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Chainsource

Active
Private limited companyfounded 2020active for 6 yearsAannemersstraat 18, 9040 Gent, BelgiumKBO/BCE: BE 0750.531.560

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Chainsource has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €310,215 and a net result of €754,488. Equity has been growing by about 6.1% per year since 2021. Its solvency ranks better than 37% of 2,598 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 10-07-2020 Normal situation
Legal form
Private limited company
Registered office
Aannemersstraat 18, 9040 Gent
Activity
Other education NACE 85599and 1 other
Establishment unit
2.305.249.936 9040 Gent, since 10-07-2020
Financial year end
31 December
Peppol
Reachable since 05-10-2026

Board and ownership

Board
  • Benoot RubenDirector · since 10-07-2020

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€951,787
▲ 58.8%
Turnover
≈ €1.4m
estimated
Profit
€754,488
▲ 70.9%
Equity
€310,215
=
Total assets
€1.1m
▲ 41.5%
2025 accounts filed 114 days before the deadline
Filed on 08-04-2026PDF
Score breakdownlowers riskSize: total assets €1.1mSector: Education (NACE 85)Liquidity: current ratio 1.36, cash €1.0mFigures for financial year 2025 (filed on 08-04-2026)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 54% of micro companies in education (NACE 85)
Financial strength · tick: 2024
Strong
Solvency 53-11
equity 27.6% of total assets
Liquidity 61-7
short-term debt 72.4% · cash 89.3%
Profitability 100=
return on assets 67.2%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (3,820 companies, NACE 85, micro)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026highest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.36 (1.59 in 2024), below the usual 1.5. Short-term debt is 72.4% and cash 89.3% of total assets. 72.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 85, micro). It does better than 36% of them on solvency, 49% on liquidity, 90% on profitability and 42% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Size: total assets €1.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Education (NACE 85)
KBO
lowers risk · Liquidity: current ratio 1.36, cash €1.0m
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 08-04-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-04-2026, 114 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
114 days early
2024
72 days early
2023
33 days early
2022
7 days late
2021
7 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 44 days before the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (4 of the last 5 filed years within 40 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 95% of companies in educationsector median €7,342 · 2,600 companies €754,488 View
  • Positive: Result rose in 2025from €441,420 to €754,488 ▲ 70.9% View
  • Positive: 5 profitable years in a rowprofit 2025: €754,488 5 years View

Documents

Annual accounts at the NBB

All 5 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Chainsource

What is the company number of Chainsource?
The company number of Chainsource is 0750.531.560. The VAT number is the same number with BE in front: BE 0750.531.560.
Where is Chainsource based?
The registered office is at Aannemersstraat 18, 9040 Gent.Company details
What does Chainsource do?
According to the KBO register, the main activity is other education (NACE 85599).
What is the legal form of Chainsource?
The legal form of Chainsource is Private limited company (BV).
When was Chainsource founded?
Chainsource was founded on 10-07-2020.
Is Chainsource still active?
Yes, Chainsource is an active enterprise in the KBO register.
What is the turnover of Chainsource?
The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €951,787 and 38 comparable companies (NACE 85). It probably lies between €1.0m and €2.3m.Financials
Is Chainsource profitable?
In financial year 2025, Chainsource made a profit of €754,488.
Where can I find the annual accounts of Chainsource?
Chainsource filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of Chainsource due?
Chainsource must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as Chainsource: other education (NACE 85599). They are comparable in size and age: total assets between €1.1m and €2.1m, founded between 2017 and 2020.

CompanyTotal assetsGross margin
Chainsource Gent€1.1m€1.0m
Accountants Academy Sint-Martens-Latem€1.6m€0.6m
Becra Mol€1.7m€1.0m
CYTOMICS CONSULTING Gent€2.1m€0.6m
MSJ Tessenderlo-Ham€1.1m€0.5m
Kurago Hasselt€1.1m€1.5m
HISTORIES Schaarbeek€1.1m€1.2m
Full comparison

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