THE CHAMADE
ActiveSummary
THE CHAMADE has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52,549 and a net result of €13,073. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 59% of 16,996 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 10-10-2012 Normal situation
- Activity
- Event catering NACE 56210and 1 other
- Joint committee
- 302 Paritair Comité voor het hotelbedrijf · annual accounts 2022
- Establishment unit
- 2.251.159.073 7130 Binche, since 01-01-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
Annual accounts 2025
- Gross margin
- €155,755
- ▲ 4.1%
- Turnover
- ≈ €450,000
- estimated
- Profit
- €13,073
- ▼ 44.4%
- Equity
- €52,549
- ▲ 33.1%
- Total assets
- €130,382
- ▲ 9.7%
- Employees on 31-12-2025
- 9
- ▼ 43.8%
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Size: total assets €130,382lowers riskLiquidity: current ratio 1.37, cash €54,200Founded in 2012Show the evidence
Checked score
Score 2025
89
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 70% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Strong
Solvency
65+7
equity 40.3% of total assets
Liquidity
74=
short-term debt 51.6% · cash 41.6%
Profitability
81-12
return on assets 10.0%
Bankruptcy probability within 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.5%▼ -0.1 percentage points vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.6%▲ +0.1 percentage points vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.5%▼ -0.1 percentage points vs 05-2025
07-2025: 0.6%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.4%▼ -0.2 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.3%▼ -0.1 percentage points vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.4%▲ +0.1 percentage points 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: 0.3%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: 0.3%● unchanged vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.37 (1.39 in 2024), below the usual 1.5. Short-term debt is 51.6% and cash 41.6% of total assets. 59.7% of the assets are financed with debt and provisions.
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 56, micro). It does better than 60% of them on solvency, 78% on liquidity, 67% on profitability and 74% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €52,549
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
18 days early
2023
28 days late
2022
42 days early
2021
25 days late
2020
60 days late
2019
22 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 4 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-07-2026 at the NBB all 13 filings
Turnover
≈ €450,000
Estimated: probably between €370,000 and €560,000
Total assets
€130,382▲ 9.7%
2024 · €118,806
Net result
€13,073▼ 44.4%
2024 · €23,505
Working capital
€25,080▲ 5.5%
2024 · €23,778
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€14,636
▼ 49.2%
2025
20182025
Net result
€13,073
▼ 44.4%
2025
middle half of the sector
20182025
Equity
€52,549
▲ 33.1%
2025
middle half of the sector
20182025
Total assets
€130,382
▲ 9.7%
2025
middle half of the sector
20182025
Debt
€77,833
▼ 1.9%
2025
20182025
Working capital
€25,080
▲ 5.5%
2025
middle half of the sector
20182025
Solvency
40.3%
▲ 7.1pp
2025
middle half of the sector
20182025
Current ratio
1.37
▼ 0.02
2025
middle half of the sector
20182025
Return on assets (ROA)
10.0%
▼ 9.8pp
2025
middle half of the sector
20182025
Staff (FTE)
9.7
▲ 27.6%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€26,235-€17,545▼ 33.1%-€14,013€31,259-€10,609€39,797€28,821▼ 27.6%€14,636▼ 49.2%
Net result€5,708-€1,954▼ 65.8%-€17,530below the sector's middle half€23,281within the sector's middle half-€29,705below the sector's middle half€21,292above the sector's middle half€23,505above the sector's middle half▲ 10.4%€13,073within the sector's middle half▼ 44.4%
