CHARLES PRODUCTION
ActiveSummary
The computed 12-month bankruptcy probability of CHARLES PRODUCTION is 7.6% (elevated). For CHARLES PRODUCTION, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €746,597 and a net result of -€11,492. Equity is growing by ~5.7% per year across the filed fiscal years. The company has been active since 2008 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability32▼-53
Solvency72▼-28
Growth32▼-46
Track record92
Bankruptcy probability, 12 months
7.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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 2022Solvency, return and age of the figures
Solvency
46.6%
Return on assets
-0.7%
Age of the figures
45 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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 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
not confirmed
2024
not filed
2023
not filed
2022
31 d late
2021
5 d early
2020
29 d early
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 7 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
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Financials · fiscal year 2022, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€11,492
2021 · €219,808
Working capital
€228,595▼ 81.0%
2021 · €1.2m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result€95,264-€95,065▼ 0.2%€109,555▲ 15.2%€289,457▲ 164%€49,384▼ 82.9%
Net result€39,151-€81,425▲ 108%€74,979▼ 7.9%€219,808▲ 193%-€11,492
Equity€1.2m-€1.3m▲ 6.6%€1.4m▲ 5.5%€1.6m▲ 15.9%€746,597▼ 52.4%
Total assets€2.0m-€2.0m▼ 1.5%€2.0m▲ 1.7%€1.7m▼ 13.0%€1.6m▼ 8.0%
Debt€759,413-€651,661▼ 14.2%€617,233▼ 5.3%€143,024▼ 76.8%€855,165▲ 498%
Working capital€936,788-€1.1m▲ 14.1%€1.2m▲ 8.9%€1.2m▲ 3.2%€228,595▼ 81.0%
Staff (FTE)17.818▲ 1.1%14.7▼ 18.3%18.2▲ 23.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 83% below 2021 and is the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.6m
Fixed assets
€749,371 ▲ 89.1%
Current assets
€852,390 ▼ 36.6%
Equity and liabilities €1.6m
Equity
€746,597 ▼ 52.4%
Provisions
€0 ▼ 100%
Debt
€855,165 ▲ 498%
Debt's share of the balance-sheet total rises from 8.2% to 53.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€153,567▼
2021 · €368,397
Cash flow
€92,690▼
2021 · €298,748
Current ratio
1.37▼
2021 · 9.40
Quick ratio
1.34▼
2021 · 9.26
Debt to equity
1.15▲
2021 · 0.09
ROE
-1.5%▼
2021 · 14.0%
ROA
-0.7%▼
2021 · 12.6%
Interest coverage
1.70▼
2021 · 22.25
Debt ≤ 1 year
€623,795▲
2021 · €143,024
Debt > 1 year
€229,862
Income taxes
€23,925▼
2021 · €64,204
Staff costs
€701,100▲
2021 · €401,156
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €401,156 | €701,100 | ▲ 74.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €120,107 | €96,064 | €79,239 | €78,940 | €104,183 | ▲ 32.0% |
| Other operating charges640/8 | - | - | - | €48,822 | €10,477 | ▼ 78.5% |
| Gross operating margin9900 | €861,052 | €866,875 | €772,485 | €818,375 | €865,144 | ▲ 5.7% |
| Operating profit (loss)9901 | €95,264 | €95,065 | €109,555 | €289,457 | €49,384 | ▼ 82.9% |
| Financial income75/76B | - | - | - | €11,113 | €53,455 | ▲ 381% |
| Recurring financial income75 | €10,852 | €9,155 | €9,300 | €11,113 | €53,455 | ▲ 381% |
| Financial charges65/66B | - | - | - | €16,558 | €90,407 | ▲ 446% |
| Recurring financial charges65 | €22,867 | €27,796 | €15,989 | €16,558 | €90,407 | ▲ 446% |
| Profit (loss) for the period before taxes9903 | €83,249 | €76,425 | €102,866 | €284,012 | €12,433 | ▼ 95.6% |
| Income taxes67/77 | €44,098 | -€5,000 | €27,887 | €64,204 | €23,925 | ▼ 62.7% |
| Profit (loss) for the period9904 | €39,151 | €81,425 | €74,979 | €219,808 | -€11,492 | ▼ 105% |
| Transfer from tax-exempt reserves789 | - | - | - | €34,100 | €49,600 | ▲ 45.5% |
| Profit (loss) for the period to be appropriated9905 | €39,151 | €158,925 | -€17,641 | €253,908 | €38,108 | ▼ 85.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.0m | €2.0m | €2.0m | €1.7m | €1.6m | ▼ 8.0% |
| Fixed assets21/28 | €633,986 | €538,617 | €468,942 | €396,264 | €749,371 | ▲ 89.1% |
| Intangible fixed assets21 | €3,390 | €1,020 | €984 | €948 | €912 | ▼ 3.8% |
| Tangible fixed assets22/27 | €614,979 | €521,980 | €452,341 | €379,699 | €732,842 | ▲ 93.0% |
| Land and buildings22 | - | - | - | €199,584 | €604,544 | ▲ 203% |
| Plant, machinery and equipment23 | - | - | - | €149,879 | €107,245 | ▼ 28.4% |
| Furniture and vehicles24 | - | - | - | €21,056 | €15,105 | ▼ 28.3% |
| Other tangible fixed assets26 | - | - | - | €9,180 | €5,948 | ▼ 35.2% |
| Financial fixed assets28 | €15,617 | €15,617 | €15,617 | €15,617 | €15,617 | = |
| Current assets29/58 | €1.4m | €1.4m | €1.5m | €1.3m | €852,390 | ▼ 36.6% |
| Stocks and contracts in progress3 | €21,353 | €22,023 | €17,008 | €19,694 | €18,600 | ▼ 5.6% |
| Stocks30/36 | - | - | - | €19,694 | €18,600 | ▼ 5.6% |
