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ClusterTech

Active
Private limited companyfounded 2023active for 3 yearsVijverstraat 69, 9860 Oosterzele, BelgiumKBO/BCE: BE 0805.881.740
Summary

ClusterTech has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €480,737 and a net result of €152,487. Its solvency ranks better than 48% of 318 sector peers (NACE 58, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Other software publishing
NACE 58290
1 site
Size
€1.1mtotal assets 2025
Equity
€480,737
Profit
€152,487
Turnover not published (abbreviated format)
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Accounts 197 days early1 of 3 deeds read
Why 93raises riskFounded in 2023lowers riskSize: total assets €1.1mSector: Publishing activities (NACE 58)Figures for financial year 2025 (filed 18-07-2025)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 48% of its sector peers (NACE 58, micro)
Financial strength
Strong
Solvency 69
equity 44.1% of total assets
Liquidity 38
short-term debt 38.0% · cash 4.1%
Profitability 86
return on assets 14.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,273 companies, NACE 58, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.6%▲ +0.1 percentage points vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.7%▲ +0.1 percentage points vs 05-2025highest value 07-2025: 0.6%▼ -0.1 percentage points vs 06-2025 08-2025: 0.1%▼ -0.5 percentage points vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.55, below 1; short-term debt: 38% and cash: 4.1% of total assets), and 55.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 58, micro): better than 47% on solvency, 24% on liquidity and 74% on profitability.

The bankruptcy probability was computed on 14-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.1m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector: Publishing activities (NACE 58)
KBO
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 18-07-2025)
NBB · annual accounts
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 18-07-2025, 197 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
197 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Capital & shares · Amendment of…Share issue · Capital ·…
  2. Annual accounts filedfinancial year 2025 · abbreviated…

Financials · financial year 2025, abbreviated format

Equity
€480,737
Total assets
€1.1m
Net result
€152,487
Working capital
-€185,997

Turnover and EBIT margin not published: the abbreviated format does not require them.

Balance-sheet composition
Assets €1.1m
Fixed assets €862,505
Current assets €228,519
Equity and liabilities €1.1m
Equity €480,737
Debt €610,287
Debt finances 55.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€595,895
Cash flow
€541,124
Current ratio
0.55
Debt to equity
1.27
ROE
31.7%
ROA
14.0%
Interest coverage
12.51
Debt ≤ 1 year
€414,516
Debt > 1 year
€193,711
Income taxes
€11,902

Peer companies

Historical observation

Of the 3,127 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97.2% are still going.

  • Small
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.8% went bankrupt
1.9% stopped otherwise
97.2% still going

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,127 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 41 lines
Balance sheet Code2025
Assets
Total assets20/58€1.1m
Fixed assets21/28€0.9m
Tangible fixed assets22/27€0.9m
Plant, machinery and equipment23€0.9m
Furniture and vehicles24€0.002m
Current assets29/58€0.2m
Amounts receivable within one year40/41€0.1m
Trade receivables40€0.02m
Other amounts receivable41€0.1m
Cash at bank and in hand54/58€0.04m
Deferred charges and accrued income490/1€0.07m
Equity and liabilities
Total equity and liabilities10/49€1.1m
Equity10/15€0.5m
Contributions10/11€0.3m
Profit (loss) carried forward14€0.2m
Amounts payable17/49€0.6m
Amounts payable after more than one year17€0.2m
Financial debts170/4€0.2m
Amounts payable within one year42/48€0.4m
Current portion of amounts payable after more than one year42€0.4m
Financial debts43€0.007m
Credit institutions430/8€0.007m
Trade debts44€0.002m
Suppliers440/4€0.002m
Accrued charges and deferred income492/3€0.002m
Income statement Code2025
Non-recurring operating income76A€0.06m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.4m
Other operating charges640/8€0.001m
Non-recurring operating charges66A€0.001m
Gross operating margin9900€0.6m
Operating profit (loss)9901€0.2m
Financial income75/76B€0.005m
Recurring financial income75€0.005m
Financial charges65/66B€0.05m
Recurring financial charges65€0.05m
Profit (loss) for the period before taxes9903€0.2m
Income taxes67/77€0.01m
Profit (loss) for the period9904€0.2m
Profit (loss) for the period to be appropriated9905€0.2m
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m
Social balance sheet
Average headcount (FTE)90870.0

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Non-recurring operating income76A€57,140
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€388,636
Other operating charges640/8€822
Non-recurring operating charges66A€658
Gross operating margin9900€597,374
Operating profit (loss)9901€207,259
Financial income75/76B€4,783
Recurring financial income75€4,783
Financial charges65/66B€47,652
Recurring financial charges65€47,652
Profit (loss) for the period before taxes9903€164,390
Income taxes67/77€11,902
Profit (loss) for the period9904€152,487
Profit (loss) for the period to be appropriated9905€152,487
Line2025
Assets
Total assets20/58€1.1m
Fixed assets21/28€0.9m
Tangible fixed assets22/27€0.9m
Plant, machinery and equipment23€0.9m
Furniture and vehicles24€0.002m
Current assets29/58€0.2m
Amounts receivable within one year40/41€0.1m
Trade receivables40€0.02m
Other amounts receivable41€0.1m
Cash at bank and in hand54/58€0.04m
Deferred charges and accrued income490/1€0.07m
Equity and liabilities
Total equity and liabilities10/49€1.1m
Equity10/15€0.5m
Contributions10/11€0.3m
Profit (loss) carried forward14€0.2m
Amounts payable17/49€0.6m
Amounts payable after more than one year17€0.2m
Financial debts170/4€0.2m
Amounts payable within one year42/48€0.4m
Current portion of amounts payable after more than one year42€0.4m
Financial debts43€0.007m
Credit institutions430/8€0.007m
Trade debts44€0.002m
Suppliers440/4€0.002m
Accrued charges and deferred income492/3€0.002m
Line2025
Profit (loss) for the period9904€152,487
+ Depreciation and write-downs630€388,636
Operating cash flow (approximation)€541,124

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
30-06-2025 abbreviated format 18-07-2025 2025-00284351

Similar companies · same sector, comparable size

Of the 1,311 active companies whose main activity is other software publishing (NACE 58290), figures are known for 601. 394 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 1 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Capital and shareholders

Capital over the years
  1. 29-12-2025 Capital stated in the deed · 12,497 shares

Group and network

Connections & network

No directors read yet: 1 of 3 Gazette acts processed.

History

ClusterTech was incorporated on 15 September 2023 as a private limited company.1 The company has filed annual accounts once, for financial year 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

2025
29-12
Gazette deed Capital & shares · Amendment of the articles
Share issue · Capital · Power of attorney9 facts ▸
  • General meeting, 22-12-2025
  • Share issue, “B”, 139517.38 (deed in Dutch)
  • Other provision, “verzaking aan verslaggeving bij inbreng in speciën, verslaggeving voorzien in §1 van zelfde artikel” (deed in Dutch)
  • Other provision, “bestaande aandeelhouders, verzaking aan wettelijk voorkeurrecht” (deed in Dutch)
  • Other provision, “inschrijving en volstorting van de inbreng” (deed in Dutch)
  • Other provision, “vaststelling dat de inbreng is verwezenlijkt” (deed in Dutch)
  • Other provision, “coördinatie van de statuten” (deed in Dutch)
  • Capital
  • Power of attorney
18-07
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
Gazette deedNBB filing
1 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded15-09-2023
Financial year end30-06
Activities, NACEBEL 2025
58290Other software publishing
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0805881740
Also 9925:BE0805881740
Registered 26-12-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 15 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Oosterzele · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
788 m²
Building footprint
181 m²
Building volume
908 m³
Parcel 44046A0706/00L000, Flanders · tallest building 7.9 m. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
ClusterTech
Vijverstraat 69, 9860 OosterzeleOther software publishing
since 2023unit no. 2.349.704.442
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
44046A0706/00L000 Flanders 788 m² 1 · 181 m² 7.9 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Het ruimte bieden voor websites, gegevensverwerking en aanverwante activiteiten; De activiteiten in verband met gespecialiseerde hosting…” (deed in Dutch)
11 activities (deed in Dutch)
  1. Het ruimte bieden voor websites, gegevensverwerking en aanverwante activiteiten;
  2. De activiteiten in verband met gespecialiseerde hosting, waaronder, webhosting, streaming services, application hosting;
  3. Het voorzien van toepassingsmodaliteiten;
  4. Het ter beschikking stellen aan klanten van mainframefaciliteiten op basis van tijdsgebruik;
  5. De gegevensverwerking, waaronder, de volledige verwerking van gegevens voor rekening van derden, het maken van gespecialiseerde rapporten op basis van gegevens die geleverd worden door de klant en het nummeren van documenten;
  6. Het invoeren van gegevens;
  7. Toegang tot internetplatforms verkopen;
  8. Het analyseren en ontwerpen van computersystemen waarbij hardware, software en communicatietechnologie worden geïntegreerd. De dienstverlening kan ook een opleiding voor de desbetreffende gebruikers omvatten;
  9. Het verlenen van advies over soorten computers (hardware) en hun configuratie en over de toepassing van de bijbehorende programmatuur (software), alsook het analyseren van de behoeften en problemen van de gebruiker en het aanbieden van de beste oplossing;
  10. Zelfstandig consultant die diensten aanbiedt met betrekking tot websites, zichtbaarheid in zoekmachines,...
  11. Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer van roerend en onroerend patrimonium, met inbegrip van het verwerven en het vervreemden, het laten opschikken, uitrusten, renoveren of ombouwen van alle onroerende goederen met het oog op exploitatie ervan of met het oog op wederverkoop.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
ClusterTech
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, voor zover dit geen wijziging veroorzaakt inzake het op de vennootschap toepasselijke taalregime” (deed in Dutch)

