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CHILLAX

Judicial reorganisation
Public limited companyfounded 20179 yrs activeKBO/BCE: BE 0681.525.661
Summary

The file of CHILLAX contains 1 judicial reorganisation and 1 administrative flag, as published in the Belgian State Gazette. The KBO register records for CHILLAX the legal situation: special situation; this is today's state according to the register itself, which carries no start date. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show negative equity (-€288,588) and a net result of -€64,029. Equity is shrinking by ~51% per year across the filed fiscal years. Its solvency ranks better than 5% of 16752 sector peers (fiscal year 2025).

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court
French-language Enterprise Court of Brussels
Opened
2 July 2026
Track
Reorganisation by collective agreement
Docket number
20260168
Moratorium until
21 October 2026
Creditors' vote
7 October 2026
Delegated judge
Paul Vanderhoeven
Official Gazette
09-07-2026 (pdf) ↗search the document for 2026/130982

What to do now

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
  3. The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
  4. What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
  5. The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the moratorium runs until 21 October 2026, unless the court extends or ends it earlier. The date of the vote on the plan is in the judgment and in RegSol.

View the file in RegSol ↗ Watch Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Real estate agency activities
NACE 68310NACE 68311
1 site
Size
€176,352total assets 2025
Equity
-€288,588
Loss
-€64,029
Turnover not published (abridged schema)
Financial health
3 Critical Checked score 2025
Reorganisation running: about 1 in 4 bankrupt within the year
Structure
Largest shareholder
XL GROUP VLAANDEREN · 30%
Accounts filed 100 d late3 of 11 deeds read
Why 3- Negative equity- In judicial reorganisation- Filed more than 90 days late- Administrative warnings in the KBO publicationsShow the evidence

Checked score

Score 2025
3 / 100
Critical
Without a bankruptcy probability: score from the figures alone
Financial strength · tick = 2024
Weak
Solvency 0=
equity -163.6% of total assets
Liquidity 10+3
short-term debt 209.5% · cash 8.3%
Profitability 0=
return on assets -36.3%
Bankruptcy probability, 12 months

Judicial reorganisation

About 1 in 4 comparable companies went bankrupt within the year

A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).

No credit on open account during an ongoing judicial reorganisation
Liquidity short (current ratio 0.38 against 0.47 in 2024; short-term debt: 209.5% and cash: 8.3% of total assets), and equity is negative.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€288,588
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX WER). The company is restructuring. The KBO register also records: special situation.
Belgian State Gazette
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-05-2026, 100 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 · 7 filings
Deviation from the deadline
2025
100 d late
2024
18 d early
2023
1 d early
2022
1 d early
2021
on the day
2020
26 d early
2019
20 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 5 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struckAddress strikeout date corrected
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 30 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close05-10-2026 today31-01-2027 deadline
  1. Address struckevent 04-07-2026
  2. Address strikeout date correctedevent 04-05-2026
  3. OpeningTribunal de l’entreprise francophone de…

Key points

  • Risk: In judicial reorganisationcreditors: see the procedure below 02-07-2026 View
  • Risk: Negative equityfiscal year 2025: debts exceed assets -€288,588 View
  • Risk: 3 loss-making years in a rowloss fiscal year 2025 -€64,029 View
  • Caution: Among the weakest 5% on solvencysector median 29.4% · 16,752 companies -163.6% View
  • Caution: Latest accounts filed lateafter the legal deadline 100 d View
  • Positive: Result rose in 2025from -€123,096 to -€64,029 ▲ 48.0% View
  • A director leftlatest change 26-06-2026 · 0 in office 1 left View

By topic

Financials

Fiscal year
2025
Total assets
€176,352
Loss
-€64,029
Solvency
-163.6%
Total assets▼ 7.2%
Net result
20192025
Go to Financials

Timeline

Events
16
Since
2020
Next accounts
by 31-01-2027
  1. 20-07-2026Address struck
  2. 17-07-2026Address strikeout date corrected
  3. 09-07-2026Opening
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Real estate agency activitiesNACE 68310
Founded
19-09-2017
Year ends
30-06
Peppol
Not found in the Peppol directory
Go to Company details

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