CHAMARANDE
ActiveSummary
The computed 12-month bankruptcy probability of CHAMARANDE is 1.5% (moderate). The 2025 annual accounts show negative equity (-€716,657) and a net result of -€47,615. Equity is shrinking by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 11% of 18973 sector peers (fiscal year 2025). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability14▼-58
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 7.74 against 7.99 in 2024; short-term debt: 12.9% and cash: 14.1% of total assets), but equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-62.1%
Return on assets
-4.1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€716,657
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 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
14 d early
2023
23 d late
2022
17 d late
2021
11 d late
2020
9 d early
2019
36 d early
← 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 8 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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 11 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€716,657▼ 7.1%
2024 · -€669,042
Total assets
€1.2m▼ 4.1%
2024 · €1.2m
Net result
-€47,615
2024 · €28,123
Working capital
€1.0m▼ 4.5%
2024 · €1.1m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€0.02m▲ 41.8%-€0.04m▼ 81.2%-€0.05m▼ 50.0%€0.03m-€0.05m
Net result-€0.02mbelow the sector's middle half▲ 41.8%-€0.04mbelow the sector's middle half▼ 79.2%-€0.05mbelow the sector's middle half▼ 49.7%€0.03mabove the sector's middle half-€0.05mbelow the sector's middle half
Equity-€0.6mbelow the sector's middle half▼ 3.5%-€0.6mbelow the sector's middle half▼ 6.1%-€0.7mbelow the sector's middle half▼ 8.6%-€0.7mbelow the sector's middle half▲ 4.0%-€0.7mbelow the sector's middle half▼ 7.1%
Total assets€1.5mabove the sector's middle half▼ 1.3%€1.4mabove the sector's middle half▼ 2.4%€1.2mabove the sector's middle half▼ 17.8%€1.2mabove the sector's middle half▲ 2.6%€1.2mabove the sector's middle half▼ 4.1%
Debt€2.1m=€2.1m▲ 0.1%€1.9m▼ 9.6%€1.9m▲ 0.1%€1.9m▼ 0.1%
Working capital€1.3mabove the sector's middle half▼ 1.5%€1.3mabove the sector's middle half▼ 2.8%€1.0mabove the sector's middle half▼ 19.9%€1.1mabove the sector's middle half▲ 2.8%€1.0mabove the sector's middle half▼ 4.5%
Solvency-41.4%below the sector's middle half▼ 1.9pp-45.0%below the sector's middle half▼ 3.6pp-59.4%below the sector's middle half▼ 14.4pp-55.6%below the sector's middle half▲ 3.8pp-62.1%below the sector's middle half▼ 6.5pp
Current ratio10.05above the sector's middle half▼ 0.189.70above the sector's middle half▼ 0.357.90above the sector's middle half▼ 1.807.99above the sector's middle half▲ 0.097.74above the sector's middle half▼ 0.25
Return on assets (ROA)-1.4%within the sector's middle half▲ 1.0pp-2.6%within the sector's middle half▼ 1.2pp-4.7%below the sector's middle half▼ 2.1pp2.3%within the sector's middle half▲ 7.0pp-4.1%below the sector's middle half▼ 6.5pp
Staff (FTE)11=1=
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.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €47,103 after €28,307 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€200 =
Current assets
€1.2m ▼ 4.1%
Equity and liabilities
Equity-€716,657
Debt€1.9m
Equity is negative: debt (€1.9m) exceeds the balance-sheet total (€1.2m).
Key figures and ratios
EBITDA
-€47,103▼
2024 · €28,434
Cash flow
-€47,615▼
2024 · €28,250
Quick ratio
1.11▼
2024 · 1.26
Interest coverage
-92.09▼
2024 · 143.94
Debt ≤ 1 year
€149,148▼
2024 · €150,691
Debt > 1 year
€1.7m=
2024 · €1.7m
Staff costs
€33,796▲
2024 · €32,236
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,242 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 93% are still going.