deed of 29-12-2025

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Bestuursorgaan, met of zonder beperking van duur” (deed in Dutch)

deed of 29-12-2025

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Alle procedure- en expertisekosten zijn voor de helft ten laste van de overdrager en voor de andere helft ten laste van de koper(s), naar…” (deed in Dutch)

deed of 29-12-2025

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Friday of December

deed of 29-12-2025

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Bij ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie krachtens statuten indien geen andere vereffenaar benoemd” (deed in Dutch)

deed of 29-12-2025

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Aandelen moeten bij hun uitgifte worden volgestort, tenzij het bevoegde orgaan hier anders over beslist, stortingsplicht” (deed in Dutch)
Other provision: “Ten minste vijftien dagen, inbreng in geld met uitgifte van nieuwe aandelen – recht van voorkeur” (deed in Dutch)
Other provision: “Aard van de aandelen, ingeschreven in het register van aandelen op naam; dit register omvat de vermeldingen die zijn voorgeschreven door het…” (deed in Dutch)
Other provision: “Vergoeding van de bestuurders, op algemene kosten,los van representatie-,reis-en verplaatsingskosten” (deed in Dutch)
Other provision: “Dagelijks bestuur, kan hen op elk ogenblik ontslaan” (deed in Dutch)
Other provision: “Controle van de vennootschap, een of meerdere commissarissen” (deed in Dutch)
Other provision: “Toegang tot de algemene vergadering, voldoen aan voorwaarden voor toelating en voor aandeelhouders voor uitoefening stemrecht” (deed in Dutch)
Other provision: “Zittingen-processen-verbaal, aanwezigheidslijst en eventuele verslagen,volmachten of schriftelijke stemmingen worden aangehecht” (deed in Dutch)
Other provision: “Beraadslagingen algemene vergadering, elke aandeelhouder kan aan ieder ander persoon,al dan niet aandeelhouder,door alle middelen van…” (deed in Dutch)
Other provision: “Verdaging algemene vergadering, tijdens de zitting” (deed in Dutch)
Other provision: “Schriftelijke algemene vergadering, niet tijdig toegekomen unaniem goedgekeurde besluiten in één of meerdere exemplaren verliezen elke…” (deed in Dutch)
Other provision: “Algemene vergadering op afstand en voorafgaande stemming, langs elektronische weg via in oproeping vermeld adres” (deed in Dutch)
Other provision: “Bestemming winst-reserves, winstuitkering slechts voor zover voldaan aan wettelijke vereisten balanstest en liquiditeitstest” (deed in Dutch)
Other provision: “Uitkering dividenden en interimdividenden, winst lopende boekjaar of winst voorgaande boekjaar zolang jaarrekening nog niet goedgekeurd” (deed in Dutch)
Liquidation distribution: “Nog in natura voorhanden goederen op dezelfde wijze verdeeld, aanzuivering alle schulden lasten en kosten of consignatie nodige sommen” (deed in Dutch)
Other provision: “Alle mededelingen aanmaningen dagvaardingen en betekeningen geldig, woonstkeuze” (deed in Dutch)
Other provision: “Elk betwisting omtrent zaken vennootschap en uitvoering statuten tussen vennootschap effectenhouders bestuurders commissarissen en…” (deed in Dutch)
Other provision: “Gemeen recht, clausules strijdig met dwingende bepalingen geacht niet geschreven” (deed in Dutch)

deed of 29-12-2025