ACTIVE

TECHBOX HEATING

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Financial year 2025 · closed on 31/12/2025

Net result

371,9 k €

-19.2% YoY

Gross margin

5,1 M €

-16.8% YoY

Equity

672,7 k €

+123.7% YoY

Workforce

27,9 ETP

-1.4% YoY

What does TECHBOX HEATING do?

TECHBOX HEATING is a Private limited company incorporated in 2016. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Kuurne. It employs on average 27,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0665.521.651

Incorporation

26/10/2016

Legal form

Private limited company

Registered office

Pieter Verhaeghestraat 8
8520 Kuurne · FlandreSee on map

Contributed capital

950 400,00 €

Latest accounts

31/12/2025

Average workforce

27,9 ETP

Activities (NACE)

43221Plumbing, heat and air-conditioning installation· main 43221Plumbing, heat and air-conditioning installation 43222Plumbing, heat and air-conditioning installation 43222Plumbing, heat and air-conditioning installation 43222Plumbing, heat and air-conditioning installation 43222Plumbing, heat and air-conditioning installation

Joint committees (2)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 9 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017
Income statement
Gross margin	5,1 M €	-16.8%	6,1 M €	+36.0%	4,5 M €	+27.7%	3,5 M €	+52.4%	2,3 M €	+25.9%	1,8 M €	-4.1%	1,9 M €	+62.5%	1,2 M €	-7.8%	1,3 M €
EBITDA	754,4 k €	-2.0%	770,1 k €	+553%	-169,9 k €	-146%	373,3 k €	+137%	157,5 k €	-3.3%	162,9 k €	+82.6%	89,2 k €	+131%	-285,8 k €	+39.6%	-473 k €
Operating result	650,4 k €	-4.3%	679,7 k €	+397%	-228,8 k €	-172%	318,9 k €	+187%	111 k €	-5.8%	117,8 k €	+252%	33,5 k €	+110%	-338,7 k €	+34.2%	-515,1 k €
Net result	371,9 k €	-19.2%	460,6 k €	+205%	-440,3 k €	-309%	211,2 k €	+1085%	17,8 k €	+106%	8,6 k €	+12.8%	7,7 k €	+102%	-371,3 k €	+31.7%	-543,9 k €
Balance sheet
Equity	672,7 k €	+124%	300,8 k €	+288%	-159,8 k €	-157%	280,5 k €	+305%	69,3 k €	+34.6%	51,5 k €	+20.2%	42,8 k €	+21.8%	35,2 k €	+109%	-393,9 k €
Total assets	4,4 M €	-15.8%	5,2 M €	+26.3%	4,1 M €	+22.6%	3,4 M €	+53.5%	2,2 M €	-15.1%	2,6 M €	-10.0%	2,9 M €	+59.8%	1,8 M €	+8.0%	1,7 M €
Cash	3,2 k €	-74.5%	12,6 k €	-94.4%	227,4 k €	-29.1%	320,9 k €	-35.7%	498,8 k €	-6.4%	533 k €	+79.7%	296,7 k €	+300%	74,1 k €	-75.4%	300,8 k €
Debts	3,7 M €	-20.0%	4,6 M €	+10.7%	4,2 M €	+39.7%	3 M €	+40.9%	2,1 M €	-15.8%	2,5 M €	-10.6%	2,8 M €	+60.6%	1,8 M €	-13.9%	2 M €
Other
Workforce	27,9 ETP	-1.4%	28,3 ETP	+2.2%	27,7 ETP	+6.9%	25,9 ETP	+16.1%	22,3 ETP	-14.9%	26,2 ETP	+9.2%	24,0 ETP	+0.8%	23,8 ETP	-4.0%	24,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

TECHBOX

Director · since 28 octobre 2016 · 0664.938.958

Represented by Declerck Kurt

Active

Ended mandates

TECHBOX

Director · since 28 octobre 2016 · 0664.938.958

Represented by Kurt DECLERCK

Ended

TECHBOX

Mandate · 0664.938.958

Represented by Kurt Declerck

Ended

TECHBOX

Manager · 0664.938.958

Represented by Kurt Declerck

Ended

TECHBOX

Mandate · 0664.938.958

Represented by KURT DECLERCK

Ended

At this address

Other companies at this address

Company	CBE no.
TECHBOX● Active	0664.938.958
TECHBOX VENTILATION● Active	0866.677.875
TORNADO COLORS● Active	0898.692.330
VENTILAIR GROUP BELGIUM● Active	0874.699.874
VENTILAIR GROUP INTERNATIONAL● Active	0848.369.423

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	01/07/2026	27/05/2025	04/07/2024	03/07/2023	30/06/2022	09/06/2021
General meeting	19/06/2026	26/05/2025	28/06/2024	05/06/2023	07/06/2022	07/06/2021
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

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Filings

Annual accounts filings

9 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/06/2026	01/07/2026	Dutch	PDF
Abridged model	31/12/2024	26/05/2025	27/05/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	04/07/2024	Dutch	PDF
Abridged model	31/12/2022	05/06/2023	03/07/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	30/06/2022	Dutch	PDF
Abridged model	31/12/2020	07/06/2021	09/06/2021	Dutch	PDF
Abridged model	31/12/2019	07/07/2020	08/07/2020	Dutch	PDF
Abridged model	31/12/2018	08/07/2019	11/07/2019	Dutch	PDF
Abridged model	31/12/2017	04/06/2018	31/08/2018	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

TECHBOX

Director · since 28 octobre 2016 · 0664.938.958

Represented by Declerck Kurt

Active

Ended mandates

TECHBOX

Director · since 28 octobre 2016 · 0664.938.958

Represented by Kurt DECLERCK

Ended

TECHBOX

Mandate · 0664.938.958

Represented by Kurt Declerck

Ended

TECHBOX

Manager · 0664.938.958

Represented by Kurt Declerck

Ended

TECHBOX

Mandate · 0664.938.958

Represented by KURT DECLERCK

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/07/2019
WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares02/01/2019
KAPITAAL - AANDELEN
PDF
Capital / shares17/01/2017
KAPITAAL - AANDELEN
PDF
Other28/10/2016
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025371,9 k €↓
2024
Annual accounts 2024460,6 k €↑
2023
Annual accounts 2023-440,3 k €↓
2022
Annual accounts 2022211,2 k €↑
2021
Annual accounts 202117,8 k €↑
2020
Annual accounts 20208,6 k €↑
2019
Annual accounts 20197,7 k €↑
2018
Annual accounts 2018-371,3 k €↑
2018
Name changeTECHBOX HEATING
2017
Annual accounts 2017-543,9 k €
2017
Name changeFLUXO
26/10/2016
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

TECHBOX HEATING

Overview

What does TECHBOX HEATING do?

Trend over 9 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