Equity
€635,922 ▲ 21.6%
CLEARSOURCE has made a profit without a break since 2021.
CLEARSOURCE
Lifetime
20 annual accounts with figures on one time axispeak €2.3m (2008)
€170,669▼ 53.4%
lowest -€56,656 (2020)
€113,174▼ 26.8%
peak €742,876 (2010)
€635,922▲ 21.6%
€426,035▼ 40.2%
peak 19.1 FTE (2019)
-not published
Board3 names since 2021
1 directorMuriel BRAGARD
Owners3 names in the annual accounts
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €366,632 to €170,669Result from €154,532 to €113,174Equity from €522,748 to €635,922Debts from €712,360 to €426,035Cash from €550,749 to €256,932
Key points
from the 2025 annual accountsChecked score
95
Excellent
Financially stronger than 58% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.2%▲ +0.1 percentage points vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025highest value
09-2025: < 0.1%▼ -0.3 percentage points vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 31 days late; 2 of the last 3 accounts late
lowers risk
Liquidity: current ratio 3.38, cash €256,932, halved
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €1.1m
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 70, micro). It does better than 55% of them on solvency, 60% on liquidity, 49% on profitability and 68% 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, 20,137 companies had the same profile as CLEARSOURCE has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of CLEARSOURCE itself: < 0.1% 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.
| 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 20,137 companies, not a prediction for CLEARSOURCE. 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 €60,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.38 (2.48 in 2024), above the usual 1.5. Short-term debt is 29.6% and cash 24.2% of total assets. 40.1% 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
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 days late
2024
29 days late
2023
61 days late
2022
23 days late
2021
52 days late
2020
61 days late
2019
83 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 49 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 31 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- FIND IT CONSULTING 20%score 90equity €8,060 (2025) · 2022 annual accounts of FIND IT CONSULTING
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0876098555
Appointment: Muriel BRAGARD (statutory director)
Cancellation of 3,720 shares · Reappointment: Muriel BRAGARD (statutory director) · “prévoir la consultance en recrutement” (deed in French) · General meeting of 19-12-2023 · Gazette deed
Resignations: Alban GAFFORI (director) and Nicolas CHRISTIDIS (director)
Director discharge: Alban GAFFORI · Director discharge: Nicolas CHRISTIDIS · General meeting of 09-10-2023 · Gazette deed
First establishment
Tervurenlaan 412, Woluwe-Saint-Pierre
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CLEARSOURCE Woluwe-Saint-Pierre | €1.1m | €170,669 | 59.9% | - |
| MORISET Woluwe-Saint-Pierre | €1.1m | €167,114 | 56.1% | - |
| WEAM Brussels | €1.0m | €152,589 | 75.7% | - |
| CCSA SERVICES Berchem-Sainte-Agathe | €1.2m | €185,217 | 39.3% | - |
| JAPPELOUP Brussels | €1.2m | €190,047 | 60.9% | - |
| TREETOP Watermael-Boitsfort | €0.9m | €152,638 | 46.0% | - |
| ECOGESO Uccle | €1.1m | €209,602 | 67.4% | - |
These companies have the same main activity as CLEARSOURCE: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €896,000 and €1.2m, founded between 2004 and 2007.
Official details
Source: KBO- Status
- Active since 16-09-2005Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.149.507.6271150 Woluwe-Saint-Pierre, since 20-10-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Insights on CLEARSOURCE
CLEARSOURCE files the abbreviated format. That format states no turnover. The gross margin fell from €820,874 in 2006 to €170,669 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 CLEARSOURCE
- What is the company number of CLEARSOURCE?
- The company number of CLEARSOURCE is 0876.098.555. The VAT number is the same number with BE in front: BE 0876.098.555.
- Where is CLEARSOURCE based?
- The registered office is at Langestraat 90, 1150 Woluwe-Saint-Pierre.Company details
- What does CLEARSOURCE do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of CLEARSOURCE?
- CLEARSOURCE is a private limited company (BV).
- When was CLEARSOURCE founded?
- CLEARSOURCE was founded on 16-09-2005.
- Is CLEARSOURCE still active?
- Yes, CLEARSOURCE is an active enterprise in the KBO register.
- How many employees does CLEARSOURCE have?
- CLEARSOURCE had an average of 4.9 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of CLEARSOURCE?
- The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €170,669 and 93 comparable companies (NACE 70200). It probably lies between €220,000 and €360,000.
- Is CLEARSOURCE profitable?
- In financial year 2025, CLEARSOURCE made a profit of €113,174.
- Where can I find the annual accounts of CLEARSOURCE?
- CLEARSOURCE filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CLEARSOURCE due?
- CLEARSOURCE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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