CHAD
ActiveSummary
CHAD has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €347k and a net result of €55k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 60% of 2179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+9
Solvency73▲+1
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 1.84 against 1.58 in 2024; short-term debt: 45.9% and cash: 11.9% of total assets), but 52.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
47.7%
Return on assets
7.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 15-04-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
on the day
2023
1 d early
2022
2 d early
2021
32 d early
2020
on the day
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€347k▲ 7.7%
2024 · €322k
2018: €329k
2019: €314k
2020: €275k
2021: €342k
2022: €325k
2023: €320k
2024: €322k
2018 → 2025
Total assets
€726k▲ 6.0%
2024 · €685k
2018: €792k
2019: €796k
2020: €964k
2021: €1.14M
2022: €1.11M
2023: €939k
2024: €685k
2018 → 2025
Net result
€55k▲ 2,553%
2024 · €2k
2018: €44k
2019: €6k
2020: €-19k
2021: €157k
2022: €11k
2023: €29k
2024: €2k
2018 → 2025
Working capital
€279k▲ 33.8%
2024 · €208k
2018: €239k
2019: €250k
2020: €179k
2021: €196k
2022: €170k
2023: €185k
2024: €208k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€342k-€325k▼ 5.0%€320k▼ 1.6%€322k▲ 0.6%€347k▲ 7.7%
Operating result€174k-€15k▼ 91.5%€36k▲ 143%€-721€61k
Net result€157k-€11k▼ 92.7%€29k▲ 154%€2k▼ 92.9%€55k▲ 2,553%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €61k after a loss of €721 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €726k
Fixed assets
€114k ▼ 4.2%
Current assets
€612k ▲ 8.2%
Equity and liabilities €726k
Equity
€347k ▲ 7.7%
Debt
€379k ▲ 4.5%
Debt's share of the balance-sheet total falls from 53.0% to 52.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€134k▲
2024 · €82k
Cash flow
€128k▲
2024 · €85k
Current ratio
1.84▲
2024 · 1.58
Quick ratio
1.74▲
2024 · 1.30
Debt to equity
1.09▼
2024 · 1.13
ROE
15.8%▲
2024 · 0.6%
ROA
7.6%▲
2024 · 0.3%
Interest coverage
56.30▲
2024 · 33.37
Debt ≤ 1 year
€333k▼
2024 · €357k
Debt > 1 year
€6k▲
2024 · €0
Income taxes
€11k▲
2024 · €2k
Staff costs
€139k▲
2024 · €118k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€685k€726k▲
Fixed assets21/28€119k€114k▼
Tangible fixed assets22/27€100k€95k▼
Plant, machinery and equipment23€60k€15k▼
Furniture and vehicles24€40k€80k▲
Leasing and similar rights25€0-
Financial fixed assets28€19k€19k=
Current assets29/58€565k€612k▲
Stocks and contracts in progress3€100k€32k▼
Stocks30/36€56k€32k▼
Contracts in progress37€44k€0▼
Amounts receivable within one year40/41€424k€487k▲
Trade receivables40€220k€230k▲
Other amounts receivable41€204k€257k▲
Cash at bank and in hand54/58€34k€86k▲
Deferred charges and accrued income490/1€7k€7k▼
Equity and liabilities
Total equity and liabilities10/49€685k€726k▲
Equity10/15€322k€347k▲
Contributions10/11€30k€30k=
Reserves13€292k€317k▲
Distributable reserves133€292k€317k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€363k€379k▲
Amounts payable after more than one year17€0€6k▲
Financial debts170/4€0€6k▲
Amounts payable within one year42/48€357k€333k▼
Current portion of amounts payable after more than one year42€36k€23k▼
Financial debts43€4k€0▼
Credit institutions430/8€4k€0▼
Trade debts44€311k€264k▼
Suppliers440/4€311k€264k▼
Taxes, remuneration and social security45€7k€16k▲
Taxes450/3€1k€3k▲
Remuneration and social security454/9€6k€13k▲
Other amounts payable47/48€0€30k▲
Accrued charges and deferred income492/3€6k€40k▲
Income statement
Code20242025
Remuneration, social security and pensions62€118k€139k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83k€73k▼
Other operating charges640/8€5k€5k▼
Non-recurring operating charges66A-€39k
Gross operating margin9900€205k€317k▲
Operating profit (loss)9901€-721€61k▲
Financial income75/76B€7k€8k▲
Recurring financial income75€7k€8k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€4k€66k▲
Income taxes67/77€2k€11k▲
Profit (loss) for the period9904€2k€55k▲
Profit (loss) for the period to be appropriated9905€2k€55k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€55k▲
Transfer from equity791/2€0-
Transfer to equity691/2€2k€25k▲
To other reserves6921€2k€25k▲
Profit to be distributed694/7€0€30k▲
Return on contributions (dividend)694€0-
Directors or managers695€0€30k▲
Social balance
Average headcount (FTE)90872.22.4▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Back to profitnet €157k
Net result €157k after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Weakest financial yearnet €-19k ▼440%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Roeselare · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rode-Beukenstraat 218800 RoeselareGround area
814 m²
Building footprint
166 m²
Volume, LiDAR
865 m³
Parcel 36302B1300/00B003, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CHAD
since 20022.114.883.872
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36302B1300/00B003 | Flanders | 814 m² | 1 · 166 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,802 EUR awarded · 2,802 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,098 EUR | 1,098 EUR |
| 2024 | 1 | 571 EUR | 571 EUR |
| 2023 | 1 | 374 EUR | 374 EUR |
| 2022 | 1 | 759 EUR | 759 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Hechtel-Eksel · Eq €345k
VANDEZANDE
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EDJI
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Manage · Eq €339k
Of 2,451 companies in sector 41003 we hold annual accounts for 1,054. 672 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-03-2001
Fiscal year end30-09
Activities, NACEBEL 2025
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.