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CHNIZE

Active
Private limited companyfounded 2019active for 7 yearsMarche, Rue du Viaduc 22, 6900 Marche-en-Famenne, BelgiumKBO/BCE: BE 0726.597.997
Summary

CHNIZE has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€26,237) and a net result of €9,377. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 11,120 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (54 days) Filed on 23 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00520867.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9,377▼ 74.5%
2024 · €36,759
Working capital
-€799,707▼ 3,097%
2024 · -€25,016
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result falls in 2025; 2025 is 52% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.03m 2025 Net result€0.009m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€0.008m--€0.02m▼ 135%-€0.03m▼ 61.2%-€0.04m▼ 36.2%-€0.07m▼ 70.2%€0.05m€0.03m▼ 51.7%
Net result-€0.009m--€0.02mwithin the sector's middle half▼ 114%-€0.03mbelow the sector's middle half▼ 55.2%-€0.05mbelow the sector's middle half▼ 54.5%-€0.08mbelow the sector's middle half▼ 75.7%€0.04mwithin the sector's middle half€0.009mwithin the sector's middle half▼ 74.5%
Equity€0.009m--€0.01mbelow the sector's middle half-€0.04mbelow the sector's middle half▼ 293%-€0.09mbelow the sector's middle half▼ 115%-€0.2mbelow the sector's middle half▼ 94.1%€0.01mbelow the sector's middle half-€0.03mbelow the sector's middle half
Total assets€0.2m-€0.5mbelow the sector's middle half▲ 192%€0.5mbelow the sector's middle half▼ 2.0%€0.8mwithin the sector's middle half▲ 47.9%€1.4mwithin the sector's middle half▲ 82.9%€1.7mwithin the sector's middle half▲ 21.6%€1.6mwithin the sector's middle half▼ 9.0%
Debt€0.2m-€0.5m▲ 213%€0.6m▲ 3.7%€0.9m▲ 52.8%€1.6m▲ 84.0%€1.7m▲ 7.7%€1.6m▼ 6.9%
Working capital-€0.07m--€0.4mbelow the sector's middle half▼ 565%€0.005mwithin the sector's middle half-€0.003mwithin the sector's middle half-€0.03mwithin the sector's middle half▼ 870%-€0.03mwithin the sector's middle half▲ 4.1%-€0.8mbelow the sector's middle half▼ 3,097%
Solvency5.1%--2.0%below the sector's middle half▼ 7.1pp-7.9%below the sector's middle half▼ 5.9pp-11.5%below the sector's middle half▼ 3.6pp-12.2%below the sector's middle half▼ 0.7pp0.6%below the sector's middle half▲ 12.8pp-1.7%below the sector's middle half▼ 2.3pp
Current ratio0.02-0.02below the sector's middle half▼ 0.011.91within the sector's middle half▲ 1.890.79within the sector's middle half▼ 1.110.46below the sector's middle half▼ 0.340.60within the sector's middle half▲ 0.140.12below the sector's middle half▼ 0.47
Return on assets (ROA)-5.1%--3.7%below the sector's middle half▲ 1.4pp-5.9%below the sector's middle half▼ 2.2pp-6.1%below the sector's middle half▼ 0.3pp-5.9%below the sector's middle half▲ 0.2pp2.1%within the sector's middle half▲ 8.0pp0.6%within the sector's middle half▼ 1.5pp
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets €1.5m ▼ 13.7%
Current assets €112,630 ▲ 203%
Equity and liabilities
Equity-€26,237
Debt€1.6m
Equity is negative: debt (€1.6m) exceeds the balance-sheet total (€1.6m).
Key figures and ratios
2025 value · change against 2024
EBITDA
€81,051▼
2024 · €111,517
Cash flow
€65,127▼
2024 · €95,865
Interest coverage
5.09▼
2024 · 6.90
Debt ≤ 1 year
€912,337▲
2024 · €62,230
Debt > 1 year
€681,404▼
2024 · €1.6m
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 457 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97.2% are still going.

  • Small
  • 5 to 10 years old
  • negative equity
  • a profit under 5% of the balance sheet
0.7% went bankrupt
2.0% stopped otherwise
97.2% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 457 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.7m€1.6m▼
Fixed assets21/28€1.7m€1.5m▼
Intangible fixed assets21€0.005m€0.003m▼
Tangible fixed assets22/27€1.7m€1.5m▼
Land and buildings22€1.6m€1.4m▼
Plant, machinery and equipment23€0.04m€0.009m▼
Furniture and vehicles24€0.002m€0.001m▼
Current assets29/58€0.04m€0.1m▲
Amounts receivable within one year40/41€0.03m€0.02m▼
Trade receivables40€0.004m€206▼
Other amounts receivable41€0.03m€0.02m▼
Cash at bank and in hand54/58€0.005m€0.09m▲
Deferred charges and accrued income490/1€0.002m€0.003m▲
Equity and liabilities
Total equity and liabilities10/49€1.7m€1.6m▼
Equity10/15€0.01m-€0.03m▼
Contributions10/11€0.02m€0.02m=
Revaluation surpluses12€0.1m€0.09m▼
Reserves13€0.003m€0.006m▲
Distributable reserves133€0.003m€0.006m▲
Profit (loss) carried forward14-€0.2m-€0.1m▲
Amounts payable17/49€1.7m€1.6m▼
Amounts payable after more than one year17€1.6m€0.7m▼
Financial debts170/4€0.8m€0.7m▼
Other amounts payable178/9€0.8m-
Amounts payable within one year42/48€0.06m€0.9m▲
Current portion of amounts payable after more than one year42€0.04m€0.04m▼
Trade debts44€0.02m€0.02m▲
Suppliers440/4€0.02m€0.02m▲
Other amounts payable47/48€0.002m€0.9m▲
Income statement Code20242025
Non-recurring operating income76A€0.06m€0.2m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.06m€0.06m▼
Other operating charges640/8€0.003m€0.007m▲
Non-recurring operating charges66A-€0.1m
Gross operating margin9900€0.1m€0.2m▲
Operating profit (loss)9901€0.05m€0.03m▼
Financial income75/76B€0.001m-
Recurring financial income75€0.001m-
Financial charges65/66B€0.02m€0.02m▼
Recurring financial charges65€0.02m€0.02m▼
Profit (loss) for the period before taxes9903€0.04m€0.009m▼
Profit (loss) for the period9904€0.04m€0.009m▼
Profit (loss) for the period to be appropriated9905€0.04m€0.009m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€0.2m-€0.1m▲
Profit (loss) brought forward from the previous period14P-€0.2m-€0.2m▲

