Financials
Financial year 2025
CLOTH from Kelmis, company number BE0836989739, closed financial year 2025 with a result of € -165,251 after tax. For that financial year CLOTH recorded a gross margin of € 790,699 and equity of € 484,670. Compared with financial year 2024, the result moved from € 73,309 to € -165,251. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 8, 2026.
€ 484,670
▼ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -165,251
▼ still € 73,309 profit in 2024
Profit after tax over the fiscal year.
€ 123,104
▼ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 442,882.
People and assets in 2025
19.2
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 809,109
▲ 13% vs 2024
€ 42,100 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.
€ 68,447
▲ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 731,751
▲ 39% vs 2024
€ 94,048 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 71,588
▲ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 149,653
▲ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 718,697 | € 731,052 | € 951,007 | € 790,699 | ▼ 17% |
| Profit after taxes | € 90,661 | € 46,123 | € 73,309 | € -165,251 | ▼ € 238,560 |
| Equity | € 690,610 | € 661,693 | € 650,961 | € 484,670 | ▼ 26% |
| Total debts | € 583,785 | € 638,548 | € 949,630 | € 1,197,678 | ▲ 26% |
| Cash | € 220,488 | € 128,821 | € 127,283 | € 123,104 | ▼ 3% |
| Land & buildings | € 476,676 | € 452,828 | € 805,274 | € 987,506 | ▲ 23% |
| Retained profit | € 645,700 | € 617,824 | € 608,133 | € 442,882 | ▼ 27% |
| Dividend | € 51,000 | € 74,000 | € 83,000 | € 0 | ▼ 100% |
| Bank debt | € 278,705 | € 197,075 | € 526,022 | € 731,751 | ▲ 39% |
| Balance sheet total | € 1,274,395 | € 1,300,241 | € 1,600,591 | € 1,682,348 | ▲ 5% |
| Employees (FTE) | 17.1 | 18.5 | 19.3 | 19.2 | ▼ 0.1 |
Key figures of CLOTH, 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 CLOTH?
What happened at CLOTH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 165,251 (▼ € 238,560 vs 2024). Source: NBB ↗
- New establishment in Eupen. KBO
- Start of the company according to the CBE. KBO
In short
From € 90,661 profit in 2022 to € 165,251 loss in 2025.
Paid € 86,639 in corporate taxes since 2022.
Best year ever: 2022, with € 90,661 profit.
On average € 41,200 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Rue Bau 11
4720 Kelmis
Schnellewindgasse 8
4700 Eupen
Active since 16 June 2011
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0836.989.739
- VAT number
- BE 0836.989.739
- Registered office
- Rue Bau 11, 4720 Kelmis
- Names & denominations
- CLOTH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 June 2011
- Peppol
- Active · Active since 6 Oct 2025
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