KALYO
ActiveSummary
KALYO has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-71k) and a net result of €1k. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 7058 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▲+46
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.46 against 0.45 in 2024; short-term debt: 216.1% and cash: 0.5% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-116.1%
Return on assets
2.2%
Age of the figures
9 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 7058 sector peers (2025).
NBB · sector comparisonPosition among 7058 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 10 filingsDeviation from the deadline
2025
26 d late
2024
27 d late
2023
25 d late
2022
30 d late
2021
16 d late
2020
30 d late
2019
122 d late
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-71k▲ 1.9%
2024 · €-72k
2019: €-164k
2020: €-207k▼ -26.2% vs 2019lowest in 7 years
2021: €-39k▲ +81.4% vs 2020highest in 7 years
2022: €-73k▼ -88.4% vs 2021
2023: €-69k▲ +5.1% vs 2022
2024: €-72k▼ -4.1% vs 2023
2025: €-71k▲ +1.9% vs 2024
2019 → 2025
Total assets
€61k▼ 1.1%
2024 · €61k
2019: €158khighest in 7 years
2020: €146k▼ -7.8% vs 2019
2021: €74k▼ -49.2% vs 2020
2022: €70k▼ -5.4% vs 2021
2023: €64k▼ -8.2% vs 2022
2024: €61k▼ -4.4% vs 2023
2025: €61k▼ -1.1% vs 2024lowest in 7 years
2019 → 2025
Net result
€1k
2024 · €-3k
2019: €-14k
2020: €-43k▼ -202% vs 2019lowest in 7 years
2021: €169k▲ +492% vs 2020highest in 7 years
2022: €-34k▼ -120% vs 2021
2023: €4k▲ +111% vs 2022
2024: €-3k▼ -176% vs 2023
2025: €1k▲ +148% vs 2024
2019 → 2025
Working capital
€-71k▲ 3.3%
2024 · €-73k
2019: €-171k
2020: €-216k▼ -26.1% vs 2019lowest in 7 years
2021: €-44k▲ +79.4% vs 2020highest in 7 years
2022: €-77k▼ -72.6% vs 2021
2023: €-71k▲ +6.9% vs 2022
2024: €-73k▼ -2.2% vs 2023
2025: €-71k▲ +3.3% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-39k-€-73k▼ 88.4%€-69k▲ 5.1%€-72k▼ 4.1%€-71k▲ 1.9%
2021: €-39khighest in 5 years
2022: €-73k▼ -88.4% vs 2021lowest in 5 years
2023: €-69k▲ +5.1% vs 2022
2024: €-72k▼ -4.1% vs 2023
2025: €-71k▲ +1.9% vs 2024
Operating result€167k-€-34k€4k€-3k€2k
2021: €167khighest in 5 years
2022: €-34k▼ -120% vs 2021lowest in 5 years
2023: €4k▲ +111% vs 2022
2024: €-3k▼ -177% vs 2023
2025: €2k▲ +161% vs 2024
Net result€169k-€-34k€4k€-3k€1k
2021: €169khighest in 5 years
2022: €-34k▼ -120% vs 2021lowest in 5 years
2023: €4k▲ +111% vs 2022
2024: €-3k▼ -176% vs 2023
2025: €1k▲ +148% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €2k after a loss of €3k in 2024.
