CHEMIN FAISANT
ActiveCHEMIN FAISANT has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €15k and a net result of €5k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 14% of 699 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▲+11
Solvency28▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.22 in 2023; short-term debt: 65.2% and cash: 87.7% of total assets), but 97.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 88
Relative position
BE, all sectors
reference
Sector 88
lower
← 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
2.6%
Return on assets
0.8%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 699 sector peers (2024).
NBB · sector comparisonPosition among 699 sector peers
Solvency
better than 14%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €15k
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 06-06-2025, 55 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
55 d early
2023
29 d early
2022
31 d early
2021
33 d early
2020
43 d early
2019
45 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€5k▲ 929%
2023 · €438
2018: €0
2019: €113
2020: €111
2021: €0
2022: €77
2023: €438
2018 → 2024
Working capital
€196k▲ 143%
2023 · €80k
2018: €30k
2019: €11k
2020: €139k
2021: €191k
2022: €10k
2023: €80k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€10k-€10k=€10k▲ 0.8%€10k▲ 4.4%€15k▲ 43.3%
Operating result€302-€216▼ 28.3%€197▼ 9.1%€-198€2k
Net result€111-€0▼ 100%€77€438▲ 470%€5k▲ 929%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €2k after a loss of €198 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €565k
Fixed assets
€894▼ 60.4%
Current assets
€564k▲ 28.1%
Equity and liabilities €565k
Equity
€15k▲ 43.3%
Debt
€550k▲ 27.3%
The debt ratio falls from 97.6% to 97.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3k▲
2023 · €1k
Cash flow
€6k▲
2023 · €2k
Solvency
2.6%▲
2023 · 2.4%
Current ratio
1.53▲
2023 · 1.22
Quick ratio
1.53▲
2023 · 1.22
Debt / equity
36.91▼
2023 · 41.55
ROE
30.2%▲
2023 · 4.2%
ROA
0.8%▲
2023 · 0.1%
Interest coverage
68.29▲
2023 · 4.82
Debt
€550k▲
2023 · €432k
Debt ≤ 1 year
€368k▲
2023 · €360k
Income taxes
€1k▲
2023 · €376
Staff costs
€499k▼
2023 · €520k
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€442k€565k▲
Fixed assets21/28€2k€894▼
Tangible fixed assets22/27€2k€314▼
Furniture and vehicles24€2k€314▼
Financial fixed assets28€580€580=
Current assets29/58€440k€564k▲
Amounts receivable within one year40/41€62k€61k▼
Other amounts receivable41€62k€61k▼
Cash at bank and in hand54/58€366k€495k▲
Deferred charges and accrued income490/1€12k€8k▼
Equity and liabilities
Total equity and liabilities10/49€442k€565k▲
Equity10/15€10k€15k▲
Contributions10/11€13k€18k▲
Capital10€13k€18k▲
Profit (loss) carried forward14€-3k€-3k=
Amounts payable17/49€432k€550k▲
Amounts payable within one year42/48€360k€368k▲
Trade debts44€1k€1k▼
Suppliers440/4€1k€1k▼
Taxes, remuneration and social security45€81k€89k▲
Taxes450/3€13k€14k▲
Remuneration and social security454/9€68k€75k▲
Accrued charges and deferred income492/3€72k€182k▲
Income statement
Code20232024
Remuneration, social security and pensions62€520k€499k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€207€179▼
Non-recurring operating charges66A€1k€0▼
Gross operating margin9900€522k€503k▼
Operating profit (loss)9901€-198€2k▲
Financial income75/76B€1k€4k▲
Recurring financial income75€1k€4k▲
Financial charges65/66B€241€50▼
Recurring financial charges65€241€50▼
Profit (loss) for the period before taxes9903€814€6k▲
Income taxes67/77€376€1k▲
Profit (loss) for the period9904€438€5k▲
Profit (loss) for the period to be appropriated9905€438€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€2k▲
Profit (loss) brought forward from the previous period14P€-3k€-3k=
To contributions691€438€5k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €5k ▲929%
Operating result €2k, net result €5k, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €77
Net result €77 after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €0 ▼100%
Net result drops to €0, the lowest in the series; recovery starts the following year.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 2.60
Current ratio from 1.12 to 2.60; short-term debt falls from €93k to €87k.
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 45 days late
2019
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
11-07
NBB filing
Annual accounts filed
fiscal year 2015 · unclassified schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
30-12-2025
Halleux Pascal: Resigned as Director
30-12-2025
Libon Cédric: Resigned as Managing director
25-06-2025
Greffe Cristophe: Resigned as Director
11-07-2023
Malet Anne: Resigned as Daily management
08-07-2022
Libon Cédric: Resigned as Director
04-02-2021
Jacqueline Bolle: Resigned as Director
11-12-2019
Cocco Jean-Pierre: Resigned as Permanent representative
11-12-2019
Marsala Ornella: Resigned as Permanent representative
27-06-2017
Nicole Godfroid: Resigned as Managing director
Location & real-estate footprint
Registered office, Oupeye · 1 establishment unit since 2003
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.
Rue du Roi Albert 844680 OupeyeGround area
613 m²
Building footprint
102 m²
Parcel 62079A0919/00A002, Wallonia. Linked by address, not a title deed.
1 establishment unit
CHEMIN FAISANT
since 20032.147.377.189
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62079A0919/00A002 | Wallonia | 613 m² | 1 · 102 m² | - |
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
Wallonia-Brussels Federation
2021 to 2025 · 27 entries · 2,625,427 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 22 | 690,575 EUR |
| 2024 | 1 | 654,168 EUR |
| 2023 | 1 | 629,928 EUR |
| 2022 | 1 | 626,552 EUR |
| 2021 | 2 | 24,203 EUR |
Budget allocations
Subventions aux services d'accompagnement
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Of 2,204 companies in sector 88999 we hold annual accounts for 802. 256 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded12-09-2002
Fiscal year end31-12
Activities, NACEBEL
85323
88999Other social work without accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.