De VISSCHER HEATING
ActiveDe VISSCHER HEATING has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €312k and a net result of €67k. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 50% of 7744 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+2
Solvency69▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity tight (current ratio 1.47 against 1.31 in 2024; short-term debt: 54.8% and cash: 14.3% of total assets), and 55.9% 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
44.1%
Return on assets
9.5%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-04-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
19 d early
2023
15 d early
2022
2 d early
2021
9 d early
2020
11 d early
2019
13 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€312k▲ 15.7%
2024 · €270k
2018: €117k
2019: €168k
2020: €214k
2021: €255k
2022: €198k
2023: €240k
2024: €270k
2018 → 2025
Total assets
€708k▲ 6.8%
2024 · €663k
2018: €513k
2019: €673k
2020: €727k
2021: €728k
2022: €645k
2023: €673k
2024: €663k
2018 → 2025
Net result
€67k▲ 23.1%
2024 · €55k
2018: €42k
2019: €75k
2020: €75k
2021: €41k
2022: €-31k
2023: €67k
2024: €55k
2018 → 2025
Working capital
€182k▲ 51.5%
2024 · €120k
2018: €42k
2019: €49k
2020: €70k
2021: €110k
2022: €44k
2023: €91k
2024: €120k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€255k-€198k▼ 22.5%€240k▲ 21.4%€270k▲ 12.4%€312k▲ 15.7%
Operating result€63k-€-51k€71k€73k▲ 2.7%€90k▲ 22.6%
Net result€41k-€-31k€67k€55k▼ 18.7%€67k▲ 23.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 23% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €708k
Fixed assets
€138k▼ 8.3%
Current assets
€570k▲ 11.2%
Equity and liabilities €708k
Equity
€312k▲ 15.7%
Debt
€396k▲ 0.6%
The debt ratio falls from 59.3% to 55.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€103k▲
2024 · €87k
Cash flow
€81k▲
2024 · €68k
Solvency
44.1%▲
2024 · 40.7%
Current ratio
1.47▲
2024 · 1.31
Quick ratio
1.17▲
2024 · 1.01
Debt / equity
1.27▼
2024 · 1.46
ROE
21.6%▲
2024 · 20.3%
ROA
9.5%▲
2024 · 8.3%
Interest coverage
9.26▲
2024 · 8.44
Debt
€396k▲
2024 · €393k
Debt ≤ 1 year
€388k▼
2024 · €393k
Debt > 1 year
€7k▲
2024 · €0
Income taxes
€16k▲
2024 · €12k
Staff costs
€223k▼
2024 · €273k
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€663k€708k▲
Fixed assets21/28€150k€138k▼
Tangible fixed assets22/27€150k€138k▼
Land and buildings22€148k€136k▼
Plant, machinery and equipment23€1k€2k▲
Furniture and vehicles24€771€131▼
Financial fixed assets28€25€25=
Current assets29/58€513k€570k▲
Stocks and contracts in progress3€116k€116k▼
Stocks30/36€91k€96k▲
Contracts in progress37€25k€20k▼
Amounts receivable within one year40/41€149k€239k▲
Trade receivables40€30k€122k▲
Other amounts receivable41€119k€117k▼
Cash at bank and in hand54/58€118k€101k▼
Deferred charges and accrued income490/1€130k€113k▼
Equity and liabilities
Total equity and liabilities10/49€663k€708k▲
Equity10/15€270k€312k▲
Contributions10/11€19k€19k=
Reserves13€251k€294k▲
Distributable reserves133€251k€294k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€393k€396k▲
Amounts payable after more than one year17€0€7k▲
Financial debts170/4€0€7k▲
Amounts payable within one year42/48€393k€388k▼
Current portion of amounts payable after more than one year42€10k€4k▼
Financial debts43€105k€105k=
Credit institutions430/8€105k€105k=
Trade debts44€108k€133k▲
Suppliers440/4€108k€133k▲
Taxes, remuneration and social security45€14k€14k▼
Taxes450/3€2k€2k▲
Remuneration and social security454/9€13k€12k▼
Other amounts payable47/48€155k€132k▼
Accrued charges and deferred income492/3€490€300▼
Income statement
Code20242025
Remuneration, social security and pensions62€273k€223k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k=
Other operating charges640/8€2k€4k▲
Gross operating margin9900€362k€331k▼
Operating profit (loss)9901€73k€90k▲
Financial income75/76B€4k€4k▲
Recurring financial income75€4k€4k▲
Financial charges65/66B€10k€11k▲
Recurring financial charges65€10k€11k▲
Profit (loss) for the period before taxes9903€67k€83k▲
Income taxes67/77€12k€16k▲
Profit (loss) for the period9904€55k€67k▲
Profit (loss) for the period to be appropriated9905€55k€67k▲
Appropriation of the result
Profit (loss) to be appropriated9906€55k€67k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€30k€42k▲
To other reserves6921€30k€42k▲
Profit to be distributed694/7€25k€25k=
Directors or managers695€25k€25k=
Social balance
Average headcount (FTE)90873.82.9▼
The notes to these accounts (14 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
16-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
11-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
15-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Back to profitnet €67k
Net result €67k after one loss-making year.
30-09
Financial
Equity above €200kEq €240k ▲21.4%
Equity rises from €198k to €240k.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Weakest financial yearnet €-31k ▼177%
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
19-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Equity above €200kEq €214k ▲27.9%
3 profitable years in a row build equity to €214k.
17-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Equity above €150kEq €168k ▲43%
2 profitable years in a row build equity to €168k.
12-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Berlare · 1 establishment unit since 2003
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.
Koolstraat(B) 539290 BerlareGround area
1,219 m²
Building footprint
382 m²
Volume, LiDAR
1,944 m³
2 parcels, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Turfputstraat(B) 3, 9290 Berlare
since 20032.134.287.238
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42003B0288/00C000 | Flanders | 657 m² | 1 · 200 m² | 9.9 m · 2 fl. |
| 42003B0283/00E000 | Flanders | 562 m² | 1 · 181 m² | 8.4 m · 1 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
2022 to 2025 · 4 entries · 644 EUR awarded · 1,254 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 99 EUR | 99 EUR |
| 2024 | 1 | 180 EUR | 180 EUR |
| 2023 | 1 | 275 EUR | 885 EUR |
| 2022 | 1 | 90 EUR | 90 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
4 categoriesDe VISSCHER HEATING BV30455
Similar companies · same sector, comparable size
JACOBS VERWARMING
BE 0452.834.996
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M-ELION
BE 0667.491.444
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FOMES
BE 0809.442.234
Antwerpen · Eq €312k
VWR SANITAIR-CV
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TDC WORKS
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Lochristi · Eq €311k
Of 7,039 companies in sector 43221 we hold annual accounts for 3,469. 2,674 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-07-2003
Fiscal year end30-09
Activities, NACEBEL
43221Plumbing work
45332
74142
43222Installation of electric heating, air conditioning, cooling and ventilation
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.