CHOW
ActiveSummary
CHOW has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €757,484 and a net result of €21,184. Equity is growing by ~24.9% per year across the filed fiscal years. Its solvency ranks better than 91% of 13617 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability61▼-14
Solvency100▲+4
Growth68▼-17
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 5.54 against 3.88 in 2024; short-term debt: 12.3% and cash: 36.8% of total assets), and 19.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
80.4%
Return on assets
2.2%
Age of the figures
9 mo
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 09-07-2026, 22 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
22 d early
2024
34 d early
2023
9 d early
2022
7 d early
2021
107 d late
2020
3 d early
2019
81 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#2 company by equity in Andenne, Accommodation and food service sector#3 company by total assets in Andenne, Accommodation and food service sector
Turnover
€2.0m▼ 1.5%
2024 · €2.0m
EBIT margin
1.7%▼ 7.5pp
2024 · 9.2%
Net result
€21,184▼ 75.3%
2024 · €85,675
Working capital
€524,861▼ 9.4%
2024 · €579,173
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€949,891▲ 73.1%€1.7m▲ 78.7%€2.0m▲ 15.8%€2.0m▲ 0.8%€2.0m▼ 1.5%
Operating result€188,570€383,925▲ 104%€145,147▼ 62.2%€182,904▲ 26.0%€34,119▼ 81.3%
Net result€153,570above the sector's middle half€246,479above the sector's middle half▲ 60.5%€113,567above the sector's middle half▼ 53.9%€85,675above the sector's middle half▼ 24.6%€21,184within the sector's middle half▼ 75.3%
EBIT margin19.9%▲ 25.9pp22.6%▲ 2.8pp7.4%▼ 15.2pp9.2%▲ 1.8pp1.7%▼ 7.5pp
Equity€290,578above the sector's middle half▲ 112%€537,057above the sector's middle half▲ 84.8%€650,624above the sector's middle half▲ 21.1%€736,300above the sector's middle half▲ 13.2%€757,484above the sector's middle half▲ 2.9%
Total assets€655,555above the sector's middle half▲ 31.8%€985,821above the sector's middle half▲ 50.4%€988,102above the sector's middle half▲ 0.2%€1.0mabove the sector's middle half▲ 4.7%€942,126above the sector's middle half▼ 8.9%
Debt€364,977▲ 1.3%€448,764▲ 23.0%€337,478▼ 24.8%€298,248▼ 11.6%€184,642▼ 38.1%
Working capital€119,285above the sector's middle half€345,391above the sector's middle half▲ 190%€475,890above the sector's middle half▲ 37.8%€579,173above the sector's middle half▲ 21.7%€524,861above the sector's middle half▼ 9.4%
Solvency44.3%within the sector's middle half▲ 16.8pp54.5%within the sector's middle half▲ 10.2pp65.8%above the sector's middle half▲ 11.4pp71.2%above the sector's middle half▲ 5.3pp80.4%above the sector's middle half▲ 9.2pp
Current ratio1.65within the sector's middle half▲ 1.092.11within the sector's middle half▲ 0.463.21above the sector's middle half▲ 1.103.88above the sector's middle half▲ 0.675.54above the sector's middle half▲ 1.66
Return on assets (ROA)23.4%within the sector's middle half▲ 31.3pp25.0%above the sector's middle half▲ 1.6pp11.5%within the sector's middle half▼ 13.5pp8.3%within the sector's middle half▼ 3.2pp2.2%within the sector's middle half▼ 6.0pp
Staff (FTE)9.4▲ 56.7%12.9▲ 37.2%17.7▲ 37.2%16▼ 9.6%13▼ 18.8%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 81% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €942,126
Fixed assets
€301,556 ▲ 18.6%
Current assets
€640,570 ▼ 17.9%
Equity and liabilities €942,126
Equity
€757,484 ▲ 2.9%
Debt
€184,642 ▼ 38.1%
Debt's share of the balance-sheet total falls from 28.8% to 19.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€103,779▼
2024 · €238,383
Cash flow
€90,844▼
2024 · €141,154
Quick ratio
5.22▲
2024 · 3.81
Debt to equity
0.24▼
2024 · 0.41
ROE
2.8%▼
2024 · 11.6%
Interest coverage
6.12▼
2024 · 13.38
Debt ≤ 1 year
€115,709▼
2024 · €201,086
Debt > 1 year
€68,933▼
2024 · €97,162
Income taxes
€3,587▼
2024 · €85,197
