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CHACON

Active
Private limited companyfounded 1991active for 35 yearsDeinsesteenweg 28, 9031 Gent, BelgiumKBO/BCE: BE 0445.222.377
Summary

CHACON has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €534,420 and a net result of -€42,055. Equity is growing by about 29% per year across the filed financial years. Its solvency ranks better than 86% of 2,962 sector peers (NACE 56, financial year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Full-service restaurants
NACE 56111
1 site
Size
€751,393total assets 2024
Equity
€534,420
Loss
-€42,055
Turnover not published (abbreviated format)
Financial health
69 Healthy Checked score 2024
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Accounts 71 days overdue0 of 6 deeds read
Why 69raises riskLoss of €42,055 (financial year 2024)Figures for financial year 2024 (filed 18-09-2025)lowers riskFounded in 1991Liquidity: current ratio 17.52, cash €292,088Show the evidence

Checked score

Score 2024
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 59% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Strong
Solvency 96-4
equity 71.1% of total assets
Liquidity 99+2
short-term debt 5.7% · cash 38.9%
Profitability 12-88
return on assets -5.6%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,706 companies, NACE 56, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.5%▲ +0.1 percentage points vs 02-2025 04-2025: 0.4%▼ -0.1 percentage points vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▲ +0.2 percentage points vs 07-2025 09-2025: 0.9%▲ +0.2 percentage points vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026highest value 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.4%▼ -0.5 percentage points vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026lowest value 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.2 percentage points vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.7%▲ +0.1 percentage points vs 09-2026
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity ample (current ratio 17.52, compared with 42.95 in 2023; short-term debt: 5.7% and cash: 38.9% of total assets), and 28.9% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 85% on solvency, 97% on liquidity, 22% on profitability and 33% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Founded in 1991
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 17.52, cash €292,088
NBB · annual accounts
raises risk · Loss of €42,055 (financial year 2024)
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 18-09-2025)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-09-2025, 49 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
49 days late
2023
91 days late
2022
92 days late
2021
31 days late
2020
158 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 85 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Annual accounts filedfinancial year 2023 · abbreviated…
  3. Back to profitnet €400,419

Key points

  • Caution: From profit to loss in 2024after €400,419 in 2023 -€42,055 View
  • Caution: Among the weakest 11% on net resultsector median €25,123 · 2,957 companies -€42,055 View
  • Caution: Accounts not fileddeadline was 31-07-2026 71 days late View

By topic

Financials

Financial year
2024
Total assets
€751,393
Loss
-€42,055
Solvency
71.1%
Total assets▼ 2.2%
Net result
20182024
Go to Financials

Timeline

Events
40
Since
1993
  1. 31-12-2023Liquidity more than 31 times
  2. 31-12-2023Equity above €500,000
  3. 31-10-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
24-09-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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