CHARVAL
ActiveSummary
The computed 12-month bankruptcy probability of CHARVAL is 1.9% (moderate). The 2025 annual accounts show negative equity (-€24,803) and a net result of -€4,098. Equity is shrinking by about 36% per year across the filed financial years. The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- -€24,803
- Loss
- -€4,098
Why 51raises riskLoss of €4,098, the second in a row (financial year 2025)Negative equity -€24,803No main activity registeredlowers riskSize: total assets €7,061Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 5% on solvency, 1% on liquidity, 10% on profitability and 18% on growth.
The bankruptcy probability was computed on 22-10-2026 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
This company filed its last 7 accounts on average 36 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)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Weakest financial yearnet -€6,228
Financials · financial year 2025, micro format
2020 to 2025, 5 financial years 2018 to 2025, 7 financial years
The operating result stays negative: a loss of €1,778 in 2025 against €4,787 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85.4% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,906 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,514 | €4,268 | €2,092 | €5,021 | €5,021 | €5,021 | €2,929 | ▼ 41.7% |
| Other operating charges640/8 | - | - | - | €577 | €299 | €497 | €370 | ▼ 25.4% |
| Gross operating margin9900 | €3,829 | €3,789 | €21,644 | €3,580 | €2,345 | €730 | €1,521 | ▲ 108% |
| Operating profit (loss)9901 | -€2,047 | -€1,947 | €18,280 | -€2,018 | -€2,974 | -€4,787 | -€1,778 | ▲ 62.9% |
| Financial income75/76B | - | - | - | - | - | - | €159 | - |
| Recurring financial income75 | - | €0 | €0 | - | - | - | €159 | - |
| Financial charges65/66B | - | - | - | €1,458 | €1,154 | €1,268 | €2,300 | ▲ 81.4% |
| Recurring financial charges65 | €1,364 | €1,368 | €1,253 | €1,458 | €1,154 | €1,268 | €2,300 | ▲ 81.4% |
| Profit (loss) for the period before taxes9903 | -€3,410 | -€3,315 | €17,027 | -€3,476 | -€4,128 | -€6,055 | -€3,919 | ▲ 35.3% |
| Income taxes67/77 | €1,179 | €489 | €4,745 | €380 | €334 | €173 | €179 | ▲ 4.0% |
| Profit (loss) for the period9904 | -€4,590 | -€3,804 | €12,282 | -€3,856 | -€4,461 | -€6,228 | -€4,098 | ▲ 34.2% |
| Profit (loss) for the period to be appropriated9905 | -€4,590 | -€3,804 | €12,282 | -€3,856 | -€4,461 | -€6,228 | -€4,098 | ▲ 34.2% |
| Line | 2018 | 2019 | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €14,788 | €7,992 | €30,294 | €18,997 | €11,291 | €8,964 | €7,061 | ▼ 21.2% |
| Fixed assets21/28 | €4,943 | €675 | €23,686 | €13,645 | €8,624 | €3,604 | €675 | ▼ 81.3% |
| Tangible fixed assets22/27 | €4,268 | - | €23,011 | €12,970 | €7,949 | €2,929 | - | - |
| Furniture and vehicles24 | - | - | - | €12,970 | €7,949 | €2,929 | - | - |
| Financial fixed assets28 | €675 | €675 | €675 | €675 | €675 | €675 | €675 | = |
| Current assets29/58 | €9,845 | €7,317 | €6,608 | €5,352 | €2,666 | €5,360 | €6,386 | ▲ 19.1% |
| Amounts receivable within one year40/41 | €9,756 | €7,311 | - | €5,352 | €2,666 | €5,233 | €6,191 | ▲ 18.3% |
| Trade receivables40 | - | - | - | - | - | - | €175 | - |
| Other amounts receivable41 | - | - | - | €5,352 | €2,666 | €5,233 | €6,016 | ▲ 15.0% |
| Cash at bank and in hand54/58 | - | - | €6,608 | - | - | - | - | - |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €127 | €195 | ▲ 53.6% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €14,788 | €7,992 | €30,294 | €18,997 | €11,291 | €8,964 | €7,061 | ▼ 21.2% |
| Equity10/15 | -€6,669 | -€10,473 | €1,809 | -€10,016 | -€14,478 | -€20,705 | -€24,803 | ▼ 19.8% |
| Contributions10/11 | €500 | €500 | - | €500 | €500 | €500 | €500 | = |
| Profit (loss) carried forward14 | -€7,169 | -€10,973 | €1,309 | -€10,516 | -€14,978 | -€21,205 | -€25,303 | ▼ 19.3% |
| Amounts payable17/49 | €21,457 | €18,465 | €28,485 | €29,014 | €25,768 | €29,669 | €31,864 | ▲ 7.4% |
| Amounts payable after more than one year17 | €1,937 | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €19,520 | €18,465 | €28,485 | €29,014 | €25,768 | €29,669 | €31,864 | ▲ 7.4% |
| Financial debts43 | - | - | - | €12,787 | €7,659 | €11,198 | €26,650 | ▲ 138% |
| Credit institutions430/8 | - | - | - | €12,787 | €7,659 | €11,198 | €26,650 | ▲ 138% |
| Trade debts44 | €1,310 | €5,397 | €5,505 | €9,202 | €14,150 | €18,471 | €5,215 | ▼ 71.8% |
| Suppliers440/4 | - | - | - | €9,202 | €14,150 | €18,471 | €5,215 | ▼ 71.8% |
