Calabi
ActiveSummary
Calabi has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-16k) and a net result of €5k. Equity is shrinking by ~88.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 2699 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability92▲+92
Solvency0=
Growth58=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.08 against 0.42 in 2024; short-term debt: 57.2% and cash: 3.2% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-190.9%
Return on assets
56.5%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 2699 sector peers (2025).
NBB · sector comparisonPosition among 2699 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 12-05-2026, 12 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
12 d late
2024
26 d early
2023
1 d early
2022
38 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-16k▲ 22.8%
2024 · €-21k
2022: €76khighest in 4 years
2023: €52k▼ -31.0% vs 2022
2024: €-21k▼ -140% vs 2023lowest in 4 years
2025: €-16k▲ +22.8% vs 2024
2022 → 2025
Total assets
€9k▼ 18.9%
2024 · €11k
2022: €105khighest in 4 years
2023: €91k▼ -13.5% vs 2022
2024: €11k▼ -88.4% vs 2023
2025: €9k▼ -18.9% vs 2024lowest in 4 years
2022 → 2025
Net result
€5k
2024 · €-74k
2022: €-132klowest in 4 years
2023: €-24k▲ +82.1% vs 2022
2024: €-74k▼ -212% vs 2023
2025: €5k▲ +107% vs 2024highest in 4 years
2022 → 2025
Working capital
€369
2024 · €-7k
2022: €64khighest in 4 years
2023: €64k▼ -1.0% vs 2022
2024: €-7k▼ -111% vs 2023lowest in 4 years
2025: €369▲ +105% vs 2024
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€76k-€52k▼ 31.0%€-21k€-16k▲ 22.8%
2022: €76khighest in 4 years
2023: €52k▼ -31.0% vs 2022
2024: €-21k▼ -140% vs 2023lowest in 4 years
2025: €-16k▲ +22.8% vs 2024
Operating result€-131k-€-23k▲ 82.9%€-71k▼ 217%€6k
2022: €-131klowest in 4 years
2023: €-23k▲ +82.9% vs 2022
2024: €-71k▼ -217% vs 2023
2025: €6k▲ +109% vs 2024highest in 4 years
Net result€-132k-€-24k▲ 82.1%€-74k▼ 212%€5k
2022: €-132klowest in 4 years
2023: €-24k▲ +82.1% vs 2022
2024: €-74k▼ -212% vs 2023
2025: €5k▲ +107% vs 2024highest in 4 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6k after a loss of €71k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9k
Fixed assets
€3k ▼ 41.9%
Current assets
€5k ▲ 7.9%
Key figures and ratios
EBITDA
€9k▲
2024 · €-69k
Cash flow
€7k▲
2024 · €-71k
Solvency
-190.9%▲
2024 · -200.6%
Current ratio
1.08▲
2024 · 0.42
Debt to equity
-1.52▼
2024 · -1.50
ROA
56.5%▲
2024 · -696.7%
Interest coverage
5.09▲
2024 · -33.67
Debt
€25k▼
2024 · €32k
Debt ≤ 1 year
€5k▼
2024 · €12k
Debt > 1 year
€20k=
2024 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€11k€9k▼
Fixed assets21/28€6k€3k▼
Intangible fixed assets21€3k€2k▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€398-
Other tangible fixed assets26€2k€1k▼
Current assets29/58€5k€5k▲
Amounts receivable within one year40/41€4k€5k▲
Trade receivables40€1k€5k▲
Other amounts receivable41€3k-
Cash at bank and in hand54/58€819€271▼
Equity and liabilities
Total equity and liabilities10/49€11k€9k▼
Equity10/15€-21k€-16k▲
Contributions10/11€208k€208k=
Profit (loss) carried forward14€-229k€-224k▲
Amounts payable17/49€32k€25k▼
Amounts payable after more than one year17€20k€20k=
Financial debts170/4€20k€20k=
Amounts payable within one year42/48€12k€5k▼
Trade debts44€9k€2k▼
Suppliers440/4€9k€2k▼
Taxes, remuneration and social security45-€870
Taxes450/3-€870
Other amounts payable47/48€3k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€203€507▲
Gross operating margin9900€-68k€9k▲
Operating profit (loss)9901€-71k€6k▲
Financial income75/76B€19€242▲
Recurring financial income75€19€242▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-74k€5k▲
Profit (loss) for the period9904€-74k€5k▲
Profit (loss) for the period to be appropriated9905€-74k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-229k€-224k▲
Profit (loss) brought forward from the previous period14P€-155k€-229k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €3k | €3k | €2k | ▼ 19.3% |
