CHICAZ
ActiveSummary
The computed 12-month bankruptcy probability of CHICAZ is 2.0% (moderate). The 2025 annual accounts show negative equity (-€174,728) and a net result of -€127,048. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 4695 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-4
Solvency0▼-9
Growth32=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.53 against 1.36 in 2024; short-term debt: 80.5% and cash: 7.7% of total assets), and equity is negative.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-84.3%
Return on assets
-61.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year -€174,728
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
52 d late
2024
1 d early
2023
5 d early
2022
25 d late
2021
30 d late
2020
30 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 22 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€174,728▼ 266%
2024 · -€47,680
Total assets
€207,248▼ 29.1%
2024 · €292,144
Net result
-€127,048▼ 266%
2024 · -€34,721
Working capital
-€79,186
2024 · €48,182
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 96, Personal service 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
Line20212022202320242025
Operating result€8,309▲ 118%-€32,918€7,565-€29,744-€99,112▼ 233%
Net result€3,808within the sector's middle half▲ 47.0%-€36,144below the sector's middle half€1,787within the sector's middle half-€34,721below the sector's middle half-€127,048below the sector's middle half▼ 266%
Equity€21,399within the sector's middle half▲ 21.6%-€14,745below the sector's middle half-€12,958below the sector's middle half▲ 12.1%-€47,680below the sector's middle half▼ 268%-€174,728below the sector's middle half▼ 266%
Total assets€238,020above the sector's middle half▼ 2.1%€192,526within the sector's middle half▼ 19.1%€171,944within the sector's middle half▼ 10.7%€292,144above the sector's middle half▲ 69.9%€207,248above the sector's middle half▼ 29.1%
Debt€216,621▼ 4.0%€207,271▼ 4.3%€184,902▼ 10.8%€339,823▲ 83.8%€381,976▲ 12.4%
Working capital€1,632-€64,814-€34,370▲ 47.0%€48,182-€79,186
Solvency9.0%within the sector's middle half▲ 1.8pp-7.7%within the sector's middle half▼ 16.6pp-7.5%within the sector's middle half▲ 0.1pp-16.3%within the sector's middle half▼ 8.8pp-84.3%below the sector's middle half▼ 68.0pp
Staff (FTE)7.2▲ 188%9▲ 25.0%6.5▼ 27.8%10.5▲ 61.5%8.9▼ 15.2%
above
within
below
the middle half (P25 to P75) of NACE 96, Personal service 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
The operating result stays negative: a loss of €99,112 in 2025 against €29,744 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €207,248
Fixed assets
€119,702 ▲ 10.5%
Current assets
€87,546 ▼ 52.4%
Key figures and ratios
EBITDA
-€75,488▼
2024 · -€12,150
Cash flow
-€103,425▼
2024 · -€17,127
Current ratio
0.53▼
2024 · 1.36
Quick ratio
0.17▼
2024 · 0.80
Debt to equity
-2.19▲
2024 · -7.13
ROA
-61.3%▼
2024 · -11.9%
Interest coverage
-9.88▼
2024 · -2.53
Debt ≤ 1 year
€166,732▲
2024 · €135,589
Debt > 1 year
€204,687▲
2024 · €204,234
Staff costs
€150,229▲
2024 · €89,593
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,035 companies that looked in July 2024 the way this one looks now, 7.2% went bankrupt within 24 months and 82% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.2%
went bankrupt
8.2%
stopped otherwise
82%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.0% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.6% |
| 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 74% 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 6,035 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €74,724 | €115,882 | €81,465 | €89,593 | €150,229 | ▲ 67.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,549 | €13,111 | €14,401 | €17,594 | €23,624 | ▲ 34.3% |
