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CHAMAX

Active Public limited companyfounded 2007active for 19 yearsPoekelaan 43, 8791 WaregemKBO/BCE: BE 0891.440.292
CHAMAX
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Overview

Lifetime

18 annual accounts with figures on one time axis
peak €1.2m (2021)
€789,303▲ 0.5%
lowest -€84,961 (2024)
€23,205▲ €108,166
peak €343,947 (2023)
€282,190▲ 9.0%
€1.3m▼ 2.5%
peak 18 FTE (2022)
11.8 FTE▼ 11.3%
Board4 names since 2020
1 directorBrumico
Owners
  
Documentsfilings and deeds
23-03-202638 days before the deadline
2025abbreviated format
Back to profit: €23,205Staff from 13.3 FTE to 11.8 FTE1 establishment registered

Key points

from the 2025 annual accounts

Result

€23,205 €23,205
-€85,0002024€23,2002025

Back in profit in 2025, after a loss of €84,961 in 2024.

Turnover

≈ €4.2m estimated

The abbreviated format states no turnover.

Debts

€1.3m 82% of the balance sheet
Financial debts 29%Suppliers 6%Taxes and wages 5%Other 60%

Of this, €928,522 falls due within a year.

Investments

€46,499 0.3 × depreciation
2022202320242025

Green is investment, beige is depreciation.

Staff

11.8 FTE from 18 in 2022

Between 2022 and 2025, 34% of the full-time equivalents disappeared.

Filings

18 annual accounts since 2008
deadline2010201520202025

The 2016 accounts came 5 days late. The other nine of the last ten were filed on time.

Checked score

70
Healthy
Financially stronger than 47% of small companies in retail trade (NACE 47)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 3,697 companies (NACE 47, small).

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4%lowest value 01-2025: 0.5%▲ +0.1 percentage points vs 12-2024 02-2025: 0.6%▲ +0.1 percentage points vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.7%▲ +0.1 percentage points vs 03-2025 05-2025: 1.6%▲ +0.9 percentage points vs 04-2025 06-2025: 1.6%● unchanged vs 05-2025 07-2025: 1.6%● unchanged vs 06-2025 08-2025: 1.6%● unchanged vs 07-2025 09-2025: 1.6%● unchanged vs 08-2025 10-2025: 1.6%● unchanged vs 09-2025 11-2025: 1.7%▲ +0.1 percentage points vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.8%▲ +0.1 percentage points vs 12-2025 02-2026: 2.1%▲ +0.3 percentage points vs 01-2026highest value 03-2026: 2.1%● unchanged vs 02-2026 04-2026: 1.0%▼ -1.1 percentage points vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 0.6%▼ -0.4 percentage points vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026 11-2026: 0.6%● unchanged vs 10-2026

Financial strength
Average

42+1equity 17.3% of total assets
33-4short-term debt 57.0% · cash 9.9%
71+51return on assets 1.4%

Score breakdown

raises risk
Size: 11.8 FTE, total assets €1.6m
Equity €282,190 (17.3% of total assets)
Sector: Retail trade (NACE 47)
lowers risk
Founded in 2007
Calculation

The band follows from the bankruptcy probability. 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 47, small). It does better than 32% of them on solvency, 35% on liquidity, 57% on profitability and 63% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 30-09-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 4,107 companies had the same profile as CHAMAX has now. Each dot stands for 11 companies, two years later.

97.9%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of CHAMAX itself: 0.6% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,107 companies, not a prediction for CHAMAX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €19,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.11 (1.26 in 2024), below the usual 1.5. Short-term debt is 57% and cash 9.9% of total assets. 82.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Size: 11.8 FTE, total assets €1.6m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2007
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Equity €282,190 (17.3% of total assets)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-03-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 days early
2024
27 days early
2023
42 days early
2022
31 days early
2021
30 days early
2020
60 days early
2019
34 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 37 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 30 March (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

B
Brumico
Director, Mieke Verscheure, since 01-10-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0891440292
New establishment in Waregem Logistics, Poekelaan 43
Registered office moved from Kuurne to Waregem New registered office: Poekelaan 43C, 8791 Waregem · Previous registered office: Ter Ferrants 9 bus 02, 8520 Kuurne · General meeting of 01-03-2024 · Gazette deed
1 director appointed Brumico · Permanent representatives: Mieke Verscheure and Bruno Lietaer · Gazette deed
All 34 events

Comparable companies

same main activity, similar in size and age
Company
CHAMAX Waregem €1.6m €0.8m 17.3% 11.8
TIMMER- EN SCHRIJNWERK WOUTER MASSELIS Wevelgem €1.6m €0.8m 42.5% 10.7
BEDDENMARKT Antwerp €1.8m €0.7m 2.0% 12.4
CUISINES CONSTANT INTERIOR & DESIGN Soumagne €2.1m €0.7m 23.1% 9.7
Nevia ialo Deinze €1.0m €0.8m 53.5% 10.9
Jofa Roeselare €1.8m €0.6m 19.4% 9.4
VILLA INTERNO Kortrijk €1.7m €1.2m 17.6% 16.2

These companies have the same main activity as CHAMAX: retail sale of household furniture (NACE 47551). They are comparable in size and age: total assets between €1m and €2.1m, founded between 1999 and 2013.

Official details

Source: KBO
Status
Active since 16-08-2007Normal situation
Activity
Retail sale of household furnitureNACE 47551
Joint committees
201Independent retail
126Furnishing and woodworking · annual accounts 30-09-2025
Establishment units
2.165.255.3788500 Kortrijk, since 16-08-2007
2.369.913.6018791 Waregem, since 01-01-2025
Financial year end
30 September
Peppol
Reachable since 15-12-2025
Company details

Annual accounts to 30-09-2025

€789,303▲ 0.5%
€23,205
€282,190▲ 9.0%
€1.6m▼ 0.9%
Employeeson 30-09-2025
13▼ 13.3%
Filing
Filed on 23-03-2026, 38 days before the end of the filing period
Financials

Insights on CHAMAX

CHAMAX files the abbreviated format. That format states no turnover. The gross margin rose from €149,377 in 2008 to €789,303 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 23-03-2026, 38 days before the deadline
€789,303
▲ 0.5%
€17,331
▲ €116,312
€167,058
▲ 564%
€172,932
▲ 341%
17.3%
▲ 1.6 percentage points
1.11
▼ 0.16

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €4.2m. Estimated: probably between €2.6m and €6.3m.

Amounts without an identifiable currency are taken as euros.

Balance sheet

balance sheet total €1.6m on 30-09-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

17.3%

Higher than 28% of 12,856 companies in 2025.

1.11

Higher than 31% of 12,646 companies in 2025.

1.4%

Higher than 34% of 12,719 companies in 2025.

CHAMAX Middle half of the sector 80% of the sector Abbreviated accounts in retail trade (NACE 47)

Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: middle half · Staff: top quarter

Staff

€59,032

Staff costs divided by the average number of full-time equivalents.

-2 people

people who joined people who left

In 2025, 3 people joined and 5 left. Training hours in 2025: 2,988.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014201320122011201020092008
Balance sheet: assets
20/58 1.6m1.6m1.7m1.6m1.7m1.7m1.4m981,897652,231651,535610,011728,233615,760727,520661,913668,404775,440553,161
20 262,411230,991----00000000000-
21/28 341,350404,863274,842257,605178,579190,880234,642166,08443,12870,058130,227182,227107,322104,843140,731171,909203,394235,683
21 44,646-----0007,47714,95322,43029,906003364,1217,211
22/27 266,783374,980268,851251,620172,374185,170228,942166,08443,12862,581115,274159,79777,416104,843140,731171,573199,273228,472
22 ------00000000000-
23 5,46312,55019,06129,50426,83721,03814,34311,56013,8414,3998,4931,2191,4992,9985,1447,7713,1774,080
24 22,16341,83066,92056,81438,15211,7777,88104,2018,40112,60216,80205595,8005,22915,92518,384
26 239,157320,601182,870165,302107,385152,355206,719154,52425,08749,78194,179141,77675,917101,286126,656152,025170,206192,627
27 ------00000000000-
28 29,92229,8825,9905,9856,2055,7105,7000000000000-
29/58 1.0m1.0m1.5m1.4m1.5m1.5m1.2m815,812609,103581,477479,784546,006508,437622,677521,182496,495572,046317,478
29 205,041128,146146,681167,399189,61027,036152,769123,43594,41459,249-000000-
290 ------00000000000-
291 205,041128,146146,681167,399189,61027,036152,769123,43594,41459,2490000000-
3 509,321574,190717,344643,750711,476614,547554,782440,008336,856331,056298,629317,628296,681291,623275,681237,500223,250202,669
30/36 509,321574,190717,344643,750711,476614,547554,782440,008336,856331,056298,629317,628296,681291,623275,681237,500223,250202,669
37 ------00000000000-
40/41 137,335153,719142,007181,862211,940195,466112,11476,40994,33790,412121,799218,442168,747275,750192,838245,994191,57955,646
40 137,050133,610138,787158,962118,918195,466112,11470,70994,33790,41265,393160,66484,371183,552104,529140,150147,92638,060
41 28520,1093,22022,90093,023-05,7000056,40657,77884,37692,19888,309105,84343,65317,586
50/53 ------00000000000-
54/58 161,647142,083430,592326,197389,586670,792277,685166,56470,11599,28649,4415,37039,24748,37750,68011,215154,61657,456
490/1 12,74910,17419,07733,03022,4787,331102,5459,39513,3811,4749,9144,5663,7626,9271,9841,7862,6001,707
Balance sheet: equity and liabilities
10/49 1.6m1.6m1.7m1.6m1.7m1.7m1.4m981,897652,231651,535610,011728,233615,760727,520661,913668,404775,440553,161
10/15 282,190258,985343,947326,623306,185226,03848,74792,23876,03384,43283,23861,032100,00980,85279,27078,49065,65951,338
10/11 95,00095,00095,00095,00095,00095,00095,00095,00095,00095,00095,00095,00095,00095,00095,00095,00095,00095,000
10 95,00095,00095,00095,000--------------
100 95,00095,00095,00095,00095,00095,00095,00095,00095,00095,00095,00095,00095,00095,00095,00095,00095,00095,000
101 ------00000000000-
11 ------00000000000-
1100/10 ------00000000000-
12 ------00000000000-
13 20,50020,50020,50020,50020,50020,50020,50018,6414,8214,8214,8214,8214,8212,776000-
130/1 9,5009,5009,5009,5009,5009,500-----000000-
130 9,5009,5009,5009,5009,5009,5009,5007,6414,8214,8214,8214,8214,8212,776000-
1312 ------00000000000-
1319 ------00000000000-
132 11,00011,00011,00011,00011,00011,00011,00011,000000000000-
133 ------00000000000-
14 166,690143,485228,447211,123190,685110,538-66,753-21,404-23,787-15,389-16,583-38,788188-16,925-15,730-16,510-29,341-43,662
15 ------00000000000-
19 -----------000000-
16 12,70215,68015,57117,52848,12741,36234,30326,26918,44910,073-000000-
160/5 12,70215,68015,57117,52848,12741,36234,30326,26918,44910,0730000000-
160 ------0000--------
161 ------0000--------
162 ------0000--------
163 ------0000--------
164/5 12,70215,68015,57117,52848,12741,36234,30326,26918,44910,073--------
168 ------00000000000-
17/49 1.3m1.4m1.4m1.3m1.3m1.4m1.4m863,390557,748557,030526,773667,201515,751646,668582,643589,914709,781501,823
17 376,378542,855352,713242,166184,226212,081234,826150,809-11,86150,44887,79527,13654,28081,505109,973147,164207,110
170/4 376,378542,855352,713242,166184,226212,081234,826150,809-11,86150,44887,79527,13654,28081,424108,945145,273200,113
175 ------00000000811,0291,8916,997
176 ------00000000000-
178/9 ------00000000000-
42/48 928,522798,512996,313987,3641.1m1.2m1.1m706,252537,321529,284469,960569,706462,382583,662498,130463,580543,398289,620
42 166,477187,215116,42058,70754,35541,41544,663011,86138,58637,74163,66327,14427,14428,46933,37759,94659,730
43 6,338--043,833---25,000--060,0000015,0000-
430/8 6,338--043,833-0025,00000060,0000015,0000-
439 ------00000000000-
44 78,681115,118153,155149,058223,520269,212171,662168,666142,676152,741189,668258,672106,137221,340188,324198,100190,01456,422
440/4 78,681115,118153,155149,058223,520269,212171,662168,666142,676152,741189,668258,672106,137221,340188,324198,100190,01456,422
441 ------00000000000-
46 544,125416,921621,478589,711521,442524,865563,700340,380306,089275,542202,506224,558191,072221,071232,739183,914244,633144,648
45 72,18279,25885,261119,888101,938184,808123,31696,20651,69462,41440,04522,81349,53046,10748,59833,19048,80628,820
450/3 16,2405,19814,05239,64023,467106,35939,75439,46519,27542,95819,2774,96628,02123,33328,85614,87329,59412,661
454/9 55,94274,06071,20980,24878,47178,44983,56356,74132,41919,45620,76817,84621,50922,77419,74218,31619,21116,159
47/48 60,719020,00070,000200,406187,147200,000101,000000028,50068,000000-
492/3 30,06328,13421,99936,16119,63719,12613,3196,32920,42815,8856,3659,70026,2338,7263,00816,36019,2195,093
Income statement
70 -------0000000000-
76A 26,60424,73216,0215,5033,820-00007,0501,50006,984000-
9900 789,303785,724951,9271.1m1.2m1.2m751,086591,845269,359249,626191,751146,292226,535281,421206,806256,754214,240149,377
60/61 -------0000000000-
62 696,572817,451805,676978,042844,729712,812578,927429,138230,865236,514210,267202,823168,909182,764176,977209,270140,895137,512
630 149,727124,134110,94683,57461,58369,62035,20664,17243,96561,74963,36862,98934,90432,90537,14539,00039,61041,189
631/4 0-5,4310-21,02610,822-04,9435,63502,042-8124762,1071,297-7391,162-
635/8 -2,978109-1,957-30,5996,7657,0598,0347,8198,37710,0730000000-
640/8 3,4717,9464,3364,71110,1546,2886,02110,4658,9108,29415,7879,0847,18210,5587,39913,3209,1152,537
649 -77,619-59,505----00000000000-
66A 2,798074013,5020000007,1833,4024,857000-
9901 17,331-98,98032,85268,732288,290405,172122,89875,307-28,393-67,005-99,714-127,79115,06453,088-16,011-4,09723,458-31,861
75/76B 32,26742,20740,66943,53547,65938,90944,87640,06727,90680,734126,326105,43272,97430,80528,62425,3777,85810,123
75 32,26742,20740,66943,53547,65938,90944,87637,96527,90680,434126,326105,43272,97430,80528,62425,3777,85810,123
76B ------02,1020300--------
65/66B 25,41227,04424,37413,98210,6598,55510,62811,9188,0667,4359,14410,7808,95812,0428,8208,89316,54221,920
65 25,41227,04424,37413,98210,6598,55510,44411,9188,0667,4359,14410,7808,95812,0428,8208,89316,54221,920
66B ------184000--------
9903 24,187-83,81849,14798,285325,290435,526157,145103,457-8,5536,29424,517-38,82375,67873,9773,79212,38814,774-43,658
67/77 9811,14411,8237,84745,14371,08863612,253-1555,1002,31115328,0214,3953,012-4434534
9904 23,205-84,96137,32490,438280,147364,437156,50991,204-8,3981,19422,206-38,97747,65769,58178012,83114,321-43,662
789 ------00000000000-
689 ------011,000000000000-
9905 23,205-84,96137,32490,438280,147364,437156,50980,204-8,3981,19422,206-38,97747,65769,58178012,83114,321-43,662
Appropriation of the result
9906 166,690143,485248,447281,123390,685297,685135,10656,417-23,787-15,389-16,583-38,78830,73353,852-15,730-16,510-29,341-43,662
14P 143,485228,447211,123190,685--------------
791/2 ------00000000000-
691/2 -----01,8592,821---02,0442,776000-
691 ------00000000000-
6920 -----01,8592,82100002,0442,776000-
6921 ------00000000000-
694/7 -020,00070,000200,000187,147200,00075,000---028,50068,000000-
694 ------00000028,5000000-
695 -020,00070,000200,000175,000200,00075,0000000068,000000-
696 ----012,1470000--------
Social balance sheet
9087 11.813.313.31816.615.111.69.35.35.14.94.243.53.44.63.52.7
Hours worked1013 20,22422,94021,95530,37027,95523,21019,75015,7568,9057,7268,3267,1206,8686,1365,9888,1516,1244,898
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 22 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 23-03-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-09-2025 abbreviated format 23-03-2026 2026-00061898 PDF
30-09-2024 abbreviated format 03-04-2025 2025-00064719 PDF
30-09-2023 abbreviated format 19-03-2024 2024-00046438 PDF
30-09-2022 abbreviated format 30-03-2023 2023-00053794 PDF
30-09-2021 abbreviated format 31-03-2022 2022-09800217 PDF
30-09-2020 abbreviated format 01-03-2021 2021-06600547 PDF
30-09-2019 abbreviated format 27-03-2020 2020-08000327 PDF
30-09-2018 abbreviated format 09-04-2019 2019-09900215 PDF
30-09-2017 abbreviated format 30-04-2018 2018-11700229 PDF
30-09-2016 abbreviated format 05-05-2017 2017-11500019 PDF
30-09-2015 abbreviated format 22-03-2016 2016-07400053 PDF
30-09-2014 abbreviated format 02-04-2015 2015-09300040 PDF
30-09-2013 abbreviated format 27-03-2014 2014-07600090 PDF
30-09-2012 abbreviated format 18-03-2013 2013-06600375 PDF
30-09-2011 abbreviated format 30-04-2012 2012-10200426 PDF
30-09-2010 abbreviated format 26-04-2011 2011-09200017 PDF
30-09-2009 abbreviated format 29-04-2010 2010-10500403 PDF
30-09-2008 abbreviated format 31-03-2009 2009-09400086 PDF

Subsidies and aid

Flemish government 2022 to 2025, 5 entries, €3,267 awarded, €3,087 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€1,447
Premie kwalificerend werkplekleren
€1,000
Stagebonus (discontinued)
€500
Vlaams opleidingsverlof (VOV)
€320
Year Entries AwardedPaid
2025 1 €320€320
2024 2 €1,237€1,057
2022 2 €1,710€1,710

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014201320122011201020092008
167,05825,154143,798152,306349,874474,792158,104139,47915,572-5,256-36,346-64,80249,96885,99221,13434,90363,0689,328
172,93239,173148,270174,012341,731434,057191,716155,37635,56762,94385,57424,01382,561102,48637,92551,83153,931-2,473
46,538258,261133,243165,00849,21725,85798,064187,12817,0361,58011,369143,22137,38305,96715,7987,321276,872
19,564-288,509104,395-63,389-281,206393,107111,12196,450-29,17149,84444,071-33,876-9,130-2,30339,465-143,40297,160-
97,572209,800459,388364,874379,596307,72796,553109,56071,78252,1939,824-23,70046,05539,01523,05232,91428,64827,858
17.3%15.8%19.9%20.3%18.0%13.2%3.4%9.4%11.7%13.0%13.6%8.4%16.2%11.1%12.0%11.7%8.5%9.3%
1.111.261.461.371.331.251.091.161.131.101.020.961.101.071.051.071.051.10
0.560.540.740.720.710.750.580.530.510.470.390.400.460.570.490.560.640.40
4.735.293.993.884.416.3627.729.367.346.606.3310.935.168.007.357.5210.819.77
8.2%-32.8%10.9%27.7%91.5%161.2%321.1%98.9%-11.0%1.4%26.7%-63.9%47.7%86.1%1.0%16.3%21.8%-85.0%
1.4%-5.2%2.2%5.6%16.4%21.4%10.9%9.3%-1.3%0.2%3.6%-5.4%7.7%9.6%0.1%1.9%1.8%-7.9%
6.570.935.9010.89--------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item30-09-202530-09-202430-09-202330-09-2022
Employees at the balance-sheet date13151316
full-time8101113
part-time5523
in full-time equivalents11.81412.815.6
11.813.313.318
On a permanent contract11131316
Joined3503
Left5035
Training hours2,988---

