CHIC MODE
ActiveSummary
CHIC MODE has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45,817 and a net result of €18,568. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 67% of 22,774 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 23-04-2014 Normal situation
- Activity
- Retail sale of women's outerwear NACE 47711and 1 other
- Establishment unit
- 2.232.084.222 1070 Anderlecht, since 23-04-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2025
Board and ownership
- JAVEED NaveedDirector · since 17-04-2014
- JAVED ShabanDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
- Gross margin
- €26,008
- ▲ 28.5%
- Turnover
- ≈ €130,000
- estimated
- Profit
- €18,568
- ▼ 4.8%
- Equity
- €45,817
- ▲ 68.1%
- Total assets
- €87,737
- ▲ 43.8%
Score breakdownraises risk1 change of registered office in 24 months1 of the last 3 accounts lateSize: total assets €87,737lowers riskLiquidity: current ratio 2.09, cash €27,541Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 47, micro). It does better than 66% of them on solvency, 72% on liquidity, 85% on profitability and 89% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 26 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 22-07-2026 at the NBB all 12 filings
Every figure per financial year
The operating result for 2025 is 30% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €117,688 | - | - | - | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €295 | €74 | - | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €382 | €274 | €439 | €290 | €13 | ▼ 95.4% |
| Gross operating margin9900 | €2,298 | -€2,116 | -€28 | €9,613 | €2,170 | -€6,047 | €20,238 | €26,008 | ▲ 28.5% |
| Operating profit (loss)9901 | €2,003 | -€2,189 | -€28 | €9,231 | €1,895 | -€6,486 | €19,948 | €25,994 | ▲ 30.3% |
| Financial income75/76B | - | - | - | - | €0 | - | €0 | - | - |
| Recurring financial income75 | €110 | €0 | - | - | €0 | - | €0 | - | - |
| Financial charges65/66B | - | - | - | €161 | €359 | €325 | €297 | €668 | ▲ 125% |
| Recurring financial charges65 | €101 | €373 | €297 | €161 | €359 | €325 | €297 | €668 | ▲ 125% |
| Profit (loss) for the period before taxes9903 | €2,013 | -€2,562 | -€325 | €9,069 | €1,537 | -€6,811 | €19,651 | €25,326 | ▲ 28.9% |
| Income taxes67/77 | - | - | - | - | - | - | €148 | €6,758 | ▲ 46× |
| Profit (loss) for the period9904 | €2,013 | -€2,562 | -€325 | €9,069 | €1,537 | -€6,811 | €19,504 | €18,568 | ▼ 4.8% |
| Profit (loss) for the period to be appropriated9905 | €2,013 | -€2,562 | -€325 | €9,069 | €1,537 | -€6,811 | €19,504 | €18,568 | ▼ 4.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €52,049 | €48,794 | €17,691 | €20,041 | €42,598 | €32,504 | €61,022 | €87,737 | ▲ 43.8% |
| Formation expenses20 | €74 | - | - | - | - | - | - | - | - |
| Current assets29/58 | €51,975 | €48,794 | €17,691 | €20,041 | €42,598 | €32,504 | €61,022 | €87,737 | ▲ 43.8% |
| Stocks and contracts in progress3 | €46,049 | €48,260 | €16,720 | €16,720 | €32,720 | €29,200 | €30,606 | €60,196 | ▲ 96.7% |
| Stocks30/36 | - | - | - | €16,720 | €32,720 | €29,200 | €30,606 | €60,196 | ▲ 96.7% |
| Amounts receivable within one year40/41 | €2,390 | - | - | €124 | €8,071 | €231 | - | - | - |
| Trade receivables40 | - | - | - | - | €8,071 | €231 | - | - | - |
| Other amounts receivable41 | - | - | - | €124 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €3,536 | €534 | €971 | €3,196 | €1,807 | €3,073 | €29,983 | €27,541 | ▼ 8.1% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €433 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €52,049 | €48,794 | €17,691 | €20,041 | €42,598 | €32,504 | €61,022 | €87,737 | ▲ 43.8% |
| Equity10/15 | -€202 | -€2,765 | -€3,089 | €5,980 | €7,517 | €706 | €27,249 | €45,817 | ▲ 68.1% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €18 | €18 | €18 | €18 | €18 | €18 | €18 | €18 | = |
| Non-distributable reserves130/1 | - | - | - | €18 | €18 | €18 | €18 | €18 | = |
| Reserves not available under the articles1311 | - | - | - | €18 | €18 | €18 | €18 | €18 | = |
| Profit (loss) carried forward14 | -€18,820 | -€21,383 | -€21,707 | -€12,638 | -€11,101 | -€17,912 | €8,631 | €27,199 | ▲ 215% |
| Amounts payable17/49 | €52,251 | €51,558 | €20,780 | €14,061 | €35,081 | €31,798 | €33,772 | €41,920 | ▲ 24.1% |
| Amounts payable within one year42/48 | €52,251 | €51,558 | €20,780 | €14,061 | €35,081 | €31,798 | €33,772 | €41,920 | ▲ 24.1% |
| Trade debts44 | €13,509 | €3,688 | €149 | €491 | €12,552 | - | €100 | €229 | ▲ 130% |
| Suppliers440/4 | - | - | - | €491 | €12,552 | - | €100 | €229 | ▲ 130% |
| Taxes, remuneration and social security45 | - | - | - | €94 | €3,638 | €1,988 | €3,913 | €12,864 | ▲ 229% |
| Taxes450/3 | - | - | - | €94 | €3,638 | €1,988 | €3,913 | €12,864 | ▲ 229% |
| Other amounts payable47/48 | - | - | - | €13,475 | €18,892 | €29,810 | €29,760 | €28,827 | ▼ 3.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,013 | -€2,562 | -€325 | €9,069 | €1,537 | -€6,811 | €19,504 | €18,568 | ▼ 4.8% |
| + Depreciation and write-downs630 | €295 | €74 | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | €2,308 | -€2,489 | -€325 | €9,069 | €1,537 | -€6,811 | €19,504 | €18,568 | ▼ 4.8% |
| Change in cash | - | -€3,002 | €437 | €2,226 | -€1,389 | €1,265 | €26,910 | -€2,441 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as CHIC MODE has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of CHIC MODE itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for CHIC MODE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 22-07-2026 | 2026-00318160 | |
| 31-12-2024 | micro format | 21-08-2025 | 2025-00389530 | |
| 31-12-2023 | micro format | 05-10-2024 | 2024-00505476 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00425592 | |
| 31-12-2021 | micro format | 26-08-2022 | 2022-20338520 | |
| 31-12-2020 | micro format | 18-08-2021 | 2021-50500469 | |
| 31-12-2019 | micro format | 28-08-2020 | 2020-47200445 | |
| 31-12-2018 | micro format | 26-08-2019 | 2019-51100110 | |
| 31-12-2017 | micro format | 14-08-2018 | 2018-46200103 | |
| 31-12-2016 | full format | 16-08-2017 | 2017-43900382 |
Board & ownership
Directors
Owners and capital
Shareholders
- JAVEED Naveed all shares
Capital transactions
- 10-01-2024 Capital stated in the deed · €18,600 · 100 shares
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| JAVED Shaban |
|
| JAVEED Naveed |
|
Network & group
CHIC MODE shares no director with another company.
Companies at the same address
2 other companiesConnections & network
2 current directorsThe network starts from the directors of CHIC MODE. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
19-01
Gazette deed
Registered office moved within AnderlechtNew seat: Rue Brogniez 49 à 1070 Anderlecht · Previous seat: Rue Frans Hals 107 - 1070 Anderlecht3 points ▸
- General meeting, 15-12-2025
- Registered-office move, Rue Brogniez 49 à 1070 Anderlecht
- Other provision, “clôture du procès-verbal, membres du Bureau” (deed in French)
10-01
Gazette deed
Change of role: JAVEED Naveed, from manager to directorShareholding · Power of attorney · Capital15 points ▸
- General meeting, 27-12-2023
- Other provision, “statuts non modifiés depuis constitution” (deed in French)
- JAVEED Naveed holds all the shares
- Other provision, “régime matrimonial, défaut de contrat de mariage,régime inchangé conventionnellement” (deed in French)
- Power of attorney, HENRY Camille Patricia (collaboratrice du notaire soussigné)
- Capital, €18,600
- Other provision, “ordre du jour et quorum de présence”, 100 (deed in French)
- Amendment of the articles, mentioned 2 times in the deed
- Other provision, “associés désormais actionnaires,parts devenues actions” (deed in French)
- Other provision, “approbation des statuts article par article, assemblée générale” (deed in French)
- Registered office clause, “1070 Anderlecht, Rue Frans Hals”, 107 (deed in French)
- Director resignation, JAVEED Naveed (manager)
- The act holds 3 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21305B0213/00F008 | Brussels | 119 m² | 1 · 116 m² | 16.4 m · 2 |