LE CHASSIS ISOLANT
ActiveSummary
LE CHASSIS ISOLANT has been active since 1981 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €580,407 and a net result of €35,743. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 42% of 9,799 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
- Staff
- 28.7 FTE
- Equity
- €580,407
- Profit
- €35,743
- Parent
- CHAMALI · 100%
- CHAMALIDirector
Why 69raises riskSector: Specialised construction activities (NACE 43)Size: turnover €4.4m, 28.7 FTE, total assets €1.5mLiquidity: current ratio 1.35, cash €24,588, halvedlowers riskFounded in 1981Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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, small): better than 50% on solvency, 11% on liquidity, 27% on profitability and 58% 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
This company filed its last 7 accounts on average 13 days after 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)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · full…
- Equity above €500,000equity €544,664 ▲12.1%
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (27 days) Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00448182.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result has fallen two years in a row; 2025 is 60% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
- 2023 Net result +1,863% on 2022. The accounts now follow the full format, last year the micro format.
Peer companies
Historical observationOf the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.1% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,766 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €1.6m | €1.7m | €1.5m | €2.0m | €2.8m | €3.7m | €4.2m | €4.4m | ▲ 6.0% |
| Non-recurring operating income76A | - | - | - | - | - | €0.01m | - | €0.001m | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €1.1m | €1.7m | €2.1m | €2.4m | €2.6m | ▲ 7.1% |
| Remuneration, social security and pensions62 | - | - | - | €0.8m | €1.1m | €1.4m | €1.6m | €1.8m | ▲ 9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.09m | €0.05m | €0.008m | €0.007m | €0.01m | €0.02m | €0.02m | €0.03m | ▲ 59.8% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €0.06m | -€0.06m | - | - | - | - |
| Other operating charges640/8 | - | - | - | €0.002m | €0.004m | €0.002m | €0.005m | €0.006m | ▲ 37.0% |
| Non-recurring operating charges66A | - | - | - | €0.02m | - | - | - | - | - |
| Gross operating margin9900 | €1.1m | €0.8m | €0.8m | €0.9m | €1.1m | €1.6m | €1.8m | €1.9m | ▲ 4.5% |
| Operating profit (loss)9901 | €0.2m | -€0.01m | €0.04m | €0.002m | €0.01m | €0.2m | €0.1m | €0.05m | ▼ 59.9% |
| Financial income75/76B | - | - | - | €0.005m | €0.001m | €0.005m | €0.001m | €0.005m | ▲ 479% |
| Recurring financial income75 | €0.07m | €0.007m | €0.009m | €0.005m | €0.001m | €0.005m | €0.001m | €0.005m | ▲ 479% |
| Financial charges65/66B | - | - | - | €0.003m | €0.005m | €0.009m | €0.05m | €0.009m | ▼ 82.1% |
| Recurring financial charges65 | €0.05m | €0.001m | €0.002m | €0.003m | €0.005m | €0.009m | €0.05m | €0.009m | ▼ 82.1% |
| Non-recurring financial charges66B | - | - | - | €0 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €0.2m | -€0.006m | €0.04m | €0.004m | €0.009m | €0.2m | €0.09m | €0.05m | ▼ 41.6% |
| Transfer from deferred taxes780 | - | - | - | €202 | €202 | €202 | €185 | - | - |
| Income taxes67/77 | €253 | €251 | €103 | - | €103 | €0.05m | €0.03m | €0.02m | ▼ 46.2% |
| Profit (loss) for the period9904 | €0.2m | -€0.006m | €0.04m | €0.005m | €0.009m | €0.2m | €0.06m | €0.04m | ▼ 39.6% |
| Profit (loss) for the period to be appropriated9905 | €0.2m | -€0.02m | €0.04m | €0.005m | €0.009m | €0.2m | €0.06m | €0.04m | ▼ 39.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.7m | €0.7m | €0.5m | €0.6m | €0.8m | €1.0m | €1.2m | €1.5m | ▲ 29.7% |
| Fixed assets21/28 | €0.1m | €0.04m | €0.03m | €0.05m | €0.07m | €0.1m | €0.1m | €0.3m | ▲ 101% |
| Intangible fixed assets21 | - | - | - | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.07m | €0.01m | €0.01m | €0.03m | €0.05m | €0.08m | €0.1m | €0.2m | ▲ 123% |
| Land and buildings22 | - | - | - | - | - | - | €0.05m | €0.2m | ▲ 275% |
| Plant, machinery and equipment23 | - | - | - | €0.005m | €0.01m | €0.01m | €0.01m | €0.006m | ▼ 36.8% |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.01m | €0.04m | €0.02m | €0.03m | ▲ 25.6% |
| Other tangible fixed assets26 | - | - | - | €0.006m | €0.02m | €0.03m | €0.02m | €0.02m | ▼ 17.7% |
| Financial fixed assets28 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Current assets29/58 | €0.6m | €0.6m | €0.4m | €0.5m | €0.8m | €0.9m | €1.0m | €1.3m | ▲ 20.8% |
| Stocks and contracts in progress3 | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.2m | €0.3m | €0.5m | ▲ 86.0% |
| Stocks30/36 | - | - | - | €0.2m | €0.3m | €0.2m | €0.3m | €0.5m | ▲ 86.0% |
| Amounts receivable within one year40/41 | €0.3m | €0.3m | €0.2m | €0.3m | €0.4m | €0.4m | €0.6m | €0.7m | ▲ 10.5% |
| Trade receivables40 | - | - | - | €0.2m | €0.4m | €0.3m | €0.5m | €0.6m | ▲ 5.8% |
| Other amounts receivable41 | - | - | - | €0.02m | €0.06m | €0.04m | €0.07m | €0.1m | ▲ 46.4% |
| Cash at bank and in hand54/58 | €0.04m | €0.04m | €0.02m | €0.09m | €0.05m | €0.2m | €0.08m | €0.02m | ▼ 70.9% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.04m | €0.04m | €0.05m | €0.01m | ▼ 80.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.7m | €0.7m | €0.5m | €0.6m | €0.8m | €1.0m | €1.2m | €1.5m | ▲ 29.7% |
| Equity10/15 | €0.3m | €0.2m | €0.3m | €0.3m | €0.3m | €0.5m | €0.5m | €0.6m | ▲ 6.6% |
| Contributions10/11 | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Capital10 | - | - | - | €0.07m | - | - | - | - | - |
| Issued capital100 | - | - | - | €0.07m | - | - | - | - | - |
| Reserves13 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Non-distributable reserves130/1 | - | - | - | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | = |
| Legal reserve130 | - | - | - | €0.007m | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €0.007m | €0.007m | €0.007m | €0.007m | = |
| Tax-exempt reserves132 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Profit (loss) carried forward14 | -€0.1m | -€0.1m | -€0.08m | -€0.08m | -€0.07m | €0.1m | €0.2m | €0.2m | ▲ 21.0% |
| Investment grants15 | - | - | - | €0.002m | €0.001m | €476 | - | - | - |
| Provisions and deferred taxes16 | €0.001m | €0.001m | €0.001m | €0.06m | €387 | €185 | - | - | - |
| Provisions for liabilities and charges160/5 | - | - | - | €0.06m | - | - | - | - | - |
| Other liabilities and charges164/5 | - | - | - | €0.06m | - | - | - | - | - |
| Deferred taxes168 | - | - | - | €0.001m | €387 | €185 | - | - | - |
| Amounts payable17/49 | €0.5m | €0.4m | €0.2m | €0.2m | €0.5m | €0.5m | €0.6m | €0.9m | ▲ 49.6% |
| Amounts payable after more than one year17 | €0.005m | - | - | €0.006m | €0.008m | €0.03m | €0.02m | €0.01m | ▼ 36.9% |
| Financial debts170/4 | - | - | - | €0.006m | €0.008m | €0.03m | €0.02m | €0.01m | ▼ 36.9% |
| Amounts payable within one year42/48 | €0.5m | €0.4m | €0.2m | €0.2m | €0.5m | €0.4m | €0.6m | €0.9m | ▲ 52.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.005m | €0.005m | €0.01m | €0.01m | €0.008m | ▼ 31.9% |
| Financial debts43 | - | - | - | - | - | - | - | €0.03m | - |
| Credit institutions430/8 | - | - | - | - | - | - | - | €0.03m | - |
| Trade debts44 | €0.2m | €0.2m | €0.08m | €0.1m | €0.4m | €0.3m | €0.4m | €0.7m | ▲ 85.0% |
| Suppliers440/4 | - | - | - | €0.1m | €0.4m | €0.3m | €0.4m | €0.7m | ▲ 85.0% |
| Advances received on contracts in progress46 | - | - | - | €0.01m | €154 | €0.001m | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.06m | €0.08m | €0.2m | €0.2m | €0.2m | ▼ 23.4% |
| Taxes450/3 | - | - | - | €103 | €103 | €0.05m | €0.08m | €0.02m | ▼ 80.8% |
| Remuneration and social security454/9 | - | - | - | €0.06m | €0.08m | €0.1m | €0.1m | €0.1m | ▲ 13.8% |
| Other amounts payable47/48 | - | - | - | €0.002m | €0.001m | €0.001m | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €0.02m | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €244,476 | -€6,392 | €44,369 | €4,700 | €9,190 | €180,375 | €59,167 | €35,743 | ▼ 39.6% |
| + Depreciation and write-downs630 | €86,990 | €46,475 | €7,912 | €6,612 | €9,997 | €17,224 | €19,269 | €30,796 | ▲ 59.8% |
| Operating cash flow (approximation) | €331,466 | €40,082 | €52,282 | €11,311 | €19,187 | €197,599 | €78,436 | €66,539 | ▼ 15.2% |
| Investment in fixed assets (approximation) | - | €13,023 | -€5,891 | -€22,965 | -€32,507 | -€45,792 | -€49,157 | -€163,207 | ▼ 232% |
| Change in cash | - | €1,378 | -€20,707 | €64,224 | -€34,146 | €179,294 | -€147,475 | -€59,883 | ▲ 59.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 43 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 27-08-2026 | 2026-00448182 |
| 31-12-2024 | full format | 21-08-2025 | 2025-00393499 |
| 31-12-2023 | full format | 03-08-2024 | 2024-00329074 |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00304847 |
