ChaS
ActiveSummary
ChaS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,386 and a net result of -€2,178. Its solvency ranks better than 42% of 8,575 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 03-07-2023 Normal situation
- Activity
- Public relations and communication consultancy NACE 73300and 4 others
- Establishment unit
- 2.347.779.387 2520 Ranst, since 03-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
- Gross margin
- -€310
- Loss
- €2,178
- Equity
- €8,386
- ▼ 20.6%
- Total assets
- €19,473
- ▼ 1.2%
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLast filed accounts filed 31 days late; 1 of the last 3 accounts late1 change of registered office in 24 monthslowers riskSector: Advertising, market research and public relations activities (NACE 73)Liquidity: current ratio 1.10, cash €7,149Show the evidence
Checked score
About 6 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 73, micro). It does better than 43% of them on solvency, 59% on liquidity, 14% on profitability and 24% on growth.
The bankruptcy probability was computed on 01-11-2026 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 2 accounts on average 30 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00470859.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 2 filings
2024 to 2025, 2 financial years
The operating result for 2025 is a loss of €1,160, after a profit of €12,160 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Advertising, market research and public relations activities (NACE 73). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €1,479 | €6,920 |
| Depreciation and write-downs of the year | €564 | €606 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as ChaS: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €17,400 and €24,400, founded between 2023 and 2024.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| ChaS Ranst | 2023 | €19,473 | €8,386 | -€310 | -€2,178 | 2025 |
| Maxime Hahu Consulting Nivelles | 2023 | €18,386 | €15,536 | -€2,316 | -€4,040 | 2025 |
| G-AIM CONSULTING Verviers | 2023 | €17,419 | -€15,138 | -€25,489 | -€33,273 | 2025 |
| LEVICIA Ukkel | 2023 | €21,874 | -€3,791 | -€6,737 | -€8,124 | 2025 |
| NORIO CONSULTING Huy | 2024 | €20,367 | €4,836 | -€15,232 | -€18,557 | 2025 |
| Solid.Eu Elsene | 2023 | €23,847 | -€25,085 | -€10,576 | -€15,414 | 2025 |
| Quinna Antwerpen | 2023 | €24,361 | €15,875 | -€4,388 | -€6,912 | 2025 |
They were chosen from the 7,100 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 3,223 companies had the same profile as ChaS has now. Two years later, 3.4% had gone bankrupt and 87.8% were still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ChaS itself is lower: 0.6% within 12 months. It rests on far more data about ChaS than the profile alone.
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 3,223 companies, not a prediction for ChaS. 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €564 | €606 | ▲ 7.4% |
| Other operating charges640/8 | €559 | €244 | ▼ 56.4% |
| Gross operating margin9900 | €13,284 | -€310 | - |
| Operating profit (loss)9901 | €12,160 | -€1,160 | - |
| Financial income75/76B | - | €10 | - |
| Recurring financial income75 | - | €10 | - |
| Financial charges65/66B | €256 | €149 | ▼ 41.9% |
| Recurring financial charges65 | €256 | €149 | ▼ 41.9% |
| Profit (loss) for the period before taxes9903 | €11,903 | -€1,299 | - |
| Income taxes67/77 | €3,839 | €879 | ▼ 77.1% |
| Profit (loss) for the period9904 | €8,064 | -€2,178 | - |
| Profit (loss) for the period to be appropriated9905 | €8,064 | -€2,178 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €19,716 | €19,473 | ▼ 1.2% |
| Fixed assets21/28 | €915 | €7,229 | ▲ 690% |
| Tangible fixed assets22/27 | €915 | €7,229 | ▲ 690% |
| Furniture and vehicles24 | €915 | €5,303 | ▲ 480% |
| Other tangible fixed assets26 | - | €1,926 | - |
| Current assets29/58 | €18,802 | €12,244 | ▼ 34.9% |
| Amounts receivable within one year40/41 | €5,082 | €5,095 | ▲ 0.3% |
| Trade receivables40 | €5,082 | €5,082 | = |
| Other amounts receivable41 | - | €13 | - |
| Cash at bank and in hand54/58 | €13,720 | €7,149 | ▼ 47.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €19,716 | €19,473 | ▼ 1.2% |
| Equity10/15 | €10,564 | €8,386 | ▼ 20.6% |
| Contributions10/11 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €8,064 | €5,886 | ▼ 27.0% |
| Amounts payable17/49 | €9,152 | €11,087 | ▲ 21.1% |
| Amounts payable within one year42/48 | €9,152 | €11,087 | ▲ 21.1% |
| Trade debts44 | €2,164 | €3,331 | ▲ 54.0% |
| Suppliers440/4 | €2,164 | €3,331 | ▲ 54.0% |
| Taxes, remuneration and social security45 | €4,925 | €1,018 | ▼ 79.3% |
| Taxes450/3 | €4,925 | €1,018 | ▼ 79.3% |
| Other amounts payable47/48 | €2,064 | €6,738 | ▲ 227% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €8,064 | -€2,178 | - |
| + Depreciation and write-downs630 | €564 | €606 | ▲ 7.4% |
| Operating cash flow (approximation) | €8,629 | -€1,572 | - |
| Investment in fixed assets (approximation) | - | -€6,920 | - |
| Change in cash | - | -€6,571 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Owners and capital
Shareholders
- SCHOETERS, Charlotte 100 shares (100%) · €2,500 in cash
Capital transactions
- 06-07-2023 Incorporation · €2,500 · 100 shares
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Één of meer bestuurders, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder, algemene vergadering bepaalt aantal, duur…”
Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Voor helft ten laste overdrager en helft ten laste koper(s) naar evenredigheid verworven aantal bij meer kopers, ook bij weigering erfgenaam…”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Om welke reden en op welk ogenblik ook, algemene vergadering mag één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding…”
Articles of association, deed of 06-07-2023 (in Dutch)
Network & group
Board mandates elsewhere
1 board mandateConnections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Timeline
Acts, filings and financial milestones
16-12
Gazette deed
Registered office moved from Antwerpen to EmblemDirector in office3 points ▸
- Board meeting, 05-11-2025
- Registered-office move, Heiken 45 - 2520 Emblem
- Director in office, Schoeters Charlotte (director)
06-07
Gazette deed
IncorporationStarting capital €2,500 · Appointment: SCHOETERS, Charlotte (director) · Registered office clause · Pre-incorporation commitments11 points ▸
- Other provision, “slot-overgangsbepalingen-werking, comparant eenparig” (deed in Dutch)
- Registered office clause, “2600 Antwerpen(Berchem),De Roest d'Alkemadelaan 12/42” (deed in Dutch)
- Director appointment, SCHOETERS, Charlotte (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen die eruit voortvloeien en alle activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
- Other provision, “kosten oprichting”, 1146.38 (deed in Dutch)
- Other provision, “uitvoering voorwerp, voorafgaande toelatingen-vergunningen-toegang beroep” (deed in Dutch)
- Incorporation, “ChaS” (deed in Dutch)
- Founder, SCHOETERS, Charlotte
- Founding capital, €2,500
- Other provision, 03-07-2023
- Capital
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
20 activities
- Alle mogelijke advies- en/of dienstenfuncties in de meest ruime zin van het woord:
- Consulting op het gebied van beheer, management, marketing, public relations, press relations en product- en dienstontwikkeling.
- Het geven van advies en verstrekken van diensten met betrekking tot de organisatie en het beheer van bedrijven die op dit (die) domein(en) actief zijn, de vertegenwoordiging en het optreden als commercieel tussenpersoon.
