Equity
CALIGA paid out €412,000 in dividends. That is 83% of the 2025 profit.
CALIGA paid out €412,000 in dividends. That is 83% of the 2025 profit.
The result rose in 2025 from €25,078 to €493,562.
Pledge on other assets, new in 2025. 1.0 times equity · not in the 2024 accounts.
In 2025, 2 people joined and 1 left.
Latest accounts filed late: after the legal deadline.
Higher net result than 95% of companies in architecture and engineering. Sector median €16,709 · 11,795 companies.
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 71, micro). It does better than 50% of them on solvency, 50% on liquidity, 29% on profitability and 84% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Liquidity is tight, with a current ratio of 1.31 (0.85 in 2024), below the usual 1.5. Short-term debt is 34.3% and cash 22.7% of total assets. 47.2% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 45 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Shares in 1 company, JOASSIN-DAVIDTS
Board & ownership| Company | ||||
|---|---|---|---|---|
| CALIGA Thimister-Clermont | €417,869 | €256,249 | 52.8% | - |
| C.L.S. Ans | €481,609 | €247,400 | 77.6% | - |
| B.E. DTS Seneffe | €425,625 | €263,467 | 25.4% | 6 |
| BLENT Ghent | €477,390 | €233,199 | 64.1% | 3.9 |
| ABMI BELGIUM Ixelles | €379,086 | €217,233 | 76.2% | 2 |
| Bureau DW Geel | €486,686 | €263,514 | 2.1% | - |
| APISOFT Dison | €324,867 | €288,418 | 57.2% | - |
These companies have the same main activity as CALIGA: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €325,000 and €487,000, founded between 2016 and 2017.
CALIGA files the micro format. That format states no turnover. The gross margin rose from €54,140 in 2018 to €256,249 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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