Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CALLENS WILLY from Waregem, company number BE0419765520, closed financial year 2025 with a result of € 6.1 million after tax. For that financial year CALLENS WILLY recorded revenue of € 70.8 million and equity of € 14.4 million. Compared with financial year 2024, the result moved from € 6.1 million to € 6.1 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 14.4 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6.1 million
▲ 1% vs 2024
Profit after tax over the fiscal year.
€ 10 million
▲ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4.5 million paid out
74 % of the profit went to the shareholders, mostly to CALMAN (100 % of the shares). That is where the money ends up.
People and assets in 2025
202
▲ 18.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 18.4 million
▲ 14% vs 2024
€ 90,900 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.
€ 1.6 million
▲ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.8 million
▼ 18% vs 2024
€ 395,000 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 4.2 million
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 32 days on average.
€ 2.7 million
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 44,147,733 | € 54,930,720 | € 67,245,156 | € 70,814,878 | ▲ 5% |
| Profit after taxes | € 2,309,507 | € 4,693,539 | € 6,080,635 | € 6,142,359 | ▲ 1% |
| Equity | € 10,984,406 | € 11,677,945 | € 12,758,580 | € 14,379,938 | ▲ 13% |
| Total debts | € 30,892,380 | € 40,091,351 | € 52,090,876 | € 53,179,953 | ▲ 2% |
| Cash | € 5,550,043 | € 6,822,278 | € 5,611,208 | € 9,959,254 | ▲ 77% |
| Land & buildings | € 1,428,574 | € 993,577 | € 886,367 | € 894,615 | ▲ 1% |
| Retained profit | € 10,881,225 | € 11,574,764 | € 12,655,398 | € 14,276,757 | ▲ 13% |
| Dividend | € 1,300,000 | € 4,000,000 | € 5,000,000 | € 4,521,000 | ▼ 10% |
| Bank debt | € 2,987,499 | € 2,592,499 | € 2,197,499 | € 1,802,499 | ▼ 18% |
| Balance sheet total | € 42,392,315 | € 52,579,544 | € 65,952,238 | € 69,020,587 | ▲ 5% |
| Employees (FTE) | 167.5 | 172.3 | 183.3 | 202 | ▲ 18.7 |
Key figures of CALLENS WILLY, 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 CALLENS WILLY?
What happened at CALLENS WILLY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- CALMAN BV stepped down as director. NBB
- MEWIMAN BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6.1 million (▲ 1% vs 2024). Source: NBB ↗
- New establishment in Laakdal. KBO
- New establishment in Awans. KBO
- CALMAN BV became a director. NBB
- MEWIMAN BV became a director. NBB
- New establishment in Geel. KBO
In short
From € 2.3 million profit in 2022 to € 6.1 million profit in 2025.
Paid € 1.8 million in corporate taxes since 2022.
Best year ever: 2025, with € 6.1 million profit.
Paid out € 14.8 million in dividends to the owners in total.
Management
The stake of CALMAN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CALLENS WILLYThe shares are held by CALMAN (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Annick CALLENS
Also active at: callensvyncke, Optimum by Callens
since 2020 · until 2030
Managing director · represented by Windy MOERMAN
Also active at: CALMAN IMMO, CALMAN, Optimum by Callens
since 2019 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrielaan 21
8790 Waregem
Janssen-Pharmaceuticalaan 4
2440 Geel
Active since 1 October 2016
Lozen Boer 37
9080 Lochristi
Active since 1 January 2014
Rue de la Chaudronnerie 11
4340 Awans
Active since 19 January 2021
Nikelaan 17
2430 Laakdal
Active since 1 June 2024
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.
Details
- Company number
- 0419.765.520
- VAT number
- BE 0419.765.520
- Registered office
- Industrielaan 21, 8790 Waregem
- Names & denominations
- CALLENS WILLY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 September 1979
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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Installatie van verwarming, klimaatregeling en ventilatie