CLEOBAT
ActiveSummary
The computed 12-month bankruptcy probability of CLEOBAT is 3.1% (moderate). The 2025 annual accounts show negative equity (€-2k) and a net result of €-1k. Equity is shrinking by ~62.3% per year across the filed fiscal years. Its solvency ranks better than 9% of 27965 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability18=
Solvency24▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.99 against 1.0 in 2024; short-term debt: 100.6% and cash: 0.9% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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 2025Solvency, return and age of the figures
Solvency
-1.1%
Return on assets
-0.8%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-2k
neutral · Filed after the deadline
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. 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 · 6 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
31 d late
2022
7 d early
2021
22 d late
2020
13 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, micro schema
Equity
€-2k▼ 226%
2024 · €-643
2020: €5khighest in 6 years
2021: €3k▼ -49.7% vs 2020
2022: €3k▲ +9.6% vs 2021
2023: €885▼ -70.2% vs 2022
2024: €-643▼ -173% vs 2023
2025: €-2k▼ -226% vs 2024lowest in 6 years
2020 → 2025
Total assets
€190k▼ 0.3%
2024 · €190k
2020: €188k
2021: €183k▼ -2.6% vs 2020lowest in 6 years
2022: €184k▲ +0.6% vs 2021
2023: €191k▲ +3.7% vs 2022highest in 6 years
2024: €190k▼ -0.3% vs 2023
2025: €190k▼ -0.3% vs 2024
2020 → 2025
Net result
€-1k▲ 5.0%
2024 · €-2k
2020: €-5klowest in 6 years
2021: €-3k▲ +42.0% vs 2020
2022: €261▲ +110% vs 2021highest in 6 years
2023: €-2k▼ -898% vs 2022
2024: €-2k▲ +26.7% vs 2023
2025: €-1k▲ +5.0% vs 2024
2020 → 2025
Working capital
€-1k▼ 120%
2024 · €-547
2020: €-153k
2021: €-165k▼ -7.5% vs 2020lowest in 6 years
2022: €3k▲ +102% vs 2021highest in 6 years
2023: €834▼ -66.9% vs 2022
2024: €-547▼ -166% vs 2023
2025: €-1k▼ -120% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€3k▲ 9.6%€885▼ 70.2%€-643€-2k▼ 226%
2021: €3k
2022: €3k▲ +9.6% vs 2021highest in 5 years
2023: €885▼ -70.2% vs 2022
2024: €-643▼ -173% vs 2023
2025: €-2k▼ -226% vs 2024lowest in 5 years
Operating result€-2k-€378€-2k€-1k▲ 26.0%€-1k▲ 6.2%
2021: €-2klowest in 5 years
2022: €378▲ +115% vs 2021highest in 5 years
2023: €-2k▼ -580% vs 2022
2024: €-1k▲ +26.0% vs 2023
2025: €-1k▲ +6.2% vs 2024
Net result€-3k-€261€-2k€-2k▲ 26.7%€-1k▲ 5.0%
2021: €-3klowest in 5 years
2022: €261▲ +110% vs 2021highest in 5 years
2023: €-2k▼ -898% vs 2022
2024: €-2k▲ +26.7% vs 2023
2025: €-1k▲ +5.0% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2025 against €1k in 2024; the loss shrinks.
Key figures and ratios
EBITDA
€-1k▼
2024 · €-1k
Cash flow
€-1k▼
2024 · €-1k
Solvency
-1.1%▼
2024 · -0.3%
Current ratio
0.99▼
2024 · 1.00
Quick ratio
0.02▼
2024 · 0.03
Debt to equity
-91.58
ROA
-0.8%▲
2024 · -0.8%
Interest coverage
-6.51▼
2024 · -5.71
Debt
€192k▲
2024 · €191k
Debt ≤ 1 year
€191k=
2024 · €191k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet
Code20242025
Assets
Total assets20/58€190k€190k▼
Formation expenses20€0-
Current assets29/58€190k€190k▼
Stocks and contracts in progress3€186k€186k=
Stocks30/36€186k€186k=
Amounts receivable within one year40/41€2k€2k=
Trade receivables40-€1k
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€190k€190k▼
Equity10/15€-643€-2k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€-11k€-12k▼
Amounts payable17/49€191k€192k▲
Amounts payable within one year42/48€191k€191k=
Trade debts44€1k€1k=
Suppliers440/4€1k€1k=
Other amounts payable47/48€190k€190k=
Accrued charges and deferred income492/3€96€889▲
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€1k€1k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€239€0▼
Other operating charges640/8€66€67▲
Gross operating margin9900€-1k€-1k▼
Operating profit (loss)9901€-1k€-1k▲
Financial income75/76B€7-
Recurring financial income75€7-
Financial charges65/66B€193€193=
Recurring financial charges65€193€193=
Profit (loss) for the period before taxes9903€-2k€-1k▲
Profit (loss) for the period9904€-2k€-1k▲
Profit (loss) for the period to be appropriated9905€-2k€-1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-12k▼
Profit (loss) brought forward from the previous period14P€-9k€-11k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €1k | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €1k | €300 | €1k | €1k | €1k | ▲ 14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €391 | €391 | €239 | €0 | ▼ 100% |
| Other operating charges640/8 | €307 | €63 | €164 | €66 | €67 | ▲ 2.0% |
| Gross operating margin9900 | €-1k | €832 | €-1k | €-1k | €-1k | ▼ 14.9% |
| Operating profit (loss)9901 | €-2k | €378 | €-2k | €-1k | €-1k | ▲ 6.2% |
| Financial income75/76B | - | - | - | €7 | - | - |
| Recurring financial income75 | - | - | - | €7 | - | - |
| Financial charges65/66B | €180 | €117 | €270 | €193 | €193 | = |
| Recurring financial charges65 | €180 | €117 | €270 | €193 | €193 | = |
| Profit (loss) for the period before taxes9903 | €-3k | €261 | €-2k | €-2k | €-1k | ▲ 5.0% |
| Profit (loss) for the period9904 | €-3k | €261 | €-2k | €-2k | €-1k | ▲ 5.0% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €261 | €-2k | €-2k | €-1k | ▲ 5.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €183k | €184k | €191k | €190k | €190k | ▼ 0.3% |
| Formation expenses20 | €1k | €630 | €239 | €0 | - | - |
| Fixed assets21/28 | €166k | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €166k | €0 | - | - | - | - |
| Land and buildings22 | €166k | €0 | - | - | - | - |
| Current assets29/58 | €16k | €184k | €191k | €190k | €190k | ▼ 0.3% |
| Stocks and contracts in progress3 | - | €168k | €185k | €186k | €186k | = |
| Stocks30/36 | - | €168k | €185k | €186k | €186k | = |
| Amounts receivable within one year40/41 | €6k | €5k | €1k | €2k | €2k | = |
| Trade receivables40 | - | - | - | - | €1k | - |
| Other amounts receivable41 | €6k | €5k | €1k | €2k | €1k | ▼ 50.5% |
| Cash at bank and in hand54/58 | €10k | €10k | €5k | €2k | €2k | ▼ 27.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €183k | €184k | €191k | €190k | €190k | ▼ 0.3% |
| Equity10/15 | €3k | €3k | €885 | €-643 | €-2k | ▼ 226% |
| Contributions10/11 | €10k | €10k | €10k | €10k | €10k | = |
| Outside capital11 | €10k | - | - | - | - | - |
| Other1109/19 | €10k | - | - | - | - | - |
| Profit (loss) carried forward14 | €-7k | €-7k | €-9k | €-11k | €-12k | ▼ 13.6% |
| Amounts payable17/49 | €181k | €181k | €190k | €191k | €192k | ▲ 0.4% |
| Amounts payable within one year42/48 | €181k | €181k | €190k | €191k | €191k | = |
| Trade debts44 | €500 | €1k | - | €1k | €1k | = |
| Suppliers440/4 | €500 | €1k | - | €1k | €1k | = |
| Other amounts payable47/48 | €180k | €180k | €190k | €190k | €190k | = |
| Accrued charges and deferred income492/3 | €87 | €180 | €187 | €96 | €889 | ▲ 829% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €261 | €-2k | €-2k | €-1k | ▲ 5.0% |
| + Depreciation and write-downs630 | €1k | €391 | €391 | €239 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €-2k | €652 | €-2k | €-1k | €-1k | ▼ 12.6% |
| Investment in fixed assets (approximation) | - | €166k | - | - | - | - |
| Change in cash | - | €-86 | €-5k | €-3k | €-659 | ▲ 75.1% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €261
Net result €261 after 2 loss-making years.
31-12
Financial
Liquidity times 12current ratio 1.01
Current ratio from 0.09 to 1.01.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Charleroi · 1 establishment unit since 2019
Ground area
1,533 m²
Building footprint
132 m²
Volume, LiDAR
685 m³
Parcel 52034B1181/00F098, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CLEOBAT
since 20192.291.805.340
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52034B1181/00F098 | Wallonia | 1,533 m² | 1 · 132 m² | 7.6 m · 2 fl. |
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.
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Of 7,863 companies in sector 43341 we hold annual accounts for 2,663. 270 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
Founded28-05-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
43240Other construction installation
43350Other building finishing work
43910Bricklaying and masonry work
Scores and ratios are computed by Checked and are not a credit decision.