CLOETENS
ActiveSummary
CLOETENS has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38k and a net result of €20k. Equity is shrinking by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 28% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+71
Solvency37▼-13
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.12 against 1.33 in 2024; short-term debt: 87.7% and cash: 0.1% of total assets), and 87.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-10-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
on the day
2023
2 d late
2022
3 d late
2021
15 d late
2020
30 d late
2019
15 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€38k▲ 110%
2024 · €18k
2019: €238k
2020: €240k
2021: €235k
2022: €236k
2023: €225k
2024: €18k
2019 → 2025
Total assets
€308k▲ 324%
2024 · €73k
2019: €239k
2020: €248k
2021: €300k
2022: €262k
2023: €244k
2024: €73k
2019 → 2025
Net result
€20k
2024 · €-7k
2019: €-6k
2020: €2k
2021: €-5k
2022: €2k
2023: €-11k
2024: €-7k
2019 → 2025
Working capital
€-239k
2024 · €18k
2019: €238k
2020: €236k
2021: €232k
2022: €236k
2023: €225k
2024: €18k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€235k-€236k▲ 0.7%€225k▼ 4.7%€18k▼ 92.0%€38k▲ 110%
Operating result€-904-€4k€-16k€-8k▲ 47.6%€25k
Net result€-5k-€2k€-11k€-7k▲ 35.6%€20k
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: €25k after a loss of €8k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €308k
Fixed assets
€277k
Current assets
€32k
Equity and liabilities €308k
Equity
€38k ▲ 110%
Debt
€270k ▲ 394%
Debt's share of the balance-sheet total rises from 75.2% to 87.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26k▲
2024 · €-8k
Cash flow
€21k▲
2024 · €-7k
Current ratio
0.12▼
2024 · 1.33
Quick ratio
0.07▼
2024 · 0.79
Debt to equity
7.14▲
2024 · 3.04
ROE
52.5%▲
2024 · -40.0%
ROA
6.4%▲
2024 · -9.9%
Interest coverage
40.41▲
2024 · -28.31
Debt ≤ 1 year
€270k▲
2024 · €55k
Income taxes
€4k▲
2024 · €419
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€73k€308k▲
Fixed assets21/28€0€277k▲
Tangible fixed assets22/27€0€277k▲
Land and buildings22-€277k
Furniture and vehicles24€0-
Current assets29/58€73k€32k▼
Stocks and contracts in progress3€30k€13k▼
Stocks30/36€30k€13k▼
Amounts receivable within one year40/41€43k€18k▼
Trade receivables40€25k€14k▼
Other amounts receivable41€18k€4k▼
Cash at bank and in hand54/58€521€391▼
Equity and liabilities
Total equity and liabilities10/49€73k€308k▲
Equity10/15€18k€38k▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€123€123=
Non-distributable reserves130/1€123€123=
Legal reserve130€123€123=
Profit (loss) carried forward14€-82k€-62k▲
Amounts payable17/49€55k€270k▲
Amounts payable within one year42/48€55k€270k▲
Financial debts43€4k€5k▲
Credit institutions430/8€4k€5k▲
Trade debts44€1k€12k▲
Suppliers440/4€1k€12k▲
Taxes, remuneration and social security45€7k€4k▼
Taxes450/3€7k€4k▼
Other amounts payable47/48€42k€249k▲
Income statement
Code20242025
Non-recurring operating income76A-€826
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€173€698▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€11k€11k=
Other operating charges640/8€139€12k▲
Gross operating margin9900€3k€48k▲
Operating profit (loss)9901€-8k€25k▲
Financial income75/76B€2k€0▼
Recurring financial income75€2k€0▼
Financial charges65/66B€289€635▲
Recurring financial charges65€289€635▲
Profit (loss) for the period before taxes9903€-7k€24k▲
Income taxes67/77€419€4k▲
Profit (loss) for the period9904€-7k€20k▲
Profit (loss) for the period to be appropriated9905€-7k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-82k€-62k▲
Profit (loss) brought forward from the previous period14P€-75k€-82k▼
The notes to these accounts (7 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
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €20k
Net result €20k after 2 loss-making years.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
02-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
31-03
Financial
Weakest financial yearnet €-11k ▼800%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
31-03
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
31-03
Financial
Liquidity doublescurrent ratio 10.19
Current ratio from 4.54 to 10.19; short-term debt falls from €66k to €26k.
2021
15-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 15 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
31-03
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
2019
15-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 15 days late
Show earlier events
2018
29-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2015
30-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Mechelen · 1 establishment unit since 1996
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.
Frederik de Merodestraat 86A2800 MechelenGround area
1,209 m²
Building footprint
155 m²
Volume, LiDAR
1,247 m³
Parcel 12025B0406/00L000, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NEW CLOETENS
since 19962.079.305.559
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12025B0406/00L000 | Flanders | 1,209 m² | 1 · 155 m² | 10.8 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.
Similar companies · same sector, comparable size
FUTURE IT
BE 0658.778.666
Herent · Eq €37,842
COMPU GENK
BE 0563.467.159
Genk · Eq €37,763
OFFICE - PLUS
BE 0428.782.857
Genk · Eq €37,634
JOESI
BE 0771.632.327
Maaseik · Eq €37,626
UNI
BE 0899.618.778
Antwerpen · Eq €38,151
Of 2,122 companies in sector 46500 we hold annual accounts for 1,403. 818 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-10-1996
Fiscal year end31-03
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.