CHAPIST
ActiveCHAPIST has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €472k and a net result of €117k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 34% of 27787 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+3
Solvency57▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.0 against 1.05 in 2024; short-term debt: 25.9% and cash: 0.2% of total assets), and 67.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.1%
Return on assets
8%
Age of the figures
9 mo
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
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €472k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
41 d late
2023
29 d early
2022
60 d late
2021
24 d late
2020
3 d early
2019
11 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€472k▲ 32.9%
2024 · €356k
2018: €-12k
2019: €7k
2020: €8k
2021: €3k
2022: €80k
2023: €281k
2024: €356k
2018 → 2025
Total assets
€1.47M▲ 14.7%
2024 · €1.28M
2018: €100k
2019: €117k
2020: €486k
2021: €436k
2022: €456k
2023: €1.06M
2024: €1.28M
2018 → 2025
Net result
€117k▲ 57.8%
2024 · €74k
2018: €-5k
2019: €-31k
2020: €979
2021: €-5k
2022: €77k
2023: €205k
2024: €74k
2018 → 2025
Working capital
€2k▼ 85.5%
2024 · €13k
2018: €-20k
2019: €5k
2020: €-59k
2021: €-84k
2022: €-36k
2023: €80k
2024: €13k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€80k▲ 2,663%€281k▲ 250%€356k▲ 26.3%€472k▲ 32.9%
Operating result€8k-€107k▲ 1,301%€302k▲ 182%€115k▼ 61.8%€233k▲ 102%
Net result€-5k-€77k€205k▲ 164%€74k▼ 63.8%€117k▲ 57.8%
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 2025; 2025 is 102% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.47M
Fixed assets
€1.09M▲ 8.8%
Current assets
€382k▲ 35.6%
Equity and liabilities €1.47M
Equity
€472k▲ 32.9%
Debt
€997k▲ 7.7%
The debt ratio falls from 72.3% to 67.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€346k▲
2024 · €180k
Cash flow
€231k▲
2024 · €138k
Solvency
32.1%▲
2024 · 27.7%
Current ratio
1.00▼
2024 · 1.05
Quick ratio
0.95▼
2024 · 0.97
Debt / equity
2.11▼
2024 · 2.60
ROE
24.7%▲
2024 · 20.8%
ROA
8.0%▲
2024 · 5.8%
Interest coverage
6.36▼
2024 · 8.06
Debt
€997k▲
2024 · €926k
Debt ≤ 1 year
€380k▲
2024 · €269k
Debt > 1 year
€617k▼
2024 · €657k
Income taxes
€65k▲
2024 · €34k
Staff costs
€107k▲
2024 · €77k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.28M€1.47M▲
Fixed assets21/28€1,000k€1.09M▲
Tangible fixed assets22/27€1,000k€1.09M▲
Land and buildings22€518k€574k▲
Plant, machinery and equipment23€14k€34k▲
Furniture and vehicles24€101k€90k▼
Leasing and similar rights25€367k€389k▲
Current assets29/58€282k€382k▲
Amounts receivable after more than one year29€6k€79k▲
Other amounts receivable291€6k€79k▲
Stocks and contracts in progress3€20k€20k▼
Stocks30/36€20k€20k▼
Amounts receivable within one year40/41€225k€250k▲
Trade receivables40€137k€224k▲
Other amounts receivable41€88k€26k▼
Cash at bank and in hand54/58-€3k
Deferred charges and accrued income490/1€30k€30k=
Equity and liabilities
Total equity and liabilities10/49€1.28M€1.47M▲
Equity10/15€356k€472k▲
Contributions10/11€62k€62k=
Reserves13€293k€410k▲
Tax-exempt reserves132€84k€84k=
Distributable reserves133€209k€326k▲
Amounts payable17/49€926k€997k▲
Amounts payable after more than one year17€657k€617k▼
Financial debts170/4€657k€617k▼
Amounts payable within one year42/48€269k€380k▲
Current portion of amounts payable after more than one year42€140k€173k▲
Financial debts43€3k-
Credit institutions430/8€3k-
Trade debts44€95k€171k▲
Suppliers440/4€95k€171k▲
Taxes, remuneration and social security45€10k€16k▲
Taxes450/3€5k€8k▲
Remuneration and social security454/9€6k€8k▲
Other amounts payable47/48€20k€20k=
Income statement
Code20242025
Remuneration, social security and pensions62€77k€107k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64k€114k▲
Other operating charges640/8€6k€8k▲
Gross operating margin9900€263k€461k▲
Operating profit (loss)9901€115k€233k▲
Financial income75/76B€15k€3k▼
Recurring financial income75€15k€3k▼
Financial charges65/66B€22k€54k▲
Recurring financial charges65€22k€54k▲
Profit (loss) for the period before taxes9903€108k€181k▲
Income taxes67/77€34k€65k▲
Profit (loss) for the period9904€74k€117k▲
Profit (loss) for the period to be appropriated9905€74k€117k▲
Appropriation of the result
Profit (loss) to be appropriated9906€74k€117k▲
Transfer to equity691/2€74k€117k▲
To other reserves6921€74k€117k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
07-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Mandate compensation3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Mandate compensation3 facts ▸
- General meeting, 15/05/2026
- Director appointment, Debby Courtens (niet-statutaire bestuurder)
- Mandate compensation, Debby Courtens
2025
10-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 41 days late
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €205k ▲164%
Operating result €302k, net result €205k, both a record.
31-12
Financial
Equity above €200kEq €281k ▲250%
2 profitable years in a row build equity to €281k.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Back to profitnet €77k
Net result €77k after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €979
Net result €979 after 2 loss-making years.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
31-12
Financial
Weakest financial yearnet €-31k
Net result drops to €-31k, 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
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
Debby Courtens
CurrentNon-statutory director · since 01-04-2026
01-04-2026
Appointed as Non-statutory director
Location & real-estate footprint
Registered office, Kortrijk · 2 establishment units since 2012
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.
Meensesteenweg(Bis) 3858501 KortrijkGround area
5,960 m²
Building footprint
289 m²
Volume, LiDAR
1,729 m³
2 parcels, Flanders · tallest building 14.0 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
CHAPIST
since 20122.208.831.936
CHAPIST
since 20122.213.508.524
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36503C0685/00A000 | Flanders | 5,128 m² | - | - |
| 34007B0161/00S002 | Flanders | 832 m² | 1 · 289 m² | 14.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Gevelbepleistering en Voegwerken
BE 0862.413.538
Bekkevoort · Eq €475k
Allstuc
BE 0556.863.637
Bilzen · Eq €469k
CARDOSO CONSTRUCT
BE 0834.306.205
Beersel · Eq €469k
All-Isol
BE 0470.605.002
Ingelmunster · Eq €477k
GDB Renovatie
BE 0822.177.938
Tienen · Eq €478k
Of 4,013 companies in sector 43310 we hold annual accounts for 1,746. 1,026 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-03-2012
Fiscal year end31-12
Activities, NACEBEL
43310Plastering work
43422Screed work
41001General construction of residential buildings
43910Bricklaying and masonry work
43990Other specialised construction activities
43994Specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.