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CHOUKRAN

Active Private limited companyfounded 1987active for 39 yearsQuai de-Gaulle 22, 4020 LiègeKBO/BCE: BE 0432.060.962
CHOUKRAN
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Overview

Lifetime

20 annual accounts with figures on one time axis, 38 filings since 1988
peak €39,166 (2009)
€3,639▲ €6,595
lowest -€30,927 (2008)
€539▲ €3,603
peak €110,069 (2022)
€4,020▲ 15.5%
€6,030▼ 94.0%
peak 0.5 FTE (2006)
-not published
Board2 names since 2020
1 directorStany Balbourg
Documentsfilings and deeds
27-07-20264 days before the deadline
2025financial year
Gross margin from -€2,956 to €3,639Back to profit: €539Resignation: Thierry Balbourg (director) 30-10Equity from €3,481 to €4,020Debts from €100,391 to €6,030Cash from €13,180 to €400

Key points

from the 2025 annual accounts

Equity

€4,020 from €110,069 in 2022

Equity fell by 96% in 3 years.

Filings

38 annual accounts since 1988
AprilJune31 JulyOctober1990200020102020

Eight of the last ten came late. The 2021 accounts came latest: 47 days after the end of the period.

Position in the sector

€4,020

Less equity than 90% of companies in head offices and management consultancy. Sector median €1.1m · 3,873 companies.

Checked score

92
Excellent
Financially stronger than 34% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,568 companies (NACE 70, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Average

65+37equity 40.0% of total assets
24+8short-term debt 60.0% · cash 4.0%
51+36return on assets 5.4%

Score breakdown

lowers risk
Size: total assets €10,050
Sector: Activities of head offices; management consultancy activities (NACE 70)
Figures for financial year 2025 (filed on 27-07-2026)
Founded in 1987
Calculation

The band follows from the bankruptcy probability. 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 70, micro). It does better than 38% of them on solvency, 10% on liquidity, 24% on profitability and 63% on growth.

The bankruptcy probability was computed on 07-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as CHOUKRAN has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of CHOUKRAN itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for CHOUKRAN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Size: total assets €10,050
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Figures for financial year 2025 (filed on 27-07-2026)
NBB · annual accounts
lowers risk · Founded in 1987
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 days early
2024
10 days early
2023
22 days late
2022
22 days late
2021
47 days late
2020
23 days late
2019
21 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 17 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

SB
Stany Balbourg
Director
  • BALBOURG Thierry Christian Constant 1,500 sharesdeed of 22-12-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0432060962
Resignation: Thierry Balbourg (director) Appointment: Stany Balbourg (director) · Director discharge: Thierry Balbourg (manager and director) · General meeting of 17-07-2025 · Gazette deed
Registered office moved to Liège New registered office: Quai de Gaulle, 22/1, 4020 Liège · Reappointment: BALBOURG Thierry Christian Constant (director) · “La consultance en matière commerciale,administrative,technique,et financière; L’assistance en développement de…” (deed in French) · General meeting of 16-12-2020 · Gazette deed
First establishment Quai de-Gaulle 22, Liège
All 53 events

Comparable companies

same main activity, similar in size and age
Company
CHOUKRAN Liège €10,050 €3,639 40.0% -
STARTEC Waterloo €12,712 €3,958 -225.7% -
MUNDOS Dendermonde €13,675 €3,786 79.6% -
AIRCO LAB Chaumont-Gistoux €8,706 €3,722 76.3% -
BETER RATIONEEL TOEGEPAST MANAGEMENT Lummen €13,243 €4,165 41.5% -
DWM Consulting Knokke-Heist €10,465 €3,199 -918.8% -
MAITRISE DES TECHNOLOGIES DE L'ELECTRICITE Durbuy €7,963 €5,073 -1519.5% -

These companies have the same main activity as CHOUKRAN: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €7,960 and €13,700, founded between 1988 and 1998.

