CLUMA ENGINEERING
ActiveSummary
CLUMA ENGINEERING has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.03M and a net result of €906k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 24% of 674 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▼-4
Solvency49=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.16 in 2024; short-term debt: 72.4% and cash: 21.4% of total assets), and 75.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← 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
24.4%
Return on assets
21.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 674 sector peers (2025).
NBB · sector comparisonPosition among 674 sector peers
Solvency
better than 24%
← weakest
strongest →
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
19202122232425
2019 to 2025 · latest year €1.03M
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
7 d early
2023
30 d late
2022
on the day
2021
5 d early
2020
11 d early
2019
on the day
← 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
24-09-2026 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
€906k▼ 14.8%
2024 · €1.06M
2019: €2.17M
2020: €905k
2021: €343k
2022: €587k
2023: €1.10M
2024: €1.06M
2019 → 2025
Working capital
€433k▼ 14.3%
2024 · €505k
2019: €303k
2020: €399k
2021: €413k
2022: €549k
2023: €687k
2024: €505k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€985k-€916k▼ 6.9%€918k▲ 0.2%€1.02M▲ 11.1%€1.03M▲ 0.6%
Operating result€328k-€757k▲ 130%€1.44M▲ 90.6%€1.41M▼ 2.5%€1.19M▼ 15.1%
Net result€343k-€587k▲ 70.9%€1.10M▲ 87.8%€1.06M▼ 3.5%€906k▼ 14.8%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 15% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.21M
Fixed assets
€731k =
Current assets
€3.48M ▼ 2.7%
Equity and liabilities €4.21M
Equity
€1.03M ▲ 0.6%
Provisions
€116k ▼ 1.6%
Debt
€3.07M ▼ 3.1%
Debt's share of the balance-sheet total falls from 73.6% to 72.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.48M▼
2024 · €1.66M
Cash flow
€1.19M▼
2024 · €1.31M
Current ratio
1.14▼
2024 · 1.16
Quick ratio
0.84▼
2024 · 0.85
Debt to equity
2.99▼
2024 · 3.10
ROE
88.3%▼
2024 · 104.3%
ROA
21.5%▼
2024 · 24.7%
Interest coverage
110.00▼
2024 · 127.37
Debt ≤ 1 year
€3.05M▼
2024 · €3.07M
Debt > 1 year
€14k▼
2024 · €97k
Income taxes
€331k▼
2024 · €419k
Staff costs
€2.67M▼
2024 · €2.82M
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 · 69 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.31M€4.21M▼
Fixed assets21/28€731k€731k=
Intangible fixed assets21€32k€18k▼
Tangible fixed assets22/27€698k€712k▲
Plant, machinery and equipment23€59k€102k▲
Furniture and vehicles24€576k€545k▼
Other tangible fixed assets26€63k€65k▲
Financial fixed assets28€863€863=
Current assets29/58€3.57M€3.48M▼
Stocks and contracts in progress3€972k€907k▼
Stocks30/36€972k€907k▼
Amounts receivable within one year40/41€1.20M€1.41M▲
Trade receivables40€891k€1.26M▲
Other amounts receivable41€311k€149k▼
Current investments50/53€500k€250k▼
Cash at bank and in hand54/58€874k€903k▲
Deferred charges and accrued income490/1€26k€14k▼
Equity and liabilities
Total equity and liabilities10/49€4.31M€4.21M▼
Equity10/15€1.02M€1.03M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€32k€32k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€11k€11k=
Distributable reserves133€15k€15k=
Profit (loss) carried forward14€926k€932k▲
Provisions and deferred taxes16€118k€116k▼
Provisions for liabilities and charges160/5€118k€116k▼
Other liabilities and charges164/5€118k€116k▼
Amounts payable17/49€3.17M€3.07M▼
Amounts payable after more than one year17€97k€14k▼
Financial debts170/4€97k€14k▼
Amounts payable within one year42/48€3.07M€3.05M▼
Current portion of amounts payable after more than one year42€115k€83k▼
Financial debts43€221k€0▼
Credit institutions430/8€221k€0▼
Trade debts44€522k€525k▲
Suppliers440/4€522k€525k▲
Advances received on contracts in progress46€1.03M€828k▼
Taxes, remuneration and social security45€540k€390k▼
Taxes450/3€203k€96k▼
Remuneration and social security454/9€338k€294k▼
Other amounts payable47/48€640k€1.22M▲
Accrued charges and deferred income492/3€0€7k▲
Income statement
Code20242025
Non-recurring operating income76A€10k€413▼
Remuneration, social security and pensions62€2.82M€2.67M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€249k€284k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€34k€55k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€564€-2k▼
Other operating charges640/8€77k€64k▼
Non-recurring operating charges66A€17k€21k▲
Gross operating margin9900€4.60M€4.29M▼
Operating profit (loss)9901€1.41M€1.19M▼
Financial income75/76B€89k€55k▼
Recurring financial income75€89k€55k▼
Financial charges65/66B€13k€13k▲
Recurring financial charges65€13k€13k▲
Profit (loss) for the period before taxes9903€1.48M€1.24M▼
Income taxes67/77€419k€331k▼
Profit (loss) for the period9904€1.06M€906k▼
Profit (loss) for the period to be appropriated9905€1.06M€906k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.89M€1.83M▼
Profit (loss) brought forward from the previous period14P€824k€926k▲
Transfer from equity791/2€0-
Profit to be distributed694/7€962k€900k▼
Return on contributions (dividend)694€962k€900k▼
Social balance
Average headcount (FTE)908737.134.8▼
The notes to these accounts (28 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
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €1MEq €1.02M ▲11.1%
6 profitable years in a row build equity to €1.02M.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-12
Financial
Weakest financial yearnet €343k ▼62.1%
Net result drops to €343k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 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, Roeselare · 1 establishment unit since 1987
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.
Kachtemsestraat 1618800 RoeselareGround area
1.4 ha
Building footprint
6,042 m²
Volume, LiDAR
48,240 m³
Parcel 36502B1595/00K000, Flanders · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CLUMA ENGINEERING NV
since 19872.030.260.874
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36502B1595/00K000 | Flanders | 1.4 ha | 1 · 6,042 m² | 9.9 m · 3 fl. |
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
2022 to 2025 · 9 entries · 112,083 EUR awarded · 110,824 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 32,954 EUR | 32,894 EUR |
| 2024 | 2 | 21,798 EUR | 22,588 EUR |
| 2023 | 3 | 34,795 EUR | 34,606 EUR |
| 2022 | 2 | 22,536 EUR | 20,736 EUR |
Schemes
Individueel Maatwerk
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Subsidies voor internationaal ondernemen
Recognitions · licences · registrations
Dual-learning approval
3 endedHoeknaadlasser (so)
Hoeknaadlasser duaal (so)
Plaatlasser (so)
Similar companies · same sector, comparable size
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SADIBO
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STEFCA KRAANSERVICE
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Of 3,986 companies in sector 25110 we hold annual accounts for 2,147. 1,333 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-09-1987
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
28220Manufacture of machinery and equipment not elsewhere classified
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.