CHEYAN
ActiveSummary
The computed 12-month bankruptcy probability of CHEYAN is 3.8% (moderate). The 2025 annual accounts show equity of €2,500 and a net result of €27,900. Equity is shrinking by ~25.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 26% of 13604 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability86▲+4
Solvency26=
Growth58=
Track record94
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
1.2%
Return on assets
13.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
30 d late
2024
28 d late
2023
30 d late
2022
35 d early
2021
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 16 days after 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€2,500=
2024 · €2,500
Total assets
€203,621▼ 0.2%
2024 · €204,054
Net result
€27,900▲ 25.0%
2024 · €22,320
Working capital
-€53,090▲ 11.4%
2024 · -€59,944
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
Line20212022202320242025
Operating result€25,065-€10,724▼ 57.2%€44,220▲ 312%€30,395▼ 31.3%€47,958▲ 57.8%
Net result€18,937within the sector's middle half-€9,523within the sector's middle half▼ 49.7%€35,277above the sector's middle half▲ 270%€22,320within the sector's middle half▼ 36.7%€27,900above the sector's middle half▲ 25.0%
Equity€21,437within the sector's middle half-€30,961within the sector's middle half▲ 44.4%€66,238within the sector's middle half▲ 114%€2,500within the sector's middle half▼ 96.2%€2,500within the sector's middle half=
Total assets€111,494within the sector's middle half-€124,689within the sector's middle half▲ 11.8%€150,522within the sector's middle half▲ 20.7%€204,054within the sector's middle half▲ 35.6%€203,621within the sector's middle half▼ 0.2%
Debt€90,057-€93,728▲ 4.1%€84,284▼ 10.1%€201,554▲ 139%€189,739▼ 5.9%
Working capital-€35,732below the sector's middle half--€17,975within the sector's middle half▲ 49.7%€18,757within the sector's middle half-€59,944below the sector's middle half-€53,090below the sector's middle half▲ 11.4%
Solvency19.2%within the sector's middle half-24.8%within the sector's middle half▲ 5.6pp44.0%within the sector's middle half▲ 19.2pp1.2%within the sector's middle half▼ 42.8pp1.2%within the sector's middle half=
Current ratio0.52below the sector's middle half-0.76within the sector's middle half▲ 0.231.24within the sector's middle half▲ 0.480.55within the sector's middle half▼ 0.690.60within the sector's middle half▲ 0.05
Return on assets (ROA)17.0%within the sector's middle half-7.6%within the sector's middle half▼ 9.3pp23.4%above the sector's middle half▲ 15.8pp10.9%within the sector's middle half▼ 12.5pp13.7%within the sector's middle half▲ 2.8pp
Staff (FTE)2.6-2.5▼ 3.8%2.4▼ 4.0%2.8▲ 16.7%4▲ 42.9%
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
The operating result recovers in 2025; 2025 is 58% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €203,621
Fixed assets
€123,059 ▼ 5.5%
Current assets
€80,563 ▲ 9.0%
Equity and liabilities €203,621
Equity
€2,500 =
Provisions
€11,383
Debt
€189,739 ▼ 5.9%
Debt's share of the balance-sheet total falls from 98.8% to 93.2%. Debt is lower.
Key figures and ratios
EBITDA
€72,875▲
2024 · €52,325
Cash flow
€52,817▲
2024 · €44,250
Quick ratio
0.57▲
2024 · 0.47
Debt to equity
75.90▼
2024 · 80.62
Interest coverage
8.04▲
2024 · 7.18
Debt ≤ 1 year
€133,653▼
2024 · €133,838
Debt > 1 year
€56,086▼
2024 · €67,717
Income taxes
€12,529▲
2024 · €4,792
Staff costs
€118,781▲
2024 · €110,783
A ratio outside any meaningful range has been withheld (balance sheet total €203,621, equity €2,500).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,151 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.8% 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%.
| 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 2,151 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €47,829 | €92,298 | €91,112 | €110,783 | €118,781 | ▲ 7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,000 | €12,791 | €13,752 | €21,930 | €24,917 | ▲ 13.6% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €11,383 | - |
| Other operating charges640/8 | €234 | €1,634 | €2,574 | €2,364 | €1,362 | ▼ 42.4% |
| Gross operating margin9900 | €85,127 | €117,448 | €151,657 | €165,472 | €204,401 | ▲ 23.5% |
| Operating profit (loss)9901 | €25,065 | €10,724 | €44,220 | €30,395 | €47,958 | ▲ 57.8% |
| Financial income75/76B | €808 | €2,274 | €2,006 | €4,007 | €1,538 | ▼ 61.6% |
| Recurring financial income75 | €808 | €2,274 | €2,006 | €4,007 | €1,538 | ▼ 61.6% |
| Financial charges65/66B | €2,064 | €1,240 | €1,418 | €7,290 | €9,067 | ▲ 24.4% |
| Recurring financial charges65 | €2,064 | €1,240 | €1,418 | €7,290 | €9,067 | ▲ 24.4% |
| Profit (loss) for the period before taxes9903 | €23,809 | €11,758 | €44,807 | €27,112 | €40,429 | ▲ 49.1% |
| Income taxes67/77 | €4,872 | €2,235 | €9,530 | €4,792 | €12,529 | ▲ 161% |
| Profit (loss) for the period9904 | €18,937 | €9,523 | €35,277 | €22,320 | €27,900 | ▲ 25.0% |
| Profit (loss) for the period to be appropriated9905 | €18,937 | €9,523 | €35,277 | €22,320 | €27,900 | ▲ 25.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €111,494 | €124,689 | €150,522 | €204,054 | €203,621 | ▼ 0.2% |
| Fixed assets21/28 | €72,200 | €68,169 | €54,417 | €130,161 | €123,059 | ▼ 5.5% |
| Intangible fixed assets21 | €72,000 | €60,000 | €48,000 | €36,000 | €24,000 | ▼ 33.3% |
| Tangible fixed assets22/27 | - | €7,969 | €6,217 | €93,961 | €98,649 | ▲ 5.0% |
| Furniture and vehicles24 | - | €1,948 | €1,535 | €5,127 | €3,619 | ▼ 29.4% |
| Other tangible fixed assets26 | - | €6,020 | €4,682 | €88,834 | €95,030 | ▲ 7.0% |
| Financial fixed assets28 | €200 | €200 | €200 | €200 | €410 | ▲ 105% |
| Current assets29/58 | €39,294 | €56,520 | €96,105 | €73,893 | €80,563 | ▲ 9.0% |
| Stocks and contracts in progress3 | €6,874 | €7,033 | €13,462 | €10,627 | €4,284 | ▼ 59.7% |
| Stocks30/36 | €6,874 | €7,033 | €13,462 | €10,627 | €4,284 | ▼ 59.7% |
| Amounts receivable within one year40/41 | €24,592 | €40,659 | €61,664 | €32,905 | €29,773 | ▼ 9.5% |
| Trade receivables40 | €4,439 | €5,941 | €12,230 | €13,057 | €6,841 | ▼ 47.6% |
| Other amounts receivable41 | €20,153 | €34,718 | €49,434 | €19,848 | €22,931 | ▲ 15.5% |
| Cash at bank and in hand54/58 | €6,977 | €7,847 | €20,979 | €30,362 | €46,506 | ▲ 53.2% |
| Deferred charges and accrued income490/1 | €851 | €981 | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €111,494 | €124,689 | €150,522 | €204,054 | €203,621 | ▼ 0.2% |
| Equity10/15 | €21,437 | €30,961 | €66,238 | €2,500 | €2,500 | = |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | €18,937 | €28,461 | €63,738 | €0 | - | - |
| Distributable reserves133 | €18,937 | €28,461 | €63,738 | €0 | - | - |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Provisions and deferred taxes16 | - | - | - | - | €11,383 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €11,383 | - |
| Other liabilities and charges164/5 | - | - | - | - | €11,383 | - |
| Amounts payable17/49 | €90,057 | €93,728 | €84,284 | €201,554 | €189,739 | ▼ 5.9% |
| Amounts payable after more than one year17 | €10,608 | €7,382 | €3,935 | €67,717 | €56,086 | ▼ 17.2% |
| Financial debts170/4 | €10,608 | €7,382 | €3,935 | €67,717 | €56,086 | ▼ 17.2% |
| Amounts payable within one year42/48 | €75,025 | €74,495 | €77,348 | €133,838 | €133,653 | ▼ 0.1% |
| Current portion of amounts payable after more than one year42 | €3,329 | €3,227 | €3,446 | €14,258 | €11,631 | ▼ 18.4% |
| Trade debts44 | €32,444 | €42,734 | €40,041 | €53,286 | €59,318 | ▲ 11.3% |
| Suppliers440/4 | €32,444 | €42,734 | €40,041 | €53,286 | €59,318 | ▲ 11.3% |
| Advances received on contracts in progress46 | €435 | €2,391 | €909 | €2,047 | €712 | ▼ 65.2% |
| Taxes, remuneration and social security45 | €14,070 | €26,143 | €32,126 | €64,246 | €58,215 | ▼ 9.4% |
| Taxes450/3 | €7,801 | €10,584 | €16,158 | €37,621 | €34,176 | ▼ 9.2% |
| Remuneration and social security454/9 | €6,269 | €15,559 | €15,969 | €26,626 | €24,039 | ▼ 9.7% |
| Other amounts payable47/48 | €24,747 | €0 | €826 | €0 | €3,777 | - |
| Accrued charges and deferred income492/3 | €4,423 | €11,852 | €3,000 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,937 | €9,523 | €35,277 | €22,320 | €27,900 | ▲ 25.0% |
| + Depreciation and write-downs630 | €12,000 | €12,791 | €13,752 | €21,930 | €24,917 | ▲ 13.6% |
| Operating cash flow (approximation) | €30,937 | €22,314 | €49,029 | €44,250 | €52,817 | ▲ 19.4% |
| Investment in fixed assets (approximation) | - | -€8,759 | €0 | -€97,674 | -€17,815 | ▲ 81.8% |
| Change in cash | - | €870 | €13,132 | €9,383 | €16,144 | ▲ 72.1% |
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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2021net €35,277 ▲270%
Net result €35,277, the highest in the series.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €9,523 ▼49.7%
Net result drops to €9,523, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Frasnes-lez-Anvaing · 1 establishment unit since 2021
Ground area
723 m²
Building footprint
360 m²
Volume, LiDAR
2,748 m³
2 parcels, Wallonia · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CHEYAN
since 20212.318.027.509
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51022D0530/00B002 | Wallonia | 591 m² | 1 · 283 m² | 12.1 m · 2 fl. |
| 51022D0527/00M002 | Wallonia | 132 m² | 1 · 77 m² | 12.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteFrasnes-lez-Anvaing2.318.027.509
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,777. 3,488 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
Founded19-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0768541292
Also
9925:BE0768541292
Registered
26-11-2025
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.