Turnover
The micro format states no turnover.
In July 2024, 34,691 companies had the same profile as HEATERTECH has now. Each dot stands for 87 companies, two years later.
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 34,691 companies, not a prediction for HEATERTECH. 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.
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.
| Company | ||||
|---|---|---|---|---|
| HEATERTECH Rebecq | €102,162 | €59,430 | 71.0% | - |
| BATICHAUF HEATING Jemeppe-sur-Sambre | €101,398 | €51,404 | 62.2% | - |
| ELYA SERVICES Oupeye | €119,030 | €59,405 | 85.1% | - |
| G.V.N. SERVICE Haaltert | €87,672 | €60,038 | 79.6% | - |
| De Smet Gert Essen | €115,051 | €48,179 | 46.1% | - |
| La Poêlerie du Pellet Chapelle-lez-Herlaimont | €114,267 | €48,283 | 46.6% | - |
| CALISOL Rebecq | €129,075 | €59,383 | 38.9% | - |
These companies have the same main activity as HEATERTECH: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €87,700 and €129,000, founded between 2013 and 2017.
HEATERTECH files the micro format. That format states no turnover. The gross margin rose from €323 in 2014 to €59,430 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 76% of 37,177 companies in 2025.
Higher than 82% of 36,472 companies in 2025.
Higher than 89% of 36,707 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||
20/58 |
102,162 | 70,898 | 86,019 | 77,325 | 48,588 | 49,209 | 28,997 | 30,309 | 32,563 | 24,681 | 27,174 | 17,381 | |
21/28 |
4,169 | 15,285 | 31,404 | 20,354 | 950 | 1,900 | 3,907 | 4,703 | 5,170 | 4,000 | - | - | |
22/27 |
4,169 | 15,285 | 31,404 | 20,354 | 950 | 1,900 | 3,907 | 4,703 | 5,170 | 4,000 | - | - | |
23 |
952 | 1,269 | - | - | - | - | - | - | - | - | - | - | |
24 |
3,217 | 14,016 | 31,404 | 20,354 | 950 | 1,900 | 3,907 | 4,703 | 5,170 | 4,000 | - | - | |
29/58 |
97,993 | 55,613 | 54,615 | 56,971 | 47,638 | 47,309 | 25,090 | 25,606 | 27,393 | 20,681 | 27,174 | 17,381 | |
40/41 |
45,219 | 21,533 | 21,595 | 28,051 | 25,483 | 34,976 | 17,500 | 20,922 | 22,637 | 19,230 | 24,197 | 13,365 | |
40 |
12,976 | 1,530 | 3,270 | 9,339 | 9,109 | 33,246 | 2,110 | 5,130 | 11,052 | 6,820 | 23,407 | 11,622 | |
41 |
32,244 | 20,003 | 18,325 | 18,712 | 16,374 | 1,730 | 15,390 | 15,792 | 11,585 | 12,410 | 790 | 1,743 | |
54/58 |
51,782 | 33,417 | 32,601 | 28,467 | 22,077 | 12,334 | 7,490 | 4,685 | 4,756 | 1,451 | 2,977 | 4,015 | |
490/1 |
992 | 663 | 418 | 452 | 78 | - | 100 | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||
10/49 |
102,162 | 70,898 | 86,019 | 77,325 | 48,588 | 49,209 | 28,997 | 30,309 | 32,563 | 24,681 | 27,174 | 17,381 | |
10/15 |
72,537 | 38,376 | 36,372 | 39,962 | 28,466 | 25,514 | 20,369 | 16,819 | 22,368 | 17,130 | 9,043 | 6,341 | |
10/11 |
14,200 | 14,200 | 14,200 | 14,200 | 14,200 | 14,200 | 11,200 | 11,200 | 11,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 7,400 | 7,400 | 7,400 | 12,400 | 12,400 | 12,400 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | |
14 |
56,477 | 22,316 | 20,312 | 23,902 | 12,406 | 9,454 | 7,309 | 3,759 | 9,308 | 9,070 | 983 | 141 | |
17/49 |
29,625 | 32,522 | 49,648 | 37,362 | 20,122 | 23,695 | 8,628 | 13,490 | 10,195 | 7,551 | 18,131 | 11,040 | |
17 |
7,682 | 14,949 | 26,204 | 14,859 | - | - | - | - | - | - | - | - | |
170/4 |
7,682 | 14,949 | 26,204 | 14,859 | - | - | - | - | - | - | - | - | |
42/48 |
21,943 | 17,574 | 23,444 | 22,503 | 20,122 | 23,695 | 4,451 | 13,490 | 10,195 | 3,201 | 8,225 | 2,540 | |
42 |
7,266 | 11,255 | 10,867 | 6,130 | - | - | - | - | - | - | - | - | |
44 |
2,286 | 5,124 | 7,613 | 11,234 | 17,482 | 22,050 | 3,973 | 13,490 | 7,571 | 601 | 6,977 | - | |
440/4 |
2,286 | 5,124 | 7,613 | 11,234 | 17,482 | 22,050 | 3,973 | 13,490 | 7,571 | 601 | 6,977 | - | |
45 |
12,391 | 1,195 | 4,963 | 5,139 | 2,640 | 1,645 | 478 | - | 2,624 | 2,600 | 900 | - | |
450/3 |
12,391 | 1,195 | 4,963 | 5,139 | 2,640 | 1,645 | 478 | - | 2,624 | 2,600 | 900 | - | |
47/48 |
- | - | - | - | - | - | - | - | - | - | 349 | 2,540 | |
492/3 |
- | - | - | - | - | - | 4,177 | - | - | 4,350 | 9,906 | 8,500 | |
| Income statement | |||||||||||||
70 |
- | - | - | - | - | 43,445 | - | - | - | - | - | - | |
9900 |
59,430 | 26,145 | 12,285 | 33,038 | 5,005 | 9,588 | 7,922 | 1,499 | 5,082 | 14,685 | 4,052 | 323 | |
60/61 |
- | - | - | - | - | 36,179 | - | - | - | - | - | - | |
630 |
11,116 | 17,703 | 14,516 | 7,625 | 950 | 2,007 | 2,531 | 3,647 | 3,057 | 4,000 | - | - | |
640/8 |
2,325 | 4,763 | 861 | 8,105 | 830 | 1,484 | 911 | 1,006 | 1,473 | - | 128 | 475 | |
66A |
- | - | - | - | - | - | 1,016 | 2,000 | - | - | - | - | |
9901 |
45,989 | 3,680 | -3,093 | 17,308 | 3,225 | 6,097 | 3,465 | -5,155 | 552 | 10,685 | 3,924 | -152 | |
75/76B |
1,049 | 742 | 1,626 | 2 | 979 | 114 | 1,219 | 85 | - | - | 20 | 293 | |
75 |
1,049 | 742 | 1,626 | 2 | 979 | 114 | 1,219 | 85 | - | - | 20 | 293 | |
65/66B |
1,137 | 1,514 | 1,366 | 1,591 | 551 | 2,899 | 169 | 480 | 289 | 33 | 342 | - | |
65 |
1,137 | 1,514 | 1,366 | 1,591 | 551 | 181 | 169 | 480 | 289 | 33 | 342 | - | |
66B |
- | - | - | - | - | 2,718 | - | - | - | - | - | - | |
9903 |
45,901 | 2,908 | -2,833 | 15,719 | 3,653 | 3,312 | 4,515 | -5,549 | 263 | 10,652 | 3,603 | 141 | |
67/77 |
11,741 | 903 | 758 | 4,223 | 701 | 1,167 | 965 | - | 24 | 2,566 | 900 | - | |
9904 |
34,161 | 2,004 | -3,591 | 11,496 | 2,952 | 2,145 | 3,550 | -5,549 | 239 | 8,086 | 2,703 | 141 | |
9905 |
34,161 | 2,004 | -3,591 | 11,496 | 2,952 | 2,145 | 3,550 | -5,549 | 239 | 8,086 | 2,703 | 141 | |
| Appropriation of the result | |||||||||||||
9906 |
56,477 | 22,316 | 20,312 | 23,902 | 12,406 | 9,454 | 7,309 | 3,759 | 9,308 | 9,070 | 2,843 | 141 | |
14P |
22,316 | 20,312 | 23,902 | 12,406 | 9,454 | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | 1,860 | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | 1,860 | - | |
| Document | |||||||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 04-08-2026.
2025 annual accounts filed 4 days after the deadline. Filed on 4 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00389551.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 04-08-2026 | 2026-00389551 | |
| 31-12-2024 | micro format | 09-07-2025 | 2025-00262333 | |
| 31-12-2023 | micro format | 04-06-2024 | 2024-00109690 | |
| 31-12-2022 | micro format | 25-08-2023 | 2023-00352533 | |
| 31-12-2021 | micro format | 25-07-2022 | 2022-20217138 | |
| 31-12-2020 | micro format | 03-08-2021 | 2021-46700509 | |
| 31-12-2019 | micro format | 01-12-2020 | 2020-74400024 | |
| 31-12-2018 | micro format | 15-08-2019 | 2019-48000409 | |
| 31-12-2017 | full format | 19-09-2018 | 2018-64200256 | |
| 31-12-2016 | full format | 18-08-2017 | 2017-45100024 | |
| 31-12-2015 | full format | 18-08-2016 | 2016-43300017 | |
| 31-12-2014 | full format | 28-08-2015 | 2015-55100432 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 57,105 | 21,382 | 11,423 | 24,933 | 4,175 | 8,104 | 5,996 | -1,507 | 3,608 | 14,685 | - | - | ||
| 45,277 | 19,707 | 10,925 | 19,121 | 3,902 | 4,152 | 6,081 | -1,902 | 3,295 | 12,086 | - | - | ||
| 0 | 1,584 | 25,566 | 27,029 | 0 | 0 | 3,800 | 1,049 | 4,227 | 8,000 | - | - | ||
| 18,365 | 816 | 4,134 | 6,390 | 9,744 | 4,844 | 2,805 | -71 | 3,306 | -1,527 | -1,038 | - | ||
| 76,050 | 38,039 | 31,171 | 34,468 | 27,516 | 23,614 | 20,639 | 12,116 | 17,198 | 17,480 | 18,949 | 14,841 | ||
| - | - | - | - | - | 14.0% | - | - | - | - | - | - | ||
| 71.0% | 54.1% | 42.3% | 51.7% | 58.6% | 51.8% | 70.2% | 55.5% | 68.7% | 69.4% | 33.3% | 36.5% | ||
| 4.47 | 3.16 | 2.33 | 2.53 | 2.37 | 2.00 | 5.64 | 1.90 | 2.69 | 6.46 | 3.30 | 6.84 | ||
| 0.41 | 0.85 | 1.37 | 0.93 | 0.71 | 0.93 | 0.42 | 0.80 | 0.46 | 0.44 | 2.00 | 1.74 | ||
| 47.1% | 5.2% | -9.9% | 28.8% | 10.4% | 8.4% | 17.4% | -33.0% | 1.1% | 47.2% | 29.9% | 2.2% | ||
| 33.4% | 2.8% | -4.2% | 14.9% | 6.1% | 4.4% | 12.2% | -18.3% | 0.7% | 32.8% | 9.9% | 0.8% | ||
| 50.23 | 14.12 | 8.36 | 15.67 | 7.58 | - | - | - | - | - | - | - | ||
| - | - | - | - | - | 279 days | - | - | - | - | - | - | ||
| - | - | - | - | - | 222 days | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,584 | €25,566 | €27,029 | - |
| €11,116 | €17,703 | €14,516 | €7,625 | €950 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is over 12 times that of 2024 and the highest since 2014. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 45.9% to 29.0%. Equity is higher and debt is lower.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Chaussée d'Enghien 53 registered office 1430 Rebecq | ||
| Rue de Ham 21 1430 Rebecq | 03-03-2014 | 2.235.966.893 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25007A0190/00D000 | 679 m² | 1 · 134 m² | 5.3 m · 1 |
| 25007B0173/00F000 | 580 m² | 1 · 119 m² | 6.0 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0547.596.870
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