CLEVERLAND
ActiveCLEVERLAND has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €105k and a net result of €29k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 67% of 2464 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability92▼-5
Solvency93▲+9
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.29 against 1.95 in 2023; short-term debt: 32.4% and cash: 2.1% of total assets), and 32.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← 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 · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €105k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-10-2025, 78 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
not confirmed
2024
78 d late
2023
69 d late
2022
85 d late
2021
144 d late
2020
89 d late
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€105k▲ 39.0%
2023 · €75k
2018: €76k
2019: €77k
2020: €80k
2021: €59k
2022: €55k
2023: €75k
2018 → 2024
Total assets
€155k▲ 22.2%
2023 · €127k
2018: €102k
2019: €127k
2020: €129k
2021: €125k
2022: €109k
2023: €127k
2018 → 2024
Net result
€29k▲ 0.8%
2023 · €29k
2018: €14k
2019: €1k
2020: €3k
2021: €659
2022: €21k
2023: €29k
2018 → 2024
Working capital
€64k▲ 32.0%
2023 · €49k
2018: €71k
2019: €48k
2020: €56k
2021: €37k
2022: €26k
2023: €49k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€80k-€59k▼ 26.6%€55k▼ 6.9%€75k▲ 37.2%€105k▲ 39.0%
Operating result€4k-€-1k€32k€45k▲ 38.0%€45k▼ 0.3%
Net result€3k-€659▼ 81.0%€21k▲ 3,081%€29k▲ 39.0%€29k▲ 0.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 0% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €155k
Fixed assets
€40k▲ 52.0%
Current assets
€115k▲ 14.3%
Equity and liabilities €155k
Equity
€105k▲ 39.0%
Debt
€50k▼ 2.4%
The debt ratio falls from 40.5% to 32.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51k▼
2023 · €51k
Cash flow
€35k▼
2023 · €36k
Solvency
67.6%▲
2023 · 59.5%
Current ratio
2.29▲
2023 · 1.95
Quick ratio
1.70▲
2023 · 1.37
Debt / equity
0.48▼
2023 · 0.68
ROE
28.1%▼
2023 · 38.7%
ROA
19.0%▼
2023 · 23.0%
Interest coverage
60.17▼
2023 · 94.74
Debt
€50k▼
2023 · €51k
Debt ≤ 1 year
€50k▼
2023 · €51k
Income taxes
€16k▼
2023 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€127k€155k▲
Fixed assets21/28€26k€40k▲
Intangible fixed assets21€597€385▼
Tangible fixed assets22/27€26k€40k▲
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€4k€1k▼
Other tangible fixed assets26€16k€34k▲
Current assets29/58€100k€115k▲
Amounts receivable after more than one year29€22k€22k=
Other amounts receivable291€22k€22k=
Stocks and contracts in progress3€30k€30k=
Stocks30/36€30k€30k=
Amounts receivable within one year40/41€43k€59k▲
Trade receivables40€27k€50k▲
Other amounts receivable41€16k€10k▼
Cash at bank and in hand54/58€5k€3k▼
Deferred charges and accrued income490/1€825€761▼
Equity and liabilities
Total equity and liabilities10/49€127k€155k▲
Equity10/15€75k€105k▲
Contributions10/11€19k€19k=
Reserves13€50k€80k▲
Distributable reserves133€50k€80k▲
Profit (loss) carried forward14€6k€6k=
Amounts payable17/49€51k€50k▼
Amounts payable within one year42/48€51k€50k▼
Current portion of amounts payable after more than one year42€17k€14k▼
Trade debts44€8k€28k▲
Suppliers440/4€8k€28k▲
Advances received on contracts in progress46€30€3k▲
Taxes, remuneration and social security45€16k€4k▼
Taxes450/3€16k€4k▼
Other amounts payable47/48€10k€1k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Other operating charges640/8€570€584▲
Gross operating margin9900€52k€51k▼
Operating profit (loss)9901€45k€45k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€542€841▲
Recurring financial charges65€542€841▲
Profit (loss) for the period before taxes9903€46k€45k▼
Income taxes67/77€17k€16k▼
Profit (loss) for the period9904€29k€29k▲
Profit (loss) for the period to be appropriated9905€29k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€35k€35k▲
Profit (loss) brought forward from the previous period14P€6k€6k=
Transfer from equity791/2€9k-
Transfer to equity691/2€29k€29k▲
To other reserves6921€29k€29k▲
Profit to be distributed694/7€9k-
Return on contributions (dividend)694€9k-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 78 days late
2024
31-12
Financial
Highest result since 2018net €29k ▲0.8%
Net result €29k, the highest in the series.
31-12
Financial
Equity above €100kEq €105k ▲39%
7 profitable years in a row build equity to €105k.
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 85 days late
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 144 days late
2021
31-12
Financial
Weakest financial yearnet €659 ▼81%
Net result drops to €659, the lowest in the series; recovery starts the following year.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
2016
19-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 50 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Elsene · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hector Denisstraat 501050 ElseneGround area
288 m²
Building footprint
155 m²
Volume, LiDAR
2,908 m³
Parcel 21447B0273/00Z004, Brussels · tallest building 22.0 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
CLEVERLAND
since 20102.192.617.890
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0273/00Z004 | Brussels | 288 m² | 1 · 155 m² | 21.9 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Masterworkx
BE 1000.124.240
Gent · Eq €105k
Peter Goodwright Studio
BE 0758.510.504
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Creative Workers - Creatieve Werkers
BE 0446.917.602
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HELIX ART & TECHNICS
BE 0646.951.990
Sint-Niklaas · Eq €101k
ARTIFICIAL PINE ARCH MANUFACTURING
BE 0681.965.626
Kapelle-op-den-Bos · Eq €110k
Of 1,989 companies in sector 90120 we hold annual accounts for 208. 149 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-10-2010
Fiscal year end31-12
Activities, NACEBEL
90032Arts creation and performing arts activities
90120Visual arts creation
70200Business and other management consultancy
85593Socio-cultural adult education
85599Other education
90021Arts creation and performing arts activities
90029Arts creation and performing arts activities
90031Arts creation and performing arts activities
90111Literary creation
90391Promotion and organisation of arts and performing arts events
90399Other support activities for arts and performing arts
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.