ACTIVE

Heating Management Services

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

35 k €

+116.3% YoY

Gross margin

602,4 k €

+293.2% YoY

Equity

78,5 k €

+150.2% YoY

Workforce

3,7 ETP

+54.2% YoY

What does Heating Management Services do?

Heating Management Services is a Private limited company incorporated in 1939. Its main activity is: Activities of holding companies. Its registered office is in Nazareth-De Pinte. It employs on average 3,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0405.527.603

Incorporation

13/06/1939

Legal form

Private limited company

Registered office

Begoniastraat 14
9810 Nazareth-De Pinte · FlandreSee on map

Contributed capital

568 728,69 €

Latest accounts

31/12/2025

Average workforce

3,7 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 68310Real estate agencies 68311Real estate agencies 70311Activities of head offices; management consultancy activities

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	602,4 k €	+293%	153,2 k €	+13348%	-1,2 k €	+98.4%	-70,5 k €	-191%	77,8 k €	-47.3%	147,6 k €	+0.6%	146,7 k €	-22.1%	188,4 k €	+3.0%	182,9 k €	+25.3%	146 k €	+7.8%	135,5 k €	-1.5%	137,5 k €	-20.8%	173,6 k €	-32.2%	256 k €	+45.7%	175,7 k €	+261%	48,7 k €	+10.5%	44,1 k €	+2.1%	43,2 k €	-11.7%	49 k €	+7.6%	45,5 k €
EBITDA	329,6 k €	+1573%	-22,4 k €	+81.9%	-123,4 k €	+20.9%	-156 k €	-1484%	11,3 k €	-91.3%	128,8 k €	+13.6%	113,4 k €	-27.5%	156,5 k €	+38.7%	112,8 k €	+6.4%	106 k €	-6.8%	113,8 k €	-1.8%	115,9 k €	-10.9%	130,1 k €	+25.5%	103,6 k €	-23.5%	135,5 k €	+1237%	-11,9 k €	-324%	5,3 k €	-32.0%	7,8 k €	+14.3%	6,8 k €	+12.6%	6,1 k €
Operating result	65,2 k €	+128%	-229,9 k €	+20.3%	-288,6 k €	-4.1%	-277,1 k €	-2041%	-12,9 k €	-112%	111,1 k €	+198%	37,3 k €	-53.7%	80,6 k €	+95.0%	41,3 k €	-6.7%	44,3 k €	-16.4%	53 k €	-10.9%	59,5 k €	-20.2%	74,5 k €	+52.5%	48,9 k €	-39.4%	80,6 k €	+631%	-15,2 k €	-839%	2,1 k €	-54.9%	4,6 k €	+27.3%	3,6 k €	-41.1%	6,1 k €
Net result	35 k €	+116%	-215,5 k €	+27.1%	-295,4 k €	-8.7%	-271,6 k €	-282%	149,3 k €	+3936%	3,7 k €	-49.6%	7,3 k €	-50.5%	14,8 k €	+174%	-20,2 k €	-758%	-2,3 k €	+55.0%	-5,2 k €	-155%	9,6 k €	-64.9%	27,2 k €	+101%	13,6 k €	-62.5%	36,2 k €	+296%	-18,4 k €	-368%	6,9 k €	-13.5%	8 k €	-19.7%	9,9 k €	-8.0%	10,8 k €
Balance sheet
Equity	78,5 k €	+150%	-156,5 k €	-365%	59 k €	+1296%	4,2 k €	-98.5%	275,9 k €	+47.8%	186,7 k €	+2.0%	183 k €	+4.2%	175,6 k €	+9.2%	160,8 k €	-11.1%	181 k €	-1.3%	183,3 k €	-2.8%	188,5 k €	+1.8%	185,2 k €	+0.1%	185 k €	+0.8%	183,4 k €	+13.1%	162,3 k €	-10.2%	180,7 k €	+4.0%	173,8 k €	+4.8%	165,9 k €	+6.4%	156 k €
Total assets	3,2 M €	+86.5%	1,7 M €	+18.6%	1,5 M €	+25.9%	1,2 M €	+0.8%	1,2 M €	-7.3%	1,2 M €	-47.7%	2,4 M €	-2.9%	2,5 M €	-5.0%	2,6 M €	+28.1%	2 M €	+4.1%	1,9 M €	+34.6%	1,4 M €	-5.3%	1,5 M €	-10.1%	1,7 M €	-1.5%	1,7 M €	+1.9%	1,7 M €	+544%	262 k €	-7.1%	282,1 k €	-0.7%	284 k €	-4.7%	298 k €
Cash	56,2 k €	+20.8%	46,5 k €	-81.2%	247,8 k €	+132%	106,7 k €	-72.7%	390,1 k €	+257%	109,2 k €	+813%	12 k €	+28.7%	9,3 k €	-27.2%	12,8 k €		–		–		126,2 €	-56.0%	286,7 €	-94.8%	5,5 k €	-59.0%	13,5 k €	-76.7%	57,7 k €	+326%	13,6 k €	-40.2%	22,7 k €	+87.2%	12,1 k €	-58.0%	28,8 k €
Debts	3,2 M €	+67.1%	1,9 M €	+35.8%	1,4 M €	+20.1%	1,2 M €	+31.8%	882,7 k €	-17.0%	1,1 M €	-51.8%	2,2 M €	-3.4%	2,3 M €	-6.0%	2,4 M €	+31.9%	1,8 M €	+4.7%	1,8 M €	+40.3%	1,3 M €	-6.3%	1,3 M €	-11.0%	1,5 M €	-2.0%	1,5 M €	+0.7%	1,5 M €	+1773%	81,3 k €	-24.9%	108,3 k €	-8.3%	118,1 k €	-16.8%	142 k €
Other
Workforce	3,7 ETP	+54.2%	2,4 ETP	+41.2%	1,7 ETP	+70.0%	1,0 ETP	-50.0%	2,0 ETP		–		–		–		–		–		–		–		0,5 ETP	-75.0%	2,0 ETP	+100%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 22 ended

