TF CHAUFFAGE
ActiveSummary
The computed 12-month bankruptcy probability of TF CHAUFFAGE is 2.0% (moderate). The 2025 annual accounts show equity of €41k and a net result of €7k. Equity is growing by ~22.7% per year across the filed fiscal years. Its solvency ranks better than 92% of 1309 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+23
Solvency100▲+21
Growth52=
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 7.68 against 1.9 in 2024; short-term debt: 11.9% and cash: 65% of total assets), and 11.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
88.1%
Return on assets
16%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 4 filingsDeviation from the deadline
2025
30 d late
2024
29 d late
2023
30 d late
2022
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€41k▲ 22.2%
2024 · €33k
2022: €16k
2023: €35k
2024: €33k
2022 → 2025
Total assets
€46k▼ 24.8%
2024 · €61k
2022: €42k
2023: €60k
2024: €61k
2022 → 2025
Net result
€7k
2024 · €-1k
2022: €13k
2023: €18k
2024: €-1k
2022 → 2025
Working capital
€37k▲ 45.5%
2024 · €25k
2022: €11k
2023: €27k
2024: €25k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€16k-€35k▲ 111%€33k▼ 4.0%€41k▲ 22.2%
Operating result€20k-€26k▲ 30.8%€-1k€10k
Net result€13k-€18k▲ 35.3%€-1k€7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €10k after a loss of €1k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €46k
Fixed assets
€4k ▼ 49.8%
Current assets
€42k ▼ 20.9%
Equity and liabilities €46k
Equity
€41k ▲ 22.2%
Debt
€5k ▼ 80.5%
Debt's share of the balance-sheet total falls from 45.7% to 11.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14k▲
2024 · €4k
Cash flow
€11k▲
2024 · €4k
Current ratio
7.68▲
2024 · 1.90
Debt to equity
0.13▼
2024 · 0.84
ROE
18.1%▲
2024 · -4.2%
ROA
16.0%▲
2024 · -2.3%
Interest coverage
39.72▲
2024 · 13.67
Debt ≤ 1 year
€5k▼
2024 · €28k
Income taxes
€3k▲
2024 · €61
Staff costs
€30k▼
2024 · €32k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€61k€46k▼
Fixed assets21/28€8k€4k▼
Tangible fixed assets22/27€8k€4k▼
Plant, machinery and equipment23€436€49▼
Furniture and vehicles24€8k€4k▼
Current assets29/58€53k€42k▼
Amounts receivable within one year40/41€13k€12k▼
Trade receivables40€2k€3k▲
Other amounts receivable41€11k€9k▼
Cash at bank and in hand54/58€40k€30k▼
Deferred charges and accrued income490/1€301€0▼
Equity and liabilities
Total equity and liabilities10/49€61k€46k▼
Equity10/15€33k€41k▲
Contributions10/11€3k€3k=
Reserves13€32k€38k▲
Distributable reserves133€32k€38k▲
Profit (loss) carried forward14€-1k€0▲
Amounts payable17/49€28k€5k▼
Amounts payable within one year42/48€28k€5k▼
Trade debts44€8k€948▼
Suppliers440/4€8k€948▼
Taxes, remuneration and social security45€8k€2k▼
Taxes450/3€5k€297▼
Remuneration and social security454/9€3k€2k▼
Other amounts payable47/48€12k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€32k€30k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Gross operating margin9900€36k€44k▲
Operating profit (loss)9901€-1k€10k▲
Financial income75/76B€4€95▲
Recurring financial income75€4€95▲
Financial charges65/66B€318€362▲
Recurring financial charges65€318€362▲
Profit (loss) for the period before taxes9903€-1k€10k▲
Income taxes67/77€61€3k▲
Profit (loss) for the period9904€-1k€7k▲
Profit (loss) for the period to be appropriated9905€-1k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€6k▲
Profit (loss) brought forward from the previous period14P-€-1k
Transfer to equity691/2€0€6k▲
To other reserves6921€0€6k▲
The notes to these accounts (13 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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 7.68
Current ratio from 1.90 to 7.68; short-term debt falls from €28k to €5k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-1k ▼108%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2022net €18k ▲35.3%
Operating result €26k, net result €18k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Tournai · 1 establishment unit since 2022
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.
Bas Chemin(BEC) 1657532 TournaiGround area
3,438 m²
Parcel 57052B0062/00F000, Wallonia. Linked by address, not a title deed.
1 establishment unit
TF CHAUFFAGE
since 20222.328.445.012
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57052B0062/00F000 | Wallonia | 3,438 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
NICK ELENTRIK
BE 0658.744.717
Diest · Eq €40,382
Metalwagen
BE 0403.649.860
Bonheiden · Eq €41,097
CALORIMA
BE 0771.584.124
Sint-Pieters-Woluwe · Eq €41,226
Heines Verwarming en Sanitair
BE 0805.510.566
Dilsen-Stokkem · Eq €41,229
KSB Service Belgium
BE 0473.406.718
Wavre · Eq €41,479
Of 887 companies in sector 33110 we hold annual accounts for 440. 308 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
33110Repair and maintenance of fabricated metal products
43222Installation of electric heating, air conditioning, cooling and ventilation
42219Civil engineering
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.