| Other operating charges640/8 | €5,554 | €661 | €3,466 | €1,092 | €7,494 | ▲ 586% |
| Gross operating margin9900 | €101,136 | €96,737 | €106,897 | €78,535 | €82,236 | ▲ 4.7% |
| Operating profit (loss)9901 | €8,309 | -€32,918 | €7,565 | -€29,744 | -€99,112 | ▼ 233% |
| Financial income75/76B | €1 | - | €698 | €1 | €123 | ▲ 13,994% |
| Recurring financial income75 | €1 | - | €698 | €1 | €123 | ▲ 13,994% |
| Financial charges65/66B | €1,880 | €2,945 | €6,345 | €4,798 | €28,059 | ▲ 485% |
| Recurring financial charges65 | €1,880 | €2,945 | €6,345 | €4,798 | €7,641 | ▲ 59.3% |
| Non-recurring financial charges66B | - | - | - | - | €20,418 | - |
| Profit (loss) for the period before taxes9903 | €6,430 | -€35,862 | €1,918 | -€34,541 | -€127,048 | ▼ 268% |
| Income taxes67/77 | €2,621 | €282 | €132 | €180 | - | - |
| Profit (loss) for the period9904 | €3,808 | -€36,144 | €1,787 | -€34,721 | -€127,048 | ▼ 266% |
| Profit (loss) for the period to be appropriated9905 | €3,808 | -€36,144 | €1,787 | -€34,721 | -€127,048 | ▼ 266% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €238,020 | €192,526 | €171,944 | €292,144 | €207,248 | ▼ 29.1% |
| Formation expenses20 | €591 | €367 | €143 | - | - | - |
| Fixed assets21/28 | €86,409 | €94,375 | €104,534 | €108,372 | €119,702 | ▲ 10.5% |
| Intangible fixed assets21 | €610 | - | - | - | €4,350 | - |
| Tangible fixed assets22/27 | €79,382 | €87,958 | €98,117 | €107,955 | €114,934 | ▲ 6.5% |
| Plant, machinery and equipment23 | €7,550 | €5,662 | €2,722 | €2,440 | €9,056 | ▲ 271% |
| Furniture and vehicles24 | €1,119 | €794 | €469 | €998 | €5,208 | ▲ 422% |
| Other tangible fixed assets26 | €70,713 | €81,502 | €94,926 | €104,517 | €100,671 | ▼ 3.7% |
| Financial fixed assets28 | €6,417 | €6,417 | €6,417 | €417 | €417 | = |
| Current assets29/58 | €151,020 | €97,783 | €67,267 | €183,771 | €87,546 | ▼ 52.4% |
| Stocks and contracts in progress3 | €127,655 | €73,245 | €49,015 | €74,948 | €58,872 | ▼ 21.4% |
| Stocks30/36 | €127,655 | €73,245 | €49,015 | €74,948 | €58,872 | ▼ 21.4% |
| Amounts receivable within one year40/41 | €8,562 | €11,383 | €7,741 | €44,180 | €11,503 | ▼ 74.0% |
| Trade receivables40 | €4,910 | - | - | €27,227 | €11,503 | ▼ 57.8% |
| Other amounts receivable41 | €3,652 | €11,383 | €7,741 | €16,952 | - | - |
| Cash at bank and in hand54/58 | €14,804 | €13,155 | €8,975 | €40,203 | €16,010 | ▼ 60.2% |
| Deferred charges and accrued income490/1 | - | - | €1,536 | €24,441 | €1,161 | ▼ 95.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €238,020 | €192,526 | €171,944 | €292,144 | €207,248 | ▼ 29.1% |
| Equity10/15 | €21,399 | -€14,745 | -€12,958 | -€47,680 | -€174,728 | ▼ 266% |
| Contributions10/11 | €15,000 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Capital10 | - | €15,000 | - | - | - | - |
| Issued capital100 | - | €15,000 | - | - | - | - |
| Reserves13 | €6,399 | €6,399 | €6,399 | €6,399 | €6,399 | = |
| Distributable reserves133 | €6,399 | €6,399 | €6,399 | €6,399 | €6,399 | = |
| Profit (loss) carried forward14 | - | -€36,144 | -€34,357 | -€69,079 | -€196,127 | ▼ 184% |
| Amounts payable17/49 | €216,621 | €207,271 | €184,902 | €339,823 | €381,976 | ▲ 12.4% |
| Amounts payable after more than one year17 | €67,233 | €44,673 | €83,265 | €204,234 | €204,687 | ▲ 0.2% |
| Financial debts170/4 | €67,233 | €44,673 | €83,265 | €204,234 | €204,687 | ▲ 0.2% |
| Amounts payable within one year42/48 | €149,388 | €162,598 | €101,637 | €135,589 | €166,732 | ▲ 23.0% |
