CLASSO
ActiveSummary
CLASSO has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.06M and a net result of €-143k. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 32% of 392 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability33▼-42
Solvency51▲+4
Growth35=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 2.36 against 1.76 in 2024; short-term debt: 33.4% and cash: 0% of total assets), but 74.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
25.9%
Return on assets
-3.5%
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
2 d early
2023
5 d early
2022
27 d early
2021
30 d early
2020
26 d early
2019
29 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, full schema
Turnover
€3.33M▲ 18.3%
2020 · €2.82M
2018: €6.53Mhighest in 4 years
2019: €2.29M▼ -65.0% vs 2018lowest in 4 years
2020: €2.82M▲ +23.3% vs 2019
2021: €3.33M▲ +18.3% vs 2020
2018 → 2021
EBIT margin
2.2%▼ 1.4pp
2020 · 3.6%
2018: 10.6%highest in 4 years
2019: 4.1%▼ -61.0% vs 2018
2020: 3.6%▼ -13.1% vs 2019
2021: 2.2%▼ -40.2% vs 2020lowest in 4 years
2018 → 2021
Net result
€-143k
2024 · €284k
2018: €591khighest value
2019: €99k▼ -83.2% vs 2018
2020: €111k▲ +11.6% vs 2019
2021: €55k▼ -50.1% vs 2020
2022: €19k▼ -64.9% vs 2021
2024: €284k
2025: €-143k▼ -150% vs 2024lowest value
2018 → 2025
Working capital
€1.85M▲ 0.7%
2024 · €1.84M
2018: €655klowest value
2019: €888k▲ +35.5% vs 2018
2020: €882k▼ -0.7% vs 2019
2021: €696k▼ -21.0% vs 2020
2022: €672k▼ -3.5% vs 2021
2024: €1.84M
2025: €1.85M▲ +0.7% vs 2024highest value
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Turnover€2.82M-€3.33M▲ 18.3%
2020: €2.82M
2021: €3.33M▲ +18.3% vs 2020
Equity€744k-€784k▲ 5.4%€803k▲ 2.5%€1.20M▲ 49.5%€1.06M▼ 11.9%
2020: €744klowest value
2021: €784k▲ +5.4% vs 2020
2022: €803k▲ +2.5% vs 2021
2024: €1.20Mhighest value
2025: €1.06M▼ -11.9% vs 2024
Operating result€102k-€72k▼ 29.2%€64k▼ 10.8%€358k▲ 459%€-2k
2020: €102k
2021: €72k▼ -29.2% vs 2020
2022: €64k▼ -10.8% vs 2021
2024: €358khighest value
2025: €-2k▼ -100% vs 2024lowest value
Net result€111k-€55k▼ 50.1%€19k▼ 64.9%€284k▲ 1,366%€-143k
2020: €111k
2021: €55k▼ -50.1% vs 2020
2022: €19k▼ -64.9% vs 2021
2024: €284khighest value
2025: €-143k▼ -150% vs 2024lowest value
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €358k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.09M
Fixed assets
€870k ▼ 22.4%
Current assets
€3.22M ▼ 24.4%
Equity and liabilities €4.09M
Equity
€1.06M ▼ 11.9%
Debt
€3.03M ▼ 27.5%
Debt's share of the balance-sheet total falls from 77.7% to 74.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€364k▼
2024 · €836k
Cash flow
€223k▼
2024 · €762k
Current ratio
2.36▲
2024 · 1.76
Quick ratio
2.00▲
2024 · 1.45
Debt to equity
2.87▼
2024 · 3.48
ROE
-13.5%▼
2024 · 23.7%
ROA
-3.5%▼
2024 · 5.3%
Interest coverage
2.24▼
2024 · 8.37
Debt ≤ 1 year
€1.37M▼
2024 · €2.42M
Debt > 1 year
€1.14M▼
2024 · €1.41M
Income taxes
€9k▲
2024 · €-3k
Staff costs
€1.28M▼
2024 · €1.29M
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 · 65 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.38M€4.09M▼
Formation expenses20€2k€1k▼
Fixed assets21/28€1.12M€870k▼
Intangible fixed assets21€407k€310k▼
Tangible fixed assets22/27€714k€560k▼
Plant, machinery and equipment23€77k€50k▼
Furniture and vehicles24€71k€34k▼
Leasing and similar rights25€517k€456k▼
Other tangible fixed assets26€49k€20k▼
Financial fixed assets28€429€429=
Current assets29/58€4.26M€3.22M▼
Stocks and contracts in progress3€763k€485k▼
Stocks30/36€763k€485k▼
Amounts receivable within one year40/41€3.38M€2.55M▼
Trade receivables40€1.51M€1.35M▼
Other amounts receivable41€1.87M€1.20M▼
Cash at bank and in hand54/58€2k€44▼
Deferred charges and accrued income490/1€113k€182k▲
Equity and liabilities
Total equity and liabilities10/49€5.38M€4.09M▼
Equity10/15€1.20M€1.06M▼
Contributions10/11€333k€333k=
Capital10€333k€333k=
Issued capital100€333k€333k=
Reserves13€727k€727k=
Non-distributable reserves130/1€633k€633k=
Legal reserve130€33k€33k=
Other1319€600k€600k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€75k€75k=
Profit (loss) carried forward14€141k€-2k▼
Amounts payable17/49€4.18M€3.03M▼
Amounts payable after more than one year17€1.41M€1.14M▼
Financial debts170/4€1.41M€1.14M▼
Amounts payable within one year42/48€2.42M€1.37M▼
Current portion of amounts payable after more than one year42€427k€195k▼
Financial debts43€85k€62k▼
Credit institutions430/8€85k€62k▼
Trade debts44€1.38M€846k▼
Suppliers440/4€1.38M€846k▼
Taxes, remuneration and social security45€231k€264k▲
Taxes450/3€96k€132k▲
Remuneration and social security454/9€135k€133k▼
Other amounts payable47/48€300k€0▼
Accrued charges and deferred income492/3€351k€529k▲
Income statement
Code20242025
Non-recurring operating income76A€8k€11k▲
Remuneration, social security and pensions62€1.29M€1.28M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€478k€366k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-10k€52k▲
Other operating charges640/8€22k€9k▼
Non-recurring operating charges66A€9k€168k▲
Gross operating margin9900€2.15M€1.88M▼
Operating profit (loss)9901€358k€-2k▼
Financial income75/76B€22k€30k▲
Recurring financial income75€22k€30k▲
Financial charges65/66B€100k€162k▲
Recurring financial charges65€100k€162k▲
Profit (loss) for the period before taxes9903€281k€-134k▼
Income taxes67/77€-3k€9k▲
Profit (loss) for the period9904€284k€-143k▼
Profit (loss) for the period to be appropriated9905€284k€-143k▼
Appropriation of the result
Profit (loss) to be appropriated9906€441k€-2k▼
Profit (loss) brought forward from the previous period14P€156k€141k▼
Profit to be distributed694/7€300k€0▼
Directors or managers695€300k€0▼
Social balance
Average headcount (FTE)908719.317.5▼
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €2.82M | €3.33M | - | - | - | - |
| Non-recurring operating income76A | - | - | - | €8k | €11k | ▲ 44.3% |
| Goods, raw materials, services and sundry goods60/61 | - | €2.72M | - | - | - | - |
| Remuneration, social security and pensions62 | - | €567k | €570k | €1.29M | €1.28M | ▼ 0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €66k | €99k | €531k | €478k | €366k | ▼ 23.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €499 | €21k | €-10k | €52k | ▲ 629% |
| Other operating charges640/8 | - | €36k | €4k | €22k | €9k | ▼ 57.2% |
| Non-recurring operating charges66A | - | - | €37k | €9k | €168k | ▲ 1,868% |
| Gross operating margin9900 | €582k | €774k | €1.23M | €2.15M | €1.88M | ▼ 12.6% |
| Operating profit (loss)9901 | €102k | €72k | €64k | €358k | €-2k | ▼ 100% |
| Financial income75/76B | - | €16k | €811 | €22k | €30k | ▲ 36.3% |
| Recurring financial income75 | €24k | €16k | €811 | €22k | €30k | ▲ 36.3% |
| Financial charges65/66B | - | €22k | €33k | €100k | €162k | ▲ 62.7% |
| Recurring financial charges65 | €13k | €22k | €33k | €100k | €162k | ▲ 62.7% |
| Profit (loss) for the period before taxes9903 | €112k | €65k | €32k | €281k | €-134k | ▼ 148% |
| Income taxes67/77 | €1k | €10k | €13k | €-3k | €9k | ▲ 374% |
| Profit (loss) for the period9904 | €111k | €55k | €19k | €284k | €-143k | ▼ 150% |
| Profit (loss) for the period to be appropriated9905 | €111k | €55k | €19k | €284k | €-143k | ▼ 150% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.94M | €2.55M | €3.75M | €5.38M | €4.09M | ▼ 24.0% |
| Formation expenses20 | - | - | - | €2k | €1k | ▼ 31.7% |
| Fixed assets21/28 | €469k | €768k | €1.13M | €1.12M | €870k | ▼ 22.4% |
| Intangible fixed assets21 | €366k | €689k | €604k | €407k | €310k | ▼ 24.0% |
| Tangible fixed assets22/27 | €101k | €78k | €520k | €714k | €560k | ▼ 21.6% |
| Plant, machinery and equipment23 | - | €7k | €5k | €77k | €50k | ▼ 34.6% |
| Furniture and vehicles24 | - | €29k | €49k | €71k | €34k | ▼ 52.5% |
| Leasing and similar rights25 | - | €15k | €449k | €517k | €456k | ▼ 11.8% |
| Other tangible fixed assets26 | - | €27k | €18k | €49k | €20k | ▼ 58.9% |
| Financial fixed assets28 | €2k | €2k | €2k | €429 | €429 | = |
| Current assets29/58 | €1.47M | €1.78M | €2.63M | €4.26M | €3.22M | ▼ 24.4% |
| Stocks and contracts in progress3 | €392k | €409k | €442k | €763k | €485k | ▼ 36.4% |
| Stocks30/36 | - | €409k | €442k | €763k | €485k | ▼ 36.4% |
| Amounts receivable within one year40/41 | €917k | €1.11M | €1.66M | €3.38M | €2.55M | ▼ 24.5% |
| Trade receivables40 | - | €505k | €1.05M | €1.51M | €1.35M | ▼ 10.9% |
| Other amounts receivable41 | - | €609k | €605k | €1.87M | €1.20M | ▼ 35.5% |
| Cash at bank and in hand54/58 | €14k | €40k | €363k | €2k | €44 | ▼ 97.2% |
