CHEMACH
ActiveCHEMACH has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.52M and a net result of €-75k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 90% of 3108 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-9
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity ample (current ratio 2.54 against 2.74 in 2024; short-term debt: 14.7% and cash: 6.5% of total assets), and 14.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
85.2%
Return on assets
-2.5%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
6 d late
2022
2 d late
2021
4 d early
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2.52M▼ 4.2%
2024 · €2.63M
2018: €2.91M
2019: €2.95M
2020: €2.91M
2021: €2.81M
2022: €2.76M
2023: €2.67M
2024: €2.63M
2018 → 2025
Total assets
€2.96M▼ 2.5%
2024 · €3.04M
2018: €3.91M
2019: €3.53M
2020: €3.28M
2021: €3.13M
2022: €3.06M
2023: €3.07M
2024: €3.04M
2018 → 2025
Net result
€-75k▼ 84.2%
2024 · €-41k
2018: €518k
2019: €37k
2020: €-33k
2021: €-106k
2022: €-48k
2023: €-85k
2024: €-41k
2018 → 2025
Working capital
€670k▼ 3.2%
2024 · €693k
2018: €1.22M
2019: €1.17M
2020: €983k
2021: €716k
2022: €757k
2023: €734k
2024: €693k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.81M-€2.76M▼ 1.7%€2.67M▼ 3.1%€2.63M▼ 1.5%€2.52M▼ 4.2%
Operating result€-113k-€-46k▲ 59.3%€-83k▼ 79.5%€-54k▲ 34.6%€-94k▼ 74.3%
Net result€-106k-€-48k▲ 54.4%€-85k▼ 75.9%€-41k▲ 52.4%€-75k▼ 84.2%
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 stays negative: a loss of €94k in 2025 against €54k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.96M
Fixed assets
€1.86M▼ 4.6%
Current assets
€1.11M▲ 1.2%
Equity and liabilities €2.96M
Equity
€2.52M▼ 4.2%
Debt
€438k▲ 8.5%
The debt ratio rises from 13.3% to 14.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-6k▼
2024 · €32k
Cash flow
€14k▼
2024 · €46k
Solvency
85.2%▼
2024 · 86.7%
Current ratio
2.54▼
2024 · 2.74
Quick ratio
2.54▼
2024 · 2.74
Debt / equity
0.17▲
2024 · 0.15
ROE
-3.0%▼
2024 · -1.5%
ROA
-2.5%▼
2024 · -1.3%
Interest coverage
-0.19▼
2024 · 1.00
Debt
€438k▲
2024 · €404k
Debt ≤ 1 year
€435k▲
2024 · €399k
Income taxes
€875▲
2024 · €557
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.04M€2.96M▼
Fixed assets21/28€1.94M€1.86M▼
Tangible fixed assets22/27€1.94M€1.86M▼
Land and buildings22€1.88M€1.81M▼
Plant, machinery and equipment23€3k€1k▼
Furniture and vehicles24€62k€48k▼
Financial fixed assets28€6€6=
Current assets29/58€1.09M€1.11M▲
Amounts receivable after more than one year29€150k€150k=
Other amounts receivable291€150k€150k=
Amounts receivable within one year40/41€12k€23k▲
Trade receivables40€6k€10k▲
Other amounts receivable41€5k€13k▲
Current investments50/53€880k€737k▼
Cash at bank and in hand54/58€46k€192k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€3.04M€2.96M▼
Equity10/15€2.63M€2.52M▼
Contributions10/11€86k€86k=
Reserves13€202k€167k▼
Non-distributable reserves130/1€35k-
Reserves not available under the articles1311€35k-
Distributable reserves133€167k€167k=
Profit (loss) carried forward14€2.34M€2.27M▼
Amounts payable17/49€404k€438k▲
Amounts payable within one year42/48€399k€435k▲
Trade debts44€4k€4k▲
Suppliers440/4€4k€4k▲
Taxes, remuneration and social security45€14k€15k▲
Taxes450/3€14k€15k▲
Other amounts payable47/48€382k€416k▲
Accrued charges and deferred income492/3€4k€3k▼
Income statement
Code20242025
Non-recurring operating income76A€13k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86k€89k▲
Other operating charges640/8€9k€9k▼
Non-recurring operating charges66A€4k€63▼
Gross operating margin9900€46k€3k▼
Operating profit (loss)9901€-54k€-94k▼
Financial income75/76B€46k€50k▲
Recurring financial income75€26k€44k▲
Non-recurring financial income76B€20k€6k▼
Financial charges65/66B€32k€30k▼
Recurring financial charges65€32k€30k▼
Profit (loss) for the period before taxes9903€-40k€-74k▼
Income taxes67/77€557€875▲
Profit (loss) for the period9904€-41k€-75k▼
Profit (loss) for the period to be appropriated9905€-41k€-75k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.34M€2.27M▼
Profit (loss) brought forward from the previous period14P€2.38M€2.34M▼
Transfer from equity791/2-€35k
Profit to be distributed694/7-€35k
Return on contributions (dividend)694-€35k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-08
State Gazette act
Capital & shares · Purpose · Resignations & appointments · RestructuringGeneral meeting · Demerger · Accounting effect7 facts ▸
State Gazette act
Capital & shares · Purpose · Resignations & appointments · Restructuring
General meeting · Demerger · Accounting effect7 facts ▸
- General meeting, 06/07/2026
- Demerger, 30/09/2025
- Accounting effect, 01/10/2025
- Net-asset statement, 30/09/2025
- Share issue, nieuwe aandelen ... uitgereikt aan de aandeelhouders van de te splitsen vennootschap
- Purpose change, ACTIVITEITEN IN VERBAND MET KUNSTSTOFFEN ... DIVERSE ACTIVITEITEN ... BEHEER VAN EIGEN ROEREND EN ONROEREND GOED ... ALGEMENE BEPALINGEN
- Director appointment, SCHEDIN Tim Miel Stach (niet-statutair bestuurder)
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €-106k
Net result drops to €-106k, the lowest in the series; recovery starts the following year.
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
17-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
SCHEDIN Tim Miel Stach
CurrentNon-statutory director · since 06-07-2026
06-07-2026
Appointed as Non-statutory director
Location & real-estate footprint
Registered office, Wielsbeke · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hulstersestraat(O) 2118710 WielsbekeGround area
699 m²
Building footprint
177 m²
Volume, LiDAR
788 m³
Parcel 37009A0593/00C002, Flanders · tallest building 8.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CHEMACH
since 20072.166.367.514
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37009A0593/00C002 | Flanders | 699 m² | 1 · 177 m² | 8.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Acquisitions and mergers
1 transactionContributed a business line to:VIJFVLAK
Recognitions · licences · registrations
Legal Entity Identifier
875500LXZT1ES6GULR51
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ROODT STERT
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FODEVA
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Entre-Deux-Monts
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Of 1,398 companies in sector 01210 we hold annual accounts for 232. 105 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-10-2007
Fiscal year end30-09
Activities, NACEBEL
01210Crop and animal production, hunting and related service activities
46140Agents in the wholesale of industrial machinery, ships and aircraft
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.