CLICTEUR STEFAN
ActiveSummary
CLICTEUR STEFAN has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-65k) and a net result of €3k. Equity is shrinking by ~45% per year across the filed fiscal years. Its solvency ranks better than 5% of 7500 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability56▲+56
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.02 against 1.02 in 2024; short-term debt: 92.8% and cash: 0.1% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five 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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% 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
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
-100.6%
Return on assets
4.5%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 7500 sector peers (2025).
NBB · sector comparisonPosition among 7500 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-05-2026, 29 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
29 d late
2024
on the day
2023
100 d late
2022
278 d late
2021
28 d late
2020
19 d late
2019
2 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-65k▲ 4.2%
2024 · €-68k
2019: €76khighest in 7 years
2020: €9k▼ -88.2% vs 2019
2021: €42k▲ +363% vs 2020
2022: €52k▲ +25.7% vs 2021
2023: €-18k▼ -135% vs 2022
2024: €-68k▼ -273% vs 2023lowest in 7 years
2025: €-65k▲ +4.2% vs 2024
2019 → 2025
Total assets
€64k▼ 21.7%
2024 · €82k
2019: €362k
2020: €340k▼ -5.9% vs 2019
2021: €410k▲ +20.5% vs 2020
2022: €461k▲ +12.5% vs 2021highest in 7 years
2023: €122k▼ -73.6% vs 2022
2024: €82k▼ -32.5% vs 2023
2025: €64k▼ -21.7% vs 2024lowest in 7 years
2019 → 2025
Net result
€3k
2024 · €-50k
2019: €74khighest in 7 years
2020: €913▼ -98.8% vs 2019
2021: €33k▲ +3468% vs 2020
2022: €11k▼ -67.2% vs 2021
2023: €-70k▼ -758% vs 2022lowest in 7 years
2024: €-50k▲ +29.7% vs 2023
2025: €3k▲ +106% vs 2024
2019 → 2025
Working capital
€1k▼ 22.6%
2024 · €2k
2019: €69k
2020: €25k▼ -63.6% vs 2019
2021: €-49k▼ -295% vs 2020lowest in 7 years
2022: €191k▲ +488% vs 2021highest in 7 years
2023: €75k▼ -60.6% vs 2022
2024: €2k▼ -97.9% vs 2023
2025: €1k▼ -22.6% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€42k-€52k▲ 25.7%€-18k€-68k▼ 273%€-65k▲ 4.2%
2021: €42k
2022: €52k▲ +25.7% vs 2021highest in 5 years
2023: €-18k▼ -135% vs 2022
2024: €-68k▼ -273% vs 2023lowest in 5 years
2025: €-65k▲ +4.2% vs 2024
Operating result€48k-€20k▼ 59.1%€-62k€-48k▲ 22.8%€14k
2021: €48khighest in 5 years
2022: €20k▼ -59.1% vs 2021
2023: €-62k▼ -420% vs 2022lowest in 5 years
2024: €-48k▲ +22.8% vs 2023
2025: €14k▲ +130% vs 2024
Net result€33k-€11k▼ 67.2%€-70k€-50k▲ 29.7%€3k
2021: €33khighest in 5 years
2022: €11k▼ -67.2% vs 2021
2023: €-70k▼ -758% vs 2022lowest in 5 years
2024: €-50k▲ +29.7% vs 2023
2025: €3k▲ +106% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €14k after a loss of €48k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €64k
Fixed assets
€3k ▼ 57.5%
Current assets
€61k ▼ 17.8%
Key figures and ratios
EBITDA
€16k▲
2024 · €-45k
Cash flow
€4k▲
2024 · €-47k
Solvency
-100.6%▼
2024 · -82.3%
Current ratio
1.02▼
2024 · 1.02
Quick ratio
0.60▼
2024 · 0.68
Debt to equity
-1.99▲
2024 · -2.22
ROA
4.5%▲
2024 · -60.2%
Interest coverage
3.76▲
2024 · -8.26
Debt
€129k▼
2024 · €150k
Debt ≤ 1 year
€60k▼
2024 · €73k
Debt > 1 year
€69k▼
2024 · €77k
Income taxes
€340▼
2024 · €504
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 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€82k€64k▼
Fixed assets21/28€8k€3k▼
Tangible fixed assets22/27€7k€2k▼
Plant, machinery and equipment23€3k€0▼
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€803€253▼
Financial fixed assets28€2k€2k▼
Current assets29/58€74k€61k▼
Stocks and contracts in progress3€25k€25k=
Contracts in progress37€25k€25k=
