Caluwé Artisan
ActiveCaluwé Artisan has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €897k and a net result of €46k. Its solvency ranks better than 51% of 122 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2026
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability63▲+7
Solvency74▼-1
Growth52
Track record94
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity tight (current ratio 1.08 against 1.18 in 2025; short-term debt: 51.1% and cash: 0.1% of total assets), and 51.4% 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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
48.6%
Return on assets
2.5%
Age of the figures
6 mo
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 →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 17-07-2026, 106 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2026
106 d early
2025
121 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€46k▼ 10.8%
2025 · €51k
2025: €51k
2025 → 2026
Working capital
€80k▼ 47.6%
2025 · €152k
2025: €152k
2025 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20252026Trend
Equity€851k-€897k▲ 5.4%
Operating result€163k-€112k▼ 31.3%
Net result€51k-€46k▼ 10.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2026; 2026 is 31% below 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €1.85M
Fixed assets
€823k▲ 16.0%
Current assets
€1.02M▲ 4.7%
Equity and liabilities €1.85M
Equity
€897k▲ 5.4%
Provisions
€0▼ 100%
Debt
€949k▲ 14.0%
The debt ratio rises from 49.3% to 51.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€222k▼
2025 · €320k
Cash flow
€156k▼
2025 · €208k
Solvency
48.6%▼
2025 · 50.5%
Current ratio
1.08▼
2025 · 1.18
Quick ratio
0.38▼
2025 · 0.43
Debt / equity
1.06▲
2025 · 0.98
ROE
5.1%▼
2025 · 6.0%
ROA
2.5%▼
2025 · 3.0%
Interest coverage
4.92▲
2025 · 4.03
Debt
€949k▲
2025 · €832k
Debt ≤ 1 year
€943k▲
2025 · €825k
Income taxes
€25k▼
2025 · €34k
Staff costs
€1.77M▼
2025 · €2.58M
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 · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€1.69M€1.85M▲
Fixed assets21/28€709k€823k▲
Intangible fixed assets21€792€7k▲
Tangible fixed assets22/27€707k€814k▲
Plant, machinery and equipment23€682k€761k▲
Furniture and vehicles24€25k€34k▲
Other tangible fixed assets26-€14k
Assets under construction and advance payments27-€4k
Financial fixed assets28€1k€1k=
Current assets29/58€977k€1.02M▲
Stocks and contracts in progress3€624k€664k▲
Stocks30/36€624k€664k▲
Amounts receivable within one year40/41€325k€339k▲
Trade receivables40€275k€284k▲
Other amounts receivable41€50k€55k▲
Cash at bank and in hand54/58€12k€2k▼
Deferred charges and accrued income490/1€16k€17k▲
Equity and liabilities
Total equity and liabilities10/49€1.69M€1.85M▲
Equity10/15€851k€897k▲
Contributions10/11€800k€800k=
Capital10€800k€800k=
Issued capital100€800k€800k=
Reserves13€4k€8k▲
Non-distributable reserves130/1€4k€8k▲
Legal reserve130€4k€8k▲
Profit (loss) carried forward14€47k€89k▲
Provisions and deferred taxes16€3k€0▼
Provisions for liabilities and charges160/5€3k€0▼
Pensions and similar obligations160€3k€0▼
Amounts payable17/49€832k€949k▲
Amounts payable within one year42/48€825k€943k▲
Financial debts43€148k€94k▼
Credit institutions430/8€148k€94k▼
Trade debts44€373k€510k▲
Suppliers440/4€373k€510k▲
Taxes, remuneration and social security45€302k€333k▲
Taxes450/3€42k€11k▼
Remuneration and social security454/9€260k€322k▲
Other amounts payable47/48€3k€6k▲
Accrued charges and deferred income492/3€7k€5k▼
Income statement
Code20252026
Remuneration, social security and pensions62€2.58M€1.77M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€157k€110k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€3k€-3k▼
Other operating charges640/8€46k€27k▼
Non-recurring operating charges66A€217k€150k▼
Gross operating margin9900€3.17M€2.17M▼
Operating profit (loss)9901€163k€112k▼
Financial income75/76B€1k€3k▲
Recurring financial income75€1k€3k▲
Financial charges65/66B€80k€45k▼
Recurring financial charges65€80k€45k▼
Profit (loss) for the period before taxes9903€85k€70k▼
Income taxes67/77€34k€25k▼
Profit (loss) for the period9904€51k€46k▼
Profit (loss) for the period to be appropriated9905€51k€46k▼
Appropriation of the result
Profit (loss) to be appropriated9906€51k€93k▲
Profit (loss) brought forward from the previous period14P-€47k
Transfer to equity691/2€4k€4k=
To the legal reserve6920€4k€4k=
Social balance
Average headcount (FTE)908726.632.3▲
The notes to these accounts (21 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 2027, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2026 · full schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing
Directors · office · real estate
Directors
3 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, Wommelgem · 1 establishment unit since 2023
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.
Herentalsebaan 5162160 WommelgemGround area
4,216 m²
Building footprint
2,645 m²
Parcel 11052C0523/00S004, Flanders. Linked by address, not a title deed.
1 establishment unit
Caluwé Artisan
since 20232.344.566.709
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052C0523/00S004 | Flanders | 4,216 m² | 1 · 2,645 m² | - |
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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 165 EUR awarded · 80 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 165 EUR | 80 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteWommelgem2.344.566.709
Legal Entity Identifier
549300AJLUU7NS24O442
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Of 452 companies in sector 46360 we hold annual accounts for 286. 172 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-04-2023
Fiscal year end31-03
Activities, NACEBEL
10820Manufacture of cocoa, chocolate and sugar confectionery
46360Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.caluweartisan.com
E-mail:directie@cdchocolates.com