CHIRA CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of CHIRA CONSTRUCT is 1.8% (moderate). The 2025 annual accounts show equity of €95,394 and a net result of €25,114. Equity is growing by ~33% per year across the filed fiscal years. Its solvency ranks better than 65% of 7586 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability75▲+6
Solvency83▲+5
Growth63▲+7
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 2.24 against 2.01 in 2024; short-term debt: 35.3% and cash: 17.3% of total assets), and 41.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
58.1%
Return on assets
15.3%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 02-02-2026, 26 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
26 d early
2024
29 d early
2023
17 d early
2022
7 d early
2021
32 d early
2020
32 d early
← 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 24 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-07-2026 close28-09-2026 today28-02-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€567,124▲ 28.7%
2024 · €440,624
EBIT margin
5.9%▲ 2.5pp
2024 · 3.4%
Net result
€25,114▲ 113%
2024 · €11,806
Working capital
€72,018▲ 13.7%
2024 · €63,322
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, 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
Line20212022202320242025
Turnover€381,252▼ 31.6%€416,391▲ 9.2%€475,762▲ 14.3%€440,624▼ 7.4%€567,124▲ 28.7%
Operating result€13,870▲ 37.4%€22,551▲ 62.6%€23,714▲ 5.2%€14,871▼ 37.3%€33,286▲ 124%
Net result€9,693within the sector's middle half▲ 26.7%€16,764within the sector's middle half▲ 72.9%€18,168within the sector's middle half▲ 8.4%€11,806within the sector's middle half▼ 35.0%€25,114within the sector's middle half▲ 113%
EBIT margin3.6%▲ 1.8pp5.4%▲ 1.8pp5.0%▼ 0.4pp3.4%▼ 1.6pp5.9%▲ 2.5pp
Equity€23,542within the sector's middle half▲ 70.0%€40,306within the sector's middle half▲ 71.2%€58,474within the sector's middle half▲ 45.1%€70,279within the sector's middle half▲ 20.2%€95,394within the sector's middle half▲ 35.7%
Total assets€105,440within the sector's middle half▲ 94.1%€107,348within the sector's middle half▲ 1.8%€128,067within the sector's middle half▲ 19.3%€132,706within the sector's middle half▲ 3.6%€164,233within the sector's middle half▲ 23.8%
Debt€81,898▲ 102%€67,042▼ 18.1%€69,593▲ 3.8%€62,426▼ 10.3%€68,839▲ 10.3%
Working capital-€15,910below the sector's middle half€6,382within the sector's middle half€38,321within the sector's middle half▲ 500%€63,322within the sector's middle half▲ 65.2%€72,018within the sector's middle half▲ 13.7%
Solvency22.3%within the sector's middle half▼ 3.2pp37.5%within the sector's middle half▲ 15.2pp45.7%within the sector's middle half▲ 8.1pp53.0%within the sector's middle half▲ 7.3pp58.1%within the sector's middle half▲ 5.1pp
Current ratio0.78below the sector's middle half▼ 0.371.10within the sector's middle half▲ 0.311.55within the sector's middle half▲ 0.462.01within the sector's middle half▲ 0.462.24within the sector's middle half▲ 0.23
Return on assets (ROA)9.2%within the sector's middle half▼ 4.9pp15.6%within the sector's middle half▲ 6.4pp14.2%within the sector's middle half▼ 1.4pp8.9%within the sector's middle half▼ 5.3pp15.3%within the sector's middle half▲ 6.4pp
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, 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
The operating result recovers in 2025; 2025 is 124% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €164,233
Fixed assets
€34,189 ▲ 391%
Current assets
€130,044 ▲ 3.4%
Equity and liabilities €164,233
Equity
€95,394 ▲ 35.7%
Debt
€68,839 ▲ 10.3%
Debt's share of the balance-sheet total falls from 47.0% to 41.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€39,410▲
2024 · €31,087
Cash flow
€31,238▲
2024 · €28,022
Debt to equity
0.72▼
2024 · 0.89
ROE
26.3%▲
2024 · 16.8%
Interest coverage
62.93▼
2024 · 86.46
Debt ≤ 1 year
€58,027▼
2024 · €62,426
Debt > 1 year
€10,813
Income taxes
€12,726▲
2024 · €7,156
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.8% 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 26,970 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €381,252 | €416,391 | €475,762 | €440,624 | €567,124 | ▲ 28.7% |
| Goods, raw materials, services and sundry goods60/61 | - | €375,645 | €433,705 | €408,369 | €525,901 | ▲ 28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,534 | €16,966 | €17,529 | €16,216 | €6,124 | ▼ 62.2% |
| Other operating charges640/8 | - | €1,229 | €814 | €1,168 | €1,814 | ▲ 55.2% |
| Gross operating margin9900 | €24,045 | €40,746 | €42,057 | €32,255 | €41,223 | ▲ 27.8% |
| Operating profit (loss)9901 | €13,870 | €22,551 | €23,714 | €14,871 | €33,286 | ▲ 124% |