Amounts receivable within one year40/41€46k€34k▼
Trade receivables40€885€4k▲
Other amounts receivable41€45k€30k▼
Cash at bank and in hand54/58€70€80▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€82k€64k▼
Equity10/15€-68k€-65k▲
Contributions10/11€6k€6k=
Reserves13€35k€35k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€35k€35k=
Profit (loss) carried forward14€-109k€-106k▲
Amounts payable17/49€150k€129k▼
Amounts payable after more than one year17€77k€69k▼
Financial debts170/4€77k€69k▼
Amounts payable within one year42/48€73k€60k▼
Current portion of amounts payable after more than one year42€15k€8k▼
Financial debts43€7k€7k▲
Credit institutions430/8€7k€7k▲
Trade debts44€13k€6k▼
Suppliers440/4€13k€6k▼
Advances received on contracts in progress46€13k€0▼
Taxes, remuneration and social security45€22k€9k▼
Taxes450/3€22k€9k▼
Other amounts payable47/48€3k€30k▲
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€3k€5k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€-43k€21k▲
Operating profit (loss)9901€-48k€14k▲
Financial income75/76B€5k€3k▼
Recurring financial income75€5k€3k▼
Financial charges65/66B€6k€14k▲
Recurring financial charges65€6k€4k▼
Non-recurring financial charges66B-€10k
Profit (loss) for the period before taxes9903€-49k€3k▲
Income taxes67/77€504€340▼
Profit (loss) for the period9904€-50k€3k▲
Profit (loss) for the period to be appropriated9905€-50k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-109k€-106k▲
Profit (loss) brought forward from the previous period14P€-59k€-109k▼
Transfer from equity791/2€0-
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (11 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €243k | €142 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €43k | €12k | €4k | €3k | €2k | ▼ 41.0% |
| Other operating charges640/8 | - | €13k | €2k | €3k | €5k | ▲ 68.8% |
| Non-recurring operating charges66A | - | - | €6k | €0 | - | - |
| Gross operating margin9900 | €326k | €288k | €-51k | €-43k | €21k | ▲ 149% |
| Operating profit (loss)9901 | €48k | €20k | €-62k | €-48k | €14k | ▲ 130% |
| Financial income75/76B | - | €3k | €4k | €5k | €3k | ▼ 40.7% |
| Recurring financial income75 | €3k | €3k | €4k | €5k | €3k | ▼ 40.7% |
| Financial charges65/66B | - | €12k | €12k | €6k | €14k | ▲ 154% |
| Recurring financial charges65 | €15k | €12k | €12k | €6k | €4k | ▼ 22.8% |
| Non-recurring financial charges66B | - | - | - | - | €10k | - |
| Profit (loss) for the period before taxes9903 | €36k | €11k | €-70k | €-49k | €3k | ▲ 107% |
| Income taxes67/77 | €4k | €444 | €278 | €504 | €340 | ▼ 32.6% |
| Profit (loss) for the period9904 | €33k | €11k | €-70k | €-50k | €3k | ▲ 106% |
| Profit (loss) for the period to be appropriated9905 | €33k | €11k | €-70k | €-50k | €3k | ▲ 106% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €410k | €461k | €122k | €82k | €64k | ▼ 21.7% |
| Fixed assets21/28 | €271k | €13k | €11k | €8k | €3k | ▼ 57.5% |
| Tangible fixed assets22/27 | €271k | €13k | €9k | €7k | €2k | ▼ 70.6% |
| Land and buildings22 | - | €0 | - | - | - | - |
| Plant, machinery and equipment23 | - | €6k | €5k | €3k | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €6k | €4k | €3k | €2k | ▼ 38.2% |
| Leasing and similar rights25 | - | €0 | - | - | - | - |
| Other tangible fixed assets26 | - | €1k | €969 | €803 | €253 | ▼ 68.5% |
| Financial fixed assets28 | - | - | €2k | €2k | €2k | ▼ 1.5% |
| Current assets29/58 | €139k | €448k | €111k | €74k | €61k | ▼ 17.8% |
| Stocks and contracts in progress3 | €38k | €25k | €25k | €25k | €25k | = |
| Contracts in progress37 | - | €25k | €25k | €25k | €25k | = |
| Amounts receivable within one year40/41 | €87k | €384k | €82k | €46k | €34k | ▼ 25.5% |
| Trade receivables40 | - | €309k | €26k | €885 | €4k | ▲ 339% |
