CHICO EVENT
ActiveThe computed 12-month bankruptcy probability of CHICO EVENT is 1.8% (moderate). The 2024 annual accounts show equity of €31k and a net result of €13k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 1763 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
44
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability52▲+6
Solvency27▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity short (current ratio 0.53 against 0.66 in 2023; short-term debt: 51.2% and cash: 0.8% of total assets), and 97.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 56
Relative position
BE, all sectors
reference
Sector 56
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 · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €31k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-06-2025, 55 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
55 d early
2023
on the day
2022
31 d late
2021
16 d late
2020
76 d late
2019
72 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€13k▲ 72.4%
2023 · €7k
2018: €4k
2019: €28k
2020: €23k
2021: €47k
2022: €-50k
2023: €7k
2018 → 2024
Working capital
€-318k▼ 19.6%
2023 · €-266k
2018: €-46k
2019: €-40k
2020: €-21k
2021: €-24k
2022: €-207k
2023: €-266k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€38k-€61k▲ 59.9%€11k▼ 82.2%€18k▲ 67.3%€31k▲ 69.4%
Operating result€38k-€64k▲ 68.5%€-32k€41k€47k▲ 15.1%
Net result€23k-€47k▲ 109%€-50k€7k€13k▲ 72.4%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 15% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.31M
Fixed assets
€958k▼ 0.7%
Current assets
€353k▼ 31.0%
Equity and liabilities €1.31M
Equity
€31k▲ 69.4%
Debt
€1.28M▼ 12.2%
The debt ratio falls from 98.8% to 97.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€130k▲
2023 · €116k
Cash flow
€95k▲
2023 · €82k
Solvency
2.4%▲
2023 · 1.2%
Current ratio
0.53▼
2023 · 0.66
Quick ratio
0.44▼
2023 · 0.58
Debt / equity
41.35▼
2023 · 79.76
ROE
41.0%▲
2023 · 40.2%
ROA
1.0%▲
2023 · 0.5%
Interest coverage
3.83▲
2023 · 3.23
Debt
€1.28M▼
2023 · €1.46M
Debt ≤ 1 year
€671k▼
2023 · €778k
Debt > 1 year
€608k▼
2023 · €679k
Income taxes
€3k▲
2023 · €519
Staff costs
€400k=
2023 · €399k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.48M€1.31M▼
Fixed assets21/28€965k€958k▼
Intangible fixed assets21€4k€9k▲
Tangible fixed assets22/27€960k€948k▼
Land and buildings22€888k€834k▼
Plant, machinery and equipment23€44k€37k▼
Furniture and vehicles24€22k€20k▼
Other tangible fixed assets26€6k€14k▲
Assets under construction and advance payments27-€42k
Financial fixed assets28€785€1k▲
Current assets29/58€511k€353k▼
Stocks and contracts in progress3€60k€58k▼
Stocks30/36€60k€58k▼
Amounts receivable within one year40/41€448k€282k▼
Trade receivables40€332k€160k▼
Other amounts receivable41€115k€121k▲
Cash at bank and in hand54/58€3k€11k▲
Deferred charges and accrued income490/1€691€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.48M€1.31M▼
Equity10/15€18k€31k▲
Contributions10/11€6k€6k=
Reserves13€2k€22k▲
Distributable reserves133€2k€22k▲
Profit (loss) carried forward14€10k€3k▼
Amounts payable17/49€1.46M€1.28M▼
Amounts payable after more than one year17€679k€608k▼
Financial debts170/4€659k€594k▼
Other amounts payable178/9€20k€14k▼
Amounts payable within one year42/48€778k€671k▼
Current portion of amounts payable after more than one year42€73k€68k▼
Financial debts43€20k€14k▼
Credit institutions430/8€20k€14k▼
Other loans439€14-
Trade debts44€536k€406k▼
Suppliers440/4€536k€406k▼
Taxes, remuneration and social security45€100k€112k▲
Taxes450/3€19k€50k▲
Remuneration and social security454/9€81k€62k▼
Other amounts payable47/48€49k€72k▲
Accrued charges and deferred income492/3€735€663▼
Income statement
Code20232024
Non-recurring operating income76A€21k€15k▼
Remuneration, social security and pensions62€399k€400k=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75k€82k▲
Other operating charges640/8€24k€21k▼
Non-recurring operating charges66A€2k€4k▲
Gross operating margin9900€541k€554k▲
Operating profit (loss)9901€41k€47k▲
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€36k€34k▼
Recurring financial charges65€36k€34k▼
Profit (loss) for the period before taxes9903€8k€15k▲
Income taxes67/77€519€3k▲
Profit (loss) for the period9904€7k€13k▲
Profit (loss) for the period to be appropriated9905€7k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€23k▲
Profit (loss) brought forward from the previous period14P€3k€10k▲
Transfer to equity691/2-€20k
To other reserves6921-€20k
Social balance
Average headcount (FTE)908711.111.3▲
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-50k ▼207%
Net result drops to €-50k, the lowest in the series; recovery starts the following year.
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 16 days late
2021
31-12
Financial
Highest result since 2018net €47k ▲109%
Operating result €64k, net result €47k, both a record.
15-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 76 days late
2020
20-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
11-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 72 days late
2018
19-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 50 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
31-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Ath · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Grand'Place 437800 AthGround area
128 m²
Building footprint
120 m²
Volume, LiDAR
638 m³
2 parcels, Wallonia · tallest building 15.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
L'Estaminet
since 20182.288.238.215
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51004D0171/00_000 | Wallonia | 80 m² | 1 · 70 m² | - |
| 51004D0616/00E000 | Wallonia | 48 m² | 1 · 49 m² | 15.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 siteAth2.288.238.215
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Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 4,107 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-12-2012
Fiscal year end31-12
Activities, NACEBEL
56210Event catering
56301Cafés and bars
47251Retail sale of wines and spirits
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.