CALSA
0405.817.910 · rovalta.com · 21/09/2026
ACTIVE
CALSA
Financial year 2025 · closed on 31/12/2025
Net result
1,1 M €
+5.6% YoY
Revenue
49,6 M €
-1.3% YoY
Equity
9,2 M €
+6.0% YoY
Workforce
17,5 ETP
+4.2% YoY
Overview
What does CALSA do?
CALSA is a Public limited company incorporated in 1950. Its registered office is in Ardooie. It employs on average 17,5 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0405.817.910
Incorporation
17/02/1950
Legal form
Public limited company
Registered office
Roeselaarsestraat 9 box B
8850 Ardooie · FlandreSee on map
8850 Ardooie · FlandreSee on map
Contributed capital
350 000,00 €
Latest accounts
31/12/2025
Average workforce
17,5 ETP
Joint committees (5)
- 119
- 11900
- 200
- 20000
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Available with a Rovalta subscriptionTry for 7 days
Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Revenue | 49,6 M € | -1.3% | 50,2 M € | -18.3% | 61,5 M € | +20.5% | 51 M € | +1.4% | 50,3 M € | +26.8% | 39,7 M € | +6.2% | 37,4 M € | -3.3% | 38,7 M € | +0.5% | 38,5 M € | -14.5% | 45 M € | +4.6% | 43 M € | -12.9% | 49,4 M € | +9.7% | 45 M € | +26.0% | 35,7 M € | -16.6% | 42,8 M € | +14.9% | 37,3 M € | -14.6% | 43,7 M € | +13.2% | 38,6 M € | +24.2% | 31 M € |
| EBITDA | 1,9 M € | -0.9% | 1,9 M € | -25.6% | 2,6 M € | +69.6% | 1,5 M € | +18.1% | 1,3 M € | +9.4% | 1,2 M € | +19.9% | 991,1 k € | -14.7% | 1,2 M € | +22.9% | 945 k € | -33.7% | 1,4 M € | +19.6% | 1,2 M € | -24.9% | 1,6 M € | +11.1% | 1,4 M € | +77.6% | 804,9 k € | -39.3% | 1,3 M € | +23.4% | 1,1 M € | -15.2% | 1,3 M € | -18.4% | 1,6 M € | +92.8% | 805,2 k € |
| Operating result | 1,4 M € | +1.8% | 1,4 M € | -35.4% | 2,2 M € | +80.4% | 1,2 M € | +7.8% | 1,1 M € | +60.3% | 691,7 k € | +13.8% | 608,1 k € | -13.2% | 700,6 k € | +31.2% | 533,8 k € | -44.6% | 963,1 k € | +91.9% | 501,8 k € | -41.4% | 856,6 k € | -2.2% | 876 k € | +82.1% | 481 k € | -54.0% | 1 M € | +71.8% | 608,6 k € | -31.2% | 885,1 k € | -17.2% | 1,1 M € | +74.0% | 614,6 k € |
| Net result | 1,1 M € | +5.6% | 998,7 k € | -33.2% | 1,5 M € | +72.4% | 867,5 k € | +7.6% | 806,2 k € | +66.9% | 483,2 k € | +22.9% | 393,1 k € | -0.3% | 394,4 k € | +3.5% | 381,1 k € | +3.4% | 368,4 k € | +2.5% | 359,3 k € | -37.9% | 578,9 k € | -5.9% | 615,4 k € | +58.5% | 388,3 k € | -47.6% | 741,5 k € | +62.5% | 456,4 k € | -33.4% | 684,7 k € | -1.7% | 696,7 k € | +38.0% | 505 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 9,2 M € | +6.0% | 8,7 M € | +5.5% | 8,2 M € | +18.3% | 7 M € | +11.1% | 6,3 M € | +20.2% | 5,2 M € | +6.1% | 4,9 M € | -10.4% | 5,5 M € | +18.2% | 4,6 M € | +4.4% | 4,4 M € | +4.3% | 4,3 M € | +4.3% | 4,1 M € | -3.9% | 4,3 M € | +16.9% | 3,6 M € | +12.0% | 3,2 M € | +29.6% | 2,5 M € | +1.5% | 2,5 M € | +8.1% | 2,3 M € | -11.9% | 2,6 M € |
| Total assets | 15,6 M € | -7.6% | 16,9 M € | +3.1% | 16,4 M € | +11.4% | 14,7 M € | +12.0% | 13,1 M € | +2.9% | 12,7 M € | -7.5% | 13,8 M € | -5.9% | 14,6 M € | +42.9% | 10,2 M € | -0.5% | 10,3 M € | -2.4% | 10,6 M € | -13.4% | 12,2 M € | +24.0% | 9,8 M € | +19.0% | 8,3 M € | +0.2% | 8,2 M € | +14.9% | 7,2 M € | -19.7% | 8,9 M € | +11.3% | 8 M € | +20.4% | 6,7 M € |
| Cash | 995,2 k € | -40.2% | 1,7 M € | -5.3% | 1,8 M € | -17.6% | 2,1 M € | -2.7% | 2,2 M € | +166% | 825,4 k € | +91.4% | 431,3 k € | -84.7% | 2,8 M € | -8.1% | 3,1 M € | +15.1% | 2,7 M € | +18.1% | 2,3 M € | -45.8% | 4,2 M € | +17.7% | 3,5 M € | +23.7% | 2,9 M € | -10.7% | 3,2 M € | +27.4% | 2,5 M € | +9.7% | 2,3 M € | +179% | 821,4 k € | +2.9% | 798 k € |
