Equity
-€20,356
Debts exceed assets in financial year 2025.
CalTech
Overview
Lifetime
2 annual accounts with figures on one time axispeak -€455 (2025)
-€455▲ €11,852
lowest -€27,545 (2024)
-€12,810▲ €14,735
peak -€7,545 (2024)
-€20,356▼ €12,810
€76,855▼ 1.2%
Board1 name since 2023
1 directorVAN CALSTER, Johan
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from -€12,307 to -€455Loss of €12,810Equity from -€7,545 to -€20,356
Key points
from the 2025 annual accountsLosses
-€40,356 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Debts
€76,855 136% of the balance sheet
Financial debts 19%Suppliers 0%Other 81%
Of this, €62,256 falls due within a year.
Turnover not published (micro format)
Checked score
52
Fair
Financially stronger than 7% of micro companies in computer and electronic products (NACE 26)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 447 companies (NACE 26, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%lowest value
01-2025: 0.6%▲ +0.1 percentage points vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.7%▲ +0.1 percentage points vs 03-2025
05-2025: 0.6%▼ -0.1 percentage points vs 04-2025
06-2025: 0.7%▲ +0.1 percentage points vs 05-2025
07-2025: 0.7%● unchanged vs 06-2025
08-2025: 0.8%▲ +0.1 percentage points vs 07-2025
09-2025: 0.8%● unchanged vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026
08-2026: 1.0%▲ +0.2 percentage points vs 07-2026
09-2026: 1.2%▲ +0.2 percentage points vs 08-2026highest value
10-2026: 0.9%▼ -0.3 percentage points vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€20,356
Liquidity: current ratio 0.26, cash €1,887
lowers risk
Sector: Manufacture of computer, electronic and optical products (NACE 26)
Size: total assets €56,499
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 26, micro). It does better than 7% of them on solvency, 7% on liquidity, 10% on profitability and 4% 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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 7,639 companies had the same profile as CalTech has now. Each dot stands for 20 companies, two years later.
84.7%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CalTech itself is lower: 0.9% within 12 months. It rests on far more data about CalTech than the profile alone.
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.
| 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 7,639 companies, not a prediction for CalTech. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.26 (0.37 in 2024), below 1. Short-term debt is 110.2% and cash 3.3% of total assets. Equity is negative.
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
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€20,356
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
31 days early
2024
30 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 31 days before the deadline. In the sector (NACE 26), the median for financial year 2024 was 8 days before the deadline, and 34% 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.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0803960150
Incorporation
Founding capital of €20,000, 120 shares · Founder: VAN CALSTER, Johan · Appointment: VAN CALSTER, Johan (director) · published on 18-07-2023 · Gazette deed
First establishment
Cal-Tech, Nachtegaallaan 21, Lokeren
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CalTech Lokeren | €56,499 | -€455 | -36.0% | - |
| BELGIAN ELECTRONIC RESEARCH Liège | €42,859 | €3,553 | 49.2% | - |
| Dulouca Oud-Heverlee | €145,588 | €9,971 | 8.0% | - |
| VANBE Montigny-le-Tilleul | €70,906 | €63,924 | 7.1% | - |
| PS ELECTRONIQUE Tournai | €136,830 | €141,698 | -11.3% | - |
| Adverto Roeselare | €441,407 | €317,390 | 57.6% | - |
| G.M. ELECTRONICS Wavre | €390,227 | €150,567 | 69.1% | - |
These companies have the same main activity as CalTech: manufacture of computer, electronic and optical products (NACE 26120). They are comparable in size and age: total assets between €42,900 and €441,000, founded between 1985 and 2024.
Official details
Source: KBO- Status
- Active since 14-07-2023Normal situation
- Activity
- Manufacture of computer, electronic and optical productsNACE 26120and 6 others
- Establishment unit
- 2.347.205.8029160 Lokeren, since 14-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 03-06-2025
Annual accounts 2025
- -€455▲ 96.3%
- €12,810▼ 53.5%
- -€20,356▼ 170%
- €56,499▼ 19.6%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on CalTech
CalTech has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€20,356) and a net result of -€12,810.
Its solvency ranks better than 14% of 251 sector peers (NACE 26, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 30-06-2026, 31 days before the deadline-€455
▲ €11,852
-€9,995
▲ €14,944
-€12,810
▲ €14,735
-€45,851
▼ €10,669
-36.0%
▼ 25.3 percentage points
0.26
▼ 0.11
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €56,499 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-36.0%
Higher than 14% of 251 companies in 2025.
