CALEX
ActiveSummary
CALEX has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74,060 and a net result of €32,639. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 30% of 12761 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▲+7
Solvency58▼-7
Growth52=
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity short (current ratio 0.35 against 0.63 in 2024; short-term debt: 50.9% and cash: 10.2% of total assets), and 66.9% of the assets are financed with debt.
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Signals
Four 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% 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
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
33.1%
Return on assets
14.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-04-2026, 105 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
105 d early
2024
11 d late
2023
19 d early
2022
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€74,060▼ 21.5%
2024 · €94,352
Total assets
€224,079▼ 4.9%
2024 · €235,716
Net result
€32,639▲ 60.8%
2024 · €20,292
Working capital
-€74,211▼ 223%
2024 · -€22,967
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€75,513-€16,417▼ 78.3%€29,153▲ 77.6%€43,555▲ 49.4%
Net result€60,420-€8,640▼ 85.7%€20,292▲ 135%€32,639▲ 60.8%
Equity€65,420-€74,060▲ 13.2%€94,352▲ 27.4%€74,060▼ 21.5%
Total assets€241,942-€246,972▲ 2.1%€235,716▼ 4.6%€224,079▼ 4.9%
Debt€176,522-€172,912▼ 2.0%€141,364▼ 18.2%€150,019▲ 6.1%
Working capital€6,566--€28,107-€22,967▲ 18.3%-€74,211▼ 223%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 49% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €224,079
Fixed assets
€184,339 ▼ 6.3%
Current assets
€39,740 ▲ 2.0%
Equity and liabilities €224,079
Equity
€74,060 ▼ 21.5%
Debt
€150,019 ▲ 6.1%
Debt's share of the balance-sheet total rises from 60.0% to 66.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€73,694▲
2024 · €57,488
Cash flow
€62,778▲
2024 · €48,627
Current ratio
0.35▼
2024 · 0.63
Debt to equity
2.03▲
2024 · 1.50
ROE
44.1%▲
2024 · 21.5%
ROA
14.6%▲
2024 · 8.6%
Interest coverage
31.37▲
2024 · 18.68
Debt ≤ 1 year
€113,952▲
2024 · €61,917
Debt > 1 year
€36,068▼
2024 · €79,448
Income taxes
€9,222▲
2024 · €6,390
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,964 | €25,276 | €28,335 | €30,139 | ▲ 6.4% |
| Other operating charges640/8 | €1,774 | €1,658 | €1,093 | €1,556 | ▲ 42.5% |
| Gross operating margin9900 | €84,250 | €43,351 | €58,580 | €75,250 | ▲ 28.5% |
| Operating profit (loss)9901 | €75,513 | €16,417 | €29,153 | €43,555 | ▲ 49.4% |
| Financial income75/76B | €529 | €599 | €607 | €655 | ▲ 7.9% |
| Recurring financial income75 | €529 | €599 | €607 | €655 | ▲ 7.9% |
| Financial charges65/66B | €2,475 | €3,896 | €3,077 | €2,349 | ▼ 23.7% |
| Recurring financial charges65 | €2,475 | €3,896 | €3,077 | €2,349 | ▼ 23.7% |
| Profit (loss) for the period before taxes9903 | €73,567 | €13,119 | €26,682 | €41,861 | ▲ 56.9% |
| Income taxes67/77 | €13,147 | €4,480 | €6,390 | €9,222 | ▲ 44.3% |
| Profit (loss) for the period9904 | €60,420 | €8,640 | €20,292 | €32,639 | ▲ 60.8% |
| Profit (loss) for the period to be appropriated9905 | €60,420 | €8,640 | €20,292 | €32,639 | ▲ 60.8% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €241,942 | €246,972 | €235,716 | €224,079 | ▼ 4.9% |
| Fixed assets21/28 | €167,657 | €221,589 | €196,767 | €184,339 | ▼ 6.3% |
| Tangible fixed assets22/27 | €167,657 | €221,589 | €196,767 | €184,339 | ▼ 6.3% |
| Land and buildings22 | €149,135 | €147,006 | €137,934 | €129,974 | ▼ 5.8% |
| Plant, machinery and equipment23 | €7,192 | €5,642 | €4,092 | €2,542 | ▼ 37.9% |
| Furniture and vehicles24 | €11,330 | €68,941 | €54,741 | €51,822 | ▼ 5.3% |
| Current assets29/58 | €74,284 | €25,383 | €38,949 | €39,740 | ▲ 2.0% |
| Amounts receivable within one year40/41 | €15,000 | €23,640 | €17,051 | €16,595 | ▼ 2.7% |
| Trade receivables40 | - | €6,840 | €2,051 | €0 | ▼ 100% |
| Other amounts receivable41 | €15,000 | €16,800 | €15,000 | €16,595 | ▲ 10.6% |
| Cash at bank and in hand54/58 | €59,284 | €1,399 | €21,533 | €22,785 | ▲ 5.8% |
| Deferred charges and accrued income490/1 | - | €343 | €365 | €360 | ▼ 1.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €241,942 | €246,972 | €235,716 | €224,079 | ▼ 4.9% |
| Equity10/15 | €65,420 | €74,060 | €94,352 | €74,060 | ▼ 21.5% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €60,420 | €69,060 | €89,352 | €69,060 | ▼ 22.7% |
| Distributable reserves133 | €60,420 | €69,060 | €89,352 | €69,060 | ▼ 22.7% |
| Profit (loss) carried forward14 | - | - | - | €0 | - |
| Amounts payable17/49 | €176,522 | €172,912 | €141,364 | €150,019 | ▲ 6.1% |
| Amounts payable after more than one year17 | €108,803 | €119,422 | €79,448 | €36,068 | ▼ 54.6% |
| Financial debts170/4 | €108,803 | €119,422 | €79,448 | €36,068 | ▼ 54.6% |
| Amounts payable within one year42/48 | €67,718 | €53,490 | €61,917 | €113,952 | ▲ 84.0% |
| Current portion of amounts payable after more than one year42 | €29,184 | €41,620 | €42,468 | €43,380 | ▲ 2.1% |
| Trade debts44 | €18,406 | €3,724 | €9,826 | €1,757 | ▼ 82.1% |
| Suppliers440/4 | €18,406 | €3,724 | €9,826 | €1,757 | ▼ 82.1% |
| Taxes, remuneration and social security45 | €18,978 | €7,898 | €9,280 | €15,884 | ▲ 71.2% |
| Taxes450/3 | €18,978 | €7,898 | €9,280 | €15,884 | ▲ 71.2% |
| Other amounts payable47/48 | €1,150 | €248 | €342 | €52,931 | ▲ 15,357% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €60,420 | €8,640 | €20,292 | €32,639 | ▲ 60.8% |
| + Depreciation and write-downs630 | €6,964 | €25,276 | €28,335 | €30,139 | ▲ 6.4% |
| Operating cash flow (approximation) | €67,383 | €33,915 | €48,627 | €62,778 | ▲ 29.1% |
| Investment in fixed assets (approximation) | - | -€79,208 | -€3,512 | -€17,711 | ▼ 404% |
| Change in cash | - | -€57,886 | €20,134 | €1,252 | ▼ 93.8% |
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
17-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €8,640 ▼85.7%
Net result drops to €8,640, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Jabbeke · 1 establishment unit since 2021
Ground area
2,515 m²
Building footprint
165 m²
Volume, LiDAR
1,071 m³
Parcel 31012C0575/00X000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CALEX
since 20212.314.350.714
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31012C0575/00X000 | Flanders | 2,515 m² | 1 · 165 m² | 10.1 m · 2 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 · 3 entries · 1,182 EUR awarded · 1,182 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 275 EUR | 275 EUR |
| 2024 | 1 | 665 EUR | 665 EUR |
| 2023 | 1 | 242 EUR | 242 EUR |
Similar companies · same sector, comparable size
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BE 0744.452.531
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VERBA
BE 1005.356.696
Gent · Eq €73,926
Of 22,069 companies in sector 69101 we hold annual accounts for 9,055. 7,505 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
Founded24-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Scores and ratios are computed by Checked and are not a credit decision.