Summary
CHEFA has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €635,454 and a net result of €75,597. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 47% of 1,164 sector peers (NACE 82, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Other business support services
NACE 82990
1 site
Size
≈ €170,000turnover 2025, estimated
- Equity
- €635,454
- Profit
- €75,597
Turnover estimated from the gross margin
Financial health
Holding: outside the score modelBankruptcy probability: sector outside the model
Structure
- Holdings
- 1
- PANAHANDEH SalehehDirector
- SAGHEBDOUST MehdiDirector
2025 accounts 45 days early1 of 3 deeds summarised
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-12-2025, 45 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
45 days early
2024
44 days early
2023
43 days early
2022
41 days early
2021
40 days early
2020
48 days early
2019
43 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 43 days before the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 19 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end31-10-2026 today31-01-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
- Annual accounts filedfinancial year 2023 · full…
Financials · financial year 2025, full format
Turnover
≈ €170,000
Estimated: probably between €140,000 and €240,000
EBIT margin
Not included in this filing
Net result
€75,597▼ 40.7%
2024 · €127,436
Working capital
-€201,945▼ 120%
2024 · -€91,656
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 8% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.1m
2025
Net result€0.08m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.5m
2025
Equity€0.6m
2025
Debt€0.9m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.2m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)4.9%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency41.4%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.09
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.1m-€0.1m▲ 2.7%€0.09m▼ 32.1%€0.06m▼ 34.0%€0.09m▲ 48.5%€0.1m▲ 15.7%€0.1m▲ 8.5%
Net result€0.2m-€0.09mwithin the sector's middle half▼ 52.5%€0.05mwithin the sector's middle half▼ 36.6%€0.2mwithin the sector's middle half▲ 177%€0.2mwithin the sector's middle half▲ 9.3%€0.1mwithin the sector's middle half▼ 22.6%€0.08mwithin the sector's middle half▼ 40.7%
Equity€0.2m-€0.3mwithin the sector's middle half▲ 35.7%€0.4mwithin the sector's middle half▲ 16.7%€0.5mwithin the sector's middle half▲ 33.4%€0.6mwithin the sector's middle half▲ 16.7%€0.7mwithin the sector's middle half▲ 11.4%€0.6mwithin the sector's middle half▼ 3.7%
Total assets€1.6m-€1.6mwithin the sector's middle half▼ 0.2%€1.5mwithin the sector's middle half▼ 2.0%€1.6mwithin the sector's middle half▲ 2.6%€1.6mwithin the sector's middle half▼ 1.4%€1.6mwithin the sector's middle half▼ 0.3%€1.5mwithin the sector's middle half▼ 1.1%
Debt€1.3m-€1.2m▼ 6.7%€1.2m▼ 6.9%€1.1m▼ 7.6%€1.0m▼ 9.9%€0.9m▼ 7.5%€0.9m▲ 0.8%
Working capital-€0.08m--€0.07mbelow the sector's middle half▲ 4.0%-€0.1mbelow the sector's middle half▼ 40.1%-€0.07mbelow the sector's middle half▲ 27.2%-€0.07mbelow the sector's middle half▼ 0.1%-€0.09mbelow the sector's middle half▼ 22.3%-€0.2mbelow the sector's middle half▼ 120%
Solvency15.3%-20.8%within the sector's middle half▲ 5.5pp24.8%within the sector's middle half▲ 4.0pp32.2%within the sector's middle half▲ 7.4pp38.1%within the sector's middle half▲ 5.9pp42.6%within the sector's middle half▲ 4.5pp41.4%within the sector's middle half▼ 1.1pp
Current ratio0.30-0.33below the sector's middle half▲ 0.030.11below the sector's middle half▼ 0.220.38below the sector's middle half▲ 0.270.31below the sector's middle half▼ 0.070.27below the sector's middle half▼ 0.040.09below the sector's middle half▼ 0.18
Return on assets (ROA)11.5%-5.5%within the sector's middle half▼ 6.0pp3.5%within the sector's middle half▼ 1.9pp9.6%within the sector's middle half▲ 6.0pp10.6%above the sector's middle half▲ 1.0pp8.2%within the sector's middle half▼ 2.4pp4.9%within the sector's middle half▼ 3.3pp
Staff (FTE)0.1below the sector's middle half
above
within
below
the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.5m
Fixed assets
€1.5m ▼ 0.3%
Current assets
€20,452 ▼ 39.0%
Equity and liabilities €1.5m
Equity
€635,454 ▼ 3.7%
Debt
€897,810 ▲ 0.8%
Debt's share of the balance-sheet total rises from 57.4% to 58.6%. Equity is lower and debt is higher.
Key figures and ratios
ROE
11.9%▼
2024 · 19.3%
Debt ≤ 1 year
€222,397▲
2024 · €125,176
Debt > 1 year
€674,346▼
2024 · €764,448
Income taxes
€20,489▲
2024 · €18,579
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | -€52 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,824 | €7,222 | €7,222 | €8,928 | €10,896 | €4,338 | €4,338 | = |
| Other operating charges640/8 | - | - | - | €1,215 | €2,239 | €2,517 | €1,820 | ▼ 27.7% |
| Gross operating margin9900 | €139,013 | €138,966 | €99,497 | €68,947 | €100,517 | €107,936 | €115,799 | ▲ 7.3% |
| Operating profit (loss)9901 | €127,944 | €131,386 | €89,211 | €58,856 | €87,382 | €101,080 | €109,640 | ▲ 8.5% |
| Financial income75/76B | - | - | - | €120,000 | €110,000 | €60,000 | - | - |
| Recurring financial income75 | €100,111 | €1 | - | €120,000 | €110,000 | €60,000 | - | - |
| Financial charges65/66B | - | - | - | €18,211 | €16,659 | €15,065 | €13,554 | ▼ 10.0% |
| Recurring financial charges65 | €25,353 | €20,987 | €19,537 | €18,211 | €16,659 | €15,065 | €13,554 | ▼ 10.0% |
| Profit (loss) for the period before taxes9903 | €202,702 | €110,400 | €69,675 | €160,645 | €180,722 | €146,015 | €96,086 | ▼ 34.2% |
| Income taxes67/77 | €22,320 | €24,661 | €15,300 | €9,861 | €15,981 | €18,579 | €20,489 | ▲ 10.3% |
| Profit (loss) for the period9904 | €180,383 | €85,738 | €54,375 | €150,784 | €164,742 | €127,436 | €75,597 | ▼ 40.7% |
| Profit (loss) for the period to be appropriated9905 | €180,383 | €85,738 | €54,375 | €150,784 | €164,742 | €127,436 | €75,597 | ▼ 40.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.6m | €1.6m | €1.5m | €1.6m | €1.6m | €1.6m | €1.5m | ▼ 1.1% |
| Fixed assets21/28 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | ▼ 0.3% |
| Tangible fixed assets22/27 | €0.03m | €0.02m | €0.01m | €0.02m | €0.01m | €0.007m | €0.003m | ▼ 61.7% |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.01m | €0.007m | €0.003m | ▼ 61.7% |
| Financial fixed assets28 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Current assets29/58 | €0.03m | €0.04m | €0.01m | €0.05m | €0.03m | €0.03m | €0.02m | ▼ 39.0% |
| Amounts receivable within one year40/41 | €0.003m | €0.02m | €0.003m | €0.005m | - | €0.02m | - | - |
| Trade receivables40 | - | - | - | €27 | - | €0.02m | - | - |
| Other amounts receivable41 | - | - | - | €0.005m | - | €0.001m | - | - |
| Cash at bank and in hand54/58 | €0.03m | €0.02m | €0.009m | €0.04m | €0.03m | €0.01m | €0.02m | ▲ 67.1% |
| Deferred charges and accrued income490/1 | - | - | - | - | €300 | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.6m | €1.6m | €1.5m | €1.6m | €1.6m | €1.6m | €1.5m | ▼ 1.1% |
| Equity10/15 | €0.2m | €0.3m | €0.4m | €0.5m | €0.6m | €0.7m | €0.6m | ▼ 3.7% |
| Contributions10/11 | €0.06m | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Non-distributable reserves130/1 | - | - | - | €0.006m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.006m | - | - | - | - |
| Distributable reserves133 | - | - | - | - | €0.006m | €0.006m | €0.006m | = |
| Profit (loss) carried forward14 | €0.2m | €0.3m | €0.3m | €0.4m | €0.5m | €0.6m | €0.6m | ▼ 4.1% |
| Amounts payable17/49 | €1.3m | €1.2m | €1.2m | €1.1m | €1.0m | €0.9m | €0.9m | ▲ 0.8% |
| Amounts payable after more than one year17 | €1.2m | €1.1m | €1.0m | €0.9m | €0.9m | €0.8m | €0.7m | ▼ 11.8% |
| Financial debts170/4 | - | - | - | €0.9m | €0.9m | €0.8m | €0.7m | ▼ 11.8% |
| Amounts payable within one year42/48 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 77.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.09m | €0.09m | €0.1m | €0.1m | ▲ 1.7% |
| Trade debts44 | €0.003m | €0.001m | €0.009m | €0.01m | €0.002m | €0.004m | €0.002m | ▼ 42.9% |
| Suppliers440/4 | - | - | - | €0.01m | €0.002m | €0.004m | €0.002m | ▼ 42.9% |
| Taxes, remuneration and social security45 | - | - | - | €0.005m | €0.001m | €0.005m | €0.001m | ▼ 85.3% |
| Taxes450/3 | - | - | - | €148 | €0.001m | €148 | €0.001m | ▲ 364% |
| Remuneration and social security454/9 | - | - | - | €0.005m | €16 | €0.005m | €24 | ▼ 99.5% |
| Other amounts payable47/48 | - | - | - | €0.01m | €0.01m | €0.02m | €0.1m | ▲ 490% |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | ▼ 10.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €180,383 | €85,738 | €54,375 | €150,784 | €164,742 | €127,436 | €75,597 | ▼ 40.7% |
| + Depreciation and write-downs630 | €7,824 | €7,222 | €7,222 | €8,928 | €10,896 | €4,338 | €4,338 | = |
| Operating cash flow (approximation) | €188,207 | €92,961 | €61,597 | €159,712 | €175,638 | €131,774 | €79,935 | ▼ 39.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€15,854 | -€1,499 | €0 | €0 | - |
| Change in cash | - | -€11,372 | -€8,382 | €31,225 | -€7,117 | -€21,170 | €8,209 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | full format | 17-12-2025 | 2025-00586232 |
| 30-06-2024 | full format | 18-12-2024 | 2024-00620746 |
| 30-06-2023 | full format | 19-12-2023 | 2023-00532723 |
| 30-06-2022 | full format | 21-12-2022 | 2022-20544549 |
| 30-06-2021 | full format | 22-12-2021 | 2021-81400215 |
| 30-06-2020 | full format | 14-12-2020 | 2020-75500280 |
| 30-06-2019 | full format | 19-12-2019 | 2019-76800024 |
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Of the 24,204 active companies whose main activity is other business support services (NACE 82990), figures are known for 9,752. 5,497 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
2 directors, last change in 2023
PANAHANDEH Saleheh
CurrentDirector (not named in the articles) · since 26-04-2023
SAGHEBDOUST Mehdi
CurrentDirector (not named in the articles) · since 26-04-2023
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
2 of this company's 3 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
2 people since 2023, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| PANAHANDEH Saleheh |
|
| SAGHEBDOUST Mehdi |
|
Owners and capital
Capital and shareholders
Shareholders according to the deeds
Stated in the act
act of 26-04-2023 ↗
- PANAHANDEH Saleheh 300 shares
- SAGHEBDOUST Mehdi 300 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 26-04-2023 Converted to unavailable equity · €66,000
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
- PHARMACIE SAINT-JOSSEsubsidiaryEquity €716,154Result €134,681100%
According to the annual accounts to 30-06-2025 of CHEFA and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
2 current directorsThe board mandates are listed below; here you explore them as a network.
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Board mandates elsewhere
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2025
17-12
NBB filing
Annual accounts filed
financial year 2025 · full format
2024
18-12
NBB filing
Annual accounts filed
financial year 2024 · full format
2023
19-12
NBB filing
Annual accounts filed
financial year 2023 · full format
26-04
Gazette deed
Resignations: PANAHANDEH Saleheh (manager) and SAGHEBDOUST Mehdi (manager)Appointments: PANAHANDEH Saleheh (director) and SAGHEBDOUST Mehdi (director) · Director discharge · Registered office clause24 facts ▸
Gazette deed
Resignations: PANAHANDEH Saleheh (manager) and SAGHEBDOUST Mehdi (manager)
Appointments: PANAHANDEH Saleheh (director) and SAGHEBDOUST Mehdi (director) · Director discharge · Registered office clause24 facts ▸
- Director resignation, PANAHANDEH Saleheh (manager)
- Director resignation, SAGHEBDOUST Mehdi (manager)
- Director appointment, PANAHANDEH Saleheh (director (not named in the articles))
- Director appointment, SAGHEBDOUST Mehdi (director (not named in the articles))
- Director discharge, PANAHANDEH Saleheh
- Director discharge, SAGHEBDOUST Mehdi
- Registered office clause, “1210 Saint-Josse-ten-Noode,Rue Braemt 56-58, cinquième résolution” (deed in French)
- Other provision, “www.pharmaciesaintjosse.com, toute communication vers adresse par actionnaires,titulaires titres émis,titulaires certificats émis avec collaboration société rép…” (deed in French)
- Other provision, “certificat identité état civil, notaire soussigné” (deed in French)
- Other provision, “intérêts contradictoires engagements disproportionnés, comparants reconnaissent notaire attiré attention sur droit désigner librement autre notaire ou assister…” (deed in French)
- Other provision, “expédition acte conservation consultation”, 50 (deed in French)
- Other provision, “copie officielle acte, première copie toujours gratuite” (deed in French)
- +12 further facts in this act
2022
21-12
NBB filing
Annual accounts filed
financial year 2022 · full format
30-06
Financial
Equity above €500,000equity €507,680 ▲33.4%
A profit in every financial year since 2019 builds equity to €507,680.
2021
22-12
NBB filing
Annual accounts filed
financial year 2021 · full format
30-06
Financial
Weakest financial yearnet €54,375 ▼36.6%
Net result drops to €54,375, the lowest in the series; recovery starts the following year.
2020
14-12
NBB filing
Annual accounts filed
financial year 2020 · full format
2019
19-12
NBB filing
Annual accounts filed
financial year 2019 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 3 deeds read
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded06-06-2018
Financial year end30-06
Activities, NACEBEL 2025
82990Other business support services
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0697675270
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Sint-Joost-ten-Node · 1 establishment unit since 2018
Ground area
54 m²
Building footprint
54 m²
Building volume
675 m³
Parcel 21572B0070/00C016, Brussels · tallest building 14.3 m. Linked by address, not a title deed.
1 establishment unit
CHEFA
since 2018unit no. 2.279.273.930
1 parcel
Brussels
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21572B0070/00C016 | Brussels | 53 m² | 1 · 53 m² | 14.3 m · 4 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CHEFA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, sièges administratifs,agences,ateliers,dépôts,succursales en Belgique et étranger par décision organe…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, 1” (deed in French)“Portée aux frais généraux indépendamment des frais de représentation,voyages et déplacements, fixe ou proportionnelle” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives avec mentions requises par Code des sociétés et des associations” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié à charge du cédant et moitié à charge du ou des acquéreurs proportionnellement au nombre actions acquises, tous cas de cessions entre…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of December at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues modifications statuts, tout temps par décision assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Faculté assemblée désigner un ou plusieurs liquidateurs et déterminer pouvoirs émoluments, quelque cause et moment” (deed in French)