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PROFESSIONAL HEATING COMPANY

Active
Private limited companyfounded 2015active for 11 yearsNijverheidsstraat 10, 8760 Tielt, BelgiumKBO/BCE: BE 0612.973.682
Summary

PROFESSIONAL HEATING COMPANY has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €197,117 and a net result of €308,293. Equity has been shrinking by about 5.7% per year since 2019. Its solvency ranks better than 14% of 1,687 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 25-03-2015 Normal situation
Activity
Repair and maintenance of fabricated metal products NACE 33110and 6 others
Establishment unit
2.241.000.007 8760 Tielt, since 25-03-2015
Financial year end
30 September
Peppol
Reachable since 19-11-2025

Board and ownership

Last known board

Financial position

81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts to 30-09-2025
Gross margin
€543,529
▲ 31.9%
Turnover
≈ €1.1m
estimated
Profit
€308,293
▲ 25.0%
Equity
€197,117
▼ 15.0%
Total assets
€2.2m
▲ 6.9%
Score breakdownraises riskEquity €197,117 (8.8% of total assets)1 change of registered office in 24 monthslowers riskSize: total assets €2.2mFigures for financial year 2025 (filed on 15-01-2026)Show the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 32% of small companies in repair and installation of machinery (NACE 33)
Financial strength · tick: 2024
Average
Solvency 34-2
equity 8.8% of total assets
Liquidity 29-3
short-term debt 57.7% · cash 7.1%
Profitability 86+2
return on assets 13.8%
Bankruptcy probability within 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 0.3% (194 companies, NACE 33, small)
Last 24 months 12-2024: 0.2%lowest value 01-2025: 0.3%▲ +0.1 percentage points vs 12-2024 02-2025: 0.6%▲ +0.3 percentage points vs 01-2025 03-2025: 0.7%▲ +0.1 percentage points vs 02-2025highest value 04-2025: 0.5%▼ -0.2 percentage points vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.4%▼ -0.1 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.5%▲ +0.1 percentage points vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.4%▼ -0.1 percentage points vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.96 (1.04 in 2024), below 1. Short-term debt is 57.7% and cash 7.1% of total assets. 91.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 33, small). It does better than 9% of them on solvency, 24% on liquidity, 82% on profitability and 14% on growth.

The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €2.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €197,117 (8.8% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 15-01-2026)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 1687 sector peers (2025).
NBB · sector comparison
Position among 1687 sector peers
Solvency
better than 14%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 15-01-2026, 105 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
105 days early
2024
41 days early
2023
on the day
2022
1 day early
2021
on the day
2020
on the day
2019
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 25 days before the deadline. In the sector (NACE 33), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 29 April (4 of the last 5 accounts filed within 40 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end04-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower solvency than 86% of companies in repair and installation of machinerysector median 45.5% · 1,687 companies 8.8% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €308,293 7 years View
  • Positive: Result rose in 2025from €246,621 to €308,293 ▲ 25.0% View

Recent changes

  1. · Gazette deed Registered office moved within MeulebekeNew seat: Nijverheidsstraat 10, 8760 Meulebeke · Previous seat: Pittemstraat 88A, 8760 Meulebeke
  2. · Gazette deed Changes of role: DERUYCK Charles (statutory director) and DAVID Berdien (director)
  3. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as PROFESSIONAL HEATING COMPANY: repair and maintenance of fabricated metal products (NACE 33110). They are comparable in size and age: total assets between €1.1m and €2.4m, founded between 2009 and 2018.

CompanyTotal assetsGross margin
PROFESSIONAL HEATING COMPANY Tielt€2.2m€0.5m
Erpa Industrial Supplier Oostende€1.8m€0.7m
ISCS TECHNICAL Wuustwezel€1.4m€0.6m
MIGUEL DEVOS De Panne€1.4m€0.4m
Vanryssel Construction Services Diksmuide€2.4m€0.8m
Edelweiss Oostende€1.1m€0.5m
P & W Engineering Roeselare€2.3m€0.8m
Full comparison

Key facts about PROFESSIONAL HEATING COMPANY

What is the company number of PROFESSIONAL HEATING COMPANY?
The company number of PROFESSIONAL HEATING COMPANY is 0612.973.682. The VAT number is the same number with BE in front: BE 0612.973.682.
Where is PROFESSIONAL HEATING COMPANY based?
The registered office is at Nijverheidsstraat 10, 8760 Tielt.Company details
What does PROFESSIONAL HEATING COMPANY do?
According to the KBO register, the main activity is repair and maintenance of fabricated metal products (NACE 33110).
What is the legal form of PROFESSIONAL HEATING COMPANY?
The legal form of PROFESSIONAL HEATING COMPANY is Private limited company (BV).
When was PROFESSIONAL HEATING COMPANY founded?
PROFESSIONAL HEATING COMPANY was founded on 25-03-2015.
Is PROFESSIONAL HEATING COMPANY still active?
Yes, PROFESSIONAL HEATING COMPANY is an active enterprise in the KBO register.
What is the turnover of PROFESSIONAL HEATING COMPANY?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €543,529 and 882 comparable companies of the same size. It probably lies between €760,000 and €1.6m. It is a rough estimate.Financials
Is PROFESSIONAL HEATING COMPANY profitable?
In financial year 2025, PROFESSIONAL HEATING COMPANY made a profit of €308,293.
Where can I find the annual accounts of PROFESSIONAL HEATING COMPANY?
PROFESSIONAL HEATING COMPANY filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PROFESSIONAL HEATING COMPANY due?
PROFESSIONAL HEATING COMPANY must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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