Chingu
ActiveSummary
The computed 12-month bankruptcy probability of Chingu is 3.2% (moderate). The annual accounts of Chingu for financial year 2025 show a net loss of 62% of the equity at the start of that year. The 2025 annual accounts show equity of €5,275 and a net result of -€8,533. Its solvency ranks better than 42% of 16,893 sector peers (NACE 56, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €5,275
- Loss
- -€8,533
Why 49raises riskSector: Food and beverage service activities (NACE 56)Founded in 2023Size: total assets €25,643lowers riskLiquidity: current ratio 0.34, cash €5,460Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 42% on solvency, 28% on liquidity, 8% on profitability and 12% on growth.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 7 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointment: MURUN Ursgal (director) ·…
Financials · financial year 2025, micro format
2025 annual accounts filed late (25 days) Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00422019.
2024 to 2025, 2 financial years
The operating result turns negative in 2025: a loss of €5,712 after €7,444 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 1,207 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 90.2% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.2% 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 497,445 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 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 74.5% 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 1,207 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €27,491 | -€465 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €123 | €705 | ▲ 475% |
| Other operating charges640/8 | €2,198 | €4,861 | ▲ 121% |
| Gross operating margin9900 | €37,255 | -€611 | - |
| Operating profit (loss)9901 | €7,444 | -€5,712 | - |
| Financial income75/76B | €128 | €0 | ▼ 100.0% |
| Recurring financial income75 | €128 | €0 | ▼ 100.0% |
| Financial charges65/66B | €786 | €2,689 | ▲ 242% |
| Recurring financial charges65 | €786 | €2,689 | ▲ 242% |
| Profit (loss) for the period before taxes9903 | €6,786 | -€8,401 | - |
| Income taxes67/77 | €2,978 | €132 | ▼ 95.6% |
| Profit (loss) for the period9904 | €3,808 | -€8,533 | - |
| Profit (loss) for the period to be appropriated9905 | €3,808 | -€8,533 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €43,486 | €25,643 | ▼ 41.0% |
| Fixed assets21/28 | €12,183 | €18,706 | ▲ 53.5% |
| Tangible fixed assets22/27 | €703 | €7,226 | ▲ 928% |
| Plant, machinery and equipment23 | €703 | €1,101 | ▲ 56.6% |
| Furniture and vehicles24 | - | €6,125 | - |
| Financial fixed assets28 | €11,480 | €11,480 | = |
| Current assets29/58 | €31,303 | €6,937 | ▼ 77.8% |
| Stocks and contracts in progress3 | €3,756 | €1,478 | ▼ 60.7% |
| Stocks30/36 | €3,756 | €1,478 | ▼ 60.7% |
| Amounts receivable within one year40/41 | €22,470 | €0 | ▼ 100% |
| Trade receivables40 | €20,532 | €0 | ▼ 100% |
| Other amounts receivable41 | €1,938 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €5,077 | €5,460 | ▲ 7.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €43,486 | €25,643 | ▼ 41.0% |
| Equity10/15 | €13,808 | €5,275 | ▼ 61.8% |
| Contributions10/11 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | €3,808 | -€4,725 | - |
| Amounts payable17/49 | €29,678 | €20,369 | ▼ 31.4% |
| Amounts payable after more than one year17 | €2,459 | €0 | ▼ 100% |
| Financial debts170/4 | €2,459 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €27,219 | €20,369 | ▼ 25.2% |
| Current portion of amounts payable after more than one year42 | €2,511 | €2,459 | ▼ 2.1% |
| Trade debts44 | €13,586 | €11,475 | ▼ 15.5% |
| Suppliers440/4 | €13,586 | €11,475 | ▼ 15.5% |
| Taxes, remuneration and social security45 | €11,122 | €4,685 | ▼ 57.9% |
| Taxes450/3 | €8,344 | €4,222 | ▼ 49.4% |
| Remuneration and social security454/9 | €2,778 | €462 | ▼ 83.4% |
| Other amounts payable47/48 | - | €1,750 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €3,808 | -€8,533 | - |
| + Depreciation and write-downs630 | €123 | €705 | ▲ 475% |
| Operating cash flow (approximation) | €3,930 | -€7,828 | - |
| Investment in fixed assets (approximation) | - | -€7,228 | - |
| Change in cash | - | €383 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 25-08-2026 | 2026-00422019 |
| 31-12-2024 | micro format | 20-07-2025 | 2025-00292935 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| MURUN Ursgal |
|
Owners and capital
Capital and shareholders
- MURUN Ursgal 100 shares (100%) · €10,000 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 20-07-2023 Incorporation · €10,000 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
20-07
Gazette deed
IncorporationAppointment: MURUN Ursgal (director) · Founder · Founding capital19 facts ▸
- Incorporation, 18-07-2023
- Founder, MURUN Ursgal
- Other provision, “financieel plan, overhandigd” (deed in Dutch)
- Other provision, “aansprakelijkheid oprichters bij faillissement binnen drie jaar bij kennelijk ontoereikend aanvangsvermogen, gewezen door notaris” (deed in Dutch)
- Founding capital, €10,000
- Bank account, “vennootschap in oprichting, BE83 7330 7323 3515” (deed in Dutch)
- Other provision, “bevestiging deponering stortingen overeenkomstig bepalingen Wetboek van Vennootschappen en Verenigingen” (deed in Dutch)
- Other provision, “vaststelling statuten, statuten als volgt vastgesteld” (deed in Dutch)
- Other provision, “neerlegging verslagen op griffie ondernemingsrechtbank overeenkomstig Wetboek van Vennootschappen en Verenigingen” (deed in Dutch)
- Capital
- Registered office clause, “Oude Beurs 50-54–2000 Antwerpen” (deed in Dutch)
- Board rule, 2
- +7 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11002A1224/00_000 | Flanders | 35 m² | 1 · 34 m² | 17.5 m · 5 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “1) Het uitbaten van koerierdiensten; 2) Vervoeren van goederen,documenten,pakketten,stukken,onderdelen,allerhande voorwerpen en dit door…” (deed in Dutch)
18 activities (deed in Dutch)
- 1) Het uitbaten van koerierdiensten
- 2) Vervoeren van goederen,documenten,pakketten,stukken,onderdelen,allerhande voorwerpen en dit door alle mogelijke transportmiddelen
- 3) Distributie van folders
- 4) Het uitbaten van een Taxi/ Uber bedrijf voor bezoldigd personenvervoer,alsook het uitbaten van een oproepcentrale voor taxi’s.