| Other amounts receivable41 | - | €75k | €56k | €45k | €30k | ▼ 32.6% |
| Cash at bank and in hand54/58 | €10k | €34k | €3k | €70 | €80 | ▲ 14.2% |
| Deferred charges and accrued income490/1 | - | €5k | €731 | €3k | €2k | ▼ 47.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €410k | €461k | €122k | €82k | €64k | ▼ 21.7% |
| Equity10/15 | €42k | €52k | €-18k | €-68k | €-65k | ▲ 4.2% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €35k | €46k | €35k | €35k | €35k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Distributable reserves133 | - | €44k | €33k | €35k | €35k | = |
| Profit (loss) carried forward14 | - | - | €-59k | €-109k | €-106k | ▲ 2.6% |
| Amounts payable17/49 | €368k | €409k | €140k | €150k | €129k | ▼ 13.8% |
| Amounts payable after more than one year17 | €180k | €152k | €104k | €77k | €69k | ▼ 10.2% |
| Financial debts170/4 | - | €152k | €104k | €77k | €69k | ▼ 10.2% |
| Amounts payable within one year42/48 | €188k | €257k | €36k | €73k | €60k | ▼ 17.7% |
| Current portion of amounts payable after more than one year42 | - | €29k | €24k | €15k | €8k | ▼ 48.9% |
| Financial debts43 | - | - | - | €7k | €7k | ▲ 4.6% |
| Credit institutions430/8 | - | - | - | €7k | €7k | ▲ 4.6% |
| Trade debts44 | €113k | €178k | €7k | €13k | €6k | ▼ 52.0% |
| Suppliers440/4 | - | €178k | €7k | €13k | €6k | ▼ 52.0% |
| Advances received on contracts in progress46 | - | - | - | €13k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €49k | €3k | €22k | €9k | ▼ 60.2% |
| Taxes450/3 | - | €5k | €3k | €22k | €9k | ▼ 60.2% |
| Remuneration and social security454/9 | - | €43k | €0 | - | - | - |
| Other amounts payable47/48 | - | €2k | €2k | €3k | €30k | ▲ 1,010% |
| Accrued charges and deferred income492/3 | - | €26 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33k | €11k | €-70k | €-50k | €3k | ▲ 106% |
| + Depreciation and write-downs630 | €43k | €12k | €4k | €3k | €2k | ▼ 41.0% |
| Operating cash flow (approximation) | €76k | €23k | €-66k | €-47k | €4k | ▲ 109% |
| Investment in fixed assets (approximation) | - | €246k | €-2k | €0 | €3k | - |
| Change in cash | - | €23k | €-30k | €-3k | €10 | ▲ 100% |
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
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
30-09
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
08-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 100 days late
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 278 days late
28-02
Financial
Weakest financial yearnet €-70k
Net result drops to €-70k, the lowest in the series; recovery starts the following year.
2022
28-02
Financial
Liquidity doublescurrent ratio 1.74
Current ratio from 0.74 to 1.74.
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 28 days late
2020
19-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 19 days late
2019
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 2 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
29-09
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 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, Jabbeke · 1 establishment unit since 1997
Ground area
713 m²
Building footprint
171 m²
Volume, LiDAR
916 m³
Parcel 31041A0848/00B000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Krakeelstraat 5, 8490 Jabbeke
since 19972.080.548.842
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31041A0848/00B000 | Flanders | 713 m² | 1 · 171 m² | 9.0 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 29,779 companies in sector 41001 we hold annual accounts for 16,044. 13,109 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
Founded22-10-1996
Fiscal year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
Scores and ratios are computed by Checked and are not a credit decision.