CHG
ActiveFinancials · financial year 2025, abbreviated format
2025 annual accounts filed 17 days after the deadline Filed on 17 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00401927.
Annual accounts 2025 filed on 17-08-2026 at the NBB all 6 filings
Equity
-€179
2024 · €6,764
Net result
-€6,943
2024 · €11,145
Total assets
€240,718▼ 61.0%
2024 · €617,628
Solvency
-0.1%▼ 1.2pp
2024 · 1.1%
Multi-year overview
2020 to 2025, 6 financial yearsOperating result
€12,320
▼ 55.1%
2025
20202025
Net result
-€6,943
2025
lowest quarter of the sector
20202025
Equity
-€179
2025
lowest quarter of the sector
20202025
Total assets
€240,718
▼ 61.0%
2025
lowest quarter of the sector
20202025
Debt
€240,897
▼ 60.6%
2025
20202025
Working capital
€136,906
▼ 72.3%
2025
middle half of the sector
20202025
Solvency
-0.1%
▼ 1.2pp
2025
lowest quarter of the sector
20202025
Current ratio
2.68
▼ 3.34
2025
middle half of the sector
20202025
Return on assets (ROA)
-2.9%
▼ 4.7pp
2025
lowest quarter of the sector
20202025
Staff (FTE)
9.5
▼ 2.1%
2025
highest quarter of the sector
20202025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202020212022202320242025
Operating result€162,023-€401,148▲ 148%€477,450▲ 19.0%€372,782▼ 21.9%€27,433▼ 92.6%€12,320▼ 55.1%
Net result€147,540within the sector's middle half-€376,604above the sector's middle half▲ 155%€453,814above the sector's middle half▲ 20.5%€349,460above the sector's middle half▼ 23.0%€11,145below the sector's middle half▼ 96.8%-€6,943below the sector's middle half
Equity€6,540below the sector's middle half-€9,144below the sector's middle half▲ 39.8%€4,958below the sector's middle half▼ 45.8%€7,418below the sector's middle half▲ 49.6%€6,764below the sector's middle half▼ 8.8%-€179below the sector's middle half
Total assets€356,377below the sector's middle half-€436,354below the sector's middle half▲ 22.4%€528,654within the sector's middle half▲ 21.2%€522,013within the sector's middle half▼ 1.3%€617,628within the sector's middle half▲ 18.3%€240,718below the sector's middle half▼ 61.0%
Debt€349,837-€427,210▲ 22.1%€523,696▲ 22.6%€514,595▼ 1.7%€610,864▲ 18.7%€240,897▼ 60.6%
Working capital€129,780within the sector's middle half--€4,175within the sector's middle half-€11,426within the sector's middle half▼ 174%€72,271within the sector's middle half€493,564within the sector's middle half▲ 583%€136,906within the sector's middle half▼ 72.3%
Solvency1.8%below the sector's middle half-2.1%below the sector's middle half▲ 0.3pp0.9%below the sector's middle half▼ 1.2pp1.4%below the sector's middle half▲ 0.5pp1.1%below the sector's middle half▼ 0.3pp-0.1%below the sector's middle half▼ 1.2pp
Current ratio1.58within the sector's middle half-0.99within the sector's middle half▼ 0.590.98within the sector's middle half▼ 0.011.17within the sector's middle half▲ 0.196.01above the sector's middle half▲ 4.842.68within the sector's middle half▼ 3.34
Return on assets (ROA)41.4%above the sector's middle half-86.3%above the sector's middle half▲ 44.9pp85.8%above the sector's middle half▼ 0.5pp66.9%above the sector's middle half▼ 18.9pp1.8%within the sector's middle half▼ 65.1pp-2.9%below the sector's middle half▼ 4.7pp
Staff (FTE)8.7above the sector's middle half-9above the sector's middle half▲ 3.4%8.6above the sector's middle half▼ 4.4%8.6above the sector's middle half=9.7above the sector's middle half▲ 12.8%9.5above the sector's middle half▼ 2.1%
above
within
below
The sector band is the middle half of the companies in Activities auxiliary to financial services and insurance activities (NACE 66). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 55% lower than in 2024 and the lowest since 2021. It is the third fall in a row.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €240,718
Fixed assets
€22,219 ▼ 13.3%
Current assets
€218,499 ▼ 63.1%
Equity and liabilities
Equity-€179
Debt€240,897
Equity is negative. Debt (€240,897) exceeds the balance-sheet total (€240,718).
