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Chic-Shop

Active Private limited companyfounded 1969active for 57 yearsRue Haute 45, 4600 ViséKBO/BCE: BE 0406.746.140 #3 oldest company in the province of Liège, Personal services sector

Lifetime

20 annual accounts with figures on one time axis, 47 filings since 1977
peak €303,488 (2009)
€185,244▲ 5.3%
lowest -€15,400 (2020)
€32,734▲ 19.5%
peak €347,696 (2022)
€299,249▲ 12.3%
€84,529▼ 38.2%
peak 7 FTE (2006)
2.7 FTEunchanged
Board1 name since 2015
Documentsfilings and deeds
08-07-202623 days before the deadline
2025abbreviated format
Equity from €266,515 to €299,249Debts from €136,756 to €84,529

Key points

from the 2025 annual accounts

Equity

€299,249 ▲ 12.3%

Chic-Shop has made a profit without a break since 2021.

Turnover

≈ €330,000 estimated

The accounts state no turnover.

Staff

2.7 FTE from 7 in 2006

Between 2006 and 2025, 61% of the full-time equivalents disappeared.

Liquidity

1.30 was 0.74 in 2024

Short-term debts fell from €131,155 to €84,529.

Filings

47 annual accounts since 1977
AprilJune31 JulyOctober1980199520102025

The last five annual accounts were filed 23 to 86 days before the end of the period.

Position in the sector

78.0%

Higher solvency than 86% of companies in personal services. Sector median 30.8% · 1,384 companies.

Checked score

97
Excellent
Financially stronger than 73% of micro companies in personal services (NACE 96)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 7,626 companies (NACE 96, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100+9equity 78.0% of total assets
68+12short-term debt 22.0% · cash 20.2%
79+2return on assets 8.5%

Score breakdown

lowers risk
Founded in 1969
Liquidity: current ratio 1.30, cash €77,515
Equity €299,249 (78.0% of total assets)
Profit of €32,734 (financial year 2025)
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 96, micro). It does better than 93% of them on solvency, 72% on liquidity, 66% on profitability and 60% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as Chic-Shop has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Chic-Shop itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 31,368 companies, not a prediction for Chic-Shop. 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.

Credit verdict

Credit of up to €25,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.3 (0.74 in 2024), below the usual 1.5. Short-term debt is 22% and cash 20.2% of total assets. 22% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Founded in 1969
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.30, cash €77,515
NBB · annual accounts
lowers risk · Equity €299,249 (78.0% of total assets)
NBB · annual accounts
lowers risk · Profit of €32,734 (financial year 2025)
NBB · annual accounts
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 days early
2024
29 days early
2023
35 days early
2022
47 days early
2021
86 days early
2020
75 days early
2019
42 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 48 days before the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

RB
Director, since 01-05-2015
  • REUL Christian Gérard Marie Ghislain all the sharesdeed of 19-04-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0406746140
Amendment of the articles · Legal-form change · Resignations & appointments Resignation: REUL Bastien Jean Arthur Christian (manager) · Reappointment: REUL Bastien Jean Arthur Christian (director) · REUL Christian Gérard Marie Ghislain holds all the shares · General meeting of 14-04-2023 · Gazette deed
First establishment CHIC SHOP SERVICE CENTER, Rue Haute 45, Visé
All 57 events

Comparable companies

same main activity, similar in size and age
Company
Chic-Shop Visé €383,778 €185,244 78.0% 2.7
Wasserij Nova Antwerp €327,002 €228,989 59.3% 1.9
Evetra Ixelles €778,861 €191,226 28.6% 2.6
LAVOIR MORLANWELZ Morlanwelz €432,249 €113,244 45.4% 1.1
BLANCHISSERIE L'OCEAN Liège €401,465 €220,144 72.3% 3.8
LAVOIR SAINT - LEONARD Oupeye €217,087 €65,172 0.3% 1.4
Grande Teinturerie Royale Ixelles €138,029 €121,581 -203.9% 2.2

These companies have the same main activity as Chic-Shop: personal service activities (NACE 96101). They are comparable in size and age: total assets between €138,000 and €779,000, founded between 1968 and 1989.

Official details

Source: KBO
Status
Active since 01-07-1969Normal situation
Activity
Personal service activitiesNACE 96101
Joint committee
110Textile care · annual accounts 2025
Establishment unit
2.002.624.1884600 Visé, since 01-07-1969
Financial year end
31 December
Peppol
Reachable since 01-12-2025
Company details

Annual accounts 2025

€383,778▼ 4.8%
Employeeson 31-12-2025
4▼ 20.0%
Filing
Filed on 08-07-2026, 23 days before the end of the filing period
Financials

Insights on Chic-Shop

Chic-Shop files the abbreviated format. That format states no turnover. The gross margin fell from €205,266 in 2006 to €185,244 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Chic-Shop

What is the company number of Chic-Shop?
The company number of Chic-Shop is 0406.746.140. The VAT number is the same number with BE in front: BE 0406.746.140.
Where is Chic-Shop based?
The registered office is at Rue Haute 45, 4600 Visé.Company details
What does Chic-Shop do?
According to the KBO register, the main activity is personal service activities (NACE 96101).
What is the legal form of Chic-Shop?
Chic-Shop is a private limited company (BV).
When was Chic-Shop founded?
Chic-Shop was founded on 01-07-1969.
Is Chic-Shop still active?
Yes, Chic-Shop is an active enterprise in the KBO register.
How many employees does Chic-Shop have?
Chic-Shop had an average of 2.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Chic-Shop fall under?
In its 2025 annual accounts, Chic-Shop states joint committee 110 (Textile care).
What is the turnover of Chic-Shop?
The turnover in financial year 2025 is ≈ €330,000. This figure is estimated from the gross margin of €185,244 and 38 comparable companies (NACE 96). It probably lies between €240,000 and €380,000.
Is Chic-Shop profitable?
In financial year 2025, Chic-Shop made a profit of €32,734.
Where can I find the annual accounts of Chic-Shop?
Chic-Shop filed 47 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Chic-Shop due?
Chic-Shop must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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