CHIPTUNING PLUS
ActiveSummary
The computed 12-month bankruptcy probability of CHIPTUNING PLUS is 10.6% (high). For CHIPTUNING PLUS, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €22,729 and a net result of -€12,728. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 40% of 9,537 sector peers (NACE 47, financial year 2024). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811
Size
€76,492total assets 2024
- Equity
- €22,729
- Loss
- -€12,728
Turnover not published (abbreviated format)
Financial health
- Bankruptcy probabilitywithin 12 months
- 10.6%
2024 figures too old to score
Structure
2025 accounts not filed, 270 days past the deadline3 deeds in the Belgian Official Gazette
Signalsraises riskFigures for financial year 2024 (filed 14-04-2025)1 financial year not filed after the legal deadline; last filed accounts filed 68 days late; 1 of the last 3 lateNo registered site in the KBOAnnual accounts not filed2024 accounts filed 67 days latelowers riskFounded in 2009Show the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Bankruptcy probability: High
Filing: One filing cycle is missing
Financial strength, FY 2024 · tick = 2023
Weak
Solvency
55-13
equity 29.7% of total assets
Liquidity
48-4
short-term debt 42.8% · cash 14.4%
Profitability
0-62
return on assets -16.6%
Bankruptcy probability, 12 months
10.6%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.9%
12-2024: 0.8%▼ -0.1 percentage points vs 11-2024lowest value
01-2025: 1.2%▲ +0.4 percentage points vs 12-2024
02-2025: 1.8%▲ +0.6 percentage points vs 01-2025
03-2025: 1.9%▲ +0.1 percentage points vs 02-2025
04-2025: 2.7%▲ +0.8 percentage points vs 03-2025
05-2025: 2.1%▼ -0.6 percentage points vs 04-2025
06-2025: 2.1%● unchanged vs 05-2025
07-2025: 2.0%▼ -0.1 percentage points vs 06-2025
08-2025: 2.0%● unchanged vs 07-2025
09-2025: 2.0%● unchanged vs 08-2025
10-2025: 2.0%● unchanged vs 09-2025
11-2025: 1.9%▼ -0.1 percentage points vs 10-2025
12-2025: 1.9%● unchanged vs 11-2025
01-2026: 2.1%▲ +0.2 percentage points vs 12-2025
02-2026: 3.1%▲ +1.0 percentage point vs 01-2026
03-2026: 3.3%▲ +0.2 percentage points vs 02-2026
04-2026: 4.2%▲ +0.9 percentage points vs 03-2026
05-2026: 4.5%▲ +0.3 percentage points vs 04-2026
06-2026: 6.0%▲ +1.5 percentage points vs 05-2026
07-2026: 11.0%▲ +5.0 percentage points vs 06-2026
08-2026: 11.0%● unchanged vs 07-2026
09-2026: 11.4%▲ +0.4 percentage points vs 08-2026highest value
10-2026: 10.6%▼ -0.8 percentage points vs 09-2026
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Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 270 days later.
NBB · 10 filingsPosition against the passed deadline
30-06-2025 year end31-01-2026 deadline28-10-2026 today
raises risk · 2024 accounts filed 67 days late
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 08-04-2025, 67 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
67 days late
2023
26 days late
2022
4 days early
2021
on the day
2020
2 days early
2019
on the day
← 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 15 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · abbreviated…
- Weakest financial yearnet -€12,728
- Annual accounts filedfinancial year 2023 · abbreviated…
Financials · financial year 2024, abbreviated format
2025 annual accounts not yet filed, deadline passed on 31 January 2026 Financial year closed on 30 June 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 28 October 2026.
Equity
€22,729▼ 35.9%
2023 · €35,457
Total assets
€76,492▼ 6.7%
2023 · €82,015
Net result
-€12,728▼ 194%
2023 · -€4,329
Working capital
€26,609▼ 22.5%
2023 · €34,321
Trend over the years
2020 to 2024, 5 financial years 2019 to 2024, 6 financial years
The operating result stays negative: a loss of €12,410 in 2024 against €4,166 in 2023; the loss grows and 2024 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€12,410
2024
Net result-€12,728
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€76,492
2024
Equity€22,729
2024
Debt€53,763
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€26,609
2024
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-16.6%
2024
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency29.7%
2024
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.81
2024
Average staff in full-time equivalents (FTE).
Staff (FTE)0.8
2021
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: 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), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line201920202021202220232024
Operating result€12,410-€19,304▲ 55.6%€32,063▲ 66.1%€5,098▼ 84.1%-€4,166-€12,410▼ 198%
Net result€12,354-€18,925within the sector's middle half▲ 53.2%€32,094within the sector's middle half▲ 69.6%€4,487within the sector's middle half▼ 86.0%-€4,329below the sector's middle half-€12,728below the sector's middle half▼ 194%
Equity-€15,720-€3,205below the sector's middle half€35,299below the sector's middle half▲ 11×€39,786below the sector's middle half▲ 12.7%€35,457below the sector's middle half▼ 10.9%€22,729below the sector's middle half▼ 35.9%
Total assets€132,403-€118,455below the sector's middle half▼ 10.5%€139,474below the sector's middle half▲ 17.7%€120,612below the sector's middle half▼ 13.5%€82,015below the sector's middle half▼ 32.0%€76,492below the sector's middle half▼ 6.7%
Debt€148,123-€115,251▼ 22.2%€104,175▼ 9.6%€80,826▼ 22.4%€46,558▼ 42.4%€53,763▲ 15.5%
Working capital€6,059-€18,505within the sector's middle half▲ 205%€19,286within the sector's middle half▲ 4.2%€33,210within the sector's middle half▲ 72.2%€34,321within the sector's middle half▲ 3.3%€26,609within the sector's middle half▼ 22.5%
Solvency-11.9%-2.7%below the sector's middle half▲ 14.6pp25.3%within the sector's middle half▲ 22.6pp33.0%within the sector's middle half▲ 7.7pp43.2%within the sector's middle half▲ 10.2pp29.7%within the sector's middle half▼ 13.5pp
Current ratio1.06-1.21within the sector's middle half▲ 0.151.23within the sector's middle half▲ 0.021.56within the sector's middle half▲ 0.322.34within the sector's middle half▲ 0.791.81within the sector's middle half▼ 0.53
Return on assets (ROA)9.3%-16.0%above the sector's middle half▲ 6.6pp23.0%above the sector's middle half▲ 7.0pp3.7%within the sector's middle half▼ 19.3pp-5.3%below the sector's middle half▼ 9.0pp-16.6%below the sector's middle half▼ 11.4pp
Staff (FTE)0.8-0.8below the sector's middle half=0.8below the sector's middle half=
above
within
below
the middle half of NACE 47, Retail trade: 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.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €76,492
Fixed assets
€17,120 ▼ 22.7%
Current assets
€59,372 ▼ 0.8%
Equity and liabilities €76,492
Equity
€22,729 ▼ 35.9%
Debt
€53,763 ▲ 15.5%
Debt's share of the balance-sheet total rises from 56.8% to 70.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€7,394▼
2023 · €1,274
Cash flow
-€7,712▼
2023 · €1,111
Debt to equity
2.37▲
2023 · 1.31
ROE
-56.0%▼
2023 · -12.2%
Interest coverage
-23.23▼
2023 · 7.27
Debt ≤ 1 year
€32,763▲
2023 · €25,558
Debt > 1 year
€21,000=
2023 · €21,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €33,753 | €2,237 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,913 | €6,521 | €8,244 | €9,437 | €5,440 | €5,016 | ▼ 7.8% |
| Other operating charges640/8 | - | - | - | €676 | €1,932 | €778 | ▼ 59.8% |
| Gross operating margin9900 | €67,718 | €63,894 | €79,864 | €48,963 | €5,443 | -€6,617 | - |
| Operating profit (loss)9901 | €12,410 | €19,304 | €32,063 | €5,098 | -€4,166 | -€12,410 | ▼ 198% |
| Financial income75/76B | - | - | - | €86 | €13 | - | - |
| Recurring financial income75 | €170 | €482 | €111 | €86 | €13 | - | - |
| Financial charges65/66B | - | - | - | €697 | €175 | €318 | ▲ 81.7% |