Official details

Source: KBO
Status
Active since 18-09-1987Normal situation
Activity
Business and other management consultancyNACE 70200
Establishment unit
2.030.027.1834020 Liège, since 09-10-1987
Financial year end
31 December
Peppol
Reachable since 10-03-2026
Company details

Annual accounts 2025

€3,639
≈ €14,000estimated
€539
€4,020▲ 15.5%
€10,050▼ 90.3%
Filing
Filed on 27-07-2026, 4 days before the end of the filing period
Financials

Insights on CHOUKRAN

CHOUKRAN has existed since 1987. The gross margin fell from €38,278 in 2006 to €3,639 in 2025.

Solvency rose in 2025 from 3.4% to 40.0% because of the retained profit and lower debts.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 27-07-2026, 4 days before the deadline
€3,639
▲ €6,595
€388
▲ €8,858
€539
▲ €3,603
€3,036
▲ 21.6%
40.0%
▲ 36.6 percentage points
1.50
▲ 0.48

The turnover shown is an estimate from the gross margin.

Turnover ≈ €14,000. Estimated: probably between €6,300 and €36,000.

Balance sheet

balance sheet total €10,050 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

40.0%

Higher than 39% of 3,873 companies in 2025.

1.50

Higher than 54% of 3,727 companies in 2025.

5.4%

Higher than 61% of 3,849 companies in 2025.

CHOUKRAN Middle half of the sector 80% of the sector Full accounts in head offices and management consultancy (NACE 70)

Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 10,050103,872107,273110,436112,268115,394113,354105,27294,85091,69478,76183,67662,88989,24787,40099,440102,11877,094118,603149,001
21/28 9849845,98410,9841,3791,7742,1702,5651,5152,0464,70222,8909849841,4799,53116,09651,85347,78450,384
22/27 --5,00010,0003957911,1861,5815311,0633,71921,906--4958,54715,11350,86946,80049,400
22 -----------------50,86946,80049,400
24 --5,00010,0003957911,186-------495991----
28 984984984984984984984984984984984984984984984984984984984984
29/58 9,066102,888101,28999,452110,889113,619111,184102,70793,33589,64874,05960,78661,90588,26385,92289,90986,02225,24170,81998,617
3 -2,7902,7902,7902,7906,0459,3009,3009,30010,00012,75016,750--------
30/36 -2,7902,7902,7902,7906,0459,3009,3009,30010,00012,75016,750--------
40/41 8,66686,91896,70965,381105,962104,82996,32291,40381,17479,54860,01740,70561,86085,44383,09687,08378,52124,96019,44830,716
40 3,2501,210902----6,3274,66933,94323,44214,03001,8152,170545-90818,37429,737
41 5,41685,70895,80765,381105,962104,82996,32285,07676,50545,60536,57526,67561,86083,62880,92686,53878,52124,0531,074979
54/58 40013,1801,29531,2812,1372,7455,5622,0042,8621001,2912,397462,3402,3402,3407,01428151,37167,901
490/1 --495--------934-480486486486---
Balance sheet: equity and liabilities
10/49 10,050103,872107,273110,436112,268115,394113,354105,27294,85091,69478,76183,67662,88989,24787,40099,440102,11877,094118,603149,001
10/15 4,0203,481106,546110,069109,732105,68292,58680,62369,85556,99050,06037,44928,58946,15740,74643,88342,05116,61847,54722,141
10/11 1,9181,91857,01657,01657,01657,01657,01657,01657,01657,01657,01657,01657,01657,01657,01657,01657,01657,01657,01657,016
10 1,918---57,016---------------
100 1,918---57,01657,01657,01657,01657,01657,01657,01657,01657,01657,01657,01657,01657,01657,01657,01657,016
13 1921925,7015,7015,7025,7025,7025,7025,7025,7025,7025,7025,7025,7025,7025,7025,7025,7025,7025,702
130/1 192-5,7015,7015,7025,702--------------
130 192---5,7025,7025,7025,7025,7025,7025,7025,7025,7025,7025,7025,7025,7025,7025,7025,702
1311 --5,7015,701----------------
133 -192------------------
14 1,9101,37143,82947,35247,01542,96529,86917,9067,138-5,727-12,657-25,268-34,128-16,561-21,971-18,834-20,666-46,099-15,171-40,577
16 -------------------62,399
160/5 -------------------62,399
17/49 6,030100,3917273672,5369,71220,76824,64924,99534,70528,70146,22734,30043,09046,65455,55760,06760,47671,05664,461
17 ------1,9796,57810,97115,16719,17431,18626,65730,14935,23243,48951,35342,61745,39348,044
170/4 ------1,9796,57810,97115,16719,17431,18626,65730,14935,23243,48951,35342,61745,39348,044
42/48 6,030100,3917273672,5369,71218,64318,07014,02419,5389,52715,0417,64312,94111,42212,0688,71417,85825,66316,417
42 -----1,9794,5994,3934,1964,0073,82713,8203,4925,0838,2577,8657,4912,7752,6512,532
43 ---------1,781--1,5903,2521,4733,078-2,976--
430/8 ---------1,781--1,5903,2521,4733,078-2,976--
44 49252495-348--47-2,026-1,2211,2772,1471,18390590511,28912,2424,718
440/4 49252495-348--47-2,026-1,2211,2772,1471,18390590511,28912,2424,718
45 -1392323672,1897,73214,04413,6319,82811,7235,700-1,2832,46051022031781810,7709,167
450/3 -1392323672,1897,73214,04413,6319,82811,7235,700-1,2832,460510220317759,1597,090
454/9 -----------------7431,6112,077
47/48 5,981100,000------------------
492/3 ------146-------------
Income statement
9900 3,639-2,956-1,2501,6312,0307,50011,85212,72215,54711,92225,78018,7363,4254,5923,17110,21239,166-9,467-5,27838,278
62 ----------------3,88315,48818,36919,149
630 -5,0005,0005,3953953953959275315312,6567,3021,1194958,0538,0527,5563,3412,60010,806
631/4 2,790---3,2553,255--------------
635/8 -------------------62,3995,389
640/8 4615141,15361755594064057562,8395,7011,2154,1041,8542,0271,6943,3351,1691,0751,524
66A ------------20,000-------
9901 388-8,470-7,403-3,825-2,3743,79111,05111,39114,2608,55117,42410,219-1,7982,243-6,90946624,392-29,46435,0771,410
75/76B 2425,5005,5565,9066,5209,6137,3956,2155,1353,6352,4463,8676,1327,4546,8204,2613,9151,30767192
75 2425,5005,5565,9066,5209,6137,3956,2155,1353,6352,4463,8676,1327,4546,8204,2613,9151,30767192
65/66B 91941685953079838381,0291,2561,5594,0741,9012,4082,6132,8942,8742,7542,5281,746
65 91941685953079838381,0291,2561,5594,0741,9012,4082,6132,8942,8742,7542,5281,746
