CHORUS SERVICES
ActiveSummary
CHORUS SERVICES has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-557k) and a net result of €-5.71M. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 5% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
39
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-32
Solvency0▼-100
Growth32=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 3.66 against 2.13 in 2024; short-term debt: 26.3% and cash: 40.5% of total assets), but equity is negative.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
-61.7%
Return on assets
-632.8%
Age of the figures
20 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-557k
neutral · Filed after the deadline
The financial year that closed on 31-01-2025 was due by 31-08-2025 and was filed on 30-09-2025, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2026
not confirmed
2025
30 d late
2024
25 d late
2023
14 d late
2022
23 d late
2021
30 d late
2020
39 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-5.71M▼ 10,761%
2024 · €-53k
2021: €-5k
2022: €35k
2023: €12k
2024: €-53k
2021 → 2025
Working capital
€630k▲ 220%
2024 · €197k
2021: €72k
2022: €-95k
2023: €236k
2024: €197k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5.16M-€5.19M▲ 0.7%€5.21M▲ 0.2%€5.15M▼ 1.0%€-557k
Operating result€37k-€92k▲ 146%€52k▼ 43.2%€48k▼ 8.7%€-53k
Net result€-5k-€35k€12k▼ 65.1%€-53k€-5.71M▼ 10,761%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €53k after €48k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €902k
Fixed assets
€35k ▼ 99.4%
Current assets
€867k ▲ 133%
Key figures and ratios
EBITDA
€-50k▼
2024 · €52k
Cash flow
€-5.71M▼
2024 · €-48k
Solvency
-61.7%▼
2024 · 79.0%
Current ratio
3.66▲
2024 · 2.13
Debt to equity
-2.62▼
2024 · 0.27
ROA
-632.8%▼
2024 · -0.8%
Interest coverage
-1.80▼
2024 · 1.76
Debt
€1.46M▲
2024 · €1.37M
Debt ≤ 1 year
€237k▲
2024 · €174k
Debt > 1 year
€885k▲
2024 · €876k
Income taxes
€361▼
2024 · €10k
Staff costs
€55k▼
2024 · €58k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6.52M€902k▼
Fixed assets21/28€6.15M€35k▼
Tangible fixed assets22/27€35k€35k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€33k€33k▼
Financial fixed assets28€6.11M€124▼
Current assets29/58€371k€867k▲
Amounts receivable after more than one year29-€346k
Other amounts receivable291-€346k
Amounts receivable within one year40/41€298k€154k▼
Trade receivables40€2k€32k▲
Other amounts receivable41€296k€122k▼
Cash at bank and in hand54/58€72k€365k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€6.52M€902k▼
Equity10/15€5.15M€-557k▼
Contributions10/11€4.64M€4.64M=
Reserves13€514k€514k=
Non-distributable reserves130/1€30k€30k=
Reserves not available under the articles1311€30k€30k=
Distributable reserves133€485k€485k=
Profit (loss) carried forward14-€-5.71M
Amounts payable17/49€1.37M€1.46M▲
Amounts payable after more than one year17€876k€885k▲
Financial debts170/4€876k€885k▲
Amounts payable within one year42/48€174k€237k▲
Financial debts43€35k€37k▲
Credit institutions430/8€35k€37k▲
Trade debts44€2k€7k▲
Suppliers440/4€2k€7k▲
Taxes, remuneration and social security45€16k€11k▼
Taxes450/3€6k€3k▼
Remuneration and social security454/9€10k€8k▼
Other amounts payable47/48€122k€183k▲
Accrued charges and deferred income492/3€315k€337k▲
Income statement
Code20242025
Remuneration, social security and pensions62€58k€55k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€553€2k▲
Gross operating margin9900€110k€7k▼
Operating profit (loss)9901€48k€-53k▼
Financial income75/76B€4k€68k▲
Recurring financial income75€4k€4k▲
Non-recurring financial income76B-€64k
Financial charges65/66B€94k€5.72M▲
Recurring financial charges65€29k€28k▼
Non-recurring financial charges66B€64k€5.70M▲
Profit (loss) for the period before taxes9903€-43k€-5.71M▼
Income taxes67/77€10k€361▼
Profit (loss) for the period9904€-53k€-5.71M▼
Profit (loss) for the period to be appropriated9905€-53k€-5.71M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-53k€-5.71M▼
Transfer from equity791/2€53k-
Social balance
Average headcount (FTE)9087-0.5
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 30 days late
31-01
Financial
Weakest financial yearnet €-5.71M
Net result drops to €-5.71M, the lowest in the series.
2024
18-12
State Gazette act
General meeting · Share issue
Bank account
25-11
State Gazette act
General meeting · Capital increase
Bank account · Capital
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 25 days late
29-08
State Gazette act
General meeting · Capital increase
Capital · Statutes amendment
2023
14-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 14 days late
31-01
Financial
Liquidity times 6current ratio 2.87
Current ratio from 0.45 to 2.87; short-term debt falls from €174k to €126k.
2022
23-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 23 days late
12-08
State Gazette act
General meeting · Capital increase
Share issue · Capital
31-01
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 39 days late
09-07
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Ukkel · 1 establishment unit since 2019
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.
Anemoonstraat 101180 UkkelGround area
271 m²
Building footprint
113 m²
Volume, LiDAR
1,287 m³
Parcel 21612C0001/00Z039, Brussels · tallest building 14.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
CHORUS SERVICES
since 20192.293.817.297
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0001/00Z039 | Brussels | 271 m² | 1 · 113 m² | 14.4 m · 4 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.
Structure & network
Connections & network
5 connected companiesLinked via shared directors
Shared director
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Shared director
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Shared director
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Shared director
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Show 1 more companies with a shared director
Shared director
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
21 locations
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 11,003 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-09-2019
Fiscal year end31-01
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.