0.26
Higher than 5% of 237 companies in 2025.
-22.7%
Higher than 16% of 240 companies in 2025.
CalTech
Middle half of the sector
80% of the sector
Micro accounts in computer and electronic products (NACE 26)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
56,499 | 70,280 | |
21/28 |
40,094 | 49,247 | |
22/27 |
40,094 | 49,247 | |
23 |
3,238 | 4,233 | |
24 |
36,856 | 45,014 | |
29/58 |
16,405 | 21,033 | |
3 |
4,375 | 452 | |
30/36 |
4,375 | 452 | |
40/41 |
8,841 | 11,735 | |
40 |
3,012 | 6,525 | |
41 |
5,829 | 5,210 | |
54/58 |
1,887 | 1,875 | |
490/1 |
1,303 | 6,972 | |
| Balance sheet: equity and liabilities | |||
10/49 |
56,499 | 70,280 | |
10/15 |
-20,356 | -7,545 | |
10/11 |
20,000 | 20,000 | |
14 |
-40,356 | -27,545 | |
17/49 |
76,855 | 77,826 | |
17 |
14,599 | 21,610 | |
170/4 |
14,599 | 21,610 | |
42/48 |
62,256 | 56,215 | |
42 |
7,011 | 6,626 | |
44 |
299 | 4,162 | |
440/4 |
299 | 4,162 | |
47/48 |
54,945 | 45,428 | |
| Income statement | |||
9900 |
-455 | -12,307 | |
62 |
0 | 2,240 | |
630 |
9,153 | 10,264 | |
640/8 |
387 | 128 | |
9901 |
-9,995 | -24,939 | |
75/76B |
95 | 99 | |
75 |
95 | 99 | |
65/66B |
2,766 | 2,539 | |
65 |
2,766 | 2,539 | |
9903 |
-12,667 | -27,380 | |
67/77 |
144 | 166 | |
9904 |
-12,810 | -27,545 | |
9905 |
-12,810 | -27,545 | |
| Appropriation of the result | |||
9906 |
-40,356 | -27,545 | |
14P |
-27,545 | - | |
| Document | |||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| -842 | -14,675 | ||
| -3,658 | -17,281 | ||
| 0 | 59,511 | ||
| 12 | - | ||
| -45,851 | -35,182 | ||
| -36.0% | -10.7% | ||
| 0.26 | 0.37 | ||
| 0.19 | 0.37 | ||
| -22.7% | -39.2% | ||
| -0.30 | -5.78 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | - | €59,511 |
| Financial fixed assets | €0 | - |
| €9,153 | €10,264 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on CalTech
The operating result for 2025 is a loss of €9,995, smaller than the loss of €24,939 in 2024.
Equity is negative. Debt (€76,855) exceeds the balance-sheet total (€56,499).
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 14-07-2023
term for the life of the company
listed in the 2025 annual accounts, filed on 30-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “De bestuurders kunnen de uitoefening van een deel van hun bevoegdheid ten titel van bijzondere volmacht opdragen aan een derde aangestelde…”deed of 18-07-2023
Mandates through the years
1 name, the dashed line is todayVAN CALSTER, Johan
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- VAN CALSTER, Johan
- Director (not named in the articles), from 14-07-2023 to date
Control
Capital
- Contribution
- €20,000
- Shares
- 120
- Contribution per share
- €167
- Equity per share
- -€170 in 2025
- Source
- deed of 18-07-2023
Articles of association
deed of 18-07-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director“Voor de duur van de vennootschap, tenzij de algemene vergadering anders besluit”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Saturday of June at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Shareholders
At incorporation
deed of 18-07-2023 ↗
- VAN CALSTER, Johan 120 shares (100%) · €20,000 in cash
Network & group
No group
CalTech has no parent and no holdings in its annual accounts. VAN CALSTER, Johan is the only director. CalTech shares no director with another company.
Timeline
Timeline
5 events since 2023Filings
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 31 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 30 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0803960150
2023
IncorporationFounding capital of €20,000, 120 shares · Founder: VAN CALSTER, Johan · Appointment: VAN CALSTER, Johan (director) · published on 18-07-20234 points ▸
- Founder, VAN CALSTER, Johan
- Founding capital, €20,000, 120 shares
- Registered office clause, Nachtegaallaan 21, 9160 Lokeren
- Director appointment, VAN CALSTER, Johan (director (not named in the articles))
- The deed holds 2 more points.
