CHEMTECH
ActiveSummary
CHEMTECH has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €779,271 and a net result of €27,203. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 75% of 5046 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▼-2
Solvency94▲+1
Growth52=
Track record94
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 1.94; short-term debt: 31.1% and cash: 24.9% of total assets), and 31.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
68.9%
Return on assets
2.4%
Age of the figures
9 mo
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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
58 d early
2024
56 d early
2023
54 d early
2022
52 d early
2021
23 d late
2021
47 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 41 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€27,203▼ 44.4%
2024 · €48,907
Working capital
€331,652▼ 47.4%
2024 · €630,397
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€132,633-€76,644▼ 42.2%€77,857▲ 1.6%€56,056▼ 28.0%€39,136▼ 30.2%
Net result€81,744within the sector's middle half-€19,691within the sector's middle half▼ 75.9%€52,593within the sector's middle half▲ 167%€48,907within the sector's middle half▼ 7.0%€27,203within the sector's middle half▼ 44.4%
Equity€630,878within the sector's middle half-€650,569within the sector's middle half▲ 3.1%€703,161within the sector's middle half▲ 8.1%€752,068within the sector's middle half▲ 7.0%€779,271within the sector's middle half▲ 3.6%
Total assets€639,598below the sector's middle half-€1.0mwithin the sector's middle half▲ 58.9%€1.1mwithin the sector's middle half▲ 4.4%€1.1mwithin the sector's middle half▲ 4.2%€1.1mbelow the sector's middle half▲ 2.3%
Debt€8,721-€365,655▲ 4,093%€358,278▼ 2.0%€353,898▼ 1.2%€352,501▼ 0.4%
Working capital€525,486within the sector's middle half-€485,640within the sector's middle half▼ 7.6%€559,338within the sector's middle half▲ 15.2%€630,397within the sector's middle half▲ 12.7%€331,652within the sector's middle half▼ 47.4%
Solvency98.6%above the sector's middle half-64.0%above the sector's middle half▼ 34.6pp66.2%above the sector's middle half▲ 2.2pp68.0%above the sector's middle half▲ 1.8pp68.9%within the sector's middle half▲ 0.9pp
Current ratio61.26above the sector's middle half-32.02above the sector's middle half▼ 29.2468.57above the sector's middle half▲ 36.551.94within the sector's middle half
Return on assets (ROA)12.8%above the sector's middle half-1.9%within the sector's middle half▼ 10.8pp5.0%within the sector's middle half▲ 3.0pp4.4%within the sector's middle half▼ 0.5pp2.4%within the sector's middle half▼ 2.0pp
Staff (FTE)0below the sector's middle half0below the sector's middle half0below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 30% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets
€447,619 ▼ 5.1%
Current assets
€684,153 ▲ 7.9%
Equity and liabilities €1.1m
Equity
€779,271 ▲ 3.6%
Debt
€352,501 ▼ 0.4%
Debt's share of the balance-sheet total falls from 32.0% to 31.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€64,385▼
2024 · €81,189
Cash flow
€52,452▼
2024 · €74,040
Debt to equity
0.45▼
2024 · 0.47
ROE
3.5%▼
2024 · 6.5%
Interest coverage
9.97▼
2024 · 12.08
Debt ≤ 1 year
€352,501▲
2024 · €3,898
Debt > 1 year
€0▼
2024 · €350,000
Income taxes
€10,367▲
2024 · €3,272
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,639 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 95% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.4%
went bankrupt
3.6%
stopped otherwise
95%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 1,639 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,253 | €67,763 | €24,376 | €25,133 | €25,249 | ▲ 0.5% |
| Other operating charges640/8 | €409 | €2,828 | €2,080 | €3,056 | €2,814 | ▼ 7.9% |
| Gross operating margin9900 | €134,295 | €147,234 | €104,313 | €84,244 | €67,199 | ▼ 20.2% |
| Operating profit (loss)9901 | €132,633 | €76,644 | €77,857 | €56,056 | €39,136 | ▼ 30.2% |
| Financial income75/76B | - | €11,025 | €2,172 | €2,845 | €4,891 | ▲ 71.9% |
| Recurring financial income75 | - | €11,025 | €2,172 | €2,845 | €4,891 | ▲ 71.9% |
| Financial charges65/66B | €294 | €50,594 | €7,266 | €6,722 | €6,458 | ▼ 3.9% |
| Recurring financial charges65 | €294 | €50,594 | €7,266 | €6,722 | €6,458 | ▼ 3.9% |
| Profit (loss) for the period before taxes9903 | €132,339 | €37,075 | €72,764 | €52,179 | €37,570 | ▼ 28.0% |
| Income taxes67/77 | €50,595 | €17,384 | €20,171 | €3,272 | €10,367 | ▲ 217% |
| Profit (loss) for the period9904 | €81,744 | €19,691 | €52,593 | €48,907 | €27,203 | ▼ 44.4% |
| Profit (loss) for the period to be appropriated9905 | €81,744 | €19,691 | €52,593 | €48,907 | €27,203 | ▼ 44.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €639,598 | €1.0m | €1.1m | €1.1m | €1.1m | ▲ 2.3% |
| Fixed assets21/28 | €105,391 | €514,928 | €493,823 | €471,671 | €447,619 | ▼ 5.1% |
| Intangible fixed assets21 | €9,983 | €9,495 | €9,007 | €8,519 | €8,031 | ▼ 5.7% |
| Tangible fixed assets22/27 | €721 | €410,746 | €390,129 | €368,465 | €344,901 | ▼ 6.4% |
| Land and buildings22 | - | €382,950 | €365,119 | €347,288 | €329,457 | ▼ 5.1% |
| Furniture and vehicles24 | €721 | €27,796 | €22,732 | €21,177 | €15,445 | ▼ 27.1% |
| Other tangible fixed assets26 | - | - | €2,278 | - | - | - |
| Financial fixed assets28 | €94,687 | €94,687 | €94,687 | €94,687 | €94,687 | = |
| Current assets29/58 | €534,207 | €501,296 | €567,616 | €634,295 | €684,153 | ▲ 7.9% |
| Amounts receivable within one year40/41 | €77,623 | €23,554 | €43,645 | €30,304 | €34,956 | ▲ 15.4% |
| Trade receivables40 | €76,489 | €6,699 | €40,427 | €27,685 | €28,828 | ▲ 4.1% |
| Other amounts receivable41 | €1,134 | €16,855 | €3,219 | €2,620 | €6,128 | ▲ 134% |
| Current investments50/53 | €400,000 | €0 | €357,084 | €357,084 | €367,770 | ▲ 3.0% |
| Cash at bank and in hand54/58 | €56,584 | €477,742 | €166,887 | €246,907 | €281,426 | ▲ 14.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €639,598 | €1.0m | €1.1m | €1.1m | €1.1m | ▲ 2.3% |
| Equity10/15 | €630,878 | €650,569 | €703,161 | €752,068 | €779,271 | ▲ 3.6% |
| Contributions10/11 | €190,485 | €190,485 | €190,485 | €190,485 | €190,485 | = |
| Capital10 | €190,485 | €190,485 | €190,485 | €190,485 | €190,485 | = |
| Issued capital100 | €190,485 | €190,485 | €190,485 | €190,485 | €190,485 | = |
| Reserves13 | €73,649 | €73,649 | €73,649 | €73,649 | €73,649 | = |
| Non-distributable reserves130/1 | €19,049 | €19,049 | €19,049 | €19,049 | €19,049 | = |
| Legal reserve130 | €19,049 | €19,049 | €19,049 | €19,049 | €19,049 | = |
| Distributable reserves133 | €54,600 | €54,600 | €54,600 | €54,600 | €54,600 | = |
| Profit (loss) carried forward14 | €366,744 | €386,435 | €439,028 | €487,935 | €515,138 | ▲ 5.6% |
| Amounts payable17/49 | €8,721 | €365,655 | €358,278 | €353,898 | €352,501 | ▼ 0.4% |
| Amounts payable after more than one year17 | - | €350,000 | €350,000 | €350,000 | €0 | ▼ 100% |
| Financial debts170/4 | - | €350,000 | €350,000 | €350,000 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €8,721 | €15,655 | €8,278 | €3,898 | €352,501 | ▲ 8,944% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €350,000 | - |
| Trade debts44 | €206 | €7,140 | €1,224 | €3,207 | €1,438 | ▼ 55.2% |
| Suppliers440/4 | €206 | €7,140 | €1,224 | €3,207 | €1,438 | ▼ 55.2% |
| Taxes, remuneration and social security45 | €8,515 | €8,515 | €7,054 | €535 | €535 | = |
| Taxes450/3 | €8,515 | €8,515 | €7,054 | €535 | €535 | = |
| Other amounts payable47/48 | - | - | - | €156 | €528 | ▲ 238% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €81,744 | €19,691 | €52,593 | €48,907 | €27,203 | ▼ 44.4% |
| + Depreciation and write-downs630 | €1,253 | €67,763 | €24,376 | €25,133 | €25,249 | ▲ 0.5% |
| Operating cash flow (approximation) | €82,998 | €87,454 | €76,969 | €74,040 | €52,452 | ▼ 29.2% |
| Investment in fixed assets (approximation) | - | -€477,300 | -€3,271 | -€2,981 | -€1,198 | ▲ 59.8% |
| Change in cash | - | €421,157 | -€310,855 | €80,020 | €34,520 | ▼ 56.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity doublescurrent ratio 162.74
Current ratio from 68.57 to 162.74; short-term debt falls from €8,278 to €3,898.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity doublescurrent ratio 68.57
Current ratio from 32.02 to 68.57; short-term debt falls from €15,655 to €8,278.
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €19,691 ▼75.9%
Net result drops to €19,691, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 23 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Mouscron · 1 establishment unit since 2021
Ground area
517 m²
Building footprint
159 m²
Volume, LiDAR
2,254 m³
Parcel 54432C0030/00K002, Wallonia · tallest building 16.7 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
CHEMTECH
since 20212.321.815.556
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54432C0030/00K002 | Wallonia | 517 m² | 1 · 159 m² | 16.7 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
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
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
94.88%
According to the 2025 annual accounts of CHEMTECH and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
875500Q18XTHR80R6Z45
Similar companies · same sector, comparable size
DE MOL
BE 0881.305.673
Jodoigne · Eq €782,787
TRUDIPLAS
BE 0428.609.247
Wetteren · Eq €774,676
AQUAPRO & IDEMA SERVICES
BE 0427.086.446
Ciney · Eq €784,236
DROOGMANS BART
BE 0415.908.977
Geetbets · Eq €771,035
ERBIVO
BE 0434.953.245
Opwijk · Eq €764,879
Of 1,228 companies in sector 46851 we hold annual accounts for 528. 352 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded16-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
46851Wholesale of industrial chemicals
E-invoicing
Reachable via Peppol
Peppol ID
0208:0769742114
Registered
07-01-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.