Calico Solutions
ActiveCalico Solutions has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €47k and a net result of €560. Equity is growing by ~28.7% per year across the filed fiscal years. Its solvency ranks better than 62% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
81
/ 100
Excellent▼ -19 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability6▼-94
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 3.4 against 2.68 in 2023), and 28.2% of the assets are financed with debt.
Credit advice 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
Sector 62
lower
← 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 2024Solvency, return and age of the figures
Solvency
71.8%
Return on assets
0.9%
Age of the figures
20 mo
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
69 d late
2023
58 d early
2022
75 d early
2021
67 d early
2020
61 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€47k▲ 1.2%
2023 · €46k
2020: €13k
2021: €30k
2022: €35k
2023: €46k
2020 → 2024
Total assets
€65k▼ 6.9%
2023 · €70k
2020: €24k
2021: €50k
2022: €55k
2023: €70k
2020 → 2024
Net result
€560▼ 95.1%
2023 · €12k
2020: €9k
2021: €17k
2022: €5k
2023: €12k
2020 → 2024
Working capital
€44k▲ 10.7%
2023 · €40k
2020: €10k
2021: €23k
2022: €24k
2023: €40k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€13k-€30k▲ 134%€35k▲ 15.5%€46k▲ 33.4%€47k▲ 1.2%
Operating result€11k-€26k▲ 140%€11k▼ 58.3%€17k▲ 59.3%€4k▼ 76.3%
Net result€9k-€17k▲ 95.6%€5k▼ 72.9%€12k▲ 149%€560▼ 95.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 76% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €65k
Fixed assets
€3k▼ 55.5%
Current assets
€62k▼ 1.8%
Equity and liabilities €65k
Equity
€47k▲ 1.2%
Debt
€18k▼ 22.6%
The debt ratio falls from 33.9% to 28.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€8k▼
2023 · €21k
Cash flow
€4k▼
2023 · €15k
Solvency
71.8%▲
2023 · 66.1%
Current ratio
3.40▲
2023 · 2.68
Quick ratio
3.40▲
2023 · 2.68
Debt / equity
0.39▼
2023 · 0.51
ROE
1.2%▼
2023 · 25.1%
ROA
0.9%▼
2023 · 16.6%
Interest coverage
2.84▼
2023 · 14.07
Debt
€18k▼
2023 · €24k
Debt ≤ 1 year
€18k▼
2023 · €24k
Income taxes
€990▼
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€70k€65k▼
Formation expenses20€614€217▼
Fixed assets21/28€6k€3k▼
Tangible fixed assets22/27€6k€3k▼
Furniture and vehicles24€6k€3k▼
Current assets29/58€63k€62k▼
Amounts receivable after more than one year29€11k€7k▼
Other amounts receivable291€11k€7k▼
Amounts receivable within one year40/41€19k€20k▲
Trade receivables40€13k€16k▲
Other amounts receivable41€6k€4k▼
Cash at bank and in hand54/58€33k€35k▲
Equity and liabilities
Total equity and liabilities10/49€70k€65k▼
Equity10/15€46k€47k▲
Contributions10/11€7k€7k=
Reserves13€35k€35k=
Distributable reserves133€35k€35k=
Profit (loss) carried forward14€4k€4k▲
Amounts payable17/49€24k€18k▼
Amounts payable within one year42/48€24k€18k▼
Trade debts44€291€2k▲
Suppliers440/4€291€2k▲
Taxes, remuneration and social security45€21k€15k▼
Taxes450/3€21k€15k▼
Other amounts payable47/48€2k€2k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€64€64▲
Gross operating margin9900€21k€8k▼
Operating profit (loss)9901€17k€4k▼
Financial income75/76B€244€192▼
Recurring financial income75€244€192▼
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€16k€2k▼
Income taxes67/77€4k€990▼
Profit (loss) for the period9904€12k€560▼
Profit (loss) for the period to be appropriated9905€12k€560▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€4k▼
Profit (loss) brought forward from the previous period14P€2k€4k▲
Transfer to equity691/2€10k-
To other reserves6921€10k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
2024
31-12
Financial
Weakest financial yearnet €560 ▼95.1%
Net result drops to €560, the lowest in the series.
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €17k ▲95.6%
Operating result €26k, net result €17k, both a record.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Merchtem · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hogerop 51785 MerchtemGround area
1,396 m²
Building footprint
422 m²
Volume, LiDAR
1,450 m³
2 parcels, Flanders · tallest building 13.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Calico Solutions
since 20202.305.083.848
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23602H0702/00E005 | Flanders | 1,093 m² | 1 · 266 m² | 2.9 m |
| 23642D0399/00P000 | Flanders | 303 m² | 1 · 156 m² | 13.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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SERPENTIS
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ASIST
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Of 3,203 companies in sector 62900 we hold annual accounts for 1,736. 1,338 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-07-2020
Fiscal year end31-12
Activities, NACEBEL
62900Other information technology and computer services
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.