First establishment Cal-Tech, Nachtegaallaan 21, Lokeren
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 14 July 2023, CalTech was incorporated as a private limited company by one natural person, with a starting capital of €20,000.12 VAN CALSTER, Johan has served as director since 2023.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 0803.960.150
- VAT number
- BE 0803.960.150
- Peppol ID
- 0208:0803960150
- Other Peppol ID
- 9925:BE0803960150
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 14-07-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Saturday of June at 18:00deed of 18-07-2023 (in Dutch)
- Peppol
- Reachable since 03-06-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CalTech in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 18-07-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Nachtegaallaan 21, 9160 Lokeren”deed of 18-07-2023 (in Dutch)
Activities
NACEBEL 202526120
Manufacture of computer, electronic and optical products main activity
42211
Civil engineering
Codes under NACEBEL 2008
26120
Manufacture of computer, electronic and optical products main activity
26200
Manufacture of computer, electronic and optical products
27200
Manufacture of electrical equipment
33200
Installation of industrial machinery and equipment
42211
Civil engineering
47410
Retail trade
63110
Computing infrastructure, data processing, hosting and other information service activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen…”deed of 18-07-2023 (in Dutch)
23 activities
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden, het aankopen, verkopen, ruilen, bouwen, verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren en uitbaten van onroerende goederen;
- De aan- en verkoop, huur en verhuur van roerende goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen, alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen;
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend patrimonium, alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals het verwerven door inschrijving of aankoop en het beheren van aandelen, obligaties, kasbons of andere roerende waarden, van welke vorm ook, van Belgische of buitenlandse, bestaande of nog op te richten rechtspersonen en ondernemingen.
- De vennootschap mag alle verrichtingen stellen van commerciële, industriële, onroerende, roerende of financiële aard die rechtstreeks of onrechtstreeks met haar voorwerp verwant of verknocht zijn of de verwezenlijking ervan kunnen bevorderen.
- De vennootschap mag betrokken zijn bij wijze van inbreng, samensmelting, inschrijving of op elke andere wijze, in de ondernemingen, verenigingen of vennootschappen, die een gelijkaardig, soortgelijk of samenhangend voorwerp hebben of die nuttig zijn voor de verwezenlijking van het geheel of een gedeelte van haar voorwerp.
- Bovenvermelde opsomming is niet beperkend, zodat de vennootschap alle handelingen kan stellen, die op welke wijze ook kunnen bijdragen tot de verwezenlijking van haar voorwerp.
- De vennootschap mag haar voorwerp verwezenlijken zowel in België als in het buitenland, op alle wijzen en manieren, die zij het best geschikt zou achten.
- Deze opsomming en aanduiding is niet beperkend doch enkel van aanwijzende aard.
- Vervaardiging van producten van kunststof
- Vervaardiging van elektronische printplaten
- Vervaardiging van computers en randapparatuur
- Vervaardiging van consumentenelektronica
- Vervaardiging van batterijen en accumulatoren
- Vervaardiging van andere elektrische apparatuur
- Reparatie van elektrische apparatuur
- Installatie van industriële machines toestellen en werktuigen
- Elektrische installatie
- Detailhandel in ICT-apparatuur in gespecialiseerde winkels
- Kampeerterreinen en kampeerauto- en caravanterreinen
- Gegevensverwerking, webhosting en aanverwante activiteiten
- Vervaardiging van kunststofartikelen voor de bouw
- Vervaardiging van elektronische printplaten
- Vervaardiging van bestralingsapparatuur en van elektromedische en elektrotherapeutische apparatuur
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Cal-Tech registered office Nachtegaallaan 21, 9160 Lokeren | 14-07-2023 | 2.347.205.802 |
Buildings and parcels at the address
- Ground area
- 387 m²
- Buildings
- 86 m²
- Volume, LiDAR
- 522 m³
- Tallest building
- 7.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 46014A0977/00K000 | 387 m² | 1 · 86 m² | 7.5 m · 2 |
Recognitions
Recognised contractor
2 categoriesCalTech BVapproval number 44215
- C2 Water supply and laying all kinds of pipesclass 1, up to €162,000
- P1 Electrical installations in buildings, with fire and burglar alarms and telecomsclass 1, up to €162,000
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0803.960.150