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 3 of the last 3 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FHS Belgium from Tubize, company number BE0797957137, closed financial year 2025 with a result of € 23,512 after tax. For that financial year FHS Belgium recorded a gross margin of € 125,178 and equity of € -72,427. Compared with financial year 2024, the result moved from € 54,668 to € 23,512. The company is profitable. 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 2, 2026.
€ -72,427
▲ € 23,512 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,512
▼ 57% vs 2024
Profit after tax over the fiscal year.
€ 23,173
▲ 105% 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 € -92,427.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 80,971
▼ 33% 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.
€ 29,094
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 85,667
▼ 15% vs 2024
€ 31,860 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 42,868
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,896
▲ € 23,102 vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 104,473 | € 203,259 | € 125,178 | ▼ 38% |
| Profit after taxes | € -170,607 | € 54,668 | € 23,512 | ▼ 57% |
| Equity | € -150,607 | € -95,939 | € -72,427 | ▲ € 23,512 |
| Total debts | € 279,990 | € 186,125 | € 158,658 | ▼ 15% |
| Cash | - | € 11,331 | € 23,173 | ▲ 105% |
| Retained profit | € -170,607 | € -115,939 | € -92,427 | ▲ € 23,512 |
| Bank debt | € 162,391 | € 100,797 | € 85,667 | ▼ 15% |
| Balance sheet total | € 129,383 | € 90,185 | € 86,231 | ▼ 4% |
Key figures of FHS Belgium, 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 FHS Belgium?
What happened at FHS Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,512 (▼ 57% vs 2024). Source: NBB ↗
- New establishment in Tubize. KBO
- Michaël Pierre GILIS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 170,607 loss in 2023 to € 23,512 profit in 2025.
Paid € 465 in corporate taxes since 2023.
Best year ever: 2024, with € 54,668 profit.
A new publication or filing at FHS Belgium? 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 FHS Belgium is Michaël Pierre GILIS. Michaël Pierre GILIS is also behind BE GENIUS.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Avenue Ernest Solvay 90
1480 Tubize
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →STAR-DUST ARCADE
€ -629 gross margin · 2022
DOSIMMO
€ 821,137 gross margin · 2024
AZIMUTH
€ 0 gross margin · 2024
U.T.S.
€ 4.5 million revenue · 2025
BE GENIUS same network
€ 44,418 gross margin · 2025
+1 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
- 0797.957.137
- VAT number
- BE 0797.957.137
- Registered office
- Avenue Ernest Solvay 90, 1480 Tubize
- Names & denominations
- FHS Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 February 2023
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit