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Callicanne

Active Public limited companyfounded 1997active for 29 yearsCallicannesweg 21, 8978 PoperingeKBO/BCE: BE 0461.566.184 #4 company by equity in Poperinge, Wholesale and retail trade sector

Lifetime

20 annual accounts with figures on one time axis, 28 filings since 1998
peak €31.2m (2023)
€19.5m▼ 26.8%
peak €1.3m (2018)
€124,537▼ 71.8%
peak €10.9m (2025)
€10.9m▲ 1.2%
€546,932▲ 9.2%
peak 19 FTE (2022)
13.6 FTE▼ 20.9%
Board4 names since 2004
1 directorMARGRÉ
Owners
Documentsfilings and deeds
17-04-202613 days before the deadline
2025financial year
Turnover from €26.7m to €19.5mResult from €442,233 to €124,537Staff from 17.2 FTE to 13.6 FTE

Key points

from the 2025 annual accounts

Equity

€10.9m ▲ 1.2%

Callicanne has made a profit in every financial year since 2006.

Result

€124,537 ▼ 71.8%
€442,0002024€125,0002025

The result fell in 2025 from €442,233 to €124,537.

Staff

13 employees on 30-09-2025
343620211412202211132023682024472025

In 2025, 4 people joined and 7 left.

Checked score

95
Excellent
Financially stronger than 62% of small companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 3,698 companies (NACE 47, small).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1%lowest value 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%▲ +0.1 percentage points vs 04-2025highest value 06-2025: < 0.1%▼ -0.1 percentage points 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: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged 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 04-2026 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: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 95.2% of total assets
76+3short-term debt 4.8% · cash 20.6%
57-4return on assets 1.1%

Score breakdown

raises risk
Sector: Retail trade (NACE 47)
lowers risk
Liquidity: current ratio 16.67, cash €2.4m
Founded in 1997
Equity €10.9m (95.2% 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 (NACE 47, small). It does better than 95% of them on solvency, 92% on liquidity, 39% on profitability and 23% on growth.

The bankruptcy probability was computed on 10-11-2026 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 30-09-2025.

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, 14,766 companies had the same profile as Callicanne has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Callicanne itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 14,766 companies, not a prediction for Callicanne. 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 €1,000,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 16.67 (18.2 in 2024), above the usual 1.5. Short-term debt is 4.8% and cash 20.6% of total assets. 4.8% 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
lowers risk · Liquidity: current ratio 16.67, cash €2.4m
NBB · annual accounts
lowers risk · Founded in 1997
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €10.9m (95.2% of total assets)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-04-2026, 13 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
13 days early
2024
15 days late
2023
on the day
2022
2 days early
2021
5 days early
2020
9 days early
2019
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 28 April (5 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
30-09-2026 year end11-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

M
Managing director, VANDECASSERIE Marc
BM
Auditor
  • MARGRé 1%equity €3.7m (2026) · 31-03-2026 annual accounts of MARGRé
Board & ownership

Recent changes

Environmental permit granted Nieuwbouw of aanleggen · Provincie West-Vlaanderen
Appointment: BV Moore Audit (statutory auditor) General meeting of 28-06-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0461566184
1 director appointed, 1 resignation Resignation: Clarysse Greet · Appointment: MARGRÉ · Permanent representative: VANDECASSERIE Marc · General meeting of 15-11-2023 · Gazette deed
All 45 events

Comparable companies

same main activity, similar in size and age
Company
Callicanne Poperinge €19.5m 1.1% 95.2% 13.6
PIRAGRI Ohey €33.4m 1.5% 18.7% 14
ROMAC FUELS Veurne €94.7m 1.5% 21.5% 15.6
Societé Belge de Carburants Fontaine-l'Evêque €32.2m 2.0% 11.5% 13.5
HESBYMAZOUT Remicourt €43.1m 2.3% 24.5% 11.7
BOLLE BRANDSTOFFEN Diksmuide €45.2m 1.3% 22.0% 7.7
ERIK VANTIEGHEM Avelgem €77.9m 0.9% 31.7% 7.6
-10%0%10%20%€20m€200m€2bnCallicanneEBIT margin

Grey: the largest companies of the sector (retail trade (NACE 47)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as Callicanne: retail sale of automotive fuel (NACE 47300). They are comparable in size and age: total assets between €5.2m and €15m, founded between 1973 and 2004.

Official details

Source: KBO
Status
Active since 03-10-1997Normal situation
Activity
Retail sale of automotive fuelNACE 47300and 8 others
Joint committee
201Independent retail · annual accounts 30-09-2025
Establishment units
2.084.737.0648978 Poperinge, since 04-02-1998
2.245.166.3548978 Poperinge, since 03-09-2015
Financial year end
30 September
Peppol
Reachable since 07-11-2025
Company details

Annual accounts to 30-09-2025

€11.4m▲ 1.5%
Employeeson 30-09-2025
13▼ 18.8%
Filing
Filed on 17-04-2026, 13 days before the end of the filing period
Financials

Insights on Callicanne

Callicanne has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.9m and a net result of €124,537.

Equity has been growing by about 7.3% per year since 2019. Its solvency ranks better than 95% of 5,070 sector peers (NACE 47, financial year 2025).

The computed 12-month bankruptcy probability is below 0.1% (very low).

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 Callicanne

What is the company number of Callicanne?
The company number of Callicanne is 0461.566.184. The VAT number is the same number with BE in front: BE 0461.566.184.
Where is Callicanne based?
The registered office is at Callicannesweg 21, 8978 Poperinge.Company details
What does Callicanne do?
According to the KBO register, the main activity is retail sale of automotive fuel (NACE 47300).
What is the legal form of Callicanne?
Callicanne is a public limited company (NV).
When was Callicanne founded?
Callicanne was founded on 03-10-1997.
Is Callicanne still active?
Yes, Callicanne is an active enterprise in the KBO register.
How many employees does Callicanne have?
Callicanne had an average of 13.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Callicanne fall under?
In its 30-09-2025 annual accounts, Callicanne states joint committee 201 (Independent retail).
What is the turnover of Callicanne?
The turnover of Callicanne was €19.5m in financial year 2025, according to the filed annual accounts.
Is Callicanne profitable?
In financial year 2025, Callicanne made a profit of €124,537.
Where can I find the annual accounts of Callicanne?
Callicanne filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Callicanne due?
Callicanne must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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