Chato10
ActiveThe computed 12-month bankruptcy probability of Chato10 is 7.0% (elevated). The 2024 annual accounts show negative equity (€-20k) and a net result of €-34k. Its solvency ranks better than 25% of 18941 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
29
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability23▲+14
Solvency18▼-12
Growth32
Track record94
Bankruptcy probability, 12 months
7.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.37 against 0.97 in 2023; short-term debt: 21% and cash: 1.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
-6.6%
Return on assets
-11.2%
Age of the figures
20 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2324
2023 to 2024 · latest year €-20k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-10-2025, 85 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
85 d late
2023
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-20k
2023 · €16k
2023: €16k
2023 → 2024
Total assets
€304k▼ 11.3%
2023 · €342k
2023: €342k
2023 → 2024
Net result
€-34k▼ 20.6%
2023 · €-28k
2023: €-28k
2023 → 2024
Working capital
€-40k▼ 3,226%
2023 · €-1k
2023: €-1k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€16k-€-20k
Operating result€-25k-€-25k▲ 0.9%
Net result€-28k-€-34k▼ 20.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €25k in 2024 against €25k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €304k
Fixed assets
€280k▼ 5.9%
Current assets
€24k▼ 45.3%
Key figures and ratios
EBITDA
€23k▲
2023 · €687
Cash flow
€15k▲
2023 · €-2k
Solvency
-6.6%▼
2023 · 4.6%
Current ratio
0.37▼
2023 · 0.97
Quick ratio
0.09▼
2023 · 0.56
Debt / equity
-16.04▼
2023 · 20.77
ROA
-11.2%▼
2023 · -8.2%
Interest coverage
2.15▲
2023 · 0.10
Debt
€324k▼
2023 · €326k
Debt ≤ 1 year
€64k▲
2023 · €45k
Debt > 1 year
€260k▼
2023 · €281k
Staff costs
€63k▲
2023 · €43k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€342k€304k▼
Formation expenses20€1k-
Fixed assets21/28€297k€280k▼
Tangible fixed assets22/27€297k€280k▼
Plant, machinery and equipment23€107k€86k▼
Furniture and vehicles24€3k€4k▲
Other tangible fixed assets26€187k€190k▲
Current assets29/58€44k€24k▼
Stocks and contracts in progress3€19k€18k▼
Stocks30/36€19k€18k▼
Amounts receivable within one year40/41€2k€1k▼
Trade receivables40-€305
Other amounts receivable41€2k€985▼
Cash at bank and in hand54/58€23k€4k▼
Deferred charges and accrued income490/1-€764
Equity and liabilities
Total equity and liabilities10/49€342k€304k▼
Equity10/15€16k€-20k▼
Contributions10/11€25k€25k=
Profit (loss) carried forward14€-28k€-62k▼
Investment grants15€19k€17k▼
Amounts payable17/49€326k€324k▼
Amounts payable after more than one year17€281k€260k▼
Financial debts170/4€281k€260k▼
Amounts payable within one year42/48€45k€64k▲
Current portion of amounts payable after more than one year42€25k€36k▲
Trade debts44€11k€9k▼
Suppliers440/4€11k€9k▼
Taxes, remuneration and social security45€7k€17k▲
Taxes450/3€532€4k▲
Remuneration and social security454/9€7k€13k▲
Other amounts payable47/48€837€1k▲
Accrued charges and deferred income492/3€330€446▲
Income statement
Code20232024
Remuneration, social security and pensions62€43k€63k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€48k▲
Other operating charges640/8€3k€1k▼
Gross operating margin9900€47k€88k▲
Operating profit (loss)9901€-25k€-25k▲
Financial income75/76B€4k€2k▼
Recurring financial income75€4k€2k▼
Financial charges65/66B€7k€11k▲
Recurring financial charges65€7k€11k▲
Profit (loss) for the period before taxes9903€-28k€-34k▼
Profit (loss) for the period9904€-28k€-34k▼
Profit (loss) for the period to be appropriated9905€-28k€-34k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-28k€-62k▼
Profit (loss) brought forward from the previous period14P-€-28k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 85 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
NBB filing
Directors · office · real estate
Directors
2 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, Tongeren-Borgloon · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Grote Markt 103700 Tongeren-BorgloonGround area
239 m²
Building footprint
202 m²
Volume, LiDAR
2,297 m³
Parcel 73083C0400/00P000, Flanders · tallest building 18.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Peter Pan
since 20232.343.626.896
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73083C0400/00P000 | Flanders | 239 m² | 1 · 202 m² | 18.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteTongeren-Borgloon2.343.626.896
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FORCO COMPAGNIE
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RESTAURANT BEGIJNHOF
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Of 20,506 companies in sector 56111 we hold annual accounts for 11,453. 8,263 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-04-2023
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
82300Organisation of conventions and trade shows
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.