Choclo
ActiveSummary
Choclo has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46k and a net result of €2k. Equity is growing by ~30.4% per year across the filed fiscal years. Its solvency ranks better than 28% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability42▼-42
Solvency31▼-13
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.2 against 0.28 in 2024; short-term debt: 7.4% and cash: 1.1% of total assets), and 93.8% 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
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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
6.2%
Return on assets
0.3%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-03-2026, 59 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
59 d early
2024
15 d early
2023
4 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€46k▼ 11.7%
2024 · €52k
Total assets
€740k▲ 171%
2024 · €273k
Net result
€2k▼ 94.0%
2024 · €34k
Working capital
€-43k▲ 72.8%
2024 · €-160k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€19k-€49k▲ 160%€15k▼ 70.0%
Net result€17k-€34k▲ 106%€2k▼ 94.0%
Equity€18k-€52k▲ 189%€46k▼ 11.7%
Total assets€260k-€273k▲ 5.1%€740k▲ 171%
Debt€242k-€221k▼ 8.6%€694k▲ 213%
Working capital€-216k-€-160k▲ 26.0%€-43k▲ 72.8%
Staff (FTE)6-3.6▼ 40.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 70% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €740k
Fixed assets
€729k ▲ 247%
Current assets
€11k ▼ 82.0%
Equity and liabilities €740k
Equity
€46k ▼ 11.7%
Debt
€694k ▲ 213%
Debt's share of the balance-sheet total rises from 81.0% to 93.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€35k▼
2024 · €85k
Cash flow
€22k▼
2024 · €70k
Current ratio
0.20▼
2024 · 0.28
Debt to equity
15.12▲
2024 · 4.26
ROE
4.4%▼
2024 · 65.4%
ROA
0.3%▼
2024 · 12.4%
Interest coverage
2.70▼
2024 · 8.27
Debt ≤ 1 year
€54k▼
2024 · €221k
Debt > 1 year
€635k
Income taxes
€510▼
2024 · €6k
Staff costs
€0▼
2024 · €181k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €25k | - |
| Remuneration, social security and pensions62 | €131k | €181k | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22k | €36k | €20k | ▼ 45.3% |
| Other operating charges640/8 | - | €529 | €24k | ▲ 4,526% |
| Gross operating margin9900 | €172k | €267k | €59k | ▼ 77.9% |
| Operating profit (loss)9901 | €19k | €49k | €15k | ▼ 70.0% |
| Financial income75/76B | €22 | €848 | €660 | ▼ 22.2% |
| Recurring financial income75 | €22 | €848 | €660 | ▼ 22.2% |
| Financial charges65/66B | €2k | €10k | €13k | ▲ 24.1% |
| Recurring financial charges65 | €2k | €10k | €13k | ▲ 24.1% |
| Profit (loss) for the period before taxes9903 | €17k | €40k | €3k | ▼ 93.6% |
| Income taxes67/77 | - | €6k | €510 | ▼ 91.0% |
| Profit (loss) for the period9904 | €17k | €34k | €2k | ▼ 94.0% |
| Profit (loss) for the period to be appropriated9905 | €17k | €34k | €2k | ▼ 94.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €260k | €273k | €740k | ▲ 171% |
| Formation expenses20 | - | €2k | €0 | ▼ 100% |
| Fixed assets21/28 | €238k | €210k | €729k | ▲ 247% |
| Tangible fixed assets22/27 | €238k | €210k | €729k | ▲ 247% |
| Land and buildings22 | - | - | €670k | - |
| Plant, machinery and equipment23 | €61k | €50k | €11k | ▼ 77.5% |
| Other tangible fixed assets26 | €177k | €160k | €47k | ▼ 70.5% |
| Financial fixed assets28 | €330 | €0 | - | - |
| Current assets29/58 | €22k | €61k | €11k | ▼ 82.0% |
| Stocks and contracts in progress3 | €8k | €22k | €0 | ▼ 100% |
| Stocks30/36 | €8k | €22k | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €3k | €12k | €3k | ▼ 78.1% |
| Trade receivables40 | - | €4k | €0 | ▼ 100% |
| Other amounts receivable41 | €3k | €7k | €3k | ▼ 64.7% |
| Cash at bank and in hand54/58 | €11k | €27k | €8k | ▼ 68.2% |
| Deferred charges and accrued income490/1 | €739 | €731 | €0 | ▼ 100% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €260k | €273k | €740k | ▲ 171% |
| Equity10/15 | €18k | €52k | €46k | ▼ 11.7% |
| Contributions10/11 | €2k | €2k | €2k | = |
| Reserves13 | €17k | €50k | €44k | ▼ 12.0% |
| Distributable reserves133 | €17k | €50k | €44k | ▼ 12.0% |
| Profit (loss) carried forward14 | - | - | €0 | - |
| Amounts payable17/49 | €242k | €221k | €694k | ▲ 213% |
| Amounts payable after more than one year17 | - | - | €635k | - |
| Financial debts170/4 | - | - | €635k | - |
| Amounts payable within one year42/48 | €238k | €221k | €54k | ▼ 75.4% |
| Current portion of amounts payable after more than one year42 | - | - | €33k | - |
| Financial debts43 | €25k | €0 | €3k | - |
| Credit institutions430/8 | €25k | €0 | €3k | - |
| Trade debts44 | €98k | €60k | €11k | ▼ 82.4% |
| Suppliers440/4 | €98k | €60k | €11k | ▼ 82.4% |
| Taxes, remuneration and social security45 | €29k | €27k | €6k | ▼ 79.0% |
| Taxes450/3 | €9k | €11k | €6k | ▼ 45.7% |
| Remuneration and social security454/9 | €19k | €17k | €0 | ▼ 100% |
| Other amounts payable47/48 | €87k | €133k | €2k | ▼ 98.6% |
| Accrued charges and deferred income492/3 | €4k | €274 | €5k | ▲ 1,552% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €17k | €34k | €2k | ▼ 94.0% |
| + Depreciation and write-downs630 | €22k | €36k | €20k | ▼ 45.3% |
| Operating cash flow (approximation) | €39k | €70k | €22k | ▼ 68.8% |
| Investment in fixed assets (approximation) | - | €-8k | €-538k | ▼ 6,301% |
| Change in cash | - | €16k | €-18k | ▼ 216% |
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
02-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €2k ▼94%
Net result drops to €2k, the lowest in the series.
15-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2023net €34k ▲106%
Operating result €49k, net result €34k, both a record.
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Kortrijk · 1 establishment unit since 2022
Ground area
284 m²
Building footprint
159 m²
Volume, LiDAR
1,298 m³
Parcel 34353B0028/00P006, Flanders · tallest building 15.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Choclo BV
since 20222.335.449.006
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353B0028/00P006 | Flanders | 284 m² | 1 · 159 m² | 15.6 m · 2 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 12,041 companies in sector 68203 we hold annual accounts for 5,989. 3,008 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
Founded07-09-2022
Fiscal year end30-09
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.