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Callewood

Active
Private limited companyfounded 2019active for 6 yearsSteenberg 8, 9660 Brakel, BelgiumKBO/BCE: BE 0738.833.459
Summary

The computed 12-month bankruptcy probability of Callewood is 1.6% (moderate). The 2025 annual accounts show equity of €36,395 and a net result of -€9,601. Equity has been growing by about 22% per year since 2020. Its solvency ranks better than 24% of 34,902 sector peers (NACE 43, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 06-12-2019 Normal situation
Activity
Joinery installation NACE 43320
Joint committee
124 Paritair Comité voor het bouwbedrijf · annual accounts 2024
Establishment unit
2.296.438.079 9660 Brakel, since 06-12-2019
Financial year end
31 December
Peppol
Reachable since 25-04-2025

Board and ownership

Board
  • Callewaert CedricDirector

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.6%
Annual accounts 2025
Gross margin
€20,333
▼ 22.5%
Turnover
≈ €210,000
estimated
Loss
€9,601
▼ 63.0%
Equity
€36,395
▼ 20.9%
Total assets
€166,083
▲ 22.1%
  • 2025 accounts filed 31 days after the deadline
Filed on 31-08-2026
Score breakdownraises riskLast filed accounts filed 31 days late; 1 of the last 3 accounts lateSector: Specialised construction activities (NACE 43)Loss of €9,601, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 1.12, cash €29,699Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 30% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 47-12
equity 21.9% of total assets
Liquidity 61-1
short-term debt 29.0% · cash 17.9%
Profitability 41+41
return on assets -5.8%
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.8% 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.7%▼ -0.1 percentage points vs 02-2025lowest value 04-2025: 0.8%▲ +0.1 percentage points vs 03-2025 05-2025: 1.1%▲ +0.3 percentage points vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.1%● unchanged vs 06-2025 08-2025: 1.9%▲ +0.8 percentage points vs 07-2025highest value 09-2025: 1.7%▼ -0.2 percentage points vs 08-2025 10-2025: 1.7%● unchanged vs 09-2025 11-2025: 1.8%▲ +0.1 percentage points vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.1%▼ -0.7 percentage points vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 0.9%▼ -0.2 percentage points vs 02-2026 04-2026: 1.0%▲ +0.1 percentage points vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.1%▲ +0.1 percentage points vs 06-2026 08-2026: 1.9%▲ +0.8 percentage points vs 07-2026 09-2026: 1.6%▼ -0.3 percentage points vs 08-2026 10-2026: 1.6%● unchanged vs 09-2026 11-2026: 1.6%● unchanged vs 10-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.12 (1.16 in 2024), below the usual 1.5. Short-term debt is 29% and cash 17.9% of total assets. 78.1% of the assets are financed with debt and provisions.
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 43, micro). It does better than 23% of them on solvency, 58% on liquidity, 20% on profitability and 18% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 1.12, cash €29,699
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Loss of €9,601, the second in a row (financial year 2025)
NBB · annual accounts
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 2025
Net result per financial year
202122232425
2020 to 2025 · latest year -€9,601
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 34902 sector peers (2025).
NBB · sector comparison
Position among 34902 sector peers
Solvency
better than 24%
← weakest strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
31 days late
2024
18 days late
2023
7 days early
2022
16 days late
2021
30 days early
2020
29 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 on the deadline day. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed 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 16 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 87% of companies in specialised constructionsector median €10,227 · 34,889 companies -€9,601 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€9,601 View

Recent changes

  1. · Gazette deed Registered office moved within Brakel
  2. · Gazette deed Company renamed from CEDRIC CALLEWAERT to Callewood
  3. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as Callewood: joinery installation (NACE 43320). They are comparable in size and age: total assets between €142,000 and €187,000, founded between 2018 and 2020.

CompanyTotal assetsGross margin
Callewood Brakel€166,083€20,333
ALWOOD Wortegem-Petegem€153,741€19,296
CLUYSE JURGEN Zulte€141,899€20,404
Bart Janssen Schrijn- en Timmerwerken Lievegem€164,095€23,006
GLAMU Tielt-Winge€164,799€18,059
Wood You Geel€187,352€21,167
AR Interieur Roeselare€153,453€19,088
Full comparison

Key facts about Callewood

What is the company number of Callewood?
The company number of Callewood is 0738.833.459. The VAT number is the same number with BE in front: BE 0738.833.459.
Where is Callewood based?
The registered office is at Steenberg 8, 9660 Brakel.Company details
What does Callewood do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of Callewood?
The legal form of Callewood is Private limited company (BV).
When was Callewood founded?
Callewood was founded on 06-12-2019.
Is Callewood still active?
Yes, Callewood is an active enterprise in the KBO register.
How many employees does Callewood have?
Callewood had an average of 0.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does Callewood fall under?
In its 2024 annual accounts, Callewood states joint committee 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of Callewood?
The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €20,333 and 56 comparable companies (NACE 43320). It probably lies between €130,000 and €400,000. It is a rough estimate.
Is Callewood profitable?
In financial year 2025, Callewood made a loss of €9,601.
Where can I find the annual accounts of Callewood?
Callewood filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Callewood due?
Callewood must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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