Staff costs
€326,074▲
2024 · €300,930
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,048 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.4%
went bankrupt
3.6%
stopped otherwise
96%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.5% 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 6,048 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €949,891 | €1.7m | €2.0m | €2.0m | €2.0m | ▼ 1.5% |
| Non-recurring operating income76A | - | - | €11,365 | €678 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €591,630 | €993,154 | €1.4m | €1.4m | €1.5m | ▲ 5.8% |
| Remuneration, social security and pensions62 | €94,925 | €244,149 | €287,813 | €300,930 | €326,074 | ▲ 8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €58,445 | €59,876 | €61,114 | €55,479 | €69,660 | ▲ 25.6% |
| Other operating charges640/8 | €16,321 | €16,334 | €23,417 | €26,611 | €23,037 | ▼ 13.4% |
| Non-recurring operating charges66A | - | - | - | - | €2,597 | - |
| Gross operating margin9900 | €358,261 | €704,284 | €517,491 | €565,924 | €455,487 | ▼ 19.5% |
| Operating profit (loss)9901 | €188,570 | €383,925 | €145,147 | €182,904 | €34,119 | ▼ 81.3% |
| Financial income75/76B | - | €6 | €2,771 | €5,779 | €7,596 | ▲ 31.4% |
| Recurring financial income75 | - | €6 | €2,771 | €5,779 | €7,596 | ▲ 31.4% |
| Financial charges65/66B | €7,545 | €11,486 | €17,162 | €17,811 | €16,944 | ▼ 4.9% |
| Recurring financial charges65 | €7,545 | €11,486 | €17,162 | €17,811 | €16,944 | ▼ 4.9% |
| Profit (loss) for the period before taxes9903 | €181,025 | €372,445 | €130,756 | €170,872 | €24,771 | ▼ 85.5% |
| Income taxes67/77 | €27,455 | €125,966 | €17,189 | €85,197 | €3,587 | ▼ 95.8% |
| Profit (loss) for the period9904 | €153,570 | €246,479 | €113,567 | €85,675 | €21,184 | ▼ 75.3% |
| Profit (loss) for the period to be appropriated9905 | €153,570 | €246,479 | €113,567 | €85,675 | €21,184 | ▼ 75.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €655,555 | €985,821 | €988,102 | €1.0m | €942,126 | ▼ 8.9% |
| Fixed assets21/28 | €351,658 | €328,911 | €297,059 | €254,289 | €301,556 | ▲ 18.6% |
| Tangible fixed assets22/27 | €336,658 | €313,911 | €282,059 | €239,289 | €286,556 | ▲ 19.8% |
| Plant, machinery and equipment23 | €2,685 | €1,924 | €1,163 | €1,352 | €7,051 | ▲ 422% |
| Furniture and vehicles24 | €27,908 | €13,438 | €5,586 | €4,011 | €56,787 | ▲ 1,316% |
| Other tangible fixed assets26 | €306,065 | €298,549 | €275,310 | €233,926 | €222,718 | ▼ 4.8% |
| Financial fixed assets28 | €15,000 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Current assets29/58 | €303,897 | €656,910 | €691,043 | €780,259 | €640,570 | ▼ 17.9% |
| Stocks and contracts in progress3 | €13,501 | €42,771 | €27,031 | €13,662 | €36,637 | ▲ 168% |
| Stocks30/36 | €13,501 | €42,771 | €27,031 | €13,662 | €36,637 | ▲ 168% |
| Amounts receivable within one year40/41 | €3,579 | - | €81,614 | €4,050 | - | - |
| Trade receivables40 | €3,579 | - | - | €1,247 | - | - |
| Other amounts receivable41 | - | - | €81,614 | €2,803 | - | - |
| Current investments50/53 | - | €100,000 | €200,000 | €275,000 | €250,000 | ▼ 9.1% |
| Cash at bank and in hand54/58 | €278,003 | €505,995 | €375,954 | €481,432 | €346,466 | ▼ 28.0% |
| Deferred charges and accrued income490/1 | €8,814 | €8,144 | €6,444 | €6,115 | €7,467 | ▲ 22.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €655,555 | €985,821 | €988,102 | €1.0m | €942,126 | ▼ 8.9% |
| Equity10/15 | €290,578 | €537,057 | €650,624 | €736,300 | €757,484 | ▲ 2.9% |
| Contributions10/11 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Reserves13 | €2,500 | €254,972 | €254,972 | €711,300 | €732,484 | ▲ 3.0% |
| Non-distributable reserves130/1 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Reserves not available under the articles1311 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Distributable reserves133 | - | €252,472 | €252,472 | €708,800 | €729,984 | ▲ 3.0% |