| Other amounts payable47/48 | - | - | - | €7,025 | €3,958 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,590 | -€3,804 | €12,282 | -€3,856 | -€4,461 | -€6,228 | -€4,098 | ▲ 34.2% |
| + Depreciation and write-downs630 | €4,514 | €4,268 | €2,092 | €5,021 | €5,021 | €5,021 | €2,929 | ▼ 41.7% |
| Operating cash flow (approximation) | -€75 | €464 | €14,374 | €1,165 | €559 | -€1,207 | -€1,169 | ▲ 3.1% |
| Investment in fixed assets (approximation) | - | €0 | -€25,103 | - | €0 | €0 | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-06-2026 | 2026-00219513 |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00438063 |
| 31-12-2023 | micro format | 16-08-2024 | 2024-00347413 |
| 31-12-2022 | micro format | 18-12-2023 | 2023-00529636 |
| 31-12-2020 | micro format | 30-09-2021 | 2021-70900286 |
| 31-12-2019 | micro format | 04-08-2020 | 2020-39100153 |
| 31-12-2018 | micro format | 30-08-2019 | 2019-59700123 |
| 31-12-2017 | micro format | 24-08-2018 | 2018-49400422 |
| 31-12-2016 | micro format | 31-08-2017 | 2017-56800338 |
| 31-12-2015 | abbreviated format | 29-07-2016 | 2016-38300085 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
22-01
Gazette deed
Amendment of the articlesLegal form clause · Capital · Registered office clause11 facts ▸
- General meeting, 30-11-2023
- Legal form clause, “eenparigheid van stemmen, commanditaire vennootschap” (deed in Dutch)
- Other provision, “(On)beschikbaar maken van vermogen en reserves + lot van onvolstorte inbreng, eenparigheid van stemmen” (deed in Dutch)
- Amendment of the articles
- Capital
- Other provision, “V, SAMENLOOP EN/OF EINDE VAN DE VENNOOTSCHAP” (deed in Dutch)
- Registered office clause, “Vlaams Gewest, Bourcetstraat 40,2600 Antwerpen” (deed in Dutch)
- Other provision, “rondvraag varia, niemand van aanwezigen vraagt het woord” (deed in Dutch)
- Other provision, “vermelding op laatste bladzijde van Luik B, voorkant” (deed in Dutch)
- Other provision, “geen statutaire zaakvoerders wier mandaat ongewijzigd verder loopt, statutaire zaakvoerders-bestand” (deed in Dutch)
- Other provision, 30-11-2023
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 23 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11303C0284/00M005 | Flanders | 111 m² | 1 · 55 m² | 11.5 m · 4 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De organisatie, de coördinatie en de verstrekking zelf van algemene gezondheidszorg, hygiënische zorgen en sociale zorgen, dit zowel voor…” (deed in Dutch)
8 activities (deed in Dutch)
- De organisatie, de coördinatie en de verstrekking zelf van algemene gezondheidszorg, hygiënische zorgen en sociale zorgen, dit zowel voor eigen rekening als voor rekening van derden.
- Hierin zijn ondermeer inbegrepen verpleging, aan huis, in ziekenhuizen en alle andere plaatsen welke ervoor zijn ingericht of bestemd. Deze opsomming is louter informatief en niet limitatief.
- Daartoe mag de vennootschap alle roerende en onroerende, financiële, industriële en commerciële handelingen stellen, die rechtstreeks of onrechtstreeks, geheel of gedeeltelijk met het voorwerp van de vennootschap verband houden of de verwezenlijking ervan vergemakkelijken en/of helpen uitbreiden.
- De vennootschap kan alle rechtshandelingen en daden stellen in rechtstreeks of onrechtstreeks verband met haar maatschappelijk doel.
- Zij kan dit doen in België en in het buitenland, en voor eigen rekening en voor rekening van derden.
- Activiteiten waarvoor de vennootschap niet zelf over de vereiste activiteitenattesten zou beschikken, zullen in onderaanneming worden uitgegeven.
- Om haar doel te verwezenlijken, kan de vennootschap samenwerken met, deelnemen in op gelijk welke wijze, rechtstreeks of zijdelings, belangen nemen in de ondernemingen van allerlei aard, alle verbintenissen aangaan, kredieten en leningen aangaan en toestaan, zich voor derden borg stellen onder meer door haar goederen in hypotheek of in pand te geven, inclusief de eigen handelszaak.
- Kortom, zij mag alles doen wat verband houdt met bovenvernoemd doel, of wat van aard is de verwezenlijking ervan te bevorderen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CHARVAL
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuurs- en uitbatingszetels, agentschappen en bijhuizen, bureaus en stapelhuizen in België en buitenland bij eenvoudige…” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Vereffenaar of curator, overdracht door vereffening of faillissement” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed