Summary
CLEVAN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €392,180 and a net result of -€12,932. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 74% of 8074 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 02-03-2026, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
1 d early
2023
on the day
2022
on the day
2021
3 d early
2020
1 d late
2019
11 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 1 day after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-07-2026 close28-09-2026 today28-02-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€392,180▼ 3.2%
2024 · €405,112
Net result
-€12,932▼ 67.2%
2024 · -€7,735
Total assets
€512,272▼ 5.6%
2024 · €542,938
Solvency
76.6%▲ 1.9pp
2024 · 74.6%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
Line20212022202320242025
Operating result€576▼ 96.8%€64,763▲ 11,140%€35,210▼ 45.6%-€6,802-€12,843▼ 88.8%
Net result-€1,622below the sector's middle half€45,949within the sector's middle half€20,800within the sector's middle half▼ 54.7%-€7,735below the sector's middle half-€12,932below the sector's middle half▼ 67.2%
Equity€346,099within the sector's middle half▼ 0.5%€392,048within the sector's middle half▲ 13.3%€412,848above the sector's middle half▲ 5.3%€405,112above the sector's middle half▼ 1.9%€392,180above the sector's middle half▼ 3.2%
Total assets€570,919within the sector's middle half▲ 40.8%€604,907within the sector's middle half▲ 6.0%€611,460within the sector's middle half▲ 1.1%€542,938within the sector's middle half▼ 11.2%€512,272within the sector's middle half▼ 5.6%
Debt€219,559▲ 320%€193,886▼ 11.7%€180,735▼ 6.8%€121,045▼ 33.0%€104,406▼ 13.7%
Working capital€1,559▼ 97.0%€67,668▲ 4,240%€90,305▲ 33.5%€82,428▼ 8.7%€72,960▼ 11.5%
Solvency60.6%within the sector's middle half▼ 25.1pp64.8%within the sector's middle half▲ 4.2pp67.5%within the sector's middle half▲ 2.7pp74.6%within the sector's middle half▲ 7.1pp76.6%within the sector's middle half▲ 1.9pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
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 €12,843 in 2025 against €6,802 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €512,272
Fixed assets
€406,205 ▼ 5.8%
Current assets
€106,067 ▼ 5.1%
Equity and liabilities €512,272
Equity
€392,180 ▼ 3.2%
Provisions
€15,685 ▼ 6.5%
Debt
€104,406 ▼ 13.7%
Debt's share of the balance-sheet total falls from 22.3% to 20.4%. Equity and debt are lower.
Key figures and ratios
ROE
-3.3%▼
2024 · -1.9%
ROA
-2.5%▼
2024 · -1.4%
Debt ≤ 1 year
€33,107▲
2024 · €29,365
Debt > 1 year
€69,080▼
2024 · €91,680
Income taxes
€388▲
2024 · €127
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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €6,000 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €60,872 | €33,449 | €25,116 | €24,915 | €24,940 | ▲ 0.1% |
| Other operating charges640/8 | - | €2,611 | €3,526 | €3,922 | €2,851 | ▼ 27.3% |
| Gross operating margin9900 | €65,023 | €100,823 | €63,852 | €22,035 | €14,948 | ▼ 32.2% |
| Operating profit (loss)9901 | €576 | €64,763 | €35,210 | -€6,802 | -€12,843 | ▼ 88.8% |
| Financial income75/76B | - | €0 | €3 | €4 | €618 | ▲ 15,431% |
| Recurring financial income75 | €0 | €0 | €3 | €4 | €618 | ▲ 15,431% |
| Financial charges65/66B | - | €3,125 | €3,452 | €1,906 | €1,415 | ▼ 25.8% |
| Recurring financial charges65 | €2,158 | €3,125 | €3,452 | €1,906 | €1,415 | ▼ 25.8% |
| Profit (loss) for the period before taxes9903 | -€1,582 | €61,639 | €31,762 | -€8,704 | -€13,640 | ▼ 56.7% |
| Transfer from deferred taxes780 | - | €1,194 | €1,096 | €1,096 | €1,096 | = |
| Transfer to deferred taxes680 | - | €14,906 | - | - | - | - |
| Income taxes67/77 | €390 | €1,978 | €12,058 | €127 | €388 | ▲ 205% |
| Profit (loss) for the period9904 | -€1,622 | €45,949 | €20,800 | -€7,735 | -€12,932 | ▼ 67.2% |
| Transfer from tax-exempt reserves789 | - | €3,583 | €3,289 | €3,289 | €3,289 | = |
| Transfer to tax-exempt reserves689 | - | €44,718 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€568 | €4,815 | €24,089 | -€4,446 | -€9,643 | ▼ 117% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €570,919 | €604,907 | €611,460 | €542,938 | €512,272 | ▼ 5.6% |
| Fixed assets21/28 | €508,029 | €479,605 | €454,490 | €431,145 | €406,205 | ▼ 5.8% |
| Tangible fixed assets22/27 | €508,029 | €479,605 | €454,490 | €431,145 | €406,205 | ▼ 5.8% |
| Land and buildings22 | - | €479,605 | €454,490 | €429,864 | €405,238 | ▼ 5.7% |
