CHICOBEL
ActiveCHICOBEL has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.17M and a net result of €160k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 82% of 862 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability60▲+20
Solvency90▲+13
Growth63=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days only on tighter terms
Liquidity ample (current ratio 2.46 against 1.78 in 2023; short-term debt: 34.6% and cash: 16.9% of total assets), and 34.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
65.4%
Return on assets
9%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-03-2026, 217 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
217 d late
2023
27 d early
2022
12 d early
2021
20 d early
2020
19 d early
2019
22 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€2.38M=
2021 · €2.38M
2021: €2.38M
2021 → 2022
EBIT margin
1.3%▲ 1.6pp
2021 · -0.3%
2021: -0.3%
2021 → 2022
Net result
€160k▲ 690%
2023 · €20k
2021: €-10k
2022: €54k
2023: €20k
2021 → 2024
Working capital
€897k▲ 21.7%
2023 · €737k
2021: €663k
2022: €717k
2023: €737k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€2.38M-€2.38M=
Equity€932k-€987k▲ 5.8%€1.01M▲ 2.1%€1.17M▲ 15.9%
Operating result€-8k-€31k€-27k€139k
Net result€-10k-€54k€20k▼ 62.8%€160k▲ 690%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €139k after a loss of €27k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.78M
Fixed assets
€270k=
Current assets
€1.51M▼ 10.1%
Equity and liabilities €1.78M
Equity
€1.17M▲ 15.9%
Debt
€616k▼ 34.9%
The debt ratio falls from 48.5% to 34.6%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
65.4%▲
2023 · 51.5%
Current ratio
2.46▲
2023 · 1.78
Quick ratio
2.34▲
2023 · 1.62
Debt / equity
0.53▼
2023 · 0.94
ROE
13.7%▲
2023 · 2.0%
ROA
9.0%▲
2023 · 1.0%
Debt
€616k▼
2023 · €947k
Debt ≤ 1 year
€616k▼
2023 · €947k
Income taxes
€16k▲
2023 · €1k
Staff costs
€309k▲
2023 · €288k
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€1.95M€1.78M▼
Fixed assets21/28€270k€270k=
Financial fixed assets28€270k€270k=
Current assets29/58€1.68M€1.51M▼
Stocks and contracts in progress3€147k€69k▼
Stocks30/36€147k€69k▼
Amounts receivable within one year40/41€1.37M€1.14M▼
Trade receivables40€634k€503k▼
Other amounts receivable41€734k€640k▼
Cash at bank and in hand54/58€140k€301k▲
Deferred charges and accrued income490/1€30k€922▼
Equity and liabilities
Total equity and liabilities10/49€1.95M€1.78M▼
Equity10/15€1.01M€1.17M▲
Contributions10/11€937k€937k=
Capital10€875k€875k=
Issued capital100€875k€875k=
Outside capital11€62k€62k=
Share premium1100/10€62k€62k=
Reserves13€273k€273k=
Non-distributable reserves130/1€88k€88k=
Legal reserve130€88k€88k=
Tax-exempt reserves132€185k€185k=
Profit (loss) carried forward14€-203k€-43k▲
Amounts payable17/49€947k€616k▼
Amounts payable within one year42/48€947k€616k▼
Trade debts44€873k€549k▼
Suppliers440/4€873k€549k▼
Taxes, remuneration and social security45€48k€67k▲
Taxes450/3€16k€27k▲
Remuneration and social security454/9€33k€40k▲
Other amounts payable47/48€26k-
Income statement
Code20232024
Remuneration, social security and pensions62€288k€309k▲
Other operating charges640/8€23k€29k▲
Non-recurring operating charges66A€174-
Gross operating margin9900€284k€477k▲
Operating profit (loss)9901€-27k€139k▲
Financial income75/76B€50k€38k▼
Recurring financial income75€49k€38k▼
Non-recurring financial income76B€2k-
Financial charges65/66B€2k€432▼
Recurring financial charges65€2k€432▼
Profit (loss) for the period before taxes9903€21k€176k▲
Income taxes67/77€1k€16k▲
Profit (loss) for the period9904€20k€160k▲
Profit (loss) for the period to be appropriated9905€20k€160k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-203k€-43k▲
Profit (loss) brought forward from the previous period14P€-223k€-203k▲
Social balance
Average headcount (FTE)90872.82.8=
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
05-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 217 days late
2024
31-12
Financial
Highest result since 2021net €160k ▲690%
Operating result €139k, net result €160k, both a record.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €1MEq €1.01M ▲2.1%
2 profitable years in a row build equity to €1.01M.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €54k
Net result €54k after one loss-making year.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
04-07
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
9 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, Wavre · 1 establishment unit since 2001
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.
Avenue des Sorbiers 251300 WavreGround area
264 m²
Building footprint
192 m²
Volume, LiDAR
1,745 m³
Parcel 25772G0215/00G009, Wallonia · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Avenue des Sorbiers 25, 1300 Wavre
since 20012.011.659.937
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25772G0215/00G009 | Wallonia | 264 m² | 1 · 192 m² | 13.9 m · 4 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.
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Of 395 companies in sector 10890 we hold annual accounts for 225. 111 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-05-1975
Fiscal year end31-12
Activities, NACEBEL
10890Manufacture of food products
15890
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.