Chicane Classics
Dissolution or liquidationOverview
Overview
Official details
Source: KBO- Status
- Voluntary dissolution and liquidation registered since 18-03-2015
- Activity
- Agents specialised in the wholesale of other particular products NACE 46180and 5 others
- Establishment unit
- 2.240.640.315 2660 Antwerpen, since 18-03-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 06-11-2024
Board and ownership
Last known board
- MICHIELS IsabelleDirector · until 2026
- William MUTSAARSDirector · until 2026
Financial position
No score
Annual accounts 2025
- Gross margin
- -€9,395
- ▲ 28.7%
- Loss
- €8,651
- ▼ 41.2%
- Equity
- -€24,883
- ▼ 53.3%
- Total assets
- €194,862
- ▼ 0.8%
Turnover not published (abbreviated format)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 16-04-2026 PDF all 10 filings
Equity
-€24,883▼ 53.3%
2024 · -€16,232
Total assets
€194,862▼ 0.8%
2024 · €196,339
Net result
-€8,651▲ 41.2%
2024 · -€14,712
Working capital
-€25,635
2024 · €2,521
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€10,634
▲ 24.9%
2025
20182025
Net result
-€8,651
▲ 41.2%
2025
lowest quarter of the sector
20182025
Equity
-€24,883
▼ 53.3%
2025
lowest quarter of the sector
20182025
Total assets
€194,862
▼ 0.8%
2025
lowest quarter of the sector
20182025
Debt
€219,745
▲ 3.4%
2025
20182025
Working capital
-€25,635
2025
lowest quarter of the sector
20182025
Solvency
-12.8%
▼ 4.5pp
2025
lowest quarter of the sector
20182025
Current ratio
0.88
▼ 0.13
2025
lowest quarter of the sector
20182025
Return on assets (ROA)
-4.4%
▲ 3.1pp
2025
lowest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€12,234--€5,008-€7,650▼ 52.7%-€7,810▼ 2.1%-€4,371▲ 44.0%-€4,969▼ 13.7%-€14,157▼ 185%-€10,634▲ 24.9%
Net result€12,097--€5,557-€10,174below the sector's middle half▼ 83.1%-€11,550below the sector's middle half▼ 13.5%-€5,200below the sector's middle half▲ 55.0%-€5,580below the sector's middle half▼ 7.3%-€14,712below the sector's middle half▼ 164%-€8,651below the sector's middle half▲ 41.2%
Equity€36,542-€30,985▼ 15.2%€20,810below the sector's middle half▼ 32.8%€9,260below the sector's middle half▼ 55.5%€4,060below the sector's middle half▼ 56.2%-€1,520below the sector's middle half-€16,232below the sector's middle half▼ 968%-€24,883below the sector's middle half▼ 53.3%
Total assets€96,429-€132,573▲ 37.5%€170,587below the sector's middle half▲ 28.7%€186,974below the sector's middle half▲ 9.6%€191,232below the sector's middle half▲ 2.3%€194,039below the sector's middle half▲ 1.5%€196,339below the sector's middle half▲ 1.2%€194,862below the sector's middle half▼ 0.8%
Debt€59,886-€101,588▲ 69.6%€149,777▲ 47.4%€177,714▲ 18.7%€187,172▲ 5.3%€195,558▲ 4.5%€212,571▲ 8.7%€219,745▲ 3.4%
Working capital€36,542-€29,256▼ 19.9%€19,946below the sector's middle half▼ 31.8%€39,260below the sector's middle half▲ 96.8%€34,060below the sector's middle half▼ 13.2%€18,480below the sector's middle half▼ 45.7%€2,521below the sector's middle half▼ 86.4%-€25,635below the sector's middle half
Solvency37.9%-23.4%▼ 14.5pp12.2%below the sector's middle half▼ 11.2pp5.0%below the sector's middle half▼ 7.2pp2.1%below the sector's middle half▼ 2.8pp-0.8%below the sector's middle half▼ 2.9pp-8.3%below the sector's middle half▼ 7.5pp-12.8%below the sector's middle half▼ 4.5pp
Current ratio1.61-1.29▼ 0.321.13below the sector's middle half▼ 0.151.27within the sector's middle half▲ 0.131.22within the sector's middle half▼ 0.051.11below the sector's middle half▼ 0.111.01below the sector's middle half▼ 0.090.88below the sector's middle half▼ 0.13
Return on assets (ROA)12.5%--4.2%▼ 16.7pp-6.0%below the sector's middle half▼ 1.8pp-6.2%below the sector's middle half▼ 0.2pp-2.7%below the sector's middle half▲ 3.5pp-2.9%below the sector's middle half▼ 0.2pp-7.5%below the sector's middle half▼ 4.6pp-4.4%below the sector's middle half▲ 3.1pp
above
within
below
The sector band is the middle half of the companies in Wholesale trade (NACE 46). 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 a loss of €10,634, smaller than the loss of €14,157 in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €194,862
Fixed assets
€752 ▼ 39.7%
Current assets
€194,110 ▼ 0.5%
Equity and liabilities
Equity-€24,883
Debt€219,745
Equity is negative. Debt (€219,745) exceeds the balance-sheet total (€194,862).
Key figures and ratios
EBITDA
-€10,140▲
2024 · -€13,920
Cash flow
-€8,156▲
2024 · -€14,475
Quick ratio
0.00▼
2024 · 0.01
Interest coverage
-23.58▲
2024 · -25.06
Debt ≤ 1 year
€219,745▲
2024 · €192,571
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €1,483 | - |
| Depreciation and write-downs of the year | €865 | - | - | €237 | €494 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €865 | €865 | €865 | - | - | €237 | €494 | ▲ 109% |
| Other operating charges640/8 | - | - | - | €674 | €921 | €1,066 | €748 | €745 | ▼ 0.4% |
| Gross operating margin9900 | €13,242 | -€3,321 | -€6,113 | -€6,272 | -€3,450 | -€3,903 | -€13,172 | -€9,395 | ▲ 28.7% |
| Operating profit (loss)9901 | €12,234 | -€5,008 | -€7,650 | -€7,810 | -€4,371 | -€4,969 | -€14,157 | -€10,634 | ▲ 24.9% |
| Financial income75/76B | - | - | - | €12 | €69 | €1 | - | €2,414 | - |
| Recurring financial income75 | - | €1 | - | €12 | €69 | €1 | - | €2,414 | - |
| Financial charges65/66B | - | - | - | €3,752 | €817 | €612 | €555 | €430 | ▼ 22.6% |
| Recurring financial charges65 | €138 | €550 | €2,525 | €3,752 | €817 | €612 | €555 | €430 | ▼ 22.6% |
| Profit (loss) for the period before taxes9903 | €12,097 | -€5,557 | -€10,174 | -€11,550 | -€5,119 | -€5,580 | -€14,712 | -€8,651 | ▲ 41.2% |
| Income taxes67/77 | - | - | - | - | €81 | - | - | - | - |
| Profit (loss) for the period9904 | €12,097 | -€5,557 | -€10,174 | -€11,550 | -€5,200 | -€5,580 | -€14,712 | -€8,651 | ▲ 41.2% |
| Profit (loss) for the period to be appropriated9905 | €12,097 | -€5,557 | -€10,174 | -€11,550 | -€5,200 | -€5,580 | -€14,712 | -€8,651 | ▲ 41.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €96,429 | €132,573 | €170,587 | €186,974 | €191,232 | €194,039 | €196,339 | €194,862 | ▼ 0.8% |
| Fixed assets21/28 | - | €1,729 | €865 | - | - | - | €1,247 | €752 | ▼ 39.7% |
| Intangible fixed assets21 | - | €1,482 | €741 | - | - | - | - | - | - |
| Tangible fixed assets22/27 | - | €247 | €124 | - | - | - | €1,247 | €752 | ▼ 39.7% |
| Furniture and vehicles24 | - | - | - | - | - | - | €1,247 | €752 | ▼ 39.7% |
| Current assets29/58 | €96,429 | €130,844 | €169,723 | €186,974 | €191,232 | €194,039 | €195,092 | €194,110 | ▼ 0.5% |
| Stocks and contracts in progress3 | €49,500 | €49,500 | €46,000 | €182,596 | €188,879 | €193,714 | €193,714 | €193,992 | ▲ 0.1% |
| Stocks30/36 | - | - | - | €46,000 | €46,000 | €46,000 | €46,000 | €46,000 | = |
| Contracts in progress37 | - | - | - | €136,596 | €142,879 | €147,714 | €147,714 | €147,992 | ▲ 0.2% |
| Amounts receivable within one year40/41 | €755 | €3,854 | €3,677 | €2,264 | €2,189 | €4 | €1,034 | €63 | ▼ 93.9% |
| Trade receivables40 | - | - | - | €1,604 | - | - | €34 | - | - |
| Other amounts receivable41 | - | - | - | €660 | €2,189 | €4 | €1,000 | €63 | ▼ 93.7% |
| Cash at bank and in hand54/58 | €176 | €18,304 | €11,070 | €2,048 | €98 | €240 | €14 | €55 | ▲ 302% |
