KLERBAT
ActiveThe file of KLERBAT contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 3.4% (moderate). The 2024 annual accounts show equity of €73,636 and a net result of -€20,353. Equity is growing by ~29.2% per year across the filed fiscal years. Its solvency ranks better than 55% of 36386 sector peers (fiscal year 2024).
Checked score
Score 2024
Axes · tick = 2023
Profitability1▼-99
Solvency76▼-19
Growth52▼-26
Track record79
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days only on tighter terms
Liquidity ample (current ratio 1.96 against 3.07 in 2023; short-term debt: 48.9% and cash: 8.5% of total assets), and 48.9% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
+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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
51.1%
Return on assets
-14.1%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-11-2025, 111 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
111 d late
2023
146 d late
2022
129 d late
2021
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 112 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€73,636▼ 21.7%
2023 · €93,989
Total assets
€144,114▲ 6.8%
2023 · €134,971
Net result
-€20,353
2023 · €74,583
Working capital
€67,544▼ 20.4%
2023 · €84,814
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€53,584--€24,840€89,878-€23,321
Net result€42,462above the sector's middle half--€25,056below the sector's middle half€74,583above the sector's middle half-€20,353below the sector's middle half
Equity€44,462within the sector's middle half-€19,407below the sector's middle half▼ 56.4%€93,989within the sector's middle half▲ 384%€73,636within the sector's middle half▼ 21.7%
Total assets€60,629below the sector's middle half-€67,885below the sector's middle half▲ 12.0%€134,971within the sector's middle half▲ 98.8%€144,114within the sector's middle half▲ 6.8%
Debt€16,166-€48,479▲ 200%€40,981▼ 15.5%€70,478▲ 72.0%
Working capital€41,810within the sector's middle half-€8,162within the sector's middle half▼ 80.5%€84,814within the sector's middle half▲ 939%€67,544within the sector's middle half▼ 20.4%
Solvency73.3%above the sector's middle half-28.6%within the sector's middle half▼ 44.7pp69.6%above the sector's middle half▲ 41.0pp51.1%within the sector's middle half▼ 18.5pp
Current ratio3.59above the sector's middle half-1.17within the sector's middle half▼ 2.423.07within the sector's middle half▲ 1.901.96within the sector's middle half▼ 1.11
Return on assets (ROA)70.0%above the sector's middle half--36.9%below the sector's middle half▼ 106.9pp55.3%above the sector's middle half▲ 92.2pp-14.1%below the sector's middle half▼ 69.4pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €23,321 after €89,878 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €144,114
Fixed assets
€6,092 ▼ 33.6%
Current assets
€138,022 ▲ 9.7%
Equity and liabilities €144,114
Equity
€73,636 ▼ 21.7%
Debt
€70,478 ▲ 72.0%
Debt's share of the balance-sheet total rises from 30.4% to 48.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€19,266▼
2023 · €93,469
Cash flow
-€16,298▼
2023 · €78,174
Debt to equity
0.96▲
2023 · 0.44
ROE
-27.6%▼
2023 · 79.4%
Interest coverage
-109.82▼
2023 · 676.13
Debt ≤ 1 year
€70,478▲
2023 · €40,981
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,597 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 87% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.8%
went bankrupt
9.2%
stopped otherwise
87%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.4% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,597 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
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €398,949 | €113,591 | €117,252 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33 | €550 | €3,591 | €4,055 | ▲ 12.9% |
| Other operating charges640/8 | €348 | - | - | €170 | - |
| Non-recurring operating charges66A | - | - | €544 | - | - |
| Gross operating margin9900 | €53,965 | -€24,290 | €94,013 | -€19,096 | ▼ 120% |
| Operating profit (loss)9901 | €53,584 | -€24,840 | €89,878 | -€23,321 | ▼ 126% |
| Financial income75/76B | €223 | - | - | €3,143 | - |
| Recurring financial income75 | €223 | - | - | €3,143 | - |
| Financial charges65/66B | €66 | €216 | €138 | €175 | ▲ 26.9% |
| Recurring financial charges65 | €66 | €216 | €138 | €175 | ▲ 26.9% |
| Profit (loss) for the period before taxes9903 | €53,742 | -€25,056 | €89,739 | -€20,353 | ▼ 123% |
| Income taxes67/77 | €11,279 | - | €15,157 | - | - |
| Profit (loss) for the period9904 | €42,462 | -€25,056 | €74,583 | -€20,353 | ▼ 127% |
| Profit (loss) for the period to be appropriated9905 | €42,462 | -€25,056 | €74,583 | -€20,353 | ▼ 127% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €60,629 | €67,885 | €134,971 | €144,114 | ▲ 6.8% |
| Fixed assets21/28 | €2,652 | €11,245 | €9,175 | €6,092 | ▼ 33.6% |
| Tangible fixed assets22/27 | €977 | €9,570 | €7,500 | €4,417 | ▼ 41.1% |
| Plant, machinery and equipment23 | - | €1,105 | €1,233 | €648 | ▼ 47.4% |
| Furniture and vehicles24 | €977 | €8,465 | €6,267 | €3,769 | ▼ 39.9% |
| Financial fixed assets28 | €1,675 | €1,675 | €1,675 | €1,675 | = |
| Current assets29/58 | €57,976 | €56,640 | €125,795 | €138,022 | ▲ 9.7% |
| Amounts receivable within one year40/41 | €47,053 | €28,841 | €88,435 | €125,734 | ▲ 42.2% |
| Trade receivables40 | €25,703 | €25,703 | €29,803 | €61,835 | ▲ 107% |
| Other amounts receivable41 | €21,350 | €3,138 | €58,632 | €63,900 | ▲ 9.0% |
| Cash at bank and in hand54/58 | €10,923 | €27,062 | €36,623 | €12,287 | ▼ 66.4% |
| Deferred charges and accrued income490/1 | - | €738 | €738 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €60,629 | €67,885 | €134,971 | €144,114 | ▲ 6.8% |
| Equity10/15 | €44,462 | €19,407 | €93,989 | €73,636 | ▼ 21.7% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €42,462 | €17,407 | €91,989 | €71,636 | ▼ 22.1% |
| Amounts payable17/49 | €16,166 | €48,479 | €40,981 | €70,478 | ▲ 72.0% |
| Amounts payable within one year42/48 | €16,166 | €48,479 | €40,981 | €70,478 | ▲ 72.0% |
| Trade debts44 | €4,887 | €37,082 | €26,045 | €55,314 | ▲ 112% |
| Suppliers440/4 | €4,887 | €37,082 | €26,045 | €55,314 | ▲ 112% |
| Taxes, remuneration and social security45 | €11,279 | €11,279 | €14,936 | €15,164 | ▲ 1.5% |
| Taxes450/3 | €11,279 | €11,279 | €14,936 | €15,164 | ▲ 1.5% |
| Other amounts payable47/48 | - | €118 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €42,462 | -€25,056 | €74,583 | -€20,353 | ▼ 127% |
| + Depreciation and write-downs630 | €33 | €550 | €3,591 | €4,055 | ▲ 12.9% |
| Operating cash flow (approximation) | €42,495 | -€24,506 | €78,174 | -€16,298 | ▼ 121% |
| Investment in fixed assets (approximation) | - | -€9,143 | -€1,521 | -€972 | ▲ 36.1% |
| Change in cash | - | €16,139 | €9,561 | -€24,336 | ▼ 355% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
19-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 111 days late
2024
24-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 146 days late
19-02
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Brussel · event 13-02-2024
2023
31-12
Financial
Back to profitnet €74,583
Net result €74,583 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 3.07
Current ratio from 1.17 to 3.07; short-term debt falls from €48,479 to €40,981.
12-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 05-12-2023
07-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 129 days late
2022
31-12
Financial
Weakest financial yearnet -€25,056
Net result drops to -€25,056, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Mons · 1 establishment unit since 2025
Ground area
1,479 m²
Building footprint
1,141 m²
Volume, LiDAR
10,782 m³
Parcel 53403G0152/00D000, Wallonia · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
22
companies at this address
See who is registered here
1 establishment unit
Rue des Droits de l'Homme 2, 7000 Mons
since 20252.373.995.024
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53403G0152/00D000 | Wallonia | 1,479 m² | 1 · 1,141 m² | 12.0 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | TOON PROOST VICTOR NONNEMANSTRAAT 15 B,
1600 SINT-PIETERS-LEEUW |
05-12-2023 → 13-02-2024 |
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Of 15,524 companies in sector 43990 we hold annual accounts for 7,427. 6,243 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0765341084
Also
9925:BE0765341084
Registered
28-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.