CHICKEN PALACE
ActiveSummary
CHICKEN PALACE has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €103k and a net result of €9k. Equity is growing by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 58% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+11
Solvency68▼-1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.56 against 0.39 in 2024; short-term debt: 37.6% and cash: 17.5% of total assets), and 56.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
43.3%
Return on assets
4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 10 filingsDeviation from the deadline
2025
29 d late
2024
18 d late
2023
27 d late
2022
30 d late
2021
22 d late
2020
30 d late
2019
31 d late
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€103k▲ 10.1%
2024 · €94k
2018: €62k
2019: €32k
2020: €11k
2021: €47k
2022: €79k
2023: €103k
2024: €94k
2018 → 2025
Total assets
€238k▲ 10.9%
2024 · €215k
2018: €200k
2019: €169k
2020: €177k
2021: €183k
2022: €204k
2023: €333k
2024: €215k
2018 → 2025
Net result
€9k
2024 · €-10k
2018: €-1k
2019: €-30k
2020: €-21k
2021: €36k
2022: €32k
2023: €24k
2024: €-10k
2018 → 2025
Working capital
€-39k▲ 21.6%
2024 · €-50k
2018: €-85k
2019: €-95k
2020: €-111k
2021: €-89k
2022: €-51k
2023: €-114k
2024: €-50k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€47k-€79k▲ 68.6%€103k▲ 30.0%€94k▼ 9.2%€103k▲ 10.1%
Operating result€37k-€34k▼ 9.0%€24k▼ 28.3%€-7k€13k
Net result€36k-€32k▼ 11.3%€24k▼ 26.4%€-10k€9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €13k after a loss of €7k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €238k
Fixed assets
€188k ▲ 3.2%
Current assets
€50k ▲ 53.8%
Equity and liabilities €238k
Equity
€103k ▲ 10.1%
Debt
€135k ▲ 11.5%
Debt's share of the balance-sheet total rises from 56.4% to 56.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€61k▲
2024 · €36k
Cash flow
€58k▲
2024 · €33k
Current ratio
0.56▲
2024 · 0.39
Debt to equity
1.31▲
2024 · 1.29
ROE
9.1%▲
2024 · -10.2%
ROA
4.0%▲
2024 · -4.4%
Interest coverage
19.48▲
2024 · 12.37
Debt ≤ 1 year
€89k▲
2024 · €83k
Debt > 1 year
€46k▲
2024 · €38k
Income taxes
€368
Staff costs
€144k▲
2024 · €131k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€215k€238k▲
Fixed assets21/28€182k€188k▲
Tangible fixed assets22/27€182k€188k▲
Plant, machinery and equipment23€8k€7k▼
Furniture and vehicles24€150k€168k▲
Other tangible fixed assets26€25k€12k▼
Current assets29/58€33k€50k▲
Amounts receivable within one year40/41-€141
Trade receivables40-€141
Cash at bank and in hand54/58€27k€42k▲
Deferred charges and accrued income490/1€5k€8k▲
Equity and liabilities
Total equity and liabilities10/49€215k€238k▲
Equity10/15€94k€103k▲
Contributions10/11€162k€162k=
Profit (loss) carried forward14€-68k€-59k▲
Amounts payable17/49€121k€135k▲
Amounts payable after more than one year17€38k€46k▲
Financial debts170/4€38k€46k▲
Amounts payable within one year42/48€83k€89k▲
Current portion of amounts payable after more than one year42€11k€18k▲
Trade debts44€32k€37k▲
Suppliers440/4€32k€37k▲
Taxes, remuneration and social security45€18k€21k▲
Taxes450/3€5k€11k▲
Remuneration and social security454/9€13k€10k▼
Other amounts payable47/48€21k€14k▼
Income statement
Code20242025
Remuneration, social security and pensions62€131k€144k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€49k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€168k€207k▲
Operating profit (loss)9901€-7k€13k▲
Financial income75/76B€332€215▼
Recurring financial income75€332€215▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€-10k€10k▲
Income taxes67/77-€368
Profit (loss) for the period9904€-10k€9k▲
Profit (loss) for the period to be appropriated9905€-10k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-68k€-59k▲
Profit (loss) brought forward from the previous period14P€-59k€-68k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
31-12
Financial
Equity above €100kEq €103k ▲10.1%
Equity rises from €94k to €103k.
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Equity above €100kEq €103k ▲30%
3 profitable years in a row build equity to €103k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Back to profitnet €36k
Net result €36k after 3 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
Show earlier events
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Waregem · 1 establishment unit since 2010
Ground area
851 m²
Building footprint
486 m²
Volume, LiDAR
2,331 m³
Parcel 34453D0021/00R000, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CHICKEN PALACE
since 20102.186.865.790
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34453D0021/00R000 | Flanders | 851 m² | 1 · 486 m² | 6.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWaregem2.186.865.790
Similar companies · same sector, comparable size
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Sint-Pieters-Woluwe · Eq €103,169
VERS
BE 0730.976.657
Tongeren-Borgloon · Eq €103,329
JS Fruits et Légumes
BE 0788.842.107
Seneffe · Eq €102,480
IMMOJEMAX
BE 0477.000.468
Marche-en-Famenne · Eq €103,614
Of 3,826 companies in sector 47210 we hold annual accounts for 965. 779 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-03-2010
Fiscal year end31-12
Activities, NACEBEL 2025
47210Retail sale of fruit and vegetables
56112Limited-service restaurants, excluding mobile food services
47222Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.