Charmy
ActiveSummary
Charmy has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-156k) and a net result of €48k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 15% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▼-2
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.06 against 1.0 in 2024; short-term debt: 38.3% and cash: 1.4% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-27.8%
Return on assets
8.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 18400 sector peers (2025).
NBB · sector comparisonPosition among 18400 sector peers
Solvency
better than 15%
← weakest
strongest →
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
9 d early
2023
30 d early
2022
47 d early
2021
11 d early
2020
53 d early
2019
30 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Equity
€-156k▲ 23.4%
2024 · €-203k
Total assets
€560k▼ 12.8%
2024 · €642k
Net result
€48k▲ 19.3%
2024 · €40k
Working capital
€12k▲ 1,042%
2024 · €1k
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
Line20212022202320242025
Operating result€2k€55k▲ 2,350%€81k▲ 48.0%€56k▼ 30.5%€73k▲ 28.6%
Net result€-9k▲ 92.9%€40k€74k▲ 83.9%€40k▼ 45.7%€48k▲ 19.3%
Equity€-357k▼ 2.5%€-317k▲ 11.2%€-243k▲ 23.2%€-203k▲ 16.4%€-156k▲ 23.4%
Total assets€665k▼ 16.6%€653k▼ 1.8%€697k▲ 6.9%€642k▼ 7.9%€560k▼ 12.8%
Debt€1.02M▼ 10.8%€969k▼ 5.1%€941k▼ 3.0%€845k▼ 10.1%€715k▼ 15.4%
Working capital€91k▲ 23.0%€42k▼ 54.3%€44k▲ 6.6%€1k▼ 97.6%€12k▲ 1,042%
Staff (FTE)1.5▲ 66.7%3▲ 100%3.6▲ 20.0%3.1▼ 13.9%3.3▲ 6.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 29% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €560k
Fixed assets
€333k ▼ 10.7%
Current assets
€227k ▼ 15.8%
Key figures and ratios
EBITDA
€113k▲
2024 · €91k
Cash flow
€88k▲
2024 · €74k
Solvency
-27.8%▲
2024 · -31.7%
Current ratio
1.06▲
2024 · 1.00
Quick ratio
0.07▲
2024 · 0.07
Debt to equity
-4.60▼
2024 · -4.16
ROA
8.5%▲
2024 · 6.2%
Interest coverage
4.49▼
2024 · 5.04
Debt ≤ 1 year
€214k▼
2024 · €268k
Debt > 1 year
€498k▼
2024 · €577k
Staff costs
€62k▼
2024 · €67k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €413 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €52k | €57k | €67k | €67k | €62k | ▼ 7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35k | €35k | €34k | €34k | €40k | ▲ 16.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €-3k | €-2k | €6k | €-17k | €2k | ▲ 111% |
| Other operating charges640/8 | €5k | €6k | €8k | €5k | €5k | ▼ 12.7% |
| Non-recurring operating charges66A | €0 | - | - | - | - | - |
| Gross operating margin9900 | €91k | €150k | €197k | €146k | €181k | ▲ 23.5% |
| Operating profit (loss)9901 | €2k | €55k | €81k | €56k | €73k | ▲ 28.6% |
| Financial income75/76B | €6k | €1k | €7k | €1k | €167 | ▼ 88.8% |
| Recurring financial income75 | €6k | €1k | €7k | €1k | €167 | ▼ 88.8% |
| Financial charges65/66B | €17k | €16k | €15k | €18k | €25k | ▲ 39.4% |
| Recurring financial charges65 | €17k | €16k | €15k | €18k | €25k | ▲ 39.4% |
| Profit (loss) for the period before taxes9903 | €-9k | €40k | €74k | €40k | €48k | ▲ 19.3% |
| Profit (loss) for the period9904 | €-9k | €40k | €74k | €40k | €48k | ▲ 19.3% |
| Profit (loss) for the period to be appropriated9905 | €-9k | €40k | €74k | €40k | €48k | ▲ 19.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €665k | €653k | €697k | €642k | €560k | ▼ 12.8% |
| Fixed assets21/28 | €433k | €407k | €373k | €373k | €333k | ▼ 10.7% |
| Intangible fixed assets21 | €3k | €2k | €1k | €648 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €430k | €405k | €372k | €372k | €333k | ▼ 10.6% |
| Land and buildings22 | €425k | €399k | €368k | €337k | €306k | ▼ 9.2% |
| Plant, machinery and equipment23 | €2k | €3k | €2k | €1k | €325 | ▼ 71.4% |
| Furniture and vehicles24 | €3k | €3k | €2k | €34k | €27k | ▼ 21.9% |
| Financial fixed assets28 | €109 | €109 | €109 | €109 | €109 | = |
| Current assets29/58 | €231k | €246k | €324k | €269k | €227k | ▼ 15.8% |
| Stocks and contracts in progress3 | €173k | €220k | €301k | €251k | €211k | ▼ 16.1% |
| Stocks30/36 | €173k | €220k | €301k | €251k | €211k | ▼ 16.1% |
| Amounts receivable within one year40/41 | €0 | - | €15 | €3k | €5k | ▲ 66.4% |
| Trade receivables40 | €0 | - | - | €3k | €5k | ▲ 50.5% |
| Other amounts receivable41 | - | - | €15 | €0 | €512 | - |
| Current investments50/53 | €38 | €38 | €38 | €0 | - | - |
| Cash at bank and in hand54/58 | €56k | €22k | €21k | €12k | €8k | ▼ 36.4% |