Source: social balance sheet in the 2022 to 2025 annual accounts

Investments

fixed assets acquired
Item30-09-202530-09-202430-09-202330-09-2022
Tangible fixed assets€1,005€234,233€133,238€164,728
Intangible fixed assets€45,494---
Financial fixed assets€39€24,027€5€280
€149,727€124,134€110,946€83,574

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on CHAMAX

The operating result for 2025 is a profit of €17,331, after a loss of €98,980 in 2024.

Debt's share of the balance-sheet total falls from 83.3% to 81.9%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2021
Brumico BV
Director, permanent representative Mieke Verscheure
since 01-10-2021 6-year term from 2021
listed in the 2025 annual accounts, filed on 23-03-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Vertegenwoordigingsbevoegdheid (artike! 18): De vennootschap wordt jegens derden en in rechte geldig vertegenwoordigd door de enige…”
deed of 10-11-2021
Permanent representatives 1
Mieke Verscheure
Permanent representative, for Brumico
appointed by deed of 10-11-2021

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today
Brumico
Director
LIETAER Bruno
Director
Mieke Verscheure
Director
NOLIMIET
Director
BoardEarlierRest of the termmandate already running before its first mentionend not dated
Mandates as a list
  • Brumico
    • Director, from 01-10-2021 to date
  • LIETAER Bruno
    • Director, until 24-01-2020
  • Mieke Verscheure
    • Director, until 24-01-2020
  • NOLIMIET
    • Director, from 10-01-2020, last mentioned in 2020

See the board, name and registered office on a given date →

Control

Shareholder in 2008
VERLIKO
21.05%
This company
CHAMAX
Equity €282,190
Profit €23,205 in 2025

Capital

Capital
€95,000
Shares
95
Contribution per share
€1,000
Equity per share
€2,970 in 2025
Source
deed of 24-01-2020

Owners through the years

as the annual accounts name them
VERLIKO
21.05%
21.05%
Owners as a list

Source: lists of holdings in the owners' accounts

Articles of association

deed of 24-01-2020 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 3 directors
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of March
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Bevoegdheden vereffenaars, tenzij algemene vergadering anders besluit bij gewone meerderheid van stemmen”

Network & group

No group

CHAMAX has no parent and no holdings in its annual accounts. Brumico is the only director.

At the same address

Poekelaan 43, 8791 Waregem · 1 other company
THERMA
registered office since 29-12-2015 · founded in 2015
 total assets €499,438 (2025)
0644.933.105

Connections & network

1 current director
Depth

The network lets you explore the ties of CHAMAX.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

34 events since 2007

Deadline for the 2026 accounts: 30-04-2027

2026
Annual accounts 2025 filed PDFabbreviated format · 38 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0891440292
Back to profit net €23,205 The net result is €23,205, after one loss-making year.
Annual accounts 2024 filed PDFabbreviated format · 27 days before the deadline
New establishment in Waregem Logistics, Poekelaan 43
2024
Weakest financial year net -€84,961 The net result drops to -€84,961, the lowest from 2008 to 2025. It recovers the following year.
Registered office moved from Kuurne to WaregemNew registered office: Poekelaan 43C, 8791 Waregem · Previous registered office: Ter Ferrants 9 bus 02, 8520 Kuurne · General meeting of 01-03-20242 points ▸
  • General meeting, 01-03-2024
  • Registered-office move, Poekelaan 43C, 8791 Waregem

Open the deed in the Belgian Official Gazette

Annual accounts 2023 filed PDFabbreviated format · 42 days before the deadline
2023
Annual accounts 2022 filed PDFabbreviated format · 31 days before the deadline
2022
Annual accounts 2021 filed PDFabbreviated format · 30 days before the deadline
2021
1 director appointedBrumico · Permanent representatives: Mieke Verscheure and Bruno Lietaer3 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2020 filed PDFabbreviated format · 60 days before the deadline
2020
Highest result from 2008 to 2025 net €364,437 ▲133% The operating result of €405,172 and the net result of €364,437 are both a record.
Equity above €200,000 equity €226,038 ▲364% After 3 profitable years in a row, equity reaches €226,038.
Annual accounts 2019 filed PDFabbreviated format · 34 days before the deadline
2 directors resigning, 1 reappointmentResignations: LIETAER Bruno and VERSCHEURE Mieke · Reappointment: NOLIMIET · Permanent representative: LIETAER Bruno8 points ▸

Open the deed in the Belgian Official Gazette

2019
Annual accounts 2018 filed PDFabbreviated format · 21 days before the deadline
2018
Back to profit net €91,204 The net result is €91,204, after one loss-making year.
Environmental permit granted OmgevingsloketNieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning) · Waregem
Annual accounts 2017 filed PDFabbreviated format · on the deadline day
2017
Annual accounts 2016 filed PDFabbreviated format · 5 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 39 days before the deadline
2015
Back to profit net €22,206 The net result is €22,206, after one loss-making year.
Annual accounts 2014 filed PDFabbreviated format · 28 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 34 days before the deadline
2013
Equity above €100,000 equity €100,009 ▲23.7% After 5 profitable years in a row, equity reaches €100,009.
Annual accounts 2012 filed PDFabbreviated format · 43 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · on the deadline day
2011
Annual accounts 2010 filed PDFabbreviated format · 4 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 1 day before the deadline
2009
Back to profit net €14,321 The net result is €14,321, after one loss-making year.
Annual accounts 2008 filed PDFabbreviated format · 30 days before the deadline
2007
Incorporation PDFpublished on 24-08-2007
First establishment KVIK KORTRIJK, Gentsesteenweg 246, Kortrijk

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

CHAMAX was incorporated on 16 August 2007.1 The registered office was moved to Waregem in 2024.2 Total assets rose from €1.4m in 2019 to €1.6m in 2025 and headcount from 11.6 to 11.8 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 07-05-2024
  3. 3National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0891.440.292
VAT number
BE 0891.440.292
Peppol ID
0208:0891440292
Legal form
Public limited company
Status
Active, normal situation
Founded
16-08-2007
Financial year
ends on 30 September
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of March
deed of 24-01-2020 (in Dutch)
Peppol
Reachable since 15-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
CHAMAX in Dutch
Trade name
KVIK in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 24-01-2020 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 24-01-2020 (in Dutch)

Activities

NACEBEL 2025
VAT activities
47551 Retail sale of household furniture main activity
Social security (RSZ) activities
47551 Retail sale of household furniture main activity
Joint committees annual accounts 30-09-2025
JC 201 Independent retail
JC 126 Furnishing and woodworking
Codes under NACEBEL 2008
VAT activities
47591 Retail trade main activity
Social security (RSZ) activities
47591 Retail trade main activity
Codes under NACEBEL 2003
52441 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“De klein- en groothandel in artikelen voor interieurinrichting,meubelen,keukerns,badkamers,garderobekasten; De vervaardiging,de…”
9 activities
  1. De klein- en groothandel in artikelen voor interieurinrichting,meubelen,keukerns,badkamers,garderobekasten
  2. De vervaardiging,de productie,transport en installatie van artikelen voor interieurinrichting,meubelen,keukens,badkamers,garderobekasten
  3. Alle verrichtingen doen die direct of indirect betrekking hebben op het beheer,de aankoop,de verkoop,de verhuring en financiering van eigen roerende en onroerende goederen en/of diensten
  4. De vennootschap kan deze activiteiten uitvoeren zowel in eigen beheer als in onderaanneming,evenals de coördinatie ervan in onderaanneming
  5. De vennootschap kan bovendien alle werkzaamheden en rechtshandelingen verrichten die van aard zijn rechtstreeks of onrechtstreeks de verwezenlijking van haar voorwerp te bevorderen
  6. Zij kan het mandaat van bestuurder of vereffenaar uitoefenen in andere vennootschappen
  7. Belangen nemen,hetzij door deelneming,inbreng of elke andere wijze in alle vennootschappen,ondernemingen,syndicaten of groeperingen,bestaande of op te richten,zo in België als in het buitenland,die een gelijkluidend,aanvullend of soortgelijk voorwerp nastreven,of die van aard zijn de ontwikkeling van haar onderneming te bevorderen,behoudens wettelijke beperkingen ter zake
  8. De vennootschap kan persoonlijke of zakelijke borgen stellen in het voordeel van derden
  9. De vennootschap mag haar voorwerp verwezenlijken,zo in België als in het buitenland,op alle wijzen en manieren die zij het best geschikt zal achten
deed of 24-01-2020 (in Dutch)

Registered office and establishments

2 establishments
Establishment Since Unit number
KVIK KORTRIJK Gentsesteenweg 246, 8500 Kortrijk 16-08-2007 2.165.255.378
Logistics registered office Poekelaan 43, 8791 Waregem 31001 Manufacture of furniture 01-01-2025 2.369.913.601
1 former office
  • Ter Ferrants 9 bus 02, 8520 Kuurne until 15-12-2023 · deed of 07-05-2024

Buildings and parcels at the addresses

Ground area
2,759 m²
Buildings
735 m²
Volume, LiDAR
3,492 m³
Tallest building
9.0 m
Buildings to scale, each on its own parcel
543 m², 5.6 m 192 m², 9.0 m 543 m², 5.6 m 192 m², 9.0 m

Environmental permits

1 application in Flanders since 2018 · 1 granted
05-07-2018 Granted Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning) submitted 30-05-2018 · project 2018065536 Waregem

Source: Omgevingsloket Vlaanderen.

Location

registered office establishment All 2 establishment units on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
34353A1188/00H0051,884 m² 1 · 543 m² 5.6 m · 2
34006B0539/00S005875 m² 1 · 192 m² 9.0 m · 2

Recognitions

Dual-learning approval

6 live approvals · 10 ended
Binnenschrijnwerk en interieur duaal (so)
approved · 2024 to 2029
Interieurbouwer duaal (so)
approved · 2026 to 2031
Machinaal houtbewerker duaal (so)
approved · 2026 to 2031
Magazijnmedewerker (vwo)
approved · 2026 to 2031
Magazijnmedewerker duaal (so)
approved · 2026 to 2031
Medewerker hout duaal (so)
approved · 2026 to 2031
Show 10 ended approvals
Interieurbouwer duaal (so)
ended · 2021 to 2026
Machinaal houtbewerker duaal (so)
ended · 2021 to 2026
Magazijnmedewerker (vwo)
ended · 2021 to 2026
Magazijnmedewerker duaal (so)
ended · 2021 to 2026
Medewerker hout duaal (so)
ended · 2021 to 2026
Interieurbouwer (so)
discontinued · 2021 to 2025
Magazijnmedewerker (so)
discontinued · 2021 to 2025
Plaatser interieurelementen (so)
discontinued · 2021 to 2025
Interieurbouwer (so)
ended · 2016 to 2021
Plaatser interieurelementen (so)
ended · 2016 to 2021

Contact

Website www.kvik.be/kortrijk establishment in Kortrijk
E-mail info@kortrijk.kvik.be establishment in Kortrijk
Phone +32 56 28 24 82 establishment in Kortrijk

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