Key figures and ratios
Debt ≤ 1 year
€81,593▼
2024 · €98,451
Income taxes
€9,255▼
2024 · €17,333
Staff costs
€607,290▲
2024 · €598,345
The equity ratios are withheld because 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.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 10 | 9 | 9 | 10 | 10 |
| full-time | 8 | 7 | 7 | 8 | 7 |
| part-time | 2 | 2 | 2 | 2 | 3 |
| in full-time equivalents | 9.6 | 8.6 | 8.7 | 9.6 | 9.5 |
| Average over the year, in full-time equivalents | 9 | 8.5 | 8.6 | 9.7 | 9.5 |
| On a permanent contract | 10 | 9 | 9 | 10 | 10 |
| Joined | 3 | 1 | - | 2 | - |
| Left | 3 | 2 | - | 1 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €22,607 | €1,930 | €7,044 | €3,280 | €977 |
| Depreciation and write-downs of the year | €1,399 | €2,555 | €3,233 | €3,688 | €4,370 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €497,627 | €468,527 | €535,266 | €598,345 | €607,290 | ▲ 1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,506 | €1,399 | €2,555 | €3,233 | €3,688 | €4,370 | ▲ 18.5% |
| Other operating charges640/8 | - | €882 | €559 | €712 | €779 | €2,340 | ▲ 200% |
| Gross operating margin9900 | €497,721 | €901,057 | €949,090 | €911,993 | €630,245 | €626,320 | ▼ 0.6% |
| Operating profit (loss)9901 | €162,023 | €401,148 | €477,450 | €372,782 | €27,433 | €12,320 | ▼ 55.1% |
| Financial income75/76B | - | - | - | €1,862 | €10,902 | - | - |
| Recurring financial income75 | - | - | - | €1,862 | €10,902 | - | - |
| Financial charges65/66B | - | €7,291 | €6,999 | €6,214 | €9,857 | €10,008 | ▲ 1.5% |
| Recurring financial charges65 | €2,795 | €7,291 | €6,999 | €6,214 | €9,857 | €10,008 | ▲ 1.5% |
| Profit (loss) for the period before taxes9903 | €159,228 | €393,858 | €470,451 | €368,430 | €28,478 | €2,312 | ▼ 91.9% |
| Income taxes67/77 | €11,688 | €17,254 | €16,637 | €18,970 | €17,333 | €9,255 | ▼ 46.6% |
| Profit (loss) for the period9904 | €147,540 | €376,604 | €453,814 | €349,460 | €11,145 | -€6,943 | - |
| Profit (loss) for the period to be appropriated9905 | €147,540 | €376,604 | €453,814 | €349,460 | €11,145 | -€6,943 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €356,377 | €436,354 | €528,654 | €522,013 | €617,628 | €240,718 | ▼ 61.0% |
| Formation expenses20 | €133 | - | - | - | - | - | - |
| Fixed assets21/28 | €1,492 | €22,834 | €22,210 | €26,021 | €25,613 | €22,219 | ▼ 13.3% |
| Tangible fixed assets22/27 | €559 | €21,900 | €21,276 | €25,087 | €24,679 | €21,285 | ▼ 13.8% |
| Plant, machinery and equipment23 | - | €8,839 | €9,703 | €14,079 | €12,391 | €10,703 | ▼ 13.6% |
| Furniture and vehicles24 | - | €13,061 | €11,573 | €11,008 | €12,288 | €10,582 | ▼ 13.9% |
| Financial fixed assets28 | €934 | €934 | €934 | €934 | €934 | €934 | = |
| Current assets29/58 | €354,752 | €413,520 | €506,444 | €495,993 | €592,016 | €218,499 | ▼ 63.1% |
| Amounts receivable within one year40/41 | €227,630 | €244,386 | €11,109 | €3,163 | €9,024 | €9,898 | ▲ 9.7% |
| Trade receivables40 | - | €223,327 | - | €2,000 | €2,000 | - | - |
| Other amounts receivable41 | - | €21,059 | €11,109 | €1,163 | €7,024 | €9,898 | ▲ 40.9% |
| Cash at bank and in hand54/58 | €127,122 | €169,135 | €272,701 | €275,519 | €383,692 | €27,334 | ▼ 92.9% |
| Deferred charges and accrued income490/1 | - | - | €222,634 | €217,310 | €199,299 | €181,268 | ▼ 9.0% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €356,377 | €436,354 | €528,654 | €522,013 | €617,628 | €240,718 | ▼ 61.0% |
| Equity10/15 | €6,540 | €9,144 | €4,958 | €7,418 | €6,764 | -€179 | - |
| Contributions10/11 | - | €4,000 | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Profit (loss) carried forward14 | €2,540 | €5,144 | €958 | €3,418 | €2,764 | -€4,179 | - |
| Amounts payable17/49 | €349,837 | €427,210 | €523,696 | €514,595 | €610,864 | €240,897 | ▼ 60.6% |
| Amounts payable within one year42/48 | €224,971 | €417,696 | €517,870 | €423,722 | €98,451 | €81,593 | ▼ 17.1% |
| Trade debts44 | - | - | - | - | €4,383 | - | - |
| Suppliers440/4 | - | - | - | - | €4,383 | - | - |
| Taxes, remuneration and social security45 | - | €43,696 | €59,870 | €76,722 | €82,268 | €81,593 | ▼ 0.8% |
| Taxes450/3 | - | - | - | - | - | €424 | - |
| Remuneration and social security454/9 | - | €43,696 | €59,870 | €76,722 | €82,268 | €81,169 | ▼ 1.3% |
| Other amounts payable47/48 | - | €374,000 | €458,000 | €347,000 | €11,800 | - | - |
| Accrued charges and deferred income492/3 | - | €9,514 | €5,826 | €90,873 | €512,413 | €159,304 | ▼ 68.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €147,540 | €376,604 | €453,814 | €349,460 | €11,145 | -€6,943 | - |
| + Depreciation and write-downs630 | €1,506 | €1,399 | €2,555 | €3,233 | €3,688 | €4,370 | ▲ 18.5% |
| Operating cash flow (approximation) | €149,046 | €378,003 | €456,369 | €352,693 | €14,833 | -€2,573 | - |
| Investment in fixed assets (approximation) | - | -€22,740 | -€1,930 | -€7,044 | -€3,280 | -€977 | ▲ 70.2% |
| Change in cash | - | €42,013 | €103,566 | €2,818 | €108,173 | -€356,358 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 17-08-2026 | 2026-00401927 | |
| 31-12-2024 | full format | 04-07-2025 | 2025-00245733 | |
| 31-12-2023 | full format | 18-06-2024 | 2024-00155252 | |
| 31-12-2022 | full format | 01-06-2023 | 2023-00104261 | |
| 31-12-2021 | full format | 14-06-2022 | 2022-20079559 | |
| 31-12-2020 | full format | 31-05-2021 | 2021-16200386 |