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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
Gebroeders Chambaere from Wevelgem, company number BE0437742489, closed financial year 2024 with a result of € -17,223 after tax. For that financial year Gebroeders Chambaere recorded a gross margin of € -10,125 and equity of € -47,937. Compared with financial year 2023, the result moved from € -57,554 to € -17,223. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 19, 2025.
€ -47,937
▼ € 17,223 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -17,223
▲ 70 % less loss than in 2023
Profit after tax over the fiscal year.
€ 51
▼ 76% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -66,937.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 8,916
▼ 27% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 38,743
▼ 6% vs 2023
€ 1,323 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 79,939
▲ 17% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,761
▲ 266% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 25,499 | € 6,302 | € -44,484 | € -10,125 | ▲ € 34,360 |
| Profit after taxes | € 6,061 | € -12,280 | € -57,554 | € -17,223 | ▲ € 40,331 |
| Equity | € 39,119 | € 26,840 | € -30,714 | € -47,937 | ▼ € 17,223 |
| Total debts | € 135,249 | € 92,169 | € 110,134 | € 120,444 | ▲ 9% |
| Cash | € 10,926 | € 240 | € 209 | € 51 | ▼ 76% |
| Retained profit | € 20,119 | € 7,840 | € -49,714 | € -66,937 | ▼ € 17,223 |
| Bank debt | € 54,568 | € 35,003 | € 41,277 | € 38,743 | ▼ 6% |
| Balance sheet total | € 174,368 | € 119,008 | € 79,420 | € 72,507 | ▼ 9% |
Key figures of Gebroeders Chambaere, 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 Gebroeders Chambaere?
What happened at Gebroeders Chambaere in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Gebroeders Chambaere is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 17,223. filed late Source: NBB ↗
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,061 profit in 2021 to € 17,223 loss in 2024.
Paid € 3,347 in corporate taxes since 2021.
Best year ever: 2021, with € 6,061 profit.
Management
Behind Gebroeders Chambaere is Yvan Chambaere.
Directors
According to the 2024 annual accounts
Yvan Chambaere
Director
Establishments
Establishment units
Physical locations of this company
Bouwstraat 4
8560 Wevelgem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.742.489
- VAT number
- BE 0437.742.489
- Registered office
- Bouwstraat 4, 8560 Wevelgem
- Names & denominations
- Gebroeders Chambaere
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 27 June 1989
- Peppol
- Not registered
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie