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Cleverstag

Active
Private limited companyfounded 20232 yrs activeGustave Demeylaan 10, 1160 Oudergem, BelgiumKBO/BCE: BE 1003.131.537
Summary

Cleverstag has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,786 and a net result of -€2,713. Its solvency ranks better than 30% of 31942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability4▼-8
Solvency54▼-46
Growth32
Track record82
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2025
Solvency, return and age of the figures
Solvency
29.1%
Return on assets
-11.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-02-2026, 161 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
161 d early
2024
62 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 112 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

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 months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 7 December 2023, Cleverstag was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€6,786▼ 28.6%
2024 · €9,499
Total assets
€23,296▲ 140%
2024 · €9,725
Net result
-€2,713▼ 442%
2024 · -€501
Working capital
-€1,446
2024 · €8,803
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
Line20242025
Operating result-€427--€2,268▼ 431%
Net result-€501below the sector's middle half--€2,713below the sector's middle half▼ 442%
Equity€9,499below the sector's middle half-€6,786below the sector's middle half▼ 28.6%
Total assets€9,725below the sector's middle half-€23,296below the sector's middle half▲ 140%
Debt€226-€16,510▲ 7,205%
Working capital€8,803within the sector's middle half--€1,446below the sector's middle half
Solvency97.7%above the sector's middle half-29.1%within the sector's middle half▼ 68.5pp
Current ratio39.95above the sector's middle half-0.62below the sector's middle half▼ 39.33
Return on assets (ROA)-5.2%below the sector's middle half--11.6%below the sector's middle half▼ 6.5pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
-€3,000-€2,000-€1,000€0Operating result 2024: -€427-€427Net result 2024: -€501-€501Operating result 2025: -€2,268-€2,268Net result 2025: -€2,713-€2,71320242025-€3,000-€2,000-€1,000€0Operating result 2024: -€427-€427Net result 2024: -€501-€501Operating result 2025: -€2,268-€2,270Net result 2025: -€2,713-€2,71020242025
The operating result stays negative: a loss of €2,268 in 2025 against €427 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22,776
Fixed assets €20,419
Current assets €2,357
Equity and liabilities €23,296
Equity €6,786 ▼ 28.6%
Debt €16,510 ▲ 7,205%
Debt's share of the balance-sheet total rises from 2.3% to 70.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€408▼
2024 · -€241
Cash flow
-€853▼
2024 · -€315
Quick ratio
0.49▼
2024 · 39.95
Debt to equity
2.43▲
2024 · 0.02
ROE
-40.0%▼
2024 · -5.3%
Interest coverage
-0.92▲
2024 · -3.26
Debt ≤ 1 year
€3,803▲
2024 · €226
Debt > 1 year
€12,707
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,206 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
4.2% went bankrupt
4.1% stopped otherwise
90% still going

A further 1.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 1,206 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€9,725€23,296▲
Formation expenses20€696€520▼
Fixed assets21/28-€20,419
Tangible fixed assets22/27-€19,919
Plant, machinery and equipment23-€1,726
Furniture and vehicles24-€18,193
Financial fixed assets28-€500
Current assets29/58€9,029€2,357▼
Stocks and contracts in progress3-€501
Stocks30/36-€501
Amounts receivable within one year40/41€386€1,238▲
Trade receivables40-€221
Other amounts receivable41€386€1,017▲
Cash at bank and in hand54/58€8,643€329▼
Deferred charges and accrued income490/1-€288
Equity and liabilities
Total equity and liabilities10/49€9,725€23,296▲
Equity10/15€9,499€6,786▼
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€501-€3,214▼
Amounts payable17/49€226€16,510▲
Amounts payable after more than one year17-€12,707
Financial debts170/4-€12,707
Amounts payable within one year42/48€226€3,803▲
Current portion of amounts payable after more than one year42-€3,121
Trade debts44€222€79▼
Suppliers440/4€222€79▼
Taxes, remuneration and social security45€4€604▲
Taxes450/3€4€604▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€186€1,860▲
Other operating charges640/8-€50
Gross operating margin9900-€241-€358▼
Operating profit (loss)9901-€427-€2,268▼
Financial charges65/66B€74€446▲
Recurring financial charges65€74€446▲
Profit (loss) for the period before taxes9903-€501-€2,713▼
Profit (loss) for the period9904-€501-€2,713▼
Profit (loss) for the period to be appropriated9905-€501-€2,713▼
Appropriation of the result
Profit (loss) to be appropriated9906-€501-€3,214▼
Profit (loss) brought forward from the previous period14P--€501

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€186€1,860▲ 900%
Other operating charges640/8-€50-
Gross operating margin9900-€241-€358▼ 48.5%
Operating profit (loss)9901-€427-€2,268▼ 431%
Financial charges65/66B€74€446▲ 502%
Recurring financial charges65€74€446▲ 502%
Profit (loss) for the period before taxes9903-€501-€2,713▼ 442%
Profit (loss) for the period9904-€501-€2,713▼ 442%
Profit (loss) for the period to be appropriated9905-€501-€2,713▼ 442%
Line20242025Change
Assets
Total assets20/58€9,725€23,296▲ 140%
Formation expenses20€696€520▼ 25.3%
Fixed assets21/28-€20,419-
Tangible fixed assets22/27-€19,919-
Plant, machinery and equipment23-€1,726-
Furniture and vehicles24-€18,193-
Financial fixed assets28-€500-
Current assets29/58€9,029€2,357▼ 73.9%
Stocks and contracts in progress3-€501-
Stocks30/36-€501-
Amounts receivable within one year40/41€386€1,238▲ 221%
Trade receivables40-€221-
Other amounts receivable41€386€1,017▲ 163%
Cash at bank and in hand54/58€8,643€329▼ 96.2%
Deferred charges and accrued income490/1-€288-
Equity and liabilities
Total equity and liabilities10/49€9,725€23,296▲ 140%
Equity10/15€9,499€6,786▼ 28.6%
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€501-€3,214▼ 542%
Amounts payable17/49€226€16,510▲ 7,205%
Amounts payable after more than one year17-€12,707-
Financial debts170/4-€12,707-
Amounts payable within one year42/48€226€3,803▲ 1,583%
Current portion of amounts payable after more than one year42-€3,121-
Trade debts44€222€79▼ 64.5%
Suppliers440/4€222€79▼ 64.5%
Taxes, remuneration and social security45€4€604▲ 14,990%
Taxes450/3€4€604▲ 14,990%
Line20242025Change
Profit (loss) for the period9904-€501-€2,713▼ 442%
+ Depreciation and write-downs630€186€1,860▲ 900%
Operating cash flow (approximation)-€315-€853▼ 171%
Change in cash--€8,314-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Oudergem · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,070 m²
Building footprint
740 m²
Volume, LiDAR
7,249 m³
Parcel 21332D0027/00Z011, Brussels · tallest building 12.5 m, ±4 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
CLEVERSTAG
Gustave Demeylaan 10, 1160 OudergemIntermediation services for non-specialised retail
since 20232.352.836.750
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21332D0027/00Z011 Brussels 1,070 m² 1 · 740 m² 12.5 m · 4 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.

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,629. 18,727 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
Founded07-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
43350Other building finishing work
43990Other specialised construction activities
47120Other non-specialised retail sale
52210Service activities incidental to land transportation
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
81300Landscape service activities
82300Organisation of conventions and trade shows
82990Other business support services
93199Other sports activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1003131537
Registered 06-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.