TS CHAUFFAGE
ActiveThe computed 12-month bankruptcy probability of TS CHAUFFAGE is 3.0% (moderate). The 2025 annual accounts show equity of €62k and a net result of €16k. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 73% of 1294 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▼-1
Solvency92▲+29
Growth52=
Track record94
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 3.01 against 1.61 in 2024; short-term debt: 32.3% and cash: 47.4% of total assets), and 33.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
66.6%
Return on assets
16.8%
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 31-08-2026, 31 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 · 5 filingsDeviation from the deadline
2025
31 d late
2024
3 d early
2023
61 d late
2022
71 d late
2021
31 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€62k▲ 6.3%
2024 · €58k
2021: €39k
2022: €64k
2023: €89k
2024: €58k
2021 → 2025
Total assets
€93k▼ 39.9%
2024 · €155k
2021: €46k
2022: €79k
2023: €106k
2024: €155k
2021 → 2025
Net result
€16k▼ 42.5%
2024 · €27k
2021: €38k
2022: €26k
2023: €25k
2024: €27k
2021 → 2025
Working capital
€61k▲ 5.4%
2024 · €58k
2021: €37k
2022: €60k
2023: €88k
2024: €58k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€39k-€64k▲ 66.0%€89k▲ 38.9%€58k▼ 34.7%€62k▲ 6.3%
Operating result€45k-€37k▼ 19.1%€33k▼ 10.1%€38k▲ 14.6%€22k▼ 40.9%
Net result€38k-€26k▼ 32.2%€25k▼ 2.2%€27k▲ 8.8%€16k▼ 42.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 41% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €93k
Fixed assets
€3k▼ 35.3%
Current assets
€91k▼ 40.0%
Equity and liabilities €93k
Equity
€62k▲ 6.3%
Debt
€31k▼ 67.8%
The debt ratio falls from 62.3% to 33.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€25k▼
2024 · €40k
Cash flow
€19k▼
2024 · €30k
Solvency
66.6%▲
2024 · 37.7%
Current ratio
3.01▲
2024 · 1.61
Quick ratio
3.01▲
2024 · 1.61
Debt / equity
0.50▼
2024 · 1.66
ROE
25.2%▼
2024 · 46.6%
ROA
16.8%▼
2024 · 17.6%
Interest coverage
9.33▼
2024 · 12.30
Debt
€31k▼
2024 · €97k
Debt ≤ 1 year
€30k▼
2024 · €94k
Debt > 1 year
€1k▼
2024 · €3k
Income taxes
€5k▼
2024 · €8k
Staff costs
€178▼
2024 · €2k
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€155k€93k▼
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Plant, machinery and equipment23-€1k
Furniture and vehicles24€4k€1k▼
Current assets29/58€151k€91k▼
Amounts receivable within one year40/41€81k€47k▼
Trade receivables40€55k€24k▼
Other amounts receivable41€25k€23k▼
Cash at bank and in hand54/58€71k€44k▼
Equity and liabilities
Total equity and liabilities10/49€155k€93k▼
Equity10/15€58k€62k▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€57k€61k▲
Amounts payable17/49€97k€31k▼
Amounts payable after more than one year17€3k€1k▼
Financial debts170/4€3k€1k▼
Amounts payable within one year42/48€94k€30k▼
Current portion of amounts payable after more than one year42€5k€8k▲
Trade debts44€30k€9k▼
Suppliers440/4€30k€9k▼
Taxes, remuneration and social security45€250€2k▲
Remuneration and social security454/9€250€2k▲
Other amounts payable47/48€58k€12k▼
Income statement
Code20242025
Remuneration, social security and pensions62€2k€178▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€450€789▲
Gross operating margin9900€43k€26k▼
Operating profit (loss)9901€38k€22k▼
Financial income75/76B€581€1k▲
Recurring financial income75€581€1k▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€35k€21k▼
Income taxes67/77€8k€5k▼
Profit (loss) for the period9904€27k€16k▼
Profit (loss) for the period to be appropriated9905€27k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€116k€73k▼
Profit (loss) brought forward from the previous period14P€88k€57k▼
Profit to be distributed694/7€58k€12k▼
Return on contributions (dividend)694€58k€12k▼
The notes to these accounts (7 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €16k ▼42.5%
Net result drops to €16k, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 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, Jette · 1 establishment unit since 2021
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.
Antoine Baeckstraat 651090 JetteGround area
494 m²
Building footprint
281 m²
Volume, LiDAR
3,325 m³
2 parcels, Brussels · tallest building 15.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Uitbreidingsstraat 11, 1070 Anderlecht
since 20212.318.878.238
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21001A0508/00F007 | Brussels | 322 m² | 1 · 155 m² | 15.6 m · 4 fl. |
| 21463C0422/00M006 | Brussels | 172 m² | 1 · 126 m² | 15.8 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 887 companies in sector 33110 we hold annual accounts for 440. 327 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-2020
Fiscal year end31-12
Activities, NACEBEL
33110Repair and maintenance of fabricated metal products
43120Site preparation
43222Installation of electric heating, air conditioning, cooling and ventilation
43992Specialised construction activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:systhomas99@hotmail.com