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CHAUFFAGE PASSION

Active
Private limited companyfounded 2024active for 2 yearsRue des Nations-Unies(MLZ) 6, 7140 Morlanwelz, Belgium13 active companies are registered at this addressKBO/BCE: BE 1005.797.354
Summary

The annual accounts of CHAUFFAGE PASSION for financial year 2025 show a net loss of 73% of total assets and of 97% of the equity at the start of that year. The 2025 annual accounts show equity of €165 and a net result of -€5,124. Its solvency ranks better than 10% of 34,678 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).

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CHAUFFAGE PASSIONActiveChecked score 54/100
Risk analysis ReportCompare

Overview

Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
Size
€7,025total assets 2025
Equity
€165
Loss
-€5,124
Turnover not published (micro format)
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Structure
Accounts 1 day early
Why 54raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearFounded in 2024Equity €165 (2.3% of total assets)lowers riskLiquidity: current ratio 1.88, cash €5,701Size: total assets €7,025Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 22% of its sector peers (NACE 43, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 27-28
equity 2.3% of total assets
Liquidity 74+11
short-term debt 52.4% · cash 81.2%
Profitability 0-42
return on assets -72.9%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,613 companies, NACE 43, micro)
Last 24 months 03-2025: 1.9% 04-2025: 1.9%● unchanged vs 03-2025 05-2025: 1.9%● unchanged vs 04-2025 06-2025: 2.4%▲ +0.5 percentage points vs 05-2025 07-2025: 2.4%● unchanged vs 06-2025highest value 08-2025: 0.8%▼ -1.6 percentage points vs 07-2025lowest value 09-2025: 0.9%▲ +0.1 percentage points vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 1.0%▲ +0.1 percentage points vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.1%▲ +0.1 percentage points vs 06-2026 08-2026: 1.0%▼ -0.1 percentage points vs 07-2026 09-2026: 1.0%● unchanged vs 08-2026 10-2026: 1.0%● unchanged vs 09-2026
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.88, compared with 1.42 in 2024, above the usual 1.5; short-term debt: 52.4% and cash: 81.2% of total assets), but 97.7% 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, micro): better than 9% on solvency, 72% on liquidity, 4% on profitability and 4% on growth.

The bankruptcy probability was computed on 23-10-2026 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 1.88, cash €5,701
NBB · annual accounts
lowers risk · Size: total assets €7,025
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Equity €165 (2.3% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 34678 sector peers (2025).
NBB · sector comparison
Position among 34678 sector peers
Solvency
better than 10%
← weakest strongest →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
1 day early
2024
17 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 9 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.
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. IncorporationAppointments: GASTELBLUM Nicolas Axel Marcel…

Key points

  • Caution: Among the weakest 10% on equitysector median €57,779 · 34,690 companies €165 View
  • Board2 directors in office 2 View
  • Total assets 20252 financial years filed €7,025 View

By topic

Financials

Financial year
2025
Total assets
€7,025
Loss
-€5,124
Solvency
2.3%
Total assets▼ 59.9%
Net result
20242025
Go to Financials

Board & ownership

Board
2 members
  • GASTELBLUM Nicolas Axel MarcelDirector
  • YELKENCI Burak DurmusDirector
Go to Board & ownership

Company details

Sites
1
Legal form
Private limited company
Activity
Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded
08-02-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
20
Who signs
Each director alone
Annual meeting
Second Friday of June
Statutory auditor
No statutory auditor
Go to Articles of association

Key facts about CHAUFFAGE PASSION

What is the company number of CHAUFFAGE PASSION?
1005.797.354. In Belgium the VAT number is the company number with BE in front: BE 1005.797.354.
Where is CHAUFFAGE PASSION based?
The registered office is at Rue des Nations-Unies(MLZ) 6, 7140 Morlanwelz.Company details
What does CHAUFFAGE PASSION 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 PASSION?
Private limited company (BV).
When was CHAUFFAGE PASSION founded?
On 08-02-2024.
Is CHAUFFAGE PASSION still active?
Yes, CHAUFFAGE PASSION is an active enterprise in the KBO register.
What is the turnover of CHAUFFAGE PASSION?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is CHAUFFAGE PASSION profitable?
In financial year 2025, CHAUFFAGE PASSION made a loss of €5,124.
Where can I find the annual accounts of CHAUFFAGE PASSION?
CHAUFFAGE PASSION filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CHAUFFAGE PASSION due?
By 31-07-2027, for financial year 2026.Timeline

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