KALLIMA
ActiveSummary
KALLIMA has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.0m and a net result of €1.2m. Equity is growing by ~72.6% per year across the filed fiscal years. Its solvency ranks better than 62% of 2293 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability37▼-15
Solvency81▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €470,000 at 30 days acceptable
Liquidity ample (current ratio 2.39 against 2.01 in 2024; short-term debt: 25.9% and cash: 1.1% of total assets), and 43.6% of the assets are financed with debt.
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Signals
Five 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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
56.4%
Return on assets
8.5%
Age of the figures
9 mo
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 27-07-2026, 4 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
4 d early
2024
15 d early
2023
1 d early
2022
7 d late
2021
30 d late
2020
74 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 15 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#1 company by total assets in Chaudfontaine, Administrative and support services sector#1 company by equity in Chaudfontaine, Administrative and support services sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.2m▼ 43.1%
2024 · €2.1m
Working capital
€5.1m▲ 15.8%
2024 · €4.4m
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
Line20212022202320242025
Operating result€9,776€32,688▲ 234%€2,539▼ 92.2%€139,104▲ 5,378%€102,486▼ 26.3%
Net result€6,724-€5,041€4.7m€2.1m▼ 54.3%€1.2m▼ 43.1%
Equity€11,517▲ 140%€6,476▼ 43.8%€4.7m▲ 71,823%€6.8m▲ 45.7%€8.0m▲ 17.8%
Total assets€1.6m▲ 12.7%€4.0m▲ 151%€8.6m▲ 116%€14.2m▲ 65.0%€14.2m=
Debt€1.6m▲ 12.3%€4.0m▲ 152%€3.9m▼ 1.0%€7.4m▲ 88.0%€6.2m▼ 16.3%
Working capital-€19,785▲ 23.2%-€296,477▼ 1,399%€4.9m€4.4m▼ 9.8%€5.1m▲ 15.8%
Staff (FTE)1▲ 900%1=1.5▲ 50.0%1.6▲ 6.7%2.4▲ 50.0%
Why a figure moved sharply
- 2024 Net result -54%, Total assets +65% on 2023. Cause not known from the registers.
- 2023 Equity +71,823%, Total assets +116% on 2022. Cause not known from the registers.
- 2022 Total assets +151% on 2021. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14.2m
Fixed assets
€5.4m ▲ 0.1%
Current assets
€8.8m =
Equity and liabilities €14.2m
Equity
€8.0m ▲ 17.8%
Debt
€6.2m ▼ 16.3%
Debt's share of the balance-sheet total falls from 52.1% to 43.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€120,697▼
2024 · €148,254
Cash flow
€1.2m▼
2024 · €2.1m
Current ratio
2.39▲
2024 · 2.01
Debt to equity
0.77▼
2024 · 1.09
ROE
15.1%▼
2024 · 31.4%
ROA
8.5%▼
2024 · 15.0%
Interest coverage
0.88▼
2024 · 1.77
Debt ≤ 1 year
€3.7m▼
2024 · €4.4m
Debt > 1 year
€2.5m▼
2024 · €3.0m
Income taxes
€15,892▼
2024 · €36,067
Staff costs
€240,505▲
2024 · €160,935
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,964 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €0 | - |
| Remuneration, social security and pensions62 | €35,623 | €91,178 | €74,704 | €160,935 | €240,505 | ▲ 49.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,188 | €9,953 | €10,271 | €9,150 | €18,210 | ▲ 99.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €78,403 | -€50,000 | - | - |
| Other operating charges640/8 | €2,893 | €3,023 | €3,649 | €3,872 | €2,849 | ▼ 26.4% |
| Non-recurring operating charges66A | €0 | - | - | - | - | - |
| Gross operating margin9900 | €54,480 | €136,841 | €169,566 | €263,061 | €364,051 | ▲ 38.4% |
