CHEMARK
ActiveSummary
CHEMARK has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €587,236 and a net result of €139,594. Equity is growing by about 9.6% per year across the filed financial years. Its solvency ranks better than 84% of 13,626 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €587,236
- Profit
- €139,594
- Board
- 4 members
Why 98raises riskLast filed accounts filed 31 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 10.58, cash €231,797Equity €587,236 (82.6% of total assets)Founded in 2003Show the evidence
Checked score
Fewer than 1 in 1,000 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 46, micro): better than 90% on solvency, 90% on liquidity, 87% on profitability and 77% on growth.
The bankruptcy probability was computed on 23-10-2026 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 7 accounts on average 12 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2018 to 2025net €139,594 ▲112%
- Equity above €500,000equity €587,236 ▲22.7%
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00468663.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 110% 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.
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 46, Wholesale trade: 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 20,139 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,474 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 20,139 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €7,438 | €0 | €4,673 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29,466 | €23,141 | €22,255 | €14,951 | €14,978 | €19,055 | €20,318 | €21,205 | ▲ 4.4% |
| Other operating charges640/8 | - | - | - | €2,032 | €2,649 | €1,946 | €1,648 | €1,741 | ▲ 5.6% |
| Gross operating margin9900 | €79,257 | €73,503 | €54,436 | €100,610 | €133,993 | €113,193 | €114,215 | €216,529 | ▲ 89.6% |
| Operating profit (loss)9901 | €47,319 | €46,894 | €29,959 | €83,627 | €116,366 | €92,192 | €92,249 | €193,583 | ▲ 110% |
| Financial income75/76B | - | - | - | €11,689 | €1,293 | €1,891 | €4,362 | €12,139 | ▲ 178% |
| Recurring financial income75 | €3,444 | €963 | €4,770 | €11,689 | €1,293 | €1,891 | €4,362 | €12,139 | ▲ 178% |
| Non-recurring financial income76B | - | - | - | - | €0 | - | - | - | - |
| Financial charges65/66B | - | - | - | €2,661 | €5,383 | €2,783 | €3,938 | €4,368 | ▲ 10.9% |
| Recurring financial charges65 | €6,798 | €1,326 | €812 | €2,661 | €5,383 | €2,783 | €3,938 | €4,368 | ▲ 10.9% |
| Profit (loss) for the period before taxes9903 | €41,088 | €46,530 | €33,918 | €92,655 | €112,275 | €91,300 | €92,674 | €201,354 | ▲ 117% |
| Income taxes67/77 | €13,388 | €14,592 | €10,727 | €26,299 | €34,464 | €28,278 | €26,938 | €61,760 | ▲ 129% |
| Profit (loss) for the period9904 | €27,700 | €31,938 | €23,191 | €66,356 | €77,811 | €63,022 | €65,736 | €139,594 | ▲ 112% |
| Profit (loss) for the period to be appropriated9905 | €27,700 | €31,938 | €23,191 | €66,356 | €77,811 | €63,022 | €65,736 | €139,594 | ▲ 112% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €343,650 | €374,199 | €377,858 | €443,235 | €516,903 | €586,814 | €575,144 | €710,756 | ▲ 23.6% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €201,697 | €113,382 | €99,602 | €101,519 | €94,576 | €121,079 | €105,462 | €87,250 | ▼ 17.3% |
| Intangible fixed assets21 | €0 | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €200,397 | €112,082 | €98,302 | €100,219 | €93,276 | €119,779 | €104,162 | €85,950 | ▼ 17.5% |
| Land and buildings22 | - | - | - | €95,348 | €92,200 | €80,352 | €69,377 | €61,281 | ▼ 11.7% |
| Furniture and vehicles24 | - | - | - | €4,871 | €1,076 | €39,426 | €34,785 | €24,670 | ▼ 29.1% |
| Financial fixed assets28 | €1,300 | €1,300 | €1,300 | €1,300 | €1,300 | €1,300 | €1,300 | €1,300 | = |
| Current assets29/58 | €141,952 | €260,817 | €278,255 | €341,716 | €422,327 | €465,735 | €469,682 | €623,505 | ▲ 32.8% |
| Amounts receivable after more than one year29 | - | - | - | €12,900 | €0 | - | - | - | - |
