CHORUS SERVICES
ActiveCHORUS SERVICES has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-557k) and a net result of €-5.71M. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 5% of 8592 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency67▼-33
Growth32=
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 3.66 against 2.13 in 2024), but equity is negative.
Credit advice for your own amount and term
Signals
Seven 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
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 2025Solvency, return and age of the figures
Solvency
-61.7%
Return on assets
-632.8%
Age of the figures
19 mo
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year -€557k
neutral · Filed after the deadline
The financial year that closed on 31-01-2025 was due by 31-08-2025 and was filed on 30-09-2025, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2026
not confirmed
2025
30 d late
2024
25 d late
2023
14 d late
2022
23 d late
2021
30 d late
2020
39 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-5.71M▼ 10,761%
2024 · €-53k
2021: €-5k
2022: €35k
2023: €12k
2024: €-53k
2021 → 2025
Working capital
€630k▲ 220%
2024 · €197k
2021: €72k
2022: €-95k
2023: €236k
2024: €197k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5.16M-€5.19M▲ 0.7%€5.21M▲ 0.2%€5.15M▼ 1.0%€-557k
Operating result€37k-€92k▲ 146%€52k▼ 43.2%€48k▼ 8.7%€-53k
Net result€-5k-€35k€12k▼ 65.1%€-53k€-5.71M▼ 10,761%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €53k after €48k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €902k
Fixed assets
€35k▼ 99.4%
Current assets
€867k▲ 133%
Key figures and ratios
EBITDA
€-50k▼
2024 · €52k
Cash flow
€-5.71M▼
2024 · €-48k
Solvency
-61.7%▼
2024 · 79.0%
Current ratio
3.66▲
2024 · 2.13
Quick ratio
3.66▲
2024 · 2.13
Debt / equity
-2.62▼
2024 · 0.27
ROA
-632.8%▼
2024 · -0.8%
Interest coverage
-1.80▼
2024 · 1.76
Debt
€1.46M▲
2024 · €1.37M
Debt ≤ 1 year
€237k▲
2024 · €174k
Debt > 1 year
€885k▲
2024 · €876k
Income taxes
€361▼
2024 · €10k
Staff costs
€55k▼
2024 · €58k
A ratio outside any meaningful range has been withheld (balance sheet total €902k, equity €-557k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€6.52M€902k▼
Fixed assets21/28€6.15M€35k▼
Tangible fixed assets22/27€35k€35k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€33k€33k▼
Financial fixed assets28€6.11M€124▼
Current assets29/58€371k€867k▲
Amounts receivable after more than one year29-€346k
Other amounts receivable291-€346k
Amounts receivable within one year40/41€298k€154k▼
Trade receivables40€2k€32k▲
Other amounts receivable41€296k€122k▼
Cash at bank and in hand54/58€72k€365k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€6.52M€902k▼
Equity10/15€5.15M€-557k▼
Contributions10/11€4.64M€4.64M=
Reserves13€514k€514k=
Non-distributable reserves130/1€30k€30k=
Reserves not available under the articles1311€30k€30k=
Distributable reserves133€485k€485k=
Profit (loss) carried forward14-€-5.71M
Amounts payable17/49€1.37M€1.46M▲
Amounts payable after more than one year17€876k€885k▲
Financial debts170/4€876k€885k▲
Amounts payable within one year42/48€174k€237k▲
Financial debts43€35k€37k▲
Credit institutions430/8€35k€37k▲
Trade debts44€2k€7k▲
Suppliers440/4€2k€7k▲
Taxes, remuneration and social security45€16k€11k▼
Taxes450/3€6k€3k▼
Remuneration and social security454/9€10k€8k▼
Other amounts payable47/48€122k€183k▲
Accrued charges and deferred income492/3€315k€337k▲
Income statement
Code20242025
Remuneration, social security and pensions62€58k€55k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€553€2k▲
Gross operating margin9900€110k€7k▼
Operating profit (loss)9901€48k€-53k▼
Financial income75/76B€4k€68k▲
Recurring financial income75€4k€4k▲
Non-recurring financial income76B-€64k
Financial charges65/66B€94k€5.72M▲
Recurring financial charges65€29k€28k▼
Non-recurring financial charges66B€64k€5.70M▲
Profit (loss) for the period before taxes9903€-43k€-5.71M▼
Income taxes67/77€10k€361▼
Profit (loss) for the period9904€-53k€-5.71M▼
Profit (loss) for the period to be appropriated9905€-53k€-5.71M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-53k€-5.71M▼
Transfer from equity791/2€53k-
Social balance
Average headcount (FTE)9087-0.5
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 30 days late
31-01
Financial
Weakest financial yearnet €-5.71M
Net result drops to €-5.71M, the lowest in the series.
2024
18-12
State Gazette act
General meeting · Share issue
Bank account
25-11
State Gazette act
General meeting · Capital increase
Bank account · Capital
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 25 days late
29-08
State Gazette act
General meeting · Capital increase
Capital · Statutes amendment
2023
14-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 14 days late
31-01
Financial
Liquidity times 6current ratio 2.87
Current ratio from 0.45 to 2.87; short-term debt falls from €174k to €126k.
2022
23-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 23 days late
12-08
State Gazette act
General meeting · Capital increase
Share issue · Capital
31-01
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 39 days late
09-07
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Ukkel · 1 establishment unit since 2019
Ground area
271 m²
Building footprint
113 m²
Volume, LiDAR
1,287 m³
Parcel 21612C0001/00Z039, Brussels · tallest building 14.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
CHORUS SERVICES
since 20192.293.817.297
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0001/00Z039 | Brussels | 271 m² | 1 · 113 m² | 14.4 m · 4 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.
Structure & network
Connections & network
5 connected companiesNetwork connections
Shared director
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Shared director
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Shared director
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Ownership & control
1 partyCHORUS SERVICESBE 0733.619.314
controls
Where this company holds controlthis company sits on their board1
21 locations
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Of 82,241 companies in sector 70200 we hold annual accounts for 52,386. 10,965 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-09-2019
Fiscal year end31-01
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.