Financials
- Fiscal year
- 2024
- Total assets
- €240,404
- Profit
- €4,120
- Solvency
- 55.3%
Turnover▲ 14.8%
Net result
20182020
CHIRO CONSTRUCT
ActiveSummary
CHIRO CONSTRUCT has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €132,828 and a net result of €4,120. Equity is growing by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 60% of 36,395 sector peers (NACE 43, fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Overview
Activity
Floor and wall tiling
NACE 43331
1 site
Size
€240,404total assets 2024
- Equity
- €132,828
- Profit
- €4,120
Turnover not published (abridged schema)
Structure
Accounts 69 days overdue0 of 8 deeds read
Why 55Capped at 59: a confirmed filing finding- Figures for FY 2024 (filed 19-11-2025)- 1 financial year not filed after the legal deadline; latest accounts 104 days late; 3 of the last 3 late+ Founded in 2002+ Liquidity: current ratio 2.15, cash €34,899, halvedShow the evidence
Checked score
Score 2024
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 45% of its sector peers (NACE 43, micro)
A confirmed filing finding caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Strong
Solvency
80-2
equity 55.3% of total assets
Liquidity
46-34
short-term debt 44.7% · cash 14.5%
Profitability
71-1
return on assets 1.7%
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025lowest value
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025
09-2025: 0.4%▲ +0.1 percentage points vs 08-2025
10-2025: 0.5%▲ +0.1 percentage points vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.6%▲ +0.1 percentage points vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.9%▲ +0.3 percentage points vs 07-2026
09-2026: 1.0%▲ +0.1 percentage points vs 08-2026
10-2026: 1.3%▲ +0.3 percentage points vs 09-2026highest value
Credit up to €7,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.15 against 2.21 in 2023; short-term debt: 44.7% and cash: 14.5% of total assets), and 44.7% of the assets are financed with debt.
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 43, micro): better than 60% on solvency, 37% on liquidity, 39% on profitability and 43% on growth.
The bankruptcy probability was computed on 08-10-2026 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
Five signals.
−lowers risk+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-11-2025, 104 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
104 days late
2023
31 days late
2022
32 days late
2021
22 days late
2020
144 days late
2019
101 days late
← 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 72 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet €4,120 ▼31%
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 14
- Since
- 2016
- 01-09-2023Annual accounts filed
- 22-08-2022Annual accounts filed
- 22-12-2021Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Floor and wall tilingNACE 43331
- Founded
- 16-12-2002
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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