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MERLIN CHAUFFAGE

Active
Private limited company (pre-2019)founded 2018active for 8 yearsRue Grosses Pierres 47, 4460 Grâce-Hollogne, BelgiumKBO/BCE: BE 0694.783.482

From the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

MERLIN CHAUFFAGE has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,072 and a net result of €489, of which €302 non-recurring income. Equity has been growing by about 11% per year since 2018. Its solvency ranks better than 45% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

KBO
Status
Active since 16-04-2018 Normal situation
Legal form
Private limited company (pre-2019)
Registered office
Rue Grosses Pierres 47, 4460 Grâce-Hollogne
Activity
Plumbing work NACE 43221and 5 others
Establishment unit
2.275.605.746 4460 Grâce-Hollogne, since 14-05-2018
Financial year end
31 December
Peppol
Reachable since 07-01-2026

Board and ownership

Board
  • BLAVIER SebastienDirector · since 16-04-2018
  • JASON FrançoisDirector · since 16-04-2018

Financial position

69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Gross margin
€4,751
▼ 41.8%
Turnover
≈ €43,000
estimated
Profit
€489
▲ 128%
Equity
€25,072
▲ 2.0%
Total assets
€58,801
▼ 4.0%
2025 accounts filed 11 days before the deadline
Filed on 20-07-2026at the National Bank
Score breakdownraises riskSize: total assets €58,801Sector: Specialised construction activities (NACE 43)lowers riskFigures for financial year 2025 (filed on 20-07-2026)Equity €25,072 (42.6% of total assets)Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 39% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 68+3
equity 42.6% of total assets
Liquidity 52-9
short-term debt 26.7% · cash 10.4%
Profitability 42+8
return on assets 0.8%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 1.2% 12-2024: 1.2%● unchanged vs 11-2024 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.3%▲ +0.1 percentage points vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.4%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.7%▼ -0.7 percentage points vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.6%▼ -0.1 percentage points vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.6%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 0.8%▲ +0.1 percentage points vs 07-2026 09-2026: 0.7%▼ -0.1 percentage points vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.55 (4.89 in 2024), above the usual 1.5. Short-term debt is 26.7% and cash 10.4% of total assets. However, 57.4% 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 46% of them on solvency, 48% on liquidity, 20% on profitability and 40% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Size: total assets €58,801
Companies of this size fail more 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
lowers risk · Figures for financial year 2025 (filed on 20-07-2026)
NBB · annual accounts
lowers risk · Equity €25,072 (42.6% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
11 days early
2024
18 days early
2023
14 days early
2022
14 days early
2021
5 days early
2020
27 days late
2019
16 days early
← 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 7 days before 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 18 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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

  • Positive: 8 profitable years in a rowprofit 2025: €489, mostly one-off 8 years View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Documents

Annual accounts at the NBB

All 8 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about MERLIN CHAUFFAGE

What is the company number of MERLIN CHAUFFAGE?
The company number of MERLIN CHAUFFAGE is 0694.783.482. The VAT number is the same number with BE in front: BE 0694.783.482.
Where is MERLIN CHAUFFAGE based?
The registered office is at Rue Grosses Pierres 47, 4460 Grâce-Hollogne.Company details
What does MERLIN CHAUFFAGE do?
According to the KBO register, the main activity is plumbing work (NACE 43221).
What is the legal form of MERLIN CHAUFFAGE?
The legal form of MERLIN CHAUFFAGE is Private limited company (pre-2019) (BVBA).
When was MERLIN CHAUFFAGE founded?
MERLIN CHAUFFAGE was founded on 16-04-2018.
Is MERLIN CHAUFFAGE still active?
Yes, MERLIN CHAUFFAGE is an active enterprise in the KBO register.
How many employees does MERLIN CHAUFFAGE have?
MERLIN CHAUFFAGE had an average of 0.3 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of MERLIN CHAUFFAGE?
The turnover in financial year 2025 is ≈ €43,000. This figure is estimated from the gross margin of €4,751 and 36 comparable companies (NACE 43221). It probably lies between €32,000 and €87,000. It is a rough estimate.
Is MERLIN CHAUFFAGE profitable?
In financial year 2025, MERLIN CHAUFFAGE made a profit of €489.
Where can I find the annual accounts of MERLIN CHAUFFAGE?
MERLIN CHAUFFAGE filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of MERLIN CHAUFFAGE due?
MERLIN CHAUFFAGE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as MERLIN CHAUFFAGE: plumbing work (NACE 43221). They are comparable in size and age: total assets between €50,300 and €78,300, founded between 2016 and 2020.

CompanyTotal assetsGross margin
MERLIN CHAUFFAGE Grâce-Hollogne€58,801€4,751
INFRAHULP Houthalen-Helchteren€56,718€3,862
RenokK Aartselaar€61,937€3,560
HS BUSINESS Charleroi€69,181€4,716
SANICREA Anderlues€61,114€4,044
SPINNOY RUDY Puurs-Sint-Amands€50,271€5,392
RCVI Houthalen-Helchteren€78,304€4,668
Full comparison

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