CHRONOS CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of CHRONOS CONSTRUCT is 10.3% (high). For CHRONOS CONSTRUCT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €25,084 and a net result of €6,679. Equity is growing by ~32.8% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability76▲+31
Solvency75▲+22
Growth52=
Track record92
Bankruptcy probability, 12 months
10.3%
High
0%0.5%1.5%4%10%≥ 25%
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Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk
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 2023Solvency, return and age of the figures
Solvency
50.4%
Return on assets
13.4%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 18-11-2024, 110 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
110 d late
2022
87 d late
2021
19 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 72 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
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Financials · fiscal year 2023, micro schema
Equity
€25,084▲ 36.3%
2022 · €18,404
Total assets
€49,729▼ 24.5%
2022 · €65,895
Net result
€6,679▲ 24.1%
2022 · €5,383
Working capital
€27,000▲ 106%
2022 · €13,099
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202120222023
Operating result€16,982-€18,992▲ 11.8%€10,089▼ 46.9%
Net result€11,522-€5,383▼ 53.3%€6,679▲ 24.1%
Equity€13,022-€18,404▲ 41.3%€25,084▲ 36.3%
Total assets€59,997-€65,895▲ 9.8%€49,729▼ 24.5%
Debt€46,975-€47,491▲ 1.1%€24,646▼ 48.1%
Working capital€11,359-€13,099▲ 15.3%€27,000▲ 106%
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 2023; 2023 is 47% below 2022 and is the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €49,729
Fixed assets
€4,083 ▼ 23.0%
Current assets
€45,646 ▼ 24.7%
Equity and liabilities €49,729
Equity
€25,084 ▲ 36.3%
Debt
€24,646 ▼ 48.1%
Debt's share of the balance-sheet total falls from 72.1% to 49.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12,853▼
2022 · €21,477
Cash flow
€9,443▲
2022 · €7,869
Current ratio
2.45▲
2022 · 1.28
Debt to equity
0.98▼
2022 · 2.58
ROE
26.6%▼
2022 · 29.2%
ROA
13.4%▲
2022 · 8.2%
Interest coverage
4.80▲
2022 · 1.89
Debt ≤ 1 year
€18,646▼
2022 · €47,491
Income taxes
€2,028▼
2022 · €3,665
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €493 | €2,486 | €2,764 | ▲ 11.2% |
| Other operating charges640/8 | €558 | €339 | €489 | ▲ 44.4% |
| Non-recurring operating charges66A | €1,680 | - | - | - |
| Gross operating margin9900 | €19,713 | €21,816 | €13,342 | ▼ 38.8% |
| Operating profit (loss)9901 | €16,982 | €18,992 | €10,089 | ▼ 46.9% |
| Financial income75/76B | €652 | €1,392 | €1,293 | ▼ 7.1% |
| Recurring financial income75 | €652 | €1,392 | €1,293 | ▼ 7.1% |
| Financial charges65/66B | €2,402 | €11,335 | €2,676 | ▼ 76.4% |
| Recurring financial charges65 | €2,402 | €11,335 | €2,676 | ▼ 76.4% |
| Profit (loss) for the period before taxes9903 | €15,232 | €9,048 | €8,707 | ▼ 3.8% |
| Income taxes67/77 | €3,710 | €3,665 | €2,028 | ▼ 44.7% |
| Profit (loss) for the period9904 | €11,522 | €5,383 | €6,679 | ▲ 24.1% |
| Profit (loss) for the period to be appropriated9905 | €11,522 | €5,383 | €6,679 | ▲ 24.1% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €59,997 | €65,895 | €49,729 | ▼ 24.5% |
| Fixed assets21/28 | €1,991 | €5,305 | €4,083 | ▼ 23.0% |
| Tangible fixed assets22/27 | €1,991 | €5,305 | €4,083 | ▼ 23.0% |
| Furniture and vehicles24 | €1,991 | €5,305 | €4,083 | ▼ 23.0% |
| Current assets29/58 | €58,006 | €60,590 | €45,646 | ▼ 24.7% |
| Amounts receivable within one year40/41 | €57,052 | €57,847 | €43,648 | ▼ 24.5% |
| Trade receivables40 | €31,974 | €40,525 | €10,761 | ▼ 73.4% |
| Other amounts receivable41 | €25,078 | €17,322 | €32,887 | ▲ 89.9% |
| Cash at bank and in hand54/58 | €954 | €2,711 | €1,998 | ▼ 26.3% |
| Deferred charges and accrued income490/1 | - | €31 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €59,997 | €65,895 | €49,729 | ▼ 24.5% |
| Equity10/15 | €13,022 | €18,404 | €25,084 | ▲ 36.3% |
| Contributions10/11 | €1,500 | €1,500 | €1,500 | = |
| Profit (loss) carried forward14 | €11,522 | €16,904 | €23,584 | ▲ 39.5% |
| Amounts payable17/49 | €46,975 | €47,491 | €24,646 | ▼ 48.1% |
| Amounts payable after more than one year17 | €328 | - | - | - |
| Financial debts170/4 | €328 | - | - | - |
| Amounts payable within one year42/48 | €46,647 | €47,491 | €18,646 | ▼ 60.7% |
| Current portion of amounts payable after more than one year42 | €984 | €328 | - | - |
| Trade debts44 | €41,953 | €39,787 | €12,965 | ▼ 67.4% |
| Suppliers440/4 | €41,953 | €39,787 | €12,965 | ▼ 67.4% |
| Taxes, remuneration and social security45 | €3,710 | €7,375 | €5,681 | ▼ 23.0% |
| Taxes450/3 | €3,710 | €7,375 | €5,681 | ▼ 23.0% |
| Accrued charges and deferred income492/3 | - | - | €6,000 | - |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,522 | €5,383 | €6,679 | ▲ 24.1% |
| + Depreciation and write-downs630 | €493 | €2,486 | €2,764 | ▲ 11.2% |
| Operating cash flow (approximation) | €12,015 | €7,869 | €9,443 | ▲ 20.0% |
| Investment in fixed assets (approximation) | - | -€5,800 | -€1,542 | ▲ 73.4% |
| Change in cash | - | €1,757 | -€713 | ▼ 141% |
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
2025
22-08
KBO administration
Address struck
2024
18-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 110 days late
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 87 days late
2022
31-12
Financial
Weakest financial yearnet €5,383 ▼53.3%
Net result drops to €5,383, the lowest in the series; recovery starts the following year.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Kraainem · 1 establishment unit since 2020
Ground area
1.1 ha
Building footprint
865 m²
Volume, LiDAR
33,994 m³
Parcel 22002C0073/00N009, Flanders · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
963
companies at this address
See who is registered here
1 establishment unit
CHRONOS CONSTRUCT
since 20202.306.385.430
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 fl. |
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.
Identification & contact
Identification
Legal formPrivate limited company
Founded28-08-2020
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.