MARI-CHAUFFAGE
ActiveMARI-CHAUFFAGE has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-38k) and a net result of €-46k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 27787 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
33
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12▼-45
Solvency17▼-10
Growth32=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.07 against 1.47 in 2024; short-term debt: 46.7% and cash: 8.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-7.7%
Return on assets
-9.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-38k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 10 filingsDeviation from the deadline
2025
25 d late
2024
53 d late
2023
23 d late
2022
3 d late
2021
91 d late
2020
32 d early
2019
12 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-38k
2024 · €8k
2018: €12k
2019: €29k
2020: €36k
2021: €-23k
2022: €-12k
2023: €894
2024: €8k
2018 → 2025
Total assets
€498k▲ 35.5%
2024 · €368k
2018: €226k
2019: €228k
2020: €353k
2021: €328k
2022: €309k
2023: €300k
2024: €368k
2018 → 2025
Net result
€-46k
2024 · €7k
2018: €26k
2019: €17k
2020: €6k
2021: €-59k
2022: €11k
2023: €13k
2024: €7k
2018 → 2025
Working capital
€16k▼ 75.1%
2024 · €65k
2018: €9k
2019: €37k
2020: €37k
2021: €20k
2022: €53k
2023: €75k
2024: €65k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-23k-€-12k▲ 47.9%€894€8k▲ 781%€-38k
Operating result€-55k-€17k€20k▲ 18.5%€22k▲ 8.1%€-28k
Net result€-59k-€11k€13k▲ 16.7%€7k▼ 46.6%€-46k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €28k after €22k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €498k
Fixed assets
€249k▲ 51.8%
Current assets
€249k▲ 22.4%
Key figures and ratios
EBITDA
€10k▼
2024 · €49k
Cash flow
€-8k▼
2024 · €34k
Solvency
-7.7%▼
2024 · 2.1%
Current ratio
1.07▼
2024 · 1.47
Quick ratio
0.49▼
2024 · 0.55
Debt / equity
-13.98▼
2024 · 45.65
ROA
-9.3%▼
2024 · 1.9%
Interest coverage
0.56▼
2024 · 4.27
Debt
€536k▲
2024 · €360k
Debt ≤ 1 year
€233k▲
2024 · €138k
Debt > 1 year
€304k▲
2024 · €221k
Income taxes
€135▼
2024 · €4k
Staff costs
€90k▼
2024 · €114k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€368k€498k▲
Fixed assets21/28€164k€249k▲
Tangible fixed assets22/27€164k€249k▲
Land and buildings22€73k€50k▼
Plant, machinery and equipment23€25k€22k▼
Furniture and vehicles24€66k€177k▲
Financial fixed assets28€50€50=
Current assets29/58€203k€249k▲
Stocks and contracts in progress3€127k€136k▲
Stocks30/36€5k€7k▲
Contracts in progress37€122k€129k▲
Amounts receivable within one year40/41€56k€67k▲
Trade receivables40€37k€52k▲
Other amounts receivable41€19k€15k▼
Cash at bank and in hand54/58€13k€41k▲
Deferred charges and accrued income490/1€7k€5k▼
Equity and liabilities
Total equity and liabilities10/49€368k€498k▲
Equity10/15€8k€-38k▼
Contributions10/11€19k€19k=
Reserves13€26k€26k=
Distributable reserves133€26k€26k=
Profit (loss) carried forward14€-37k€-83k▼
Amounts payable17/49€360k€536k▲
Amounts payable after more than one year17€221k€304k▲
Financial debts170/4€221k€304k▲
Amounts payable within one year42/48€138k€233k▲
Current portion of amounts payable after more than one year42€42k€72k▲
Financial debts43€33k-
Credit institutions430/8€33k-
Trade debts44€46k€27k▼
Suppliers440/4€46k€27k▼
Taxes, remuneration and social security45€6k€7k▲
Taxes450/3€4k€4k▲
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€10k€127k▲
Accrued charges and deferred income492/3€210€266▲
Income statement
Code20242025
Remuneration, social security and pensions62€114k€90k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€38k▲
Other operating charges640/8€6k€4k▼
Gross operating margin9900€170k€105k▼
Operating profit (loss)9901€22k€-28k▼
Financial income75/76B€393€241▼
Recurring financial income75€393€241▼
Financial charges65/66B€12k€19k▲
Recurring financial charges65€12k€19k▲
Profit (loss) for the period before taxes9903€11k€-46k▼
Income taxes67/77€4k€135▼
Profit (loss) for the period9904€7k€-46k▼
Profit (loss) for the period to be appropriated9905€7k€-46k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-37k€-83k▼
Profit (loss) brought forward from the previous period14P€-43k€-37k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
30-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 91 days late
2021
31-12
Financial
Weakest financial yearnet €-59k ▼1017%
Net result drops to €-59k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 17 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, Charleroi · 1 establishment unit since 2011
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 des Closières 3366001 CharleroiGround area
1,154 m²
Building footprint
122 m²
Volume, LiDAR
672 m³
Parcel 52393B0308/00D000, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MARI-CHAUFFAGE
since 20112.199.462.726
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52393B0308/00D000indicative | Wallonia | 1,154 m² | 1 · 122 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 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 5,662. 2,176 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-06-2011
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.