CHG
ActiveSummary
CHG is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (€-179) and a net result of €-7k. Equity is shrinking by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 7% of 1482 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 1482 sector peers (2025).
NBB · sector comparisonPosition among 1482 sector peers
Solvency
better than 7%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
17 d late
2024
27 d early
2023
43 d early
2022
60 d early
2021
47 d early
2020
61 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, abbreviated schema
Equity
€-179
2024 · €7k
Net result
€-7k
2024 · €11k
Total assets
€241k▼ 61.0%
2024 · €618k
Solvency
-0.1%▼ 1.2pp
2024 · 1.1%
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
Line20212022202320242025
Operating result€401k▲ 148%€477k▲ 19.0%€373k▼ 21.9%€27k▼ 92.6%€12k▼ 55.1%
Net result€377k▲ 155%€454k▲ 20.5%€349k▼ 23.0%€11k▼ 96.8%€-7k
Equity€9k▲ 39.8%€5k▼ 45.8%€7k▲ 49.6%€7k▼ 8.8%€-179
Total assets€436k▲ 22.4%€529k▲ 21.2%€522k▼ 1.3%€618k▲ 18.3%€241k▼ 61.0%
Debt€427k▲ 22.1%€524k▲ 22.6%€515k▼ 1.7%€611k▲ 18.7%€241k▼ 60.6%
Working capital€-4k€-11k▼ 174%€72k€494k▲ 583%€137k▼ 72.3%
Solvency2.1%▲ 0.3pp0.9%▼ 1.2pp1.4%▲ 0.5pp1.1%▼ 0.3pp-0.1%▼ 1.2pp
Staff (FTE)9▲ 3.4%8.6▼ 4.4%8.6=9.7▲ 12.8%9.5▼ 2.1%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 55% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €241k
Fixed assets
€22k ▼ 13.3%
Current assets
€218k ▼ 63.1%
Key figures and ratios
ROA
-2.9%▼
2024 · 1.8%
Debt ≤ 1 year
€82k▼
2024 · €98k
Income taxes
€9k▼
2024 · €17k
Staff costs
€607k▲
2024 · €598k
Equity ratios withheld: equity of €-179 is too small for a meaningful ratio.
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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €498k | €469k | €535k | €598k | €607k | ▲ 1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €3k | €3k | €4k | €4k | ▲ 18.5% |
| Other operating charges640/8 | €882 | €559 | €712 | €779 | €2k | ▲ 200% |
| Gross operating margin9900 | €901k | €949k | €912k | €630k | €626k | ▼ 0.6% |
| Operating profit (loss)9901 | €401k | €477k | €373k | €27k | €12k | ▼ 55.1% |
| Financial income75/76B | - | - | €2k | €11k | - | - |
| Recurring financial income75 | - | - | €2k | €11k | - | - |
| Financial charges65/66B | €7k | €7k | €6k | €10k | €10k | ▲ 1.5% |
| Recurring financial charges65 | €7k | €7k | €6k | €10k | €10k | ▲ 1.5% |
| Profit (loss) for the period before taxes9903 | €394k | €470k | €368k | €28k | €2k | ▼ 91.9% |
| Income taxes67/77 | €17k | €17k | €19k | €17k | €9k | ▼ 46.6% |
| Profit (loss) for the period9904 | €377k | €454k | €349k | €11k | €-7k | ▼ 162% |
| Profit (loss) for the period to be appropriated9905 | €377k | €454k | €349k | €11k | €-7k | ▼ 162% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €436k | €529k | €522k | €618k | €241k | ▼ 61.0% |
| Fixed assets21/28 | €23k | €22k | €26k | €26k | €22k | ▼ 13.3% |
| Tangible fixed assets22/27 | €22k | €21k | €25k | €25k | €21k | ▼ 13.8% |
| Plant, machinery and equipment23 | €9k | €10k | €14k | €12k | €11k | ▼ 13.6% |
| Furniture and vehicles24 | €13k | €12k | €11k | €12k | €11k | ▼ 13.9% |
| Financial fixed assets28 | €934 | €934 | €934 | €934 | €934 | = |
| Current assets29/58 | €414k | €506k | €496k | €592k | €218k | ▼ 63.1% |
| Amounts receivable within one year40/41 | €244k | €11k | €3k | €9k | €10k | ▲ 9.7% |
| Trade receivables40 | €223k | - | €2k | €2k | - | - |
| Other amounts receivable41 | €21k | €11k | €1k | €7k | €10k | ▲ 40.9% |
| Cash at bank and in hand54/58 | €169k | €273k | €276k | €384k | €27k | ▼ 92.9% |
| Deferred charges and accrued income490/1 | - | €223k | €217k | €199k | €181k | ▼ 9.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €436k | €529k | €522k | €618k | €241k | ▼ 61.0% |
| Equity10/15 | €9k | €5k | €7k | €7k | €-179 | ▼ 103% |
| Contributions10/11 | €4k | €4k | €4k | €4k | €4k | = |
| Profit (loss) carried forward14 | €5k | €958 | €3k | €3k | €-4k | ▼ 251% |
| Amounts payable17/49 | €427k | €524k | €515k | €611k | €241k | ▼ 60.6% |
| Amounts payable within one year42/48 | €418k | €518k | €424k | €98k | €82k | ▼ 17.1% |
| Trade debts44 | - | - | - | €4k | - | - |
| Suppliers440/4 | - | - | - | €4k | - | - |
| Taxes, remuneration and social security45 | €44k | €60k | €77k | €82k | €82k | ▼ 0.8% |
| Taxes450/3 | - | - | - | - | €424 | - |
| Remuneration and social security454/9 | €44k | €60k | €77k | €82k | €81k | ▼ 1.3% |
| Other amounts payable47/48 | €374k | €458k | €347k | €12k | - | - |
| Accrued charges and deferred income492/3 | €10k | €6k | €91k | €512k | €159k | ▼ 68.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €377k | €454k | €349k | €11k | €-7k | ▼ 162% |
| + Depreciation and write-downs630 | €1k | €3k | €3k | €4k | €4k | ▲ 18.5% |
| Operating cash flow (approximation) | €378k | €456k | €353k | €15k | €-3k | ▼ 117% |
| Investment in fixed assets (approximation) | - | €-2k | €-7k | €-3k | €-977 | ▲ 70.2% |
| Change in cash | - | €104k | €3k | €108k | €-356k | ▼ 429% |
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
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 17 days late
2025
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity times 5current ratio 6.01
Current ratio from 1.17 to 6.01; short-term debt falls from €424k to €98k.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2020net €454k ▲20.5%
Operating result €477k, net result €454k, both a record.
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · full 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
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, Grez-Doiceau · 1 establishment unit since 2020
Ground area
7,122 m²
Building footprint
759 m²
Volume, LiDAR
4,009 m³
2 parcels, Wallonia · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
BNP PARIBAS FORTIS
since 20202.301.998.060
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25037D0007/00C004 | Wallonia | 6,479 m² | 1 · 619 m² | 7.3 m · 2 fl. |
| 25018A0385/00K002 | Wallonia | 642 m² | 1 · 140 m² | 10.6 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
Legal Entity Identifier
894500OHN6MTGIDNK905
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Of 1,682 companies in sector 66191 we hold annual accounts for 1,230. 271 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
Founded28-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
66191Agents and brokers in banking services
Scores and ratios are computed by Checked and are not a credit decision.