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Chapter George

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KBO/BCE: BE 0771.299.953
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age5 yrs
Connections3

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Chapter George is 0.3% (very low). The 2025 annual accounts show equity of €14.61M and a net result of €-2k. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 73% of 297 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Trust signals

2 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.3% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector Young company +Annual accounts: healthy financial profile

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€250k+143.0%
EBIT margin17.5%+2.0pp
Net result€-2k
Working capital€2.27M+1.4%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 03-06-2026 with the NBB · fiscal year 2025 · volledig
€-500k€0€500k€1.00M€1.50MRevenue 2022: €148k€148kOperating result 2022: €-28k€-28kNet result 2022: €1.70M€1.70MRevenue 2023: €466k€466kOperating result 2023: €81k€81kNet result 2023: €688k€688kRevenue 2024: €103k€103kOperating result 2024: €16k€16kNet result 2024: €1.21M€1.21MRevenue 2025: €250k€250kOperating result 2025: €44k€44kNet result 2025: €-2k€-2k2022202320242025
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~4.7%/year over 4 fiscal years, indicative, assuming unchanged policy.
€12.00M€14.00M€16.00M€18.00M2026: €15.36M (€14.20M - €16.53M)2027: €16.02M (€14.86M - €17.19M)2028: €16.68M (€15.52M - €17.85M)2022: €12.71M2023: €13.40M2024: €14.61M2025: €14.61M2022202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 70, Head offices & management consulting · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 66.4% 42.2%
better than 73% of 297 sector peers
Net result €-2k €57k
better than 15% of 296 sector peers
Equity €14.61M €207k
better than 91% of 297 sector peers
Total assets €22.00M €690k
better than 90% of 297 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P73
2022: P76 · n=6212023: P74 · n=8262024: P79 · n=9722025: P73 · n=2972022 2025
Stable position over 2022-2025 · n=297-972
Net result P15
2022: P94 · n=6212023: P90 · n=8272024: P93 · n=9722025: P15 · n=2962022 2025
Weakening position over 2022-2025 · n=296-972
Equity P91
2022: P89 · n=6222023: P89 · n=8282024: P90 · n=9732025: P91 · n=2972022 2025
Stable position over 2022-2025 · n=297-973
Total assets P90
2022: P87 · n=6212023: P87 · n=8262024: P89 · n=9722025: P90 · n=2972022 2025
Stable position over 2022-2025 · n=297-972
Describes the position versus peers, not a forecast.
Revenue
€250k
+143.0% -62% vs sector
Net profit
€-2k
- far below sector median
Total assets
€22.00M
+12.6% far above sector median
Equity
€14.61M
0.0% far above sector median
Working capital
€2.27M
+1.4% far above sector median
Debt
€7.40M
+50.1% far above sector median
Debt ≤ 1y
€2.43M
+259.6% far above sector median
Debt > 1y
€4.89M
+20.8% far above sector median
Current ratio
1.94
-55.2% +16% vs sector
Quick ratio
1.69
-46.4% +7% vs sector
Solvency
66.4%
-11.2% +11% vs sector
Debt / equity
0.51
+50.2% -20% vs sector
ROE
0.0%
- far below sector median
ROA
0.0%
- far below sector median
Net margin
-0.8%
- far below sector median
Figures by fiscal year
Fiscal year2025
Revenue€250k
EBITDA-
Net profit€-2k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€22.00M
Equity€14.61M
Debt€7.40M
of which ≤ 1y€2.43M
of which > 1y€4.89M
Working capital€2.27M
Employees (FTE)-
Ratios (computed)
2025
Current ratio1.94
Quick ratio1.69
Working capital ratio10.3%
Solvency66.4%
Debt / equity0.51
Long-term debt ratio0.33
Interest coverage-
Gross margin24.9%
Net margin-0.8%
ROA0.0%
ROE0.0%
EBITDA margin-
Days sales outstanding97d
Days payable outstanding150d
Inventory turnover0.31
Days inventory (DSI)1175d
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€22.00M
Fixed assets 21/28€17.30M
Financial fixed assets 28€17.30M
Current assets 29/58€4.70M
Stocks & contracts in progress 3€604k
Amounts receivable within one year 40/41€3.98M
Cash & bank 54/58€3k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€22.00M
Equity 10/15€14.61M
Contributions / capital 10/11€11.01M
Reserves 13€180k
Accumulated profits (losses) 14€3.42M
Amounts payable 17/49€7.40M
Amounts payable after one year 17€4.89M
Amounts payable within one year 42/48€2.43M
Trade debts payable within one year 44€77k
Income statement
Turnover 70€250k
Operating result 9901€44k
Financial income 75€129k
Financial charges 65€174k
Result before taxes 9903€-2k
Net result for the period 9904€-2k
Result to be appropriated 9905€-2k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
62 / 100 Healthy
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Connections & network

3 connected companies
Miix Holding, Subsidiary MHMiix HoldingVASTGOED INVEST, Subsidiary VIVASTGOEDINVESTIndel Invest, Shared director IIIndel InvestChapter George ChapterGeorge0771.299.953
Group structureShared directors
Group structure
Miix Holding
Subsidiary · 1 location
VASTGOED INVEST
Subsidiary · 1 location
Network connections
Indel Invest
Shared director
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register
Parcels1
Ground area3,408 m²
Buildings1
Building footprint1,235 m²
Volume (LiDAR)3 m³
Tallest building0.5 m

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34323D1459/00F003 Flanders 3,408 m² 1 · 1,235 m² 0.5 m
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

6 acts
Capital history · 5
11-05-2026
Capital increase: shares_issued: 1979 (voorgesteld)
11-05-2026
Capital decrease (voorgesteld)
11-05-2026
Capital increase: amount: 64923.28, currency: EUR, shares_issued: 1979 (voorgesteld)
11-05-2026
Capital decrease: amount: 64923.28, currency: EUR, shares_after: 348267, capital_after: 580188.72 (voorgesteld)
22-12-2021
Capital change
All acts · 6 updated 3 months ago
2026
11-05-2026 Merger · Accounting effect · Real estate declaration · Share transfer Open-capture extraction·Jean-Charles De Witte
  • Filing: 2026-04-30 · Bouw Georges Tanghe
  • Publication: 2026-05-11
  • Merger: type: partial_split_by_takeover, deed_date: 2026-04-27proposed · D.S.R.T. NV
  • Accounting effect: 2026-01-01proposed · D.S.R.T. NV
  • Real estate declaration: description: Appartementen en garageboxen in Residentie Bistierland 1, Harelbeke, en gronden in verkaveling Bistierlandproposed · D.S.R.T. NV
  • Share transfer: shares: 450, company: Jagershof NVproposed · D.S.R.T. NV
  • Capital increase: shares_issued: 1979proposed · Bouw Georges Tanghe
  • Capital decreaseproposed · D.S.R.T. NV
  • Share distribution: recipient: enige aandeelhouder van D.S.R.T., shares_issued: 1979proposed · Bouw Georges Tanghe
  • Auditor waiver: japroposed · Bouw Georges Tanghe
  • Auditor waiver: japroposed · D.S.R.T. NV
  • Power of attorney: date: 2026-04-27, purpose: neerlegging splitsingsvoorstel en publicatieproposed · Bouw Georges Tanghe
  • Power of attorney: date: 2026-04-27, purpose: neerlegging splitsingsvoorstel en publicatieproposed · Bouw Georges Tanghe
  • Power of attorney: date: 2026-04-27, purpose: neerlegging splitsingsvoorstel en publicatieproposed · Bouw Georges Tanghe
  • Power of attorney: date: 2026-04-27, purpose: neerlegging splitsingsvoorstel en publicatieproposed · D.S.R.T. NV
  • Power of attorney: date: 2026-04-27, purpose: neerlegging splitsingsvoorstel en publicatieproposed · D.S.R.T. NV
  • Power of attorney: date: 2026-04-27, purpose: neerlegging splitsingsvoorstel en publicatieproposed · D.S.R.T. NV
  • Soil certification: status: not_yet_available, deadline: buitengewone algemene vergaderingproposed · D.S.R.T. NV
  • Act object: Neerlegging voorstel van een met splitsing door overneming gelijkgestelde
Summary: Merger · Accounting effect · Real estate declaration · Share transferNotary: Jean-Charles De Witte
11-05-2026 Merger · Accounting effect · Capital increase · Capital decrease Open-capture extraction·Jean-Charles De Witte
  • Filing: 2026-04-30 · D.S.R.T.
  • Merger: type: partial_split_by_takeover, deed_date: 2026-04-27proposed · D.S.R.T.
  • Accounting effect: 2026-01-01proposed · D.S.R.T.
  • Capital increase: amount: 64923.28, currency: EUR, shares_issued: 1979proposed · Bouw Georges Tanghe NV
  • Capital decrease: amount: 64923.28, currency: EUR, shares_after: 348267, capital_after: 580188.72proposed · D.S.R.T.
  • Share distribution: ratio: 0.00568, shares: 1979, description: 1.979 nieuwe aandelen BGT uitgereikt aan de enige aandeelhouder van D.S.R.T. als vergoeding voor het totale Af Te Splitsen Vermogenproposed · Bouw Georges Tanghe NV
  • Real estate declaration: description: Onroerende goederen te Harelbeke (appartementen C1.1, C1.2, C1.3, C1.4, C3.2, C3.4 en garageboxen G4, G5, G6, G25, G26, G27) en gronden in verkaveling 'Bistierland' te Harelbeke en Deerlijkproposed · D.S.R.T.
  • Soil certification: status: not_yet_in_possession, deadline: buitengewone algemene vergaderingproposed · D.S.R.T.
  • Share transfer: shares: 450, company: Jagershof NVproposed · D.S.R.T.
  • Power of attorney: type: special_power, purpose: neerlegging splitsingsvoorstel en publicatieproposed · D.S.R.T.
  • Power of attorney: type: special_power, purpose: neerlegging splitsingsvoorstel en publicatieproposed · D.S.R.T.
  • Power of attorney: type: special_power, purpose: neerlegging splitsingsvoorstel en publicatieproposed · D.S.R.T.
  • Power of attorney: type: special_power, purpose: neerlegging splitsingsvoorstel en publicatieproposed · Bouw Georges Tanghe NV
  • Publication: 2026-05-11
  • Act object: Neerlegging voorstel van een met splitsing door overneming gelijkgestelde
Summary: Merger · Accounting effect · Capital increase · Capital decreaseNotary: Jean-Charles De Witte
03-04-2026 Act object · General meeting · Auditor mandate · Permanent representative Open-capture extraction
  • Filing: 2026-03-02 · Chapter George
  • Publication: 2026-04-03 · Chapter George
  • Act object: Benoeming commissaris · Chapter George
  • General meeting: 2025-07-14 · Chapter George
  • Auditor mandate: end: 2028-01-01, start: 2025-01-01, duration_years: 3 · VRC BEDRIJFSREVISOREN
  • Permanent representative · Stephanie Valcke
  • Permanent representative · Stefanie Vanden Broucke
Summary: Act object · General meeting · Auditor mandate · Permanent representative
2025
22-07-2025 3 directors appointed Director changes
  • Rita Tanghe, Vaste vertegenwoordiger
  • Stephanie Valcke, Gedelegeerd bestuurder
  • Stefanie Vanden Broucke, Gedelegeerd bestuurder
2024
22-01-2024 3 directors appointed Director changes
  • Bart ROOBROUCK, Commissaris
  • Stephanie Valcke, Gedelegeerd bestuurder
  • Stefanie Vanden Broucke, Gedelegeerd bestuurder
2021
22-12-2021 Capital increase of €649,539 to €10,943,546 Capital & shares·Maggy Vancoppernolle
  • €10.294.007 → €10.943.546
  • 2 kapitaalbewegingen in deze akte
Notary: Maggy Vancoppernolle · KortrijkFirm: Vancoppernolle & Sabbe, geassocieerde notarissen

Analysis

Snowflake analysis

financial profile on 5 axes
Health62Profitability10Solvency99Growth67Stability94
66 / 100

Strong profile, led by solvency.

Health 62
Profitability 10
Solvency 99
Growth 67
Stability 94

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220
Primary activity highlighted.
Names & trade names
Legal nameNL Chapter George
Registered office
Harpstraat 5/1
8530 Harelbeke, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.