VR CHAUFFAGE
ActiveSummary
VR CHAUFFAGE has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92k and a net result of €1k. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 79% of 7778 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▼-17
Solvency95▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 3.34 against 3.59 in 2024; short-term debt: 29.6% and cash: 10.3% of total assets), and 29.6% of the assets are financed with debt.
Credit advice 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 · 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 →
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
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
70.4%
Return on assets
0.9%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
30 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
29 d early
← 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, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1k▼ 52.6%
2024 · €3k
2018: €3k
2019: €-534
2020: €464
2021: €9k
2022: €1k
2023: €6k
2024: €3k
2018 → 2025
Working capital
€90k▲ 0.2%
2024 · €90k
2018: €70k
2019: €56k
2020: €60k
2021: €81k
2022: €84k
2023: €87k
2024: €90k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€81k-€82k▲ 1.3%€88k▲ 7.6%€90k▲ 2.9%€92k▲ 1.3%
Operating result€12k-€2k▼ 85.2%€7k▲ 304%€3k▼ 55.3%€1k▼ 66.1%
Net result€9k-€1k▼ 88.4%€6k▲ 502%€3k▼ 59.0%€1k▼ 52.6%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 66% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €130k
Fixed assets
€2k ▲ 167%
Current assets
€129k ▲ 3.2%
Equity and liabilities €130k
Equity
€92k ▲ 1.3%
Debt
€38k ▲ 10.8%
The debt ratio rises from 27.7% to 29.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1k▼
2024 · €4k
Cash flow
€2k▼
2024 · €3k
Current ratio
3.34▼
2024 · 3.59
Quick ratio
2.80▼
2024 · 2.80
Debt / equity
0.42▲
2024 · 0.38
ROE
1.3%▼
2024 · 2.8%
ROA
0.9%▼
2024 · 2.0%
Interest coverage
4.06▼
2024 · 16.83
Debt ≤ 1 year
€38k▲
2024 · €35k
Income taxes
€586▼
2024 · €1k
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€125k€130k▲
Fixed assets21/28€600€2k▲
Tangible fixed assets22/27€600€2k▲
Plant, machinery and equipment23€600€300▼
Furniture and vehicles24-€1k
Current assets29/58€125k€129k▲
Stocks and contracts in progress3€27k€21k▼
Stocks30/36€27k€21k▼
Amounts receivable within one year40/41€83k€93k▲
Trade receivables40€21k€49k▲
Other amounts receivable41€62k€44k▼
Cash at bank and in hand54/58€14k€13k▼
Deferred charges and accrued income490/1€570€1k▲
Equity and liabilities
Total equity and liabilities10/49€125k€130k▲
Equity10/15€90k€92k▲
Contributions10/11€19k€19k=
Reserves13€72k€73k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€16k€16k=
Distributable reserves133€54k€55k▲
Amounts payable17/49€35k€38k▲
Amounts payable within one year42/48€35k€38k▲
Trade debts44€19k€18k▼
Suppliers440/4€19k€18k▼
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€4k€2k▼
Other amounts payable47/48€13k€19k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€300€302▲
Other operating charges640/8€1k€568▼
Non-recurring operating charges66A-€419
Gross operating margin9900€5k€2k▼
Operating profit (loss)9901€3k€1k▼
Financial income75/76B€575€1k▲
Recurring financial income75€575€1k▲
Financial charges65/66B€215€351▲
Recurring financial charges65€215€351▲
Profit (loss) for the period before taxes9903€4k€2k▼
Income taxes67/77€1k€586▼
Profit (loss) for the period9904€3k€1k▼
Profit (loss) for the period to be appropriated9905€3k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€1k▼
Transfer to equity691/2€3k€1k▼
To other reserves6921€3k€1k▼
The notes to these accounts (8 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €9k ▲1822%
Operating result €12k, net result €9k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €464
Net result €464 after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-534 ▼115%
Net result drops to €-534, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 32.94
Current ratio from 15.44 to 32.94; short-term debt falls from €5k to €2k.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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, Jodoigne · 1 establishment unit since 1988
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 Francourt(Lat.) 61370 JodoigneGround area
1,806 m²
Building footprint
255 m²
Volume, LiDAR
1,590 m³
2 parcels, Wallonia · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Moulins 58, 1390 Grez-Doiceau
since 19882.040.820.117
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25001B0291/00R002 | Wallonia | 1,163 m² | 1 · 153 m² | 8.0 m · 2 fl. |
| 25052A0218/00H000 | Wallonia | 642 m² | 1 · 102 m² | 7.5 m · 2 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 9,530 companies in sector 43222 we hold annual accounts for 5,662. 4,888 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-10-1988
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.