CALEM
Open bankruptcyA bankruptcy procedure is open for CALEM according to publications in the Belgian State Gazette; curator: PIETER DEWAELE.
Summary
The 2023 annual accounts show equity of €2k and a net result of €10k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 01-05-2024, 1 day later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
1 d late
2022
9 d late
2021
16 d late
2020
46 d late
2019
411 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, abbreviated schema
Equity
€2k
2022 · €-8k
2018: €19k
2019: €20k
2020: €8k
2021: €7k
2022: €-8k
2018 → 2023
Total assets
€523k▲ 0.5%
2022 · €520k
2018: €695k
2019: €707k
2020: €478k
2021: €522k
2022: €520k
2018 → 2023
Net result
€10k
2022 · €-14k
2018: €24k
2019: €880
2020: €-12k
2021: €-1k
2022: €-14k
2018 → 2023
Working capital
€214k▼ 15.8%
2022 · €254k
2018: €30k
2019: €59k
2020: €197k
2021: €313k
2022: €254k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€20k-€8k▼ 62.1%€7k▼ 13.8%€-8k€2k
Operating result€41k-€60k▲ 45.6%€31k▼ 48.7%€19k▼ 39.5%€28k▲ 52.9%
Net result€880-€-12k€-1k▲ 91.6%€-14k▼ 1,282%€10k
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 recovers in 2023; 2023 is 53% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €523k
Fixed assets
€2k =
Current assets
€521k ▲ 0.5%
Equity and liabilities €523k
Equity
€2k
Debt
€521k
Debt finances 99.7% of the balance-sheet total.
Key figures and ratios
Current ratio
1.70▼
2022 · 1.96
Quick ratio
0.85▼
2022 · 0.97
ROE
554.6%
ROA
1.8%▲
2022 · -2.8%
Debt ≤ 1 year
€307k▲
2022 · €264k
Debt > 1 year
€214k▼
2022 · €264k
Income taxes
€2k▼
2022 · €18k
Staff costs
€3k▼
2022 · €3k
A ratio outside any meaningful range has been withheld (balance sheet total €523k, equity €2k).
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 · 2023 against 2022 · 48 lines
Balance sheet
Code20222023
Assets
Total assets20/58€520k€523k▲
Fixed assets21/28€2k€2k=
Tangible fixed assets22/27€1k€1k=
Furniture and vehicles24€1k€1k=
Financial fixed assets28€250€250=
Current assets29/58€519k€521k▲
Stocks and contracts in progress3€261k€259k▼
Stocks30/36€261k€259k▼
Amounts receivable within one year40/41€213k€231k▲
Trade receivables40€3k€30k▲
Other amounts receivable41€210k€201k▼
Cash at bank and in hand54/58€44k€31k▼
Equity and liabilities
Total equity and liabilities10/49€520k€523k▲
Equity10/15€-8k€2k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€18€18=
Profit (loss) carried forward14€-28k€-19k▲
Amounts payable17/49€528k€521k▼
Amounts payable after more than one year17€264k€214k▼
Financial debts170/4€264k€214k▼
Amounts payable within one year42/48€264k€307k▲
Current portion of amounts payable after more than one year42€56k€53k▼
Financial debts43€43k€48k▲
Credit institutions430/8€43k€48k▲
Trade debts44€62k€94k▲
Suppliers440/4€62k€94k▲
Taxes, remuneration and social security45€104k€112k▲
Taxes450/3€104k€112k▲
Income statement
Code20222023
Non-recurring operating income76A€300-
Goods, raw materials, services and sundry goods60/61€299k€298k▼
Remuneration, social security and pensions62€3k€3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€658-
Other operating charges640/8€13k€15k▲
Gross operating margin9900€35k€46k▲
Operating profit (loss)9901€19k€28k▲
Financial income75/76B€145€291▲
Recurring financial income75€145€291▲
Financial charges65/66B€15k€17k▲
Recurring financial charges65€15k€17k▲
Profit (loss) for the period before taxes9903€3k€12k▲
Income taxes67/77€18k€2k▼
Profit (loss) for the period9904€-14k€10k▲
Profit (loss) for the period to be appropriated9905€-14k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-28k€-19k▲
Profit (loss) brought forward from the previous period14P€-14k€-28k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-02
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · CALEM BV DOORNIKSE- STRAAT 19, 8500 KORTRIJK · event 04-02-2025
2024
01-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 1 day late
2023
30-09
Financial
Back to profitnet €10k
Net result €10k after 3 loss-making years.
09-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
30-09
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series.
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 46 days late
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 411 days late
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
20-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 296 days late
2016
30-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
25-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial 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, Kortrijk · 1 establishment unit since 2010
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.
Doorniksestraat(Kor) 198500 KortrijkGround area
159 m²
Building footprint
158 m²
Volume, LiDAR
2,487 m³
Parcel 34353H0302/00D000, Flanders · tallest building 20.2 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Doorniksestraat(Kor) 19, 8500 Kortrijk
since 20102.185.886.090
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353H0302/00D000 | Flanders | 159 m² | 1 · 158 m² | 20.1 m · 6 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PIETER DEWAELE GROENINGESTRAAT 33, 8500 KORT-
RIJK |
04-02-2025 → present |
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Of 94 companies in sector 46424 we hold annual accounts for 44. 9 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-11-2009
Fiscal year end30-09
Activities, NACEBEL 2025
46424Wholesale trade
47715Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.