ACTIVE

CLOETENS

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

474,2 k €

+790.2% YoY

Gross margin

2,2 M €

+59.0% YoY

Equity

1,7 M €

+17.9% YoY

Workforce

18,0 ETP

+9.1% YoY

What does CLOETENS do?

CLOETENS is a Private limited company incorporated in 1994. Its registered office is in Blankenberge. It employs on average 18,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0454.032.056

Incorporation

28/12/1994

Legal form

Private limited company

Registered office

Schaapstraat 101
8370 Blankenberge · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Average workforce

18,0 ETP

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	2,2 M €	+59.0%	1,4 M €	-23.7%	1,8 M €	+24.0%	1,5 M €	+38.4%	1,1 M €	+30.7%	806,6 k €	+1.5%	794,5 k €	+2.9%	772,3 k €	-6.8%	828,7 k €	-1.6%	842,4 k €	-14.8%	988,9 k €	-24.8%	1,3 M €	+29.0%	1 M €	+1.3%	1 M €	-7.0%	1,1 M €	+24.8%	867,8 k €	-0.0%	867,9 k €	+4.0%	834,2 k €	+49.9%	556,6 k €	-8.0%	604,7 k €
EBITDA	1,1 M €	+185%	377,2 k €	-56.5%	866,6 k €	+46.5%	591,7 k €	+52.4%	388,3 k €	+95.9%	198,2 k €	-6.2%	211,2 k €	-8.1%	229,9 k €	+19.9%	191,7 k €	-10.7%	214,7 k €	-31.5%	313,2 k €	-55.7%	706,4 k €	+133%	303,7 k €	-7.2%	327,1 k €	-33.9%	494,6 k €	+44.4%	342,4 k €	+25.0%	273,9 k €	+23.9%	221,1 k €	+237%	65,6 k €	-59.4%	161,8 k €
Operating result	761,9 k €	+690%	96,4 k €	-85.3%	657,6 k €	+39.5%	471,3 k €	+51.9%	310,3 k €	+93.1%	160,7 k €	-11.8%	182,2 k €	-13.0%	209,4 k €	+25.5%	166,9 k €	-4.9%	175,6 k €	-35.3%	271,5 k €	-58.5%	654,6 k €	+158%	253,3 k €	-8.3%	276,1 k €	-37.6%	442,7 k €	+58.7%	279 k €	+27.2%	219,3 k €	+43.0%	153,4 k €	+19990%	-771 €	-101%	102,9 k €
Net result	474,2 k €	+790%	53,3 k €	-87.9%	440,7 k €	+48.1%	297,6 k €	+46.7%	202,9 k €	+91.6%	105,9 k €	-7.1%	114 k €	-15.6%	135,1 k €	+45.8%	92,6 k €	-6.9%	99,5 k €	-36.9%	157,7 k €	-60.1%	395,2 k €	+140%	164,6 k €	-17.1%	198,5 k €	-30.1%	283,9 k €	+74.1%	163,1 k €	+49.3%	109,2 k €	+29.8%	84,1 k €	+458%	-23,5 k €	-136%	65,1 k €
Balance sheet
Equity	1,7 M €	+17.9%	1,4 M €	+3.9%	1,4 M €	+29.4%	1,1 M €	+24.0%	853,9 k €	+14.1%	748,5 k €	-6.2%	797,7 k €	-26.0%	1,1 M €	+13.7%	948,5 k €	+10.8%	855,9 k €	+13.1%	756,4 k €	+26.3%	598,7 k €	-25.5%	803,6 k €	+25.8%	639 k €	+45.1%	440,5 k €	-41.8%	756,7 k €	+27.5%	593,6 k €	+22.5%	484,4 k €	+42.6%	339,8 k €	-6.5%	363,3 k €
Total assets	3,3 M €	+7.3%	3,1 M €	+8.5%	2,8 M €	+41.3%	2 M €	+47.3%	1,4 M €	+13.6%	1,2 M €	-8.4%	1,3 M €	+14.6%	1,1 M €	+9.6%	1 M €	+3.3%	1 M €	+7.2%	943,6 k €	-36.8%	1,5 M €	+37.1%	1,1 M €	-12.3%	1,2 M €	+5.0%	1,2 M €	+0.7%	1,2 M €	+20.2%	977,5 k €	-6.3%	1 M €	+2.2%	1 M €	+27.8%	798,9 k €
Cash	147,9 k €	+254%	41,8 k €	-80.2%	210,9 k €	+342%	47,7 k €	-43.6%	84,5 k €	+58.7%	53,3 k €	-63.9%	147,6 k €	-70.4%	498,7 k €	+91.1%	260,9 k €	+208%	84,8 k €	-63.7%	233,6 k €	-75.4%	951,4 k €	+1037%	83,7 k €	-76.3%	353,7 k €	+374%	74,6 k €	+353%	16,5 k €	-87.8%	134,8 k €	+249%	38,7 k €	+183%	13,6 k €	-37.5%	21,8 k €
Debts	1,6 M €	-4.1%	1,7 M €	+12.7%	1,5 M €	+54.5%	951,7 k €	+86.3%	510,9 k €	+12.8%	453 k €	-11.9%	514,5 k €	+672%	66,6 k €	-30.6%	96 k €	-20.3%	120,4 k €	-20.7%	151,8 k €	-82.2%	853,8 k €	+251%	243,1 k €	-53.7%	525,1 k €	-25.1%	701,5 k €	+127%	308,8 k €	-10.2%	343,8 k €	-38.5%	558,8 k €	-17.9%	681 k €	+56.3%	435,6 k €
Other
Workforce	18,0 ETP	+9.1%	16,5 ETP	+1.2%	16,3 ETP	-0.6%	16,4 ETP	+13.9%	14,4 ETP	+2.9%	14,0 ETP	+7.7%	13,0 ETP	-3.7%	13,5 ETP	-3.6%	14,0 ETP	0.0%	14,0 ETP	0.0%	14,0 ETP	0.0%	14,0 ETP	-6.0%	14,9 ETP	+4.2%	14,3 ETP	+10.0%	13,0 ETP	+10.2%	11,8 ETP	-10.6%	13,2 ETP	-9.6%	14,6 ETP	+21.7%	12,0 ETP	+11.1%	10,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 17 ended

Active mandates

Lorenzo Cloetens

Mandate

Active

Mario Cloetens

Mandate

Active

Mike Cloetens

Mandate

Active

Ended mandates

Lorenzo Cloetens

Director · since 10 mars 2020

Ended

Mario Cloetens

Director · since 10 mars 2020

Ended

Manu Cloetens

Manager · since 01 janvier 2010 · until 31 décembre 2011

Ended

Mike Cloetens

Manager · since 01 janvier 2010 · until 31 décembre 2011

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	14/07/2026	23/07/2025	16/07/2024	01/09/2023	16/10/2022	31/08/2021
General meeting	27/06/2026	21/06/2025	15/06/2024	16/06/2023	07/06/2022	19/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	27/06/2026	14/07/2026	Dutch	PDF
Abridged model	31/12/2024	21/06/2025	23/07/2025	Dutch	PDF
Abridged model	31/12/2023	15/06/2024	16/07/2024	Dutch	PDF
Abridged model	31/12/2022	16/06/2023	01/09/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	16/10/2022	Dutch	PDF
Abridged model	31/12/2020	19/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	20/06/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	28/08/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	30/08/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	27/06/2014	Dutch	PDF
Abridged model	31/12/2012	11/05/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	12/05/2012	22/05/2012	Dutch	PDF
Abridged model	31/12/2010	14/05/2011	24/05/2011	Dutch	PDF
Abridged model	31/12/2009	08/05/2010	03/06/2010	Dutch	PDF
Abridged model	31/12/2008	09/05/2009	26/05/2009	Dutch	PDF
Abridged model	31/12/2007	10/05/2008	21/05/2008	Dutch	PDF
Abridged model	31/12/2006	09/06/2007	21/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 17 ended

Active mandates

Lorenzo Cloetens

Mandate

Active

Mario Cloetens

Mandate

Active

Mike Cloetens

Mandate

Active

Ended mandates

Lorenzo Cloetens

Director · since 10 mars 2020

Ended

Mario Cloetens

Director · since 10 mars 2020

Ended

Manu Cloetens

Manager · since 01 janvier 2010 · until 31 décembre 2011

Ended

Mike Cloetens

Manager · since 01 janvier 2010 · until 31 décembre 2011

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/03/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office14/02/2005
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025474,2 k €↑
2024
Annual accounts 202453,3 k €↓
2023
Annual accounts 2023440,7 k €↑
2022
Annual accounts 2022297,6 k €↑
2021
Annual accounts 2021202,9 k €↑
2020
Annual accounts 2020105,9 k €↓
2019
Annual accounts 2019114 k €↓
2018
Annual accounts 2018135,1 k €↑
2017
Annual accounts 201792,6 k €↓
2016
Annual accounts 201699,5 k €↓
2015
Annual accounts 2015157,7 k €↓
2014
Annual accounts 2014395,2 k €↑
2013
Annual accounts 2013164,6 k €↓
2012
Annual accounts 2012198,5 k €↓
2011
Annual accounts 2011283,9 k €↑
2010
Annual accounts 2010163,1 k €↑
2009
Annual accounts 2009109,2 k €↑
2008
Annual accounts 200884,1 k €↑
2007
Annual accounts 2007-23,5 k €↓
2006
Annual accounts 200665,1 k €
28/12/1994
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CLOETENS

Overview

What does CLOETENS do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline