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 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
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.
Credit advice for your own amount and term
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
Sector 68
lower
← 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
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€46k▼ 11.7%
2024 · €52k
2023: €18k
2024: €52k
2023 → 2025
Total assets
€740k▲ 171%
2024 · €273k
2023: €260k
2024: €273k
2023 → 2025
Net result
€2k▼ 94.0%
2024 · €34k
2023: €17k
2024: €34k
2023 → 2025
Working capital
€-43k▲ 72.8%
2024 · €-160k
2023: €-216k
2024: €-160k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€18k-€52k▲ 189%€46k▼ 11.7%
Operating result€19k-€49k▲ 160%€15k▼ 70.0%
Net result€17k-€34k▲ 106%€2k▼ 94.0%
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.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€273k€740k▲
Formation expenses20€2k€0▼
Fixed assets21/28€210k€729k▲
Tangible fixed assets22/27€210k€729k▲
Land and buildings22-€670k
Plant, machinery and equipment23€50k€11k▼
Other tangible fixed assets26€160k€47k▼
Financial fixed assets28€0-
Current assets29/58€61k€11k▼
Stocks and contracts in progress3€22k€0▼
Stocks30/36€22k€0▼
Amounts receivable within one year40/41€12k€3k▼
Trade receivables40€4k€0▼
Other amounts receivable41€7k€3k▼
Cash at bank and in hand54/58€27k€8k▼
Deferred charges and accrued income490/1€731€0▼
Equity and liabilities
Total equity and liabilities10/49€273k€740k▲
Equity10/15€52k€46k▼
Contributions10/11€2k€2k=
Reserves13€50k€44k▼
Distributable reserves133€50k€44k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€221k€694k▲
Amounts payable after more than one year17-€635k
Financial debts170/4-€635k
Amounts payable within one year42/48€221k€54k▼
Current portion of amounts payable after more than one year42-€33k
Financial debts43€0€3k▲
Credit institutions430/8€0€3k▲
Trade debts44€60k€11k▼
Suppliers440/4€60k€11k▼
Taxes, remuneration and social security45€27k€6k▼
Taxes450/3€11k€6k▼
Remuneration and social security454/9€17k€0▼
Other amounts payable47/48€133k€2k▼
Accrued charges and deferred income492/3€274€5k▲
Income statement
Code20242025
Non-recurring operating income76A-€25k
Remuneration, social security and pensions62€181k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€20k▼
Other operating charges640/8€529€24k▲
Gross operating margin9900€267k€59k▼
Operating profit (loss)9901€49k€15k▼
Financial income75/76B€848€660▼
Recurring financial income75€848€660▼
Financial charges65/66B€10k€13k▲
Recurring financial charges65€10k€13k▲
Profit (loss) for the period before taxes9903€40k€3k▼
Income taxes67/77€6k€510▼
Profit (loss) for the period9904€34k€2k▼
Profit (loss) for the period to be appropriated9905€34k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€2k▼
Transfer from equity791/2-€6k
Transfer to equity691/2€34k€0▼
To other reserves6921€34k€0▼
Profit to be distributed694/7-€8k
Return on contributions (dividend)694-€8k
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
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.
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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gentsesteenweg(Kor) 298500 KortrijkGround 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
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
TREDECIM
BE 0475.663.551
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Meat Estate
BE 0787.498.854
Kinrooi · Eq €46,037
J.P.
BE 0421.067.793
Brussel · Eq €45,716
COMA
BE 0420.889.829
Liège · Eq €45,694
IMM'HOOPER
BE 0729.833.839
Charleroi · Eq €45,635
Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 3,006 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
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
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.