Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Chic O'Ray from Pittem, company number BE0471639239, closed financial year 2024 with a result of € 352,535 after tax. For that financial year Chic O'Ray recorded a gross margin of € 1.4 million and equity of € 14.7 million. Compared with financial year 2023, the result moved from € 405,688 to € 352,535. The company is profitable. 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 October 9, 2025.
€ 14.7 million
▼ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 352,535
▼ 13% vs 2023
Profit after tax over the fiscal year.
€ 182,513
▼ 47% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 2.3 million.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
€ 524,866
▲ 9% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 10.8 million
▼ 16% vs 2023
€ 446,693 is repaid this year. At this pace the long-term loan is gone in ≈ 21 years.
€ 520,241
▼ 68% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 94,146
▲ € 79,959 vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 531,619 | € 1,025,802 | € 1,178,790 | € 1,404,295 | ▲ 19% |
| Profit after taxes | € 127,508 | € 97,496 | € 405,688 | € 352,535 | ▼ 13% |
| Equity | € 12,720,529 | € 12,818,025 | € 14,922,424 | € 14,722,739 | ▼ 1% |
| Total debts | € 17,115,560 | € 15,108,330 | € 15,583,257 | € 12,752,114 | ▼ 18% |
| Cash | € 138,471 | € 257,421 | € 342,479 | € 182,513 | ▼ 47% |
| Land & buildings | € 25,321,442 | € 23,122,874 | € 24,479,210 | € 22,206,366 | ▼ 9% |
| Retained profit | € 1,469,564 | € 1,567,060 | € 1,972,748 | € 2,325,283 | ▲ 18% |
| Bank debt | € 16,178,528 | € 14,111,243 | € 12,872,456 | € 10,773,510 | ▼ 16% |
| Balance sheet total | € 29,963,880 | € 28,069,197 | € 30,875,750 | € 28,686,861 | ▼ 7% |
Key figures of Chic O'Ray, 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 Chic O'Ray?
What happened at Chic O'Ray in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 352,535 (▼ 13% vs 2023). filed late Source: NBB ↗
- New establishment in Pittem. KBO
- Piet Brysse became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 127,508 profit in 2021 to € 352,535 profit in 2024.
Paid € 143,604 in corporate taxes since 2021.
Best year ever: 2023, with € 405,688 profit.
A new publication or filing at Chic O'Ray? We notify you, reason included.
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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
Behind Chic O'Ray is Piet Brysse. It owns 99% of Busy Bees BV, 50% of Fiboma BV, 50% of Arthemis Holding NV and 16.7% of SAS Homeco Energies itself.
Directors
According to the 2024 annual accounts
since 2000
Establishments
Establishment units
Physical locations of this company
Koolkenstraat 9
8740 Pittem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Vereniging van Mede-eigenaars residentie Chic O'Ray te Pittem, Koolkenstraat 9
GROEP 'T BOERENHUYS
AGRINVEST same network
€ 469 gross margin · 2025
't Boerenhuys
€ 278,064 gross margin · 2025
FIBOMA same network
€ 28,583 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.639.239
- VAT number
- BE 0471.639.239
- Registered office
- Koolkenstraat 9, 8740 Pittem
- Names & denominations
- Chic O'Ray
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 April 2000
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige zakelijke dienstverlening, n.e.g.
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Fokken en houden van paarden en andere paardachtigen
Overige zakelijke dienstverlening, neg