CALORIMA
ActiveSummary
The computed 12-month bankruptcy probability of CALORIMA is 6.5% (elevated). The 2025 annual accounts show equity of €41k and a net result of €-4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 81% of 480 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▲+10
Solvency90▲+11
Growth52=
Track record94
Bankruptcy probability, 12 months
6.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity ample (current ratio 5.65 against 3.74 in 2024; short-term debt: 16.4% and cash: 34.1% of total assets), and 34.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.2%
Return on assets
-7%
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
2122232425
2021 to 2025 · latest year €-4k
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 31-07-2026, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
6 d early
2022
11 d early
2021
31 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-4k▲ 90.3%
2024 · €-46k
2021: €11k
2022: €49k
2023: €21k
2024: €-46k
2021 → 2025
Working capital
€48k▼ 7.3%
2024 · €52k
2021: €15k
2022: €61k
2023: €67k
2024: €52k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€21k-€70k▲ 241%€91k▲ 30.4%€46k▼ 50.0%€41k▼ 9.7%
Operating result€14k-€64k▲ 363%€27k▼ 56.9%€-43k€-5k▲ 88.4%
Net result€11k-€49k▲ 369%€21k▼ 56.9%€-46k€-4k▲ 90.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2025 against €43k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €63k
Fixed assets
€5k ▼ 64.1%
Current assets
€59k ▼ 17.5%
Equity and liabilities €63k
Equity
€41k ▼ 9.7%
Debt
€22k ▼ 42.5%
Debt's share of the balance-sheet total falls from 45.6% to 34.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-1k▲
2024 · €-36k
Cash flow
€-782▲
2024 · €-39k
Current ratio
5.65▲
2024 · 3.74
Quick ratio
4.97▲
2024 · 3.39
Debt to equity
0.53▼
2024 · 0.84
ROE
-10.7%▲
2024 · -99.9%
ROA
-7.0%▲
2024 · -54.3%
Interest coverage
-1.01▲
2024 · -7.42
Debt ≤ 1 year
€10k▼
2024 · €19k
Debt > 1 year
€12k▼
2024 · €18k
Income taxes
€51▼
2024 · €64
Staff costs
€33k▼
2024 · €56k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€84k€63k▼
Fixed assets21/28€13k€5k▼
Tangible fixed assets22/27€11k€2k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€8k€791▼
Financial fixed assets28€2k€2k=
Current assets29/58€71k€59k▼
Stocks and contracts in progress3€7k€7k▲
Stocks30/36€7k€7k▲
Amounts receivable within one year40/41€35k€28k▼
Trade receivables40€6k€4k▼
Other amounts receivable41€30k€24k▼
Cash at bank and in hand54/58€27k€22k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€84k€63k▼
Equity10/15€46k€41k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€36k€31k▼
Amounts payable17/49€38k€22k▼
Amounts payable after more than one year17€18k€12k▼
Financial debts170/4€18k€12k▼
Amounts payable within one year42/48€19k€10k▼
Current portion of amounts payable after more than one year42€9k€5k▼
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€9k-
Taxes450/3€9k-
Accrued charges and deferred income492/3€966-
Income statement
Code20242025
Remuneration, social security and pensions62€56k€33k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€4k▼
Other operating charges640/8€3k€707▼
Non-recurring operating charges66A€20k€6k▼
Gross operating margin9900€42k€38k▼
Operating profit (loss)9901€-43k€-5k▲
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€5k€1k▼
Recurring financial charges65€5k€1k▼
Profit (loss) for the period before taxes9903€-46k€-4k▲
Income taxes67/77€64€51▼
Profit (loss) for the period9904€-46k€-4k▲
Profit (loss) for the period to be appropriated9905€-46k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€36k€31k▼
Profit (loss) brought forward from the previous period14P€81k€36k▼
Social balance
Average headcount (FTE)90871.00.2▼
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
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-46k ▼314%
Net result drops to €-46k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2021net €49k ▲369%
Operating result €64k, net result €49k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · full 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, Sint-Pieters-Woluwe · 3 establishment units since 2021
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.
Hertoginnestraat 111150 Sint-Pieters-WoluweGround area
1,871 m²
Building footprint
587 m²
Volume, LiDAR
5,353 m³
3 parcels, Brussels, Flanders · tallest building 19.6 m, ±4 floors. Linked by address, not a title deed.
3 establishment units
CALORIMA
since 20212.319.800.629
CALORIMA
since 20222.339.049.585
CALORIMA
since 20232.348.815.408
3 parcels
Flanders
1
(33.3%)
Brussels
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21019A0209/00W005 | Brussels | 1,118 m² | 1 · 434 m² | 19.6 m · 4 fl. |
| 23752F0456/00P000 | Flanders | 512 m² | 1 · 79 m² | 6.8 m · 2 fl. |
| 21464D0118/00N010 | Brussels | 241 m² | 1 · 75 m² | 13.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 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 (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
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TF CHAUFFAGE
BE 0782.688.941
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G-REPAIR
BE 0728.858.988
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Of 887 companies in sector 33110 we hold annual accounts for 440. 308 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
Founded20-07-2021
Fiscal year end31-12
Activities, NACEBEL 2025
33110Repair and maintenance of fabricated metal products
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.