CLEMENTINE
ActiveSummary
CLEMENTINE has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26k and a net result of €15k. Equity is growing by ~35.4% per year across the filed fiscal years. Its solvency ranks better than 32% of 3705 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+14
Solvency37▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.04 against 0.92 in 2024; short-term debt: 87.7% and cash: 37.6% of total assets), and 87.7% of the assets are financed with debt.
Credit check 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
12.3%
Return on assets
6.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 10 filingsDeviation from the deadline
2025
30 d late
2024
58 d late
2023
23 d late
2022
4 d early
2021
7 d early
2020
23 d late
2019
7 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15k▲ 34.5%
2024 · €11k
2018: €27k
2019: €-37k▼ -236% vs 2018lowest in 8 years
2020: €16k▲ +144% vs 2019
2021: €55k▲ +244% vs 2020highest in 8 years
2022: €-677▼ -101% vs 2021
2023: €-27k▼ -3924% vs 2022
2024: €11k▲ +140% vs 2023
2025: €15k▲ +34.5% vs 2024
2018 → 2025
Working capital
€7k
2024 · €-14k
2018: €-28k
2019: €-74k▼ -164% vs 2018lowest in 8 years
2020: €-51k▲ +31.0% vs 2019
2021: €5k▲ +109% vs 2020
2022: €1k▼ -78.0% vs 2021
2023: €-33k▼ -3230% vs 2022
2024: €-14k▲ +55.6% vs 2023
2025: €7k▲ +151% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€29k-€28k▼ 2.3%€913▼ 96.8%€12k▲ 1,186%€26k▲ 124%
2021: €29khighest in 5 years
2022: €28k▼ -2.3% vs 2021
2023: €913▼ -96.8% vs 2022lowest in 5 years
2024: €12k▲ +1186% vs 2023
2025: €26k▲ +124% vs 2024
Operating result€68k-€5k▼ 92.4%€-21k€17k€24k▲ 38.1%
2021: €68khighest in 5 years
2022: €5k▼ -92.4% vs 2021
2023: €-21k▼ -509% vs 2022lowest in 5 years
2024: €17k▲ +183% vs 2023
2025: €24k▲ +38.1% vs 2024
Net result€55k-€-677€-27k▼ 3,924%€11k€15k▲ 34.5%
2021: €55khighest in 5 years
2022: €-677▼ -101% vs 2021
2023: €-27k▼ -3924% vs 2022lowest in 5 years
2024: €11k▲ +140% vs 2023
2025: €15k▲ +34.5% vs 2024
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 38% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €215k
Fixed assets
€19k ▼ 27.5%
Current assets
€196k ▲ 15.1%
Equity and liabilities €215k
Equity
€26k ▲ 124%
Debt
€188k ▲ 2.1%
Debt's share of the balance-sheet total falls from 94.0% to 87.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€35k▲
2024 · €29k
Cash flow
€25k▲
2024 · €23k
Current ratio
1.04▲
2024 · 0.92
Quick ratio
0.76▲
2024 · 0.61
Debt to equity
7.16▼
2024 · 15.72
ROE
55.4%▼
2024 · 92.2%
ROA
6.8%▲
2024 · 5.5%
Interest coverage
6.74▲
2024 · 4.50
Debt ≤ 1 year
€188k▲
2024 · €185k
Income taxes
€4k▲
2024 · €160
Staff costs
€518k▼
2024 · €525k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €334k | €525k | €592k | €525k | €518k | ▼ 1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €15k | €14k | €12k | €11k | ▼ 9.7% |
| Other operating charges640/8 | €666 | €2k | €5k | €6k | €4k | ▼ 40.1% |
| Gross operating margin9900 | €416k | €547k | €590k | €560k | €557k | ▼ 0.6% |
| Operating profit (loss)9901 | €68k | €5k | €-21k | €17k | €24k | ▲ 38.1% |
| Financial income75/76B | €1k | €771 | €2 | €24 | €20 | ▼ 15.3% |
| Recurring financial income75 | €1k | €771 | €2 | €24 | €20 | ▼ 15.3% |
| Financial charges65/66B | €6k | €6k | €6k | €7k | €5k | ▼ 20.8% |
| Recurring financial charges65 | €6k | €6k | €6k | €7k | €5k | ▼ 20.8% |
| Profit (loss) for the period before taxes9903 | €63k | €274 | €-27k | €11k | €19k | ▲ 73.0% |
| Income taxes67/77 | €8k | €951 | €154 | €160 | €4k | ▲ 2,679% |
| Profit (loss) for the period9904 | €55k | €-677 | €-27k | €11k | €15k | ▲ 34.5% |
| Profit (loss) for the period to be appropriated9905 | €55k | €-677 | €-27k | €11k | €15k | ▲ 34.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €219k | €196k | €211k | €196k | €215k | ▲ 9.4% |
| Fixed assets21/28 | €27k | €32k | €35k | €26k | €19k | ▼ 27.5% |
| Tangible fixed assets22/27 | €27k | €32k | €35k | €26k | €19k | ▼ 27.5% |
