ETS CATALDO
ActiveETS CATALDO has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.06M and a net result of €179k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 30% of 4149 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability48▲+8
Solvency44▲+3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.09 in 2024; short-term debt: 69.9% and cash: 3% of total assets), and 80.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
19.2%
Return on assets
3.3%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.06M
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 10 filingsDeviation from the deadline
2025
26 d late
2024
28 d late
2023
61 d late
2022
49 d late
2021
96 d late
2020
144 d late
2019
111 d late
← before the deadline
after the deadline →
neutral · 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 monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€179k▲ 27.2%
2024 · €141k
2018: €-121k
2019: €-160k
2020: €-241k
2021: €-13k
2022: €133k
2023: €128k
2024: €141k
2018 → 2025
Working capital
€507k▲ 36.7%
2024 · €371k
2018: €394k
2019: €-444k
2020: €166k
2021: €158k
2022: €179k
2023: €293k
2024: €371k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€588k-€609k▲ 3.6%€737k▲ 21.0%€878k▲ 19.1%€1.06M▲ 20.4%
Operating result€21k-€200k▲ 844%€221k▲ 10.5%€195k▼ 11.7%€257k▲ 32.0%
Net result€-13k-€133k€128k▼ 4.0%€141k▲ 10.4%€179k▲ 27.2%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 32% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.50M
Fixed assets
€1.15M▼ 10.3%
Current assets
€4.35M▲ 1.3%
Equity and liabilities €5.50M
Equity
€1.06M▲ 20.4%
Provisions
€126k▼ 13.4%
Debt
€4.31M▼ 5.2%
The debt ratio falls from 81.6% to 78.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€391k▲
2024 · €317k
Cash flow
€313k▲
2024 · €263k
Solvency
19.2%▲
2024 · 15.8%
Current ratio
1.13▲
2024 · 1.09
Quick ratio
0.66▲
2024 · 0.60
Debt / equity
4.08▼
2024 · 5.18
ROE
17.0%▲
2024 · 16.1%
ROA
3.3%▲
2024 · 2.5%
Interest coverage
3.05▲
2024 · 2.21
Debt
€4.31M▼
2024 · €4.55M
Debt ≤ 1 year
€3.84M▼
2024 · €3.92M
Debt > 1 year
€472k▼
2024 · €609k
Income taxes
€95k▲
2024 · €77k
Staff costs
€834k▼
2024 · €881k
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€5.57M€5.50M▼
Fixed assets21/28€1.28M€1.15M▼
Tangible fixed assets22/27€1.27M€1.14M▼
Land and buildings22€1.09M€997k▼
Plant, machinery and equipment23€82k€67k▼
Furniture and vehicles24€60k€44k▼
Leasing and similar rights25€36k€31k▼
Financial fixed assets28€11k€11k=
Current assets29/58€4.29M€4.35M▲
Stocks and contracts in progress3€1.94M€1.80M▼
Stocks30/36€1.94M€1.80M▼
Amounts receivable within one year40/41€1.99M€2.24M▲
Trade receivables40€634k€622k▼
Other amounts receivable41€1.36M€1.62M▲
Cash at bank and in hand54/58€247k€167k▼
Deferred charges and accrued income490/1€114k€137k▲
Equity and liabilities
Total equity and liabilities10/49€5.57M€5.50M▼
Equity10/15€878k€1.06M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€430k€371k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€424k€365k▼
Profit (loss) carried forward14€386k€624k▲
Provisions and deferred taxes16€145k€126k▼
Provisions for liabilities and charges160/5€4k€4k=
Other liabilities and charges164/5€4k€4k=
Deferred taxes168€141k€122k▼
Amounts payable17/49€4.55M€4.31M▼
Amounts payable after more than one year17€609k€472k▼
Financial debts170/4€609k€472k▼
Amounts payable within one year42/48€3.92M€3.84M▼
Current portion of amounts payable after more than one year42€144k€143k▼
Financial debts43€2.31M€2.28M▼
Credit institutions430/8€2.31M€2.28M▼
Trade debts44€884k€936k▲
Suppliers440/4€884k€936k▲
Advances received on contracts in progress46€30k€53k▲
Taxes, remuneration and social security45€521k€374k▼
Taxes450/3€329k€237k▼
Remuneration and social security454/9€192k€137k▼
Other amounts payable47/48€34k€53k▲
Accrued charges and deferred income492/3€21k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€881k€834k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€122k€134k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€286€-15k▼
Other operating charges640/8€115k€81k▼
Non-recurring operating charges66A€895-
Gross operating margin9900€1.31M€1.29M▼
Operating profit (loss)9901€195k€257k▲
Financial income75/76B€146k€126k▼
Recurring financial income75€146k€126k▼
Financial charges65/66B€143k€128k▼
Recurring financial charges65€143k€128k▼
Profit (loss) for the period before taxes9903€198k€255k▲
Transfer from deferred taxes780€20k€20k=
Income taxes67/77€77k€95k▲
Profit (loss) for the period9904€141k€179k▲
Transfer from tax-exempt reserves789€59k€59k=
Profit (loss) for the period to be appropriated9905€200k€238k▲
Appropriation of the result
Profit (loss) to be appropriated9906€386k€624k▲
Profit (loss) brought forward from the previous period14P€186k€386k▲
Social balance
Average headcount (FTE)908719.718.3▼
The notes to these accounts (20 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 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 26 days late
2025
31-12
Financial
Highest result since 2018net €179k ▲27.2%
Operating result €257k, net result €179k, both a record.
31-12
Financial
Equity above €1MEq €1.06M ▲20.4%
4 profitable years in a row build equity to €1.06M.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 61 days late
2023
18-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 49 days late
2022
31-12
Financial
Back to profitnet €133k
Net result €133k after 4 loss-making years.
04-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 96 days late
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 144 days late
2020
31-12
Financial
Weakest financial yearnet €-241k
Net result drops to €-241k, the lowest in the series; recovery starts the following year.
19-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 111 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Liège · 1 establishment unit since 1977
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.
Rue Pré-Binet 164020 LiègeGround area
7,530 m²
Building footprint
58 m²
Volume, LiDAR
313 m³
Parcel 62817B0332/00E002, Wallonia · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Pré-Binet 16, 4020 Liège
since 19772.014.158.775
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62817B0332/00E002 | Wallonia | 7,530 m² | 1 · 58 m² | 7.0 m · 2 fl. |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLiège2.014.158.775
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Of 1,720 companies in sector 47521 we hold annual accounts for 1,288. 933 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-11-1977
Fiscal year end31-12
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
52462
43320Joinery installation
45421
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.