| Other operating charges640/8 | €982 | €1k | €203 | €507 | ▲ 150% |
| Gross operating margin9900 | €-129k | €-18k | €-68k | €9k | ▲ 113% |
| Operating profit (loss)9901 | €-131k | €-23k | €-71k | €6k | ▲ 109% |
| Financial income75/76B | - | €58 | €19 | €242 | ▲ 1,200% |
| Recurring financial income75 | - | €58 | €19 | €242 | ▲ 1,200% |
| Financial charges65/66B | €217 | €1k | €2k | €2k | ▼ 16.4% |
| Recurring financial charges65 | €217 | €1k | €2k | €2k | ▼ 16.4% |
| Profit (loss) for the period before taxes9903 | €-132k | €-24k | €-74k | €5k | ▲ 107% |
| Profit (loss) for the period9904 | €-132k | €-24k | €-74k | €5k | ▲ 107% |
| Profit (loss) for the period to be appropriated9905 | €-132k | €-24k | €-74k | €5k | ▲ 107% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €105k | €91k | €11k | €9k | ▼ 18.9% |
| Fixed assets21/28 | €12k | €9k | €6k | €3k | ▼ 41.9% |
| Intangible fixed assets21 | €6k | €5k | €3k | €2k | ▼ 36.5% |
| Tangible fixed assets22/27 | €6k | €4k | €2k | €1k | ▼ 50.3% |
| Furniture and vehicles24 | €2k | €1k | €398 | - | - |
| Other tangible fixed assets26 | €3k | €3k | €2k | €1k | ▼ 39.4% |
| Current assets29/58 | €94k | €82k | €5k | €5k | ▲ 7.9% |
| Amounts receivable within one year40/41 | €4k | €15k | €4k | €5k | ▲ 23.0% |
| Trade receivables40 | - | €5k | €1k | €5k | ▲ 325% |
| Other amounts receivable41 | €4k | €10k | €3k | - | - |
| Cash at bank and in hand54/58 | €90k | €67k | €819 | €271 | ▼ 66.9% |
| Deferred charges and accrued income490/1 | €98 | - | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €105k | €91k | €11k | €9k | ▼ 18.9% |
| Equity10/15 | €76k | €52k | €-21k | €-16k | ▲ 22.8% |
| Contributions10/11 | €208k | €208k | €208k | €208k | = |
| Profit (loss) carried forward14 | €-132k | €-155k | €-229k | €-224k | ▲ 2.1% |
| Amounts payable17/49 | €29k | €39k | €32k | €25k | ▼ 21.5% |
| Amounts payable after more than one year17 | - | €20k | €20k | €20k | = |
| Financial debts170/4 | - | €20k | €20k | €20k | = |
| Amounts payable within one year42/48 | €29k | €19k | €12k | €5k | ▼ 58.2% |
| Trade debts44 | €29k | €18k | €9k | €2k | ▼ 71.8% |
| Suppliers440/4 | €29k | €18k | €9k | €2k | ▼ 71.8% |
| Taxes, remuneration and social security45 | - | - | - | €870 | - |
| Taxes450/3 | - | - | - | €870 | - |
| Other amounts payable47/48 | €470 | €402 | €3k | €2k | ▼ 48.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-132k | €-24k | €-74k | €5k | ▲ 107% |
| + Depreciation and write-downs630 | €1k | €3k | €3k | €2k | ▼ 19.3% |
| Operating cash flow (approximation) | €-130k | €-21k | €-71k | €7k | ▲ 110% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | ▼ 100% |
| Change in cash | - | €-22k | €-66k | €-548 | ▲ 99.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 12 days late
2025
30-09
Financial
Back to profitnet €5k
Net result €5k after 3 loss-making years.
30-09
Financial
Liquidity triplescurrent ratio 1.08
Current ratio from 0.42 to 1.08; short-term debt falls from €12k to €5k.
04-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2021
Ground area
142 m²
Building footprint
69 m²
Volume, LiDAR
559 m³
Parcel 11809I2410/00H006, Flanders · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
OSTAYE
since 20212.321.422.311
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11809I2410/00H006 | Flanders | 142 m² | 1 · 69 m² | 12.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 7 entries · 120,850 EUR awarded · 90,030 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | 0 EUR | 1,530 EUR |
| 2024 | 1 | 0 EUR | 38,000 EUR |
| 2023 | 2 | 120,850 EUR | 50,500 EUR |
Schemes
Ontwikkelingsproject
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
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Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 6,816 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-08-2021
Fiscal year end30-09
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.