| Operating profit (loss)9901 | €9,776 | €32,688 | €2,539 | €139,104 | €102,486 | ▼ 26.3% |
| Financial income75/76B | €2 | €0 | €5.0m | €2.1m | €1.3m | ▼ 40.2% |
| Recurring financial income75 | €2 | €0 | €5.0m | €2.1m | €960,252 | ▼ 54.5% |
| Non-recurring financial income76B | - | - | - | - | €300,000 | - |
| Financial charges65/66B | €2,766 | €37,444 | €350,968 | €83,789 | €136,620 | ▲ 63.1% |
| Recurring financial charges65 | €2,766 | €37,444 | €350,968 | €83,789 | €136,620 | ▲ 63.1% |
| Profit (loss) for the period before taxes9903 | €7,013 | -€4,756 | €4.7m | €2.2m | €1.2m | ▼ 43.3% |
| Income taxes67/77 | €289 | €285 | €459 | €36,067 | €15,892 | ▼ 55.9% |
| Profit (loss) for the period9904 | €6,724 | -€5,041 | €4.7m | €2.1m | €1.2m | ▼ 43.1% |
| Profit (loss) for the period to be appropriated9905 | €6,724 | -€5,041 | €4.7m | €2.1m | €1.2m | ▼ 43.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €4.0m | €8.6m | €14.2m | €14.2m | = |
| Fixed assets21/28 | €1.4m | €3.2m | €2.9m | €5.4m | €5.4m | ▲ 0.1% |
| Intangible fixed assets21 | - | - | - | €5,794 | €4,554 | ▼ 21.4% |
| Tangible fixed assets22/27 | €28,530 | €23,613 | €14,440 | €19,608 | €26,320 | ▲ 34.2% |
| Plant, machinery and equipment23 | - | - | - | - | €2,101 | - |
| Furniture and vehicles24 | €28,530 | €23,613 | €14,440 | €19,608 | €24,219 | ▲ 23.5% |
| Financial fixed assets28 | €1.4m | €3.2m | €2.9m | €5.4m | €5.4m | = |
| Current assets29/58 | €160,701 | €781,261 | €5.7m | €8.8m | €8.8m | = |
| Stocks and contracts in progress3 | €10,000 | €0 | - | - | - | - |
| Contracts in progress37 | €10,000 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €140,248 | €773,124 | €1.9m | €8.3m | €8.6m | ▲ 3.3% |
| Trade receivables40 | €61,898 | €101,124 | €224,400 | €198,549 | €50,208 | ▼ 74.7% |
| Other amounts receivable41 | €78,350 | €672,000 | €1.7m | €8.1m | €8.6m | ▲ 5.2% |
| Current investments50/53 | - | - | - | €81,825 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €1,715 | €3,902 | €3.8m | €358,837 | €158,717 | ▼ 55.8% |
| Deferred charges and accrued income490/1 | €8,738 | €4,235 | €5,839 | €2,610 | €11,244 | ▲ 331% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €4.0m | €8.6m | €14.2m | €14.2m | = |
| Equity10/15 | €11,517 | €6,476 | €4.7m | €6.8m | €8.0m | ▲ 17.8% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | - | - | €4.6m | €6.6m | €6.6m | = |
| Distributable reserves133 | - | - | €4.6m | €6.6m | €6.6m | = |
| Profit (loss) carried forward14 | €1,517 | -€3,524 | €47,625 | €175,086 | €1.4m | ▲ 691% |
| Amounts payable17/49 | €1.6m | €4.0m | €3.9m | €7.4m | €6.2m | ▼ 16.3% |
| Amounts payable after more than one year17 | €1.4m | €2.9m | €3.1m | €3.0m | €2.5m | ▼ 16.8% |
| Financial debts170/4 | €1.4m | €2.9m | €3.1m | €3.0m | €2.5m | ▼ 16.8% |
| Other amounts payable178/9 | €30,208 | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €180,486 | €1.1m | €805,423 | €4.4m | €3.7m | ▼ 16.0% |
| Current portion of amounts payable after more than one year42 | - | €100,958 | €102,910 | €104,899 | €106,927 | ▲ 1.9% |
| Financial debts43 | €125,000 | €250,000 | €0 | - | €400,000 | - |
| Credit institutions430/8 | €125,000 | €250,000 | €0 | - | €400,000 | - |
| Trade debts44 | €24,736 | €14,068 | €17,879 | €46,714 | €160,288 | ▲ 243% |
| Suppliers440/4 | €24,736 | €14,068 | €17,879 | €46,714 | €160,288 | ▲ 243% |
| Taxes, remuneration and social security45 | €11,943 | €37,728 | €19,910 | €57,630 | €72,310 | ▲ 25.5% |
