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Chauffage Coussement

Active
Private limited company (pre-2019)founded 1966active for 60 yearsAntoon Catriestraat 33, 9031 Gent, BelgiumKBO/BCE: BE 0400.077.785
Summary

Chauffage Coussement has been active since 1966 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €829,291 and a net result of €194,159. Equity remains stable across the filed financial years (±2.3% per year). Its solvency ranks better than 59% of 2,434 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222Wholesale of construction materials, general range NACE 46831
5th oldest company in Ghent, Construction sector1 site
Size
€1.7mtotal assets 2025
Staff
10.3 FTE
Equity
€829,291
Profit
€194,159
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Parent
Advices for Technical Systems · 80%
Holdings
1
Auditor: BMS & C°2025 accounts 45 days early3 of 8 deeds summarised
Why 97raises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 2.79, cash €534,019Founded in 1966Profit of €194,159 (financial year 2025)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 76% of its sector peers (NACE 43, small)
Financial strength · tick = 2024
Strong
Solvency 74+7
equity 49.4% of total assets
Liquidity 79+3
short-term debt 26.9% · cash 31.8%
Profitability 83-1
return on assets 11.6%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,646 companies, NACE 43, small)
Last 24 months 11-2024: 1.1% 12-2024: 1.1%● unchanged vs 11-2024 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.2%▲ +0.1 percentage points vs 04-2025highest value 06-2025: 1.1%▼ -0.1 percentage points vs 05-2025 07-2025: 0.1%▼ -1.0 percentage point vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: < 0.1%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €80,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.79, compared with 2.78 in 2024, above the usual 1.5; short-term debt: 26.9% and cash: 31.8% of total assets), but 50.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small): better than 66% on solvency, 92% on liquidity, 78% on profitability and 67% on growth.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.79, cash €534,019
NBB · annual accounts
lowers risk · Founded in 1966
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Profit of €194,159 (financial year 2025)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €829,291
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
37 days early
2023
35 days early
2022
40 days early
2021
58 days early
2020
29 days early
2019
42 days 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 29 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: BMS&C° (statutory auditor)Gazette deed
  2. Annual accounts filedfinancial year 2025 · full…
  3. Resignation: Hendrik Aelbrecht (director)Appointment: Filip De Bruyne (director)

Key points

  • Positive: 5th oldest company in Ghent, Construction sectorin the Checked rankings No. 5 View
  • Controlled by Advices for Technical Systemsultimately: EDF BELGIUM 80% View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
  • Merger with Censatechmerger on 26-01-2024 2024 View
  • Active since 1966founded 13-07-1966 60 years View

By topic

Financials

Financial year
2025
Total assets
€1.7m
Profit
€194,159
Solvency
49.4%
Total assets▼ 4.2%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Parent
Advices for Technical Systems · 80%
Auditor
BMS & C°
  • René SchepensChair
  • MELIORManaging director
  • Filip De BruyneDirector
Go to Board & ownership

Network & group

Group
EDF BELGIUM
Subsidiaries
1
Mergers and asset contributions
1

1 subsidiary

Go to Network & group

Timeline

Events
56
Since
1978
Next accounts
by 31-07-2027
  1. 24-06-2025Annual accounts filed
  2. 31-12-2024Back to profit
  3. 31-12-2024Liquidity more than doubled
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded
13-07-1966
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
44
Annual meeting
Last Friday of May at 10:00
Purpose
“Het vervaardigen,samenstellen,inrichten,plaatsen,aankoop en verkoop,productie,groot en…” (deed in Dutch)
Go to Articles of association

Key facts about Chauffage Coussement

What is the company number of Chauffage Coussement?
0400.077.785. In Belgium the VAT number is the company number with BE in front: BE 0400.077.785.
Where is Chauffage Coussement based?
The registered office is at Antoon Catriestraat 33, 9031 Gent.Company details
What does Chauffage Coussement do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of Chauffage Coussement?
Private limited company (pre-2019) (BVBA).
When was Chauffage Coussement founded?
On 13-07-1966.
Is Chauffage Coussement still active?
Yes, Chauffage Coussement is an active enterprise in the KBO register.
How many employees does Chauffage Coussement have?
On average 10.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Chauffage Coussement?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Chauffage Coussement profitable?
In financial year 2025, Chauffage Coussement made a profit of €194,159.
Where can I find the annual accounts of Chauffage Coussement?
Chauffage Coussement filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Chauffage Coussement due?
By 31-07-2027, for financial year 2026.Timeline

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