CHAMPELS
ActiveSummary
CHAMPELS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €343k and a net result of €-20k. Equity is growing by ~54.6% per year across the filed fiscal years. Its solvency ranks better than 30% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability51▼-12
Solvency54▼-5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.34 in 2024; short-term debt: 32.1% and cash: 12.3% of total assets), and 70.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 04-05-2026, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
4 d late
2024
on the day
2023
3 d late
2022
3 d early
2021
25 d early
2020
28 d early
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€343k▼ 5.4%
2024 · €362k
2018: €29klowest in 8 years
2019: €30k▲ +1.6% vs 2018
2020: €47k▲ +57.1% vs 2019
2021: €91k▲ +95.9% vs 2020
2022: €216k▲ +137% vs 2021
2023: €287k▲ +32.6% vs 2022
2024: €362k▲ +26.3% vs 2023highest in 8 years
2025: €343k▼ -5.4% vs 2024
2018 → 2025
Total assets
€1.17M▲ 10.6%
2024 · €1.06M
2018: €122klowest in 8 years
2019: €203k▲ +66.1% vs 2018
2020: €181k▼ -11.0% vs 2019
2021: €248k▲ +37.1% vs 2020
2022: €639k▲ +158% vs 2021
2023: €1.03M▲ +60.9% vs 2022
2024: €1.06M▲ +3.1% vs 2023
2025: €1.17M▲ +10.6% vs 2024highest in 8 years
2018 → 2025
Net result
€-20k
2024 · €82k
2018: €-7k
2019: €454▲ +106% vs 2018
2020: €17k▲ +3631% vs 2019
2021: €45k▲ +164% vs 2020
2022: €190k▲ +325% vs 2021highest in 8 years
2023: €71k▼ -62.9% vs 2022
2024: €82k▲ +15.8% vs 2023
2025: €-20k▼ -124% vs 2024lowest in 8 years
2018 → 2025
Working capital
€56k▼ 47.6%
2024 · €108k
2018: €889
2019: €-13k▼ -1578% vs 2018lowest in 8 years
2020: €18k▲ +234% vs 2019
2021: €34k▲ +93.5% vs 2020
2022: €45k▲ +32.8% vs 2021
2023: €96k▲ +113% vs 2022
2024: €108k▲ +11.9% vs 2023highest in 8 years
2025: €56k▼ -47.6% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€91k-€216k▲ 137%€287k▲ 32.6%€362k▲ 26.3%€343k▼ 5.4%
2021: €91klowest in 5 years
2022: €216k▲ +137% vs 2021
2023: €287k▲ +32.6% vs 2022
2024: €362k▲ +26.3% vs 2023highest in 5 years
2025: €343k▼ -5.4% vs 2024
Operating result€63k-€271k▲ 328%€123k▼ 54.5%€162k▲ 31.5%€7k▼ 95.4%
2021: €63k
2022: €271k▲ +328% vs 2021highest in 5 years
2023: €123k▼ -54.5% vs 2022
2024: €162k▲ +31.5% vs 2023
2025: €7k▼ -95.4% vs 2024lowest in 5 years
Net result€45k-€190k▲ 325%€71k▼ 62.9%€82k▲ 15.8%€-20k
2021: €45k
2022: €190k▲ +325% vs 2021highest in 5 years
2023: €71k▼ -62.9% vs 2022
2024: €82k▲ +15.8% vs 2023
2025: €-20k▼ -124% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 95% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.17M
Fixed assets
€739k ▲ 15.7%
Current assets
€433k ▲ 2.8%
Equity and liabilities €1.17M
Equity
€343k ▼ 5.4%
Provisions
€50k
Debt
€779k ▲ 11.7%
Debt's share of the balance-sheet total rises from 65.8% to 66.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€68k▼
2024 · €223k
Cash flow
€41k▼
2024 · €142k
Current ratio
1.15▼
2024 · 1.34
Debt to equity
2.27▲
2024 · 1.92
ROE
-5.7%▼
2024 · 22.5%
ROA
-1.7%▼
2024 · 7.7%
Interest coverage
4.11▼
2024 · 4.13
Debt ≤ 1 year
€376k▲
2024 · €313k
Debt > 1 year
€403k▲
2024 · €384k
Income taxes
€11k▼
2024 · €26k
Staff costs
€205k▼
2024 · €255k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.06M€1.17M▲
Fixed assets21/28€639k€739k▲
Tangible fixed assets22/27€638k€739k▲
Land and buildings22€561k€692k▲
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€65k€37k▼
Other tangible fixed assets26€10k€7k▼
Financial fixed assets28€275€275=
Current assets29/58€421k€433k▲
Amounts receivable within one year40/41€178k€281k▲
Trade receivables40€99k€243k▲
Other amounts receivable41€79k€38k▼
Cash at bank and in hand54/58€235k€144k▼
Deferred charges and accrued income490/1€8k€8k▼
Equity and liabilities
Total equity and liabilities10/49€1.06M€1.17M▲
Equity10/15€362k€343k▼
Contributions10/11€5k€5k=
Reserves13€318k€318k=
Distributable reserves133€318k€318k=
Profit (loss) carried forward14€39k€20k▼
Provisions and deferred taxes16-€50k
Provisions for liabilities and charges160/5-€50k
Other liabilities and charges164/5-€50k
Amounts payable17/49€697k€779k▲
Amounts payable after more than one year17€384k€403k▲
Financial debts170/4€384k€353k▼
Other amounts payable178/9-€50k
Amounts payable within one year42/48€313k€376k▲
Current portion of amounts payable after more than one year42€30k€31k▲
Trade debts44€83k€135k▲
Suppliers440/4€83k€135k▲
Taxes, remuneration and social security45€50k€29k▼
Taxes450/3€10k€3k▼
Remuneration and social security454/9€39k€26k▼
Other amounts payable47/48€151k€182k▲
Income statement
Code20242025
Remuneration, social security and pensions62€255k€205k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€60k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-37k€50k▲
Other operating charges640/8€6k€3k▼
Gross operating margin9900€447k€326k▼
Operating profit (loss)9901€162k€7k▼
Financial income75/76B€23€697▲
Recurring financial income75€23€697▲
Financial charges65/66B€54k€16k▼
Recurring financial charges65€54k€16k▼
Profit (loss) for the period before taxes9903€108k€-8k▼
Income taxes67/77€26k€11k▼
Profit (loss) for the period9904€82k€-20k▼
Profit (loss) for the period to be appropriated9905€82k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€121k€20k▼
Profit (loss) brought forward from the previous period14P€39k€39k=
Transfer to equity691/2€76k-
To other reserves6921€76k-
Profit to be distributed694/7€5k-
Return on contributions (dividend)694€5k-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €75k | €83k | €105k | €255k | €205k | ▼ 19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €30k | €47k | €61k | €60k | ▼ 0.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €510 | - | - | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | €37k | €-37k | €50k | ▲ 236% |
| Other operating charges640/8 | €936 | €26k | €52k | €6k | €3k | ▼ 49.3% |
| Gross operating margin9900 | €154k | €410k | €363k | €447k | €326k | ▼ 27.0% |
| Operating profit (loss)9901 | €63k | €271k | €123k | €162k | €7k | ▼ 95.4% |
| Financial income75/76B | €29 | €9 | €1 | €23 | €697 | ▲ 2,871% |
| Recurring financial income75 | €29 | €9 | €1 | €23 | €697 | ▲ 2,871% |
| Financial charges65/66B | €1k | €3k | €8k | €54k | €16k | ▼ 69.5% |
| Recurring financial charges65 | €1k | €3k | €8k | €54k | €16k | ▼ 69.5% |
| Profit (loss) for the period before taxes9903 | €62k | €268k | €115k | €108k | €-8k | ▼ 108% |
| Income taxes67/77 | €17k | €78k | €44k | €26k | €11k | ▼ 57.7% |
| Profit (loss) for the period9904 | €45k | €190k | €71k | €82k | €-20k | ▼ 124% |
| Profit (loss) for the period to be appropriated9905 | €45k | €190k | €71k | €82k | €-20k | ▼ 124% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €248k | €639k | €1.03M | €1.06M | €1.17M | ▲ 10.6% |
| Fixed assets21/28 | €63k | €304k | €617k | €639k | €739k | ▲ 15.7% |
| Intangible fixed assets21 | €300 | - | - | - | - | - |
| Tangible fixed assets22/27 | €62k | €304k | €616k | €638k | €739k | ▲ 15.8% |
| Land and buildings22 | €19k | €233k | €564k | €561k | €692k | ▲ 23.4% |
| Plant, machinery and equipment23 | - | - | - | €2k | €3k | ▲ 13.5% |
| Furniture and vehicles24 | €26k | €56k | €41k | €65k | €37k | ▼ 43.3% |
| Other tangible fixed assets26 | €17k | €15k | €12k | €10k | €7k | ▼ 26.4% |
| Financial fixed assets28 | €25 | €275 | €275 | €275 | €275 | = |
| Current assets29/58 | €185k | €335k | €411k | €421k | €433k | ▲ 2.8% |
| Amounts receivable within one year40/41 | €42k | €227k | €149k | €178k | €281k | ▲ 57.8% |
| Trade receivables40 | €29k | €176k | €124k | €99k | €243k | ▲ 145% |
| Other amounts receivable41 | €13k | €51k | €25k | €79k | €38k | ▼ 52.2% |
| Cash at bank and in hand54/58 | €141k | €104k | €217k | €235k | €144k | ▼ 38.7% |
| Deferred charges and accrued income490/1 | €2k | €4k | €45k | €8k | €8k | ▼ 2.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €248k | €639k | €1.03M | €1.06M | €1.17M | ▲ 10.6% |
| Equity10/15 | €91k | €216k | €287k | €362k | €343k | ▼ 5.4% |
| Contributions10/11 | €6k | €6k | €6k | €5k | €5k | = |
| Reserves13 | €46k | €171k | €241k | €318k | €318k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | - | - | - |
| Distributable reserves133 | €45k | €169k | €240k | €318k | €318k | = |
| Profit (loss) carried forward14 | €39k | €39k | €39k | €39k | €20k | ▼ 50.1% |
| Provisions and deferred taxes16 | - | - | €37k | - | €50k | - |
| Provisions for liabilities and charges160/5 | - | - | €37k | - | €50k | - |
| Other liabilities and charges164/5 | - | - | €37k | - | €50k | - |
| Amounts payable17/49 | €156k | €423k | €704k | €697k | €779k | ▲ 11.7% |
| Amounts payable after more than one year17 | €5k | €131k | €389k | €384k | €403k | ▲ 4.9% |
| Financial debts170/4 | €5k | €131k | €389k | €384k | €353k | ▼ 8.1% |
| Other amounts payable178/9 | - | - | - | - | €50k | - |
| Amounts payable within one year42/48 | €151k | €289k | €315k | €313k | €376k | ▲ 20.1% |
| Current portion of amounts payable after more than one year42 | €10k | €26k | €34k | €30k | €31k | ▲ 3.3% |
| Trade debts44 | €32k | €84k | €162k | €83k | €135k | ▲ 62.8% |
| Suppliers440/4 | €32k | €84k | €162k | €83k | €135k | ▲ 62.8% |
| Taxes, remuneration and social security45 | €36k | €37k | €30k | €50k | €29k | ▼ 42.4% |
| Taxes450/3 | €22k | €22k | €10k | €10k | €3k | ▼ 72.2% |
| Remuneration and social security454/9 | €14k | €16k | €20k | €39k | €26k | ▼ 34.7% |
| Other amounts payable47/48 | €73k | €142k | €89k | €151k | €182k | ▲ 20.7% |
| Accrued charges and deferred income492/3 | - | €2k | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €45k | €190k | €71k | €82k | €-20k | ▼ 124% |
| + Depreciation and write-downs630 | €14k | €30k | €47k | €61k | €60k | ▼ 0.9% |
| Operating cash flow (approximation) | €59k | €220k | €117k | €142k | €41k | ▼ 71.4% |
| Investment in fixed assets (approximation) | - | €-272k | €-359k | €-83k | €-161k | ▼ 94.5% |
| Change in cash | - | €-37k | €113k | €18k | €-91k | ▼ 616% |
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
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 4 days late
2025
30-09
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 3 days late
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2018net €190k ▲325%
Operating result €271k, net result €190k, both a record.
30-09
Financial
Equity above €200kEq €216k ▲137%
4 profitable years in a row build equity to €216k.
05-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €454
Net result €454 after one loss-making year.
04-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Perwez · 1 establishment unit since 2007
Ground area
2,792 m²
Building footprint
485 m²
Volume, LiDAR
1,023 m³
2 parcels, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Champels
since 20072.171.676.580
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25084C0537/00M002 | Wallonia | 1,833 m² | 1 · 171 m² | 8.7 m · 2 fl. |
| 92034D0052/00F000 | Wallonia | 959 m² | 1 · 314 m² | - |
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.
Recognitions · licences · registrations
Legal Entity Identifier
9845006V5CBAC9J61B57
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 37,347 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-09-2007
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
71112Activities of interior architects
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
82300Organisation of conventions and trade shows
Scores and ratios are computed by Checked and are not a credit decision.