Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CLEMANIS from Tenneville, company number BE0459832161, closed financial year 2025 with a result of € 71,064 after tax. For that financial year CLEMANIS recorded a gross margin of € 539,564 and equity of € 752,596. Compared with financial year 2024, the result moved from € 96,164 to € 71,064. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ 752,596
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 71,064
▼ 26% vs 2024
Profit after tax over the fiscal year.
€ 143,988
▲ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 40,000 paid out
56 % of the profit went to the shareholders, mostly to BALTUS SA (100 % of the shares). That is where the money ends up.
People and assets in 2025
7.7
▲ 2.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 248,585
▲ 31% vs 2024
€ 32,300 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.
€ 9,376
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▼ 4% vs 2024
€ 133,070 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 280,344
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 61,016
▲ 144% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 404,639 | € 448,654 | € 484,583 | € 539,564 | ▲ 11% |
| Profit after taxes | € -70,968 | € 28,991 | € 96,164 | € 71,064 | ▼ 26% |
| Equity | € 596,377 | € 625,368 | € 721,533 | € 752,596 | ▲ 4% |
| Total debts | € 1,885,878 | € 1,646,967 | € 1,465,022 | € 1,487,393 | ▲ 2% |
| Cash | € 66,407 | € 81,920 | € 96,070 | € 143,988 | ▲ 50% |
| Land & buildings | € 1,051,706 | € 1,020,961 | € 989,910 | € 1,032,572 | ▲ 4% |
| Retained profit | € 168,477 | € 197,468 | € 293,633 | € 324,696 | ▲ 11% |
| Dividend | € 0 | € 0 | € 0 | € 40,000 | |
| Bank debt | € 1,413,569 | € 1,267,527 | € 1,130,735 | € 1,088,464 | ▼ 4% |
| Balance sheet total | € 2,482,256 | € 2,272,335 | € 2,186,555 | € 2,239,990 | ▲ 2% |
| Employees (FTE) | 6 | 4.6 | 5.2 | 7.7 | ▲ 2.5 |
Key figures of CLEMANIS, 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 CLEMANIS?
What happened at CLEMANIS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 71,064 (▼ 26% vs 2024). Source: NBB ↗
- GREG BALTUS became a director. NBB
- MARC BALTUS became a director. NBB
- New establishment in Tenneville. KBO
- Start of the company according to the CBE. KBO
In short
From € 70,968 loss in 2022 to € 71,064 profit in 2025.
Paid € 35,497 in corporate taxes since 2022.
Best year ever: 2024, with € 96,164 profit.
On average € 70,100 of value added per employee in 2025.
Management
Behind CLEMANIS are GREG BALTUS and MARC BALTUS. The shares are held by BALTUS SA (100%).
Directors
According to the 2025 annual accounts
GREG BALTUS
Manager
since 2018
since 2014
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Route de la Barrière 29C
6970 Tenneville
Route de la Barrière 29-C
6970 Tenneville
Active since 4 February 1997
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0459.832.161
- VAT number
- BE 0459.832.161
- Registered office
- Route de la Barrière 29C, 6970 Tenneville
- Names & denominations
- CLEMANIS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 February 1997
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Superettes (verkoopsoppervlakte tussen 100 m2 en minder dan 400 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)