THE CHAMADE
The computed 12-month bankruptcy probability of THE CHAMADE is 1.5% (moderate). The 2025 annual accounts show equity of €53k and a net result of €13k. Equity is growing by ~73.2% per year across the filed fiscal years. Its solvency ranks better than 63% of 1106 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €53k |
| Net result | €13k |
| Staff (FTE) | 9.7 |
| Better than sector | 63% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 40.3% | 25.6% | |
| Net result | €13k | €7k | |
| Equity | €53k | €22k | |
| Gross operating margin | €156k | €63k | |
| Staff costs | €126k | €51k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €26k | €38k | €44k | €-7k |
| Net profit | €13k | €24k | €21k | €-30k |
| Cash flow | €24k | €33k | €25k | €-26k |
| Staff costs | €126k | €107k | €82k | €63k |
| Income taxes | €1k | €2k | €892 | €237 |
| Dividends | - | - | - | - |
| Total assets | €130k | €119k | €105k | €67k |
| Equity | €53k | €39k | €16k | €-5k |
| Debt | €78k | €79k | €89k | €72k |
| of which ≤ 1y | €67k | €61k | €61k | €56k |
| of which > 1y | €11k | €18k | €26k | - |
| Working capital | €25k | €24k | €8k | €-4k |
| Employees (FTE) | 9.7 | 7.6 | 7.2 | 7.5 |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 1.37 | 1.39 | 1.12 | 0.93 |
| Quick ratio | 1.03 | 0.94 | 0.79 | 0.71 |
| Working capital ratio | 19.2% | 20.0% | 7.3% | -6.1% |
| Solvency | 40.3% | 33.2% | 15.2% | -8.0% |
| Debt / equity | 1.48 | 2.01 | 5.56 | -13.54 |
| Long-term debt ratio | 0.20 | 0.46 | 1.61 | - |
| Interest coverage | 10.68 | 12.87 | 2.45 | -0.35 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 10.0% | 19.8% | 20.3% | -44.5% |
| ROE | 24.9% | 59.5% | 133.3% | 558.3% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €130k | €119k | €105k | €67k |
| Fixed assets | 21/28 | €38k | €34k | €36k | €15k |
| Tangible fixed assets | 22/27 | €38k | €34k | €36k | €14k |
| Financial fixed assets | 28 | €363 | €363 | €363 | €363 |
| Current assets | 29/58 | €92k | €85k | €69k | €52k |
| Stocks & contracts in progress | 3 | €23k | €28k | €20k | €12k |
| Amounts receivable within one year | 40/41 | €10k | €6k | €12k | €756 |
| Cash & bank | 54/58 | €54k | €48k | €35k | €38k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €130k | €119k | €105k | €67k |
| Equity | 10/15 | €53k | €39k | €16k | €-5k |
| Contributions / capital | 10/11 | €6k | €6k | €6k | €6k |
| Reserves | 13 | €46k | €33k | €10k | €846 |
| Accumulated profits (losses) | 14 | - | - | - | €-12k |
| Amounts payable | 17/49 | €78k | €79k | €89k | €72k |
| Amounts payable after one year | 17 | €11k | €18k | €26k | - |
| Amounts payable within one year | 42/48 | €67k | €61k | €61k | €56k |
| Trade debts payable within one year | 44 | €27k | €19k | €35k | €23k |
| Income statement | |||||
| Gross operating margin | 9900 | €156k | €150k | €130k | €61k |
| Operating result | 9901 | €15k | €29k | €40k | €-11k |
| Financial income | 75 | €2k | €1 | €261 | - |
| Financial charges | 65 | €2k | €3k | €18k | €19k |
| Result before taxes | 9903 | €14k | €26k | €22k | €-29k |
| Income taxes | 67/77 | €1k | €2k | €892 | €237 |
| Net result for the period | 9904 | €13k | €24k | €21k | €-30k |
| Result to be appropriated | 9905 | €13k | €24k | €21k | €-30k |
| NACE primary | Event catering(56210) |
| Legal form | Private limited company(610) |
| Incorporation | 10-10-2012 |
| Status | Active |
| Postal code | 7130 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56011B0168/00K000 | Wallonia | 145 m² | 1 · 77 m² | 15.1 m · 4 fl. |
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
20-12-2023 Discharge granted to the board
Technical details
{
"events": [
{
"kind": "sole_shareholder_declaration",
"role": "enige_bestuurder",
"person": {
"rrn": null,
"name": "CICORIA Francesco",
"address": "7120 Estinnes (VLB), Rue Saint Ursmer 32",
"birth_date": "1984-08-10",
"profession": null,
"birth_place": "Binche"
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "Le comparant d\u00E9clare d\u00E9tenir les 186 actions de la soci\u00E9t\u00E9, repr\u00E9senter la totalit\u00E9 du capital social et se dispense de toute convocation.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "substantive_delegation",
"role": "directeur",
"person": {
"rrn": null,
"name": "Francesco CICORIA",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "L\u2019assembl\u00E9e g\u00E9n\u00E9rale acte la d\u00E9mission de Monsieur Francesco CICORIA comme g\u00E9rant de la soci\u00E9t\u00E9 et d\u00E9cide de proc\u00E9der \u00E0 la nomination comme administrateur non statutaire et administrateur-d\u00E9l\u00E9gu\u00E9 : \u2022 Monsieur Francesco CICORIA pr\u00E9nomm\u00E9 et qui accepte.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "decharge_granted",
"role": "directeur",
"person": {
"rrn": null,
"name": "Francesco CICORIA",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "L\u2019assembl\u00E9e g\u00E9n\u00E9rale acte la d\u00E9mission de Monsieur Francesco CICORIA comme g\u00E9rant de la soci\u00E9t\u00E9",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "L\u00E9opold DERBAIX",
"firm_city": null,
"firm_name": null,
"office_city": "Binche",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-12-20",
"filing_date": "2023-12-16",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-12-12",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0849.901.924",
"name_full": "THE CHAMADE",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "L\u00E9opold DERBAIX",
"org_rep_person_name": null,
"person_role_at_subject": "notaire"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameFR | THE CHAMADE |