CHADESS
ActiveCHADESS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €76k and a net result of €-27k. Equity is shrinking by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 32% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▲+19
Solvency37▼-3
Growth53▲+21
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity short (current ratio 0.08 against 0.07 in 2023; short-term debt: 27.4% and cash: 1.3% of total assets), and 87.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 47
Relative position
BE, all sectors
reference
Sector 47
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
12.1%
Return on assets
-4.2%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-27k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-07-2025, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
8 d early
2023
55 d early
2022
32 d early
2021
38 d early
2020
16 d early
2019
52 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€119k▲ 18.3%
2023 · €101k
2023: €101k
2023 → 2024
EBIT margin
-11.3%▲ 16.3pp
2023 · -27.6%
2023: -27.6%
2023 → 2024
Net result
€-27k▲ 43.8%
2023 · €-48k
2018: €8k
2019: €-6k
2020: €-17k
2021: €-12k
2022: €-30k
2023: €-48k
2018 → 2024
Working capital
€-159k▲ 11.1%
2023 · €-179k
2018: €-88k
2019: €-124k
2020: €-161k
2021: €-182k
2022: €-177k
2023: €-179k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€101k€119k▲ 18.3%
Equity€193k-€181k▼ 6.4%€151k▼ 16.6%€103k▼ 31.6%€76k▼ 25.9%
Operating result€-4k-€690€-12k€-28k▼ 135%€-13k▲ 51.6%
Net result€-17k-€-12k▲ 26.7%€-30k▼ 144%€-48k▼ 58.8%€-27k▲ 43.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2024 against €28k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €632k
Fixed assets
€618k▼ 10.3%
Current assets
€14k▼ 5.8%
Equity and liabilities €632k
Equity
€76k▼ 25.9%
Debt
€556k▼ 7.5%
The debt ratio rises from 85.4% to 87.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€62k▲
2023 · €52k
Cash flow
€49k▲
2023 · €32k
Solvency
12.1%▼
2023 · 14.6%
Current ratio
0.08▲
2023 · 0.07
Quick ratio
0.08▲
2023 · 0.07
Debt / equity
7.28▲
2023 · 5.83
ROE
-35.0%▲
2023 · -46.1%
ROA
-4.2%▲
2023 · -6.8%
Interest coverage
12.63▲
2023 · 3.04
Debt
€556k▼
2023 · €601k
Debt ≤ 1 year
€173k▼
2023 · €194k
Debt > 1 year
€383k▼
2023 · €407k
Income taxes
€8k▲
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€704k€632k▼
Fixed assets21/28€689k€618k▼
Intangible fixed assets21€449k€393k▼
Tangible fixed assets22/27€241k€226k▼
Land and buildings22€205k€198k▼
Plant, machinery and equipment23€35k€28k▼
Furniture and vehicles24€199€49▼
Current assets29/58€14k€14k▼
Amounts receivable within one year40/41€2k€5k▲
Trade receivables40€2k€3k▲
Other amounts receivable41-€1k
Cash at bank and in hand54/58€13k€8k▼
Deferred charges and accrued income490/1-€814
Equity and liabilities
Total equity and liabilities10/49€704k€632k▼
Equity10/15€103k€76k▼
Contributions10/11€20k€20k=
Reserves13€146k€146k=
Tax-exempt reserves132€24k€24k=
Distributable reserves133€121k€121k=
Profit (loss) carried forward14€-63k€-89k▼
Amounts payable17/49€601k€556k▼
Amounts payable after more than one year17€407k€383k▼
Financial debts170/4€407k€383k▼
Amounts payable within one year42/48€194k€173k▼
Current portion of amounts payable after more than one year42€32k€25k▼
Financial debts43€10k€5k▼
Credit institutions430/8€10k€5k▼
Trade debts44€10k€3k▼
Suppliers440/4€10k€3k▼
Taxes, remuneration and social security45€3k€8k▲
Taxes450/3€3k€8k▲
Other amounts payable47/48€138k€132k▼
Income statement
Code20232024
Turnover70€101k€119k▲
Goods, raw materials, services and sundry goods60/61€92k€100k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€80k€75k▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€56k€65k▲
Operating profit (loss)9901€-28k€-13k▲
Financial charges65/66B€17k€5k▼
Recurring financial charges65€17k€5k▼
Profit (loss) for the period before taxes9903€-45k€-18k▲
Income taxes67/77€3k€8k▲
Profit (loss) for the period9904€-48k€-27k▲
Profit (loss) for the period to be appropriated9905€-48k€-27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-63k€-89k▼
Profit (loss) brought forward from the previous period14P€-15k€-63k▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-48k
Net result drops to €-48k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
07-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Aarschot · 1 establishment unit since 2000
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.
Testeltsesteenweg 463201 AarschotGround area
3,414 m²
Building footprint
326 m²
Volume, LiDAR
1,422 m³
Parcel 24652D0083/00X000, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Haute Tajine
since 20002.099.941.221
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24652D0083/00X000 | Flanders | 3,414 m² | 1 · 326 m² | 6.4 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAarschot2.099.941.221
Similar companies · same sector, comparable size
TFM CONCEPT SERVICES
BE 0734.815.580
Seraing · Eq €76k
SEPHO
BE 0752.799.479
Mouscron · Eq €76k
ELLAJO
BE 0705.968.275
Wellen · Eq €77k
IMNAKA
BE 0837.919.058
Etterbeek · Eq €77k
EY Projects
BE 0879.267.089
Houthalen-Helchteren · Eq €75k
Of 1,267 companies in sector 47300 we hold annual accounts for 946. 769 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-09-2000
Fiscal year end31-12
Activities, NACEBEL
47300Retail sale of automotive fuel
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
46832Wholesale of timber
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
47990Retail trade
50200
52630
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.