CHIMCO
ActiveSummary
CHIMCO has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€310) and a net result of €199,963. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 12% of 8161 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability50▲+50
Solvency25▲+25
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.99 against 0.39 in 2024; short-term debt: 100.2% and cash: 44.1% of total assets), and equity is negative.
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Signals
Six 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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 8161 sector peers (2025).
NBB · sector comparisonPosition among 8161 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
31 d late
2023
21 d late
2022
30 d late
2021
29 d late
2020
136 d early
2019
24 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 3 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
-€310▲ 99.8%
2024 · -€200,273
Total assets
€157,605▼ 31.9%
2024 · €231,375
Net result
€199,963
2024 · -€295,175
Working capital
-€2,064▲ 99.2%
2024 · -€259,766
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€9,540▲ 401%€4,603▼ 51.7%€15,560▲ 238%-€285,693-€225,580▲ 21.0%
Net result€5,630within the sector's middle half▲ 75.3%€1,728within the sector's middle half▼ 69.3%€2,094within the sector's middle half▲ 21.2%-€295,175below the sector's middle half€199,963above the sector's middle half
Equity€92,653within the sector's middle half▲ 4.6%€92,808within the sector's middle half▲ 0.2%€94,902within the sector's middle half▲ 2.3%-€200,273below the sector's middle half-€310below the sector's middle half▲ 99.8%
Total assets€551,844above the sector's middle half▲ 1.2%€556,690above the sector's middle half▲ 0.9%€520,123above the sector's middle half▼ 6.6%€231,375within the sector's middle half▼ 55.5%€157,605below the sector's middle half▼ 31.9%
Debt€459,191▲ 0.6%€463,882▲ 1.0%€425,221▼ 8.3%€431,648▲ 1.5%€157,915▼ 63.4%
Working capital€27,879within the sector's middle half▲ 69.6%€43,665within the sector's middle half▲ 56.6%€52,135within the sector's middle half▲ 19.4%-€259,766below the sector's middle half-€2,064below the sector's middle half▲ 99.2%
Solvency16.8%within the sector's middle half▲ 0.5pp16.7%within the sector's middle half▼ 0.1pp18.2%within the sector's middle half▲ 1.6pp-86.6%below the sector's middle half▼ 104.8pp-0.2%below the sector's middle half▲ 86.4pp
Current ratio1.06within the sector's middle half▲ 0.031.10within the sector's middle half▲ 0.041.13within the sector's middle half▲ 0.030.39below the sector's middle half▼ 0.740.99below the sector's middle half▲ 0.60
Return on assets (ROA)1.0%within the sector's middle half▲ 0.4pp0.3%within the sector's middle half▼ 0.7pp0.4%within the sector's middle half▲ 0.1pp-127.6%below the sector's middle half▼ 128.0pp126.9%above the sector's middle half▲ 254.4pp
Staff (FTE)2.4▼ 14.3%2.2▼ 8.3%2▼ 9.1%2=1.9within the sector's middle half▼ 5.0%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
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 stays negative: a loss of €225,580 in 2025 against €285,693 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €157,605
Fixed assets
€1,755 ▼ 97.4%
Current assets
€155,851 ▼ 5.6%
Key figures and ratios
EBITDA
-€216,526▲
2024 · -€265,587
Cash flow
€209,018▲
2024 · -€275,069
Interest coverage
-10.51▲
2024 · -26.28
Debt ≤ 1 year
€157,915▼
2024 · €424,884
Income taxes
€380▼
2024 · €402
Staff costs
€67,419▲
2024 · €32,199
Equity ratios withheld: equity of -€310 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,795 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.7%
went bankrupt
5.3%
stopped otherwise
92%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,795 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €11,823 | - | - | - | €180 | - |
| Remuneration, social security and pensions62 | €44,582 | €43,016 | €32,918 | €32,199 | €67,419 | ▲ 109% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,061 | €32,987 | €18,064 | €20,106 | €9,054 | ▼ 55.0% |
| Other operating charges640/8 | €8,538 | €2,837 | €3,957 | €3,063 | €5,481 | ▲ 78.9% |
| Non-recurring operating charges66A | €236 | €756 | €150 | €179 | €104 | ▼ 42.1% |
| Gross operating margin9900 | €85,958 | €84,200 | €70,649 | -€230,146 | -€143,523 | ▲ 37.6% |
| Operating profit (loss)9901 | €9,540 | €4,603 | €15,560 | -€285,693 | -€225,580 | ▲ 21.0% |
| Financial income75/76B | €4,533 | €3,748 | €1,393 | €1,025 | €446,529 | ▲ 43,463% |
| Recurring financial income75 | €4,533 | €3,748 | €1,393 | €1,025 | €446,529 | ▲ 43,463% |
| Financial charges65/66B | €6,533 | €6,624 | €9,009 | €10,105 | €20,606 | ▲ 104% |
| Recurring financial charges65 | €6,533 | €6,624 | €9,009 | €10,105 | €20,606 | ▲ 104% |
| Profit (loss) for the period before taxes9903 | €7,539 | €1,728 | €7,944 | -€294,773 | €200,343 | ▲ 168% |
| Income taxes67/77 | €1,909 | - | €5,850 | €402 | €380 | ▼ 5.5% |
| Profit (loss) for the period9904 | €5,630 | €1,728 | €2,094 | -€295,175 | €199,963 | ▲ 168% |
| Profit (loss) for the period to be appropriated9905 | €5,630 | €1,728 | €2,094 | -€295,175 | €199,963 | ▲ 168% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €551,844 | €556,690 | €520,123 | €231,375 | €157,605 | ▼ 31.9% |
| Fixed assets21/28 | €94,616 | €79,566 | €61,502 | €66,257 | €1,755 | ▼ 97.4% |
| Tangible fixed assets22/27 | €94,592 | €79,541 | €61,477 | €66,233 | €1,730 | ▼ 97.4% |
| Land and buildings22 | €34,794 | €31,316 | €27,837 | €24,358 | - | - |
| Plant, machinery and equipment23 | €3,918 | €2,693 | €2,362 | €23,974 | - | - |
| Furniture and vehicles24 | €55,879 | €45,532 | €31,279 | €17,900 | €1,730 | ▼ 90.3% |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €457,228 | €477,124 | €458,621 | €165,118 | €155,851 | ▼ 5.6% |
| Stocks and contracts in progress3 | €289,490 | €359,385 | €361,810 | €95,492 | - | - |
| Stocks30/36 | €289,490 | €359,385 | €361,810 | €95,492 | - | - |
| Amounts receivable within one year40/41 | €50,914 | €106,567 | €94,111 | €63,447 | €86,421 | ▲ 36.2% |
| Trade receivables40 | €6,343 | €29,189 | €7,052 | €643 | €983 | ▲ 52.9% |
| Other amounts receivable41 | €44,570 | €77,378 | €87,059 | €62,805 | €85,438 | ▲ 36.0% |
| Cash at bank and in hand54/58 | €116,084 | €11,172 | €2,700 | €6,179 | €69,430 | ▲ 1,024% |
| Deferred charges and accrued income490/1 | €740 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €551,844 | €556,690 | €520,123 | €231,375 | €157,605 | ▼ 31.9% |
| Equity10/15 | €92,653 | €92,808 | €94,902 | -€200,273 | -€310 | ▲ 99.8% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Capital10 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Issued capital100 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Reserves13 | €25,815 | €25,815 | €32,929 | €32,929 | €32,929 | = |
| Non-distributable reserves130/1 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Legal reserve130 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Distributable reserves133 | €19,618 | €19,618 | €26,732 | €26,732 | €26,732 | = |
| Profit (loss) carried forward14 | €3,292 | €5,020 | - | -€295,175 | -€95,212 | ▲ 67.7% |
| Investment grants15 | €1,573 | - | - | - | - | - |
| Amounts payable17/49 | €459,191 | €463,882 | €425,221 | €431,648 | €157,915 | ▼ 63.4% |
| Amounts payable after more than one year17 | €29,842 | €30,423 | €18,734 | €6,765 | - | - |
| Financial debts170/4 | €29,842 | €30,423 | €18,734 | €6,765 | - | - |
| Amounts payable within one year42/48 | €429,349 | €433,459 | €406,486 | €424,884 | €157,915 | ▼ 62.8% |
| Current portion of amounts payable after more than one year42 | €23,228 | €14,178 | €11,688 | €11,970 | €6,765 | ▼ 43.5% |
| Financial debts43 | €124,368 | €124,368 | €124,368 | €124,368 | - | - |
| Credit institutions430/8 | €124,368 | €124,368 | €124,368 | €124,368 | - | - |
| Trade debts44 | €33,366 | €46,332 | €12,925 | €40,340 | - | - |
| Suppliers440/4 | €33,366 | €46,332 | €12,925 | €40,340 | - | - |
| Advances received on contracts in progress46 | - | - | €9,000 | - | - | - |
| Taxes, remuneration and social security45 | €8,741 | €8,936 | €8,887 | €8,588 | €1,505 | ▼ 82.5% |
| Taxes450/3 | €3,189 | €4,275 | €5,785 | €6,239 | €1,505 | ▼ 75.9% |
| Remuneration and social security454/9 | €5,553 | €4,661 | €3,102 | €2,349 | - | - |
| Other amounts payable47/48 | €239,645 | €239,645 | €239,618 | €239,618 | €149,645 | ▼ 37.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,630 | €1,728 | €2,094 | -€295,175 | €199,963 | ▲ 168% |
| + Depreciation and write-downs630 | €23,061 | €32,987 | €18,064 | €20,106 | €9,054 | ▼ 55.0% |
| Operating cash flow (approximation) | €28,692 | €34,714 | €20,158 | -€275,069 | €209,018 | ▲ 176% |
| Investment in fixed assets (approximation) | - | -€17,936 | €0 | -€24,861 | €55,448 | ▲ 323% |
| Change in cash | - | -€104,913 | -€8,472 | €3,479 | €63,251 | ▲ 1,718% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Back to profitnet €199,963
Net result €199,963 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet -€295,175
Net result drops to -€295,175, the lowest in the series; recovery starts the following year.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
17-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 10 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
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, Liège · 1 establishment unit since 1983
Ground area
1,641 m²
Building footprint
424 m²
Volume, LiDAR
6,236 m³
2 parcels, Wallonia · tallest building 23.5 m, ±7 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Xhéneumont 10, 4651 Herve
since 19832.023.263.711
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63006C0162/00F000 | Wallonia | 849 m² | 1 · 216 m² | 10.3 m · 3 fl. |
| 62804C0355/00T002 | Wallonia | 792 m² | 1 · 208 m² | 23.5 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,228 companies in sector 46851 we hold annual accounts for 528. 250 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded16-11-1983
Fiscal year end31-12
Activities, NACEBEL 2025
46442Wholesale trade
46851Wholesale of industrial chemicals
46499Wholesale of other household goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0424761812
Also
9925:BE0424761812
Registered
19-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.