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Char-Belle Estate

Active
Private limited companyfounded 2021active for 5 yearsSchoolstraat 23, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 0764.715.435
Summary

Char-Belle Estate has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€234,499) and a net result of -€43,245. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 9% of 11,268 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Official details

Source: KBO
Status
Active since 05-03-2021 Normal situation
Activity
Development of residential building projects NACE 68121and 2 others
Establishment unit
2.314.231.839 3540 Herk-de-Stad, since 05-03-2021
Financial year end
31 December
Peppol
Reachable since 26-07-2024

Board and ownership

Board
  • SCHROË ERIKDirector · since 02-02-2021
  • THIJS MARIELLEDirector · since 02-02-2021

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts 2025
Gross margin
€49,304
Turnover
≈ €130,000
estimated
Loss
€43,245
▼ 67.8%
Equity
-€234,499
▼ 22.6%
Total assets
€1.6m
▼ 31.3%
  • Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equity1 change of registered office in 24 monthsNegative equity -€234,499lowers riskSize: total assets €1.6mSector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 15% of micro companies in real estate (NACE 68)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 11-6
equity -14.5% of total assets
Liquidity 3-31
short-term debt 87.0% · cash 0.7%
Profitability 22-1
return on assets -2.7%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.2%▲ +0.1 percentage points vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.9%▲ +0.6 percentage points vs 08-2026 10-2026: 0.9%● unchanged vs 09-2026highest value 11-2026: 0.9%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.43 (2.13 in 2024), below 1. Short-term debt is 87% and cash 0.7% of total assets. Equity is negative.
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, micro). It does better than 11% of them on solvency, 6% on liquidity, 21% on profitability and 20% on growth.

The bankruptcy probability was computed on 04-11-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: total assets €1.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€234,499
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2122232425
2021 to 2025 · latest year -€234,499
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
24 days early
2024
7 days early
2023
68 days early
2022
38 days early
2021
19 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 31 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)
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 7 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€234,499 View
  • Risk: 5 loss-making years in a rowloss in financial year 2025 -€43,245 View
  • Caution: Less equity than 93% of companies in real estatesector median €301,216 · 11,273 companies -€234,499 View
  • Positive: Result rose in 2025from -€134,189 to -€43,245 ▲ 67.8% View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

Recent changes

  1. · Gazette deed Registered office moved within Herk-de-StadNew seat: Schoolstraat 23 Bus 1, 3540 Herk-de-Stad · Previous seat: Schoolstraat 18, 3540 Herk-de-Stad
  2. · Gazette deed Incorporation
All 9 events

Comparable companies

These companies have the same main activity as Char-Belle Estate: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.4m and €2m, founded between 2020 and 2021.

CompanyTotal assetsGross margin
Char-Belle Estate Herk-de-Stad€1.6m€0.05m
DOMA Tessenderlo-Ham€1.4m€0.06m
Glo-Construct Antwerpen€1.7m€0.05m
ESTATE INVEST Ninove€2.0m€0.05m
SJV CONSTRUCT Roeselare€1.7m€0.03m
B.P.O. Real Estate Oudenaarde€1.8m€0.06m
VTT Renovations Deerlijk€1.9m€0.07m
Full comparison

Key facts about Char-Belle Estate

What is the company number of Char-Belle Estate?
The company number of Char-Belle Estate is 0764.715.435. The VAT number is the same number with BE in front: BE 0764.715.435.
Where is Char-Belle Estate based?
The registered office is at Schoolstraat 23, 3540 Herk-de-Stad.Company details
What does Char-Belle Estate do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of Char-Belle Estate?
The legal form of Char-Belle Estate is Private limited company (BV).
When was Char-Belle Estate founded?
Char-Belle Estate was founded on 05-03-2021.
Is Char-Belle Estate still active?
Yes, Char-Belle Estate is an active enterprise in the KBO register.
What is the turnover of Char-Belle Estate?
The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €49,304 and 32 comparable companies (NACE 681). It probably lies between €74,000 and €280,000.Financials
Is Char-Belle Estate profitable?
In financial year 2025, Char-Belle Estate made a loss of €43,245.
Where can I find the annual accounts of Char-Belle Estate?
Char-Belle Estate filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Char-Belle Estate due?
Char-Belle Estate must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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