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CHATO

Active
Private limited companyfounded 200916 yrs activeSchalmei 48, 2970 Schilde, BelgiumKBO/BCE: BE 0819.588.038
Summary

The computed 12-month bankruptcy probability of CHATO is 1.7% (moderate). The 2024 annual accounts show negative equity (-€36,226) and a net result of -€2,599. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 26040 sector peers (fiscal year 2024). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0▼-69
Solvency0=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.1 against 0.11 in 2023; short-term debt: 535.2% and cash: 0.6% 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
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 2024
Solvency, return and age of the figures
Solvency
-435.2%
Return on assets
-31.2%
Age of the figures
21 mo
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€36,226
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
44 d early
2023
1 d early
2022
6 d early
2021
5 d early
2020
30 d late
2019
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average on the deadline day; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 13 October 2009, CHATO was incorporated.1 Revenue went from EUR 24,896 in 2018 to EUR 3,600 in 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020

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Financials · fiscal year 2024, micro schema

Turnover
€3,600▼ 12.4%
2019 · €4,108
EBIT margin
46.2%▲ 118.7pp
2019 · -72.5%
Net result
-€2,599
2023 · €1,057
Working capital
-€40,026▼ 6.9%
2023 · -€37,427
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
Line20202021202220232024
Turnover€3,600▼ 12.4%
Operating result€1,663€1,823▲ 9.6%€1,332▼ 26.9%€1,057▼ 20.7%-€2,538
Net result€1,602€119,256▲ 7,343%€1,263▼ 98.9%€1,057▼ 16.3%-€2,599
EBIT margin46.2%▲ 118.7pp
Equity-€155,203▲ 1.0%-€35,947▲ 76.8%-€34,684▲ 3.5%-€33,627▲ 3.0%-€36,226▼ 7.7%
Total assets€6,602▲ 20.6%€7,726▲ 17.0%€9,053▲ 17.2%€8,373▼ 7.5%€8,324▼ 0.6%
Debt€161,806▼ 0.3%€43,673▼ 73.0%€43,738▲ 0.1%€42,000▼ 4.0%€44,550▲ 6.1%
Working capital-€159,003▲ 1.0%-€39,747▲ 75.0%-€38,484▲ 3.2%-€37,427▲ 2.7%-€40,026▼ 6.9%
Staff (FTE)
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
  • 2022 Net result -99% on 2021. The accounts now follow the micro schema, last year the abbreviated schema.
  • 2021 Net result +7,343% on 2020. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2020: €1,663€1,663Net result 2020: €1,602€1,602Operating result 2021: €1,823€1,823Net result 2021: €119,256€119,256Operating result 2022: €1,332€1,332Net result 2022: €1,263€1,263Operating result 2023: €1,057€1,057Net result 2023: €1,057€1,057Operating result 2024: -€2,538-€2,538Net result 2024: -€2,599-€2,59920202021202220232024-€3,000-€2,000-€1,000€0€1,000Operating result 2022: €1,332€1,330Net result 2022: €1,263€1,260Operating result 2023: €1,057€1,060Net result 2023: €1,057€1,060Operating result 2024: -€2,538-€2,540Net result 2024: -€2,599-€2,600202220232024
The operating result turns negative in 2024: a loss of €2,538 after €1,057 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8,324
Fixed assets €3,800 =
Current assets €4,524 ▼ 1.1%
Key figures and ratios
2024 value · change against 2023
Solvency
-435.2%▼
2023 · -401.6%
Current ratio
0.10▼
2023 · 0.11
Debt to equity
-1.23▲
2023 · -1.25
ROA
-31.2%▼
2023 · 12.6%
Debt ≤ 1 year
€44,550▲
2023 · €42,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,943 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
5.5% went bankrupt
8.1% stopped otherwise
85% still going

A further 1.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 6,943 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 27 lines
Balance sheet Code20232024
Assets
Total assets20/58€8,373€8,324▼
Fixed assets21/28€3,800€3,800=
Financial fixed assets28€3,800€3,800=
Current assets29/58€4,573€4,524▼
Amounts receivable within one year40/41€3,878€4,474▲
Other amounts receivable41€3,878€4,474▲
Cash at bank and in hand54/58€95€50▼
Deferred charges and accrued income490/1€600-
Equity and liabilities
Total equity and liabilities10/49€8,373€8,324▼
Equity10/15-€33,627-€36,226▼
Contributions10/11€25,000€25,000=
Capital10€25,000€25,000=
Issued capital100€25,000€25,000=
Profit (loss) carried forward14-€58,627-€61,226▼
Amounts payable17/49€42,000€44,550▲
Amounts payable within one year42/48€42,000€44,550▲
Other amounts payable47/48€42,000€44,550▲
Income statement Code20232024
Other operating charges640/8€802€1,223▲
Gross operating margin9900€1,859-€1,315▼
Operating profit (loss)9901€1,057-€2,538▼
Financial charges65/66B-€61
Recurring financial charges65-€61
Profit (loss) for the period before taxes9903€1,057-€2,599▼
Profit (loss) for the period9904€1,057-€2,599▼
Profit (loss) for the period to be appropriated9905€1,057-€2,599▼
Appropriation of the result
Profit (loss) to be appropriated9906-€58,627-€61,226▼
Profit (loss) brought forward from the previous period14P-€59,684-€58,627▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70€3,600-----
Other operating charges640/8-€550€552€802€1,223▲ 52.5%
Gross operating margin9900€2,265€2,372€1,884€1,859-€1,315▼ 171%
Operating profit (loss)9901€1,663€1,823€1,332€1,057-€2,538▼ 340%
Financial income75/76B-€117,500----
Recurring financial income75-€117,500----
Non-recurring financial income76B-€117,500----
Financial charges65/66B-€67€69-€61-
Recurring financial charges65€61€67€69-€61-
Profit (loss) for the period before taxes9903€1,602€119,256€1,263€1,057-€2,599▼ 346%
Profit (loss) for the period9904€1,602€119,256€1,263€1,057-€2,599▼ 346%
Profit (loss) for the period to be appropriated9905€1,602€119,256€1,263€1,057-€2,599▼ 346%
Line20202021202220232024Change
Assets
Total assets20/58€6,602€7,726€9,053€8,373€8,324▼ 0.6%
Fixed assets21/28€3,800€3,800€3,800€3,800€3,800=
Financial fixed assets28€3,800€3,800€3,800€3,800€3,800=
Current assets29/58€2,802€3,926€5,253€4,573€4,524▼ 1.1%
Amounts receivable within one year40/41€2,118€2,728€3,365€3,878€4,474▲ 15.4%
Other amounts receivable41-€2,728€3,365€3,878€4,474▲ 15.4%
Cash at bank and in hand54/58€684€1,198€1,588€95€50▼ 47.3%
Deferred charges and accrued income490/1--€300€600--
Equity and liabilities
Total equity and liabilities10/49€6,602€7,726€9,053€8,373€8,324▼ 0.6%
Equity10/15-€155,203-€35,947-€34,684-€33,627-€36,226▼ 7.7%
Contributions10/11€25,000€25,000€25,000€25,000€25,000=
Capital10-€25,000€25,000€25,000€25,000=
Issued capital100-€25,000€25,000€25,000€25,000=
Profit (loss) carried forward14-€180,203-€60,947-€59,684-€58,627-€61,226▼ 4.4%
Amounts payable17/49€161,806€43,673€43,738€42,000€44,550▲ 6.1%
Amounts payable within one year42/48€161,806€43,673€43,738€42,000€44,550▲ 6.1%
Trade debts44€224€229----
Suppliers440/4-€229----
Other amounts payable47/48-€43,444€43,738€42,000€44,550▲ 6.1%
Line20202021202220232024Change
Profit (loss) for the period9904€1,602€119,256€1,263€1,057-€2,599▼ 346%
Operating cash flow (approximation)€1,602€119,256€1,263€1,057-€2,599▼ 346%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€514€390-€1,494-€45▲ 97.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
17-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Highest result since 2018net €119,256 ▲7,343%
Operating result €1,823, net result €119,256, both a record.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial Back to profitnet €1,602
Net result €1,602 after 2 loss-making years.
28-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
06-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
25-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Schilde · 1 establishment unit since 2009
seat establishment The establishment unit on the map
Ground area
7,567 m²
Building footprint
2,048 m²
Volume, LiDAR
6,222 m³
2 parcels, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Jumbo Lier
Antwerpsesteenweg 382, 2500 LierNon-specialised retail sale with food, beverages or tobacco predominating
since 20092.185.672.096
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12392A0306/00P000 Flanders 6,465 m² 1 · 1,893 m² 11.8 m
11041B0082/00P002 Flanders 1,102 m² 1 · 155 m² 11.2 m · 3 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.

Structure & network

Owners and holdings

1 owner

Owners 1

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

Food safety, FASFC

1 site
Lier2.185.672.096
2 permissions
Toelating · Detailhandel met verwerking · since 13-10-2025
Toelating · Vleeswinkel · since 13-10-2025

Similar companies · same sector and region

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 10,510 companies in sector 47110 we hold annual accounts for 5,850. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded13-10-2009
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID 0208:0819588038
Also 9925:BE0819588038
Registered 19-11-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.