| 31-12-2021 | full format | 08-07-2022 | 2022-20163898 |
| 31-12-2020 | full format | 31-08-2021 | 2021-61200314 |
| 31-12-2019 | full format | 29-08-2020 | 2020-48800208 |
| 31-12-2018 | full format | 31-07-2019 | 2019-41700260 |
| 31-12-2017 | full format | 03-07-2018 | 2018-29900360 |
| 31-12-2016 | full format | 29-09-2017 | 2017-64800335 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| CHAMALI |
|
Owners and capital
Owners
1 ownerChain of control
- CHAMALI
- LE CHASSIS ISOLANT
Highest known parent: CHAMALI. The sources do not say who stands above it.
Owners 1
- CHAMALIparentSourceaccounts CHAMALI 2025100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
22-01
Gazette deed
Appointment: CHAMALI (director)Capital conversion · Reserve release · Purpose change10 facts ▸
- General meeting, 17-01-2023
- Other provision, “adaptation statuts au CSA et maintien forme SRL, adapter statuts au CSA” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “suppression compte de capitaux propres statutairement indisponible, fonds disponibles pour distribution” (deed in French)
- Other provision, “deuxième résolution a) rapport objet social, assemblée approuve rapport à l’unanimité” (deed in French)
- Purpose change
- Amendment of the articles
- Capital
- Registered office clause, “1300 Wavre,avenue Mercator 7” (deed in French)
- Director appointment, CHAMALI (director)
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0422.001.171
Recognitions · licences · registrations
Recognised contractor
3 categories- D5 General joinery, timber roof trusses and stairsclass 3, up to €600,000
- D23 Restoration by craftsmenclass 1, up to €162,000
- D24 Restoration of monumentsclass 1, up to €162,000
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25112B0111/00A000 | Wallonia | 2,009 m² | 1 · 1,619 m² | 8.6 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La fabrication et le placement de toutes menuiseries intérieures et extérieures; Le commerce de tous matériaux de construction ainsi que…” (deed in French)
5 activities (deed in French)
- La fabrication et le placement de toutes menuiseries intérieures et extérieures
- Le commerce de tous matériaux de construction ainsi que leur placement
- L’achat,l’échange,la vente,de manière générale la constitution de tous droits réels immobiliers,la prise en location et en sous-location,ainsi que la cession en location et en sous-location,le tout avec ou sans option d’achat,l’exploitation et l’entretien de maisons,appartements,bureaux,magasins,fonds de commerce,terrains,terres et domaines,et de manière générale,de tous biens immobiliers,ainsi que toutes opérations de financement
- L’étude et la réalisation de tous travaux de construction,publics et privés,en qualité d’entrepreneur général ou en sous-traitance,la conception et la construction de tous bâtiments et édifices,l’étude et la réalisation de décorations tant intérieures qu’extérieures
- Toutes opérations se rapportant directement ou indirectement à l’entretien,la rénovation,les travaux de réparations,d’embellissements,de renouvellement et de modernisation,et la maintenance de tous les types d’ouvrages d’art,de biens immeubles,et plus généralement toutes opérations se rapportant directement ou indirectement aux secteurs des travaux publics et privés et du bâtiment
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- LE CHÂSSIS ISOLANT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, organe d’administration peut établir sièges administratifs,agences,ateliers,dépôts,succursales en Belgique et à l’étranger…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 11. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, Article 10.Organe d'administration” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives avec numéro d’ordre, cessions effet vis-à-vis société et tiers dès inscription registre” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreur(s) proportionnellement aux actions si plusieurs, sans recours” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission nouvelles actions, courrier électronique,ou courrier ordinaire même jour si pas d’adresse électronique” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Dissolution tout temps par assemblée délibérant formes modifications statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Administrateurs en fonction désignés liquidateurs par statuts si aucun autre désigné, faculté désigner liquidateurs et fixer pouvoirs et…” (deed in French)