VAN KLEEF
ActiveSummary
VAN KLEEF has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €753k and a net result of €174k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 46% of 378 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▼-11
Solvency58▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 1.65 against 1.26 in 2024; short-term debt: 51.8% and cash: 9.3% of total assets), but 67.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
32.8%
Return on assets
7.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Accommodation (NACE 55)
about 6% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €753k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
28 d late
2023
29 d late
2022
30 d late
2021
60 d late
2020
31 d late
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 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
€174k▼ 46.5%
2024 · €325k
2018: €89k
2019: €130k▲ +45.2% vs 2018
2020: €-112k▼ -187% vs 2019lowest in 8 years
2021: €146k▲ +230% vs 2020
2022: €490k▲ +235% vs 2021
2023: €547k▲ +11.7% vs 2022highest in 8 years
2024: €325k▼ -40.6% vs 2023
2025: €174k▼ -46.5% vs 2024
2018 → 2025
Working capital
€775k▲ 128%
2024 · €340k
2018: €-30k
2019: €-37k▼ -25.0% vs 2018lowest in 8 years
2020: €32k▲ +185% vs 2019
2021: €142k▲ +348% vs 2020
2022: €17k▼ -88.0% vs 2021
2023: €15k▼ -14.8% vs 2022
2024: €340k▲ +2243% vs 2023
2025: €775k▲ +128% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€118k-€208k▲ 75.6%€255k▲ 22.5%€579k▲ 127%€753k▲ 30.0%
2021: €118klowest in 5 years
2022: €208k▲ +75.6% vs 2021
2023: €255k▲ +22.5% vs 2022
2024: €579k▲ +127% vs 2023
2025: €753k▲ +30.0% vs 2024highest in 5 years
Operating result€165k-€528k▲ 220%€600k▲ 13.6%€474k▼ 21.0%€276k▼ 41.7%
2021: €165klowest in 5 years
2022: €528k▲ +220% vs 2021
2023: €600k▲ +13.6% vs 2022highest in 5 years
2024: €474k▼ -21.0% vs 2023
2025: €276k▼ -41.7% vs 2024
Net result€146k-€490k▲ 235%€547k▲ 11.7%€325k▼ 40.6%€174k▼ 46.5%
2021: €146klowest in 5 years
2022: €490k▲ +235% vs 2021
2023: €547k▲ +11.7% vs 2022highest in 5 years
2024: €325k▼ -40.6% vs 2023
2025: €174k▼ -46.5% vs 2024
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 42% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.30M
Fixed assets
€333k ▼ 3.3%
Current assets
€1.96M ▲ 19.9%
Equity and liabilities €2.30M
Equity
€753k ▲ 30.0%
Debt
€1.54M ▲ 10.1%
Debt's share of the balance-sheet total falls from 70.8% to 67.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€363k▼
2024 · €565k
Cash flow
€260k▼
2024 · €416k
Current ratio
1.65▲
2024 · 1.26
Debt to equity
2.05▼
2024 · 2.42
ROE
23.1%▼
2024 · 56.0%
ROA
7.6%▼
2024 · 16.4%
Interest coverage
10.57▼
2024 · 16.26
Debt ≤ 1 year
€1.19M▼
2024 · €1.30M
Debt > 1 year
€355k▲
2024 · €104k
Income taxes
€68k▼
2024 · €114k
Staff costs
€582k▲
2024 · €534k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.98M€2.30M▲
Fixed assets21/28€344k€333k▼
Tangible fixed assets22/27€338k€327k▼
Land and buildings22€191k€195k▲
Plant, machinery and equipment23€37k€28k▼
Furniture and vehicles24€110k€103k▼
Financial fixed assets28€6k€6k=
Current assets29/58€1.64M€1.96M▲
Amounts receivable within one year40/41€1.22M€1.67M▲
Trade receivables40€37k€21k▼
Other amounts receivable41€1.19M€1.65M▲
Cash at bank and in hand54/58€338k€215k▼
Deferred charges and accrued income490/1€77k€79k▲
Equity and liabilities
Total equity and liabilities10/49€1.98M€2.30M▲
Equity10/15€579k€753k▲
Contributions10/11€80k€80k=
Capital10€80k€80k=
Issued capital100€80k€80k=
Profit (loss) carried forward14€499k€673k▲
Amounts payable17/49€1.40M€1.54M▲
Amounts payable after more than one year17€104k€355k▲
