Financials
- Fiscal year
- 2025
- Total assets
- €41,946
- Profit
- €1,205
- Solvency
- 36.0%
Total assets▼ 20.4%
Net result
20192025
ro.HVAC
ActiveSummary
ro.HVAC has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15,089 and a net result of €1,205. Equity is growing by ~35% per year across the filed fiscal years. Its solvency ranks better than 38% of 30651 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
What they do
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
How big
€41,946total assets 2025
- Equity
- €15,089
- Profit
- €1,205
Turnover not published (abridged schema)
Who decides
Accounts 57 d early0 of 4 deeds read
Why 85- Founded in 2018- Sector Specialised construction activities (NACE 43)- Size: total assets €41,946+ Liquidity: current ratio 1.78, cash €23,681Show the evidence
Checked score
Score 2025
85
/ 100
Excellent
Probability in this band: under 0.55%
Better than 49% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
61+10
equity 36.0% of total assets
Liquidity
83+3
short-term debt 36.7% · cash 56.5%
Profitability
54-8
return on assets 2.9%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.2%highest value
12-2024: 1.0%▼ -10.9% vs 11-2024
01-2025: 1.0%▼ -1.9% vs 12-2024
02-2025: 1.0%● 0.0% vs 01-2025
03-2025: 1.0%▲ +1.3% vs 02-2025
04-2025: 1.1%▲ +2.3% vs 03-2025
05-2025: 1.1%● 0.0% vs 04-2025
06-2025: 1.0%▼ -2.2% vs 05-2025
07-2025: 1.1%▲ +2.0% vs 06-2025
08-2025: 0.4%▼ -66.9% vs 07-2025
09-2025: 0.4%● 0.0% vs 08-2025
10-2025: 0.4%● 0.0% vs 09-2025
11-2025: 0.4%● 0.0% vs 10-2025
12-2025: 0.4%● 0.0% vs 11-2025
01-2026: 0.3%▼ -2.6% vs 12-2025
02-2026: 0.4%▲ +2.3% vs 01-2026
03-2026: 0.4%▲ +2.3% vs 02-2026
04-2026: 0.4%▲ +5.6% vs 03-2026
05-2026: 0.4%▼ -6.6% vs 04-2026
06-2026: 0.3%▼ -4.0% vs 05-2026
07-2026: 0.4%▲ +5.0% vs 06-2026
08-2026: 0.4%● 0.0% vs 07-2026
09-2026: 0.4%● 0.0% vs 08-2026
10-2026: 0.3%▼ -5.9% vs 09-2026lowest value
- Liquidity: current ratio 1.78, cash €23,681 lowers the probability
- Founded in 2018 raises the probability for this profile
- Sector Specialised construction activities (NACE 43) raises the probability
- Size: total assets €41,946 raises the probability for this profile
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 1.78 against 1.5 in 2024; short-term debt: 36.7% and cash: 56.5% of total assets), but 64% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 38%, liquidity 81%, profitability 26%, growth against the median 53%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 04-06-2026, 57 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
57 d early
2024
41 d early
2023
43 d early
2022
2 d late
2021
144 d late
2020
195 d late
2019
283 d late
← 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 69 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 20 June (4 of the last 5 filed years within 43 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 11
- Since
- 2021
- Next accounts
- by 31-07-2027
- 04-06-2026Annual accounts filed
- 20-06-2025Annual accounts filed
- 18-06-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Installation of electric heating, air conditioning, cooling and…NACE 43222
- Founded
- 06-09-2018
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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