Active · per the CBE, 20 September 2026

CHIYODA EUROPA

BE0424426666

Rechtspersoon Public limited company 1 establishment

CHIYODA EUROPA is registered with the CBE as active in: Vervaardiging van papier en karton. Public Limited, started on 15 July 1983, 1 establishment.

Henry Fordlaan 37, 3600 Genk

Active for

43 year, 2 months

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 2024 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.

  • Shrinking team NBB

    FTE fell two years in a row, from 154.7 to 136.3.

Financials

Financial year 2025

CHIYODA EUROPA from Genk, company number BE0424426666, closed financial year 2025 with a result of € -4.4 million after tax. For that financial year CHIYODA EUROPA recorded revenue of € 29.9 million and equity of € 11.9 million. Compared with financial year 2024, the result moved from € -385,475 to € -4.4 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.

What it is worth Healthy

€ 11.9 million

▼ 27% vs 2024

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

Loss Caution

€ -4.4 million

▼ 1047 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 339,221

▲ 226% vs 2024

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 € 8 million.

People and assets in 2025

Full-time equivalents

136.3

▼ 6.4 vs 2024

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

Wage cost

€ 10.5 million

▼ 4% vs 2024

€ 77,000 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

€ 2.8 million

▲ 17% vs 2024

Of which on lease € 2.8 million.

Debts at end 2025

Bank debt ≈ 4 years to go

€ 10.8 million

▲ 39% vs 2024

€ 1.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 2.2 million

▲ 4% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 34 days on average.

Taxes and wages

€ 2.4 million

▼ 4% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 42,734,674 € 32,154,482 € 34,701,006 € 29,882,312 ▼ 14%
Profit after taxes € 996,192 € -2,326,043 € -385,475 € -4,420,636 ▼ € 4 million
Equity € 19,079,546 € 16,753,503 € 16,368,028 € 11,947,392 ▼ 27%
Total debts € 13,087,911 € 12,478,756 € 13,304,341 € 15,928,646 ▲ 20%
Cash € 160,403 € 103,564 € 104,181 € 339,221 ▲ 226%
Land & buildings € 1,755,164 € 1,940,303 € 3,698,338 € 4,235,004 ▲ 15%
Retained profit € 15,095,492 € 12,769,449 € 12,383,974 € 7,963,338 ▼ 36%
Bank debt € 7,658,179 € 7,289,814 € 7,741,242 € 10,784,869 ▲ 39%
Balance sheet total € 32,226,117 € 29,278,998 € 29,711,037 € 27,907,876 ▼ 6%
Employees (FTE) 167.1 154.7 142.7 136.3 ▼ 6.4

Key figures of CHIYODA EUROPA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to CHIYODA EUROPA?

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

  • SHINKO KIGYO CORPORATION stepped down as director. NBB
  • CHIYODA GRAVURE CORPORATION stepped down as director. NBB
  • Peter Coenegrachts stepped down as director. NBB
  • New annual accounts for financial year 2025: loss of € 4.4 million. Source: NBB ↗
  • SHINKO KIGYO CORPORATION became a director. NBB
  • CHIYODA GRAVURE CORPORATION became a director. NBB
  • Peter Coenegrachts became a director. NBB
  • New establishment in Genk. KBO

In short

From € 996,192 profit in 2022 to € 4.4 million loss in 2025.

Paid € 333,421 in corporate taxes since 2022.

Best year ever: 2022, with € 996,192 profit.

Pays suppliers within 34 days on average.

Management

Chiyoda Gravure Corporation 100%
Shinko Kigyo Corporation 0%
CHIYODA EUROPA

The shares are held by Chiyoda Gravure Corporation (100%) and Shinko Kigyo Corporation (0%).

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Directors

According to the 2025 annual accounts

Peter Coenegrachts

Director

since 2022 · until 2028

SHINKO KIGYO CORPORATION

Director · represented by Kunihiro MURATA

since 2024 · until 2030

CHIYODA GRAVURE CORPORATION

Director · represented by Hiroyoshi SATO

since 2024 · until 2030

Shareholders

Chiyoda Gravure Corporation

100%

Shinko Kigyo Corporation

0%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Henry Fordlaan 37

3600 Genk

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

Details

Company number
0424.426.666
VAT number
BE 0424.426.666
Registered office
Henry Fordlaan 37, 3600 Genk
Names & denominations
CHIYODA EUROPA
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
15 July 1983
Peppol
Active · Active since 24 Dec 2025
Activities · NACE

Vervaardiging van papier en karton

Vervaardiging van papier

Vervaardiging van andere artikelen van papier of karton

Frequently asked questions

What does CHIYODA EUROPA do?
CHIYODA EUROPA is registered with the CBE as active in: Vervaardiging van papier en karton. Public Limited, started on 15 July 1983, 1 establishment.
What is the address of CHIYODA EUROPA?
The registered office of CHIYODA EUROPA is located at Henry Fordlaan 37, 3600 Genk.
Is CHIYODA EUROPA still active?
Yes. According to the CBE (20 September 2026) CHIYODA EUROPA is active, legal situation “Normale toestand”, started on 15 July 1983.
Is CHIYODA EUROPA registered on Peppol?
Yes, CHIYODA EUROPA is registered on the Peppol network with ID 0208:0424426666.
What is the enterprise number of CHIYODA EUROPA?
The enterprise number of CHIYODA EUROPA is BE0424426666.
When was CHIYODA EUROPA founded?
CHIYODA EUROPA was founded on 15 July 1983.