CHAM Projects
ActiveSummary
The computed 12-month bankruptcy probability of CHAM Projects is 2.4% (moderate). The 2024 annual accounts show negative equity (-€34,949) and a net result of -€1,549. Equity remains stable across the filed financial years (±2.4% per year). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- -€34,949
- Loss
- -€1,549
Why 51raises riskFigures for financial year 2024 (filed 04-08-2025)No main activity registeredLoss of €1,549, the second in a row (financial year 2024)lowers riskSize: total assets €231Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 (no NACE code, micro): better than 5% on solvency, 35% on liquidity, 4% on profitability and 32% on growth.
The bankruptcy probability was computed on 20-10-2026 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
This company filed its last 6 accounts on average 27 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Legal-form change · Resignations & appointmentsResignation: Valérie Thibaut (manager) ·…
- Annual accounts filedfinancial year 2024 · micro…
- Weakest financial yearnet -€1,549
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 21 October 2026.
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result stays negative: a loss of €1,411 in 2024 against €748 in 2023; the loss grows and 2024 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85.5% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.4% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 6,906 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €348 | €348 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | -€353 | -€204 | -€205 | -€344 | -€207 | -€364 | -€1,024 | ▼ 182% |
| Operating profit (loss)9901 | -€700 | -€552 | -€552 | -€691 | -€555 | -€748 | -€1,411 | ▼ 88.6% |
| Financial charges65/66B | - | - | - | €141 | €153 | €138 | €138 | = |
| Recurring financial charges65 | €122 | €122 | €124 | €141 | €153 | €138 | €138 | = |
| Profit (loss) for the period before taxes9903 | -€823 | -€674 | -€676 | -€832 | -€708 | -€886 | -€1,549 | ▼ 74.8% |
| Profit (loss) for the period9904 | -€823 | -€674 | -€676 | -€832 | -€708 | -€886 | -€1,549 | ▼ 74.8% |
| Profit (loss) for the period to be appropriated9905 | -€823 | -€674 | -€676 | -€832 | -€708 | -€886 | -€1,549 | ▼ 74.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €3,096 | €570 | €447 | €335 | €982 | €433 | €231 | ▼ 46.7% |
| Current assets29/58 | €3,096 | €570 | €447 | €335 | €982 | €433 | €231 | ▼ 46.7% |
| Amounts receivable within one year40/41 | €2,658 | €48 | €63 | €93 | €93 | €15 | €30 | ▲ 100% |
| Other amounts receivable41 | - | - | - | €93 | €93 | €15 | €30 | ▲ 100% |
| Cash at bank and in hand54/58 | €438 | €522 | €383 | €243 | €889 | €418 | €200 | ▼ 52.0% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €3,096 | €570 | €447 | €335 | €982 | €433 | €231 | ▼ 46.7% |
| Equity10/15 | -€29,625 | -€30,299 | -€30,974 | -€31,806 | -€32,514 | -€33,400 | -€34,949 | ▼ 4.6% |
| Contributions10/11 | €12,800 | €12,800 | - | €12,800 | €12,800 | €12,800 | €12,800 | = |
| Profit (loss) carried forward14 | -€42,425 | -€43,099 | -€43,774 | -€44,606 | -€45,314 | -€46,200 | -€47,749 | ▼ 3.4% |
| Amounts payable17/49 | €32,721 | €30,869 | €31,421 | €32,141 | €33,496 | €33,833 | €35,180 | ▲ 4.0% |
| Amounts payable within one year42/48 | €32,721 | €30,869 | €31,421 | €32,141 | €33,496 | €33,833 | €35,180 | ▲ 4.0% |
| Trade debts44 | €53 | €53 | - | - | €348 | - | - | - |
| Suppliers440/4 | - | - | - | - | €348 | - | - | - |
| Other amounts payable47/48 | - | - | - | €32,141 | €33,148 | €33,833 | €35,180 | ▲ 4.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€823 | -€674 | -€676 | -€832 | -€708 | -€886 | -€1,549 | ▼ 74.8% |
| Operating cash flow (approximation) | -€823 | -€674 | -€676 | -€832 | -€708 | -€886 | -€1,549 | ▼ 74.8% |
| Change in cash | - | €84 | -€139 | -€141 | €647 | -€472 | -€217 | ▲ 54.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 30-07-2025 | 2025-00355045 |
| 31-12-2023 | micro format | 18-08-2024 | 2024-00348874 |
| 31-12-2022 | micro format | 03-08-2023 | 2023-00310544 |
| 31-12-2021 | micro format | 25-08-2022 | 2022-20327669 |
| 31-12-2020 | micro format | 24-08-2021 | 2021-52500062 |
| 31-12-2019 | micro format | 31-10-2020 | 2020-67200105 |
| 31-12-2018 | micro format | 13-08-2019 | 2019-47000413 |
| 31-12-2017 | micro format | 23-07-2018 | 2018-37100433 |
| 31-12-2016 | micro format | 31-07-2017 | 2017-40000377 |
| 31-12-2015 | full format | 30-08-2016 | 2016-53000190 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
14-08
Gazette deed
Legal-form change · Resignations & appointmentsResignation: Valérie Thibaut (manager) · Reappointment: Valérie Thibaut (director) · Incorporation18 facts ▸
- General meeting, 07-08-2025
- Incorporation, 06-11-2013
- Other provision, “historique statuts” (deed in French)
- Other provision, 07-08-2025
- Purpose change
- Other provision, “avertissement notaire autorisations préalables, exercice objet peut requérir attestations,autorisations ou licences préalables” (deed in French)
- Amendment of the articles, 3
- Legal-form conversion, “société à responsabilité limitée” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “rendre disponible pour distribution”, 12800 (deed in French)
- Other provision, “actionnaires existants, apports non libérés non appelés” (deed in French)
- Other provision, “solvabilité et liquidité, double test distribution dividendes tantièmes” (deed in French)
- +6 further facts in this act
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 21 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25071B0444/00D000 | Wallonia | 2,998 m² | 1 · 86 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La prestation de tous services à fournir aux entreprises,notamment en matière administrative,financière ou économique.La société peut…” (deed in French)
10 activities (deed in French)
- La prestation de tous services à fournir aux entreprises,notamment en matière administrative,financière ou économique.La société peut constituer des garanties personnelles ou réelles au profit de tiers,personnes physiques ou morales,assumer l’étude et le développement de marchés commerciaux ou financiers,la recherche de partenaires,l’étude et la réalisation de fusions et d’acquisition d’entreprises ou de sociétés;l’organisation et le financement de toutes entreprises commerciales,immobilières ou financières;participer dans la gestion de ces entreprises,notamment en tant que membre du conseil d’administration ou en tant que gérante
- Toutes opérations se rapportant directement ou indirectement aux opérations relatives à l’activité de traduction et d’interprétation ainsi qu’à celle de travaux administratifs et de secrétariat et ce,au sens le plus large(élaboration,promotion et diffusion sous toutes leurs formes)
- Toutes activités liées à la dispense de cours de langues et de linguistique tant pour les entreprises,sociétés et associations quelconques que pour les personnes privées.Elle pourra en outre organiser des événements,conférences,colloques,séminaires,ateliers de formations
- Toutes activités liées à la consultance en stratégie et communication pour les entreprises et notamment,sans que l’énumération qui suit ne soit limitative,toutes activités liées au conseil en stratégie et communication des entreprises privées ou publiques.Elle pourra en outre organiser des événements,conférences,colloques,séminaires,ateliers de formations
- La prestation de services de coaching,de formation,de consultance,d’encadrement et d’assistance à la gestion sous quelque forme que ce soit
- La gestion,en général,de tous problèmes concernant le management et la gestion des entreprises
- L’organisation de toutes formations,séminaires,conférences,trainings à l’attention de ses clients
- Toutes opérations se rapportant directement ou indirectement aux opérations relatives à l’élaboration,la production,la promotion et la vente de textiles,y compris l’exploitation et la diffusion de ceuxci et la commercialisation des supports
- L’intermédiation économique ou commerciale internationale
- La société peut accepter tout mandat de gestion et d’administration,dans toute société et association quelconque et se porter caution pour toute personnes liée ou non liée en vue de faciliter la réalisation de l’objet social.Elle peut exercer toute activité de conseil en gestion d’affaires et en direction d’entreprises,ainsi que la prestation de tous services s’y rapportant
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CHAM PROJECTS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, organe d’administration peut par simple décision créer sièges administratifs,sièges d'exploitation,agences,succursales et…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 12.- Pouvoirs de l’organe d’administration Chaque administrateur agissant seul représente la société à l'égard des tiers et en…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Durée à déterminer par assemblée générale, un ou plusieurs” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, mentions requises par le Code des sociétés et des associations,notamment droits aux bénéfices et droits de vote” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Organe d'administration, chacun des actionnaires” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of June at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour modifications aux statuts, en tout temps” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Entre tous actionnaires en proportion des actions, si actions non entièrement libérées,rétablissement égalité par distributions préalables…” (deed in French)