| Deferred charges and accrued income490/1 | €2k | €4k | €2k | €2k | €3k | ▲ 18.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €665k | €653k | €697k | €642k | €560k | ▼ 12.8% |
| Equity10/15 | €-357k | €-317k | €-243k | €-203k | €-156k | ▲ 23.4% |
| Contributions10/11 | €50k | €50k | €50k | €50k | €50k | = |
| Reserves13 | €50k | €50k | €50k | €50k | €50k | = |
| Non-distributable reserves130/1 | €5k | €5k | €0 | - | - | - |
| Reserves not available under the articles1311 | €5k | €5k | €0 | - | - | - |
| Tax-exempt reserves132 | €45k | €45k | €45k | €45k | €45k | = |
| Distributable reserves133 | - | - | €5k | €5k | €5k | = |
| Profit (loss) carried forward14 | €-457k | €-417k | €-343k | €-303k | €-256k | ▲ 15.7% |
| Amounts payable17/49 | €1.02M | €969k | €941k | €845k | €715k | ▼ 15.4% |
| Amounts payable after more than one year17 | €881k | €765k | €661k | €577k | €498k | ▼ 13.8% |
| Financial debts170/4 | €595k | €542k | €469k | €417k | €374k | ▼ 10.3% |
| Other amounts payable178/9 | €286k | €224k | €192k | €161k | €124k | ▼ 22.7% |
| Amounts payable within one year42/48 | €140k | €204k | €280k | €268k | €214k | ▼ 20.0% |
| Current portion of amounts payable after more than one year42 | €71k | €75k | €76k | €81k | €106k | ▲ 30.3% |
| Trade debts44 | €31k | €88k | €160k | €132k | €60k | ▼ 54.3% |
| Suppliers440/4 | €31k | €88k | €160k | €132k | €60k | ▼ 54.3% |
| Taxes, remuneration and social security45 | €38k | €41k | €44k | €55k | €48k | ▼ 12.4% |
| Taxes450/3 | €31k | €29k | €33k | €40k | €41k | ▲ 1.8% |
| Remuneration and social security454/9 | €7k | €12k | €11k | €15k | €8k | ▼ 49.1% |
| Accrued charges and deferred income492/3 | - | - | - | - | €3k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-9k | €40k | €74k | €40k | €48k | ▲ 19.3% |
| + Depreciation and write-downs630 | €35k | €35k | €34k | €34k | €40k | ▲ 16.6% |
| Operating cash flow (approximation) | €26k | €75k | €107k | €74k | €88k | ▲ 18.1% |
| Investment in fixed assets (approximation) | - | €-8k | €0 | €-34k | €0 | ▲ 100% |
| Change in cash | - | €-34k | €-675 | €-9k | €-5k | ▲ 49.2% |
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
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €74k ▲83.9%
Operating result €81k, net result €74k, both a record.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €40k
Net result €40k after 4 loss-making years.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 1.29
Current ratio from 0.52 to 1.29; short-term debt falls from €580k to €257k.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Waregem · 1 establishment unit since 1979
Ground area
741 m²
Building footprint
284 m²
Volume, LiDAR
722 m³
Parcel 34006B0299/00N002, Flanders · tallest building 7.8 m, ±1 floor. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Kortrijkseweg 212, 8791 Waregem
since 19792.015.844.397
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34006B0299/00N002 | Flanders | 741 m² | 1 · 284 m² | 7.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 960 EUR awarded · 960 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 960 EUR | 960 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Roeselare
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 6,498 companies in sector 47716 we hold annual accounts for 2,439. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-01-1979
Fiscal year end31-12
Activities, NACEBEL 2025
47711Retail sale of women's outerwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Scores and ratios are computed by Checked and are not a credit decision.
General meetings
2 convocationsGeneral meeting
Agenda
1. Jaarverslag. 2. Goedkeuring jaarrekening per 31/12/2008. 3. Bestem- ming resultaat. 4. Kwijting bestuurders. 5. Verlenging mandaten bestuurders. 6. Diversen. (AOPC-1-9-03217/14.05)
General meeting
Agenda
Goedkeuring van de jaarrekening per 31/12/2005. Kwijting aan bestuurders. Diversen. (23068) IMDECO, naamloze vennootschap, Spinnerijstraat 6, 8793 Sint-Eloois-Vijve Ondernemingsnummer 0418.002.989 Algemene vergadering op de zetel op 06/06/2006, om 14 uur. Agenda : Jaarverslag. Goedkeuring van de jaarrekening 31/12/2005. Kwijting aan bestuurders. Diversen. (23069) Valorauto Belgium, naamloze vennootschap, Wervikstraat 320, 8930 Menen Ondernemingsnummer 0459.675.179 Algemene vergadering op de zetel op 06/06/2006, om 15 uur. Agenda : Verslag raad van bestuur. Goedkeuring van de jaarrekening 31/12/2005. Resultaataanwending. Kwijting aan bestuurders. Diver- sen. (23070) VIPCO SYSTEMS, naamloze ve ...