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 61 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CHIMSCO from Gedinne, company number BE0477199121, closed financial year 2025 with a result of € 57,699 after tax. For that financial year CHIMSCO recorded revenue of € 13.2 million and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 32,240 to € 57,699. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 2.4 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 57,699
▲ 79% vs 2024
Profit after tax over the fiscal year.
€ 1.4 million
▲ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 75,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
86.9
▲ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.6 million
▲ 5% vs 2024
€ 53,000 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.
€ 1.6 million
▼ 9% vs 2024
Of which on lease € 1.5 million.
Debts at end 2025
€ 5.1 million
▼ 16% vs 2024
€ 612,325 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 1.3 million
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 61 days on average.
€ 724,729
▲ 35% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 11,587,343 | € 12,304,531 | € 13,189,414 | ▲ 7% |
| Gross margin | € 3,886,608 | - | - | - | |
| Profit after taxes | € 165,841 | € 310,183 | € 32,240 | € 57,699 | ▲ 79% |
| Equity | € 1,962,774 | € 2,236,893 | € 2,450,672 | € 2,389,199 | ▼ 3% |
| Total debts | € 6,836,928 | € 7,801,903 | € 8,797,601 | € 8,077,935 | ▼ 8% |
| Cash | € 792,292 | € 1,271,824 | € 737,543 | € 1,448,604 | ▲ 96% |
| Land & buildings | € 3,838,344 | € 3,699,227 | € 3,547,501 | € 4,734,306 | ▲ 33% |
| Retained profit | € 1,176,692 | € 1,486,874 | € 1,519,114 | € 1,501,814 | ▼ 1% |
| Dividend | € 0 | € 0 | € 0 | € 75,000 | |
| Bank debt | € 4,582,804 | € 4,731,441 | € 6,102,780 | € 5,134,415 | ▼ 16% |
| Balance sheet total | € 9,033,739 | € 10,262,347 | € 11,461,339 | € 10,669,713 | ▼ 7% |
| Employees (FTE) | 63 | 69.2 | 85.1 | 86.9 | ▲ 1.8 |
Key figures of CHIMSCO, 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 CHIMSCO?
What happened at CHIMSCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- EMIXEM SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 57,699 (▲ 79% vs 2024). Source: NBB ↗
- EMIXEM SRL became a director. NBB
- New establishment in Ciney. KBO
- New establishment in Gedinne. KBO
- Start of the company according to the CBE. KBO
In short
From € 165,841 profit in 2022 to € 57,699 profit in 2025.
Paid € 95,321 in corporate taxes since 2022.
Best year ever: 2023, with € 310,183 profit.
On average € 61,700 of value added per employee in 2022.
Management
The stake of SERENOS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CHIMSCOThe shares are held by SERENOS (100%).
Directors
According to the 2025 annual accounts
Director · represented by Xavier MICHAUX
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Station 16
5575 Gedinne
Rue du Parc Industriel d'Achêne 2
5590 Ciney
Active since 25 May 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0477.199.121
- VAT number
- BE 0477.199.121
- Registered office
- Station 16, 5575 Gedinne
- Names & denominations
- CHIMSCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 2002
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
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