CHENZER
ActiveFrom the official registers: KBO 24 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of CHENZER is 2.1% (moderate). The 2025 annual accounts show equity of €45,120 and a net result of -€333. Equity is growing by about 6.8% per year across the filed financial years. Its solvency ranks better than 58% of 16,925 sector peers (NACE 56, financial year 2025). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 04-03-2002 Normal situation
- Legal form
- Private limited company
- Registered office
- Sint-Michielslaan 123, 1040 Etterbeek
- Activity
- Full-service restaurants NACE 56111
- Establishment unit
- 2.099.170.664 1210 Sint-Joost-ten-Node, since 01-08-2002
- Financial year end
- 31 December
- Peppol
- Reachable since 04-11-2025
Who decides
- CHENNOU RAMDANEDirector · since 06-05-2010
- HEUZER JEAN-LUCDirector · since 20-10-2020
How it is doing
- Bankruptcy probabilitywithin 12 months
- 2.1%
- Gross margin
- €2,252
- ▼ 89.7%
- Turnover
- ≈ €24,000
- estimated
- Loss
- €333
- Equity
- €45,120
- ▼ 0.7%
- Total assets
- €115,797
- ▲ 7.4%
Why 53raises riskLast filed accounts filed 31 days late; 2 of the last 3 lateSector: Food and beverage service activities (NACE 56)Size: total assets €115,797lowers riskFounded in 2002Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 58% on solvency, 17% on liquidity, 32% on profitability and 39% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 24 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00482803.
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 31-08-2026
- Format
- micro format
- Reference
- 2026-00482803
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 97% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.3% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.1% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 12,322 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,694 | €8,166 | €9,249 | €3,308 | €2,859 | €301 | €37 | €1,194 | ▲ 32× |
| Other operating charges640/8 | - | - | - | €502 | €183 | €2,523 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €20,208 | €16,105 | €17,350 | €7,341 | -€6,541 | €11,738 | €21,893 | €2,252 | ▼ 89.7% |
| Operating profit (loss)9901 | €17,354 | €7,025 | €7,445 | €3,531 | -€9,583 | €8,914 | €21,469 | €658 | ▼ 96.9% |
| Financial income75/76B | - | - | - | - | €27 | €0 | - | €998 | - |
| Recurring financial income75 | - | - | - | - | €27 | €0 | - | €998 | - |
| Financial charges65/66B | - | - | - | €604 | €421 | €1,337 | €500 | €640 | ▲ 28.0% |
| Recurring financial charges65 | €4,900 | €3,332 | €1,806 | €604 | €421 | €1,337 | €500 | €640 | ▲ 28.0% |
| Profit (loss) for the period before taxes9903 | €12,454 | €3,693 | €5,639 | €2,928 | -€9,977 | €7,578 | €20,969 | €1,016 | ▼ 95.2% |
| Income taxes67/77 | €2,449 | €3,408 | €2,279 | €1,289 | - | €1,357 | €5,755 | €1,349 | ▼ 76.6% |
| Profit (loss) for the period9904 | €10,005 | €285 | €3,360 | €1,639 | -€9,977 | €6,220 | €15,214 | -€333 | - |
| Profit (loss) for the period to be appropriated9905 | €10,005 | €285 | €3,360 | €1,639 | -€9,977 | €6,220 | €15,214 | -€333 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €97,254 | €116,467 | €112,268 | €101,705 | €103,950 | €94,932 | €107,781 | €115,797 | ▲ 7.4% |
| Fixed assets21/28 | €11,620 | €22,879 | €13,630 | €3,160 | €301 | - | €1,901 | €8,310 | ▲ 337% |
| Tangible fixed assets22/27 | €11,620 | €22,879 | €13,630 | €3,160 | €301 | - | €1,901 | €8,310 | ▲ 337% |
| Furniture and vehicles24 | - | - | - | €3,160 | €301 | - | €1,901 | €8,310 | ▲ 337% |
| Current assets29/58 | €85,634 | €93,589 | €98,639 | €98,545 | €103,649 | €94,932 | €105,880 | €107,487 | ▲ 1.5% |
| Amounts receivable within one year40/41 | €68,921 | €80,019 | €94,334 | €96,919 | €101,840 | €94,726 | €104,456 | €105,289 | ▲ 0.8% |
| Trade receivables40 | - | - | - | €13,778 | €12,730 | €4,276 | €9,756 | €2,727 | ▼ 72.0% |
| Other amounts receivable41 | - | - | - | €83,141 | €89,110 | €90,450 | €94,700 | €102,562 | ▲ 8.3% |
| Cash at bank and in hand54/58 | €16,712 | €13,570 | €4,305 | €1,552 | €1,735 | €206 | €1,424 | €1,968 | ▲ 38.2% |
| Deferred charges and accrued income490/1 | - | - | - | €73 | €73 | - | - | €229 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €97,254 | €116,467 | €112,268 | €101,705 | €103,950 | €94,932 | €107,781 | €115,797 | ▲ 7.4% |
| Equity10/15 | €28,713 | €28,997 | €32,357 | €33,996 | €24,019 | €30,239 | €45,453 | €45,120 | ▼ 0.7% |
| Contributions10/11 | €40,000 | €40,000 | €40,000 | €40,000 | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Capital10 | - | - | - | €40,000 | €40,000 | €40,000 | - | - | - |
| Issued capital100 | - | - | - | €40,000 | €40,000 | €40,000 | - | - | - |
| Profit (loss) carried forward14 | -€11,287 | -€11,003 | -€7,643 | -€6,004 | -€15,981 | -€9,761 | €5,453 | €5,120 | ▼ 6.1% |
| Amounts payable17/49 | €68,541 | €87,470 | €79,911 | €67,709 | €79,931 | €64,693 | €62,328 | €70,677 | ▲ 13.4% |
| Amounts payable within one year42/48 | €68,541 | €87,470 | €79,911 | €67,709 | €79,931 | €64,693 | €62,328 | €70,677 | ▲ 13.4% |
| Trade debts44 | €14,360 | €26,583 | €22,800 | €12,893 | €28,807 | €9,667 | €7,396 | €5,000 | ▼ 32.4% |
| Suppliers440/4 | - | - | - | €12,893 | €28,807 | €9,667 | €7,396 | €5,000 | ▼ 32.4% |
| Taxes, remuneration and social security45 | - | - | - | €7,316 | €2,255 | €7,067 | €7,706 | €7,112 | ▼ 7.7% |
| Taxes450/3 | - | - | - | €7,316 | €2,255 | €7,067 | €7,706 | €7,112 | ▼ 7.7% |
| Other amounts payable47/48 | - | - | - | €47,500 | €48,868 | €47,959 | €47,226 | €58,565 | ▲ 24.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,005 | €285 | €3,360 | €1,639 | -€9,977 | €6,220 | €15,214 | -€333 | - |
| + Depreciation and write-downs630 | €2,694 | €8,166 | €9,249 | €3,308 | €2,859 | €301 | €37 | €1,194 | ▲ 32× |
| Operating cash flow (approximation) | €12,699 | €8,450 | €12,609 | €4,947 | -€7,118 | €6,521 | €15,251 | €861 | ▼ 94.4% |
| Investment in fixed assets (approximation) | - | -€19,424 | €0 | €7,162 | €0 | - | - | -€7,604 | - |
| Change in cash | - | -€3,143 | -€9,265 | -€2,753 | €183 | -€1,530 | €1,218 | €544 | ▼ 55.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00482803 | NBB |
| 31-12-2024 | full format | 02-10-2025 | 2025-00529097 | |
| 31-12-2023 | micro format | 19-07-2024 | 2024-00263630 | |
| 31-12-2022 | micro format | 17-08-2023 | 2023-00345610 | |
| 31-12-2021 | micro format | 25-07-2022 | 2022-20248744 | |
| 31-12-2020 | micro format | 13-07-2021 | 2021-36600158 | |
| 31-12-2019 | micro format | 02-11-2020 | 2020-68100513 | |
| 31-12-2018 | micro format | 07-08-2019 | 2019-44800380 | |
| 31-12-2017 | micro format | 20-07-2018 | 2018-36500136 | |
| 31-12-2016 | micro format | 29-08-2017 | 2017-53600438 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| CHENNOU RAMDANE |
|
| HEUZER JEAN-LUC |
|
How the board is organised
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 12. Représentation externe Chaque administrateur - aussi lorsqu'il y en a plusieurs - représente la société vis-à-vis de tiers…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateurs, organe d'administration”1 more provision on this in the deed
Articles of association, deed of 27-12-2024
Owners and capital
Capital and shareholders
- 27-12-2024 Converted to available equity
Other provisions of the articles of association
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- Other provision: “Peuvent accomplir tous actes nécessaires ou utiles à la réalisation de l'objet,sous réserve de ceux que la loi et les statuts réservent à…”Other provision: “Seul ou conjointement selon organe d’administration, attributions et rémunérations fixées par organe d’administration”Other provision: “Admission assemblée générale, Article 17”Other provision: “Écrite à toute personne actionnaire ou non par tout moyen de transmission, délibérations assemblée générale”Other provision: “Affectation bénéfice réserves acompte, Article 22”Liquidation distribution: “TITRE VII. DISSOLUTION – LIQUIDATION, Article 25”1 more provision in the deed, see the deed of 27-12-2024
Articles of association, deed of 27-12-2024 (in French)
Group and network
Connections & network
2 current directorsThe board mandates are listed below; here you explore them as a network.
Board mandates elsewhere
3 board mandatesHistory
Acts, filings and financial milestones
27-12
Gazette deed
Purpose · Amendment of the articles · Legal-form changeCapital conversion · Purpose change · Legal-form conversion9 facts ▸
- General meeting, 10-12-2024
- Capital conversion, 01-01-2020
- Capital conversion, “compte de capitaux propres disponible” (deed in French)
- Other provision, “modification objet-rapport article 5:101 Code des sociétés et des associations, rapport de l’organe d’administration exposant la justification détaillée de la m…” (deed in French)
- Purpose change
- Amendment of the articles
- Legal-form conversion, “société à responsabilité limitée” (deed in French)
- Capital
- Power of attorney (2 times)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CHENZER
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne / Région bruxelloise, peut établir,par simple décision de l’organe d’administration,des sièges…”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last day of April at 18:00
Articles of association, deed of 27-12-2024 (in French)
Sites & property
1 establishment unit
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21362B0294/00E005 | Brussels | 360 m² | 1 · 206 m² | 21.3 m · 6 |
| 21572B0239/00V000 | Brussels | 310 m² | 1 · 119 m² | 20.8 m · 6 |