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CHAUFFAGE CONSTANT

Active
Private limited companyfounded 201510 yrs activeRoute du Congrès de Polleur 38, 4910 Theux, BelgiumKBO/BCE: BE 0640.787.344

The file of CHAUFFAGE CONSTANT contains 2 judicial reorganisation notices, as published in the Belgian State Gazette.

Summary

The computed 12-month bankruptcy probability is 6.3% (elevated). The 2025 annual accounts show equity of €77,907 and a net result of -€1,381. Equity is growing by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 81% of 33943 sector peers (fiscal year 2025).

Risk analysisWatch ReportCompare
CHAUFFAGE CONSTANTActiveChecked score 36/100
Risk analysis ReportCompare

Overview

Activity
Plumbing work
NACE 43221Installation of electric heating, air conditioning, cooling and ventilation NACE 43222
1 site
Size
€102,354total assets 2025
Equity
€77,907
Loss
-€1,381
Turnover not published (abridged schema)
Financial health
36 Weak Checked score 2025
Bankruptcy chance 12 m
6.3%
Structure
Accounts filed 26 d late1 of 6 deeds read
Why 36- Judicial reorganisation on record (2 publications, latest 07-11-2018)- Latest accounts 26 days late; 1 of the last 3 late- Liquidity: current ratio 4.06, cash €606, halved- 1 change of registered office in 24 monthsShow the evidence

Checked score

Score 2025
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 47% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 100+4
equity 76.1% of total assets
Liquidity 42=
short-term debt 23.9% · cash 0.6%
Profitability 67-33
return on assets -1.3%
Bankruptcy probability, 12 months
6.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,515 companies)
Last 24 months 11-2024: 9.7% 12-2024: 9.7%● 0.0% vs 11-2024 01-2025: 9.7%● 0.0% vs 12-2024 02-2025: 9.6%▼ -1.6% vs 01-2025 03-2025: 9.3%▼ -3.0% vs 02-2025 04-2025: 9.2%▼ -0.4% vs 03-2025 05-2025: 9.0%▼ -2.1% vs 04-2025 06-2025: 8.8%▼ -2.5% vs 05-2025 07-2025: 8.8%▼ -0.7% vs 06-2025 08-2025: 10.2%▲ +16.3% vs 07-2025highest value 09-2025: 3.9%▼ -61.6% vs 08-2025 10-2025: 3.9%● 0.0% vs 09-2025 11-2025: 3.9%● 0.0% vs 10-2025 12-2025: 3.9%● 0.0% vs 11-2025 01-2026: 3.8%▼ -1.5% vs 12-2025 02-2026: 3.8%▼ -1.9% vs 01-2026 03-2026: 3.8%▼ -0.6% vs 02-2026lowest value 04-2026: 5.5%▲ +46.4% vs 03-2026 05-2026: 6.4%▲ +15.6% vs 04-2026 06-2026: 6.3%▼ -1.1% vs 05-2026 07-2026: 6.4%▲ +2.7% vs 06-2026 08-2026: 8.2%▲ +27.0% vs 07-2026 09-2026: 6.3%▼ -23.2% vs 08-2026 10-2026: 6.3%● 0.0% vs 09-2026
  • Judicial reorganisation on record (2 publications, latest 07-11-2018) raises the probability
  • Latest accounts 26 days late; 1 of the last 3 late raises the probability
  • Liquidity: current ratio 4.06, cash €606, halved raises the probability
  • 1 change of registered office in 24 months raises the probability
Credit up to €2,500 at 30 days only on tighter terms
Liquidity ample (current ratio 4.06 against 3.1 in 2024; short-term debt: 23.9% and cash: 0.6% of total assets), and 23.9% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 90%, liquidity 32%, profitability 33%, growth against the median 32%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Judicial reorganisation on record (2 publications, latest 07-11-2018)
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Latest accounts 26 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Liquidity: current ratio 4.06, cash €606, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
26 d late
2024
27 d late
2023
70 d late
2022
23 d late
2021
122 d early
2020
30 d late
2019
200 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 36 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 26 August (4 of the last 5 filed years within 45 days of that day).
Companies Code · seven months
Position in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Registered officeRegistered-office move
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Positive: Among the best 19% on solvencysector median 47.1% · 33,943 companies 76.1% View
  • Total assets 20256 fiscal years filed €102,354 View
  • Active since 2015founded 09-10-2015 10 years View

By topic

Financials

Fiscal year
2025
Total assets
€102,354
Loss
-€1,381
Solvency
76.1%
Total assets▼ 7.8%
Net result
20182025
Go to Financials

Timeline

Events
17
Since
2018
Next accounts
by 31-07-2027
  1. 26-08-2026Annual accounts filed
  2. 09-03-2026Registered office
  3. 27-08-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Plumbing workNACE 43221
Founded
09-10-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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