Equity€16,679-€18,633▲ 11.7%€1,103within the sector's middle half▼ 94.1%€24,384within the sector's middle half▲ 22×-€5,321below the sector's middle half€15,971within the sector's middle half€39,476within the sector's middle half▲ 147%€52,549within the sector's middle half▲ 33.1%
Total assets€89,311-€78,006▼ 12.7%€39,187within the sector's middle half▼ 49.8%€63,151within the sector's middle half▲ 61.2%€66,735within the sector's middle half▲ 5.7%€104,815within the sector's middle half▲ 57.1%€118,806within the sector's middle half▲ 13.3%€130,382within the sector's middle half▲ 9.7%
Debt€72,632-€59,373▼ 18.3%€38,084▼ 35.9%€38,767▲ 1.8%€72,056▲ 85.9%€88,844▲ 23.3%€79,330▼ 10.7%€77,833▼ 1.9%
Working capital-€8,924-€2,806-€16,745within the sector's middle half€12,599within the sector's middle half-€4,089within the sector's middle half€7,618within the sector's middle half€23,778within the sector's middle half▲ 212%€25,080within the sector's middle half▲ 5.5%
Solvency18.7%-23.9%▲ 5.2pp2.8%within the sector's middle half▼ 21.1pp38.6%within the sector's middle half▲ 35.8pp-8.0%below the sector's middle half▼ 46.6pp15.2%within the sector's middle half▲ 23.2pp33.2%within the sector's middle half▲ 18.0pp40.3%within the sector's middle half▲ 7.1pp
Current ratio0.84-1.06▲ 0.210.54within the sector's middle half▼ 0.521.36within the sector's middle half▲ 0.830.93within the sector's middle half▼ 0.431.12within the sector's middle half▲ 0.201.39within the sector's middle half▲ 0.261.37within the sector's middle half▼ 0.02
Return on assets (ROA)6.4%-2.5%▼ 3.9pp-44.7%below the sector's middle half▼ 47.2pp36.9%above the sector's middle half▲ 81.6pp-44.5%below the sector's middle half▼ 81.4pp20.3%above the sector's middle half▲ 64.8pp19.8%above the sector's middle half▼ 0.5pp10.0%within the sector's middle half▼ 9.8pp
Staff (FTE)3.3-5▲ 51.5%4.6above the sector's middle half▼ 8.0%4.7▲ 2.2%7.5▲ 59.6%7.2▼ 4.0%7.6▲ 5.6%9.7▲ 27.6%
above
within
below
The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 49% lower than in 2024. It is the second fall in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €130,382
Fixed assets
€38,051 ▲ 12.0%
Current assets
€92,331 ▲ 8.8%
Equity and liabilities €130,382
Equity
€52,549 ▲ 33.1%
Debt
€77,833 ▼ 1.9%
Debt's share of the balance-sheet total falls from 66.8% to 59.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€25,690▼
2024 · €38,162
Cash flow
€24,127▼
2024 · €32,846
Quick ratio
1.03▲
2024 · 0.94
Debt to equity
1.48▼
2024 · 2.01
ROE
24.9%▼
2024 · 59.5%
Interest coverage
10.68▼
2024 · 12.87
Debt ≤ 1 year
€67,251▲
2024 · €61,050
Debt > 1 year
€10,582▼
2024 · €18,280
Income taxes
€1,307▼
2024 · €2,351
Staff costs
€125,855▲
2024 · €107,484
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 7 | 4 | 14 | 16 | 9 |
| full-time | - | - | 2 | 2 | 1 |
| part-time | 7 | 4 | 12 | 14 | 8 |
| in full-time equivalents | 5.3 | 3.8 | 7 | 8 | 2.6 |
| Average over the year, in full-time equivalents | 3.9 | 5.5 | 6.7 | 7.6 | 3.4 |
| On a permanent contract | 2 | - | - | 16 | 2 |
| Joined | 17 | 22 | 124 | 128 | 46 |
| Left | 13 | 25 | 114 | 118 | 45 |
| Training hours | 328 | - | - | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Carrying value of the other pledged assets | - | - | €19,408 | €17,408 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €3,479 | €25,380 | €7,298 | €15,127 |
| Depreciation and write-downs of the year | €4,156 | €3,931 | €3,916 | €9,341 | €11,054 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €30,931 | €62,631 | €82,129 | €107,484 | €125,855 | ▲ 17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,424 | €8,215 | €6,577 | €4,156 | €3,931 | €3,916 | €9,341 | €11,054 | ▲ 18.3% |
| Other operating charges640/8 | - | - | - | €2,705 | €4,729 | €4,170 | €3,929 | €4,210 | ▲ 7.2% |
| Non-recurring operating charges66A | - | - | - | €684 | - | - | - | - | - |
| Gross operating margin9900 | €92,905 | €92,060 | €37,110 | €69,735 | €60,682 | €130,012 | €149,575 | €155,755 | ▲ 4.1% |
| Operating profit (loss)9901 | €26,235 | €17,545 | -€14,013 | €31,259 | -€10,609 | €39,797 | €28,821 | €14,636 | ▼ 49.2% |
| Financial income75/76B | - | - | - | - | - | €261 | €1 | €2,150 | ▲ 2,150× |
| Recurring financial income75 | €1 | €34 | €1,595 | - | - | €261 | €1 | €2,150 | ▲ 2,150× |
| Financial charges65/66B | - | - | - | €8,000 | €18,859 | €17,874 | €2,966 | €2,406 | ▼ 18.9% |
| Recurring financial charges65 | €18,923 | €11,479 | €4,992 | €8,000 | €18,859 | €17,874 | €2,966 | €2,406 | ▼ 18.9% |
| Profit (loss) for the period before taxes9903 | €7,313 | €6,100 | -€17,410 | €23,259 | -€29,468 | €22,184 | €25,856 | €14,380 | ▼ 44.4% |
| Income taxes67/77 | €1,605 | €4,146 | €120 | -€22 | €237 | €892 | €2,351 | €1,307 | ▼ 44.4% |
| Profit (loss) for the period9904 | €5,708 | €1,954 | -€17,530 | €23,281 | -€29,705 | €21,292 | €23,505 | €13,073 | ▼ 44.4% |
| Profit (loss) for the period to be appropriated9905 | €5,708 | €1,954 | -€17,530 | €23,281 | -€29,705 | €21,292 | €23,505 | €13,073 | ▼ 44.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €89,311 | €78,006 | €39,187 | €63,151 | €66,735 | €104,815 | €118,806 | €130,382 | ▲ 9.7% |
| Fixed assets21/28 | €41,202 | €26,468 | €19,891 | €15,735 | €14,557 | €36,021 | €33,978 | €38,051 | ▲ 12.0% |
| Intangible fixed assets21 | €4,350 | €2,175 | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €36,489 | €23,930 | €19,528 | €15,372 | €14,194 | €35,658 | €33,615 | €37,688 | ▲ 12.1% |
| Plant, machinery and equipment23 | - | - | - | - | - | €1,656 | €1,183 | €711 | ▼ 39.9% |
| Furniture and vehicles24 | - | - | - | €726 | - | €21,908 | €18,680 | €17,336 | ▼ 7.2% |
| Other tangible fixed assets26 | - | - | - | €14,646 | €14,194 | €12,094 | €13,752 | €19,641 | ▲ 42.8% |
| Financial fixed assets28 | €363 | €363 | €363 | €363 | €363 | €363 | €363 | €363 | = |
| Current assets29/58 | €48,109 | €51,538 | €19,296 | €47,416 | €52,178 | €68,794 | €84,828 | €92,331 | ▲ 8.8% |
| Stocks and contracts in progress3 | €14,322 | €18,936 | €6,113 | €3,728 | €12,217 | €20,465 | €27,522 | €22,741 | ▼ 17.4% |
| Stocks30/36 | - | - | - | €3,728 | €12,217 | €20,465 | €27,522 | €22,741 | ▼ 17.4% |
| Amounts receivable within one year40/41 | €8,166 | €10,502 | €134 | €5,993 | €756 | €11,622 | €5,758 | €9,828 | ▲ 70.7% |
| Trade receivables40 | - | - | - | €5,394 | €756 | €11,144 | €170 | €4,633 | ▲ 27× |
| Other amounts receivable41 | - | - | - | €599 | - | €478 | €5,588 | €5,195 | ▼ 7.0% |
| Cash at bank and in hand54/58 | €21,551 | €21,597 | €12,296 | €37,025 | €38,027 | €35,217 | €47,993 | €54,200 | ▲ 12.9% |
| Deferred charges and accrued income490/1 | - | - | - | €670 | €1,178 | €1,490 | €3,555 | €5,562 | ▲ 56.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €89,311 | €78,006 | €39,187 | €63,151 | €66,735 | €104,815 | €118,806 | €130,382 | ▲ 9.7% |
| Equity10/15 | €16,679 | €18,633 | €1,103 | €24,384 | -€5,321 | €15,971 | €39,476 | €52,549 | ▲ 33.1% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €846 | €846 | €846 | €846 | €846 | €9,771 | €33,276 | €46,349 | ▲ 39.3% |
| Non-distributable reserves130/1 | - | - | - | €846 | €846 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €846 | €846 | - | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €9,771 | €33,276 | €46,349 | ▲ 39.3% |
| Profit (loss) carried forward14 | €9,633 | €11,587 | -€5,943 | €17,338 | -€12,367 | - | - | - | - |
| Amounts payable17/49 | €72,632 | €59,373 | €38,084 | €38,767 | €72,056 | €88,844 | €79,330 | €77,833 | ▼ 1.9% |
| Amounts payable after more than one year17 | €8,060 | €3,761 | €1,593 | - | - | €25,768 | €18,280 | €10,582 | ▼ 42.1% |
| Financial debts170/4 | - | - | - | - | - | €16,468 | €12,580 | €8,482 | ▼ 32.6% |
| Other amounts payable178/9 | - | - | - | - | - | €9,300 | €5,700 | €2,100 | ▼ 63.2% |
| Amounts payable within one year42/48 | €57,033 | €48,732 | €36,041 | €34,817 | €56,267 | €61,176 | €61,050 | €67,251 | ▲ 10.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €1,593 | - | €7,288 | €7,488 | €7,698 | ▲ 2.8% |
| Trade debts44 | €36,319 | €26,761 | €12,028 | €10,239 | €22,921 | €35,069 | €18,786 | €27,240 | ▲ 45.0% |
| Suppliers440/4 | - | - | - | €10,239 | €22,921 | €35,069 | €18,786 | €27,240 | ▲ 45.0% |
| Taxes, remuneration and social security45 | - | - | - | €7,796 | €16,552 | €15,054 | €30,553 | €24,395 | ▼ 20.2% |
| Taxes450/3 | - | - | - | - | €8,792 | €4,998 | €13,258 | €9,137 | ▼ 31.1% |
| Remuneration and social security454/9 | - | - | - | €7,796 | €7,760 | €10,056 | €17,295 | €15,258 | ▼ 11.8% |
| Other amounts payable47/48 | - | - | - | €15,189 | €16,794 | €3,765 | €4,223 | €7,918 | ▲ 87.5% |
| Accrued charges and deferred income492/3 | - | - | - | €3,950 | €15,789 | €1,900 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,708 | €1,954 | -€17,530 | €23,281 | -€29,705 | €21,292 | €23,505 | €13,073 | ▼ 44.4% |
| + Depreciation and write-downs630 | €10,424 | €8,215 | €6,577 | €4,156 | €3,931 | €3,916 | €9,341 | €11,054 | ▲ 18.3% |
| Operating cash flow (approximation) | €16,132 | €10,169 | -€10,953 | €27,437 | -€25,774 | €25,208 | €32,846 | €24,127 | ▼ 26.5% |
| Investment in fixed assets (approximation) | - | €6,519 | €0 | €0 | -€2,753 | -€25,380 | -€7,298 | -€15,127 | ▼ 107% |
| Change in cash | - | €46 | -€9,301 | €24,729 | €1,002 | -€2,810 | €12,776 | €6,207 | ▼ 51.4% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as THE CHAMADE has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.3%
was still going
3.9%
stopped otherwise
0.7%
went bankrupt
That fits the bankruptcy probability of THE CHAMADE itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 34,693 companies, not a prediction for THE CHAMADE. 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.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00370358 | |
| 31-12-2024 | micro format | 13-07-2025 | 2025-00270935 | |
| 31-12-2023 | micro format | 28-08-2024 | 2024-00431315 | |
| 31-12-2022 | micro format | 19-06-2023 | 2023-00140817 | |
| 31-12-2021 | micro format | 25-08-2022 | 2022-20347976 | |
| 31-12-2020 | micro format | 29-09-2021 | 2021-69500099 | |
| 31-12-2019 | micro format | 09-07-2020 | 2020-29800528 | |
| 31-12-2018 | micro format | 22-08-2019 | 2019-52200273 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-58300139 | |
| 31-12-2016 | micro format | 30-08-2017 | 2017-54200016 |
Board & ownership
Directors
Directors
1 director, 1 in day-to-day management, last change in 2023
Board 1
Francesco Cicoria
Current
Director (not named in the articles) and managing director · since 01-01-2023 · earlier manager, until 20-12-2023 · also on the board of 1 other company · listed in the 2025 annual accounts, filed on 30-07-2026
Day-to-day management 1
Francesco Cicoria
Current
Director (not named in the articles) and managing director · appointed in the act of 20-12-2023
Owners and capital
Shareholders
Stated in the act
act of 20-12-2023 ↗
- CICORIA Francesco all shares
Capital transactions
Capital over time
- 20-12-2023 Converted to available equity · €6,200
Mandate history
2 people, 1 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Francesco Cicoria |
|
| BARAS David |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié à charge du cédant et moitié à charge du ou des acquéreurs,proportionnellement au nombre d’actions acquises, tenus de solliciter…”
Articles of association, deed of 20-12-2023 (in French)
Network & group
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
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Linked via shared directors
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Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
30-07
micro format · 1 day before the deadline
2025
13-07
micro format · 18 days before the deadline
2024
31-12
Financial
Highest result from 2018 to 2025net €23,505 ▲10.4%
The net result of €23,505 is the highest of those years.
28-08
micro format · 28 days late
2023
31-12
Financial
Back to profitnet €21,292
The net result is €21,292, after one loss-making year.
20-12
Gazette deed
Change of role: CICORIA Francesco, from manager to director and managing directorShareholding · Amendment of the articles · Capital conversion10 points ▸
Gazette deed
Change of role: CICORIA Francesco, from manager to director and managing director
Shareholding · Amendment of the articles · Capital conversion10 points ▸
- General meeting, 12-12-2023
- Other provision, “7130 Binche,Grand Place,44, immatriculation et assujettissement TVA” (deed in French)
- CICORIA Francesco holds all the shares
- Other provision, “ordre du jour, adapter les statuts aux dispositions du Code des sociétés et des associations” (deed in French)
- Amendment of the articles, mentioned 3 times in the deed
- Capital conversion, “compte de capitaux propres statutairement disponible” (deed in French)
- Power of attorney
- Share issue, 186, “Chaque action donne un droit égal dans la répartition des bénéfices et des produits de la liquidation” (deed in French)
- Director resignation, CICORIA Francesco (manager)
- Director appointment, CICORIA Francesco (director (not named in the articles) and managing director)
19-06
micro format · 42 days before the deadline
31-05
Gazette deed
Resignation: BARAS David (director)Appointment: CICORIA Francesco (director) · Director discharge4 points ▸
Gazette deed
Resignation: BARAS David (director)
Appointment: CICORIA Francesco (director) · Director discharge4 points ▸
- General meeting, 13-01-2023
- Director resignation, BARAS David (director)
- Director discharge, BARAS David (director)
- Director appointment, CICORIA Francesco (director)
2022
31-12
Financial
Weakest financial yearnet -€29,705
The net result drops to -€29,705, the lowest from 2018 to 2025. It recovers the following year.
25-08
micro format · 25 days late
2021
31-12
Financial
Back to profitnet €23,281
The net result is €23,281, after one loss-making year.
31-12
Financial
Liquidity more than doubledcurrent ratio 1.36
The current ratio rises from 0.54 to 1.36. Short-term debt falls from €36,041 to €34,817.
Show earlier events
29-09
micro format · 60 days late
2020
09-07
micro format · 22 days before the deadline
2019
22-08
micro format · 22 days late
2018
30-08
micro format · 30 days late
2017
30-08
micro format · 30 days late
2012
07-11
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
THE CHAMADE in French
Enterprise number
0849.901.924
Legal form
Private limited company
Status
Active, normale toestand
Founded
10-10-2012
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 20-12-2023 (in French)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région Wallonne de langue française, par simple décision de l’organe d’administration,des sièges administratifs,agences,ateliers,dépôts et…”
deed of 20-12-2023 (in French)Registered office and establishments
Registered office
Grand Place(BIN) 44, 7130 Binche, Belgium
Establishment unit
THE CHAMADE, Grand Place(BIN) 44, 7130 Binche since 01-01-2016 · unit number 2.251.159.07313300 Finishing of textiles
Activities
NACEBEL 2025VAT activities
56210
Event catering main activity
Social security (RSZ) activities
56301
Cafés and bars main activity
Codes under NACEBEL 2008
VAT activities
56210
Catering main activity
Social security (RSZ) activities
56301
Cafés and bars main activity
Joint committee
302 Paritair Comité voor het hotelbedrijf annual accounts 2022
Invoicing and payment
VAT number
BE 0849.901.924
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Recognitions · licences · registrations
Food safety, FASFC
1 siteBincheunit number 2.251.159.073
Sites & property
Location
Buildings and parcels at the address
Ground area
145 m²
Building footprint
77 m²
Building volume
998 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 56011B0168/00K000 | Wallonia | 145 m² | 1 · 77 m² | 15.1 m · 4 |