KONING
ActiveSummary
KONING has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.3m and a net result of €564,761. Equity is growing by about 91% per year across the filed financial years. Its solvency ranks better than 62% of 2,440 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222General electrical installation work NACE 43211
Largest company by total assets in Herent, Construction sector1 site
Size
€26.9mturnover 2025
- Staff
- 36.2 FTE
- Equity
- €6.3m
- Profit
- €564,761
Structure
- Parent
- Summit Group · 100%
- Holdings
- 2
- Beyond BVDirector · permanent representative Wiet Vande Velde
- Robbelinks BVDirector · permanent representative Lucas Robberechts
- Summit Group BVDirector · permanent representative Alain Bolssens
Auditor: BV MOORE AUDIT2025 accounts 15 days early5 of 10 deeds summarised
Why 91raises riskSector: Specialised construction activities (NACE 43)lowers riskFounded in 2008Size: turnover €26.9m, 36.2 FTE, total assets €12.3mProfit of €564,761 (financial year 2025)Show the evidence
Checked score
Score 2025
91
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 54% of its sector peers (NACE 43, small)
Financial strength · tick = 2024
Strong
Solvency
76-2
equity 51.3% of total assets
Liquidity
44-9
short-term debt 32.4% · cash 6.7%
Profitability
61-5
return on assets 4.6%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.2%▲ +0.1 percentage points vs 05-2025highest value
07-2025: 0.1%▼ -0.1 percentage points vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €550,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.1, compared with 2.21 in 2024, above the usual 1.5; short-term debt: 32.4% and cash: 6.7% of total assets), and 48.7% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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, small): better than 69% on solvency, 49% on liquidity, 30% on profitability and 70% on growth.
The bankruptcy probability was computed on 29-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises riskneutral
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 days early
2024
31 days early
2023
14 days late
2022
30 days late
2021
37 days early
2020
36 days early
2019
32 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 15 days before the deadline; the sector median (NACE 43) for financial year 2024 is 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 16 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Reappointment: Moore Audit BV (statutory auditor)Permanent representatives: Stijn van Hout…
- Resignations: AS Partners BV, Tinbeau Advisory…Appointment: Summit Group BV (director)…
Financials · financial year 2025, full format
In the rankings
#1 company by total assets in Herent, Construction sector#1 company by equity in Herent, Construction sector#3 company by staff growth in Herent
Turnover
€26.9m▲ 16.8%
2024 · €23.1m
EBIT margin
2.2%▼ 2.5pp
2024 · 4.7%
Net result
€564,761▼ 25.9%
2024 · €762,272
Working capital
€4.4m▲ 3.4%
2024 · €4.3m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result has fallen two years in a row; 2025 is 46% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€26.9m
2025
Operating result€0.6m
2025
Net result€0.6m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€12.3m
2025
Equity€6.3m
2025
Debt€6.0m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€4.4m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin2.2%
2025