Active mandates

DE VOS PERAZO

Managing director · since 18 février 2025 · 0450.411.877

Represented by Marcus DE VOS

Active

Stijn DE VOS

Director · since 18 février 2025

Active

CAVM

Chairman of the board of directors · since 24 avril 2023 · 0755.411.056

Represented by Caroline VAN MARCKE

Active

VAN MARCKE TRADING GROUP

Director · since 24 avril 2023 · 0437.251.254

Represented by Patrick VAN LEYNSEELE

Active

Ended mandates

CAVM

Chairman of the board of directors · since 24 avril 2023 · 0755.411.056

Represented by Caroline VAN MARCKE

Ended

CAVM

Director · since 24 avril 2023 · 0755.411.056

Represented by Caroline Van Marcke

Ended

DE VOS PERAZO

Director · since 24 avril 2023 · 0450.411.877

Represented by De VOS STIJN

Ended

DE VOS PERAZO

Managing director · since 24 avril 2023 · 0450.411.877

Represented by Marcus DE VOS

Ended

At this address

Other companies at this address

Company	CBE no.
CV KEERMAN● Active	0419.151.450
De Vos Brandstoffen● Active	0437.466.733
DE VOS PERAZO● Active	0450.411.877
KLIMA+ Groep● Active	0415.163.562
KLIMA+ SERVICE● Active	0450.121.372
SMARTFUEL● Active	0552.808.245

