What does HEATREX do?

HEATREX is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 23 December 2015, 1 establishment.

What is the address of HEATREX?

The registered office of HEATREX is located at Sluisstraat 1, 8710 Wielsbeke.

Is HEATREX still active?

Yes. According to the CBE (30 October 2026) HEATREX is active, legal situation “Normale toestand”, started on 23 December 2015.

Is HEATREX registered on Peppol?

Yes, HEATREX is registered on the Peppol network with ID 0208:0644820861.

What is the enterprise number of HEATREX?

The enterprise number of HEATREX is BE0644820861.

When was HEATREX founded?

HEATREX was founded on 23 December 2015.

Who are the directors of HEATREX?

According to the 2025 annual accounts, the directors of HEATREX are: Giovanni Buysse.

Is HEATREX a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 December 2015; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did HEATREX make in 2025?

HEATREX posted a profit after taxes of € 233,860 in financial year 2025.

What is the revenue of HEATREX?

As a small company, HEATREX is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 471,876.

How many employees does HEATREX have?

According to the 2025 annual accounts, HEATREX has 0.9 full-time equivalents (FTE).

HEATREX (Private Limited) - Wielsbeke - BE0644820861

Dossier HEATREX, printed on 30 October 2026 from databakkes.be/en/0644820861/heatrex. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

HEATREX from Wielsbeke, company number BE0644820861, closed financial year 2025 with a result of € 233,860 after tax. For that financial year HEATREX recorded a gross margin of € 471,876 and equity of € 632,431. Compared with financial year 2024, the result moved from € 112,577 to € 233,860. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.

What it is worth Growing

€ 632,431

▲ 61% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 233,860

▲ 108% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 50,837

▲ 28% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 613,831.

People and assets in 2025

Full-time equivalents

0.9

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 50,432

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 190,100

▲ 153% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 9 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 376,383

▼ 9% vs 2024

€ 39,910 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 58,437

▲ 50% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 66,030

▼ 4% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 90,098 Gross margin 2022: € 90,098 First fiscal year in the series	€ 179,214 Gross margin 2023: € 179,214 ▲ 99% vs 2022 (€ 90,098) Favourable step	€ 238,795 Gross margin 2024: € 238,795 ▲ 33% vs 2023 (€ 179,214) Favourable step	€ 471,876 Gross margin 2025: € 471,876 ▲ 98% vs 2024 (€ 238,795) Favourable step	▲ 98%
Profit after taxes	€ 9,879 Profit after taxes 2022: € 9,879 First fiscal year in the series	€ 86,701 Profit after taxes 2023: € 86,701 ▲ € 76,822 vs 2022 (€ 9,879) Favourable step	€ 112,577 Profit after taxes 2024: € 112,577 ▲ 30% vs 2023 (€ 86,701) Favourable step	€ 233,860 Profit after taxes 2025: € 233,860 ▲ 108% vs 2024 (€ 112,577) Favourable step	▲ 108%
Equity	€ 243,093 Equity 2022: € 243,093 First fiscal year in the series	€ 329,794 Equity 2023: € 329,794 ▲ 36% vs 2022 (€ 243,093) Favourable step	€ 392,371 Equity 2024: € 392,371 ▲ 19% vs 2023 (€ 329,794) Favourable step	€ 632,431 Equity 2025: € 632,431 ▲ 61% vs 2024 (€ 392,371) Favourable step	▲ 61%
Total debts	€ 419,095 Total debts 2022: € 419,095 First fiscal year in the series	€ 443,831 Total debts 2023: € 443,831 ▲ 6% vs 2022 (€ 419,095) Unfavourable step	€ 595,594 Total debts 2024: € 595,594 ▲ 34% vs 2023 (€ 443,831) Unfavourable step	€ 504,361 Total debts 2025: € 504,361 ▼ 15% vs 2024 (€ 595,594) Favourable step	▼ 15%
Cash	€ 55,622 Cash 2022: € 55,622 First fiscal year in the series	€ 103,494 Cash 2023: € 103,494 ▲ 86% vs 2022 (€ 55,622) Favourable step	€ 39,596 Cash 2024: € 39,596 ▼ 62% vs 2023 (€ 103,494) Unfavourable step	€ 50,837 Cash 2025: € 50,837 ▲ 28% vs 2024 (€ 39,596) Favourable step	▲ 28%
Land & buildings	€ 530,050 Land & buildings 2022: € 530,050 First fiscal year in the series	€ 513,058 Land & buildings 2023: € 513,058 ▼ 3% vs 2022 (€ 530,050) Unchanged	€ 684,541 Land & buildings 2024: € 684,541 ▲ 33% vs 2023 (€ 513,058) Unchanged	€ 707,703 Land & buildings 2025: € 707,703 ▲ 3% vs 2024 (€ 684,541) Unchanged	▲ 3%
Retained profit	€ 230,693 Retained profit 2022: € 230,693 First fiscal year in the series	€ 317,394 Retained profit 2023: € 317,394 ▲ 38% vs 2022 (€ 230,693) Favourable step	€ 379,971 Retained profit 2024: € 379,971 ▲ 20% vs 2023 (€ 317,394) Favourable step	€ 613,831 Retained profit 2025: € 613,831 ▲ 62% vs 2024 (€ 379,971) Favourable step	▲ 62%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 50,000 Dividend 2024: € 50,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 50,000) Unchanged	▼ 100%
Bank debt	€ 375,511 Bank debt 2022: € 375,511 First fiscal year in the series	€ 346,114 Bank debt 2023: € 346,114 ▼ 8% vs 2022 (€ 375,511) Favourable step	€ 415,517 Bank debt 2024: € 415,517 ▲ 20% vs 2023 (€ 346,114) Unfavourable step	€ 376,383 Bank debt 2025: € 376,383 ▼ 9% vs 2024 (€ 415,517) Favourable step	▼ 9%
Balance sheet total	€ 662,187 Balance sheet total 2022: € 662,187 First fiscal year in the series	€ 773,625 Balance sheet total 2023: € 773,625 ▲ 17% vs 2022 (€ 662,187) Unchanged	€ 987,964 Balance sheet total 2024: € 987,964 ▲ 28% vs 2023 (€ 773,625) Unchanged	€ 1,136,792 Balance sheet total 2025: € 1,136,792 ▲ 15% vs 2024 (€ 987,964) Unchanged	▲ 15%
Employees (FTE)	-	0.2 Employees (FTE) 2023: 0.2 First fiscal year in the series	0 Employees (FTE) 2024: 0 ▼ 0.2 vs 2023 (0.2) Unchanged	0.9 Employees (FTE) 2025: 0.9 Unchanged (0) Unchanged

Key figures of HEATREX, 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 HEATREX?

What happened at HEATREX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 28, 2026 New annual accounts for financial year 2025: profit of € 233,860 (▲ 108% vs 2024). Source: NBB ↗
2023 Giovanni Buysse became a director. NBB
Dec 23, 2015 New establishment in Wielsbeke. KBO
Dec 23, 2015 Start of the company according to the CBE. KBO

In short

From € 9,879 profit in 2022 to € 233,860 profit in 2025.

Paid € 202,497 in corporate taxes since 2022.

Best year ever: 2025, with € 233,860 profit.

Paid out € 50,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Giovanni Buysse

HEATREX

Heatrex Installations 100%

Behind HEATREX is Giovanni Buysse. It owns 100% of Heatrex Installations itself.

Directors

According to the 2025 annual accounts

Giovanni Buysse

Director

Also active at: HEATREX INSTALLATIONS

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Sluisstraat 1

8710 Wielsbeke

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 →

HEATREX INSTALLATIONS same network

€ 269,313 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0644.820.861

VAT number

BE 0644.820.861

Registered office

Sluisstraat 1, 8710 Wielsbeke

Names & denominations

HEATREX

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

23 December 2015

Peppol

Active · Active since 29 Jul 2025

Activities · NACE

Activiteiten van holdings

Algemene elektrotechnische installatiewerken

Verspanend bewerken van metalen

Vervaardiging van overige producten van metaal, neg

Vervaardiging van metalen constructiewerken en delen daarvan

Elektrotechnische installatiewerken van nijverheidsinrichtingen

Reparatie en onderhoud van elektrische apparatuur

View on CBE Public ↗ Annual accounts (NBB) ↗

HEATREX

Financials

What happened to HEATREX?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions