CHICAGO 45
The computed 12-month bankruptcy probability of CHICAGO 45 is 3.0% (moderate). The 2025 annual accounts show equity of €1.04M and a net result of €397k. Equity is growing by ~27.4% per year across the filed fiscal years. Its solvency ranks better than 82% of 786 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €1.04M |
| Net result | €397k |
| Better than sector | 82% |
| Active | 13 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 65.5% | 30.6% | |
| Net result | €397k | €11k | |
| Equity | €1.04M | €116k | |
| Gross operating margin | €1.40M | €367k | |
| Staff costs | €907k | €422k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | full schema | full schema |
| Revenue | - | - | - | - | - |
| EBITDA | €496k | €250k | €536k | €325k | €244k |
| Net profit | €397k | €135k | €360k | €211k | €213k |
| Cash flow | €429k | €175k | €400k | €248k | €231k |
| Staff costs | €907k | €1.05M | €906k | €719k | - |
| Income taxes | €52k | €51k | €126k | €73k | €35k |
| Dividends | - | - | €0 | - | - |
| Total assets | €1.59M | €1.53M | €1.41M | €965k | €506k |
| Equity | €1.04M | €894k | €760k | €399k | €231k |
| Debt | €549k | €636k | €650k | €566k | €274k |
| of which ≤ 1y | €474k | €550k | €549k | €449k | €222k |
| of which > 1y | €75k | €87k | €98k | €109k | - |
| Working capital | €884k | €750k | €609k | €256k | €210k |
| Employees (FTE) | - | - | - | 15.0 | 13.0 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 2.87 | 2.36 | 2.11 | 1.57 | 1.95 |
| Quick ratio | 2.84 | 2.33 | 2.08 | 1.57 | 1.93 |
| Working capital ratio | 55.6% | 49.0% | 43.2% | 26.6% | 41.6% |
| Solvency | 65.5% | 58.4% | 53.9% | 41.4% | 45.8% |
| Debt / equity | 0.53 | 0.71 | 0.86 | 1.42 | - |
| Long-term debt ratio | 0.07 | 0.10 | 0.13 | 0.27 | - |
| Interest coverage | 33.00 | 10.40 | 32.57 | 73.78 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 25.0% | 8.8% | 25.6% | 21.8% | 42.1% |
| ROE | 38.1% | 15.1% | 47.4% | 52.8% | 92.0% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €1.59M | €1.53M | €1.41M | €965k | €506k |
| Fixed assets | 21/28 | €232k | €231k | €253k | €260k | €73k |
| Tangible fixed assets | 22/27 | €232k | €231k | €252k | €259k | €73k |
| Financial fixed assets | 28 | €500 | €500 | €500 | €500 | €500 |
| Current assets | 29/58 | €1.36M | €1.30M | €1.16M | €705k | €433k |
| Stocks & contracts in progress | 3 | €15k | €16k | €15k | €3k | €3k |
| Amounts receivable within one year | 40/41 | €149k | €146k | €122k | €38k | €9k |
| Cash & bank | 54/58 | €1.18M | €1.14M | €1.02M | €664k | €421k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.59M | €1.53M | €1.41M | €965k | €506k |
| Equity | 10/15 | €1.04M | €894k | €760k | €399k | €231k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €211k | €211k | €211k | €211k | - |
| Accumulated profits (losses) | 14 | €812k | €665k | €530k | €170k | €213k |
| Amounts payable | 17/49 | €549k | €636k | €650k | €566k | €274k |
| Amounts payable after one year | 17 | €75k | €87k | €98k | €109k | - |
| Amounts payable within one year | 42/48 | €474k | €550k | €549k | €449k | €222k |
| Trade debts payable within one year | 44 | €72k | €378k | €21k | €46k | €10k |
| Income statement | ||||||
| Gross operating margin | 9900 | €1.40M | €1.30M | €1.45M | €1.05M | €444k |
| Operating result | 9901 | €463k | €210k | €497k | €288k | €226k |
| Financial income | 75 | €3 | €15 | €6k | €104 | €1 |
| Financial charges | 65 | €15k | €24k | €16k | €4k | €4k |
| Result before taxes | 9903 | €448k | €186k | €487k | €284k | €223k |
| Income taxes | 67/77 | €52k | €51k | €126k | €73k | €35k |
| Net result for the period | 9904 | €397k | €135k | €360k | €211k | €188k |
| Result to be appropriated | 9905 | €397k | €135k | €360k | €211k | €188k |
-
Magnolia Studio SRLLegal entityDirector· perm. rep.: Fouad BenarbiaState Gazette act 24073550 (13-05-2024)Current13-05-2024 → present
-
Benarbia FouadDirectorState Gazette act 24360376 (14-02-2024)Current14-02-2024 → present
Former directors (1)
-
Monsier Benarbia FouadDirectorState Gazette act 24073550 (13-05-2024)Former- → 22-04-2024
| NACE primary | Limited-service restaurants, excluding mobile food services(56112) |
| Legal form | Private limited company(610) |
| Incorporation | 24-01-2013 |
| Status | Active |
| Postal code | 1000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N0280/00C000 | Brussels | 299 m² | 1 · 300 m² | 14.7 m · 3 fl. |
| 21812N0092/00D000 | Brussels | 171 m² | 1 · 173 m² | 24.6 m · 8 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
13-05-2024 1 director appointed, 1 resigning
- Fouad Benarbia, Bestuurder
- Monsier Benarbia Fouad, Bestuurder
Technical details
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}14-02-2024 Benarbia Fouad appointed as director
- Benarbia Fouad, Bestuurder
Technical details
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}| Legal nameFR | CHICAGO 45 |