Key figures and ratios
EBITDA
€3k▲
2024 · €-2k
Cash flow
€2k▲
2024 · €-2k
Solvency
-116.1%▲
2024 · -117.0%
Current ratio
0.46▲
2024 · 0.45
Quick ratio
0.30▲
2024 · 0.30
Debt to equity
-1.86▼
2024 · -1.86
ROA
2.2%▲
2024 · -4.6%
Interest coverage
7.16
Debt
€131k▼
2024 · €133k
Debt ≤ 1 year
€131k▼
2024 · €133k
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 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€61k€61k▼
Fixed assets21/28€1k-
Tangible fixed assets22/27€1k-
Furniture and vehicles24€1k-
Current assets29/58€60k€61k▲
Stocks and contracts in progress3€21k€21k=
Stocks30/36€21k€21k=
Amounts receivable within one year40/41€39k€39k▲
Other amounts receivable41€39k€39k▲
Cash at bank and in hand54/58€53€294▲
Equity and liabilities
Total equity and liabilities10/49€61k€61k▼
Equity10/15€-72k€-71k▲
Contributions10/11€19k€19k=
Reserves13€25k€25k=
Tax-exempt reserves132€25k€25k=
Profit (loss) carried forward14€-116k€-114k▲
Amounts payable17/49€133k€131k▼
Amounts payable within one year42/48€133k€131k▼
Trade debts44€511€367▼
Suppliers440/4€511€367▼
Taxes, remuneration and social security45€3k-
Taxes450/3€3k-
Other amounts payable47/48€130k€131k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€387€882▲
Gross operating margin9900€-1k€4k▲
Operating profit (loss)9901€-3k€2k▲
Financial income75/76B€18€8▼
Recurring financial income75€18€8▼
Financial charges65/66B-€395
Recurring financial charges65-€395
Profit (loss) for the period before taxes9903€-3k€1k▲
Profit (loss) for the period9904€-3k€1k▲
Profit (loss) for the period to be appropriated9905€-3k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-116k€-114k▲
Profit (loss) brought forward from the previous period14P€-113k€-116k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €222k | €11k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €2k | €2k | €1k | €1k | ▼ 12.0% |
| Other operating charges640/8 | €530 | €348 | €384 | €387 | €882 | ▲ 128% |
| Gross operating margin9900 | €171k | €-32k | €6k | €-1k | €4k | ▲ 405% |
| Operating profit (loss)9901 | €167k | €-34k | €4k | €-3k | €2k | ▲ 161% |
| Financial income75/76B | €2k | €12 | €13 | €18 | €8 | ▼ 53.9% |
| Recurring financial income75 | €2k | €12 | €13 | €18 | €8 | ▼ 53.9% |
| Financial charges65/66B | €302 | - | - | - | €395 | - |
| Recurring financial charges65 | €302 | - | - | - | €395 | - |
| Profit (loss) for the period before taxes9903 | €169k | €-34k | €4k | €-3k | €1k | ▲ 148% |
| Profit (loss) for the period9904 | €169k | €-34k | €4k | €-3k | €1k | ▲ 148% |
| Profit (loss) for the period to be appropriated9905 | €169k | €-34k | €4k | €-3k | €1k | ▲ 148% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €74k | €70k | €64k | €61k | €61k | ▼ 1.1% |
| Fixed assets21/28 | €6k | €4k | €2k | €1k | - | - |
| Tangible fixed assets22/27 | €6k | €4k | €2k | €1k | - | - |
| Furniture and vehicles24 | €6k | €4k | €2k | €1k | - | - |
| Current assets29/58 | €68k | €66k | €62k | €60k | €61k | ▲ 0.7% |
| Stocks and contracts in progress3 | €21k | €21k | €21k | €21k | €21k | = |
| Stocks30/36 | €21k | €21k | €21k | €21k | €21k | = |
| Amounts receivable within one year40/41 | €40k | €41k | €39k | €39k | €39k | ▲ 0.4% |
| Trade receivables40 | - | €2k | - | - | - | - |
| Other amounts receivable41 | €40k | €39k | €39k | €39k | €39k | ▲ 0.4% |
| Cash at bank and in hand54/58 | €7k | €4k | €2k | €53 | €294 | ▲ 456% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €74k | €70k | €64k | €61k | €61k | ▼ 1.1% |
| Equity10/15 | €-39k | €-73k | €-69k | €-72k | €-71k | ▲ 1.9% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €25k | €25k | €25k | €25k | €25k | = |
| Tax-exempt reserves132 | €25k | €25k | €25k | €25k | €25k | = |
| Profit (loss) carried forward14 | €-82k | €-117k | €-113k | €-116k | €-114k | ▲ 1.2% |
| Amounts payable17/49 | €113k | €143k | €133k | €133k | €131k | ▼ 1.5% |
| Amounts payable within one year42/48 | €113k | €143k | €133k | €133k | €131k | ▼ 1.5% |
| Trade debts44 | €5k | €89 | €1k | €511 | €367 | ▼ 28.3% |
