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CHAUFFAGE MODAVE

Active
Private limited company (pre-2019)founded 200917 yrs activeGeneraal Bernheimlaan 11, 1040 Etterbeek, BelgiumKBO/BCE: BE 0817.498.677
Summary

CHAUFFAGE MODAVE has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58,230 and a net result of -€382. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 95% of 9523 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
Size
€58,890total assets 2025
Equity
€58,230
Loss
-€382
Financial health
89 Excellent Checked score 2025
Bankruptcy chance 12 m
0.2%
Structure
Parent
COLLART-EDEC · 100%
Accounts 30 d early0 of 2 deeds read
Why 89- Size: total assets €58,890- Sector Specialised construction activities (NACE 43)+ Founded in 2009+ Equity €58,230 (98.9% of total assets)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Better than 52% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 100=
equity 98.9% of total assets
Liquidity 67=
short-term debt 1.1% · cash 13.4%
Profitability 36+17
return on assets -0.6%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,515 companies)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● 0.0% vs 11-2024 01-2025: 0.7%▼ -4.4% vs 12-2024 02-2025: 0.8%▲ +4.6% vs 01-2025 03-2025: 0.8%▲ +0.1% vs 02-2025 04-2025: 0.8%▲ +1.7% vs 03-2025highest value 05-2025: 0.8%▼ -1.9% vs 04-2025 06-2025: 0.7%▼ -3.4% vs 05-2025 07-2025: 0.2%▼ -66.6% vs 06-2025 08-2025: 0.2%● 0.0% vs 07-2025 09-2025: 0.2%● 0.0% vs 08-2025 10-2025: 0.2%● 0.0% vs 09-2025 11-2025: 0.2%● 0.0% vs 10-2025 12-2025: 0.2%● 0.0% vs 11-2025 01-2026: 0.2%▼ -0.8% vs 12-2025 02-2026: 0.2%● 0.0% vs 01-2026 03-2026: 0.2%● 0.0% vs 02-2026 04-2026: 0.3%▲ +5.8% vs 03-2026 05-2026: 0.3%▲ +2.7% vs 04-2026 06-2026: 0.3%▼ -1.1% vs 05-2026 07-2026: 0.3%▲ +7.7% vs 06-2026 08-2026: 0.2%▼ -28.9% vs 07-2026lowest value 09-2026: 0.2%● 0.0% vs 08-2026lowest value 10-2026: 0.2%● 0.0% vs 09-2026lowest value
  • Size: total assets €58,890 raises the probability for this profile
  • Founded in 2009 lowers the probability for this profile
  • Equity €58,230 (98.9% of total assets) lowers the probability
  • Sector Specialised construction activities (NACE 43) raises the probability
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 89.25; short-term debt: 1.1% and cash: 13.4% of total assets), and 1.1% 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 65%, profitability 18%, growth against the median 33%. 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.
−lowers risk+raises risk○neutral
raises risk · Size: total assets €58,890
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 2009
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Equity €58,230 (98.9% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 d early
2024
43 d early
2023
13 d early
2022
15 d late
2020
51 d late
2019
61 d late
2018
31 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 10 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 19 July (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Position in the running window
05-10-2026 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 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Liquidity times 15current ratio 134.08

Key points

  • Positive: Among the best 5% on solvencysector median 44.2% · 9,523 companies 98.9% View
  • Controlled by COLLART-EDEC 100% View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€382 View

By topic

Financials

Fiscal year
2025
Total assets
€58,890
Loss
-€382
Solvency
98.9%
Go to Financials

Timeline

Events
15
Since
2016
Next accounts
by 31-07-2027
  1. 01-07-2026Annual accounts filed
  2. 18-06-2025Annual accounts filed
  3. 31-12-2024Liquidity times 15
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
31-07-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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