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CHORON (BELGIUM)

Active
Private limited companyfounded 2018active for 8 yearsHoveniersstraat 2, 2018 Antwerpen, Belgium206 active companies are registered at this addressKBO/BCE: BE 0700.430.664
Summary

The computed 12-month bankruptcy probability of CHORON (BELGIUM) is 3.1% (moderate). The 2024 annual accounts show equity of €621,010 and a net result of €3.8m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 6,064 sector peers (NACE 46, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Wholesale of diamonds and other precious stones
NACE 46861
1 site
Size
€55.7mturnover 2024
Staff
1 FTE
Equity
€621,010
Profit
€3.8m
Financial health
50 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.1%
Structure
  • Choron Holdings PTE LtdDirector · permanent representative GANDHI Anshul
Auditor: BDO Bedrijfsrevisoren2025 accounts not filed, 89 days past the deadline4 of 9 deeds summarised
Why 50raises riskFigures for financial year 2024 (filed 25-08-2025)Liquidity: current ratio 35.67, cash €14,856, halved1 financial year not filed after the legal deadline; last filed accounts filed 22 days latelowers riskSize: turnover €55.7m, 1 FTE, total assets €56.6mShow 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 46, micro)
Financial strength · tick = 2023
Weak
Solvency 26+18
equity 1.1% of total assets
Liquidity 50+33
short-term debt 2.8% · cash 0.0%
Profitability 54+13
return on assets 6.7%
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 0.4% (26,881 companies, NACE 46, micro)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 1.0%▲ +0.1 percentage points vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.1%▲ +0.1 percentage points vs 06-2025 08-2025: 1.4%▲ +0.3 percentage points vs 07-2025 09-2025: 0.9%▼ -0.5 percentage points vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.8%▼ -0.1 percentage points vs 02-2026 04-2026: 0.9%▲ +0.1 percentage points vs 03-2026 05-2026: 0.8%▼ -0.1 percentage points vs 04-2026lowest value 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 1.3%▲ +0.5 percentage points vs 07-2026 09-2026: 1.5%▲ +0.2 percentage points vs 08-2026 10-2026: 3.1%▲ +1.6 percentage points vs 09-2026highest value
Credit of up to €30,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 35.67, compared with 1.58 in 2023, above the usual 1.5; short-term debt: 2.8% and cash: 0% of total assets), but 98.9% of the assets are financed with debt and provisions.
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 46, micro): better than 17% on solvency, 53% on liquidity, 41% on profitability and 49% on growth.

The bankruptcy probability was computed on 27-10-2026 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

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 25-08-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 35.67, cash €14,856, halved
NBB · annual accounts
lowers risk · Size: turnover €55.7m, 1 FTE, total assets €56.6m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 22 days late
NBB · filings
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 6064 sector peers (2024).
NBB · sector comparison
Position among 6064 sector peers
Solvency
better than 9%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 89 days later.
NBB · 6 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline28-10-2026 today
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-08-2025, 22 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
22 days late
2023
29 days early
2022
26 days early
2021
11 days early
2020
on the day
2019
52 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 1 day after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: BDO Bedrijfsrevisoren (statutory auditor)Permanent representative: David Lenaerts ·…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Highest result from 2019 to 2024net €3.8m ▲1,556%

Key points

  • Caution: Turnover fell in 2024from €158.3m to €55.7m ▼ 64.8% View
  • Caution: Among the weakest 9% on solvencysector median 41.9% · 6,064 companies 1.1% View
  • Caution: 2025 accounts not fileddeadline was 31-07-2026 89 days past the deadline View

By topic

Financials

Financial year
2024
Turnover
€55.7m
Profit
€3.8m
Solvency
1.1%
Turnover▼ 64.8%
Net result
20192024
Go to Financials

Timeline

Events
15
Since
2020
  1. 31-12-2024Liquidity more than 22 times
  2. 31-12-2024Equity above €500,000
  3. 02-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of diamonds and other precious stonesNACE 46861
Founded
26-07-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
15
Who signs
Each director alone
Purpose
“De vennootschap heeft tot voorwerp bewerken en doen bewerken,de handel,de in- en…” (deed in Dutch)
Go to Articles of association

Key facts about CHORON (BELGIUM)

What is the company number of CHORON (BELGIUM)?
0700.430.664. In Belgium the VAT number is the company number with BE in front: BE 0700.430.664.
Where is CHORON (BELGIUM) based?
The registered office is at Hoveniersstraat 2, 2018 Antwerpen.Company details
What does CHORON (BELGIUM) do?
According to the KBO register, the main activity is wholesale of diamonds and other precious stones (NACE 46861).
What is the legal form of CHORON (BELGIUM)?
Private limited company (BV).
When was CHORON (BELGIUM) founded?
On 26-07-2018.
Is CHORON (BELGIUM) still active?
Yes, CHORON (BELGIUM) is an active enterprise in the KBO register.
How many employees does CHORON (BELGIUM) have?
On average 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of CHORON (BELGIUM)?
€55.7m in financial year 2024, according to the filed annual accounts.
Is CHORON (BELGIUM) profitable?
In financial year 2024, CHORON (BELGIUM) made a profit of €3.8m.
Where can I find the annual accounts of CHORON (BELGIUM)?
CHORON (BELGIUM) filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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