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La Calestienne

Active
Non-profit associationfounded 1995active for 31 yearsFaubourg Saint-Martin 22, 5570 Beauraing, Belgium12 active companies are registered at this addressKBO/BCE: BE 0455.638.494
Summary

La Calestienne has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €512,441 and a net result of -€194,756. Equity remains stable across the filed financial years (±0% per year). Its solvency ranks better than 32% of 106 sector peers (NACE 02, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
La CalestienneActiveChecked score 90/100
Risk analysis ReportCompare

Overview

Activity
Forestry and logging
NACE 02100Vocational training NACE 85592
2nd largest employer in the province of Namur, Forestry sector2 sites
Size
≈ €1.9mturnover 2025, estimated
Staff
15.1 FTE
Equity
€512,441
Deficit
-€194,756
Turnover estimated from the gross margin
Financial health
90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts filed 38 days late3 of 8 deeds summarised
Why 90raises riskLoss of €194,756, the second in a row (financial year 2025)Size: 15.1 FTE, total assets €1.6mlowers riskLegal form: non-profit associationSector: Forestry and logging (NACE 02)Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 18% of its sector peers (NACE 02, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 56-7
equity 31.5% of total assets
Liquidity 51+19
short-term debt 14.0% · cash 2.7%
Profitability 4-10
return on assets -12.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (99 companies, NACE 02, small)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: 0.1%▲ +0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026highest value
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.28, compared with 1.05 in 2024, above the usual 1.5; short-term debt: 14% and cash: 2.7% of total assets), but 68.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 02, small): better than 19% on solvency, 45% on liquidity, 2% on profitability and 5% on growth.

The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · Loss of €194,756, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Sector: Forestry and logging (NACE 02)
KBO
raises risk · Size: 15.1 FTE, total assets €1.6m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€194,756
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-09-2026, 38 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
38 days late
2024
23 days early
2023
26 days early
2022
26 days early
2021
9 days late
2020
26 days early
2019
21 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 11 days before the deadline; the sector median (NACE 02) for financial year 2024 is 6 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 July (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Weakest financial yearnet -€194,756
  3. Liquidity more than doubledcurrent ratio 2.28

Key points

  • Caution: Result fell in 2025from -€73,910 to -€194,756 ▼ 164% View
  • Caution: Among the weakest 8% on net resultsector median €40,662 · 106 companies -€194,756 View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€194,756 View

By topic

Financials

Financial year
2025
Total assets
€1.6m
Loss
-€194,756
Solvency
31.5%
Turnover▲ 17.1%
Net result
20182023
Go to Financials

Timeline

Events
26
Since
2007
Next accounts
by 31-07-2027
  1. 17-09-2025Admission: Benjamin PIERSON (membre de l'ag et…
  2. 08-07-2025Annual accounts filed
  3. 20-08-2024Admission: Liliane LEBON (membre de l'ag)
Go to Timeline

Company details

Sites
2
Legal form
Non-profit association
Activity
Forestry and loggingNACE 02100
Founded
20-03-1995
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about La Calestienne

What is the company number of La Calestienne?
0455.638.494. In Belgium the VAT number is the company number with BE in front: BE 0455.638.494.
Where is La Calestienne based?
The registered office is at Faubourg Saint-Martin 22, 5570 Beauraing.Company details
What does La Calestienne do?
According to the KBO register, the main activity is forestry and logging (NACE 02100).
What is the legal form of La Calestienne?
Non-profit association (VZW).
When was La Calestienne founded?
On 20-03-1995.
Is La Calestienne still active?
Yes, La Calestienne is an active enterprise in the KBO register.
How many employees does La Calestienne have?
On average 15.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of La Calestienne?
€590,507 in financial year 2023, according to the filed annual accounts.
Is La Calestienne profitable?
In financial year 2025, La Calestienne made a loss of €194,756.
Where can I find the annual accounts of La Calestienne?
La Calestienne filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of La Calestienne due?
By 31-07-2027, for financial year 2026.Timeline

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