Active BE 0771.593.329Private limited company

V.E.S HEATING

· 4 yrs active

Sector: Specialised construction (43222)

Conclusion Checked

The file of V.E.S HEATING contains 1 historical bankruptcy publication, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 4.4% (elevated). The 2022 annual accounts show equity of €32k and a net result of €2k. Its solvency ranks better than 29% of 6347 sector peers (fiscal year 2022).

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€32k
Net result	€2k
Better than sector	29%
Active	4 yrs

Snowflake analysis 5 axes · computed by Checked

45 / 100

Mixed profile: strong on stability, weaker on profitability.

Health 58

Profitability 23

Solvency 29

Growth 50

Stability 64

Bankruptcy probability (12 mo) Checked model v1 · free

4.4% Elevated

0%0,5%1,5%4%10%≥25%

Young company +Annual accounts: weaker financial profile +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

20 / 100

Moderate risk

Components

· 1 historical bankruptcy publication (+20)

Trust signals 1 signals

Prior bankruptcy

Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2022 · computed

58 / 100 Fair

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview1 NBB filings

Annual accounts filed on 24-10-2023 with the NBB · fiscal year 2022 · micro

Sector comparison

Fiscal year 2022 · NACE 43, Specialised construction · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	20.4%	36.4%	better than 29% of 6347 sector peers
Net result	€2k	€13k	better than 23% of 6333 sector peers
Equity	€32k	€26k	better than 56% of 6351 sector peers
Gross operating margin	€36k	€32k	better than 53% of 6328 sector peers
Staff costs	€23k	€25k	higher than 48% of 2397 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2022
Revenue	€454k
EBITDA	€12k
Net profit	€2k
Cash flow	€5k
Staff costs	€23k
Income taxes	-
Dividends	-
Total assets	€156k
Equity	€32k
Debt	€124k
of which ≤ 1y	€124k
of which > 1y	-
Working capital	€16k
Employees (FTE)	-

Ratios (computed)

	2022
Current ratio	1.13
Quick ratio	0.79
Working capital ratio	10.2%
Solvency	20.4%
Debt / equity	3.90
Long-term debt ratio	-
Interest coverage	5.66
Gross margin	7.9%
Net margin	0.4%
ROA	1.2%
ROE	5.8%
EBITDA margin	2.7%
Days sales outstanding	73d
Days payable outstanding	78d
Inventory turnover	9.89
Days inventory (DSI)	37d

Balance-sheet composition 2022

Assets

Fixed assets €16k · 10.2% Current assets €140k · 89.8%

Equity & liabilities

Equity €32k · 20.4% Debt €124k · 79.6%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€156k
Fixed assets	21/28	€16k
Tangible fixed assets	22/27	€16k
Current assets	29/58	€140k
Stocks & contracts in progress	3	€42k
Amounts receivable within one year	40/41	€93k
Cash & bank	54/58	€5k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€156k
Equity	10/15	€32k
Contributions / capital	10/11	€30k
Reserves	13	€2k
Amounts payable	17/49	€124k
Amounts payable within one year	42/48	€124k
Trade debts payable within one year	44	€90k
Income statement
Turnover	70	€454k
Gross operating margin	9900	€36k
Operating result	9901	€10k
Financial income	75	€40
Financial charges	65	€2k
Result before taxes	9903	€2k
Net result for the period	9904	€2k
Result to be appropriated	9905	€2k

Ratios computed by Checked.

Legal Structure

NACE primary	Specialised construction(43222)
Legal form	Private limited company(610)
Incorporation	20-07-2021
Status	Active
Postal code	-
First BS signal	14-05-2025
Latest BS signal	14-05-2025

Establishment units 1 location

V.E.S. HEATING

Kerkplein 22, 1601 Sint-Pieters-LeeuwReparatie en onderhoud van verwarmingsinstallaties

since 20212.319.733.323

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23069A0395/00A002	Flanders	1,540 m²	1 · 6,251 m²	14.4 m · 2 fl.
23069A0295/00H002	Flanders	265 m²	1 · 230 m²	9.7 m · 1 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 4 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

14-05-2025

Bankruptcy Bankruptcy closure (insufficient assets)

Ondernemingsrechtbank Brussel · V.E.S HEATING BV BEEMDSTRAAT 27, 1601. SINT-PIETERS-LEEUW · event 29-04-2025

2023

08-12-2023

State Gazette act Director changes

24-10-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

2022

28-03-2022

State Gazette act Capital & shares

Lifecycle & Insolvency Signals 1 events

14-05-2025

Bankruptcy Bankruptcy closure (insufficient assets)

Date: 29-04-2025 · Ondernemingsrechtbank Brussel · V.E.S HEATING BV BEEMDSTRAAT 27, 1601. SINT-PIETERS-LEEUW · Publications in State Gazette ↗

Time machine, BS events + macro context 2021, 2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023-2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgisch Staatsblad, acts 2 acts

Capital history · 1

28-03-2022

Capital change

All acts · 2 updated 2 years ago

2023

08-12-2023 1 director appointed, 2 resigning Director changes

Nicolas RENIER, Bestuurder
Youssef BOUKYOUE, Bestuurder
Samir FRAIHI, Bestuurder

Original publication ↗

Technical details

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2022

28-03-2022 Transaction in capital or shares Capital & shares

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Company registry (CBE) Crossroads Bank

Activities

Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222Loodgieterswerk43221Sanitaire werkzaamheden43221

Primary activity highlighted.

Names & trade names

Legal nameNL

V.E.S HEATING

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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