CALIN
InactiveCALIN was declared bankrupt on 05-07-2022 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed by liquidation by judgment of 24-02-2026, published in the Belgian State Gazette on 03-03-2026.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 18-10-2021, 79 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
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
79 d late
2019
74 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 77 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2020, micro schema
Equity
€40,073▼ 53.8%
2019 · €86,784
Total assets
€169,811▲ 42.7%
2019 · €118,997
Net result
-€46,711
2019 · €1,887
Working capital
€17,314▼ 79.8%
2019 · €85,861
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
Line201820192020
Operating result-€50,942-€5,622-€48,254
Net result-€44,705-€1,887-€46,711
Equity€84,897-€86,784▲ 2.2%€40,073▼ 53.8%
Total assets€182,471-€118,997▼ 34.8%€169,811▲ 42.7%
Debt€97,573-€32,213▼ 67.0%€129,737▲ 303%
Working capital€80,121-€85,861▲ 7.2%€17,314▼ 79.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €48,254 after €5,622 in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €169,811
Fixed assets
€80,298 ▲ 5,129%
Current assets
€89,513 ▼ 23.8%
Equity and liabilities €169,811
Equity
€40,073 ▼ 53.8%
Debt
€129,737 ▲ 303%
Debt's share of the balance-sheet total rises from 27.1% to 76.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€27,105▼
2019 · €9,811
Cash flow
-€25,562▼
2019 · €6,075
Current ratio
1.24▼
2019 · 3.72
Debt to equity
1.44
ROE
-116.6%▼
2019 · 2.2%
ROA
-27.5%▼
2019 · 1.6%
Debt ≤ 1 year
€72,199▲
2019 · €31,600
Debt > 1 year
€57,538
Income taxes
€410▼
2019 · €6,652
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,188 | €4,188 | €21,148 | ▲ 405% |
| Gross operating margin9900 | -€45,023 | €11,112 | -€24,985 | ▼ 325% |
| Operating profit (loss)9901 | -€50,942 | €5,622 | -€48,254 | ▼ 958% |
| Recurring financial income75 | €7,675 | €3,360 | €3,456 | ▲ 2.8% |
| Recurring financial charges65 | €1,438 | €444 | €1,503 | ▲ 239% |
| Profit (loss) for the period before taxes9903 | -€44,705 | €8,539 | -€46,301 | ▼ 642% |
| Income taxes67/77 | - | €6,652 | €410 | ▼ 93.8% |
| Profit (loss) for the period9904 | -€44,705 | €1,887 | -€46,711 | ▼ 2,576% |
| Profit (loss) for the period to be appropriated9905 | -€44,705 | €1,887 | -€46,711 | ▼ 2,576% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €182,471 | €118,997 | €169,811 | ▲ 42.7% |
| Fixed assets21/28 | €5,724 | €1,536 | €80,298 | ▲ 5,129% |
| Tangible fixed assets22/27 | €5,724 | €1,536 | €80,298 | ▲ 5,129% |
| Current assets29/58 | €176,747 | €117,461 | €89,513 | ▼ 23.8% |
| Stocks and contracts in progress3 | €15,082 | - | - | - |
| Amounts receivable within one year40/41 | €161,183 | €74,394 | €74,544 | ▲ 0.2% |
| Cash at bank and in hand54/58 | - | - | €6,031 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €182,471 | €118,997 | €169,811 | ▲ 42.7% |
| Equity10/15 | €84,897 | €86,784 | €40,073 | ▼ 53.8% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €66,676 | €66,676 | €66,676 | = |
| Profit (loss) carried forward14 | -€1,779 | €108 | -€46,603 | ▼ 43,339% |
| Amounts payable17/49 | €97,573 | €32,213 | €129,737 | ▲ 303% |
| Amounts payable after more than one year17 | - | - | €57,538 | - |
| Amounts payable within one year42/48 | €96,626 | €31,600 | €72,199 | ▲ 128% |
| Trade debts44 | €62,586 | - | €31,216 | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€44,705 | €1,887 | -€46,711 | ▼ 2,576% |
| + Depreciation and write-downs630 | €4,188 | €4,188 | €21,148 | ▲ 405% |
| Operating cash flow (approximation) | -€40,517 | €6,075 | -€25,562 | ▼ 521% |
| Investment in fixed assets (approximation) | - | €0 | -€99,910 | - |
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
2026
03-03
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Gent · event 24-02-2026
2022
13-07
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 05-07-2022
2021
18-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 79 days late
2020
31-12
Financial
Weakest financial yearnet -€46,711
Net result drops to -€46,711, the lowest in the series.
13-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 74 days late
2019
31-12
Financial
Back to profitnet €1,887
Net result €1,887 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 3.72
Current ratio from 1.83 to 3.72; short-term debt falls from €96,626 to €31,600.
18-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 79 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 55 days late
2017
14-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 75 days late
2016
27-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 27 days late
2015
27-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Show earlier events
2014
14-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
19-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 19 days late
2012
30-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 30 days late
SignalFinancial 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | RONNY JOSEPH MARTELAARSLAAN 210, 9000 GENT- |
05-07-2022 → 24-02-2026 |