Ludovic CLAEYS
ActiveLudovic CLAEYS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €126k and a net result of €29k. Equity is shrinking by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 84% of 27446 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency96▲+17
Growth58=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 1.81 against 1.19 in 2024), and 20.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 43
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
79.6%
Return on assets
18.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
1 d early
2023
26 d late
2022
17 d late
2021
3 d early
2020
2 d early
2019
28 d late
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€126k▲ 0.3%
2024 · €125k
2018: €292k
2019: €209k
2020: €187k
2021: €165k
2022: €132k
2023: €126k
2024: €125k
2018 → 2025
Total assets
€158k▼ 30.7%
2024 · €227k
2018: €389k
2019: €398k
2020: €304k
2021: €249k
2022: €215k
2023: €216k
2024: €227k
2018 → 2025
Net result
€29k▲ 13.8%
2024 · €25k
2018: €23k
2019: €26k
2020: €29k
2021: €29k
2022: €7k
2023: €17k
2024: €25k
2018 → 2025
Working capital
€26k▲ 30.6%
2024 · €20k
2018: €161k
2019: €67k
2020: €52k
2021: €35k
2022: €12k
2023: €9k
2024: €20k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€165k-€132k▼ 19.9%€126k▼ 4.6%€125k▼ 0.5%€126k▲ 0.3%
Operating result€40k-€9k▼ 77.7%€22k▲ 148%€35k▲ 59.0%€41k▲ 18.6%
Net result€29k-€7k▼ 76.1%€17k▲ 145%€25k▲ 51.8%€29k▲ 13.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 19% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €158k
Fixed assets
€100k▼ 5.4%
Current assets
€58k▼ 52.5%
Equity and liabilities €158k
Equity
€126k▲ 0.3%
Debt
€32k▼ 68.6%
The debt ratio falls from 45.0% to 20.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€53k▲
2024 · €46k
Cash flow
€41k▲
2024 · €37k
Solvency
79.6%▲
2024 · 55.0%
Current ratio
1.81▲
2024 · 1.19
Quick ratio
1.81▲
2024 · 1.19
Debt / equity
0.26▼
2024 · 0.82
ROE
23.1%▲
2024 · 20.3%
ROA
18.4%▲
2024 · 11.2%
Interest coverage
276.56▲
2024 · 134.85
Debt
€32k▼
2024 · €102k
Debt ≤ 1 year
€32k▼
2024 · €102k
Income taxes
€14k▲
2024 · €13k
Staff costs
€66k▲
2024 · €62k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€227k€158k▼
Fixed assets21/28€105k€100k▼
Tangible fixed assets22/27€105k€100k▼
Land and buildings22€105k€100k▼
Financial fixed assets28€50€50=
Current assets29/58€122k€58k▼
Amounts receivable within one year40/41€19k€18k▼
Trade receivables40€15k€3k▼
Other amounts receivable41€5k€15k▲
Cash at bank and in hand54/58€103k€40k▼
Equity and liabilities
Total equity and liabilities10/49€227k€158k▼
Equity10/15€125k€126k▲
Contributions10/11€19k€19k=
Reserves13€106k€107k▲
Non-distributable reserves130/1€106k€107k▲
Reserves not available under the articles1311€106k€107k▲
Amounts payable17/49€102k€32k▼
Amounts payable within one year42/48€102k€32k▼
Trade debts44€10k€2k▼
Suppliers440/4€10k€2k▼
Taxes, remuneration and social security45€8k€2k▼
Taxes450/3€7k€2k▼
Remuneration and social security454/9€1k-
Other amounts payable47/48€84k€28k▼
Income statement
Code20242025
Remuneration, social security and pensions62€62k€66k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€12k▲
Other operating charges640/8€4k€4k▲
Gross operating margin9900€113k€123k▲
Operating profit (loss)9901€35k€41k▲
Financial income75/76B€3k€2k▼
Recurring financial income75€1k€2k▲
Non-recurring financial income76B€2k-
Financial charges65/66B€343€192▼
Recurring financial charges65€343€192▼
Profit (loss) for the period before taxes9903€38k€43k▲
Income taxes67/77€13k€14k▲
Profit (loss) for the period9904€25k€29k▲
Profit (loss) for the period to be appropriated9905€25k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€25k€29k▲
Transfer from equity791/2€26k€29k▲
Transfer to equity691/2€25k€29k▲
To other reserves6921€25k€29k▲
Profit to be distributed694/7€26k€29k▲
Return on contributions (dividend)694€26k€29k▲
The notes to these accounts (6 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Highest result since 2018net €29k ▲13.8%
Net result €29k, the highest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
31-12
Financial
Weakest financial yearnet €7k ▼76.1%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Mouscron · 1 establishment unit since 2006
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.
Dottenijsstraat(D) 77711 MouscronGround area
706 m²
Building footprint
138 m²
Parcel 54003S0716/00C000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Ludovic CLAEYS
since 20062.153.212.631
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54003S0716/00C000 | Wallonia | 706 m² | 1 · 138 m² | - |
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
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BE 0776.552.504
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VAN BEVER E.
BE 0463.103.437
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LOOSVELT SAMMY
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RB PEN RAMEN EN DEUREN
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AANNEMINGEN MARC DE WEIRDT
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Of 6,993 companies in sector 43221 we hold annual accounts for 3,445. 3,019 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-04-2006
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
45332
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.