DE CALUWE CARLO
ActiveDE CALUWE CARLO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €133k and a net result of €23k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 73% of 31527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +10 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability87▲+29
Solvency100▲+1
Growth52=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 4.5 against 2.79 in 2023), and 23.1% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
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
76.9%
Return on assets
13.3%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days 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 · 6 filingsDeviation from the deadline
2025
25 d late
2023
29 d early
2022
31 d early
2021
31 d early
2020
27 d late
2019
33 d late
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€133k▲ 96.0%
2023 · €68k
2019: €51k
2020: €59k
2021: €68k
2022: €87k
2023: €68k
2019 → 2025
Total assets
€173k▲ 62.6%
2023 · €106k
2019: €139k
2020: €94k
2021: €100k
2022: €134k
2023: €106k
2019 → 2025
Net result
€23k▲ 190%
2023 · €8k
2019: €39k
2020: €8k
2021: €9k
2022: €18k
2023: €8k
2019 → 2025
Working capital
€132k▲ 99.8%
2023 · €66k
2019: €49k
2020: €59k
2021: €68k
2022: €86k
2023: €66k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232025Trend
Equity€59k-€68k▲ 15.7%€87k▲ 27.1%€68k▼ 21.7%€133k▲ 96.0%
Operating result€9k-€12k▲ 40.5%€23k▲ 93.2%€11k▼ 52.7%€31k▲ 181%
Net result€8k-€9k▲ 20.5%€18k▲ 100%€8k▼ 57.1%€23k▲ 190%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 181% above 2023 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €173k
Fixed assets
€3k▼ 6.9%
Current assets
€170k▲ 64.7%
Equity and liabilities €173k
Equity
€133k▲ 96.0%
Debt
€40k▲ 3.7%
The debt ratio falls from 36.2% to 23.1%: equity grows faster than debt.
Key figures and ratios
EBITDA
€31k▲
2023 · €12k
Cash flow
€23k▲
2023 · €9k
Solvency
76.9%▲
2023 · 63.8%
Current ratio
4.50▲
2023 · 2.79
Quick ratio
4.50▲
2023 · 2.79
Debt / equity
0.30▼
2023 · 0.57
ROE
17.3%▲
2023 · 11.7%
ROA
13.3%▲
2023 · 7.5%
Interest coverage
31.41▼
2023 · 216.89
Debt
€40k▲
2023 · €38k
Debt ≤ 1 year
€38k▲
2023 · €37k
Income taxes
€10k▲
2023 · €3k
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 2023
Balance sheet
Code20232025
Assets
Total assets20/58€106k€173k▲
Fixed assets21/28€3k€3k▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€847€327▼
Other tangible fixed assets26€1k€936▼
Financial fixed assets28€1k€2k▲
Current assets29/58€103k€170k▲
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€6k€7k▲
Trade receivables40€5k€6k▲
Other amounts receivable41€912€1k▲
Current investments50/53€27k€154k▲
Cash at bank and in hand54/58€56k€5k▼
Deferred charges and accrued income490/1€15k€4k▼
Equity and liabilities
Total equity and liabilities10/49€106k€173k▲
Equity10/15€68k€133k▲
Contributions10/11€19k€19k=
Reserves13€48k€113k▲
Distributable reserves133€48k€113k▲
Profit (loss) carried forward14€1k€1k▲
Amounts payable17/49€38k€40k▲
Amounts payable within one year42/48€37k€38k▲
Trade debts44€20k€544▼
Suppliers440/4€20k€544▼
Taxes, remuneration and social security45€10k€19k▲
Taxes450/3€8k€16k▲
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€7k€19k▲
Accrued charges and deferred income492/3€1k€2k▲
Income statement
Code20232025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€593€392▼
Other operating charges640/8€572€824▲
Gross operating margin9900€12k€32k▲
Operating profit (loss)9901€11k€31k▲
Financial income75/76B€14€3k▲
Recurring financial income75€14€3k▲
Financial charges65/66B€54€1k▲
Recurring financial charges65€54€1k▲
Profit (loss) for the period before taxes9903€11k€33k▲
Income taxes67/77€3k€10k▲
Profit (loss) for the period9904€8k€23k▲
Profit (loss) for the period to be appropriated9905€8k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€24k▲
Profit (loss) brought forward from the previous period14P€4k€1k▼
Transfer from equity791/2€33k-
Transfer to equity691/2€11k€23k▲
To other reserves6921€11k€23k▲
Profit to be distributed694/7€33k-
Return on contributions (dividend)694€33k-
The notes to these accounts (7 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial
Equity above €100kEq €133k ▲96%
6 profitable years in a row build equity to €133k.
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Weakest financial yearnet €8k ▼80.3%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 33 days late
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, Lede · 1 establishment unit since 2018
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.
Zwaluwstraat 17 A9340 LedeGround area
2,052 m²
Building footprint
335 m²
Volume, LiDAR
2,578 m³
2 parcels, Brussels, Flanders · tallest building 17.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Archivaria
since 20182.283.078.310
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41034B0275/00A000 | Flanders | 1,889 m² | 1 · 211 m² | 7.6 m · 2 fl. |
| 21442A0146/00F015 | Brussels | 163 m² | 1 · 124 m² | 17.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,241 companies in sector 70200 we hold annual accounts for 52,386. 40,723 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-11-2018
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.