| Taxes450/3 | €3,136 | €21,332 | €8,119 | €36,529 | €38,044 | ▲ 4.1% |
| Remuneration and social security454/9 | €8,807 | €16,395 | €11,791 | €21,101 | €34,266 | ▲ 62.4% |
| Other amounts payable47/48 | €18,807 | €674,985 | €664,725 | €4.2m | €2.9m | ▼ 29.6% |
| Accrued charges and deferred income492/3 | - | €0 | - | - | €511 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,724 | -€5,041 | €4.7m | €2.1m | €1.2m | ▼ 43.1% |
| + Depreciation and write-downs630 | €6,188 | €9,953 | €10,271 | €9,150 | €18,210 | ▲ 99.0% |
| Operating cash flow (approximation) | €12,911 | €4,911 | €4.7m | €2.1m | €1.2m | ▼ 42.5% |
| Investment in fixed assets (approximation) | - | -€1.8m | €293,902 | -€2.5m | -€23,888 | ▲ 99.0% |
| Change in cash | - | €2,187 | €3.8m | -€3.4m | -€200,121 | ▲ 94.1% |
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
Next filing, fiscal year 2026, expected by
2026
21-09
State Gazette act
General meeting · Director reappointment
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €5mEq €6.8m ▲45.7%
2 profitable years in a row build equity to €6.8m.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €4.7m
Net result €4.7m after one loss-making year.
31-12
Financial
Liquidity times 10current ratio 7.07
Current ratio from 0.72 to 7.07; short-term debt falls from €1.1m to €805,423.
31-12
Financial
Equity above €2mEq €4.7m ▲71,823%
Equity rises from €6,476 to €4.7m.
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 7 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
31-12
Financial
Back to profitnet €6,724
Net result €6,724 after one loss-making year.
13-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 74 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Chaudfontaine · 1 establishment unit since 2020
Ground area
2,804 m²
Building footprint
565 m²
Volume, LiDAR
3,611 m³
Parcel 62022E0369/00C007, Wallonia · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
29
companies at this address
See who is registered here
1 establishment unit
KALLIMA
since 20202.307.994.838
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62022E0369/00C007 | Wallonia | 2,804 m² | 1 · 565 m² | 11.3 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.
Structure & network
Owners and holdings
14 holdings · 9 subsidiaries in the treeOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 14
-
100%
-
100%
-
100%
-
100%
-
100%
-
80%
-
67%
-
50%
-
50%
-
50%
Show 4 more holdings
-
50%
-
50%
-
33%
-
30%
All subsidiaries, including indirect ones 9
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- IMMOBILIERE BARON DE COPIS 100%
- INVESTIX 100%
- RIVAGE 100%
- STATION 94 100%
- THRIVEGLOW - UNIPESSOAL LDAPT 100%
Kallima Energies 80%2 subsidiaries
- Gramme Storage 1 100%
- Gramme Storage 2 100%
- InPatrimonia 67%
According to the 2025 annual accounts of KALLIMA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
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Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
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Of 24,517 companies in sector 82990 we hold annual accounts for 9,415. 1,347 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
Founded03-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
82990Other business support services
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0753663472
Also
9925:BE0753663472
Registered
30-09-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.