Return on assets (ROA)4.6%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency51.3%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio2.10
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)36.2
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€23.1m€26.9m▲ 16.8%
Operating result€0.08m-€0.1m▲ 28.2%€0.6m▲ 486%€0.6m▲ 4.6%€0.7m▲ 12.4%€5.8m▲ 734%€1.1m▼ 81.4%€0.6m▼ 45.8%
Net result€0.05m-€0.08m▲ 38.3%€0.4mabove the sector's middle half▲ 441%€0.4mabove the sector's middle half▲ 4.3%€0.5mabove the sector's middle half▲ 24.7%€4.3mabove the sector's middle half▲ 704%€0.8mabove the sector's middle half▼ 82.2%€0.6mabove the sector's middle half▼ 25.9%
EBIT margin4.7%2.2%▼ 2.5pp
Equity€0.1m-€0.2m▲ 63.1%€0.4mwithin the sector's middle half▲ 107%€0.8mabove the sector's middle half▲ 105%€1.4mabove the sector's middle half▲ 64.0%€5.7mabove the sector's middle half▲ 314%€5.8mabove the sector's middle half▲ 2.0%€6.3mabove the sector's middle half▲ 9.8%
Total assets€0.5m-€0.9m▲ 90.5%€1.9mabove the sector's middle half▲ 123%€2.3mabove the sector's middle half▲ 19.0%€6.8mabove the sector's middle half▲ 196%€12.6mabove the sector's middle half▲ 85.9%€10.8mabove the sector's middle half▼ 14.1%€12.3mabove the sector's middle half▲ 14.0%
Debt€0.3m-€0.7m▲ 100%€1.5m▲ 127%€1.5m▼ 4.1%€5.4m▲ 271%€6.9m▲ 28.2%€5.1m▼ 27.1%€6.0m▲ 18.9%
Working capital€0.07m-€0.1m▲ 109%€0.5mabove the sector's middle half▲ 246%€0.9mabove the sector's middle half▲ 72.6%€3.2mabove the sector's middle half▲ 273%€6.0mabove the sector's middle half▲ 85.0%€4.3mabove the sector's middle half▼ 29.0%€4.4mabove the sector's middle half▲ 3.4%
Solvency26.4%-22.6%▼ 3.8pp21.1%below the sector's middle half▼ 1.6pp36.4%within the sector's middle half▲ 15.3pp20.2%below the sector's middle half▼ 16.2pp44.9%within the sector's middle half▲ 24.7pp53.3%within the sector's middle half▲ 8.4pp51.3%within the sector's middle half▼ 2.0pp
Current ratio1.21-1.22▲ 0.011.38within the sector's middle half▲ 0.161.65within the sector's middle half▲ 0.271.96within the sector's middle half▲ 0.312.29within the sector's middle half▲ 0.332.21within the sector's middle half▼ 0.082.10within the sector's middle half▼ 0.11
Return on assets (ROA)12.1%-8.8%▼ 3.3pp21.3%above the sector's middle half▲ 12.5pp18.7%above the sector's middle half▼ 2.6pp7.9%within the sector's middle half▼ 10.8pp34.1%above the sector's middle half▲ 26.2pp7.0%within the sector's middle half▼ 27.0pp4.6%within the sector's middle half▼ 2.5pp
Staff (FTE)2-4.9▲ 145%8.3within the sector's middle half▲ 69.4%19.8above the sector's middle half▲ 139%25.8above the sector's middle half▲ 30.3%34.4above the sector's middle half▲ 33.3%42.9above the sector's middle half▲ 24.7%36.2above the sector's middle half▼ 15.6%
above
within
below
the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Why a figure moved sharply
- 2024 Net result -82% on 2023. The accounts now follow the full format, last year the abbreviated format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.3m
Fixed assets
€3.9m ▲ 29.0%
Current assets
€8.4m ▲ 8.1%
Equity and liabilities €12.3m
Equity
€6.3m ▲ 9.8%
Debt
€6.0m ▲ 18.9%
Debt's share of the balance-sheet total rises from 46.7% to 48.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€980,914▼
2024 · €1.3m
Cash flow
€962,977▼
2024 · €980,949
Quick ratio
1.50▼
2024 · 1.60
Debt to equity
0.95▲
2024 · 0.88
ROE
8.9%▼
2024 · 13.2%
Interest coverage
14.99▼
2024 · 29.56
Debt ≤ 1 year
€4.0m▲
2024 · €3.5m
Debt > 1 year
€346,954▲
2024 · €346,527
Income taxes
€169,797▼
2024 · €276,651
Staff costs
€2.5m▼
2024 · €2.8m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,049 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 95.9% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.4%
went bankrupt
3.6%
stopped otherwise
95.9%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,049 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | - | - | €23.3m | €27.3m | ▲ 17.1% |
| Turnover70 | - | - | - | - | - | - | €23.1m | €26.9m | ▲ 16.8% |
| Own construction capitalised72 | - | - | - | - | - | - | €0 | €0.03m | - |
| Other operating income74 | - | - | - | - | - | - | €0.2m | €0.3m | ▲ 17.6% |
| Non-recurring operating income76A | - | - | - | €0.002m | €178 | €0 | €0.005m | €0.04m | ▲ 748% |
| Operating charges60/66A | - | - | - | - | - | - | €22.2m | €26.7m | ▲ 20.1% |
| Goods for resale, raw materials and consumables60 | - | - | - | - | - | - | €16.4m | €20.9m | ▲ 27.3% |
| Purchases600/8 | - | - | - | - | - | - | €16.3m | €21.1m | ▲ 29.6% |
| Change in stocks: decrease (increase)609 | - | - | - | - | - | - | €0.1m | -€0.2m | - |
| Services and other goods61 | - | - | - | - | - | - | €2.6m | €2.9m | ▲ 8.4% |
| Remuneration, social security and pensions62 | - | - | - | €1.1m | €1.7m | €2.2m | €2.8m | €2.5m | ▼ 12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.02m | €0.03m | €0.03m | €0.03m | €0.05m | €0.2m | €0.4m | ▲ 82.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | €0.1m | €0.02m | ▼ 83.9% |
| Other operating charges640/8 | - | - | - | €0.006m | €0.005m | €0.01m | €0.008m | €0.06m | ▲ 746% |
| Non-recurring operating charges66A | - | - | - | - | €0.002m | €0.004m | €0 | - | - |
| Gross operating margin9900 | €0.2m | €0.3m | €1.0m | €1.8m | €2.4m | €8.1m | - | - | - |
| Operating profit (loss)9901 | €0.08m | €0.1m | €0.6m | €0.6m | €0.7m | €5.8m | €1.1m | €0.6m | ▼ 45.8% |
| Financial income75/76B | - | - | - | €0.004m | €0.01m | €0.03m | €0.01m | €0.2m | ▲ 19× |
| Recurring financial income75 | €111 | €319 | €0.005m | €0.004m | €0.01m | €0.03m | €0.01m | €0.2m | ▲ 19× |
| Income from financial fixed assets750 | - | - | - | - | - | - | - | €0.2m | - |
| Income from current assets751 | - | - | - | - | - | - | €23 | €0.07m | ▲ 3,209× |
| Other financial income752/9 | - | - | - | - | - | - | €0.01m | €0.006m | ▼ 45.9% |
| Financial charges65/66B | - | - | - | €0.01m | €0.02m | €0.02m | €0.05m | €0.08m | ▲ 57.6% |
| Recurring financial charges65 | €378 | €0.003m | €0.006m | €0.01m | €0.02m | €0.02m | €0.05m | €0.08m | ▲ 57.6% |
| Debt charges650 | - | - | - | - | - | - | €0.04m | €0.07m | ▲ 49.4% |
| Other financial charges652/9 | - | - | - | - | - | - | €0.005m | €0.01m | ▲ 130% |
| Profit (loss) for the period before taxes9903 | €0.08m | €0.1m | €0.6m | €0.6m | €0.7m | €5.8m | €1.0m | €0.7m | ▼ 29.3% |
| Income taxes67/77 | €0.02m | €0.02m | €0.2m | €0.2m | €0.2m | €1.5m | €0.3m | €0.2m | ▼ 38.6% |
| Taxes670/3 | - | - | - | - | - | - | €0.3m | €0.2m | ▼ 38.6% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | - | - | €0 | - | - |
| Profit (loss) for the period9904 | €0.05m | €0.08m | €0.4m | €0.4m | €0.5m | €4.3m | €0.8m | €0.6m | ▼ 25.9% |
| Profit (loss) for the period to be appropriated9905 | €0.05m | €0.08m | €0.4m | €0.4m | €0.5m | €4.3m | €0.8m | €0.6m | ▼ 25.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.5m | €0.9m | €1.9m | €2.3m | €6.8m | €12.6m | €10.8m | €12.3m | ▲ 14.0% |
| Fixed assets21/28 | €0.05m | €0.06m | €0.1m | €0.09m | €0.2m | €1.9m | €3.1m | €3.9m | ▲ 29.0% |
| Intangible fixed assets21 | - | - | - | - | - | - | €0.2m | €0.9m | ▲ 450% |
| Tangible fixed assets22/27 | €0.05m | €0.06m | €0.09m | €0.07m | €0.1m | €0.9m | €1.1m | €1.1m | ▲ 6.9% |
| Plant, machinery and equipment23 | - | - | - | €0.001m | €0.001m | €0.01m | €0.02m | €0.02m | ▲ 45.3% |
| Furniture and vehicles24 | - | - | - | €0.06m | €0.1m | €0.2m | €0.2m | €0.4m | ▲ 63.2% |
| Other tangible fixed assets26 | - | - | - | €0.02m | €0.01m | €0.7m | €0.8m | €0.7m | ▼ 11.4% |
| Financial fixed assets28 | €0.005m | €0.005m | €0.005m | €0.01m | €0.02m | €1.0m | €1.8m | €1.9m | ▲ 5.4% |
| Affiliated companies280/1 | - | - | - | - | - | - | €1.8m | €1.9m | ▲ 5.6% |
| Participating interests280 | - | - | - | - | - | - | €1.8m | €1.9m | ▲ 5.6% |
| Other financial fixed assets284/8 | - | - | - | - | - | - | €0.06m | €0.06m | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | - | - | - | €0.06m | €0.06m | = |
| Current assets29/58 | €0.4m | €0.8m | €1.8m | €2.2m | €6.6m | €10.6m | €7.8m | €8.4m | ▲ 8.1% |
| Stocks and contracts in progress3 | €0.07m | €0.2m | €0.3m | €0.5m | €1.9m | €2.3m | €2.2m | €2.4m | ▲ 11.3% |
| Stocks30/36 | - | - | - | €0.5m | €1.9m | €2.3m | €2.2m | €2.4m | ▲ 11.3% |
| Goods purchased for resale34 | - | - | - | - | - | - | €2.2m | €2.4m | ▲ 11.3% |
| Amounts receivable within one year40/41 | €0.3m | €0.4m | €1.1m | €1.3m | €1.7m | €4.1m | €3.8m | €4.6m | ▲ 22.1% |
| Trade receivables40 | - | - | - | €0.9m | €1.5m | €3.5m | €2.2m | €3.1m | ▲ 37.9% |
| Other amounts receivable41 | - | - | - | €0.4m | €0.3m | €0.5m | €1.5m | €1.5m | ▼ 0.8% |
| Cash at bank and in hand54/58 | €0.07m | €0.2m | €0.4m | €0.4m | €2.0m | €3.8m | €1.5m | €0.8m | ▼ 43.8% |
| Deferred charges and accrued income490/1 | - | - | - | €0.03m | €1.0m | €0.5m | €0.4m | €0.6m | ▲ 57.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.5m | €0.9m | €1.9m | €2.3m | €6.8m | €12.6m | €10.8m | €12.3m | ▲ 14.0% |
| Equity10/15 | €0.1m | €0.2m | €0.4m | €0.8m | €1.4m | €5.7m | €5.8m | €6.3m | ▲ 9.8% |
| Contributions10/11 | €0.01m | €0.01m | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Reserves13 | €0.002m | €0.002m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Profit (loss) carried forward14 | €0.1m | €0.2m | €0.2m | €0.6m | €1.1m | €5.4m | €5.5m | €6.1m | ▲ 10.2% |
| Amounts payable17/49 | €0.3m | €0.7m | €1.5m | €1.5m | €5.4m | €6.9m | €5.1m | €6.0m | ▲ 18.9% |
| Amounts payable after more than one year17 | - | €0.01m | €0.02m | €0.006m | €0.02m | €0.5m | €0.3m | €0.3m | ▲ 0.1% |
| Financial debts170/4 | - | - | - | €0.006m | €0.02m | €0.5m | €0.3m | €0.3m | ▲ 0.1% |
| Credit institutions173 | - | - | - | - | - | - | €0.3m | €0.3m | ▲ 0.1% |
| Amounts payable within one year42/48 | €0.3m | €0.7m | €1.3m | €1.3m | €3.4m | €4.6m | €3.5m | €4.0m | ▲ 13.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.3m | €0.5m | €0.1m | €0.1m | €0.2m | ▲ 81.7% |
| Financial debts43 | - | - | - | €0.05m | €0.2m | €0.8m | €0 | €0.3m | - |
| Credit institutions430/8 | - | - | - | €0.05m | €0.2m | €0.8m | €0 | €0.3m | - |
| Trade debts44 | €0.3m | €0.4m | €0.7m | €0.7m | €2.3m | €2.9m | €1.9m | €3.3m | ▲ 73.3% |
| Suppliers440/4 | - | - | - | €0.7m | €2.3m | €2.9m | €1.9m | €3.3m | ▲ 73.3% |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.2m | €0.9m | €0.8m | €0.2m | ▼ 76.9% |
| Taxes450/3 | - | - | - | €0.02m | €0.04m | €0.6m | €0.6m | €0.02m | ▼ 96.5% |
| Remuneration and social security454/9 | - | - | - | €0.1m | €0.2m | €0.3m | €0.3m | €0.2m | ▼ 35.1% |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.2m | €0 | €0.7m | €0.05m | ▼ 92.3% |
| Accrued charges and deferred income492/3 | - | - | - | €0.1m | €2.0m | €1.8m | €1.2m | €1.7m | ▲ 38.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.05m | €0.08m | €0.4m | €0.4m | €0.5m | €4.3m | €0.8m | €0.6m | ▼ 25.9% |
| + Depreciation and write-downs630 | €0.02m | €0.02m | €0.03m | €0.03m | €0.03m | €0.05m | €0.2m | €0.4m | ▲ 82.1% |
| Operating cash flow (approximation) | €0.07m | €0.1m | €0.4m | €0.5m | €0.6m | €4.3m | €1.0m | €1.0m | ▼ 1.8% |
| Investment in fixed assets (approximation) | - | -€0.03m | -€0.06m | -€0.01m | -€0.09m | -€1.8m | -€1.3m | -€1.3m | ▲ 3.4% |
| Change in cash | - | €0.1m | €0.2m | -€0.009m | €1.7m | €1.8m | -€2.3m | -€0.7m | ▲ 72.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 16-07-2026 | 2026-00306897 |
| 31-12-2024 | full format | 30-06-2025 | 2025-00195257 |
| 31-12-2023 | abbreviated format | 14-08-2024 | 2024-00344178 |
| 31-12-2022 | abbreviated format | 30-08-2023 | 2023-00417127 |
| 31-12-2021 | abbreviated format | 24-06-2022 | 2022-20128689 |
| 31-12-2020 | abbreviated format | 25-06-2021 | 2021-26100183 |
| 31-12-2019 | micro format | 29-06-2020 | 2020-22900473 |
| 31-12-2018 | micro format | 19-06-2019 | 2019-20600077 |
| 31-12-2017 | micro format | 10-07-2018 | 2018-32800357 |
| 31-12-2016 | micro format | 25-08-2017 | 2017-49400541 |
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Of the 9,483 active companies whose main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222), figures are known for 5,768. 719 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 to 2025 · 13 entries · €89,637 awarded · €65,441 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 4 | €59,488 | €34,517 |
| 2024 | 4 | €15,805 | €24,583 |
| 2023 | 3 | €10,196 | €2,193 |
| 2022 | 2 | €4,148 | €4,148 |
Schemes
Show 1 more
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
3 directors, last change in 2025
Board 3
Beyond BV
CurrentDirector · since 20-03-2024 · Legal entity · permanent representative: Wiet Vande Velde
Robbelinks BV
CurrentDirector · since 20-03-2024 · Legal entity · permanent representative: Lucas Robberechts
Summit Group BV
CurrentDirector · since 27-06-2025 · Legal entity · permanent representative: Alain Bolssens
Permanent representatives 3
Lucas Robberechts
CurrentPermanent representative · since 20-03-2024 · for Robbelinks BV
Wiet Vande Velde
CurrentPermanent representative · since 20-03-2024 · for Beyond BV
Alain Bolssens
CurrentPermanent representative · since 27-06-2025 · for Summit Group BV
Statutory auditor 1
BV MOORE AUDIT
CurrentStatutory auditor · since 04-06-2025
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
5 of this company's 10 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
8 people since 2024, 4 in office
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Beyond BV |
|
| Robbelinks BV |
|
| Summit Group BV |
|
| BV MOORE AUDIT |
|
| AS Partners BV |
|
| KV-Invest BV |
|
| Tinbeau Advisory Services BV |
|
| Tron Invest BV |
|
Owners and capital
Owners
1 ownerChain of control
- Summit Group
- KONING
Highest known parent: Summit Group. The sources do not say who stands above it.
Owners 1
-
100%
According to the 2025 annual accounts of KONING and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
Capital over the years
- 12-12-2023 Converted to available equity
Group and network
Holdings and subsidiaries
2 holdings · 3 subsidiaries in the treeHoldings 2
Source for every holding own accounts 2025
-
100%
-
100%
All subsidiaries, including indirect ones 3
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
JOKRI 100%1 subsidiary
- JRB Energy 100%
According to the 2025 annual accounts of KONING and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
financial year 2025 · full format
03-07
Gazette deed
Reappointment: Moore Audit BV (statutory auditor)Permanent representatives: Stijn van Hout and Kevin Gevel4 facts ▸
Gazette deed
Reappointment: Moore Audit BV (statutory auditor)
Permanent representatives: Stijn van Hout and Kevin Gevel4 facts ▸
- General meeting, 19-12-2025
- Auditor reappointment, Moore Audit BV (statutory auditor)
- Permanent representative, Stijn van Hout
- Permanent representative, Kevin Gevel
09-04
Gazette deed
Resignations: AS Partners BV, Tinbeau Advisory Services BV and KV Invest BVAppointment: Summit Group BV (director) · Permanent representative: Alain Bolssens6 facts ▸
Gazette deed
Resignations: AS Partners BV, Tinbeau Advisory Services BV and KV Invest BV
Appointment: Summit Group BV (director) · Permanent representative: Alain Bolssens6 facts ▸
- General meeting, 27-06-2025
- Director resignation, AS Partners BV (director)
- Director resignation, Tinbeau Advisory Services BV (director)
- Director resignation, KV Invest BV (director)
- Director appointment, Summit Group BV (director)
- Permanent representative, Alain Bolssens
2025
30-06
NBB filing
Annual accounts filed
financial year 2024 · full format
04-06
Gazette deed
Appointment: Moere Audit BV (statutory auditor)Permanent representative: Stijn Van Hout3 facts ▸
Gazette deed
Appointment: Moere Audit BV (statutory auditor)
Permanent representative: Stijn Van Hout3 facts ▸
- General meeting, “uittreksel uit de notulen, eenparigheid van stemmen” (deed in Dutch)
- Auditor appointment, Moere Audit BV (statutory auditor)
- Permanent representative, Stijn Van Hout
2024
14-08
NBB filing
Annual accounts filed
financial year 2023 · abbreviated format · 14 days late
20-03
Gazette deed
Resignation: Tron Invest BV (director)Appointments: AS Partners BV, TINBEAU ADVISORY SERVICES BV and 3 others · Permanent representatives: Lucas Robberechts, Stefan Yee and 3 others · Director discharge14 facts ▸
Gazette deed
Resignation: Tron Invest BV (director)
Appointments: AS Partners BV, TINBEAU ADVISORY SERVICES BV and 3 others · Permanent representatives: Lucas Robberechts, Stefan Yee and 3 others · Director discharge14 facts ▸
- General meeting, 26-02-2024
- Director resignation, Tron Invest BV (director)
- Director discharge, Tron Invest BV
- Director appointment, AS Partners BV (director)
- Director appointment, TINBEAU ADVISORY SERVICES BV (director)
- Director appointment, Beyond BV (director)
- Director appointment, Robbelinks BV (director)
- Director appointment, KV-Invest BV (director)
- Permanent representative, Lucas Robberechts (2 times)
- Permanent representative, Stefan Yee
- Permanent representative, Alain Bolssens
- Permanent representative, Wiet Vande Velde
- +2 further facts in this act
2023
31-12
Financial
Highest result from 2018 to 2025net €4.3m ▲704%
Operating result €5.8m, net result €4.3m, both a record.
31-12
Financial
Equity above €5mequity €5.7m ▲314%
A profit in every financial year since 2018 builds equity to €5.7m.
12-12
Gazette deed
Registered office · Amendment of the articles · Legal-form changeCapital conversion · Registered-office move · Capital7 facts ▸
Gazette deed
Registered office · Amendment of the articles · Legal-form change
Capital conversion · Registered-office move · Capital7 facts ▸
- General meeting, “KONING, 3020 Herent,Halleboomstraat 1 bus C2” (deed in Dutch)
- Capital conversion, “beschikbare eigen vermogensrekening” (deed in Dutch)
- Registered-office move, Mechelsesteenweg 676,3020 Herent
- Amendment of the articles
- Capital
- Power of attorney
- Power of attorney, Tim CARNEWAL
30-08
NBB filing
Annual accounts filed
financial year 2022 · abbreviated format · 30 days late
2022
31-12
Financial
Equity above €1mequity €1.4m ▲64%
A profit in every financial year since 2018 builds equity to €1.4m.
Show earlier events
24-06
NBB filing
Annual accounts filed
financial year 2021 · abbreviated format
2021
31-12
Financial
Equity above €500,000equity €834,524 ▲105%
A profit in every financial year since 2018 builds equity to €834,524.
25-06
NBB filing
Annual accounts filed
financial year 2020 · abbreviated format
2020
31-12
Financial
Equity above €200,000equity €406,435 ▲107%
A profit in every financial year since 2018 builds equity to €406,435.
29-06
NBB filing
Annual accounts filed
financial year 2019 · micro format
2019
31-12
Financial
Equity above €150,000equity €196,124 ▲63.1%
A profit in every financial year since 2018 builds equity to €196,124.
19-06
NBB filing
Annual accounts filed
financial year 2018 · micro format
2018
10-07
NBB filing
Annual accounts filed
financial year 2017 · micro format
2017
25-08
NBB filing
Annual accounts filed
financial year 2016 · micro format · 25 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 17 annual accounts filed, the latest 10 are here; all 17 are under Financials.
5 of 10 deeds read
About the unread acts
Of the 10 Belgian Official Gazette deeds we know for this company, 5 have been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded23-09-2008
Financial year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
42220Construction of utility projects for electricity and telecommunications
43130Specialised construction activities
43213Specialised construction activities
43221Plumbing work
43223Specialised construction activities
43240Other construction installation
46647Wholesale trade
Contact
E-mail
lucas@energyking.beHerent
Phone
+32477324012Herent
E-invoicing
Reachable via Peppol
Peppol ID
0208:0806516101
Also
9925:BE0806516101
Registered
08-04-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 0806.516.101
Recognitions · licences · registrations
Recognised contractor
8 categoriesKONING BVapproval no. #10352
- D16 Sanitary installations and gas heating with individual appliancesclass 4, up to €1,080,000
- D17 Central heating, thermal installationsclass 5, up to €2,172,000
- D18 Ventilation, warm-air heating and air conditioningclass 4, up to €1,080,000
- P3 Overhead power linesclass 5, up to €2,172,000
- T3 Refrigeration equipmentclass 5, up to €2,172,000
KONING BVapproval no. 46042
- P1 Electrical installations in buildings, with fire and burglar alarms and telecomsclass 3, up to €600,000
- P2 Electrical and electromechanical installations of structures and industry, outdoor installationsclass 5, up to €2,172,000
- S1 Public telephone and telegraph equipmentclass 3, up to €600,000
Dual-learning approval
1 live approvalKoelinstallaties duaal (so)
Environmental permits
2 applications in Flanders since 2020 · 1 granted
Bouwen of herbouwen; Gevel-, dak-, instandhoudings- en renovatiewerken binnen een gebouw, zonder volume- of oppervlaktewijziging; Nieuwbouw of aanleggen; Slopen of verwijderen; Slopen van niet vrijstaande gebouwen of constructies; Verwijderen van vrijstaande bijgebouwen, niet-overdekte lage constructies of andere beperkte handelingen
Bouwen of herbouwen; Gevel-, dak-, instandhoudings- en renovatiewerken binnen een gebouw, zonder volume- of oppervlaktewijziging; Nieuwbouw of aanleggen; Slopen of verwijderen; Slopen van niet vrijstaande gebouwen of constructies; Verwijderen van vrijstaande bijgebouwen, niet-overdekte lage constructies of andere beperkte handelingen
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Herent · 1 establishment unit since 2008
Ground area
3,326 m²
Building footprint
1,247 m²
Building volume
2,803 m³
Parcel 24422F0091/00N000, Flanders · tallest building 17.4 m. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
KONING BVBA
since 2008unit no. 2.251.095.529
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24422F0091/00N000 | Flanders | 3,326 m² | 1 · 1,247 m² | 17.4 m |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het uitvoeren van mandaten als bestuurder,gedelegeerd bestuurder,bijzondere lasthebber,directeur,opdrachten in verband met het dagelijks…” (deed in Dutch)
30 activities (deed in Dutch)
- Het uitvoeren van mandaten als bestuurder,gedelegeerd bestuurder,bijzondere lasthebber,directeur,opdrachten in verband met het dagelijks bestuur van alle vennootschappen en rechtspersonen,zo Belgische als Buitenlandse.
- Het opzetten van managements- en organisatiestructuren alsook het beheer ervan.
- Het verwerven,beheren en verkopen van alle welkdanige participaties,deelnemingen en joint ventures,zo rechtstreekse als onrechtstreekse,in alle vennootschappen,rechtspersonen.
- Het uitbaten van fitnesscentra.
- De aan- en verkoop,de in- en export,van alle soorten voertuigen,zo nieuw als tweedehands.
- Het uitvoeren van aannemingswerken.
- Het geven van adviezen als energie-adviseur,alsook alle consultancy aangaande energie,energieverbruik,isolatie,en aanverwante domeinen,waaronder het opstellen van alle energie-audits,energieprestatiecertificaten,EPB-studies,consultancy,lezingen,terbeschikkingstelling van studiemateriaal,alsook in alle aanverwante domeinen van energie.
- Alle opdrachten van consultancy inzake van veiligheid.
- Het aanleggen en onderhouden van tuinen,parken en het groene gedeelte van sportvelden.
- De aanleg van pijpleidingen voor het vervoer van gas,petroleumproducten,enzovoorts.
- De aanleg van leidingen voor het vervoer en de distributie van elektrische energie.
- Het aanleggen,beheren,onderhouden,van alle elektrische installaties.
- De installatie van verwarming,klimaatregeling,ventilatie(zonder verwarming).
- Alle overig loodgieterswerk.
- Het verkopen en installeren van koel- en vriesinstallaties allerhande.
- De handelsbemiddeling in goederen,algemeen assortiment.
- Het organiseren van bruiloften,banketten,cocktails,lunches,recepties,feesten,fuiven,concerten,festivals enzovoorts.
- Het toezien op bouwwerkzaamheden(ruwbouw,installaties,afwerking enzovoorts.)
- Het ontwerpen van tuinen,parken,enzovoorts.
- De uitwerking en de realisatie van projecten op het gebied van de elektriciteit en elektronica,mijnbouw,chemie,machine- en werktuigbouw,industriële systeemontwikkeling,veiligheid,enzovoorts.
- Het verlenen van advies op het gebied van beveiliging aan het bedrijfsleven en aan de overheid.
- De organisatie van salons,tentoonstellingen en beurzen.
- Overige zakelijke dienstverlening.
- Volwassenenvorming.
- Overige vormen van onderwijs.
- Beheer en exploitatie van sportcentra.
- De organisatie en de uitvoering van sportevenementen:voetbal,wielrennen,bowling,zwemmen,golf,boksen,worstelen,en andere vechtsporten,bodybuilding,wintersporten,atletiek,schieten,roeien,enzovoorts.
- Alle activiteiten in verband met sportwedstrijden met dieren(paarden,windhonden,duiven,enzovoorts).
- Alle activiteiten in verband met mechanische sporten(auto’s,motorrijwielen,karts,enzovoorts).
- Alle overige activiteiten van sportbeoefening.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- KONING
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Daily managementWho may handle the everyday running of the business without the full board.
- The board decides whether the delegates act alone or jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Samenstelling bestuursorgaan, algemene vergadering die bestuurder(s)benoemt bepaalt aantal,duur opdracht en bij meerdere bestuurders…” (deed in Dutch)“College, eigen stem plus evenveel als volmachten” (deed in Dutch)“Vastgelegd in notulen ondertekend door voorzitter en leden die verlangen, §3 Algemeen” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 18:00
- General meeting ruleHow the general meeting works: who calls it, who may attend and how it decides.
- “Gewone meerderheid uitgebrachte stemmen ongeacht vertegenwoordigde effecten behoudens wet, schriftelijke volmacht via elk middel van…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Alle machten artikel 2:87 Wetboek van vennootschappen en verenigingen zonder bijzondere machtiging, algemene vergadering kan te allen tijde…” (deed in Dutch)