CLARIFY
ActiveSummary
CLARIFY has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45k and a net result of €-8k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 30% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability61▲+39
Solvency59▼-41
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 9.56 in 2024; short-term debt: 66.3% and cash: 60.4% of total assets), and 66.3% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33.7%
Return on assets
-6%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-8k
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
9 d early
2023
85 d early
2022
105 d early
2021
110 d early
2020
108 d early
2019
16 d early
← 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, micro schema
Equity
€45k▼ 68.5%
2024 · €142k
2018: €96k
2019: €111k▲ +15.4% vs 2018
2020: €132k▲ +18.5% vs 2019
2021: €154k▲ +17.4% vs 2020
2022: €165k▲ +6.8% vs 2021
2023: €167k▲ +1.1% vs 2022highest in 8 years
2024: €142k▼ -15.1% vs 2023
2025: €45k▼ -68.5% vs 2024lowest in 8 years
2018 → 2025
Total assets
€132k▼ 11.9%
2024 · €150k
2018: €106klowest in 8 years
2019: €115k▲ +9.1% vs 2018
2020: €139k▲ +20.5% vs 2019
2021: €163k▲ +17.0% vs 2020
2022: €178k▲ +9.3% vs 2021
2023: €183k▲ +2.7% vs 2022highest in 8 years
2024: €150k▼ -17.7% vs 2023
2025: €132k▼ -11.9% vs 2024
2018 → 2025
Net result
€-8k▲ 68.3%
2024 · €-25k
2018: €21k
2019: €15k▼ -29.4% vs 2018
2020: €21k▲ +38.9% vs 2019
2021: €26k▲ +25.8% vs 2020highest in 8 years
2022: €11k▼ -59.3% vs 2021
2023: €2k▼ -82.7% vs 2022
2024: €-25k▼ -1483% vs 2023lowest in 8 years
2025: €-8k▲ +68.3% vs 2024
2018 → 2025
Working capital
€4k▼ 94.2%
2024 · €74k
2018: €54k
2019: €74k▲ +37.8% vs 2018
2020: €101k▲ +36.2% vs 2019
2021: €104k▲ +3.5% vs 2020highest in 8 years
2022: €82k▼ -21.8% vs 2021
2023: €78k▼ -4.5% vs 2022
2024: €74k▼ -4.4% vs 2023
2025: €4k▼ -94.2% vs 2024lowest 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€154k-€165k▲ 6.8%€167k▲ 1.1%€142k▼ 15.1%€45k▼ 68.5%
2021: €154k
2022: €165k▲ +6.8% vs 2021
2023: €167k▲ +1.1% vs 2022highest in 5 years
2024: €142k▼ -15.1% vs 2023
2025: €45k▼ -68.5% vs 2024lowest in 5 years
Operating result€34k-€14k▼ 58.8%€2k▼ 82.7%€-25k€-8k▲ 66.7%
2021: €34khighest in 5 years
2022: €14k▼ -58.8% vs 2021
2023: €2k▼ -82.7% vs 2022
2024: €-25k▼ -1119% vs 2023lowest in 5 years
2025: €-8k▲ +66.7% vs 2024
Net result€26k-€11k▼ 59.3%€2k▼ 82.7%€-25k€-8k▲ 68.3%
2021: €26khighest in 5 years
2022: €11k▼ -59.3% vs 2021
2023: €2k▼ -82.7% vs 2022
2024: €-25k▼ -1483% vs 2023lowest in 5 years
2025: €-8k▲ +68.3% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2025 against €25k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €132k
Fixed assets
€40k ▼ 40.1%
Current assets
€92k ▲ 10.8%
Equity and liabilities €132k
Equity
€45k ▼ 68.5%
Debt
€88k ▲ 910%
Debt's share of the balance-sheet total rises from 5.8% to 66.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€19k▲
2024 · €626
Cash flow
€19k▲
2024 · €389
Current ratio
1.05▼
2024 · 9.56
Debt to equity
1.97▲
2024 · 0.06
ROE
-17.9%▼
2024 · -17.8%
ROA
-6.0%▲
2024 · -16.8%
Interest coverage
112.20▲
2024 · 2.64
Debt ≤ 1 year
€88k▲
2024 · €9k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€150k€132k▼
Fixed assets21/28€67k€40k▼
Intangible fixed assets21€1k€0▼
Tangible fixed assets22/27€45k€19k▼
Land and buildings22€315€0▼
Furniture and vehicles24€44k€19k▼
Financial fixed assets28€21k€21k=
Current assets29/58€83k€92k▲
Amounts receivable within one year40/41€7k€10k▲
Trade receivables40€5k€8k▲
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€73k€80k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€150k€132k▼
Equity10/15€142k€45k▼
Contributions10/11€12k€12k=
Reserves13€129k€32k▼
Distributable reserves133€129k€32k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€9k€88k▲
Amounts payable within one year42/48€9k€88k▲
Financial debts43€955€336▼
Credit institutions430/8€955€336▼
Trade debts44€838€958▲
Suppliers440/4€838€958▲
Taxes, remuneration and social security45€6k€14k▲
Taxes450/3€6k€14k▲
Other amounts payable47/48€1k€72k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€27k▲
Other operating charges640/8€3k€923▼
Gross operating margin9900€3k€20k▲
Operating profit (loss)9901€-25k€-8k▲
Financial income75/76B€1€482▲
Recurring financial income75€1€482▲
Financial charges65/66B€237€166▼
Recurring financial charges65€237€166▼
Profit (loss) for the period before taxes9903€-25k€-8k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-25k€-8k▲
Profit (loss) for the period to be appropriated9905€-25k€-8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-25k€-8k▲
Transfer from equity791/2€25k€97k▲
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7-€89k
Return on contributions (dividend)694-€89k
The notes to these accounts (12 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €11k | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €9k | €22k | €26k | €27k | ▲ 5.1% |
