Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 7.4 to 4.6.
Financials
Financial year 2025
HEAT SWITCH from Melle, company number BE0826717439, closed financial year 2025 with a result of € -121,472 after tax. For that financial year HEAT SWITCH recorded a gross margin of € 224,781 and equity of € 207,559. Compared with financial year 2024, the result moved from € 80,620 to € -121,472. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 207,559
▼ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -121,472
▼ still € 80,620 profit in 2024
Profit after tax over the fiscal year.
€ 190,028
▲ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 189,009.
People and assets in 2025
4.6
▼ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 308,406
▼ 18% vs 2024
€ 67,000 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.
€ 67,393
▼ 5% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 90,963
▲ 33% vs 2024
€ 30,623 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 211,239
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,850
▲ 44% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 462,696 | € 497,360 | € 508,552 | € 224,781 | ▼ 56% |
| Profit after taxes | € -54,904 | € 6,375 | € 80,620 | € -121,472 | ▼ € 202,091 |
| Equity | € 242,035 | € 248,411 | € 329,030 | € 207,559 | ▼ 37% |
| Total debts | € 479,126 | € 591,653 | € 291,878 | € 356,765 | ▲ 22% |
| Cash | € 39,994 | € 87,027 | € 112,459 | € 190,028 | ▲ 69% |
| Retained profit | € 223,485 | € 229,861 | € 310,480 | € 189,009 | ▼ 39% |
| Bank debt | € 43,224 | € 53,455 | € 68,309 | € 90,963 | ▲ 33% |
| Balance sheet total | € 721,161 | € 840,063 | € 620,908 | € 564,323 | ▼ 9% |
| Employees (FTE) | 5.3 | 7.4 | 6.3 | 4.6 | ▼ 1.7 |
Key figures of HEAT SWITCH, 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 HEAT SWITCH?
What happened at HEAT SWITCH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 121,472 (▼ € 202,091 vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Hooglede. KBO
In short
From € 54,904 loss in 2022 to € 121,472 loss in 2025.
Paid € 19,753 in corporate taxes since 2022.
Best year ever: 2024, with € 80,620 profit.
On average € 48,900 of value added per employee in 2025.
Management
The stake of ECO HEATING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HEAT SWITCHBehind HEAT SWITCH is Eco Heating BV. The shares are held by ECO HEATING (100%).
Directors
According to the 2025 annual accounts
Director · represented by Danny De Sutter
Also active at: SANI HEATING, Meekit, THERMODRILL
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 58-60
9090 Melle
Bruggesteenweg 263 box 4
8830 Hooglede
Active since 14 June 2010
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →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
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Website info
Features
Security
Network
Details
- Company number
- 0826.717.439
- VAT number
- BE 0826.717.439
- Registered office
- Brusselsesteenweg 58-60, 9090 Melle
- Names & denominations
- HEAT SWITCH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 June 2010
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- ecoheating.be
- Activities · NACE
Algemene elektrotechnische installatiewerken
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