du CHAN
ActiveSummary
The computed 12-month bankruptcy probability of du CHAN is 1.6% (moderate). The 2024 annual accounts show equity of €81,176 and a net result of €7,391. Equity is growing by ~42.4% per year across the filed fiscal years. The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability37▼-17
Solvency54▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 2.42 against 2.59 in 2023; short-term debt: 28.5% and cash: 58.7% of total assets), but 70.7% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2024Solvency, return and age of the figures
Solvency
29.3%
Return on assets
2.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
70 d late
2022
91 d late
2021
61 d late
2020
61 d late
2019
97 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 74 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€7,391▼ 75.9%
2023 · €30,646
Working capital
€112,604▲ 5.7%
2023 · €106,575
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€72,110€76,379▲ 5.9%€41,262▼ 46.0%€61,813▲ 49.8%€41,134▼ 33.5%
Net result€62,868€52,079▼ 17.2%€15,184▼ 70.8%€30,646▲ 102%€7,391▼ 75.9%
Equity-€24,125▲ 72.3%€27,954€43,139▲ 54.3%€73,785▲ 71.0%€81,176▲ 10.0%
Total assets€222,917▲ 76.2%€208,028▼ 6.7%€219,645▲ 5.6%€261,529▲ 19.1%€276,848▲ 5.9%
Debt€131,263▲ 37.1%€66,346▼ 49.5%€64,905▼ 2.2%€78,340▲ 20.7%€88,529▲ 13.0%
Working capital€25,959€71,277▲ 175%€89,766▲ 25.9%€106,575▲ 18.7%€112,604▲ 5.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 33% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €276,848
Fixed assets
€85,216 ▼ 2.9%
Current assets
€191,632 ▲ 10.3%
Equity and liabilities €276,848
Equity
€81,176 ▲ 10.0%
Provisions
€107,143 ▼ 2.1%
Debt
€88,529 ▲ 13.0%
Debt's share of the balance-sheet total rises from 30.0% to 32.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€50,102▼
2023 · €70,569
Cash flow
€16,360▼
2023 · €39,402
Current ratio
2.42▼
2023 · 2.59
Debt to equity
1.09▲
2023 · 1.06
ROE
9.1%▼
2023 · 41.5%
ROA
2.7%▼
2023 · 11.7%
Interest coverage
1.75▼
2023 · 2.51
Debt ≤ 1 year
€79,029▲
2023 · €67,190
Income taxes
€5,064▲
2023 · €3,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,984 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
2.3%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.6% 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 497,341 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 3,984 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,138 | €7,932 | €7,932 | €8,756 | €8,968 | ▲ 2.4% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€2,050 | -€2,127 | -€2,198 | -€2,261 | ▼ 2.9% |
| Other operating charges640/8 | - | €4,591 | €2,420 | €3,526 | €3,134 | ▼ 11.1% |
| Gross operating margin9900 | €81,954 | €86,853 | €49,486 | €71,898 | €50,976 | ▼ 29.1% |
| Operating profit (loss)9901 | €72,110 | €76,379 | €41,262 | €61,813 | €41,134 | ▼ 33.5% |
| Financial income75/76B | - | €1 | €11 | €0 | - | - |
| Recurring financial income75 | €448 | €1 | €11 | €0 | - | - |
| Financial charges65/66B | - | €24,302 | €26,089 | €28,167 | €28,678 | ▲ 1.8% |
| Recurring financial charges65 | €23,168 | €24,302 | €26,089 | €28,167 | €28,678 | ▲ 1.8% |
| Profit (loss) for the period before taxes9903 | €49,390 | €52,079 | €15,184 | €33,646 | €12,456 | ▼ 63.0% |
| Income taxes67/77 | -€13,478 | - | - | €3,000 | €5,064 | ▲ 68.8% |
| Profit (loss) for the period9904 | €62,868 | €52,079 | €15,184 | €30,646 | €7,391 | ▼ 75.9% |
| Profit (loss) for the period to be appropriated9905 | €62,868 | €52,079 | €15,184 | €30,646 | €7,391 | ▼ 75.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €222,917 | €208,028 | €219,645 | €261,529 | €276,848 | ▲ 5.9% |
| Fixed assets21/28 | €89,488 | €81,556 | €73,624 | €87,764 | €85,216 | ▼ 2.9% |
| Tangible fixed assets22/27 | €89,287 | €81,355 | €73,423 | €87,563 | €85,015 | ▼ 2.9% |
| Land and buildings22 | - | €80,397 | €72,949 | €87,563 | €79,098 | ▼ 9.7% |
| Furniture and vehicles24 | - | €958 | €474 | - | €5,917 | - |
| Financial fixed assets28 | €201 | €201 | €201 | €201 | €201 | = |
| Current assets29/58 | €133,429 | €126,472 | €146,021 | €173,765 | €191,632 | ▲ 10.3% |