| Recurring financial charges65 | €226 | €861 | €80 | €697 | €175 | €318 | ▲ 81.7% |
| Profit (loss) for the period before taxes9903 | €12,354 | €18,925 | €32,094 | €4,487 | -€4,329 | -€12,728 | ▼ 194% |
| Profit (loss) for the period9904 | €12,354 | €18,925 | €32,094 | €4,487 | -€4,329 | -€12,728 | ▼ 194% |
| Profit (loss) for the period to be appropriated9905 | €12,354 | €18,925 | €32,094 | €4,487 | -€4,329 | -€12,728 | ▼ 194% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €132,403 | €118,455 | €139,474 | €120,612 | €82,015 | €76,492 | ▼ 6.7% |
| Fixed assets21/28 | €18,221 | €11,700 | €37,013 | €27,576 | €22,136 | €17,120 | ▼ 22.7% |
| Intangible fixed assets21 | €13,154 | €7,994 | €10,045 | €2,991 | €1,733 | - | - |
| Tangible fixed assets22/27 | €3,717 | €2,356 | €25,618 | €23,235 | €19,053 | €15,770 | ▼ 17.2% |
| Land and buildings22 | - | - | - | €20,484 | €17,078 | €14,571 | ▼ 14.7% |
| Other tangible fixed assets26 | - | - | - | €2,751 | €1,975 | €1,199 | ▼ 39.3% |
| Financial fixed assets28 | €1,350 | €1,350 | €1,350 | €1,350 | €1,350 | €1,350 | = |
| Current assets29/58 | €114,182 | €106,756 | €102,461 | €93,036 | €59,879 | €59,372 | ▼ 0.8% |
| Stocks and contracts in progress3 | €13,484 | €14,039 | €2,415 | - | - | - | - |
| Amounts receivable within one year40/41 | €96,457 | €77,852 | €80,829 | €71,784 | €49,846 | €48,321 | ▼ 3.1% |
| Trade receivables40 | - | - | - | €28,854 | - | €235 | - |
| Other amounts receivable41 | - | - | - | €42,931 | €49,846 | €48,086 | ▼ 3.5% |
| Cash at bank and in hand54/58 | €4,241 | €14,849 | €18,500 | €20,177 | €9,912 | €11,050 | ▲ 11.5% |
| Deferred charges and accrued income490/1 | - | - | - | €1,074 | €121 | - | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €132,403 | €118,455 | €139,474 | €120,612 | €82,015 | €76,492 | ▼ 6.7% |
| Equity10/15 | -€15,720 | €3,205 | €35,299 | €39,786 | €35,457 | €22,729 | ▼ 35.9% |
| Contributions10/11 | €13,400 | €13,400 | - | €13,400 | €13,400 | €13,400 | = |
| Reserves13 | €779 | €779 | €779 | €779 | €779 | €779 | = |
| Non-distributable reserves130/1 | - | - | - | €779 | €779 | €779 | = |
| Reserves not available under the articles1311 | - | - | - | €779 | €779 | €779 | = |
| Profit (loss) carried forward14 | -€29,900 | -€10,975 | €21,120 | €25,607 | €21,278 | €8,550 | ▼ 59.8% |
| Amounts payable17/49 | €148,123 | €115,251 | €104,175 | €80,826 | €46,558 | €53,763 | ▲ 15.5% |
| Amounts payable after more than one year17 | €40,000 | €27,000 | €21,000 | €21,000 | €21,000 | €21,000 | = |
| Financial debts170/4 | - | - | - | €21,000 | €21,000 | €21,000 | = |
| Amounts payable within one year42/48 | €108,123 | €88,251 | €83,175 | €59,826 | €25,558 | €32,763 | ▲ 28.2% |
| Trade debts44 | €22,501 | €16,854 | €19,375 | €230 | €4,656 | €11,596 | ▲ 149% |
| Suppliers440/4 | - | - | - | €230 | €4,656 | €11,596 | ▲ 149% |
| Taxes, remuneration and social security45 | - | - | - | €6,567 | - | - | - |
| Taxes450/3 | - | - | - | €1,080 | - | - | - |
| Remuneration and social security454/9 | - | - | - | €5,487 | - | - | - |
| Other amounts payable47/48 | - | - | - | €53,029 | €20,901 | €21,167 | ▲ 1.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,354 | €18,925 | €32,094 | €4,487 | -€4,329 | -€12,728 | ▼ 194% |
| + Depreciation and write-downs630 | €7,913 | €6,521 | €8,244 | €9,437 | €5,440 | €5,016 | ▼ 7.8% |
| Operating cash flow (approximation) | €20,267 | €25,446 | €40,339 | €13,924 | €1,111 | -€7,712 | - |
