Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Chazas from Kaprijke, company number BE0426057058, closed financial year 2025 with a result of € 119,455 after tax. For that financial year Chazas recorded a gross margin of € 636,148 and equity of € 5.6 million. Compared with financial year 2024, the result moved from € 163,647 to € 119,455. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 5.6 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 119,455
▼ 27% vs 2024
Profit after tax over the fiscal year.
€ 43,845
▼ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.6 million.
People and assets in 2025
€ 1,108
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 19,243
▼ 70% vs 2024
Loans from banks and other lenders, long and short.
€ 391,597
▲ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 43,483
▲ 69% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 601,192 | € 578,016 | € 665,560 | € 636,148 | ▼ 4% |
| Profit after taxes | € 134,033 | € 112,090 | € 163,647 | € 119,455 | ▼ 27% |
| Equity | € 5,203,715 | € 5,315,805 | € 5,479,452 | € 5,598,907 | ▲ 2% |
| Total debts | € 1,074,095 | € 764,690 | € 712,491 | € 794,248 | ▲ 11% |
| Cash | € 655,818 | € 491,692 | € 199,585 | € 43,845 | ▼ 78% |
| Land & buildings | € 5,128,252 | € 4,980,421 | € 5,324,897 | € 6,001,349 | ▲ 13% |
| Retained profit | € 2,185,612 | € 2,297,701 | € 2,461,348 | € 2,580,804 | ▲ 5% |
| Bank debt | € 612,291 | € 224,873 | € 63,901 | € 19,243 | ▼ 70% |
| Balance sheet total | € 6,363,962 | € 6,160,344 | € 6,264,496 | € 6,458,411 | ▲ 3% |
Key figures of Chazas, 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 Chazas?
What happened at Chazas in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MDL UNITED NV stepped down as director. NBB
- QUALITY IMMOBILIEN NV stepped down as director. NBB
- SPECIAL PROPERTIES NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 119,455 (▼ 27% vs 2024). Source: NBB ↗
- MDL UNITED NV became a director. NBB
- QUALITY IMMOBILIEN NV became a director. NBB
- SPECIAL PROPERTIES NV became a director. NBB
- New establishment in Kaprijke. KBO
In short
From € 134,033 profit in 2022 to € 119,455 profit in 2025.
Paid € 283,945 in corporate taxes since 2022.
Best year ever: 2024, with € 163,647 profit.
Management
It owns 50.9% of QUALITY IMMOBILIEN itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Mike De Baets
Also active at: QUALITY IMMOBILIEN, SPECIAL PROPERTIES
since 2021 · until 2027
Managing director · represented by Dave De Baets
Also active at: SPECIAL PROPERTIES
since 2021 · until 2027
Managing director · represented by Lien De Baets
Also active at: QUALITY IMMOBILIEN, TIMELESS REAL ESTATE
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Moerstraat 37
9970 Kaprijke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0426.057.058
- VAT number
- BE 0426.057.058
- Registered office
- Moerstraat 37, 9970 Kaprijke
- Names & denominations
- Chazas
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 1983
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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