Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ED VERWARMING from Bilzen-Hoeselt, company number BE0898981548, closed financial year 2025 with a result of € 43,806 after tax. For that financial year ED VERWARMING recorded a gross margin of € 653,173 and equity of € 55,529. Compared with financial year 2024, the result moved from € 41,036 to € 43,806. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ 55,529
▲ € 43,806 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 43,806
▲ 7% vs 2024
Profit after tax over the fiscal year.
€ 18,793
▼ 68% 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 € 43,129.
People and assets in 2025
7.5
Average over the fiscal year, from the social balance sheet.
€ 568,383
▼ 9% vs 2024
€ 75,800 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.
€ 13,602
▲ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 195,691
▲ 57% vs 2024
€ 17,720 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 302,563
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,415
▲ 71% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 233,617 | € 402,801 | € 714,046 | € 653,173 | ▼ 9% |
| Profit after taxes | € 2,165 | € -105,326 | € 41,036 | € 43,806 | ▲ 7% |
| Equity | € 76,013 | € -29,313 | € 11,722 | € 55,529 | ▲ € 43,806 |
| Total debts | € 407,786 | € 724,849 | € 622,880 | € 605,825 | ▼ 3% |
| Cash | € 31,296 | € 34,926 | € 58,956 | € 18,793 | ▼ 68% |
| Land & buildings | € 22,449 | € 18,608 | - | - | |
| Retained profit | € 63,613 | € -41,713 | € -678 | € 43,129 | ▲ € 43,806 |
| Bank debt | € 133,801 | € 127,249 | € 125,000 | € 195,691 | ▲ 57% |
| Balance sheet total | € 483,799 | € 695,536 | € 634,602 | € 661,353 | ▲ 4% |
| Employees (FTE) | 4.2 | - | - | 7.5 |
Key figures of ED VERWARMING, 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 ED VERWARMING?
What happened at ED VERWARMING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 43,806 (▲ 7% vs 2024). Source: NBB ↗
- Michael Cleuren became a director. NBB
- Eddy Cleuren became a director. NBB
- New establishment in Bilzen-Hoeselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,165 profit in 2022 to € 43,806 profit in 2025.
Paid € 14,033 in corporate taxes since 2022.
Best year ever: 2025, with € 43,806 profit.
On average € 87,100 of value added per employee in 2025.
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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 ED VERWARMING are Michael Cleuren and Eddy Cleuren. The same people are also behind MC-Ecoheating&Cooling.
Directors
According to the 2025 annual accounts
since 2023
since 2023
Establishments
Establishment units
Physical locations of this company
Bremakker 27A
3740 Bilzen-Hoeselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0898.981.548
- VAT number
- BE 0898.981.548
- Registered office
- Bremakker 27A, 3740 Bilzen-Hoeselt
- Names & denominations
- ED VERWARMING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 July 2008
- Peppol
- Active · Active since 24 Sept 2025
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit