CHINACCESS
ActiveSummary
CHINACCESS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €72,212 and a net result of €25,317. Equity is growing by ~20.9% per year across the filed fiscal years. Its solvency ranks better than 39% of 37969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability89▼-11
Solvency71▼-20
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity short (current ratio 0.57 against 2.56 in 2023; short-term debt: 32.4% and cash: 4.7% of total assets), and 54.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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 2024Solvency, return and age of the figures
Solvency
45.5%
Return on assets
16%
Age of the figures
21 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
1 d early
2022
on the day
2021
on the day
2020
31 d late
2019
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 25 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€72,212▲ 18.0%
2023 · €61,181
Total assets
€158,581▲ 71.7%
2023 · €92,374
Net result
€25,317▼ 11.7%
2023 · €28,679
Working capital
-€22,212
2023 · €48,606
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
Line20202021202220232024
Operating result€37,284€38,920▲ 4.4%€2,252▼ 94.2%€38,584▲ 1,613%€40,243▲ 4.3%
Net result€29,452within the sector's middle half€23,952within the sector's middle half▼ 18.7%€2,367within the sector's middle half▼ 90.1%€28,679within the sector's middle half▲ 1,111%€25,317within the sector's middle half▼ 11.7%
Equity€20,467below the sector's middle half▼ 6.6%€44,420within the sector's middle half▲ 117%€46,787within the sector's middle half▲ 5.3%€61,181within the sector's middle half▲ 30.8%€72,212within the sector's middle half▲ 18.0%
Total assets€96,877within the sector's middle half▲ 21.8%€73,998below the sector's middle half▼ 23.6%€66,845below the sector's middle half▼ 9.7%€92,374within the sector's middle half▲ 38.2%€158,581within the sector's middle half▲ 71.7%
Debt€76,410▲ 32.6%€29,578▼ 61.3%€20,058▼ 32.2%€31,194▲ 55.5%€86,369▲ 177%
Working capital€15,312within the sector's middle half▼ 23.3%€34,104within the sector's middle half▲ 123%€39,514within the sector's middle half▲ 15.9%€48,606within the sector's middle half▲ 23.0%-€22,212below the sector's middle half
Solvency21.1%below the sector's middle half▼ 6.4pp60.0%within the sector's middle half▲ 38.9pp70.0%within the sector's middle half▲ 10.0pp66.2%within the sector's middle half▼ 3.8pp45.5%within the sector's middle half▼ 20.7pp
Current ratio1.20within the sector's middle half▼ 0.152.15within the sector's middle half▲ 0.952.97within the sector's middle half▲ 0.822.56within the sector's middle half▼ 0.410.57below the sector's middle half▼ 1.99
Return on assets (ROA)30.4%above the sector's middle half▲ 30.5pp32.4%above the sector's middle half▲ 2.0pp3.5%within the sector's middle half▼ 28.8pp31.0%above the sector's middle half▲ 27.5pp16.0%within the sector's middle half▼ 15.1pp
Staff (FTE)0.30.8▲ 167%0.5▼ 37.5%
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 4% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €158,581
Fixed assets
€129,422 ▲ 929%
Current assets
€29,159 ▼ 63.5%
Equity and liabilities €158,581
Equity
€72,212 ▲ 18.0%
Debt
€86,369 ▲ 177%
Debt's share of the balance-sheet total rises from 33.8% to 54.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€63,371▲
2023 · €45,237
Cash flow
€48,445▲
2023 · €35,332
Quick ratio
0.51▼
2023 · 2.47
Debt to equity
1.20▲
2023 · 0.51
ROE
35.1%▼
2023 · 46.9%
Interest coverage
27.99▼
2023 · 305.51
Debt ≤ 1 year
€51,371▲
2023 · €31,194
Debt > 1 year
€34,998
Income taxes
€12,661▲
2023 · €9,757
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 31,349 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €4,438 | €15,393 | €8,673 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,403 | €3,649 | €4,923 | €6,652 | €23,128 | ▲ 248% |
| Other operating charges640/8 | - | €1,339 | €1,066 | €582 | €544 | ▼ 6.6% |
| Gross operating margin9900 | €40,367 | €48,346 | €23,634 | €54,492 | €63,915 | ▲ 17.3% |
| Operating profit (loss)9901 | €37,284 | €38,920 | €2,252 | €38,584 | €40,243 | ▲ 4.3% |
| Financial income75/76B | - | - | €241 | - | - | - |
| Recurring financial income75 | €1,066 | - | €241 | - | - | - |
| Financial charges65/66B | - | €89 | €126 | €148 | €2,264 | ▲ 1,429% |
| Recurring financial charges65 | €199 | €89 | €126 | €148 | €2,264 | ▲ 1,429% |
| Profit (loss) for the period before taxes9903 | €38,151 | €38,831 | €2,367 | €38,436 | €37,979 | ▼ 1.2% |
| Income taxes67/77 | €8,700 | €14,879 | - | €9,757 | €12,661 | ▲ 29.8% |
| Profit (loss) for the period9904 | €29,452 | €23,952 | €2,367 | €28,679 | €25,317 | ▼ 11.7% |
| Profit (loss) for the period to be appropriated9905 | €29,452 | €23,952 | €2,367 | €28,679 | €25,317 | ▼ 11.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €96,877 | €73,998 | €66,845 | €92,374 | €158,581 | ▲ 71.7% |
| Fixed assets21/28 | €5,155 | €10,316 | €7,273 | €12,575 | €129,422 | ▲ 929% |
| Tangible fixed assets22/27 | €5,105 | €10,116 | €7,073 | €12,375 | €129,222 | ▲ 944% |
| Plant, machinery and equipment23 | - | - | - | - | €14,722 | - |
| Furniture and vehicles24 | - | €10,116 | €7,073 | €12,375 | €114,500 | ▲ 825% |
| Financial fixed assets28 | €50 | €200 | €200 | €200 | €200 | = |
| Current assets29/58 | €91,722 | €63,682 | €59,572 | €79,799 | €29,159 | ▼ 63.5% |
| Stocks and contracts in progress3 | €2,826 | €2,826 | €2,826 | €2,826 | €2,826 | = |
| Stocks30/36 | - | €2,826 | €2,826 | €2,826 | €2,826 | = |
| Amounts receivable within one year40/41 | €71,631 | €21,473 | €43,096 | €17,607 | €17,855 | ▲ 1.4% |
| Trade receivables40 | - | €21,413 | €43,034 | €17,545 | €17,792 | ▲ 1.4% |
| Other amounts receivable41 | - | €60 | €62 | €62 | €62 | = |
| Cash at bank and in hand54/58 | €16,527 | €38,717 | €12,894 | €58,475 | €7,473 | ▼ 87.2% |
| Deferred charges and accrued income490/1 | - | €666 | €755 | €891 | €1,005 | ▲ 12.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €96,877 | €73,998 | €66,845 | €92,374 | €158,581 | ▲ 71.7% |
| Equity10/15 | €20,467 | €44,420 | €46,787 | €61,181 | €72,212 | ▲ 18.0% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €7 | €23,960 | €26,327 | €40,721 | €51,752 | ▲ 27.1% |
| Amounts payable17/49 | €76,410 | €29,578 | €20,058 | €31,194 | €86,369 | ▲ 177% |
| Amounts payable after more than one year17 | - | - | - | - | €34,998 | - |
| Financial debts170/4 | - | - | - | - | €34,998 | - |
| Amounts payable within one year42/48 | €76,410 | €29,578 | €20,058 | €31,194 | €51,371 | ▲ 64.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €14,514 | - |
| Trade debts44 | €29,747 | €11,469 | €11,053 | €667 | €11,942 | ▲ 1,689% |
| Suppliers440/4 | - | €11,469 | €11,053 | €667 | €11,942 | ▲ 1,689% |
| Taxes, remuneration and social security45 | - | €17,691 | €3,784 | €17,241 | €14,915 | ▼ 13.5% |
| Taxes450/3 | - | €13,017 | €2,397 | €17,241 | €14,915 | ▼ 13.5% |
| Remuneration and social security454/9 | - | €4,674 | €1,386 | - | - | - |
| Other amounts payable47/48 | - | €418 | €5,222 | €13,285 | €10,000 | ▼ 24.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,452 | €23,952 | €2,367 | €28,679 | €25,317 | ▼ 11.7% |
| + Depreciation and write-downs630 | €1,403 | €3,649 | €4,923 | €6,652 | €23,128 | ▲ 248% |
| Operating cash flow (approximation) | €30,854 | €27,601 | €7,290 | €35,332 | €48,445 | ▲ 37.1% |
| Investment in fixed assets (approximation) | - | -€8,810 | -€1,880 | -€11,954 | -€139,975 | ▼ 1,071% |
| Change in cash | - | €22,190 | -€25,822 | €45,580 | -€51,002 | ▼ 212% |
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €29,452
Net result €29,452 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Weakest financial yearnet -€113
Net result drops to -€113, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
17-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Asse · 1 establishment unit since 2006
Ground area
3,305 m²
Building footprint
448 m²
Volume, LiDAR
2,505 m³
2 parcels, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CHINACCESS BVBA
since 20062.153.112.859
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23322C0318/00N000 | Flanders | 2,010 m² | 1 · 256 m² | 9.5 m · 2 fl. |
| 23006A0280/00T000 | Flanders | 1,294 m² | 1 · 192 m² | 6.9 m · 1 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 82,642 companies in sector 70200 we hold annual accounts for 52,629. 39,810 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-03-2006
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
46900Non-specialised wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0880087136
Also
9925:BE0880087136
Registered
15-04-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.