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CHAPPS TECHNOLOGY

Active
Public limited companyfounded 2017active for 8 yearsKernenergiestraat 19, 2610 Antwerpen, BelgiumKBO/BCE: BE 0684.779.517
Summary

The computed 12-month bankruptcy probability of CHAPPS TECHNOLOGY is 5.9% (elevated). The 2025 annual accounts show equity of €2,117 and a net result of -€2,069. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€13,624total assets 2025
Equity
€2,117
Loss
-€2,069
Financial health
34 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.9%
Structure
Largest shareholder
Loeckx & Leyssens · 25.2%
Accounts filed 60 days late1 of 5 deeds read
Why 34raises riskLatest accounts 60 days late; 3 of the last 3 lateNo main activity registered1 change of registered office in 24 monthslowers riskSize: total assets €13,624Show the evidence

Checked score

Score 2025
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 12% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Weak
Solvency 41-12
equity 15.5% of total assets
Liquidity 7-8
short-term debt 84.5%
Profitability 0-95
return on assets -15.2%
Bankruptcy probability, 12 months
5.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 6.3% 12-2024: 6.3%● unchanged vs 11-2024 01-2025: 6.3%● unchanged vs 12-2024 02-2025: 6.3%● unchanged vs 01-2025 03-2025: 6.4%▲ +0.1 percentage points vs 02-2025 04-2025: 4.3%▼ -2.1 percentage points vs 03-2025 05-2025: 4.3%● unchanged vs 04-2025 06-2025: 4.3%● unchanged vs 05-2025 07-2025: 4.4%▲ +0.1 percentage points vs 06-2025 08-2025: 5.2%▲ +0.8 percentage points vs 07-2025 09-2025: 5.6%▲ +0.4 percentage points vs 08-2025 10-2025: 7.9%▲ +2.3 percentage points vs 09-2025 11-2025: 8.0%▲ +0.1 percentage points vs 10-2025 12-2025: 8.6%▲ +0.6 percentage points vs 11-2025 01-2026: 11.2%▲ +2.6 percentage points vs 12-2025highest value 02-2026: 2.5%▼ -8.7 percentage points vs 01-2026lowest value 03-2026: 2.6%▲ +0.1 percentage points vs 02-2026 04-2026: 2.6%● unchanged vs 03-2026 05-2026: 2.6%● unchanged vs 04-2026 06-2026: 2.6%● unchanged vs 05-2026 07-2026: 5.4%▲ +2.8 percentage points vs 06-2026 08-2026: 6.6%▲ +1.2 percentage points vs 07-2026 09-2026: 7.9%▲ +1.3 percentage points vs 08-2026 10-2026: 5.9%▼ -2.0 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.18, compared with 1.38 in 2024; short-term debt: 84.5% of total assets), and 84.5% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 25% on solvency, 8% on liquidity, 4% on profitability and 9% on growth.

The bankruptcy probability was computed on 09-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €13,624
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Latest accounts 60 days late; 3 of the last 3 late
NBB · filings
raises risk · No main activity registered
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 9 filings
Deviation from the deadline
2025
60 days late
2024
151 days late
2023
88 days late
2022
152 days late
2021
121 days late
2020
104 days late
2019
70 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 107 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 November (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Registered officeRegistered-office move
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Total assets 20256 financial years filed €13,624 View
  • Active since 2017founded 17-11-2017 8 years View

By topic

Financials

Financial year
2025
Total assets
€13,624
Loss
-€2,069
Solvency
15.5%
Total assets▼ 10.1%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2018
Next accounts
by 31-07-2027
  1. 31-12-2024Back to profit
  2. 27-10-2024Annual accounts filed
  3. 30-12-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
17-11-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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