CHELLALA
ActiveSummary
The computed 12-month bankruptcy probability of CHELLALA is 3.6% (moderate). The 2024 annual accounts show equity of €95,901 and a net result of -€79,637. Equity is growing by about 42% per year across the filed financial years. Its solvency ranks better than 60% of 18,739 sector peers (NACE 56, financial year 2024). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €95,901
- Loss
- -€79,637
- BOUAAM El MostafaDirector
- BOUAAM SajidDirector
Why 48raises risk1 financial year not filed after the legal deadline; last filed accounts filed 74 days late; 2 of the last 3 lateSector: Food and beverage service activities (NACE 56)Figures for financial year 2024 (filed 22-10-2025)lowers riskFounded in 2006Show the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 60% on solvency, 25% on liquidity, 8% on profitability and 16% on growth.
The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 6 accounts on average 47 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2023 · abbreviated…
- Annual accounts filedfinancial year 2024 · micro…
- Weakest financial yearnet -€79,637
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 26 October 2026.
2019 to 2024, 5 financial years 2018 to 2024, 6 financial years
The operating result turns negative in 2024: a loss of €46,797 after €4,552 in 2023, the lowest 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.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 56, Food and beverage service 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), Staff (FTE).
Peer companies
Historical observationOf the 5,835 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84.4% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 5,835 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €45,386 | €216,866 | €159,156 | ▼ 26.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,540 | €19,378 | €22,651 | €21,000 | €14,168 | €11,785 | ▼ 16.8% |
| Other operating charges640/8 | - | - | - | €580 | €13,445 | €11,004 | ▼ 18.2% |
| Gross operating margin9900 | €145,650 | €253,286 | €66,208 | €218,202 | €249,030 | €135,147 | ▼ 45.7% |
| Operating profit (loss)9901 | -€23,244 | €53,665 | -€18,345 | €151,237 | €4,552 | -€46,797 | - |
| Financial charges65/66B | - | - | - | €151 | €185 | €173 | ▼ 6.5% |
| Recurring financial charges65 | €378 | €326 | €200 | €151 | €185 | €173 | ▼ 6.5% |
| Profit (loss) for the period before taxes9903 | -€23,622 | €53,340 | -€18,545 | €151,086 | €4,366 | -€46,971 | - |
| Income taxes67/77 | - | - | - | - | - | €32,667 | - |
| Profit (loss) for the period9904 | -€23,622 | €53,340 | -€18,545 | €151,086 | €4,366 | -€79,637 | - |
| Profit (loss) for the period to be appropriated9905 | -€23,622 | €53,340 | -€18,545 | €151,086 | €4,366 | -€79,637 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €111,241 | €121,573 | €106,565 | €157,266 | €287,649 | €233,588 | ▼ 18.8% |
| Fixed assets21/28 | €63,417 | €63,230 | €57,404 | €53,283 | €44,891 | €42,267 | ▼ 5.8% |
| Tangible fixed assets22/27 | €45,858 | €45,670 | €39,844 | €42,768 | €34,377 | €31,752 | ▼ 7.6% |
| Plant, machinery and equipment23 | - | - | - | €2,800 | - | €6,735 | - |
| Furniture and vehicles24 | - | - | - | €20,836 | €30,422 | €23,052 | ▼ 24.2% |
| Other tangible fixed assets26 | - | - | - | €19,132 | €3,955 | €1,965 | ▼ 50.3% |
| Financial fixed assets28 | €17,559 | €17,559 | €17,559 | €10,514 | €10,514 | €10,514 | = |
| Current assets29/58 | €47,824 | €58,343 | €49,162 | €103,984 | €242,757 | €191,321 | ▼ 21.2% |
| Stocks and contracts in progress3 | €19,900 | €14,000 | €24,600 | €53,600 | €89,300 | €89,300 | = |
| Stocks30/36 | - | - | - | €53,600 | €89,300 | €89,300 | = |
| Amounts receivable within one year40/41 | €2,682 | €5,741 | €7,060 | €8,920 | €126,530 | €81,182 | ▼ 35.8% |
| Other amounts receivable41 | - | - | - | €8,920 | €126,530 | €81,182 | ▼ 35.8% |
| Cash at bank and in hand54/58 | €24,857 | €38,216 | €17,117 | €41,078 | €26,543 | €20,454 | ▼ 22.9% |
| Deferred charges and accrued income490/1 | - | - | - | €385 | €385 | €385 | = |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €111,241 | €121,573 | €106,565 | €157,266 | €287,649 | €233,588 | ▼ 18.8% |
| Equity10/15 | -€191,340 | -€138,000 | -€156,545 | -€5,459 | €175,538 | €95,901 | ▼ 45.4% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | - | - | - |
| Issued capital100 | - | - | - | €18,600 | - | - | - |
| Contributions outside capital11 | - | - | - | - | €18,600 | €18,600 | = |
| Other1109/19 | - | - | - | - | €18,600 | €18,600 | = |
| Reserves13 | €27,795 | €27,795 | €27,795 | €27,795 | €27,795 | €27,795 | = |
| Non-distributable reserves130/1 | - | - | - | €1,036 | €27,795 | €27,795 | = |
