B.CHAUFFAGE
ActiveSummary
B.CHAUFFAGE has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €21k and a net result of €-18. Equity is growing by ~24.5% per year across the filed fiscal years. Its solvency ranks better than 61% of 3549 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
54
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability45▼-40
Solvency74▼-25
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.56 against 3.39 in 2023; short-term debt: 30.5% and cash: 3.2% of total assets), but 51.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
48.6%
Return on assets
0%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
36 d early
2022
32 d early
2021
30 d early
2020
46 d early
2019
39 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-18
2023 · €4k
2018: €1k
2019: €-2k
2020: €-4k
2021: €18k
2022: €3k
2023: €4k
2018 → 2024
Working capital
€7k▼ 58.9%
2023 · €18k
2018: €-355
2019: €-7k
2020: €-3k
2021: €10k
2022: €13k
2023: €18k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-3k-€14k€17k▲ 18.1%€21k▲ 21.1%€21k▼ 0.1%
Operating result€-3k-€19k€2k▼ 88.1%€5k▲ 127%€282▼ 94.4%
Net result€-4k-€18k€3k▼ 85.2%€4k▲ 37.6%€-18
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 94% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €42k
Fixed assets
€22k ▲ 666%
Current assets
€20k ▼ 19.6%
Equity and liabilities €42k
Equity
€21k ▼ 0.1%
Debt
€22k ▲ 194%
Debt's share of the balance-sheet total rises from 26.4% to 51.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€5k▼
2023 · €6k
Cash flow
€5k▼
2023 · €5k
Current ratio
1.56▼
2023 · 3.39
Debt to equity
1.06▲
2023 · 0.36
ROE
-0.1%▼
2023 · 17.4%
ROA
0.0%▼
2023 · 12.8%
Interest coverage
3.11▼
2023 · 7.54
Debt ≤ 1 year
€13k▲
2023 · €7k
Debt > 1 year
€9k
Income taxes
€43▼
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€28k€42k▲
Fixed assets21/28€3k€22k▲
Tangible fixed assets22/27€3k€22k▲
Furniture and vehicles24€3k€22k▲
Current assets29/58€25k€20k▼
Amounts receivable within one year40/41€22k€18k▼
Trade receivables40€4k€762▼
Other amounts receivable41€18k€17k▼
Cash at bank and in hand54/58€1k€1k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€28k€42k▲
Equity10/15€21k€21k▼
Contributions10/11€6k€6k=
Reserves13€14k€14k=
Distributable reserves133€14k€14k=
Profit (loss) carried forward14€432€414▼
Amounts payable17/49€7k€22k▲
Amounts payable after more than one year17-€9k
Financial debts170/4-€9k
Amounts payable within one year42/48€7k€13k▲
Current portion of amounts payable after more than one year42-€3k
Financial debts43-€6k
Credit institutions430/8-€6k
Trade debts44€6k€2k▼
Suppliers440/4€6k€2k▼
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€2k€1k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€960€5k▲
Other operating charges640/8€442€353▼
Non-recurring operating charges66A-€3k
Gross operating margin9900€6k€8k▲
Operating profit (loss)9901€5k€282▼
Financial income75/76B€730€1k▲
Recurring financial income75€730€1k▲
Financial charges65/66B€800€2k▲
Recurring financial charges65€800€2k▲
Profit (loss) for the period before taxes9903€5k€25▼
Income taxes67/77€1k€43▼
Profit (loss) for the period9904€4k€-18▼
Profit (loss) for the period to be appropriated9905€4k€-18▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€414▼
Profit (loss) brought forward from the previous period14P€-140€432▲
Transfer to equity691/2€3k-
To other reserves6921€3k-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €18k
Net result €18k after 2 loss-making years.
31-12
Financial
Liquidity times 7current ratio 3.43
Current ratio from 0.46 to 3.43; short-term debt falls from €6k to €4k.
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Braives · 1 establishment unit since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Velupont 44260 BraivesGround area
439 m²
Building footprint
61 m²
Volume, LiDAR
542 m³
Parcel 64071B0559/00L000, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
B.CHAUFFAGE
since 20062.151.636.776
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64071B0559/00L000 | Wallonia | 439 m² | 1 · 61 m² | 9.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Thibault BODSON
BE 1008.712.007
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WINANT
BE 0444.198.137
Braives · Eq €20,560
ELMOTECH
BE 0511.978.272
Genk · Eq €20,460
Gertjan Etienne
BE 0550.515.184
Schilde · Eq €20,460
CONFORT IDEAL ACTIVITY
BE 0550.966.334
Soignies · Eq €20,460
Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 3,544 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-2005
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.