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CHAIN SERVICES

Active
Private limited companyfounded 2024active for 2 yearsHeerlijkheidsstraat 144, 1130 Brussel, BelgiumKBO/BCE: BE 1008.914.321
Summary

CHAIN SERVICES has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,468 and a net result of €5,407. Its solvency ranks better than 59% of 1,784 sector peers (NACE 77, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Financials · financial year 2025, micro format

Equity
€5,468▲ 8,837%
2024 · €61
Total assets
€13,440▲ 60.8%
2024 · €8,361
Net result
€5,407
2024 · -€1,939
Working capital
-€261▲ 92.7%
2024 · -€3,579
Trend over the years

2024 to 2025, 2 financial years

The operating result returns to profit in 2025: €5,438 after a loss of €1,930 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€5,438 2025 Net result€5,407 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 77, Rental and leasing activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€1,930-€5,438
Net result-€1,939within the sector's middle half-€5,407within the sector's middle half
Equity€61below the sector's middle half-€5,468within the sector's middle half▲ 8,837%
Total assets€8,361below the sector's middle half-€13,440below the sector's middle half▲ 60.8%
Debt€8,299-€7,972▼ 3.9%
Working capital-€3,579within the sector's middle half--€261within the sector's middle half▲ 92.7%
Solvency0.7%below the sector's middle half-40.7%within the sector's middle half▲ 40.0pp
Current ratio0.57within the sector's middle half-0.97within the sector's middle half▲ 0.40
Return on assets (ROA)-23.2%below the sector's middle half-40.2%above the sector's middle half▲ 63.4pp
above within below the middle half of NACE 77, Rental and leasing activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13,440
Fixed assets €5,729 ▲ 57.4%
Current assets €7,711 ▲ 63.4%
Equity and liabilities €13,440
Equity €5,468 ▲ 8,837%
Debt €7,972 ▼ 3.9%
Debt's share of the balance-sheet total falls from 99.3% to 59.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€6,374▲
2024 · -€1,482
Cash flow
€6,343▲
2024 · -€1,491
Debt to equity
1.46
ROE
98.9%
Interest coverage
over 100▲
2024 · -168.57
Debt ≤ 1 year
€7,972▼
2024 · €8,299
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,468 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€8,361€13,440▲
Fixed assets21/28€3,641€5,729▲
Tangible fixed assets22/27€3,641€5,729▲
Plant, machinery and equipment23€3,641€5,729▲
Current assets29/58€4,720€7,711▲
Amounts receivable within one year40/41€4,639€5,811▲
Trade receivables40€4,461€5,811▲
Other amounts receivable41€178-
Cash at bank and in hand54/58€81€1,900▲
Equity and liabilities
Total equity and liabilities10/49€8,361€13,440▲
Equity10/15€61€5,468▲
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14-€1,939€3,468▲
Amounts payable17/49€8,299€7,972▼
Amounts payable within one year42/48€8,299€7,972▼
Trade debts44€4,249€342▼
Suppliers440/4€4,249€342▼
Taxes, remuneration and social security45-€1,456
Taxes450/3-€1,456
Other amounts payable47/48€4,050€6,173▲
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61€1,482-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€448€935▲
Other operating charges640/8-€46
Gross operating margin9900-€1,482€6,420▲
Operating profit (loss)9901-€1,930€5,438▲
Financial charges65/66B€9€31▲
Recurring financial charges65€9€31▲
Profit (loss) for the period before taxes9903-€1,939€5,407▲
Profit (loss) for the period9904-€1,939€5,407▲
Profit (loss) for the period to be appropriated9905-€1,939€5,407▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1,939€3,468▲
Profit (loss) brought forward from the previous period14P--€1,939

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Goods, raw materials, services and sundry goods60/61€1,482--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€448€935▲ 109%
Other operating charges640/8-€46-
Gross operating margin9900-€1,482€6,420-
Operating profit (loss)9901-€1,930€5,438-
Financial charges65/66B€9€31▲ 253%
Recurring financial charges65€9€31▲ 253%
Profit (loss) for the period before taxes9903-€1,939€5,407-
Profit (loss) for the period9904-€1,939€5,407-
Profit (loss) for the period to be appropriated9905-€1,939€5,407-
Line20242025Change
Assets
Total assets20/58€8,361€13,440▲ 60.8%
Fixed assets21/28€3,641€5,729▲ 57.4%
Tangible fixed assets22/27€3,641€5,729▲ 57.4%
Plant, machinery and equipment23€3,641€5,729▲ 57.4%
Current assets29/58€4,720€7,711▲ 63.4%
Amounts receivable within one year40/41€4,639€5,811▲ 25.2%
Trade receivables40€4,461€5,811▲ 30.3%
Other amounts receivable41€178--
Cash at bank and in hand54/58€81€1,900▲ 2,258%
Equity and liabilities
Total equity and liabilities10/49€8,361€13,440▲ 60.8%
Equity10/15€61€5,468▲ 8,837%
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14-€1,939€3,468-
Amounts payable17/49€8,299€7,972▼ 3.9%
Amounts payable within one year42/48€8,299€7,972▼ 3.9%
Trade debts44€4,249€342▼ 92.0%
Suppliers440/4€4,249€342▼ 92.0%
Taxes, remuneration and social security45-€1,456-
Taxes450/3-€1,456-
Other amounts payable47/48€4,050€6,173▲ 52.4%
Line20242025Change
Profit (loss) for the period9904-€1,939€5,407-
+ Depreciation and write-downs630€448€935▲ 109%
Operating cash flow (approximation)-€1,491€6,343-
Investment in fixed assets (approximation)--€3,024-
Change in cash-€1,820-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 11-06-2026 2026-00155587
31-12-2024 micro format 06-03-2025 2025-00044217

Similar companies · same sector, comparable size

Of the 1,171 active companies whose main activity is renting and leasing of other machinery, equipment and tangible goods (NACE 77399), figures are known for 704. 145 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.