ECOLOGIC HEATING
ActiveECOLOGIC HEATING has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70k and a net result of €7k. Equity is growing by ~40.8% per year across the filed fiscal years. Its solvency ranks better than 64% of 27450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-11
Solvency84▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 3.7 against 3.58 in 2024; short-term debt: 20% and cash: 45.7% of total assets), and 40.7% 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
59.3%
Return on assets
6.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
25 d late
2021
29 d late
2020
30 d late
2019
89 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€70k▲ 11.7%
2024 · €62k
2018: €8k
2019: €11k
2020: €9k
2021: €13k
2022: €29k
2023: €44k
2024: €62k
2018 → 2025
Total assets
€118k▼ 1.9%
2024 · €120k
2018: €10k
2019: €11k
2020: €12k
2021: €20k
2022: €46k
2023: €119k
2024: €120k
2018 → 2025
Net result
€7k▼ 59.9%
2024 · €18k
2018: €-2k
2019: €3k
2020: €-2k
2021: €4k
2022: €16k
2023: €15k
2024: €18k
2018 → 2025
Working capital
€64k▲ 15.3%
2024 · €55k
2018: €6k
2019: €9k
2020: €8k
2021: €12k
2022: €26k
2023: €34k
2024: €55k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€13k-€29k▲ 123%€44k▲ 52.2%€62k▲ 41.2%€70k▲ 11.7%
Operating result€4k-€23k▲ 430%€25k▲ 9.4%€29k▲ 15.0%€14k▼ 52.1%
Net result€4k-€16k▲ 306%€15k▼ 5.2%€18k▲ 20.1%€7k▼ 59.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 52% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €118k
Fixed assets
€31k▼ 29.8%
Current assets
€87k▲ 13.9%
Equity and liabilities €118k
Equity
€70k▲ 11.7%
Debt
€48k▼ 16.8%
The debt ratio falls from 47.9% to 40.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€27k▼
2024 · €43k
Cash flow
€20k▼
2024 · €32k
Solvency
59.3%▲
2024 · 52.1%
Current ratio
3.70▲
2024 · 3.58
Quick ratio
3.47▲
2024 · 3.33
Debt / equity
0.69▼
2024 · 0.92
ROE
10.5%▼
2024 · 29.2%
ROA
6.2%▼
2024 · 15.2%
Interest coverage
11.59▼
2024 · 13.40
Debt
€48k▼
2024 · €57k
Debt ≤ 1 year
€23k▲
2024 · €21k
Debt > 1 year
€24k▼
2024 · €36k
Income taxes
€4k▼
2024 · €8k
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€120k€118k▼
Fixed assets21/28€44k€31k▼
Tangible fixed assets22/27€44k€31k▼
Plant, machinery and equipment23€300-
Furniture and vehicles24€23-
Leasing and similar rights25€43k€31k▼
Current assets29/58€76k€87k▲
Stocks and contracts in progress3€5k€5k▲
Stocks30/36€5k€5k▲
Amounts receivable within one year40/41€26k€28k▲
Trade receivables40€26k€26k▼
Other amounts receivable41-€2k
Cash at bank and in hand54/58€45k€54k▲
Deferred charges and accrued income490/1€148€133▼
Equity and liabilities
Total equity and liabilities10/49€120k€118k▼
Equity10/15€62k€70k▲
Contributions10/11€12k€12k=
Reserves13€31k€39k▲
Distributable reserves133€31k€39k▲
Profit (loss) carried forward14€19k€19k▲
Amounts payable17/49€57k€48k▼
Amounts payable after more than one year17€36k€24k▼
Financial debts170/4€36k€24k▼
Amounts payable within one year42/48€21k€23k▲
Current portion of amounts payable after more than one year42€10k€11k▲
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Taxes, remuneration and social security45€8k€7k▼
Taxes450/3€8k€7k▼
Remuneration and social security454/9-€107
Other amounts payable47/48€115€915▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€13k▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€46k€29k▼
Operating profit (loss)9901€29k€14k▼
Financial income75/76B€121€1▼
Recurring financial income75€121€1▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€26k€12k▼
Income taxes67/77€8k€4k▼
Profit (loss) for the period9904€18k€7k▼
Profit (loss) for the period to be appropriated9905€18k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€26k▼
Profit (loss) brought forward from the previous period14P€16k€19k▲
Transfer to equity691/2€15k€7k▼
To other reserves6921€15k€7k▼
The notes to these accounts (5 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €18k ▲20.1%
Operating result €29k, net result €18k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-12
Financial
Liquidity times 9current ratio 40.97
Current ratio from 4.50 to 40.97; short-term debt falls from €2k to €223.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Dilsen-Stokkem · 1 establishment unit since 2012
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.
Geverslaan 103650 Dilsen-StokkemGround area
5,647 m²
Building footprint
161 m²
Volume, LiDAR
1,218 m³
Parcel 73043A0344/00M000, Flanders · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ECOLOGIC HEATING
since 20122.209.439.472
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73043A0344/00M000 | Flanders | 5,646 m² | 1 · 161 m² | 10.2 m · 3 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.
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Of 9,524 companies in sector 43222 we hold annual accounts for 5,657. 4,771 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-05-2012
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.