Staff
1 employees on 31-12-2025
In 2025, 1 person joined and 1 left.
MV CHAUFFAGE
Lifetime
3 annual accounts with figures on one time axispeak €26,145 (2024)
€15,766▼ 39.7%
peak €5,244 (2024)
€734▼ 86.0%
peak €12,967 (2025)
€12,967▲ 6.0%
€16,070▼ 42.7%
Board2 names since 2023
1 directorMANCUSO Vincenzo
Documentsfilings and deeds
24-08-202624 days late
2025micro format
Gross margin from €26,145 to €15,766Result from €5,244 to €734Debts from €28,037 to €16,070Cash from €71 to €491
Key points
from the 2025 annual accountsFilings
3 annual accounts 1 late
The 2025 accounts came 24 days late. The other two were filed on time.
Position in the sector
€12,967
Less equity than 81% of companies in specialised construction. Sector median €57,691 · 35,148 companies.
Checked score
54
Fair
Financially stronger than 38% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.7%
01-2025: 2.6%▼ -0.1 percentage points vs 12-2024
02-2025: 2.7%▲ +0.1 percentage points vs 01-2025
03-2025: 2.8%▲ +0.1 percentage points vs 02-2025
04-2025: 2.9%▲ +0.1 percentage points vs 03-2025
05-2025: 3.0%▲ +0.1 percentage points vs 04-2025
06-2025: 2.9%▼ -0.1 percentage points vs 05-2025
07-2025: 3.4%▲ +0.5 percentage points vs 06-2025
08-2025: 3.4%● unchanged vs 07-2025
09-2025: 3.4%● unchanged vs 08-2025
10-2025: 3.3%▼ -0.1 percentage points vs 09-2025
11-2025: 3.3%● unchanged vs 10-2025
12-2025: 3.0%▼ -0.3 percentage points vs 11-2025
01-2026: 3.0%● unchanged vs 12-2025
02-2026: 3.0%● unchanged vs 01-2026
03-2026: 3.1%▲ +0.1 percentage points vs 02-2026
04-2026: 3.1%● unchanged vs 03-2026
05-2026: 3.1%● unchanged vs 04-2026
06-2026: 3.1%● unchanged vs 05-2026
07-2026: 3.1%● unchanged vs 06-2026
08-2026: 3.7%▲ +0.6 percentage points vs 07-2026highest value
09-2026: 2.1%▼ -1.6 percentage points vs 08-2026
10-2026: 1.7%▼ -0.4 percentage points vs 09-2026lowest value
11-2026: 1.7%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Founded in 2023
Size: turnover €0, total assets €29,037
Sector: Specialised construction activities (NACE 43)
Liquidity: current ratio 1.81, cash €491
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 48% of them on solvency, 14% on liquidity, 42% on profitability and 48% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,546 companies had the same profile as MV CHAUFFAGE has now. Each dot stands for 7 companies, two years later.
94.2%
were still trading
3.2%
stopped another way
2.3%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MV CHAUFFAGE itself: 1.7% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,546 companies, not a prediction for MV CHAUFFAGE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.81 (1.48 in 2024), above the usual 1.5. Short-term debt is 55.3% and cash 1.7% of total assets. However, 55.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises risk
raises risk · 2025 accounts filed 24 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 3 filingsDeviation from the deadline
2025
24 days late
2024
43 days early
2023
20 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 13 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 12 July (3 of the last 3 accounts filed within 43 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0799245950
Incorporation
Appointments: MANCUSO Vincenzo (director) and MANCUSO Antonio (director) · Founder: MANCUSO Vincenzo · Founding capital of €4,000 · published on 09-03-2023 · Gazette deed
First establishment
Rue Bevan 6, Seraing
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MV CHAUFFAGE Seraing | €29,037 | €15,766 | 44.7% | - |
| Hannes Janssens Stekene | €26,581 | €18,480 | 12.6% | - |
| Ripet HVAC Consulting Sint-Pieters-Leeuw | €32,272 | €16,613 | 10.8% | - |
| ALTIK Villers-la-Ville | €35,460 | €16,006 | 54.7% | - |
| MEYAL GROUP Dilbeek | €33,182 | €16,164 | 41.0% | - |
| ETS MAILLARD Burdinne | €38,879 | €17,047 | 41.4% | - |
| DE SMEDT SEBASTIEN Nandrin | €38,969 | €19,268 | 31.1% | - |
These companies have the same main activity as MV CHAUFFAGE: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €26,600 and €39,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 07-03-2023Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 1 other
- Establishment unit
- 2.349.278.3354102 Seraing, since 07-03-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 02-01-2026
Insights on MV CHAUFFAGE
MV CHAUFFAGE files the micro format. That format states no turnover. The gross margin rose from €15,664 in 2023 to €15,766 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MV CHAUFFAGE
- What is the company number of MV CHAUFFAGE?
- The company number of MV CHAUFFAGE is 0799.245.950. The VAT number is the same number with BE in front: BE 0799.245.950.
- Where is MV CHAUFFAGE based?
- The registered office is at Rue Bevan 6, 4102 Seraing.Company details
- What does MV 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 MV CHAUFFAGE?
- MV CHAUFFAGE is a private limited company (BV).
- When was MV CHAUFFAGE founded?
- MV CHAUFFAGE was founded on 07-03-2023.
- Is MV CHAUFFAGE still active?
- Yes, MV CHAUFFAGE is an active enterprise in the KBO register.
- How many employees does MV CHAUFFAGE have?
- MV CHAUFFAGE had an average of 0.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of MV CHAUFFAGE?
- The turnover of MV CHAUFFAGE was €0 in financial year 2025, according to the filed annual accounts.
- Is MV CHAUFFAGE profitable?
- In financial year 2025, MV CHAUFFAGE made a profit of €734.
- Where can I find the annual accounts of MV CHAUFFAGE?
- MV CHAUFFAGE filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MV CHAUFFAGE due?
- MV CHAUFFAGE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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