TecHeat
ActiveSummary
TecHeat has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €72k and a net result of €22k. Equity is growing by ~29.9% per year across the filed fiscal years. Its solvency ranks better than 57% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+14
Solvency89▲+12
Growth52=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 3.57 against 3.21 in 2024; short-term debt: 19.9% and cash: 4% of total assets), and 36.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
63.5%
Return on assets
19.5%
Age of the figures
9 mo
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 03-03-2026, 150 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
150 d early
2024
139 d early
2023
86 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€72k▲ 44.2%
2024 · €50k
2023: €42k
2024: €50k
2023 → 2025
Total assets
€113k▲ 18.7%
2024 · €95k
2023: €109k
2024: €95k
2023 → 2025
Net result
€22k▲ 182%
2024 · €8k
2023: €38k
2024: €8k
2023 → 2025
Working capital
€58k▲ 47.7%
2024 · €39k
2023: €30k
2024: €39k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€42k-€50k▲ 18.6%€72k▲ 44.2%
Operating result€53k-€13k▼ 75.4%€32k▲ 145%
Net result€38k-€8k▼ 79.4%€22k▲ 182%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 145% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €113k
Fixed assets
€33k ▼ 14.6%
Current assets
€80k ▲ 41.3%
Equity and liabilities €113k
Equity
€72k ▲ 44.2%
Debt
€41k ▼ 9.3%
Debt's share of the balance-sheet total falls from 47.7% to 36.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€44k▲
2024 · €24k
Cash flow
€34k▲
2024 · €19k
Current ratio
3.57▲
2024 · 3.21
Debt to equity
0.57▼
2024 · 0.91
ROE
30.7%▲
2024 · 15.7%
ROA
19.5%▲
2024 · 8.2%
Interest coverage
34.84▲
2024 · 14.29
Debt ≤ 1 year
€22k▲
2024 · €18k
Debt > 1 year
€17k▼
2024 · €26k
Income taxes
€9k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€95k€113k▲
Fixed assets21/28€38k€33k▼
Tangible fixed assets22/27€38k€33k▼
Furniture and vehicles24€38k€33k▼
Current assets29/58€57k€80k▲
Amounts receivable within one year40/41€40k€41k▲
Trade receivables40€10k€9k▼
Other amounts receivable41€30k€33k▲
Current investments50/53€12k€34k▲
Cash at bank and in hand54/58€3k€5k▲
Deferred charges and accrued income490/1€884€201▼
Equity and liabilities
Total equity and liabilities10/49€95k€113k▲
Equity10/15€50k€72k▲
Contributions10/11€4k€4k=
Reserves13€46k€68k▲
Distributable reserves133€46k€68k▲
Profit (loss) carried forward14€52€144▲
Amounts payable17/49€45k€41k▼
Amounts payable after more than one year17€26k€17k▼
Financial debts170/4€26k€17k▼
Amounts payable within one year42/48€18k€22k▲
Current portion of amounts payable after more than one year42€9k€9k▲
Trade debts44€275€116▼
Suppliers440/4€275€116▼
Taxes, remuneration and social security45€8k€13k▲
Taxes450/3€8k€13k▲
Other amounts payable47/48€374€405▲
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€12k▲
Other operating charges640/8€1k€582▼
Gross operating margin9900€25k€44k▲
Operating profit (loss)9901€13k€32k▲
Financial income75/76B€2-
Recurring financial income75€2-
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€11k€31k▲
Income taxes67/77€4k€9k▲
Profit (loss) for the period9904€8k€22k▲
Profit (loss) for the period to be appropriated9905€8k€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€22k▲
Profit (loss) brought forward from the previous period14P€46€52▲
Transfer to equity691/2€8k€22k▲
To other reserves6921€8k€22k▲
The notes to these accounts (8 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
03-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €8k ▼79.4%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
06-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Welkenraedt · 1 establishment unit since 2022
Ground area
494 m²
Building footprint
84 m²
Parcel 63084A0063/00B002, Wallonia. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Tec Heat
since 20222.336.595.980
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63084A0063/00B002 | Wallonia | 494 m² | 1 · 83 m² | - |
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.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 39,770 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-10-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.