Skip to content
Checked.be
Complete company report
Generated 30-07-2026
Active BE 0561.912.585Private limited company

AG HEATING

Kiekenmarkt 61 ·1000 Brussel, Belgium· 11 yrs active
Sector: Plumbing (43221)
Conclusion Checked

The computed 12-month bankruptcy probability of AG HEATING is 1.8% (moderate). The 2024 annual accounts show equity of €319k and a net result of €61k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 37% of 11071 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €319k
Net result €61k
Better than sector 37%
Active 11 yrs
Snowflake analysis 5 axes · computed by Checked
Health83Profitability95Solvency64Growth78Stability100
84 / 100

Exceptional profile, strong across almost every axis.

Health 83
Profitability 95
Solvency 64
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
1.8% Moderate
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Higher-failure-rate region +Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Established
Founded in 2014, 11 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
83 / 100 Excellent
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 25-09-2025 with the NBB · fiscal year 2024 · micro
€-100k€0€100k€200k€300kOperating result 2020: €16k€16kNet result 2020: €56k€56kOperating result 2021: €-11k€-11kNet result 2021: €-14k€-14kOperating result 2022: €17k€17kNet result 2022: €10k€10kOperating result 2023: €279k€279kNet result 2023: €186k€186kOperating result 2024: €106k€106kNet result 2024: €61k€61k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile Too volatile to project: the yearly deviation from the trend is ~38% of the level (threshold 35%). We therefore deliberately show no projection line.
€0€100k€200k€300k2018: €67k2019: €75k2020: €83k2021: €69k2022: €80k2023: €258k2024: €319k2018201920202021202220232024
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 30.5% 40.9%
better than 37% of 11071 sector peers
Net result €61k €11k
better than 90% of 11053 sector peers
Equity €319k €34k
better than 95% of 11074 sector peers
Gross operating margin €288k €35k
better than 95% of 11044 sector peers
Staff costs €133k €25k
higher than 89% of 4030 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€125k
-56.1% 18-24
Net profit
€61k
-67.2% 18-24
Cash flow
€80k
-58.3% 18-24
Total assets
€1.05M
+135.7% 18-24
Equity
€319k
+23.6% 18-24
Working capital
€216k
+24.3% 18-24
Employees (FTE)
2
- 18-24
Staff costs
€133k
+118.3% 18-24
Income taxes
€33k
-63.6% 18-24
Debt
€728k
+291.7% 18-24
Debt ≤ 1y
€301k
+62.1% 18-24
Debt > 1y
€427k
+128425.8% 18-24
Current ratio
1.72
-11.3% 18-24
Quick ratio
1.70
-11.5% 18-24
Solvency
30.5%
-47.6% 18-24
Debt / equity
2.28
+217.0% 18-24
ROE
19.1%
-73.5% 18-24
ROA
5.8%
-86.1% 18-24
Interest coverage
10.43
-91.9% 18-24
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€125k
Net profit€61k
Cash flow€80k
Staff costs€133k
Income taxes€33k
Dividends-
Total assets€1.05M
Equity€319k
Debt€728k
of which ≤ 1y€301k
of which > 1y€427k
Working capital€216k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.72
Quick ratio1.70
Working capital ratio20.6%
Solvency30.5%
Debt / equity2.28
Long-term debt ratio1.34
Interest coverage10.43
Gross margin-
Net margin-
ROA5.8%
ROE19.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€1.05M
Fixed assets 21/28€530k
Tangible fixed assets 22/27€475k
Financial fixed assets 28€55k
Current assets 29/58€517k
Stocks & contracts in progress 3€6k
Amounts receivable within one year 40/41€346k
Cash & bank 54/58€114k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.05M
Equity 10/15€319k
Contributions / capital 10/11€8k
Reserves 13€240k
Accumulated profits (losses) 14€71k
Amounts payable 17/49€728k
Amounts payable after one year 17€427k
Amounts payable within one year 42/48€301k
Trade debts payable within one year 44€118k
Income statement
Gross operating margin 9900€288k
Operating result 9901€106k
Financial income 75€0
Financial charges 65€12k
Result before taxes 9903€94k
Income taxes 67/77€33k
Net result for the period 9904€61k
Result to be appropriated 9905€61k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Plumbing(43221)
Legal form Private limited company(610)
Incorporation12-09-2014
StatusActive
Postal code1000
Establishment units 1 location
AG HEATING
de Smet de Naeyerlaan 179, 1090 JetteSanitaire werkzaamheden
since 20142.234.997.982
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21463D0284/00D013 Brussels 276 m² 1 · 61 m² 16.8 m · 4 fl.
21004A0289/00A000 Brussels 36 m² - -
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.
Updates 28 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
25-09-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
07-02-2025
State Gazette act Director changes
v3.2
2024
12-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
02-02-2024
State Gazette act Director changes
v3.2
2023
02-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
30-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
26-01-2022
State Gazette act Capital & shares
v3.2
2021
18-08-2021
State Gazette act Capital & shares
v3.2
22-07-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
05-03-2021
State Gazette act Capital & shares
v3.2
2020
09-11-2020
State Gazette act Director changes
v3.2
20-08-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
13-02-2020
State Gazette act Director changes
v3.2
2019
16-09-2019
State Gazette act Director changes
v3.2
06-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
09-05-2019
State Gazette act Capital & shares
v3.2
2018
14-12-2018
State Gazette act Director changes
v3.2
08-08-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
16-01-2018
State Gazette act Director changes
v3.2
2017
29-11-2017
State Gazette act Registered-office change
Agert TUDA
08-08-2017
State Gazette act Capital & shares
v3.2
28-07-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
04-05-2017
State Gazette act Director changes
v3.2
2016
25-11-2016
State Gazette act Director changes
v3.2
09-09-2016
State Gazette act Capital & shares
v3.2
24-06-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
07-12-2015
State Gazette act Director changes
v3.2
11-05-2015
State Gazette act Director changes
v3.2
Belgisch Staatsblad, acts 18 acts
Capital history · 6
26-01-2022
v3.2
18-08-2021
v3.2
05-03-2021
v3.2
09-05-2019
v3.2
08-08-2017
v3.2
09-09-2016
v3.2
Address history · 1
29-11-2017
Registered-office move
All acts · 18 updated 1 year ago
2025
07-02-2025 BINJACU Luçian resigns as director Director changes
  • BINJACU Luçian, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "administrateur",
      "person": {
        "rrn": null,
        "name": "BINJACU Lu\u00E7ian",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0561.912.585",
    "name_full": "AG HEATING"
  }
}
2024
02-02-2024 TUDA Agert appointed as director Director changes
  • TUDA Agert, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "administrateur",
      "person": {
        "rrn": null,
        "name": "TUDA Agert",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0561.912.585",
    "name_full": "AG HEATING"
  }
}
2022
26-01-2022 Transaction in capital or shares Capital & shares
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0561.912.585",
    "name_full": "AG HEATING"
  }
}
2021
18-08-2021 Transaction in capital or shares Capital & shares
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0561.912.585",
    "name_full": "AG HEATING"
  }
}
05-03-2021 Transaction in capital or shares Capital & shares
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0561.912.585",
    "name_full": "AG HEATING"
  }
}
2020
09-11-2020 1 director appointed, 1 resigning Director changes
  • Lucian BINJAKU, Associé actif
  • Andréa MONS
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "associ\u00E9 actif",
      "person": {
        "rrn": null,
        "name": "Lucian BINJAKU",
        "address": null,
        "birth_date": null
      }
    },
    {
      "kind": "director_out",
      "role": "",
      "person": {
        "rrn": null,
        "name": "Andr\u00E9a MONS",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0561.912.585",
    "name_full": "AG HEATING"
  }
}
13-02-2020 Liko DANE appointed as associé actif Director changes
  • Liko DANE, Associé actif
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "associ\u00E9 actif",
      "person": {
        "rrn": null,
        "name": "Liko DANE",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0561.912.585",
    "name_full": "AG HEATING"
  }
}
2019
16-09-2019 Andrea MONS appointed as associé actif Director changes
  • Andrea MONS, Associé actif
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "associ\u00E9 actif",
      "person": {
        "rrn": null,
        "name": "Andrea MONS",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0561.912.585",
    "name_full": "AG HEATING"
  }
}
09-05-2019 Transaction in capital or shares Capital & shares
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0561.912.585",
    "name_full": "AG HEATING"
  }
}
2018
14-12-2018 Kjani ABDULI resigns as associé actif Director changes
  • Kjani ABDULI, Associé actif
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "associ\u00E9 actif",
      "person": {
        "rrn": null,
        "name": "Kjani ABDULI",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0561.912.585",
    "name_full": "AG HEATING"
  }
}
16-01-2018 Henri SNALLA resigns as associé actif Director changes
