Losses
-€57,903 in four years
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
CALLENS-VERPRAET
Lifetime
20 annual accounts with figures on one time axis, 44 filings since 1982peak €28,856 (2016)
-€9,673▲ €2,788
lowest -€22,730 (2024)
-€17,864▲ €4,866
peak €304,651 (2021)
€232,848▼ 7.1%
€16,697▲ 35.8%
Board2 names since 2021
1 directorVERPRAET Ginette
Documentsfilings and deeds
17-07-202614 days before the deadline
2025micro format
Gross margin from -€12,460 to -€9,673Loss of €17,864Registered office moved within Waregem 15-10Debts from €12,297 to €16,697
Key points
from the 2025 annual accountsLiquidity
13.91 was 20.49 in 2024
Short-term debts rose from €11,375 to €15,813.
Filings
44 annual accounts since 1982
Five of the last ten came late. The 2020 accounts came latest: 30 days after the end of the period.
Turnover not published (micro format)
Checked score
91
Excellent
Financially stronger than 54% of micro companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
About 1 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 12-2024lowest value
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%▲ +0.1 percentage points vs 07-2025
09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: 0.2%▲ +0.2 percentage points vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.3%▲ +0.1 percentage points vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026highest value
08-2026: 0.1%▼ -0.2 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Size: total assets €249,544
Liquidity: current ratio 13.91, cash €205,701
Equity €232,848 (93.3% of total assets)
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 (no NACE code, micro). It does better than 81% of them on solvency, 95% on liquidity, 11% on profitability and 28% on growth.
The bankruptcy probability was computed on 06-11-2026 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 31-12-2025.
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, 12,322 companies had the same profile as CALLENS-VERPRAET has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CALLENS-VERPRAET itself: 0.1% 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 12,322 companies, not a prediction for CALLENS-VERPRAET. 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 €21,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 13.91 (20.49 in 2024), above the usual 1.5. Short-term debt is 6.3% and cash 82.4% of total assets. 6.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€17,864
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 days early
2024
12 days late
2023
22 days early
2022
29 days late
2021
33 days early
2020
30 days late
2019
27 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 4 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved within Waregem
New registered office: Stijn Streuvelsstraat 7, 8790 WAREGEM · Previous registered office: Stijn Streuvelsstraat 17, 8790 WAREGEM · Gazette deed
Company renamed from Garage CALLENS-VERPRAET to CALLENS-VERPRAET
Appointments: VERPRAET Ginette (director) and CALLENS Frederik (successor director) · General meeting of 19-02-2024 · Gazette deed
First establishment
Stijn Streuvelsstraat 7, Waregem
Official details
Source: KBO- Status
- Active since 01-12-1981Normal situation
- Activity
- “Het uitbaten van garages,autoherstelplaatsen en autowasserijen en het uitvoeren van koetswerkherstellingen” (deed in Dutch)From the articles, 7 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.020.056.9698790 Waregem, since 01-12-1981
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- €249,544▼ 5.1%
- Filing
- Filed on 17-07-2026, 14 days before the end of the filing period
Insights on CALLENS-VERPRAET
CALLENS-VERPRAET files the micro format. That format states no turnover. The gross margin fell from €24,717 in 2006 to -€9,673 in 2025.
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 CALLENS-VERPRAET
- What is the company number of CALLENS-VERPRAET?
- The company number of CALLENS-VERPRAET is 0422.159.737. The VAT number is the same number with BE in front: BE 0422.159.737.
- Where is CALLENS-VERPRAET based?
- The registered office is at Stijn Streuvelsstraat 7, 8790 Waregem.Company details
- What is the legal form of CALLENS-VERPRAET?
- CALLENS-VERPRAET is a private limited company (BV).
- When was CALLENS-VERPRAET founded?
- CALLENS-VERPRAET was founded on 01-12-1981.
- Is CALLENS-VERPRAET still active?
- Yes, CALLENS-VERPRAET is an active enterprise in the KBO register.
- What is the turnover of CALLENS-VERPRAET?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is CALLENS-VERPRAET profitable?
- In financial year 2025, CALLENS-VERPRAET made a loss of €17,864.
- Where can I find the annual accounts of CALLENS-VERPRAET?
- CALLENS-VERPRAET filed 44 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CALLENS-VERPRAET due?
- CALLENS-VERPRAET must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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