ACTIVE

CHAVICO

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Financial year 2025 · closed on 31/12/2025

Net result

48,8 k €

-56.2% YoY

Gross margin

113,2 k €

-47.2% YoY

Equity

526,7 k €

-1.9% YoY

What does CHAVICO do?

CHAVICO is a Private limited company incorporated in 2006. Its main activity is: Other human health activities. Its registered office is in Huy.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0878.629.859

Incorporation

12/01/2006

Legal form

Private limited company

Registered office

Chaussée d'Andenne 51
4500 Huy · WallonieSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Activities (NACE)

86901Other human health activities· main 86910Other human health activities 85592Other education n.e.c.85592Other education n.e.c.85599Other education n.e.c.85599Other education n.e.c.

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	113,2 k €	-47.2%	214,3 k €	-8.2%	233,5 k €	-17.8%	284,1 k €	+132%	122,7 k €	+2.4%	119,9 k €	-9.8%	132,9 k €	-1.5%	135 k €	+69.8%	79,5 k €	-36.5%	125,1 k €	+0.6%	124,4 k €	-8.0%	135,3 k €	-7.9%	146,8 k €	+18.6%	123,8 k €	+15.7%	106,9 k €	+15.0%	93 k €	-34.8%	142,6 k €	+30.3%	109,5 k €	+48.9%	73,5 k €	-57.9%	174,5 k €
EBITDA	112,8 k €	-47.0%	213 k €	-8.2%	232,1 k €	-16.1%	276,7 k €	+128%	121,5 k €	+2.6%	118,5 k €	-10.1%	131,8 k €	+2.9%	128,1 k €	+62.7%	78,7 k €	-36.7%	124,3 k €	+0.6%	123,7 k €	-7.9%	134,2 k €	-7.5%	145,1 k €	+18.0%	123 k €	+15.6%	106,4 k €	+15.3%	92,3 k €	-34.4%	140,7 k €	+31.4%	107,1 k €	+50.6%	71,1 k €	-58.8%	172,4 k €
Operating result	71,9 k €	-58.0%	171,2 k €	-12.2%	195,1 k €	-19.2%	241,6 k €	+169%	89,7 k €	+2.9%	87,1 k €	-13.5%	100,7 k €	-0.8%	101,5 k €	+106%	49,2 k €	-57.0%	114,4 k €	+22.4%	93,5 k €	-9.6%	103,5 k €	-4.8%	108,7 k €	+9.9%	98,9 k €	+17.4%	84,3 k €	+19.8%	70,3 k €	-40.5%	118,2 k €	+41.1%	83,8 k €	+75.6%	47,7 k €	-68.3%	150,6 k €
Net result	48,8 k €	-56.2%	111,2 k €	-14.2%	129,6 k €	-22.2%	166,6 k €	+197%	56,2 k €	-4.6%	58,9 k €	-11.4%	66,5 k €	+2.7%	64,8 k €	+157%	25,2 k €	-62.8%	67,8 k €	+27.0%	53,4 k €	-12.1%	60,8 k €	-14.5%	71 k €	+11.8%	63,5 k €	+16.5%	54,5 k €	+34.7%	40,5 k €	-45.0%	73,5 k €	+43.7%	51,2 k €	+78.1%	28,7 k €	-70.0%	95,7 k €
Balance sheet
Equity	526,7 k €	-1.9%	536,8 k €	+9.1%	492,1 k €	+15.2%	427,2 k €	+49.5%	285,8 k €	-3.9%	297,5 k €	+1.9%	292 k €	+6.0%	275,5 k €	+30.7%	210,7 k €	-15.1%	248,1 k €	+37.6%	180,3 k €	+42.1%	126,9 k €	+69.3%	74,9 k €	-46.5%	140,1 k €	+83.0%	76,6 k €	+248%	22 k €	-80.3%	111,5 k €	+194%	38 k €	-72.2%	136,8 k €	+26.6%	108,1 k €
Total assets	738,1 k €	-10.0%	820,3 k €	+20.4%	681,2 k €	+8.2%	629,3 k €	+50.8%	417,4 k €	-9.4%	460,5 k €	+8.0%	426,3 k €	+18.7%	359,2 k €	-9.8%	398,3 k €	+48.3%	268,6 k €	+12.5%	238,7 k €	-6.5%	255,4 k €	-14.5%	298,8 k €	+37.2%	217,8 k €	+7.5%	202,5 k €	-24.3%	267,6 k €	-11.7%	303,1 k €	-12.8%	347,5 k €	+12.2%	309,8 k €	-5.0%	326,1 k €
Cash	44,6 k €	-37.4%	71,2 k €	+38.7%	51,4 k €	-74.4%	200,8 k €	+34.1%	149,7 k €	+8.1%	138,5 k €	+98.5%	69,8 k €	-50.9%	142,1 k €	+105%	69,2 k €	-53.9%	150,1 k €	+48.7%	100,9 k €	-10.8%	113,1 k €	+0.1%	113 k €	+157%	43,9 k €	+146%	17,9 k €	-47.4%	34 k €	+50.4%	22,6 k €	-63.6%	62,1 k €	+32.6%	46,8 k €	-17.2%	56,5 k €
Debts	211,5 k €	-25.4%	283,5 k €	+49.9%	189,1 k €	-6.4%	202,1 k €	+53.6%	131,5 k €	-4.6%	137,9 k €	+2.6%	134,3 k €	+60.5%	83,7 k €	-55.4%	187,6 k €	+817%	20,5 k €	-65.0%	58,4 k €	-54.5%	128,5 k €	-42.6%	223,9 k €	+188%	77,7 k €	-38.3%	126 k €	-48.7%	245,6 k €	+28.2%	191,5 k €	-38.1%	309,6 k €	+78.9%	173 k €	-20.5%	217,7 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Jean-Michel CIRRIEZ

