CHOSEN
ActiveSummary
CHOSEN has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€33,325) and a net result of €786. Equity is shrinking by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 31958 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
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Signals
This company filed its last 5 accounts on average 27 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 2,180 companies that looked in July 2024 the way this one looks now, 4.8% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit of 5% of the balance sheet or more
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,180 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €866 | - | - | - | - | - |
| Other operating charges640/8 | €750 | €348 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | -€3,573 | -€28,533 | €423 | -€1,539 | €1,699 | ▲ 210% |
| Operating profit (loss)9901 | -€5,189 | -€28,881 | €39 | -€1,926 | €1,299 | ▲ 167% |
| Financial charges65/66B | €253 | €213 | €412 | €276 | €513 | ▲ 86.1% |
| Recurring financial charges65 | €253 | €213 | €412 | €276 | €513 | ▲ 86.1% |
| Profit (loss) for the period before taxes9903 | -€5,442 | -€29,094 | -€373 | -€2,202 | €786 | ▲ 136% |
| Profit (loss) for the period9904 | -€5,442 | -€29,094 | -€373 | -€2,202 | €786 | ▲ 136% |
| Profit (loss) for the period to be appropriated9905 | -€5,442 | -€29,094 | -€373 | -€2,202 | €786 | ▲ 136% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €54,361 | €18,734 | €10,241 | €13,718 | €2,091 | ▼ 84.8% |
| Current assets29/58 | €54,361 | €18,734 | €10,241 | €13,718 | €2,091 | ▼ 84.8% |
| Amounts receivable within one year40/41 | €31,251 | €17,652 | €9,850 | €9,701 | €602 | ▼ 93.8% |
| Trade receivables40 | €31,006 | €16,856 | €9,700 | €9,700 | €500 | ▼ 94.8% |
| Other amounts receivable41 | €245 | €796 | €150 | €1 | €102 | ▲ 8,029% |
| Cash at bank and in hand54/58 | €23,110 | €1,082 | €390 | €4,017 | €1,489 | ▼ 62.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €54,361 | €18,734 | €10,241 | €13,718 | €2,091 | ▼ 84.8% |
| Equity10/15 | -€2,442 | -€31,536 | -€31,909 | -€34,111 | -€33,325 | ▲ 2.3% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€5,442 | -€34,536 | -€34,909 | -€37,111 | -€36,325 | ▲ 2.1% |
| Amounts payable17/49 | €56,802 | €50,269 | €42,149 | €47,829 | €35,416 | ▼ 26.0% |
| Amounts payable within one year42/48 | €56,802 | €50,269 | €42,149 | €47,829 | €35,416 | ▼ 26.0% |
| Trade debts44 | €41,710 | €25,849 | €17,929 | €15,100 | €2,688 | ▼ 82.2% |
| Suppliers440/4 | €41,710 | €25,849 | €17,929 | €15,100 | €2,688 | ▼ 82.2% |
| Taxes, remuneration and social security45 | €3,825 | - | - | - | - | - |
| Taxes450/3 | €3,825 | - | - | - | - | - |
| Other amounts payable47/48 | €11,267 | €24,421 | €24,221 | €32,729 | €32,729 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,442 | -€29,094 | -€373 | -€2,202 | €786 | ▲ 136% |
| + Depreciation and write-downs630 | €866 | - | - | - | - | - |
| Operating cash flow (approximation) | -€4,576 | -€29,094 | -€373 | -€2,202 | €786 | ▲ 136% |
| Change in cash | - | -€22,028 | -€691 | €3,626 | -€2,528 | ▼ 170% |
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
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23002H0542/00X000 | Flanders | 10.0 ha | 1 · 168 m² | 3.0 m |
Linked by address, not proof of ownership
Similar companies · same sector and region
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.