CALYTHE
ActiveSummary
The computed 12-month bankruptcy probability of CALYTHE is 3.4% (moderate). The 2024 annual accounts show equity of €20k and a net result of €3k. Its solvency ranks better than 44% of 36375 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability77▲+1
Solvency66▲+9
Growth78
Track record94
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.25 in 2023; short-term debt: 29% and cash: 24% of total assets), and 58.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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
raises risk · 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
41.3%
Return on assets
6.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-04-2025, 111 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
111 d early
2023
92 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€20k▲ 14.2%
2023 · €17k
Total assets
€48k▼ 11.3%
2023 · €54k
Net result
€3k▲ 4.2%
2023 · €3k
Working capital
€4k▼ 12.6%
2023 · €4k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20232024
Operating result€5k-€8k▲ 77.2%
Net result€3k-€3k▲ 4.2%
Equity€17k-€20k▲ 14.2%
Total assets€54k-€48k▼ 11.3%
Debt€37k-€28k▼ 23.4%
Working capital€4k-€4k▼ 12.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 77% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €48k
Fixed assets
€30k ▼ 5.6%
Current assets
€18k ▼ 19.7%
Equity and liabilities €48k
Equity
€20k ▲ 14.2%
Debt
€28k ▼ 23.4%
Debt's share of the balance-sheet total falls from 68.0% to 58.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€16k▲
2023 · €9k
Cash flow
€10k▲
2023 · €7k
Current ratio
1.27▲
2023 · 1.25
Quick ratio
1.13▼
2023 · 1.13
Debt to equity
1.42▼
2023 · 2.12
ROE
16.5%▼
2023 · 18.1%
ROA
6.8%▲
2023 · 5.8%
Interest coverage
6.14▼
2023 · 16.22
Debt ≤ 1 year
€14k▼
2023 · €18k
Debt > 1 year
€14k▼
2023 · €19k
Income taxes
€3k▲
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €7k | ▲ 75.5% |
| Other operating charges640/8 | €76 | €2k | ▲ 2,221% |
| Gross operating margin9900 | €9k | €17k | ▲ 94.6% |
| Operating profit (loss)9901 | €5k | €8k | ▲ 77.2% |
| Financial income75/76B | €11 | €17 | ▲ 57.9% |
| Recurring financial income75 | €11 | €17 | ▲ 57.9% |
| Financial charges65/66B | €544 | €3k | ▲ 366% |
| Recurring financial charges65 | €544 | €3k | ▲ 366% |
| Profit (loss) for the period before taxes9903 | €4k | €6k | ▲ 40.0% |
| Income taxes67/77 | €1k | €3k | ▲ 142% |
| Profit (loss) for the period9904 | €3k | €3k | ▲ 4.2% |
| Profit (loss) for the period to be appropriated9905 | €3k | €3k | ▲ 4.2% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €54k | €48k | ▼ 11.3% |
| Fixed assets21/28 | €32k | €30k | ▼ 5.6% |
| Intangible fixed assets21 | €28k | €22k | ▼ 21.1% |
| Tangible fixed assets22/27 | €4k | €8k | ▲ 116% |
| Plant, machinery and equipment23 | €4k | €5k | ▲ 39.8% |
| Furniture and vehicles24 | - | €3k | - |
| Current assets29/58 | €22k | €18k | ▼ 19.7% |
| Stocks and contracts in progress3 | €2k | €2k | = |
| Stocks30/36 | €2k | €2k | = |
| Amounts receivable within one year40/41 | €12k | €4k | ▼ 66.6% |
| Trade receivables40 | €11k | €2k | ▼ 80.3% |
| Other amounts receivable41 | €540 | €2k | ▲ 215% |
| Cash at bank and in hand54/58 | €8k | €12k | ▲ 36.2% |
| Deferred charges and accrued income490/1 | - | €350 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €54k | €48k | ▼ 11.3% |
| Equity10/15 | €17k | €20k | ▲ 14.2% |
| Contributions10/11 | €15k | €15k | = |
| Profit (loss) carried forward14 | €2k | €5k | ▲ 106% |
| Amounts payable17/49 | €37k | €28k | ▼ 23.4% |
| Amounts payable after more than one year17 | €19k | €14k | ▼ 25.2% |
| Financial debts170/4 | €19k | €14k | ▼ 25.2% |
| Amounts payable within one year42/48 | €18k | €14k | ▼ 21.5% |
| Current portion of amounts payable after more than one year42 | €5k | €5k | ▲ 6.1% |
| Trade debts44 | €10k | €4k | ▼ 64.7% |
| Suppliers440/4 | €10k | €4k | ▼ 64.7% |
| Taxes, remuneration and social security45 | €2k | €5k | ▲ 96.2% |
| Taxes450/3 | €2k | €5k | ▲ 96.2% |
| Other amounts payable47/48 | €560 | €640 | ▲ 14.3% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €3k | ▲ 4.2% |
| + Depreciation and write-downs630 | €4k | €7k | ▲ 75.5% |
| Operating cash flow (approximation) | €7k | €10k | ▲ 44.5% |
| Investment in fixed assets (approximation) | - | €-5k | - |
| Change in cash | - | €3k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
11-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Ans · 1 establishment unit since 2023
Ground area
176 m²
Building footprint
88 m²
Volume, LiDAR
647 m³
Parcel 62003A0751/00D000, Wallonia · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CALYHE
since 20232.348.409.293
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62003A0751/00D000 | Wallonia | 176 m² | 1 · 88 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
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BE 0780.550.090
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MAXI-VOLT
BE 1012.240.827
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M-CONSTRUCT & DEV
BE 0785.899.839
Estaimpuis · Eq €19,899
Of 9,534 companies in sector 43222 we hold annual accounts for 5,664. 3,503 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-04-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
Scores and ratios are computed by Checked and are not a credit decision.