Maes Heating Service

Active

Private limited companyfounded 2021active for 5 yearsSteegsebaan 180, 2490 Balen, BelgiumKBO/BCE: BE 0772.566.990

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Maes Heating Service has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €175,093 and a net result of €37,677. Equity is growing by about 28% per year across the filed financial years. Its solvency ranks better than 72% of 34,855 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

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Maes Heating ServiceActiveChecked score 84/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 16-08-2021 Normal situation
Legal form: Private limited company
Registered office: Steegsebaan 180, 2490 Balen
Activity: Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 3 others
Establishment unit: 2.320.452.311 2490 Balen, since 16-08-2021
Financial year end: 31 December
Peppol: Reachable since 31-10-2023

Company details

Who decides

Board

Maes SenneDirector · since 16-08-2021

Board & ownership

How it is doing

84 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.4%

Annual accounts 2025

Gross margin: €88,377; ▲ 6.9%
Turnover: ≈ €340,000; estimated
Profit: €37,677; ▼ 14.5%
Equity: €175,093; ▲ 1.4%
Total assets: €260,135; ▼ 4.6%

2025 accounts 28 days early

Filed on 03-07-2026at the National Bank

Financials

Why 84raises riskFounded in 2021Size: total assets €260,135lowers riskLiquidity: current ratio 4.41, cash €35,456Equity €175,093 (67.3% of total assets)Show the evidence

Checked score

Score 2025

84 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 62% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 92+4

equity 67.3% of total assets

Liquidity 64+2

short-term debt 14.2% · cash 13.6%

Profitability 87-2

return on assets 14.5%

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)

Last 24 months 11-2024: 0.8%highest value 12-2024: 0.8%● unchanged vs 11-2024highest value 01-2025: 0.7%▼ -0.1 percentage points vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.6%▼ -0.1 percentage points vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▼ -0.3 percentage points vs 07-2025lowest value 09-2025: 0.4%● unchanged vs 08-2025lowest value 10-2025: 0.4%● unchanged vs 09-2025lowest value 11-2025: 0.4%● unchanged vs 10-2025lowest value 12-2025: 0.4%● unchanged vs 11-2025lowest value 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.5%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.6%▲ +0.1 percentage points vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.5%▼ -0.1 percentage points vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.4%▼ -0.1 percentage points vs 09-2026

Credit of up to €14,000 on 30-day terms is acceptable

Liquidity ample (current ratio 4.41, compared with 2.98 in 2024, above the usual 1.5; short-term debt: 14.2% and cash: 13.6% of total assets), and 32.7% 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, micro): better than 73% on solvency, 63% on liquidity, 72% on profitability and 39% on growth.

The bankruptcy probability was computed on 31-10-2026 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).

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Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 4.41, cash €35,456

NBB · annual accounts

Founded in 2021

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Equity €175,093 (67.3% of total assets)

NBB · annual accounts

Size: total assets €260,135

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

28 days early

2024

30 days early

2023

14 days early

2022

3 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 19 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)

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 11 July (4 of the last 4 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Positive: Among the best 20% on equitysector median €57,776 · 34,867 companies €175,093 View
Positive: Always filed on timeaccounts within the deadline every year 4 years View

Documents

Key facts about Maes Heating Service

What is the company number of Maes Heating Service?: 0772.566.990. In Belgium the VAT number is the company number with BE in front: BE 0772.566.990.
Where is Maes Heating Service based?: The registered office is at Steegsebaan 180, 2490 Balen.Company details
What does Maes Heating Service 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 Maes Heating Service?: Private limited company (BV).
When was Maes Heating Service founded?: On 16-08-2021.
Is Maes Heating Service still active?: Yes, Maes Heating Service is an active enterprise in the KBO register.
What is the turnover of Maes Heating Service?: ≈ €340,000 in financial year 2025. Estimated from the gross margin of €88,377: probably between €270,000 and €470,000, based on 30 comparable companies, NACE 43222.Financials
Is Maes Heating Service profitable?: In financial year 2025, Maes Heating Service made a profit of €37,677.
Where can I find the annual accounts of Maes Heating Service?: Maes Heating Service filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Maes Heating Service due?: By 31-07-2027, for financial year 2026.Timeline