The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Non-recurring operating income76A---€642€2,479€64,388€178,664▲ 177%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,526€20,068€29,542€37,731€61,644€59,106€55,751▼ 5.7%
Other operating charges640/8--€2,395€2,520€2,713€2,961€6,553▲ 121%
Non-recurring operating charges66A------€142,839-
Gross operating margin9900-€1,467€3,883€3,211€1,132-€2,221€114,479€230,443▲ 101%
Operating profit (loss)9901-€7,584-€17,823-€28,726-€39,119-€66,578€52,411€25,300▼ 51.7%
Financial income75/76B-----€500--
Recurring financial income75-€16---€500--
Financial charges65/66B--€2,074€8,479€17,074€16,152€15,923▼ 1.4%
Recurring financial charges65€1,694€2,035€2,074€8,479€17,074€16,152€15,923▼ 1.4%
Profit (loss) for the period before taxes9903-€9,279-€19,841-€30,800-€47,598-€83,652€36,759€9,377▼ 74.5%
Profit (loss) for the period9904-€9,279-€19,841-€30,800-€47,598-€83,652€36,759€9,377▼ 74.5%
Profit (loss) for the period to be appropriated9905-€9,279-€19,841-€30,800-€47,598-€83,652€36,759€9,377▼ 74.5%
Line2019202020212022202320242025Change
Assets
Total assets20/58€0.2m€0.5m€0.5m€0.8m€1.4m€1.7m€1.6m▼ 9.0%
Formation expenses20€0.003m€0.003m€0.002m€0.001m€0.001m---
Fixed assets21/28€0.2m€0.5m€0.5m€0.8m€1.4m€1.7m€1.5m▼ 13.7%
Intangible fixed assets21---€0.01m€0.008m€0.005m€0.003m▼ 43.9%
Tangible fixed assets22/27€0.2m€0.5m€0.5m€0.8m€1.4m€1.7m€1.5m▼ 13.6%
Land and buildings22--€0.5m€0.7m€1.4m€1.6m€1.4m▼ 12.0%
Plant, machinery and equipment23--€0.03m€0.02m€0.03m€0.04m€0.009m▼ 77.4%
Furniture and vehicles24-----€0.002m€0.001m▼ 24.8%
Current assets29/58€0.002m€0.007m€0.01m€0.01m€0.02m€0.04m€0.1m▲ 203%
Amounts receivable within one year40/41€25€123€388€0.002m€0.01m€0.03m€0.02m▼ 21.8%
Trade receivables40--€231--€0.004m€206▼ 94.3%
Other amounts receivable41--€158€0.002m€0.01m€0.03m€0.02m▼ 11.8%
Cash at bank and in hand54/58€0.001m€0.007m€0.01m€0.005m€0.007m€0.005m€0.09m▲ 1,670%
Deferred charges and accrued income490/1--€0.001m€0.003m€0.002m€0.002m€0.003m▲ 37.5%
Equity and liabilities
Total equity and liabilities10/49€0.2m€0.5m€0.5m€0.8m€1.4m€1.7m€1.6m▼ 9.0%
Equity10/15€0.009m-€0.01m-€0.04m-€0.09m-€0.2m€0.01m-€0.03m-
Contributions10/11€0.02m-€0.02m€0.02m€0.02m€0.02m€0.02m=
Revaluation surpluses12-----€0.1m€0.09m▼ 33.7%
Reserves13-----€0.003m€0.006m▲ 70.4%
Distributable reserves133-----€0.003m€0.006m▲ 70.4%
Profit (loss) carried forward14-€0.009m-€0.03m-€0.06m-€0.1m-€0.2m-€0.2m-€0.1m▲ 6.1%
Amounts payable17/49€0.2m€0.5m€0.6m€0.9m€1.6m€1.7m€1.6m▼ 6.9%
Amounts payable after more than one year17€0.1m€0.1m€0.6m€0.9m€1.5m€1.6m€0.7m▼ 58.7%
Financial debts170/4--€0.1m€0.3m€0.7m€0.8m€0.7m▼ 14.9%
Other amounts payable178/9--€0.5m€0.5m€0.8m€0.8m--
Amounts payable within one year42/48€0.07m€0.4m€0.006m€0.01m€0.05m€0.06m€0.9m▲ 1,366%
Current portion of amounts payable after more than one year42--€0.005m€0.006m€0.04m€0.04m€0.04m▼ 10.2%
Trade debts44€0.002m€0.01m€0.001m€0.007m€0.006m€0.02m€0.02m▲ 1.2%
Suppliers440/4--€0.001m€0.007m€0.006m€0.02m€0.02m▲ 1.2%
Other amounts payable47/48----€128€0.002m€0.9m▲ 36,384%
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€9,279-€19,841-€30,800-€47,598-€83,652€36,759€9,377▼ 74.5%
+ Depreciation and write-downs630€5,526€20,068€29,542€37,731€61,644€59,106€55,751▼ 5.7%
Operating cash flow (approximation)-€3,752€227-€1,257-€9,866-€22,008€95,865€65,127▼ 32.1%
Investment in fixed assets (approximation)--€366,501-€15,611-€289,848-€692,656-€350,067€174,381-
Change in cash-€5,251€3,081-€4,488€2,070-€2,492€81,044-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (7)
Financial year Type Filed Reference
31-12-2025 abbreviated format 23-09-2026 2026-00520867
31-12-2024 full format 30-07-2025 2025-00328081
31-12-2023 full format 29-07-2024 2024-00295569
31-12-2022 full format 27-07-2023 2023-00299815
31-12-2021 full format 31-08-2022 2022-20363697
31-12-2020 full format 13-08-2021 2021-48400399
31-12-2019 full format 27-08-2020 2020-45600473

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 12,030 active companies whose main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203), figures are known for 6,072. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.