Equity
€3.1m ▼ 11.8%
CALINO has made a profit without a break since 2020.
CALINO
Lifetime
19 annual accounts with figures on one time axis, 30 filings since 1996peak €784,840 (2025)
€784,840▲ 244%
lowest -€204,215 (2018)
€400,073▼ 84.5%
peak €3.6m (2024)
€3.1m▼ 11.8%
€142,662▼ 53.2%
Board8 names since 2019
4 directorsCallens Françoise and 3 others
Documentsfilings and deeds
30-09-202531 days before the deadline
2025financial year
Turnover from €228,000 to €784,840Result from €2.6m to €400,073Merger proposal: Calino takes over LACKINO 16-12Demerger proposal: Calino splits off to Group Callin 15-12Appointment: VRC BEDRIJFSREVISOREN (statutory auditor) 01-04Debts from €304,644 to €142,662
Key points
from the 2025 annual accountsTurnover
€784,840 ▲ 244%
Turnover rose in 2025: branch received from CALLIN.
Payment terms
101 days to suppliers
CALINO pays its suppliers 25 days later than in 2024. Customers pay 93 days later.
Filings
30 annual accounts 10 days past the deadline
2026 accounts not filed: deadline was 31-10-2026.
Restructuring
3
3 restructurings since 2024. Latest: merger with LACKINO.
Board
3 joined
New directors. Latest change 13-02-2026 · 7 in office.
Checked score
88
Excellent
Financially stronger than 76% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.2%▲ +0.1 percentage points vs 09-2025
11-2025: 0.1%▼ -0.1 percentage points vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026lowest value
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.3%▲ +0.2 percentage points vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 2.74, cash €9,387
Figures for financial year 2025 (filed on 08-10-2025)
lowers risk
Equity €3.1m (94.9% of total assets)
Founded in 1995
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 92% of them on solvency, 59% on liquidity, 96% on profitability and 58% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-03-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as CALINO has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of CALINO itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,137 companies, not a prediction for CALINO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €75,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.74 (3.16 in 2024), above the usual 1.5. Short-term debt is 4.1% and cash 0.3% of total assets. 5.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-09-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
not filed
2025
31 days early
2024
6 days early
2023
4 days early
2022
10 days early
2021
23 days early
2020
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 18 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0456778344
Demerger: CALINO splits off to GROUP CALLIN
Capital decrease of €10,400.13 to €51,099.87 · Capital after the decrease: €51,099.87 · Appointments: CALLENS Françoise Flora, VANHAVERBEKE Yves Martin Joseph Guy, VANHAVERBEKE Jules Guy Roger Yves, VANHAVERBEKE Charlotte Claire Bernadette Françoise and VANHAVERBEKE Marie-Alix Chantal Françoise · General meeting of 13-02-2026 · Gazette deed
Merger: CALINO takes over LACKINO
Capital increase of €219,734.35 to €271,334.22 · Capital from €51,599.87 to €271,334.22, 143 new shares · “1. L-achat, l-échange, la vente, la prise en location et en sous location, ainsi que la cession en location et…” (deed in French) · Gazette deed
Merger proposal: Calino takes over LACKINO
Permanent representative: Steven T'Jollyn · Appointment: VRC Bedrijfsrevisoren (statutory auditor) · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CALINO Mouscron | €784,840 | 65.7% | 94.9% | - |
| MRS Eghezée Ixelles | €468,798 | 59.2% | 99.0% | - |
| CLIMOB Diepenbeek | €503,337 | 40.5% | 20.1% | - |
| BRUSSELS NORTH DISTRIBUTION Molenbeek-Saint-Jean | €624,696 | 59.4% | 3.0% | - |
| ILGAT BUSINESS PARK Hasselt | €445,667 | 37.7% | 20.8% | - |
| KOBAN Genk | €604,919 | 13.1% | 63.9% | - |
| RVT ZOTTEGEM Ixelles | €702,080 | 90.4% | 96.2% | - |
Grey: the largest companies of the sector (real estate (NACE 68)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as CALINO: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €2m and €5.3m, founded between 1988 and 2003.
Official details
Source: KBO- Status
- Active since 22-12-1995Normal situation
- Activity
- Buying and selling of own real estateNACE 68110and 4 others
- Establishment unit
- 2.113.517.8557700 Mouscron, since 12-09-2002
- Financial year end
- 31 March
- Peppol
- Reachable since 27-03-2026
Insights on CALINO
CALINO has existed since 1995. The present size dates from 2025. Turnover rose that year from €228,000 to €784,840. On 29 August 2024 CALINO received a branch of activity from CALLIN.
Turnover has grown every year since 2021.
In August 2024, the Official Gazette published the appointment of CALLENS Françoise Flora as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CALINO
- What is the company number of CALINO?
- The company number of CALINO is 0456.778.344. The VAT number is the same number with BE in front: BE 0456.778.344.
- Where is CALINO based?
- The registered office is at Mont-Galloisstraat 64, 7700 Mouscron.Company details
- What does CALINO do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of CALINO?
- CALINO is a public limited company (NV).
- When was CALINO founded?
- CALINO was founded on 22-12-1995.
- Is CALINO still active?
- Yes, CALINO is an active enterprise in the KBO register.
- What is the turnover of CALINO?
- The turnover of CALINO was €784,840 in financial year 2025, according to the filed annual accounts.Financials
- Is CALINO profitable?
- In financial year 2025, CALINO made a profit of €400,073.
- Where can I find the annual accounts of CALINO?
- CALINO filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.