| Financial income75/76B | - | €1,894 | €3,664 | €4,450 | €5,180 | ▲ 16.4% |
| Recurring financial income75 | €1,420 | €1,894 | €3,664 | €4,450 | €5,180 | ▲ 16.4% |
| Financial charges65/66B | - | €583 | €445 | €360 | €626 | ▲ 74.2% |
| Recurring financial charges65 | €579 | €583 | €445 | €360 | €626 | ▲ 74.2% |
| Profit (loss) for the period before taxes9903 | €13,281 | €23,863 | €26,933 | €18,962 | €37,840 | ▲ 99.6% |
| Income taxes67/77 | €3,588 | €7,099 | €8,765 | €7,156 | €12,726 | ▲ 77.8% |
| Profit (loss) for the period9904 | €9,693 | €16,764 | €18,168 | €11,806 | €25,114 | ▲ 113% |
| Profit (loss) for the period to be appropriated9905 | €9,693 | €16,764 | €18,168 | €11,806 | €25,114 | ▲ 113% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €105,440 | €107,348 | €128,067 | €132,706 | €164,233 | ▲ 23.8% |
| Fixed assets21/28 | €48,207 | €33,924 | €20,153 | €6,957 | €34,189 | ▲ 391% |
| Tangible fixed assets22/27 | €48,147 | €33,864 | €20,093 | €6,897 | €34,129 | ▲ 395% |
| Plant, machinery and equipment23 | - | €2,647 | €4,321 | €4,649 | €3,214 | ▼ 30.9% |
| Furniture and vehicles24 | - | €31,216 | €15,772 | €2,249 | €30,914 | ▲ 1,275% |
| Financial fixed assets28 | €60 | €60 | €60 | €60 | €60 | = |
| Current assets29/58 | €57,233 | €73,424 | €107,914 | €125,748 | €130,044 | ▲ 3.4% |
| Amounts receivable within one year40/41 | €21,827 | €62,334 | €72,251 | €93,958 | €99,134 | ▲ 5.5% |
| Trade receivables40 | - | €12,333 | €3,536 | €12,289 | €4,432 | ▼ 63.9% |
| Other amounts receivable41 | - | €50,001 | €68,715 | €81,670 | €94,702 | ▲ 16.0% |
| Cash at bank and in hand54/58 | €35,406 | €11,090 | €35,299 | €20,476 | €28,415 | ▲ 38.8% |
| Deferred charges and accrued income490/1 | - | - | €365 | €11,314 | €2,495 | ▼ 77.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €105,440 | €107,348 | €128,067 | €132,706 | €164,233 | ▲ 23.8% |
| Equity10/15 | €23,542 | €40,306 | €58,474 | €70,279 | €95,394 | ▲ 35.7% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | - | - | €10,000 | €20,000 | €30,000 | ▲ 50.0% |
| Distributable reserves133 | - | - | €10,000 | €20,000 | €30,000 | ▲ 50.0% |
| Profit (loss) carried forward14 | €17,342 | €34,106 | €42,274 | €44,079 | €59,194 | ▲ 34.3% |
| Amounts payable17/49 | €81,898 | €67,042 | €69,593 | €62,426 | €68,839 | ▲ 10.3% |
| Amounts payable after more than one year17 | €8,755 | - | - | - | €10,813 | - |
| Financial debts170/4 | - | - | - | - | €10,813 | - |
| Amounts payable within one year42/48 | €73,143 | €67,042 | €69,593 | €62,426 | €58,027 | ▼ 7.0% |
| Current portion of amounts payable after more than one year42 | - | €8,646 | €2,675 | €3,768 | €10,259 | ▲ 172% |
| Trade debts44 | €52,295 | €53,616 | €53,441 | €56,503 | €39,804 | ▼ 29.6% |
| Suppliers440/4 | - | €33,417 | €16,412 | €45,077 | €38,133 | ▼ 15.4% |
| Bills of exchange payable441 | - | €20,199 | €37,029 | €11,426 | €1,671 | ▼ 85.4% |
| Taxes, remuneration and social security45 | - | €4,780 | €13,477 | €2,156 | €7,963 | ▲ 269% |
| Taxes450/3 | - | €4,599 | - | €2,156 | €7,963 | ▲ 269% |
| Remuneration and social security454/9 | - | €182 | €13,477 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,693 | €16,764 | €18,168 | €11,806 | €25,114 | ▲ 113% |
| + Depreciation and write-downs630 | €7,534 | €16,966 | €17,529 | €16,216 | €6,124 | ▼ 62.2% |
| Operating cash flow (approximation) | €17,228 | €33,730 | €35,697 | €28,022 | €31,238 | ▲ 11.5% |
| Investment in fixed assets (approximation) | - | -€2,684 | -€3,759 | -€3,020 | -€33,355 | ▼ 1,004% |
| Change in cash | - | -€24,316 | €24,208 | -€14,823 | €7,940 | ▲ 154% |
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
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
Financial
Highest result since 2020net €25,114 ▲113%
Operating result €33,286, net result €25,114, both a record.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Braine-le-Comte · 1 establishment unit since 2018
Ground area
287 m²
Building footprint
54 m²
Parcel 55004F0806/00K007, Wallonia. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CHIRA CONSTRUCT
since 20182.281.202.250
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55004F0806/00K007 | Wallonia | 287 m² | 1 · 54 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.
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,052. 13,162 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
Founded23-10-2018
Fiscal year end31-07
Activities, NACEBEL 2025
41001General construction of residential buildings
43350Other building finishing work
43422Screed work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0712504689
Also
9925:BE0712504689
Registered
29-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.