Cleophas
ActiveSummary
Cleophas has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €846,694 and a net result of €95,622. Equity is growing by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 76% of 2940 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability77▲+1
Solvency83▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 3.33 against 3.11 in 2023; short-term debt: 20.5% and cash: 6.7% of total assets), and 42.4% of the assets are financed with debt.
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Signals
Four 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 2024Solvency, return and age of the figures
Solvency
57.6%
Return on assets
6.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
35 d early
2022
39 d early
2021
39 d early
2020
30 d late
2019
98 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
In the rankings
#2 company by total assets in Buggenhout, Accommodation and food service sector#3 fastest grower in Buggenhout#3 company by equity in Buggenhout, Accommodation and food service sector
Equity
€846,694▲ 12.7%
2023 · €751,071
Total assets
€1.5m▲ 20.2%
2023 · €1.2m
Net result
€95,622▲ 44.6%
2023 · €66,123
Working capital
€702,264▲ 17.8%
2023 · €595,985
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€103,306▲ 37.8%€223,139▲ 116%€150,441▼ 32.6%€74,671▼ 50.4%€117,170▲ 56.9%
Net result€84,879above the sector's middle half▲ 131%€180,745above the sector's middle half▲ 113%€122,964above the sector's middle half▼ 32.0%€66,123within the sector's middle half▼ 46.2%€95,622above the sector's middle half▲ 44.6%
Equity€381,239above the sector's middle half▲ 28.6%€561,985above the sector's middle half▲ 47.4%€684,948above the sector's middle half▲ 21.9%€751,071above the sector's middle half▲ 9.7%€846,694above the sector's middle half▲ 12.7%
Total assets€705,695within the sector's middle half▲ 6.8%€925,394above the sector's middle half▲ 31.1%€1.2mabove the sector's middle half▲ 27.4%€1.2mabove the sector's middle half▲ 3.6%€1.5mabove the sector's middle half▲ 20.2%
Debt€324,455▼ 11.0%€363,409▲ 12.0%€494,379▲ 36.0%€471,067▼ 4.7%€622,817▲ 32.2%
Working capital€278,181above the sector's middle half▲ 87.0%€455,840above the sector's middle half▲ 63.9%€551,363above the sector's middle half▲ 21.0%€595,985above the sector's middle half▲ 8.1%€702,264above the sector's middle half▲ 17.8%
Solvency54.0%above the sector's middle half▲ 9.2pp60.7%above the sector's middle half▲ 6.7pp58.1%above the sector's middle half▼ 2.6pp61.5%above the sector's middle half▲ 3.4pp57.6%above the sector's middle half▼ 3.8pp
Current ratio2.66above the sector's middle half▲ 1.032.91above the sector's middle half▲ 0.252.60above the sector's middle half▼ 0.313.11above the sector's middle half▲ 0.503.33above the sector's middle half▲ 0.23
Return on assets (ROA)12.0%above the sector's middle half▲ 6.5pp19.5%within the sector's middle half▲ 7.5pp10.4%within the sector's middle half▼ 9.1pp5.4%within the sector's middle half▼ 5.0pp6.5%within the sector's middle half▲ 1.1pp
Staff (FTE)13.6above the sector's middle half▼ 13.4%13.3above the sector's middle half▼ 2.2%13.8within the sector's middle half▲ 3.8%19.1above the sector's middle half▲ 38.4%19.8above the sector's middle half▲ 3.7%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 57% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.5m
Fixed assets
€466,350 ▲ 35.9%
Current assets
€1.0m ▲ 14.1%
Equity and liabilities €1.5m
Equity
€846,694 ▲ 12.7%
Debt
€622,817 ▲ 32.2%
Debt's share of the balance-sheet total rises from 38.5% to 42.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€205,600▲
2023 · €149,219
Cash flow
€184,053▲
2023 · €140,672
Quick ratio
3.28▲
2023 · 3.06
Debt to equity
0.74▲
2023 · 0.63
ROE
11.3%▲
2023 · 8.8%
Interest coverage
11.15▲
2023 · 10.97
Debt ≤ 1 year
€300,896▲
2023 · €283,039
Debt > 1 year
€321,921▲
2023 · €174,266
Income taxes
€32,109▲
2023 · €23,781
Staff costs
€898,993▲
2023 · €857,839
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,129 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €18,435 | €12,250 | €2,500 | ▼ 79.6% |
| Remuneration, social security and pensions62 | - | €403,956 | €714,777 | €857,839 | €898,993 | ▲ 4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €71,728 | €59,515 | €58,320 | €74,549 | €88,430 | ▲ 18.6% |
| Other operating charges640/8 | - | €3,673 | €3,138 | €3,099 | €3,651 | ▲ 17.8% |
| Gross operating margin9900 | €536,501 | €690,283 | €926,676 | €1.0m | €1.1m | ▲ 9.7% |
| Operating profit (loss)9901 | €103,306 | €223,139 | €150,441 | €74,671 | €117,170 | ▲ 56.9% |
| Financial income75/76B | - | €7,129 | €22,636 | €28,830 | €29,007 | ▲ 0.6% |
| Recurring financial income75 | €9,112 | €7,129 | €22,636 | €28,830 | €29,007 | ▲ 0.6% |
| Financial charges65/66B | - | €9,273 | €11,732 | €13,597 | €18,446 | ▲ 35.7% |
| Recurring financial charges65 | €15,910 | €9,273 | €11,732 | €13,597 | €18,446 | ▲ 35.7% |
| Profit (loss) for the period before taxes9903 | €96,507 | €220,995 | €161,345 | €89,904 | €127,731 | ▲ 42.1% |
| Income taxes67/77 | €11,628 | €40,250 | €38,381 | €23,781 | €32,109 | ▲ 35.0% |
| Profit (loss) for the period9904 | €84,879 | €180,745 | €122,964 | €66,123 | €95,622 | ▲ 44.6% |
| Profit (loss) for the period to be appropriated9905 | €84,879 | €180,745 | €122,964 | €66,123 | €95,622 | ▲ 44.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €705,695 | €925,394 | €1.2m | €1.2m | €1.5m | ▲ 20.2% |
| Fixed assets21/28 | €260,122 | €231,175 | €283,653 | €343,115 | €466,350 | ▲ 35.9% |
| Tangible fixed assets22/27 | €259,321 | €230,375 | €282,852 | €342,314 | €464,050 | ▲ 35.6% |
| Plant, machinery and equipment23 | - | €30,124 | €70,398 | €60,412 | €70,807 | ▲ 17.2% |
| Furniture and vehicles24 | - | €45,507 | €47,426 | €148,320 | €149,506 | ▲ 0.8% |
| Leasing and similar rights25 | - | €14,153 | €7,076 | €0 | €99,709 | - |
| Other tangible fixed assets26 | - | €140,591 | €157,952 | €133,583 | €144,028 | ▲ 7.8% |
| Financial fixed assets28 | €801 | €801 | €801 | €801 | €2,301 | ▲ 187% |
| Current assets29/58 | €445,573 | €694,219 | €895,675 | €879,024 | €1.0m | ▲ 14.1% |
| Stocks and contracts in progress3 | €19,625 | €14,425 | €14,211 | €13,215 | €16,211 | ▲ 22.7% |
| Stocks30/36 | - | €14,425 | €14,211 | €13,215 | €16,211 | ▲ 22.7% |
| Amounts receivable within one year40/41 | €367,622 | €450,466 | €776,880 | €791,164 | €887,271 | ▲ 12.1% |
| Trade receivables40 | - | €12,366 | €51,113 | €47,634 | €42,053 | ▼ 11.7% |
| Other amounts receivable41 | - | €438,100 | €725,767 | €743,530 | €845,218 | ▲ 13.7% |
| Cash at bank and in hand54/58 | €56,902 | €228,519 | €103,823 | €69,474 | €98,623 | ▲ 42.0% |
| Deferred charges and accrued income490/1 | - | €809 | €761 | €5,170 | €1,055 | ▼ 79.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €705,695 | €925,394 | €1.2m | €1.2m | €1.5m | ▲ 20.2% |
| Equity10/15 | €381,239 | €561,985 | €684,948 | €751,071 | €846,694 | ▲ 12.7% |
| Contributions10/11 | - | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Profit (loss) carried forward14 | €81,239 | €261,985 | €384,948 | €451,071 | €546,694 | ▲ 21.2% |
| Amounts payable17/49 | €324,455 | €363,409 | €494,379 | €471,067 | €622,817 | ▲ 32.2% |
| Amounts payable after more than one year17 | €157,063 | €97,030 | €150,068 | €174,266 | €321,921 | ▲ 84.7% |
| Financial debts170/4 | - | €97,030 | €150,068 | €174,266 | €321,921 | ▲ 84.7% |
| Amounts payable within one year42/48 | €167,392 | €238,379 | €344,312 | €283,039 | €300,896 | ▲ 6.3% |
| Current portion of amounts payable after more than one year42 | - | €142,373 | €84,983 | €83,341 | €136,009 | ▲ 63.2% |
| Trade debts44 | €48,147 | €82,783 | €187,354 | €129,192 | €108,345 | ▼ 16.1% |
| Suppliers440/4 | - | €82,783 | €187,354 | €129,192 | €108,345 | ▼ 16.1% |
| Taxes, remuneration and social security45 | - | €13,224 | €60,757 | €59,116 | €56,542 | ▼ 4.4% |
| Taxes450/3 | - | €79 | €18,494 | €3,894 | €222 | ▼ 94.3% |
| Remuneration and social security454/9 | - | €13,144 | €42,263 | €55,221 | €56,320 | ▲ 2.0% |
| Other amounts payable47/48 | - | - | €11,218 | €11,391 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €28,000 | €0 | €13,762 | €0 | ▼ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €84,879 | €180,745 | €122,964 | €66,123 | €95,622 | ▲ 44.6% |
| + Depreciation and write-downs630 | €71,728 | €59,515 | €58,320 | €74,549 | €88,430 | ▲ 18.6% |
| Operating cash flow (approximation) | €156,607 | €240,261 | €181,283 | €140,672 | €184,053 | ▲ 30.8% |
| Investment in fixed assets (approximation) | - | -€30,569 | -€110,797 | -€134,011 | -€211,666 | ▼ 57.9% |
| Change in cash | - | €171,617 | -€124,696 | -€34,349 | €29,149 | ▲ 185% |
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
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €180,745 ▲113%
Operating result €223,139, net result €180,745, both a record.
31-12
Financial
Equity above €500,000Eq €561,985 ▲47.4%
4 profitable years in a row build equity to €561,985.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 98 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
2016
14-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 75 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Buggenhout · 1 establishment unit since 2006
Ground area
7,730 m²
Building footprint
710 m²
Volume, LiDAR
4,954 m³
2 parcels, Flanders · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Het Huis van Cleophas
since 20062.147.775.087
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42021A0060/00M000 | Flanders | 5,359 m² | 1 · 341 m² | 14.0 m · 4 fl. |
| 42522B0341/00W000 | Flanders | 2,370 m² | 1 · 368 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- de poort van cyriel
- Cleophas
Highest known parent: de poort van cyriel. The sources do not say who stands above it.
Owners 1
- de poort van cyrielparent80%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Food safety, FASFC
1 siteDendermonde2.147.775.087
Dual-learning approval
2 endedHulpkok (so)
Keukenmedewerker (so)
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Of 20,505 companies in sector 56111 we hold annual accounts for 11,464. 4,747 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
Founded27-06-2005
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
E-invoicing
Reachable via Peppol
Peppol ID
0208:0874689382
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.