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callensvyncke

Active
Public limited companyfounded 200916 yrs activeIndustrielaan 21, 8790 Waregem, BelgiumKBO/BCE: BE 0821.383.528
Summary

callensvyncke has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68k and a net result of €-1.08M. Equity is growing by ~32.9% per year across the filed fiscal years. Its solvency ranks better than 14% of 270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability9▼-74
Solvency25▼-6
Growth52▼-27
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.07 against 1.07 in 2024; short-term debt: 93.8% and cash: 10.7% of total assets), and 99.8% of the assets are financed with debt.
Credit check 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 35
Relative position
BE, all sectors
reference
Electricity, gas, steam and air conditioning supply (NACE 35)
about 42% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
0.2%
Return on assets
-3.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 270 sector peers (2025).
NBB · sector comparison
Position among 270 sector peers
Solvency
better than 14%
← weakest strongest →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 d early
2024
29 d early
2023
28 d early
2022
32 d early
2021
20 d early
2020
19 d early
2019
30 d early
← 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 months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
€10.64M▲ 34.2%
2024 · €7.93M
2018: €3.56Mlowest in 8 years 2019: €10.71M▲ +201% vs 2018 2020: €7.53M▼ -29.7% vs 2019 2021: €18.69M▲ +148% vs 2020 2022: €23.10M▲ +23.6% vs 2021highest in 8 years 2023: €7.53M▼ -67.4% vs 2022 2024: €7.93M▲ +5.3% vs 2023 2025: €10.64M▲ +34.2% vs 2024
2018 → 2025
EBIT margin
-7.4%▼ 29.4pp
2024 · 22.0%
2018: 12.1% 2019: 7.2%▼ -40.5% vs 2018 2020: 2.8%▼ -60.9% vs 2019 2021: 9.4%▲ +235% vs 2020 2022: 13.0%▲ +38.1% vs 2021 2023: 12.6%▼ -3.5% vs 2022 2024: 22.0%▲ +75.4% vs 2023highest in 8 years 2025: -7.4%▼ -134% vs 2024lowest in 8 years
2018 → 2025
Net result
€-1.08M
2024 · €1.85M
2018: €273k 2019: €625k▲ +129% vs 2018 2020: €115k▼ -81.5% vs 2019 2021: €1.58M▲ +1268% vs 2020 2022: €2.72M▲ +72.4% vs 2021highest in 8 years 2023: €844k▼ -69.0% vs 2022 2024: €1.85M▲ +119% vs 2023 2025: €-1.08M▼ -159% vs 2024lowest in 8 years
2018 → 2025
Working capital
€1.81M▼ 30.0%
2024 · €2.58M
2018: €927klowest in 8 years 2019: €1.09M▲ +17.8% vs 2018 2020: €1.65M▲ +51.0% vs 2019 2021: €1.97M▲ +19.6% vs 2020 2022: €2.57M▲ +30.2% vs 2021 2023: €2.36M▼ -8.2% vs 2022 2024: €2.58M▲ +9.4% vs 2023highest in 8 years 2025: €1.81M▼ -30.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€18.69M-€23.10M▲ 23.6%€7.53M▼ 67.4%€7.93M▲ 5.3%€10.64M▲ 34.2% 2021: €18.69M 2022: €23.10M▲ +23.6% vs 2021highest in 5 years 2023: €7.53M▼ -67.4% vs 2022lowest in 5 years 2024: €7.93M▲ +5.3% vs 2023 2025: €10.64M▲ +34.2% vs 2024
Equity€1.09M-€1.81M▲ 66.5%€1.90M▲ 5.2%€2.25M▲ 18.2%€68k▼ 97.0% 2021: €1.09M 2022: €1.81M▲ +66.5% vs 2021 2023: €1.90M▲ +5.2% vs 2022 2024: €2.25M▲ +18.2% vs 2023highest in 5 years 2025: €68k▼ -97.0% vs 2024lowest in 5 years
Operating result€1.76M-€3.01M▲ 70.7%€945k▼ 68.5%€1.75M▲ 84.8%€-789k 2021: €1.76M 2022: €3.01M▲ +70.7% vs 2021highest in 5 years 2023: €945k▼ -68.5% vs 2022 2024: €1.75M▲ +84.8% vs 2023 2025: €-789k▼ -145% vs 2024lowest in 5 years
Net result€1.58M-€2.72M▲ 72.4%€844k▼ 69.0%€1.85M▲ 119%€-1.08M 2021: €1.58M 2022: €2.72M▲ +72.4% vs 2021highest in 5 years 2023: €844k▼ -69.0% vs 2022 2024: €1.85M▲ +119% vs 2023 2025: €-1.08M▼ -159% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
€-2.00M€0€2.00M€4.00MOperating result 2021: €1.76M€1.76MNet result 2021: €1.58M€1.58MOperating result 2022: €3.01M€3.01MNet result 2022: €2.72M€2.72MOperating result 2023: €945k€945kNet result 2023: €844k€844kOperating result 2024: €1.75M€1.75MNet result 2024: €1.85M€1.85MOperating result 2025: €-789k€-789kNet result 2025: €-1.08M€-1.08M20212022202320242025€-2M€-1M€0€1M€2MOperating result 2023: €945k€945kNet result 2023: €844k€844kOperating result 2024: €1.75M€1.7MNet result 2024: €1.85M€1.8MOperating result 2025: €-789k€-789kNet result 2025: €-1.08M€-1.1M202320242025
The operating result turns negative in 2025: a loss of €789k after €1.75M in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €29.60M
Fixed assets €32k ▼ 18.5%
Current assets €29.56M ▼ 20.6%
Equity and liabilities €29.60M
Equity €68k ▼ 97.0%
Provisions €1.77M ▲ 387%
Debt €27.76M ▼ 19.9%
Debt's share of the balance-sheet total rises from 93.0% to 93.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-774k▼
2024 · €1.76M
Cash flow
€-1.07M▼
2024 · €1.86M
Current ratio
1.07▼
2024 · 1.07
Quick ratio
0.14▼
2024 · 0.46
ROA
-3.7%▼
2024 · 5.0%
Interest coverage
-34.61▼
2024 · 128.09
Debt ≤ 1 year
€27.76M▼
2024 · €34.63M
Income taxes
€391k▲
2024 · €282k
Staff costs
€1.47M▲
2024 · €1.47M
A ratio outside any meaningful range has been withheld (balance sheet total €29.60M, equity €68k).
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 · 73 lines
Balance sheet Code20242025
Assets
Total assets20/58€37.25M€29.60M▼
Fixed assets21/28€39k€32k▼
Intangible fixed assets21€20k€11k▼
Tangible fixed assets22/27€19k€21k▲
Plant, machinery and equipment23€1k€869▼
Furniture and vehicles24€8k€8k▼
Other tangible fixed assets26€10k€12k▲
Current assets29/58€37.21M€29.56M▼
Stocks and contracts in progress3€21.40M€25.58M▲
Contracts in progress37€21.40M€25.58M▲
Amounts receivable within one year40/41€3.41M€802k▼
Trade receivables40€2.52M€653k▼
Other amounts receivable41€885k€149k▼
Current investments50/53€19k€22k▲
Other investments51/53€19k€22k▲
Cash at bank and in hand54/58€12.23M€3.15M▼
Deferred charges and accrued income490/1€162k€9k▼
Equity and liabilities
Total equity and liabilities10/49€37.25M€29.60M▼
Equity10/15€2.25M€68k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€2.18M€0▼
Provisions and deferred taxes16€363k€1.77M▲
Provisions for liabilities and charges160/5€363k€1.77M▲
Other liabilities and charges164/5€363k€1.77M▲
Amounts payable17/49€34.64M€27.76M▼
Amounts payable within one year42/48€34.63M€27.76M▼
Trade debts44€2.00M€651k▼
Suppliers440/4€2.00M€651k▼
Advances received on contracts in progress46€30.90M€25.46M▼
Taxes, remuneration and social security45€234k€548k▲
Taxes450/3€102k€426k▲
Remuneration and social security454/9€133k€122k▼
Other amounts payable47/48€1.50M€1.10M▼
Accrued charges and deferred income492/3€5k€5k▼
Income statement Code20242025
Operating income70/76A€22.63M€15.42M▼
Turnover70€7.93M€10.64M▲
Change in stocks of work in progress, finished goods and contracts in progress71€14.62M€4.18M▼
Other operating income74€78k€571k▲
Non-recurring operating income76A-€24k
Operating charges60/66A€20.88M€16.20M▼
Goods for resale, raw materials and consumables60€17.94M€11.53M▼
Purchases600/8€17.94M€11.53M▼
Services and other goods61€1.59M€1.79M▲
Remuneration, social security and pensions62€1.47M€1.47M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€15k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-8k
Provisions for liabilities and charges: additions (uses and reversals)635/8€-131k€1.40M▲
Other operating charges640/8€11k€13k▲
Operating profit (loss)9901€1.75M€-789k▼
Financial income75/76B€438k€134k▼
Recurring financial income75€438k€134k▼
Income from current assets751€435k€128k▼
Other financial income752/9€4k€6k▲
Financial charges65/66B€57k€37k▼
Recurring financial charges65€57k€37k▼
Debt charges650€14k€22k▲
Other financial charges652/9€43k€15k▼
Profit (loss) for the period before taxes9903€2.13M€-692k▼
Income taxes67/77€282k€391k▲
Taxes670/3€282k€391k▲
Profit (loss) for the period9904€1.85M€-1.08M▼
Profit (loss) for the period to be appropriated9905€1.85M€-1.08M▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.68M€1.10M▼
Profit (loss) brought forward from the previous period14P€1.84M€2.18M▲
Profit to be distributed694/7€1.50M€1.10M▼
Return on contributions (dividend)694-€1.10M
Directors or managers695€1.50M-
Social balance
Average headcount (FTE)908715.715.5▼

The notes to these accounts (51 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Operating income70/76A€15.34M€13.18M€12.13M€22.63M€15.42M▼ 31.9%
Turnover70€18.69M€23.10M€7.53M€7.93M€10.64M▲ 34.2%
Change in stocks of work in progress, finished goods and contracts in progress71€-3.49M€-10.00M€4.56M€14.62M€4.18M▼ 71.4%
Own construction capitalised72€24k€0€0---
Other operating income74€129k€78k€44k€78k€571k▲ 628%
Non-recurring operating income76A----€24k-
Operating charges60/66A€13.58M€10.17M€11.19M€20.88M€16.20M▼ 22.4%
Goods for resale, raw materials and consumables60€10.82M€8.65M€9.22M€17.94M€11.53M▼ 35.7%
Purchases600/8€10.82M€8.65M€9.22M€17.94M€11.53M▼ 35.7%
Services and other goods61€1.01M€1.01M€1.13M€1.59M€1.79M▲ 12.3%
Remuneration, social security and pensions62€876k€948k€1.12M€1.47M€1.47M▲ 0.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€382€8k€10k€13k€15k▲ 11.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€316k€-316k--€-8k-
Provisions for liabilities and charges: additions (uses and reversals)635/8€561k€-132k€-295k€-131k€1.40M▲ 1,172%
Other operating charges640/8€1k€4k€2k€11k€13k▲ 18.1%
Operating profit (loss)9901€1.76M€3.01M€945k€1.75M€-789k▼ 145%
Financial income75/76B€4k€266€132k€438k€134k▼ 69.5%
Recurring financial income75€4k€266€132k€438k€134k▼ 69.5%
Income from current assets751€4k-€131k€435k€128k▼ 70.5%
Other financial income752/9-€266€395€4k€6k▲ 49.9%
Financial charges65/66B€46k€29k€54k€57k€37k▼ 34.3%
Recurring financial charges65€46k€29k€54k€57k€37k▼ 34.3%
Debt charges650€2k€2k€3k€14k€22k▲ 62.8%
Other financial charges652/9€44k€27k€51k€43k€15k▼ 65.2%
Profit (loss) for the period before taxes9903€1.72M€2.98M€1.02M€2.13M€-692k▼ 133%
Income taxes67/77€139k€254k€179k€282k€391k▲ 38.5%
Taxes670/3€139k€255k€179k€282k€391k▲ 38.5%
Tax adjustments and reversals of tax provisions77-€912----
Profit (loss) for the period9904€1.58M€2.72M€844k€1.85M€-1.08M▼ 159%
Profit (loss) for the period to be appropriated9905€1.58M€2.72M€844k€1.85M€-1.08M▼ 159%
Line20212022202320242025Change
Assets
Total assets20/58€25.15M€14.58M€22.10M€37.25M€29.60M▼ 20.6%
Fixed assets21/28€41k€34k€44k€39k€32k▼ 18.5%
Intangible fixed assets21€38k€32k€29k€20k€11k▼ 45.5%
Tangible fixed assets22/27€2k€2k€14k€19k€21k▲ 9.5%
Plant, machinery and equipment23€2k€2k€2k€1k€869▼ 30.5%
Furniture and vehicles24--€6k€8k€8k▼ 2.6%
Other tangible fixed assets26--€7k€10k€12k▲ 25.1%
Current assets29/58€25.11M€14.54M€22.06M€37.21M€29.56M▼ 20.6%
Stocks and contracts in progress3€16.38M€4.57M€6.78M€21.40M€25.58M▲ 19.5%
Stocks30/36€4.48M€2.36M----
Advance payments36€4.48M€2.36M----
Contracts in progress37€11.90M€2.22M€6.78M€21.40M€25.58M▲ 19.5%
Amounts receivable within one year40/41€709k€2.32M€1.39M€3.41M€802k▼ 76.5%
Trade receivables40€422k€2.22M€1.21M€2.52M€653k▼ 74.1%
Other amounts receivable41€288k€106k€179k€885k€149k▼ 83.1%
Current investments50/53€500k-€9k€19k€22k▲ 20.7%
Other investments51/53€500k-€9k€19k€22k▲ 20.7%
Cash at bank and in hand54/58€7.51M€7.64M€13.79M€12.23M€3.15M▼ 74.2%
Deferred charges and accrued income490/1€5k€2k€88k€162k€9k▼ 94.5%
Equity and liabilities
Total equity and liabilities10/49€25.15M€14.58M€22.10M€37.25M€29.60M▼ 20.6%
Equity10/15€1.09M€1.81M€1.90M€2.25M€68k▼ 97.0%
Contributions10/11€62k€62k€62k€62k€62k=
Capital10€62k€62k€62k€62k€62k=
Issued capital100€62k€62k€62k€62k€62k=
Reserves13€6k€6k€6k€6k€6k=
Non-distributable reserves130/1€6k€6k€6k€6k€6k=
Legal reserve130€6k€6k€6k€6k€6k=
Profit (loss) carried forward14€1.02M€1.74M€1.84M€2.18M€0▼ 100%
Provisions and deferred taxes16€921k€789k€493k€363k€1.77M▲ 387%
Provisions for liabilities and charges160/5€921k€789k€493k€363k€1.77M▲ 387%
Other liabilities and charges164/5€921k€789k€493k€363k€1.77M▲ 387%
Amounts payable17/49€23.14M€11.98M€19.70M€34.64M€27.76M▼ 19.9%
Amounts payable within one year42/48€23.13M€11.97M€19.70M€34.63M€27.76M▼ 19.9%
Trade debts44€377k€650k€1.51M€2.00M€651k▼ 67.5%
Suppliers440/4€377k€650k€1.51M€2.00M€651k▼ 67.5%
Advances received on contracts in progress46€21.46M€9.16M€17.22M€30.90M€25.46M▼ 17.6%
Taxes, remuneration and social security45€91k€165k€221k€234k€548k▲ 134%
Taxes450/3€358€56k€80k€102k€426k▲ 319%
Remuneration and social security454/9€90k€109k€141k€133k€122k▼ 8.2%
Other amounts payable47/48€1.20M€2.00M€750k€1.50M€1.10M▼ 26.6%
Accrued charges and deferred income492/3€5k€4k€4k€5k€5k▼ 13.8%
Line20212022202320242025Change
Profit (loss) for the period9904€1.58M€2.72M€844k€1.85M€-1.08M▼ 159%
+ Depreciation and write-downs630€382€8k€10k€13k€15k▲ 11.5%
Operating cash flow (approximation)€1.58M€2.73M€854k€1.86M€-1.07M▼ 157%
Investment in fixed assets (approximation)-€-2k€-19k€-9k€-7k▲ 17.5%
Change in cash-€127k€6.15M€-1.56M€-9.07M▼ 480%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Weakest financial yearnet €-1.08M
Net result drops to €-1.08M, the lowest in the series.
02-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Equity above €2MEq €2.25M ▲18.2%
7 profitable years in a row build equity to €2.25M.
03-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
29-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Highest result since 2018net €2.72M ▲72.4%
Operating result €3.01M, net result €2.72M, both a record.
11-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Equity above €1MEq €1.09M ▲53.7%
4 profitable years in a row build equity to €1.09M.
12-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
01-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Equity above €500kEq €592k ▲52.7%
2 profitable years in a row build equity to €592k.
Show earlier events
25-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
19-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
18-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts

We know of 15 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
15 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, Waregem · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
3.1 ha
Building footprint
1.5 ha
Volume, LiDAR
157,591 m³
Parcel 34453F0803/00H000, Flanders · tallest building 35.7 m, ±4 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
callensvyncke
Industrielaan 21, 8790 WaregemRepair, maintenance and installation of machinery and equipment
since 20102.184.405.653
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34453F0803/00H000 Flanders 3.1 ha 1 · 1.5 ha 35.7 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Ownership & control

1 parent company
Control over this companyparent company per the LEI register1
Waregem
controls
callensvynckeBE 0821.383.528

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 10,133 EUR awarded · 10,246 EUR paid
Year Entries awardedpaid
2025 1 1,139 EUR1,299 EUR
2024 1 1,731 EUR1,571 EUR
2023 1 1,480 EUR2,310 EUR
2022 1 5,783 EUR5,066 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 10,133 EUR · 10,246 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Recognised contractor

5 categories
callensvyncke NV37189
category D17, class 3 · category P1, class 3 · category P2, class 1 · category P3, class 1 · category S1, class 1
decision 11-10-2021

Legal Entity Identifier

875500H15GE6ZFFKJL95
live in the LEI register

Similar companies · same sector, comparable size

Of 814 companies in sector 35110 we hold annual accounts for 630. 274 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded11-12-2009
Fiscal year end31-12
Activities, NACEBEL 2025
35110Production of electricity from non-renewable sources
71121Engineering and related technical consultancy, excluding land surveyors
41003General construction of other non-residential buildings

Scores and ratios are computed by Checked and are not a credit decision.