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VILLAS CHARMETTE

Active
Public limited companyfounded 2003active for 23 yearsOpstalstraat 75, 8792 Waregem, BelgiumKBO/BCE: BE 0863.027.410

The file of VILLAS CHARMETTE contains 2 historical bankruptcy publications, as published in the Belgian Official Gazette.

Summary

The computed 12-month bankruptcy probability is 0.8% (low). The 2025 annual accounts show negative equity (-€582,794) and a net result of €51,414. Equity has been growing by about 4.7% per year since 2019. Its solvency ranks better than 5% of 17,145 sector peers (NACE 68, financial year 2025).

Overview

Official details

Source: KBO
Status
Active since 26-06-2003 Normal situation
Registered office
10 active companies are registered at this address Source: KBO register, as of 2 November 2026.
Activity
Development of residential building projects NACE 68121
Establishment unit
2.134.949.709 8792 Waregem, since 16-06-2003
Financial year end
30 September
Peppol
Reachable since 16-09-2025

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts to 30-09-2025
Gross margin
€61,739
Turnover
≈ €160,000
estimated
Profit
€51,414
Equity
-€582,794
▲ 8.1%
Total assets
€375,212
▼ 3.5%
  • Negative equity on 30-09-2025
Score breakdownraises riskCapped at 59: negative equityLiquidity: current ratio 0.53Negative equity -€582,794lowers riskSize: total assets €375,212Legal form: public limited companyShow the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 33% of micro companies in real estate (NACE 68)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -155.3% of total assets
Liquidity 0=
short-term debt 188.4%
Profitability 72+46
return on assets 13.7%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,630 companies, NACE 68, micro)
Last 24 months 12-2024: 0.8% 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.7%▼ -0.1 percentage points vs 02-2025lowest value 04-2025: 0.9%▲ +0.2 percentage points vs 03-2025 05-2025: 1.2%▲ +0.3 percentage points vs 04-2025 06-2025: 1.0%▼ -0.2 percentage points vs 05-2025 07-2025: 1.0%● unchanged vs 06-2025 08-2025: 1.0%● unchanged vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 0.9%▼ -0.1 percentage points vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 1.0%▲ +0.1 percentage points vs 03-2026 05-2026: 1.4%▲ +0.4 percentage points vs 04-2026highest value 06-2026: 0.8%▼ -0.6 percentage points vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 0.8%● unchanged vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026 11-2026: 0.8%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.53 (0.47 in 2024), below 1. Short-term debt is 188.4% of total assets. Equity is negative.
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 68, micro). It does better than 5% of them on solvency, 0% on liquidity, 63% on profitability and 64% 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.53
NBB · annual accounts
lowers risk · Size: total assets €375,212
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€582,794
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 17145 sector peers (2025).
NBB · sector comparison
Position among 17145 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian Official Gazette, no current open procedure.
Belgian Official Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
4 days early
2022
2 days late
2021
4 days early
2020
on the day
2019
1 day 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 1 day before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 30 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end02-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€582,794 View
  • Caution: Lower solvency than 95% of companies in real estatesector median 29.0% · 17,145 companies -155.3% View
  • Positive: Back in profit in 2025after a loss of €18,025 in 2024 €51,414 View
  • A director leftlatest change 09-03-2026 · 2 in office 1 left View

Recent changes

  1. · Gazette deed Resignation: VALCKE Michelle Mariette (director)
  2. · Gazette deed Appointments: VALCKE Joseph Victor Ernest, VANKEIRSBILCK Arlette Christa Andréa and VALCKE Michelle Mariette LenaResignation: Vankeirsbilck Rudy (director) · Reappointments: VALCKE Joseph Victor Ernest, VANKEIRSBILCK Arlette Christa Andréa and VALCKE Michelle Mariette Lena
  3. · Bankruptcy Bankruptcy reversalCommercial Court of Brussels · judgment of 06-05-2010
All 17 events

Comparable companies

These companies have the same main activity as VILLAS CHARMETTE: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €364,000 and €431,000, founded between 2001 and 2006.

CompanyTotal assetsGross margin
VILLAS CHARMETTE Waregem€375,212€61,739
AXY VASTGOEDMANAGEMENT Hasselt€372,570€71,028
IREAS Kruisem€393,232€58,699
THE BRIDGE BUILDING COMPANY Huldenberg€416,118€63,895
MAGDAL Nazareth-De Pinte€382,026€64,986
ALVAST Diest€430,571€71,174
KRIVANO Wortegem-Petegem€364,398€71,097
Full comparison

Key facts about VILLAS CHARMETTE

What is the company number of VILLAS CHARMETTE?
The company number of VILLAS CHARMETTE is 0863.027.410. The VAT number is the same number with BE in front: BE 0863.027.410.
Where is VILLAS CHARMETTE based?
The registered office is at Opstalstraat 75, 8792 Waregem.Company details
What does VILLAS CHARMETTE do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of VILLAS CHARMETTE?
The legal form of VILLAS CHARMETTE is Public limited company (NV).
When was VILLAS CHARMETTE founded?
VILLAS CHARMETTE was founded on 26-06-2003.
Is VILLAS CHARMETTE still active?
Yes, VILLAS CHARMETTE is an active enterprise in the KBO register.
What is the turnover of VILLAS CHARMETTE?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €61,739 and 47 comparable companies (NACE 681). It probably lies between €83,000 and €340,000.Financials
Is VILLAS CHARMETTE profitable?
In financial year 2025, VILLAS CHARMETTE made a profit of €51,414.
Where can I find the annual accounts of VILLAS CHARMETTE?
VILLAS CHARMETTE filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VILLAS CHARMETTE due?
VILLAS CHARMETTE must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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