Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of CHEMCOM is 0.3% (very low). The 2025 annual accounts show negative equity (€-36k) and a net result of €-75k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 35 sector peers (fiscal year 2025). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 8 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.3%
Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector
−Annual accounts: weaker financial profile
+Long track record
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
1 signal · with evidenceNegative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
2 signalsLong-established
Founded in 2000, 25 years in business.
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
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-75k+59.6%
Working capital€-37k
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 07-07-2026 with the NBB · fiscal year 2025 · volledig
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile
Too volatile to project: the yearly deviation from the trend is ~42% of the level (threshold 35%). We therefore deliberately show no projection line.
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 20 · compared across all schema types (micro, abbreviated and full combined)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -26.7% | 45.1% | |
| Net result | €-75k | €2k | |
| Equity | €-36k | €206k | |
| Total assets | €136k | €1.47M |
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).
P21
Weakening position over 2020-2025
· n=35-95
P18
Stable position over 2020-2025
· n=35-95
P20
Weakening position over 2020-2025
· n=35-95
P90
Improving position over 2021-2024
· n=36-74
Describes the position versus peers, not a forecast.
€28k
-90.6%
-82% vs sector
€-75k
+59.6%
far below sector median
€-32k
-
far below sector median
€136k
-91.3%
-93% vs sector
€-36k
-
far below sector median
€-37k
-
far below sector median
1
-84.1%
-92% vs sector
€13k
-97.4%
-98% vs sector
€1
-
-100% vs sector
€173k
-88.6%
-30% vs sector
€173k
-51.6%
+11% vs sector
€1.16M
-31.7%
far above sector median
0.79
-65.0%
-31% vs sector
0.79
-65.0%
+24% vs sector
-26.7%
-
far below sector median
-4.74
-
far below sector median
206.2%
-
far above sector median
-55.1%
-361.5%
far below sector median
0.41
-95.2%
-81% vs sector
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €28k |
| Net profit | €-75k |
| Cash flow | €-32k |
| Staff costs | €13k |
| Income taxes | - |
| Dividends | - |
| Total assets | €136k |
| Equity | €-36k |
| Debt | €173k |
| of which ≤ 1y | €173k |
| of which > 1y | - |
| Working capital | €-37k |
| Employees (FTE) | 1.0 |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 0.79 |
| Quick ratio | 0.79 |
| Working capital ratio | -27.2% |
| Solvency | -26.7% |
| Debt / equity | -4.74 |
| Long-term debt ratio | - |
| Interest coverage | 0.41 |
| Gross margin | - |
| Net margin | - |
| ROA | -55.1% |
| ROE | 206.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €136k |
| Fixed assets | 21/28 | €589 |
| Financial fixed assets | 28 | €589 |
| Current assets | 29/58 | €136k |
| Amounts receivable within one year | 40/41 | €7k |
| Cash & bank | 54/58 | €129k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €136k |
| Equity | 10/15 | €-36k |
| Contributions / capital | 10/11 | €3.20M |
| Reserves | 13 | €14k |
| Accumulated profits (losses) | 14 | €-3.25M |
| Amounts payable | 17/49 | €173k |
| Amounts payable within one year | 42/48 | €173k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €40k |
| Operating result | 9901 | €-16k |
| Financial income | 75 | €8k |
| Financial charges | 65 | €68k |
| Result before taxes | 9903 | €-75k |
| Net result for the period | 9904 | €-75k |
| Result to be appropriated | 9905 | €-75k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2025 · computed20
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Directors
Directors & mandates
21 directorsCurrent directors & mandates
-
A.M.I.R.Legal entityDirector· perm. rep.: Gilbert VassartState Gazette act 24133852 (16-09-2024)Current16-09-2024 → present