- Het verlenen van bijstand, advies en leiding aan bedrijven, privé-personen en instellingen, voornamelijk doch niet uitsluitend op het vlak van management, marketing, productie en ontwikkeling, processing en het besturen van vennootschappen, dit alles in de meest ruime betekenis.
- Administratie, consultancy en managementactiviteiten. In de ruimste zin bijstand en diensten verlenen, rechtstreeks of onrechtstreeks op het vlak van administratie, bedrijfsorganisatie, financieel en commercieel management, verkoop, productie, algemeen bestuur, marketing, technisch en personeelsmanagement. Het verstrekken van adviezen aan ondernemingen en privépersonen op het gebied van planning, organisatie, efficiëntie en toezicht.
- Het beheren van roerende of onroerende goederen en het beheren van portefeuillewaarden en andere immateriële vaste activa en alle verrichtingen die rechtstreeks betrekking hebben op dit beheer, de uitbreiding, verfraaiing en transformatie ervan.
- Consultancy, opleiding, technische expertise en bijstand op voornoemd(e) gebied(en).
- Belangen nemen door associatie, inbreng, fusie, financiële tussenkomst of op gelijk welke andere wijze, in alle vennootschappen, verenigingen of ondernemingen met een identiek, gelijklopend of samenhangend voorwerp met het hare of die van aard kunnen zijn de ontwikkeling van haar onderneming te begunstigen of een bron van afzetten te vormen.
- Zich borgstellen of zakelijke zekerheden verlenen ten voordele van vennootschappen of particulieren, in de meest ruime zin.
- Functies van bestuurder of vereffenaar uitoefenen in andere vennootschappen.
- Participaties verwerven, in eender welke vorm, in alle bestaande of op te richten rechtspersonen of ondernemingen; het stimuleren, plannen en coordineren van de ontwikkeling van voormelde rechtspersonen of ondernemingen.
- Leningen en kredietopeningen toestaan aan rechtspersonen en ondernemingen of particulieren, in eender welke vorm; het zich borg stellen of aval verlenen, in de meest ruime zin; alle handelsoperaties en financiele operaties verrichten, behalve deze die wettelijk voorbehouden zijn aan depositobanken, houders van deposito’s op korte termijn, spaarkassen, hypotheekmaatschappijen en kapitalisatieondernemingen.
- Bestuursopdrachten en –mandaten waarnemen, opdrachten en functies uitoefenen.
- Het onderzoek, de ontwikkeling, de vervaardiging of commercialisering van nieuwe producten en technologieen en hun toepassingen; het ontwikkelen, kopen, verkoper, in licentie nemen of geven van octrooien, knowhow en aanverwante immateriele vaste activa;
- De aan- en verkoop, evenals de in- en uitvoer, alsook het optreden als tussenpersoon van om het even welke goederen.
- Het beheren van vennootschappen; het optreden als holding, het verrichten van alle managementsactiviteiten van holdings; het deelnemen, onder gelijk welke vorm, aan de oprichting, uitbreiding, omzetting, fusie, opslorping, het bestuur en de controle van ondernemingen.
- Diverse diensten inzake financieel en economisch beheer, vermogensbeheer en inzake administratieve ondersteuning verlenen.
- Hulp verlenen aan ondernemingen waarin ze belang stelt onder meer in de vorm van leningen, voorschotten of borgstellingen, alsook bij wijze van bijstand inzake bestuur en/of administratief.
- Ten voordele van derden alle waarborgen toestaan, alle roerende goederen verpanden, alle onroerende goederen met hypotheek bezwaren.
- Optreden als bestuurder, volmachtdrager, mandataris of vereffenaar in andere vennootschappen, borg stellen voor derden, zaakvoerders en vennoten, evenals hun leningen, voorschotten en kredieten toestaan, behoudens de wettelijke beperkingen ter zake.
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 |
|---|---|---|---|---|
| 11015C0260/00A002 | Flanders | 1,392 m² | 1 · 146 m² | 8.7 m · 2 |