Equity
€4.5m ▲ 36.7%
CHEESE VENTURES has made a profit without a break since 2021.
CHEESE VENTURES
Lifetime
10 annual accounts with figures on one time axispeak €1.0m (2023)
€478,970▲ 18.8%
lowest -€7.3m (2017)
€1.2m▲ 720%
peak €4.5m (2025)
€4.5m▲ 36.7%
€3.3m▼ 21.0%
peak 0 FTE (2023)
-not published
Board5 names since 2023
4 directorsAllgraph and 3 others
Owners
Documentsfilings and deeds
22-07-20269 days before the deadline
2025abbreviated format
Gross margin from €403,276 to €478,970Result from €148,942 to €1.2mEquity from €3.3m to €4.5mDebts from €4.2m to €3.3mCash from €179,468 to €406,233
Key points
from the 2025 annual accountsResult
€1.2m ▲ 720%
The result rose in 2025: different schema filed.
Turnover
≈ €630,000 estimated
The accounts state no turnover.
Liquidity
7.38 was 2.97 in 2024
Short-term debts fell from €166,616 to €113,845.
Filings
10 annual accounts 4 late
The 2021 accounts came latest: 53 days after the end of the period.
Position in the sector
€1.2m
Higher net result than 95% of companies in financial services. Sector median €51,427 · 6,709 companies.
Financial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
2 signals, none raises the risk
Two signals.
lowers riskneutral
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 €4.5m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 days early
2024
14 days early
2023
30 days late
2022
22 days late
2021
53 days late
2020
5 days late
2019
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 12 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 August (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- NexT Invest 99.9%score 95equity €16.6m (2025) · annual accounts 2017
- Erwin De Keyser 0.03%annual accounts 2017
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0643877684
New managing director
Allgraph BV appointed, Koen DEHANDSCHUTTER resigned · Permanent representative: Koen DEHANDSCHUTTER · General meeting of 02-02-2024 · Gazette deed
Registered office moved from Galmaarden to Vollezele
New registered office: Heystraat 11, 1570 Vollezele · Previous registered office: Winterkeer 16, 1570 Galmaarden · Change of role: DEHANDSCHUTTER Koen Wannes, from director to managing director · General meeting of 20-10-2023 · Gazette deed
Merger: CHEESE VENTURES takes over CHEESE HOLDING
The company holds all the shares of CHEESE HOLDING · General meeting of 30-05-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CHEESE VENTURES Pajottegem | €7.8m | €478,970 | 58.0% | - |
| Gilico Brecht | €8.2m | €450,416 | 58.6% | 0 |
| Nikè Zulte | €7.4m | €538,566 | 56.7% | - |
| Clever Roeselare | €7.7m | €537,033 | 49.9% | - |
| BILL BOY GROUP Maasmechelen | €8.6m | €430,943 | 93.3% | 3 |
| DECONTEX HOLDING Tielt | €7.9m | €416,519 | 21.9% | - |
| DE VOORTGANG Kluisbergen | €7.6m | €464,156 | 65.4% | - |
These companies have the same main activity as CHEESE VENTURES: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €7.4m and €8.6m, founded between 2014 and 2016.
Official details
Source: KBO- Status
- Active since 05-12-2015Normal situation
- Activity
- Activities of holding companiesNACE 64210and 1 other
- Establishment unit
- 2.248.114.3621570 Pajottegem, since 05-12-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 12-02-2025
Annual accounts 2025
- €7.8m▲ 4.6%
- Filing
- Filed on 22-07-2026, 9 days before the end of the filing period
Insights on CHEESE VENTURES
CHEESE VENTURES files the abbreviated format. That format states no turnover. The gross margin rose from -€297,392 in 2016 to €478,970 in 2025.
In June 2024, the Official Gazette published the appointment of Allgraph as managing director.
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 CHEESE VENTURES
- What is the company number of CHEESE VENTURES?
- The company number of CHEESE VENTURES is 0643.877.684. The VAT number is the same number with BE in front: BE 0643.877.684.
- Where is CHEESE VENTURES based?
- The registered office is at Heystraat 11, 1570 Pajottegem.Company details
- What does CHEESE VENTURES do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of CHEESE VENTURES?
- CHEESE VENTURES is a public limited company (NV).
- When was CHEESE VENTURES founded?
- CHEESE VENTURES was founded on 05-12-2015.
- Is CHEESE VENTURES still active?
- Yes, CHEESE VENTURES is an active enterprise in the KBO register.
- What is the turnover of CHEESE VENTURES?
- The turnover in financial year 2025 is ≈ €630,000. This figure is estimated from the gross margin of €478,970 and 34 comparable companies (NACE 64210). It probably lies between €520,000 and €990,000.Financials
- Is CHEESE VENTURES profitable?
- In financial year 2025, CHEESE VENTURES made a profit of €1.2m.
- Where can I find the annual accounts of CHEESE VENTURES?
- CHEESE VENTURES filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CHEESE VENTURES due?
- CHEESE VENTURES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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