P.A. CLAEYS
ActiveP.A. CLAEYS has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €178k and a net result of €50k. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 22% of 3102 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+3
Solvency32▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity short (current ratio 0.17 against 0.18 in 2024; short-term debt: 65.9% and cash: 6.8% of total assets), and 93.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 01
Relative position
BE, all sectors
reference
Sector 01
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
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
6.6%
Return on assets
1.9%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 3102 sector peers (2025).
NBB · sector comparisonPosition among 3102 sector peers
Solvency
better than 22%
← weakest
strongest →
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 17-02-2026, 72 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
72 d early
2024
43 d early
2023
75 d early
2022
130 d early
2021
99 d early
2020
100 d early
2019
126 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€178k▲ 39.3%
2024 · €128k
2018: €50k
2019: €74k
2020: €322k
2021: €272k
2022: €164k
2023: €152k
2024: €128k
2018 → 2025
Total assets
€2.70M▲ 9.6%
2024 · €2.46M
2018: €1.90M
2019: €1.88M
2020: €2.59M
2021: €2.70M
2022: €2.79M
2023: €2.60M
2024: €2.46M
2018 → 2025
Net result
€50k
2024 · €-24k
2018: €24k
2019: €25k
2020: €-2k
2021: €-50k
2022: €-109k
2023: €-12k
2024: €-24k
2018 → 2025
Working capital
€-1.48M▼ 4.4%
2024 · €-1.41M
2018: €74k
2019: €35k
2020: €79k
2021: €104k
2022: €-4k
2023: €-1.63M
2024: €-1.41M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€272k-€164k▼ 40.0%€152k▼ 7.1%€128k▼ 16.0%€178k▲ 39.3%
Operating result€-53k-€-107k▼ 102%€-8k▲ 92.7%€-20k▼ 158%€52k
Net result€-50k-€-109k▼ 119%€-12k▲ 89.4%€-24k▼ 111%€50k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €52k after a loss of €20k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.70M
Fixed assets
€2.40M▲ 11.2%
Current assets
€303k▼ 1.9%
Equity and liabilities €2.70M
Equity
€178k▲ 39.3%
Debt
€2.52M▲ 8.0%
The debt ratio falls from 94.8% to 93.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€230k▲
2024 · €210k
Cash flow
€228k▲
2024 · €205k
Solvency
6.6%▲
2024 · 5.2%
Current ratio
0.17▼
2024 · 0.18
Quick ratio
0.17▼
2024 · 0.18
Debt / equity
14.20▼
2024 · 18.32
ROE
28.2%▲
2024 · -19.1%
ROA
1.9%▲
2024 · -1.0%
Interest coverage
83.71▲
2024 · 53.76
Debt
€2.52M▲
2024 · €2.34M
Debt ≤ 1 year
€1.78M▲
2024 · €1.72M
Debt > 1 year
€742k▲
2024 · €612k
Income taxes
€474▼
2024 · €522
Staff costs
€33k▲
2024 · €30k
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€2.46M€2.70M▲
Fixed assets21/28€2.16M€2.40M▲
Tangible fixed assets22/27€2.16M€2.40M▲
Land and buildings22€1.75M€1.81M▲
Plant, machinery and equipment23€40k€74k▲
Furniture and vehicles24€361k€511k▲
Current assets29/58€309k€303k▼
Amounts receivable within one year40/41€84k€113k▲
Trade receivables40€82k€105k▲
Other amounts receivable41€2k€8k▲
Cash at bank and in hand54/58€220k€185k▼
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€2.46M€2.70M▲
Equity10/15€128k€178k▲
Contributions10/11€312k€312k=
Capital10€312k€312k=
Issued capital100€312k€312k=
Reserves13€12k€12k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€6k€6k=
Profit (loss) carried forward14€-197k€-147k▲
Amounts payable17/49€2.34M€2.52M▲
Amounts payable after more than one year17€612k€742k▲
Financial debts170/4€612k€742k▲
Amounts payable within one year42/48€1.72M€1.78M▲
Current portion of amounts payable after more than one year42€70k€70k▲
Trade debts44€11k€53k▲
Suppliers440/4€11k€53k▲
Taxes, remuneration and social security45€8k€18k▲
Taxes450/3€3k€14k▲
Remuneration and social security454/9€5k€5k▲
Other amounts payable47/48€1.63M€1.64M▲
Accrued charges and deferred income492/3€1k€1k=
Income statement
Code20242025
Non-recurring operating income76A€127k€111k▼
Remuneration, social security and pensions62€30k€33k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€230k€178k▼
Other operating charges640/8€19k€27k▲
Gross operating margin9900€259k€291k▲
Operating profit (loss)9901€-20k€52k▲
Financial income75/76B€151€1k▲
Recurring financial income75€151€1k▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€-24k€51k▲
Income taxes67/77€522€474▼
Profit (loss) for the period9904€-24k€50k▲
Profit (loss) for the period to be appropriated9905€-24k€50k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-197k€-147k▲
Profit (loss) brought forward from the previous period14P€-172k€-197k▼
The notes to these accounts (7 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
27-03
State Gazette act
Resignations & appointmentsGeneral meeting · Director reappointment · Board meeting6 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director reappointment · Board meeting6 facts ▸
- General meeting, 12 februari 2026
- Director reappointment, CLAEYS Piet (bestuurder)
- Director reappointment, CLAEYS Jos (bestuurder)
- Director reappointment, VANNIEUWENHUYSE Katleen (bestuurder)
- Board meeting, 12 februari 2026
- Director appointment, CLAEYS Piet (gedelegeerd bestuurder en voorzitter van de raad bestuur)
17-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €50k
Net result €50k after 5 loss-making years.
30-09
Financial
Equity above €150kEq €178k ▲39.3%
Equity rises from €128k to €178k.
18-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-09
Financial
Weakest financial yearnet €-109k
Net result drops to €-109k, the lowest in the series; recovery starts the following year.
21-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Equity above €200kEq €322k ▲332%
Equity rises from €74k to €322k.
2019
26-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
12-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26043207). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Jos CLAEYS
CurrentDirector · since 12-02-2026
Katleen Vannieuwenhuyse
CurrentDirector · since 12-02-2026
Piet CLAEYS
CurrentDirector · since 12-02-2026
12-02-2026
Jos CLAEYS: Mandate renewed as Director
12-02-2026
Katleen Vannieuwenhuyse: Mandate renewed as Director
12-02-2026
Piet CLAEYS: Mandate renewed as Director
12-02-2026
Piet CLAEYS: Appointed as Gedelegeerd bestuurder en voorzitter van de raad bestuur
Location & real-estate footprint
Registered office, Langemark-Poelkapelle · 1 establishment unit since 1991
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.
Steenstraat 18920 Langemark-PoelkapelleGround area
4,998 m²
Building footprint
515 m²
Volume, LiDAR
2,363 m³
Parcel 33020E0395/00K000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
P.A. CLAEYS
since 19912.054.084.173
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33020E0395/00K000 | Flanders | 4,998 m² | 1 · 515 m² | 8.6 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.
Structure & network
Connections & network
8 connected companiesLinked via shared directors
viaJos CLAEYS · Managing director
→
viaPiet CLAEYS · Director
→
viaPiet CLAEYS · Director
former→
viaPiet CLAEYS · Director
former→
Show 4 more companies with a shared director
viaJos CLAEYS · Director
former→
viaPiet CLAEYS · Director
former→
viaPiet CLAEYS · Director
former→
viaJos CLAEYS · Director
former→
Similar companies · same sector, comparable size
Vergauwe
BE 0823.672.233
Staden · Eq €178k
VRS VAN EECKHOUT
BE 0889.137.830
Estaimpuis · Eq €178k
Agrarisch Transport Renders
BE 0627.939.792
Hoogstraten · Eq €177k
MASSON OLIVIER
BE 0748.768.932
Fosses-la-Ville · Eq €177k
Beauregard
BE 0427.043.092
Tournai · Eq €179k
Of 4,676 companies in sector 01610 we hold annual accounts for 1,368. 1,145 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-08-1991
Fiscal year end30-09
Activities, NACEBEL
01500Mixed farming
01610Support activities for crop production
51210
46216Wholesale of agricultural produce and animal feed, general range
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
70100Activities of head offices
70200Business and other management consultancy
70220Business consulting
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.