CHARON
ActiveSummary
CHARON has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €552,204 and a net result of €43,469. Equity has been growing by about 4.6% per year since 2018. Its solvency ranks better than 90% of 1,140 sector peers (NACE 77, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 03-07-2001 Normal situation
- Activity
- Rental and leasing activities NACE 77391
- Establishment unit
- 2.101.632.682 2970 Schilde, since 13-03-2002
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Board and ownership
- VANDERBEKEN, Stefaan Rene Martha MariaManaging director
- NAUWELAERS, Gisela Henrietta JoannaDirector · since 30-01-2024
- VANDERBEKEN, InesDirector · since 30-01-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €99,129
- ▼ 10.2%
- Turnover
- ≈ €280,000
- estimated
- Profit
- €43,469
- ▼ 26.5%
- Equity
- €552,204
- ▼ 13.7%
- Total assets
- €626,390
- ▼ 12.6%
Score breakdownraises risk1 of the last 3 accounts latelowers riskLiquidity: current ratio 8.86, cash €211,648Founded in 2001Equity €552,204 (88.2% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 77, micro). It does better than 91% of them on solvency, 92% on liquidity, 68% on profitability and 24% on growth.
The bankruptcy probability was computed on 03-11-2026 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
The company filed its last 7 accounts on average 7 days after the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 29-07-2026 at the NBB all 24 filings
Every figure per financial year
The operating result for 2025 is 16% lower than in 2024. It is the second fall in a row.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 |
|---|---|---|---|
| Employees at the balance-sheet date | 5 | 7 | 6 |
| full-time | 2 | 4 | 5 |
| part-time | 3 | 3 | 1 |
| in full-time equivalents | 4.3 | 6.3 | 5.8 |
| Average over the year, in full-time equivalents | 4 | 5.3 | 5.9 |
| On a permanent contract | 5 | 6 | 5 |
| Joined | 1 | 2 | 3 |
| Left | 0 | 0 | 4 |
Source: social balance sheet in the 2021 to 2023 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €98,039 | €150,394 | €207,422 | €36,335 | €5,586 |
| Financial fixed assets | €4 | €6 | €24 | - | - |
| Depreciation and write-downs of the year | €57,472 | €74,093 | €113,247 | €22,280 | €27,280 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 to 2024 · 2 entries · €150 awarded · €150 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €0 | €77 |
| 2023 | 1 | €150 | €73 |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €179,916 | €217,868 | €289,200 | €2,990 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €84,928 | €83,976 | €60,463 | €57,472 | €74,093 | €113,247 | €22,280 | €27,280 | ▲ 22.4% |
| Other operating charges640/8 | - | - | - | €9,667 | €7,851 | €4,503 | €2,015 | €2,086 | ▲ 3.5% |
| Gross operating margin9900 | €337,024 | €316,560 | €246,135 | €303,325 | €495,230 | €639,373 | €110,394 | €99,129 | ▼ 10.2% |
| Operating profit (loss)9901 | €48,182 | €75 | €7,863 | €56,270 | €195,419 | €232,422 | €83,109 | €69,763 | ▼ 16.1% |
| Financial income75/76B | - | - | - | €354 | €3,557 | €2,859 | €6,003 | €3,033 | ▼ 49.5% |
| Recurring financial income75 | €7,161 | €5,828 | €5,215 | €354 | €3,557 | €2,859 | €6,003 | €3,033 | ▼ 49.5% |
| Financial charges65/66B | - | - | - | €5,787 | €18,071 | €15,237 | €1,894 | €6,724 | ▲ 255% |
| Recurring financial charges65 | €1,811 | €2,400 | €2,157 | €5,787 | €18,071 | €15,237 | €1,894 | €6,724 | ▲ 255% |
| Profit (loss) for the period before taxes9903 | €53,533 | €3,503 | €10,921 | €50,837 | €180,905 | €220,044 | €87,218 | €66,072 | ▼ 24.2% |
| Income taxes67/77 | €16,668 | €2,445 | €3,814 | €13,630 | €49,085 | €72,630 | €28,116 | €22,603 | ▼ 19.6% |
| Profit (loss) for the period9904 | €36,865 | €1,058 | €7,108 | €37,207 | €131,820 | €147,415 | €59,102 | €43,469 | ▼ 26.5% |
| Profit (loss) for the period to be appropriated9905 | €36,865 | €1,058 | €7,108 | €37,207 | €131,820 | €147,415 | €59,102 | €43,469 | ▼ 26.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.6m | €0.6m | €0.6m | €0.7m | €0.9m | €1.0m | €0.7m | €0.6m | ▼ 12.6% |
| Fixed assets21/28 | €0.1m | €0.1m | €0.1m | €0.2m | €0.3m | €0.3m | €0.1m | €0.08m | ▼ 26.2% |
| Intangible fixed assets21 | - | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | - | - | - |
| Tangible fixed assets22/27 | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | €0.3m | €0.1m | €0.08m | ▼ 21.9% |
| Plant, machinery and equipment23 | - | - | - | €0.07m | €0.1m | €0.2m | €0.001m | €0.006m | ▲ 438% |
| Furniture and vehicles24 | - | - | - | €0.09m | €0.09m | €0.2m | €0.1m | €0.07m | ▼ 27.1% |
| Financial fixed assets28 | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | €0.006m | - | - |
| Current assets29/58 | €0.5m | €0.5m | €0.5m | €0.5m | €0.7m | €0.7m | €0.6m | €0.5m | ▼ 10.3% |
| Amounts receivable after more than one year29 | - | - | - | €0.03m | €0.03m | €0.03m | - | - | - |
| Other amounts receivable291 | - | - | - | €0.03m | €0.03m | €0.03m | - | - | - |
| Stocks and contracts in progress3 | €0.09m | €0.1m | €0.07m | €0.07m | €0.1m | €0.1m | - | - | - |
| Stocks30/36 | - | - | - | €0.07m | €0.1m | €0.1m | - | - | - |
| Amounts receivable within one year40/41 | €0.2m | €0.1m | €0.07m | €0.1m | €0.1m | €0.1m | €309 | €0.06m | ▲ 196× |
| Trade receivables40 | - | - | - | €0.1m | €0.1m | €0.1m | €309 | €0.06m | ▲ 196× |
| Other amounts receivable41 | - | - | - | €0.001m | - | €100 | - | - | - |
| Current investments50/53 | €0.05m | €0.05m | €0.05m | €0.03m | €0.03m | €0.03m | €0.5m | €0.3m | ▼ 49.3% |
| Cash at bank and in hand54/58 | €0.2m | €0.1m | €0.2m | €0.3m | €0.4m | €0.4m | €0.07m | €0.2m | ▲ 216% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.005m | €0.003m | - | €0.001m | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.6m | €0.6m | €0.6m | €0.7m | €0.9m | €1.0m | €0.7m | €0.6m | ▼ 12.6% |
| Equity10/15 | €0.5m | €0.5m | €0.5m | €0.5m | €0.7m | €0.8m | €0.6m | €0.6m | ▼ 13.7% |
| Contributions10/11 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.3m | €0.3m | €0.3m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.3m | €0.3m | €0.3m | €0.06m | €0.06m | = |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.3m | €0.4m | €0.5m | €0.6m | €0.5m | ▼ 15.1% |
| Non-distributable reserves130/1 | - | - | - | €0.03m | €0.03m | €0.03m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.03m | €0.03m | €0.03m | €0.006m | €0.006m | = |
| Distributable reserves133 | - | - | - | €0.2m | €0.4m | €0.5m | €0.6m | €0.5m | ▼ 15.3% |
| Profit (loss) carried forward14 | -€0.001m | -€0.001m | -€0.001m | -€0.001m | -€0.001m | -€0.001m | - | - | - |
| Amounts payable17/49 | €0.2m | €0.09m | €0.1m | €0.1m | €0.3m | €0.2m | €0.08m | €0.07m | ▼ 4.2% |
| Amounts payable after more than one year17 | €0.001m | - | €0.02m | €0.04m | €0.02m | €0.04m | €0.02m | €0.01m | ▼ 47.0% |
