Equity
€1.4m ▲ 0.2%
CHEMA has made a profit without a break since 2014.
CHEMA
Lifetime
19 annual accounts with figures on one time axis, 35 filings since 1990peak €365,366 (2024)
€275,714▼ 24.5%
lowest -€22,043 (2010)
€2,087▼ 96.2%
peak €1.6m (2023)
€1.4m▲ 0.2%
€3.8m▲ 59.5%
Board2 names since 2021
2 directorsRYCKAERT Bart and 1 other
Documentsfilings and deeds
31-01-2026on the last day
2025abbreviated format
Gross margin from €365,366 to €275,714Result from €54,798 to €2,087Change of role: RYCKAERT Marc André, from statutory manager t… 18-08Debts from €2.4m to €3.8mInvestments €1.6m
Key points
from the 2025 annual accountsResult
€2,087 ▼ 96.2%
The result fell in 2025 from €54,798 to €2,087.
Turnover
≈ €1.7m estimated
The abbreviated format states no turnover.
Debts
€3.8m 73% of the balance sheet
Financial debts 70%Suppliers 1%Taxes and wages 0%Other 28%
Of this, €407,867 falls due within a year.
Investments
€1.6m 11.2 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 39.8% higher than in 2024.
Filings
35 annual accounts since 1990
Four of the last ten came late. The 2016 accounts came latest: 41 days after the end of the period.
Checked score
87
Excellent
Financially stronger than 45% of small companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.4%▲ +0.1 percentage points vs 12-2024
02-2025: 0.7%▲ +0.3 percentage points vs 01-2025
03-2025: 0.2%▼ -0.5 percentage points vs 02-2025lowest value
04-2025: 0.2%● unchanged vs 03-2025lowest value
05-2025: 0.2%● unchanged vs 04-2025lowest value
06-2025: 0.2%● unchanged vs 05-2025lowest value
07-2025: 0.2%● unchanged vs 06-2025lowest value
08-2025: 0.2%● unchanged vs 07-2025lowest value
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.3%▲ +0.1 percentage points vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.4%▲ +0.1 percentage points vs 12-2025
02-2026: 0.7%▲ +0.3 percentage points vs 01-2026highest value
03-2026: 0.2%▼ -0.5 percentage points vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.11, cash €741
lowers risk
Founded in 1989
Size: total assets €5.2m
Legal form: public limited company
Calculation
The band follows from the bankruptcy probability. 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 46, small). It does better than 30% of them on solvency, 61% on liquidity, 52% on profitability and 35% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 4,685 companies had the same profile as CHEMA has now. Each dot stands for 12 companies, two years later.
97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
That fits the bankruptcy probability of CHEMA itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,685 companies, not a prediction for CHEMA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €120,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.11 (0.23 in 2024), below 1. Short-term debt is 7.9% and cash 0% of total assets. 73.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
11 days late
2023
on the day
2022
2 days late
2021
14 days early
2020
1 day early
2019
1 day 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 on the deadline day. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 31 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Change of role: RYCKAERT Marc André, from statutory manager to director
Appointment: RYCKAERT Bart (director) · “nieuw artikel 3” (deed in Dutch) · Legal-form conversion: from partnership limited by shares to public limited company · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0438163054
Environmental permit granted
Verbouwen en/of uitbreiden van bijgebouwen en niet overdekte lage constructies · Damme
First establishment
Pompestraat 1, Damme
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CHEMA Damme | €5.2m | €275,714 | 26.9% | - |
| RESEARCH CONSULTANCY MANAGEMENT P. VERMEIREN & PARTNERS Bornem | €7.3m | €241,894 | 10.4% | - |
| DRIES SEBRECHTS FRUIT Sint-Katelijne-Waver | €5.9m | €428,031 | 90.1% | 3.8 |
| BENELUX FRUITSERVICE - ACHIEL RYCKAERT Sint-Laureins | €3.9m | €417,306 | 60.5% | - |
| RIK TANGHE Menen | €7.2m | €704,909 | 11.0% | 0 |
| HIGHFROST Wevelgem | €7.3m | €231,515 | 11.9% | 0 |
| DSP FOOD Ghent | €10.0m | €209,208 | 99.5% | 2 |
These companies have the same main activity as CHEMA: wholesale of fruit and vegetables, excluding potatoes (NACE 46319). They are comparable in size and age: total assets between €3.9m and €10m, founded between 1973 and 1994.
Official details
Source: KBO- Status
- Active since 11-08-1989Normal situation
- Activity
- Wholesale of fruit and vegetables, excluding potatoesNACE 46319and 2 others
- Establishment unit
- 2.044.629.0498340 Damme, since 05-09-1989
- Financial year end
- 30 June
- Peppol
- Reachable since 07-08-2025
Annual accounts to 30-06-2025
- €5.2m▲ 37.2%
- Filing
- Filed on 31-01-2026, on the last day of the filing period
Insights on CHEMA
CHEMA files the abbreviated format. That format states no turnover. The gross margin rose from €145,715 in 2007 to €275,714 in 2025.
The balance sheet grew most from 2020 to 2022 through fixed assets, financed with long-term debt.
In August 2025, the Official Gazette published the appointment of RYCKAERT Bart 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 CHEMA
- What is the company number of CHEMA?
- The company number of CHEMA is 0438.163.054. The VAT number is the same number with BE in front: BE 0438.163.054.
- Where is CHEMA based?
- The registered office is at Pompestraat 1, 8340 Damme.Company details
- What does CHEMA do?
- According to the KBO register, the main activity is wholesale of fruit and vegetables, excluding potatoes (NACE 46319).
- What is the legal form of CHEMA?
- CHEMA is a public limited company (NV).
- When was CHEMA founded?
- CHEMA was founded on 11-08-1989.
- Is CHEMA still active?
- Yes, CHEMA is an active enterprise in the KBO register.
- What is the turnover of CHEMA?
- The turnover in financial year 2025 is ≈ €1.7m. This figure is estimated from the gross margin of €275,714 and 30 comparable companies (NACE 463). It probably lies between €1.3m and €3.1m.Financials
- Is CHEMA profitable?
- In financial year 2025, CHEMA made a profit of €2,087.
- Where can I find the annual accounts of CHEMA?
- CHEMA filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CHEMA due?
- CHEMA must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.