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CHICANE.BE

Active
Private limited companyfounded 2003active for 23 yearsLauwstraat 26, 9051 Gent, BelgiumKBO/BCE: BE 0860.738.507
Summary

CHICANE.BE has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €147,013 and a net result of €38,620. Equity has been growing by about 8.9% per year since 2018. Its solvency ranks better than 75% of 155 sector peers (NACE 51, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 26-09-2003 Normal situation
Activity
Air transport NACE 51100and 5 others
Establishment unit
2.133.867.861 9051 Gent, since 22-09-2003
Financial year end
31 December
Peppol
Reachable since 12-05-2025

Board and ownership

Board

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€82,102
▲ 74.7%
Turnover
≈ €250,000
estimated
Profit
€38,620
▲ 273%
Equity
€147,013
▼ 57.3%
Total assets
€195,661
▼ 43.7%
Score breakdownlowers riskLiquidity: current ratio 67.51, cash €106,583Equity €147,013 (75.1% of total assets)Founded in 2003Size: total assets €195,661Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 68% of micro companies in air transport (NACE 51)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 75.1% of total assets
Liquidity 100+5
short-term debt 0.8% · cash 54.5%
Profitability 93+21
return on assets 19.7%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (202 companies, NACE 51, micro)
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 05-2025highest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged 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 06-2026lowest value 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
Credit of up to €14,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 67.51, above the usual 1.5. Short-term debt is 0.8% and cash 54.5% of total assets. 24.9% of the assets are financed with debt and provisions.
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 51, micro). It does better than 88% of them on solvency, 97% on liquidity, 80% on profitability and 9% 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

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 67.51, cash €106,583
NBB · annual accounts
lowers risk · Equity €147,013 (75.1% of total assets)
NBB · annual accounts
lowers risk · Founded in 2003
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 · Size: total assets €195,661
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
31 days early
2023
30 days early
2022
30 days early
2021
36 days early
2020
33 days early
2019
32 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 32 days before the deadline. In the sector (NACE 51), the median for financial year 2024 was 10 days before the deadline, and 35% 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 30 June (5 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
04-11-2026 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

Key points

  • Caution: Equity fell in 2025from €344,072 to €147,013 ▼ 57.3% View
  • Positive: 9th oldest company in East Flanders, Air transport sectorin the Checked rankings No. 9 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €38,620 8 years View

Recent changes

  1. · Gazette deed Change of role: Van Cauwenberghe Thomas, from manager to director
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as CHICANE.BE: air transport (NACE 51100). They are comparable in size and age: total assets between €177,000 and €321,000, founded between 1993 and 2009.

CompanyTotal assetsGross margin
CHICANE.BE Gent€195,661€82,102
REAL BALLOONING Lochristi€190,679€33,942
AERA Antwerpen€199,046€84,951
AERO GUIDE Grimbergen€184,100€60,100
Ultralight Education & Services Sint-Truiden€321,008€81,982
VIP - AIR BALLOONING Sint-Niklaas€176,831€38,023
LXR Aywaille€287,388€51,683
Full comparison

Key facts about CHICANE.BE

What is the company number of CHICANE.BE?
The company number of CHICANE.BE is 0860.738.507. The VAT number is the same number with BE in front: BE 0860.738.507.
Where is CHICANE.BE based?
The registered office is at Lauwstraat 26, 9051 Gent.Company details
What does CHICANE.BE do?
According to the KBO register, the main activity is air transport (NACE 51100).
What is the legal form of CHICANE.BE?
The legal form of CHICANE.BE is Private limited company (BV).
When was CHICANE.BE founded?
CHICANE.BE was founded on 26-09-2003.
Is CHICANE.BE still active?
Yes, CHICANE.BE is an active enterprise in the KBO register.
What is the turnover of CHICANE.BE?
The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €82,102 and 2,666 comparable companies of the same size. It probably lies between €160,000 and €430,000. It is a rough estimate.Financials
Is CHICANE.BE profitable?
In financial year 2025, CHICANE.BE made a profit of €38,620.
Where can I find the annual accounts of CHICANE.BE?
CHICANE.BE filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CHICANE.BE due?
CHICANE.BE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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