| Financial debts170/4 | - | - | - | €0.04m | €0.02m | €0.04m | €0.02m | €0.01m | ▼ 47.0% |
| Amounts payable within one year42/48 | €0.2m | €0.09m | €0.09m | €0.1m | €0.2m | €0.2m | €0.05m | €0.06m | ▲ 14.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.02m | €0.02m | €0.03m | €0.02m | €0.01m | ▼ 30.0% |
| Trade debts44 | €0.09m | €0.06m | €0.04m | €0.03m | €0.04m | €0.06m | €0.001m | €0.004m | ▲ 434% |
| Suppliers440/4 | - | - | - | €0.03m | €0.04m | €0.06m | €0.001m | €0.004m | ▲ 434% |
| Taxes, remuneration and social security45 | - | - | - | €0.06m | €0.1m | €0.07m | €0.009m | €0.04m | ▲ 321% |
| Taxes450/3 | - | - | - | €0.03m | €0.06m | €0.03m | €0.009m | €0.04m | ▲ 321% |
| Remuneration and social security454/9 | - | - | - | €0.03m | €0.04m | €0.03m | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €0.07m | €0.004m | €0.03m | €0.009m | ▼ 68.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36,865 | €1,058 | €7,108 | €37,207 | €131,820 | €147,415 | €59,102 | €43,469 | ▼ 26.5% |
| + Depreciation and write-downs630 | €84,928 | €83,976 | €60,463 | €57,472 | €74,093 | €113,247 | €22,280 | €27,280 | ▲ 22.4% |
| Operating cash flow (approximation) | €121,793 | €85,033 | €67,570 | €94,679 | €205,913 | €260,662 | €81,382 | €70,749 | ▼ 13.1% |
| Investment in fixed assets (approximation) | - | -€73,808 | -€72,216 | -€98,043 | -€150,400 | -€207,446 | €219,460 | €188 | ▼ 99.9% |
| Change in cash | - | -€19,109 | €95,653 | €33,959 | €89,496 | €13,258 | -€308,222 | €144,682 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 20,136 companies had the same profile as CHARON has now. Two years later, 95.0% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of CHARON itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,136 companies, not a prediction for CHARON. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-07-2026 | 2026-00359624 | |
| 31-12-2024 | micro format | 31-08-2025 | 2025-00459786 | |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00318492 | |
| 31-12-2022 | micro format | 30-06-2023 | 2023-00186997 | |
| 31-12-2021 | micro format | 30-06-2022 | 2022-20122386 | |
| 31-12-2020 | micro format | 24-08-2021 | 2021-53600019 | |
| 31-12-2019 | micro format | 30-09-2020 | 2020-57700101 | |
| 31-12-2018 | micro format | 29-08-2019 | 2019-56500132 | |
| 31-12-2017 | micro format | 20-08-2018 | 2018-47400119 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-57100314 |
Board & ownership
Directors
Board 2
Day-to-day management 1
Owners and capital
Shareholders
- VANDERBEKEN, Stefaan Rene Martha Maria all shares
Capital transactions
- 13-02-2024 Capital reduction of €197,300 · to €61,500 · repaid to the shareholders
Mandate history
- Board
- Day-to-day management
| Name | Functions and periods |
|---|---|
| NAUWELAERS, Gisela Henrietta Joanna |
|
| VANDERBEKEN, Ines |
|
| VANDERBEKEN, Stefaan Rene Martha Maria |
|
Network & group
CHARON shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of CHARON. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
13-02
Gazette deed
Company renamed from COFISERV to CHARONCapital decrease of €197,300 to €61,500 · Appointments: NAUWELAERS, Gisela Henrietta Joanna, VANDERBEKEN, Ines and VANDERBEKEN, Stefaan Rene Martha Maria · Incorporation14 points ▸
- Incorporation, 22-06-2001
- VANDERBEKEN, Stefaan Rene Martha Maria holds all the shares
- General meeting, 30-01-2024
- Amendment of the articles, mentioned 2 times in the deed