Director · since 12 janvier 2006

Active

Ended mandates

Jean-Michel CIRRIEZ

Manager · since 12 janvier 2006

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	04/07/2026	07/07/2025	05/07/2024	06/07/2023	21/06/2022	25/06/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	30/06/2023	17/06/2022	18/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	26/06/2026	04/07/2026	French	PDF
Micro model	31/12/2024	27/06/2025	07/07/2025	French	PDF
Micro model	31/12/2023	28/06/2024	05/07/2024	French	PDF
Micro model	31/12/2022	30/06/2023	06/07/2023	French	PDF
Micro model	31/12/2021	17/06/2022	21/06/2022	French	PDF
Micro model	31/12/2020	18/06/2021	25/06/2021	French	PDF
Micro model	31/12/2019	19/06/2020	13/07/2020	French	PDF
Micro model	31/12/2018	21/06/2019	03/07/2019	French	PDF
Micro model	31/12/2017	15/06/2018	05/07/2018	French	PDF
Micro model	31/12/2016	17/06/2017	28/07/2017	French	PDF
Abridged model	31/12/2015	17/06/2016	18/08/2016	French	PDF
Abridged model	31/12/2014	19/06/2015	30/06/2015	French	PDF
Abridged model	31/12/2013	20/06/2014	24/06/2014	French	PDF
Abridged model	31/12/2012	21/06/2013	27/07/2013	French	PDF
Abridged model	31/12/2011	15/06/2012	28/06/2012	French	PDF
Abridged model	31/12/2010	17/06/2011	05/07/2011	French	PDF
Abridged model	31/12/2009	17/06/2010	18/06/2010	French	PDF
Abridged model	31/12/2008	19/06/2009	25/06/2009	French	PDF
Abridged model	31/12/2007	20/06/2008	21/06/2008	French	PDF
Abridged model	31/12/2006	15/06/2007	29/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Jean-Michel CIRRIEZ

Director · since 12 janvier 2006

Active

Ended mandates

Jean-Michel CIRRIEZ

Manager · since 12 janvier 2006

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/05/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
PDF
Capital / shares23/01/2018
CAPITAL, ACTIONS
PDF
Capital / shares03/01/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Capital / shares22/05/2006
DIVERS - CAPITAL, ACTIONS
PDF
Other25/01/2006
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202548,8 k €↓
2024
Annual accounts 2024111,2 k €↓
2023
Annual accounts 2023129,6 k €↓
2022
Annual accounts 2022166,6 k €↑
2021
Annual accounts 202156,2 k €↓
2020
Annual accounts 202058,9 k €↓
2019
Annual accounts 201966,5 k €↑
2018
Annual accounts 201864,8 k €↑
2017
Annual accounts 201725,2 k €↓
2016
Annual accounts 201667,8 k €↑
2015
Annual accounts 201553,4 k €↓
2014
Annual accounts 201460,8 k €↓
2013
Annual accounts 201371 k €↑
2012
Annual accounts 201263,5 k €↑
2011
Annual accounts 201154,5 k €↑
2010
Annual accounts 201040,5 k €↓
2009
Annual accounts 200973,5 k €↑
2008
Annual accounts 200851,2 k €↑
2007
Annual accounts 200728,7 k €↓
2006
Annual accounts 200695,7 k €
12/01/2006
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CHAVICO

Overview

What does CHAVICO do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline