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CHERONGO

Active
Private limited company (pre-2019)founded 20197 yrs activeCherain 10, 6673 Gouvy, BelgiumKBO/BCE: BE 0721.398.007
Summary

The computed 12-month bankruptcy probability of CHERONGO is 1.8% (moderate). The annual accounts of CHERONGO for fiscal year 2024 show a net loss of 53% of the equity at the start of that year. The 2024 annual accounts show equity of €30,847 and a net result of -€34,760. Equity is shrinking by ~21.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 38% of 1855 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability6▼-68
Solvency34▼-7
Growth58=
Track record100
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.06 against 0.2 in 2023; short-term debt: 42.9% and cash: 2.1% of total assets), and 91.2% 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
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 7 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
8.8%
Return on assets
-9.9%
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Accommodation (NACE 55)
about 6% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-12-2025, 146 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
146 d late
2023
153 d late
2022
28 d late
2021
18 d early
2020
126 d early
2019
41 d late
← 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 37 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 44% 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

CHERONGO was incorporated on 21 February 2019.1 Total assets fell from EUR 489,325 in 2019 to EUR 349,830 in 2024 and headcount from 0.3 full-time equivalents in 2019 to 1.1 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019, 2022 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€30,847▼ 53.0%
2023 · €65,606
Total assets
€349,830▼ 12.0%
2023 · €397,675
Net result
-€34,760
2023 · €16,846
Working capital
-€140,534▼ 18.9%
2023 · -€118,192
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€11,010▲ 70.2%-€8,100▲ 26.4%-€30,199▼ 273%€21,189-€38,251
Net result-€18,094▲ 49.3%-€12,285▲ 32.1%-€35,152▼ 186%€16,846-€34,760
Equity€96,197▼ 15.8%€83,913▼ 12.8%€48,761▼ 41.9%€65,606▲ 34.5%€30,847▼ 53.0%
Total assets€465,309▼ 4.9%€438,782▼ 5.7%€409,035▼ 6.8%€397,675▼ 2.8%€349,830▼ 12.0%
Debt€369,112▼ 1.6%€354,869▼ 3.9%€360,275▲ 1.5%€332,069▼ 7.8%€318,983▼ 3.9%
Working capital€11,613▲ 19.3%-€111,777-€147,941▼ 32.4%-€118,192▲ 20.1%-€140,534▼ 18.9%
Staff (FTE)0.4▲ 33.3%1▲ 150%1.1▲ 10.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2020: -€11,010-€11,010Net result 2020: -€18,094-€18,094Operating result 2021: -€8,100-€8,100Net result 2021: -€12,285-€12,285Operating result 2022: -€30,199-€30,199Net result 2022: -€35,152-€35,152Operating result 2023: €21,189€21,189Net result 2023: €16,846€16,846Operating result 2024: -€38,251-€38,251Net result 2024: -€34,760-€34,76020202021202220232024-€40,000-€20,000€0€20,000Operating result 2022: -€30,199-€30,200Net result 2022: -€35,152-€35,200Operating result 2023: €21,189€21,200Net result 2023: €16,846€16,800Operating result 2024: -€38,251-€38,300Net result 2024: -€34,760-€34,800202220232024
The operating result turns negative in 2024: a loss of €38,251 after €21,189 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €349,830
Fixed assets €340,347 ▼ 7.7%
Current assets €9,483 ▼ 67.3%
Equity and liabilities €349,830
Equity €30,847 ▼ 53.0%
Debt €318,983 ▼ 3.9%
Debt's share of the balance-sheet total rises from 83.5% to 91.2%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€9,890▼
2023 · €49,792
Cash flow
-€6,399▼
2023 · €45,449
Current ratio
0.06▼
2023 · 0.20
Debt to equity
10.34▲
2023 · 5.06
ROE
-112.7%▼
2023 · 25.7%
ROA
-9.9%▼
2023 · 4.2%
Interest coverage
-2.93▼
2023 · 11.76
Debt ≤ 1 year
€150,017▲
2023 · €147,160
Debt > 1 year
€168,966▼
2023 · €184,909
Income taxes
€112▼
2023 · €116
Staff costs
€753▼
2023 · €13,808
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 849 companies that looked in July 2024 the way this one looks now, 3.9% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a small loss
3.9% went bankrupt
3.3% stopped otherwise
92% still going

A further 0.9% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 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% 1.6%
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 74% 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 849 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 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€397,675€349,830▼
Formation expenses20€46€0▼
Fixed assets21/28€368,661€340,347▼
Tangible fixed assets22/27€368,661€340,347▼
Land and buildings22€364,698€338,944▼
Plant, machinery and equipment23€1,088€219▼
Furniture and vehicles24€2,875€1,184▼
Current assets29/58€28,968€9,483▼
Stocks and contracts in progress3€3,902€0▼
Stocks30/36€3,902€0▼
Amounts receivable within one year40/41€6,014€2,069▼
Trade receivables40€5,027€0▼
Other amounts receivable41€986€2,069▲
Cash at bank and in hand54/58€19,053€7,414▼
Equity and liabilities
Total equity and liabilities10/49€397,675€349,830▼
Equity10/15€65,606€30,847▼
Contributions10/11€150,000€150,000=
Profit (loss) carried forward14-€84,394-€119,153▼
Amounts payable17/49€332,069€318,983▼
Amounts payable after more than one year17€184,909€168,966▼
Financial debts170/4€184,909€168,966▼
Amounts payable within one year42/48€147,160€150,017▲
Current portion of amounts payable after more than one year42€15,700€18,943▲
Trade debts44€11,395€484▼
Suppliers440/4€11,395€484▼
Taxes, remuneration and social security45€582€625▲
Taxes450/3€582€625▲
Other amounts payable47/48€119,484€129,966▲
Income statement Code20232024
Remuneration, social security and pensions62€13,808€753▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28,603€28,361▼
Other operating charges640/8€4,677€825▼
Non-recurring operating charges66A-€232
Gross operating margin9900€68,277-€8,080▼
Operating profit (loss)9901€21,189-€38,251▼
Financial income75/76B€7€6,973▲
Recurring financial income75€7€6,973▲
Non-recurring financial income76B-€6,973
Financial charges65/66B€4,233€3,370▼
Recurring financial charges65€4,233€3,370▼
Profit (loss) for the period before taxes9903€16,962-€34,648▼
Income taxes67/77€116€112▼
Profit (loss) for the period9904€16,846-€34,760▼
Profit (loss) for the period to be appropriated9905€16,846-€34,760▼
Appropriation of the result
Profit (loss) to be appropriated9906-€84,394-€119,153▼
Profit (loss) brought forward from the previous period14P-€101,239-€84,394▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62-€13,655€14,962€13,808€753▼ 94.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26,594€26,951€28,593€28,603€28,361▼ 0.8%
Other operating charges640/8-€3,295€5,278€4,677€825▼ 82.4%
Non-recurring operating charges66A----€232-
Gross operating margin9900€30,041€35,800€18,634€68,277-€8,080▼ 112%
Operating profit (loss)9901-€11,010-€8,100-€30,199€21,189-€38,251▼ 281%
Financial income75/76B-€163€49€7€6,973▲ 106,360%
Recurring financial income75€714€163€49€7€6,973▲ 106,360%
Non-recurring financial income76B----€6,973-
Financial charges65/66B-€4,231€4,945€4,233€3,370▼ 20.4%
Recurring financial charges65€7,689€4,231€4,945€4,233€3,370▼ 20.4%
Profit (loss) for the period before taxes9903-€17,985-€12,168-€35,095€16,962-€34,648▼ 304%
Income taxes67/77€109€117€57€116€112▼ 3.6%
Profit (loss) for the period9904-€18,094-€12,285-€35,152€16,846-€34,760▼ 306%
Profit (loss) for the period to be appropriated9905-€18,094-€12,285-€35,152€16,846-€34,760▼ 306%
Line20202021202220232024Change
Assets
Total assets20/58€465,309€438,782€409,035€397,675€349,830▼ 12.0%
Formation expenses20€910€622€334€46€0▼ 100%
Fixed assets21/28€433,888€413,137€396,976€368,661€340,347▼ 7.7%
Tangible fixed assets22/27€433,888€413,137€396,976€368,661€340,347▼ 7.7%
Land and buildings22-€403,821€390,453€364,698€338,944▼ 7.1%
Plant, machinery and equipment23-€2,905€1,958€1,088€219▼ 79.9%
Furniture and vehicles24-€6,410€4,565€2,875€1,184▼ 58.8%
Current assets29/58€30,511€25,023€11,725€28,968€9,483▼ 67.3%
Stocks and contracts in progress3€718€2,342€2,259€3,902€0▼ 100%
Stocks30/36-€2,342€2,259€3,902€0▼ 100%
Amounts receivable within one year40/41€1,060€883€6,667€6,014€2,069▼ 65.6%
Trade receivables40--€6,097€5,027€0▼ 100%
Other amounts receivable41-€883€570€986€2,069▲ 110%
Cash at bank and in hand54/58€28,092€21,761€2,222€19,053€7,414▼ 61.1%
Deferred charges and accrued income490/1-€38€578---
Equity and liabilities
Total equity and liabilities10/49€465,309€438,782€409,035€397,675€349,830▼ 12.0%
Equity10/15€96,197€83,913€48,761€65,606€30,847▼ 53.0%
Contributions10/11-€150,000€150,000€150,000€150,000=
Profit (loss) carried forward14-€53,803-€66,087-€101,239-€84,394-€119,153▼ 41.2%
Amounts payable17/49€369,112€354,869€360,275€332,069€318,983▼ 3.9%
Amounts payable after more than one year17€227,510€216,069€200,609€184,909€168,966▼ 8.6%
Financial debts170/4-€216,069€200,609€184,909€168,966▼ 8.6%
Amounts payable within one year42/48€18,898€136,800€159,666€147,160€150,017▲ 1.9%
Current portion of amounts payable after more than one year42-€15,225€15,461€15,700€18,943▲ 20.7%
Trade debts44€2,046€4,948€9,858€11,395€484▼ 95.8%
Suppliers440/4-€4,948€9,858€11,395€484▼ 95.8%
Taxes, remuneration and social security45-€1,191€714€582€625▲ 7.4%
Taxes450/3-€426€714€582€625▲ 7.4%
Remuneration and social security454/9-€765----
Other amounts payable47/48-€115,436€133,634€119,484€129,966▲ 8.8%
Accrued charges and deferred income492/3-€2,000----
Line20202021202220232024Change
Profit (loss) for the period9904-€18,094-€12,285-€35,152€16,846-€34,760▼ 306%
+ Depreciation and write-downs630€26,594€26,951€28,593€28,603€28,361▼ 0.8%
Operating cash flow (approximation)€8,500€14,666-€6,559€45,449-€6,399▼ 114%
Investment in fixed assets (approximation)--€6,199-€12,432-€288-€46▲ 84.1%
Change in cash--€6,331-€19,538€16,830-€11,638▼ 169%

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
24-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 146 days late
2024
31-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
2023
31-12
Financial Back to profitnet €16,846
Net result €16,846 after 4 loss-making years.
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
13-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
27-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
10-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 41 days late
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, Gouvy · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
1,525 m²
Building footprint
241 m²
Parcel 82008E0023/00F002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Cherongo
Cherain 10, 6673 GouvyWholesale of other food products
since 20192.288.724.995
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
82008E0023/00F002 Wallonia 1,525 m² 1 · 241 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 owner

Chain of control

  1. de MONTJOYE C&S SRL 100%
  2. CHERONGO

Highest known parent: de MONTJOYE C&S SRL. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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.

Similar companies · same sector, comparable size

Of 2,393 companies in sector 55100 we hold annual accounts for 1,515. 787 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 (pre-2019)
Founded21-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
55100Hotels and similar accommodation
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
47784Retail sale of souvenirs and religious articles
56309Food and beverage service activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0721398007
Also 9925:BE0721398007
Registered 31-12-2025

Register as of 26 September 2026 · Peppol Directory

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