| Investment in fixed assets (approximation) | - | €0 | -€33,558 | €0 | €0 | €0 | - |
| Change in cash | - | €10,608 | €3,651 | €1,677 | -€10,266 | €1,139 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2024 | abbreviated format | 08-04-2025 | 2025-00069062 |
| 30-06-2023 | abbreviated format | 26-02-2024 | 2024-00037002 |
| 30-06-2022 | abbreviated format | 27-01-2023 | 2023-00019392 |
| 30-06-2021 | abbreviated format | 31-01-2022 | 2022-02800346 |
| 30-06-2020 | abbreviated format | 29-01-2021 | 2021-03100562 |
| 30-06-2019 | abbreviated format | 31-01-2020 | 2020-03100488 |
| 30-06-2018 | abbreviated format | 31-01-2019 | 2019-03100459 |
| 30-06-2017 | abbreviated format | 30-01-2018 | 2018-03200504 |
| 30-06-2016 | abbreviated format | 01-02-2017 | 2017-04000486 |
| 30-06-2015 | abbreviated format | 14-01-2016 | 2016-02100314 |
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Of the 10,462 active companies whose main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811), figures are known for 5,318. 2,845 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the directors and other office holders in the KBO →
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2025
08-04
NBB filing
Annual accounts filed
financial year 2024 · abbreviated format · 67 days late
2024
30-06
Financial
Weakest financial yearnet -€12,728
Net result drops to -€12,728, the lowest in the series.
26-02
NBB filing
Annual accounts filed
financial year 2023 · abbreviated format · 26 days late
2023
27-01
NBB filing
Annual accounts filed
financial year 2022 · abbreviated format
2022
31-01
NBB filing
Annual accounts filed
financial year 2021 · abbreviated format
2021
30-06
Financial
Highest result from 2019 to 2024net €32,094 ▲69.6%
Operating result €32,063, net result €32,094, both a record.
29-01
NBB filing
Annual accounts filed
financial year 2020 · abbreviated format
2020
31-01
NBB filing
Annual accounts filed
financial year 2019 · abbreviated format
2019
31-01
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format
2018
30-01
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format
2017
01-02
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format · 1 day late
2016
14-01
NBB filing
Annual accounts filed
financial year 2015 · abbreviated format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 15 annual accounts filed, the latest 10 are here; all 15 are under Financials.
0 of 3 deeds read
About the unread acts
We know of 3 Belgian Official 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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Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded07-07-2009
Financial year end30-06
Trade name NL
Chiptuning Benelux
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
43211General electrical installation work
43212Electrical installation work in industrial facilities
43320Joinery installation
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0816895297
Also
9925:BE0816895297
Registered
12-08-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0816.895.297
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Dilsen-Stokkem
Ground area
750 m²
Building footprint
145 m²
Building volume
986 m³
Parcel 72032B1953/00H000, Flanders · tallest building 10.3 m. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 72032B1953/00H000 | Flanders | 750 m² | 1 · 145 m² | 10.3 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.