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 is growing by about 47% per year across the filed financial years. Its solvency ranks better than 42% of 8,964 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.

Risk analysisFollow Report Compare

EL CHIKOActiveChecked score 54/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 11-10-2004 Normal situation
Legal form: Private limited company
Registered office: Turnhoutsebaan 297, 2140 Antwerpen
Activity: Wholesale trade NACE 46322and 3 others
Establishment units: 3 establishment units
Financial year end: 31 December
Peppol: Reachable since 22-12-2025

Company details

Who decides

Board

EL MORABIT FaridDirector · since 18-12-2023
EL MORABIT JamalDirector · since 18-12-2023
EL MORABIT SmaelDirector · since 18-12-2023

Board & ownership

How it is doing

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

Financials

Why 54raises riskFigures for financial year 2024 (filed 14-11-2025)1 financial year not filed after the legal deadline; last filed accounts filed 106 days late; 3 of the last 3 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 better than 57% of its sector peers (NACE 46, micro)

Every signal that counts is listed under Signals.

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, 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 insufficient (current ratio 0.79, compared with 0.67 in 2023, below 1; short-term debt: 62.4% and cash: 3.2% of total assets), and 63.2% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 46% 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.

lowers riskraises risk

Figures for financial year 2024 (filed 14-11-2025)

NBB · annual accounts

Founded in 2004

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

1 financial year not filed after the legal deadline; last filed accounts filed 106 days late; 3 of the last 3 late

NBB · filings

Size: 2.1 FTE, total assets €1.6m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

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

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

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

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

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

Documents

Key facts about EL CHIKO

What is the company number of EL CHIKO?: 0869.467.220. In Belgium the VAT number is the company 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?: Private limited company (BV).
When was EL CHIKO 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?: On average 2.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of EL CHIKO?: ≈ €2.6m in financial year 2024. Estimated from the gross margin of €422,861: probably between €2.0m and €4.7m, based on 30 comparable companies, NACE 463.
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)