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IT ChenCorp

Active Private limited companyfounded 2015active for 10 yearsBroekstraat 123, 1700 DilbeekKBO/BCE: BE 0644.977.249

Lifetime

9 annual accounts with figures on one time axis
peak €243,273 (2024)
€243,273▲ 16.7%
lowest -€25,389 (2019)
€180,080▲ 13.0%
peak €446,004 (2024)
€446,004▲ 67.7%
€153,955▲ 24.5%
Board1 name since 2024
Documentsfilings and deeds
30-08-202530 days late
2024micro format
Gross margin from €208,436 to €243,273Equity from €265,924 to €446,004Debts from €123,636 to €153,955Investments €10,134Cash from €10,016 to €5,737

Key points

from the 2024 annual accounts

Equity

€446,004 ▲ 67.7%
€266,0002023€446,0002024

Equity rose in 2024 from €265,924 to €446,004.

Investments

€10,134 2.2 × depreciation
20202021202220232024

Green is investment, beige is depreciation. Machinery stands 65.8% higher than in 2023.

Payment terms

172 days to suppliers
Suppliers
50 to 172
Customers
70 to 77

IT ChenCorp pays its suppliers 122 days later than in 2023. Customers pay 7 days later.

Liquidity

2.49 was 1.45 in 2023

Short-term debts rose from €123,636 to €153,955.

Filings

9 annual accounts 102 days past the deadline
AprilJune31 JulyOctober2020

2025 accounts not filed: deadline was 31-07-2026.

Position in the sector

€180,080

Higher net result than 95% of companies in computer programming and consultancy. Sector median €27,605 · 20,539 companies.

Checked score

51
Fair
Financially stronger than 58% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.7%▲ +0.2 percentage points vs 07-2025 09-2025: 0.4%▼ -0.3 percentage points vs 08-2025lowest value 10-2025: 0.4%● unchanged vs 09-2025lowest value 11-2025: 0.4%● unchanged vs 10-2025lowest value 12-2025: 0.4%● unchanged vs 11-2025lowest value 01-2026: 0.4%● unchanged vs 12-2025lowest value 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 1.5%▲ +1.1 percentage points vs 07-2026 09-2026: 2.0%▲ +0.5 percentage points vs 08-2026 10-2026: 3.2%▲ +1.2 percentage points vs 09-2026highest value 11-2026: 3.2%● unchanged vs 10-2026highest value

Financial strength
Strong

99+6equity 74.3% of total assets
41+1short-term debt 25.7% · cash 1.0%
100=return on assets 30.0%

Score breakdown

raises risk
Figures for financial year 2024 (filed on 30-08-2025)
1 change of registered office in 24 months
Liquidity: current ratio 2.49, cash €5,737
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
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 62, micro). It does better than 68% of them on solvency, 17% on liquidity, 82% on profitability and 64% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 17,811 companies had the same profile as IT ChenCorp has now. Each dot stands for 45 companies, two years later.

96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

The bankruptcy probability of IT ChenCorp itself is higher: 3.2% within 12 months. It rests on far more data about IT ChenCorp than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,811 companies, not a prediction for IT ChenCorp. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €22,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity is ample, with a current ratio of 2.49 (1.45 in 2023), above the usual 1.5. Short-term debt is 25.7% and cash 1% of total assets. 25.7% of the assets are financed with debt and provisions.

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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 30-08-2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Liquidity: current ratio 2.49, cash €5,737
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, 102 days later.
NBB · 9 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
raises risk · 2024 accounts filed 30 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
not filed
2024
30 days late
2023
30 days late
2022
248 days late
2021
613 days late
2020
977 days late
2019
3 days early
← 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 316 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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

Board and ownership

CM
Director
Board & ownership

Recent changes

Left the Peppol Directory
Change of role: CHENOUILI Mohamed, from manager to director “Het kopen en verkopen van eigen onroerend goed (zoals flatgebouwen en woningen, niet-residentiële gebouwen…” (deed in Dutch) · Director discharge: CHENOUILI Mohamed · General meeting of 22-06-2026 · Gazette deed
First establishment Ransfortstraat 19, Molenbeek-Saint-Jean
Incorporation published on 04-01-2016 · Gazette deed
All 19 events

Comparable companies

same main activity, similar in size and age
Company
IT ChenCorp Dilbeek €599,958 €243,273 74.3% -
IMMOBILIEN VENNOOTSCHAP CORNELIS Meise €604,194 €239,842 4.1% -
CHERIMOYA.BE Vilvoorde €510,921 €257,096 -71.7% -
HYBEOS Trooz €572,457 €231,927 3.2% -
Quandyga Engineering Ottignies-Louvain-la-Neuve €635,197 €240,067 56.4% -
TRAFFICONLINE Torhout €600,347 €242,490 58.9% -
KDCCVM Ghent €589,594 €252,390 33.1% -

These companies have the same main activity as IT ChenCorp: computer programming (NACE 62100). They are comparable in size and age: total assets between €511,000 and €635,000, founded between 2014 and 2016.

Official details

Source: KBO
Status
Active since 30-12-2015Normal situation
Activity
Computer programmingNACE 62100and 1 other
Establishment unit
2.248.566.2051080 Molenbeek-Saint-Jean, since 18-01-2016
Financial year end
31 December
Peppol
Left the register on 20-10-2026
Company details

Annual accounts 2024

€599,958▲ 54.0%
Filing
Filed on 30-08-2025
Financials

Insights on IT ChenCorp

IT ChenCorp files the micro format. That format states no turnover. The gross margin rose from €77,617 in 2016 to €243,273 in 2024.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about IT ChenCorp

What is the company number of IT ChenCorp?
The company number of IT ChenCorp is 0644.977.249. The VAT number is the same number with BE in front: BE 0644.977.249.
Where is IT ChenCorp based?
The registered office is at Broekstraat 123, 1700 Dilbeek.Company details
What does IT ChenCorp do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of IT ChenCorp?
IT ChenCorp is a private limited company (BV).
When was IT ChenCorp founded?
IT ChenCorp was founded on 30-12-2015.
Is IT ChenCorp still active?
Yes, IT ChenCorp is an active enterprise in the KBO register.
What is the turnover of IT ChenCorp?
The turnover of IT ChenCorp was €309,243 in financial year 2024, according to the filed annual accounts.Financials
Is IT ChenCorp profitable?
In financial year 2024, IT ChenCorp made a profit of €180,080.
Where can I find the annual accounts of IT ChenCorp?
IT ChenCorp filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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