CENTRAL HEATING TRADE
ActiveCENTRAL HEATING TRADE has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €179k and a net result of €58k. Equity is growing by ~24.8% per year across the filed fiscal years. Its solvency ranks better than 65% of 27451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+19
Solvency86▲+13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 2.52 against 1.87 in 2024; short-term debt: 38.9% and cash: 81.4% of total assets), and 39.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
60.7%
Return on assets
19.7%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
2 d early
2023
on the day
2022
3 d early
2021
6 d early
2020
1 d early
2019
28 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close17-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€179k▲ 40.2%
2024 · €128k
2019: €51k
2020: €53k
2021: €64k
2022: €89k
2023: €119k
2024: €128k
2019 → 2025
Total assets
€296k▲ 11.3%
2024 · €266k
2019: €151k
2020: €156k
2021: €143k
2022: €156k
2023: €202k
2024: €266k
2019 → 2025
Net result
€58k▲ 455%
2024 · €10k
2019: €-7k
2020: €1k
2021: €11k
2022: €25k
2023: €32k
2024: €10k
2019 → 2025
Working capital
€174k▲ 47.3%
2024 · €118k
2019: €44k
2020: €26k
2021: €46k
2022: €80k
2023: €102k
2024: €118k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€64k-€89k▲ 39.5%€119k▲ 34.2%€128k▲ 7.4%€179k▲ 40.2%
Operating result€15k-€35k▲ 143%€48k▲ 36.2%€16k▼ 67.8%€78k▲ 401%
Net result€11k-€25k▲ 129%€32k▲ 27.0%€10k▼ 67.2%€58k▲ 455%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 401% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €296k
Fixed assets
€6k▼ 43.6%
Current assets
€289k▲ 13.7%
Equity and liabilities €296k
Equity
€179k▲ 40.2%
Debt
€116k▼ 15.6%
The debt ratio falls from 51.8% to 39.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€81k▲
2024 · €26k
Cash flow
€61k▲
2024 · €21k
Solvency
60.7%▲
2024 · 48.2%
Current ratio
2.52▲
2024 · 1.87
Quick ratio
2.52▲
2024 · 1.77
Debt / equity
0.65▼
2024 · 1.08
ROE
32.4%▲
2024 · 8.2%
ROA
19.7%▲
2024 · 3.9%
Interest coverage
341.25▲
2024 · 119.82
Debt
€116k▼
2024 · €138k
Debt ≤ 1 year
€115k▼
2024 · €136k
Income taxes
€20k▲
2024 · €5k
Staff costs
€4k▼
2024 · €26k
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€266k€296k▲
Fixed assets21/28€11k€6k▼
Tangible fixed assets22/27€11k€6k▼
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€5k€2k▼
Current assets29/58€254k€289k▲
Stocks and contracts in progress3€14k-
Stocks30/36€14k-
Amounts receivable within one year40/41€53k€44k▼
Trade receivables40€44k€44k▲
Other amounts receivable41€9k-
Cash at bank and in hand54/58€183k€241k▲
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€266k€296k▲
Equity10/15€128k€179k▲
Contributions10/11€9k€9k=
Reserves13€119k€170k▲
Distributable reserves133€119k€170k▲
Amounts payable17/49€138k€116k▼
Amounts payable within one year42/48€136k€115k▼
Trade debts44€45k€6k▼
Suppliers440/4€45k€6k▼
Taxes, remuneration and social security45€7k€10k▲
Taxes450/3€2k€10k▲
Remuneration and social security454/9€5k-
Other amounts payable47/48€84k€99k▲
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20242025
Non-recurring operating income76A-€10k
Remuneration, social security and pensions62€26k€4k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€3k▼
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A-€1k
Gross operating margin9900€55k€88k▲
Operating profit (loss)9901€16k€78k▲
Financial income75/76B€143€864▲
Recurring financial income75€143€864▲
Financial charges65/66B€215€236▲
Recurring financial charges65€215€236▲
Profit (loss) for the period before taxes9903€15k€79k▲
Income taxes67/77€5k€20k▲
Profit (loss) for the period9904€10k€58k▲
Profit (loss) for the period to be appropriated9905€10k€58k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€58k▲
Profit (loss) brought forward from the previous period14P€971-
Transfer to equity691/2€10k€51k▲
To other reserves6921€10k€51k▲
Profit to be distributed694/7€2k€7k▲
Return on contributions (dividend)694€2k€2k▲
Directors or managers695-€5k
The notes to these accounts (6 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
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €58k ▲455%
Operating result €78k, net result €58k, both a record.
31-03
Financial
Equity above €150kEq €179k ▲40.2%
6 profitable years in a row build equity to €179k.
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Equity above €100kEq €119k ▲34.2%
4 profitable years in a row build equity to €119k.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
2019
03-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Kortenberg · 1 establishment unit since 1995
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.
Kammestraat 273071 KortenbergGround area
4,674 m²
Building footprint
538 m²
Volume, LiDAR
3,150 m³
2 parcels, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sint-Pietersstraat 14, 3110 Rotselaar
since 19952.074.314.217
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24094B0686/00A000 | Flanders | 2,838 m² | 1 · 208 m² | 8.2 m · 2 fl. |
| 24025B0185/00C000 | Flanders | 1,836 m² | 1 · 330 m² | 9.6 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 236 EUR awarded · 198 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 236 EUR | 198 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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ALPHA@M-SERVICE
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T.C. ELECTRICITE & CONSTRUCTION
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 8,410 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-12-1995
Fiscal year end31-03
Abbreviation NL
C.H.T.
Activities, NACEBEL
43211General electrical installation work
45310
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.