ACTIVE

ATAG Heating Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result-943,1 k €-556,2 %over 1 year
Revenue11,5 M €+22,6 %over 1 year
Equity594,4 k €-61,3 %over 1 year
Workforce62,8 ETP+19,8 %over 1 year

Identity

Source · BCE/KBO

ATAG Heating Belgium is a Public limited company incorporated in 1975. Its main activity is: Wholesale of hardware, plumbing and heating equipment and supplies. Its registered office is in Forest. It employs on average 62,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0414.905.028
Incorporation
30/04/1975
Legal form
Public limited company
Registered office
Boulevard de l'Humanité 292
1190 Forest · BruxellesSee on map
Contributed capital
3 650 000,00 €
Latest accounts
31/12/2025
Average workforce
62,8 ETP
Joint committees (3)
  • 14904
  • 200
  • 218
Signals
Healthy social debtsHigh revenue

Financials

Source · NBB, 27 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue11,5 M €9,4 M €8 M €10,9 M €13,2 M €
EBITDA-777,3 k €138,7 k €-681,3 k €-2,4 M €-937,8 k €
Operating result-816,9 k €334,9 k €-809,2 k €-2,4 M €-1,1 M €
Net result-943,1 k €206,7 k €-934,1 k €-2,5 M €-1,1 M €
Balance sheet
Equity594,4 k €1,5 M €-669,2 k €264,9 k €-228,8 k €
Total assets7,2 M €6,8 M €5,1 M €5,5 M €5,7 M €
Cash258,5 k €853,3 k €104,1 k €133,3 k €202,4 k €
Debts5,6 M €4,4 M €5 M €4,2 M €4,9 M €
Other
Workforce62,8 ETP52,4 ETP56,6 ETP69,8 ETP76,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 26 ended

Active mandates

Gabriele MONTESI

Director · since 01 juillet 2025 · until 22 avril 2031

Active
Aydin GOZUTOK

Director · since 22 avril 2024 · until 22 avril 2030

Active
Pierre BONIFACE

Director · since 22 avril 2024 · until 22 avril 2030

Active

Ended mandates

Thomas KNEIP

Director · since 22 avril 2024 · until 22 avril 2030

Ended
Gabriele Montesi

Director · since 27 juillet 2023 · until 20 avril 2029

Ended
Marcella ZACCHEI

Director · since 22 avril 2021 · until 22 avril 2024

Ended
Laurent JACQUEMIN

Managing director · since 23 avril 2020 · until 22 avril 2023

Ended

Other companies at this address

Boulevard de l'Humanité 292 1190 Forest
CompanyCBE no.
ALERT MANAGEMENT CONSULTANTS● Active
0447.990.837
BIOCODEX Benelux● Active
0401.936.623
CARLOS INTERNATIONAL● Liquidation
0440.925.475
DE BOECK Family● Active
0755.885.168
EQP● Active
0734.994.041
FDB Management● Active
0746.555.154
Networks Gym (Forest)● Active
1009.229.273
S.A Therabel-Pharma N.V.● Active
0420.515.586
SITECORE BELGIUM● Active
0475.314.549
Spentys● Active
0681.502.303
TESA● Active
0480.051.812
THERABEL IMMO● Active
0428.944.292
THERABEL INTERNATIONAL SERVICES● Active
0836.259.962
TIJDELIJKE MAATSCHAP ACH - FLORÉ● Active
0790.601.072
TM ACH Bouw-Floré Techniekhuis● Active
1001.335.057
TM A C H CONSTRUCT - Floré - Model 8● Active
1019.537.997
TM BREDENEZ● Active
0801.421.621
TM Krakeel 2-3● Active
0799.230.609
VEEPEE NORTHERN EUROPE● Active
0885.188.247
YUVI● Active
0692.926.329

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date04/05/202628/04/202521/05/202408/06/202315/12/202219/05/2021
General meeting22/04/202622/04/202522/04/202421/04/202322/04/202222/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 27 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202522/04/202604/05/2026FrenchPDF
Full model31/12/202422/04/202528/04/2025FrenchPDF
Full model31/12/202322/04/202421/05/2024FrenchPDF
Full model31/12/202221/04/202308/06/2023FrenchPDF
Full modelCorrection31/12/202122/04/202215/12/2022FrenchPDF
Full model31/12/202122/04/202218/05/2022FrenchPDF
Full model31/12/202022/04/202119/05/2021FrenchPDF
Full model31/12/201922/04/202012/06/2020FrenchPDF
Full model31/12/201819/04/201913/05/2019FrenchPDF
Full model31/12/201720/04/201818/05/2018FrenchPDF
Full model31/12/201621/04/201722/05/2017FrenchPDF
Full model31/12/201522/04/201623/05/2016DutchPDF
Full model31/12/201422/04/201521/05/2015DutchPDF
Full model31/12/201322/04/201419/05/2014DutchPDF
Full model31/12/201322/04/201419/05/2014FrenchPDF
Full model31/12/201222/04/201308/05/2013FrenchPDF
Full model31/12/201222/04/201308/05/2013DutchPDF
Full model31/12/201120/04/201214/05/2012FrenchPDF
Full model31/12/201120/04/201214/05/2012DutchPDF
Full model31/12/201028/04/201105/05/2011DutchPDF
Full model31/12/201028/04/201105/05/2011FrenchPDF
Full model31/12/200928/04/201017/05/2010DutchPDF
Full model31/12/200928/04/201014/05/2010FrenchPDF
Full model31/12/200828/04/200913/05/2009FrenchPDF

View all 27 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 26 ended

Active mandates

Gabriele MONTESI

Director · since 01 juillet 2025 · until 22 avril 2031

Active
Aydin GOZUTOK

Director · since 22 avril 2024 · until 22 avril 2030

Active
Pierre BONIFACE

Director · since 22 avril 2024 · until 22 avril 2030

Active

Ended mandates

Thomas KNEIP

Director · since 22 avril 2024 · until 22 avril 2030

Ended
Gabriele Montesi

Director · since 27 juillet 2023 · until 20 avril 2029

Ended
Marcella ZACCHEI

Director · since 22 avril 2021 · until 22 avril 2024

Ended
Laurent JACQUEMIN

Managing director · since 23 avril 2020 · until 22 avril 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other14/08/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates14/08/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION
    PDF
  • Mandates12/08/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Other18/07/2025
    DIVERSEN
    PDF
  • Other18/07/2025
    DIVERS
    PDF
  • Restructuring04/07/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring23/05/2025
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Capital / shares29/10/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-943,1 k €↓
  2. 2025
    Name changeAtag Heating Belgium
  3. 2024
    Annual accounts 2024206,7 k €↑
  4. 2023
    Annual accounts 2023-934,1 k €↑
  5. 2022
    Annual accounts 2022-2,5 M €↓
  6. 2021
    Annual accounts 2021-1,1 M €↓
  7. 2021
    Name changeElco Belgium
  8. 2020
    Annual accounts 2020-561,1 k €↑
  9. 2019
    Annual accounts 2019-1,3 M €↑
  10. 2018
    Annual accounts 2018-2,4 M €↓
  11. 2017
    Annual accounts 2017-1,4 M €↓
  12. 2016
    Annual accounts 2016-777,3 k €↓
  13. 2015
    Annual accounts 2015-537,5 k €↑
  14. 2014
    Annual accounts 2014-1 M €↓
  15. 2013
    Annual accounts 2013-809,2 k €↓
  16. 2012
    Annual accounts 2012-466,5 k €↓
  17. 2011
    Annual accounts 2011190,9 k €↓
  18. 2008
    Annual accounts 20081,1 M €↑
  19. 2007
    Annual accounts 2007-984,2 k €
  20. 30/04/1975
    IncorporationPublic limited company