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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CLUTCH from Elsene, company number BE0842103025, closed financial year 2025 with a result of € -6,746 after tax. For that financial year CLUTCH recorded a gross margin of € -10,710 and equity of € -41,667. Compared with financial year 2024, the result moved from € 53,479 to € -6,746. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -41,667
▼ € 6,746 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,746
▼ still € 53,479 profit in 2024
Profit after tax over the fiscal year.
€ 4,149
▼ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -60,267.
Debts at end 2025
€ 166,358
▼ 4% vs 2024
€ 7,403 is repaid this year. At this pace the long-term loan is gone in ≈ 22 years.
€ 18,323
▲ € 16,026 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 268
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -19,559 | € -9,747 | € 61,004 | € -10,710 | ▼ € 71,714 |
| Profit after taxes | € -24,540 | € -16,579 | € 53,479 | € -6,746 | ▼ € 60,226 |
| Equity | € -71,822 | € -88,400 | € -34,921 | € -41,667 | ▼ € 6,746 |
| Total debts | € 374,375 | € 458,651 | € 658,112 | € 1,313,858 | ▲ 100% |
| Cash | € 7,388 | € 6,737 | € 91,572 | € 4,149 | ▼ 95% |
| Land & buildings | € 213,632 | € 221,947 | € 330,416 | € 555,900 | ▲ 68% |
| Retained profit | € -90,422 | € -107,000 | € -53,521 | € -60,267 | ▼ € 6,746 |
| Bank debt | € 185,265 | € 178,983 | € 173,161 | € 166,358 | ▼ 4% |
| Balance sheet total | € 302,553 | € 370,251 | € 623,191 | € 1,272,191 | ▲ 104% |
Key figures of CLUTCH, 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 CLUTCH?
What happened at CLUTCH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,746 (▼ € 60,226 vs 2024). filed late Source: NBB ↗
- New establishment in Messancy. KBO
- Start of the company according to the CBE. KBO
- Thierry SMETS became a director. NBB
In short
From € 24,540 loss in 2022 to € 6,746 loss in 2025.
Best year ever: 2024, with € 53,479 profit.
Management
Behind CLUTCH is Thierry SMETS. Thierry SMETS is also behind CONCORDE 68, SMETS CONCEPT STORE BRUSSELS, COSMETICARY and IMMO-BOURBON.
Directors
According to the 2025 annual accounts
Thierry SMETS
Director
Also active at: CONCORDE 68, SMETS CONCEPT STORE BRUSSELS, COSMETICARY, IMMO-BOURBON
since 2011
Establishments
Establishment units
Physical locations of this company
Emile Duraylaan 66 box 2
1050 Elsene
Rue d'Arlon 199 box 9b
6780 Messancy
Active since 10 February 2012
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0842.103.025
- VAT number
- BE 0842.103.025
- Registered office
- Emile Duraylaan 66 bus 2, 1050 Elsene
- Names & denominations
- CLUTCH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2011
- Peppol
- Active · Active since 7 Nov 2025
- Activities · NACE
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