VAN CALSTER
ActiveVAN CALSTER has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €152k and a net result of €21k. Equity is shrinking by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 62% of 11195 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
98
/ 100
Excellent▲ +4 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▲+42
Solvency98▼-2
Growth58=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 2.31 against 3.3 in 2024), and 43.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
56.9%
Return on assets
8%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
1 d early
2022
1 d early
2021
on the day
2020
3 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€152k▼ 2.5%
2024 · €156k
2019: €175k
2020: €178k
2021: €162k
2022: €152k
2023: €147k
2024: €156k
2019 → 2025
Total assets
€267k▲ 21.9%
2024 · €219k
2019: €466k
2020: €355k
2021: €357k
2022: €306k
2023: €215k
2024: €219k
2019 → 2025
Net result
€21k▲ 148%
2024 · €9k
2019: €2k
2020: €2k
2021: €-6k
2022: €-10k
2023: €8k
2024: €9k
2019 → 2025
Working capital
€147k▲ 1.2%
2024 · €145k
2019: €187k
2020: €174k
2021: €143k
2022: €113k
2023: €131k
2024: €145k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€162k-€152k▼ 5.9%€147k▼ 3.3%€156k▲ 5.8%€152k▼ 2.5%
Operating result€-4k-€-1k▲ 71.8%€13k€15k▲ 22.4%€35k▲ 128%
Net result€-6k-€-10k▼ 72.8%€8k€9k▲ 8.3%€21k▲ 148%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 128% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €267k
Fixed assets
€8k▼ 29.0%
Current assets
€259k▲ 24.6%
Equity and liabilities €267k
Equity
€152k▼ 2.5%
Debt
€115k▲ 82.5%
The debt ratio rises from 28.8% to 43.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€38k▲
2024 · €26k
Cash flow
€25k▲
2024 · €19k
Solvency
56.9%▼
2024 · 71.2%
Current ratio
2.31▼
2024 · 3.30
Quick ratio
2.12▼
2024 · 3.24
Debt / equity
0.76▲
2024 · 0.40
ROE
14.0%▲
2024 · 5.5%
ROA
8.0%▲
2024 · 3.9%
Interest coverage
19.57▲
2024 · 16.60
Debt
€115k▲
2024 · €63k
Debt ≤ 1 year
€112k▲
2024 · €63k
Income taxes
€13k▲
2024 · €5k
Staff costs
€35k▲
2024 · €34k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€219k€267k▲
Fixed assets21/28€11k€8k▼
Tangible fixed assets22/27€11k€8k▼
Plant, machinery and equipment23€11k€8k▼
Current assets29/58€208k€259k▲
Stocks and contracts in progress3€4k€21k▲
Stocks30/36€4k€21k▲
Amounts receivable within one year40/41€146k€164k▲
Trade receivables40€93k€117k▲
Other amounts receivable41€53k€47k▼
Cash at bank and in hand54/58€51k€68k▲
Deferred charges and accrued income490/1€8k€6k▼
Equity and liabilities
Total equity and liabilities10/49€219k€267k▲
Equity10/15€156k€152k▼
Contributions10/11€25k€25k=
Reserves13€131k€127k▼
Distributable reserves133€131k€127k▼
Amounts payable17/49€63k€115k▲
Amounts payable within one year42/48€63k€112k▲
Current portion of amounts payable after more than one year42€4k€4k▼
Trade debts44€56k€101k▲
Suppliers440/4€56k€101k▲
Taxes, remuneration and social security45€2k€7k▲
Taxes450/3€239€7k▲
Remuneration and social security454/9€2k-
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Remuneration, social security and pensions62€34k€35k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€3k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€443
Other operating charges640/8€2k€2k▼
Gross operating margin9900€62k€76k▲
Operating profit (loss)9901€15k€35k▲
Financial income75/76B€6€897▲
Recurring financial income75€6€897▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€14k€34k▲
Income taxes67/77€5k€13k▲
Profit (loss) for the period9904€9k€21k▲
Profit (loss) for the period to be appropriated9905€9k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€21k▲
Transfer from equity791/2-€25k
Transfer to equity691/2€9k€21k▲
To other reserves6921€9k€21k▲
Profit to be distributed694/7-€25k
Return on contributions (dividend)694-€25k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €21k ▲148%
Operating result €35k, net result €21k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Equity above €150kEq €156k ▲5.8%
2 profitable years in a row build equity to €156k.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zemst · 1 establishment unit since 1978
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.
Driesstraat 1441982 ZemstGround area
1,366 m²
Building footprint
325 m²
Volume, LiDAR
1,912 m³
Parcel 23018D0031/00N000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Driesstraat 144, 1982 Zemst
since 19782.039.653.543
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23018D0031/00N000 | Flanders | 1,366 m² | 1 · 325 m² | 9.2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,491 EUR awarded · 2,491 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 270 EUR | 270 EUR |
| 2024 | 1 | 105 EUR | 105 EUR |
| 2022 | 2 | 2,116 EUR | 2,116 EUR |
Schemes
Hinderpremie bij openbare werken
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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PAUL NAESSENS
BE 0424.561.476
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RAVIGNAT ET HUMBLET
BE 0425.047.664
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BECKERS
BE 0444.055.211
Beringen · Eq €145k
Of 838 companies in sector 46810 we hold annual accounts for 473. 319 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-06-1978
Fiscal year end30-06
Activities, NACEBEL
46810Wholesale of solid, liquid and gaseous fuels and related products
46216Wholesale of agricultural produce and animal feed, general range
49410Freight transport by road
51210
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.