CHAVA
ActiveSummary
CHAVA has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €1.0m. Equity remains stable across the filed fiscal years (±0.7% per year). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability96▲+83
Solvency57▲+19
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110,000 at 30 days acceptable
Liquidity tight (current ratio 1.18 against 0.03 in 2024; short-term debt: 30.9% and cash: 35.7% of total assets), and 68.3% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
31.7%
Return on assets
22%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.5m
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
31 d late
2022
30 d late
2021
30 d late
2020
1 d early
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 17 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€1.5m▲ 227%
2024 · €456,426
Total assets
€4.7m▲ 38.4%
2024 · €3.4m
Net result
€1.0m
2024 · -€145,433
Working capital
€261,934
2024 · -€1.2m
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
Line20212022202320242025
Operating result-€146,643-€69,354▲ 52.7%-€145,559▼ 110%-€122,947▲ 15.5%€1.3m
Net result-€146,805-€66,087▲ 55.0%-€143,971▼ 118%-€145,433▼ 1.0%€1.0m
Equity€788,951▼ 14.3%€722,863▼ 8.4%€601,859▼ 16.7%€456,426▼ 24.2%€1.5m▲ 227%
Total assets€3.9m▲ 32.6%€3.8m▼ 4.2%€3.6m▼ 4.1%€3.4m▼ 5.7%€4.7m▲ 38.4%
Debt€3.0m▲ 49.4%€2.9m▼ 3.2%€2.9m▼ 0.3%€2.9m▼ 2.0%€3.2m▲ 9.5%
Working capital-€1.0m▼ 488%-€926,465▲ 9.5%-€1.1m▼ 16.6%-€1.2m▼ 6.5%€261,934
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2025 Equity +227% on 2024. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €1.3m after a loss of €122,947 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.7m
Fixed assets
€3.0m ▼ 11.3%
Current assets
€1.7m ▲ 5,519%
Equity and liabilities €4.7m
Equity
€1.5m ▲ 227%
Provisions
€56,545 ▼ 4.2%
Debt
€3.2m ▲ 9.5%
Debt's share of the balance-sheet total falls from 84.8% to 67.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.4m▲
2024 · -€45,304
Cash flow
€1.1m▲
2024 · -€67,790
Current ratio
1.18▲
2024 · 0.03
Debt to equity
2.12▼
2024 · 6.31
ROE
69.4%▲
2024 · -31.9%
ROA
22.0%▲
2024 · -4.3%
Interest coverage
5293.64▲
2024 · -184.15
Debt ≤ 1 year
€1.5m▲
2024 · €1.2m
Debt > 1 year
€1.7m=
2024 · €1.7m
Income taxes
€263,429▲
2024 · €24,698
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,792 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.6% 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%.
| 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 17,792 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1.4m | - |
| Remuneration, social security and pensions62 | €20,080 | -€2,275 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €130,422 | €142,057 | €89,470 | €77,643 | €77,352 | ▼ 0.4% |
| Other operating charges640/8 | €8,047 | €6,442 | €7,693 | €26,129 | €8,596 | ▼ 67.1% |
| Gross operating margin9900 | €11,907 | €76,871 | -€48,397 | -€19,175 | €1.4m | ▲ 7,304% |
| Operating profit (loss)9901 | -€146,643 | -€69,354 | -€145,559 | -€122,947 | €1.3m | ▲ 1,154% |
| Financial income75/76B | €172 | - | €2,506 | - | - | - |
| Recurring financial income75 | €172 | - | €2,506 | - | - | - |
| Non-recurring financial income76B | - | - | €2,506 | - | - | - |
| Financial charges65/66B | €334 | €77 | €3,207 | €246 | €259 | ▲ 5.4% |
| Recurring financial charges65 | €334 | €77 | €129 | €246 | €259 | ▲ 5.4% |
| Non-recurring financial charges66B | - | - | €3,078 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€146,805 | -€69,431 | -€146,260 | -€123,193 | €1.3m | ▲ 1,151% |
| Transfer from deferred taxes780 | - | €3,344 | €2,458 | €2,458 | €2,458 | = |
| Income taxes67/77 | - | - | €169 | €24,698 | €263,429 | ▲ 967% |
| Profit (loss) for the period9904 | -€146,805 | -€66,087 | -€143,971 | -€145,433 | €1.0m | ▲ 811% |
| Transfer from tax-exempt reserves789 | - | €6,490 | €10,031 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€146,805 | -€59,597 | -€133,940 | -€145,433 | €1.0m | ▲ 811% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.9m | €3.8m | €3.6m | €3.4m | €4.7m | ▲ 38.4% |
| Formation expenses20 | - | - | - | €0 | €0 | - |
| Fixed assets21/28 | €3.6m | €3.4m | €3.4m | €3.4m | €3.0m | ▼ 11.3% |
| Tangible fixed assets22/27 | €3.5m | €3.4m | €3.4m | €3.4m | €3.0m | ▼ 11.3% |
| Land and buildings22 | €3.2m | €3.1m | €3.1m | €3.1m | €2.9m | ▼ 5.5% |
| Plant, machinery and equipment23 | €292,618 | €260,247 | €241,944 | €208,225 | €14,262 | ▼ 93.2% |
| Furniture and vehicles24 | €52,302 | €31,366 | €62,463 | €47,933 | €32,946 | ▼ 31.3% |
| Other tangible fixed assets26 | €14,277 | €14,277 | - | - | - | - |
| Financial fixed assets28 | €60,000 | - | - | - | - | - |
| Current assets29/58 | €320,420 | €321,666 | €159,305 | €30,548 | €1.7m | ▲ 5,519% |
| Amounts receivable within one year40/41 | €5,364 | €34,893 | €1,425 | €3,384 | €21,135 | ▲ 524% |
| Trade receivables40 | €3,949 | - | - | €3,384 | €21,135 | ▲ 524% |
| Other amounts receivable41 | €1,416 | €34,893 | €1,425 | - | - | - |
| Current investments50/53 | - | - | €14,277 | €14,277 | €14,277 | = |
| Cash at bank and in hand54/58 | €315,055 | €286,726 | €140,982 | €9,738 | €1.7m | ▲ 17,142% |
| Deferred charges and accrued income490/1 | - | €48 | €2,620 | €3,149 | €2,027 | ▼ 35.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.9m | €3.8m | €3.6m | €3.4m | €4.7m | ▲ 38.4% |
| Equity10/15 | €788,951 | €722,863 | €601,859 | €456,426 | €1.5m | ▲ 227% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €818,513 | €812,022 | €812,711 | €812,711 | €1.4m | ▲ 75.8% |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | €178,995 | €172,505 | €7,539 | €7,539 | €7,539 | = |
| Distributable reserves133 | €633,317 | €633,317 | €798,972 | €798,972 | €1.4m | ▲ 77.1% |
| Profit (loss) carried forward14 | -€91,562 | -€151,159 | -€272,852 | -€418,285 | - | - |
| Provisions and deferred taxes16 | €90,275 | €86,932 | €61,462 | €59,004 | €56,545 | ▼ 4.2% |
| Deferred taxes168 | €90,275 | €86,932 | €61,462 | €59,004 | €56,545 | ▼ 4.2% |
| Amounts payable17/49 | €3.0m | €2.9m | €2.9m | €2.9m | €3.2m | ▲ 9.5% |
| Amounts payable after more than one year17 | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Financial debts170/4 | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Amounts payable within one year42/48 | €1.3m | €1.2m | €1.2m | €1.2m | €1.5m | ▲ 23.1% |
| Trade debts44 | €30,851 | €1,139 | €11,785 | €673 | €876 | ▲ 30.1% |
| Suppliers440/4 | €30,851 | €1,139 | €11,785 | €673 | €876 | ▲ 30.1% |
| Taxes, remuneration and social security45 | €1,412 | €2,723 | €169 | €211 | €261,780 | ▲ 124,220% |
| Taxes450/3 | €207 | €2,723 | €169 | €211 | €261,780 | ▲ 124,220% |
| Remuneration and social security454/9 | €1,205 | - | - | - | - | - |
| Other amounts payable47/48 | €1.3m | €1.2m | €1.2m | €1.2m | €1.2m | ▲ 1.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€146,805 | -€66,087 | -€143,971 | -€145,433 | €1.0m | ▲ 811% |
| + Depreciation and write-downs630 | €130,422 | €142,057 | €89,470 | €77,643 | €77,352 | ▼ 0.4% |
| Operating cash flow (approximation) | -€16,382 | €75,969 | -€54,501 | -€67,790 | €1.1m | ▲ 1,740% |
| Investment in fixed assets (approximation) | - | €25,126 | -€96,933 | €0 | €303,475 | - |
| Change in cash | - | -€28,330 | -€145,743 | -€131,244 | €1.7m | ▲ 1,372% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €1.0m
Net result €1.0m after 4 loss-making years.
30-09
Financial
Liquidity times 46current ratio 1.18
Current ratio from 0.03 to 1.18.
30-09
Financial
Equity above €1mEq €1.5m ▲227%
Equity rises from €456,426 to €1.5m.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-09
Financial
Weakest financial yearnet -€146,805
Net result drops to -€146,805, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
30-09
Financial
Liquidity times 5current ratio 3.31
Current ratio from 0.66 to 3.31.
Show earlier events
30-09
Financial
Equity above €500,000Eq €882,813 ▲362%
2 profitable years in a row build equity to €882,813.
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
7 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, Gent · 1 establishment unit since 2008
Ground area
1,640 m²
Building footprint
712 m²
Volume, LiDAR
5,263 m³
2 parcels, Flanders · tallest building 14.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CHAVA NV
since 20082.168.428.268
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41034F0623/00B000 | Flanders | 915 m² | 1 · 444 m² | 12.6 m · 2 fl. |
| 44804D3670/00A004 | Flanders | 725 m² | 1 · 268 m² | 14.8 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
2 holdingsOwners 0
The accounts to 30-09-2021 list no shareholders, and no other source names one.
Holdings 2
-
99.86%
-
78.13%
According to the annual accounts to 30-09-2021 of CHAVA and those 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.
Identification & contact
Identification
Legal formPublic limited company
Founded05-10-2007
Fiscal year end30-09
E-invoicing
Reachable via Peppol
Peppol ID
0208:0892580340
Registered
16-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.