PAUL CLAES
ActivePAUL CLAES has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.09M and a net result of €167k. Equity is growing by ~25.6% per year across the filed fiscal years. Its solvency ranks better than 66% of 1198 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+1
Solvency81▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.59 in 2024; short-term debt: 31.2% and cash: 24.2% of total assets), and 44.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 81
Relative position
BE, all sectors
reference
Sector 81
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
55.8%
Return on assets
8.6%
Age of the figures
16 mo
neutral · Filed after the deadline
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 06-01-2026, 6 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
6 d late
2024
30 d late
2023
9 d early
2022
10 d early
2021
9 d early
2020
13 d early
2019
13 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close19-09-2026 today31-12-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.09M▲ 18.1%
2024 · €920k
2019: €380k
2020: €359k
2021: €376k
2022: €569k
2023: €772k
2024: €920k
2019 → 2025
Total assets
€1.95M▼ 2.2%
2024 · €1.99M
2019: €1.31M
2020: €1.04M
2021: €1.17M
2022: €1.47M
2023: €1.70M
2024: €1.99M
2019 → 2025
Net result
€167k▲ 12.6%
2024 · €148k
2019: €88k
2020: €-22k
2021: €18k
2022: €193k
2023: €203k
2024: €148k
2019 → 2025
Working capital
€192k▼ 44.9%
2024 · €348k
2019: €99k
2020: €108k
2021: €223k
2022: €338k
2023: €340k
2024: €348k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€376k-€569k▲ 51.1%€772k▲ 35.8%€920k▲ 19.2%€1.09M▲ 18.1%
Operating result€35k-€237k▲ 574%€249k▲ 5.1%€209k▼ 15.8%€238k▲ 13.4%
Net result€18k-€193k▲ 997%€203k▲ 5.7%€148k▼ 27.2%€167k▲ 12.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 13% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.95M
Fixed assets
€1.15M▲ 8.3%
Current assets
€801k▼ 14.2%
Equity and liabilities €1.95M
Equity
€1.09M▲ 18.1%
Debt
€862k▼ 19.7%
The debt ratio falls from 53.8% to 44.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€640k▲
2024 · €536k
Cash flow
€569k▲
2024 · €475k
Solvency
55.8%▲
2024 · 46.2%
Current ratio
1.31▼
2024 · 1.59
Quick ratio
1.16▼
2024 · 1.59
Debt / equity
0.79▼
2024 · 1.17
ROE
15.3%▼
2024 · 16.1%
ROA
8.6%▲
2024 · 7.4%
Interest coverage
60.18▲
2024 · 36.59
Debt
€862k▼
2024 · €1.07M
Debt ≤ 1 year
€609k▲
2024 · €585k
Debt > 1 year
€253k▼
2024 · €488k
Income taxes
€60k▲
2024 · €47k
Staff costs
€224k▼
2024 · €236k
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€1.99M€1.95M▼
Fixed assets21/28€1.06M€1.15M▲
Tangible fixed assets22/27€1.06M€1.15M▲
Plant, machinery and equipment23€43k€123k▲
Furniture and vehicles24€770k€831k▲
Leasing and similar rights25€245k€192k▼
Financial fixed assets28€3k€3k▼
Current assets29/58€933k€801k▼
Stocks and contracts in progress3-€92k
Contracts in progress37-€92k
Amounts receivable within one year40/41€243k€225k▼
Trade receivables40€199k€182k▼
Other amounts receivable41€44k€43k▼
Cash at bank and in hand54/58€677k€472k▼
Deferred charges and accrued income490/1€13k€12k▼
Equity and liabilities
Total equity and liabilities10/49€1.99M€1.95M▼
Equity10/15€920k€1.09M▲
Contributions10/11€119k€119k=
Reserves13€802k€968k▲
Non-distributable reserves130/1€12k€12k=
Reserves not available under the articles1311€12k€12k=
Distributable reserves133€790k€957k▲
Amounts payable17/49€1.07M€862k▼
Amounts payable after more than one year17€488k€253k▼
Financial debts170/4€373k€168k▼
Other amounts payable178/9€115k€84k▼
Amounts payable within one year42/48€585k€609k▲
Current portion of amounts payable after more than one year42€223k€205k▼
Financial debts43€15k€14k▼
Credit institutions430/8€15k€14k▼
Trade debts44€298k€330k▲
Suppliers440/4€298k€330k▲
Taxes, remuneration and social security45€49k€60k▲
Taxes450/3€24k€36k▲
Remuneration and social security454/9€26k€24k▼
Income statement
Code20242025
Remuneration, social security and pensions62€236k€224k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€327k€402k▲
Other operating charges640/8€20k€27k▲
Non-recurring operating charges66A-€250
Gross operating margin9900€792k€891k▲
Operating profit (loss)9901€209k€238k▲
Financial income75/76B€173€113▼
Recurring financial income75€173€63▼
Non-recurring financial income76B-€50
Financial charges65/66B€15k€11k▼
Recurring financial charges65€15k€11k▼
Non-recurring financial charges66B-€730
Profit (loss) for the period before taxes9903€195k€226k▲
Income taxes67/77€47k€60k▲
Profit (loss) for the period9904€148k€167k▲
Profit (loss) for the period to be appropriated9905€148k€167k▲
Appropriation of the result
Profit (loss) to be appropriated9906€148k€167k▲
Transfer to equity691/2€148k€167k▲
To other reserves6921€148k€167k▲
Social balance
Average headcount (FTE)90876.15.5▼
The notes to these accounts (17 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
06-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 6 days late
2025
31-05
Financial
Equity above €1MEq €1.09M ▲18.1%
5 profitable years in a row build equity to €1.09M.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 30 days late
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-05
Financial
Highest result since 2019net €203k ▲5.7%
Operating result €249k, net result €203k, both a record.
2022
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-05
Financial
Equity above €500kEq €569k ▲51.1%
2 profitable years in a row build equity to €569k.
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-05
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
2020
18-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-05
Financial
Weakest financial yearnet €-22k ▼124%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
13-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 13 days late
2018
13-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
19-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
22-12
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
4 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, Zonhoven · 1 establishment unit since 2000
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.
Bokrijkseweg 993520 ZonhovenGround area
2,784 m²
Building footprint
358 m²
Volume, LiDAR
1,658 m³
Parcel 71442D0132/00L123, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bokrijkseweg 99, 3520 Zonhoven
since 20002.115.837.640
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71442D0132/00L123 | Flanders | 2,784 m² | 1 · 358 m² | 7.0 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 6,591 EUR awarded · 6,348 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 426 EUR | 183 EUR |
| 2023 | 2 | 6,165 EUR | 6,165 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteZonhoven2.115.837.640
Similar companies · same sector, comparable size
HAVA
BE 0418.624.482
Kaprijke · Eq €1.09M
ZEPHI
BE 0427.345.475
Orp-Jauche · Eq €1.09M
CMC LOOTENS
BE 0834.854.056
Knokke-Heist · Eq €1.08M
ENTREPRISE LETROYE
BE 0748.531.974
Seneffe · Eq €1.10M
NIJST PAUL
BE 0460.295.781
Zutendaal · Eq €1.08M
Of 21,216 companies in sector 81300 we hold annual accounts for 4,363. 1,770 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-04-2000
Fiscal year end31-05
Activities, NACEBEL
01410Raising of dairy cattle
49410Freight transport by road
81300Landscape service activities
43120Site preparation
45112
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.