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 19.3 to 16.9.
Financials
Financial year 2025
COLOR BY CHERCHYE from Ieper, company number BE0862075622, closed financial year 2025 with a result of € 122,334 after tax. For that financial year COLOR BY CHERCHYE recorded a gross margin of € 1.3 million and equity of € 273,356. Compared with financial year 2024, the result moved from € 131,002 to € 122,334. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 273,356
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 122,334
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 21,156
▼ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 94,000 paid out
77 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
16.9
▼ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 3% vs 2024
€ 62,400 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.
€ 116,912
▲ 7% vs 2024
Of which on lease € 56,704.
Debts at end 2025
€ 536,542
▲ 16% vs 2024
€ 59,661 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 809,381
▲ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 63,016
▲ 34% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,400,943 | € 1,315,408 | € 1,268,912 | € 1,337,936 | ▲ 5% |
| Profit after taxes | € 226,520 | € 117,707 | € 131,002 | € 122,334 | ▼ 7% |
| Equity | € 194,312 | € 220,019 | € 245,022 | € 273,356 | ▲ 12% |
| Total debts | € 1,465,661 | € 1,302,348 | € 1,328,427 | € 1,520,507 | ▲ 14% |
| Cash | € 622,189 | € 223,218 | € 397,986 | € 21,156 | ▼ 95% |
| Land & buildings | - | € 41,298 | € 77,146 | € 301,587 | ▲ 291% |
| Retained profit | € 139,312 | € 165,019 | € 190,022 | € 218,356 | ▲ 15% |
| Dividend | € 197,000 | € 92,000 | € 106,000 | € 94,000 | ▼ 11% |
| Bank debt | € 258,860 | € 436,458 | € 463,005 | € 536,542 | ▲ 16% |
| Balance sheet total | € 1,659,974 | € 1,522,367 | € 1,573,449 | € 1,793,863 | ▲ 14% |
| Employees (FTE) | 22.2 | 19.3 | 18.4 | 16.9 | ▼ 1.5 |
Key figures of COLOR BY CHERCHYE, 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 COLOR BY CHERCHYE?
What happened at COLOR BY CHERCHYE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 122,334 (▼ 7% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Ieper. KBO
In short
From € 226,520 profit in 2022 to € 122,334 profit in 2025.
Paid € 61,037 in corporate taxes since 2022.
Best year ever: 2022, with € 226,520 profit.
On average € 79,200 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
The stake of EDCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COLOR BY CHERCHYEBehind COLOR BY CHERCHYE is Edco bv. The shares are held by EDCO (27.3%).
Establishments
Establishment units
Physical locations of this company
Paddevijverstraat 58
8900 Ieper
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
Website info
Features
Security
Details
- Company number
- 0862.075.622
- VAT number
- BE 0862.075.622
- Registered office
- Paddevijverstraat 58, 8900 Ieper
- Names & denominations
- COLOR BY CHERCHYE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 2003
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- color.be [email protected] 057 21 82 79
- Activities · NACE
Schilderen
Schilderen van gebouwen
Overige werkzaamheden in verband met de afwerking van gebouwen
Stukadoorswerk
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair