Financials
- Fiscal year
- 2025
- Total assets
- €492,368
- Loss
- -€43,095
- Solvency
- 65.9%
Total assets▼ 18.0%
Net result
20192025
NG HEATING
ActiveSummary
NG HEATING has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €324,676 and a net result of -€43,095. Equity is growing by ~16.6% per year across the filed fiscal years. Its solvency ranks better than 71% of 28806 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
What they do
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
How big
€492,368total assets 2025
- Equity
- €324,676
- Loss
- -€43,095
Turnover not published (abridged schema)
Who decides
Accounts filed 24 d late0 of 2 deeds read
Why 55- Higher-failure-rate sector- Annual accounts: weaker financial profileFiled after the deadlineShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability8▼-44
Solvency91▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity ample (current ratio 2.93 against 2.59 in 2024; short-term debt: 34.1% and cash: 17.3% of total assets), and 34.1% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.9%
Return on assets
-8.8%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-02-2026, 24 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 · 8 filingsDeviation from the deadline
2025
24 d late
2024
158 d late
2023
1 d early
2022
40 d early
2021
242 d late
2020
150 d late
2019
1 d 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 76 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 24 February (4 of the last 5 filed years within 134 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€43,095
Key points
By topic
Timeline
- Events
- 13
- Since
- 2019
- Next accounts
- by 31-01-2027
- 24-02-2026Annual accounts filed
- 08-07-2025Annual accounts filed
- 30-06-2025Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Installation of electric heating, air conditioning, cooling and…NACE 43222
- Founded
- 09-01-2017
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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