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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TotalEnergies Heating Belgium from Liège, company number BE0567891745, closed financial year 2025 with a result of € -15,291 after tax. For that financial year TotalEnergies Heating Belgium recorded revenue of € 407,978 and equity of € -1.4 million. Compared with financial year 2024, the result moved from € 589,145 to € -15,291. 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 June 11, 2026.
€ -1.4 million
▼ € 15,291 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,291
▼ still € 589,145 profit in 2024
Profit after tax over the fiscal year.
€ 81,388
▲ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.5 million.
People and assets in 2025
€ 431
▼ 20% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 33,706
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 38 days on average.
€ 7,650
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,585,034 | € 937,329 | € 1,348,529 | € 407,978 | ▼ 70% |
| Profit after taxes | € -331,857 | € -179,861 | € 589,145 | € -15,291 | ▼ € 604,437 |
| Equity | € -1,832,490 | € -2,012,351 | € -1,423,206 | € -1,438,497 | ▼ € 15,291 |
| Total debts | € 3,548,543 | € 3,922,686 | € 1,510,130 | € 1,532,381 | ▲ 1% |
| Cash | € 148,277 | € 213,285 | € 48,098 | € 81,388 | ▲ 69% |
| Retained profit | € -1,902,490 | € -2,082,351 | € -1,493,206 | € -1,508,497 | ▼ € 15,291 |
| Balance sheet total | € 1,716,053 | € 1,910,335 | € 86,923 | € 93,884 | ▲ 8% |
Key figures of TotalEnergies Heating Belgium, 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 TotalEnergies Heating Belgium?
What happened at TotalEnergies Heating Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Michel GRANDJEAN stepped down as director. NBB
- Olivier GREINER stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 15,291 (▼ € 604,437 vs 2024). Source: NBB ↗
- José-Ignacio SANZ stepped down as director. NBB
- Olivier GREINER became a director. NBB
- Michel GRANDJEAN became a director. NBB
- José-Ignacio SANZ became a director. NBB
- New establishment in Liège. KBO
In short
From € 331,857 loss in 2022 to € 15,291 loss in 2025.
Paid € 418,458 in corporate taxes since 2022.
Best year ever: 2024, with € 589,145 profit.
Pays suppliers within 38 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
Management
The stake of TotalEnergies Power & Gas Belgium comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TotalEnergies Heating BelgiumThe shares are held by TotalEnergies Power & Gas Belgium (100%).
Directors
According to the 2025 annual accounts
since 2023 · until 2025
Michel GRANDJEAN
Director
Also active at: OAKFIN, TotalEnergies Renewables Belgium, TotalEnergies Renewables DG Belgium AssetCo 1, LAMPIRIS-ISOL, LAMPIRIS COOP, LAMPIRIS WIND, MANEX, RENO.ENERGY VLAANDEREN
since 2024 · until 2030
Olivier GREINER
Director
Also active at: LAMPIRIS-ISOL, TotalEnergies Power & Gas Belgium, LAMPIRIS WIND, MANEX
since 2025 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Saint-Laurent 54
4000 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →BUREAU D'ETUDES COLON
TotalEnergies Gas & Power Western Europe
€ 324.2 million revenue · 2025
TotalEnergies Integrated Power ESS Belgium
€ 4.6 million revenue · 2025
LAMPIRIS-BV SQUARE
LAMPIRIS-ISOL same network
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0567.891.745
- VAT number
- BE 0567.891.745
- Registered office
- Rue Saint-Laurent 54, 4000 Liège
- Names & denominations
- TotalEnergies Heating Belgium · THB
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 November 2014
- Peppol
- Active · Active since 1 Jan 2001
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