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CHINOH

Active
Public limited companyfounded 1972active for 54 yearsVijfseweg 202, 8793 Waregem, BelgiumKBO/BCE: BE 0412.570.395
Summary

CHINOH has been active since 1972 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of -€21,888. Equity remains stable across the filed financial years (±0.8% per year). Its solvency ranks better than 53% of 9,597 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Activity
Wholesale of other household goods
NACE 46499
10th oldest company in Waregem, Wholesale and retail trade sector2 sites
Size
€3.1mtotal assets 2025
Staff
8.1 FTE
Equity
€1.4m
Loss
-€21,888
Turnover not published (abbreviated format)
Financial health
81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Accounts 52 days early0 of 6 deeds read
Why 81raises riskLiquidity: current ratio 2.36, cash €48,480Size: 8.1 FTE, total assets €3.1mLoss of €21,888, the second in a row (financial year 2025)lowers riskFounded in 1972Show the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 40% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Average
Solvency 71+1
equity 45.7% of total assets
Liquidity 44+1
short-term debt 22.3% · cash 1.6%
Profitability 31+21
return on assets -0.7%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,875 companies, NACE 46, micro)
Last 24 months 11-2024: 0.4%lowest value 12-2024: 0.4%● unchanged vs 11-2024lowest value 01-2025: 0.4%● unchanged vs 12-2024lowest value 02-2025: 0.4%● unchanged vs 01-2025lowest value 03-2025: 0.4%● unchanged vs 02-2025lowest value 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.2 percentage points vs 06-2025 08-2025: 0.8%▲ +0.2 percentage points vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.9%▲ +0.1 percentage points vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026highest value 07-2026: 0.5%▼ -0.4 percentage points vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.36, compared with 2.19 in 2024, above the usual 1.5; short-term debt: 22.3% and cash: 1.6% of total assets), but 54.3% of the assets are financed with debt and provisions.
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 46, micro): better than 54% on solvency, 42% on liquidity, 26% on profitability and 36% on growth.

The bankruptcy probability was computed on 12-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 2.36, cash €48,480
NBB · annual accounts
lowers risk · Founded in 1972
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: 8.1 FTE, total assets €3.1m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €21,888, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€21,888
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 days early
2024
14 days early
2023
55 days early
2022
62 days early
2021
73 days early
2020
47 days early
2019
30 days 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 48 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
13-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Weakest financial yearnet -€217,287

Key points

  • Positive: Result rose in 2025from -€217,287 to -€21,888 ▲ 89.9% View
  • Caution: Among the weakest 15% on net resultsector median €27,435 · 9,576 companies -€21,888 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€21,888 View
  • Active since 1972founded 07-09-1972 54 years View

By topic

Financials

Financial year
2025
Total assets
€3.1m
Loss
-€21,888
Solvency
45.7%
Total assets▼ 4.0%
Net result
20182025
Go to Financials

Timeline

Events
51
Since
1978
Next accounts
by 31-07-2027
  1. 06-06-2024Annual accounts filed
  2. 30-05-2023Annual accounts filed
  3. 31-12-2022Highest result from 2018 to 2025
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Wholesale of other household goodsNACE 46499
Founded
07-09-1972
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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