HVAC ENGINEERING
Open bankruptcyA bankruptcy procedure is open for HVAC ENGINEERING according to publications in the Belgian State Gazette; curator: VALERIE SOENEN.
Summary
The 2024 annual accounts show negative equity (€-4k) and a net result of €-15k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2324
2023 to 2024 · latest year €-4k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-4k
2023 · €11k
Total assets
€10k▼ 75.6%
2023 · €40k
Net result
€-15k
2023 · €8k
Working capital
€-4k
2023 · €11k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20232024
Operating result€13k-€-11k
Net result€8k-€-15k
Equity€11k-€-4k
Total assets€40k-€10k▼ 75.6%
Debt€29k-€13k▼ 53.5%
Working capital€11k-€-4k
Staff (FTE)0.4-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €11k after €13k in 2023.
Key figures and ratios
Solvency
-37.1%▼
2023 · 27.9%
Current ratio
0.73▼
2023 · 1.39
Debt to equity
-3.69▼
2023 · 2.59
ROA
-151.1%▼
2023 · 20.4%
Debt ≤ 1 year
€13k▼
2023 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €4k | - | - |
| Other operating charges640/8 | €738 | - | - |
| Gross operating margin9900 | €18k | €-11k | ▼ 165% |
| Operating profit (loss)9901 | €13k | €-11k | ▼ 187% |
| Financial income75/76B | €59 | €0 | ▼ 99.9% |
| Recurring financial income75 | €59 | €0 | ▼ 99.9% |
| Financial charges65/66B | €5k | €3k | ▼ 34.9% |
| Recurring financial charges65 | €5k | €3k | ▼ 34.9% |
| Profit (loss) for the period before taxes9903 | €8k | €-15k | ▼ 281% |
| Profit (loss) for the period9904 | €8k | €-15k | ▼ 281% |
| Profit (loss) for the period to be appropriated9905 | €8k | €-15k | ▼ 281% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €40k | €10k | ▼ 75.6% |
| Current assets29/58 | €40k | €10k | ▼ 75.6% |
| Amounts receivable within one year40/41 | €40k | €10k | ▼ 75.6% |
| Trade receivables40 | €37k | €3k | ▼ 92.3% |
| Other amounts receivable41 | €3k | €7k | ▲ 123% |
| Cash at bank and in hand54/58 | €3 | €17 | ▲ 461% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €40k | €10k | ▼ 75.6% |
| Equity10/15 | €11k | €-4k | ▼ 133% |
| Contributions10/11 | €3k | €3k | = |
| Reserves13 | €8k | €8k | = |
| Distributable reserves133 | €8k | €8k | = |
| Profit (loss) carried forward14 | - | €-15k | - |
| Amounts payable17/49 | €29k | €13k | ▼ 53.5% |
| Amounts payable within one year42/48 | €29k | €13k | ▼ 53.5% |
| Trade debts44 | €28k | €10k | ▼ 65.2% |
| Suppliers440/4 | €28k | €10k | ▼ 65.2% |
| Taxes, remuneration and social security45 | €75 | €352 | ▲ 370% |
| Remuneration and social security454/9 | €75 | €352 | ▲ 370% |
| Other amounts payable47/48 | €412 | €3k | ▲ 676% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €8k | €-15k | ▼ 281% |
| Operating cash flow (approximation) | €8k | €-15k | ▼ 281% |
| Change in cash | - | €14 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
18-11
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Brugge · event 06-11-2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
SignalNBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Dentergem · 1 establishment unit since 2022
Ground area
352 m²
Building footprint
86 m²
Volume, LiDAR
618 m³
Parcel 37016B0615/00D002, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HVAC ENGINEERING
since 20222.332.215.342
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37016B0615/00D002 | Flanders | 351 m² | 1 · 86 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | VALERIE SOENEN HOOGSTRAAT 34, 8700 TIELT- |
06-11-2025 → present |
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Of 7,044 companies in sector 43221 we hold annual accounts for 3,472. 1,901 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-06-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43320Joinery installation
74209Other photographic activities
Scores and ratios are computed by Checked and are not a credit decision.