Calorix

Active

Public limited companyfounded 20233 yrs activeOude Hoevestraat 10, 3020 Herent, BelgiumKBO/BCE: BE 0804.373.290

The computed 12-month bankruptcy probability of Calorix is 2.0% (moderate). The 2025 annual accounts show equity of €67k and a net result of €8k. Its solvency ranks better than 70% of 7760 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

65 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability78▲+78

Solvency86▼-14

Growth78

Track record94

Bankruptcy probability, 12 months

2.0% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €4k at 30 days acceptable

Liquidity short (current ratio 0.83 against 2.29 in 2024; short-term debt: 24.4% and cash: 3.8% of total assets), and 38.6% of the assets are financed with debt.

How do we compute the score and the probability?

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

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

61.4%

Return on assets

7.4%

Age of the figures

9 mo

Filed after the deadline

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. 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 · 2 filings

Deviation from the deadline

2025

31 d late

2024

7 d late

← before the deadline after the deadline →

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 months

Position in the running window

22-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€67k▲ 13.8%

2024 · €59k

2024: €59k

2024 → 2025

Total assets

€109k▲ 50.6%

2024 · €72k

2024: €72k

2024 → 2025

Net result

€8k

2024 · €-19k

2024: €-19k

2024 → 2025

Working capital

€-5k

2024 · €16k

2024: €16k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€59k-€67k▲ 13.8%

Operating result€-19k-€9k

Net result€-19k-€8k

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €9k after a loss of €19k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €109k

79.7%

20.3%

Fixed assets €87k▲ 94.2%

Current assets €22k▼ 20.0%

Equity and liabilities €109k

61.4%

38.6%

Equity €67k▲ 13.8%

Debt €42k▲ 211%

The debt ratio rises from 18.7% to 38.6%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€26k▲

2024 · €-11k

Cash flow

€25k▲

2024 · €-11k

Solvency

61.4%▼

2024 · 81.3%

Current ratio

0.83▼

2024 · 2.29

Quick ratio

0.55▼

2024 · 1.67

Debt / equity

0.63▲

2024 · 0.23

ROE

12.1%▲

2024 · -32.2%

ROA

7.4%▲

2024 · -26.2%

Interest coverage

38.97▲

2024 · -106.97

Debt

€42k▲

2024 · €14k

Debt ≤ 1 year

€27k▲

2024 · €12k

Debt > 1 year

€15k

Income taxes

€144

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€72k€109k▲

Fixed assets21/28€45k€87k▲

Tangible fixed assets22/27€45k€87k▲

Plant, machinery and equipment23€45k€65k▲

Furniture and vehicles24-€22k

Current assets29/58€28k€22k▼

Stocks and contracts in progress3€7k€7k=

Stocks30/36€7k€7k=

Amounts receivable within one year40/41€7k€8k▲

Trade receivables40€5k€4k▼

Other amounts receivable41€1k€4k▲

Cash at bank and in hand54/58€12k€4k▼

Deferred charges and accrued income490/1€1k€2k▲

Equity and liabilities

Total equity and liabilities10/49€72k€109k▲

Equity10/15€59k€67k▲

Contributions10/11€78k€78k=

Capital10€78k€78k=

Issued capital100€78k€78k=

Profit (loss) carried forward14€-19k€-11k▲

Amounts payable17/49€14k€42k▲

Amounts payable after more than one year17-€15k

Other amounts payable178/9-€15k

Amounts payable within one year42/48€12k€27k▲

Financial debts43-€4k

Other loans439-€4k

Trade debts44€7k€4k▼

Suppliers440/4€7k€4k▼

Taxes, remuneration and social security45-€144

Taxes450/3-€144

Other amounts payable47/48€5k€18k▲

Accrued charges and deferred income492/3€2k€16▼

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€17k▲

Other operating charges640/8€772€179▼

Gross operating margin9900€-10k€26k▲

Operating profit (loss)9901€-19k€9k▲

Financial income75/76B€0€0▼

Recurring financial income75€0€0▼

Financial charges65/66B€102€664▲

Recurring financial charges65€102€664▲

Profit (loss) for the period before taxes9903€-19k€8k▲

Income taxes67/77-€144

Profit (loss) for the period9904€-19k€8k▲

Profit (loss) for the period to be appropriated9905€-19k€8k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-19k€-11k▲

Profit (loss) brought forward from the previous period14P-€-19k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 3Financial 1Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

31-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 31 days late

2025

31-12

Financial Back to profitnet €8k

Net result €8k after one loss-making year.

07-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 7 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Herent · 1 establishment unit since 2023

establishment The establishment unit on the map

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.

Oude Hoevestraat 103020 Herent

Ground area

8,666 m²

Building footprint

191 m²

Volume, LiDAR

1,183 m³

2 parcels, Flanders · tallest building 15.6 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Calorix

Leuvensesteenweg 336, 3070 KortenbergManufacture of electrical equipment

since 20232.348.450.865

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24055B0266/00M010 ProtectedTownscape or village viewEnsemble van villa'sSource ↗	Flanders	8,546 m²	1 · 72 m²	15.6 m · 2 fl.
24127A0409/00M000	Flanders	120 m²	1 · 119 m²	10.0 m · 2 fl.