CHIVA
ActiveSummary
CHIVA has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €72,225 and a net result of €14,487. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 75% of 4630 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability88▼-1
Solvency100▲+36
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 4.05 against 1.54 in 2023; short-term debt: 22.6% and cash: 76.5% of total assets), and 22.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-07-2025, 14 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
14 d early
2023
22 d early
2022
20 d early
2021
33 d early
2020
26 d 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 19 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€14,487▼ 51.5%
2023 · €29,843
Working capital
€64,405▲ 4.7%
2023 · €61,519
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
Line20202021202220232024
Operating result€54,682▲ 5.5%€60,047▲ 9.8%€54,687▼ 8.9%€39,472▼ 27.8%€20,091▼ 49.1%
Net result€43,432within the sector's middle half▲ 5.7%€47,721within the sector's middle half▲ 9.9%€42,445within the sector's middle half▼ 11.1%€29,843within the sector's middle half▼ 29.7%€14,487within the sector's middle half▼ 51.5%
Equity€89,129within the sector's middle half▲ 91.7%€148,450within the sector's middle half▲ 66.6%€147,895within the sector's middle half▼ 0.4%€71,738below the sector's middle half▼ 51.5%€72,225below the sector's middle half▲ 0.7%
Total assets€96,971below the sector's middle half▲ 68.7%€157,753below the sector's middle half▲ 62.7%€181,049below the sector's middle half▲ 14.8%€186,292below the sector's middle half▲ 2.9%€93,373below the sector's middle half▼ 49.9%
Debt€7,842▼ 28.5%€9,303▲ 18.6%€33,154▲ 256%€114,554▲ 246%€21,148▼ 81.5%
Working capital€89,129within the sector's middle half▲ 91.7%€148,450within the sector's middle half▲ 66.6%€135,278within the sector's middle half▼ 8.9%€61,519within the sector's middle half▼ 54.5%€64,405within the sector's middle half▲ 4.7%
Solvency91.9%above the sector's middle half▲ 11.0pp94.1%above the sector's middle half▲ 2.2pp81.7%above the sector's middle half▼ 12.4pp38.5%within the sector's middle half▼ 43.2pp77.4%above the sector's middle half▲ 38.8pp
Current ratio12.37above the sector's middle half▲ 7.1316.96above the sector's middle half▲ 4.595.08above the sector's middle half▼ 11.881.54within the sector's middle half▼ 3.544.05above the sector's middle half▲ 2.51
Return on assets (ROA)44.8%above the sector's middle half▼ 26.7pp30.3%above the sector's middle half▼ 14.5pp23.4%above the sector's middle half▼ 6.8pp16.0%above the sector's middle half▼ 7.4pp15.5%above the sector's middle half▼ 0.5pp
Staff (FTE)0.8below the sector's middle half1within the sector's middle half▲ 25.0%
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 49% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €93,373
Fixed assets
€7,821 ▼ 23.5%
Current assets
€85,553 ▼ 51.4%
Equity and liabilities €93,373
Equity
€72,225 ▲ 0.7%
Debt
€21,148 ▼ 81.5%
Debt's share of the balance-sheet total falls from 61.5% to 22.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€22,489▼
2023 · €41,870
Cash flow
€16,886▼
2023 · €32,241
Debt to equity
0.29▼
2023 · 1.60
ROE
20.1%▼
2023 · 41.6%
Interest coverage
29.00▼
2023 · 41.28
Debt ≤ 1 year
€21,148▼
2023 · €114,554
Income taxes
€4,962▼
2023 · €8,615
Staff costs
€5,283▲
2023 · €2,393
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 0.7% 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €2,393 | €5,283 | ▲ 121% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €874 | €2,398 | €2,398 | = |
| Other operating charges640/8 | - | €348 | €867 | €1,140 | €1,181 | ▲ 3.6% |
| Gross operating margin9900 | €55,030 | €60,394 | €56,428 | €45,403 | €28,953 | ▼ 36.2% |
| Operating profit (loss)9901 | €54,682 | €60,047 | €54,687 | €39,472 | €20,091 | ▼ 49.1% |
| Financial income75/76B | - | - | €160 | €0 | €134 | ▲ 446,567% |
| Recurring financial income75 | - | - | €160 | €0 | €134 | ▲ 446,567% |
| Financial charges65/66B | - | €137 | €712 | €1,014 | €775 | ▼ 23.6% |
| Recurring financial charges65 | €97 | €137 | €712 | €1,014 | €775 | ▼ 23.6% |
| Profit (loss) for the period before taxes9903 | €54,585 | €59,910 | €54,135 | €38,458 | €19,450 | ▼ 49.4% |
| Income taxes67/77 | €11,153 | €12,189 | €11,689 | €8,615 | €4,962 | ▼ 42.4% |
| Profit (loss) for the period9904 | €43,432 | €47,721 | €42,445 | €29,843 | €14,487 | ▼ 51.5% |
| Profit (loss) for the period to be appropriated9905 | €43,432 | €47,721 | €42,445 | €29,843 | €14,487 | ▼ 51.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €96,971 | €157,753 | €181,049 | €186,292 | €93,373 | ▼ 49.9% |
| Fixed assets21/28 | - | - | €12,617 | €10,219 | €7,821 | ▼ 23.5% |
| Tangible fixed assets22/27 | - | - | €11,117 | €8,719 | €6,321 | ▼ 27.5% |
| Furniture and vehicles24 | - | - | €11,117 | €8,719 | €6,321 | ▼ 27.5% |
| Financial fixed assets28 | - | - | €1,500 | €1,500 | €1,500 | = |
| Current assets29/58 | €96,971 | €157,753 | €168,433 | €176,073 | €85,553 | ▼ 51.4% |
| Amounts receivable within one year40/41 | €20,197 | €811 | €103,252 | €102,936 | €4,000 | ▼ 96.1% |
| Trade receivables40 | - | - | €100,551 | €100,551 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €811 | €2,701 | €2,385 | €4,000 | ▲ 67.7% |
| Cash at bank and in hand54/58 | €76,774 | €156,941 | €63,476 | €69,781 | €71,431 | ▲ 2.4% |
| Deferred charges and accrued income490/1 | - | - | €1,704 | €3,356 | €10,122 | ▲ 202% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €96,971 | €157,753 | €181,049 | €186,292 | €93,373 | ▼ 49.9% |
| Equity10/15 | €89,129 | €148,450 | €147,895 | €71,738 | €72,225 | ▲ 0.7% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €81,860 | €126,860 | €129,295 | €53,138 | €53,625 | ▲ 0.9% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | €125,000 | €127,435 | €53,138 | €53,625 | ▲ 0.9% |
| Profit (loss) carried forward14 | €1,069 | €2,990 | - | €0 | €0 | - |
| Amounts payable17/49 | €7,842 | €9,303 | €33,154 | €114,554 | €21,148 | ▼ 81.5% |
| Amounts payable within one year42/48 | €7,842 | €9,303 | €33,154 | €114,554 | €21,148 | ▼ 81.5% |
| Trade debts44 | €312 | €485 | €387 | €1,112 | €139 | ▼ 87.5% |
| Suppliers440/4 | - | €485 | €387 | €1,112 | €139 | ▼ 87.5% |
| Taxes, remuneration and social security45 | - | €7,629 | €22,767 | €7,361 | €3,243 | ▼ 55.9% |
| Taxes450/3 | - | €4,029 | €19,167 | €2,489 | €3,243 | ▲ 30.3% |
| Remuneration and social security454/9 | - | €3,600 | €3,600 | €4,873 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €1,189 | €10,000 | €106,081 | €17,766 | ▼ 83.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €43,432 | €47,721 | €42,445 | €29,843 | €14,487 | ▼ 51.5% |
| + Depreciation and write-downs630 | - | - | €874 | €2,398 | €2,398 | = |
| Operating cash flow (approximation) | €43,432 | €47,721 | €43,319 | €32,241 | €16,886 | ▼ 47.6% |
| Investment in fixed assets (approximation) | - | - | - | €0 | €0 | - |
| Change in cash | - | €80,167 | -€93,465 | €6,305 | €1,650 | ▼ 73.8% |
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
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €14,487 ▼51.5%
Net result drops to €14,487, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 4.05
Current ratio from 1.54 to 4.05; short-term debt falls from €114,554 to €21,148.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2019net €47,721 ▲9.9%
Operating result €60,047, net result €47,721, both a record.
31-12
Financial
Equity above €100,000Eq €148,450 ▲66.6%
3 profitable years in a row build equity to €148,450.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity doublescurrent ratio 12.37
Current ratio from 5.24 to 12.37; short-term debt falls from €10,973 to €7,842.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Sint-Agatha-Berchem · 1 establishment unit since 2019
Ground area
857 m²
Building footprint
201 m²
Volume, LiDAR
1,001 m³
Parcel 21342B0075/00D004, Brussels · tallest building 11.7 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CHIVA
since 20192.285.208.548
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21342B0075/00D004 | Brussels | 857 m² | 1 · 201 m² | 11.7 m · 1 fl. |
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 82,642 companies in sector 70200 we hold annual accounts for 52,626. 39,809 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
Founded25-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
43221Plumbing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0719415544
Also
9925:BE0719415544
Registered
13-12-2022
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.