| Debts | 6,4 M € | -22.0% | 8,2 M € | +1.4% | 8,1 M € | +4.6% | 7,7 M € | +12.8% | 6,9 M € | -9.0% | 7,5 M € | -15.1% | 8,9 M € | -3.1% | 9,2 M € | +63.2% | 5,6 M € | -4.3% | 5,9 M € | -7.0% | 6,3 M € | -22.3% | 8,1 M € | +45.3% | 5,6 M € | +20.9% | 4,6 M € | -6.9% | 5 M € | +6.1% | 4,7 M € | -27.8% | 6,5 M € | +12.5% | 5,8 M € | +41.0% | 4,1 M € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 17,5 ETP | +4.2% | 16,8 ETP | -19.6% | 20,9 ETP | +5.0% | 19,9 ETP | +2.1% | 19,5 ETP | +6.0% | 18,4 ETP | +3.4% | 17,8 ETP | -0.6% | 17,9 ETP | -9.6% | 19,8 ETP | +7.0% | 18,5 ETP | +1.1% | 18,3 ETP | 0.0% | 18,3 ETP | +5.2% | 17,4 ETP | +17.6% | 14,8 ETP | -3.9% | 15,4 ETP | -6.1% | 16,4 ETP | +7.2% | 15,3 ETP | +9.3% | 14,0 ETP | +5.3% | 13,3 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 43 ended
Active mandates
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
ARDELICE● Active | 0668.465.305 |
Calsa Logistics● Active | 0400.123.812 |
FRAMIBEL● Active | 0711.955.848 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 23/06/2026 | 13/06/2025 | 19/06/2024 | 22/06/2023 | 27/06/2022 | 30/06/2021 |
| General meeting | 06/06/2026 | 07/06/2025 | 01/06/2024 | 03/06/2023 | 04/06/2022 | 31/05/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 06/06/2026 | 23/06/2026 | Dutch | |
| Full model | 31/12/2024 | 07/06/2025 | 13/06/2025 | Dutch | |
| Full model | 31/12/2023 | 01/06/2024 | 19/06/2024 | Dutch | |
| Full model | 31/12/2022 | 03/06/2023 | 22/06/2023 | Dutch | |
| Full model | 31/12/2021 | 04/06/2022 | 27/06/2022 | Dutch | |
| Full model | 31/12/2020 | 31/05/2021 | 30/06/2021 | Dutch | |
| Full model | 31/12/2019 | 15/06/2020 | 15/07/2020 | Dutch | |
| Full model | 31/12/2018 | 27/05/2019 | 27/06/2019 | Dutch | |
| Full model | 31/12/2017 | 29/08/2018 | 26/09/2018 | Dutch | |
| Full model | 31/12/2016 | 29/06/2017 | 24/07/2017 | Dutch | |
| Full model | 31/12/2015 | 29/06/2016 | 27/07/2016 | Dutch | |
| Full model | 31/12/2014 | 25/05/2015 | 10/07/2015 | Dutch | |
| Full model | 31/12/2013 | 26/05/2014 | 22/08/2014 | Dutch | |
| Full model | 31/12/2012 | 27/05/2013 | 29/08/2013 | Dutch | |
| Full model | 31/12/2011 | 29/05/2012 | 31/07/2012 | Dutch | |
| Full model | 31/12/2010 | 30/05/2011 | 27/07/2011 | Dutch | |
| Full model | 31/12/2009 | 31/05/2010 | 30/07/2010 | Dutch | |
| Full model | 31/12/2008 | 25/05/2009 | 29/06/2009 | Dutch | |
| Full model | 31/12/2007 | 07/03/2008 | 31/07/2008 | Dutch | |
| Full model | 31/12/2006 | 28/05/2007 | 31/05/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 10 M€ and 25 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 43 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Restructuring15/07/2024RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring14/05/2024RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates22/12/2023ONTSLAGEN - BENOEMINGEN
- Restructuring14/09/2023KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring26/06/2023RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates10/06/2022ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
- Mandates05/01/2022ONTSLAGEN - BENOEMINGEN
- Mandates24/09/2020ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20251,1 M €↑
- 2024Annual accounts 2024998,7 k €↓
- 2023Annual accounts 20231,5 M €↑
- 2022Annual accounts 2022867,5 k €↑
- 2021Annual accounts 2021806,2 k €↑
- 2019Annual accounts 2019483,2 k €↑
- 2018Annual accounts 2018393,1 k €↓
- 2018Name changeCalsa
- 2017Annual accounts 2017394,4 k €↑
- 2016Annual accounts 2016381,1 k €↑
- 2015Annual accounts 2015368,4 k €↑
- 2014Annual accounts 2014359,3 k €↓
- 2013Annual accounts 2013578,9 k €↓
- 2012Annual accounts 2012615,4 k €↑
- 2011Annual accounts 2011388,3 k €↓
- 2010Annual accounts 2010741,5 k €↑
- 2009Annual accounts 2009456,4 k €↓
- 2008Annual accounts 2008684,7 k €↓
- 2007Annual accounts 2007696,7 k €↑
- 2006Annual accounts 2006505 k €
- 2006Name changeCentrale van Aardappelen, Landbouwprodukten en Sproeistoffen, Vanhaverbeke en Consoorten te Ardooie
- 17/02/1950IncorporationPublic limited company