CLIPA
ActiveThe computed 12-month bankruptcy probability of CLIPA is 1.9% (moderate). The 2025 annual accounts show equity of €108k and a net result of €39k. Equity is shrinking by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 46% of 31292 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
85
/ 100
Excellent▼ -15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency81▼-19
Growth32=
Stability100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 2.9 in 2024), and 48.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51.8%
Return on assets
18.7%
Age of the figures
8 mo
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
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
31 d early
2023
on the day
2022
on the day
2021
31 d late
2020
30 d late
2019
31 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
09-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€108k▼ 31.5%
2024 · €158k
2018: €269k
2019: €276k
2020: €288k
2021: €277k
2022: €114k
2023: €147k
2024: €158k
2018 → 2025
Total assets
€209k▲ 7.6%
2024 · €194k
2018: €279k
2019: €289k
2020: €297k
2021: €303k
2022: €242k
2023: €256k
2024: €194k
2018 → 2025
Net result
€39k▼ 1.3%
2024 · €40k
2018: €51k
2019: €7k
2020: €12k
2021: €-11k
2022: €-11k
2023: €35k
2024: €40k
2018 → 2025
Working capital
€31k▼ 55.2%
2024 · €69k
2018: €183k
2019: €173k
2020: €182k
2021: €127k
2022: €-4k
2023: €40k
2024: €69k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€277k-€114k▼ 58.8%€147k▲ 29.2%€158k▲ 7.3%€108k▼ 31.5%
Operating result€-10k-€-9k▲ 7.2%€35k€60k▲ 70.3%€54k▼ 9.6%
Net result€-11k-€-11k▲ 1.2%€35k€40k▲ 14.5%€39k▼ 1.3%
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 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €209k
Fixed assets
€78k▼ 13.2%
Current assets
€132k▲ 25.3%
Equity and liabilities €209k
Equity
€108k▼ 31.5%
Debt
€101k▲ 178%
The debt ratio rises from 18.6% to 48.2%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€77k▼
2024 · €82k
Cash flow
€62k▲
2024 · €62k
Solvency
51.8%▼
2024 · 81.4%
Current ratio
1.31▼
2024 · 2.90
Quick ratio
1.19▼
2024 · 2.56
Debt / equity
0.93▲
2024 · 0.23
ROE
36.2%▲
2024 · 25.1%
ROA
18.7%▼
2024 · 20.4%
Interest coverage
51.35▲
2024 · 24.40
Debt
€101k▲
2024 · €36k
Debt ≤ 1 year
€101k▲
2024 · €36k
Income taxes
€15k▼
2024 · €17k
Staff costs
€49k▲
2024 · €38k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€194k€209k▲
Fixed assets21/28€89k€78k▼
Tangible fixed assets22/27€86k€74k▼
Land and buildings22€15k€14k▼
Plant, machinery and equipment23€10k€11k▲
Furniture and vehicles24€9k€9k▼
Other tangible fixed assets26€52k€41k▼
Financial fixed assets28€3k€3k=
Current assets29/58€105k€132k▲
Stocks and contracts in progress3€12k€11k▼
Stocks30/36€12k€11k▼
Amounts receivable within one year40/41€15k€33k▲
Trade receivables40€6k€4k▼
Other amounts receivable41€9k€29k▲
Current investments50/53€10k€39k▲
Cash at bank and in hand54/58€68k€47k▼
Deferred charges and accrued income490/1€298€653▲
Equity and liabilities
Total equity and liabilities10/49€194k€209k▲
Equity10/15€158k€108k▼
Contributions10/11€6k€6k=
Reserves13€152k€102k▼
Distributable reserves133€152k€102k▼
Amounts payable17/49€36k€101k▲
Amounts payable within one year42/48€36k€101k▲
Trade debts44€5k€5k▼
Suppliers440/4€5k€5k▼
Advances received on contracts in progress46€6k€8k▲
Taxes, remuneration and social security45€25k€20k▼
Taxes450/3€21k€15k▼
Remuneration and social security454/9€4k€5k▲
Other amounts payable47/48-€68k
Income statement
Code20242025
Remuneration, social security and pensions62€38k€49k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€23k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€121k€128k▲
Operating profit (loss)9901€60k€54k▼
Financial income75/76B€371€2k▲
Recurring financial income75€371€2k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€57k€54k▼
Income taxes67/77€17k€15k▼
Profit (loss) for the period9904€40k€39k▼
Profit (loss) for the period to be appropriated9905€40k€39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€39k▼
Transfer from equity791/2€29k€89k▲
Transfer to equity691/2€40k€39k▼
To other reserves6921€40k€39k▼
Profit to be distributed694/7€29k€89k▲
Return on contributions (dividend)694€29k€89k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 2.90
Current ratio from 1.37 to 2.90; short-term debt falls from €108k to €36k.
31-12
Financial
Equity above €150kEq €158k ▲7.3%
2 profitable years in a row build equity to €158k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €35k
Net result €35k after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-11k ▼192%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
4 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, Antwerpen · 2 establishment units since 2014
Ground area
3,050 m²
Building footprint
630 m²
Volume, LiDAR
11,187 m³
2 parcels, Flanders · tallest building 25.7 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
CLIPA
since 20142.235.064.991
LUNSJES
since 20182.280.544.630
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11803C0256/00B002 | Flanders | 2,955 m² | 1 · 570 m² | 25.6 m · 6 fl. |
| 11804D2165/00V020 | Flanders | 95 m² | 1 · 59 m² | 19.7 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
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PARSE LOISIRS
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Bekita
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Of 20,229 companies in sector 56111 we hold annual accounts for 11,302. 9,364 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-07-2014
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
70200Business and other management consultancy
70220Business consulting
46499Wholesale of other household goods
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.