Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 20 to 17.
Financials
Financial year 2025
Cloet gebroeders from Pittem, company number BE0412384216, closed financial year 2025 with a result of € 702,793 after tax. For that financial year Cloet gebroeders recorded revenue of € 10.5 million and equity of € 4.6 million. Compared with financial year 2024, the result moved from € 1.1 million to € 702,793. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.
€ 4.6 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 702,793
▼ 38% vs 2024
Profit after tax over the fiscal year.
€ 996,028
▲ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 300,000 paid out
43 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
17
▼ 2.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▼ 6% vs 2024
€ 73,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2.6 million
▲ 12% vs 2024
Of which on lease € 2.5 million.
Debts at end 2025
€ 3 million
▲ 15% vs 2024
€ 1 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.1 million
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 58 days on average.
€ 84,311
▼ 29% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 11,696,856 | € 11,561,047 | € 13,119,943 | € 10,466,552 | ▼ 20% |
| Profit after taxes | € 847,680 | € 966,969 | € 1,137,275 | € 702,793 | ▼ 38% |
| Equity | € 3,250,887 | € 3,617,856 | € 4,155,130 | € 4,557,923 | ▲ 10% |
| Total debts | € 5,742,442 | € 5,996,473 | € 6,547,641 | € 5,420,265 | ▼ 17% |
| Cash | € 2,370,118 | € 1,124,304 | € 988,798 | € 996,028 | ▲ 1% |
| Land & buildings | € 214,196 | € 225,135 | € 241,339 | € 234,576 | ▼ 3% |
| Retained profit | € 3,176,519 | € 3,543,488 | € 4,080,762 | € 4,483,555 | ▲ 10% |
| Dividend | € 600,000 | € 600,000 | € 600,000 | € 300,000 | ▼ 50% |
| Bank debt | € 2,291,024 | € 2,366,697 | € 2,656,965 | € 3,048,302 | ▲ 15% |
| Balance sheet total | € 9,179,102 | € 9,801,322 | € 10,938,096 | € 10,219,366 | ▼ 7% |
| Employees (FTE) | 19.1 | 20 | 19.3 | 17 | ▼ 2.3 |
Key figures of Cloet gebroeders, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Cloet gebroeders?
What happened at Cloet gebroeders in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 702,793 (▼ 38% vs 2024). Source: NBB ↗
- New establishment in Pittem. KBO
- Start of the company according to the CBE. KBO
In short
From € 847,680 profit in 2022 to € 702,793 profit in 2025.
Paid € 510,575 in corporate taxes since 2022.
Best year ever: 2024, with € 1.1 million profit.
Paid out € 2.1 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Cloet gebroeders are De Thuisploeg ComV, TLC Projects CommV, Cloet Invest CommV and CG Projects bv.
Directors
According to the 2025 annual accounts
Director · represented by Leonard Cloet
Director · represented by Thomas Cloet
Managing director · represented by Diederik Cloet
Managing director · represented by Bernard Cloet
Establishments
Establishment units
Physical locations of this company
Lichterveldestraat 15
8740 Pittem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0412.384.216
- VAT number
- BE 0412.384.216
- Registered office
- Lichterveldestraat 15, 8740 Pittem
- Names & denominations
- Cloet gebroeders
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 April 1972
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Slopen
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Grondverzet
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen