CHEMFOR
ActiveCHEMFOR has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €221k and a net result of €-5k. Equity is growing by ~33.3% per year across the filed fiscal years. Its solvency ranks better than 79% of 11282 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▼-14
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 4.36 against 4.23 in 2024; short-term debt: 22.3% and cash: 39.8% of total assets), and 22.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
26 d late
2023
50 d early
2022
87 d early
2021
25 d early
2020
4 d late
2019
3 d late
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€221k▼ 2.4%
2024 · €226k
2018: €36k
2019: €55k
2020: €78k
2021: €85k
2022: €153k
2023: €199k
2024: €226k
2018 → 2025
Total assets
€284k▼ 2.5%
2024 · €292k
2018: €125k
2019: €157k
2020: €180k
2021: €231k
2022: €258k
2023: €445k
2024: €292k
2018 → 2025
Net result
€-5k
2024 · €27k
2018: €10k
2019: €20k
2020: €29k
2021: €37k
2022: €70k
2023: €46k
2024: €27k
2018 → 2025
Working capital
€213k▲ 0.8%
2024 · €211k
2018: €32k
2019: €27k
2020: €52k
2021: €75k
2022: €130k
2023: €192k
2024: €211k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€85k-€153k▲ 79.0%€199k▲ 30.3%€226k▲ 13.5%€221k▼ 2.4%
Operating result€47k-€80k▲ 70.5%€69k▼ 12.8%€40k▼ 41.9%€466▼ 98.8%
Net result€37k-€70k▲ 86.1%€46k▼ 33.4%€27k▼ 41.9%€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 99% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €284k
Fixed assets
€8k▼ 47.4%
Current assets
€276k▼ 0.1%
Equity and liabilities €284k
Equity
€221k▼ 2.4%
Debt
€63k▼ 2.9%
The debt ratio falls from 22.4% to 22.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€5k▼
2024 · €45k
Cash flow
€-521▼
2024 · €32k
Solvency
77.7%▲
2024 · 77.6%
Current ratio
4.36▲
2024 · 4.23
Quick ratio
3.92▼
2024 · 4.23
Debt / equity
0.29▼
2024 · 0.29
ROE
-2.5%▼
2024 · 11.9%
ROA
-1.9%▼
2024 · 9.2%
Interest coverage
6.44▼
2024 · 46.09
Debt
€63k▼
2024 · €65k
Debt ≤ 1 year
€63k▼
2024 · €65k
Income taxes
€47▼
2024 · €13k
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€292k€284k▼
Fixed assets21/28€15k€8k▼
Tangible fixed assets22/27€13k€8k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€1k€626▼
Other tangible fixed assets26€8k€6k▼
Financial fixed assets28€2k€0▼
Current assets29/58€276k€276k▼
Stocks and contracts in progress3€0€28k▲
Stocks30/36€0€28k▲
Amounts receivable within one year40/41€164k€136k▼
Trade receivables40€33k€26k▼
Other amounts receivable41€131k€110k▼
Cash at bank and in hand54/58€112k€113k▲
Equity and liabilities
Total equity and liabilities10/49€292k€284k▼
Equity10/15€226k€221k▼
Contributions10/11€14k€14k=
Reserves13€87k€87k=
Distributable reserves133€87k€87k=
Profit (loss) carried forward14€125k€120k▼
Amounts payable17/49€65k€63k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€65k€63k▼
Current portion of amounts payable after more than one year42€0-
Financial debts43€18k€0▼
Credit institutions430/8€18k€0▼
Trade debts44€43k€62k▲
Suppliers440/4€43k€62k▲
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€4k€2k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€720€0▼
Accrued charges and deferred income492/3-€0
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€11k€-11k▼
Other operating charges640/8€420€11k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€57k€5k▼
Operating profit (loss)9901€40k€466▼
Financial income75/76B€750€352▼
Recurring financial income75€750€352▼
Financial charges65/66B€980€6k▲
Recurring financial charges65€980€832▼
Non-recurring financial charges66B€0€5k▲
Profit (loss) for the period before taxes9903€40k€-5k▼
Income taxes67/77€13k€47▼
Profit (loss) for the period9904€27k€-5k▼
Profit (loss) for the period to be appropriated9905€27k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€152k€120k▼
Profit (loss) brought forward from the previous period14P€125k€125k▲
Transfer to equity691/2€27k-
To the legal reserve6920€27k-
The notes to these accounts (4 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Weakest financial yearnet €-5k ▼120%
Net result drops to €-5k, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 4.23
Current ratio from 1.83 to 4.23; short-term debt falls from €232k to €65k.
31-12
Financial
Equity above €200kEq €226k ▲13.5%
7 profitable years in a row build equity to €226k.
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €70k ▲86.1%
Operating result €80k, net result €70k, both a record.
31-12
Financial
Equity above €150kEq €153k ▲79%
5 profitable years in a row build equity to €153k.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Plombières · 2 establishment units 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.
Rue Vicaire Jean Arnolds 54850 PlombièresGround area
986 m²
Building footprint
227 m²
Volume, LiDAR
985 m³
2 parcels, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
TSBC SPRL
since 20072.163.191.753
J Décoration
since 20222.338.256.759
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63053A0670/00N000 | Wallonia | 558 m² | 1 · 86 m² | - |
| 63084A0250/02N000 | Wallonia | 428 m² | 1 · 141 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Allion
BE 0743.375.336
Turnhout · Eq €220k
OPTIEK SNOECK
BE 0463.987.028
Deinze · Eq €221k
MEDICENTRAL
BE 0821.797.064
Elsene · Eq €222k
STIJLINTERIEUR
BE 0429.290.524
Geraardsbergen · Eq €222k
BYSIX
BE 0713.773.609
Mouscron · Eq €219k
Of 1,745 companies in sector 46150 we hold annual accounts for 757. 531 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-05-2007
Fiscal year end31-12
Activities, NACEBEL
46150Agents in the wholesale of furniture, household goods and hardware
51150
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
51180
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.