CHAVY
ActiveFinancials · financial year 2025, micro format
2025 annual accounts filed 23 days after the deadline Filed on 23 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00041842.
Annual accounts 2025 filed on 23-02-2026 PDF
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 30-06-2025 |
|---|---|
| Tangible fixed assets | €14,849 |
| Financial fixed assets | €5,700 |
| Depreciation and write-downs of the year | €5,333 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,333 |
| Other operating charges640/8 | €418 |
| Gross operating margin9900 | -€26,169 |
| Operating profit (loss)9901 | -€31,920 |
| Financial charges65/66B | €2,412 |
| Recurring financial charges65 | €2,412 |
| Profit (loss) for the period before taxes9903 | -€34,331 |
| Profit (loss) for the period9904 | -€34,331 |
| Profit (loss) for the period to be appropriated9905 | -€34,331 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €24,119 | |
| Formation expenses20 | €669 | |
| Fixed assets21/28 | €15,760 | |
| Tangible fixed assets22/27 | €10,060 | |
| Land and buildings22 | €1,964 | |
| Plant, machinery and equipment23 | €6,902 | |
| Furniture and vehicles24 | €1,194 | |
| Financial fixed assets28 | €5,700 | |
| Current assets29/58 | €7,690 | |
| Stocks and contracts in progress3 | €7,686 | |
| Stocks30/36 | €7,686 | |
| Amounts receivable within one year40/41 | €0 | |
| Other amounts receivable41 | €0 | |
| Cash at bank and in hand54/58 | €5 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €24,119 | |
| Equity10/15 | -€19,331 | |
| Contributions10/11 | €15,000 | |
| Profit (loss) carried forward14 | -€34,331 | |
| Amounts payable17/49 | €43,450 | |
| Amounts payable after more than one year17 | €17,914 | |
| Financial debts170/4 | €17,914 | |
| Amounts payable within one year42/48 | €25,536 | |
| Current portion of amounts payable after more than one year42 | €5,741 | |
| Trade debts44 | €4,576 | |
| Suppliers440/4 | €4,576 | |
| Taxes, remuneration and social security45 | €148 | |
| Taxes450/3 | €148 | |
| Other amounts payable47/48 | €15,071 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€34,331 |
| + Depreciation and write-downs630 | €5,333 |
| Operating cash flow (approximation) | -€28,998 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 7,639 companies had the same profile as CHAVY has now. Two years later, 84.8% were still going and 8.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CHAVY itself: 5.8% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for CHAVY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 23-02-2026 | 2026-00041842 |