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ER CHAUFFAGE & CO

Active
Private limited companyfounded 2020active for 5 yearsVijverstraat 2, 1040 Etterbeek, BelgiumKBO/BCE: BE 0760.535.725
Summary

The computed 12-month bankruptcy probability of ER CHAUFFAGE & CO is 4.6% (elevated). The 2024 annual accounts show equity of €88,110 and a net result of -€10,312. Equity has been growing by about 39% per year since 2021. Its solvency ranks better than 38% of 35,969 sector peers (NACE 43, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 24-12-2020 Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 4 others
Establishment unit
2.311.897.505 1040 Etterbeek, since 24-12-2020
Financial year end
31 December
Peppol
Reachable since 18-03-2026

Board and ownership

Board
  • Romengo VincenzoDirector · since 24-12-2020
  • Saoula CathyDirector · since 24-12-2020

Financial position

37 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.6%
Annual accounts 2024
Gross margin
€6,170
▼ 92.2%
Turnover
≈ €81,000
estimated
Loss
€10,312
Equity
€88,110
▼ 10.5%
Total assets
€244,286
▲ 48.8%
Staff
≈ 0.1 FTE
estimated
  • 2025 accounts not filed, 95 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 15-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 71 days late; 3 of the last 3 accounts lateFounded in 2020lowers riskLiquidity: current ratio 1.56, cash €57,877, halvedShow the evidence

Checked score

Score 2024
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 29% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2023
Average
Solvency 61-24
equity 36.1% of total assets
Liquidity 46-35
short-term debt 63.9% · cash 23.7%
Profitability 37-63
return on assets -4.2%
Bankruptcy probability within 12 months
4.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 5.7%highest value 01-2025: 0.7%▼ -5.0 percentage points vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025lowest value 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 1.0%▲ +0.3 percentage points vs 07-2025 09-2025: 1.2%▲ +0.2 percentage points vs 08-2025 10-2025: 1.9%▲ +0.7 percentage points vs 09-2025 11-2025: 2.1%▲ +0.2 percentage points vs 10-2025 12-2025: 2.1%● unchanged vs 11-2025 01-2026: 2.1%● unchanged vs 12-2025 02-2026: 2.1%● unchanged vs 01-2026 03-2026: 2.1%● unchanged vs 02-2026 04-2026: 2.1%● unchanged vs 03-2026 05-2026: 2.0%▼ -0.1 percentage points vs 04-2026 06-2026: 2.1%▲ +0.1 percentage points vs 05-2026 07-2026: 2.0%▼ -0.1 percentage points vs 06-2026 08-2026: 2.8%▲ +0.8 percentage points vs 07-2026 09-2026: 3.1%▲ +0.3 percentage points vs 08-2026 10-2026: 4.6%▲ +1.5 percentage points vs 09-2026 11-2026: 4.6%● unchanged vs 10-2026
Credit of up to €3,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 1.56 (2.49 in 2023), above the usual 1.5. Short-term debt is 63.9% and cash 23.7% of total assets. However, 63.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 38% of them on solvency, 37% on liquidity, 18% on profitability and 24% on growth.

The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 15-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 71 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.56, cash €57,877, halved
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 95 days later.
NBB · 4 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline03-11-2026 today
raises risk · 2024 accounts filed 71 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
71 days late
2023
126 days late
2022
120 days late
2021
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 95 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2024after a profit of €54,422 in 2023 -€10,312 View
  • Caution: Lower net result than 87% of companies in specialised constructionsector median €9,466 · 35,938 companies -€10,312 View

Recent changes

  1. · Gazette deed Incorporation
All 7 events

Comparable companies

These companies have the same main activity as ER CHAUFFAGE & CO: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €169,000 and €241,000, founded between 2018 and 2022.

CompanyTotal assetsGross margin
ER CHAUFFAGE & CO Etterbeek€244,286€6,170
ICE ENERGIE Brussel€241,336€8,610
BND - HS Oostende€240,128€7,615
TRAVTECH Boom€235,716€10,025
J&N Sanitair & Verwarming Wuustwezel€203,308€5,448
DDP Technics Gavere€208,989€4,132
Alektro & Co Grimbergen€169,412€9,525
Full comparison

Key facts about ER CHAUFFAGE & CO

What is the company number of ER CHAUFFAGE & CO?
The company number of ER CHAUFFAGE & CO is 0760.535.725. The VAT number is the same number with BE in front: BE 0760.535.725.
Where is ER CHAUFFAGE & CO based?
The registered office is at Vijverstraat 2, 1040 Etterbeek.Company details
What does ER CHAUFFAGE & CO 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 ER CHAUFFAGE & CO?
The legal form of ER CHAUFFAGE & CO is Private limited company (BV).
When was ER CHAUFFAGE & CO founded?
ER CHAUFFAGE & CO was founded on 24-12-2020.
Is ER CHAUFFAGE & CO still active?
Yes, ER CHAUFFAGE & CO is an active enterprise in the KBO register.
How many employees does ER CHAUFFAGE & CO have?
ER CHAUFFAGE & CO had an average of 0.8 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of ER CHAUFFAGE & CO?
The turnover in financial year 2024 is ≈ €81,000. This figure is estimated from the gross margin of €6,170 and 32 comparable companies (NACE 43222). It probably lies between €50,000 and €120,000. It is a rough estimate.
Is ER CHAUFFAGE & CO profitable?
In financial year 2024, ER CHAUFFAGE & CO made a loss of €10,312.
Where can I find the annual accounts of ER CHAUFFAGE & CO?
ER CHAUFFAGE & CO filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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