Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 5.5 to 1.3.
Financials
Financial year 2025
CHIC from Koksijde, company number BE0635513712, closed financial year 2025 with a result of € 63,120 after tax. For that financial year CHIC recorded a gross margin of € 221,871 and equity of € 417,599. Compared with financial year 2024, the result moved from € 122,951 to € 63,120. 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 July 27, 2026.
€ 417,599
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 63,120
▼ 49% vs 2024
Profit after tax over the fiscal year.
€ 487,780
▲ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 105,263 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
1.3
▼ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 66,967
▼ 74% vs 2024
€ 51,500 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.
€ 92,670
▼ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 38,178
▼ 40% vs 2024
€ 26,613 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 116,980
▲ 196% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 51,944
▼ 11% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 259,535 | € 269,082 | € 551,312 | € 221,871 | ▼ 60% |
| Profit after taxes | € 8,812 | € 5,155 | € 122,951 | € 63,120 | ▼ 49% |
| Equity | € 466,637 | € 471,791 | € 459,742 | € 417,599 | ▼ 9% |
| Total debts | € 419,412 | € 1,364,144 | € 362,300 | € 472,005 | ▲ 30% |
| Cash | € 119,577 | € 325,492 | € 321,269 | € 487,780 | ▲ 52% |
| Land & buildings | € 18,580 | € 18,205 | € 17,642 | € 17,267 | ▼ 2% |
| Retained profit | € 448,087 | € 453,241 | € 441,192 | € 399,049 | ▼ 10% |
| Dividend | € 0 | € 0 | € 135,000 | € 105,263 | ▼ 22% |
| Bank debt | € 126,347 | € 231,920 | € 63,255 | € 38,178 | ▼ 40% |
| Balance sheet total | € 886,048 | € 1,835,936 | € 822,042 | € 889,604 | ▲ 8% |
| Employees (FTE) | - | 5.5 | 3.3 | 1.3 | ▼ 2 |
Key figures of CHIC, 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 CHIC?
What happened at CHIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 63,120 (▼ 49% vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- New establishment in Oosterzele. KBO
- New establishment in Koksijde. KBO
- Elwin Van Herck became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 8,812 profit in 2022 to € 63,120 profit in 2025.
Paid € 81,683 in corporate taxes since 2022.
Best year ever: 2024, with € 122,951 profit.
On average € 170,700 of value added per employee in 2025.
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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 is Elwin Van Herck. Elwin Van Herck is also behind Intercommunale Waterleidingsmaatschappij van Veurne Ambacht and INDROS.
Directors
According to the 2025 annual accounts
Elwin Van Herck
Director
Also active at: Intercommunale Waterleidingsmaatschappij van Veurne Ambacht, INDROS
since 2015
Establishments
Establishment units
Physical locations of this company
Houtsaegerlaan(Kok) 4
8670 Koksijde
Van Thorenburghlaan 20
9860 Oosterzele
Active since 21 December 2019
Kotterstraat 99
8380 Brugge
Active since 1 July 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0635.513.712
- VAT number
- BE 0635.513.712
- Registered office
- Houtsaegerlaan(Kok) 4, 8670 Koksijde
- Names & denominations
- CHIC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 August 2015
- Peppol
- Active · Active since 4 Jul 2025
- Activities · NACE
Vlieg- en vaaronderricht
Technisch, beroeps- en buitengewoon secundair onderwijs, neg
Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg
Overige gespecialiseerde wetenschappelijke en technische activiteiten