CALCIS
ActiveSummary
CALCIS has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €168,854 and a net result of €49,452. Equity is growing by ~31.8% per year across the filed fiscal years. Its solvency ranks better than 65% of 9559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability94▲+63
Solvency94▲+25
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 1.62 against 0.89 in 2024; short-term debt: 22.7% and cash: 2.9% of total assets), and 31% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69%
Return on assets
20.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
28 d late
2022
30 d late
2021
30 d late
2020
19 d late
2019
16 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 22 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€168,854▲ 41.4%
2024 · €119,402
Total assets
€244,864▼ 10.3%
2024 · €272,925
Net result
€49,452
2024 · -€8,894
Working capital
€34,159
2024 · -€14,988
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€10,031▼ 65.4%€15,036▲ 49.9%€78,308▲ 421%-€4,575€67,497
Net result€7,094within the sector's middle half▼ 69.3%€10,572within the sector's middle half▲ 49.0%€55,132above the sector's middle half▲ 421%-€8,894below the sector's middle half€49,452above the sector's middle half
Equity€62,655within the sector's middle half▲ 10.8%€73,164within the sector's middle half▲ 16.8%€128,296within the sector's middle half▲ 75.4%€119,402within the sector's middle half▼ 6.9%€168,854above the sector's middle half▲ 41.4%
Total assets€171,318within the sector's middle half▼ 4.4%€177,567within the sector's middle half▲ 3.6%€231,565within the sector's middle half▲ 30.4%€272,925within the sector's middle half▲ 17.9%€244,864within the sector's middle half▼ 10.3%
Debt€108,664▼ 11.5%€104,403▼ 3.9%€103,269▼ 1.1%€153,524▲ 48.7%€76,010▼ 50.5%
Working capital-€36,012below the sector's middle half▲ 17.1%-€16,679below the sector's middle half▲ 53.7%€5,719within the sector's middle half-€14,988below the sector's middle half€34,159within the sector's middle half
Solvency36.6%within the sector's middle half▲ 5.0pp41.2%within the sector's middle half▲ 4.6pp55.4%within the sector's middle half▲ 14.2pp43.7%within the sector's middle half▼ 11.7pp69.0%within the sector's middle half▲ 25.2pp
Current ratio0.52below the sector's middle half▲ 0.120.76below the sector's middle half▲ 0.241.07below the sector's middle half▲ 0.300.89below the sector's middle half▼ 0.181.62within the sector's middle half▲ 0.73
Return on assets (ROA)4.1%within the sector's middle half▼ 8.7pp6.0%within the sector's middle half▲ 1.8pp23.8%within the sector's middle half▲ 17.9pp-3.3%below the sector's middle half▼ 27.1pp20.2%within the sector's middle half▲ 23.5pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €67,497 after a loss of €4,575 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €244,864
Fixed assets
€155,186 ▼ 1.0%
Current assets
€89,678 ▼ 22.8%
Equity and liabilities €244,864
Equity
€168,854 ▲ 41.4%
Debt
€76,010 ▼ 50.5%
Debt's share of the balance-sheet total falls from 56.3% to 31.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€80,797▲
2024 · €8,315
Cash flow
€62,753▲
2024 · €3,996
Debt to equity
0.45▼
2024 · 1.29
ROE
29.3%▲
2024 · -7.4%
Interest coverage
27.13▲
2024 · 1.99
Debt ≤ 1 year
€55,518▼
2024 · €131,117
Debt > 1 year
€18,486▼
2024 · €21,267
Income taxes
€15,067▲
2024 · €140
Staff costs
€431▼
2024 · €2,734
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €2,734 | €431 | ▼ 84.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,264 | €10,050 | €14,044 | €12,890 | €13,301 | ▲ 3.2% |
| Other operating charges640/8 | €3,082 | €1,524 | €4,307 | €9,341 | €3,477 | ▼ 62.8% |
| Non-recurring operating charges66A | - | - | €2,650 | - | - | - |
| Gross operating margin9900 | €33,377 | €26,609 | €99,309 | €20,391 | €84,705 | ▲ 315% |
| Operating profit (loss)9901 | €10,031 | €15,036 | €78,308 | -€4,575 | €67,497 | ▲ 1,575% |
| Financial income75/76B | €985 | €64 | - | - | €0 | - |
| Recurring financial income75 | €985 | €64 | - | - | €0 | - |
| Financial charges65/66B | €3,105 | €3,407 | €3,637 | €4,180 | €2,978 | ▼ 28.8% |
| Recurring financial charges65 | €3,105 | €3,407 | €3,637 | €4,180 | €2,978 | ▼ 28.8% |
| Profit (loss) for the period before taxes9903 | €7,911 | €11,692 | €74,671 | -€8,755 | €64,519 | ▲ 837% |
| Income taxes67/77 | €817 | €1,120 | €19,539 | €140 | €15,067 | ▲ 10,699% |
| Profit (loss) for the period9904 | €7,094 | €10,572 | €55,132 | -€8,894 | €49,452 | ▲ 656% |
| Profit (loss) for the period to be appropriated9905 | €7,094 | €10,572 | €55,132 | -€8,894 | €49,452 | ▲ 656% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €171,318 | €177,567 | €231,565 | €272,925 | €244,864 | ▼ 10.3% |
| Fixed assets21/28 | €131,887 | €123,844 | €140,786 | €156,796 | €155,186 | ▼ 1.0% |