-
CONTHEGAS CONSULTINGLegal entityDirector· perm. rep.: Jean-François PolletState Gazette act 24133852 (16-09-2024)Current16-09-2024 → present
-
COVORIMLegal entityDirector· perm. rep.: Benedikt Van der VorstState Gazette act 24133852 (16-09-2024)Current16-09-2024 → present
-
AMIR ASBLLegal entityDirector· perm. rep.: Gilbert VassartState Gazette act 23107570 (18-08-2023)Current18-08-2023 → present
-
Conthegas Consulting SPRLLegal entityDirector· perm. rep.: Jean-François PolletState Gazette act 23107570 (18-08-2023)Current18-08-2023 → present
-
Current07-01-2022 → present
2 events
- 16-09-2024 Mandate renewed· Director
- 07-01-2022 Appointed· Director
-
HEXAGON ADVISORY SRLLegal entityDirector· perm. rep.: Thibaut HofmanState Gazette act 24133852 (16-09-2024)Current07-01-2022 → present
3 events
- 16-09-2024 Mandate renewed· Director
- 18-08-2023 Appointed· Director
- 07-01-2022 Appointed· Director
-
Current28-05-2010 → present
3 events
- 16-09-2024 Mandate renewed· Director
- 31-07-2018 Mandate renewed· Director
- 28-05-2010 Mandate renewed· Director
-
Current08-09-2006 → present
3 events
- 16-09-2024 Mandate renewed· Director
- 31-07-2018 Mandate renewed· Director
- 08-09-2006 Mandate renewed· Director
Historic, not recently confirmed (8)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
-
CONTHEGAS CONSULTINGLegal entityDirector· perm. rep.: Jean-François PolletState Gazette act 19106533 (06-08-2019)Not recently confirmedlast confirmed in an act from 2019
-
COVORIMLegal entityDirector· perm. rep.: Benedikt Van der VorstState Gazette act 19106533 (06-08-2019)Not recently confirmedlast confirmed in an act from 2019
-
Biotec saLegal entityDirector· perm. rep.: Jean-Marie DelwartState Gazette act 18118834 (31-07-2018)Not recently confirmedlast confirmed in an act from 2018
-
Not recently confirmedlast confirmed in an act from 2018
2 events
- 31-07-2018 Mandate renewed· Director
- 28-05-2010 Mandate renewed· Director
-
Compagnie Du Bois SauvageLegal entityDirector· perm. rep.: Laurent Puissant BayensState Gazette act 11119680 (03-08-2011)Not recently confirmedlast confirmed in an act from 2011
-
BiotecLegal entityDirector· perm. rep.: Jean-Marie DelwartState Gazette act 06139803 (08-09-2006)Not recently confirmedlast confirmed in an act from 2006
-
BIOTRAC sprlLegal entityDirector· perm. rep.: Christian Van OsselaerState Gazette act 06139803 (08-09-2006)Not recently confirmedlast confirmed in an act from 2006
-
FLORINVEST S.A.Legal entityDirector· perm. rep.: BIOTRAC SPRLState Gazette act 06139803 (08-09-2006)Not recently confirmedlast confirmed in an act from 2006
Former directors (4)
-
Former- → 07-07-2022
-
Florinvest SALegal entityDirector· perm. rep.: Christian Van OsselaerState Gazette act 18118834 (31-07-2018)Former31-07-2018 → 07-01-2022
2 events
- 07-01-2022 Resigned· Director
- 31-07-2018 Mandate renewed· Director
-
Former03-08-2011 → 07-01-2022
3 events
- 07-01-2022 Resigned· Director
- 31-07-2018 Mandate renewed· Director
- 03-08-2011 Appointed· Director
-
Former- → 28-07-2010
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Statutory auditor
4 auditors| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Ernst et Young Reviseurs d'EntreprisesCurrent Statutory auditor · represented by Carlo-Sébastien D'Addario |
- | 16-09-2024 → present |
| la SA Mazars Statutory auditor · represented by Peter Lenoir succeeded by Mazars SC scrl in 2020 |
- | 01-07-2014 → 30-07-2020 |
| Mazars SC scrl Statutory auditor · represented by Peter Lenoir succeeded by Ernst et Young Reviseurs d'Entreprises in 2024 |
- | 30-07-2020 → 16-09-2024 |
| SA Mazars Statutory auditor · represented by Philippe Gossart succeeded by la SA Mazars in 2014 |
- | 03-08-2011 → 01-07-2014 |
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Vervaardiging van parfums en toiletartikelen(20420) |
| Legal form | Public limited company(014) |
| Incorporation | 29-09-2000 |
| Status | Active |
| Postal code | 1410 |
Structure & network
Connections & network
4 connected companiesGroup structure
Parent · 2 subsidiaries · 1 location
Control→
Parent · 1 subsidiary · 1 location
Control→
Parent · 926 subsidiaries · 5 locations
Control→
Network connections
Shared corporate director
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Locations & real estate
Establishment units
1 locationCHEMCOM
since 20012.098.181.165
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area1.2 ha
Buildings2
Building footprint2,260 m²
Volume (LiDAR)37,294 m³
Tallest building22.9 m · ±6 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763M0621/00F000indicative | Wallonia | 1.0 ha | 1 · 1,772 m² | 22.9 m · 6 fl. |
| 21307E0036/00B003 | Brussels | 1,843 m² | 1 · 487 m² | 20.9 m · 2 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 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
21 acts Capital history · 7
03-04-2023
v3.2
20-05-2022
v3.2
05-02-2021
v3.2
17-09-2018
v3.2
21-01-2016
v3.2
08-01-2015
v3.2
18-10-2011
v3.2
Address history · 1
11-12-2025
v3.2
All acts · 21
updated 8 months ago
2025
11-12-2025 Registered office moved from Anderlecht to Waterloo
- Route de Lennik 802, 1070 Anderlecht → Drève Richelle 161, 1410 Waterloo
Summary:
v3.2
2024
16-09-2024 1 director appointed, 7 reappointed
- Carlo-Sébastien D'Addario, Commissaris
- Benedikt Van der Vorst, Bestuurder
- Jean-François Pollet, Bestuurder
- Thibaut Hofman, Bestuurder
- Gilbert Vassart, Bestuurder
- Gaëtan Waucquez, Bestuurder
- Marc Parmentier, Bestuurder
- Charles Delwart, Bestuurder
Summary:
v3.2
2023
18-08-2023 3 directors appointed
- Gilbert Vassart, Bestuurder
- Thibaut Hofman, Bestuurder
- Jean-François Pollet, Bestuurder
Summary:
v3.2
15-06-2023 Jean-Marie Delwart resigns as director
03-04-2023 Capital increase of €499,974.63 to €3,196,634.63
2022
20-05-2022 Capital decrease of €3,644,656.35 to €2,696,660
07-01-2022 3 directors appointed, 2 resigning
- Charles Delwart, Bestuurder
- Thibaut Hofman, Bestuurder
- Gert Van Leemput, Commissaris
- Nathalie Delwart, Bestuurder
- Christian Van Osselaer, Bestuurder
Summary:
v3.2
2021
05-02-2021 Capital increase of €1,159,996.76 to €3,828,949.27
2020
18-08-2020 Articles of association amended
Summary:
v3.2
30-07-2020 Peter Lenoir reappointed as statutory auditor
2019
06-08-2019 2 directors appointed
- Benedikt Van der Vorst, Bestuurder
- Jean-François Pollet, Bestuurder
Summary:
v3.2
2018
17-09-2018 Capital increase of €1,600,141.32 to €1,687,861.83
31-07-2018 6 reappointed
- Jean-Marie Delwart, Bestuurder
- Christian Van Osselaer, Bestuurder
- Gaëtan Waucquez, Bestuurder
- Nathalie Delwart, Bestuurder
- Marc Parmentier, Bestuurder
- Jacques Dumont, Bestuurder
Summary:
v3.2
2017
01-08-2017 Peter Lenoir reappointed as statutory auditor
2016
21-01-2016 Capital decrease of €4,400,000 to €87,720.51
2015
08-01-2015 Capital increase of €1,000,060.51 to €4,487,720.51
2014
01-07-2014 Philippe Gossart reappointed as statutory auditor
2011
18-10-2011 Capital increase of €179,760 to €3,487,660
03-08-2011 3 directors appointed, 2 reappointed
- Laurent Puissant Bayens, Bestuurder
- Nathalie Delwart, Bestuurder
- Philippe Gossart, Commissaris
- Jacques Dumont, Bestuurder
- Gaëtan Waucquez, Bestuurder
Summary:
v3.2
2010
28-07-2010 Alexandre Schmitz resigns as director
First 20 of 21 acts
Analysis
Snowflake analysis
financial profile on 5 axes64
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
20
Profitability
100
Solvency
40
Growth
58
Stability
100
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Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads BankActivities
Vervaardiging van parfums en toiletartikelen20420Vervaardiging van parfums en toiletartikelen20420Vervaardiging van parfums en cosmetische artikelen24520Handelsbemiddeling in brandstoffen, ertsen, metalen en chemische producten46120Handelsbemiddeling in de groothandel in brandstoffen, ertsen, metalen en chemische producten46120Handelsbemiddeling in brandstoffen, ertsen, metalen en chemische producten51120
Primary activity highlighted.
Names & trade names
| Legal nameFR | CHEMCOM |
Registered office
Drève Richelle 161 P
1410 Waterloo, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.