- Name change, CHARON
- Registered-office move, 2970 's-Gravenwezel, Groene Wandeling 37
- Capital, €61,500
- Director appointment, NAUWELAERS, Gisela Henrietta Joanna (director (not named in the articles))
- Director appointment, VANDERBEKEN, Ines (director (not named in the articles))
- Director appointment, VANDERBEKEN, Stefaan Rene Martha Maria (afgevaardigd bestuurder)
- Declaration, “no management ban” (deed in Dutch), mentioned 3 times in the deed
- Other provision, “draft and sign coordinated statutes, file in company dossier, statute coordination mandate” (deed in Dutch)
- The act holds 2 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
8 activities
- Het verhuren en servicen van verkoopsautomaten, het beheren van een automatenpark, het aanmaken en/of verkopen van voedingswaren en andere verbruiksgoederen via verkoopsautomaten, het verhandelen van verbruiksgoederen met betrekking tot de verkoopsautomaten, het verlenen van diensten inzake catering
- De handel, de verkoop in groothandel of in kleinhandel, de vertegenwoordiging, de distributie, de dienst, de verpakking, de import, de export, de makelarij, de vervaardiging: - van alle voedingswaren of levensmiddelen alsook alles wat betrekking heeft op de algemene voeding; - van dranken, als daar ondermeer zijn: alcoholische en niet-alcoholische dranken, limonaden, bieren en fruitsappen, alsook producten van suikergoed, koffie en thee, dit in de meest uitgebreide zin van het woord
- Het organiseren van seminaries, bijeenkomsten, congressen, vergaderingen, beurzen, vrijetijdsactivteiten, evenals het verlenen van diensten, het adviseren en terbeschikkingstellen van uitrusting of enig ander materieel voor dergelijke organisaties
- Het deelnemen in, het voeren van beheer over en het financieren van andere ondernemingen van welke aard ook, het instaan voor schulden van derden, het beleggen van vermogen voor eigen rekening en het verlenen van management-diensten, zomede als het geen met het vorenstaande verband houdt of daartoe bevorderlijk kan zijn
- Het verlenen van bijstand, advies en leiding aan bedrijven, privépersonen en instellingen, voornamelijk doch niet uitsluiten op het vlak van management, marketing, productie en ontwikkeling, processing en het besturen van vennootschappen, dit alles in de meest ruime betekenis
- Zij mag alle handels-, industriële en financiële activiteiten en alle onroerend en roerend goed verrichtingen uitvoeren, die rechtstreeks of onrechtstreeks verband houden met haar voorwerp of activiteiten die zullen bijdragen tot haar ontwikkeling. De vennootschap zal de leiding en de controle, in haar hoedanigheid van bestuurder, vereffenaar of anderszins, kunnen uitoefenen over, en advies verschaffen aan aanverwante ondernemingen en dochtervennootschappen
- De vennootschap mag bij wijze van inbreng in speciën of in natura, fusie, onderschrijving, deelneming, financiële tussenkomst of anderszins, belangen nemen in andere bestaande of op te richten vennootschappen of ondernemingen, in België of in het buitenland, waarvan het voorwerp verwant of analoog is met het hare of van aard haar voorwerp te bevorderen
- De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen, onder meer door haar goederen in hypotheek of in pand te geven, inclusief de eigen handelszaak
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11041B0005/00P000 | Flanders | 833 m² | 1 · 132 m² | 7.6 m · 2 |