CHAUFFAGE EXPRESS
ActiveSummary
The computed 12-month bankruptcy probability of CHAUFFAGE EXPRESS is 6.0% (elevated). For CHAUFFAGE EXPRESS, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€605) and a net result of -€23,738. Equity is shrinking by ~29.4% per year across the filed fiscal years. Its solvency ranks better than 9% of 30854 sector peers (fiscal year 2022). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
How big
€29,481total assets 2022
- Equity
- -€605
- Loss
- -€23,738
Turnover not published (abridged schema)
Financially healthy?
- Bankruptcy chance 12 m
- 6.0%
2022 figures too old to score
Who decides
Accounts 792 d overdue0 of 5 deeds read
Signals- Annual accounts: weaker financial profile- Higher-failure-rate sector- Higher-failure-rate region- Two or more financial years not filed- Filed more than 90 days late+ Long track recordShow the evidence
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability0▼-52
Solvency23▼-51
Growth32=
Track record100
Bankruptcy probability, 12 months
6.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 2022Solvency, return and age of the figures
Solvency
-2.1%
Return on assets
-80.5%
Age of the figures
45 mo
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 8 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline01-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 17-01-2024, 170 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
170 d late
2021
529 d late
2020
894 d late
2019
153 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 437 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 (1)
- Annual accounts filedfiscal year 2022 · micro…
- Annual accounts filedfiscal year 2021 · micro…
- Annual accounts filedfiscal year 2020 · micro…
Financials
Fiscal year 2022Total assets €29,481Loss -€23,738Solvency -2.1%Liquidity 0.94
Total assets
€29,481▼ 34.1%
2018 - 2022
Net result
-€23,738▼ 295%
2018 - 2022
Equity
-€605
2018 - 2022
Solvency
-2.1%▼ 51.5pp
2018 - 2022
Financials · fiscal year 2022, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result€1,259--€7,698-€5,977▲ 22.4%-€5,869▲ 1.8%-€23,500▼ 300%
Net result-€809--€9,329▼ 1,053%-€6,213below the sector's middle half▲ 33.4%-€6,016below the sector's middle half▲ 3.2%-€23,738below the sector's middle half▼ 295%
Equity€33,691-€24,361▼ 27.7%€28,148within the sector's middle half▲ 15.5%€22,132within the sector's middle half▼ 21.4%-€605below the sector's middle half
Total assets€46,354-€27,844▼ 39.9%€42,096below the sector's middle half▲ 51.2%€44,746below the sector's middle half▲ 6.3%€29,481below the sector's middle half▼ 34.1%
Debt€12,663-€3,483▼ 72.5%€13,948▲ 300%€22,614▲ 62.1%€30,086▲ 33.0%
Working capital€13,190-€18,406▲ 39.5%€10,522within the sector's middle half▼ 42.8%€18,486within the sector's middle half▲ 75.7%-€1,755below the sector's middle half
Solvency72.7%-87.5%▲ 14.8pp66.9%above the sector's middle half▼ 20.6pp49.5%within the sector's middle half▼ 17.4pp-2.1%below the sector's middle half▼ 51.5pp
Current ratio2.04-6.28▲ 4.241.75within the sector's middle half▼ 4.531.82within the sector's middle half▲ 0.060.94below the sector's middle half▼ 0.88
Return on assets (ROA)-1.7%--33.5%▼ 31.8pp-14.8%below the sector's middle half▲ 18.7pp-13.4%below the sector's middle half▲ 1.3pp-80.5%below the sector's middle half▼ 67.1pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €23,500 in 2022 against €5,869 in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €29,481
Fixed assets
€1,150 ▼ 68.5%
Current assets
€28,331 ▼ 31.1%
Equity and liabilities
Equity-€605
Debt€30,086
Equity is negative: debt (€30,086) exceeds the balance-sheet total (€29,481).
Key figures and ratios
Key figures and ratios
EBITDA
-€14,685▼
2021 · €8,110
Cash flow
-€14,923▼
2021 · €7,964
Interest coverage
-61.71▼
2021 · 55.34
Debt ≤ 1 year
€30,086▲
2021 · €22,614
Staff costs
€1,700
Equity ratios withheld: equity of -€605 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €1,700 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,633 | €14,545 | €10,267 | €13,979 | €8,814 | ▼ 36.9% |
| Other operating charges640/8 | - | - | €512 | €1,411 | €583 | ▼ 58.7% |
| Non-recurring operating charges66A | - | - | €2,987 | - | - | - |
| Gross operating margin9900 | €19,212 | €7,333 | €7,788 | €9,521 | -€12,402 | ▼ 230% |
| Operating profit (loss)9901 | €1,259 | -€7,698 | -€5,977 | -€5,869 | -€23,500 | ▼ 300% |
| Financial income75/76B | - | - | €1 | - | - | - |
| Recurring financial income75 | €4 | €1 | €1 | - | - | - |
| Financial charges65/66B | - | - | €237 | €147 | €238 | ▲ 62.4% |
| Recurring financial charges65 | €191 | €909 | €237 | €147 | €238 | ▲ 62.4% |
| Profit (loss) for the period before taxes9903 | €1,072 | -€8,606 | -€6,213 | -€6,016 | -€23,738 | ▼ 295% |
| Income taxes67/77 | €1,881 | €724 | - | - | - | - |
| Profit (loss) for the period9904 | -€809 | -€9,329 | -€6,213 | -€6,016 | -€23,738 | ▼ 295% |
| Profit (loss) for the period to be appropriated9905 | -€809 | -€9,329 | -€6,213 | -€6,016 | -€23,738 | ▼ 295% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €46,354 | €27,844 | €42,096 | €44,746 | €29,481 | ▼ 34.1% |
| Fixed assets21/28 | €20,501 | €5,956 | €17,626 | €3,647 | €1,150 | ▼ 68.5% |
| Intangible fixed assets21 | €7,800 | €780 | - | - | - | - |
| Tangible fixed assets22/27 | €12,701 | €5,176 | €17,626 | €3,647 | €0 | ▼ 100.0% |
| Furniture and vehicles24 | - | - | €17,626 | €3,647 | €0 | ▼ 100.0% |
| Financial fixed assets28 | - | - | - | - | €1,150 | - |
| Current assets29/58 | €25,853 | €21,888 | €24,470 | €41,100 | €28,331 | ▼ 31.1% |
| Amounts receivable within one year40/41 | €24,343 | €21,109 | €23,212 | €32,030 | €26,377 | ▼ 17.6% |
| Trade receivables40 | - | - | €17,413 | €24,656 | €16,496 | ▼ 33.1% |
| Other amounts receivable41 | - | - | €5,798 | €7,373 | €9,880 | ▲ 34.0% |
| Cash at bank and in hand54/58 | €1,166 | €556 | €1,258 | €9,070 | €1,808 | ▼ 80.1% |
| Deferred charges and accrued income490/1 | - | - | - | - | €146 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €46,354 | €27,844 | €42,096 | €44,746 | €29,481 | ▼ 34.1% |
| Equity10/15 | €33,691 | €24,361 | €28,148 | €22,132 | -€605 | ▼ 103% |
| Contributions10/11 | €6,200 | €6,200 | €16,200 | €16,200 | €17,200 | ▲ 6.2% |
| Capital10 | - | - | €16,200 | €16,200 | €17,200 | ▲ 6.2% |
| Issued capital100 | - | - | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | - | €2,400 | €2,400 | €1,400 | ▼ 41.7% |
| Reserves13 | €20,660 | €20,660 | €20,660 | €20,660 | €20,660 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | - | €18,800 | €18,800 | €18,800 | = |
| Profit (loss) carried forward14 | €6,831 | -€2,499 | -€8,712 | -€14,728 | -€38,465 | ▼ 161% |
| Amounts payable17/49 | €12,663 | €3,483 | €13,948 | €22,614 | €30,086 | ▲ 33.0% |
| Amounts payable within one year42/48 | €12,663 | €3,483 | €13,948 | €22,614 | €30,086 | ▲ 33.0% |
| Trade debts44 | €7,124 | €3,483 | €7,435 | €19,180 | €24,365 | ▲ 27.0% |
| Suppliers440/4 | - | - | €7,435 | €19,180 | €24,365 | ▲ 27.0% |
| Taxes, remuneration and social security45 | - | - | €57 | €57 | €5,721 | ▲ 9,919% |
| Taxes450/3 | - | - | €57 | €57 | €4,503 | ▲ 7,787% |
| Remuneration and social security454/9 | - | - | - | - | €1,218 | - |
| Other amounts payable47/48 | - | - | €6,456 | €3,377 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€809 | -€9,329 | -€6,213 | -€6,016 | -€23,738 | ▼ 295% |
| + Depreciation and write-downs630 | €13,633 | €14,545 | €10,267 | €13,979 | €8,814 | ▼ 36.9% |
| Operating cash flow (approximation) | €12,824 | €5,215 | €4,053 | €7,964 | -€14,923 | ▼ 287% |
| Investment in fixed assets (approximation) | - | €0 | -€21,937 | €0 | -€6,318 | - |
| Change in cash | - | -€610 | €702 | €7,812 | -€7,262 | ▼ 193% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,543 companies in this sector we hold annual accounts for 5,667. See the whole sector
Timeline
10 eventsLatest 17-01-2024
History
Acts, filings and financial milestones
2024
17-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 170 days late
11-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 529 days late
11-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 894 days late
2022
31-12
Financial
Weakest financial yearnet -€23,738
Net result drops to -€23,738, the lowest in the series.
2020
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 153 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 6.28
Current ratio from 2.04 to 6.28; short-term debt falls from €12,663 to €3,483.
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2018
05-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 36 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
09-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 101 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 07-09-2012Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded07-09-2012
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
46842Wholesale trade
47521Retail sale of hardware, building materials, paint and glass (general range)
47525Retail trade
47527Retail trade
47529Retail trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0848546397
Also
9925:BE0848546397
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Sint-Agatha-Berchem · 1 establishment unit since 2012
Ground area
205 m²
Building footprint
122 m²
Volume, LiDAR
862 m³
Parcel 21342B0114/00Y006, Brussels · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BATIXPRESS
since 2012unit no. 2.213.901.967
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21342B0114/00Y006 | Brussels | 205 m² | 1 · 122 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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