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EL CHIKO

Active
Private limited companyfounded 2004active for 22 yearsTurnhoutsebaan 297, 2140 Antwerpen, BelgiumKBO/BCE: BE 0869.467.220

From the official registers: KBO 19 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of EL CHIKO is 2.2% (moderate). The 2024 annual accounts show equity of €572,104 and a net result of €168,766. Equity has been growing by about 47% per year since 2018. Its solvency ranks better than 42% of 8,965 sector peers (NACE 46, financial year 2024). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 11-10-2004 Normal situation
Activity
Wholesale trade NACE 46322and 3 others
Establishment units
3 establishment units
Financial year end
31 December
Peppol
Reachable since 22-12-2025

Board and ownership

Board

Financial position

54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.2%
Annual accounts 2024
Gross margin
€422,861
▼ 20.8%
Turnover
≈ €2.6m
estimated
Profit
€168,766
▼ 13.6%
Equity
€572,104
▲ 41.8%
Total assets
€1.6m
▲ 43.7%
Staff
2.1 FTE
▲ 425%
2025 accounts not filed, 93 days past the deadline
Filed on 14-11-2025PDF
Score breakdownraises riskFigures for financial year 2024 (filed on 14-11-2025)1 financial year not filed after the legal deadline; last filed accounts filed 106 days late; 3 of the last 3 accounts latelowers riskFounded in 2004Size: 2.1 FTE, total assets €1.6mShow the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 57% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2023
Average
Solvency 62=
equity 36.8% of total assets
Liquidity 21-29
short-term debt 62.4% · cash 3.2%
Profitability 82-9
return on assets 10.9%
Bankruptcy probability within 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: 2.9% 12-2024: 3.4%▲ +0.5 percentage points vs 11-2024 01-2025: 6.2%▲ +2.8 percentage points vs 12-2024 02-2025: 6.2%● unchanged vs 01-2025 03-2025: 6.2%● unchanged vs 02-2025highest value 04-2025: 0.9%▼ -5.3 percentage points vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 1.0%▲ +0.1 percentage points vs 05-2025 07-2025: 1.1%▲ +0.1 percentage points vs 06-2025 08-2025: 1.6%▲ +0.5 percentage points vs 07-2025 09-2025: 1.7%▲ +0.1 percentage points vs 08-2025 10-2025: 2.4%▲ +0.7 percentage points vs 09-2025 11-2025: 2.2%▼ -0.2 percentage points vs 10-2025 12-2025: 0.9%▼ -1.3 percentage points vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.8%▼ -0.1 percentage points vs 03-2026 05-2026: 0.9%▲ +0.1 percentage points vs 04-2026 06-2026: 0.8%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 0.9%▲ +0.1 percentage points vs 06-2026 08-2026: 1.5%▲ +0.6 percentage points vs 07-2026 09-2026: 1.6%▲ +0.1 percentage points vs 08-2026 10-2026: 2.2%▲ +0.6 percentage points vs 09-2026
Credit of up to €30,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is insufficient, with a current ratio of 0.79 (0.67 in 2023), below 1. Short-term debt is 62.4% and cash 3.2% of total assets. 63.2% of the assets are financed with debt and provisions.
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 46, micro). It does better than 46% of them on solvency, 20% on liquidity, 76% on profitability and 86% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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

Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 14-11-2025)
NBB · annual accounts
lowers risk · Founded in 2004
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 106 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Size: 2.1 FTE, total assets €1.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 106 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-11-2025, 106 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
106 days late
2023
231 days late
2022
135 days late
2021
144 days late
2020
208 days late
2019
132 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 159 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 7 profitable years in a rowprofit 2024: €168,766 7 years View
  • Positive: Equity rose in 2024from €403,339 to €572,104 ▲ 41.8% View

Comparable companies

These companies have the same main activity as EL CHIKO: wholesale trade (NACE 46322). They are comparable in size and age: total assets between €826,000 and €5.1m, founded between 1993 and 2010.

CompanyTotal assetsGross margin
EL CHIKO Antwerpen€1.6m€0.4m
Vlees van Vandaag Hoogstraten€1.4m€0.3m
CTO Food Schoten€1.5m€0.6m
COQARDENNE Bertrix€3.6m€0.1m
'T VLEESSTO(C)KJE Rumst€0.8m€0.7m
RAVERCO Buggenhout€5.1m€1.2m
COPROBEL Fernelmont€2.1m€0.4m
Full comparison

Documents

Annual accounts at the NBB

All 19 annual accounts

Articles and registers

Key facts about EL CHIKO

What is the company number of EL CHIKO?
The company number of EL CHIKO is 0869.467.220. The VAT number is the same number with BE in front: BE 0869.467.220.
Where is EL CHIKO based?
The registered office is at Turnhoutsebaan 297, 2140 Antwerpen.Company details
What does EL CHIKO do?
According to the KBO register, the main activity is wholesale trade (NACE 46322).
What is the legal form of EL CHIKO?
The legal form of EL CHIKO is Private limited company (BV).
When was EL CHIKO founded?
EL CHIKO was founded on 11-10-2004.
Is EL CHIKO still active?
Yes, EL CHIKO is an active enterprise in the KBO register.
How many employees does EL CHIKO have?
EL CHIKO had an average of 2.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of EL CHIKO?
The turnover in financial year 2024 is ≈ €2.6m. This figure is estimated from the gross margin of €422,861 and 30 comparable companies (NACE 463). It probably lies between €2.0m and €4.7m.
Is EL CHIKO profitable?
In financial year 2024, EL CHIKO made a profit of €168,766.
Where can I find the annual accounts of EL CHIKO?
EL CHIKO filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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