CHIHAB
Open bankruptcyA bankruptcy procedure is open for CHIHAB according to publications in the Belgian State Gazette; curator: PAUL VAN ROMPAEY. The 2024 annual accounts show equity of €4k and a net result of €6k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 26043 sector peers (2024).
NBB · sector comparisonPosition among 26043 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
90 d late
2022
51 d late
2021
74 d late
2020
89 d late
2019
101 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€4k
2023 · €-2k
2018: €144k
2019: €115k
2020: €58k
2021: €12k
2022: €-7k
2023: €-2k
2018 → 2024
Total assets
€1.99M▲ 7.2%
2023 · €1.86M
2018: €1.44M
2019: €1.52M
2020: €1.43M
2021: €1.43M
2022: €1.52M
2023: €1.86M
2018 → 2024
Net result
€6k▲ 40.2%
2023 · €4k
2018: €2k
2019: €-29k
2020: €-57k
2021: €-46k
2022: €-19k
2023: €4k
2018 → 2024
Working capital
€996k▲ 0.5%
2023 · €991k
2018: €1.13M
2019: €1.11M
2020: €1.04M
2021: €1.02M
2022: €995k
2023: €991k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€58k-€12k▼ 78.6%€-7k€-2k▲ 65.5%€4k
Operating result€-51k-€-45k▲ 11.5%€-18k▲ 59.5%€5k€9k▲ 70.0%
Net result€-57k-€-46k▲ 19.9%€-19k▲ 57.9%€4k€6k▲ 40.2%
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 has risen four years in a row; 2024 is 70% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.99M
Fixed assets
€8k▼ 28.7%
Current assets
€1.98M▲ 7.4%
Equity and liabilities €1.99M
Equity
€4k
Debt
€1.99M
Debt finances 99.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€12k▲
2023 · €7k
Cash flow
€9k▲
2023 · €7k
Solvency
0.2%▲
2023 · -0.1%
Current ratio
2.01▼
2023 · 2.16
Quick ratio
0.25▲
2023 · 0.13
ROE
160.3%
ROA
0.3%▲
2023 · 0.2%
Interest coverage
49.07▲
2023 · 8.29
Debt
€1.99M▲
2023 · €1.86M
Debt ≤ 1 year
€987k▲
2023 · €856k
Debt > 1 year
€1.00M▼
2023 · €1.00M
Income taxes
€3k
Staff costs
€46k
A ratio outside any meaningful range has been withheld (balance sheet total €1.99M, equity €4k).
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€1.86M€1.99M▲
Fixed assets21/28€11k€8k▼
Tangible fixed assets22/27€3k-
Plant, machinery and equipment23€3k-
Furniture and vehicles24€413-
Financial fixed assets28€8k€8k=
Current assets29/58€1.85M€1.98M▲
Stocks and contracts in progress3€1.73M€1.73M=
Stocks30/36€1.73M€1.73M=
Amounts receivable within one year40/41€113k€247k▲
Trade receivables40€103k€234k▲
Other amounts receivable41€10k€13k▲
Cash at bank and in hand54/58€46€2k▲
Deferred charges and accrued income490/1-€516
Equity and liabilities
Total equity and liabilities10/49€1.86M€1.99M▲
Equity10/15€-2k€4k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-10k€-4k▲
Amounts payable17/49€1.86M€1.99M▲
Amounts payable after more than one year17€1.00M€1.00M▼
Financial debts170/4€4k-
Other amounts payable178/9€1.00M€1.00M=
Amounts payable within one year42/48€856k€987k▲
Current portion of amounts payable after more than one year42€11k€4k▼
Trade debts44€525k€658k▲
Suppliers440/4€525k€658k▲
Advances received on contracts in progress46€114k€114k=
Taxes, remuneration and social security45€5k€24k▲
Taxes450/3-€4k
Remuneration and social security454/9€5k€20k▲
Other amounts payable47/48€200k€186k▼
Income statement
Code20232024
Remuneration, social security and pensions62-€46k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€248€728▲
Gross operating margin9900€8k€59k▲
Operating profit (loss)9901€5k€9k▲
Financial income75/76B€4-
Recurring financial income75€4-
Financial charges65/66B€904€248▼
Recurring financial charges65€904€248▼
Profit (loss) for the period before taxes9903€4k€9k▲
Income taxes67/77-€3k
Profit (loss) for the period9904€4k€6k▲
Profit (loss) for the period to be appropriated9905€4k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-4k▲
Profit (loss) brought forward from the previous period14P€-15k€-10k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
03-08
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · CHIHAB BV OUDESMIDSE- STRAAT 20, 1700 DILBEEK · event 28-07-2026
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Highest result since 2018net €6k ▲40.2%
Net result €6k, the highest in the series.
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 90 days late
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after 4 loss-making years.
20-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 51 days late
2022
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
2020
31-12
Financial
Weakest financial yearnet €-57k
Net result drops to €-57k, the lowest in the series.
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 101 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 397 days late
2019
27-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 300 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
14-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 45 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Dilbeek · 2 establishment units since 2014
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.
Oudesmidsestraat 201700 DilbeekGround area
2.0 ha
Building footprint
3,735 m²
Volume, LiDAR
3,836 m³
3 parcels, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
CHIHAB SPRL
since 20142.234.934.735
CHIHAB
since 20142.229.321.603
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23091C0055/00G002 | Flanders | 1.7 ha | 1 · 3,153 m² | - |
| 23091C0065/00B002 | Flanders | 2,593 m² | 1 · 283 m² | 6.4 m · 1 fl. |
| 23016D0063/00W002 | Flanders | 300 m² | 1 · 299 m² | 12.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PAUL VAN ROMPAEY ZANDBERG 19, 2260 WESTERLO- |
28-07-2026 → present |
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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Of 6,503 companies in sector 47716 we hold annual accounts for 2,440. 816 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-12-2013
Fiscal year end31-12
Activities, NACEBEL
46423Wholesale of clothing, excluding workwear and underwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
46610Wholesale trade
46711Wholesale of cars and light vans (up to 3.5 tonnes)
46712Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.