| Current portion of amounts payable after more than one year42 | €22,090 | €22,560 | €6,407 | €24,432 | €21,667 | ▼ 11.3% |
| Trade debts44 | €90,694 | €85,820 | €44,159 | €39,061 | €45,640 | ▲ 16.8% |
| Suppliers440/4 | €90,694 | €85,820 | €44,159 | €39,061 | €45,640 | ▲ 16.8% |
| Taxes, remuneration and social security45 | €6,016 | €23,451 | €21,072 | €22,184 | €33,601 | ▲ 51.5% |
| Taxes450/3 | €2,286 | €16,929 | €12,906 | €5,696 | €2,506 | ▼ 56.0% |
| Remuneration and social security454/9 | €3,731 | €6,522 | €8,166 | €16,488 | €31,096 | ▲ 88.6% |
| Other amounts payable47/48 | €30,588 | €30,766 | €29,999 | €49,912 | €65,824 | ▲ 31.9% |
| Accrued charges and deferred income492/3 | - | - | - | - | €10,556 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,808 | -€36,144 | €1,787 | -€34,721 | -€127,048 | ▼ 266% |
| + Depreciation and write-downs630 | €12,549 | €13,111 | €14,401 | €17,594 | €23,624 | ▲ 34.3% |
| Operating cash flow (approximation) | €16,357 | -€23,033 | €16,187 | -€17,127 | -€103,425 | ▼ 504% |
| Investment in fixed assets (approximation) | - | -€21,078 | -€24,560 | -€21,433 | -€34,953 | ▼ 63.1% |
| Change in cash | - | -€1,648 | -€4,181 | €31,228 | -€24,192 | ▼ 177% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 52 days late
28-07
State Gazette act
Resignation: Sofie Carlier (director)Appointment: Louise RICHARD (director) · Director discharge6 facts ▸
State Gazette act
Resignation: Sofie Carlier (director)
Appointment: Louise RICHARD (director) · Director discharge6 facts ▸
- General meeting, 11-07-2026
- Director resignation, Sofie Carlier (director)
- Director discharge, Sofie Carlier (director)
- Other statement, wettelijke voorschriften, griffie van bevoegde Ondernemingsrechtbank
- Director appointment, Louise RICHARD (director)
- Other statement, wettelijke voorschriften, griffie van bevoegde Ondernemingsrechtbank
2025
31-12
Financial
Weakest financial yearnet -€127,048
Net result drops to -€127,048, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 1.36
Current ratio from 0.66 to 1.36.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €1,787
Net result €1,787 after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Highest result since 2020net €3,808 ▲47%
Operating result €8,309, net result €3,808, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Louise Richard
CurrentDirector · since 11-07-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Sint-Truiden · 1 establishment unit since 2019
Ground area
141 m²
Building footprint
141 m²
Volume, LiDAR
1,708 m³
Parcel 71053H0982/00B000, Flanders · tallest building 15.2 m, ±4 floors. Linked by address, not a title deed.
12
companies at this address
See who is registered here
1 establishment unit
CHICAZ
since 20192.293.119.590
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71053H0982/00B000 | Flanders | 141 m² | 1 · 141 m² | 15.2 m · 4 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Mandate history
2 people since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Louise Richard |
|
| Sofie Carlier |
|
Structure & network
Owners and holdings
1 ownerOwners 1
-
50%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Truiden2.293.119.590
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Of 24,865 companies in sector 96220 we hold annual accounts for 1,441. 1,181 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-08-2019
Fiscal year end31-12
Activities, NACEBEL 2025
96220Beauty care and other beauty treatments
56111Full-service restaurants
Contact
E-mail
sofie@chicaz.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0732822825
Also
9925:BE0732822825
Registered
29-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.