CLOET SERGE
ActiveCLOET SERGE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.27M and a net result of €116k. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 88% of 3549 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85=
Solvency100=
Growth62▼-11
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 6.7 against 6.78 in 2023; short-term debt: 13.3% and cash: 67.4% of total assets), and 23.8% 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 43
Relative position
BE, all sectors
reference
Sector 43
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 2024Solvency, return and age of the figures
Solvency
76.2%
Return on assets
6.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
13 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
11 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€503k▼ 32.0%
2022 · €740k
2018: €512k
2019: €682k
2020: €604k
2021: €722k
2022: €740k
2018 → 2024
EBIT margin
27.0%▲ 10.2pp
2022 · 16.8%
2018: 2.8%
2019: 15.1%
2020: 21.5%
2021: 18.2%
2022: 16.8%
2018 → 2024
Net result
€116k▼ 36.5%
2023 · €182k
2018: €4k
2019: €77k
2020: €94k
2021: €98k
2022: €92k
2023: €182k
2018 → 2024
Working capital
€1.27M▲ 11.7%
2023 · €1.14M
2018: €388k
2019: €406k
2020: €709k
2021: €817k
2022: €901k
2023: €1.14M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€604k-€722k▲ 19.5%€740k▲ 2.5%€503k
Equity€790k-€888k▲ 12.5%€973k▲ 9.6%€1.16M▲ 18.7%€1.27M▲ 10.0%
Operating result€130k-€131k▲ 0.9%€125k▼ 5.1%€246k▲ 97.6%€136k▼ 44.8%
Net result€94k-€98k▲ 4.5%€92k▼ 6.5%€182k▲ 97.8%€116k▼ 36.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 45% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.67M
Fixed assets
€177k▲ 281%
Current assets
€1.49M▲ 12.0%
Equity and liabilities €1.67M
Equity
€1.27M▲ 10.0%
Provisions
€35k▲ 114%
Debt
€362k▲ 75.6%
The debt ratio rises from 14.9% to 21.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€168k▼
2023 · €278k
Cash flow
€148k▼
2023 · €214k
Solvency
76.2%▼
2023 · 83.9%
Current ratio
6.70▼
2023 · 6.78
Quick ratio
6.12▲
2023 · 5.86
Debt / equity
0.28▲
2023 · 0.18
ROE
9.1%▼
2023 · 15.8%
ROA
6.9%▼
2023 · 13.2%
Interest coverage
13.74▼
2023 · 31.10
Debt
€362k▲
2023 · €206k
Debt ≤ 1 year
€223k▲
2023 · €196k
Debt > 1 year
€120k▲
2023 · €10k
Income taxes
€15k▼
2023 · €39k
Staff costs
€42k▼
2023 · €57k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.38M€1.67M▲
Fixed assets21/28€46k€177k▲
Tangible fixed assets22/27€46k€177k▲
Land and buildings22€25k€21k▼
Plant, machinery and equipment23€12k€7k▼
Furniture and vehicles24€10k€149k▲
Leasing and similar rights25€0€0=
Financial fixed assets28€207€207=
Current assets29/58€1.33M€1.49M▲
Stocks and contracts in progress3€181k€128k▼
Stocks30/36€181k€128k▼
Amounts receivable within one year40/41€283k€238k▼
Trade receivables40€275k€224k▼
Other amounts receivable41€8k€14k▲
Current investments50/53€306k-
Cash at bank and in hand54/58€561k€1.12M▲
Deferred charges and accrued income490/1-€902
Equity and liabilities
Total equity and liabilities10/49€1.38M€1.67M▲
Equity10/15€1.16M€1.27M▲
Contributions10/11€6k€6k=
Reserves13€51k€108k▲
Tax-exempt reserves132€49k€106k▲
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€1.10M€1.16M▲
Provisions and deferred taxes16€16k€35k▲
Deferred taxes168€16k€35k▲
Amounts payable17/49€206k€362k▲
Amounts payable after more than one year17€10k€120k▲
Financial debts170/4€10k€120k▲
Amounts payable within one year42/48€196k€223k▲
Current portion of amounts payable after more than one year42€181k€212k▲
Trade debts44-€0
Suppliers440/4-€0
Taxes, remuneration and social security45€13k€10k▼
Taxes450/3€9k€6k▼
Remuneration and social security454/9€4k€4k▼
Other amounts payable47/48€2k-
Accrued charges and deferred income492/3-€19k
Income statement
Code20232024
Turnover70-€503k
Goods, raw materials, services and sundry goods60/61-€393k
Remuneration, social security and pensions62€57k€42k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€33k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€337k€212k▼
Operating profit (loss)9901€246k€136k▼
Financial income75/76B€204€26k▲
Recurring financial income75€204€26k▲
Financial charges65/66B€9k€12k▲
Recurring financial charges65€9k€12k▲
Profit (loss) for the period before taxes9903€237k€150k▼
Transfer from deferred taxes780-€5k
Transfer to deferred taxes680€16k€23k▲
Income taxes67/77€39k€15k▼
Profit (loss) for the period9904€182k€116k▼
Transfer from tax-exempt reserves789-€14k
Transfer to tax-exempt reserves689€49k€70k▲
Profit (loss) for the period to be appropriated9905€133k€59k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.10M€1.16M▲
Profit (loss) brought forward from the previous period14P€965k€1.10M▲
Social balance
Average headcount (FTE)90871.71.0▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 13 days late
2023
31-12
Financial
Highest result since 2018net €182k ▲97.8%
Operating result €246k, net result €182k, both a record.
31-12
Financial
Equity above €1MEq €1.16M ▲18.7%
6 profitable years in a row build equity to €1.16M.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Ohey · 1 establishment unit since 2006
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.
Rue Bois d'Ohey 2655350 OheyGround area
344 m²
Parcel 92097C0203/00E000, Wallonia. Linked by address, not a title deed.
1 establishment unit
CLOET Serge
since 20062.158.853.081
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92097C0203/00E000 | Wallonia | 344 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.
Recognitions · licences · registrations
Recognised contractor
6 categoriesCLOET SERGE SRL35344
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Of 8,452 companies in sector 43120 we hold annual accounts for 3,231. 1,531 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-12-2006
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
45112
49410Freight transport by road
71340
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.