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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CHYVMAR from Kortrijk, company number BE0450133745, closed financial year 2025 with a result of € -40,576 after tax. For that financial year CHYVMAR recorded a gross margin of € 7,656 and equity of € -2.9 million. Compared with financial year 2024, the result moved from € -55,573 to € -40,576. 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 May 21, 2026.
€ -2.9 million
▼ € 40,576 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -40,576
▲ 27 % less loss than in 2024
Profit after tax over the fiscal year.
€ 7,556
▼ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.7 million.
Debts at end 2025
€ 900,000
Loans from banks and other lenders, long and short.
€ 11,678
Supplier invoices still open on the last day of the fiscal year.
€ 468
▼ 63% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -607 | € 15,694 | € -5,908 | € 7,656 | ▲ € 13,564 |
| Profit after taxes | € -1,238,267 | € -74,174 | € -55,573 | € -40,576 | ▲ € 14,997 |
| Equity | € -2,755,583 | € -2,829,756 | € -2,885,329 | € -2,925,905 | ▼ € 40,576 |
| Total debts | € 3,391,869 | € 3,302,169 | € 3,301,921 | € 3,310,934 | |
| Cash | € 119,285 | € 33,382 | € 9,415 | € 7,556 | ▼ 20% |
| Land & buildings | € 446,013 | € 422,372 | € 399,922 | € 377,472 | ▼ 6% |
| Retained profit | € -3,506,945 | € -3,581,118 | € -3,636,691 | € -3,677,267 | ▼ € 40,576 |
| Bank debt | € 900,000 | € 900,000 | € 900,000 | € 900,000 | |
| Balance sheet total | € 636,286 | € 472,413 | € 416,591 | € 385,028 | ▼ 8% |
Key figures of CHYVMAR, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to CHYVMAR?
What happened at CHYVMAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Maria Raspoet stepped down as director. NBB
- Christophe Hoorens stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 40,576. filed late Source: NBB ↗
- Maria Raspoet became a director. NBB
- Christophe Hoorens became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.2 million loss in 2022 to € 40,576 loss in 2025.
Paid € 2,214 in corporate taxes since 2022.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
It owns 37.6% of Hoorens Printing itself.
Establishments
Establishment units
Physical locations of this company
Wolvendreef(Kor) 30
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0450.133.745
- VAT number
- BE 0450.133.745
- Registered office
- Wolvendreef(Kor) 30, 8500 Kortrijk
- Names & denominations
- CHYVMAR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 May 1993
- Peppol
- Active · Active since 5 Mar 2026
- Activities · NACE
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