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CHAVEE

Active Private limited companyfounded 1996active for 30 yearsRue des Ecoles, V.-lez-Heest 7, 5080 La BruyèreKBO/BCE: BE 0458.543.546 #6 oldest company in La Bruyère, Construction sector

Lifetime

20 annual accounts with figures on one time axis, 28 filings since 1997
peak €223,049 (2018)
-€18,545▼ €28,170
lowest -€50,866 (2019)
-€23,128▲ €19,709
peak €135,677 (2018)
€13,831▼ 62.6%
€2,638▼ 93.7%
peak 2 FTE (2015)
-not published
Board2 names since 2019
2 directors and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €9,625 to -€18,545Loss of €23,128Equity from €36,959 to €13,831Debts from €41,751 to €2,638Cash from €25,586 to €1,796

Key points

from the 2025 annual accounts

Equity

€13,831 from €135,677 in 2018

Equity fell by 90% in 7 years.

Losses

-€65,965 in two years
-42,8372024-23,1282025

The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.

Liquidity

14.05 was 2.90 in 2024

Short-term debts fell from €35,830 to €2,638.

2025 accounts filed 31 days after the deadlineTurnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,843 companies had the same profile as CHAVEE has now. Each dot stands for 15 companies, two years later.

84.3%
were still trading
13.6%
stopped another way
1.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 5,843 companies, not a prediction for CHAVEE. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 06-06-2019
Director, since 06-06-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0458543546
Company renamed from CINQUIEME GENERATION CHAVEE to CHAVEE Changes of role: (director) and (director) · “Toutes opérations d’entretien et de réparation général d’automobiles et d’autres véhicules légers (=3,5…” (deed in French) · Name clause: CHAVEE · Gazette deed
First establishment Cinquième génération Chavée, Rue du Trou du Loup 18, Namur
Incorporation published on 31-07-1996 · Gazette deed
All 43 events

Comparable companies

same main activity, similar in size and age
Company
CHAVEE La Bruyère €40,974 -€18,545 33.8% -
D.A. CONSTRUCT Sombreffe €45,653 -€4,103 -106.0% -
CLEMENT CONCEPT Namur €41,482 -€71,251 88.6% -
DITRACO Wavre €42,360 -€2,321 -1227.9% -
TCA CONSTRUCTIONS Erquelinnes €40,083 -€15,527 -30.7% -
BOUDEWIJN - SONNEVILLE Wevelgem €38,406 -€8,213 73.6% -
D'AUTRES REGARDS INTERIEURS Enghien €44,019 -€8,618 17.8% -

These companies have the same main activity as CHAVEE: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €38,400 and €45,700, founded between 1993 and 2001.

Official details

Source: KBO
Status
Active since 22-07-1996Normal situation
Activity
General construction of residential buildingsNACE 41001and 3 others
Establishment unit
2.078.962.8915020 Namur, since 06-11-1996
Financial year end
31 December
Peppol
Reachable since 13-03-2026
Company details

Annual accounts 2025

€40,974▼ 66.1%
Filing
Filed on 31-08-2026
Financials

Insights on CHAVEE

CHAVEE files the micro format. That format states no turnover. The gross margin fell from -€2,920 in 2006 to -€18,545 in 2025.

The balance sheet grew most from 2013 to 2015 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about CHAVEE

What is the company number of CHAVEE?
The company number of CHAVEE is 0458.543.546. The VAT number is the same number with BE in front: BE 0458.543.546.
Where is CHAVEE based?
The registered office is at Rue des Ecoles, V.-lez-Heest 7, 5080 La Bruyère.Company details
What does CHAVEE do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of CHAVEE?
CHAVEE is a private limited company (BV).
When was CHAVEE founded?
CHAVEE was founded on 22-07-1996.
Is CHAVEE still active?
Yes, CHAVEE is an active enterprise in the KBO register.
What is the turnover of CHAVEE?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is CHAVEE profitable?
In financial year 2025, CHAVEE made a loss of €23,128.
Where can I find the annual accounts of CHAVEE?
CHAVEE filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CHAVEE due?
CHAVEE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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