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BILGE CHAUFFAGE

Active
Private limited companyfounded 2025active for 1 yearSteenweg op Mechelen 455, 1950 Kraainem, Belgium960 active companies are registered at this addressKBO/BCE: BE 1021.982.991
Summary

The computed 12-month bankruptcy probability of BILGE CHAUFFAGE is 2.4% (moderate). The 2025 annual accounts show equity of €918 and a net result of €808. Its solvency ranks better than 14% of 34,747 sector peers (NACE 43, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
€918
Total assets
€9,266
Net result
€808
Working capital
-€8,150

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €9,266
Fixed assets €9,068
Current assets €198
Equity and liabilities €9,266
Equity €918
Debt €8,348
Debt finances 90.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€1,516
Cash flow
€1,240
Current ratio
0.02
ROA
8.7%
Interest coverage
20.47
Debt ≤ 1 year
€8,348
Income taxes
€202
Equity ratios withheld: equity of €918 is too small for a meaningful ratio.

Peer companies

Historical observation

Of the 320 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
0.9% went bankrupt
2.5% stopped otherwise
96.6% still going

For this company itself Checked computes a higher bankruptcy probability: 2.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 320 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 31 lines
Balance sheet Code2025
Assets
Total assets20/58€9,266
Fixed assets21/28€9,068
Tangible fixed assets22/27€9,068
Plant, machinery and equipment23€801
Furniture and vehicles24€8,267
Current assets29/58€198
Amounts receivable within one year40/41€146
Other amounts receivable41€146
Cash at bank and in hand54/58€52
Equity and liabilities
Total equity and liabilities10/49€9,266
Equity10/15€918
Contributions10/11€110
Profit (loss) carried forward14€808
Amounts payable17/49€8,348
Amounts payable within one year42/48€8,348
Trade debts44€363
Suppliers440/4€363
Taxes, remuneration and social security45€202
Taxes450/3€202
Other amounts payable47/48€7,783
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€432
Other operating charges640/8€109
Gross operating margin9900€1,625
Operating profit (loss)9901€1,084
Financial charges65/66B€74
Recurring financial charges65€74
Profit (loss) for the period before taxes9903€1,010
Income taxes67/77€202
Profit (loss) for the period9904€808
Profit (loss) for the period to be appropriated9905€808
Appropriation of the result
Profit (loss) to be appropriated9906€808

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€432
Other operating charges640/8€109
Gross operating margin9900€1,625
Operating profit (loss)9901€1,084
Financial charges65/66B€74
Recurring financial charges65€74
Profit (loss) for the period before taxes9903€1,010
Income taxes67/77€202
Profit (loss) for the period9904€808
Profit (loss) for the period to be appropriated9905€808
Line2025
Assets
Total assets20/58€9,266
Fixed assets21/28€9,068
Tangible fixed assets22/27€9,068
Plant, machinery and equipment23€801
Furniture and vehicles24€8,267
Current assets29/58€198
Amounts receivable within one year40/41€146
Other amounts receivable41€146
Cash at bank and in hand54/58€52
Equity and liabilities
Total equity and liabilities10/49€9,266
Equity10/15€918
Contributions10/11€110
Profit (loss) carried forward14€808
Amounts payable17/49€8,348
Amounts payable within one year42/48€8,348
Trade debts44€363
Suppliers440/4€363
Taxes, remuneration and social security45€202
Taxes450/3€202
Other amounts payable47/48€7,783
Line2025
Profit (loss) for the period9904€808
+ Depreciation and write-downs630€432
Operating cash flow (approximation)€1,240

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 01-06-2026 2026-00128875

Similar companies · same sector, comparable size

Of the 523 active companies whose main activity is specialised construction activities (NACE 43223), figures are known for 123. 11 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.