Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CHAMMAX from Herve, company number BE0627818543, closed financial year 2025 with a result of € 5,508 after tax. For that financial year CHAMMAX recorded a gross margin of € 36,675 and equity of € -74,547. Compared with financial year 2024, the result moved from € -3,475 to € 5,508. Profitable, and profit is growing. 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 29, 2026.
€ -74,547
▲ € 3,682 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,508
▲ still € 3,475 loss in 2024
Profit after tax over the fiscal year.
€ 10,132
▼ 49% 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 € -280,747.
People and assets in 2025
€ 877
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 36,750
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 571,126
▼ 8% vs 2024
€ 8,172 is repaid this year. At this pace the long-term loan is gone in ≈ 70 years.
€ 11,454
▲ € 10,204 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,536
▼ 69% 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 | € 29,825 | € -18,653 | € 19,798 | € 36,675 | ▲ 85% |
| Profit after taxes | € -46,581 | € -50,189 | € -3,475 | € 5,508 | ▲ € 8,983 |
| Equity | € -24,565 | € -74,754 | € -78,229 | € -74,547 | ▲ € 3,682 |
| Total debts | € 928,067 | € 945,551 | € 1,020,254 | € 1,016,112 | |
| Cash | € 5,071 | € 7,045 | € 19,695 | € 10,132 | ▼ 49% |
| Land & buildings | € 810,798 | € 810,798 | € 810,798 | € 810,798 | |
| Retained profit | € -230,765 | € -280,954 | € -284,429 | € -280,747 | ▲ € 3,682 |
| Bank debt | € 673,132 | € 605,376 | € 623,035 | € 571,126 | ▼ 8% |
| Balance sheet total | € 903,503 | € 870,797 | € 942,025 | € 941,565 |
Key figures of CHAMMAX, 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 CHAMMAX?
What happened at CHAMMAX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,508. filed late Source: NBB ↗
- New establishment in Herve. KBO
- New establishment in Blégny. KBO
- Start of the company according to the CBE. KBO
In short
From € 46,581 loss in 2022 to € 5,508 profit in 2025.
Best year ever: 2025, with € 5,508 profit.
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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 CHAMMAX are DAVID GIAPONNE and EMMANUELLE HENRARD.
Directors
According to the 2025 annual accounts
DAVID GIAPONNE
Director
EMMANUELLE HENRARD
Director
Establishments
Establishment units
Physical locations of this company
Rue de Stockis 23
4650 Herve
Rue Vieille Voie d'Ardenne 4
4671 Blégny
Active since 1 April 2015
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0627.818.543
- VAT number
- BE 0627.818.543
- Registered office
- Rue de Stockis 23, 4650 Herve
- Names & denominations
- CHAMMAX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 2015
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
Activiteiten van paardensportclubs
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met beperkte bediening
Fokken en houden van andere dieren
Fokken en houden van paarden en andere paardachtigen
Handelsbemiddeling in de groothandel in landbouwgrondstoffen, levende dieren en textielgrondstoffen en halffabricaten
Detailhandel in andere huishoudelijke artikelen, neg
Exploitatie van sportaccommodaties
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