Financials
Financial year 2025
EURO HEAT PIPES from Nivelles, company number BE0474521723, closed financial year 2025 with a result of € 457,288 after tax. For that financial year EURO HEAT PIPES recorded revenue of € 4.7 million and equity of € 962,421. Compared with financial year 2024, the result moved from € 127,932 to € 457,288. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 22, 2026.
€ 962,421
▲ 72% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 457,288
▲ 257% vs 2024
Profit after tax over the fiscal year.
€ 1.5 million
▲ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 120,621.
People and assets in 2025
89.5
▲ 3.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 7.9 million
▲ 12% vs 2024
€ 88,000 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.
€ 402,624
▼ 30% vs 2024
Of which on lease € 355,547.
Debts at end 2025
€ 7.6 million
▼ 1% vs 2024
€ 521,050 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 2.3 million
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 140 days on average.
€ 1.2 million
▼ 50% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,490,259 | € 10,549,223 | € 8,947,671 | € 4,668,707 | ▼ 48% |
| Profit after taxes | € -455,615 | € -93,062 | € 127,932 | € 457,288 | ▲ 257% |
| Equity | € 632,342 | € 485,200 | € 559,132 | € 962,421 | ▲ 72% |
| Total debts | € 11,617,670 | € 12,684,441 | € 16,163,069 | € 17,073,166 | ▲ 6% |
| Cash | € 614,539 | € 312,968 | € 1,461,717 | € 1,538,985 | ▲ 5% |
| Land & buildings | € 856,670 | € 801,108 | € 925,484 | € 897,399 | ▼ 3% |
| Retained profit | € -371,458 | € -464,600 | € -336,668 | € 120,621 | ▲ € 457,289 |
| Bank debt | € 6,344,489 | € 6,197,103 | € 7,635,634 | € 7,591,050 | ▼ 1% |
| Balance sheet total | € 12,250,012 | € 13,169,641 | € 16,886,201 | € 18,531,587 | ▲ 10% |
| Employees (FTE) | 91 | 90.8 | 86 | 89.5 | ▲ 3.5 |
Key figures of EURO HEAT PIPES, 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 EURO HEAT PIPES?
What happened at EURO HEAT PIPES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 457,288 (▲ 257% vs 2024). Source: NBB ↗
- New establishment in Nivelles. KBO
- New establishment in Nivelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 455,615 loss in 2022 to € 457,288 profit in 2025.
Paid € 125,676 in corporate taxes since 2022.
Best year ever: 2025, with € 457,288 profit.
Pays suppliers within 140 days on average.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Establishments
Establishment units
Physical locations of this company
Rue de la Science 9
1400 Nivelles
Rue de l'Industrie 24
1400 Nivelles
Active since 14 June 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
DNS
OVH DNS
Domain
Domain
ehp.be
Registered
2001-06-11
Website info
Features
Security
Network
Details
- Company number
- 0474.521.723
- VAT number
- BE 0474.521.723
- Registered office
- Rue de la Science 9, 1400 Nivelles
- Names & denominations
- EURO HEAT PIPES · EHP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 April 2001
- Peppol
- Active · Active since 24 Dec 2025
- Contact
- ehp.be
- Activities · NACE
Vervaardiging van lucht- en ruimtevaartuigen
Vervaardiging van civiele lucht- en ruimtevaartuigen en van toestellen in verband daarmee
Vervaardiging van meet-, controle- en navigatie-instrumenten en -apparatuur
Vervaardiging van niet-elektrische meet-, regel- en controleapparatuur en van niet-elektrische navigatieapparatuur
Vervaardiging van lucht- en ruimtevaartuigen en van toestellen in verband daarmee