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Heat Solutions

Active Risk: low
Limited partnershipfounded 201510 yrs activeSliksteenvest 5, 3300 Tienen, BelgiumKBO/BCE: BE 0643.871.449
Summary

Heat Solutions has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2017 annual accounts show equity of €8k and a net result of €7k. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

No current score
Figures too old
The available figures for FY 2017 are too old to assess current financial health.
Axes, FY 2017
Profitability63
Solvency38
Growth-
Track record85
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2017
Solvency, return and age of the figures
Solvency
12.6%
Return on assets
10.4%
Age of the figures
105 mo
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 →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 25-06-2018, 36 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2017
36 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2017, micro schema

Equity
€8k
Total assets
€67k
Net result
€7k
Working capital
€46k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €67k
Equity €8k
Debt €59k
Debt finances 87.4% of the balance-sheet total.
Key figures and ratios
2017 value
Current ratio
3.11
Debt to equity
3.06
ROE
82.2%
ROA
10.4%
Debt ≤ 1 year
€22k
Debt > 1 year
€26k
Income taxes
€4k
Filed annual accounts As filed with the NBB · 2017 · 19 lines
Balance sheet Code2017
Assets
Total assets20/58€67k
Current assets29/58€67k
Amounts receivable within one year40/41€67k
Equity and liabilities
Total equity and liabilities10/49€67k
Equity10/15€8k
Contributions10/11€1k
Profit (loss) carried forward14€7k
Amounts payable17/49€59k
Amounts payable after more than one year17€26k
Amounts payable within one year42/48€22k
Trade debts44€939
Income statement Code2017
Gross operating margin9900€17k
Operating profit (loss)9901€17k
Recurring financial income75€272
Recurring financial charges65€6k
Profit (loss) for the period before taxes9903€11k
Income taxes67/77€4k
Profit (loss) for the period9904€7k
Profit (loss) for the period to be appropriated9905€7k

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Timeline · acts, filings and financial milestones

2018
25-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Tienen · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
4,228 m²
Building footprint
1,380 m²
Volume, LiDAR
20,963 m³
Parcel 24593H0082/00R000, Flanders · tallest building 19.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Sliksteenvest 5, 3300 Tienen
Manufacture of fabricated metal products, except machinery and equipment
since 20152.248.635.489
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24593H0082/00R000 Flanders 4,228 m² 1 · 1,380 m² 19.9 m · 5 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 · 1 entry · 299 EUR awarded · 299 EUR paid
Year Entries awardedpaid
2022 1 299 EUR299 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 299 EUR · 299 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 9,528 companies in sector 43222 we hold annual accounts for 5,659. 2,288 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formLimited partnership
Founded04-12-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
33110Repair and maintenance of fabricated metal products
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.