| Furniture and vehicles24 | - | - | - | €1,281 | €967 | ▼ 24.5% |
| Current assets29/58 | €62,890 | €125,302 | €156,970 | €111,793 | €106,067 | ▼ 5.1% |
| Amounts receivable within one year40/41 | €8,387 | €12,038 | €8,608 | €2,548 | €1,094 | ▼ 57.0% |
| Trade receivables40 | - | €8,556 | €8,580 | €307 | €618 | ▲ 101% |
| Other amounts receivable41 | - | €3,482 | €29 | €2,241 | €477 | ▼ 78.7% |
| Current investments50/53 | - | - | - | - | €85,000 | - |
| Cash at bank and in hand54/58 | €53,294 | €112,748 | €146,471 | €107,179 | €19,349 | ▼ 81.9% |
| Deferred charges and accrued income490/1 | - | €516 | €1,891 | €2,066 | €623 | ▼ 69.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €570,919 | €604,907 | €611,460 | €542,938 | €512,272 | ▼ 5.6% |
| Equity10/15 | €346,099 | €392,048 | €412,848 | €405,112 | €392,180 | ▼ 3.2% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €17,661 | €58,795 | €78,506 | €75,217 | €71,928 | ▼ 4.4% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Tax-exempt reserves132 | - | €56,935 | €53,646 | €50,357 | €47,068 | ▼ 6.5% |
| Distributable reserves133 | - | - | €23,000 | €24,860 | €24,860 | = |
| Profit (loss) carried forward14 | €322,238 | €327,053 | €328,142 | €323,695 | €314,053 | ▼ 3.0% |
| Provisions and deferred taxes16 | €5,261 | €18,973 | €17,877 | €16,781 | €15,685 | ▼ 6.5% |
| Deferred taxes168 | - | €18,973 | €17,877 | €16,781 | €15,685 | ▼ 6.5% |
| Amounts payable17/49 | €219,559 | €193,886 | €180,735 | €121,045 | €104,406 | ▼ 13.7% |
| Amounts payable after more than one year17 | €158,228 | €136,252 | €114,070 | €91,680 | €69,080 | ▼ 24.7% |
| Financial debts170/4 | - | €136,252 | €114,070 | €91,680 | €69,080 | ▼ 24.7% |
| Amounts payable within one year42/48 | €61,331 | €57,633 | €66,665 | €29,365 | €33,107 | ▲ 12.7% |
| Current portion of amounts payable after more than one year42 | - | €21,976 | €22,182 | €22,390 | €22,600 | ▲ 0.9% |
| Trade debts44 | €2,504 | €2,509 | €3,019 | €4,390 | €3,152 | ▼ 28.2% |
| Suppliers440/4 | - | €2,509 | €3,019 | €4,390 | €3,152 | ▼ 28.2% |
| Taxes, remuneration and social security45 | - | €620 | €13,362 | €870 | €263 | ▼ 69.7% |
| Taxes450/3 | - | €620 | €13,362 | €270 | €263 | ▼ 2.6% |
| Remuneration and social security454/9 | - | - | - | €600 | - | - |
| Other amounts payable47/48 | - | €32,529 | €28,102 | €1,714 | €7,092 | ▲ 314% |
| Accrued charges and deferred income492/3 | - | - | - | - | €2,220 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,622 | €45,949 | €20,800 | -€7,735 | -€12,932 | ▼ 67.2% |
| + Depreciation and write-downs630 | €60,872 | €33,449 | €25,116 | €24,915 | €24,940 | ▲ 0.1% |
| Operating cash flow (approximation) | €59,250 | €79,398 | €45,915 | €17,180 | €12,008 | ▼ 30.1% |
| Investment in fixed assets (approximation) | - | -€5,025 | €0 | -€1,570 | €0 | ▲ 100% |
| Change in cash | - | €59,454 | €33,723 | -€39,292 | -€87,830 | ▼ 124% |
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
02-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
31-07
Financial
Weakest financial yearnet -€12,932
Net result drops to -€12,932, the lowest in the series.
27-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-07
Financial
Back to profitnet €45,949
Net result €45,949 after one loss-making year.
31-07
Financial
Liquidity doublescurrent ratio 2.17
Current ratio from 1.03 to 2.17; short-term debt falls from €61,331 to €57,633.
25-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
11-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
09-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Koksijde · 1 establishment unit since 2005
Ground area
500 m²
Building footprint
93 m²
Volume, LiDAR
529 m³
Parcel 38014F0395/00A000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CLEVAN
since 20052.149.837.427
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38014F0395/00A000 | Flanders | 500 m² | 1 · 93 m² | 7.7 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 14,239 EUR awarded · 14,239 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 7,247 EUR | 7,247 EUR |
| 2023 | 1 | 6,992 EUR | 6,992 EUR |
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 13,770 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
Founded10-10-2005
Fiscal year end31-07
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0876572568
Also
9925:BE0876572568
Registered
13-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.