Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ERRO HEATING from Oudsbergen, company number BE0438495626, closed financial year 2025 with a result of € -2.5 million after tax. For that financial year ERRO HEATING recorded a gross margin of € -578,350 and equity of € -718,627. Compared with financial year 2024, the result moved from € 13,176 to € -2.5 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ -718,627
▼ € 2.5 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.5 million
▼ still € 13,176 profit in 2024
Profit after tax over the fiscal year.
€ 42,123
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2 million.
People and assets in 2025
27.2
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▲ 7% vs 2024
€ 62,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 121,857
▼ 16% vs 2024
Of which on lease € 17,223.
Debts at end 2025
€ 2.7 million
▲ 1% vs 2024
€ 126,555 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 3 million
▲ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 170,658
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,808,282 | € 1,813,267 | € 1,868,931 | € -578,350 | ▼ € 2.4 million |
| Profit after taxes | € 104,935 | € -2,350 | € 13,176 | € -2,518,407 | ▼ € 2.5 million |
| Equity | € 1,788,955 | € 1,786,605 | € 1,799,780 | € -718,627 | ▼ € 2.5 million |
| Total debts | € 4,454,915 | € 4,432,023 | € 4,431,461 | € 6,403,198 | ▲ 44% |
| Cash | € 286,457 | € 81,620 | € 208,138 | € 42,123 | ▼ 80% |
| Retained profit | € 488,955 | € 486,605 | € 499,780 | € -2,018,627 | ▼ € 2.5 million |
| Bank debt | € 2,947,164 | € 2,828,357 | € 2,688,469 | € 2,720,330 | ▲ 1% |
| Balance sheet total | € 6,243,870 | € 6,218,628 | € 6,231,241 | € 5,684,571 | ▼ 9% |
| Employees (FTE) | 27.5 | 27.5 | 26.6 | 27.2 | ▲ 0.6 |
Key figures of ERRO HEATING, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ERRO HEATING?
What happened at ERRO HEATING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2.5 million (▼ € 2.5 million vs 2024). Source: NBB ↗
- R & S SERVICE BV became a director. NBB
- New establishment in Oudsbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 104,935 profit in 2022 to € 2.5 million loss in 2025.
Paid € 109,340 in corporate taxes since 2022.
Best year ever: 2022, with € 104,935 profit.
On average € 70,300 of value added per employee in 2024.
Management
The stake of VERWARMING SANITAIR CENTER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ERRO HEATINGBehind ERRO HEATING is R & S SERVICE BV. The shares are held by VERWARMING SANITAIR CENTER (56.8%).
Directors
According to the 2025 annual accounts
since 2022
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrieweg-Noord 1106
3660 Oudsbergen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0438.495.626
- VAT number
- BE 0438.495.626
- Registered office
- Industrieweg-Noord 1106, 3660 Oudsbergen
- Names & denominations
- ERRO HEATING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 September 1989
- Peppol
- Active · Active since 28 Oct 2025
- Contact
- erroheating.be
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Installatie van verwarming, klimaatregeling en ventilatie
Sanitaire werkzaamheden