Equity
€79,707 from €472,676 in 2023
Equity fell by 83% in 2 years.
Heatech
Lifetime
8 annual accounts with figures on one time axispeak €1.2m (2025)
€1.2m▲ 0.8%
peak €419,559 (2023)
€365,500▲ 7.0%
peak €472,676 (2023)
€79,707▼ 62.8%
€561,548▲ 26.3%
peak 11.4 FTE (2024)
9.7 FTE▼ 14.9%
Board4 names since 2019
-
Owners
Documentsfilings and deeds
30-06-202631 days before the deadline
2025abbreviated format
Staff from 11.4 FTE to 9.7 FTEDividend €500,000Equity from €214,207 to €79,707Debts from €444,710 to €561,548
Key points
from the 2025 annual accountsTurnover
≈ €3.4m estimated
The abbreviated format states no turnover.
Debts
€561,548 88% of the balance sheet
Financial debts 2%Suppliers 11%Taxes and wages 4%Other 82%
Of this, €549,648 falls due within a year.
Investments
€74,795 1.7 × depreciation
Green is investment, beige is depreciation.
Staff
9 employees on 31-12-2025
In 2025, 2 people joined and 5 left.
Position in the sector
12.4%
Lower solvency than 86% of companies in specialised construction. Sector median 44.0% · 9,973 companies.
Checked score
67
Healthy
Financially stronger than 40% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%▲ +0.2 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.3%▼ -0.1 percentage points vs 02-2026
04-2026: 0.4%▲ +0.1 percentage points vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.8%▲ +0.4 percentage points vs 06-2026highest value
08-2026: 0.8%● unchanged vs 07-2026highest value
09-2026: 0.8%● unchanged vs 08-2026highest value
10-2026: 0.8%● unchanged vs 09-2026highest value
11-2026: 0.8%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Equity €79,707 (12.4% of total assets)
Sector: Specialised construction activities (NACE 43)
Size: 9.7 FTE, total assets €641,255
lowers risk
Liquidity: current ratio 0.96, cash €250,648
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 16% of them on solvency, 46% on liquidity, 92% on profitability and 7% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,713 companies had the same profile as Heatech has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Heatech itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,713 companies, not a prediction for Heatech. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.96 (1.33 in 2024), below 1. Short-term debt is 85.7% and cash 39.1% of total assets. 87.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 9973 sector peers (2025).
NBB · sector comparisonPosition among 9973 sector peers
Solvency
better than 14%
← weakest
strongest →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
31 days early
2024
2 days early
2023
31 days early
2022
31 days early
2021
30 days late
2020
3 days early
2019
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
last known board- Vik Van Den Corput 50%equity €696,011 (2025) · 30-09-2025 annual accounts of Vik Van Den Corput
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0683544449
Resignation: Calefacto BV (director)
Permanent representative: De Bie Mathias · Director discharge: Calefacto BV · General meeting of 11-06-2024 · Gazette deed
Changes of role: CALEFACTO (director) and VIK VAN DEN CORPUT (director)
Permanent representatives: DE BIE Mathias and Van Den Corput Viktor · Director discharge: CALEFACTO · Director discharge: VIK VAN DEN CORPUT · General meeting of 30-12-2023 · Gazette deed
Registered office moved from Schoten to Wijnegem
New registered office: Ruggeveldstraat 1 bus 1C-1 te 2110 Wijnegem · Previous registered office: Kanaaldijk 353 te 2900 Schoten · Board meeting of 08-03-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Heatech Wijnegem | €641,255 | €1.2m | 12.4% | 9.7 |
| Van Der Auwera - Invatral Heist-op-den-Berg | €487,255 | €0.8m | 60.4% | 8.1 |
| KLIMATERRA-WP Sint-Niklaas | €836,657 | €1.1m | 79.5% | 9.9 |
| Bougard Samuel Chauffage Andenne | €641,878 | €0.7m | 32.8% | 10.8 |
| L'énergie idéale Charleroi | €975,126 | €0.9m | 41.2% | 10.8 |
| RNEW Flémalle | €746,415 | €0.8m | 42.1% | 11.8 |
| DELECOUR GILLES Clavier | €977,201 | €0.8m | 31.8% | 11 |
These companies have the same main activity as Heatech: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €487,000 and €977,000, founded between 2017 and 2020.
Official details
Source: KBO- Status
- Active since 20-10-2017Normal situation
- Registered office
- 13 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
- Activity
- Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 5 others
- Joint committees
- 200Auxiliary committee for white-collar workers
- 124Construction · annual accounts 2025
- Establishment unit
- 2.269.631.8332110 Wijnegem, since 20-10-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2025
Annual accounts 2025
- €641,255▼ 2.7%
- Employeeson 31-12-2025
- 9▼ 25.0%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on Heatech
Heatech files the abbreviated format. That format states no turnover. The gross margin rose from €396,262 in 2018 to €1.2m in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Heatech
- What is the company number of Heatech?
- The company number of Heatech is 0683.544.449. The VAT number is the same number with BE in front: BE 0683.544.449.
- Where is Heatech based?
- The registered office is at Ruggeveldstraat 1, 2110 Wijnegem.Company details
- What does Heatech do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of Heatech?
- Heatech is a private limited company (BV).
- When was Heatech founded?
- Heatech was founded on 20-10-2017.
- Is Heatech still active?
- Yes, Heatech is an active enterprise in the KBO register.
- How many employees does Heatech have?
- Heatech had an average of 9.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Heatech fall under?
- In its 2025 annual accounts, Heatech states joint committees 200 (Auxiliary committee for white-collar workers) and 124 (Construction).
- What is the turnover of Heatech?
- The turnover in financial year 2025 is ≈ €3.4m. This figure is estimated from the gross margin of €1.2m and 30 comparable companies (NACE 432). It probably lies between €2.8m and €4.2m.
- Is Heatech profitable?
- In financial year 2025, Heatech made a profit of €365,500.
- Where can I find the annual accounts of Heatech?
- Heatech filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Heatech due?
- Heatech must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
See how customers, suppliers and banks see your own company and what to improve first.