Chemistry
ActiveThe computed 12-month bankruptcy probability of Chemistry is 3.1% (moderate). The 2025 annual accounts show equity of €126k and a net result of €18k. Equity is growing by ~20.2% per year across the filed fiscal years. Its solvency ranks better than 54% of 3616 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
81
/ 100
Excellent▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-28
Solvency63▲+18
Growth78=
Stability100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 1.18 in 2024), and 66.5% 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+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
33.5%
Return on assets
4.8%
Age of the figures
15 mo
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 · 6 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
64 d early
2022
46 d early
2021
10 d early
2020
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close15-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€126k▲ 16.7%
2024 · €108k
2020: €13k
2021: €30k
2022: €129k
2023: €176k
2024: €108k
2020 → 2025
Total assets
€376k▼ 7.1%
2024 · €405k
2020: €100k
2021: €293k
2022: €466k
2023: €455k
2024: €405k
2020 → 2025
Net result
€18k▼ 63.8%
2024 · €50k
2020: €791
2021: €16k
2022: €101k
2023: €46k
2024: €50k
2020 → 2025
Working capital
€70k▲ 140%
2024 · €29k
2020: €9k
2021: €-786
2022: €52k
2023: €96k
2024: €29k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€30k-€129k▲ 337%€176k▲ 35.8%€108k▼ 38.5%€126k▲ 16.7%
Operating result€20k-€106k▲ 416%€65k▼ 38.5%€76k▲ 17.2%€33k▼ 56.7%
Net result€16k-€101k▲ 520%€46k▼ 54.3%€50k▲ 7.6%€18k▼ 63.8%
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 falls in 2025; 2025 is 57% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €376k
Fixed assets
€162k▼ 24.5%
Current assets
€215k▲ 12.5%
Equity and liabilities €376k
Equity
€126k▲ 16.7%
Debt
€250k▼ 15.8%
The debt ratio falls from 73.3% to 66.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€103k▼
2024 · €142k
Cash flow
€88k▼
2024 · €116k
Solvency
33.5%▲
2024 · 26.7%
Current ratio
1.48▲
2024 · 1.18
Quick ratio
1.20▲
2024 · 0.96
Debt / equity
1.98▼
2024 · 2.75
ROE
14.3%▼
2024 · 46.2%
ROA
4.8%▼
2024 · 12.3%
Interest coverage
15.71▼
2024 · 17.25
Debt
€250k▼
2024 · €297k
Debt ≤ 1 year
€145k▼
2024 · €162k
Debt > 1 year
€102k▼
2024 · €130k
Income taxes
€8k▼
2024 · €18k
Staff costs
€432k▲
2024 · €409k
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€405k€376k▼
Fixed assets21/28€214k€162k▼
Tangible fixed assets22/27€199k€147k▼
Plant, machinery and equipment23€53k€43k▼
Furniture and vehicles24€8k€5k▼
Leasing and similar rights25€16k€14k▼
Other tangible fixed assets26€121k€86k▼
Financial fixed assets28€15k€15k=
Current assets29/58€191k€215k▲
Stocks and contracts in progress3€36k€40k▲
Stocks30/36€36k€40k▲
Amounts receivable within one year40/41-€8k
Other amounts receivable41-€8k
Cash at bank and in hand54/58€154k€166k▲
Deferred charges and accrued income490/1€413€456▲
Equity and liabilities
Total equity and liabilities10/49€405k€376k▼
Equity10/15€108k€126k▲
Contributions10/11€13k€13k=
Outside capital11€13k€13k=
Other1109/19€13k€13k=
Reserves13€96k€114k▲
Distributable reserves133€96k€114k▲
Amounts payable17/49€297k€250k▼
Amounts payable after more than one year17€130k€102k▼
Financial debts170/4€130k€102k▼
Amounts payable within one year42/48€162k€145k▼
Current portion of amounts payable after more than one year42€45k€50k▲
Trade debts44€42k€41k▼
Suppliers440/4€42k€41k▼
Taxes, remuneration and social security45€67k€52k▼
Taxes450/3€31k€10k▼
Remuneration and social security454/9€36k€42k▲
Other amounts payable47/48€7k€2k▼
Accrued charges and deferred income492/3€5k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€409k€432k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66k€70k▲
Other operating charges640/8€4k€4k▲
Gross operating margin9900€555k€539k▼
Operating profit (loss)9901€76k€33k▼
Financial income75/76B€197€86▼
Recurring financial income75€197€86▼
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€68k€26k▼
Income taxes67/77€18k€8k▼
Profit (loss) for the period9904€50k€18k▼
Profit (loss) for the period to be appropriated9905€50k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€50k€18k▼
Transfer from equity791/2€68k-
Transfer to equity691/2-€18k
To other reserves6921-€18k
Profit to be distributed694/7€118k-
Return on contributions (dividend)694€118k-
Social balance
Average headcount (FTE)908710.99.9▼
The notes to these accounts (14 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
25-03
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director discharge4 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director discharge4 facts ▸
- General meeting, 26/02/2026
- Director resignation, Annick Victoire Machiels (niet-statutaire bestuurder)
- Director discharge, Annick Victoire Machiels
- Power of attorney, BV Helsen Accountants
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
28-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Equity above €150kEq €176k ▲35.8%
4 profitable years in a row build equity to €176k.
2022
16-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Highest result since 2020net €101k ▲520%
Operating result €106k, net result €101k, both a record.
30-06
Financial
Equity above €100kEq €129k ▲337%
3 profitable years in a row build equity to €129k.
21-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-12-2025
Annick Victoire Machiels: Resigned as Non-statutory director
01-01-2024
Kjell François Theunis: Resigned as Director
Location & real-estate footprint
Registered office, Tessenderlo-Ham · 1 establishment unit since 2019
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.
Diesterstraat (C) 503980 Tessenderlo-HamGround area
689 m²
Building footprint
414 m²
Volume, LiDAR
2,764 m³
2 parcels, Flanders · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Chemistry
since 20192.291.048.938
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71057A1276/00S000 | Flanders | 415 m² | 1 · 162 m² | 10.5 m · 2 fl. |
| 71057A0734/00A004 | Flanders | 273 m² | 1 · 252 m² | 13.0 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteTessenderlo-Ham2.291.048.938
Dual-learning approval
8 live approvalsHulpkelner (vwo)
Hulpkelner duaal (so)
Hulpkok (vwo)
Keukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Kok (vwo)
Show 2 more
Kok duaal (so)
Restaurant en keuken duaal (so)
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Of 20,231 companies in sector 56111 we hold annual accounts for 11,313. 9,196 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-07-2019
Fiscal year end30-06
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.