| Profit (loss) carried forward14 | €263,078 | €257,085 | €370,652 | - | - | - |
| Amounts payable17/49 | €364,977 | €448,764 | €337,478 | €298,248 | €184,642 | ▼ 38.1% |
| Amounts payable after more than one year17 | €180,365 | €137,245 | €122,325 | €97,162 | €68,933 | ▼ 29.1% |
| Financial debts170/4 | €124,859 | €100,065 | €74,739 | €48,870 | €22,449 | ▼ 54.1% |
| Other amounts payable178/9 | €55,506 | €37,180 | €47,586 | €48,292 | €46,484 | ▼ 3.7% |
| Amounts payable within one year42/48 | €184,612 | €311,519 | €215,153 | €201,086 | €115,709 | ▼ 42.5% |
| Current portion of amounts payable after more than one year42 | €24,503 | €24,980 | €78,159 | €78,731 | €26,449 | ▼ 66.4% |
| Trade debts44 | €27,024 | €47,909 | €52,598 | €26,834 | €11,319 | ▼ 57.8% |
| Suppliers440/4 | €27,024 | €47,909 | €52,598 | €26,834 | €11,319 | ▼ 57.8% |
| Advances received on contracts in progress46 | €3,791 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €129,294 | €233,900 | €79,666 | €90,823 | €73,409 | ▼ 19.2% |
| Taxes450/3 | €82,237 | €185,704 | €35,940 | €42,515 | €32,460 | ▼ 23.7% |
| Remuneration and social security454/9 | €47,057 | €48,196 | €43,726 | €48,308 | €40,949 | ▼ 15.2% |
| Other amounts payable47/48 | - | €4,730 | €4,730 | €4,698 | €4,532 | ▼ 3.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €153,570 | €246,479 | €113,567 | €85,675 | €21,184 | ▼ 75.3% |
| + Depreciation and write-downs630 | €58,445 | €59,876 | €61,114 | €55,479 | €69,660 | ▲ 25.6% |
| Operating cash flow (approximation) | €212,015 | €306,355 | €174,681 | €141,154 | €90,844 | ▼ 35.6% |
| Investment in fixed assets (approximation) | - | -€37,129 | -€29,262 | -€12,709 | -€116,927 | ▼ 820% |
| Change in cash | - | €227,992 | -€130,041 | €105,478 | -€134,966 | ▼ 228% |
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
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €246,479 ▲60.5%
Operating result €383,925, net result €246,479, both a record.
31-12
Financial
Equity above €500,000Eq €537,057 ▲84.8%
2 profitable years in a row build equity to €537,057.
15-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 107 days late
2021
31-12
Financial
Back to profitnet €153,570
Net result €153,570 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.65
Current ratio from 0.56 to 1.65.
31-12
Financial
Equity above €200,000Eq €290,578 ▲112%
Equity rises from €137,008 to €290,578.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€39,290
Net result drops to -€39,290, the lowest in the series; recovery starts the following year.
Show earlier events
20-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 81 days late
2019
31-12
Financial
Equity above €150,000Eq €176,298 ▲36.5%
2 profitable years in a row build equity to €176,298.
04-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 65 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
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, Andenne · 1 establishment unit since 2016
Ground area
2,781 m²
Building footprint
1,074 m²
Parcel 92003A0068/00T000, Wallonia. Linked by address, not a title deed.
1 establishment unit
LE SAINT DRAGON
since 20162.256.916.717
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92003A0068/00T000 | Wallonia | 2,780 m² | 1 · 1,074 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAndenne2.256.916.717
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Of 20,509 companies in sector 56111 we hold annual accounts for 11,464. 5,075 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-09-2016
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Contact
E-mail
arkose0@hotmail.comAndenne
E-invoicing
Reachable via Peppol
Peppol ID
0208:0661962246
Registered
07-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.