CHAMI
ActiveSummary
CHAMI has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.3m and a net result of €118,660. Equity has been growing by about 15% per year since 2018. Its solvency ranks better than 56% of 17,145 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 10-12-2009 Normal situation
- Activity
- Property management for co-owned buildings (syndics) NACE 68321
- Financial year end
- 31 December
- Peppol
- Reachable since 05-10-2025
Board and ownership
- Chantal VanrenterghemDirector · since 01-12-2009
- VCM32.61%· score 9330-12-2025 annual accounts of VCM
- Holdings
- Shares in 1 company C & C INVEST
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €509,245
- ▲ 3.4%
- Turnover
- ≈ €1.2m
- estimated
- Profit
- €118,660
- ▼ 30.5%
- Equity
- €2.3m
- ▲ 5.5%
- Total assets
- €6.2m
- ▲ 6.2%
- 2025 accounts filed 26 days after the deadline
Score breakdownraises riskLiquidity: current ratio 0.33, cash €176,688No registered site in the KBOlowers riskSize: total assets €6.2mFigures for financial year 2025 (filed on 27-08-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, small). It does better than 56% of them on solvency, 22% on liquidity, 71% on profitability and 64% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 17 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 26 days after the deadline Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00434806.
Annual accounts 2025 filed on 26-08-2026 at the NBB all 16 filings
Every figure per financial year
The operating result for 2025 is 23% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €784,175 | - | €835,170 |
| Intangible fixed assets | - | - | - | - | €81,305 |
| Financial fixed assets | - | - | - | €34,674 | €0 |
| Depreciation and write-downs of the year | €161,400 | €160,529 | €158,997 | €159,576 | €235,987 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €17,901 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €90,262 | €161,630 | €161,907 | €161,400 | €160,529 | €158,997 | €159,576 | €235,987 | ▲ 47.9% |
| Other operating charges640/8 | - | - | - | €13,503 | €21,171 | €30,132 | €23,389 | €35,107 | ▲ 50.1% |
| Gross operating margin9900 | €194,126 | €497,918 | €325,363 | €359,188 | €383,975 | €387,391 | €492,395 | €509,245 | ▲ 3.4% |
| Operating profit (loss)9901 | €94,421 | €326,707 | €160,725 | €184,285 | €202,275 | €198,262 | €309,430 | €238,151 | ▼ 23.0% |
| Financial income75/76B | - | - | - | €0 | €0 | €3,818 | €5,230 | €1,575 | ▼ 69.9% |
| Recurring financial income75 | - | €4,439 | €61 | €0 | €0 | €3,818 | €5,230 | €1,575 | ▼ 69.9% |
| Financial charges65/66B | - | - | - | €53,818 | €42,081 | €59,608 | €87,171 | €81,351 | ▼ 6.7% |
| Recurring financial charges65 | €67,426 | €80,665 | €55,234 | €53,818 | €42,081 | €59,608 | €87,171 | €81,351 | ▼ 6.7% |
| Profit (loss) for the period before taxes9903 | €26,995 | €250,481 | €105,552 | €130,467 | €160,194 | €142,472 | €227,488 | €158,375 | ▼ 30.4% |
| Income taxes67/77 | - | - | €17,036 | €32,617 | €40,048 | €36,873 | €56,874 | €39,715 | ▼ 30.2% |
| Profit (loss) for the period9904 | €26,995 | €250,481 | €88,516 | €97,851 | €120,145 | €105,599 | €170,614 | €118,660 | ▼ 30.5% |
| Profit (loss) for the period to be appropriated9905 | €26,995 | €250,481 | €88,516 | €97,851 | €120,145 | €105,599 | €170,614 | €118,660 | ▼ 30.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €5.0m | €5.1m | €4.8m | €4.9m | €5.0m | €5.6m | €5.9m | €6.2m | ▲ 6.2% |
| Fixed assets21/28 | €4.8m | €4.9m | €4.7m | €4.6m | €4.4m | €4.7m | €4.6m | €5.2m | ▲ 12.4% |
| Intangible fixed assets21 | - | - | - | - | - | - | - | €0.07m | - |
| Tangible fixed assets22/27 | €4.8m | €4.9m | €4.7m | €4.6m | €4.4m | €4.7m | €4.6m | €5.1m | ▲ 11.7% |
| Land and buildings22 | - | - | - | €3.5m | €3.3m | €3.7m | €3.5m | €4.0m | ▲ 13.5% |
| Plant, machinery and equipment23 | - | - | - | €0.001m | €0.001m | €422 | €0 | €0.06m | - |
| Other tangible fixed assets26 | - | - | - | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.04m | €0.001m | ▼ 97.2% |
| Current assets29/58 | €0.2m | €0.2m | €0.07m | €0.4m | €0.6m | €0.9m | €1.3m | €1.0m | ▼ 16.8% |
| Amounts receivable within one year40/41 | €0.2m | €0.1m | €0.03m | €0.2m | €0.5m | €0.6m | €1.0m | €0.9m | ▼ 16.1% |
| Trade receivables40 | - | - | - | €0.001m | €0.003m | €0.01m | €0.1m | €0.2m | ▲ 77.8% |
| Other amounts receivable41 | - | - | - | €0.2m | €0.4m | €0.6m | €0.9m | €0.6m | ▼ 29.3% |
| Current investments50/53 | - | - | - | - | - | €0.2m | €0.1m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €0.03m | €0.06m | €0.04m | €0.1m | €0.1m | €0.2m | €0.1m | €0.2m | ▲ 46.4% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | - | €0.001m | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €5.0m | €5.1m | €4.8m | €4.9m | €5.0m | €5.6m | €5.9m | €6.2m | ▲ 6.2% |
| Equity10/15 | €0.8m | €1.1m | €1.2m | €1.3m | €1.4m | €2.0m | €2.2m | €2.3m | ▲ 5.5% |
| Contributions10/11 | €0.8m | €0.8m | - | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Reserves13 | €0.07m | €0.3m | €0.4m | €0.5m | €0.6m | €1.2m | €1.4m | €1.5m | ▲ 8.5% |
| Non-distributable reserves130/1 | - | - | - | €0.08m | €0.08m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.08m | €0.08m | €0 | - | - | - |
| Tax-exempt reserves132 | - | - | - | - | - | €0.004m | €0.004m | €0.004m | = |
| Distributable reserves133 | - | - | - | €0.4m | €0.5m | €1.2m | €1.4m | €1.5m | ▲ 8.6% |
| Investment grants15 | - | - | - | - | - | €0.002m | €0.002m | €0.002m | = |
| Amounts payable17/49 | €4.2m | €4.0m | €3.6m | €3.7m | €3.6m | €3.7m | €3.7m | €4.0m | ▲ 6.6% |
| Amounts payable after more than one year17 | €0.2m | €0.9m | €0.9m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Financial debts170/4 | - | - | - | €0.02m | €0 | - | - | - | - |
| Other amounts payable178/9 | - | - | - | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Amounts payable within one year42/48 | €4.0m | €3.1m | €2.8m | €2.9m | €2.8m | €2.9m | €2.9m | €3.2m | ▲ 8.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.06m | €0 | - | - | - | - |
| Trade debts44 | €0.9m | €0.2m | €0.008m | €0.009m | €0.006m | €0.02m | €0.004m | €0.004m | ▲ 7.2% |
| Suppliers440/4 | - | - | - | €0.009m | €0.006m | €0.02m | €0.004m | €0.004m | ▲ 7.2% |
| Advances received on contracts in progress46 | - | - | - | €0.005m | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.02m | €0.02m | €0.03m | €0.03m | ▲ 9.3% |
| Taxes450/3 | - | - | - | €0.01m | €0.02m | €0.02m | €0.03m | €0.03m | ▲ 9.3% |
| Other amounts payable47/48 | - | - | - | €2.8m | €2.8m | €2.8m | €2.9m | €3.1m | ▲ 8.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,995 | €250,481 | €88,516 | €97,851 | €120,145 | €105,599 | €170,614 | €118,660 | ▼ 30.5% |
| + Depreciation and write-downs630 | €90,262 | €161,630 | €161,907 | €161,400 | €160,529 | €158,997 | €159,576 | €235,987 | ▲ 47.9% |
| Operating cash flow (approximation) | €117,257 | €412,111 | €250,423 | €259,250 | €280,674 | €264,595 | €330,190 | €354,646 | ▲ 7.4% |
| Investment in fixed assets (approximation) | - | -€246,237 | -€3,123 | €0 | €7,600 | -€504,780 | -€32,826 | -€809,091 | ▼ 2,365% |
| Change in cash | - | €28,537 | -€19,337 | €80,657 | €21,340 | €12,043 | -€33,596 | €55,995 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 544 companies had the same profile as CHAMI has now. Two years later, 93.6% were still going and 0.2% had gone bankrupt.
- Medium-sized
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CHAMI itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 544 companies, not a prediction for CHAMI. 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.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 26-08-2026 | 2026-00434806 | |
| 31-12-2024 | micro format | 02-07-2025 | 2025-00240278 | |
| 31-12-2023 | micro format | 10-07-2024 | 2024-00249068 | |
| 31-12-2022 | micro format | 30-06-2023 | 2023-00216790 | |
| 31-12-2021 | micro format | 06-07-2022 | 2022-20172492 | |
| 31-12-2020 | micro format | 19-07-2021 | 2021-37300277 | |
| 31-12-2019 | micro format | 06-07-2020 | 2020-27300133 | |
| 31-12-2018 | micro format | 02-07-2019 | 2019-27400557 | |
| 31-12-2017 | micro format | 20-06-2018 | 2018-21700336 | |
| 31-12-2016 | abbreviated format | 26-06-2017 | 2017-22100498 |
Board & ownership
Directors
Owners and capital
Shareholders
1 ownerOwners 1
- Sourceaccounts VCM 30-12-2025Equity €5.1m Profit of €225,999 in 2025 (profit of €249,509 in 2024) Checked score 9332.61%
Capital transactions
- 21-02-2024 Converted to unavailable equity
- 21-02-2024 Converted to uncalled contributions
- 03-08-2023 Capital stated in 2 acts · €768,450 · 186 shares
Articles of association
Board and representation
- Daily managementDay-to-day management handles the everyday running of the business without the full board.
- The board decides whether the delegates act alone or jointly
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Geboekt op algemene kosten, los van representatie-, reis- en verplaatsingskosten, indien bezoldigd, algemene vergadering (absolute…”
Audit, dissolution and liquidation
- Auditor ruleThe articles set how a statutory auditor is appointed and what they check.
- “Hernieuwbare termijn van drie jaar, één of meerdere commissarissen”
Articles of association, deed of 21-02-2024 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- C & C INVESTsubsidiaryEquity -€631 Profit of €15,151 in 2024 (loss of €3,531 in 2023)100%
Acquisitions and mergers
3 transactionsCompanies at the same address
5 other companiesConnections & network
1 current directorThe network starts from the directors of CHAMI. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
08-08
Gazette deed
Merger: CHAMI takes over C&C INVESTPower of attorney6 points ▸
- General meeting, 03-07-2025
- Merger, “ondernemingsrechtbank te Gent,afdeling Kortrijk”, 19-05-2025 (deed in Dutch)
- Merger, “modaliteiten en voorwaarden zoals bepaald in het fusievoorstel, fusie door overneming” (deed in Dutch)
- Other provision, “ontslag en kwijting bestuurder overgenomen vennootschap, afgelopen boekjaar” (deed in Dutch)
- Other provision, “voorwerp toereikendheid overnemende vennootschap” (deed in Dutch)
- Power of attorney, mentioned 2 times in the deed
27-05
Gazette deed
Merger proposal: CHAMI takes over C&C INVESTShareholding · Incorporation · Amendment of the articles7 points ▸
- Merger, 07-05-2025
- The company holds all the shares of C&C INVEST
- Incorporation, 10-12-2009
- Amendment of the articles
- Incorporation, 14-10-2006
- Real estate, “2 a 92 ca, Schoonzicht” (deed in Dutch)
- Other provision, 21-02-2025
21-02
Gazette deed
Demerger: overdragende vennootschap splits off to CHAMIAppointment: Chantal Vanrenterghem (director) · Capital conversion · Reserve release19 points ▸
- General meeting, 21-12-2023
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital conversion, “eigen vermogensrekening niet-opgevraagde inbrengen” (deed in Dutch)
- Reserve release, “opheffen, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Declaration, “geen belangrijke wijzigingen in activa en passiva, sinds datum voorstel tot partiële splitsing tot datum buitengewone algemene vergaderingen” (deed in Dutch)
- Declaration, “afzien van verslaggeving door bedrijfsrevisor of externe accountant, artikelen 12:62 §1 in fine en 12:65 eerste en tweede lid van het Wetboek van vennootschappe…” (deed in Dutch)
- Declaration, “afzien van toepassing artikelen 12:61, 12:62 en 12:64, Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Declaration, “ontslag van integrale lezing van voorstel” (deed in Dutch)
- Declaration, “ontvangst afschrift voorstel tot partiële splitsing, meer dan een maand voor huidige vergadering” (deed in Dutch)
- Auditor report, 492.447,57 EUR
- Declaration, “ontslag van integrale lezing van verslagen, instemming met alle gegevens en besluiten” (deed in Dutch)
- Declaration, “ontvangst afschrift verslagen” (deed in Dutch)
- The act holds 7 more points.
03-08
Gazette deed
Demerger proposal: VACOMET RECYCLING splits off to CHAMIIncorporation · Capital · Capital conversion15 points ▸
- Demerger, “partiële splitsing, inbreng van een deel van het vermogen” (deed in Dutch)
- Incorporation, 15-06-2005
- Incorporation, 10-12-2009
- Other provision, “twee te onderscheiden activiteiten, bedrijfstak onroerend en bedrijfstak recyclage door andere entiteit beheerd” (deed in Dutch)
- Capital, €20,460
- Capital conversion, “beschikbaar maken voorafgaandelijk aan partiële splitsing”, 20460 (deed in Dutch)
- Capital, €768,450
- Capital conversion, “beschikbaar maken”, EUR (deed in Dutch)
- Share issue, “3 per 25”, 25 (deed in Dutch)
- Other provision, “opleg” (deed in Dutch)
- Other provision, 01-01-2023, “winstdeelname 90 nieuwe aandelen” (deed in Dutch)
- Accounting effect, 01-01-2023
- The act holds 3 more points.
31-05
Gazette deed
Demerger proposal: VACOMET RECYCLING splits off to CHAMICapital · Accounting effect11 points ▸
- Demerger, “partiele splitsing door inbreng van een deel van het vermogen”, EUR (deed in Dutch)
- Other provision, “te onderscheiden activiteiten overdragende vennootschap, beheer van een onroerend vermogen” (deed in Dutch)
- Capital, €20,460
- Other provision, “beschikbaarmaking onbeschikbaar vermogen voor partiele splitsing”, EUR (deed in Dutch)
- Capital, €768,450
- Accounting effect, 01-01-2022
- Other provision, “bijzondere rechten en andere effecten”, 100 (deed in Dutch)
- Other provision, “af te splitsen activa- en passivabestanddelen per 2021-12-31”, EUR (deed in Dutch)
- Other provision, “samenstelling beschikbaar gemaakt vermogen BV VACOMET RECYCLING”, EUR (deed in Dutch)
- Other provision, “tenlasteneming financiele gevolgen geschillen,waarborg,fiscale en sociale controles”, 31-12-2021 (deed in Dutch)
- Other provision, “samenstelling overgedragen netto actief”, EUR (deed in Dutch)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
14 activities
- Alle immobillaire operaties of ermee verband houdende verrichtingen, met name, de aankoop, de verkoop, ruiling, het laten bouwen, huren, verhuren, ter beschikking stellen van gebouwen en gronden, de omvorming of ombouwing en valorisatie van onroerende goederen, in voorkomend geval bij middel van lotissering, verkaveling, nieuwbouw, heropbouw of verbouwing, alle activiteiten van makelaar in onroerende goederen
- Het beheer van alle roerende en onroerende goederen, onder meer het opstellen van huurcontracten opmaken van plaatsbeschrijving, inventariseren van meubilair, het vervullen van functie van syndicus in een flatgebouw, het opmaken van schattingen en expertises opmaken van projecten, bouwbegeleiding, enzovoort, zonder dat deze opsomming beperkend weze
- Het verstrekken van juridisch, financieel- en beleggingsadvies en alle vormen van vermogensbeheer
- Het verlenen van commercieel advies betreffende de marketing van producten van productie of dienstverlenende ondernemingen
- Het verlenen van administratief en managementadvies betreffende het bestuur van diverse ondernemingen in de meest mime zin van het woord
- De aanneming en coördinatie van alle openbare en private bouwwerken
- De aan- en verkoop, in- en uitvoer, commissiehandel en vertegenwoordiging van om het even welke goederen, in het kort tussenpersoon in de handel
- De vennootschap mag optreden als bestuurder van andere vennootschappen
- Het verwerven van licenties, brevetten octrooien, alle zakelijke rechten op know how en ontwikkelde procédés
- Het beheren van een onroerend patrimonium en het valoriseren van dit patrimonium door het stellen van, alle bestuursdaden ondermeer aankoop, verkoop, verhuren, in huur nemen, ruilen, oprichting, laten uitvoeren van bouwwerken, dit alles in de ruimste zin
- Het beheren van een roerend patrimonium inzonderheid van het verwerven en verhandelen van effecten, de participatie in andere vennootschappen en/of ondernemingen, het stellen van zakelijk of persoonlijke waarborgen in het voordeel van derden of ondernemingen waarin zij belangen bezit als mede-eigenaar, vennoot, schuldeiser of op andere wijze
- Het beheren van bedrijfsruimtes en het valoriseren ervan door het stellen van alle bestuursdaden ondermeer oprichting, aankoop, verkoop, ruilen, laten uitvoeren van bouwwerken en het ter beschikking stellen ervan, dit alles in de ruimst mogelijke zin
- De vennootschap kan in het algemeen alle commerciële, industriële, financiële, roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar maatschappelijk doel of welke van aard zouden zijn de verwezenlijking ervan geheel of ten dele te vergemakkelijken
- De vennootschap handelt voor eigen rekening, in consignatie, in commissie, als tussenpersoon of als vertegenwoordiger
Invoicing and payment
Financial year and general meeting
Accounts at the NBBEnvironmental permits
Source: Omgevingsloket Vlaanderen.
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36017A0230/00H000 | Flanders | 1.3 ha | 1 · 373 m² | 7.0 m · 2 |