Garage CHIF
ActiveGarage CHIF has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.72M and a net result of €433k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 72% of 435 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▲+5
Solvency93▲+3
Growth40▲+3
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €600k at 30 days acceptable
Liquidity ample (current ratio 2.69 against 2.46 in 2024; short-term debt: 31.9% and cash: 30.6% of total assets), and 31.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
68.1%
Return on assets
3.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
29 d late
2023
776 d late
2022
30 d late
2021
1 d late
2020
31 d late
2019
24 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€34.48M▲ 14.0%
2024 · €30.26M
2018: €49.85M
2019: €45.54M
2020: €36.18M
2021: €38.80M
2022: €30.52M
2023: €32.53M
2024: €30.26M
2018 → 2025
EBIT margin
1.7%▲ 1.3pp
2024 · 0.4%
2018: 3.9%
2019: 2.7%
2020: 0.6%
2021: 2.1%
2022: 0.9%
2023: -0.8%
2024: 0.4%
2018 → 2025
Net result
€433k▲ 426%
2024 · €82k
2018: €1.51M
2019: €517k
2020: €171k
2021: €477k
2022: €-24k
2023: €-397k
2024: €82k
2018 → 2025
Working capital
€6.13M▲ 7.2%
2024 · €5.72M
2018: €5.51M
2019: €6.51M
2020: €6.35M
2021: €6.68M
2022: €6.72M
2023: €6.04M
2024: €5.72M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€38.80M-€30.52M▼ 21.3%€32.53M▲ 6.6%€30.26M▼ 7.0%€34.48M▲ 14.0%
Equity€7.81M-€7.78M▼ 0.3%€7.20M▼ 7.4%€7.29M▲ 1.1%€7.72M▲ 5.9%
Operating result€811k-€281k▼ 65.3%€-269k€124k€578k▲ 366%
Net result€477k-€-24k€-397k▼ 1,531%€82k€433k▲ 426%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 366% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11.34M
Fixed assets
€1.59M▲ 1.4%
Current assets
€9.75M▲ 1.2%
Equity and liabilities €11.34M
Equity
€7.72M▲ 5.9%
Debt
€3.62M▼ 7.6%
The debt ratio falls from 35.0% to 31.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.03M▲
2024 · €470k
Cash flow
€887k▲
2024 · €428k
Solvency
68.1%▲
2024 · 65.0%
Current ratio
2.69▲
2024 · 2.46
Quick ratio
1.69▲
2024 · 1.46
Debt / equity
0.47▼
2024 · 0.54
ROE
5.6%▲
2024 · 1.1%
ROA
3.8%▲
2024 · 0.7%
Interest coverage
33.63▲
2024 · 12.31
Debt
€3.62M▼
2024 · €3.92M
Debt ≤ 1 year
€3.62M▼
2024 · €3.92M
Income taxes
€116k▲
2024 · €4k
Staff costs
€2.93M▲
2024 · €2.68M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€11.21M€11.34M▲
Fixed assets21/28€1.57M€1.59M▲
Tangible fixed assets22/27€1.57M€1.59M▲
Land and buildings22€1.39M€1.37M▼
Plant, machinery and equipment23€12k€56k▲
Furniture and vehicles24€166k€162k▼
Financial fixed assets28€304€304=
Other financial fixed assets284/8€304€304=
Amounts receivable and cash guarantees285/8€304€304=
Current assets29/58€9.64M€9.75M▲
Stocks and contracts in progress3€3.93M€3.62M▼
Stocks30/36€3.93M€3.62M▼
Goods purchased for resale34€3.93M€3.62M▼
Amounts receivable within one year40/41€1.86M€2.52M▲
Trade receivables40€131k€883k▲
Other amounts receivable41€1.73M€1.64M▼
Cash at bank and in hand54/58€3.76M€3.47M▼
Deferred charges and accrued income490/1€86k€147k▲
Equity and liabilities
Total equity and liabilities10/49€11.21M€11.34M▲
Equity10/15€7.29M€7.72M▲
Contributions10/11€2.10M€2.10M=
Capital10€2.10M€2.10M=
Issued capital100€2.10M€2.10M=
Reserves13€634k€634k=
Non-distributable reserves130/1€210k€210k=
Legal reserve130€210k€210k=
Tax-exempt reserves132€424k€424k=
Profit (loss) carried forward14€4.56M€4.99M▲
Amounts payable17/49€3.92M€3.62M▼
Amounts payable within one year42/48€3.92M€3.62M▼
Trade debts44€3.72M€3.21M▼
Suppliers440/4€3.72M€3.21M▼
Taxes, remuneration and social security45€203k€416k▲
Taxes450/3-€126k
Remuneration and social security454/9€203k€289k▲
Income statement
Code20242025
Operating income70/76A€30.44M€34.74M▲
Turnover70€30.26M€34.48M▲
Other operating income74€179k€247k▲
Non-recurring operating income76A€8k€10k▲
Operating charges60/66A€30.32M€34.16M▲
Goods for resale, raw materials and consumables60€24.29M€27.60M▲
Purchases600/8€23.90M€27.28M▲
Change in stocks: decrease (increase)609€395k€312k▼
Services and other goods61€3.06M€3.12M▲
Remuneration, social security and pensions62€2.68M€2.93M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€346k€453k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-67k€51k▲
Other operating charges640/8€11k€16k▲
Operating profit (loss)9901€124k€578k▲
Financial income75/76B-€2k
Recurring financial income75-€2k
Other financial income752/9-€2k
Financial charges65/66B€38k€31k▼
Recurring financial charges65€38k€31k▼
Other financial charges652/9€38k€31k▼
Profit (loss) for the period before taxes9903€86k€549k▲
Income taxes67/77€4k€116k▲
Taxes670/3€4k€116k▲
Profit (loss) for the period9904€82k€433k▲
Profit (loss) for the period to be appropriated9905€82k€433k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4.56M€4.99M▲
Profit (loss) brought forward from the previous period14P€4.47M€4.56M▲
Social balance
Average headcount (FTE)908746.251.1▲
The notes to these accounts (28 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 776 days late
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 28 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
31-12
Financial
Back to profitnet €82k
Net result €82k after 2 loss-making years.
2023
31-12
Financial
Weakest financial yearnet €-397k
Net result drops to €-397k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 1 day late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 24 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 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, Charleroi · 3 establishment units since 1981
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue Caporal Alain Debatty 606060 CharleroiGround area
8,399 m²
Building footprint
2,318 m²
Volume, LiDAR
14,914 m³
3 parcels, Wallonia · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
3 establishment units
GARAGE CHIF
since 19812.020.282.049
Garage Chif
since 20032.134.960.694
Garage CHIF
since 20032.136.052.341
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55015B0025/19W000 | Wallonia | 3,779 m² | 1 · 1,102 m² | 6.9 m · 2 fl. |
| 52342B0245/00X000 | Wallonia | 2,612 m² | 1 · 923 m² | 8.1 m · 2 fl. |
| 52342A0399/00D002 | Wallonia | 2,007 m² | 1 · 293 m² | 14.7 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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AB - LEASE
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ALL CAR LEASE
BE 0446.123.685
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CARUUR
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DENP
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Of 1,443 companies in sector 77110 we hold annual accounts for 727. 143 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-06-1981
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
50103
77110Renting and leasing of cars and light motor vehicles
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
45402
47830Retail sale of motorcycles and motorcycle parts and accessories
50200
50302
77210Renting and leasing of sports and recreation goods
Sources
Crossroads Bank for EnterprisesNational Bank · 44 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.