Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 5.3 to 1.
Financials
Financial year 2025
CALLEWAERT PALLETS from Wingene, company number BE0405214629, closed financial year 2025 with a result of € 1.9 million after tax. For that financial year CALLEWAERT PALLETS recorded revenue of € 18 million and equity of € 21.2 million. Compared with financial year 2024, the result moved from € 1.5 million to € 1.9 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 21.2 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.9 million
▲ 27% vs 2024
Profit after tax over the fiscal year.
€ 287,228
▲ 113% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 21.1 million.
People and assets in 2025
1
▼ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 57,226
▼ 59% vs 2024
€ 57,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 242,778
▼ 31% vs 2024
Of which on lease € 176,090.
Debts at end 2025
€ 2 million
▼ 5% vs 2024
€ 117,657 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 666,488
▼ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 16 days on average.
€ 227,317
▲ 52% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 26,257,992 | € 17,006,521 | € 14,396,006 | € 17,985,158 | ▲ 25% |
| Profit after taxes | € 5,693,938 | € 3,077,137 | € 1,506,777 | € 1,908,090 | ▲ 27% |
| Equity | € 14,977,942 | € 17,754,033 | € 19,260,809 | € 21,168,899 | ▲ 10% |
| Total debts | € 3,207,735 | € 5,555,731 | € 5,448,130 | € 4,723,455 | ▼ 13% |
| Cash | € 1,817,027 | € 378,496 | € 134,984 | € 287,228 | ▲ 113% |
| Retained profit | € 14,915,395 | € 17,692,533 | € 19,199,309 | € 21,107,399 | ▲ 10% |
| Dividend | € 200,000 | € 300,000 | € 0 | € 0 | |
| Bank debt | € 720,732 | € 2,377,222 | € 2,065,102 | € 1,958,898 | ▼ 5% |
| Balance sheet total | € 18,186,026 | € 23,309,764 | € 24,708,940 | € 25,892,354 | ▲ 5% |
| Employees (FTE) | 6.3 | 5.3 | 2.8 | 1 | ▼ 1.8 |
Key figures of CALLEWAERT PALLETS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to CALLEWAERT PALLETS?
What happened at CALLEWAERT PALLETS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- S-Works NV stepped down as director. NBB
- Krismar Stables NV stepped down as director. NBB
- Robert Switala stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.9 million (▲ 27% vs 2024). filed late Source: NBB ↗
- S-Works NV became a director. NBB
- Krismar Stables NV became a director. NBB
- Robert Switala became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 5.7 million profit in 2022 to € 1.9 million profit in 2025.
Paid € 3.4 million in corporate taxes since 2022.
Best year ever: 2022, with € 5.7 million profit.
Paid out € 500,000 in dividends to the owners in total.
Management
The stake of S-WORKS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CALLEWAERT PALLETSThe shares are held by S-WORKS (25.5%).
Directors
According to the 2025 annual accounts
Director · represented by Kris Callewaert
Also active at: STEELS CONSTRUCTIONS, KRISMAR, OROTRA, Allévi Invest, ECO LOGIX, GREENSTYLE, DUSOL
since 2016 · until 2029
Director · represented by Katrien Goemaere
Also active at: STEELS CONSTRUCTIONS, KRISMAR, OROTRA, Allévi Invest
since 2016 · until 2029
Robert Switala
Director
since 2016 · until 2029
Shareholders
25.5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Beernemsteenweg 61
8750 Wingene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0405.214.629
- VAT number
- BE 0405.214.629
- Registered office
- Beernemsteenweg 61, 8750 Wingene
- Names & denominations
- CALLEWAERT PALLETS · T.S.C.P.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 July 1959
- Peppol
- Active · Active since 12 Dec 2025
- Contact
- callewaertpallets.be
- Activities · NACE
Groothandel in hout
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Overige vrachtbehandeling, exclusief in zeehavens
Vervaardiging van houten emballage
Niet-gespecialiseerde groothandel
Terugwinning van materialen uit afval
Terugwinning van overig gesorteerd afval