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FM CHAUFFAGE

Active
Private limited companyfounded 2016active for 9 yearsRue Madeleine(LEV) 165, 7134 Binche, BelgiumKBO/BCE: BE 0668.442.341
Summary

FM CHAUFFAGE has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €207,898 and a net result of €7,671. Equity has been growing by about 5.6% per year since 2018. Its solvency ranks better than 33% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Official details

Source: KBO
Status
Active since 23-12-2016 Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilation NACE 43222
Establishment unit
2.261.369.215 7130 Binche, since 01-01-2017
Financial year end
31 December
Peppol
Reachable since 31-10-2023

Board and ownership

Board

Financial position

64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Annual accounts 2025
Gross margin
€668,791
▼ 24.5%
Turnover
≈ €1.7m
estimated
Profit
€7,671
▼ 96.4%
Equity
€207,898
▼ 40.6%
Total assets
€654,128
▼ 41.6%
Employees on 31-12-2025
16
▲ 6.7%
  • 2025 accounts filed 61 days after the deadline
Filed on 30-09-2026
Score breakdownraises riskLast filed accounts filed 61 days late; 2 of the last 3 accounts lateSector: Specialised construction activities (NACE 43)Liquidity: current ratio 1.16, cash €45,821, halvedlowers riskSize: total assets €654,128Show the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 24% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 57+1
equity 31.8% of total assets
Liquidity 26-40
short-term debt 61.9% · cash 7.0%
Profitability 70-23
return on assets 1.2%
Bankruptcy probability within 12 months
1.1% 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% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.2%▼ -0.1 percentage points vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025lowest value 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.6%▲ +0.3 percentage points vs 07-2025 09-2025: 0.8%▲ +0.2 percentage points vs 08-2025 10-2025: 1.5%▲ +0.7 percentage points vs 09-2025highest value 11-2025: 0.4%▼ -1.1 percentage points vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.3 percentage points vs 07-2026 09-2026: 0.9%▲ +0.2 percentage points vs 08-2026 10-2026: 1.1%▲ +0.2 percentage points vs 09-2026 11-2026: 1.1%● unchanged vs 10-2026
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.16 (1.33 in 2024), below the usual 1.5. Short-term debt is 61.9% and cash 7% of total assets. 68.2% 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 33% of them on solvency, 15% on liquidity, 38% on profitability and 11% on growth.

The bankruptcy probability was computed on 01-11-2026 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

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 61 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €654,128
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Liquidity: current ratio 1.16, cash €45,821, halved
NBB · annual accounts
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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 · 9 filings
Deviation from the deadline
2025
61 days late
2024
61 days late
2023
23 days late
2022
31 days late
2021
25 days late
2020
18 days late
2019
38 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 37 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 (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. The company usually files around 31 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €215,043 to €7,671 ▼ 96.4% View
  • Positive: More equity than 84% of companies in specialised constructionsector median €57,811 · 34,914 companies €207,898 View
  • Positive: 8 profitable years in a rowprofit 2025: €7,671 8 years View

Recent changes

  1. · Gazette deed Amendment of the articles · Legal-form change · Resignations & appointmentsStarting capital €18,600 · Appointment: Fabrice MAES (director)
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as FM CHAUFFAGE: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €587,000 and €771,000, founded between 2014 and 2019.

CompanyTotal assetsGross margin
FM CHAUFFAGE Binche€654,128€668,791
Ets FOGAL Herstal€758,802€659,359
AKL Services Court-Saint-Etienne€587,044€611,230
HENVO Tongeren-Borgloon€641,599€531,941
SAGEM Asse€770,809€695,736
SAN & HEAT Farciennes€695,857€625,042
OMEGA GROUP La Louvière€618,846€919,148
Full comparison

Key facts about FM CHAUFFAGE

What is the company number of FM CHAUFFAGE?
The company number of FM CHAUFFAGE is 0668.442.341. The VAT number is the same number with BE in front: BE 0668.442.341.
Where is FM CHAUFFAGE based?
The registered office is at Rue Madeleine(LEV) 165, 7134 Binche.Company details
What does FM CHAUFFAGE 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 FM CHAUFFAGE?
The legal form of FM CHAUFFAGE is Private limited company (BV).
When was FM CHAUFFAGE founded?
FM CHAUFFAGE was founded on 23-12-2016.
Is FM CHAUFFAGE still active?
Yes, FM CHAUFFAGE is an active enterprise in the KBO register.
How many employees does FM CHAUFFAGE have?
FM CHAUFFAGE had an average of 14.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of FM CHAUFFAGE?
The turnover in financial year 2025 is ≈ €1.7m. This figure is estimated from the gross margin of €668,791 and 32 comparable companies (NACE 432). It probably lies between €1.3m and €2.1m.
Is FM CHAUFFAGE profitable?
In financial year 2025, FM CHAUFFAGE made a profit of €7,671.
Where can I find the annual accounts of FM CHAUFFAGE?
FM CHAUFFAGE filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FM CHAUFFAGE due?
FM CHAUFFAGE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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