| Deferred charges and accrued income490/1 | - | - | - | €66 | €67 | €81 | €330 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €96,429 | €132,573 | €170,587 | €186,974 | €191,232 | €194,039 | €196,339 | €194,862 | ▼ 0.8% |
| Equity10/15 | €36,542 | €30,985 | €20,810 | €9,260 | €4,060 | -€1,520 | -€16,232 | -€24,883 | ▼ 53.3% |
| Contributions10/11 | €40,000 | €40,000 | - | €40,000 | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Profit (loss) carried forward14 | -€3,458 | -€9,015 | -€19,190 | -€30,740 | -€35,940 | -€41,520 | -€56,232 | -€64,883 | ▼ 15.4% |
| Amounts payable17/49 | €59,886 | €101,588 | €149,777 | €177,714 | €187,172 | €195,558 | €212,571 | €219,745 | ▲ 3.4% |
| Amounts payable after more than one year17 | - | - | - | €30,000 | €30,000 | €20,000 | €20,000 | - | - |
| Financial debts170/4 | - | - | - | €30,000 | €30,000 | €20,000 | €20,000 | - | - |
| Amounts payable within one year42/48 | €59,886 | €101,588 | €149,777 | €147,714 | €157,172 | €175,558 | €192,571 | €219,745 | ▲ 14.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €10,000 | €10,000 | €25,000 | ▲ 150% |
| Financial debts43 | - | - | - | €30,000 | - | - | - | - | - |
| Credit institutions430/8 | - | - | - | €30,000 | - | - | - | - | - |
| Trade debts44 | €1,256 | €147 | €6,578 | €10,550 | €3,035 | €3,436 | €4,007 | €3,481 | ▼ 13.1% |
| Suppliers440/4 | - | - | - | €10,550 | €3,035 | €3,436 | €4,007 | €3,481 | ▼ 13.1% |
| Advances received on contracts in progress46 | - | - | - | €1,825 | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | €81 | €1 | - | - | - |
| Taxes450/3 | - | - | - | - | €81 | €1 | - | - | - |
| Other amounts payable47/48 | - | - | - | €105,339 | €154,056 | €162,121 | €178,564 | €191,264 | ▲ 7.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,097 | -€5,557 | -€10,174 | -€11,550 | -€5,200 | -€5,580 | -€14,712 | -€8,651 | ▲ 41.2% |
| + Depreciation and write-downs630 | - | €865 | €865 | €865 | - | - | €237 | €494 | ▲ 109% |
| Operating cash flow (approximation) | €12,097 | -€4,693 | -€9,310 | -€10,686 | -€5,200 | -€5,580 | -€14,475 | -€8,156 | ▲ 43.7% |
| Investment in fixed assets (approximation) | - | - | €0 | - | - | - | - | €0 | - |
| Change in cash | - | €18,127 | -€7,234 | -€9,022 | -€1,951 | €142 | -€226 | €41 | - |
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 (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 16-04-2026 | 2026-00080511 | |
| 31-12-2024 | abbreviated format | 27-08-2025 | 2025-00411050 | |
| 31-12-2023 | abbreviated format | 05-06-2024 | 2024-00109723 | |
| 31-12-2022 | abbreviated format | 14-06-2023 | 2023-00124211 | |
| 31-12-2021 | abbreviated format | 13-07-2022 | 2022-20179449 | |
| 31-12-2020 | abbreviated format | 01-06-2021 | 2021-16100163 | |
| 31-12-2019 | abbreviated format | 04-06-2020 | 2020-14400024 | |
| 31-12-2018 | abbreviated format | 03-06-2019 | 2019-15200321 | |
| 31-12-2017 | abbreviated format | 06-06-2018 | 2018-15800543 | |
| 31-12-2016 | abbreviated format | 12-07-2017 | 2017-30300071 |
Board & ownership
Directors
Directors
Last change in 2026
Owners and capital
Capital transactions
Capital over time
- 10-07-2026 Capital stated in the deed · 400 shares
- 19-12-2024 Converted to unavailable equity · €40,000
Mandate history
2 people, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| MICHIELS Isabelle |
|
| William MUTSAARS |
|
Articles of association
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Één of meer vereffenaars, vrijwillig ontslag mits tijdig in vervanging kan worden voorzien”“Elk boekjaar legt vereffenaar jaarrekening voor met vermelding redenen waarom vereffening niet kon worden voltooid, vereffenaar roept…”
Articles of association, deed of 10-07-2026 (in Dutch)
Network & group
Connections & network
See the function holders in the KBO register.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
10-07
Gazette deed
Dissolution of the companyResignations: MUTSAARS William (director) and MICHIELS Isabelle (director) · Director discharge · Amendment of the articles14 points ▸
Gazette deed
Dissolution of the company
Resignations: MUTSAARS William (director) and MICHIELS Isabelle (director) · Director discharge · Amendment of the articles14 points ▸
- Director resignation, MUTSAARS William (director)
- Director resignation, MICHIELS Isabelle (director)
- Director discharge, MUTSAARS William (director)
- Director discharge, MICHIELS Isabelle (director)
- Amendment of the articles
- Capital
- Power of attorney
- Power of attorney, Myriam-Alexandra VREVEN
- General meeting, 26-05-2026, “buitengewone algemene vergadering” (deed in Dutch)
- Other provision, “bestuursorgaanverslag met staat van activa en passiva, ontbinding” (deed in Dutch)
- Auditor report, “discontinuïteit, oordeel met voorbehoud” (deed in Dutch)
- Dissolution, 26-05-2026
- The act holds 2 more points.
05-05
Gazette deed
Registered office moved from Antwerpen to HobokenNew seat: Jozef Leemanslaan 55, 2660 Hoboken (Antwerpen) · Previous seat: DOORNELEI 11 BUS 401 - 2018 ANTWERPEN · Director in office3 points ▸
Gazette deed
Registered office moved from Antwerpen to Hoboken
New seat: Jozef Leemanslaan 55, 2660 Hoboken (Antwerpen) · Previous seat: DOORNELEI 11 BUS 401 - 2018 ANTWERPEN · Director in office3 points ▸
- General meeting, 31-01-2026
- Registered-office move, Jozef Leemanslaan 55, 2660 Hoboken (Antwerpen)
- Director in office, Mutsaars William (director)
16-04
abbreviated format · 106 days before the deadline
2025
27-08
abbreviated format · 27 days late
2024
31-12
Financial
Weakest financial yearnet -€14,712
The net result drops to -€14,712, the lowest from 2018 to 2025.
19-12
Gazette deed
Reappointments: MUTSAARS William (director) and MICHIELS Isabelle (director)Amendment of the articles · Legal-form conversion · Capital conversion10 points ▸
Gazette deed
Reappointments: MUTSAARS William (director) and MICHIELS Isabelle (director)
Amendment of the articles · Legal-form conversion · Capital conversion10 points ▸
- General meeting, 02-12-2024
- Amendment of the articles, mentioned 2 times in the deed
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “geen eigen vermogensrekening niet-opgevraagde inbrengen, kapitaal volledig volgestort” (deed in Dutch)
- Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekening, middelen beschikbaar voor uitkering” (deed in Dutch)
- Purpose change
- Director reappointment, MUTSAARS William (director)
- Director reappointment, MICHIELS Isabelle (director)
- Registered office clause, “Doornelei 11 bus 401 te 2018 Antwerpen” (deed in Dutch)
10-06
Gazette deed
Registered office moved within AntwerpenNew seat: Doornelei 11 bus 401, 2018 ANTWERPEN · Previous seat: RYCKMANSSTRAAT 21, 2020 ANTWERPEN2 points ▸
Gazette deed
Registered office moved within Antwerpen
New seat: Doornelei 11 bus 401, 2018 ANTWERPEN · Previous seat: RYCKMANSSTRAAT 21, 2020 ANTWERPEN2 points ▸
- General meeting, 26-03-2024
- Registered-office move, Doornelei 11 bus 401,2018 ANTWERPEN
05-06
abbreviated format · 56 days before the deadline
2023
14-06
abbreviated format · 47 days before the deadline
2022
13-07
abbreviated format · 18 days before the deadline
2021
01-06
abbreviated format · 60 days before the deadline
2020
04-06
abbreviated format · 57 days before the deadline
Show earlier events
2019
03-06
abbreviated format · 58 days before the deadline
2018
06-06
abbreviated format · 55 days before the deadline
2017
12-07
abbreviated format · 19 days before the deadline
2015
20-03
8 publications in the Belgian Official Gazette, the last on 10-07-2026
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Vrijwillige ontbinding – vereffening
- Last annual accounts
- financial year to 31 December 2025
- Legal form
- Private limited company
- Active since
- 18 March 2015
Register details
Identity
Name
Chicane Classics in Dutch
Enterprise number
0606.970.570
Entity type
Legal entity
Name clauseThe company operates under this name according to its articles.
Chicane Classics
deed of 10-07-2026 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, besluit tot verplaatsing enkel na homologatie door rechtbank van de zetel”
deed of 10-07-2026 (in Dutch)Registered office and establishments
Registered office
Jozef Leemanslaan 55, 2660 Antwerpen, Belgium
2 former offices
- Doornelei 11 Bus 401, 2018 Antwerpen until 31-01-2026 · act of 05-05-2026
- Ryckmansstraat 21, 2020 Antwerpen until 26-03-2024 · act of 10-06-2024
Establishment unit
Chicane Classics, Jozef Leemanslaan 55, 2660 Antwerpen since 18-03-2015 · unit number 2.240.640.315
Activities
NACEBEL 202546180
Agents specialised in the wholesale of other particular products main activity
29310
Manufacture of motor vehicles, trailers and semi-trailers
71209
Other technical testing and analysis
79120
Travel agency, tour operator and other reservation service and related activities
95313
Repair and fitting of specific motor vehicle parts
95319
Other maintenance and repair of motor vehicles
Codes under NACEBEL 2008
45112
main activity
29310
Manufacture of motor vehicles, trailers and semi-trailers
45203
45209
71209
Other technical testing and analysis
79120
Travel agency, tour operator and other reservation service and related activities
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 10-07-2026 (in Dutch)
“De handel in,alsook de invoer en uitvoer van auto's,oldtimers en zogenaamde classic cars; Het in onderaanneming laten opmaken,verbeteren en…”
8 activities
- De handel in,alsook de invoer en uitvoer van auto's,oldtimers en zogenaamde classic cars
- Het in onderaanneming laten opmaken,verbeteren en restaureren van auto's,evenals het verhandelen van deze auto's
- De verhuur van auto's al dan niet met dienstverlening
- Het organiseren van evenementen,ritten en meerdaagse ritten/reizen voor klanten
- Het aanbieden van bestaande ritten en tours aan klanten als reis
- Het ombouwen van bestaande voertuigen naar elektrische voertuigen + alle activiteiten die hiermee gelinkt zijn: van ontwerpen,advies tot het volledig ombouwen
- Homologatie van omgebouwde voertuigen
- Verkoop van ombouw onderdelen voor elektrische voertuigen en elektrische onderdelen voor voertuigen om te bouwen
Invoicing and payment
VAT number
BE 0606.970.570
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Thursday of May at 20:00
deed of 10-07-2026 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
319 m²
Building footprint
85 m²
Building volume
519 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11382C0426/00G002 | Flanders | 319 m² | 1 · 85 m² | 10.3 m · 2 |