- 5) Verhuur van allerhande voertuigen en ceremoniewagens met of zonder chauffeur
- 6) Het organiseren en uitvoeren van luchthavenvervoer en van en naar havens/cruiseschepen
- 7) Aanleg en onderhoud van diverse terreinen en dit in de ruimste vorm. Zoals onder meer het aanleggen en onderhouden van parken en tuinen met inbegrip van aanplanting en verlichting evenals van speelpleinen,sportvelden,zwembaden en terrassen.
- 8) Tuinarchitectuur
- 9) Aan- en verkoop,klein- en groothandel,in- uitvoer van alle soorten motorvoertuigen en (motor)fietsen alsook de onderdelen en accesoires hiervan en het uitvoeren van onderhoud en herstellingen hiervoor
- 10) Aan- en verkoop,in- uitvoer in ruime zin van handelsbemiddeling in voedings- en genotsmiddelen,alsook kledij,meubelen,schoesel,cosmetica,lederwaren,reisartikelen,sieraden,speelgoed,huishoudtextiel,audio en video apparatuur,ijzerwaren,verf en bouwmatrialen,vloerbekleding in alle vormen,antiek,electrische huishoudartikelen,gsm's,computers,tweedehandsgoederen,rookwaren,parfumartikelen,electronica artikelen en luxeartikelen
- 11) Algemene bouwwerken - alle activiteiten die nodig zijn voor het renoveren,onderhouden,bouwen van onroerend goed,zoals electriciteitswerken,loodgierij,schrijnwerkerij,werken aan gasleidingen,graven,ophogen,egaliseren en nivelleren van bouwterreinen
- 12) Aan- en verkoop van zonnepannelen alsook het plaatsen en herstellen en eventueel onderhouden van deze panelen
- 13) Aan- en verkoop van laadpalen voor electrische voertuigen,alsook het plaatsen en onderhouden van deze laadpalen
- 14) Alle actviteiten in de horecasector en het horecabedrijf omvattende onder meer: verkoop aan de toog van eetwaren en dranken,het uitbaten en inrichten van 1 of meerdere restaurants,snackbars,fastfood zaken,frituren,tearooms,cafe's,bars,nachtclubs,feestzalen,kortom alle activiteiten in de horecasector en horecabedrijf in de ruilmste zin van het woord
- 15) Het inrichten,organiseren en promotie voeren van: eetmalen,feesten,conferenties met inbegrip van de verhuring van conferentiematerialen van alle aard in de meest ruime zin van het woord tentoonstellingen,vertoningen en seminaries; vertoningen,concerten en tentoonstellingen; culturele manifestaties; Traiteurdiensten en catering; de verzorging en levering van de verzorging en levering van voedsel en drank
- 16) Feestzaal in beheer,verhuur,traiteur,feestgelegenheden,en regelingen verhuur van zelf gehuurde,geleaste of gekochte gebouw en andere reserveringsactiviteiten en andere nevenactiviteiten
- 17) Het uitbaten van een algemene supermarkt,alsook de handel,de verkoop in groothandel of in kleinhandel,de vertegenwooridiging,de disitributie,de dienst,de verpakking,de import,de export,de makelarij,de vervaardiging van alle voedingswaren of levensmiddelen alsook alles wat betrekking heeft op de algemene voeding,waaronder onder meer en dit zonder limitatief geintrepreteerd te worden,producten van suikergoed,tabakswaren,koffie,thee,dranken groenten
- 18) Het uitbaten van een brood-banketbakkerij,dagwinkel,krantenwinkel,nachtwinkel,met de mogelijkheid tot kansspelen in de meest ruime zin van het woord
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Chingu
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, overbrenging naar tweetalig gebied Brussel Hoofdstad of Nederlands taalgebied door eenvoudige beslissing bestuursorgaan met…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Duurtijd kan maar moet niet beperkt zijn, bij gebrek aan bepaling geacht van onbepaalde duur, een of meer bestuurders, natuurlijke personen…” (deed in Dutch)“Vergoeding bestuurders, algemene kosten los van representatie-,reis-en verplaatsingskosten” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 20:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)1 more provision on this in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering, één of meerdere vereffenaars” (deed in Dutch)