Closse
ActiveSummary
The computed 12-month bankruptcy probability of Closse is 1.9% (moderate). The 2025 annual accounts show equity of €412k and a net result of €31k. Equity is growing by ~30% per year across the filed fiscal years. Its solvency ranks better than 95% of 27786 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-23
Solvency100▲+4
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 18.89 against 3.28 in 2024; short-term debt: 5.2% and cash: 61.7% of total assets), and 6.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Sector 43
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
93.2%
Return on assets
6.9%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-01-2026, 8 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
8 d early
2024
on the day
2023
6 d early
2022
5 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€412k▲ 8.0%
2024 · €381k
2022: €151k
2023: €223k
2024: €381k
2022 → 2025
Total assets
€442k▼ 17.9%
2024 · €538k
2022: €323k
2023: €381k
2024: €538k
2022 → 2025
Net result
€31k▼ 80.6%
2024 · €158k
2022: €82k
2023: €72k
2024: €158k
2022 → 2025
Working capital
€411k▲ 15.0%
2024 · €358k
2022: €93k
2023: €186k
2024: €358k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€151k-€223k▲ 48.0%€381k▲ 70.6%€412k▲ 8.0%
Operating result€113k-€96k▼ 15.4%€228k▲ 138%€24k▼ 89.6%
Net result€82k-€72k▼ 11.7%€158k▲ 118%€31k▼ 80.6%
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 90% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €442k
Fixed assets
€7k ▼ 68.8%
Current assets
€434k ▼ 15.6%
Equity and liabilities €442k
Equity
€412k ▲ 8.0%
Debt
€30k ▼ 80.9%
Debt's share of the balance-sheet total falls from 29.2% to 6.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€41k▼
2024 · €251k
Cash flow
€48k▼
2024 · €180k
Current ratio
18.89▲
2024 · 3.28
Quick ratio
17.18▲
2024 · 2.78
Debt to equity
0.07▼
2024 · 0.41
ROE
7.4%▼
2024 · 41.4%
ROA
6.9%▼
2024 · 29.3%
Interest coverage
517.95▼
2024 · 5285.48
Debt ≤ 1 year
€23k▼
2024 · €157k
Income taxes
€12k▼
2024 · €74k
Staff costs
€60k▼
2024 · €63k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€538k€442k▼
Fixed assets21/28€23k€7k▼
Tangible fixed assets22/27€23k€7k▼
Plant, machinery and equipment23€9k€7k▼
Furniture and vehicles24€15k€0▼
Current assets29/58€515k€434k▼
Stocks and contracts in progress3€77k€39k▼
Stocks30/36€77k€39k▼
Amounts receivable within one year40/41€368k€119k▼
Trade receivables40€368k€104k▼
Other amounts receivable41€589€15k▲
Cash at bank and in hand54/58€65k€273k▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€538k€442k▼
Equity10/15€381k€412k▲
Contributions10/11€69k€69k=
Reserves13€312k€343k▲
Distributable reserves133€312k€343k▲
Amounts payable17/49€157k€30k▼
Amounts payable within one year42/48€157k€23k▼
Trade debts44€15k€15k▼
Suppliers440/4€15k€15k▼
Advances received on contracts in progress46€25k€0▼
Taxes, remuneration and social security45€46k€8k▼
Taxes450/3€41k€2k▼
Remuneration and social security454/9€5k€6k▲
Other amounts payable47/48€71k€49▼
Accrued charges and deferred income492/3€0€7k▲
Income statement
Code20242025
Non-recurring operating income76A-€4k
Remuneration, social security and pensions62€63k€60k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€18k▼
Other operating charges640/8€591€961▲
Gross operating margin9900€314k€102k▼
Operating profit (loss)9901€228k€24k▼
Financial income75/76B€3k€19k▲
Recurring financial income75€3k€19k▲
Financial charges65/66B€47€80▲
Recurring financial charges65€47€80▲
Profit (loss) for the period before taxes9903€231k€43k▼
Income taxes67/77€74k€12k▼
Profit (loss) for the period9904€158k€31k▼
Profit (loss) for the period to be appropriated9905€158k€31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€158k€31k▼
Transfer to equity691/2€158k€31k▼
To other reserves6921€158k€31k▼
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
23-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €31k ▼80.6%
Net result drops to €31k, the lowest in the series.
30-06
Financial
Liquidity times 6current ratio 18.89
Current ratio from 3.28 to 18.89; short-term debt falls from €157k to €23k.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2022net €158k ▲118%
Operating result €228k, net result €158k, both a record.
25-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Equity above €200kEq €223k ▲48%
2 profitable years in a row build equity to €223k.
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Laarne · 1 establishment unit since 2021
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.
Dendermondsesteenweg 49270 LaarneGround area
1,161 m²
Building footprint
121 m²
Volume, LiDAR
842 m³
Parcel 42009E0015/00D000, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Closse
since 20212.318.745.507
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42009E0015/00D000 | Flanders | 1,161 m² | 1 · 121 m² | 11.1 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
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BE 0465.136.774
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GUVI
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Drafab Green Construct
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Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 6,340 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 formPrivate limited company
Founded25-06-2021
Fiscal year end30-06
Activities, NACEBEL 2025
43320Joinery installation
16230Manufacture of other builders' carpentry and joinery
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.