VAN CLEVEN
ActiveVAN CLEVEN has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.97M and a net result of €2.06M. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 75% of 311 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+9
Solvency84▲+24
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €240k at 30 days acceptable
Liquidity ample (current ratio 2.54 against 1.56 in 2024; short-term debt: 37.9% and cash: 8.3% of total assets), and 41.3% 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○neutral
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
58.7%
Return on assets
40.7%
Age of the figures
9 mo
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
31 d early
2023
57 d early
2022
54 d early
2021
46 d early
2020
4 d early
2019
15 d early
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2.06M▲ 126%
2024 · €912k
2018: €134k
2019: €208k
2020: €359k
2021: €493k
2022: €781k
2023: €600k
2024: €912k
2018 → 2025
Working capital
€2.97M▲ 70.9%
2024 · €1.74M
2018: €1.25M
2019: €1.50M
2020: €1.78M
2021: €1.45M
2022: €1.76M
2023: €1.59M
2024: €1.74M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.65M-€1.88M▲ 14.2%€1.68M▼ 10.5%€1.76M▲ 4.4%€2.97M▲ 68.9%
Operating result€630k-€1.03M▲ 62.6%€773k▼ 24.6%€1.13M▲ 46.2%€2.70M▲ 139%
Net result€493k-€781k▲ 58.4%€600k▼ 23.2%€912k▲ 52.0%€2.06M▲ 126%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 139% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.06M
Fixed assets
€175k▲ 9.6%
Current assets
€4.89M▲ 0.7%
Equity and liabilities €5.06M
Equity
€2.97M▲ 68.9%
Provisions
€170k▲ 25.0%
Debt
€1.92M▼ 38.4%
The debt ratio falls from 62.2% to 38.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.78M▲
2024 · €1.24M
Cash flow
€2.14M▲
2024 · €1.02M
Solvency
58.7%▲
2024 · 35.1%
Current ratio
2.54▲
2024 · 1.56
Quick ratio
2.45▲
2024 · 1.49
Debt / equity
0.65▼
2024 · 1.77
ROE
69.4%▲
2024 · 51.9%
ROA
40.7%▲
2024 · 18.2%
Interest coverage
1159.53▲
2024 · 636.19
Debt
€1.92M▼
2024 · €3.12M
Debt ≤ 1 year
€1.92M▼
2024 · €3.12M
Income taxes
€667k▲
2024 · €287k
Staff costs
€1.70M▼
2024 · €1.71M
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€5.01M€5.06M▲
Fixed assets21/28€159k€175k▲
Tangible fixed assets22/27€156k€172k▲
Plant, machinery and equipment23€21k€17k▼
Furniture and vehicles24€109k€140k▲
Other tangible fixed assets26€26k€14k▼
Financial fixed assets28€3k€3k▼
Current assets29/58€4.85M€4.89M▲
Stocks and contracts in progress3€213k€190k▼
Stocks30/36€173k€131k▼
Contracts in progress37€41k€59k▲
Amounts receivable within one year40/41€2.12M€1.02M▼
Trade receivables40€2.06M€752k▼
Other amounts receivable41€69k€269k▲
Current investments50/53€2.35M€3.25M▲
Cash at bank and in hand54/58€153k€420k▲
Deferred charges and accrued income490/1€13k€8k▼
Equity and liabilities
Total equity and liabilities10/49€5.01M€5.06M▲
Equity10/15€1.76M€2.97M▲
Contributions10/11€360k€360k=
Capital10€360k€360k=
Issued capital100€360k€360k=
Reserves13€1.40M€2.61M▲
Non-distributable reserves130/1€55k€55k=
Legal reserve130€55k€55k=
Reserves not available under the articles1311€26€26=
Distributable reserves133€1.34M€2.56M▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€136k€170k▲
Provisions for liabilities and charges160/5€136k€170k▲
Other liabilities and charges164/5€136k€170k▲
Amounts payable17/49€3.12M€1.92M▼
Amounts payable within one year42/48€3.12M€1.92M▼
Trade debts44€165k€393k▲
Suppliers440/4€165k€393k▲
Advances received on contracts in progress46€1.93M€1.25M▼
Taxes, remuneration and social security45€185k€174k▼
Taxes450/3€7k€8k▲
Remuneration and social security454/9€178k€166k▼
Other amounts payable47/48€838k€100k▼
Accrued charges and deferred income492/3€222€196▼
Income statement
Code20242025
Non-recurring operating income76A€2k€2k▲
Remuneration, social security and pensions62€1.71M€1.70M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€111k€79k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Provisions for liabilities and charges: additions (uses and reversals)635/8€16k€34k▲
Other operating charges640/8€4k€8k▲
Non-recurring operating charges66A€2k€0▼
Gross operating margin9900€2.97M€4.53M▲
Operating profit (loss)9901€1.13M€2.70M▲
Financial income75/76B€72k€28k▼
Recurring financial income75€72k€28k▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€1.20M€2.73M▲
Income taxes67/77€287k€667k▲
Profit (loss) for the period9904€912k€2.06M▲
Profit (loss) for the period to be appropriated9905€912k€2.06M▲
Appropriation of the result
Profit (loss) to be appropriated9906€912k€2.06M▲
Transfer from equity791/2€0€750k▲
Transfer to equity691/2€75k€1.96M▲
To other reserves6921€75k€1.96M▲
Profit to be distributed694/7€838k€850k▲
Return on contributions (dividend)694€750k€750k=
Directors or managers695€88k€100k▲
Social balance
Average headcount (FTE)908720.519.6▼
The notes to these accounts (16 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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €2.06M ▲126%
Operating result €2.70M, net result €2.06M, both a record.
31-12
Financial
Equity above €2MEq €2.97M ▲68.9%
8 profitable years in a row build equity to €2.97M.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-07
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
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
03-11-2025
EMONDS: Resigned as Director
31-03-2020
Martine Van Cleven: Resigned as Director
31-03-2020
REWIMMO HASSELT: Resigned as Director
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 1989
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.
Bedrijfsstraat 143500 HasseltGround area
1.1 ha
Building footprint
4,670 m²
Parcel 71322A0266/00F002, Flanders. Linked by address, not a title deed.
1 establishment unit
VAN CLEVEN NV
since 19892.006.355.918
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71322A0266/00F002 | Flanders | 1.1 ha | 1 · 4,670 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 419 EUR awarded · 419 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 419 EUR | 419 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
2 categoriesVAN CLEVEN NV14910
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ETABLISSEMENTS RENKIN
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Of 463 companies in sector 28250 we hold annual accounts for 285. 141 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded13-04-1989
Fiscal year end31-12
Activities, NACEBEL
28250Manufacture of machinery and equipment not elsewhere classified
29230
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.