Klavo
ActiveSummary
Klavo has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8k and a net result of €7k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 16546 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▲+18
Solvency46▲+15
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 3.26 against 7.72 in 2024; short-term debt: 23.9% and cash: 53.1% of total assets), but 79.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← 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 dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 16546 sector peers (2025).
NBB · sector comparisonPosition among 16546 sector peers
Solvency
better than 20%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €8k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
28 d early
2023
19 d early
2022
37 d early
2021
31 d early
2020
31 d early
2019
30 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€8k▲ 240%
2024 · €2k
2018: €8k
2019: €11k
2020: €13k
2021: €15k
2022: €16k
2023: €2k
2024: €2k
2018 → 2025
Total assets
€39k▼ 5.4%
2024 · €41k
2018: €22k
2019: €73k
2020: €67k
2021: €76k
2022: €68k
2023: €60k
2024: €41k
2018 → 2025
Net result
€7k▲ 333%
2024 · €2k
2018: €654
2019: €2k
2020: €2k
2021: €2k
2022: €848
2023: €-13k
2024: €2k
2018 → 2025
Working capital
€21k▼ 21.8%
2024 · €27k
2018: €2k
2019: €-41k
2020: €24k
2021: €22k
2022: €25k
2023: €24k
2024: €27k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€15k-€16k▲ 5.7%€2k▼ 85.0%€2k=€8k▲ 240%
Operating result€4k-€3k▼ 31.9%€-13k€3k€12k▲ 360%
Net result€2k-€848▼ 60.6%€-13k€2k€7k▲ 333%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 360% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39k
Fixed assets
€9k ▼ 16.2%
Current assets
€31k ▼ 1.8%
Equity and liabilities €39k
Equity
€8k ▲ 240%
Debt
€31k ▼ 20.3%
Debt's share of the balance-sheet total falls from 94.3% to 79.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18k▲
2024 · €9k
Cash flow
€13k▲
2024 · €8k
Current ratio
3.26▼
2024 · 7.72
Quick ratio
2.80▼
2024 · 6.22
Debt to equity
3.85▼
2024 · 16.41
ROE
91.2%▲
2024 · 71.5%
ROA
18.8%▲
2024 · 4.1%
Interest coverage
101.34▲
2024 · 16.11
Debt ≤ 1 year
€9k▲
2024 · €4k
Debt > 1 year
€22k▼
2024 · €35k
Income taxes
€4k▲
2024 · €289
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€41k€39k▼
Fixed assets21/28€10k€9k▼
Intangible fixed assets21-€2k
Tangible fixed assets22/27€10k€6k▼
Land and buildings22€2k€3k▲
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€6k€2k▼
Current assets29/58€31k€31k▼
Stocks and contracts in progress3€6k€4k▼
Stocks30/36€6k€4k▼
Amounts receivable within one year40/41€4k€2k▼
Trade receivables40€3k€2k▼
Other amounts receivable41€1k€0▼
Cash at bank and in hand54/58€19k€21k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€41k€39k▼
Equity10/15€2k€8k▲
Contributions10/11€6k€6k=
Reserves13€3k€3k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€-7k€-971▲
Amounts payable17/49€39k€31k▼
Amounts payable after more than one year17€35k€22k▼
Other amounts payable178/9€35k€22k▼
Amounts payable within one year42/48€4k€9k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€705€3k▲
Suppliers440/4€705€3k▲
Taxes, remuneration and social security45€2k€5k▲
Taxes450/3€2k€5k▲
Other amounts payable47/48€2k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Other operating charges640/8€4k€734▼
Gross operating margin9900€13k€18k▲
Operating profit (loss)9901€3k€12k▲
Financial income75/76B€17€7▼
Recurring financial income75€17€7▼
Financial charges65/66B€548€173▼
Recurring financial charges65€548€173▼
Profit (loss) for the period before taxes9903€2k€11k▲
Income taxes67/77€289€4k▲
Profit (loss) for the period9904€2k€7k▲
Profit (loss) for the period to be appropriated9905€2k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€695▲
Profit (loss) brought forward from the previous period14P€-7k€-7k=
Transfer from equity791/2€0-
Profit to be distributed694/7€2k€2k▼
Return on contributions (dividend)694€2k€2k▼
The notes to these accounts (10 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €7k ▲333%
Operating result €12k, net result €7k, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
11-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €-13k ▼1684%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
24-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Liquidity triplescurrent ratio 15.75
Current ratio from 4.69 to 15.75; short-term debt falls from €6k to €2k.
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Liquidity times 27current ratio 9.37
Current ratio from 0.35 to 9.37; short-term debt falls from €62k to €3k.
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Lokeren · 1 establishment unit since 2015
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.
Eksaarde-dorp 969160 LokerenGround area
533 m²
Building footprint
116 m²
Volume, LiDAR
616 m³
Parcel 46007B0044/00C000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Klavo
since 20152.238.689.427
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46007B0044/00C000 | Flanders | 533 m² | 1 · 116 m² | 8.9 m · 2 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
PsyLuna
BE 1002.640.302
Blankenberge · Eq €8,171
Newrons Neuroscience
BE 1023.970.107
Herent · Eq €7,970
HET BLIJMOEDIGE MEER
BE 1008.216.515
Scherpenheuvel-Zichem · Eq €8,210
Aerts E.
BE 1013.282.388
Gent · Eq €7,939
Actief Stilstaan
BE 0711.962.677
Leuven · Eq €7,932
Of 5,524 companies in sector 86931 we hold annual accounts for 550. 355 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
Founded05-01-2015
Fiscal year end31-12
Activities, NACEBEL 2025
86931Psychology services
47610Retail trade
59111Production of cinema films
59112Motion picture, video and television programme production, sound recording and music publishing activities
59130Motion picture, video and television programme production, sound recording and music publishing activities
78100Employment placement agencies
85599Other education
85699Other educational support services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.