| Amounts receivable within one year40/41 | €35,207 | €19,901 | €9,446 | €8,276 | €9,066 | ▲ 9.5% |
| Trade receivables40 | - | €19,901 | €9,446 | €8,276 | €9,066 | ▲ 9.5% |
| Current investments50/53 | €19,181 | €19,181 | €19,181 | €19,181 | €19,181 | = |
| Cash at bank and in hand54/58 | €78,707 | €86,423 | €115,753 | €142,243 | €162,418 | ▲ 14.2% |
| Deferred charges and accrued income490/1 | - | €968 | €1,641 | €4,065 | €968 | ▼ 76.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €222,917 | €208,028 | €219,645 | €261,529 | €276,848 | ▲ 5.9% |
| Equity10/15 | -€24,125 | €27,954 | €43,139 | €73,785 | €81,176 | ▲ 10.0% |
| Contributions10/11 | - | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Reserves13 | €2,479 | €2,479 | €2,479 | €32,479 | €39,479 | ▲ 21.6% |
| Non-distributable reserves130/1 | - | €2,479 | €2,479 | €2,479 | €2,479 | = |
| Reserves not available under the articles1311 | - | €2,479 | €2,479 | €2,479 | €2,479 | = |
| Distributable reserves133 | - | - | - | €30,000 | €37,000 | ▲ 23.3% |
| Profit (loss) carried forward14 | -€51,604 | €475 | €15,660 | €16,306 | €16,697 | ▲ 2.4% |
| Provisions and deferred taxes16 | €115,779 | €113,729 | €111,601 | €109,404 | €107,143 | ▼ 2.1% |
| Provisions for liabilities and charges160/5 | - | €113,729 | €111,601 | €109,404 | €107,143 | ▼ 2.1% |
| Pensions and similar obligations160 | - | €113,729 | €111,601 | €109,404 | €107,143 | ▼ 2.1% |
| Amounts payable17/49 | €131,263 | €66,346 | €64,905 | €78,340 | €88,529 | ▲ 13.0% |
| Amounts payable after more than one year17 | €5,000 | €5,000 | - | - | - | - |
| Other amounts payable178/9 | - | €5,000 | - | - | - | - |
| Amounts payable within one year42/48 | €107,470 | €55,196 | €56,255 | €67,190 | €79,029 | ▲ 17.6% |
| Trade debts44 | €16,754 | €13,174 | €8,277 | €10,478 | €14,692 | ▲ 40.2% |
| Suppliers440/4 | - | €13,174 | €8,277 | €10,478 | €14,692 | ▲ 40.2% |
| Taxes, remuneration and social security45 | - | - | - | €3,177 | €8,242 | ▲ 159% |
| Taxes450/3 | - | - | - | €3,177 | €8,242 | ▲ 159% |
| Other amounts payable47/48 | - | €42,022 | €47,978 | €53,535 | €56,095 | ▲ 4.8% |
| Accrued charges and deferred income492/3 | - | €6,150 | €8,650 | €11,150 | €9,500 | ▼ 14.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €62,868 | €52,079 | €15,184 | €30,646 | €7,391 | ▼ 75.9% |
| + Depreciation and write-downs630 | €7,138 | €7,932 | €7,932 | €8,756 | €8,968 | ▲ 2.4% |
| Operating cash flow (approximation) | €70,006 | €60,011 | €23,117 | €39,402 | €16,360 | ▼ 58.5% |
| Investment in fixed assets (approximation) | - | -€0 | €0 | -€22,896 | -€6,420 | ▲ 72.0% |
| Change in cash | - | €7,716 | €29,331 | €26,489 | €20,175 | ▼ 23.8% |
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
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 70 days late
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 91 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 61 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Back to profitnet €62,868
Net result €62,868 after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.24
Current ratio from 0.42 to 1.24.
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 97 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 92 days late
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 273 days late
29-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 637 days late
2018
31-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 883 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Pieters-Woluwe
Ground area
520 m²
Building footprint
292 m²
Volume, LiDAR
2,149 m³
Parcel 21019A0203/00E011, Brussels · tallest building 13.4 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21019A0203/00E011 | Brussels | 520 m² | 1 · 292 m² | 13.4 m · 3 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.
Recognitions · licences · registrations
Legal Entity Identifier
967600DA74KALS8HYD30
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded04-08-1995
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0455785182
Also
9925:BE0455785182
Registered
27-06-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.