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CHALAPI

Active
Public limited companyfounded 198342 yrs activeChaussée de Marche 22, 5330 Assesse, BelgiumKBO/BCE: BE 0425.199.696
Summary

CHALAPI has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€89,739) and a net result of -€2,681. Equity is shrinking by ~51.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 4235 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability32▲+32
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.58 against 0.59 in 2024; short-term debt: 171.6% and cash: 0% of total assets), and equity is negative.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 42 years 0 50 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-71.6%
Return on assets
-2.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€89,739
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
31 d late
2023
29 d late
2022
204 d late
2021
95 d late
2020
47 d late
2019
21 d late
← 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 65 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (4 of the last 5 filed years within 64 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

CHALAPI was incorporated on 30 December 1983.1 Total assets rose from EUR 73,482 in 2018 to EUR 125,323 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€2,681▲ 93.7%
2024 · -€42,840
Working capital
-€89,739▼ 3.1%
2024 · -€87,058
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€2,138▼ 43.8%-€53,408-€30,888▲ 42.2%-€42,816▼ 38.6%-€2,652▲ 93.8%
Net result€303below the sector's middle half▼ 94.0%-€56,197below the sector's middle half-€31,015below the sector's middle half▲ 44.8%-€42,840below the sector's middle half▼ 38.1%-€2,681within the sector's middle half▲ 93.7%
Equity€42,994below the sector's middle half▲ 0.7%-€13,203below the sector's middle half-€44,218below the sector's middle half▼ 235%-€87,058below the sector's middle half▼ 96.9%-€89,739below the sector's middle half▼ 3.1%
Total assets€375,508within the sector's middle half▲ 228%€486,631within the sector's middle half▲ 29.6%€166,204below the sector's middle half▼ 65.8%€127,342below the sector's middle half▼ 23.4%€125,323below the sector's middle half▼ 1.6%
Debt€332,514▲ 364%€499,834▲ 50.3%€210,422▼ 57.9%€214,400▲ 1.9%€215,062▲ 0.3%
Working capital€42,994within the sector's middle half▲ 0.7%-€13,203below the sector's middle half-€44,218below the sector's middle half▼ 235%-€87,058below the sector's middle half▼ 96.9%-€89,739below the sector's middle half▼ 3.1%
Solvency11.4%below the sector's middle half▼ 25.9pp-2.7%below the sector's middle half▼ 14.2pp-26.6%below the sector's middle half▼ 23.9pp-68.4%below the sector's middle half▼ 41.8pp-71.6%below the sector's middle half▼ 3.2pp
Current ratio1.13within the sector's middle half▼ 0.470.97below the sector's middle half▼ 0.160.79below the sector's middle half▼ 0.180.59below the sector's middle half▼ 0.200.58below the sector's middle half▼ 0.01
Return on assets (ROA)0.1%below the sector's middle half▼ 4.3pp-11.5%below the sector's middle half▼ 11.6pp-18.7%below the sector's middle half▼ 7.1pp-33.6%below the sector's middle half▼ 15.0pp-2.1%below the sector's middle half▲ 31.5pp
Staff (FTE)
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0Operating result 2021: €2,138€2,138Net result 2021: €303€303Operating result 2022: -€53,408-€53,408Net result 2022: -€56,197-€56,197Operating result 2023: -€30,888-€30,888Net result 2023: -€31,015-€31,015Operating result 2024: -€42,816-€42,816Net result 2024: -€42,840-€42,840Operating result 2025: -€2,652-€2,652Net result 2025: -€2,681-€2,68120212022202320242025-€60,000-€40,000-€20,000€0Operating result 2023: -€30,888-€30,900Net result 2023: -€31,015-€31,000Operating result 2024: -€42,816-€42,800Net result 2024: -€42,840-€42,800Operating result 2025: -€2,652-€2,650Net result 2025: -€2,681-€2,680202320242025
The operating result stays negative: a loss of €2,652 in 2025 against €42,816 in 2024; the loss shrinks.
Key figures and ratios
2025 value · change against 2024
Debt to equity
-2.40▲
2024 · -2.46
Debt ≤ 1 year
€215,062▲
2024 · €214,400
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,799 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a small loss
1.9% went bankrupt
5.9% stopped otherwise
90% still going

A further 2.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,799 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 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€127,342€125,323▼
Formation expenses20€0-
Current assets29/58€127,342€125,323▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€126,530€125,285▼
Trade receivables40€125,046€125,000=
Other amounts receivable41€1,484€285▼
Cash at bank and in hand54/58€4€38▲
Deferred charges and accrued income490/1€808-
Equity and liabilities
Total equity and liabilities10/49€127,342€125,323▼
Equity10/15-€87,058-€89,739▼
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€36,200€36,200=
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Distributable reserves133€30,000€30,000=
Profit (loss) carried forward14-€185,258-€187,939▼
Amounts payable17/49€214,400€215,062▲
Amounts payable within one year42/48€214,400€215,062▲
Trade debts44€3,617€3,836▲
Suppliers440/4€3,617€3,836▲
Other amounts payable47/48€210,783€211,226▲
Income statement Code20242025
Other operating charges640/8€437€400▼
Gross operating margin9900-€42,379-€2,252▲
Operating profit (loss)9901-€42,816-€2,652▲
Financial charges65/66B€24€29▲
Recurring financial charges65€24€29▲
Profit (loss) for the period before taxes9903-€42,840-€2,681▲
Profit (loss) for the period9904-€42,840-€2,681▲
Profit (loss) for the period to be appropriated9905-€42,840-€2,681▲
Appropriation of the result
Profit (loss) to be appropriated9906-€185,258-€187,939▼
Profit (loss) brought forward from the previous period14P-€142,418-€185,258▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62-€3,583-----
Other operating charges640/8€714€421€952€437€400▼ 8.5%
Gross operating margin9900-€731-€52,987-€29,936-€42,379-€2,252▲ 94.7%
Operating profit (loss)9901€2,138-€53,408-€30,888-€42,816-€2,652▲ 93.8%
Financial charges65/66B€1,835€2,789€127€24€29▲ 20.8%
Recurring financial charges65€1,835€2,789€127€24€29▲ 20.8%
Profit (loss) for the period before taxes9903€303-€56,197-€31,015-€42,840-€2,681▲ 93.7%
Profit (loss) for the period9904€303-€56,197-€31,015-€42,840-€2,681▲ 93.7%
Profit (loss) for the period to be appropriated9905€303-€56,197-€31,015-€42,840-€2,681▲ 93.7%
Line20212022202320242025Change
Assets
Total assets20/58€375,508€486,631€166,204€127,342€125,323▼ 1.6%
Formation expenses20---€0--
Current assets29/58€375,508€486,631€166,204€127,342€125,323▼ 1.6%
Stocks and contracts in progress3€64,255€28,120€162,450€0--
Stocks30/36€64,255€28,120€162,450€0--
Amounts receivable within one year40/41€309,732€458,023€3,710€126,530€125,285▼ 1.0%
Trade receivables40€85,525€195,516€288€125,046€125,000=
Other amounts receivable41€224,207€262,507€3,422€1,484€285▼ 80.8%
Cash at bank and in hand54/58€25€42€44€4€38▲ 850%
Deferred charges and accrued income490/1€1,496€446-€808--
Equity and liabilities
Total equity and liabilities10/49€375,508€486,631€166,204€127,342€125,323▼ 1.6%
Equity10/15€42,994-€13,203-€44,218-€87,058-€89,739▼ 3.1%
Contributions10/11€62,000€62,000€62,000€62,000€62,000=
Capital10€62,000€62,000€62,000€62,000€62,000=
Issued capital100€62,000€62,000€62,000€62,000€62,000=
Reserves13€36,200€36,200€36,200€36,200€36,200=
Non-distributable reserves130/1€6,200€6,200€6,200€6,200€6,200=
Legal reserve130€6,200€6,200€6,200€6,200€6,200=
Distributable reserves133€30,000€30,000€30,000€30,000€30,000=
Profit (loss) carried forward14-€55,206-€111,403-€142,418-€185,258-€187,939▼ 1.4%
Amounts payable17/49€332,514€499,834€210,422€214,400€215,062▲ 0.3%
Amounts payable within one year42/48€332,514€499,834€210,422€214,400€215,062▲ 0.3%
Trade debts44€330,740€469,070€1,207€3,617€3,836▲ 6.1%
Suppliers440/4€330,740€469,070€1,207€3,617€3,836▲ 6.1%
Taxes, remuneration and social security45€125-----
Taxes450/3€125-----
Other amounts payable47/48€1,649€30,764€209,215€210,783€211,226▲ 0.2%
Line20212022202320242025Change
Profit (loss) for the period9904€303-€56,197-€31,015-€42,840-€2,681▲ 93.7%
Operating cash flow (approximation)€303-€56,197-€31,015-€42,840-€2,681▲ 93.7%
Change in cash-€17€2-€40€34▲ 185%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 31 days late
2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 29 days late
20-02
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 204 days late
2022
31-12
Financial Weakest financial yearnet -€56,197
Net result drops to -€56,197, the lowest in the series; recovery starts the following year.
03-11
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 95 days late
2021
16-09
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 47 days late
2020
31-12
Financial Highest result since 2018net €5,067 ▲228%
Operating result €3,801, net result €5,067, both a record.
21-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 21 days late
2019
31-12
Financial Back to profitnet €1,545
Net result €1,545 after one loss-making year.
18-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
24-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
02-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Assesse · 1 establishment unit since 2009
seat establishment The establishment unit on the map
Ground area
9,756 m²
Building footprint
2,138 m²
2 parcels, Wallonia. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
BOUCHERIE VALFRAIS
Allée des Abattoirs 1, 5590 CineyWholesale of meat and meat products, excluding game and poultry
since 20092.187.789.468
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
91030B0220/00T000 Wallonia 7,758 m² 1 · 1,997 m² -
92006C0023/00B002 Wallonia 1,998 m² 1 · 141 m² -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. IMMO - CORIOULE 98%
  2. CHALAPI

Highest known parent: IMMO - CORIOULE. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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.

Similar companies · same sector, comparable size

Of 3,043 companies in sector 47221 we hold annual accounts for 1,566. 1,279 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded30-12-1983
Fiscal year end31-12
Abbreviation FR SERGI
Activities, NACEBEL 2025
47221Retail sale of meat and meat products, excluding game and poultry
47222Retail trade
47241Retail sale of bread and pastry (bakery outlets)
47279Other retail sale of food
E-invoicing
Reachable via Peppol
Peppol ID 0208:0425199696
Also 9925:BE0425199696
Registered 11-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.