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	13/08/2026	11/07/2025	30/08/2024	29/09/2023	31/08/2022	02/02/2022
General meeting	24/06/2026	24/06/2025	24/06/2024	25/09/2023	25/08/2022	12/08/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	24/06/2026	13/08/2026	Dutch	PDF
Abridged model	31/12/2024	24/06/2025	11/07/2025	Dutch	PDF
Abridged model	31/12/2023	24/06/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	25/09/2023	29/09/2023	Dutch	PDF
Abridged model	31/12/2021	25/08/2022	31/08/2022	Dutch	PDF
Abridged modelCorrection	31/12/2020	12/08/2021	02/02/2022	Dutch	PDF
Abridged model	31/12/2020	12/08/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	09/04/2020	29/10/2020	Dutch	PDF
Abridged model	31/12/2018	11/04/2019	31/08/2019	Dutch	PDF
Abridged model	31/12/2017	12/04/2018	29/08/2018	Dutch	PDF
Abridged model	31/12/2016	13/04/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	14/04/2016	17/08/2016	Dutch	PDF
Abridged model	31/12/2014	09/04/2015	23/07/2015	Dutch	PDF
Abridged model	31/12/2013	10/04/2014	25/08/2014	Dutch	PDF
Abridged model	31/12/2012	11/04/2013	26/08/2013	Dutch	PDF
Abridged model	31/12/2011	12/04/2012	20/08/2012	Dutch	PDF
Abridged model	31/12/2010	14/04/2011	31/05/2011	Dutch	PDF
Abridged model	31/12/2009	08/04/2010	30/06/2010	Dutch	PDF
Abridged model	31/12/2008	09/04/2009	29/05/2009	Dutch	PDF
Abridged model	31/12/2007	10/04/2008	30/06/2008	Dutch	PDF
Abridged model	31/12/2006	12/04/2007	16/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 22 ended

Active mandates

DE VOS PERAZO

Managing director · since 18 février 2025 · 0450.411.877

Represented by Marcus DE VOS

Active

Stijn DE VOS

Director · since 18 février 2025

Active

CAVM

Chairman of the board of directors · since 24 avril 2023 · 0755.411.056

Represented by Caroline VAN MARCKE

Active

VAN MARCKE TRADING GROUP

Director · since 24 avril 2023 · 0437.251.254

Represented by Patrick VAN LEYNSEELE

Active

Ended mandates

CAVM

Chairman of the board of directors · since 24 avril 2023 · 0755.411.056

Represented by Caroline VAN MARCKE

Ended

CAVM

Director · since 24 avril 2023 · 0755.411.056

Represented by Caroline Van Marcke

Ended

DE VOS PERAZO

Director · since 24 avril 2023 · 0450.411.877

Represented by De VOS STIJN

Ended

DE VOS PERAZO

Managing director · since 24 avril 2023 · 0450.411.877

Represented by Marcus DE VOS

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other11/02/2026
DIVERSEN
PDF
Mandates06/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Registered office08/06/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates08/10/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/11/2020
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Other10/12/2014
DIVERSEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202535 k €↑
2024
Annual accounts 2024-215,5 k €↑
2023
Annual accounts 2023-295,4 k €↓
2022
Annual accounts 2022-271,6 k €↓
2021
Annual accounts 2021149,3 k €↑
2020
Annual accounts 20203,7 k €↓
2020
Name changeHEATING MANAGEMENT SERVICES
2019
Annual accounts 20197,3 k €↓
2018
Annual accounts 201814,8 k €↑
2017
Annual accounts 2017-20,2 k €↓
2016
Annual accounts 2016-2,3 k €↑
2015
Annual accounts 2015-5,2 k €↓
2014
Annual accounts 20149,6 k €↓
2013
Annual accounts 201327,2 k €↑
2012
Annual accounts 201213,6 k €↓
2011
Annual accounts 201136,2 k €↑
2010
Annual accounts 2010-18,4 k €↓
2009
Annual accounts 20096,9 k €↓
2008
Annual accounts 20088 k €↓
2007
Annual accounts 20079,9 k €↓
2006
Annual accounts 200610,8 k €
2006
Name changeDe Werkende Bie Maes-Rommens
13/06/1939
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Heating Management Services

Overview

What does Heating Management Services do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline