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Clement - Verelst Partners

Active
Private limited companyfounded 2017active for 9 yearsMoerbergstraat 11, 2235 Hulshout, BelgiumKBO/BCE: BE 0681.979.581
Summary

The annual accounts of Clement - Verelst Partners for financial year 2025 show a net loss of 64% of the equity at the start of that year. The 2025 annual accounts show equity of €1,468 and a net result of -€2,666. Equity has been shrinking by about 18% per year since 2018. Its solvency ranks better than 14% of 34,902 sector peers (NACE 43, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Official details

Source: KBO
Status
Active since 02-10-2017 Normal situation
Activity
Painting of buildings NACE 43341and 5 others
Establishment unit
2.268.793.871 2235 Hulshout, since 02-10-2017
Financial year end
31 December
Peppol
Reachable since 06-12-2025

Board and ownership

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts 2025
Gross margin
€6,418
▼ 40.7%
Turnover
≈ €64,000
estimated
Loss
€2,666
Equity
€1,468
▼ 64.5%
Total assets
€15,588
▼ 26.9%
Filed on 24-06-2026, 37 days before the deadline
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €2,666 (financial year 2025)Sector: Specialised construction activities (NACE 43)Equity €1,468 (9.4% of total assets)lowers riskSize: total assets €15,588Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 15% of micro companies in specialised construction (NACE 43)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 34-10
equity 9.4% of total assets
Liquidity 28-9
short-term debt 90.6% · cash 22.2%
Profitability 50-30
return on assets -17.1%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 2.4% 01-2025: 2.4%● unchanged vs 12-2024 02-2025: 2.4%● unchanged vs 01-2025 03-2025: 2.4%● unchanged vs 02-2025 04-2025: 2.5%▲ +0.1 percentage points vs 03-2025highest value 05-2025: 2.3%▼ -0.2 percentage points vs 04-2025 06-2025: 2.3%● unchanged vs 05-2025 07-2025: 1.8%▼ -0.5 percentage points vs 06-2025 08-2025: 1.8%● unchanged vs 07-2025 09-2025: 1.8%● unchanged vs 08-2025 10-2025: 1.8%● unchanged vs 09-2025 11-2025: 1.5%▼ -0.3 percentage points vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.4%▼ -0.1 percentage points vs 12-2025 02-2026: 1.3%▼ -0.1 percentage points vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.4%▲ +0.1 percentage points vs 03-2026 05-2026: 1.3%▼ -0.1 percentage points vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 0.9%▼ -0.4 percentage points vs 06-2026 08-2026: 1.1%▲ +0.2 percentage points vs 07-2026 09-2026: 1.5%▲ +0.4 percentage points vs 08-2026 10-2026: 0.9%▼ -0.6 percentage points vs 09-2026lowest value 11-2026: 0.9%● unchanged vs 10-2026lowest value
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.61 (0.89 in 2024), below 1. Short-term debt is 90.6% and cash 22.2% of total assets. 90.6% of the assets are financed with debt and provisions.
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 43, micro). It does better than 14% of them on solvency, 17% on liquidity, 24% on profitability and 7% on growth.

The bankruptcy probability was computed on 01-11-2026 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

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €15,588
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €2,666 (financial year 2025)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Equity €1,468 (9.4% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 34902 sector peers (2025).
NBB · sector comparison
Position among 34902 sector peers
Solvency
better than 14%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
37 days early
2024
45 days early
2023
43 days early
2022
59 days late
2021
60 days late
2020
40 days early
2019
16 days early
← 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 9 days before the deadline. In the sector (NACE 43), 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 24 June (4 of the last 5 accounts filed within 96 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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

Key points

  • Caution: Less equity than 90% of companies in specialised constructionsector median €57,811 · 34,914 companies €1,468 View

Recent changes

  1. · Gazette deed Company renamed from Clement Schilder- & Decoratiewerken to Clement - Verelst PartnersAppointments: CLEMENT Christoph (director) and VERELST Ann Maria Fernand (director) · Permanent representative: CLEMENT Christoph
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as Clement - Verelst Partners: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €13,500 and €23,700, founded between 2016 and 2020.

CompanyTotal assetsGross margin
Clement - Verelst Partners Hulshout€15,588€6,418
Jomacy Décoration Grez-Doiceau€17,239€7,656
ABASSI CONSTRUCT Charleroi€13,522€6,349
MuurPuur Deinze€17,132€8,000
INNOVATIS Mechelen€23,703€7,360
IKON PROJECTS Rumst€22,318€5,766
Schilderwerken Neelen Essen€21,078€5,454
Full comparison

Key facts about Clement - Verelst Partners

What is the company number of Clement - Verelst Partners?
The company number of Clement - Verelst Partners is 0681.979.581. The VAT number is the same number with BE in front: BE 0681.979.581.
Where is Clement - Verelst Partners based?
The registered office is at Moerbergstraat 11, 2235 Hulshout.Company details
What does Clement - Verelst Partners do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of Clement - Verelst Partners?
The legal form of Clement - Verelst Partners is Private limited company (BV).
When was Clement - Verelst Partners founded?
Clement - Verelst Partners was founded on 02-10-2017.
Is Clement - Verelst Partners still active?
Yes, Clement - Verelst Partners is an active enterprise in the KBO register.
What is the turnover of Clement - Verelst Partners?
The turnover in financial year 2025 is ≈ €64,000. This figure is estimated from the gross margin of €6,418 and 163 comparable companies (NACE 433). It probably lies between €38,000 and €140,000. It is a rough estimate.Financials
Is Clement - Verelst Partners profitable?
In financial year 2025, Clement - Verelst Partners made a loss of €2,666.
Where can I find the annual accounts of Clement - Verelst Partners?
Clement - Verelst Partners filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Clement - Verelst Partners due?
Clement - Verelst Partners must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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