Equity
CHICKENDALES has made a profit without a break since 2012.
CHICKENDALES has made a profit without a break since 2012.
The result rose in 2025: mostly from a one-off income of €201,653.
Debts rose by €698,476 in 2025.
Green is investment, beige is depreciation. Machinery stands 20.8% higher than in 2024.
Four of the last ten came late. The 2023 accounts came latest: 85 days after the end of the period.
Higher net result than 95% of companies in retail trade. Sector median €5,067 · 22,842 companies.
The dashed line is the sector median: 0.4% across 3,697 companies (NACE 47, small).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 47, small). It does better than 39% of them on solvency, 57% on liquidity, 43% on profitability and 86% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
In July 2024, 2,613 companies had the same profile as CHICKENDALES has now. Each dot stands for 7 companies, two years later.
The bankruptcy probability of CHICKENDALES itself is higher: 0.9% within 12 months. It rests on far more data about CHICKENDALES than the profile alone.
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,613 companies, not a prediction for CHICKENDALES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.8 (0.52 in 2024), below 1. Short-term debt is 51.8% of total assets. 77.2% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 18 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| CHICKENDALES Steenokkerzeel | €2.1m | €321,566 | 22.8% | - |
| TOM NAUWELAERTS Heist-op-den-Berg | €2.7m | €351,772 | 12.6% | 5.3 |
| ANITOMA Deinze | €2.4m | €284,678 | 18.1% | - |
| LE ROI DU POULET Nivelles | €1.9m | €464,148 | 24.6% | - |
| BANGELS WENDY Zoutleeuw | €1.4m | €338,555 | 79.5% | - |
| MAISON PIRSON Rochefort | €1.5m | €275,106 | 96.6% | 1.6 |
| COMEXPLANT Estinnes | €2.2m | €369,117 | 71.5% | 3 |
These companies have the same main activity as CHICKENDALES: retail sale of fruit and vegetables (NACE 47210). They are comparable in size and age: total assets between €1.4m and €2.7m, founded between 1989 and 2010.
CHICKENDALES files the micro format. That format states no turnover. The gross margin rose from €46,312 in 2006 to €321,566 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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