| Plant, machinery and equipment23 | €9k | €14k | €10k | €6k | €3k | ▼ 50.9% |
| Furniture and vehicles24 | €18k | €18k | €25k | €20k | €16k | ▼ 20.1% |
| Current assets29/58 | €191k | €164k | €176k | €170k | €196k | ▲ 15.1% |
| Stocks and contracts in progress3 | €29k | €47k | €50k | €57k | €53k | ▼ 6.0% |
| Stocks30/36 | €29k | €47k | €50k | €57k | €53k | ▼ 6.0% |
| Amounts receivable within one year40/41 | €30k | €19k | €20k | €32k | €56k | ▲ 74.8% |
| Trade receivables40 | €99 | €436 | €8k | €18k | €33k | ▲ 83.4% |
| Other amounts receivable41 | €30k | €19k | €12k | €14k | €22k | ▲ 63.4% |
| Cash at bank and in hand54/58 | €131k | €97k | €105k | €81k | €81k | ▼ 0.3% |
| Deferred charges and accrued income490/1 | €668 | €792 | €726 | €759 | €6k | ▲ 733% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €219k | €196k | €211k | €196k | €215k | ▲ 9.4% |
| Equity10/15 | €29k | €28k | €913 | €12k | €26k | ▲ 124% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €10k | €10k | €-18k | €-7k | €8k | ▲ 213% |
| Amounts payable17/49 | €190k | €168k | €210k | €185k | €188k | ▲ 2.1% |
| Amounts payable after more than one year17 | €3k | €5k | €2k | - | - | - |
| Financial debts170/4 | €3k | €5k | €2k | - | - | - |
| Amounts payable within one year42/48 | €187k | €163k | €208k | €185k | €188k | ▲ 2.1% |
| Current portion of amounts payable after more than one year42 | €7k | €6k | €3k | €2k | - | - |
| Trade debts44 | €126k | €89k | €115k | €110k | €113k | ▲ 2.9% |
| Suppliers440/4 | €126k | €89k | €115k | €110k | €113k | ▲ 2.9% |
| Advances received on contracts in progress46 | - | €1k | €3k | €4k | €1k | ▼ 60.9% |
| Taxes, remuneration and social security45 | €54k | €67k | €87k | €67k | €60k | ▼ 11.3% |
| Taxes450/3 | €1k | €24k | €21k | €20k | €9k | ▼ 52.9% |
| Remuneration and social security454/9 | €53k | €43k | €66k | €47k | €50k | ▲ 6.0% |
| Other amounts payable47/48 | €209 | €214 | €707 | €2k | €14k | ▲ 725% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €55k | €-677 | €-27k | €11k | €15k | ▲ 34.5% |
| + Depreciation and write-downs630 | €13k | €15k | €14k | €12k | €11k | ▼ 9.7% |
| Operating cash flow (approximation) | €69k | €14k | €-13k | €23k | €25k | ▲ 11.4% |
| Investment in fixed assets (approximation) | - | €-20k | €-17k | €-3k | €-3k | ▼ 23.0% |
| Change in cash | - | €-34k | €8k | €-24k | €-219 | ▲ 99.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 30 days late
2025
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 58 days late
2024
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 23 days late
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €55k ▲244%
Operating result €68k, net result €55k, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 7 days late
2019
31-12
Financial
Weakest financial yearnet €-37k
Net result drops to €-37k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 10 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Marche-en-Famenne · 1 establishment unit since 2008
Ground area
306 m²
Building footprint
107 m²
Parcel 83034A0482/00X000, Wallonia. Linked by address, not a title deed.
1 establishment unit
MandaBar
since 20082.174.401.884
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83034A0482/00X000 | Wallonia | 306 m² | 1 · 107 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMarche-en-Famenne2.174.401.884
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Of 20,501 companies in sector 56111 we hold annual accounts for 11,452. 9,268 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
Founded13-10-2008
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
47639Retail sale of other sporting goods
56112Limited-service restaurants, excluding mobile food services
82300Organisation of conventions and trade shows
93110Operation of sports facilities
Contact
Phone
0495/846.592Marche-en-Famenne
Phone
084/44.59.00Marche-en-Famenne
Scores and ratios are computed by Checked and are not a credit decision.