| Other operating charges640/8 | €772 | €701 | €848 | €3k | €923 | ▼ 67.3% |
| Gross operating margin9900 | €44k | €23k | €26k | €3k | €20k | ▲ 465% |
| Operating profit (loss)9901 | €34k | €14k | €2k | €-25k | €-8k | ▲ 66.7% |
| Financial income75/76B | €0 | €10 | €189 | €1 | €482 | ▲ 56,604% |
| Recurring financial income75 | €0 | €10 | €189 | €1 | €482 | ▲ 56,604% |
| Financial charges65/66B | €111 | €87 | €143 | €237 | €166 | ▼ 30.1% |
| Recurring financial charges65 | €111 | €87 | €143 | €237 | €166 | ▼ 30.1% |
| Profit (loss) for the period before taxes9903 | €34k | €14k | €2k | €-25k | €-8k | ▲ 68.3% |
| Income taxes67/77 | €8k | €4k | €674 | €0 | - | - |
| Profit (loss) for the period9904 | €26k | €11k | €2k | €-25k | €-8k | ▲ 68.3% |
| Profit (loss) for the period to be appropriated9905 | €26k | €11k | €2k | €-25k | €-8k | ▲ 68.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €163k | €178k | €183k | €150k | €132k | ▼ 11.9% |
| Fixed assets21/28 | €50k | €83k | €89k | €67k | €40k | ▼ 40.1% |
| Intangible fixed assets21 | - | - | - | €1k | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €29k | €62k | €68k | €45k | €19k | ▼ 57.2% |
| Land and buildings22 | €1k | €905 | €472 | €315 | €0 | ▼ 100% |
| Furniture and vehicles24 | €28k | €61k | €67k | €44k | €19k | ▼ 56.9% |
| Financial fixed assets28 | €21k | €21k | €21k | €21k | €21k | = |
| Current assets29/58 | €113k | €94k | €94k | €83k | €92k | ▲ 10.8% |
| Amounts receivable within one year40/41 | €15k | €34k | €23k | €7k | €10k | ▲ 40.9% |
| Trade receivables40 | €8k | €26k | €15k | €5k | €8k | ▲ 53.2% |
| Other amounts receivable41 | €7k | €8k | €8k | €2k | €2k | ▲ 7.2% |
| Cash at bank and in hand54/58 | €97k | €59k | €68k | €73k | €80k | ▲ 10.0% |
| Deferred charges and accrued income490/1 | €130 | €809 | €2k | €3k | €2k | ▼ 43.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €163k | €178k | €183k | €150k | €132k | ▼ 11.9% |
| Equity10/15 | €154k | €165k | €167k | €142k | €45k | ▼ 68.5% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €142k | €153k | €154k | €129k | €32k | ▼ 75.1% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €140k | €151k | €154k | €129k | €32k | ▼ 75.1% |
| Profit (loss) carried forward14 | €0 | €0 | - | - | €0 | - |
| Amounts payable17/49 | €8k | €13k | €16k | €9k | €88k | ▲ 910% |
| Amounts payable within one year42/48 | €8k | €13k | €16k | €9k | €88k | ▲ 910% |
| Financial debts43 | - | - | - | €955 | €336 | ▼ 64.8% |
| Credit institutions430/8 | - | - | - | €955 | €336 | ▼ 64.8% |
| Trade debts44 | €0 | €2k | €4k | €838 | €958 | ▲ 14.3% |
| Suppliers440/4 | €0 | €2k | €4k | €838 | €958 | ▲ 14.3% |
| Taxes, remuneration and social security45 | €1k | €4k | €4k | €6k | €14k | ▲ 147% |
| Taxes450/3 | €1k | €4k | €4k | €6k | €14k | ▲ 147% |
| Other amounts payable47/48 | €7k | €7k | €8k | €1k | €72k | ▲ 6,125% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26k | €11k | €2k | €-25k | €-8k | ▲ 68.3% |
| + Depreciation and write-downs630 | €9k | €9k | €22k | €26k | €27k | ▲ 5.1% |
| Operating cash flow (approximation) | €35k | €19k | €24k | €389 | €19k | ▲ 4,754% |
| Investment in fixed assets (approximation) | - | €-42k | €-28k | €-4k | €0 | ▲ 100% |
| Change in cash | - | €-38k | €9k | €4k | €7k | ▲ 68.3% |
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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
07-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €26k ▲25.8%
Operating result €34k, net result €26k, both a record.
31-12
Financial
Equity above €150kEq €154k ▲17.4%
4 profitable years in a row build equity to €154k.
14-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity triplescurrent ratio 17.84
Current ratio from 6.59 to 17.84; short-term debt falls from €10k to €4k.
31-12
Financial
Equity above €100kEq €111k ▲15.4%
2 profitable years in a row build equity to €111k.
Show earlier events
14-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
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.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Mechelen · 1 establishment unit since 1996
Ground area
1.0 ha
Building footprint
3,456 m²
Volume, LiDAR
19,552 m³
2 parcels, Flanders · tallest building 24.2 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CLARIFY
since 19962.074.931.750
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12402C0440/00T000 | Flanders | 9,984 m² | 1 · 3,304 m² | 24.2 m · 1 fl. |
| 12402C0196/00Z000 | Flanders | 239 m² | 1 · 153 m² | 12.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,169 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-10-1995
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
Scores and ratios are computed by Checked and are not a credit decision.