CLEARWORK
ActiveCLEARWORK has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €77k and a net result of €-221. Equity is growing by ~19.4% per year across the filed fiscal years. Its solvency ranks better than 74% of 6714 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
70
/ 100
Healthy▼ -30 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-80
Solvency99▼-1
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.37 against 6.79 in 2023), and 36.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 2024Solvency, return and age of the figures
Solvency
63.3%
Return on assets
-0.2%
Age of the figures
20 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-08-2025, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
13 d late
2023
26 d late
2022
28 d late
2021
27 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€77k▼ 0.3%
2023 · €77k
2018: €22k
2019: €29k
2020: €40k
2021: €56k
2022: €65k
2023: €77k
2018 → 2024
Total assets
€122k▲ 39.4%
2023 · €87k
2018: €105k
2019: €45k
2020: €48k
2021: €61k
2022: €85k
2023: €87k
2018 → 2024
Net result
€-221
2023 · €12k
2018: €7k
2019: €7k
2020: €4k
2021: €16k
2022: €9k
2023: €12k
2018 → 2024
Working capital
€61k▲ 4.9%
2023 · €58k
2018: €13k
2019: €24k
2020: €38k
2021: €38k
2022: €43k
2023: €58k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€40k-€56k▲ 39.8%€65k▲ 16.7%€77k▲ 19.0%€77k▼ 0.3%
Operating result€5k-€19k▲ 274%€15k▼ 16.5%€24k▲ 55.8%€19k▼ 23.1%
Net result€4k-€16k▲ 261%€9k▼ 41.2%€12k▲ 32.5%€-221
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 23% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €122k
Fixed assets
€16k▼ 16.2%
Current assets
€106k▲ 54.9%
Equity and liabilities €122k
Equity
€77k▼ 0.3%
Debt
€45k▲ 344%
The debt ratio rises from 11.5% to 36.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€26k▼
2023 · €30k
Cash flow
€7k▼
2023 · €19k
Solvency
63.3%▼
2023 · 88.5%
Current ratio
2.37▼
2023 · 6.79
Quick ratio
2.37▼
2023 · 6.79
Debt / equity
0.58▲
2023 · 0.13
ROE
-0.3%▼
2023 · 16.0%
ROA
-0.2%▼
2023 · 14.1%
Interest coverage
4.84▲
2023 · 3.75
Debt
€45k▲
2023 · €10k
Debt ≤ 1 year
€45k▲
2023 · €10k
Income taxes
€13k▲
2023 · €4k
Staff costs
€210k▲
2023 · €143k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€87k€122k▲
Fixed assets21/28€19k€16k▼
Tangible fixed assets22/27€18k€15k▼
Plant, machinery and equipment23€11k€7k▼
Furniture and vehicles24€7k€7k▲
Financial fixed assets28€2k€2k=
Current assets29/58€68k€106k▲
Amounts receivable within one year40/41€33k€94k▲
Trade receivables40€429€39k▲
Other amounts receivable41€33k€55k▲
Cash at bank and in hand54/58€35k€12k▼
Deferred charges and accrued income490/1€650-
Equity and liabilities
Total equity and liabilities10/49€87k€122k▲
Equity10/15€77k€77k▼
Contributions10/11€19k€19k=
Reserves13€59k€59k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€57k€57k▼
Amounts payable17/49€10k€45k▲
Amounts payable within one year42/48€10k€45k▲
Trade debts44€1k€24k▲
Suppliers440/4€1k€24k▲
Taxes, remuneration and social security45€9k€21k▲
Taxes450/3€4k€8k▲
Remuneration and social security454/9€5k€13k▲
Income statement
Code20232024
Remuneration, social security and pensions62€143k€210k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€8k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€175k€239k▲
Operating profit (loss)9901€24k€19k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€8k€5k▼
Recurring financial charges65€8k€5k▼
Profit (loss) for the period before taxes9903€16k€13k▼
Income taxes67/77€4k€13k▲
Profit (loss) for the period9904€12k€-221▼
Profit (loss) for the period to be appropriated9905€12k€-221▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€-221▼
Transfer from equity791/2-€221
Transfer to equity691/2€12k-
To other reserves6921€12k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
31-12
Financial
Weakest financial yearnet €-221 ▼102%
Net result drops to €-221, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 6.79
Current ratio from 3.14 to 6.79; short-term debt falls from €20k to €10k.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 27 days late
2021
31-12
Financial
Highest result since 2018net €16k ▲261%
Net result €16k, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 5.58
Current ratio from 2.50 to 5.58; short-term debt falls from €16k to €8k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 2.50
Current ratio from 1.15 to 2.50; short-term debt falls from €83k to €16k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Aartselaar · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Oeyvaersbosch 32630 AartselaarGround area
463 m²
Building footprint
4,630 m²
Volume, LiDAR
31,038 m³
Parcel 11372D0076/00D002, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CEKIC
since 20152.240.489.667
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11372D0076/00D002 | Flanders | 463 m² | 1 · 4,630 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
SDC
BE 0666.852.432
Beveren-Kruibeke-Zwijndrecht · Eq €77k
DE POORTERIJ
BE 0458.020.043
Kortrijk · Eq €77k
NEDER COMPANY
BE 0798.830.335
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AMPI
BE 0871.949.034
Brugge · Eq €77k
FONTIGNIE
BE 0439.221.740
Binche · Eq €77k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,864. 13,067 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-03-2015
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
49420Removal services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.