▲
Gross operating margin9900€140,941€120,151▼
Operating profit (loss)9901€51,975€38,555▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€212€168▼
Recurring financial charges65€212€168▼
Profit (loss) for the period before taxes9903€51,762€38,387▼
Income taxes67/77€16,374€20,261▲
Profit (loss) for the period9904€35,388€18,126▼
Profit (loss) for the period to be appropriated9905€35,388€18,126▼
Appropriation of the result
Profit (loss) to be appropriated9906€333,279€351,405▲
Profit (loss) brought forward from the previous period14P€297,891€333,279▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62--€80,112€76,569€75,287▼ 1.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,287€10,789€11,999€12,267€5,348▼ 56.4%
Other operating charges640/8--€2,667€131€961▲ 634%
Gross operating margin9900€71,125€183,046€147,812€140,941€120,151▼ 14.8%
Operating profit (loss)9901€60,279€162,714€53,034€51,975€38,555▼ 25.8%
Financial income75/76B----€0-
Recurring financial income75€0---€0-
Financial charges65/66B--€327€212€168▼ 21.0%
Recurring financial charges65€164€26€327€212€168▼ 21.0%
Profit (loss) for the period before taxes9903€60,115€162,688€52,707€51,762€38,387▼ 25.8%
Income taxes67/77€36,394€13,531€36,567€16,374€20,261▲ 23.7%
Profit (loss) for the period9904€23,721€149,157€16,140€35,388€18,126▼ 48.8%
Profit (loss) for the period to be appropriated9905€23,721€149,157€16,140€35,388€18,126▼ 48.8%
Line20202021202220232024Change
Assets
Total assets20/58€168,440€373,823€346,828€410,065€420,258▲ 2.5%
Fixed assets21/28€25,863€33,083€21,084€10,426€14,355▲ 37.7%
Tangible fixed assets22/27€25,813€32,933€20,934€10,276€14,205▲ 38.2%
Plant, machinery and equipment23--€385€1,340€8,620▲ 543%
Furniture and vehicles24--€20,549€8,935€5,585▼ 37.5%
Financial fixed assets28€50€150€150€150€150=
Current assets29/58€142,578€340,739€325,744€399,639€405,903▲ 1.6%
Amounts receivable within one year40/41€1,253€78,146€73,055€111,220€120,776▲ 8.6%
Trade receivables40--€72,464€110,089€120,776▲ 9.7%
Other amounts receivable41--€591€1,132--
Cash at bank and in hand54/58€139,344€258,083€251,628€281,877€285,128▲ 1.2%
Deferred charges and accrued income490/1--€1,060€6,541--
Equity and liabilities
Total equity and liabilities10/49€168,440€373,823€346,828€410,065€420,258▲ 2.5%
Equity10/15€144,994€294,151€310,291€345,679€363,805▲ 5.2%
Contributions10/11€12,400€12,400€12,400€12,400€12,400=
Outside capital11--€12,400---
Other1109/19--€12,400---
Profit (loss) carried forward14€132,594€281,751€297,891€333,279€351,405▲ 5.4%
Amounts payable17/49€23,446€79,671€36,537€64,386€56,453▼ 12.3%
Amounts payable within one year42/48€23,446€79,671€36,537€64,386€56,453▼ 12.3%
Trade debts44€1,014€9,429€348€7,522€795▼ 89.4%
Suppliers440/4--€348€7,522€795▼ 89.4%
Taxes, remuneration and social security45--€31,656€52,331€21,818▼ 58.3%
Taxes450/3--€16,598€18,247€14,113▼ 22.7%
Remuneration and social security454/9--€15,058€34,085€7,705▼ 77.4%
Other amounts payable47/48--€4,533€4,533€33,839▲ 647%
Line20202021202220232024Change
Profit (loss) for the period9904€23,721€149,157€16,140€35,388€18,126▼ 48.8%
+ Depreciation and write-downs630€9,287€10,789€11,999€12,267€5,348▼ 56.4%
Operating cash flow (approximation)€33,008€159,946€28,139€47,655€23,474▼ 50.7%
Investment in fixed assets (approximation)--€18,010€0-€1,608-€9,277▼ 477%
Change in cash-€118,740-€6,455€30,249€3,250▼ 89.3%

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

2024
31-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
25-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial Weakest financial yearnet €16,140 ▼89.2%
Net result drops to €16,140, the lowest in the series; recovery starts the following year.
31-03
Financial Liquidity doublescurrent ratio 8.92
Current ratio from 4.28 to 8.92; short-term debt falls from €79,671 to €36,537.
2021
29-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial Highest result since 2019net €149,157 ▲529%
Operating result €162,714, net result €149,157, both a record.
31-03
Financial Equity above €200,000Eq €294,151 ▲103%
3 profitable years in a row build equity to €294,151.
2020
28-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 58 days late
31-03
Financial Liquidity triplescurrent ratio 6.08
Current ratio from 2.06 to 6.08; short-term debt falls from €81,217 to €23,446.
2019
28-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
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, Seneffe · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
2,034 m²
Building footprint
235 m²
Volume, LiDAR
569 m³
2 parcels, Wallonia · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
CLEAR TRUE
Drève des Dix Mètres 77, 1410 WaterlooActivities of head offices; management consultancy activities
since 20172.272.094.148
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52063D0018/00G000 Wallonia 1,733 m² 1 · 178 m² -
25762F0424/00_000 Wallonia 301 m² 1 · 57 m² 11.6 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. 36,991 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded29-12-2017
Fiscal year end31-03
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0686926581
Also 9925:BE0686926581
Registered 11-04-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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