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CHICANE

Active
Private limited companyfounded 200818 yrs activeKerkstraat 105, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0896.230.411
Summary

CHICANE has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€140,242) and a net result of -€4,966. Equity is shrinking by ~17% per year across the filed fiscal years. Its solvency ranks better than 12% of 9527 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
44 / 100
Weak
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability46▲+1
Solvency16▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.27 against 0.24 in 2023; short-term debt: 27.7% and cash: 2.6% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-9.1%
Return on assets
-0.3%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 18 years 0 20 y
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€140,242
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-07-2025, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
18 d early
2023
19 d early
2022
57 d late
2021
2 d early
2020
31 d late
2019
42 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 15 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 5 March 2008, CHICANE was incorporated.1 Total assets went from EUR 2 million in 2018 to EUR 1.5 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
-€140,242▼ 3.7%
2023 · -€135,276
Total assets
€1.5m▼ 3.8%
2023 · €1.6m
Net result
-€4,966▼ 398%
2023 · -€996
Working capital
-€309,748▼ 12.1%
2023 · -€276,382
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€86,689▲ 60.9%€20,791▼ 76.0%-€9,200€46,383€36,194▼ 22.0%
Net result€31,606within the sector's middle half-€40,924below the sector's middle half-€63,351below the sector's middle half▼ 54.8%-€996below the sector's middle half▲ 98.4%-€4,966below the sector's middle half▼ 398%
Equity-€30,004below the sector's middle half▲ 62.2%-€70,928below the sector's middle half▼ 136%-€134,280below the sector's middle half▼ 89.3%-€135,276below the sector's middle half▼ 0.7%-€140,242below the sector's middle half▼ 3.7%
Total assets€1.8mabove the sector's middle half▼ 2.1%€1.7mabove the sector's middle half▼ 4.7%€1.7mabove the sector's middle half▼ 5.1%€1.6mabove the sector's middle half▼ 3.7%€1.5mabove the sector's middle half▼ 3.8%
Debt€1.9m▼ 4.5%€1.8m▼ 2.5%€1.8m▼ 1.4%€1.7m▼ 3.4%€1.7m▼ 3.2%
Working capital-€5,597within the sector's middle half▲ 91.6%-€132,653below the sector's middle half▼ 2,270%-€227,314below the sector's middle half▼ 71.4%-€276,382below the sector's middle half▼ 21.6%-€309,748below the sector's middle half▼ 12.1%
Solvency-1.6%below the sector's middle half▲ 2.6pp-4.1%below the sector's middle half▼ 2.4pp-8.1%below the sector's middle half▼ 4.0pp-8.5%below the sector's middle half▼ 0.4pp-9.1%below the sector's middle half▼ 0.7pp
Current ratio0.96within the sector's middle half▲ 0.410.21below the sector's middle half▼ 0.750.17below the sector's middle half▼ 0.040.24below the sector's middle half▲ 0.060.27below the sector's middle half▲ 0.03
Return on assets (ROA)1.7%within the sector's middle half▲ 2.4pp-2.3%below the sector's middle half▼ 4.1pp-3.8%below the sector's middle half▼ 1.5pp-0.1%below the sector's middle half▲ 3.8pp-0.3%below the sector's middle half▼ 0.3pp
above within below the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000-€50,000€0€50,000€100,000Operating result 2020: €86,689€86,689Net result 2020: €31,606€31,606Operating result 2021: €20,791€20,791Net result 2021: -€40,924-€40,924Operating result 2022: -€9,200-€9,200Net result 2022: -€63,351-€63,351Operating result 2023: €46,383€46,383Net result 2023: -€996-€996Operating result 2024: €36,194€36,194Net result 2024: -€4,966-€4,96620202021202220232024-€100,000-€50,000€0€50,000Operating result 2022: -€9,200-€9,200Net result 2022: -€63,351-€63,400Operating result 2023: €46,383€46,400Net result 2023: -€996-€996Operating result 2024: €36,194€36,200Net result 2024: -€4,966-€4,970202220232024
The operating result falls in 2024; 2024 is 22% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.5m
Fixed assets €1.4m ▼ 6.0%
Current assets €115,885 ▲ 34.4%
Key figures and ratios
2024 value · change against 2023
EBITDA
€138,047▼
2023 · €146,860
Cash flow
€96,886▼
2023 · €99,482
Debt to equity
-11.95▲
2023 · -12.81
Interest coverage
3.37▲
2023 · 3.11
Debt ≤ 1 year
€425,633▲
2023 · €362,608
Debt > 1 year
€1.2m▼
2023 · €1.4m
Income taxes
€164▼
2023 · €172
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,217 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96% are still going.

