CLOET
ActiveCLOET has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €758k and a net result of €67k. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 60% of 2149 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
62
/ 100
Healthy▲ +4 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability44▲+44
Solvency70▲+5
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity short (current ratio 0.94 against 1.06 in 2024), and 51.9% 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
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
Sector 41
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
48.1%
Return on assets
4.3%
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
24 d early
2023
23 d early
2022
31 d early
2021
31 d early
2020
29 d early
2019
32 d early
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€758k▲ 9.8%
2024 · €690k
2018: €332k
2019: €336k
2020: €390k
2021: €525k
2022: €609k
2023: €710k
2024: €690k
2018 → 2025
Total assets
€1.58M▼ 4.8%
2024 · €1.66M
2018: €842k
2019: €1.04M
2020: €1.44M
2021: €1.65M
2022: €1.50M
2023: €1.56M
2024: €1.66M
2018 → 2025
Net result
€67k
2024 · €-19k
2018: €18k
2019: €4k
2020: €54k
2021: €135k
2022: €84k
2023: €100k
2024: €-19k
2018 → 2025
Working capital
€-31k
2024 · €33k
2018: €39k
2019: €51k
2020: €82k
2021: €214k
2022: €196k
2023: €286k
2024: €33k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€525k-€609k▲ 16.1%€710k▲ 16.5%€690k▼ 2.7%€758k▲ 9.8%
Operating result€199k-€130k▼ 34.5%€158k▲ 21.4%€-7k€102k
Net result€135k-€84k▼ 37.3%€100k▲ 18.8%€-19k€67k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €102k after a loss of €7k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.58M
Fixed assets
€1.12M▲ 5.8%
Current assets
€452k▼ 23.7%
Equity and liabilities €1.58M
Equity
€758k▲ 9.8%
Provisions
€9k▼ 6.7%
Debt
€810k▼ 15.3%
The debt ratio falls from 57.7% to 51.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€197k▲
2024 · €81k
Cash flow
€162k▲
2024 · €68k
Solvency
48.1%▲
2024 · 41.7%
Current ratio
0.94▼
2024 · 1.06
Quick ratio
0.94▼
2024 · 1.06
Debt / equity
1.07▼
2024 · 1.39
ROE
8.9%▲
2024 · -2.8%
ROA
4.3%▲
2024 · -1.2%
Interest coverage
8.33▲
2024 · 5.88
Debt
€810k▼
2024 · €956k
Debt ≤ 1 year
€484k▼
2024 · €560k
Debt > 1 year
€314k▼
2024 · €383k
Income taxes
€16k▲
2024 · €686
Staff costs
€598k▲
2024 · €592k
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€1.66M€1.58M▼
Fixed assets21/28€1.06M€1.12M▲
Intangible fixed assets21€6k€39k▲
Tangible fixed assets22/27€1.06M€1.08M▲
Land and buildings22€633k€578k▼
Plant, machinery and equipment23€19k€17k▼
Furniture and vehicles24€129k€90k▼
Other tangible fixed assets26€275k€399k▲
Financial fixed assets28€135€135=
Current assets29/58€593k€452k▼
Amounts receivable within one year40/41€551k€437k▼
Trade receivables40€506k€392k▼
Other amounts receivable41€45k€45k▲
Cash at bank and in hand54/58€27k€15k▼
Deferred charges and accrued income490/1€15k€452▼
Equity and liabilities
Total equity and liabilities10/49€1.66M€1.58M▼
Equity10/15€690k€758k▲
Contributions10/11€100k€100k=
Reserves13€590k€658k▲
Tax-exempt reserves132€37k€35k▼
Distributable reserves133€553k€623k▲
Provisions and deferred taxes16€9k€9k▼
Deferred taxes168€9k€9k▼
Amounts payable17/49€956k€810k▼
Amounts payable after more than one year17€383k€314k▼
Financial debts170/4€383k€314k▼
Amounts payable within one year42/48€560k€484k▼
Current portion of amounts payable after more than one year42€80k€68k▼
Financial debts43€220k€165k▼
Credit institutions430/8€220k€165k▼
Trade debts44€212k€214k▲
Suppliers440/4€212k€214k▲
Taxes, remuneration and social security45€48k€36k▼
Taxes450/3€11k-
Remuneration and social security454/9€37k€36k▼
Other amounts payable47/48-€292
Accrued charges and deferred income492/3€13k€12k▼
Income statement
Code20242025
Non-recurring operating income76A€6k€201k▲
Remuneration, social security and pensions62€592k€598k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€88k€94k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-5k
Other operating charges640/8€21k€16k▼
Non-recurring operating charges66A€1k-
Gross operating margin9900€696k€805k▲
Operating profit (loss)9901€-7k€102k▲
Financial income75/76B€1k€4k▲
Recurring financial income75€1k€4k▲
Financial charges65/66B€14k€24k▲
Recurring financial charges65€14k€24k▲
Profit (loss) for the period before taxes9903€-19k€82k▲
Transfer from deferred taxes780€620€620=
Income taxes67/77€686€16k▲
Profit (loss) for the period9904€-19k€67k▲
Transfer from tax-exempt reserves789€2k€2k=
Profit (loss) for the period to be appropriated9905€-17k€70k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€70k▲
Transfer from equity791/2€17k-
Transfer to equity691/2-€70k
To other reserves6921-€70k
Social balance
Average headcount (FTE)90879.69.4▼
The notes to these accounts (23 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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €67k
Net result €67k after one loss-making year.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-19k ▼119%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €135k ▲150%
Operating result €199k, net result €135k, both a record.
31-12
Financial
Equity above €500kEq €525k ▲34.5%
4 profitable years in a row build equity to €525k.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
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.
Directors · office · real estate
Directors
6 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, Wingene · 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.
Gravestraat 7d8750 WingeneGround area
7,432 m²
Building footprint
2,197 m²
Volume, LiDAR
17,049 m³
Parcel 37018C0212/00S000, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Cloet
since 20102.189.553.383
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37018C0212/00S000 | Flanders | 7,432 m² | 1 · 2,197 m² | 9.5 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 4,745 EUR awarded · 4,698 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 538 EUR | 1,706 EUR |
| 2024 | 1 | 1,334 EUR | 969 EUR |
| 2023 | 1 | 2,103 EUR | 1,354 EUR |
| 2022 | 1 | 770 EUR | 669 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
9 categoriesCLOET BV34001
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Of 2,429 companies in sector 41003 we hold annual accounts for 1,048. 567 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-06-2010
Fiscal year end31-12
Activities, NACEBEL
41003General construction of other non-residential buildings
25110Manufacture of metal structures and parts of structures
43410Roofing work
43990Other specialised construction activities
43999Specialised construction activities
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.cloet-bouw.be
E-mail:info@cloet-bouw.be