Financial debts170/4€104k€355k▲
Amounts payable within one year42/48€1.30M€1.19M▼
Current portion of amounts payable after more than one year42€134k€216k▲
Trade debts44€182k€236k▲
Suppliers440/4€182k€236k▲
Advances received on contracts in progress46€5k€4k▼
Taxes, remuneration and social security45€28k€24k▼
Taxes450/3€4k€145▼
Remuneration and social security454/9€23k€24k▲
Other amounts payable47/48€951k€709k▼
Accrued charges and deferred income492/3€403€333▼
Income statement
Code20242025
Remuneration, social security and pensions62€534k€582k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€91k€87k▼
Other operating charges640/8€51k€42k▼
Gross operating margin9900€1.15M€987k▼
Operating profit (loss)9901€474k€276k▼
Financial income75/76B€32€172▲
Recurring financial income75€32€172▲
Financial charges65/66B€35k€34k▼
Recurring financial charges65€35k€34k▼
Profit (loss) for the period before taxes9903€439k€242k▼
Income taxes67/77€114k€68k▼
Profit (loss) for the period9904€325k€174k▼
Profit (loss) for the period to be appropriated9905€325k€174k▼
Appropriation of the result
Profit (loss) to be appropriated9906€499k€673k▲
Profit (loss) brought forward from the previous period14P€175k€499k▲
Profit to be distributed694/7€0-
Directors or managers695€0-
Social balance
Average headcount (FTE)908711.310.8▼
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €219k | €364k | €524k | €534k | €582k | ▲ 8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €67k | €44k | €78k | €91k | €87k | ▼ 4.6% |
| Other operating charges640/8 | €28k | €31k | €40k | €51k | €42k | ▼ 17.1% |
| Gross operating margin9900 | €479k | €966k | €1.24M | €1.15M | €987k | ▼ 14.2% |
| Operating profit (loss)9901 | €165k | €528k | €600k | €474k | €276k | ▼ 41.7% |
| Financial income75/76B | €59 | €8 | €109 | €32 | €172 | ▲ 438% |
| Recurring financial income75 | €59 | €8 | €109 | €32 | €172 | ▲ 438% |
| Financial charges65/66B | €18k | €21k | €31k | €35k | €34k | ▼ 1.1% |
| Recurring financial charges65 | €18k | €21k | €31k | €35k | €34k | ▼ 1.1% |
| Profit (loss) for the period before taxes9903 | €147k | €507k | €569k | €439k | €242k | ▼ 44.9% |
| Income taxes67/77 | €915 | €18k | €22k | €114k | €68k | ▼ 40.3% |
| Profit (loss) for the period9904 | €146k | €490k | €547k | €325k | €174k | ▼ 46.5% |
| Profit (loss) for the period to be appropriated9905 | €146k | €490k | €547k | €325k | €174k | ▼ 46.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €725k | €1.19M | €1.72M | €1.98M | €2.30M | ▲ 15.9% |
| Fixed assets21/28 | €112k | €215k | €373k | €344k | €333k | ▼ 3.3% |
| Tangible fixed assets22/27 | €106k | €209k | €367k | €338k | €327k | ▼ 3.4% |
| Land and buildings22 | €83k | €140k | €218k | €191k | €195k | ▲ 2.1% |
| Plant, machinery and equipment23 | €4k | €27k | €41k | €37k | €28k | ▼ 23.4% |
| Furniture and vehicles24 | €19k | €42k | €108k | €110k | €103k | ▼ 6.3% |
| Financial fixed assets28 | €6k | €6k | €6k | €6k | €6k | = |
| Current assets29/58 | €613k | €975k | €1.35M | €1.64M | €1.96M | ▲ 19.9% |
| Amounts receivable within one year40/41 | €452k | €637k | €903k | €1.22M | €1.67M | ▲ 36.6% |
| Trade receivables40 | €5k | €8k | €544 | €37k | €21k | ▼ 44.4% |
| Other amounts receivable41 | €448k | €629k | €903k | €1.19M | €1.65M | ▲ 39.1% |
| Cash at bank and in hand54/58 | €113k | €334k | €442k | €338k | €215k | ▼ 36.5% |
| Deferred charges and accrued income490/1 | €47k | €4k | €320 | €77k | €79k | ▲ 2.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €725k | €1.19M | €1.72M | €1.98M | €2.30M | ▲ 15.9% |
| Equity10/15 | €118k | €208k | €255k | €579k | €753k | ▲ 30.0% |
| Contributions10/11 | €80k | €80k | €80k | €80k | €80k | = |
| Capital10 | €80k | €80k | €80k | €80k | €80k | = |
| Issued capital100 | €80k | €80k | €80k | €80k | €80k | = |
| Outside capital11 | €0 | - | - | - | - | - |
| Other1109/19 | €0 | - | - | - | - | - |
| Profit (loss) carried forward14 | €38k | €128k | €175k | €499k | €673k | ▲ 34.8% |
| Amounts payable17/49 | €606k | €982k | €1.46M | €1.40M | €1.54M | ▲ 10.1% |
| Amounts payable after more than one year17 | €136k | €24k | €132k | €104k | €355k | ▲ 240% |
| Financial debts170/4 | €136k | €24k | €132k | €104k | €355k | ▲ 240% |
| Amounts payable within one year42/48 | €471k | €958k | €1.33M | €1.30M | €1.19M | ▼ 8.4% |
| Current portion of amounts payable after more than one year42 | €115k | €117k | €53k | €134k | €216k | ▲ 62.0% |
| Trade debts44 | €91k | €174k | €187k | €182k | €236k | ▲ 30.0% |
| Suppliers440/4 | €91k | €174k | €187k | €182k | €236k | ▲ 30.0% |
| Advances received on contracts in progress46 | €43k | €14k | €4k | €5k | €4k | ▼ 10.1% |
| Taxes, remuneration and social security45 | €20k | €51k | €70k | €28k | €24k | ▼ 14.4% |
| Taxes450/3 | €11k | €34k | €44k | €4k | €145 | ▼ 96.7% |
| Remuneration and social security454/9 | €9k | €17k | €26k | €23k | €24k | ▲ 0.8% |
| Other amounts payable47/48 | €202k | €602k | €1.02M | €951k | €709k | ▼ 25.5% |
| Accrued charges and deferred income492/3 | €293 | €147 | €491 | €403 | €333 | ▼ 17.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €146k | €490k | €547k | €325k | €174k | ▼ 46.5% |
| + Depreciation and write-downs630 | €67k | €44k | €78k | €91k | €87k | ▼ 4.6% |
| Operating cash flow (approximation) | €213k | €533k | €625k | €416k | €260k | ▼ 37.3% |
| Investment in fixed assets (approximation) | - | €-146k | €-236k | €-63k | €-75k | ▼ 20.1% |
| Change in cash | - | €221k | €108k | €-104k | €-123k | ▼ 18.1% |
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
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Equity above €500kEq €579k ▲127%
4 profitable years in a row build equity to €579k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €547k ▲11.7%
Operating result €600k, net result €547k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Equity above €200kEq €208k ▲75.6%
2 profitable years in a row build equity to €208k.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 60 days late
2021
31-12
Financial
Back to profitnet €146k
Net result €146k after one loss-making year.
31-12
Financial
Equity above €100kEq €118k
Equity rises from €-28k to €118k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-112k
Net result drops to €-112k, the lowest in the series; recovery starts the following year.
Show earlier events
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Brugge · 1 establishment unit since 2015
Ground area
1,316 m²
Building footprint
762 m²
Volume, LiDAR
6,067 m³
Parcel 31005A0496/00G000, Flanders · tallest building 14.9 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
VAN CLEEF
since 20152.243.875.363
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31005A0496/00G000 | Flanders | 1,316 m² | 1 · 762 m² | 14.9 m · 2 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrugge2.243.875.363
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Of 2,393 companies in sector 55100 we hold annual accounts for 1,514. 1,014 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded26-06-2015
Fiscal year end31-12
Activities, NACEBEL 2025
55100Hotels and similar accommodation
Scores and ratios are computed by Checked and are not a credit decision.