ACTIVE

BUILDING HEATHING PROJECTS

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Financial year 2025 · closed on 31/12/2025

Net result

18,8 k €

+19.0% YoY

Gross margin

70,8 k €

-1.1% YoY

Equity

149,2 k €

+14.4% YoY

What does BUILDING HEATHING PROJECTS do?

BUILDING HEATHING PROJECTS is a Private limited company incorporated in 2009. Its registered office is in Machelen (Brab.).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0810.017.504

Incorporation

24/02/2009

Legal form

Private limited company

Registered office

Joris de Leeuwstraat 18
1830 Machelen (Brab.) · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	70,8 k €	-1.1%	71,6 k €	+70.9%	41,9 k €	-2.0%	42,7 k €	-16.3%	51,1 k €	+82.8%	27,9 k €	-43.8%	49,7 k €	-2.9%	51,2 k €	+61.5%	31,7 k €	-9.0%	34,8 k €	-26.1%	47,1 k €	-52.5%	99,2 k €	+41.7%	70 k €	+17.8%	59,4 k €	-16.2%	70,9 k €	+143%	29,2 k €	-53.4%	62,8 k €
EBITDA	34,6 k €	-1.1%	35 k €	+1382%	2,4 k €	-75.5%	9,6 k €	-66.3%	28,6 k €	+245%	8,3 k €	-70.6%	28,1 k €	+2.3%	27,5 k €	+847%	2,9 k €	-83.6%	17,7 k €	+162%	6,8 k €	-34.3%	10,3 k €	-39.0%	16,8 k €	-41.1%	28,6 k €	+10.1%	26 k €	+368%	-9,7 k €	-117%	56 k €
Operating result	25,8 k €	-2.2%	26,4 k €	+1381%	-2,1 k €	-129%	7,1 k €	-68.6%	22,7 k €	+3625%	610 €	-97.1%	21,2 k €	-3.8%	22 k €	+1052%	1,9 k €	-88.4%	16,5 k €	+209%	5,3 k €	-36.9%	8,5 k €	-31.6%	12,4 k €	-50.4%	24,9 k €	+29.0%	19,3 k €	+288%	-10,3 k €	-119%	54 k €
Net result	18,8 k €	+19.0%	15,8 k €	+415%	-5 k €	-219%	4,2 k €	-71.6%	14,9 k €	+22109%	67 €	-99.6%	16,5 k €	-3.0%	17 k €	+684%	2,2 k €	+1053%	188 €	-81.9%	1 k €	-82.4%	5,9 k €	-5.3%	6,2 k €	-69.5%	20,4 k €	+11.6%	18,3 k €	+272%	-10,6 k €	-128%	38 k €
Balance sheet
Equity	149,2 k €	+14.4%	130,4 k €	+13.8%	114,6 k €	-4.2%	119,6 k €	+3.7%	115,4 k €	+14.8%	100,5 k €	+0.1%	100,5 k €	+19.6%	84 k €	+25.4%	67 k €	+3.3%	64,8 k €	+0.3%	64,6 k €	+1.6%	63,6 k €	+10.2%	57,7 k €	+12.1%	51,5 k €	-11.3%	58 k €	+46.0%	39,7 k €	-21.1%	50,4 k €
Total assets	173,7 k €	+9.5%	158,6 k €	+14.2%	138,9 k €	+1.7%	136,7 k €	+0.2%	136,4 k €	+15.7%	117,9 k €	-4.1%	123 k €	+10.6%	111,1 k €	+10.1%	100,9 k €	+7.4%	94 k €	-8.9%	103,2 k €	-9.8%	114,4 k €	+23.0%	93 k €	-13.3%	107,2 k €	+0.2%	107,1 k €	+5.0%	102 k €	-10.9%	114,5 k €
Cash	104,7 k €	+85.8%	56,3 k €	+242%	16,5 k €	+49.9%	11 k €	+74.7%	6,3 k €	-72.6%	23 k €	+231%	6,9 k €	-80.5%	35,6 k €	-15.0%	41,8 k €	+82.4%	22,9 k €	+28.0%	17,9 k €	+283%	4,7 k €	-73.8%	17,9 k €	-53.4%	38,3 k €	+21.1%	31,6 k €		–		34,8 k €
Debts	24,5 k €	-13.1%	28,2 k €	+34.8%	20,9 k €	+53.5%	13,6 k €	-22.5%	17,6 k €	+25.9%	14 k €	-26.8%	19,1 k €	-19.6%	23,8 k €	-22.2%	30,5 k €	+18.6%	25,8 k €	-26.7%	35,1 k €	-25.9%	47,4 k €	+48.7%	31,9 k €	-39.1%	52,4 k €	+14.8%	45,6 k €	-26.7%	62,3 k €	-2.9%	64,1 k €
Other
Workforce	–		–		–		1,7 ETP		–		1,2 ETP	+140%	0,5 ETP	0.0%	0,5 ETP	-50.0%	1,0 ETP	-28.6%	1,4 ETP	-22.2%	1,8 ETP	-43.8%	3,2 ETP	+45.5%	2,2 ETP	+83.3%	1,2 ETP	-40.0%	2,0 ETP	+100%	1,0 ETP	+100%	0,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

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

Active mandates

Thierry Louis

Director · since 24 février 2009

Active

Ended mandates

THIERRY LOUIS

Mandate

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Abridged model	Micro 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	17/08/2026	04/07/2025	02/04/2024	26/04/2023	05/05/2022	06/04/2021
General meeting	18/06/2026	19/06/2025	25/03/2024	22/04/2023	26/04/2022	04/03/2021
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	18/06/2026	17/08/2026	French	PDF
Micro model	31/12/2024	19/06/2025	04/07/2025	Dutch	PDF
Micro model	31/12/2023	25/03/2024	02/04/2024	Dutch	PDF
Abridged model	31/12/2022	22/04/2023	26/04/2023	Dutch	PDF
Micro model	31/12/2021	26/04/2022	05/05/2022	Dutch	PDF
Abridged model	31/12/2020	04/03/2021	06/04/2021	Dutch	PDF
Abridged model	31/12/2019	18/05/2020	20/05/2020	French	PDF
Abridged model	31/12/2018	20/06/2019	27/06/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	16/06/2018	Dutch	PDF
Abridged model	31/12/2016	12/05/2017	15/05/2017	Dutch	PDF
Abridged model	31/12/2015	17/05/2016	19/05/2016	Dutch	PDF
Abridged model	31/12/2014	07/04/2015	09/04/2015	Dutch	PDF
Abridged model	31/12/2013	29/04/2014	01/05/2014	French	PDF
Abridged model	31/12/2012	28/03/2013	02/04/2013	Dutch	PDF
Abridged model	31/12/2011	07/05/2012	08/05/2012	Dutch	PDF
Abridged model	31/12/2010	11/05/2011	12/05/2011	Dutch	PDF
Abridged model	31/12/2009	17/06/2010	23/07/2010	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 1 active · 1 ended

Active mandates

Thierry Louis

Director · since 24 février 2009

Active

Ended mandates

THIERRY LOUIS

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/10/2018
KAPITAAL - AANDELEN
PDF
Capital / shares20/10/2017
KAPITAAL - AANDELEN
PDF
Other05/03/2009
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 202518,8 k €↑
2024
Annual accounts 202415,8 k €↑
2023
Annual accounts 2023-5 k €↓
2022
Annual accounts 20224,2 k €↓
2021
Annual accounts 202114,9 k €↑
2020
Annual accounts 202067 €↓
2019
Annual accounts 201916,5 k €↓
2018
Annual accounts 201817 k €↑
2017
Annual accounts 20172,2 k €↑
2016
Annual accounts 2016188 €↓
2015
Annual accounts 20151 k €↓
2014
Annual accounts 20145,9 k €↓
2013
Annual accounts 20136,2 k €↓
2012
Annual accounts 201220,4 k €↑
2011
Annual accounts 201118,3 k €↑
2010
Annual accounts 2010-10,6 k €↓
2009
Annual accounts 200938 k €
24/02/2009
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

BUILDING HEATHING PROJECTS

Overview

What does BUILDING HEATHING PROJECTS do?

Trend over 17 financial years

Indicative valuation

Board of directors

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