CHEZ M
ActiveCHEZ M has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €275k and a net result of €13k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 77% of 13270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▲+7
Solvency87▼-4
Growth52=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 2.48 against 2.95 in 2024; short-term debt: 30.3% and cash: 56.8% of total assets), and 38.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
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
61.7%
Return on assets
3%
Age of the figures
9 mo
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 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 d early
2024
24 d late
2023
51 d early
2022
39 d early
2021
25 d early
2020
31 d late
2019
90 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€13k▼ 42.0%
2024 · €23k
2018: €40k
2019: €48k
2020: €69k
2021: €123k
2022: €206k
2023: €38k
2024: €23k
2018 → 2025
Working capital
€200k▼ 25.3%
2024 · €267k
2018: €39k
2019: €120k
2020: €159k
2021: €288k
2022: €476k
2023: €277k
2024: €267k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€393k-€599k▲ 52.4%€382k▼ 36.3%€363k▼ 5.0%€275k▼ 24.2%
Operating result€171k-€250k▲ 46.5%€63k▼ 74.8%€56k▼ 11.7%€35k▼ 36.8%
Net result€123k-€206k▲ 67.7%€38k▼ 81.6%€23k▼ 38.6%€13k▼ 42.0%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 37% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €445k
Fixed assets
€111k▼ 22.3%
Current assets
€335k▼ 17.2%
Equity and liabilities €445k
Equity
€275k▼ 24.2%
Debt
€170k▼ 7.3%
The debt ratio rises from 33.6% to 38.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€67k▼
2024 · €86k
Cash flow
€45k▼
2024 · €54k
Solvency
61.7%▼
2024 · 66.4%
Current ratio
2.48▼
2024 · 2.95
Quick ratio
2.22▼
2024 · 2.74
Debt / equity
0.62▲
2024 · 0.51
ROE
4.9%▼
2024 · 6.4%
ROA
3.0%▼
2024 · 4.3%
Interest coverage
4.90▲
2024 · 3.88
Debt
€170k▼
2024 · €184k
Debt ≤ 1 year
€135k▼
2024 · €137k
Debt > 1 year
€35k▼
2024 · €47k
Income taxes
€9k▼
2024 · €11k
Staff costs
€404k▼
2024 · €425k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€547k€445k▼
Fixed assets21/28€143k€111k▼
Intangible fixed assets21€319€115▼
Tangible fixed assets22/27€142k€110k▼
Plant, machinery and equipment23€98k€75k▼
Furniture and vehicles24€40k€33k▼
Other tangible fixed assets26€5k€3k▼
Financial fixed assets28€570€570=
Current assets29/58€404k€335k▼
Stocks and contracts in progress3€29k€34k▲
Stocks30/36€29k€34k▲
Amounts receivable within one year40/41€55k€47k▼
Trade receivables40€29k€9k▼
Other amounts receivable41€26k€38k▲
Cash at bank and in hand54/58€320k€253k▼
Deferred charges and accrued income490/1€158€158=
Equity and liabilities
Total equity and liabilities10/49€547k€445k▼
Equity10/15€363k€275k▼
Contributions10/11€19k€19k=
Reserves13€81k€81k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€79k€79k=
Profit (loss) carried forward14€263k€175k▼
Amounts payable17/49€184k€170k▼
Amounts payable after more than one year17€47k€35k▼
Financial debts170/4€47k€35k▼
Amounts payable within one year42/48€137k€135k▼
Current portion of amounts payable after more than one year42€42k€28k▼
Trade debts44€23k€23k▼
Suppliers440/4€23k€23k▼
Taxes, remuneration and social security45€70k€84k▲
Taxes450/3€20k€19k▼
Remuneration and social security454/9€50k€65k▲
Other amounts payable47/48€812€812=
Income statement
Code20242025
Remuneration, social security and pensions62€425k€404k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€32k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€514k€474k▼
Operating profit (loss)9901€56k€35k▼
Financial income75/76B€349€633▲
Recurring financial income75€349€633▲
Financial charges65/66B€22k€14k▼
Recurring financial charges65€22k€14k▼
Profit (loss) for the period before taxes9903€34k€22k▼
Income taxes67/77€11k€9k▼
Profit (loss) for the period9904€23k€13k▼
Profit (loss) for the period to be appropriated9905€23k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€305k€276k▼
Profit (loss) brought forward from the previous period14P€281k€263k▼
Profit to be distributed694/7€42k€101k▲
Return on contributions (dividend)694€42k€101k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation2 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation2 facts ▸
- General meeting, 01/06/2026
- Director resignation, RENKIN Stéphane (administrateur)
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €13k ▼42%
Net result drops to €13k, the lowest in the series.
24-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 24 days late
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €206k ▲67.7%
Operating result €250k, net result €206k, both a record.
31-12
Financial
Equity above €500kEq €599k ▲52.4%
5 profitable years in a row build equity to €599k.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 90 days late
2019
31-12
Financial
Equity above €200kEq €201k ▲31%
2 profitable years in a row build equity to €201k.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 8 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 21 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-06-2026
Resigned as Director
Location & real-estate footprint
Registered office, Herstal · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Arnold Delsupexhe 24040 HerstalGround area
1,061 m²
Building footprint
279 m²
Volume, LiDAR
1,776 m³
Parcel 62051C0627/00M002, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CHEZ M
since 20032.166.493.218
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62051C0627/00M002 | Wallonia | 1,061 m² | 1 · 279 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 siteHerstal2.166.493.218
Similar companies · same sector, comparable size
DARON
BE 0863.046.810
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BEFEKA
BE 0468.606.208
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BINBOGA
BE 0811.494.080
Brecht · Eq €275k
DE CARRÉ
BE 0472.959.429
Brugge · Eq €275k
FOSMAL
BE 0477.019.274
Brussel · Eq €275k
Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 7,875 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-11-2003
Fiscal year end31-12
Activities, NACEBEL
55301
55522
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.