Financials
Financial year 2025
Centrale Verwarming Sanitair Technics from Harelbeke, company number BE0893913990, closed financial year 2025 with a result of € 104,704 after tax. For that financial year Centrale Verwarming Sanitair Technics recorded a gross margin of € 592,030 and equity of € 207,377. Compared with financial year 2023, the result moved from € 25,875 to € 104,704. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 27, 2026.
€ 207,377
▲ 102% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 104,704
▲ € 78,829 vs 2023
Profit after tax over the fiscal year.
€ 3,622
▼ 80% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 194,877.
People and assets in 2025
2.8
▲ 0.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 272,443
▲ 94% vs 2023
€ 97,300 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.
€ 41,149
▼ 45% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 179,720
▼ 64% vs 2023
€ 46,174 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 111,520
▼ 42% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 104,341
▲ 198% vs 2023
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 151,587 | € 241,360 | € 592,030 | ▲ 145% |
| Profit after taxes | € 1,139 | € 25,875 | € 104,704 | ▲ € 78,829 |
| Equity | € 76,799 | € 102,674 | € 207,377 | ▲ 102% |
| Total debts | € 910,419 | € 893,838 | € 649,880 | ▼ 27% |
| Cash | € 38,864 | € 18,212 | € 3,622 | ▼ 80% |
| Retained profit | € 64,299 | € 90,174 | € 194,877 | ▲ 116% |
| Bank debt | € 471,392 | € 497,317 | € 179,720 | ▼ 64% |
| Balance sheet total | € 987,218 | € 996,512 | € 857,257 | ▼ 14% |
| Employees (FTE) | - | 2.4 | 2.8 | ▲ 0.4 |
Key figures of Centrale Verwarming Sanitair Technics, 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 October 2026.
What happened to Centrale Verwarming Sanitair Technics?
What happened at Centrale Verwarming Sanitair Technics in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 104,704 (▲ € 78,829 vs 2023). filed late Source: NBB ↗
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,139 profit in 2022 to € 104,704 profit in 2025.
Paid € 99,586 in corporate taxes since 2022.
Best year ever: 2025, with € 104,704 profit.
On average € 211,400 of value added per employee in 2025.
Management
Behind Centrale Verwarming Sanitair Technics are Herman Maes and Combi-invest BV. The same people are also behind IMMO-BRIT. Herman Maes is also behind MAES PRODUCTION ATELIER. Combi-invest BV is also behind Herman Maes Kitchen.
Directors
According to the 2025 annual accounts
Director · represented by Herman Maes
Also active at: IMMO-BRIT, Herman Maes Kitchen
Establishments
Establishment units
Physical locations of this company
Spoorwegstraat 23
8530 Harelbeke
Spoorwegstraat 23 box A
8530 Harelbeke
Active since 10 January 2008
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0893.913.990
- VAT number
- BE 0893.913.990
- Registered office
- Spoorwegstraat 23, 8530 Harelbeke
- Names & denominations
- Centrale Verwarming Sanitair Technics · C.V.S. Technics
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 November 2007
- Peppol
- Active · Active since 30 Aug 2023
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Installatie van verwarming, klimaatregeling en ventilatie
Sanitaire werkzaamheden
Overig loodgieterswerk
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2