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CLIPAN

Active Private limited companyfounded 2005active for 20 yearsKapellensteenweg 276, 2920 KalmthoutKBO/BCE: BE 0877.781.704 #5 company by total assets in Kalmthout, Accommodation and food service sector

Lifetime

19 annual accounts with figures on one time axis, 20 filings since 2006
peak €658,657 (2021)
€579,764▲ 26.4%
lowest -€18,540 (2009)
€30,388▼ 60.1%
peak €525,891 (2025)
€525,891▲ 6.1%
€383,708▼ 28.6%
peak 8.8 FTE (2024)
-not published
Board7 names since 2016
3 directors and 2 others
Documentsfilings and deeds
12-08-202612 days late
2025micro format
Gross margin from €458,747 to €579,764Result from €76,189 to €30,388Debts from €537,301 to €383,708Cash from €48,140 to €68,311

Key points

from the 2025 annual accounts

Equity

€525,891 ▲ 6.1%

CLIPAN has made a profit without a break since 2017.

Liquidity

4.24 was 2.42 in 2024

Short-term debts fell from €230,060 to €102,722.

Filings

20 annual accounts since 2006
AprilJune31 JulyOctober2010201520202025

Ten of the last ten came late. The 2018 accounts came latest: 422 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,768 companies had the same profile as CLIPAN has now. Each dot stands for 37 companies, two years later.

96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 14,768 companies, not a prediction for CLIPAN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
Director
  • werkend vennootdeed of 11-05-2018
  • werkend vennootdeed of 11-05-2018
  • 699 sharesdeed of 11-05-2018
and 1 other shareholderBoard & ownership

Recent changes

Environmental permit granted Nieuwbouw of aanleggen, Slopen van niet vrijstaande gebouwen of constructies, Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden · Essen
Registered in the Peppol Directory Reachable for e-invoices through 0208:0877781704
New establishment in Essen Maabista Sushi Essen, Stationsstraat 150
New establishment in Kontich SUSHI SERVICE, Ferdinand Maesstraat 11 A
All 41 events

Comparable companies

same main activity, similar in size and age
Company
CLIPAN Kalmthout €0.9m €579,764 57.8% -
A & G Kalmthout €0.9m €508,249 84.5% 5.7
La Juarve Lievegem €0.9m €553,997 52.4% 7.4
K-NAL Waterloo €0.9m €639,813 48.4% 13.5
LE GRAND REVE La Louvière €1.1m €564,153 25.7% -
Familly Burger Ciney Ciney €0.8m €509,687 24.8% 9.7
MAXI-FRITES VILLERS Assesse €1.1m €590,112 34.1% 9.7

These companies have the same main activity as CLIPAN: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €811,000 and €1.1m, founded between 2003 and 2007.

Official details

Source: KBO
Status
Active since 08-12-2005Normal situation
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112and 1 other
Establishment units
2.156.762.4352920 Kalmthout, registered on 02-12-2005
2.296.865.5722950 Kapellen, since 01-01-2020and 2 others
Financial year end
31 December
Peppol
Reachable since 27-04-2026
Company details

Annual accounts 2025

≈ €1.6mestimated
€909,599▼ 11.9%
≈ 11 FTEestimated
Filing
Filed on 12-08-2026
Financials

Insights on CLIPAN

CLIPAN files the micro format. That format states no turnover. The gross margin rose from €7,312 in 2006 to €579,764 in 2025.

The balance sheet grew most from 2020 to 2022 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about CLIPAN

What is the company number of CLIPAN?
The company number of CLIPAN is 0877.781.704. The VAT number is the same number with BE in front: BE 0877.781.704.
Where is CLIPAN based?
The registered office is at Kapellensteenweg 276, 2920 Kalmthout.Company details
What does CLIPAN do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of CLIPAN?
CLIPAN is a private limited company (BV).
When was CLIPAN founded?
CLIPAN was founded on 08-12-2005.
Is CLIPAN still active?
Yes, CLIPAN is an active enterprise in the KBO register.
How many employees does CLIPAN have?
CLIPAN had an average of 8.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of CLIPAN?
The turnover in financial year 2025 is ≈ €1.6m. This figure is estimated from the gross margin of €579,764 and 37 comparable companies (NACE 56112). It probably lies between €1.4m and €1.8m.
Is CLIPAN profitable?
In financial year 2025, CLIPAN made a profit of €30,388.
Where can I find the annual accounts of CLIPAN?
CLIPAN filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CLIPAN due?
CLIPAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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