| Trade receivables290 | - | - | - | €12,900 | €0 | - | - | - | - |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €26,991 | €36,123 | €57,645 | €24,261 | €14,538 | €36,141 | €13,988 | €100,612 | ▲ 619% |
| Trade receivables40 | - | - | - | €17,961 | €6,232 | €2,974 | €0 | €90,612 | - |
| Other amounts receivable41 | - | - | - | €6,300 | €8,307 | €33,168 | €13,988 | €10,000 | ▼ 28.5% |
| Current investments50/53 | €48,756 | €60,756 | €24,372 | €29,264 | €111,046 | €177,220 | €207,942 | €283,952 | ▲ 36.6% |
| Cash at bank and in hand54/58 | €57,124 | €156,573 | €177,194 | €272,671 | €293,011 | €247,414 | €243,955 | €231,797 | ▼ 5.0% |
| Deferred charges and accrued income490/1 | - | - | - | €2,621 | €3,733 | €4,960 | €3,797 | €7,144 | ▲ 88.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €343,650 | €374,199 | €377,858 | €443,235 | €516,903 | €586,814 | €575,144 | €710,756 | ▲ 23.6% |
| Equity10/15 | €299,390 | €330,528 | €352,919 | €356,507 | €413,319 | €475,806 | €478,641 | €587,236 | ▲ 22.7% |
| Contributions10/11 | €77,500 | €77,500 | - | €77,500 | €77,500 | €77,500 | €77,500 | €77,500 | = |
| Reserves13 | €221,890 | €253,028 | €275,419 | €279,007 | €335,819 | €398,306 | €401,141 | €509,736 | ▲ 27.1% |
| Non-distributable reserves130/1 | - | - | - | €7,750 | €7,750 | €7,750 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €7,750 | €7,750 | €7,750 | €0 | - | - |
| Distributable reserves133 | - | - | - | €271,257 | €328,069 | €390,556 | €401,141 | €509,736 | ▲ 27.1% |
| Profit (loss) carried forward14 | €0 | - | - | €0 | €0 | €0 | €0 | €0 | - |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - | - | - | - |
| Amounts payable17/49 | €44,260 | €43,670 | €24,938 | €86,728 | €103,584 | €111,008 | €96,502 | €123,520 | ▲ 28.0% |
| Amounts payable after more than one year17 | €15,827 | €6,581 | €0 | €53,551 | €44,921 | €39,691 | €49,732 | €58,423 | ▲ 17.5% |
| Other amounts payable178/9 | - | - | - | €53,551 | €44,921 | €39,691 | €49,732 | €58,423 | ▲ 17.5% |
| Amounts payable within one year42/48 | €28,433 | €37,090 | €24,938 | €33,177 | €58,663 | €71,317 | €46,771 | €58,931 | ▲ 26.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0 | €16 | €0 | €2,462 | €762 | ▼ 69.0% |
| Trade debts44 | €8,086 | €8,927 | €4,703 | €9,970 | €0 | €5,120 | €18,283 | €5,414 | ▼ 70.4% |
| Suppliers440/4 | - | - | - | €9,970 | €0 | €5,120 | €18,283 | €5,414 | ▼ 70.4% |
| Taxes, remuneration and social security45 | - | - | - | €21,258 | €56,058 | €63,134 | €22,516 | €49,074 | ▲ 118% |
| Taxes450/3 | - | - | - | €18,175 | €52,975 | €60,051 | €22,516 | €49,074 | ▲ 118% |
| Remuneration and social security454/9 | - | - | - | €3,083 | €3,083 | €3,083 | €0 | - | - |
| Other amounts payable47/48 | - | - | - | €1,950 | €2,590 | €3,062 | €3,510 | €3,680 | ▲ 4.8% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | - | €6,166 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,700 | €31,938 | €23,191 | €66,356 | €77,811 | €63,022 | €65,736 | €139,594 | ▲ 112% |
| + Depreciation and write-downs630 | €29,466 | €23,141 | €22,255 | €14,951 | €14,978 | €19,055 | €20,318 | €21,205 | ▲ 4.4% |
| Operating cash flow (approximation) | €57,166 | €55,079 | €45,445 | €81,307 | €92,790 | €82,077 | €86,054 | €160,800 | ▲ 86.9% |
| Investment in fixed assets (approximation) | - | €65,174 | -€8,475 | -€16,867 | -€8,035 | -€45,559 | -€4,702 | -€2,994 | ▲ 36.3% |
| Change in cash | - | €99,449 | €20,620 | €95,477 | €20,340 | -€45,597 | -€3,459 | -€12,157 | ▼ 251% |
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 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00468663 |
| 31-12-2024 | abbreviated format | 27-08-2025 | 2025-00423912 |
| 31-12-2023 | abbreviated format | 28-06-2024 | 2024-00173962 |
| 31-12-2022 | abbreviated format | 29-09-2023 | 2023-00466511 |
| 31-12-2021 | abbreviated format | 31-05-2022 | 2022-20038774 |
| 31-12-2020 | abbreviated format | 31-05-2021 | 2021-15800260 |
| 31-12-2019 | abbreviated format | 17-06-2020 | 2020-17700119 |
| 31-12-2018 | abbreviated format | 28-08-2019 | 2019-52000393 |
| 31-12-2017 | micro format | 25-07-2018 | 2018-37000072 |
| 31-12-2016 | abbreviated format | 28-08-2017 | 2017-48000110 |
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 |
|---|---|
| Dutrieue Lydia |
|
| Vanden Borre Koen |
|
| LIBERT Steven |
|
| NOYEZ Delphine |
|
Owners and capital
Capital and shareholders
- 15-05-2024 Converted to unavailable equity · €85,250
- 02-01-2024 Converted to unavailable equity
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
15-05
Gazette deed
Resignations: LIBERT Steven (manager) and NOYEZ Delphine (manager)Reappointments: LIBERT Steven (director) and NOYEZ Delphine (director) · Director discharge · Registered office clause14 facts ▸
- Director resignation, LIBERT Steven (manager)
- Director resignation, NOYEZ Delphine (manager)
- Director reappointment, LIBERT Steven (director (not named in the articles))
- Director reappointment, NOYEZ Delphine (director (not named in the articles))
- Director discharge, LIBERT Steven (manager)
- Director discharge, NOYEZ Delphine (manager)
- Registered office clause, “Blommestraat 72,8800 Roeselare, VIJFDE BESLUIT” (deed in Dutch)
- Power of attorney
- Power of attorney, Niels DEBAKKER
- General meeting, 11-12-2023
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- +2 further facts in this act
02-01
Gazette deed
Resignation: Vanden Borre Koen (manager)Appointments: Vanden Borre Koen (director) and Dutrieue Lydia (director) · Director discharge · Registered-office move12 facts ▸
- Director resignation, Vanden Borre Koen (manager)
- Director appointment, Vanden Borre Koen (director (not named in the articles))
- Director appointment, Dutrieue Lydia (director (not named in the articles))
- Director discharge, Vanden Borre Koen
- Registered-office move, 9680 Maarkedal,Onderbossenaarstraat 29
- Power of attorney
- Power of attorney, Niels Debakker
- General meeting, “eenparigheid van stemmen, Rechtspersonenregister Gent,afdeling Kortrijk” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “vormen en meerderheden van statutenwijziging, opheffen en beschikbaar maken voor uitkering” (deed in Dutch)
- Kind of shares, 1600, “gelijk recht in winstverdeling” (deed in Dutch)
Show earlier events
About the unread acts
Of the 7 Belgian Official Gazette deeds we know for this company, 2 have 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 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36302B0207/00K000 | Flanders | 296 m² | 1 · 157 m² | 8.6 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend goed,alle verrichtingen met betrekking tot onroerende goederen,het…” (deed in Dutch)
4 activities (deed in Dutch)
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend goed,alle verrichtingen met betrekking tot onroerende goederen,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,verkavelen,inrichten van onroerende goederen en onroerende zakelijke rechten.
- Handelsbemiddeling in scheikundige producten en adviesverstrekking in verband met de toepassing ervan.
- Daartoe kan de vennootschap samenwerken met,deelnemen in,of op gelijk welke wijze,rechtstreeks of zijdelings,belangen nemen in ondernemingen van allerlei aard,alle verbintenissen aangaan,beheer van roerend en onroerend patrimonium,kredieten en leningen toestaan,zich voor derden borgstellen door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak.
- Kortom zij mag alles doen wat verband houdt met bovengenoemd voorwerp of kan bijdragen tot de realisatie ervan.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CHEMARK
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)
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.
- “Met of zonder beperking van duur, algemene vergadering bepaalt aantal,duur opdracht en bij meerdere bevoegdheid” (deed in Dutch)“Geheel bevoegdheden toegekend met mogelijkheid deel te delegeren, iedere bestuurder alleen optredend mag alle handelingen stellen nodig of…” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of May at 11:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vereist voor statutenwijziging, ontbinding op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Indien geen andere vereffenaar benoemd, algemene vergadering” (deed in Dutch)1 more provision on this in the deed