LE CHAF
ActiveLE CHAF has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-169k) and a net result of €-38k. Equity is shrinking by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 513 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability67▲+52
Solvency19▼-1
Growth39=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.09 against 1.79 in 2023; short-term debt: 35.3% and cash: 6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 88
Relative position
BE, all sectors
reference
Sector 88
lower
← fewer bankruptcies
more bankruptcies →
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
-6.1%
Return on assets
-1.4%
Age of the figures
20 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-169k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
20 d early
2023
7 d late
2022
39 d late
2021
31 d late
2020
16 d early
2019
47 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€3.89M▲ 23.7%
2022 · €3.15M
2020: €3.34M
2021: €3.31M
2022: €3.15M
2020 → 2023
EBIT margin
-3.5%▼ 3.6pp
2022 · 0.1%
2020: 0.2%
2021: 0.5%
2022: 0.1%
2020 → 2023
Net result
€-38k▲ 64.6%
2023 · €-107k
2018: €14k
2019: €9k
2020: €18k
2021: €14k
2022: €5k
2023: €-107k
2018 → 2024
Working capital
€92k▼ 87.3%
2023 · €728k
2018: €416k
2019: €517k
2020: €1.29M
2021: €1.29M
2022: €1.04M
2023: €728k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€3.34M-€3.31M▼ 0.8%€3.15M▼ 5.0%€3.89M▲ 23.7%
Equity€-80k-€-58k▲ 26.9%€-2k▲ 96.6%€-125k▼ 6,300%€-169k▼ 35.7%
Operating result€6k-€17k▲ 180%€2k▼ 86.9%€-136k€-43k▲ 68.5%
Net result€18k-€14k▼ 20.1%€5k▼ 63.6%€-107k€-38k▲ 64.6%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €43k in 2024 against €136k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.79M
Fixed assets
€1.72M▲ 78.0%
Current assets
€1.08M▼ 34.5%
Key figures and ratios
EBITDA
€71k▲
2023 · €-22k
Cash flow
€76k▲
2023 · €7k
Solvency
-6.1%▼
2023 · -4.8%
Current ratio
1.09▼
2023 · 1.79
Quick ratio
1.09▼
2023 · 1.79
Debt / equity
-17.50▲
2023 · -21.91
ROA
-1.4%▲
2023 · -4.1%
Interest coverage
8.08▲
2023 · -2.46
Debt
€2.96M▲
2023 · €2.73M
Debt ≤ 1 year
€985k▲
2023 · €917k
Debt > 1 year
€548k▼
2023 · €593k
Staff costs
€2.79M▼
2023 · €2.84M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.61M€2.79M▲
Fixed assets21/28€964k€1.72M▲
Tangible fixed assets22/27€963k€1.71M▲
Land and buildings22€156k€137k▼
Plant, machinery and equipment23€518k€465k▼
Furniture and vehicles24€44k€32k▼
Assets under construction and advance payments27€245k€1.08M▲
Financial fixed assets28€1k€1k=
Current assets29/58€1.64M€1.08M▼
Amounts receivable within one year40/41€622k€280k▼
Trade receivables40€74k€65k▼
Other amounts receivable41€548k€214k▼
Current investments50/53€600k€600k=
Cash at bank and in hand54/58€397k€168k▼
Deferred charges and accrued income490/1€26k€29k▲
Equity and liabilities
Total equity and liabilities10/49€2.61M€2.79M▲
Equity10/15€-125k€-169k▼
Profit (loss) carried forward14€-196k€-234k▼
Investment grants15€71k€65k▼
Amounts payable17/49€2.73M€2.96M▲
Amounts payable after more than one year17€593k€548k▼
Financial debts170/4€593k€548k▼
Amounts payable within one year42/48€917k€985k▲
Current portion of amounts payable after more than one year42€47k€46k▼
Trade debts44€246k€215k▼
Suppliers440/4€246k€215k▼
Taxes, remuneration and social security45€396k€462k▲
Taxes450/3€55k€71k▲
Remuneration and social security454/9€341k€390k▲
Accrued charges and deferred income492/3€1.22M€1.43M▲
Income statement
Code20232024
Turnover70€3.89M-
Non-recurring operating income76A€0€1k▲
Goods, raw materials, services and sundry goods60/61€529k€444k▼
Remuneration, social security and pensions62€2.84M€2.79M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€115k€114k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k€13k▲
Other operating charges640/8€542k€508k▼
Non-recurring operating charges66A€991€19k▲
Gross operating margin9900€3.36M€3.40M▲
Operating profit (loss)9901€-136k€-43k▲
Financial income75/76B€38k€14k▼
Recurring financial income75€16k€14k▼
Non-recurring financial income76B€23k-
Financial charges65/66B€9k€9k▼
Recurring financial charges65€9k€9k▼
Non-recurring financial charges66B€483€0▼
Profit (loss) for the period before taxes9903€-107k€-38k▲
Profit (loss) for the period9904€-107k€-38k▲
Profit (loss) for the period to be appropriated9905€-107k€-38k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-196k€-234k▼
Profit (loss) brought forward from the previous period14P€-89k€-196k▼
Social balance
Average headcount (FTE)908751.848.8▼
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
28-07
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment17 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment17 facts ▸
- General meeting, 15/06/2026
- Director resignation, De Formanoir de la Cazerie Michèle (administratrice)
- Director appointment, Antonella Lo Russo (administratrice)
- Auditor appointment, SRL Joiris -- Rousseaux, Réviseurs d'Entreprises associés (commissaire)
- Permanent representative, Sébastien GONET
- Director appointment, Dominique Van De Sype (Président)
- Director appointment, Fabian Lemaitre (Secrétaire)
- Director appointment, Myriam Dubuisson (Trésorière)
- Director appointment, Alain Baulin (Membre)
- Director appointment, Murielle Draps (Membre)
- Director appointment, Fabienne Clément (Membre)
- Director appointment, Henri Mégali (Membre)
- +5 further facts in this act
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 7 days late
2023
31-12
Financial
Weakest financial yearnet €-107k ▼2185%
Net result drops to €-107k, the lowest in the series; recovery starts the following year.
08-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 39 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €18k ▲90.6%
Net result €18k, the highest in the series.
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 47 days late
2019
16-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 77 days late
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 22 days late
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26096859). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Baulin Alain
CurrentMembre · since 28-07-2026
Clément Fabienne
CurrentMembre · since 28-07-2026
Dominique VAN DE SYPE
CurrentChair · since 28-07-2026
Fabrice MINSART
CurrentMembre · since 28-07-2026
Henri Mégali
CurrentMembre · since 28-07-2026
Lemaitre Fabian
CurrentSecrétaire · since 28-07-2026
+ 6 not shown in this overview
28-07-2026
Baulin Alain: Appointed as Membre
28-07-2026
Clément Fabienne: Appointed as Membre
28-07-2026
Dominique VAN DE SYPE: Appointed as Chair
28-07-2026
Fabrice MINSART: Appointed as Membre
28-07-2026
Henri Mégali: Appointed as Membre
28-07-2026
Lemaitre Fabian: Appointed as Secrétaire
28-07-2026
Murielle Draps: Appointed as Membre
28-07-2026
Myriam Dubuisson: Appointed as Trésorière
28-07-2026
NOEL Bernard: Appointed as Membre
28-07-2026
Pittevils Joseph: Appointed as Membre
28-07-2026
Thomas Stavros: Appointed as Membre
28-07-2026
Antonella Lo Russo: Appointed as Membre
15-06-2026
Antonella Lo Russo: Appointed as Director
15-06-2026
Michèle de FORMANOIR de la CAZERIE: Resigned as Director
30-12-2025
Annie Bertinchamps: Resigned as Director
30-12-2025
Guy Sampo: Resigned as Director
30-12-2025
Johannes Fastrez: Resigned as Director
30-12-2025
Marc Timmermans: Resigned as Director
22-07-2025
Céline Bruyninckx: Resigned as Director
08-10-2024
Joseph Casagrande: Resigned as Director
08-10-2024
Marie Ghislaine Behaegel: Resigned as Director
08-10-2024
Marie Martine Slupianek: Resigned as Director
08-10-2024
Micheline Balsat: Resigned as Director
08-10-2024
Serge Fourmeau: Resigned as Director
+ 6 not shown in this overview
Location & real-estate footprint
Registered office, Farciennes · 1 establishment unit since 1988
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.
Rue Jules Maltaux(FAR) 626240 FarciennesGround area
14 m²
Parcel 52018B0738/00T000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Le Chaf
since 19882.155.849.645
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52018B0738/00T000 | Wallonia | 14 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
24 connected companiesLinked via shared directors
viaNOEL Bernard · Director
→
viaDominique VAN DE SYPE · Président du ca
→
viaMurielle Draps · Director
→
viaFabrice MINSART · Vice président
→
Show 20 more companies with a shared director
viaDominique VAN DE SYPE · Director
→
viaNOEL Bernard
former→
viaNOEL Bernard · Director
former→
viaDominique VAN DE SYPE · Director
former→
viaNOEL Bernard · Director
former→
viaNOEL Bernard · Chair
former→
viaDominique VAN DE SYPE · Director
former→
viaDominique VAN DE SYPE · Director
former→
viaNOEL Bernard
former→
viaNOEL Bernard · Director
former→
viaMurielle Draps · Directrice
former→
viaAntonella Lo Russo · Director
former→
viaDominique VAN DE SYPE · Administrateur et membre de l'ag représentant le territoire du centre, charleroi et soignies
former→
viaDominique VAN DE SYPE · Director
former→
viaDominique VAN DE SYPE · Director
former→
viaNOEL Bernard · Director
former→
viaAntonella Lo Russo · Director
former→
viaNOEL Bernard · Director
former→
viaNOEL Bernard · Director
former→
viaNOEL Bernard
former→
Recognitions · licences · registrations
Food safety, FASFC
1 siteFarciennes2.155.849.645
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Of 284 companies in sector 88993 we hold annual accounts for 246. 204 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded30-05-1988
Fiscal year end31-12
Activities, NACEBEL
85322
88993Social work activities without accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryWebsite:www.le-chaf.be