The computed 12-month bankruptcy probability of C.H.A.R. is 20.9% (high). For C.H.A.R., at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €15,898 and a net result of €7,459. Equity is growing by about 52% per year across the filed financial years. The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises riskFigures for financial year 2022 (filed 30-12-2023)1 change of registered office in 24 monthsNo main activity registered3 financial years not filed after the legal deadline; latest accounts 152 days late; 3 of the last 3 lateTwo or more financial years not filedneutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2020
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency67-33
equity 42.2% of total assets
Liquidity70-30
short-term debt 57.8% · cash 55.3%
Profitability80+80
return on assets 19.8%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
20.9%High
0%0.5%1.5%4%10%≥ 25%
About 1 in 5 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months11-2024: 14.2%lowest value12-2024: 16.1%▲ +1.9 percentage points vs 11-202401-2025: 19.0%▲ +2.9 percentage points vs 12-202402-2025: 19.0%● unchanged vs 01-202503-2025: 19.0%● unchanged vs 02-202504-2025: 18.3%▼ -0.7 percentage points vs 03-202505-2025: 18.3%● unchanged vs 04-202506-2025: 23.8%▲ +5.5 percentage points vs 05-202507-2025: 23.8%● unchanged vs 06-202508-2025: 24.2%▲ +0.4 percentage points vs 07-2025highest value09-2025: 24.2%● unchanged vs 08-2025highest value10-2025: 24.2%● unchanged vs 09-2025highest value11-2025: 18.5%▼ -5.7 percentage points vs 10-202512-2025: 18.5%● unchanged vs 11-202501-2026: 21.8%▲ +3.3 percentage points vs 12-202502-2026: 21.8%● unchanged vs 01-202603-2026: 21.8%● unchanged vs 02-202604-2026: 21.8%● unchanged vs 03-202605-2026: 21.8%● unchanged vs 04-202606-2026: 21.8%● unchanged vs 05-202607-2026: 21.8%● unchanged vs 06-202608-2026: 20.9%▼ -0.9 percentage points vs 07-202609-2026: 20.9%● unchanged vs 08-202610-2026: 20.9%● unchanged vs 09-2026
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2023 year end31-07-2024 deadline23-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
This company filed its last 3 accounts on average 53 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.