O'CALM
ActiveSummary
O'CALM has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.07M and a net result of €-202k. Equity is shrinking by ~4.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability18▲+7
Solvency71▼-9
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity short (current ratio 0.18 against 0.02 in 2024; short-term debt: 10.2% and cash: 1.4% of total assets), and 53.9% 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.
−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
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
46.1%
Return on assets
-4.5%
Age of the figures
9 mo
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 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-202k
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
61 d late
2023
69 d late
2022
13 d early
2021
31 d early
2020
52 d late
2019
70 d late
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2.07M▼ 9.9%
2024 · €2.29M
2018: €2.94Mhighest in 8 years
2019: €2.77M▼ -5.8% vs 2018
2020: €2.65M▼ -4.4% vs 2019
2021: €2.61M▼ -1.7% vs 2020
2022: €2.53M▼ -2.9% vs 2021
2023: €2.38M▼ -5.8% vs 2022
2024: €2.29M▼ -3.7% vs 2023
2025: €2.07M▼ -9.9% vs 2024lowest in 8 years
2018 → 2025
Total assets
€4.48M▲ 7.5%
2024 · €4.17M
2018: €3.13M
2019: €3.01M▼ -3.9% vs 2018
2020: €2.92M▼ -3.0% vs 2019
2021: €2.87M▼ -1.7% vs 2020
2022: €2.79M▼ -2.6% vs 2021lowest in 8 years
2023: €3.55M▲ +27.2% vs 2022
2024: €4.17M▲ +17.3% vs 2023
2025: €4.48M▲ +7.5% vs 2024highest in 8 years
2018 → 2025
Net result
€-202k▲ 25.8%
2024 · €-272k
2018: €-141k
2019: €-172k▼ -22.3% vs 2018
2020: €-122k▲ +28.9% vs 2019
2021: €-44k▲ +64.1% vs 2020highest in 8 years
2022: €-76k▼ -71.8% vs 2021
2023: €-148k▼ -95.7% vs 2022
2024: €-272k▼ -84.3% vs 2023lowest in 8 years
2025: €-202k▲ +25.8% vs 2024
2018 → 2025
Working capital
€-378k▲ 69.9%
2024 · €-1.26M
2018: €-155khighest in 8 years
2019: €-229k▼ -47.3% vs 2018
2020: €-260k▼ -13.6% vs 2019
2021: €-243k▲ +6.5% vs 2020
2022: €-247k▼ -1.6% vs 2021
2023: €-1.10M▼ -346% vs 2022
2024: €-1.26M▼ -13.9% vs 2023lowest in 8 years
2025: €-378k▲ +69.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.61M-€2.53M▼ 2.9%€2.38M▼ 5.8%€2.29M▼ 3.7%€2.07M▼ 9.9%
2021: €2.61Mhighest in 5 years
2022: €2.53M▼ -2.9% vs 2021
2023: €2.38M▼ -5.8% vs 2022
2024: €2.29M▼ -3.7% vs 2023
2025: €2.07M▼ -9.9% vs 2024lowest in 5 years
Operating result€-44k-€-75k▼ 72.1%€-148k▼ 96.1%€-257k▼ 74.3%€-148k▲ 42.3%
2021: €-44khighest in 5 years
2022: €-75k▼ -72.1% vs 2021
2023: €-148k▼ -96.1% vs 2022
2024: €-257k▼ -74.3% vs 2023lowest in 5 years
2025: €-148k▲ +42.3% vs 2024
Net result€-44k-€-76k▼ 71.8%€-148k▼ 95.7%€-272k▼ 84.3%€-202k▲ 25.8%
2021: €-44khighest in 5 years
2022: €-76k▼ -71.8% vs 2021
2023: €-148k▼ -95.7% vs 2022
2024: €-272k▼ -84.3% vs 2023lowest in 5 years
2025: €-202k▲ +25.8% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €148k in 2025 against €257k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.48M
Fixed assets
€4.40M ▲ 6.1%
Current assets
€80k ▲ 297%
Equity and liabilities €4.48M
Equity
€2.07M ▼ 9.9%
Debt
€2.42M ▲ 28.8%
Debt's share of the balance-sheet total rises from 45.0% to 53.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€49k▲
2024 · €-61k
Cash flow
€-5k▲
2024 · €-76k
Current ratio
0.18▲
2024 · 0.02
Debt to equity
1.17▲
2024 · 0.82
ROE
-9.8%▲
2024 · -11.9%
ROA
-4.5%▲
2024 · -6.5%
Interest coverage
0.62▲
2024 · -1.52
Debt ≤ 1 year
€458k▼
2024 · €1.28M
Debt > 1 year
€1.90M▲
2024 · €600k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.17M€4.48M▲
Fixed assets21/28€4.15M€4.40M▲
Tangible fixed assets22/27€4.15M€4.40M▲
Land and buildings22€3.24M€3.17M▼
Plant, machinery and equipment23€58k€52k▼
Furniture and vehicles24-€4k
Other tangible fixed assets26€847k€1.18M▲
Current assets29/58€20k€80k▲
Amounts receivable within one year40/41€16k€16k▲
Trade receivables40€16k€16k▲
Cash at bank and in hand54/58€4k€62k▲
Deferred charges and accrued income490/1€588€3k▲
Equity and liabilities
Total equity and liabilities10/49€4.17M€4.48M▲
Equity10/15€2.29M€2.07M▼
Contributions10/11€5.02M€5.02M=
Profit (loss) carried forward14€-2.95M€-3.15M▼
Investment grants15€225k€200k▼
Amounts payable17/49€1.88M€2.42M▲
Amounts payable after more than one year17€600k€1.90M▲
Other amounts payable178/9€600k€1.90M▲
Amounts payable within one year42/48€1.28M€458k▼
Trade debts44€72k€5k▼
Suppliers440/4€72k€5k▼
Taxes, remuneration and social security45-€24k
Taxes450/3-€24k
Other amounts payable47/48€1.20M€429k▼
Accrued charges and deferred income492/3-€55k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€196k€198k▲
Other operating charges640/8€7k€7k▲
Gross operating margin9900€-54k€57k▲
Operating profit (loss)9901€-257k€-148k▲
Financial income75/76B€25k€25k=
Recurring financial income75€25k€25k=
Financial charges65/66B€40k€79k▲
Recurring financial charges65€40k€79k▲
Profit (loss) for the period before taxes9903€-272k€-202k▲
Profit (loss) for the period9904€-272k€-202k▲
Profit (loss) for the period to be appropriated9905€-272k€-202k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2.95M€-3.15M▼
Profit (loss) brought forward from the previous period14P€-2.68M€-2.95M▼
Transfer from equity791/2-€0
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €3k | - | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €72k | €72k | €96k | €196k | €198k | ▲ 0.8% |
| Other operating charges640/8 | €6k | €6k | €7k | €7k | €7k | ▲ 4.5% |
| Gross operating margin9900 | €34k | €3k | €-45k | €-54k | €57k | ▲ 205% |
| Operating profit (loss)9901 | €-44k | €-75k | €-148k | €-257k | €-148k | ▲ 42.3% |
| Financial income75/76B | €0 | - | - | €25k | €25k | = |
| Recurring financial income75 | €0 | - | - | €25k | €25k | = |
| Financial charges65/66B | €237 | €267 | €276 | €40k | €79k | ▲ 96.5% |
| Recurring financial charges65 | €237 | €267 | €276 | €40k | €79k | ▲ 96.5% |
| Profit (loss) for the period before taxes9903 | €-44k | €-76k | €-148k | €-272k | €-202k | ▲ 25.8% |
| Profit (loss) for the period9904 | €-44k | €-76k | €-148k | €-272k | €-202k | ▲ 25.8% |
| Profit (loss) for the period to be appropriated9905 | €-44k | €-76k | €-148k | €-272k | €-202k | ▲ 25.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.87M | €2.79M | €3.55M | €4.17M | €4.48M | ▲ 7.5% |
| Fixed assets21/28 | €2.85M | €2.78M | €3.48M | €4.15M | €4.40M | ▲ 6.1% |
| Tangible fixed assets22/27 | €2.85M | €2.78M | €3.48M | €4.15M | €4.40M | ▲ 6.1% |
| Land and buildings22 | €2.84M | €2.77M | €3.38M | €3.24M | €3.17M | ▼ 2.4% |
| Plant, machinery and equipment23 | - | - | €81k | €58k | €52k | ▼ 11.4% |
| Furniture and vehicles24 | - | - | - | - | €4k | - |
| Other tangible fixed assets26 | €13k | €8k | €22k | €847k | €1.18M | ▲ 39.2% |
| Current assets29/58 | €20k | €17k | €70k | €20k | €80k | ▲ 297% |
| Amounts receivable within one year40/41 | - | - | €4k | €16k | €16k | ▲ 0.6% |
| Trade receivables40 | - | - | €4k | €16k | €16k | ▲ 0.6% |
| Cash at bank and in hand54/58 | €20k | €17k | €63k | €4k | €62k | ▲ 1,486% |
| Deferred charges and accrued income490/1 | €170 | €180 | €3k | €588 | €3k | ▲ 341% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.87M | €2.79M | €3.55M | €4.17M | €4.48M | ▲ 7.5% |
| Equity10/15 | €2.61M | €2.53M | €2.38M | €2.29M | €2.07M | ▼ 9.9% |
| Contributions10/11 | €5.02M | €5.02M | €5.02M | €5.02M | €5.02M | = |
| Profit (loss) carried forward14 | €-2.41M | €-2.49M | €-2.64M | €-2.95M | €-3.15M | ▼ 6.9% |
| Investment grants15 | - | - | - | €225k | €200k | ▼ 11.1% |
| Amounts payable17/49 | €263k | €264k | €1.17M | €1.88M | €2.42M | ▲ 28.8% |
| Amounts payable after more than one year17 | - | - | - | €600k | €1.90M | ▲ 217% |
| Other amounts payable178/9 | - | - | - | €600k | €1.90M | ▲ 217% |
| Amounts payable within one year42/48 | €263k | €264k | €1.17M | €1.28M | €458k | ▼ 64.1% |
| Trade debts44 | - | - | €28k | €72k | €5k | ▼ 92.9% |
| Suppliers440/4 | - | - | €28k | €72k | €5k | ▼ 92.9% |
| Taxes, remuneration and social security45 | - | - | - | - | €24k | - |
| Taxes450/3 | - | - | - | - | €24k | - |
| Other amounts payable47/48 | €263k | €264k | €1.14M | €1.20M | €429k | ▼ 64.3% |
| Accrued charges and deferred income492/3 | - | - | - | - | €55k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-44k | €-76k | €-148k | €-272k | €-202k | ▲ 25.8% |
| + Depreciation and write-downs630 | €72k | €72k | €96k | €196k | €198k | ▲ 0.8% |
| Operating cash flow (approximation) | €28k | €-4k | €-52k | €-76k | €-5k | ▲ 94.0% |
| Investment in fixed assets (approximation) | - | €0 | €-803k | €-862k | €-450k | ▲ 47.8% |
| Change in cash | - | €-3k | €46k | €-59k | €58k | ▲ 198% |
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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €-272k
Net result drops to €-272k, the lowest in the series; recovery starts the following year.
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 52 days late
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
9 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, Drogenbos · 1 establishment unit since 1994
Ground area
5,335 m²
Building footprint
1,381 m²
Volume, LiDAR
21,154 m³
2 parcels, Brussels, Flanders · tallest building 28.8 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
O'CALM
since 19942.066.759.105
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0040/00C021 | Brussels | 4,310 m² | 1 · 692 m² | 28.8 m · 8 fl. |
| 22001B0178/00F000 | Flanders | 1,024 m² | 1 · 690 m² | 23.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 277,283 EUR awarded · 250,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 250,000 EUR |
| 2022 | 2 | 277,283 EUR | 0 EUR |
Schemes
Erfgoedpremie voor beschermde monumenten en landschappen - standaardprocedure
Onderzoekspremie voor beschermde monumenten en landschappen
Identification & contact
Identification
Legal formPrivate limited company
Founded01-03-1994
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.