Kalumat
ActiveKalumat has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €497k and a net result of €136k. Equity is growing by ~33.6% per year across the filed fiscal years. Its solvency ranks better than 62% of 7426 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
100
/ 100
Excellent▲ +14 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency97▲+8
Growth78=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 2.95 against 2.25 in 2023), and 46.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
53.7%
Return on assets
14.7%
Age of the figures
20 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 10-06-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
6 d late
2022
39 d early
2021
38 d early
2020
46 d early
2019
37 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€497k▲ 30.9%
2023 · €380k
2018: €96k
2019: €102k
2020: €116k
2021: €149k
2022: €278k
2023: €380k
2018 → 2024
Total assets
€925k▲ 8.8%
2023 · €850k
2018: €744k
2019: €612k
2020: €652k
2021: €661k
2022: €925k
2023: €850k
2018 → 2024
Net result
€136k▲ 33.8%
2023 · €102k
2018: €15k
2019: €5k
2020: €14k
2021: €33k
2022: €129k
2023: €102k
2018 → 2024
Working capital
€431k▲ 42.1%
2023 · €303k
2018: €41k
2019: €51k
2020: €66k
2021: €102k
2022: €253k
2023: €303k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€116k-€149k▲ 28.3%€278k▲ 86.8%€380k▲ 36.5%€497k▲ 30.9%
Operating result€29k-€55k▲ 90.0%€195k▲ 257%€143k▼ 26.6%€213k▲ 48.8%
Net result€14k-€33k▲ 128%€129k▲ 293%€102k▼ 21.5%€136k▲ 33.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 49% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €925k
Fixed assets
€273k▼ 10.4%
Current assets
€652k▲ 19.5%
Equity and liabilities €925k
Equity
€497k▲ 30.9%
Debt
€428k▼ 9.0%
The debt ratio falls from 55.3% to 46.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€244k▲
2023 · €190k
Cash flow
€168k▲
2023 · €148k
Solvency
53.7%▲
2023 · 44.7%
Current ratio
2.95▲
2023 · 2.25
Quick ratio
2.95▲
2023 · 2.25
Debt / equity
0.86▼
2023 · 1.24
ROE
27.3%▲
2023 · 26.7%
ROA
14.7%▲
2023 · 11.9%
Interest coverage
12.15▼
2023 · 12.80
Debt
€428k▼
2023 · €471k
Debt ≤ 1 year
€221k▼
2023 · €243k
Debt > 1 year
€189k▼
2023 · €228k
Income taxes
€57k▲
2023 · €41k
Staff costs
€100k▼
2023 · €110k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€850k€925k▲
Fixed assets21/28€305k€273k▼
Tangible fixed assets22/27€305k€273k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€74k€60k▼
Other tangible fixed assets26€229k€212k▼
Current assets29/58€546k€652k▲
Amounts receivable after more than one year29€412€412=
Other amounts receivable291€412€412=
Amounts receivable within one year40/41€342k€162k▼
Trade receivables40€279k€119k▼
Other amounts receivable41€63k€43k▼
Cash at bank and in hand54/58€203k€461k▲
Deferred charges and accrued income490/1-€29k
Equity and liabilities
Total equity and liabilities10/49€850k€925k▲
Equity10/15€380k€497k▲
Contributions10/11€19k€2k▼
Reserves13€361k€495k▲
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€359k€495k▲
Amounts payable17/49€471k€428k▼
Amounts payable after more than one year17€228k€189k▼
Financial debts170/4€226k€189k▼
Other amounts payable178/9€2k-
Amounts payable within one year42/48€243k€221k▼
Current portion of amounts payable after more than one year42€37k€38k▲
Trade debts44€195k€181k▼
Suppliers440/4€195k€181k▼
Taxes, remuneration and social security45€10k€3k▼
Taxes450/3€7k-
Remuneration and social security454/9€3k€3k▼
Accrued charges and deferred income492/3-€18k
Income statement
Code20232024
Remuneration, social security and pensions62€110k€100k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€32k▼
Other operating charges640/8€4k€3k▼
Non-recurring operating charges66A€5k-
Gross operating margin9900€308k€348k▲
Operating profit (loss)9901€143k€213k▲
Financial income75/76B€15k-
Recurring financial income75€4k-
Non-recurring financial income76B€11k-
Financial charges65/66B€15k€20k▲
Recurring financial charges65€15k€20k▲
Profit (loss) for the period before taxes9903€143k€192k▲
Income taxes67/77€41k€57k▲
Profit (loss) for the period9904€102k€136k▲
Profit (loss) for the period to be appropriated9905€102k€136k▲
Appropriation of the result
Profit (loss) to be appropriated9906€102k€136k▲
Transfer from equity791/2-€6k
Transfer to equity691/2€102k€142k▲
To contributions691-€2k
To other reserves6921€102k€140k▲
Social balance
Average headcount (FTE)90872.31.9▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €136k ▲33.8%
Operating result €213k, net result €136k, both a record.
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 6 days late
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €200kEq €278k ▲86.8%
5 profitable years in a row build equity to €278k.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €5k ▼64.1%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €102k ▲5.5%
2 profitable years in a row build equity to €102k.
10-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
06-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 37 days late
2016
21-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2024
Evelyn Pieters
CurrentDirector · since 22-07-2024
Kevin Matthijs
CurrentDirector · since 22-07-2024
22-07-2024
Evelyn Pieters: Appointed as Director
22-07-2024
Kevin Matthijs: Resigned as Director
22-07-2024
Kevin Matthijs: Appointed as Director
Location & real-estate footprint
Registered office, Merelbeke-Melle · 1 establishment unit since 2013
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.
Elzenbroek 159820 Merelbeke-MelleGround area
555 m²
Building footprint
122 m²
Volume, LiDAR
774 m³
Parcel 44412B0510/00F000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KALUMAT bvba
since 20132.224.550.686
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44412B0510/00F000 | Flanders | 555 m² | 1 · 122 m² | 8.8 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.
Similar companies · same sector, comparable size
Parret
BE 0726.956.008
Ieper · Eq €497k
VDS RAMEN EN DEUREN
BE 0423.312.651
Oud-Turnhout · Eq €497k
GUNTER HECTORS
BE 0875.502.895
Kalmthout · Eq €498k
MENUISERIE PLANCQUAERT
BE 0873.425.810
Tournai · Eq €498k
INTER MUROS BELGIUM
BE 0509.958.890
Anderlecht · Eq €498k
Of 19,948 companies in sector 43320 we hold annual accounts for 9,084. 5,945 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-2013
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.