CP CHAUFFAGE
ActiveThe computed 12-month bankruptcy probability of CP CHAUFFAGE is 2.8% (moderate). The 2024 annual accounts show equity of €27k and a net result of €13k. Equity is growing by ~48.3% per year across the filed fiscal years. Its solvency ranks better than 19% of 36373 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability63▲+46
Solvency42▲+6
Growth80▲+12
Track record94
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 0.94 in 2023; short-term debt: 83.2% and cash: 28.5% of total assets), and 83.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
16.6%
Return on assets
7.9%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 36373 sector peers (2024).
NBB · sector comparisonPosition among 36373 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
119 d late
2022
61 d late
2021
60 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€585k▼ 1.8%
2023 · €596k
2021: €377k
2022: €476k
2023: €596k
2021 → 2024
EBIT margin
2.2%▲ 2.3pp
2023 · -0.1%
2021: 2.6%
2022: 3.3%
2023: -0.1%
2021 → 2024
Net result
€13k
2023 · €-4k
2021: €7k
2022: €12k
2023: €-4k
2021 → 2024
Working capital
€6k
2023 · €-8k
2021: €3k
2022: €5k
2023: €-8k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€377k-€476k▲ 26.2%€596k▲ 25.2%€585k▼ 1.8%
Equity€8k-€20k▲ 158%€16k▼ 17.6%€27k▲ 61.8%
Operating result€10k-€16k▲ 59.8%€-838€13k
Net result€7k-€12k▲ 68.5%€-4k€13k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €13k after a loss of €838 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €160k
Fixed assets
€21k▼ 18.6%
Current assets
€140k▲ 12.4%
Equity and liabilities €160k
Equity
€27k▲ 61.8%
Debt
€133k▲ 0.4%
The debt ratio falls from 89.0% to 83.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€17k▲
2023 · €-838
Cash flow
€17k▲
2023 · €-4k
Solvency
16.6%▲
2023 · 11.0%
Current ratio
1.05▲
2023 · 0.94
Quick ratio
1.01▲
2023 · 0.90
Debt / equity
5.01▼
2023 · 8.07
ROE
47.6%▲
2023 · -21.4%
ROA
7.9%▲
2023 · -2.4%
Interest coverage
160.41▲
2023 · -2.70
Debt
€133k▲
2023 · €133k
Debt ≤ 1 year
€133k▲
2023 · €132k
Staff costs
€107k▼
2023 · €124k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€149k€160k▲
Fixed assets21/28€25k€21k▼
Tangible fixed assets22/27€25k€21k▼
Land and buildings22€5k€5k▼
Furniture and vehicles24€18k€14k▼
Leasing and similar rights25€2k€2k=
Current assets29/58€124k€140k▲
Stocks and contracts in progress3€5k€5k=
Stocks30/36€5k€5k=
Amounts receivable within one year40/41€19k€89k▲
Trade receivables40€11k€79k▲
Other amounts receivable41€8k€10k▲
Cash at bank and in hand54/58€100k€46k▼
Equity and liabilities
Total equity and liabilities10/49€149k€160k▲
Equity10/15€16k€27k▲
Contributions10/11€500€500=
Profit (loss) carried forward14€16k€26k▲
Amounts payable17/49€133k€133k▲
Amounts payable within one year42/48€132k€133k▲
Trade debts44€66k€54k▼
Suppliers440/4€66k€54k▼
Taxes, remuneration and social security45€14k€25k▲
Taxes450/3€1k€4k▲
Remuneration and social security454/9€12k€21k▲
Other amounts payable47/48€53k€54k▲
Accrued charges and deferred income492/3€811€207▼
Income statement
Code20232024
Turnover70€596k€585k▼
Goods, raw materials, services and sundry goods60/61€476k€459k▼
Remuneration, social security and pensions62€124k€107k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0€5k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€124k€126k▲
Operating profit (loss)9901€-838€13k▲
Financial charges65/66B€311€109▼
Recurring financial charges65€311€109▼
Profit (loss) for the period before taxes9903€-1k€13k▲
Income taxes67/77€2k-
Profit (loss) for the period9904€-4k€13k▲
Profit (loss) for the period to be appropriated9905€-4k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€29k▲
Profit (loss) brought forward from the previous period14P€20k€16k▼
Profit to be distributed694/7-€3k
Directors or managers695-€3k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 119 days late
2023
31-12
Financial
Weakest financial yearnet €-4k ▼129%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Quaregnon · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue à Charrettes 647390 QuaregnonGround area
114 m²
Building footprint
115 m²
Volume, LiDAR
664 m³
Parcel 53512C0524/00C003, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CP CHAUFFAGE
since 20202.310.271.368
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53512C0524/00C003 | Wallonia | 114 m² | 1 · 115 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 3,887 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-10-2020
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:cp.chauffage@hotmail.com
Phone:+32485877185
Phone:0485877185