9903 539-3,064-1,8631,9964,05013,09617,46316,76818,36610,93018,31110,012-17,5677,289-2,7021,83225,433-30,91232,616-144
67/77 --1,6601,659--5,5006,0005,5004,0005,7001,15301,878435--167,21026
9904 539-3,064-3,5233374,05013,09611,96310,76812,8666,93012,6118,860-17,5675,411-3,1371,83225,433-30,92725,406-170
9905 539-3,064-3,5233374,05013,09611,96310,76812,8666,93012,6118,860-17,5675,411-3,1371,83225,433-30,92725,406-170
Appropriation of the result
9906 1,91040,76543,82947,35247,01542,96529,86917,9067,138-5,727-12,657-25,268-34,128-16,561-21,971-18,834-20,666-46,099-15,171-40,577
14P 1,37143,82947,35247,01542,965---------------
791/2 -60,606-0----------------
691/2 ---0----------------
691 ---0----------------
6920 ---0----------------
6921 ---0----------------
694/7 -100,000-0----------------
694 -100,000-0----------------
695 ---0----------------
696 ---0----------------
697 ---0----------------
Social balance sheet
9087 ----------------00.50.50.5
Hours worked1013 ----------------0922920930
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 18 older financial years (1988-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 27-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 27-07-2026 2026-00349555 PDF
31-12-2024 full format 21-07-2025 2025-00290237 PDF
31-12-2023 full format 22-08-2024 2024-00363868 PDF
31-12-2022 full format 22-08-2023 2023-00362645 PDF
31-12-2021 full format 16-09-2022 2022-20431201 PDF
31-12-2020 micro format 23-08-2021 2021-52100171 PDF
31-12-2019 micro format 21-08-2020 2020-43600049 PDF
31-12-2018 full format 05-09-2019 2019-63400484 PDF
31-12-2017 full format 29-08-2018 2018-53900356 PDF
31-12-2016 full format 31-08-2017 2017-56900188 PDF
31-12-2015 full format 31-08-2016 2016-55400324 PDF
31-12-2014 full format 28-08-2015 2015-51700211 PDF
31-12-2013 full format 27-08-2014 2014-49000226 PDF
31-12-2012 full format 29-08-2013 2013-51700286 PDF
31-12-2011 full format 27-08-2012 2012-46300547 PDF
31-12-2010 full format 29-08-2011 2011-47000289 PDF
31-12-2009 full format 27-08-2010 2010-46900408 PDF
31-12-2008 full format 24-07-2009 2009-47000068 PDF
31-12-2007 full format 26-08-2008 2008-71500088 PDF
31-12-2006 full format 30-07-2007 2007-48600031 PDF
31-12-2005 full format 28-07-2006 2006-59601046 PDF
31-12-2004 full format 24-08-2005 2005-65600171 PDF
31-12-2003 full format 02-08-2004 2004-58401067 PDF
31-12-2002 full format 04-09-2003 2003-65203445 PDF
31-12-2001 full format 04-09-2002 2002-53802922 PDF
31-12-2000 full format 03-10-2001 2001-61603760 PDF
31-12-1999 full format 22-08-2000 2000-52400666 PDF
31-12-1998 full format 24-11-1999 1999-60300112 PDF
31-12-1997 full format 15-07-1998 1998-33302523 PDF
31-12-1996 full format 31-07-1997 1997-35500998 PDF
31-12-1995 full format 08-08-1996 1996-39703336 PDF
31-12-1994 full format 24-07-1995 1995-41702421 PDF
31-12-1993 full format 20-07-1994 1994-31702082 PDF
31-12-1992 full format 31-03-1994 1994-05603077 PDF
31-12-1991 full format 24-06-1992 1992-14305339 PDF
31-12-1990 full format 03-06-1991 1991-07400255 PDF
31-12-1989 full format 26-10-1990 1990-26804073 PDF
31-12-1988 full format 26-10-1990 1990-26804063 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
--3,470-2,4031,570-1,9794,18611,44612,31714,7919,08220,08017,521-6792,7381,1438,51831,948-26,12337,67712,216
-1,9361,4775,7324,44513,49212,35811,69413,3977,46115,26716,162-16,4485,9054,9159,88432,989-27,58628,00610,636
-0015,0000001,9770-2,1256,37529,2081,119001,48722,6697,410060,206
-12,78011,885-29,98629,144-608-2,8173,558-8582,762-1,191-1,1052,351-2,29500-4,6746,733-51,090-16,530-
3,0362,497100,56299,085108,353103,90792,54184,63679,31170,11064,53145,74654,26375,32274,49977,84177,3087,38345,15682,200
40.0%3.4%99.3%99.7%97.7%91.6%81.7%76.6%73.6%62.2%63.6%44.8%45.5%51.7%46.6%44.1%41.2%21.6%40.1%14.9%
1.501.02--43.7211.705.965.686.664.597.774.048.106.827.527.459.871.412.766.01
1.501.00--42.6211.085.475.175.994.086.432.938.106.827.527.459.871.412.766.01
1.5028.840.010.000.020.090.220.310.360.610.571.231.200.931.151.271.433.641.492.91
13.4%-88.0%-3.3%0.3%3.7%12.4%12.9%13.4%18.4%12.2%25.2%23.7%-61.4%11.7%-7.7%4.2%60.5%-186.1%53.4%-0.8%
5.4%-2.9%-3.3%0.3%3.6%11.3%10.6%10.2%13.6%7.6%16.0%10.6%-27.9%6.1%-3.6%1.8%24.9%-40.1%21.4%-0.1%
--36.91-150.1918.47-20.75---------------

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Overdue debts

tax and social security
Item20252024202320222021
Overdue tax debts---€367-

Source: notes to the 2021 to 2025 annual accounts (statement of debts)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets---€15,000-
-€5,000€5,000€5,395€395

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on CHOUKRAN

The operating result for 2025 is a profit of €388, after a loss of €8,470 in 2024. It is the highest result since 2020.

Debt's share of the balance-sheet total falls from 96.6% to 60.0%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, no change since 2025
Stany Balbourg
Director
appointed by deed of 30-10-2025 term without a fixed end
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 11 - Pouvoirs de l’organe d’administration. S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
deed of 22-12-2020

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
Stany Balbourg
Director
BALBOURG Thierry Christian Constant
Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
  • Stany Balbourg
    • Director, appointed by deed of 30-10-2025, still in office
  • BALBOURG Thierry Christian Constant
    • Director (not named in the articles), from before 22-12-2020 to 17-07-2025

See the board, name and registered office on a given date →

Control

Shareholder
BALBOURG Thierry Christian Constant
This company
CHOUKRAN
Equity €4,020
Profit €539 in 2025

Capital

Contribution
€1,918
Source
2025 annual accounts

Articles of association

deed of 22-12-2020 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Organe d’administration, assemblée qui nomme”

Shareholders

Stated in the deed deed of 22-12-2020 ↗
  • BALBOURG Thierry Christian Constant 1,500 shares

Network & group

No group

CHOUKRAN has no parent and no holdings in its annual accounts. Stany Balbourg is the only director.

At the same address

Quai De Gaulle 22, 4020 Liège · 2 other companies
Les forces originelles ASBL
registered office since 05-08-2025
 founded in 2025
1026.204.570
Association des Copropriétaires Résidence De Gaulle à Liège Quai de Gaulle 22
registered office since 01-08-1995
 founded in 1995
0823.661.147

Earlier ties

VELOZOPHIE
via Thierry BALBOURG, at CHOUKRAN until 2025 · Director · deed of 17-09-2020
founded in 2020
 4 FTE (2025)

Connections & network

Depth

The network starts from the earlier ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

53 events since 1987

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBfull format · 4 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0432060962
2025
Back to profit net €539 The net result is €539, after 2 loss-making years.
Resignation: Thierry Balbourg (director)Appointment: Stany Balbourg (director) · Director discharge: Thierry Balbourg (manager and director) · General meeting of 17-07-20254 points ▸
  • General meeting, 17-07-2025
  • Director resignation, Thierry Balbourg
  • Director appointment, Stany Balbourg
  • Director discharge, Thierry Balbourg (manager and director)

