Bankrupt · Opening faillissement (CBE)

CHACON

BE0417371006

Rechtspersoon Public limited company 1 establishment

CHACON is a wholesaler in Wavre. Public Limited, started on 1 August 1977, 1 establishment.

Avenue Mercator 2, 1300 Wavre

Start date

1 August 1977

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

  • Tight liquidity NBB

    Cash and receivables cover 30 % of short-term debt in 2024; threshold 65 %.

  • Shrinking team NBB

    FTE fell two years in a row, from 21.5 to 15.5.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

CHACON from Wavre, company number BE0417371006, closed financial year 2024 with a result of € -1.4 million after tax. For that financial year CHACON recorded revenue of € 13.4 million and equity of € 1.2 million. Compared with financial year 2023, the result moved from € -1.3 million to € -1.4 million. The company made a loss. The buffer shrank hard: equity is 54 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2025.

What it is worth Shrank hard

€ 1.2 million

▼ 54% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -1.4 million

▼ 10 % more loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 378,124

▼ 46% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 842,413.

People and assets in 2024

Full-time equivalents

15.5

▼ 0.6 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.6 million

▼ 5% vs 2023

€ 102,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 18,852

▼ 53% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 1 years to go

€ 3 million

▼ 6% vs 2023

€ 4,012 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 2.9 million

▼ 10% vs 2023

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 86 days on average.

Taxes and wages

€ 447,351

▲ 48% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Revenue € 17,929,536 € 17,491,109 € 15,515,942 € 13,367,614 ▼ 14%
Profit after taxes € -191,787 € -42,132 € -1,305,426 € -1,431,892 ▼ € 126,466
Equity € 5,218,492 € 3,976,360 € 2,670,934 € 1,239,042 ▼ 54%
Total debts € 8,192,382 € 7,866,347 € 6,775,138 € 6,375,809 ▼ 6%
Cash € 896,335 € 1,728,883 € 704,217 € 378,124 ▼ 46%
Land & buildings € 25,483 € 22,430 € 32,604 € 28,731 ▼ 12%
Retained profit € 4,821,862 € 3,579,730 € 2,274,304 € 842,413 ▼ 63%
Dividend € 0 € 1,200,000 € 0 € 0
Bank debt € 3,862,662 € 3,578,836 € 3,159,690 € 2,963,203 ▼ 6%
Balance sheet total € 13,476,972 € 11,910,579 € 9,523,940 € 7,689,570 ▼ 19%
Employees (FTE) 22.5 21.5 16.1 15.5 ▼ 0.6

Key figures of CHACON, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to CHACON?

What happened at CHACON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

CHACON is active according to the CBE. Legal situation: Opening faillissement.

  • Alain MOLINIE stepped down as director. NBB
  • Frédéric PONT stepped down as director. NBB
  • New annual accounts for financial year 2024: loss of € 1.4 million. Source: NBB ↗
  • Alain MOLINIE became a director. NBB
  • Frédéric PONT became a director. NBB
  • New establishment in Wavre. KBO
  • Start of the company according to the CBE. KBO

In short

From € 191,787 loss in 2021 to € 1.4 million loss in 2024.

Paid € 65,812 in corporate taxes since 2021.

Paid out € 1.2 million in dividends to the owners in total.

Pays suppliers within 86 days on average.

Management

CHACON

The shares are held by VEOM GROUP SA (100%).

Directors

According to the 2024 annual accounts

Alain MOLINIE

Director

since 2024 · until 2030

Frédéric PONT

Director

since 2024 · until 2030

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Avenue Mercator 2

1300 Wavre

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0417.371.006
VAT number
BE 0417.371.006
Registered office
Avenue Mercator 2, 1300 Wavre
Names & denominations
CHACON
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
1 August 1977
Peppol
Active · Active since 1 Jan 2001
Activities · NACE

Groothandel in elektrisch materiaal, inclusief installatiemateriaal

Groothandel in elektrisch materiaal inclusief installatiemateriaal

Frequently asked questions

What does CHACON do?
CHACON is a wholesaler in Wavre. Public Limited, started on 1 August 1977, 1 establishment.
What is the address of CHACON?
The registered office of CHACON is located at Avenue Mercator 2, 1300 Wavre.
Is CHACON still active?
No. The CBE lists CHACON with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is CHACON registered on Peppol?
Yes, CHACON is registered on the Peppol network with ID 0208:0417371006.
What is the enterprise number of CHACON?
The enterprise number of CHACON is BE0417371006.
When was CHACON founded?
CHACON was founded on 1 August 1977.