ACTIVE

CALI EVOLUTION

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Financial year 2025 · closed on 31/12/2025

Net result

51,1 k €

+52.6% YoY

Gross margin

101,8 k €

+47.2% YoY

Equity

110,9 k €

+85.6% YoY

What does CALI EVOLUTION do?

CALI EVOLUTION is a Private limited company incorporated in 1997. Its main activity is: Management consultancy activities. Its registered office is in Schaerbeek.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0462.097.013

Incorporation

12/12/1997

Legal form

Private limited company

Registered office

Rue André Van Hasselt 35
1030 Schaerbeek · BruxellesSee on map

Contributed capital

22 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Joint committees (2)

14901
201

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	101,8 k €	+47.2%	69,2 k €	-20.5%	87,0 k €	-68.8%	278,5 k €	+883%	28,3 k €	+32.3%	21,4 k €	-27.9%	29,7 k €	-55.1%	66,1 k €	+0.8%	65,6 k €	+3.9%	63,1 k €	+61.0%	39,2 k €	+159%	15,2 k €	+6.5%	14,2 k €	+1.5%	14,0 k €	+43.0%	9,8 k €	-69.2%	31,9 k €	-89.2%	296,5 k €	+12.2%	264,3 k €	-12.6%	302,4 k €	+5.5%	286,7 k €
EBITDA	101,4 k €	+92.7%	52,6 k €	-38.9%	86,1 k €	-68.7%	274,9 k €	+891%	27,7 k €	+31.8%	21,1 k €	-0.9%	21,3 k €	-63.3%	57,8 k €	+0.6%	57,5 k €	+4.4%	55,1 k €	+76.8%	31,2 k €	+373%	6,6 k €	+20.4%	5,5 k €	+25.0%	4,4 k €	+219%	1,4 k €	+101%	-150,7 k €	-339%	63,0 k €	+17.8%	53,4 k €	-39.0%	87,6 k €	-9.5%	96,8 k €
Operating result	90,3 k €	+53.8%	58,7 k €	-3.7%	61,0 k €	-77.1%	266,4 k €	+1089%	22,4 k €	+49.7%	15,0 k €	-9.8%	16,6 k €	-68.8%	53,2 k €	+0.8%	52,7 k €	+5.5%	50,0 k €	+95.3%	25,6 k €	+1749%	1,4 k €	+121%	624,4 €	+233%	-470,7 €	+86.5%	-3,5 k €	+97.8%	-155,8 k €	-716%	25,3 k €	+96.2%	12,9 k €	-70.7%	43,9 k €	-24.9%	58,4 k €
Net result	51,1 k €	+52.6%	33,5 k €	-6.7%	35,9 k €	-81.1%	190,5 k €	+1639%	11,0 k €	+0.1%	10,9 k €	-3.7%	11,4 k €	-78.6%	53,1 k €	+0.7%	52,7 k €	+5.5%	49,9 k €	+94.8%	25,6 k €	+1428%	1,7 k €	+53.9%	1,1 k €	-33.5%	1,6 k €	+64.7%	995,0 €	+101%	-158,9 k €	-507%	39,1 k €	+131%	16,9 k €	-13.8%	19,6 k €	-56.9%	45,5 k €
Balance sheet
Equity	110,9 k €	+85.6%	59,7 k €	+6.2%	56,2 k €	-67.0%	170,3 k €	+211%	54,8 k €	-58.7%	132,9 k €	-54.5%	291,9 k €	+4.0%	280,6 k €	+23.3%	227,5 k €	-10.7%	254,8 k €	-0.0%	254,9 k €	+11.2%	229,3 k €	-8.9%	251,6 k €	-40.3%	421,7 k €	+0.4%	420,0 k €	+0.2%	419,0 k €	-27.5%	577,9 k €	+34.5%	429,7 k €	+1.0%	425,5 k €	+0.3%	424,4 k €
Total assets	303,8 k €	-10.5%	339,4 k €	-8.5%	370,8 k €	-22.1%	476,3 k €	+79.5%	265,4 k €	+37.5%	193,0 k €	-35.0%	297,1 k €	+3.7%	286,5 k €	+10.2%	259,9 k €	+0.9%	257,5 k €	+0.2%	257,0 k €	+0.2%	256,3 k €	+0.5%	255,0 k €	-40.3%	427,0 k €	+1.0%	422,6 k €	-1.0%	426,9 k €	-49.5%	844,9 k €	-3.6%	876,7 k €	+2.0%	859,7 k €	-6.7%	921,1 k €
Cash	17,5 k €	-38.9%	28,7 k €	-17.6%	34,8 k €	-81.1%	184,4 k €	+1686%	10,3 k €	+378%	2,2 k €	-97.9%	100,5 k €	+17.9%	85,3 k €	+57.9%	54,0 k €	+16.2%	46,5 k €	+13.9%	40,8 k €	+18.3%	34,5 k €	+10.0%	31,3 k €	-82.0%	174,1 k €	-8.5%	190,4 k €	+4.4%	182,4 k €	+365%	39,2 k €	-56.8%	90,8 k €	+254%	25,6 k €	-48.9%	50,1 k €
Debts	193,0 k €	-31.0%	279,7 k €	-11.1%	314,6 k €	+2.8%	306,0 k €	+45.3%	210,6 k €	+250%	60,1 k €	+1066%	5,2 k €	-13.4%	6,0 k €	-81.6%	32,4 k €	+1105%	2,7 k €	+31.4%	2,0 k €	-92.4%	27,0 k €	+692%	3,4 k €	-36.1%	5,3 k €	+107%	2,6 k €	-67.3%	7,9 k €	-97.0%	266,3 k €	-40.3%	446,2 k €	+3.0%	433,4 k €	-11.8%	491,4 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		2,7 ETP	-57.1%	6,3 ETP	+14.5%	5,5 ETP	-5.2%	5,8 ETP	+13.7%	5,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

