CHAVEE
ActiveSummary
The annual accounts of CHAVEE for fiscal year 2025 show a net loss of 56% of total assets and of 63% of the equity at the start of that year. The 2025 annual accounts show equity of €14k and a net result of €-23k. Equity is shrinking by ~12.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 39% of 7500 sector peers (fiscal year 2025). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency59▲+3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 14.05 against 2.9 in 2024; short-term debt: 6.4% and cash: 4.4% of total assets), but 66.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% 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 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 2025Solvency, return and age of the figures
Solvency
33.8%
Return on assets
-56.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-23k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
13 d early
2023
12 d early
2022
31 d late
2021
284 d late
2020
31 d late
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€14k▼ 62.6%
2024 · €37k
2019: €85k
2020: €76k▼ -10.6% vs 2019
2021: €94k▲ +23.4% vs 2020
2022: €67k▼ -28.3% vs 2021
2023: €100k▲ +48.9% vs 2022highest in 7 years
2024: €37k▼ -63.0% vs 2023
2025: €14k▼ -62.6% vs 2024lowest in 7 years
2019 → 2025
Total assets
€41k▼ 66.1%
2024 · €121k
2019: €658khighest in 7 years
2020: €464k▼ -29.5% vs 2019
2021: €197k▼ -57.5% vs 2020
2022: €158k▼ -20.1% vs 2021
2023: €182k▲ +15.3% vs 2022
2024: €121k▼ -33.7% vs 2023
2025: €41k▼ -66.1% vs 2024lowest in 7 years
2019 → 2025
Net result
€-23k▲ 46.0%
2024 · €-43k
2019: €-51klowest in 7 years
2020: €-9k▲ +82.3% vs 2019
2021: €18k▲ +297% vs 2020
2022: €-27k▼ -249% vs 2021
2023: €61k▲ +332% vs 2022highest in 7 years
2024: €-43k▼ -170% vs 2023
2025: €-23k▲ +46.0% vs 2024
2019 → 2025
Working capital
€34k▼ 49.4%
2024 · €68k
2019: €112khighest in 7 years
2020: €-121k▼ -207% vs 2019lowest in 7 years
2021: €84k▲ +170% vs 2020
2022: €56k▼ -33.6% vs 2021
2023: €61k▲ +9.3% vs 2022
2024: €68k▲ +11.4% vs 2023
2025: €34k▼ -49.4% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€94k-€67k▼ 28.3%€100k▲ 48.9%€37k▼ 63.0%€14k▼ 62.6%
2021: €94k
2022: €67k▼ -28.3% vs 2021
2023: €100k▲ +48.9% vs 2022highest in 5 years
2024: €37k▼ -63.0% vs 2023
2025: €14k▼ -62.6% vs 2024lowest in 5 years
Operating result€21k-€-25k€71k€-42k€-23k▲ 45.2%
2021: €21k
2022: €-25k▼ -216% vs 2021
2023: €71k▲ +385% vs 2022highest in 5 years
2024: €-42k▼ -159% vs 2023lowest in 5 years
2025: €-23k▲ +45.2% vs 2024
Net result€18k-€-27k€61k€-43k€-23k▲ 46.0%
2021: €18k
2022: €-27k▼ -249% vs 2021
2023: €61k▲ +332% vs 2022highest in 5 years
2024: €-43k▼ -170% vs 2023lowest in 5 years
2025: €-23k▲ +46.0% vs 2024
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 €23k in 2025 against €42k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €41k
Fixed assets
€4k ▼ 76.9%
Current assets
€37k ▼ 64.3%
Equity and liabilities €41k
Equity
€14k ▼ 62.6%
Provisions
€25k ▼ 41.7%
Debt
€3k ▼ 93.7%
Debt's share of the balance-sheet total falls from 34.6% to 6.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-23k▲
2024 · €-34k
Cash flow
€-23k▲
2024 · €-35k
Current ratio
14.05▲
2024 · 2.90
Debt to equity
0.19▼
2024 · 1.13
ROE
-167.2%▼
2024 · -115.9%
ROA
-56.4%▼
2024 · -35.5%
Interest coverage
-34.48▲
2024 · -35.45
Debt ≤ 1 year
€3k▼
2024 · €36k
Debt > 1 year
€0▼
2024 · €6k
Income taxes
€-3▼
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€121k€41k▼
Fixed assets21/28€17k€4k▼
Tangible fixed assets22/27€17k€4k▼
Land and buildings22€4k€4k▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€13k€0▼
Current assets29/58€104k€37k▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€77k€35k▼
Trade receivables40€72k€26k▼
Other amounts receivable41€5k€10k▲
Cash at bank and in hand54/58€26k€2k▼
Deferred charges and accrued income490/1€1k€0▼
Equity and liabilities
Total equity and liabilities10/49€121k€41k▼
Equity10/15€37k€14k▼
Contributions10/11€19k€19k=
Reserves13€56k€56k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€54k€54k=
Profit (loss) carried forward14€-38k€-61k▼
Provisions and deferred taxes16€42k€25k▼
Provisions for liabilities and charges160/5€42k€25k▼
Environmental obligations163€42k-
Other liabilities and charges164/5-€25k
Amounts payable17/49€42k€3k▼
Amounts payable after more than one year17€6k€0▼
Financial debts170/4€6k€0▼
Amounts payable within one year42/48€36k€3k▼
Current portion of amounts payable after more than one year42€8k€0▼
Trade debts44€12k€3k▼
Suppliers440/4€12k€3k▼
Taxes, remuneration and social security45€15k€11▼
Taxes450/3€15k€11▼
Remuneration and social security454/9€0-
Other amounts payable47/48€886€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€221▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€42k€2k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€10k€-19k▼
Operating profit (loss)9901€-42k€-23k▲
Financial income75/76B€367€696▲
Recurring financial income75€367€696▲
Financial charges65/66B€970€665▼
Recurring financial charges65€970€665▼
Profit (loss) for the period before taxes9903€-43k€-23k▲
Income taxes67/77€0€-3▼
Profit (loss) for the period9904€-43k€-23k▲
Profit (loss) for the period to be appropriated9905€-43k€-23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-38k€-61k▼
Profit (loss) brought forward from the previous period14P€5k€-38k▼
Transfer from equity791/2€25k€0▼
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€25k€0▼
Return on contributions (dividend)694€25k€0▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32k | €24k | €20k | €8k | €221 | ▼ 97.2% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €42k | €2k | ▼ 94.1% |
| Other operating charges640/8 | €6k | €4k | €2k | €2k | €2k | ▼ 1.2% |
| Gross operating margin9900 | €60k | €4k | €93k | €10k | €-19k | ▼ 293% |
| Operating profit (loss)9901 | €21k | €-25k | €71k | €-42k | €-23k | ▲ 45.2% |
| Financial income75/76B | €48 | €128 | €225 | €367 | €696 | ▲ 89.7% |
| Recurring financial income75 | €48 | €128 | €225 | €367 | €696 | ▲ 89.7% |
| Financial charges65/66B | €2k | €2k | €1k | €970 | €665 | ▼ 31.4% |
| Recurring financial charges65 | €2k | €2k | €1k | €970 | €665 | ▼ 31.4% |
| Profit (loss) for the period before taxes9903 | €20k | €-27k | €70k | €-43k | €-23k | ▲ 46.0% |
| Income taxes67/77 | €2k | €0 | €8k | €0 | €-3 | - |
| Profit (loss) for the period9904 | €18k | €-27k | €61k | €-43k | €-23k | ▲ 46.0% |
| Profit (loss) for the period to be appropriated9905 | €18k | €-27k | €61k | €-43k | €-23k | ▲ 46.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €197k | €158k | €182k | €121k | €41k | ▼ 66.1% |
| Fixed assets21/28 | €61k | €40k | €52k | €17k | €4k | ▼ 76.9% |
| Tangible fixed assets22/27 | €61k | €40k | €52k | €17k | €4k | ▼ 76.9% |
| Land and buildings22 | €0 | - | €4k | €4k | €4k | ▼ 5.4% |
| Plant, machinery and equipment23 | €843 | €281 | €12k | €0 | - | - |
| Furniture and vehicles24 | €38k | €32k | €36k | €13k | €0 | ▼ 100% |
| Leasing and similar rights25 | €22k | €7k | €0 | - | - | - |
| Current assets29/58 | €137k | €118k | €130k | €104k | €37k | ▼ 64.3% |
| Stocks and contracts in progress3 | €360 | €2k | €1k | €0 | - | - |
| Stocks30/36 | €360 | €2k | €1k | €0 | - | - |
| Amounts receivable within one year40/41 | €77k | €88k | €59k | €77k | €35k | ▼ 54.1% |
| Trade receivables40 | €65k | €71k | €52k | €72k | €26k | ▼ 64.1% |
| Other amounts receivable41 | €12k | €17k | €6k | €5k | €10k | ▲ 88.2% |
| Cash at bank and in hand54/58 | €56k | €23k | €67k | €26k | €2k | ▼ 93.0% |
| Deferred charges and accrued income490/1 | €3k | €5k | €2k | €1k | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €197k | €158k | €182k | €121k | €41k | ▼ 66.1% |
| Equity10/15 | €94k | €67k | €100k | €37k | €14k | ▼ 62.6% |
| Contributions10/11 | €14k | €14k | €14k | €19k | €19k | = |
| Reserves13 | €20k | €20k | €81k | €56k | €56k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €18k | €18k | €79k | €54k | €54k | = |
| Profit (loss) carried forward14 | €60k | €34k | €5k | €-38k | €-61k | ▼ 61.5% |
| Provisions and deferred taxes16 | - | - | - | €42k | €25k | ▼ 41.7% |
| Provisions for liabilities and charges160/5 | - | - | - | €42k | €25k | ▼ 41.7% |
| Environmental obligations163 | - | - | - | €42k | - | - |
| Other liabilities and charges164/5 | - | - | - | - | €25k | - |
| Amounts payable17/49 | €104k | €91k | €82k | €42k | €3k | ▼ 93.7% |
| Amounts payable after more than one year17 | €51k | €29k | €14k | €6k | €0 | ▼ 100% |
| Financial debts170/4 | €51k | €29k | €14k | €6k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €53k | €62k | €68k | €36k | €3k | ▼ 92.6% |
| Current portion of amounts payable after more than one year42 | €22k | €22k | €15k | €8k | €0 | ▼ 100% |
| Trade debts44 | €11k | €22k | €17k | €12k | €3k | ▼ 78.8% |
| Suppliers440/4 | €11k | €22k | €17k | €12k | €3k | ▼ 78.8% |
| Taxes, remuneration and social security45 | €19k | €13k | €8k | €15k | €11 | ▼ 99.9% |
| Taxes450/3 | €19k | €13k | €7k | €15k | €11 | ▼ 99.9% |
| Remuneration and social security454/9 | - | - | €1k | €0 | - | - |
| Other amounts payable47/48 | €1k | €4k | €29k | €886 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18k | €-27k | €61k | €-43k | €-23k | ▲ 46.0% |
| + Depreciation and write-downs630 | €32k | €24k | €20k | €8k | €221 | ▼ 97.2% |
| Operating cash flow (approximation) | €50k | €-2k | €81k | €-35k | €-23k | ▲ 34.5% |
| Investment in fixed assets (approximation) | - | €-4k | €-32k | €28k | €13k | ▼ 54.0% |
| Change in cash | - | €-33k | €44k | €-42k | €-24k | ▲ 42.8% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Liquidity times 5current ratio 14.05
Current ratio from 2.90 to 14.05; short-term debt falls from €36k to €3k.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €61k
Net result €61k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
11-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 284 days late
2021
31-12
Financial
Back to profitnet €18k
Net result €18k after 2 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 2.59
Current ratio from 0.66 to 2.59; short-term debt falls from €352k to €53k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2018
29-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
27-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, La Bruyère · 1 establishment unit since 1996
Ground area
1,600 m²
Building footprint
468 m²
Volume, LiDAR
1,216 m³
2 parcels, Wallonia · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Cinquième génération Chavée
since 19962.078.962.891
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92031A0065/00W003 | Wallonia | 1,317 m² | 1 · 182 m² | 9.1 m · 2 fl. |
| 92131A0244/00R000 | Wallonia | 284 m² | 1 · 285 m² | - |
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.
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 10,429 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-07-1996
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
02200Logging
43211General electrical installation work
43410Roofing work
Scores and ratios are computed by Checked and are not a credit decision.