CHIGUA
ActiveSummary
The computed 12-month bankruptcy probability of CHIGUA is 2.0% (moderate). For CHIGUA, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €1.2m and a net result of -€124,210. Equity remains stable across the filed fiscal years (±0.4% per year). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability14▼-28
Solvency59▼-28
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2023Solvency, return and age of the figures
Solvency
34.5%
Return on assets
-3.7%
Age of the figures
35 mo
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 · Two or more financial years not filed
Since the financial year that closed on 31-10-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-10-2024 close31-05-2025 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2023 was due by 31-05-2024 and was filed on 30-05-2024, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
1 d early
2022
5 d early
2021
29 d early
2020
on the day
2019
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 13 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
€1.2m▼ 47.5%
2022 · €2.2m
Total assets
€3.4m▼ 5.3%
2022 · €3.6m
Net result
-€124,210
2022 · €39,863
Working capital
€2.3m▼ 30.7%
2022 · €3.3m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€174,945▼ 31.8%€187,334▲ 7.1%€230,876▲ 23.2%€92,125▼ 60.1%-€68,426
Net result€99,901▼ 39.0%€118,564▲ 18.7%€725,695▲ 512%€39,863▼ 94.5%-€124,210
Equity€2.2m▲ 4.8%€1.5m▼ 32.5%€2.2m▲ 49.5%€2.2m▲ 1.8%€1.2m▼ 47.5%
Total assets€3.4m▲ 5.3%€3.6m▲ 3.5%€3.4m▼ 4.0%€3.6m▲ 5.2%€3.4m▼ 5.3%
Debt€1.3m▲ 6.1%€2.1m▲ 65.2%€1.2m▼ 41.5%€1.4m▲ 11.2%€2.2m▲ 63.9%
Working capital€3.0m▲ 6.7%€2.3m▼ 24.7%€3.1m▲ 36.5%€3.3m▲ 4.8%€2.3m▼ 30.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €68,426 after €92,125 in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €3.4m
Fixed assets
€215,284 ▼ 7.6%
Current assets
€3.2m ▼ 5.2%
Equity and liabilities €3.4m
Equity
€1.2m ▼ 47.5%
Debt
€2.2m ▲ 63.9%
Debt's share of the balance-sheet total rises from 37.9% to 65.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€13,258▼
2022 · €147,478
Cash flow
-€69,042▼
2022 · €95,217
Current ratio
3.46▼
2022 · 37.05
Debt to equity
1.90▲
2022 · 0.61
ROE
-10.6%▼
2022 · 1.8%
ROA
-3.7%▼
2022 · 1.1%
Interest coverage
-0.24▼
2022 · 2.67
Debt ≤ 1 year
€920,013▲
2022 · €90,665
Debt > 1 year
€1.1m=
2022 · €1.1m
Income taxes
€618
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €54,719 | €55,147 | €55,354 | €55,354 | €55,168 | ▼ 0.3% |
| Other operating charges640/8 | - | - | €36,191 | €61,075 | €12,480 | ▼ 79.6% |
| Gross operating margin9900 | €257,204 | €253,801 | €322,420 | €208,554 | -€778 | ▼ 100% |
| Operating profit (loss)9901 | €174,945 | €187,334 | €230,876 | €92,125 | -€68,426 | ▼ 174% |
| Financial income75/76B | - | - | €635,811 | €2,919 | €206 | ▼ 93.0% |
| Recurring financial income75 | €23,127 | €27,154 | €635,811 | €2,919 | €206 | ▼ 93.0% |
| Financial charges65/66B | - | - | €55,223 | €55,180 | €55,371 | ▲ 0.3% |
| Recurring financial charges65 | €55,269 | €55,492 | €55,223 | €55,180 | €55,371 | ▲ 0.3% |
| Profit (loss) for the period before taxes9903 | €142,804 | €158,995 | €811,464 | €39,863 | -€123,592 | ▼ 410% |
| Income taxes67/77 | €42,903 | €40,431 | €85,769 | - | €618 | - |
| Profit (loss) for the period9904 | €99,901 | €118,564 | €725,695 | €39,863 | -€124,210 | ▼ 412% |
| Profit (loss) for the period to be appropriated9905 | -€60,299 | -€41,636 | €725,695 | €39,863 | -€124,210 | ▼ 412% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.4m | €3.6m | €3.4m | €3.6m | €3.4m | ▼ 5.3% |
| Fixed assets21/28 | €331,546 | €341,147 | €288,305 | €232,952 | €215,284 | ▼ 7.6% |
| Tangible fixed assets22/27 | €270,473 | €280,073 | €227,232 | €171,878 | €154,211 | ▼ 10.3% |
| Land and buildings22 | - | - | €195,742 | €140,388 | €122,721 | ▼ 12.6% |
| Other tangible fixed assets26 | - | - | €31,490 | €31,490 | €31,490 | = |
| Financial fixed assets28 | €61,073 | €61,073 | €61,073 | €61,073 | €61,073 | = |
| Current assets29/58 | €3.1m | €3.2m | €3.1m | €3.4m | €3.2m | ▼ 5.2% |
| Amounts receivable within one year40/41 | €2.8m | €2.9m | €2.9m | €3.3m | €3.2m | ▼ 4.3% |
| Trade receivables40 | - | - | €700,791 | €986,840 | €956,086 | ▼ 3.1% |
| Other amounts receivable41 | - | - | €2.2m | €2.3m | €2.2m | ▼ 4.8% |
| Current investments50/53 | €11,456 | €11,452 | €11,451 | €11,447 | €6,472 | ▼ 43.5% |
| Cash at bank and in hand54/58 | €295,101 | €213,029 | €216,128 | €12,663 | €1,991 | ▼ 84.3% |
| Deferred charges and accrued income490/1 | - | - | - | €16,104 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.4m | €3.6m | €3.4m | €3.6m | €3.4m | ▼ 5.3% |
| Equity10/15 | €2.2m | €1.5m | €2.2m | €2.2m | €1.2m | ▼ 47.5% |
| Contributions10/11 | €997,798 | €997,798 | €997,798 | €997,798 | €61,500 | ▼ 93.8% |
| Capital10 | - | - | €997,798 | €997,798 | €61,500 | ▼ 93.8% |
| Issued capital100 | - | - | €997,798 | €997,798 | €61,500 | ▼ 93.8% |
| Reserves13 | €308,400 | €468,600 | €497,680 | €497,680 | €497,680 | = |
| Non-distributable reserves130/1 | - | - | €99,780 | €99,780 | €99,780 | = |
| Legal reserve130 | - | - | €99,780 | €99,780 | €99,780 | = |
| Tax-exempt reserves132 | - | - | €397,900 | €397,900 | - | - |
| Distributable reserves133 | - | - | - | - | €397,900 | - |
| Profit (loss) carried forward14 | €867,115 | €934,614 | €696,615 | €736,479 | €612,269 | ▼ 16.9% |
| Amounts payable17/49 | €1.3m | €2.1m | €1.2m | €1.4m | €2.2m | ▲ 63.9% |
| Amounts payable after more than one year17 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Financial debts170/4 | - | - | €1.1m | €1.1m | €1.1m | = |
| Amounts payable within one year42/48 | €76,825 | €933,395 | €9,426 | €90,665 | €920,013 | ▲ 915% |
| Trade debts44 | €38 | €11,763 | €5,728 | €89,838 | €39,100 | ▼ 56.5% |
| Suppliers440/4 | - | - | €5,728 | €89,838 | €39,100 | ▼ 56.5% |
| Taxes, remuneration and social security45 | - | - | €2,871 | - | €9,265 | - |
| Taxes450/3 | - | - | - | - | €9,265 | - |
| Remuneration and social security454/9 | - | - | €2,871 | - | - | - |
| Other amounts payable47/48 | - | - | €827 | €827 | €871,648 | ▲ 105,261% |
| Accrued charges and deferred income492/3 | - | - | €113,782 | €169,182 | €208,384 | ▲ 23.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €99,901 | €118,564 | €725,695 | €39,863 | -€124,210 | ▼ 412% |
| + Depreciation and write-downs630 | €54,719 | €55,147 | €55,354 | €55,354 | €55,168 | ▼ 0.3% |
| Operating cash flow (approximation) | €154,620 | €173,711 | €781,049 | €95,217 | -€69,042 | ▼ 173% |
| Investment in fixed assets (approximation) | - | -€64,748 | -€2,512 | €0 | -€37,500 | - |
| Change in cash | - | -€82,072 | €3,099 | -€203,464 | -€10,673 | ▲ 94.8% |
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
2024
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-10
Financial
Weakest financial yearnet -€124,210
Net result drops to -€124,210, the lowest in the series.
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-10
Financial
Highest result since 2018net €725,695 ▲512%
Net result €725,695, the highest in the series.
31-10
Financial
Liquidity times 96current ratio 331.73
Current ratio from 3.45 to 331.73; short-term debt falls from €933,395 to €9,426.
31-10
Financial
Equity above €2mEq €2.2m ▲49.5%
4 profitable years in a row build equity to €2.2m.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
18-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
21-05
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Ukkel · 1 establishment unit since 1999
Ground area
1,885 m²
Building footprint
258 m²
Volume, LiDAR
2,069 m³
Parcel 21614H0013/00R008, Brussels · tallest building 17.3 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
CHIGUA
since 19992.363.832.491
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614H0013/00R008 | Brussels | 1,885 m² | 1 · 258 m² | 17.3 m · 3 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-10-2023 list no shareholders, and no other source names one.
Holdings 1
-
98.39%
According to the annual accounts to 31-10-2023 of CHIGUA and those 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
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPublic limited company
Founded25-05-1999
Fiscal year end31-10
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.