IFIMMO

Director · since 12 décembre 2023 · 0427.906.194

Represented by Véronique Calicis

Active

Denis Knoops

Director · since 28 août 2020

Active

Ended mandates

Véronique Calicis

Director · since 28 août 2020 · until 12 décembre 2023

Ended

Véronique Calicis

Director · since 28 août 2020

Ended

ELISA BEFAYS

Manager · since 03 décembre 1997

Ended

ERIC BEFAYS

Manager · since 03 décembre 1997

Ended

At this address

Other companies at this address

Company	CBE no.
KOMILO● Active	0798.483.511
MAVERICK● Active	0788.843.887

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Micro model	Micro model	Micro 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	30/06/2026	10/07/2025	06/08/2024	31/07/2023	11/08/2022	31/08/2021
General meeting	09/06/2026	10/06/2025	11/06/2024	13/06/2023	14/06/2022	08/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	09/06/2026	30/06/2026	French	PDF
Abridged model	31/12/2024	10/06/2025	10/07/2025	French	PDF
Micro model	31/12/2023	11/06/2024	06/08/2024	French	PDF
Micro model	31/12/2022	13/06/2023	31/07/2023	French	PDF
Micro model	31/12/2021	14/06/2022	11/08/2022	French	PDF
Micro model	31/12/2020	08/06/2021	31/08/2021	French	PDF
Micro model	31/12/2019	09/06/2020	30/06/2020	French	PDF
Micro model	31/12/2018	11/06/2019	23/07/2019	French	PDF
Micro model	31/12/2017	12/06/2018	26/07/2018	French	PDF
Micro model	31/12/2016	13/06/2017	05/07/2017	French	PDF
Abridged model	31/12/2015	14/06/2016	07/07/2016	French	PDF
Abridged model	31/12/2014	09/06/2015	10/06/2015	French	PDF
Abridged model	31/12/2013	10/06/2014	11/06/2014	French	PDF
Abridged model	31/12/2012	11/06/2013	13/06/2013	French	PDF
Abridged model	31/12/2011	12/06/2012	15/06/2012	French	PDF
Abridged model	31/12/2010	14/06/2011	15/06/2011	French	PDF
Abridged model	31/12/2009	08/06/2010	09/06/2010	French	PDF
Abridged model	31/12/2008	09/06/2009	10/06/2009	French	PDF
Abridged model	31/12/2007	10/06/2008	11/06/2008	French	PDF
Abridged model	31/12/2006	12/06/2007	27/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

IFIMMO

Director · since 12 décembre 2023 · 0427.906.194

Represented by Véronique Calicis

Active

Denis Knoops

Director · since 28 août 2020

Active

Ended mandates

Véronique Calicis

Director · since 28 août 2020 · until 12 décembre 2023

Ended

Véronique Calicis

Director · since 28 août 2020

Ended

ELISA BEFAYS

Manager · since 03 décembre 1997

Ended

ERIC BEFAYS

Manager · since 03 décembre 1997

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/01/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates01/09/2020
MODIFICATION FORME JURIDIQUE - DENOMINATION - SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Capital / shares11/01/2018
CAPITAL, ACTIONS
PDF
Registered office23/09/2016
SIEGE SOCIAL
PDF
Capital / shares12/02/2013
OBJET - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office30/07/2010
SIEGE SOCIAL
PDF
Capital / shares18/01/2010
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Capital / shares06/04/2006
ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202551,1 k €↑
2024
Annual accounts 202433,5 k €↓
2023
Annual accounts 202335,9 k €↓
2022
Annual accounts 2022190,5 k €↑
2021
Annual accounts 202111,0 k €↑
2020
Annual accounts 202010,9 k €↓
2020
Name changeCALI EVOLUTION
2019
Annual accounts 201911,4 k €↓
2018
Annual accounts 201853,1 k €↑
2017
Annual accounts 201752,7 k €↑
2016
Annual accounts 201649,9 k €↑
2015
Annual accounts 201525,6 k €↑
2014
Annual accounts 20141,7 k €↑
2013
Annual accounts 20131,1 k €↓
2012
Annual accounts 20121,6 k €↑
2011
Annual accounts 2011995,0 €↑
2010
Annual accounts 2010-158,9 k €↓
2009
Annual accounts 200939,1 k €↑
2008
Annual accounts 200816,9 k €↓
2007
Annual accounts 200719,6 k €↓
2006
Annual accounts 200645,5 k €
2006
Name changeBEFAYS EVOLUTION
12/12/1997
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CALI EVOLUTION

Overview

What does CALI EVOLUTION do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline