Equity
-€1.0m
Debts exceed assets in financial year 2025.
CLOVIS
Lifetime
18 annual accounts with figures on one time axispeak €236,579 (2025)
€236,579▲ 18.3%
lowest -€357,479 (2021)
-€92,949▲ €9,385
peak €52,609 (2017)
-€1.0m▼ €92,949
€1.8m▲ 1.6%
peak 4.9 FTE (2025)
4.9 FTE▲ 2.1%
Board3 names since 2020
1 directorCAVEMAN
Documentsfilings and deeds
13-04-202617 days before the deadline
2025abbreviated format
Gross margin from €200,038 to €236,579Loss of €92,949
Key points
from the 2025 annual accountsLosses
-€1.1m in six years
Every financial year from 2020 to 2025 closed with a loss. 2021 was the heaviest.
Debts
€1.8m 232% of the balance sheet
Financial debts 1%Suppliers 5%Taxes and wages 2%Other 92%
Of this, €1.8m falls due within a year.
Staff
4.9 FTE from 8.1 in 2021
Between 2021 and 2025, 40% of the full-time equivalents disappeared.
Filings
18 annual accounts since 2008
Five of the last ten came late. The 2019 accounts came latest: 41 days after the end of the period.
Position in the sector
-132.4%
Lower solvency than 95% of companies in retail trade. Sector median 36.6% · 12,856 companies.
Checked score
35
Weak
Financially stronger than 14% of micro companies in retail trade (NACE 47)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 6.3%highest value
01-2025: 6.3%● unchanged vs 12-2024
02-2025: 6.2%▼ -0.1 percentage points vs 01-2025
03-2025: 6.1%▼ -0.1 percentage points vs 02-2025
04-2025: 6.2%▲ +0.1 percentage points vs 03-2025
05-2025: 5.7%▼ -0.5 percentage points vs 04-2025
06-2025: 5.7%● unchanged vs 05-2025
07-2025: 5.7%● unchanged vs 06-2025
08-2025: 5.7%● unchanged vs 07-2025
09-2025: 5.7%● unchanged vs 08-2025
10-2025: 5.7%● unchanged vs 09-2025
11-2025: 5.7%● unchanged vs 10-2025
12-2025: 5.5%▼ -0.2 percentage points vs 11-2025
01-2026: 5.5%● unchanged vs 12-2025
02-2026: 5.4%▼ -0.1 percentage points vs 01-2026
03-2026: 5.2%▼ -0.2 percentage points vs 02-2026
04-2026: 5.4%▲ +0.2 percentage points vs 03-2026
05-2026: 5.0%▼ -0.4 percentage points vs 04-2026lowest value
06-2026: 5.0%● unchanged vs 05-2026lowest value
07-2026: 5.0%● unchanged vs 06-2026lowest value
08-2026: 5.0%● unchanged vs 07-2026lowest value
09-2026: 5.0%● unchanged vs 08-2026lowest value
10-2026: 5.0%● unchanged vs 09-2026
11-2026: 5.0%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Negative equity -€1.0m
Loss of €92,949, the second in a row (financial year 2025)
Sector: Retail trade (NACE 47)
Liquidity: current ratio 0.09, cash €13,329
Calculation
The band follows from the bankruptcy probability. 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 47, micro). It does better than 6% of them on solvency, 4% on liquidity, 19% on profitability and 26% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,907 companies had the same profile as CLOVIS has now. Each dot stands for 18 companies, two years later.
85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CLOVIS itself: 5.0% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,907 companies, not a prediction for CLOVIS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.09 (0.05 in 2024), below 1. Short-term debt is 229.7% and cash 1.7% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€1.0m
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 13-04-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 days early
2024
2 days early
2023
43 days early
2022
31 days late
2021
31 days late
2020
32 days late
2019
41 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 10 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 28 April (4 of the last 5 accounts filed within 33 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end11-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0893412758
Environmental permit granted
Bouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Waregem
Merger: Herman KF takes over Herman KF
Company renamed from HERMAN KF to CLOVIS · New name: CLOVIS · Change of role: CAVEMAN, from manager to director · General meeting of 31-03-2021 · Gazette deed
Merger proposal: HERMAN KF takes over CLOVIS
Permanent representative: Carl Veys · “De uitbating van een grootwarenhuis, de kleinhandel in voedingswaren (met inbegrip van vleeswaren), tabaks- en…” (deed in Dutch) · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CLOVIS Waregem | €778,858 | €236,579 | -132.4% | 4.9 |
| Mihthra Lebbeke | €700,869 | €218,259 | 10.9% | 3.6 |
| BIOCENTRE La Louvière | €625,850 | €249,668 | 36.2% | 5.7 |
| TAN Ixelles | €652,083 | €261,271 | 62.9% | 5.2 |
| EQUILIBRE3 Hove | €817,569 | €264,827 | 70.2% | 3.4 |
| CASA DELL'ANNO Maldegem | €580,529 | €248,484 | 53.0% | 3.9 |
| ALTITUDE VIE Chimay | €773,623 | €351,063 | 46.8% | 4.8 |
These companies have the same main activity as CLOVIS: other retail sale of food (NACE 47279). They are comparable in size and age: total assets between €581,000 and €818,000, founded between 2001 and 2010.
Official details
Source: KBO- Status
- Active since 07-11-2007Normal situation
- Activity
- Other retail sale of foodNACE 47279and 4 others
- Joint committee
- 201Independent retail · annual accounts 30-09-2025
- Establishment unit
- 2.312.985.1908790 Waregem, since 05-01-2021
- Financial year end
- 30 September
- Peppol
- Reachable since 30-10-2025
Annual accounts to 30-09-2025
- ≈ €1.1mestimated
- €778,858▼ 7.6%
- Employeeson 30-09-2025
- 4=
- Filing
- Filed on 13-04-2026, 17 days before the end of the filing period
Insights on CLOVIS
CLOVIS files the abbreviated format. That format states no turnover. The gross margin rose from €17,279 in 2008 to €236,579 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CLOVIS
- What is the company number of CLOVIS?
- The company number of CLOVIS is 0893.412.758. The VAT number is the same number with BE in front: BE 0893.412.758.
- Where is CLOVIS based?
- The registered office is at Markt 13, 8790 Waregem.Company details
- What does CLOVIS do?
- According to the KBO register, the main activity is other retail sale of food (NACE 47279).
- What is the legal form of CLOVIS?
- CLOVIS is a private limited company (BV).
- When was CLOVIS founded?
- CLOVIS was founded on 07-11-2007.
- Is CLOVIS still active?
- Yes, CLOVIS is an active enterprise in the KBO register.
- How many employees does CLOVIS have?
- CLOVIS had an average of 4.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does CLOVIS fall under?
- In its 30-09-2025 annual accounts, CLOVIS states joint committee 201 (Independent retail).
- What is the turnover of CLOVIS?
- The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €236,579 and 30 comparable companies (NACE 472). It probably lies between €640,000 and €1.9m. In financial year 2021 turnover was €575,827.
- Is CLOVIS profitable?
- In financial year 2025, CLOVIS made a loss of €92,949.
- Where can I find the annual accounts of CLOVIS?
- CLOVIS filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CLOVIS due?
- CLOVIS must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.