Rova Heating Technics
ActiveRova Heating Technics has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €113k and a net result of €83k. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 22% of 27787 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+1
Solvency45▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.27 in 2024; short-term debt: 79.6% and cash: 55.4% of total assets), and 79.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.4%
Return on assets
15.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 27787 sector peers (2025).
NBB · sector comparisonPosition among 27787 sector peers
Solvency
better than 22%
← weakest
strongest →
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 03-07-2026, 28 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
28 d early
2024
7 d early
2023
2 d late
2022
11 d early
2021
11 d early
2020
1 d early
2019
5 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€113k▲ 3.2%
2024 · €109k
2018: €89k
2019: €89k
2020: €89k
2021: €104k
2022: €106k
2023: €110k
2024: €109k
2018 → 2025
Total assets
€553k▲ 18.5%
2024 · €467k
2018: €564k
2019: €540k
2020: €806k
2021: €629k
2022: €420k
2023: €450k
2024: €467k
2018 → 2025
Net result
€83k▲ 20.9%
2024 · €69k
2018: €136k
2019: €166k
2020: €72k
2021: €65k
2022: €42k
2023: €44k
2024: €69k
2018 → 2025
Working capital
€92k▼ 3.4%
2024 · €95k
2018: €54k
2019: €57k
2020: €62k
2021: €83k
2022: €88k
2023: €100k
2024: €95k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€104k-€106k▲ 1.8%€110k▲ 3.8%€109k▼ 0.9%€113k▲ 3.2%
Operating result€54k-€57k▲ 5.5%€82k▲ 43.6%€95k▲ 15.5%€116k▲ 22.2%
Net result€65k-€42k▼ 35.6%€44k▲ 5.0%€69k▲ 56.8%€83k▲ 20.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 22% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €553k
Fixed assets
€21k▲ 46.1%
Current assets
€532k▲ 17.6%
Equity and liabilities €553k
Equity
€113k▲ 3.2%
Debt
€440k▲ 23.2%
The debt ratio rises from 76.6% to 79.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€123k▲
2024 · €100k
Cash flow
€91k▲
2024 · €74k
Solvency
20.4%▼
2024 · 23.4%
Current ratio
1.21▼
2024 · 1.27
Quick ratio
0.86▲
2024 · 0.57
Debt / equity
3.91▲
2024 · 3.28
ROE
74.1%▲
2024 · 63.2%
ROA
15.1%▲
2024 · 14.8%
Interest coverage
48.75▼
2024 · 51.86
Debt
€440k▲
2024 · €357k
Debt ≤ 1 year
€440k▲
2024 · €357k
Income taxes
€30k▲
2024 · €24k
Staff costs
€161k▲
2024 · €137k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€467k€553k▲
Fixed assets21/28€14k€21k▲
Tangible fixed assets22/27€14k€21k▲
Plant, machinery and equipment23€8k€11k▲
Furniture and vehicles24€6k€10k▲
Financial fixed assets28€275€275=
Current assets29/58€452k€532k▲
Stocks and contracts in progress3€249k€153k▼
Stocks30/36€119k€147k▲
Contracts in progress37€130k€6k▼
Amounts receivable within one year40/41€66k€64k▼
Trade receivables40€36k€43k▲
Other amounts receivable41€30k€21k▼
Cash at bank and in hand54/58€131k€306k▲
Deferred charges and accrued income490/1€5k€9k▲
Equity and liabilities
Total equity and liabilities10/49€467k€553k▲
Equity10/15€109k€113k▲
Contributions10/11€25k€25k=
Reserves13€21k€21k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k-
Other1319-€3k
Tax-exempt reserves132€19k€19k=
Profit (loss) carried forward14€63k€66k▲
Amounts payable17/49€357k€440k▲
Amounts payable within one year42/48€357k€440k▲
Trade debts44€282k€286k▲
Suppliers440/4€282k€286k▲
Taxes, remuneration and social security45€5k€7k▲
Taxes450/3€963€3k▲
Remuneration and social security454/9€4k€4k=
Other amounts payable47/48€70k€147k▲
Income statement
Code20242025
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€137k€161k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€7k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€239k€288k▲
Operating profit (loss)9901€95k€116k▲
Financial income75/76B€20€0▼
Recurring financial income75€20€0▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€93k€113k▲
Income taxes67/77€24k€30k▲
Profit (loss) for the period9904€69k€83k▲
Profit (loss) for the period to be appropriated9905€69k€83k▲
Appropriation of the result
Profit (loss) to be appropriated9906€133k€146k▲
Profit (loss) brought forward from the previous period14P€64k€63k▼
Profit to be distributed694/7€70k€80k▲
Return on contributions (dividend)694€70k€80k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 2 days late
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €42k ▼35.6%
Net result drops to €42k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €100kEq €104k ▲16.8%
4 profitable years in a row build equity to €104k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
05-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 5 days late
2019
31-12
Financial
Highest result since 2018net €166k ▲22.1%
Net result €166k, the highest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mol · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Donk 452400 MolGround area
1,550 m²
Building footprint
306 m²
Volume, LiDAR
2,153 m³
Parcel 13432B0355/00B004, Flanders · tallest building 11.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rova Heating Technics
since 20162.259.293.712
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13432B0355/00B004 | Flanders | 1,550 m² | 1 · 306 m² | 11.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 1,294 EUR awarded · 1,198 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 573 EUR | 477 EUR |
| 2023 | 1 | 477 EUR | 477 EUR |
| 2022 | 1 | 244 EUR | 244 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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CHAUFFAGE POURTOIS
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 4,935 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-11-2016
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.