CHERGAN
ActiveSummary
CHERGAN has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16,630 and a net result of -€3,506. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 58% of 11693 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability10▼-34
Solvency77▼-23
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.78 against 1.03 in 2024; short-term debt: 48.4% and cash: 2.3% of total assets), and 48.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
51.6%
Return on assets
-10.9%
Age of the figures
15 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 30-06-2025 was due by 31-01-2026 and was filed on 06-01-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
25 d early
2023
29 d early
2022
1 d early
2021
61 d early
2020
47 d early
2019
74 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 37 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 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 6 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€16,630▼ 17.4%
2024 · €20,137
Total assets
€32,229▲ 29.1%
2024 · €24,962
Net result
-€3,506
2024 · €213
Working capital
-€3,370
2024 · €137
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€2,823▼ 28.2%€440▼ 84.4%-€2,215€653-€2,850
Net result€1,409within the sector's middle half▼ 61.0%€312within the sector's middle half▼ 77.9%-€3,055within the sector's middle half€213within the sector's middle half-€3,506within the sector's middle half
Equity€22,666within the sector's middle half▲ 6.6%€22,978within the sector's middle half▲ 1.4%€19,923within the sector's middle half▼ 13.3%€20,137within the sector's middle half▲ 1.1%€16,630within the sector's middle half▼ 17.4%
Total assets€28,789below the sector's middle half▼ 3.9%€29,193below the sector's middle half▲ 1.4%€23,960below the sector's middle half▼ 17.9%€24,962below the sector's middle half▲ 4.2%€32,229below the sector's middle half▲ 29.1%
Debt€6,123▼ 29.7%€6,215▲ 1.5%€4,037▼ 35.0%€4,825▲ 19.5%€15,599▲ 223%
Working capital€1,855within the sector's middle half▲ 47.6%€2,501within the sector's middle half▲ 34.8%-€221within the sector's middle half€137within the sector's middle half-€3,370within the sector's middle half
Solvency78.7%above the sector's middle half▲ 7.8pp78.7%above the sector's middle half=83.2%above the sector's middle half▲ 4.4pp80.7%above the sector's middle half▼ 2.5pp51.6%within the sector's middle half▼ 29.1pp
Current ratio1.30within the sector's middle half▲ 0.161.40within the sector's middle half▲ 0.100.95within the sector's middle half▼ 0.461.03within the sector's middle half▲ 0.080.78below the sector's middle half▼ 0.24
Return on assets (ROA)4.9%within the sector's middle half▼ 7.2pp1.1%within the sector's middle half▼ 3.8pp-12.8%below the sector's middle half▼ 13.8pp0.9%within the sector's middle half▲ 13.6pp-10.9%below the sector's middle half▼ 11.7pp
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.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2,850 after €653 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32,229
Fixed assets
€20,000 =
Current assets
€12,229 ▲ 146%
Equity and liabilities €32,229
Equity
€16,630 ▼ 17.4%
Debt
€15,599 ▲ 223%
Debt's share of the balance-sheet total rises from 19.3% to 48.4%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
0.94▲
2024 · 0.24
ROE
-21.1%▼
2024 · 1.1%
Debt ≤ 1 year
€15,599▲
2024 · €4,825
Income taxes
€177▲
2024 · €168
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €189 | €333 | €333 | €144 | - | - |
| Other operating charges640/8 | - | €810 | €744 | €789 | €814 | ▲ 3.2% |
| Gross operating margin9900 | €3,788 | €1,583 | -€1,137 | €1,587 | -€2,036 | ▼ 228% |
| Operating profit (loss)9901 | €2,823 | €440 | -€2,215 | €653 | -€2,850 | ▼ 536% |
| Financial charges65/66B | - | €128 | €110 | €272 | €479 | ▲ 75.8% |
| Recurring financial charges65 | €149 | €128 | €110 | €272 | €479 | ▲ 75.8% |
| Profit (loss) for the period before taxes9903 | €2,675 | €312 | -€2,324 | €381 | -€3,329 | ▼ 974% |
| Income taxes67/77 | €1,265 | - | €731 | €168 | €177 | ▲ 5.7% |
| Profit (loss) for the period9904 | €1,409 | €312 | -€3,055 | €213 | -€3,506 | ▼ 1,744% |
| Profit (loss) for the period to be appropriated9905 | €1,409 | €312 | -€3,055 | €213 | -€3,506 | ▼ 1,744% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €28,789 | €29,193 | €23,960 | €24,962 | €32,229 | ▲ 29.1% |
| Fixed assets21/28 | €20,811 | €20,478 | €20,144 | €20,000 | €20,000 | = |
| Tangible fixed assets22/27 | €811 | €478 | €144 | - | - | - |
| Furniture and vehicles24 | - | €478 | €144 | - | - | - |
| Financial fixed assets28 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Current assets29/58 | €7,978 | €8,715 | €3,816 | €4,962 | €12,229 | ▲ 146% |
| Amounts receivable within one year40/41 | €6,077 | €7,899 | €2,551 | €4,302 | €10,979 | ▲ 155% |
| Trade receivables40 | - | €6,970 | - | - | €4,000 | - |
| Other amounts receivable41 | - | €929 | €2,551 | €4,302 | €6,979 | ▲ 62.2% |
| Cash at bank and in hand54/58 | €1,408 | €351 | €781 | €162 | €731 | ▲ 350% |
| Deferred charges and accrued income490/1 | - | €466 | €485 | €498 | €519 | ▲ 4.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €28,789 | €29,193 | €23,960 | €24,962 | €32,229 | ▲ 29.1% |
| Equity10/15 | €22,666 | €22,978 | €19,923 | €20,137 | €16,630 | ▼ 17.4% |
| Contributions10/11 | - | €21,000 | €21,000 | €23,100 | €23,100 | = |
| Reserves13 | €2,100 | €2,100 | €2,100 | - | - | - |
| Non-distributable reserves130/1 | - | €2,100 | €2,100 | - | - | - |
| Reserves not available under the articles1311 | - | €2,100 | €2,100 | - | - | - |
| Profit (loss) carried forward14 | -€434 | -€122 | -€3,177 | -€2,963 | -€6,470 | ▼ 118% |
| Amounts payable17/49 | €6,123 | €6,215 | €4,037 | €4,825 | €15,599 | ▲ 223% |
| Amounts payable within one year42/48 | €6,123 | €6,215 | €4,037 | €4,825 | €15,599 | ▲ 223% |
| Trade debts44 | €1,637 | €564 | €790 | €1,487 | €734 | ▼ 50.6% |
| Suppliers440/4 | - | €564 | €790 | €1,487 | €734 | ▼ 50.6% |
| Taxes, remuneration and social security45 | - | €818 | €1,175 | €1,300 | - | - |
| Taxes450/3 | - | €818 | €1,175 | €1,300 | - | - |
| Other amounts payable47/48 | - | €4,833 | €2,072 | €2,038 | €14,865 | ▲ 629% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,409 | €312 | -€3,055 | €213 | -€3,506 | ▼ 1,744% |
| + Depreciation and write-downs630 | €189 | €333 | €333 | €144 | - | - |
| Operating cash flow (approximation) | €1,598 | €645 | -€2,722 | €358 | -€3,506 | ▼ 1,080% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€1,058 | €430 | -€618 | €568 | ▲ 192% |
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
06-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet -€3,506
Net result drops to -€3,506, the lowest in the series.
06-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €213
Net result €213 after one loss-making year.
02-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
01-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
15-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Back to profitnet €3,611
Net result €3,611 after one loss-making year.
2019
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
16-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
06-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
21-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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.
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Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Oosterzele · 1 establishment unit since 1999
Ground area
137 m²
Parcel 44052A1452/00M000, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Kleistraat 5, 9860 Oosterzele
since 19992.091.628.717
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44052A1452/00M000 | Flanders | 137 m² | - | - |
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 30-06-2025 list no shareholders, and no other source names one.
Holdings 1
-
17%
According to the annual accounts to 30-06-2025 of CHERGAN 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.
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Company details
Identification
Legal formPrivate limited company
Founded17-06-1999
Fiscal year end30-06
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0466285631
Also
9925:BE0466285631
Registered
06-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.