CALO
ActiveCALO has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57k and a net result of €11k. Equity is shrinking by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 56% of 11165 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +49 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▲+98
Solvency94▲+3
Growth32=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.98 against 3.56 in 2024), but 50.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.5%
Return on assets
9.7%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €57k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
14 d late
2023
10 d early
2022
24 d late
2021
86 d early
2020
80 d early
2019
56 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€57k▲ 24.3%
2024 · €46k
2018: €64k
2019: €69k
2020: €54k
2021: €49k
2022: €40k
2023: €50k
2024: €46k
2018 → 2025
Total assets
€115k▲ 17.0%
2024 · €98k
2018: €174k
2019: €158k
2020: €132k
2021: €119k
2022: €110k
2023: €102k
2024: €98k
2018 → 2025
Net result
€11k
2024 · €-5k
2018: €41k
2019: €5k
2020: €-15k
2021: €-5k
2022: €-9k
2023: €11k
2024: €-5k
2018 → 2025
Working capital
€57k▼ 19.2%
2024 · €70k
2018: €70k
2019: €69k
2020: €49k
2021: €71k
2022: €60k
2023: €74k
2024: €70k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€49k-€40k▼ 18.9%€50k▲ 26.7%€46k▼ 9.2%€57k▲ 24.3%
Operating result€-5k-€-618▲ 86.9%€13k€1k▼ 92.2%€16k▲ 1,489%
Net result€-5k-€-9k▼ 101%€11k€-5k€11k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,489% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €115k
Equity
€57k▲ 24.3%
Debt
€58k▲ 10.7%
The debt ratio falls from 53.4% to 50.5%: equity grows faster than debt.
Key figures and ratios
EBITDA
€17k▲
2024 · €2k
Cash flow
€11k▲
2024 · €-4k
Solvency
49.5%▲
2024 · 46.6%
Current ratio
1.98▼
2024 · 3.56
Quick ratio
1.17▼
2024 · 1.93
Debt / equity
1.02▼
2024 · 1.15
ROE
19.6%▲
2024 · -10.1%
ROA
9.7%▲
2024 · -4.7%
Interest coverage
3.33▲
2024 · 0.36
Debt
€58k▲
2024 · €53k
Debt ≤ 1 year
€58k▲
2024 · €28k
Income taxes
€146▲
2024 · €140
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€98k€115k▲
Fixed assets21/28€316€0▼
Tangible fixed assets22/27€316€0▼
Plant, machinery and equipment23€316€0▼
Current assets29/58€98k€115k▲
Stocks and contracts in progress3€45k€47k▲
Stocks30/36€45k€47k▲
Amounts receivable within one year40/41€39k€32k▼
Trade receivables40€39k€30k▼
Other amounts receivable41€555€2k▲
Cash at bank and in hand54/58€14k€36k▲
Equity and liabilities
Total equity and liabilities10/49€98k€115k▲
Equity10/15€46k€57k▲
Contributions10/11€80k€80k=
Profit (loss) carried forward14€-34k€-23k▲
Amounts payable17/49€53k€58k▲
Amounts payable after more than one year17€25k-
Financial debts170/4€25k-
Amounts payable within one year42/48€28k€58k▲
Current portion of amounts payable after more than one year42-€25k
Trade debts44€6k€5k▼
Suppliers440/4€6k€5k▼
Advances received on contracts in progress46€503-
Taxes, remuneration and social security45€3k€3k▲
Taxes450/3€3k€3k▲
Other amounts payable47/48€18k€26k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€948€316▼
Other operating charges640/8€393€10k▲
Gross operating margin9900€2k€26k▲
Operating profit (loss)9901€1k€16k▲
Financial income75/76B€0€6▲
Recurring financial income75€0€6▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€-4k€11k▲
Income taxes67/77€140€146▲
Profit (loss) for the period9904€-5k€11k▲
Profit (loss) for the period to be appropriated9905€-5k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-34k€-23k▲
Profit (loss) brought forward from the previous period14P€-30k€-34k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
31-07
State Gazette act
Registered office · Resignations & appointmentsGeneral meeting · Director appointment · Registered-office move3 facts ▸
State Gazette act
Registered office · Resignations & appointments
General meeting · Director appointment · Registered-office move3 facts ▸
- General meeting, 01/07/2026
- Director appointment, Verschaeve Eden (bestuurder)
- Registered-office move, 8870 Izegem, Roeselaarsestraat 339
2025
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
21-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €11k
Net result €11k after 3 loss-making years.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
06-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-15k ▼392%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
06-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
Verschaeve Eden
CurrentDirector · since 01-07-2026
01-07-2026
Appointed as Director
Location & real-estate footprint
Registered office, Izegem · 1 establishment unit since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Roeselaarsestraat 3398870 IzegemGround area
375 m²
Building footprint
177 m²
Volume, LiDAR
932 m³
Parcel 36494D0204/00L003, Flanders · tallest building 9.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CALO
since 19982.086.857.208
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36494D0204/00L003 | Flanders | 375 m² | 1 · 177 m² | 9.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
OTIS DRINKS
BE 0758.510.702
Anderlecht · Eq €57k
Singh drinks
BE 0521.864.750
Antwerpen · Eq €57k
POLA DRINKS
BE 0713.760.147
Mouscron · Eq €56k
WORLD CONNECT SERVICES AND TRADING
BE 0801.694.112
Anderlecht · Eq €58k
VINEA WINE CONSULTING TRADING
BE 0892.392.674
Lennik · Eq €58k
Of 1,569 companies in sector 46349 we hold annual accounts for 979. 620 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-04-1998
Fiscal year end31-12
Activities, NACEBEL
46349Wholesale of beverages, general range
47252Retail sale of beverages, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.