| Amounts receivable within one year40/41 | €235,493 | €78,353 | €75,507 | €64,170 | €806,983 | ▲ 1,158% |
| Trade receivables40 | - | - | - | €5,916 | €159,815 | ▲ 2,602% |
| Other amounts receivable41 | - | - | - | €58,255 | €647,168 | ▲ 1,011% |
| Cash at bank and in hand54/58 | €985,491 | €1.2m | €1.4m | €1.3m | €26,807 | ▼ 97.9% |
| Deferred charges and accrued income490/1 | - | - | - | €258 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.0m | €2.0m | €2.0m | €1.7m | €1.6m | ▼ 8.0% |
| Equity10/15 | €1.2m | €1.3m | €1.4m | €1.6m | €746,597 | ▼ 52.4% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Revaluation surpluses12 | - | - | - | - | €374,569 | - |
| Reserves13 | €171,200 | €171,200 | €263,820 | €263,820 | €124,467 | ▼ 52.8% |
| Non-distributable reserves130/1 | - | - | - | €10,000 | €10,000 | = |
| Reserves not available under the articles1311 | - | - | - | €10,000 | €10,000 | = |
| Tax-exempt reserves132 | - | - | - | €142,220 | €92,620 | ▼ 34.9% |
| Distributable reserves133 | - | - | - | €111,600 | €21,847 | ▼ 80.4% |
| Profit (loss) carried forward14 | €836,325 | €917,750 | €900,108 | €1.1m | €40,123 | ▼ 96.4% |
| Investment grants15 | - | - | - | €84,257 | €107,438 | ▲ 27.5% |
| Provisions and deferred taxes16 | €36,303 | €34,094 | €31,886 | €29,677 | €0 | ▼ 100% |
| Deferred taxes168 | - | - | - | €29,677 | €0 | ▼ 100% |
| Amounts payable17/49 | €759,413 | €651,661 | €617,233 | €143,024 | €855,165 | ▲ 498% |
| Amounts payable after more than one year17 | €332,336 | €291,603 | €248,780 | - | €229,862 | - |
| Financial debts170/4 | - | - | - | - | €229,862 | - |
| Amounts payable within one year42/48 | €427,077 | €360,058 | €368,453 | €143,024 | €623,795 | ▲ 336% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €25,986 | - |
| Financial debts43 | - | - | - | - | €250,000 | - |
| Credit institutions430/8 | - | - | - | - | €250,000 | - |
| Trade debts44 | €50,453 | €54,154 | €43,917 | €38,968 | €160,677 | ▲ 312% |
| Suppliers440/4 | - | - | - | €38,968 | €160,677 | ▲ 312% |
| Taxes, remuneration and social security45 | - | - | - | €75,722 | €179,343 | ▲ 137% |
| Taxes450/3 | - | - | - | €31,096 | €60,674 | ▲ 95.1% |
| Remuneration and social security454/9 | - | - | - | €44,626 | €118,669 | ▲ 166% |
| Other amounts payable47/48 | - | - | - | €28,334 | €7,790 | ▼ 72.5% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,507 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39,151 | €81,425 | €74,979 | €219,808 | -€11,492 | ▼ 105% |
| + Depreciation and write-downs630 | €120,107 | €96,064 | €79,239 | €78,940 | €104,183 | ▲ 32.0% |
| Operating cash flow (approximation) | €159,258 | €177,488 | €154,217 | €298,748 | €92,690 | ▼ 69.0% |
| Investment in fixed assets (approximation) | - | -€695 | -€9,563 | -€6,262 | -€457,290 | ▼ 7,202% |
| Change in cash | - | €233,722 | €216,827 | -€175,731 | -€1.2m | ▼ 602% |
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
2025
28-02
KBO administration
Address struck
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet -€11,492
Net result drops to -€11,492, the lowest in the series.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €219,808 ▲193%
Operating result €289,457, net result €219,808, both a record.
31-12
Financial
Liquidity doublescurrent ratio 9.40
Current ratio from 4.16 to 9.40; short-term debt falls from €368,453 to €143,024.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 48 days late
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
25-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
26-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
30-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Brussel · 2 establishment units since 2008
Ground area
333 m²
Building footprint
179 m²
Volume, LiDAR
3,335 m³
2 parcels, Brussels · tallest building 26.0 m, ±8 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
CHARLI
since 20082.173.390.116
Sint-Katelijnestraat 29-31, 1000 Brussel
since 20152.236.052.017
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21811M0754/00L000 | Brussels | 229 m² | 1 · 94 m² | 16.5 m · 5 fl. |
| 21812N0613/00L000 | Brussels | 105 m² | 1 · 85 m² | 26.0 m · 8 fl. |
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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Structure & network
Part of the group
HANOCQ GROUP
12 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- HANOCQ GROUP
- CHARLES PRODUCTION
Highest known parent: HANOCQ GROUP. The sources do not say who stands above it.
Owners 1
- HANOCQ GROUPparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Dual-learning approval
2 endedHulpkok (so)
Keukenmedewerker (so)
Identification & contact
Identification
Legal formPrivate limited company
Founded11-09-2008
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.