| Deferred charges and accrued income490/1 | - | €215k | €167k | €113k | €182k | ▲ 61.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.94M | €2.55M | €3.75M | €5.38M | €4.09M | ▼ 24.0% |
| Equity10/15 | €744k | €784k | €803k | €1.20M | €1.06M | ▼ 11.9% |
| Contributions10/11 | €62k | €62k | €62k | €333k | €333k | = |
| Capital10 | - | €62k | €62k | €333k | €333k | = |
| Issued capital100 | - | €62k | €62k | €333k | €333k | = |
| Reserves13 | €625k | €625k | €625k | €727k | €727k | = |
| Non-distributable reserves130/1 | - | €606k | €606k | €633k | €633k | = |
| Legal reserve130 | - | €6k | €6k | €33k | €33k | = |
| Reserves not available under the articles1311 | - | €600k | - | - | - | - |
| Other1319 | - | - | €600k | €600k | €600k | = |
| Tax-exempt reserves132 | - | €19k | €19k | €19k | €19k | = |
| Distributable reserves133 | - | - | - | €75k | €75k | = |
| Profit (loss) carried forward14 | €56k | €96k | €116k | €141k | €-2k | ▼ 102% |
| Amounts payable17/49 | €1.19M | €1.76M | €2.95M | €4.18M | €3.03M | ▼ 27.5% |
| Amounts payable after more than one year17 | €607k | €680k | €994k | €1.41M | €1.14M | ▼ 19.4% |
| Financial debts170/4 | - | €680k | €994k | €1.41M | €1.14M | ▼ 19.4% |
| Amounts payable within one year42/48 | €588k | €1.08M | €1.95M | €2.42M | €1.37M | ▼ 43.5% |
| Current portion of amounts payable after more than one year42 | - | €80k | €318k | €427k | €195k | ▼ 54.3% |
| Financial debts43 | - | €10k | €15k | €85k | €62k | ▼ 27.7% |
| Credit institutions430/8 | - | €10k | €15k | €85k | €62k | ▼ 27.7% |
| Trade debts44 | €320k | €624k | €464k | €1.38M | €846k | ▼ 38.5% |
| Suppliers440/4 | - | €624k | €464k | €1.38M | €846k | ▼ 38.5% |
| Taxes, remuneration and social security45 | - | €61k | €99k | €231k | €264k | ▲ 14.5% |
| Taxes450/3 | - | €5k | €36k | €96k | €132k | ▲ 37.1% |
| Remuneration and social security454/9 | - | €57k | €63k | €135k | €133k | ▼ 1.6% |
| Other amounts payable47/48 | - | €306k | €1.06M | €300k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €377 | €0 | €351k | €529k | ▲ 50.6% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €111k | €55k | €19k | €284k | €-143k | ▼ 150% |
| + Depreciation and write-downs630 | €66k | €99k | €531k | €478k | €366k | ▼ 23.5% |
| Operating cash flow (approximation) | €177k | €154k | €550k | €762k | €223k | ▼ 70.7% |
| Investment in fixed assets (approximation) | - | €-398k | €-888k | - | €-114k | - |
| Change in cash | - | €25k | €323k | - | €-2k | - |
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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-143k
Net result drops to €-143k, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €1MEq €1.20M ▲49.5%
6 profitable years in a row build equity to €1.20M.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
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.
0 of 14 acts read
About the unread acts
We know of 14 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
14 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, Antwerpen · 2 establishment units since 1993
Ground area
4,134 m²
Building footprint
1,991 m²
Volume, LiDAR
30,799 m³
2 parcels, Flanders · tallest building 21.7 m, ±5 floors. Linked by address, not a title deed.
38
companies at this address
See who is registered here
2 establishment units
CLASSO NV
since 19932.060.734.217
CLASSO NV
since 20232.368.867.583
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3723/00M000 | Flanders | 3,981 m² | 1 · 1,991 m² | 21.7 m · 5 fl. |
| 34353B0377/00L000 | Flanders | 152 m² | - | - |
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.
Public money · subsidies and aid
Flemish government
2022 · 2 entries · 12,084 EUR awarded · 11,604 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 2 | 12,084 EUR | 11,604 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
894500MB9KTHLIHAI902
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Of 863 companies in sector 95100 we hold annual accounts for 265. 111 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
Founded10-06-1992
Fiscal year end31-12
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
95100Repair and maintenance of computers and communication equipment
Scores and ratios are computed by Checked and are not a credit decision.