CHRIFA
ActiveSummary
CHRIFA has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,354 and a net result of €1,854. Equity is growing by about 3.9% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).
Financials · financial year 2025, micro format
2020 to 2025, 5 financial years 2019 to 2025, 6 financial years
The operating result has fallen two years in a row; 2025 is 45% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 1,216 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency under 10%
- a profit under 5% of the balance sheet
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,470 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% | 1.8% |
| 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 1,216 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 | 2019 | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €77,375 | €65,057 | €60,032 | €68,924 | €79,179 | €77,334 | ▼ 2.3% |
| Other operating charges640/8 | - | - | - | €65,274 | €7,041 | €43,237 | ▲ 514% |
| Gross operating margin9900 | €135,839 | €124,872 | €149,205 | €228,094 | €162,196 | €162,178 | = |
| Operating profit (loss)9901 | €29,080 | €50,795 | €63,570 | €93,895 | €75,975 | €41,606 | ▼ 45.2% |
| Financial income75/76B | - | - | - | - | €429 | €2,324 | ▲ 441% |
| Recurring financial income75 | €63 | - | €983 | - | €429 | €2,324 | ▲ 441% |
| Financial charges65/66B | - | - | - | €35,946 | €35,604 | €40,792 | ▲ 14.6% |
| Recurring financial charges65 | €15,858 | €3,553 | €4,360 | €35,946 | €35,604 | €40,792 | ▲ 14.6% |
| Profit (loss) for the period before taxes9903 | €13,284 | €47,243 | €57,715 | €57,949 | €40,801 | €3,138 | ▼ 92.3% |
| Income taxes67/77 | €13,230 | €6,574 | €7,540 | €13,302 | €10,309 | €1,285 | ▼ 87.5% |
| Profit (loss) for the period9904 | €54 | €40,668 | €50,175 | €44,647 | €30,492 | €1,854 | ▼ 93.9% |
| Profit (loss) for the period to be appropriated9905 | €54 | €40,668 | €58,335 | €44,647 | €30,492 | €1,854 | ▼ 93.9% |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €1.4m | €1.4m | €1.6m | €2.0m | €2.0m | €2.1m | ▲ 4.5% |
| Fixed assets21/28 | €0.8m | €0.8m | €1.0m | €1.5m | €1.7m | €1.4m | ▼ 15.2% |
| Tangible fixed assets22/27 | €0.8m | €0.8m | €1.0m | €1.5m | €1.7m | €1.4m | ▼ 15.2% |
| Land and buildings22 | - | - | - | €1.5m | €1.7m | €1.4m | ▼ 17.4% |
| Plant, machinery and equipment23 | - | - | - | €0.006m | €0.004m | €0.002m | ▼ 42.7% |
| Furniture and vehicles24 | - | - | - | - | - | €0.04m | - |
| Financial fixed assets28 | €140 | €140 | - | - | - | - | - |
| Current assets29/58 | €0.6m | €0.5m | €0.6m | €0.5m | €0.3m | €0.6m | ▲ 112% |
| Stocks and contracts in progress3 | €0.01m | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.5m | €0.3m | €0.2m | €0.2m | €0.2m | €0.05m | ▼ 75.1% |
| Trade receivables40 | - | - | - | - | - | €0.03m | - |
| Other amounts receivable41 | - | - | - | €0.2m | €0.2m | €0.01m | ▼ 92.1% |
| Current investments50/53 | - | - | - | - | - | €0.3m | - |
| Cash at bank and in hand54/58 | €0.1m | €0.3m | €0.4m | €0.3m | €0.1m | €0.2m | ▲ 106% |
| Deferred charges and accrued income490/1 | - | - | - | €0.003m | €0.003m | €0.006m | ▲ 111% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €1.4m | €1.4m | €1.6m | €2.0m | €2.0m | €2.1m | ▲ 4.5% |
| Equity10/15 | €0.6m | €0.6m | €0.6m | €0.6m | €0.7m | €0.01m | ▼ 98.5% |
| Contributions10/11 | €0.007m | - | - | €0.007m | €0.007m | €0.007m | = |
| Reserves13 | €0.01m | €0.01m | €0.002m | €0.002m | - | - | - |
| Non-distributable reserves130/1 | - | - | - | €0.002m | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | - | - | - |
| Profit (loss) carried forward14 | €0.5m | €0.6m | €0.6m | €0.6m | €0.7m | €0.003m | ▼ 99.5% |
| Provisions and deferred taxes16 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Provisions for liabilities and charges160/5 | - | - | - | €0.03m | €0.03m | €0.03m | = |
| Major repairs and maintenance162 | - | - | - | €0.03m | €0.03m | €0.03m | = |
| Amounts payable17/49 | €0.8m | €0.8m | €0.9m | €1.3m | €1.3m | €2.0m | ▲ 59.5% |
| Amounts payable after more than one year17 | €0.7m | €0.7m | €0.8m | €1.2m | €1.1m | €1.3m | ▲ 18.2% |
| Financial debts170/4 | - | - | - | €1.2m | €1.1m | €1.3m | ▲ 18.2% |
| Amounts payable within one year42/48 | €0.1m | €0.08m | €0.09m | €0.08m | €0.06m | €0.6m | ▲ 809% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €0.02m | - |
| Financial debts43 | - | - | - | €0.02m | €0.02m | €0.02m | = |
| Credit institutions430/8 | - | - | - | €0.02m | €0.02m | €0.02m | = |
| Trade debts44 | €0.03m | €0.02m | €0.003m | €0.002m | €0.002m | €0.02m | ▲ 672% |
| Suppliers440/4 | - | - | - | €0.002m | €0.002m | €0.02m | ▲ 672% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | - | - | - |
| Taxes450/3 | - | - | - | €0.02m | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.03m | €0.04m | €0.5m | ▲ 1,190% |
| Accrued charges and deferred income492/3 | - | - | - | €0.05m | €0.08m | €0.1m | ▲ 43.8% |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €54 | €40,668 | €50,175 | €44,647 | €30,492 | €1,854 | ▼ 93.9% |
| + Depreciation and write-downs630 | €77,375 | €65,057 | €60,032 | €68,924 | €79,179 | €77,334 | ▼ 2.3% |
| Operating cash flow (approximation) | €77,429 | €105,725 | €110,207 | €113,571 | €109,671 | €79,188 | ▼ 27.8% |
| Investment in fixed assets (approximation) | - | -€126,325 | -€236,314 | - | -€241,680 | €177,862 | ▲ 174% |
| Change in cash | - | €150,512 | €113,694 | - | -€193,888 | €127,786 | ▲ 166% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Subsidies and aid
Flemish government
2025 · 1 entry · €2,364 awarded · €2,364 paidPublic contracts: not fully processed yet. The notices from February 2023 to September 2026 are still being read.