  • Henri SNALLA, Associé actif
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "associ\u00E9 actif",
      "person": {
        "rrn": null,
        "name": "Henri SNALLA",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0561.912.585",
    "name_full": "AG HEATING"
  }
}
2017
29-11-2017 Registered office moved within BRUXELLES Registered-office change·Agert TUDA
  • CHAUSSEE D'ANVERS 345 BTE 5-1000 BRUXELLES → BOULEVARD DE SMET DE NAAYER 179 bte 1 à 1090 Bruxelles
Notary: Agert TUDA · Bruxelles
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "BOULEVARD DE SMET DE NAAYER 179 bte 1 \u00E0 1090 Bruxelles",
        "city": "BRUXELLES",
        "region": "brussels_hoofdstedelijk_gewest",
        "street": "BOULEVARD DE SMET DE NAAYER",
        "country": "BE",
        "postcode": "1090",
        "box_number": "1",
        "street_number": "179",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "CHAUSSEE D\u0027ANVERS 345 BTE 5-1000 BRUXELLES",
        "city": "BRUXELLES",
        "region": "brussels_hoofdstedelijk_gewest",
        "street": "CHAUSSEE D\u0027ANVERS",
        "country": "BE",
        "postcode": "1000",
        "box_number": "5",
        "street_number": "345",
        "locality_suffix": null
      },
      "effective_date": "2017-11-08",
      "evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale approuve la proposition du pr\u00E9sident. Le pr\u00E9sident expose le transfert du si\u00E8ge social \u00E0 la nouvelle adresse : Boulevard de Smet de Naeyer 179 bte 1 \u00E0 1090 Bruxelles.",
      "region_changed": false,
      "is_statute_change": false,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": "Agert TUDA",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "fr",
    "pub_date": "2017-11-29",
    "filing_date": "2017-11-16",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "date": "2017-11-08",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "0561.912.585",
    "name_full": "AG HEATING",
    "legal_form": "SRL"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Agert TUDA",
    "org_rep_person_name": null,
    "person_role_at_subject": "pr\u00E9sident de l\u0027assembl\u00E9e g\u00E9n\u00E9rale"
  },
  "co_filed_documents": [
    "Proc\u00E8s-verbal d\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire du 08/11/2017"
  ]
}
08-08-2017 Transaction in capital or shares Capital & shares
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0561.912.585",
    "name_full": "AG HEATING"
  }
}
04-05-2017 Yunus CAGLAYAN resigns as associé actif Director changes
  • Yunus CAGLAYAN, Associé actif
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "associ\u00E9 actif",
      "person": {
        "rrn": null,
        "name": "Yunus CAGLAYAN",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0561.912.585",
    "name_full": "AG HEATING"
  }
}
2016
25-11-2016 Rezeart DINI appointed as associé actif Director changes
  • Rezeart DINI, Associé actif
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "associ\u00E9 actif",
      "person": {
        "rrn": null,
        "name": "Rezeart DINI",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0561.912.585",
    "name_full": "AG HEATING"
  }
}
09-09-2016 Transaction in capital or shares Capital & shares
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0561.912.585",
    "name_full": "AG HEATING"
  }
}
2015
07-12-2015 Yunus CAGLAYAN appointed as associé actif Director changes
  • Yunus CAGLAYAN, Associé actif
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "associ\u00E9 actif",
      "person": {
        "rrn": null,
        "name": "Yunus CAGLAYAN",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0561.912.585",
    "name_full": "AG HEATING"
  }
}
11-05-2015 Kjani ABDULI appointed as associé actif Director changes
  • Kjani ABDULI, Associé actif
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "associ\u00E9 actif",
      "person": {
        "rrn": null,
        "name": "Kjani ABDULI",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0561.912.585",
    "name_full": "AG HEATING"
  }
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Loodgieterswerk43221Sanitaire werkzaamheden43221Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222
Primary activity highlighted.
Names & trade names
Legal nameFR AG HEATING
Registered office
Kiekenmarkt 61
1000 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Same NACE
CAMEE BE 0437.675.876 · Sint-Gillis-Waas
Moerenhout en Zoon BE 0408.346.046 · Wichelen
FRANKY VAN GOETHEM BE 0425.174.160 · Sint-Gillis-Waas
SANI-CITY BE 0456.724.597 · Koekelberg
Centrale Verwarming en Sanitair Gebroeders VAN DEN BRIEL BE 0428.649.235 · Rumst
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative