Tchavo
ActiveTchavo has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.09M and a net result of €627k. Equity is growing by ~50.9% per year across the filed fiscal years. Its solvency ranks better than 37% of 7932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+2
Solvency56▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity short (current ratio 0.94 against 0.89 in 2024; short-term debt: 22.5% and cash: 1.7% of total assets), and 68.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
31.4%
Return on assets
9.4%
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 46
Relative position
BE, all sectors
reference
Sector 46
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 07-08-2026, 7 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 · 6 filingsDeviation from the deadline
2025
7 d late
2024
37 d early
2023
30 d early
2022
17 d late
2021
50 d late
2020
30 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.09M▲ 42.8%
2024 · €1.47M
2020: €-79k
2021: €238k
2022: €638k
2023: €970k
2024: €1.47M
2020 → 2025
Total assets
€6.66M▲ 6.3%
2024 · €6.27M
2020: €1.25M
2021: €2.46M
2022: €2.56M
2023: €3.06M
2024: €6.27M
2020 → 2025
Net result
€627k▲ 26.5%
2024 · €495k
2020: €-81k
2021: €317k
2022: €400k
2023: €332k
2024: €495k
2020 → 2025
Working capital
€-86k▲ 30.8%
2024 · €-124k
2020: €-689k
2021: €-830k
2022: €-538k
2023: €-305k
2024: €-124k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€238k-€638k▲ 168%€970k▲ 52.1%€1.47M▲ 51.1%€2.09M▲ 42.8%
Operating result€409k-€426k▲ 4.4%€355k▼ 16.8%€528k▲ 48.7%€867k▲ 64.3%
Net result€317k-€400k▲ 26.1%€332k▼ 16.9%€495k▲ 49.1%€627k▲ 26.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 64% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.66M
Fixed assets
€5.25M▲ 0.1%
Current assets
€1.41M▲ 38.1%
Equity and liabilities €6.66M
Equity
€2.09M▲ 42.8%
Debt
€4.57M▼ 4.8%
The debt ratio falls from 76.6% to 68.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€930k▲
2024 · €577k
Cash flow
€690k▲
2024 · €544k
Solvency
31.4%▲
2024 · 23.4%
Current ratio
0.94▲
2024 · 0.89
Quick ratio
0.89▲
2024 · 0.31
Debt / equity
2.18▼
2024 · 3.28
ROE
30.0%▼
2024 · 33.8%
ROA
9.4%▲
2024 · 7.9%
Interest coverage
6.98▼
2024 · 10.10
Debt
€4.57M▼
2024 · €4.80M
Debt ≤ 1 year
€1.50M▲
2024 · €1.15M
Debt > 1 year
€3.07M▼
2024 · €3.65M
Income taxes
€197k▲
2024 · €125k
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€6.27M€6.66M▲
Fixed assets21/28€5.24M€5.25M▲
Tangible fixed assets22/27€1.22M€1.23M▲
Land and buildings22€1.14M€1.15M▲
Plant, machinery and equipment23€77k€69k▼
Furniture and vehicles24€8k€13k▲
Financial fixed assets28€4.02M€4.02M=
Current assets29/58€1.02M€1.41M▲
Stocks and contracts in progress3€673k€83k▼
Stocks30/36€673k€83k▼
Amounts receivable within one year40/41€346k€1.22M▲
Trade receivables40€114k€173k▲
Other amounts receivable41€232k€1.04M▲
Cash at bank and in hand54/58€624€111k▲
Deferred charges and accrued income490/1€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€6.27M€6.66M▲
Equity10/15€1.47M€2.09M▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€1.46M€2.09M▲
Amounts payable17/49€4.80M€4.57M▼
Amounts payable after more than one year17€3.65M€3.07M▼
Financial debts170/4€3.65M€3.07M▼
Amounts payable within one year42/48€1.15M€1.50M▲
Current portion of amounts payable after more than one year42€658k€521k▼
Financial debts43-€500k
Credit institutions430/8-€500k
Trade debts44€92k€222k▲
Suppliers440/4€92k€222k▲
Taxes, remuneration and social security45€310k€244k▼
Taxes450/3€310k€244k▼
Other amounts payable47/48€88k€13k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€63k▲
Other operating charges640/8€12k€7k▼
Gross operating margin9900€589k€937k▲
Operating profit (loss)9901€528k€867k▲
Financial income75/76B€150k€89k▼
Recurring financial income75€150k€89k▼
Financial charges65/66B€57k€133k▲
Recurring financial charges65€57k€133k▲
Profit (loss) for the period before taxes9903€621k€823k▲
Income taxes67/77€125k€197k▲
Profit (loss) for the period9904€495k€627k▲
Profit (loss) for the period to be appropriated9905€495k€627k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.46M€2.09M▲
Profit (loss) brought forward from the previous period14P€968k€1.46M▲
The notes to these accounts (11 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
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 7 days late
2025
31-12
Financial
Highest result since 2020net €627k ▲26.5%
Operating result €867k, net result €627k, both a record.
31-12
Financial
Equity above €2MEq €2.09M ▲42.8%
5 profitable years in a row build equity to €2.09M.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €1MEq €1.47M ▲51.1%
4 profitable years in a row build equity to €1.47M.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 17 days late
2022
31-12
Financial
Equity above €500kEq €638k ▲168%
2 profitable years in a row build equity to €638k.
19-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 50 days late
2021
31-12
Financial
Back to profitnet €317k
Net result €317k after one loss-making year.
31-12
Financial
Equity above €200kEq €238k
Equity rises from €-79k to €238k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Knokke-Heist · 1 establishment unit since 2019
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.
Elizabetlaan 968300 Knokke-HeistGround area
653 m²
Building footprint
651 m²
Volume, LiDAR
12,935 m³
Parcel 31013C0586/00L000, Flanders · tallest building 23.4 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Tchavo
since 20192.294.940.519
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013C0586/00L000 | Flanders | 653 m² | 1 · 651 m² | 23.4 m · 7 fl. |
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.
Recognitions · licences · registrations
Legal Entity Identifier
699400Z01S6OQB9HKJ72
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Of 338 companies in sector 46713 we hold annual accounts for 204. 121 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-10-2019
Fiscal year end31-12
Activities, NACEBEL
45194
46713Wholesale trade
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.