Chen's Algemene Voeding
ActiveThe computed 12-month bankruptcy probability of Chen's Algemene Voeding is 2.4% (moderate). The 2025 annual accounts show equity of €446k and a net result of €129k. Equity is growing by ~40.9% per year across the filed fiscal years. Its solvency ranks better than 26% of 10252 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▲+10
Solvency42▲+2
Growth78=
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity tight (current ratio 1.22 against 1.23 in 2024; short-term debt: 58.5% and cash: 4.6% of total assets), and 83.4% 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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
16.6%
Return on assets
4.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-09-2026, 32 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 · 5 filingsDeviation from the deadline
2025
32 d late
2024
6 d early
2023
2 d late
2022
2 d late
2021
61 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€446k▲ 40.9%
2024 · €317k
2021: €46k
2022: €149k
2023: €240k
2024: €317k
2021 → 2025
Total assets
€2.69M▲ 29.2%
2024 · €2.08M
2021: €432k
2022: €2.56M
2023: €1.07M
2024: €2.08M
2021 → 2025
Net result
€129k▲ 67.8%
2024 · €77k
2021: €41k
2022: €103k
2023: €91k
2024: €77k
2021 → 2025
Working capital
€349k▲ 41.4%
2024 · €247k
2021: €20k
2022: €100k
2023: €171k
2024: €247k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€46k-€149k▲ 224%€240k▲ 61.0%€317k▲ 32.2%€446k▲ 40.9%
Operating result€54k-€150k▲ 175%€165k▲ 10.0%€158k▼ 4.3%€251k▲ 59.6%
Net result€41k-€103k▲ 151%€91k▼ 11.7%€77k▼ 15.1%€129k▲ 67.8%
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 recovers in 2025; 2025 is 60% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.69M
Fixed assets
€769k▲ 0.4%
Current assets
€1.92M▲ 46.0%
Equity and liabilities €2.69M
Equity
€446k▲ 40.9%
Debt
€2.25M▲ 27.2%
The debt ratio falls from 84.8% to 83.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€329k▲
2024 · €193k
Cash flow
€207k▲
2024 · €112k
Solvency
16.6%▲
2024 · 15.2%
Current ratio
1.22▼
2024 · 1.23
Quick ratio
0.74▲
2024 · 0.62
Debt / equity
5.03▼
2024 · 5.57
ROE
29.0%▲
2024 · 24.3%
ROA
4.8%▲
2024 · 3.7%
Interest coverage
4.49▲
2024 · 3.42
Debt
€2.25M▲
2024 · €1.77M
Debt ≤ 1 year
€1.57M▲
2024 · €1.07M
Debt > 1 year
€670k▼
2024 · €695k
Income taxes
€49k▲
2024 · €30k
Staff costs
€173k▲
2024 · €138k
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€2.08M€2.69M▲
Fixed assets21/28€766k€769k▲
Intangible fixed assets21€16k€14k▼
Tangible fixed assets22/27€736k€742k▲
Land and buildings22€493k€480k▼
Plant, machinery and equipment23€236k€220k▼
Furniture and vehicles24€7k€6k▼
Leasing and similar rights25-€36k
Financial fixed assets28€13k€13k=
Current assets29/58€1.32M€1.92M▲
Stocks and contracts in progress3€652k€757k▲
Stocks30/36€652k€757k▲
Amounts receivable within one year40/41€533k€1.04M▲
Trade receivables40€528k€1.04M▲
Other amounts receivable41€5k€5k▲
Cash at bank and in hand54/58€131k€124k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€2.08M€2.69M▲
Equity10/15€317k€446k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€312k€441k▲
Amounts payable17/49€1.77M€2.25M▲
Amounts payable after more than one year17€695k€670k▼
Financial debts170/4€695k€670k▼
Amounts payable within one year42/48€1.07M€1.57M▲
Current portion of amounts payable after more than one year42€145k€363k▲
Trade debts44€777k€977k▲
Suppliers440/4€777k€977k▲
Taxes, remuneration and social security45€146k€234k▲
Taxes450/3€113k€196k▲
Remuneration and social security454/9€33k€39k▲
Other amounts payable47/48€2k-
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Non-recurring operating income76A-€29k
Remuneration, social security and pensions62€138k€173k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€77k▲
Other operating charges640/8€149k€228k▲
Gross operating margin9900€479k€731k▲
Operating profit (loss)9901€158k€251k▲
Financial income75/76B€6k€273▼
Recurring financial income75€6k€273▼
Financial charges65/66B€56k€73k▲
Recurring financial charges65€56k€73k▲
Profit (loss) for the period before taxes9903€107k€178k▲
Income taxes67/77€30k€49k▲
Profit (loss) for the period9904€77k€129k▲
Profit (loss) for the period to be appropriated9905€77k€129k▲
Appropriation of the result
Profit (loss) to be appropriated9906€312k€441k▲
Profit (loss) brought forward from the previous period14P€235k€312k▲
Social balance
Average headcount (FTE)90874.03.7▼
The notes to these accounts (15 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
01-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 32 days late
2025
31-12
Financial
Highest result since 2021net €129k ▲67.8%
Operating result €251k, net result €129k, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 2 days late
2023
31-12
Financial
Equity above €200kEq €240k ▲61%
3 profitable years in a row build equity to €240k.
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
31-12
Financial
Equity above €100kEq €149k ▲224%
2 profitable years in a row build equity to €149k.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Antwerpen · 3 establishment units since 2021
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.
Van Wesenbekestraat 662060 AntwerpenGround area
1.2 ha
Building footprint
1,595 m²
Volume, LiDAR
12,115 m³
2 parcels, Flanders · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
3 establishment units
Chen's Algemene Voeding
since 20212.314.287.663
CHEN'S ALGEMENE VOEDING
since 20222.336.914.496
Chen's Algemene Voeding
since 20242.367.540.663
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11044C0115/00E000 | Flanders | 1.2 ha | 1 · 1,516 m² | 8.2 m · 2 fl. |
| 11808H0961/00N000 | Flanders | 79 m² | 1 · 79 m² | 15.6 m · 4 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
3 sitesAntwerpen2.314.287.663
Stabroek2.367.540.663
Stabroek2.336.914.496
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Of 466 companies in sector 47230 we hold annual accounts for 269. 169 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-02-2021
Fiscal year end31-12
Activities, NACEBEL
46323Wholesale trade
47230Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.