| Intangible fixed assets21 | €364 | €131 | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €128,033 | €119,706 | €136,675 | €152,251 | €154,055 | ▲ 1.2% |
| Land and buildings22 | €116,761 | €112,790 | €108,818 | €132,342 | €127,637 | ▼ 3.6% |
| Plant, machinery and equipment23 | €8,617 | €6,003 | €21,195 | €15,969 | €10,742 | ▼ 32.7% |
| Furniture and vehicles24 | €2,255 | €913 | €6,662 | €3,940 | €15,676 | ▲ 298% |
| Other tangible fixed assets26 | €398 | €0 | €0 | €0 | €0 | - |
| Financial fixed assets28 | €3,490 | €4,008 | €4,111 | €4,545 | €1,131 | ▼ 75.1% |
| Current assets29/58 | €39,432 | €53,723 | €90,779 | €116,129 | €89,678 | ▼ 22.8% |
| Amounts receivable within one year40/41 | €32,790 | €52,967 | €80,381 | €84,549 | €75,302 | ▼ 10.9% |
| Trade receivables40 | €32,524 | €49,375 | €40,653 | €54,335 | €5,173 | ▼ 90.5% |
| Other amounts receivable41 | €266 | €3,593 | €39,727 | €30,214 | €70,129 | ▲ 132% |
| Cash at bank and in hand54/58 | €6,095 | - | €1,774 | €23,769 | €7,182 | ▼ 69.8% |
| Deferred charges and accrued income490/1 | €547 | €756 | €8,624 | €7,811 | €7,193 | ▼ 7.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €171,318 | €177,567 | €231,565 | €272,925 | €244,864 | ▼ 10.3% |
| Equity10/15 | €62,655 | €73,164 | €128,296 | €119,402 | €168,854 | ▲ 41.4% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €42,860 | €52,860 | €107,860 | €107,860 | €150,000 | ▲ 39.1% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €41,000 | €51,000 | €107,860 | €107,860 | €150,000 | ▲ 39.1% |
| Profit (loss) carried forward14 | €1,132 | €1,704 | €1,836 | -€7,058 | €254 | ▲ 104% |
| Investment grants15 | €63 | €0 | - | - | - | - |
| Amounts payable17/49 | €108,664 | €104,403 | €103,269 | €153,524 | €76,010 | ▼ 50.5% |
| Amounts payable after more than one year17 | €32,874 | €33,886 | €17,668 | €21,267 | €18,486 | ▼ 13.1% |
| Financial debts170/4 | €32,874 | €33,886 | €17,668 | €21,267 | €18,486 | ▼ 13.1% |
| Amounts payable within one year42/48 | €75,444 | €70,401 | €85,060 | €131,117 | €55,518 | ▼ 57.7% |
| Current portion of amounts payable after more than one year42 | €16,316 | €17,122 | €17,551 | €14,959 | €12,781 | ▼ 14.6% |
| Financial debts43 | - | €12,344 | €11,620 | €5,397 | €7,786 | ▲ 44.3% |
| Credit institutions430/8 | - | €12,344 | €11,620 | €5,397 | €7,786 | ▲ 44.3% |
| Trade debts44 | €6,171 | €38,082 | €26,584 | €54,048 | €13,894 | ▼ 74.3% |
| Suppliers440/4 | €6,171 | €38,082 | €26,584 | €54,048 | €13,894 | ▼ 74.3% |
| Taxes, remuneration and social security45 | €13,379 | €2,674 | €29,305 | €56,714 | €21,058 | ▼ 62.9% |
| Taxes450/3 | €13,379 | €2,674 | €29,305 | €55,557 | €21,058 | ▼ 62.1% |
| Remuneration and social security454/9 | - | - | - | €1,156 | - | - |
| Other amounts payable47/48 | €39,577 | €179 | €0 | - | - | - |
| Accrued charges and deferred income492/3 | €346 | €115 | €541 | €1,140 | €2,006 | ▲ 75.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,094 | €10,572 | €55,132 | -€8,894 | €49,452 | ▲ 656% |
| + Depreciation and write-downs630 | €20,264 | €10,050 | €14,044 | €12,890 | €13,301 | ▲ 3.2% |
| Operating cash flow (approximation) | €27,358 | €20,622 | €69,176 | €3,996 | €62,753 | ▲ 1,471% |
| Investment in fixed assets (approximation) | - | -€2,008 | -€30,986 | -€28,900 | -€11,690 | ▲ 59.5% |
| Change in cash | - | - | - | €21,994 | -€16,587 | ▼ 175% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €49,452
Net result €49,452 after one loss-making year.
31-12
Financial
Equity above €150,000Eq €168,854 ▲41.4%
Equity rises from €119,402 to €168,854.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Highest result since 2018net €55,132 ▲421%
Operating result €78,308, net result €55,132, both a record.
31-12
Financial
Equity above €100,000Eq €128,296 ▲75.4%
5 profitable years in a row build equity to €128,296.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €22,045
Net result €22,045 after one loss-making year.
Show earlier events
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
22-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Liège · 1 establishment unit since 2013
Ground area
482 m²
Building footprint
86 m²
Volume, LiDAR
790 m³
Parcel 62047C0528/00B002, Wallonia · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Avenue de Péville 156, 4030 Liège
since 20132.215.608.573
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62047C0528/00B002 | Wallonia | 481 m² | 1 · 86 m² | 11.8 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.
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Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 5,215 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
Founded13-12-2012
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
71209Other technical testing and analysis
E-invoicing
Reachable via Peppol
Peppol ID
0208:0501955204
Registered
07-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.