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 29 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Callens from Menen, company number BE0425280365, closed financial year 2024 with a result of € -52,857 after tax. For that financial year Callens recorded revenue of € 32.3 million and equity of € 16.8 million. Compared with financial year 2023, the result moved from € 475,799 to € -52,857. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 22, 2025.
€ 16.8 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -52,857
▼ still € 475,799 profit in 2023
Profit after tax over the fiscal year.
€ 139,530
▲ € 131,185 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 15.2 million.
People and assets in 2024
34.7
▼ 0.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 2.4 million
▲ 6% vs 2023
€ 68,000 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
▼ 27% vs 2023
Of which on lease € 1.2 million.
Debts at end 2024
€ 16.5 million
▼ 9% vs 2023
€ 2.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 7.2 million
▼ 3% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 99 days on average.
€ 486,964
▲ 6% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 45,485,899 | € 47,366,399 | € 36,159,527 | € 32,340,788 | ▼ 11% |
| Profit after taxes | € 1,622,258 | € 1,767,945 | € 475,799 | € -52,857 | ▼ € 528,656 |
| Equity | € 14,633,329 | € 16,401,274 | € 16,877,073 | € 16,824,216 | |
| Total debts | € 18,119,510 | € 26,470,546 | € 26,559,574 | € 24,584,004 | ▼ 7% |
| Cash | € 351,553 | € 160,325 | € 8,345 | € 139,530 | ▲ € 131,185 |
| Land & buildings | € 2,477,499 | € 2,296,295 | € 2,107,369 | € 2,003,379 | ▼ 5% |
| Retained profit | € 12,983,329 | € 14,751,274 | € 15,227,073 | € 15,174,216 | |
| Bank debt | € 11,141,297 | € 17,845,125 | € 18,071,462 | € 16,493,020 | ▼ 9% |
| Balance sheet total | € 32,994,426 | € 42,975,668 | € 43,517,257 | € 41,465,592 | ▼ 5% |
| Employees (FTE) | 32 | 31.2 | 35.1 | 34.7 | ▼ 0.4 |
Key figures of Callens, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Callens?
What happened at Callens in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- S.A.M. BV stepped down as director. NBB
- N.R.T. MANAGEMENT BV stepped down as director. NBB
- LA LICORNE NV stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 52,857 (▼ € 528,656 vs 2023). filed late Source: NBB ↗
- S.A.M. BV became a director. NBB
- N.R.T. MANAGEMENT BV became a director. NBB
- LA LICORNE NV became a director. NBB
- New establishment in Menen. KBO
In short
From € 1.6 million profit in 2021 to € 52,857 loss in 2024.
Paid € 1.5 million in corporate taxes since 2021.
Best year ever: 2022, with € 1.8 million profit.
Pays suppliers within 99 days on average.
Management
The stake of S.A.M. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CallensThe shares are held by S.A.M. (90%).
Directors
According to the 2024 annual accounts
since 2023 · until 2029
Director · represented by JORIS VERHAEGHE
since 2023 · until 2029
Managing director · represented by SAM MAELFAIT
since 2023 · until 2029
Shareholders
90%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Waterstraat 25
8930 Menen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.280.365
- VAT number
- BE 0425.280.365
- Registered office
- Waterstraat 25, 8930 Menen
- Names & denominations
- Callens
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 1983
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
Groothandel in hout