  • Small
  • 10 to 20 years old
  • negative equity
  • a small loss
1.1% went bankrupt
2.6% stopped otherwise
96% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,217 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.6m€1.5m▼
Formation expenses20€0€0=
Fixed assets21/28€1.5m€1.4m▼
Tangible fixed assets22/27€1.5m€1.4m▼
Land and buildings22€1.5m€1.4m▼
Plant, machinery and equipment23€0€6,864▲
Furniture and vehicles24€35,531€22,001▼
Current assets29/58€86,226€115,885▲
Amounts receivable within one year40/41€23,491€73,690▲
Trade receivables40€4,629€54,828▲
Other amounts receivable41€18,862€18,862=
Cash at bank and in hand54/58€24,378€39,575▲
Deferred charges and accrued income490/1€38,356€2,620▼
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.5m▼
Equity10/15-€135,276-€140,242▼
Contributions10/11€18,600€18,600=
Revaluation surpluses12€533,440€533,440=
Reserves13€106,560€106,560=
Distributable reserves133€106,560€106,560=
Profit (loss) carried forward14-€793,876-€798,842▼
Amounts payable17/49€1.7m€1.7m▼
Amounts payable after more than one year17€1.4m€1.2m▼
Financial debts170/4€1.4m€1.2m▼
Amounts payable within one year42/48€362,608€425,633▲
Current portion of amounts payable after more than one year42€132,910€139,140▲
Trade debts44€1,856€37,674▲
Suppliers440/4€1,856€37,674▲
Taxes, remuneration and social security45€16,446€17,990▲
Taxes450/3€16,446€17,990▲
Other amounts payable47/48€211,397€230,830▲
Accrued charges and deferred income492/3-€19,000
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€100,478€101,852▲
Other operating charges640/8€8,663€8,978▲
Gross operating margin9900€155,523€147,025▼
Operating profit (loss)9901€46,383€36,194▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€47,206€40,996▼
Recurring financial charges65€47,206€40,996▼
Profit (loss) for the period before taxes9903-€824-€4,802▼
Income taxes67/77€172€164▼
Profit (loss) for the period9904-€996-€4,966▼
Profit (loss) for the period to be appropriated9905-€996-€4,966▼
Appropriation of the result
Profit (loss) to be appropriated9906-€793,876-€798,842▼
Profit (loss) brought forward from the previous period14P-€792,880-€793,876▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€91,869€93,882€100,607€100,478€101,852▲ 1.4%
Other operating charges640/8-€26,474€7,907€8,663€8,978▲ 3.6%
Gross operating margin9900€186,211€141,147€99,314€155,523€147,025▼ 5.5%
Operating profit (loss)9901€86,689€20,791-€9,200€46,383€36,194▼ 22.0%
Financial income75/76B-€0€2€0--
Recurring financial income75-€0€2€0--
Financial charges65/66B-€61,615€53,970€47,206€40,996▼ 13.2%
Recurring financial charges65€58,083€61,615€53,970€47,206€40,996▼ 13.2%
Profit (loss) for the period before taxes9903€31,606-€40,824-€63,168-€824-€4,802▼ 483%
Income taxes67/77-€101€184€172€164▼ 4.7%
Profit (loss) for the period9904€31,606-€40,924-€63,351-€996-€4,966▼ 398%
Profit (loss) for the period to be appropriated9905€31,606-€40,924-€63,351-€996-€4,966▼ 398%
Line20202021202220232024Change
Assets
Total assets20/58€1.8m€1.7m€1.7m€1.6m€1.5m▼ 3.8%
Formation expenses20---€0€0-
Fixed assets21/28€1.7m€1.7m€1.6m€1.5m€1.4m▼ 6.0%
Tangible fixed assets22/27€1.7m€1.7m€1.6m€1.5m€1.4m▼ 6.0%
Land and buildings22-€1.6m€1.6m€1.5m€1.4m▼ 5.7%
Plant, machinery and equipment23-€129-€0€6,864-
Furniture and vehicles24-€64,641€50,086€35,531€22,001▼ 38.1%
Current assets29/58€125,368€35,739€47,648€86,226€115,885▲ 34.4%
Amounts receivable within one year40/41€96,012€30,667€21,162€23,491€73,690▲ 214%
Trade receivables40-€11,805€2,300€4,629€54,828▲ 1,084%
Other amounts receivable41-€18,862€18,862€18,862€18,862=
Cash at bank and in hand54/58€27,228€2,868€23,211€24,378€39,575▲ 62.3%
Deferred charges and accrued income490/1-€2,204€3,275€38,356€2,620▼ 93.2%
Equity and liabilities
Total equity and liabilities10/49€1.8m€1.7m€1.7m€1.6m€1.5m▼ 3.8%
Equity10/15-€30,004-€70,928-€134,280-€135,276-€140,242▼ 3.7%
Contributions10/11-€18,600€18,600€18,600€18,600=
Revaluation surpluses12-€533,440€533,440€533,440€533,440=
Reserves13€106,560€106,560€106,560€106,560€106,560=
Distributable reserves133-€106,560€106,560€106,560€106,560=
Profit (loss) carried forward14-€688,604-€729,528-€792,880-€793,876-€798,842▼ 0.6%
Amounts payable17/49€1.9m€1.8m€1.8m€1.7m€1.7m▼ 3.2%
Amounts payable after more than one year17€1.7m€1.7m€1.5m€1.4m€1.2m▼ 10.1%
Financial debts170/4-€1.7m€1.5m€1.4m€1.2m▼ 10.1%
Amounts payable within one year42/48€130,965€168,392€274,962€362,608€425,633▲ 17.4%
Current portion of amounts payable after more than one year42-€140,448€146,358€132,910€139,140▲ 4.7%
Trade debts44€1,599€21,798€10,221€1,856€37,674▲ 1,930%
Suppliers440/4-€21,798€10,221€1,856€37,674▲ 1,930%
Taxes, remuneration and social security45-€6,146€14,384€16,446€17,990▲ 9.4%
Taxes450/3-€6,146€14,384€16,446€17,990▲ 9.4%
Other amounts payable47/48--€104,000€211,397€230,830▲ 9.2%
Accrued charges and deferred income492/3--€14,750-€19,000-
Line20202021202220232024Change
Profit (loss) for the period9904€31,606-€40,924-€63,351-€996-€4,966▼ 398%
+ Depreciation and write-downs630€91,869€93,882€100,607€100,478€101,852▲ 1.4%
Operating cash flow (approximation)€123,475€52,958€37,256€99,482€96,886▼ 2.6%
Investment in fixed assets (approximation)--€96,839€0€0-€11,241-
Change in cash--€24,360€20,343€1,167€15,197▲ 1,202%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
13-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
26-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 57 days late
2022
31-12
Financial Weakest financial yearnet -€63,351
Net result drops to -€63,351, the lowest in the series; recovery starts the following year.
29-07
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
31-12
Financial Back to profitnet €31,606
Net result €31,606 after 2 loss-making years.
11-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
2019
31-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Heusden-Zolder · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
7,717 m²
Building footprint
556 m²
Volume, LiDAR
2,839 m³
Parcel 71462D0677/00N020, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
GLOBAL CARE CLINIC
Kerkstraat 105, 3550 Heusden-ZolderRenting and operating of own or leased non-residential real estate, excluding land
since 20082.170.404.001
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71462D0677/00N020 Flanders 7,717 m² 1 · 556 m² 7.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 24,517 companies in sector 82990 we hold annual accounts for 9,421. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded05-03-2008
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0896230411
Also 9925:BE0896230411
Registered 19-03-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.