| Legal reserve130 | - | - | - | €1,036 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €1,036 | €1,036 | = |
| Own shares acquired1312 | - | - | - | - | €26,759 | €26,759 | = |
| Tax-exempt reserves132 | - | - | - | €26,759 | - | - | - |
| Profit (loss) carried forward14 | -€237,734 | -€184,394 | -€202,939 | -€51,853 | €129,144 | €49,507 | ▼ 61.7% |
| Provisions and deferred taxes16 | - | - | - | - | €324 | €324 | = |
| Provisions for liabilities and charges160/5 | - | - | - | - | €324 | €324 | = |
| Taxes161 | - | - | - | - | €324 | €324 | = |
| Amounts payable17/49 | €302,581 | €259,572 | €263,110 | €162,725 | €111,786 | €137,362 | ▲ 22.9% |
| Amounts payable within one year42/48 | €302,581 | €259,572 | €263,110 | €162,725 | €111,786 | €137,362 | ▲ 22.9% |
| Trade debts44 | €27,825 | €4,206 | €9,474 | €15,770 | €19,402 | €86,716 | ▲ 347% |
| Suppliers440/4 | - | - | - | €15,770 | €19,402 | €86,716 | ▲ 347% |
| Taxes, remuneration and social security45 | - | - | - | €35,442 | €92,384 | €50,647 | ▼ 45.2% |
| Taxes450/3 | - | - | - | €5,691 | €55,470 | €21,968 | ▼ 60.4% |
| Remuneration and social security454/9 | - | - | - | €29,750 | €36,914 | €28,679 | ▼ 22.3% |
| Other amounts payable47/48 | - | - | - | €111,514 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€23,622 | €53,340 | -€18,545 | €151,086 | €4,366 | -€79,637 | - |
| + Depreciation and write-downs630 | €15,540 | €19,378 | €22,651 | €21,000 | €14,168 | €11,785 | ▼ 16.8% |
| Operating cash flow (approximation) | -€8,083 | €72,717 | €4,106 | €172,086 | €18,534 | -€67,852 | - |
| Investment in fixed assets (approximation) | - | -€19,190 | -€16,825 | -€16,879 | - | -€9,160 | - |
| Change in cash | - | €13,360 | -€21,100 | €23,962 | - | -€6,089 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 13-10-2025 | 2025-00547271 |
| 31-12-2023 | abbreviated format | 09-10-2026 | 2026-00555411 |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00450385 |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20391773 |
| 31-12-2020 | micro format | 26-08-2021 | 2021-53400503 |
| 31-12-2019 | micro format | 30-10-2020 | 2020-65100330 |
| 31-12-2018 | full format | 31-08-2019 | 2019-58400212 |
| 31-12-2017 | full format | 31-08-2018 | 2018-55000014 |
| 31-12-2016 | full format | 31-08-2017 | 2017-57200241 |
| 31-12-2015 | full format | 31-08-2016 | 2016-57600053 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| BOUAAM El Mostafa |
|
| BOUAAM Sajid |
|
Owners and capital
Capital and shareholders
- BOUAAM El Mostafa 70 shares
- BOUAAM Sajid 30 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 13-05-2024 Capital stated in the deed · 100 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
13-05
Gazette deed
Resignations: BOUAAM El Mostafa (manager) and BOUAAM Sajid (manager)Appointments: BOUAAM El Mostafa (director) and BOUAAM Sajid (director) · Shareholding · Amendment of the articles19 facts ▸
- General meeting, “extraordinaire, 1060 Saint-Gilles,Avenue Fonsny,12” (deed in French)
- Other provision, “président/secrétaire/scrutateur, bureau assemblée” (deed in French)
- Shareholding, “actions”, 70 (deed in French)
- Shareholding, “actions”, 30 (deed in French)
- Other provision, “adapter statuts aux dispositions du Code des sociétés et des associations, adaptation forme légale et capital au Code des sociétés et des associations” (deed in French)
- Other provision, “convocation” (deed in French)
- Other provision, “validité assemblée, valablement composée apte à délibérer et statuer sur ordre du jour” (deed in French)
- Amendment of the articles (2 times)
- Capital conversion, “conversion de plein droit, article 39,§2,deuxième alinéa loi du 23-03-2019” (deed in French)
- Other provision, “suppression compte capitaux propres statutairement indisponible, supprimer et rendre fonds disponibles pour distribution” (deed in French)
- Capital
- Power of attorney, Agata ZAMBRZYCKA (2 times)
- +7 further facts in this act
Show earlier events
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21562A0388/00B006 | Brussels | 1,399 m² | 1 · 1,098 m² | 29.8 m · 9 |
How the parcels are linked
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.
- CHELLALA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, transfert adresse en tout endroit Région de Bruxelles-Capitale ou région de langue française de Belgique par…” (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, 1” (deed in French)“Assemblée générale, frais généraux” (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” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Organe d’administration, 8” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale, modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Si aucun autre désigné, désigner liquidateurs,fixer pouvoirs et émoluments” (deed in French)