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CHENZE

Active
Private limited companyfounded 20224 yrs activeAv. du Bourg. Jean Materne(JB) 219, 5100 Namur, BelgiumKBO/BCE: BE 0789.318.791
Summary

The computed 12-month bankruptcy probability of CHENZE is 5.9% (elevated). The 2024 annual accounts show equity of €68,531 and a net result of -€6,126. Its solvency ranks better than 60% of 18940 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability22▼-71
Solvency65▼-18
Growth32
Track record94
Bankruptcy probability, 12 months
5.9% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days only on tighter terms
Liquidity short (current ratio 0.85 against 0.79 in 2023; short-term debt: 59.7% and cash: 30.8% of total assets), and 59.7% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
40.3%
Return on assets
-3.6%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
24 d early
2023
25 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 25 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

CHENZE was incorporated on 2 August 2022 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€68,531▼ 8.2%
2023 · €74,657
Total assets
€169,904▲ 31.4%
2023 · €129,297
Net result
-€6,126
2023 · €24,657
Working capital
-€14,788▼ 31.9%
2023 · -€11,214
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, 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
Line20232024
Operating result€34,732--€4,121
Net result€24,657above the sector's middle half--€6,126below the sector's middle half
Equity€74,657within the sector's middle half-€68,531within the sector's middle half▼ 8.2%
Total assets€129,297within the sector's middle half-€169,904within the sector's middle half▲ 31.4%
Debt€54,639-€101,373▲ 85.5%
Working capital-€11,214within the sector's middle half--€14,788within the sector's middle half▼ 31.9%
Solvency57.7%above the sector's middle half-40.3%within the sector's middle half▼ 17.4pp
Current ratio0.79within the sector's middle half-0.85within the sector's middle half▲ 0.06
Return on assets (ROA)19.1%above the sector's middle half--3.6%within the sector's middle half▼ 22.7pp
Staff (FTE)7.8-7.4▼ 5.1%
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2023: €34,732€34,732Net result 2023: €24,657€24,657Operating result 2024: -€4,121-€4,121Net result 2024: -€6,126-€6,12620232024-€20,000€0€20,000€40,000Operating result 2023: €34,732€34,700Net result 2023: €24,657€24,700Operating result 2024: -€4,121-€4,120Net result 2024: -€6,126-€6,13020232024
The operating result turns negative in 2024: a loss of €4,121 after €34,732 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €169,904
Fixed assets €83,319 ▼ 3.0%
Current assets €86,585 ▲ 99.4%
Equity and liabilities €169,904
Equity €68,531 ▼ 8.2%
Debt €101,373 ▲ 85.5%
Debt's share of the balance-sheet total rises from 42.3% to 59.7%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€5,611▼
2023 · €40,369
Cash flow
€3,605▼
2023 · €30,294
Quick ratio
0.65▼
2023 · 0.79
Debt to equity
1.48▲
2023 · 0.73
ROE
-8.9%▼
2023 · 33.0%
Interest coverage
0.89▼
2023 · 12.03
Debt ≤ 1 year
€101,373▲
2023 · €54,639
Income taxes
-€4,277▼
2023 · €6,720
Staff costs
€184,111▼
2023 · €252,275
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,148 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss
2.1% went bankrupt
5.8% stopped otherwise
92% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.9% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 2,148 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet Code20232024
Assets
Total assets20/58€129,297€169,904▲
Fixed assets21/28€85,871€83,319▼
Intangible fixed assets21€47,479€42,479▼
Tangible fixed assets22/27€38,391€40,839▲
Plant, machinery and equipment23€38,391€40,839▲
Current assets29/58€43,426€86,585▲
Stocks and contracts in progress3-€20,539
Stocks30/36-€20,539
Amounts receivable within one year40/41-€6,220
Other amounts receivable41-€6,220
Cash at bank and in hand54/58€43,426€52,327▲
Deferred charges and accrued income490/1-€7,500
Equity and liabilities
Total equity and liabilities10/49€129,297€169,904▲
Equity10/15€74,657€68,531▼
Contributions10/11€50,000€50,000=
Profit (loss) carried forward14€24,657€18,531▼
Amounts payable17/49€54,639€101,373▲
Amounts payable within one year42/48€54,639€101,373▲
Trade debts44€6,677€40,786▲
Suppliers440/4€6,677€40,786▲
Taxes, remuneration and social security45€27,963€38,236▲
Taxes450/3€27,963€19,584▼
Remuneration and social security454/9€0€18,652▲
Other amounts payable47/48€20,000€22,352▲
Income statement Code20232024
Remuneration, social security and pensions62€252,275€184,111▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,636€9,732▲
Other operating charges640/8€316€12,728▲
Gross operating margin9900€292,960€202,450▼
Operating profit (loss)9901€34,732-€4,121▼
Financial charges65/66B€3,355€6,283▲
Recurring financial charges65€3,355€6,283▲
Profit (loss) for the period before taxes9903€31,378-€10,403▼
Income taxes67/77€6,720-€4,277▼
Profit (loss) for the period9904€24,657-€6,126▼
Profit (loss) for the period to be appropriated9905€24,657-€6,126▼
Appropriation of the result
Profit (loss) to be appropriated9906€24,657€18,531▼
Profit (loss) brought forward from the previous period14P-€24,657

