ACTIVE

ERRO HEATING

Financial year 2025 · closed on 31/12/2025
Net result
-2,5 M €
-19214.3% YoY
Gross margin
-578,3 k €
-130.9% YoY
Equity
-718,6 k €
-139.9% YoY
Workforce
27,2 ETP
+2.3% YoY

What does ERRO HEATING do?

ERRO HEATING is a Public limited company incorporated in 1989. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Oudsbergen. It employs on average 27,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0438.495.626
Incorporation
15/09/1989
Legal form
Public limited company
Registered office
Industrieweg-Noord 1106
3660 Oudsbergen · FlandreSee on map
Contributed capital
1 300 000,00 €
Latest accounts
31/12/2025
Average workforce
27,2 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
Healthy social debts
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin-578,3 k €1,9 M €1,8 M €1,8 M €1,5 M €1,2 M €1,7 M €1,5 M €1,3 M €1,7 M €1,2 M €1 M €724,9 k €828,3 k €666,7 k €740,3 k €832,9 k €971,8 k €872,4 k €840,3 k €
EBITDA-2,3 M €258,2 k €153,5 k €207,7 k €224,4 k €38,7 k €269,6 k €248,2 k €275,8 k €478,6 k €132 k €109 k €-6,3 k €94,4 k €-4,6 k €79,6 k €106,1 k €194,9 k €121,2 k €155,1 k €
Operating result-2,4 M €185,4 k €103,8 k €165,8 k €80,7 k €-141,6 k €68,7 k €54,1 k €30,4 k €331,5 k €-10,9 k €400,6 €-84,1 k €19,9 k €-45 k €45,8 k €58,8 k €126,5 k €62,4 k €98,5 k €
Net result-2,5 M €13,2 k €-2,4 k €104,9 k €87,2 k €-158,8 k €22,7 k €2,1 k €-9,7 k €308,6 k €7,8 k €26,9 k €-45,4 k €25 k €-43,4 k €18,9 k €19,2 k €22,1 k €9,1 k €38,3 k €
Balance sheet
Equity-718,6 k €1,8 M €1,8 M €1,8 M €1,7 M €1,6 M €1,8 M €1,6 M €1,6 M €1,6 M €1,3 M €1,2 M €1,2 M €266,5 k €241,5 k €284,9 k €266 k €246,8 k €224,7 k €215,6 k €
Total assets5,7 M €6,2 M €6,2 M €6,2 M €5,2 M €4,9 M €5,8 M €5,6 M €5,6 M €5,6 M €4,9 M €4,3 M €3,8 M €3,5 M €3,4 M €3,5 M €3,4 M €2,2 M €3 M €2,2 M €
Cash42,1 k €208,1 k €81,6 k €286,5 k €135,2 k €180,7 k €104,6 k €152,8 k €77,6 k €78,3 k €332,6 k €97,6 k €218,7 k €97 k €199,8 k €272,5 k €239,7 k €48,5 k €124,1 k €163,2 k €
Debts6,4 M €4,4 M €4,4 M €4,5 M €3,5 M €3,3 M €4 M €4,1 M €4,1 M €4,1 M €3,6 M €3,1 M €2,6 M €3,2 M €3,2 M €3,1 M €3,1 M €1,9 M €2,7 M €2 M €
Other
Workforce27,2 ETP26,6 ETP27,5 ETP27,5 ETP26,0 ETP27,3 ETP26,5 ETP21,0 ETP22,3 ETP23,9 ETP24,1 ETP20,3 ETP18,1 ETP16,3 ETP15,7 ETP16,1 ETP18,3 ETP18,8 ETP17,7 ETP17,9 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 22 ended

Active mandates

R & S SERVICE

Director · since 12 mai 2022 · 0452.635.850

Represented by Robert Brands

Active

Ended mandates

R & S SERVICE

Director · since 12 mai 2022 · until 12 mai 2028 · 0452.635.850

Represented by Robert Brands

Ended
R & S SERVICE

Director · since 18 juillet 2019 · until 18 juillet 2025 · 0452.635.850

Represented by Robert Brands

Ended
Robert Brands

Managing director · since 18 juillet 2019 · until 12 mai 2022

Ended
Robert Brands

Managing director · since 18 juillet 2019 · until 18 juillet 2025

Ended
At this address

Other companies at this address

CompanyCBE no.
0465.535.464
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date30/07/202624/07/202527/06/202430/06/202329/06/202230/06/2021
General meeting29/06/202630/06/202524/06/202426/06/202327/06/202228/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/06/202630/07/2026DutchPDF
Abridged model31/12/202430/06/202524/07/2025DutchPDF
Abridged model31/12/202324/06/202427/06/2024DutchPDF
Abridged model31/12/202226/06/202330/06/2023DutchPDF
Abridged model31/12/202127/06/202229/06/2022DutchPDF
Abridged model31/12/202028/06/202130/06/2021DutchPDF
Abridged model31/12/201929/06/202024/07/2020DutchPDF
Abridged model31/12/201824/06/201928/06/2019DutchPDF
Abridged model31/12/201725/06/201811/07/2018DutchPDF
Abridged model31/12/201626/06/201729/06/2017DutchPDF
Abridged model31/12/201527/06/201612/07/2016DutchPDF
Abridged model31/12/201429/06/201530/06/2015DutchPDF
Abridged model31/12/201330/06/201430/06/2014DutchPDF
Abridged model31/12/201224/06/201308/07/2013DutchPDF
Abridged model31/12/201125/06/201231/08/2012DutchPDF
Abridged model31/12/201027/06/201128/08/2011DutchPDF
Abridged model31/12/200928/06/201006/07/2010DutchPDF
Abridged model31/12/200829/06/200929/06/2009DutchPDF
Abridged model31/12/200730/06/200830/06/2008DutchPDF
Abridged model31/12/200604/06/200725/06/2007DutchPDF
Estimate

Indicative valuation

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 · 1 active · 22 ended

Active mandates

R & S SERVICE

Director · since 12 mai 2022 · 0452.635.850

Represented by Robert Brands

Active

Ended mandates

R & S SERVICE

Director · since 12 mai 2022 · until 12 mai 2028 · 0452.635.850

Represented by Robert Brands

Ended
R & S SERVICE

Director · since 18 juillet 2019 · until 18 juillet 2025 · 0452.635.850

Represented by Robert Brands

Ended
Robert Brands

Managing director · since 18 juillet 2019 · until 12 mai 2022

Ended
Robert Brands

Managing director · since 18 juillet 2019 · until 18 juillet 2025

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/05/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/11/2019
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/03/2016
    DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares22/10/2013
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates26/07/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/07/2004
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office28/01/2004
    MAATSCHAPPELIJKE ZETEL
    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

Timeline

  1. 2025
    Annual accounts 2025-2,5 M €
  2. 2024
    Annual accounts 202413,2 k €
  3. 2023
    Annual accounts 2023-2,4 k €
  4. 2022
    Annual accounts 2022104,9 k €
  5. 2021
    Annual accounts 202187,2 k €
  6. 2020
    Annual accounts 2020-158,8 k €
  7. 2019
    Annual accounts 201922,7 k €
  8. 2018
    Annual accounts 20182,1 k €
  9. 2017
    Annual accounts 2017-9,7 k €
  10. 2016
    Annual accounts 2016308,6 k €
  11. 2015
    Annual accounts 20157,8 k €
  12. 2014
    Annual accounts 201426,9 k €
  13. 2013
    Annual accounts 2013-45,4 k €
  14. 2012
    Annual accounts 201225 k €
  15. 2011
    Annual accounts 2011-43,4 k €
  16. 2010
    Annual accounts 201018,9 k €
  17. 2009
    Annual accounts 200919,2 k €
  18. 2008
    Annual accounts 200822,1 k €
  19. 2007
    Annual accounts 20079,1 k €
  20. 2006
    Annual accounts 200638,3 k €
  21. 15/09/1989
    IncorporationPublic limited company