Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Apply Heating from Aalst, company number BE0795216985, closed financial year 2025 with a result of € 297,788 after tax. For that financial year Apply Heating recorded a gross margin of € 1.2 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 271,352 to € 297,788. 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 August 12, 2026.
€ 1.1 million
▲ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 297,788
▲ 10% vs 2024
Profit after tax over the fiscal year.
€ 19,483
▼ 66% 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 € 1.1 million.
People and assets in 2025
11
▲ 7.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 668,086
▲ 170% vs 2024
€ 60,700 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.
€ 32,013
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 788,844
▲ 105% vs 2024
€ 134,789 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 190,677
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,364
▼ 82% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 636,486 | € 725,301 | € 1,153,497 | ▲ 59% |
| Profit after taxes | € 348,640 | € 271,352 | € 297,788 | ▲ 10% |
| Equity | € 537,892 | € 809,244 | € 1,107,032 | ▲ 37% |
| Total debts | € 1,341,741 | € 1,024,092 | € 1,241,102 | ▲ 21% |
| Cash | € 194,168 | € 56,534 | € 19,483 | ▼ 66% |
| Retained profit | € 537,892 | € 809,244 | € 1,107,032 | ▲ 37% |
| Bank debt | € 562,092 | € 385,440 | € 788,844 | ▲ 105% |
| Balance sheet total | € 1,879,633 | € 1,833,336 | € 2,348,134 | ▲ 28% |
| Employees (FTE) | 2.3 | 3.8 | 11 | ▲ 7.2 |
Key figures of Apply Heating, fiscal years 2023 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 Apply Heating?
What happened at Apply Heating in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 297,788 (▲ 10% vs 2024). filed late Source: NBB ↗
- New establishment in Aartselaar. KBO
- Start of the company according to the CBE. KBO
In short
From € 348,640 profit in 2023 to € 297,788 profit in 2025.
Paid € 310,384 in corporate taxes since 2023.
Best year ever: 2023, with € 348,640 profit.
On average € 104,900 of value added per employee in 2025.
A new publication or filing at Apply Heating? We notify you, reason included.
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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
Behind Apply Heating are Ostia Management BV and ME Consulting BV. The same people are also behind Apply Immo.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Moorselbaan 316
9300 Aalst
John F. Kennedylaan 26
2630 Aartselaar
Active since 1 January 2023
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
Domain
Domain
applyheating.eu
Registrar
Combell NV
Website info
Features
Security
Details
- Company number
- 0795.216.985
- VAT number
- BE 0795.216.985
- Registered office
- Moorselbaan 316, 9300 Aalst
- Names & denominations
- Apply Heating
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2022
- Peppol
- Active · Active since 24 Nov 2023
- Contact
- applyheating.eu
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Installatie van isolatie
Sanitaire werkzaamheden
Isolatiewerkzaamheden