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CLUSTA

Active
Non-profit associationfounded 199531 yrs activeTechnologiepark-Zwijnaarde 48, 9052 Gent, BelgiumKBO/BCE: BE 0454.806.769
Summary

For CLUSTA, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €492,356 and a net result of €1,242. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 72% of 34208 sector peers (fiscal year 2023). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability69▼-1
Solvency100▲+2
Growth58=
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 31 years 0 40 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023
Solvency, return and age of the figures
Solvency
75.4%
Return on assets
0.2%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 25-06-2024, 36 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
36 d early
2022
55 d early
2021
51 d early
2020
36 d early
2019
44 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 44 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

CLUSTA was incorporated on 13 March 1995.1 Total assets fell from EUR 751,279 in 2018 to EUR 653,115 in 2023 and headcount from 3 to 2 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023

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Financials · fiscal year 2023, micro schema

Equity
€492,356▲ 0.3%
2022 · €491,114
Total assets
€653,115▼ 3.2%
2022 · €674,587
Net result
€1,242▼ 73.2%
2022 · €4,638
Working capital
€510,243▲ 0.6%
2022 · €507,320
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Operating result€419▼ 81.9%-€49,228€878€5,270▲ 500%€296▼ 94.4%
Net result€400▼ 49.9%-€49,858€187€4,638▲ 2,380%€1,242▼ 73.2%
Equity€536,149▲ 0.1%€486,290▼ 9.3%€486,477=€491,114▲ 1.0%€492,356▲ 0.3%
Total assets€790,202▲ 5.2%€565,538▼ 28.4%€588,708▲ 4.1%€674,587▲ 14.6%€653,115▼ 3.2%
Debt€229,053▲ 20.2%€54,248▼ 76.3%€77,231▲ 42.4%€158,472▲ 105%€135,758▼ 14.3%
Working capital€701,155▲ 3.5%€497,115▼ 29.1%€501,785▲ 0.9%€507,320▲ 1.1%€510,243▲ 0.6%
Staff (FTE)3.6▲ 20.0%2.9▼ 19.4%2▼ 31.0%2=2=
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0Operating result 2019: €419€419Net result 2019: €400€400Operating result 2020: -€49,228-€49,228Net result 2020: -€49,858-€49,858Operating result 2021: €878€878Net result 2021: €187€187Operating result 2022: €5,270€5,270Net result 2022: €4,638€4,638Operating result 2023: €296€296Net result 2023: €1,242€1,24220192020202120222023€0€2,000€4,000€6,000Operating result 2021: €878€878Net result 2021: €187€187Operating result 2022: €5,270€5,270Net result 2022: €4,638€4,640Operating result 2023: €296€296Net result 2023: €1,242€1,240202120222023
The operating result falls in 2023; 2023 is 94% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €653,115
Fixed assets €7,114 ▼ 19.1%
Current assets €646,001 ▼ 3.0%
Equity and liabilities €653,115
Equity €492,356 ▲ 0.3%
Provisions €25,000 =
Debt €135,758 ▼ 14.3%
Debt's share of the balance-sheet total falls from 23.5% to 20.8%. Equity is higher and debt is lower.
Key figures and ratios
2023 value · change against 2022
EBITDA
€6,093▼
2022 · €9,667
Cash flow
€7,039▼
2022 · €9,035
Current ratio
4.76▲
2022 · 4.20
Debt to equity
0.28▼
2022 · 0.32
ROE
0.3%▼
2022 · 0.9%
ROA
0.2%▼
2022 · 0.7%
Interest coverage
10.15▼
2022 · 13.46
Debt ≤ 1 year
€135,758▼
2022 · €158,472
Staff costs
€369,898▲
2022 · €327,916
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 39 lines
Balance sheet Code20222023
Assets
Total assets20/58€674,587€653,115▼
Fixed assets21/28€8,795€7,114▼
Tangible fixed assets22/27€8,795€7,114▼
Plant, machinery and equipment23€8,795€4,397▼
Furniture and vehicles24-€2,716
Current assets29/58€665,792€646,001▼
Amounts receivable within one year40/41€290,470€154,503▼
Trade receivables40€181,797€7,541▼
Other amounts receivable41€108,673€146,962▲
Cash at bank and in hand54/58€375,322€491,498▲
Equity and liabilities
Total equity and liabilities10/49€674,587€653,115▼
Equity10/15€491,114€492,356▲
Reserves13€491,114€492,356▲
Provisions and deferred taxes16€25,000€25,000=
Provisions for liabilities and charges160/5€25,000€25,000=
Pensions and similar obligations160-€25,000
Other liabilities and charges164/5€25,000-
Amounts payable17/49€158,472€135,758▼
Amounts payable within one year42/48€158,472€135,758▼
Trade debts44€116,029€12,332▼
Suppliers440/4€116,029€12,332▼
Taxes, remuneration and social security45€42,443€44,525▲
Taxes450/3€3,612-
Remuneration and social security454/9€38,831€44,525▲
Income statement Code20222023
Remuneration, social security and pensions62€327,916€369,898▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,397€5,797▲
Other operating charges640/8€256€5,142▲
Non-recurring operating charges66A-€3,005-
Gross operating margin9900€334,834€381,133▲
Operating profit (loss)9901€5,270€296▼
Financial income75/76B€85€1,546▲
Recurring financial income75€85€1,546▲
Financial charges65/66B€718€600▼
Recurring financial charges65€718€600▼
Profit (loss) for the period before taxes9903€4,638€1,242▼
Profit (loss) for the period9904€4,638€1,242▼
Profit (loss) for the period to be appropriated9905€4,638€1,242▼
Appropriation of the result
Profit (loss) to be appropriated9906€4,638€1,242▼
To contributions691€4,638€1,242▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Remuneration, social security and pensions62--€312,583€327,916€369,898▲ 12.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,493€10,960€4,397€4,397€5,797▲ 31.8%
Other operating charges640/8--€1,412€256€5,142▲ 1,912%
Non-recurring operating charges66A----€3,005--
Gross operating margin9900€408,006€331,397€319,270€334,834€381,133▲ 13.8%
Operating profit (loss)9901€419-€49,228€878€5,270€296▼ 94.4%
Financial income75/76B---€85€1,546▲ 1,710%
Recurring financial income75€84€2-€85€1,546▲ 1,710%
Financial charges65/66B--€691€718€600▼ 16.4%
Recurring financial charges65€103€632€691€718€600▼ 16.4%
Profit (loss) for the period before taxes9903€400-€49,858€187€4,638€1,242▼ 73.2%
Profit (loss) for the period9904€400-€49,858€187€4,638€1,242▼ 73.2%
Profit (loss) for the period to be appropriated9905€400-€49,858€187€4,638€1,242▼ 73.2%
Line20192020202120222023Change
Assets
Total assets20/58€790,202€565,538€588,708€674,587€653,115▼ 3.2%
Fixed assets21/28€21,021€17,589€13,192€8,795€7,114▼ 19.1%
Tangible fixed assets22/27€21,021€17,589€13,192€8,795€7,114▼ 19.1%
Plant, machinery and equipment23---€8,795€4,397▼ 50.0%
Furniture and vehicles24--€13,192-€2,716-
Current assets29/58€769,181€547,949€575,516€665,792€646,001▼ 3.0%
Amounts receivable within one year40/41€58,010€55,450€96,508€290,470€154,503▼ 46.8%
Trade receivables40--€57,119€181,797€7,541▼ 95.9%
Other amounts receivable41--€39,389€108,673€146,962▲ 35.2%
Current investments50/53€53,611€53,611€53,611---
Cash at bank and in hand54/58€657,560€438,888€425,252€375,322€491,498▲ 31.0%
Deferred charges and accrued income490/1--€145---
Equity and liabilities
Total equity and liabilities10/49€790,202€565,538€588,708€674,587€653,115▼ 3.2%
Equity10/15€536,149€486,290€486,477€491,114€492,356▲ 0.3%
Reserves13--€486,477€491,114€492,356▲ 0.3%
Profit (loss) carried forward14-€12,224-€12,624----
Provisions and deferred taxes16€25,000€25,000€25,000€25,000€25,000=
Provisions for liabilities and charges160/5--€25,000€25,000€25,000=
Pensions and similar obligations160----€25,000-
Other liabilities and charges164/5--€25,000€25,000--
Amounts payable17/49€229,053€54,248€77,231€158,472€135,758▼ 14.3%
Amounts payable within one year42/48€68,026€50,834€73,731€158,472€135,758▼ 14.3%
Trade debts44€5,788-€15,589€116,029€12,332▼ 89.4%
Suppliers440/4--€15,589€116,029€12,332▼ 89.4%
Taxes, remuneration and social security45--€39,940€42,443€44,525▲ 4.9%
Taxes450/3--€7,634€3,612--
Remuneration and social security454/9--€32,306€38,831€44,525▲ 14.7%
Accrued charges and deferred income492/3--€3,500---
Line20192020202120222023Change
Profit (loss) for the period9904€400-€49,858€187€4,638€1,242▼ 73.2%
+ Depreciation and write-downs630€10,493€10,960€4,397€4,397€5,797▲ 31.8%
Operating cash flow (approximation)€10,893-€38,898€4,584€9,035€7,039▼ 22.1%
Investment in fixed assets (approximation)--€7,528€0€0-€4,116▼ 4,572,989%
Change in cash--€218,672-€13,636-€49,930€116,176▲ 333%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
25-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
06-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2018net €4,638 ▲2,380%
Operating result €5,270, net result €4,638, both a record.
10-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €187
Net result €187 after one loss-making year.
25-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet -€49,858
Net result drops to -€49,858, the lowest in the series; recovery starts the following year.
17-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
23-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts

We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
10 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, Gent · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
9,157 m²
Building footprint
2,487 m²
Volume, LiDAR
31,072 m³
Parcel 44082B0134/00G000, Flanders · tallest building 20.2 m, ±3 floors. Linked by address, not a title deed.
12 companies at this address See who is registered here
1 establishment unit
Cluster van Staalplaatproducenten en -Verwerkers
Technologiepark-Zwijnaarde 48, 9052 GentNACE 74203
since 20062.158.086.484
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44082B0134/00G000 Flanders 9,157 m² 1 · 2,487 m² 20.2 m · 3 fl.
Linked by address, not proof of ownership
Good to know
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 · 7 entries · 288,766 EUR awarded · 288,766 EUR paid
Year Entries awardedpaid
2025 3 0 EUR88,391 EUR
2024 1 94,636 EUR92,774 EUR
2023 2 188,430 EUR101,901 EUR
2022 1 5,700 EUR5,700 EUR
Schemes
3 entries · 183,066 EUR · 183,066 EUR paid · Departement Onderwijs en Vorming
3 entries · 100,000 EUR · 100,000 EUR paid · Fonds voor Innoveren en Ondernemen
1 entry · 5,700 EUR · 5,700 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Quality registration as a provider

1 live approval
Quality registration as a provider
Toegekend · valid until 2031-03-19

Similar companies · same sector, comparable size

Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 34,766 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formNon-profit association
Founded13-03-1995
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
74999Other professional, scientific and technical activities
85599Other education

Scores and ratios are computed by Checked and are not a credit decision.