Open the deed in the Belgian Official Gazette

Annual accounts 2024 filed PDFfull format · 10 days before the deadline
2024
Annual accounts 2023 filed PDFfull format · 22 days late
2023
Annual accounts 2022 filed PDFfull format · 22 days late
2022
Liquidity more than 6 times current ratio 270.99 The current ratio rises from 43.72 to 270.99. Short-term debt falls from €2,536 to €367.
Annual accounts 2021 filed PDFfull format · 47 days late
2021
Liquidity more than triples current ratio 43.72 The current ratio rises from 11.70 to 43.72. Short-term debt falls from €9,712 to €2,536.
Annual accounts 2020 filed PDFmicro format · 23 days late
2020
Equity above €100,000 equity €105,682 ▲14.1% After 7 profitable years in a row, equity reaches €105,682.
Registered office moved to LiègeNew registered office: Quai de Gaulle, 22/1, 4020 Liège · Reappointment: BALBOURG Thierry Christian Constant (director) · “La consultance en matière commerciale,administrative,technique,et financière; L’assistance en développement de…” (deed in French) · General meeting of 16-12-20206 points ▸
  • General meeting, 16-12-2020
  • BALBOURG Thierry Christian Constant holds 1,500 shares
  • 1,500 shares, mentioned twice in the deed
  • Purpose change, “La consultance en matière commerciale,administrative,technique,et financière; L’assistance en développement de produits technologiques de toutes sortes; La…” (deed in French)
  • Director reappointment, BALBOURG Thierry Christian Constant (director (not named in the articles))
  • Registered-office move, Quai de Gaulle, 22/1, 4020 Liège
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2019 filed PDFmicro format · 21 days late
2019
Annual accounts 2018 filed PDFfull format · 36 days late
2018
Annual accounts 2017 filed PDFfull format · 29 days late
2017
Annual accounts 2016 filed PDFfull format · 31 days late
2016
Annual accounts 2015 filed PDFfull format · 31 days late
2015
Annual accounts 2014 filed PDFfull format · 28 days late
2014
Back to profit net €8,860 The net result is €8,860, after one loss-making year.
Annual accounts 2013 filed PDFfull format · 27 days late
2013
Annual accounts 2012 filed PDFfull format · 29 days late
2012
Back to profit net €5,411 The net result is €5,411, after one loss-making year.
Annual accounts 2011 filed PDFfull format · 27 days late
2011
Annual accounts 2010 filed PDFfull format · 29 days late
2010
Annual accounts 2009 filed PDFfull format · 27 days late
2009
Back to profit net €25,433 The net result is €25,433, after one loss-making year.
Liquidity more than 6 times current ratio 9.87 The current ratio rises from 1.41 to 9.87. Short-term debt falls from €17,858 to €8,714.
Annual accounts 2008 filed PDFfull format · 7 days before the deadline
2008
Weakest financial year net -€30,927 The net result drops to -€30,927, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2007 filed PDFfull format · 26 days late
2007
Back to profit net €25,406 The net result is €25,406, after one loss-making year.
Annual accounts 2006 filed PDFfull format · 1 day before the deadline
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
2000
Annual accounts 1999 filed PDFfull format
1999
Annual accounts 1998 filed PDFfull format
1998
Annual accounts 1997 filed PDFfull format
1997
Annual accounts 1996 filed PDFfull format
1996
Annual accounts 1995 filed PDFfull format
1995
Annual accounts 1994 filed PDFfull format
1994
Annual accounts 1993 filed PDFfull format
Annual accounts 1992 filed PDFfull format
1992
Annual accounts 1991 filed PDFfull format
1991
Annual accounts 1990 filed PDFfull format
1990
Annual accounts 1988 filed PDFfull format
Annual accounts 1989 filed PDFfull format
1987
First establishment Quai de-Gaulle 22, Liège
Incorporation published on 20-10-1987

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 18 September 1987, CHOUKRAN was incorporated.1 In 2020 the registered office moved to Liège.2 Stany Balbourg is director of the company, appointed by deed of 30-10-2025.3 Total assets went from €105,272 in 2018 to €10,050 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 22-12-2020
  3. 3Belgian Official Gazette, 30-10-2025
  4. 4National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0432.060.962
VAT number
BE 0432.060.962
Peppol ID
0208:0432060962
Other Peppol ID
9925:BE0432060962
Legal form
Private limited company
Status
Active, normal situation
Founded
18-09-1987
Financial year
ends on 31 December
Peppol
Reachable since 10-03-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
CHOUKRAN in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 22-12-2020 (in French)

Activities

NACEBEL 2025
70200 Business and other management consultancy main activity
Codes under NACEBEL 2008
70220 Business consulting main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
Quai de-Gaulle 22 registered office 4020 Liège 68110 Buying and selling of own real estate 09-10-1987 2.030.027.183

Buildings and parcels at the address

Ground area
94 m²
Buildings
78 m²
Volume, LiDAR
1,565 m³
Tallest building
21.8 m
Buildings to scale, each on its own parcel
78 m², 21.8 m 78 m², 21.8 m

Location

registered office establishment The establishment unit on the map
3 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
62816D0024/00E00094 m² 1 · 78 m² 21.8 m · 7

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