CHACON
Open bankruptcyAre you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Walloon Brabant
- Declared bankrupt
- 21 May 2026
- Supervising judge
- Jean Pierre Riquet
- Official Gazette
- 29-05-2026 (pdf) ↗search the document for 2026/123234
Deadlines
- Appeal or third-party opposition until
- passed on 13 June 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 20 June 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 2 July 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 21 May 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Marc-Alain SpeidelChaussee De Louvain 523, 1380 Lasnemas@aceris.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€1.4m
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 6127 sector peers (2024).
NBB · sector comparisonPosition among 6127 sector peers
Solvency
better than 20%
← weakest
strongest →
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 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2024
on the day
2023
14 d late
2022
8 d late
2021
29 d late
2020
29 d early
2019
59 d late
2018
7 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Wholesale of electrical equipment, including installation materials sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
Turnover
€13.4m▼ 13.8%
2023 · €15.5m
EBIT margin
-8.1%▼ 1.6pp
2023 · -6.4%
Net result
-€1.4m▼ 9.7%
2023 · -€1.3m
Working capital
-€521,665
2023 · €910,252
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€19.0m▼ 7.7%€17.9m▼ 5.5%€17.5m▼ 2.4%€15.5m▼ 11.3%€13.4m▼ 13.8%
Operating result€487,254€238,796▼ 51.0%-€364,822-€999,370▼ 174%-€1.1m▼ 7.8%
Net result€214,173within the sector's middle half-€191,787below the sector's middle half-€42,132below the sector's middle half▲ 78.0%-€1.3mbelow the sector's middle half▼ 2,998%-€1.4mbelow the sector's middle half▼ 9.7%
EBIT margin2.6%▲ 2.7pp1.3%▼ 1.2pp-2.1%▼ 3.4pp-6.4%▼ 4.4pp-8.1%▼ 1.6pp
Equity€5.4mabove the sector's middle half▲ 4.0%€5.2mabove the sector's middle half▼ 3.7%€4.0mwithin the sector's middle half▼ 23.8%€2.7mwithin the sector's middle half▼ 32.8%€1.2mwithin the sector's middle half▼ 53.6%
Total assets€15.4mabove the sector's middle half▲ 3.9%€13.5mabove the sector's middle half▼ 12.7%€11.9mwithin the sector's middle half▼ 11.6%€9.5mwithin the sector's middle half▼ 20.0%€7.7mwithin the sector's middle half▼ 19.3%
Debt€9.9m▲ 4.5%€8.2m▼ 17.5%€7.9m▼ 4.0%€6.8m▼ 13.9%€6.4m▼ 5.9%
Working capital€5.9mabove the sector's middle half▼ 2.6%€5.6mabove the sector's middle half▼ 4.6%€2.6mwithin the sector's middle half▼ 53.4%€910,252within the sector's middle half▼ 65.1%-€521,665below the sector's middle half
Solvency35.1%within the sector's middle half=38.7%within the sector's middle half▲ 3.6pp33.4%within the sector's middle half▼ 5.3pp28.0%within the sector's middle half▼ 5.3pp16.1%below the sector's middle half▼ 11.9pp
Current ratio1.71within the sector's middle half▼ 0.111.82within the sector's middle half▲ 0.121.36within the sector's middle half▼ 0.471.14below the sector's middle half▼ 0.220.92below the sector's middle half▼ 0.22
Return on assets (ROA)1.4%within the sector's middle half▲ 3.5pp-1.4%below the sector's middle half▼ 2.8pp-0.4%below the sector's middle half▲ 1.1pp-13.7%below the sector's middle half▼ 13.4pp-18.6%below the sector's middle half▼ 4.9pp
Staff (FTE)25.6within the sector's middle half▲ 12.3%22.5within the sector's middle half▼ 12.1%21.5within the sector's middle half▼ 4.4%16.1within the sector's middle half▼ 25.1%15.5within the sector's middle half▼ 3.7%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1.1m in 2024 against €999,370 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €7.7m
Fixed assets
€1.9m ▼ 2.5%
Current assets
€5.8m ▼ 23.6%
Equity and liabilities €7.7m
Equity
€1.2m ▼ 53.6%
Provisions
€74,719 ▼ 4.0%
Debt
€6.4m ▼ 5.9%
Debt's share of the balance-sheet total rises from 71.1% to 82.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€486,402▼
2023 · -€434,754
Cash flow
-€840,882▼
2023 · -€740,810
Quick ratio
0.36▼
2023 · 0.43
Debt to equity
5.15▲
2023 · 2.54
ROE
-115.6%▼
2023 · -48.9%
Interest coverage
-1.49▼
2023 · -1.25
Debt ≤ 1 year
€6.3m▼
2023 · €6.7m
Debt > 1 year
€538▼
2023 · €26,419
Income taxes
€2,964▼
2023 · €3,572
Staff costs
€1.6m▼
2023 · €1.7m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €18.2m | €17.7m | €15.7m | €13.6m | ▼ 13.6% |
| Turnover70 | €19.0m | €17.9m | €17.5m | €15.5m | €13.4m | ▼ 13.8% |
| Own construction capitalised72 | - | €82,250 | €77,516 | €84,155 | €88,396 | ▲ 5.0% |
| Other operating income74 | - | €162,493 | €145,956 | €86,766 | €99,712 | ▲ 14.9% |
| Non-recurring operating income76A | - | €5,329 | - | - | - | - |
| Operating charges60/66A | - | €17.9m | €18.1m | €16.7m | €14.6m | ▼ 12.3% |
| Goods for resale, raw materials and consumables60 | - | €10.4m | €10.8m | €9.5m | €7.8m | ▼ 18.3% |
| Purchases600/8 | - | €11.5m | €9.1m | €8.9m | €6.5m | ▼ 26.5% |
| Change in stocks: decrease (increase)609 | - | -€1.1m | €1.7m | €633,669 | €1.2m | ▲ 96.6% |
| Services and other goods61 | - | €4.9m | €4.7m | €4.5m | €4.4m | ▼ 2.6% |
| Remuneration, social security and pensions62 | - | €2.1m | €1.9m | €1.7m | €1.6m | ▼ 5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €635,238 | €556,836 | €482,776 | €564,616 | €591,009 | ▲ 4.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€107,730 | €49,241 | €15,315 | -€61,090 | ▼ 499% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€27,235 | €1,774 | €9,997 | -€3,150 | ▼ 132% |
| Other operating charges640/8 | - | €149,064 | €118,120 | €110,052 | €96,866 | ▼ 12.0% |
| Non-recurring operating charges66A | - | €75,380 | €120,389 | €275,120 | €237,301 | ▼ 13.7% |
| Operating profit (loss)9901 | €487,254 | €238,796 | -€364,822 | -€999,370 | -€1.1m | ▼ 7.8% |
| Financial income75/76B | - | €322,135 | €776,367 | €358,337 | €153,092 | ▼ 57.3% |
| Recurring financial income75 | €73,554 | €322,135 | €776,367 | €358,337 | €153,092 | ▼ 57.3% |
| Income from current assets751 | - | €875 | €3,162 | €28,791 | €44,965 | ▲ 56.2% |
| Other financial income752/9 | - | €321,260 | €773,205 | €329,546 | €108,127 | ▼ 67.2% |
| Financial charges65/66B | - | €748,119 | €398,999 | €660,821 | €504,609 | ▼ 23.6% |
| Recurring financial charges65 | €269,812 | €748,119 | €398,999 | €660,821 | €504,609 | ▼ 23.6% |
| Debt charges650 | €32,004 | €58,856 | €70,773 | €348,542 | €326,348 | ▼ 6.4% |
| Other financial charges652/9 | - | €689,263 | €328,226 | €312,280 | €178,260 | ▼ 42.9% |
| Profit (loss) for the period before taxes9903 | €290,996 | -€187,188 | €12,546 | -€1.3m | -€1.4m | ▼ 9.8% |
| Income taxes67/77 | €76,823 | €4,599 | €54,678 | €3,572 | €2,964 | ▼ 17.0% |
| Taxes670/3 | - | €79,773 | €54,678 | €3,572 | €2,964 | ▼ 17.0% |
| Tax adjustments and reversals of tax provisions77 | - | €75,174 | - | - | - | - |
| Profit (loss) for the period9904 | €214,173 | -€191,787 | -€42,132 | -€1.3m | -€1.4m | ▼ 9.7% |
| Transfer from tax-exempt reserves789 | - | - | €116,990 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €214,173 | -€191,787 | €74,858 | -€1.3m | -€1.4m | ▼ 9.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €15.4m | €13.5m | €11.9m | €9.5m | €7.7m | ▼ 19.3% |
| Fixed assets21/28 | €1.3m | €1.1m | €2.0m | €2.0m | €1.9m | ▼ 2.5% |
| Intangible fixed assets21 | €1.1m | €938,208 | €1.9m | €1.6m | €1.8m | ▲ 11.5% |
| Tangible fixed assets22/27 | €196,976 | €167,360 | €113,552 | €346,534 | €112,638 | ▼ 67.5% |
| Land and buildings22 | - | €25,483 | €22,430 | €32,604 | €28,731 | ▼ 11.9% |
| Plant, machinery and equipment23 | - | €76,345 | €44,575 | €19,454 | €8,586 | ▼ 55.9% |
| Furniture and vehicles24 | - | €62,500 | €43,515 | €39,834 | €18,852 | ▼ 52.7% |
| Assets under construction and advance payments27 | - | €3,032 | €3,032 | €254,642 | €56,469 | ▼ 77.8% |
| Current assets29/58 | €14.2m | €12.4m | €9.9m | €7.6m | €5.8m | ▼ 23.6% |
| Stocks and contracts in progress3 | €6.4m | €7.0m | €5.3m | €4.7m | €3.5m | ▼ 25.1% |
| Stocks30/36 | - | €7.0m | €5.3m | €4.7m | €3.5m | ▼ 25.1% |
| Goods purchased for resale34 | - | €7.0m | €5.3m | €4.7m | €3.5m | ▼ 25.1% |
| Amounts receivable within one year40/41 | €3.9m | €4.2m | €2.4m | €1.8m | €1.5m | ▼ 16.1% |
| Trade receivables40 | - | €1.7m | €2.1m | €959,909 | €861,785 | ▼ 10.2% |
| Other amounts receivable41 | - | €2.5m | €345,634 | €825,963 | €636,047 | ▼ 23.0% |
| Cash at bank and in hand54/58 | €3.6m | €896,335 | €1.7m | €704,217 | €378,124 | ▼ 46.3% |
| Deferred charges and accrued income490/1 | - | €311,305 | €408,075 | €368,853 | €377,897 | ▲ 2.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €15.4m | €13.5m | €11.9m | €9.5m | €7.7m | ▼ 19.3% |
| Equity10/15 | €5.4m | €5.2m | €4.0m | €2.7m | €1.2m | ▼ 53.6% |
| Contributions10/11 | €396,630 | €396,630 | €396,630 | €396,630 | €396,630 | = |
| Capital10 | - | €396,630 | €396,630 | €396,630 | €396,630 | = |
| Issued capital100 | - | €396,630 | €396,630 | €396,630 | €396,630 | = |
| Reserves13 | €5.0m | €4.8m | €3.6m | €2.3m | €842,413 | ▼ 63.0% |
| Non-distributable reserves130/1 | - | €39,663 | €39,663 | €39,663 | €39,663 | = |
| Legal reserve130 | - | €39,663 | €39,663 | €39,663 | €39,663 | = |
| Tax-exempt reserves132 | - | €116,990 | - | - | - | - |
| Distributable reserves133 | - | €4.7m | €3.5m | €2.2m | €802,750 | ▼ 64.1% |
| Provisions and deferred taxes16 | €93,333 | €66,098 | €67,872 | €77,869 | €74,719 | ▼ 4.0% |
| Provisions for liabilities and charges160/5 | - | €66,098 | €67,872 | €77,869 | €74,719 | ▼ 4.0% |
| Other liabilities and charges164/5 | - | €66,098 | €67,872 | €77,869 | €74,719 | ▼ 4.0% |
| Amounts payable17/49 | €9.9m | €8.2m | €7.9m | €6.8m | €6.4m | ▼ 5.9% |
| Amounts payable after more than one year17 | €1.6m | €1.4m | €432,853 | €26,419 | €538 | ▼ 98.0% |
| Financial debts170/4 | - | €1.4m | €432,853 | €26,419 | €538 | ▼ 98.0% |
| Credit institutions173 | - | €1.4m | €432,853 | €4,550 | €538 | ▼ 88.2% |
| Other loans174 | - | - | - | €21,869 | - | - |
| Amounts payable within one year42/48 | €8.3m | €6.8m | €7.3m | €6.7m | €6.3m | ▼ 5.3% |
| Current portion of amounts payable after more than one year42 | - | €1.2m | €923,240 | €375,179 | €4,012 | ▼ 98.9% |
| Financial debts43 | - | €1.3m | €2.2m | €2.8m | €3.0m | ▲ 7.3% |
| Credit institutions430/8 | - | €1.2m | €2.1m | €2.8m | €3.0m | ▲ 7.3% |
| Other loans439 | - | €156,877 | €133,489 | - | - | - |
| Trade debts44 | €4.1m | €3.9m | €3.7m | €3.2m | €2.9m | ▼ 10.3% |
| Suppliers440/4 | - | €3.9m | €3.7m | €3.2m | €2.9m | ▼ 10.3% |
| Taxes, remuneration and social security45 | - | €387,122 | €455,978 | €303,288 | €447,351 | ▲ 47.5% |
| Taxes450/3 | - | €154,956 | €233,397 | €122,542 | €251,474 | ▲ 105% |
| Remuneration and social security454/9 | - | €232,166 | €222,581 | €180,745 | €195,877 | ▲ 8.4% |
| Other amounts payable47/48 | - | €34,034 | €31,651 | €31,379 | €32,774 | ▲ 4.4% |
| Accrued charges and deferred income492/3 | - | €57,376 | €117,117 | €89,193 | €69,059 | ▼ 22.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €214,173 | -€191,787 | -€42,132 | -€1.3m | -€1.4m | ▼ 9.7% |
| + Depreciation and write-downs630 | €635,238 | €556,836 | €482,776 | €564,616 | €591,009 | ▲ 4.7% |
| Operating cash flow (approximation) | €849,411 | €365,049 | €440,645 | -€740,810 | -€840,882 | ▼ 13.5% |
| Investment in fixed assets (approximation) | - | -€378,560 | -€1.4m | -€531,035 | -€541,870 | ▼ 2.0% |
| Change in cash | - | -€2.7m | €832,549 | -€1.0m | -€326,092 | ▲ 68.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
29-05
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · event 21-05-2026
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet -€1.4m
Net result drops to -€1.4m, the lowest in the series.
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 14 days late
2023
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 8 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €214,173
Net result €214,173 after one loss-making year.
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 59 days late
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
08-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 23 acts read
About the unread acts
We know of 23 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 23 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Wavre · 1 establishment unit since 1977
Ground area
3,550 m²
Building footprint
1,933 m²
Volume, LiDAR
15,024 m³
Parcel 25112B0116/00_000, Wallonia · tallest building 8.7 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Avenue Mercator 2, 1300 Wavre
since 19772.013.877.673
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112B0116/00_000 | Wallonia | 3,550 m² | 1 · 1,933 m² | 8.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MARC-ALAIN SPEIDEL Chaussee De Louvain 523, 1380 Lasne |
21-05-2026 → present |
Structure & network
Owners and holdings
2 ownersChain of control
- VEOM GROUP SAFR
- CHACON
Highest known parent: VEOM GROUP SA (France). The sources do not say who stands above it.
Owners 2
- VEOM GROUP SAFRparentSourceown accounts 2024100%
- VEOM GROUPFRparentSourceLEI registerconsolidated
Holdings 0
The accounts to 31-12-2024 list no holdings, and no other source names one.
According to the 2024 annual accounts of CHACON and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
5493004XD2FP0G7KRT08
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Of 1,242 companies in this sector we hold annual accounts for 954. 686 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPublic limited company
Founded01-08-1977
Fiscal year end31-12
Activities, NACEBEL 2025
46643Wholesale of electrical equipment, including installation materials
E-invoicing
Reachable via Peppol
Peppol ID
0208:0417371006
Also
9925:BE0417371006
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.