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CHIVINA

Active
Private limited company (pre-2019)founded 201015 years activeRoute du Condroz 38B, 4100 Seraing, BelgiumKBO/BCE: BE 0831.423.523
Summary

The computed 12-month bankruptcy probability of CHIVINA is 3.1% (moderate). The 2024 annual accounts show equity of €203,732 and a net result of €25,298. Equity is growing by ~46.1% per year across the filed fiscal years. Its solvency ranks better than 53% of 1,765 sector peers (NACE 56, fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Full-service restaurants
NACE 56111
#7 company by total assets in Seraing, Accommodation and food service sector1 site
Size
€767,205total assets 2024
Staff
2.2 FTE
Equity
€203,732
Profit
€25,298
Financial health
50 Fair Checked score 2024
Bankruptcy probability, 12 months
3.1%
Structure
Holdings
1
Accounts 68 days overdue0 of 3 deeds read
Why 50- Figures for FY 2024 (filed 15-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 74 days late; 3 of the last 3 late- Sector Food and beverage service activities (NACE 56)+ Founded in 2010Show the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 40% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Weak
Solvency 52+3
equity 26.6% of total assets
Liquidity 24+4
short-term debt 58.7% · cash 3.8%
Profitability 49+4
return on assets 3.3%
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,693 companies)
Last 24 months 11-2024: 3.3% 12-2024: 4.0%▲ +0.7 percentage points vs 11-2024highest value 01-2025: 2.1%▼ -1.9 percentage points vs 12-2024 02-2025: 2.1%● unchanged vs 01-2025 03-2025: 2.1%● unchanged vs 02-2025 04-2025: 2.1%● unchanged vs 03-2025 05-2025: 2.1%● unchanged vs 04-2025 06-2025: 2.2%▲ +0.1 percentage points vs 05-2025 07-2025: 2.4%▲ +0.2 percentage points vs 06-2025 08-2025: 2.8%▲ +0.4 percentage points vs 07-2025 09-2025: 3.2%▲ +0.4 percentage points vs 08-2025 10-2025: 3.8%▲ +0.6 percentage points vs 09-2025 11-2025: 1.5%▼ -2.3 percentage points vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.4%▼ -0.1 percentage points vs 12-2025 02-2026: 1.5%▲ +0.1 percentage points vs 01-2026 03-2026: 1.3%▼ -0.2 percentage points vs 02-2026 04-2026: 1.3%● unchanged vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026lowest value 06-2026: 1.4%▲ +0.1 percentage points vs 05-2026 07-2026: 1.5%▲ +0.1 percentage points vs 06-2026 08-2026: 2.2%▲ +0.7 percentage points vs 07-2026 09-2026: 2.6%▲ +0.4 percentage points vs 08-2026 10-2026: 3.1%▲ +0.5 percentage points vs 09-2026
Credit up to €10,000 at 30 days acceptable
Liquidity short (current ratio 0.5 against 0.42 in 2023; short-term debt: 58.7% and cash: 3.8% of total assets), and 73.4% 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 56, micro): better than 47% on solvency, 20% on liquidity, 35% on profitability and 60% on growth.

The bankruptcy probability was computed on 06-10-2026 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○neutral
raises risk · Figures for FY 2024 (filed 15-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 74 days late; 3 of the last 3 late
NBB · filings
lowers risk · Founded in 2010
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Sector Food and beverage service activities (NACE 56)
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
74 days late
2023
128 days late
2022
133 days late
2021
96 days late
2020
30 days late
2019
91 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 92 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · full…
  2. Equity above €200,000Eq €203,732 ▲13.6%
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Positive: Company by total assets in Seraing, Accommodation and…in the Checked rankings #7 View
  • Positive: 7 profitable years in a rowprofit 2024: €25,298 7 years View

By topic

Financials

Fiscal year
2024
Total assets
€767,205
Profit
€25,298
Solvency
26.6%
Total assets▲ 2.3%
Net result
20182024
Go to Financials

Timeline

Events
15
Since
2016
  1. 11-12-2023Annual accounts filed
  2. 31-12-2022Equity above €150,000
  3. 04-11-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Full-service restaurantsNACE 56111
Founded
26-11-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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