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CHALET CENTER

Active
Public limited companyfounded 198639 years 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 (NACE 16, fiscal year 2024). The company has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of other builders' carpentry and joinery
NACE 16230
#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 probability, 12 months
1.9%
Structure
Parent
TIMBER · 99.73%
Board
1 member
Accounts 68 days 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%
Financially better than 37% of its sector peers (NACE 16, small)
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%● 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 03-2025lowest value 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: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%▲ +0.1 percentage points vs 08-2025 10-2025: 0.5%▲ +0.2 percentage points vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.5 percentage points vs 07-2026 09-2026: 1.2%▲ +0.2 percentage points vs 08-2026 10-2026: 1.9%▲ +0.7 percentage points vs 09-2026highest value
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 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 16, small): better than 46% on solvency, 23% on liquidity, 38% on profitability and 42% on growth.

The bankruptcy probability was computed on 06-10-2026 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
raises risk · Figures for FY 2024 (filed 08-10-2025)
NBB · annual accounts
lowers risk · Founded in 1986
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 1.16, cash €461,202, halved
NBB · annual accounts
raises risk · Size: turnover €15.1m, 46.2 FTE, total assets €7.7m
The company's size counts in the probability; how much depends on the rest of its 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 days late
2023
11 days early
2022
12 days early
2021
16 days early
2020
19 days early
2019
42 days 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
Checked from 2021 on.
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 days 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. 20-07-2024Annual accounts filed
  2. 19-07-2023Annual accounts filed
  3. 31-12-2022Highest result since 2018
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

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