CHAN SHOP

Active

Private limited companyfounded 201214 yrs activeDorpsstraat 31B, 3945 Tessenderlo-Ham, BelgiumKBO/BCE: BE 0848.189.378

CHAN SHOP has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €7k and a net result of €9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 35% of 26046 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

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Checked score

Score 2024

64 / 100

Healthy

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability73▲+7

Solvency40▲+19

Growth69▲+14

Track record100

Bankruptcy probability, 12 months

0.9% Low

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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

Sector 47

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

15.2%

Return on assets

18.9%

Age of the figures

21 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

23 d early

2023

5 d early

2022

9 d late

2021

5 d late

2020

2 d early

2019

35 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€316k▲ 8.4%

2023 · €292k

2018: €232k 2019: €226k 2020: €201k 2021: €222k 2022: €257k 2023: €292k

2018 → 2024

EBIT margin

3.0%▲ 1.0pp

2023 · 2.0%

2018: -2.6% 2019: -5.7% 2020: -2.3% 2021: -0.6% 2022: 2.5% 2023: 2.0%

2018 → 2024

Net result

€9k▲ 61.2%

2023 · €6k

2018: €-6k 2019: €-13k 2020: €-6k 2021: €-1k 2022: €6k 2023: €6k

2018 → 2024

Working capital

€4k

2023 · €-7k

2018: €-12k 2019: €-20k 2020: €-21k 2021: €-4k 2022: €-11k 2023: €-7k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€201k-€222k▲ 10.1%€257k▲ 15.7%€292k▲ 13.8%€316k▲ 8.4%

Equity€-12k-€-14k▼ 12.2%€-7k▲ 46.1%€-2k▲ 76.3%€7k

Operating result€-5k-€-1k▲ 71.2%€6k€6k▼ 9.9%€9k▲ 61.9%

Net result€-6k-€-1k▲ 73.2%€6k€6k▼ 10.6%€9k▲ 61.2%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 62% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €48k

93.1%

Fixed assets €3k▼ 33.5%

Current assets €45k▲ 15.7%

Equity and liabilities €48k

15.2%

84.8%

Equity €7k

Debt €41k

Debt finances 84.8% of the balance-sheet total.

Key figures and ratios

2024 value · change against 2023

EBITDA

€11k▲

2023 · €6k

Cash flow

€11k▲

2023 · €6k

Solvency

15.2%▲

2023 · -4.0%

Current ratio

1.10▲

2023 · 0.85

Quick ratio

0.69▲

2023 · 0.20

Debt / equity

5.56▲

2023 · -25.97

ROE

123.9%

ROA

18.9%▲

2023 · 12.9%

Interest coverage

46.07▲

2023 · 30.53

Debt

€41k▼

2023 · €45k

Debt ≤ 1 year

€41k▼

2023 · €45k

Income taxes

€132

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€44k€48k▲

Fixed assets21/28€5k€3k▼

Tangible fixed assets22/27€3k€1k▼

Plant, machinery and equipment23€3k€1k▼

Financial fixed assets28€2k€2k=

Current assets29/58€39k€45k▲

Stocks and contracts in progress3€29k€17k▼

Stocks30/36€29k€17k▼

Amounts receivable within one year40/41€151€854▲

Trade receivables40-€854

Other amounts receivable41€151-

Cash at bank and in hand54/58€9k€27k▲

Deferred charges and accrued income490/1€99€46▼

Equity and liabilities

Total equity and liabilities10/49€44k€48k▲

Equity10/15€-2k€7k▲

Contributions10/11€19k€19k=

Reserves13€2k€2k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Profit (loss) carried forward14€-22k€-13k▲

Amounts payable17/49€45k€41k▼

Amounts payable within one year42/48€45k€41k▼

Trade debts44€647€721▲

Suppliers440/4€647€721▲

Taxes, remuneration and social security45€3k€4k▲

Taxes450/3€147€2k▲

Remuneration and social security454/9€3k€3k=

Other amounts payable47/48€42k€35k▼

Income statement Code20232024

Turnover70€292k€316k▲

Goods, raw materials, services and sundry goods60/61€288k€309k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€496€2k▲

Other operating charges640/8€1k€732▼

Gross operating margin9900€8k€12k▲

Operating profit (loss)9901€6k€9k▲

Financial charges65/66B€207€240▲

Recurring financial charges65€207€240▲

Profit (loss) for the period before taxes9903€6k€9k▲

Income taxes67/77-€132

Profit (loss) for the period9904€6k€9k▲

Profit (loss) for the period to be appropriated9905€6k€9k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-22k€-13k▲

Profit (loss) brought forward from the previous period14P€-28k€-22k▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

2025

08-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Highest result since 2018net €9k ▲61.2%

Operating result €9k, net result €9k, both a record.

26-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

09-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 9 days late

2022

31-12

Financial Back to profitnet €6k

Net result €6k after 4 loss-making years.

05-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 5 days late

2021

29-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

04-09

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 35 days late

2019

31-12

Financial Weakest financial yearnet €-13k

Net result drops to €-13k, the lowest in the series; recovery starts the following year.

26-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 26 days late

2018

30-07

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2017

16-08

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 16 days late

2016

20-09

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema · 51 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

31-12-2025 KAUR Manjit: Resigned as Director

19-12-2023 KAUR Manjit: Resigned as Manager

19-12-2019 Singh Kamaljit: Resigned as Manager

11-08-2016 Thijs Nirmal: Resigned as Manager

Location & real-estate footprint

Registered office, Tessenderlo-Ham · 1 establishment unit since 2013

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Dorpsstraat 31B3945 Tessenderlo-Ham

Ground area

354 m²