| Suppliers440/4 | €5k | €89 | €1k | €511 | €367 | ▼ 28.3% |
| Taxes, remuneration and social security45 | €3k | €6k | €5k | €3k | - | - |
| Taxes450/3 | €3k | €6k | €5k | €3k | - | - |
| Other amounts payable47/48 | €105k | €137k | €127k | €130k | €131k | ▲ 0.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €169k | €-34k | €4k | €-3k | €1k | ▲ 148% |
| + Depreciation and write-downs630 | €3k | €2k | €2k | €1k | €1k | ▼ 12.0% |
| Operating cash flow (approximation) | €172k | €-32k | €5k | €-2k | €2k | ▲ 254% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - | - |
| Change in cash | - | €-3k | €-2k | €-2k | €241 | ▲ 115% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
05-08
State Gazette act
Resignation: KALANTARIAN Jean Karen Yannick (manager)Appointments: KALANTARIAN Jean Karen Yannick (non-statutory director) and THILMANT Gaëtan Michel Pascal Edouard Etienne Ghislain (non-statutory director) · Share transfer · Statutes amendment11 facts ▸
State Gazette act
Resignation: KALANTARIAN Jean Karen Yannick (manager)
Appointments: KALANTARIAN Jean Karen Yannick (non-statutory director) and THILMANT Gaëtan Michel Pascal Edouard Etienne Ghislain (non-statutory director) · Share transfer · Statutes amendment11 facts ▸
- General meeting, 31/07/2026
- Share transfer, KALANTARIAN Jean Karen Yannick → THILMANT Gaëtan Michel Pascal Edouard Etienne Ghislain
- Statutes amendment
- Capital
- Name change, Multitalky
- Purpose change, L'exploitation de la marque « The pet Channel »... opérateur de services animaliers... consultance... digitalisation... intelligence artificielle...
- Director resignation, KALANTARIAN Jean Karen Yannick (manager)
- Director appointment, KALANTARIAN Jean Karen Yannick (non-statutory director)
- Director appointment, THILMANT Gaëtan Michel Pascal Edouard Etienne Ghislain (non-statutory director)
- Mandate compensation, KALANTARIAN Jean Karen Yannick
- Mandate compensation, THILMANT Gaëtan Michel Pascal Edouard Etienne Ghislain
2025
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
25-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 25 days late
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
31-12
Financial
Back to profitnet €169k
Net result €169k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
Show earlier events
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 57 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 59 days late
2016
15-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 46 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
THILMANT Gaëtan Michel Pascal Edouard Etienne Ghislain
CurrentNon-statutory director · since 31-07-2026
05-08-2026
KALANTARIAN Jean Karen Yannick: Resigned as Manager
31-07-2026
THILMANT Gaëtan Michel Pascal Edouard Etienne Ghislain: Appointed as Non-statutory director
31-07-2026
KALANTARIAN Jean Karen Yannick: Appointed as Non-statutory director
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2005
Ground area
168 m²
Building footprint
85 m²
Volume, LiDAR
961 m³
Parcel 21612C0174/00D005, Brussels · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
THE PET CHANNEL
since 20052.149.289.376
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0174/00D005 | Brussels | 168 m² | 1 · 85 m² | 14.2 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
Capital and shareholders
Shareholders according to the acts
Share transfer
act of 05-08-2026 ↗
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 05-08-2026 Capital stated in the act · 186 shares
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 13,417 companies in sector 73300 we hold annual accounts for 6,898. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-09-2005
Fiscal year end31-12
Legal name FR
Multitalky
Abbreviation FR
KALY
Activities, NACEBEL 2025
73300Public relations and communication consultancy
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
73110Advertising agencies
82300Organisation of conventions and trade shows
85592Vocational training
Scores and ratios are computed by Checked and are not a credit decision.