CALT
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 03-12-2025 PDF all 2 filings
Turnover
≈ €170,000
Estimated: probably between €130,000 and €240,000
Total assets
€164,054▲ 31.1%
2024 · €125,164
Net result
€56,786▼ 1.0%
2024 · €57,354
Working capital
€50,777▲ 34×
2024 · €1,492
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
€77,749
▼ 1.1%
2025
20242025
Net result
€56,786
▼ 1.0%
2025
middle half of the sector
20242025
Equity
€115,940
▲ 90.8%
2025
middle half of the sector
20242025
Total assets
€164,054
▲ 31.1%
2025
lowest quarter of the sector
20242025
Debt
€48,114
▼ 25.3%
2025
20242025
Working capital
€50,777
▲ 34×
2025
middle half of the sector
20242025
Solvency
70.7%
▲ 22.1pp
2025
middle half of the sector
20242025
Current ratio
3.40
▲ 2.36
2025
highest quarter of the sector
20242025
Return on assets (ROA)
34.6%
▼ 11.2pp
2025
highest quarter of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result€78,643-€77,749▼ 1.1%
Net result€57,354within the sector's middle half-€56,786within the sector's middle half▼ 1.0%
Equity€60,754below the sector's middle half-€115,940within the sector's middle half▲ 90.8%
Total assets€125,164below the sector's middle half-€164,054below the sector's middle half▲ 31.1%
Debt€64,410-€48,114▼ 25.3%
Working capital€1,492below the sector's middle half-€50,777within the sector's middle half▲ 34×
Solvency48.5%within the sector's middle half-70.7%within the sector's middle half▲ 22.1pp
Current ratio1.05within the sector's middle half-3.40above the sector's middle half▲ 2.36
Return on assets (ROA)45.8%above the sector's middle half-34.6%above the sector's middle half▼ 11.2pp
above
within
below
The sector band is the middle half of the companies in Legal and accounting activities (NACE 69). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 1% lower than in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €164,054
Fixed assets
€92,163 ▼ 0.6%
Current assets
€71,891 ▲ 122%
Equity and liabilities €164,054
Equity
€115,940 ▲ 90.8%
Debt
€48,114 ▼ 25.3%
Debt's share of the balance-sheet total falls from 51.5% to 29.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€78,348▼
2024 · €79,369
Cash flow
€57,385▼
2024 · €58,080
Debt to equity
0.41▼
2024 · 1.06
ROE
49.0%▼
2024 · 94.4%
Interest coverage
63.46▼
2024 · over 100
Debt ≤ 1 year
€21,114▼
2024 · €30,910
Debt > 1 year
€27,000▼
2024 · €33,500
Income taxes
€19,767▼
2024 · €21,143
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-06-2024 | 30-06-2025 |
|---|---|---|
| Tangible fixed assets | €2,994 | - |
| Financial fixed assets | €90,494 | - |
| Depreciation and write-downs of the year | €726 | €599 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €726 | €599 | ▼ 17.5% |
| Other operating charges640/8 | €2,114 | €1,249 | ▼ 40.9% |
| Gross operating margin9900 | €81,483 | €79,596 | ▼ 2.3% |
| Operating profit (loss)9901 | €78,643 | €77,749 | ▼ 1.1% |
| Financial income75/76B | - | €39 | - |
| Recurring financial income75 | - | €39 | - |
| Financial charges65/66B | €146 | €1,235 | ▲ 746% |
| Recurring financial charges65 | €146 | €1,235 | ▲ 746% |
| Profit (loss) for the period before taxes9903 | €78,497 | €76,553 | ▼ 2.5% |
| Income taxes67/77 | €21,143 | €19,767 | ▼ 6.5% |
| Profit (loss) for the period9904 | €57,354 | €56,786 | ▼ 1.0% |
| Profit (loss) for the period to be appropriated9905 | €57,354 | €56,786 | ▼ 1.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €125,164 | €164,054 | ▲ 31.1% |
| Fixed assets21/28 | €92,762 | €92,163 | ▼ 0.6% |
| Tangible fixed assets22/27 | €2,268 | €1,669 | ▼ 26.4% |
| Furniture and vehicles24 | €2,268 | €1,669 | ▼ 26.4% |
| Financial fixed assets28 | €90,494 | €90,494 | = |
| Current assets29/58 | €32,402 | €71,891 | ▲ 122% |
| Amounts receivable within one year40/41 | - | €13,345 | - |
| Trade receivables40 | - | €12,100 | - |
| Other amounts receivable41 | - | €1,245 | - |
| Cash at bank and in hand54/58 | €32,054 | €57,113 | ▲ 78.2% |
| Deferred charges and accrued income490/1 | €348 | €1,434 | ▲ 312% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €125,164 | €164,054 | ▲ 31.1% |
| Equity10/15 | €60,754 | €115,940 | ▲ 90.8% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Reserves13 | €55,754 | €110,940 | ▲ 99.0% |
| Distributable reserves133 | €55,754 | €110,940 | ▲ 99.0% |
| Profit (loss) carried forward14 | €0 | €0 | - |
| Amounts payable17/49 | €64,410 | €48,114 | ▼ 25.3% |
| Amounts payable after more than one year17 | €33,500 | €27,000 | ▼ 19.4% |
| Financial debts170/4 | €33,500 | €27,000 | ▼ 19.4% |
| Amounts payable within one year42/48 | €30,910 | €21,114 | ▼ 31.7% |
| Current portion of amounts payable after more than one year42 | €6,500 | €6,500 | = |
| Trade debts44 | €632 | €577 | ▼ 8.7% |
| Suppliers440/4 | €632 | €577 | ▼ 8.7% |
| Taxes, remuneration and social security45 | €10,635 | €6,020 | ▼ 43.4% |
| Taxes450/3 | €10,635 | €6,020 | ▼ 43.4% |
| Other amounts payable47/48 | €13,143 | €8,018 | ▼ 39.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €57,354 | €56,786 | ▼ 1.0% |
| + Depreciation and write-downs630 | €726 | €599 | ▼ 17.5% |
| Operating cash flow (approximation) | €58,080 | €57,385 | ▼ 1.2% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €25,059 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.