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CHEVRARDENNES

Active
Public limited companyfounded 1988active for 37 yearsRue du Commerce 17, 1400 Nivelles, BelgiumKBO/BCE: BE 0436.406.958
Summary

The computed 12-month bankruptcy probability of CHEVRARDENNES is 2.1% (moderate). The 2025 annual accounts show negative equity (-€6.0m) and a net result of €21,430. Equity is shrinking by about 6.9% per year across the filed financial years. Its solvency ranks better than 5% of 788 sector peers (NACE 10, financial year 2025). The company has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
CHEVRARDENNESActiveChecked score 52/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of food products
NACE 10510
1 site
Size
€1.1mtotal assets 2025
Staff
9 FTE
Equity
-€6.0m
Profit
€21,430
Financial health
52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.1%
Structure
Board
8 members
Auditor: AVISORAccounts 123 days early5 of 10 deeds read
Why 52raises riskNegative equity -€6.0mSector: Manufacture of food products (NACE 10)Size: 9 FTE, total assets €1.1mlowers riskFounded in 1988Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 29% of its sector peers (NACE 10, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -527.9% of total assets
Liquidity 33+9
short-term debt 58.1% · cash 10.1%
Profitability 71+60
return on assets 1.9%
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.1% (3,077 companies, NACE 10, micro)
Last 24 months 11-2024: 3.6% 12-2024: 3.6%● unchanged vs 11-2024 01-2025: 3.6%● unchanged vs 12-2024 02-2025: 3.6%● unchanged vs 01-2025 03-2025: 3.6%● unchanged vs 02-2025 04-2025: 3.6%● unchanged vs 03-2025 05-2025: 3.7%▲ +0.1 percentage points vs 04-2025highest value 06-2025: 3.5%▼ -0.2 percentage points vs 05-2025 07-2025: 2.5%▼ -1.0 percentage point vs 06-2025 08-2025: 2.5%● unchanged vs 07-2025 09-2025: 2.5%● unchanged vs 08-2025 10-2025: 2.5%● unchanged vs 09-2025 11-2025: 2.5%● unchanged vs 10-2025 12-2025: 2.5%● unchanged vs 11-2025 01-2026: 2.5%● unchanged vs 12-2025 02-2026: 2.5%● unchanged vs 01-2026 03-2026: 2.5%● unchanged vs 02-2026 04-2026: 2.1%▼ -0.4 percentage points vs 03-2026lowest value 05-2026: 2.1%● unchanged vs 04-2026lowest value 06-2026: 2.1%● unchanged vs 05-2026lowest value 07-2026: 2.1%● unchanged vs 06-2026lowest value 08-2026: 2.1%● unchanged vs 07-2026lowest value 09-2026: 2.1%● unchanged vs 08-2026lowest value 10-2026: 2.1%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity ample (current ratio 1.7, compared with 1.43 in 2024, above the usual 1.5; short-term debt: 58.1% and cash: 10.1% of total assets), but equity is negative.
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 10, micro): better than 6% on solvency, 24% on liquidity, 48% on profitability and 39% on growth.

The bankruptcy probability was computed on 23-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€6.0m
NBB · annual accounts
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
raises risk · Size: 9 FTE, total assets €1.1m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1988
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 788 sector peers (2025).
NBB · sector comparison
Position among 788 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-03-2026, 123 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
123 days early
2024
58 days early
2023
34 days early
2022
53 days early
2021
52 days early
2020
47 days early
2019
14 days 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 54 days before the deadline; the sector median (NACE 10) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Karl VANDEWOESTYNE (director)Appointment: VEDEKA MANAGEMENT (director) ·…
  2. Resignation: Didier LOICQ (director)Appointments: César VANDEWOESTYNE, Julie VANDEWOESTYNE…
  3. Resignation: Thibault LOICQ (director)Director discharge

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€6.0m View
  • Caution: Among the weakest 5% on solvencysector median 39.7% · 788 companies -527.9% View
  • Positive: Back in profit in 2025after -€61,077 in 2024 €21,430 View
  • Board changedlatest change 21-10-2026 · 8 in office 6 joined · 3 left View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

By topic

Financials

Financial year
2025
Total assets
€1.1m
Profit
€21,430
Solvency
-527.9%
Total assets▲ 13.5%
Net result
20182025
Go to Financials

Board & ownership

Board
8 members
Auditor
AVISOR
  • Amaury LoicqDirector
  • Didier LoicaDirector
  • LOICQ Didier Jules Jacques CharlesManaging director
  • César VANDEWOESTYNEDirector
  • GESTOMDirector

and 3 other directors

Go to Board & ownership

Timeline

Events
44
Since
1990
Next accounts
by 31-07-2027
  1. 21-04-2026Appointment: AVISOR (réviseurs d'entreprises)
  2. 30-03-2026Annual accounts filed
  3. 31-12-2025Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of food productsNACE 10510
Founded
28-12-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
59
Who signs
Two directors jointly, or a managing director alone
Purpose
“La fabrication, l'importation, l'exportation et le commerce, sous toutes formes, de toutes…” (deed in French)
Go to Articles of association

Key facts about CHEVRARDENNES

What is the company number of CHEVRARDENNES?
0436.406.958. In Belgium the VAT number is the company number with BE in front: BE 0436.406.958.
Where is CHEVRARDENNES based?
The registered office is at Rue du Commerce 17, 1400 Nivelles.Company details
What does CHEVRARDENNES do?
According to the KBO register, the main activity is manufacture of food products (NACE 10510).
What is the legal form of CHEVRARDENNES?
Public limited company (NV).
When was CHEVRARDENNES founded?
On 28-12-1988.
Is CHEVRARDENNES still active?
Yes, CHEVRARDENNES is an active enterprise in the KBO register.
How many employees does CHEVRARDENNES have?
On average 9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of CHEVRARDENNES?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is CHEVRARDENNES profitable?
In financial year 2025, CHEVRARDENNES made a profit of €21,430.
Where can I find the annual accounts of CHEVRARDENNES?
CHEVRARDENNES filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CHEVRARDENNES due?
By 31-07-2027, for financial year 2026.Timeline

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