CHAZAL HOLD
ActiveThe computed 12-month bankruptcy probability of CHAZAL HOLD is 2.2% (moderate). The 2025 annual accounts show equity of €1.99M and a net result of €1.64M. Its solvency ranks better than 24% of 4123 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
78
/ 100
Excellent▲ +33 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▲+51
Solvency30▲+15
Growth85
Stability82
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days only on tighter terms
Liquidity tight (current ratio 1.42 against 1.07 in 2024), and 85.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
14.2%
Return on assets
11.7%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 4123 sector peers (2025).
NBB · sector comparisonPosition among 4123 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-08-2026, 22 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
22 d late
2024
387 d late
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€40.34M▲ 53.9%
2024 · €26.21M
2024: €26.21M
2024 → 2025
EBIT margin
6.5%▲ 6.2pp
2024 · 0.3%
2024: 0.3%
2024 → 2025
Net result
€1.64M
2024 · €-153k
2024: €-153k
2024 → 2025
Working capital
€1.89M▲ 701%
2024 · €236k
2024: €236k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Turnover€26.21M-€40.34M▲ 53.9%
Equity€347k-€1.99M▲ 474%
Operating result€73k-€2.62M▲ 3,474%
Net result€-153k-€1.64M
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 3,474% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13.99M
Fixed assets
€7.58M▼ 8.8%
Current assets
€6.41M▲ 68.8%
Equity and liabilities €13.99M
Equity
€1.99M▲ 474%
Debt
€12.00M▲ 2.0%
The debt ratio falls from 97.1% to 85.8%: equity grows faster than debt.
Key figures and ratios
EBITDA
€3.64M▲
2024 · €758k
Cash flow
€2.66M▲
2024 · €531k
Solvency
14.2%▲
2024 · 2.9%
Current ratio
1.42▲
2024 · 1.07
Quick ratio
1.18▲
2024 · 0.88
Debt / equity
6.03▼
2024 · 33.94
ROE
82.6%▲
2024 · -44.2%
ROA
11.7%▲
2024 · -1.3%
Interest coverage
11.03▲
2024 · 3.31
Debt
€12.00M▲
2024 · €11.77M
Debt ≤ 1 year
€4.52M▲
2024 · €3.56M
Debt > 1 year
€7.07M▼
2024 · €7.94M
Income taxes
€541k▲
2024 · €58
Staff costs
€3.49M▲
2024 · €3.24M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€12.11M€13.99M▲
Fixed assets21/28€8.32M€7.58M▼
Intangible fixed assets21€8.32M€7.32M▼
Tangible fixed assets22/27-€264k
Plant, machinery and equipment23-€121k
Furniture and vehicles24-€3k
Other tangible fixed assets26-€21k
Assets under construction and advance payments27-€119k
Financial fixed assets28€185€185=
Other financial fixed assets284/8€185€185=
Amounts receivable and cash guarantees285/8€185€185=
Current assets29/58€3.80M€6.41M▲
Stocks and contracts in progress3€664k€1.08M▲
Stocks30/36€664k€1.08M▲
Goods purchased for resale34€664k€1.08M▲
Amounts receivable within one year40/41€146k€228k▲
Trade receivables40€61k€225k▲
Other amounts receivable41€85k€3k▼
Cash at bank and in hand54/58€2.97M€5.09M▲
Deferred charges and accrued income490/1€14k€5k▼
Equity and liabilities
Total equity and liabilities10/49€12.11M€13.99M▲
Equity10/15€347k€1.99M▲
Contributions10/11€500k€500k=
Capital10€500k€500k=
Issued capital100€500k€500k=
Reserves13-€50k
Non-distributable reserves130/1-€50k
Legal reserve130-€50k
Profit (loss) carried forward14€-153k€1.44M▲
Amounts payable17/49€11.77M€12.00M▲
Amounts payable after more than one year17€7.94M€7.07M▼
Financial debts170/4€7.94M€7.07M▼
Subordinated loans170€900k€900k=
Credit institutions173€5.04M€4.17M▼
Other loans174€2.00M€2.00M=
Amounts payable within one year42/48€3.56M€4.52M▲
Current portion of amounts payable after more than one year42€559k€867k▲
Trade debts44€2.47M€3.03M▲
Suppliers440/4€2.47M€3.03M▲
Taxes, remuneration and social security45€525k€612k▲
Taxes450/3€95k€215k▲
Remuneration and social security454/9€430k€397k▼
Other amounts payable47/48€7k€7k=
Accrued charges and deferred income492/3€264k€408k▲
Income statement
Code20242025
Operating income70/76A€27.01M€40.90M▲
Turnover70€26.21M€40.34M▲
Other operating income74€792k€556k▼
Operating charges60/66A€26.93M€38.27M▲
Goods for resale, raw materials and consumables60€21.53M€30.56M▲
Purchases600/8€22.19M€30.98M▲
Change in stocks: decrease (increase)609€-664k€-424k▲
Services and other goods61€1.47M€2.97M▲
Remuneration, social security and pensions62€3.24M€3.49M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€684k€1.01M▲
Other operating charges640/8€6k€222k▲
Non-recurring operating charges66A-€13k
Operating profit (loss)9901€73k€2.62M▲
Financial income75/76B€5k-
Recurring financial income75€5k-
Other financial income752/9€5k-
Financial charges65/66B€232k€440k▲
Recurring financial charges65€232k€440k▲
Debt charges650€229k€330k▲
Other financial charges652/9€3k€110k▲
Profit (loss) for the period before taxes9903€-153k€2.18M▲
Income taxes67/77€58€541k▲
Taxes670/3€58€541k▲
Profit (loss) for the period9904€-153k€1.64M▲
Profit (loss) for the period to be appropriated9905€-153k€1.64M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-153k€1.49M▲
Profit (loss) brought forward from the previous period14P-€-153k
Transfer to equity691/2-€50k
To the legal reserve6920-€50k
Social balance
Average headcount (FTE)9087103.696.5▼
The notes to these accounts (62 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 22 days late
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 387 days late
2025
31-12
Financial
Back to profitnet €1.64M
Net result €1.64M after one loss-making year.
31-12
Financial
Equity above €1MEq €1.99M ▲474%
Equity rises from €347k to €1.99M.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Schaarbeek · 1 establishment unit since 2024
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.
Léon Mahillonlaan 221030 SchaarbeekGround area
7,167 m²
Building footprint
3,753 m²
Volume, LiDAR
29,295 m³
Parcel 21905C0056/00N000, Brussels · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Chazal Hold
since 20242.357.919.649
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21905C0056/00N000 | Brussels | 7,167 m² | 1 · 3,753 m² | 11.9 m · 3 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 siteSchaarbeek2.357.919.649
Similar companies · same sector, comparable size
DE PRINS RETAIL
BE 0400.638.803
Halle · Eq €1.99M
savedis
BE 0660.945.825
Durbuy · Eq €1.98M
Kieskeur
BE 0414.804.959
Oostkamp · Eq €1.98M
MARCO
BE 0454.270.893
Ingelmunster · Eq €1.97M
VINOCOL
BE 0760.300.252
Frasnes-lez-Anvaing · Eq €2.01M
Of 10,409 companies in sector 47110 we hold annual accounts for 5,787. 1,501 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-02-2024
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47114Supermarkets
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:m.ahitaf@rsmbelgium.be
Phone:0488918322