Age5 yrs
Real estate1 parcel · 782 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of Heat-it is 2.1% (moderate). The 2024 annual accounts show equity of €248k and a net result of €27k. Equity is growing by ~27.2% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 3 annual accounts.
Filing behaviour
From the deposit records, complete market-wideLatest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-05-2026, 63 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
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.
How we compute the deadline
The year end is derived from 5 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | 29-05-2026 | 63 d early | 2026-00126445 |
| 31-12-2024 | 31-07-2025 | 27-06-2025 | 34 d early | 2025-00190925 |
| 31-12-2023 | 31-07-2024 | 25-07-2024 | 6 d early | 2024-00285328 |
| 31-12-2022 | 31-07-2023 | 27-06-2023 | 34 d early | 2023-00163164 |
| 31-12-2021 | 31-07-2022 | 25-06-2022 | 36 d early | 2022-20091890 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone2.1%
Moderate
0%0,5%1,5%4%10%≥25%
Young company
+Higher-failure-rate sector
+Annual accounts: healthy financial profile
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€27k-75.1%
Working capital€242k+2.7%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 29-05-2026 with the NBB · fiscal year 2025 · micro
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~27.2%/year over 3 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
€37k
-75.2%
21-24
€27k
-75.1%
21-24
€29k
-75.2%
21-24
€252k
-12.7%
21-24
€248k
+12.3%
21-24
€242k
+2.7%
21-24
€201
-
21-24
€7k
-76.3%
21-24
Show 10 other metrics
€4k
-94.2%
21-24
€4k
-92.4%
21-24
€0
-100.0%
21-24
62.32
+1027.2%
21-24
61.05
+1019.8%
21-24
98.4%
+28.6%
21-24
0.02
-94.8%
21-24
11.0%
-77.8%
21-24
10.8%
-71.5%
21-24
77.41
-75.0%
21-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €37k |
| Net profit | €27k |
| Cash flow | €29k |
| Staff costs | €201 |
| Income taxes | €7k |
| Dividends | - |
| Total assets | €252k |
| Equity | €248k |
| Debt | €4k |
| of which ≤ 1y | €4k |
| of which > 1y | €0 |
| Working capital | €242k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 62.32 |
| Quick ratio | 61.05 |
| Working capital ratio | 95.8% |
| Solvency | 98.4% |
| Debt / equity | 0.02 |
| Long-term debt ratio | 0.00 |
| Interest coverage | 77.41 |
| Gross margin | - |
| Net margin | - |
| ROA | 10.8% |
| ROE | 11.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €252k |
| Fixed assets | 21/28 | €7k |
| Tangible fixed assets | 22/27 | €7k |
| Current assets | 29/58 | €245k |
| Stocks & contracts in progress | 3 | €5k |
| Amounts receivable within one year | 40/41 | €56k |
| Cash & bank | 54/58 | €183k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €252k |
| Equity | 10/15 | €248k |
| Contributions / capital | 10/11 | €20k |
| Reserves | 13 | €228k |
| Amounts payable | 17/49 | €4k |
| Amounts payable after one year | 17 | €0 |
| Amounts payable within one year | 42/48 | €4k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Gross operating margin | 9900 | €44k |
| Operating result | 9901 | €35k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €477 |
| Result before taxes | 9903 | €34k |
| Income taxes | 67/77 | €7k |
| Net result for the period | 9904 | €27k |
| Result to be appropriated | 9905 | €27k |
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed93
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationHeat-it
since 20202.308.557.240
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area782 m²
Buildings1
Building footprint137 m²
Volume (LiDAR)898 m³
Tallest building7.8 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12037B0422/00B002 | Flanders | 782 m² | 1 · 136 m² | 7.8 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
1 acts Address history · 1
06-07-2022
Registered-office move
All acts · 1
updated 4 years ago
2022
06-07-2022 Registered office moved from Sint-Katelijne-Waver to Mechelen
- Lange Zandstraat 32, 2860 Sint-Katelijne-Waver → Lange Zandstraat 57, 2800 Mechelen (Walem)
Analysis
Financial profile
5 of 5 axes measured79
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
93
Profitability
55
Solvency
100
Growth
52
Stability
94
Credit advice
verdict per customer and amountSimilar
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We hold annual accounts for 3,244 of the 22,778 companies in this sector. 2,121 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Bouw van andere civieltechnische werken, n.e.g.42990Bouw van andere civieltechnische werken, neg42990Elektrotechnische installatiewerken, uitgezonderd aan gebouwen43212Elektrotechnische installatiewerken van nijverheidsinrichtingen43212Loodgieterswerk43221Sanitaire werkzaamheden43221Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222Installatie van isolatie43230Overige bouwinstallatie43240Isolatiewerkzaamheden43291Overige bouwinstallatie, n.e.g.43299Plaatsen van vloer- en wandtegels43331Plaatsen van vloer- en wandtegels43331Overige werkzaamheden in verband met de afwerking van gebouwen43350Overige werkzaamheden in verband met de afwerking van gebouwen43390Metselwerk43910Uitvoeren van metsel- en voegwerken43994Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220
Primary activity highlighted.
Names & trade names
| Legal nameNL | Heat-it |
Registered office
Lange Zandstraat(WAL) 57
2800 Mechelen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.