CHOFIMMO
ActiveSummary
CHOFIMMO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €101k and a net result of €-45k. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 9716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-86
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
short-term debt: 0.3% and cash: 1.5% of total assets, and 1.4% 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
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
98.6%
Return on assets
-43.5%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2024
38 d early
2023
36 d early
2022
3 d early
2021
25 d early
2020
45 d early
2019
43 d early
2018
44 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€101k▼ 30.6%
2023 · €146k
2019: €7k
2020: €85k
2021: €130k
2022: €125k
2023: €146k
2019 → 2024
Total assets
€103k▼ 34.2%
2023 · €156k
2019: €11k
2020: €100k
2021: €159k
2022: €134k
2023: €156k
2019 → 2024
Net result
€-45k
2023 · €21k
2019: €4k
2020: €77k
2021: €45k
2022: €-5k
2023: €21k
2019 → 2024
Working capital
€97k▼ 29.8%
2023 · €138k
2019: €7k
2020: €80k
2021: €124k
2022: €120k
2023: €138k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€85k-€130k▲ 53.7%€125k▼ 4.2%€146k▲ 16.9%€101k▼ 30.6%
Operating result€78k-€57k▼ 26.9%€-5k€27k€-53k
Net result€77k-€45k▼ 41.4%€-5k€21k€-45k
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 turns negative in 2024: a loss of €53k after €27k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €103k
Fixed assets
€5k ▼ 30.9%
Current assets
€97k ▼ 34.3%
Equity and liabilities €103k
Equity
€101k ▼ 30.6%
Debt
€1k ▼ 85.4%
Debt's share of the balance-sheet total falls from 6.5% to 1.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-47k▼
2023 · €30k
Cash flow
€-39k▼
2023 · €24k
Debt to equity
0.01▼
2023 · 0.07
ROE
-44.1%▼
2023 · 14.5%
ROA
-43.5%▼
2023 · 13.5%
Interest coverage
-277.97▼
2023 · 157.31
Debt ≤ 1 year
€340▼
2023 · €10k
Income taxes
€0▼
2023 · €6k
A ratio outside any meaningful range has been withheld (balance sheet total €103k, equity €101k).
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 · 2024 against 2023 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€156k€103k▼
Fixed assets21/28€8k€5k▼
Tangible fixed assets22/27€8k€5k▼
Furniture and vehicles24€8k€5k▼
Current assets29/58€148k€97k▼
Amounts receivable within one year40/41€9k€95k▲
Other amounts receivable41€9k€95k▲
Cash at bank and in hand54/58€139k€2k▼
Deferred charges and accrued income490/1-€899
Equity and liabilities
Total equity and liabilities10/49€156k€103k▼
Equity10/15€146k€101k▼
Contributions10/11€19k€19k=
Reserves13€7k€7k=
Non-distributable reserves130/1€7k€0▼
Reserves not available under the articles1311€7k€0▼
Distributable reserves133-€7k
Profit (loss) carried forward14€120k€76k▼
Amounts payable17/49€10k€1k▼
Amounts payable within one year42/48€10k€340▼
Trade debts44€4k€255▼
Suppliers440/4€4k€255▼
Taxes, remuneration and social security45€6k€0▼
Taxes450/3€6k€0▼
Other amounts payable47/48-€85
Accrued charges and deferred income492/3-€1k
Income statement
Code20232024
Non-recurring operating income76A€551€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€6k▲
Other operating charges640/8€891€660▼
Gross operating margin9900€31k€-47k▼
Operating profit (loss)9901€27k€-53k▼
Financial income75/76B€447€9k▲
Recurring financial income75€447€9k▲
Financial charges65/66B€192€170▼
Recurring financial charges65€192€170▼
Profit (loss) for the period before taxes9903€27k€-45k▼
Income taxes67/77€6k€0▼
Profit (loss) for the period9904€21k€-45k▼
Profit (loss) for the period to be appropriated9905€21k€-45k▼
Appropriation of the result
Profit (loss) to be appropriated9906€120k€76k▼
Profit (loss) brought forward from the previous period14P€99k€120k▲
Social balance
Average headcount (FTE)9087-0.0
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
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-45k ▼312%
Net result drops to €-45k, the lowest in the series.
31-12
Financial
Liquidity times 19current ratio 285.34
Current ratio from 14.66 to 285.34; short-term debt falls from €10k to €340.
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Liquidity triplescurrent ratio 13.16
Current ratio from 5.23 to 13.16; short-term debt falls from €29k to €10k.
2021
06-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Equity above €100kEq €130k ▲53.7%
3 profitable years in a row build equity to €130k.
2020
16-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Highest result since 2019net €77k ▲1743%
Operating result €78k, net result €77k, both a record.
31-03
Financial
Liquidity triplescurrent ratio 7.25
Current ratio from 2.65 to 7.25.
Show earlier events
2019
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
17-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
11-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
19-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Wemmel · 1 establishment unit since 2006
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.
Dr. H. Folletlaan 2001780 WemmelGround area
532 m²
Building footprint
320 m²
Volume, LiDAR
3,533 m³
2 parcels, Flanders · tallest building 16.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
CHOFIMMO
since 20062.153.761.175
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0010/00F006 | Flanders | 335 m² | 1 · 233 m² | 16.3 m · 4 fl. |
| 23095B0111/00Y009 | Flanders | 197 m² | 1 · 87 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
Thuisconstruct
BE 0675.640.236
Schelle · Eq €101,183
Y&S
BE 0788.672.158
Wervik · Eq €101,186
CN Projects
BE 0683.649.169
Houthalen-Helchteren · Eq €100,965
BARAK
BE 0751.882.632
Leuven · Eq €101,209
VAN DEN BERGE
BE 0740.558.376
Landen · Eq €100,938
Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 5,303 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
Founded18-05-2006
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68310Real estate agency activities
70200Business and other management consultancy
73110Advertising agencies
82990Other business support services
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.