Cheff's
ActiveSummary
The computed 12-month bankruptcy probability of Cheff's is 3.4% (moderate). The 2025 annual accounts show equity of €77,755 and a net result of €26,647. Equity is growing by ~51.8% per year across the filed fiscal years. Its solvency ranks better than 34% of 13560 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+7
Solvency36▲+4
Growth78=
Track record94
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity short (current ratio 0.69 against 0.72 in 2024; short-term debt: 27.2% and cash: 11.7% of total assets), and 88.9% of the assets are financed with debt.
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Signals
Four 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
11.1%
Return on assets
3.8%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
on the day
2024
14 d early
2023
13 d early
2022
32 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 1 day after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€77,755▲ 52.1%
2024 · €51,108
Total assets
€699,394▼ 7.5%
2024 · €756,156
Net result
€26,647▲ 124%
2024 · €11,877
Working capital
-€59,404▲ 7.9%
2024 · -€64,531
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result-€1,548-€49,444€26,267▼ 46.9%€44,670▲ 70.1%
Net result-€14,397-€33,629€11,877▼ 64.7%€26,647▲ 124%
Equity€5,603-€39,232▲ 600%€51,108▲ 30.3%€77,755▲ 52.1%
Total assets€748,832-€782,410▲ 4.5%€756,156▼ 3.4%€699,394▼ 7.5%
Debt€743,229-€743,178=€705,048▼ 5.1%€621,639▼ 11.8%
Working capital-€46,953--€52,176▼ 11.1%-€64,531▼ 23.7%-€59,404▲ 7.9%
Staff (FTE)1.5-1.6▲ 6.7%2.6▲ 62.5%3▲ 15.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 70% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €699,394
Fixed assets
€568,906 ▼ 3.0%
Current assets
€130,488 ▼ 23.1%
Equity and liabilities €699,394
Equity
€77,755 ▲ 52.1%
Debt
€621,639 ▼ 11.8%
Debt's share of the balance-sheet total falls from 93.2% to 88.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€84,574▲
2024 · €62,713
Cash flow
€66,550▲
2024 · €48,323
Current ratio
0.69▼
2024 · 0.72
Quick ratio
0.50▼
2024 · 0.61
Debt to equity
7.99▼
2024 · 13.80
ROE
34.3%▲
2024 · 23.2%
ROA
3.8%▲
2024 · 1.6%
Interest coverage
7.53▲
2024 · 5.60
Debt ≤ 1 year
€189,892▼
2024 · €234,179
Debt > 1 year
€428,273▼
2024 · €470,869
Income taxes
€7,129▲
2024 · €3,212
Staff costs
€103,365▲
2024 · €92,788
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,541 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 95% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
3.3%
went bankrupt
1.1%
stopped otherwise
95%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,541 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €46,420 | €53,034 | €92,788 | €103,365 | ▲ 11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44,038 | €31,871 | €36,446 | €39,904 | ▲ 9.5% |
| Other operating charges640/8 | €3,044 | €4,133 | €4,740 | €3,663 | ▼ 22.7% |
| Gross operating margin9900 | €91,953 | €138,482 | €160,241 | €191,602 | ▲ 19.6% |
| Operating profit (loss)9901 | -€1,548 | €49,444 | €26,267 | €44,670 | ▲ 70.1% |
| Financial income75/76B | €29 | €28 | €27 | €331 | ▲ 1,107% |
| Recurring financial income75 | €29 | €28 | €27 | €331 | ▲ 1,107% |
| Financial charges65/66B | €12,869 | €10,580 | €11,206 | €11,226 | ▲ 0.2% |
| Recurring financial charges65 | €12,869 | €10,580 | €11,206 | €11,226 | ▲ 0.2% |
| Profit (loss) for the period before taxes9903 | -€14,388 | €38,891 | €15,088 | €33,775 | ▲ 124% |
| Income taxes67/77 | €9 | €5,263 | €3,212 | €7,129 | ▲ 122% |
| Profit (loss) for the period9904 | -€14,397 | €33,629 | €11,877 | €26,647 | ▲ 124% |
| Profit (loss) for the period to be appropriated9905 | -€14,397 | €33,629 | €11,877 | €26,647 | ▲ 124% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €748,832 | €782,410 | €756,156 | €699,394 | ▼ 7.5% |
| Fixed assets21/28 | €622,065 | €611,970 | €586,508 | €568,906 | ▼ 3.0% |
| Intangible fixed assets21 | €157,480 | €139,980 | €122,480 | €104,980 | ▼ 14.3% |
| Tangible fixed assets22/27 | €464,585 | €471,989 | €464,028 | €463,926 | = |
| Land and buildings22 | €451,846 | €441,710 | €431,574 | €421,438 | ▼ 2.3% |
