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CHALET CENTER

Active
Public limited companyfounded 198639 yrs activePontweg 9, 9140 Temse, BelgiumKBO/BCE: BE 0430.013.074
Summary

The computed 12-month bankruptcy probability of CHALET CENTER is 1.9% (moderate). The 2024 annual accounts show equity of €3.6m and a net result of €137,072. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 51% of 168 sector peers (fiscal year 2024). The company has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
CHALET CENTERActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of other builders' carpentry and joinery
NACE 16230Manufacture of chemicals and chemical products NACE 20300
#7 employer in East Flanders, Wood and cork sector12 sites
Size
€15.1mturnover 2024
Staff
46.2 FTE
Equity
€3.6m
Profit
€137,072
Financial health
53 Fair Checked score 2024
Bankruptcy chance 12 m
1.9%
Structure
Parent
TIMBER · 99.73%
Board
1 member
Accounts 68 d overdue1 of 11 deeds read
Why 53- Figures for FY 2024 (filed 08-10-2025)- Liquidity: current ratio 1.16, cash €461,202, halved- Size: turnover €15.1m, 46.2 FTE, total assets €7.7m+ Founded in 1986Show the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 37% of its sector peers (NACE 16, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Average
Solvency 71+6
equity 46.5% of total assets
Liquidity 35-12
short-term debt 46.1% · cash 6.0%
Profitability 53-29
return on assets 1.8%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (165 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%● 0.0% vs 12-2024 02-2025: 0.1%▼ -4.4% vs 01-2025 03-2025: 0.1%● 0.0% vs 02-2025 04-2025: 0.1%▼ -2.3% vs 03-2025lowest value 05-2025: 0.1%▲ +3.6% vs 04-2025 06-2025: 0.1%▲ +1.1% vs 05-2025 07-2025: 0.1%▲ +38.6% vs 06-2025 08-2025: 0.2%▲ +100% vs 07-2025 09-2025: 0.3%▲ +20.9% vs 08-2025 10-2025: 0.5%▲ +62.7% vs 09-2025 11-2025: 0.5%▲ +13.8% vs 10-2025 12-2025: 0.5%● 0.0% vs 11-2025 01-2026: 0.5%● 0.0% vs 12-2025 02-2026: 0.5%▼ -3.5% vs 01-2026 03-2026: 0.5%▼ -2.7% vs 02-2026 04-2026: 0.5%▼ -3.3% vs 03-2026 05-2026: 0.5%▲ +3.4% vs 04-2026 06-2026: 0.5%▲ +2.3% vs 05-2026 07-2026: 0.5%▲ +2.7% vs 06-2026 08-2026: 1.0%▲ +92.2% vs 07-2026 09-2026: 1.2%▲ +20.0% vs 08-2026 10-2026: 1.9%▲ +55.4% vs 09-2026highest value
  • Figures for FY 2024 (filed 08-10-2025) raises the probability
  • Founded in 1986 lowers the probability for this profile
  • Liquidity: current ratio 1.16, cash €461,202, halved raises the probability
  • Size: turnover €15.1m, 46.2 FTE, total assets €7.7m raises the probability for this profile
Credit up to €190,000 at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.25 in 2023; short-term debt: 46.1% and cash: 6% of total assets), and 53.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 16, small). Better than this share of them on solvency 46%, liquidity 23%, profitability 38%, growth against the median 42%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 08-10-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1986
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Liquidity: current ratio 1.16, cash €461,202, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Size: turnover €15.1m, 46.2 FTE, total assets €7.7m
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-10-2025, 62 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
62 d late
2023
11 d early
2022
12 d early
2021
16 d early
2020
19 d early
2019
42 d early
← 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 6 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (1)
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
  1. Reappointment: Timber BV (director)Permanent representative: Floris Fick
  2. Annual accounts filedfiscal year 2024 · full…
  3. Weakest financial yearnet €137,072 ▼89.5%

Key points

  • Caution: Result fell in 2024from €1.3m to €137,072 ▼ 89.5% View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 d late View
  • Positive: Employer in East Flanders, Wood and cork sectorin the Checked rankings #7 View
  • Controlled by TIMBER 99.73% View
  • Positive: 7 profitable years in a rowprofit 2024: €137,072 7 years View

By topic

Financials

Fiscal year
2024
Turnover
€15.1m
Profit
€137,072
Solvency
46.5%
Turnover▼ 3.1%
Net result
20202024
Go to Financials

Timeline

Events
14
Since
2016
  1. 21-01-2026Reappointment: Timber BV (director)
  2. 01-10-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Sites
12
Legal form
Public limited company
Activity
Manufacture of other builders' carpentry and joineryNACE 16230
Founded
12-12-1986
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

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