CHIQ
BankruptcySummary
The KBO register records for CHIQ the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2013 annual accounts show equity of €30k and a net result of €-17k.
Signals
1 signal.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2013, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€0
2012 · €0
2012: €0
2013: €0
2012 → 2013
Total assets
€127k=
2012 · €127k
2009: €4klowest in 5 years
2010: €65k▲ +1508% vs 2009
2011: €92k▲ +40.6% vs 2010
2012: €127k▲ +38.3% vs 2011highest in 5 years
2013: €127k● 0.0% vs 2012highest in 5 years
2009 → 2013
Net result
€-17k▼ 82.5%
2012 · €-10k
2009: €3k
2010: €29k▲ +800% vs 2009highest in 5 years
2011: €5k▼ -83.9% vs 2010
2012: €-10k▼ -304% vs 2011
2013: €-17k▼ -82.5% vs 2012lowest in 5 years
2009 → 2013
Working capital
€13k=
2012 · €13k
2009: €-925lowest in 5 years
2010: €32k▲ +3509% vs 2009highest in 5 years
2011: €25k▼ -22.2% vs 2010
2012: €13k▼ -49.0% vs 2011
2013: €13k● 0.0% vs 2012
2009 → 2013
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20092010201120122013Trend
Turnover€0€0
2012: €0
2013: €0
Equity€-210-€35k€40k▲ 13.3%€40k=€30k▼ 24.0%
2009: €-210lowest in 5 years
2010: €35k▲ +16887% vs 2009
2011: €40k▲ +13.3% vs 2010highest in 5 years
2012: €40k● 0.0% vs 2011highest in 5 years
2013: €30k▼ -24.0% vs 2012
Operating result€6k-€45k▲ 680%€8k▼ 81.5%€8k=€-20k
2009: €6k
2010: €45k▲ +680% vs 2009highest in 5 years
2011: €8k▼ -81.5% vs 2010
2012: €8k● 0.0% vs 2011
2013: €-20k▼ -334% vs 2012lowest in 5 years
Net result€3k-€29k▲ 800%€5k▼ 83.9%€-10k€-17k▼ 82.5%
2009: €3k
2010: €29k▲ +800% vs 2009highest in 5 years
2011: €5k▼ -83.9% vs 2010
2012: €-10k▼ -304% vs 2011
2013: €-17k▼ -82.5% vs 2012lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2013: a loss of €20k after €8k in 2012, the lowest result in the available series.
Balance-sheet composition
2013 in colour, 2012 as the grey bar beneath
Assets €127k
Fixed assets
€18k =
Current assets
€109k =
Equity and liabilities €127k
Equity
€30k ▼ 24.0%
Debt
€97k =
Debt's share of the balance-sheet total rises from 70.8% to 76.2%. Equity is lower.
Key figures and ratios
EBITDA
€-12k▼
2012 · €16k
Cash flow
€-10k▼
2012 · €-2k
Current ratio
1.13=
2012 · 1.13
ROE
-57.6%▼
2012 · -24.0%
ROA
-13.7%▼
2012 · -7.5%
Debt ≤ 1 year
€97k=
2012 · €97k
Income taxes
€103▼
2012 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2013 against 2012 · 32 lines
Balance sheet
Code20122013
Assets
Total assets20/58€127k€127k=
Formation expenses20€0€0=
Fixed assets21/28€18k€18k=
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€18k€18k=
Financial fixed assets28€0€0=
Current assets29/58€109k€109k=
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€104k€104k=
Current investments50/53€0€0=
Cash at bank and in hand54/58€18k€5k▼
Equity and liabilities
Total equity and liabilities10/49€127k€127k=
Equity10/15€40k€30k▼
Contributions10/11€19k€19k=
Reserves13€21k€12k▼
Profit (loss) carried forward14€15k€-8k▼
Provisions and deferred taxes16€0-
Amounts payable17/49€97k€97k=
Amounts payable after more than one year17€0-
Amounts payable within one year42/48€97k€97k=
Trade debts44€89k€89k=
Income statement
Code20122013
Turnover70€0€0=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k=
Gross operating margin9900€16k€-13k▼
Operating profit (loss)9901€8k€-20k▼
Recurring financial income75€2k€3k▲
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-9k€-17k▼
Income taxes67/77€3k€103▼
Profit (loss) for the period9904€-10k€-17k▼
Profit (loss) for the period to be appropriated9905€-10k€-17k▼
Appropriation of the result
Return on contributions (dividend)694€0€0=
Accounts by statement
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €0 | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €292 | €2k | €5k | €8k | €8k | = |
| Gross operating margin9900 | €6k | €59k | €16k | €16k | €-13k | ▼ 184% |
| Operating profit (loss)9901 | €6k | €45k | €8k | €8k | €-20k | ▼ 334% |
| Recurring financial income75 | €3 | €20 | €1k | €2k | €3k | ▲ 67.3% |
| Recurring financial charges65 | €34 | €38 | €2k | €2k | €1k | ▼ 35.2% |
| Profit (loss) for the period before taxes9903 | €6k | €46k | €7k | €-9k | €-17k | ▼ 83.4% |
| Income taxes67/77 | €2k | €17k | €3k | €3k | €103 | ▼ 96.2% |
| Profit (loss) for the period9904 | €3k | €29k | €5k | €-10k | €-17k | ▼ 82.5% |
| Profit (loss) for the period to be appropriated9905 | €3k | €29k | €5k | €-10k | €-17k | ▼ 82.5% |
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4k | €65k | €92k | €127k | €127k | = |
| Formation expenses20 | - | - | - | €0 | €0 | - |
| Fixed assets21/28 | €715 | €4k | €15k | €18k | €18k | = |
| Intangible fixed assets21 | - | - | - | €0 | €0 | - |
| Tangible fixed assets22/27 | €715 | €4k | €15k | €18k | €18k | = |
| Financial fixed assets28 | - | - | - | €0 | €0 | - |
| Current assets29/58 | €3k | €62k | €77k | €109k | €109k | = |
| Stocks and contracts in progress3 | - | - | - | €0 | €0 | - |
| Amounts receivable within one year40/41 | - | €35k | €58k | €104k | €104k | = |
| Current investments50/53 | - | - | - | €0 | €0 | - |
| Cash at bank and in hand54/58 | €3k | €26k | €18k | €18k | €5k | ▼ 70.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4k | €65k | €92k | €127k | €127k | = |
| Equity10/15 | €-210 | €35k | €40k | €40k | €30k | ▼ 24.0% |
| Contributions10/11 | €12k | €19k | €19k | €19k | €19k | = |
| Reserves13 | - | €2k | €21k | €21k | €12k | ▼ 44.8% |
| Profit (loss) carried forward14 | €-13k | €15k | €-13k | €15k | €-8k | ▼ 151% |
| Provisions and deferred taxes16 | - | - | - | €0 | - | - |
| Amounts payable17/49 | €4k | €30k | €52k | €97k | €97k | = |
| Amounts payable after more than one year17 | - | - | - | €0 | - | - |
| Amounts payable within one year42/48 | €4k | €30k | €52k | €97k | €97k | = |
| Trade debts44 | - | €14k | €32k | €89k | €89k | = |
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €29k | €5k | €-10k | €-17k | ▼ 82.5% |
| + Depreciation and write-downs630 | €292 | €2k | €5k | €8k | €8k | = |
| Operating cash flow (approximation) | €4k | €31k | €10k | €-2k | €-10k | ▼ 401% |
| Investment in fixed assets (approximation) | - | €-5k | €-17k | €-10k | €-8k | ▲ 24.3% |
| Change in cash | - | €23k | €-8k | €0 | €-13k | - |
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
2015
18-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 414 days late
2014
24-12
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 511 days late
2013
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series.
22-03
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 234 days late
2011
27-07
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
31-12
Financial
Highest result since 2009net €29k ▲800%
Operating result €45k, net result €29k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.04
Current ratio from 0.78 to 2.04.
15-06
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
09-06
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
2008
18-06
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema
2007
05-06
NBB filing
Annual accounts filed
fiscal year 2006 · abbreviated schema
2006
08-06
NBB filing
Annual accounts filed
fiscal year 2005 · abbreviated schema
2005
29-06
NBB filing
Annual accounts filed
fiscal year 2004 · abbreviated schema
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, Gent · 1 establishment unit since 1997
Ground area
1.9 ha
Building footprint
8,006 m²
Parcel 44032A0472/00R003, Flanders. Linked by address, not a title deed.
46
companies at this address
See who is registered here
1 establishment unit
CHIQ
since 19972.083.012.642
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44032A0472/00R003 | Flanders | 1.9 ha | 1 · 8,006 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded13-08-1997
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.