| Plant, machinery and equipment23 | €6,027 | €19,944 | €23,563 | €36,328 | ▲ 54.2% |
| Furniture and vehicles24 | €6,712 | €10,335 | €8,890 | €6,159 | ▼ 30.7% |
| Current assets29/58 | €126,767 | €170,440 | €169,649 | €130,488 | ▼ 23.1% |
| Amounts receivable after more than one year29 | €91 | €0 | - | - | - |
| Other amounts receivable291 | €91 | €0 | - | - | - |
| Stocks and contracts in progress3 | €37,182 | €24,608 | €26,600 | €35,533 | ▲ 33.6% |
| Stocks30/36 | €37,182 | €24,608 | €26,600 | €35,533 | ▲ 33.6% |
| Amounts receivable within one year40/41 | €44,153 | €57,772 | €50,046 | €12,919 | ▼ 74.2% |
| Trade receivables40 | €33,447 | €52,275 | €45,857 | €12,525 | ▼ 72.7% |
| Other amounts receivable41 | €10,706 | €5,497 | €4,189 | €394 | ▼ 90.6% |
| Cash at bank and in hand54/58 | €42,362 | €86,837 | €92,341 | €81,554 | ▼ 11.7% |
| Deferred charges and accrued income490/1 | €2,978 | €1,223 | €661 | €483 | ▼ 26.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €748,832 | €782,410 | €756,156 | €699,394 | ▼ 7.5% |
| Equity10/15 | €5,603 | €39,232 | €51,108 | €77,755 | ▲ 52.1% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€14,397 | €19,232 | €31,108 | €57,755 | ▲ 85.7% |
| Amounts payable17/49 | €743,229 | €743,178 | €705,048 | €621,639 | ▼ 11.8% |
| Amounts payable after more than one year17 | €569,482 | €520,562 | €470,869 | €428,273 | ▼ 9.0% |
| Financial debts170/4 | €569,482 | €520,562 | €470,869 | €428,273 | ▼ 9.0% |
| Amounts payable within one year42/48 | €173,720 | €222,616 | €234,179 | €189,892 | ▼ 18.9% |
| Current portion of amounts payable after more than one year42 | €48,207 | €48,920 | €49,693 | €54,390 | ▲ 9.5% |
| Trade debts44 | €111,084 | €130,843 | €129,303 | €83,655 | ▼ 35.3% |
| Suppliers440/4 | €111,084 | €130,843 | €129,303 | €83,655 | ▼ 35.3% |
| Taxes, remuneration and social security45 | €13,203 | €24,603 | €38,302 | €42,974 | ▲ 12.2% |
| Taxes450/3 | €361 | €14,684 | €11,077 | €14,878 | ▲ 34.3% |
| Remuneration and social security454/9 | €12,843 | €9,919 | €27,225 | €28,096 | ▲ 3.2% |
| Other amounts payable47/48 | €1,225 | €18,250 | €16,882 | €8,874 | ▼ 47.4% |
| Accrued charges and deferred income492/3 | €28 | €0 | - | €3,474 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€14,397 | €33,629 | €11,877 | €26,647 | ▲ 124% |
| + Depreciation and write-downs630 | €44,038 | €31,871 | €36,446 | €39,904 | ▲ 9.5% |
| Operating cash flow (approximation) | €29,641 | €65,499 | €48,323 | €66,550 | ▲ 37.7% |
| Investment in fixed assets (approximation) | - | -€21,775 | -€10,984 | -€22,302 | ▼ 103% |
| Change in cash | - | €44,475 | €5,504 | -€10,788 | ▼ 296% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €33,629
Net result €33,629 after one loss-making year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 32 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Merelbeke-Melle · 1 establishment unit since 2022
Ground area
1,033 m²
Building footprint
653 m²
Volume, LiDAR
7,074 m³
Parcel 44412B0251/00N000, Flanders · tallest building 16.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Hundelgemsesteenweg 636, 9820 Merelbeke-Melle
since 20222.327.221.327
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44412B0251/00N000 | Flanders | 1,033 m² | 1 · 653 m² | 16.3 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 634 EUR awarded · 634 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 176 EUR | 176 EUR |
| 2024 | 1 | 176 EUR | 176 EUR |
| 2023 | 1 | 147 EUR | 147 EUR |
| 2022 | 1 | 135 EUR | 135 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteMerelbeke-Melle2.327.221.327
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Of 7,501 companies in sector 56210 we hold annual accounts for 2,448. 2,036 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
Founded07-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47279Other retail sale of food
56210Event catering
Contact
E-mail
info@cheffs.be
Phone
093240734
E-invoicing
Reachable via Peppol
Peppol ID
0208:0778319585
Also
9925:BE0778319585
Registered
05-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.