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Remuneration, social security and pensions62€252,275€184,111▼ 27.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,636€9,732▲ 72.7%
Other operating charges640/8€316€12,728▲ 3,930%
Gross operating margin9900€292,960€202,450▼ 30.9%
Operating profit (loss)9901€34,732-€4,121▼ 112%
Financial charges65/66B€3,355€6,283▲ 87.3%
Recurring financial charges65€3,355€6,283▲ 87.3%
Profit (loss) for the period before taxes9903€31,378-€10,403▼ 133%
Income taxes67/77€6,720-€4,277▼ 164%
Profit (loss) for the period9904€24,657-€6,126▼ 125%
Profit (loss) for the period to be appropriated9905€24,657-€6,126▼ 125%
Line20232024Change
Assets
Total assets20/58€129,297€169,904▲ 31.4%
Fixed assets21/28€85,871€83,319▼ 3.0%
Intangible fixed assets21€47,479€42,479▼ 10.5%
Tangible fixed assets22/27€38,391€40,839▲ 6.4%
Plant, machinery and equipment23€38,391€40,839▲ 6.4%
Current assets29/58€43,426€86,585▲ 99.4%
Stocks and contracts in progress3-€20,539-
Stocks30/36-€20,539-
Amounts receivable within one year40/41-€6,220-
Other amounts receivable41-€6,220-
Cash at bank and in hand54/58€43,426€52,327▲ 20.5%
Deferred charges and accrued income490/1-€7,500-
Equity and liabilities
Total equity and liabilities10/49€129,297€169,904▲ 31.4%
Equity10/15€74,657€68,531▼ 8.2%
Contributions10/11€50,000€50,000=
Profit (loss) carried forward14€24,657€18,531▼ 24.8%
Amounts payable17/49€54,639€101,373▲ 85.5%
Amounts payable within one year42/48€54,639€101,373▲ 85.5%
Trade debts44€6,677€40,786▲ 511%
Suppliers440/4€6,677€40,786▲ 511%
Taxes, remuneration and social security45€27,963€38,236▲ 36.7%
Taxes450/3€27,963€19,584▼ 30.0%
Remuneration and social security454/9€0€18,652-
Other amounts payable47/48€20,000€22,352▲ 11.8%
Line20232024Change
Profit (loss) for the period9904€24,657-€6,126▼ 125%
+ Depreciation and write-downs630€5,636€9,732▲ 72.7%
Operating cash flow (approximation)€30,294€3,605▼ 88.1%
Investment in fixed assets (approximation)--€7,180-
Change in cash-€8,901-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
07-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
06-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Namur · 1 establishment unit since 2022
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.

Av. du Bourg. Jean Materne(JB) 2195100 Namur
1 establishment unit
CHENZE
Av. du Bourg. Jean Materne(JB) 219, 5100 NamurFull-service restaurants
since 20222.337.255.382

Recognitions · licences · registrations

Food safety, FASFC

1 site
Namur2.337.255.382
1 permission
Toelating · Eetgelegenheid · since 08-11-2022

Similar companies · same sector, comparable size

Of 20,505 companies in sector 56111 we hold annual accounts for 11,464. 9,845 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded02-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Contact
Phone +32487888968
E-invoicing
Reachable via Peppol
Peppol ID 0208:0789318791
Also 9925:BE0789318791
Registered 22-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.