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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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ASSOCIATION OF THE EUROPEAN HEATING INDUSTRY from Elsene, company number BE0869856507, closed financial year 2025 with a result of € -99,457 after tax. For that financial year ASSOCIATION OF THE EUROPEAN HEATING INDUSTRY recorded a gross margin of € 1.1 million and equity of € 985,727. Compared with financial year 2024, the result moved from € 50,554 to € -99,457. 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 2, 2026.
€ 985,727
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -99,457
▼ still € 50,554 profit in 2024
Profit after tax over the fiscal year.
€ 1.1 million
▼ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
10.4
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 9% vs 2024
€ 117,900 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.
€ 33,826
▲ € 30,328 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 124,211
▲ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 118,964
▼ 22% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 760,074 | € 1,211,535 | € 1,178,211 | € 1,132,372 | ▼ 4% |
| Profit after taxes | € -85,368 | € 177,729 | € 50,554 | € -99,457 | ▼ € 150,011 |
| Equity | € 856,902 | € 1,034,630 | € 1,085,184 | € 985,727 | ▼ 9% |
| Total debts | € 211,513 | € 403,976 | € 340,422 | € 337,999 | ▼ 1% |
| Cash | € 1,014,369 | € 1,255,358 | € 1,250,295 | € 1,081,258 | ▼ 14% |
| Retained profit | € 611,561 | € 789,290 | € 839,844 | € 740,387 | ▼ 12% |
| Balance sheet total | € 1,068,414 | € 1,438,606 | € 1,425,606 | € 1,323,726 | ▼ 7% |
| Employees (FTE) | 7.5 | 9.1 | 10.1 | 10.4 | ▲ 0.3 |
Key figures of ASSOCIATION OF THE EUROPEAN HEATING INDUSTRY, 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 ASSOCIATION OF THE EUROPEAN HEATING INDUSTRY?
What happened at ASSOCIATION OF THE EUROPEAN HEATING INDUSTRY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 99,457 (▼ € 150,011 vs 2024). Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 85,368 loss in 2022 to € 99,457 loss in 2025.
Paid € 7,478 in corporate taxes since 2022.
Best year ever: 2023, with € 177,729 profit.
On average € 108,900 of value added per employee in 2025.
A new publication or filing at ASSOCIATION OF THE EUROPEAN HEATING INDUSTRY? 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 ASSOCIATION OF THE EUROPEAN HEATING INDUSTRY are Ilari Aho, Patrick Crombez, Antonio Recinella, Emmanuel Ribaud, Federico De Stefani and Alberto Montanini. Patrick Crombez is also behind EUROPEAN HEAT PUMP ASSOCIATION.
Directors
According to the 2025 annual accounts
Ilari Aho
Director
Antonio Recinella
Director
Emmanuel Ribaud
Director
Federico De Stefani
Director
Alberto Montanini
Director
Pierre-Louis François
Director
Jörg Metzger
Director
Tjarko Bouman
Director
Paolo Merloni
Director
Norbert Schiedeck
Director
Thomas Heim
Director
Jan Brockmann
Chairman of the board
Anna Charlotte Poulsen
Director
Establishments
Establishment units
Physical locations of this company
Troonstraat 60
1050 Elsene
Kunstlaan 40
1040 Brussel
Active since 12 April 2010
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0869.856.507
- VAT number
- BE 0869.856.507
- Registered office
- Troonstraat 60, 1050 Elsene
- Names & denominations
- ASSOCIATION OF THE EUROPEAN HEATING INDUSTRY
- Enterprise type
- Rechtspersoon
- Legal form
- International non-profit association
- Legal situation
- Normale toestand
- Start date
- 3 November 2004
- Peppol
- Active · Active since 13 Oct 2025
- Activities · NACE
Activiteiten van bedrijfs- en werkgeversorganisaties