- Small
- 20 years or older
- negative equity
- a small loss
1.9%
went bankrupt
4.0%
stopped otherwise
93%
still going
A further 1.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.5% 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 497,341 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% 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 1,242 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €29,636 | €29,655 | €31,390 | €32,236 | €33,796 | ▲ 4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €622 | €506 | €380 | €127 | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | - | €2,604 | €0 | ▼ 100% |
| Gross operating margin9900 | €10,109 | -€6,349 | -€23,003 | €63,273 | -€13,307 | ▼ 121% |
| Operating profit (loss)9901 | -€20,149 | -€36,511 | -€54,772 | €28,307 | -€47,103 | ▼ 266% |
| Financial income75/76B | - | €4 | €0 | €13 | €0 | ▼ 100% |
| Recurring financial income75 | - | €4 | €0 | €13 | €0 | ▼ 100% |
| Financial charges65/66B | €351 | €232 | €208 | €198 | €511 | ▲ 159% |
| Recurring financial charges65 | €351 | €232 | €208 | €198 | €511 | ▲ 159% |
| Profit (loss) for the period before taxes9903 | -€20,500 | -€36,739 | -€54,981 | €28,123 | -€47,615 | ▼ 269% |
| Profit (loss) for the period9904 | -€20,500 | -€36,739 | -€54,981 | €28,123 | -€47,615 | ▼ 269% |
| Profit (loss) for the period to be appropriated9905 | -€20,500 | -€36,739 | -€54,981 | €28,123 | -€47,615 | ▼ 269% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €1.4m | €1.2m | €1.2m | €1.2m | ▼ 4.1% |
| Fixed assets21/28 | €0.001m | €0.001m | €327 | €200 | €200 | = |
| Tangible fixed assets22/27 | €0.001m | €0.001m | €127 | €0 | - | - |
| Other tangible fixed assets26 | €0.001m | €0.001m | €127 | €0 | - | - |
| Financial fixed assets28 | €200 | €200 | €200 | €200 | €200 | = |
| Current assets29/58 | €1.5m | €1.4m | €1.2m | €1.2m | €1.2m | ▼ 4.1% |
| Stocks and contracts in progress3 | €1.1m | €1.1m | €1.0m | €1.0m | €1.0m | ▼ 2.5% |
| Stocks30/36 | €1.1m | €1.1m | €1.0m | €1.0m | €1.0m | ▼ 2.5% |
| Amounts receivable within one year40/41 | €312 | €98 | €0.01m | €0.006m | €0.003m | ▼ 46.5% |
| Trade receivables40 | - | - | €0.01m | €0.004m | €0 | ▼ 100% |
| Other amounts receivable41 | €312 | €98 | €0.004m | €0.002m | €0.003m | ▲ 88.3% |
| Cash at bank and in hand54/58 | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | ▼ 10.5% |
| Deferred charges and accrued income490/1 | €157 | €0.001m | €376 | €0.002m | €158 | ▼ 91.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €1.4m | €1.2m | €1.2m | €1.2m | ▼ 4.1% |
| Equity10/15 | -€0.6m | -€0.6m | -€0.7m | -€0.7m | -€0.7m | ▼ 7.1% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Non-distributable reserves130/1 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Reserves not available under the articles1311 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Profit (loss) carried forward14 | -€0.6m | -€0.7m | -€0.7m | -€0.7m | -€0.7m | ▼ 6.9% |
| Amounts payable17/49 | €2.1m | €2.1m | €1.9m | €1.9m | €1.9m | ▼ 0.1% |
| Amounts payable after more than one year17 | €1.9m | €1.9m | €1.7m | €1.7m | €1.7m | = |
| Other amounts payable178/9 | €1.9m | €1.9m | €1.7m | €1.7m | €1.7m | = |
| Amounts payable within one year42/48 | €0.1m | €0.1m | €0.1m | €0.2m | €0.1m | ▼ 1.0% |
| Trade debts44 | €0.001m | €0.002m | €0.003m | €0.002m | €0.003m | ▲ 69.1% |
| Suppliers440/4 | €0.001m | €0.002m | €0.003m | €0.002m | €0.003m | ▲ 69.1% |
| Taxes, remuneration and social security45 | €0.002m | €0.003m | €0.004m | €0.008m | €0.005m | ▼ 33.8% |
| Taxes450/3 | - | €210 | €0 | €0.001m | €125 | ▼ 87.6% |
| Remuneration and social security454/9 | €0.002m | €0.003m | €0.004m | €0.007m | €0.005m | ▼ 25.8% |
| Other amounts payable47/48 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€20,500 | -€36,739 | -€54,981 | €28,123 | -€47,615 | ▼ 269% |
| + Depreciation and write-downs630 | €622 | €506 | €380 | €127 | €0 | ▼ 100% |
| Operating cash flow (approximation) | -€19,878 | -€36,233 | -€54,601 | €28,250 | -€47,615 | ▼ 269% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €1,373 | -€124,163 | -€26,365 | -€19,094 | ▲ 27.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-09
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- General meeting, 31-08-2026
- Registered-office move, 282 boite 17 chaussée de Vleurgat / 1050 Ixelles
15-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €28,123
Net result €28,123 after 6 loss-making years.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 17 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 1 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2004
Ground area
1,269 m²
Building footprint
827 m²
Volume, LiDAR
13,370 m³
2 parcels, Brussels · tallest building 19.9 m, ±6 floors. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
CHAMARANDE sprl
since 2004unit no. 2.133.463.827
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0139/00E013 | Brussels | 1,078 m² | 1 · 724 m² | 19.9 m · 6 fl. |
| 21447B0273/00E005 | Brussels | 191 m² | 1 · 104 m² | 15.9 m · 4 fl. |
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.
Articles of association
Registered office clause
Chaussée de Vleurgat 282 boîte 17, 1050 Ixelles, 01-09-2026
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 2,016 companies in this sector we hold annual accounts for 900. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded16-07-2003
Fiscal year end31-12
Activities, NACEBEL 2025
47770Retail sale of watches and jewellery
47791Retail sale of antiques
E-invoicing
Reachable via Peppol
Peppol ID
0208:0859653392
Registered
29-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.