ACTIVE

T&T HEATING SOLUTIONS

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Financial year 2025 · closed on 31/12/2025
Net result
14,3 k €
-80.5% YoY
Gross margin
386,2 k €
-23.9% YoY
Equity
274,3 k €
-14.7% YoY
Workforce
4,2 ETP
-17.6% YoY

What does T&T HEATING SOLUTIONS do?

T&T HEATING SOLUTIONS is a Private limited company incorporated in 2010. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Middelkerke. It employs on average 4,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0829.094.632
Incorporation
08/09/2010
Legal form
Private limited company
Registered office
Ten Poele 42
8430 Middelkerke · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Average workforce
4,2 ETP
Activities (NACE)
43222Plumbing, heat and air-conditioning installation· main43222Plumbing, heat and air-conditioning installation33110Repair of fabricated metal products33110Repair of fabricated metal products43221Plumbing, heat and air-conditioning installation43221Plumbing, heat and air-conditioning installation
Joint committees (4)
  • 124
  • 12400
  • 200
  • 20000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Gross margin386,2 k €507,6 k €405,7 k €277,8 k €281,8 k €183,6 k €220,6 k €166,2 k €159 k €126,5 k €145,2 k €9,3 k €-19,8 k €48,9 k €65,3 k €
EBITDA94,8 k €181 k €147,2 k €86,8 k €161,3 k €111,6 k €111,2 k €78 k €86,3 k €70,7 k €97,7 k €4,8 k €26,2 k €48 k €13 k €
Operating result31,9 k €118,7 k €74,1 k €29,6 k €110,3 k €47,5 k €60,2 k €32,2 k €3,4 k €41,9 k €73,2 k €-8,7 k €15,7 k €38,3 k €783 €
Net result14,3 k €73,5 k €43,7 k €18,6 k €78,4 k €32,4 k €41,9 k €19,8 k €-782 €28,4 k €49,8 k €-8,5 k €12,3 k €25 k €2,4 k €
Balance sheet
Equity274,3 k €321,8 k €248,3 k €204,6 k €212,9 k €198,8 k €166,4 k €124,5 k €104,7 k €105,5 k €78,6 k €30,4 k €40,5 k €29,8 k €14,8 k €
Total assets837,3 k €873,8 k €814,3 k €781,1 k €739,9 k €678,3 k €567,8 k €520 k €559,5 k €225,5 k €198,9 k €141,9 k €84 k €116,5 k €174,9 k €
Cash54 k €128,8 k €84,5 k €46,2 k €56,5 k €53,4 k €22,9 k €13,7 k €31,1 k €26,8 k €24,7 k €8,5 k €16,4 k €74,4 k €108,6 k €
Debts553,8 k €543,3 k €560,6 k €574,7 k €526,6 k €479,1 k €401 k €394,8 k €452,6 k €119,6 k €120,1 k €111,5 k €43,5 k €35,5 k €82,6 k €
Other
Workforce4,2 ETP5,1 ETP4,1 ETP–––––––1,0 ETP0,2 ETP0,4 ETP––
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

Christophe Tops

Director · since 13 décembre 2022

Active

Ended mandates

Sharon Popelier

Manager · since 08 août 2013 · until 14 novembre 2013

Ended
Thienpont Kris

Manager · since 03 septembre 2010

Ended
Tops Christophe

Manager · since 03 septembre 2010

Ended
Thienpont Kris

Manager · until 08 août 2013

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro 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 date25/08/202602/07/202519/07/202425/05/202328/06/202230/08/2021
General meeting18/08/202602/07/202519/07/202425/05/202327/06/202231/07/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/08/202625/08/2026DutchPDF
Abridged model31/12/202402/07/202502/07/2025DutchPDF
Abridged model31/12/202319/07/202419/07/2024DutchPDF
Micro model31/12/202225/05/202325/05/2023DutchPDF
Micro model31/12/202127/06/202228/06/2022DutchPDF
Micro model31/12/202031/07/202130/08/2021DutchPDF
Micro model31/12/201920/08/202028/08/2020DutchPDF
Micro model31/12/201829/06/201930/08/2019DutchPDF
Micro model31/12/201730/06/201830/08/2018DutchPDF
Micro model31/12/201624/06/201709/08/2017DutchPDF
Abridged model31/12/201525/06/201611/08/2016DutchPDF
Abridged model31/12/201427/06/201511/08/2015DutchPDF
Abridged model31/12/201328/06/201408/08/2014DutchPDF
Abridged model31/12/201224/04/201307/05/2013DutchPDF
Abridged model31/12/201130/06/201230/08/2012DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 6 ended

Active mandates

Christophe Tops

Director · since 13 décembre 2022

Active

Ended mandates

Sharon Popelier

Manager · since 08 août 2013 · until 14 novembre 2013

Ended
Thienpont Kris

Manager · since 03 septembre 2010

Ended
Tops Christophe

Manager · since 03 septembre 2010

Ended
Thienpont Kris

Manager · until 08 août 2013

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/12/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/12/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/08/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/09/2010
    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

Timeline

  1. 2025
    Annual accounts 202514,3 k €↓
  2. 2024
    Annual accounts 202473,5 k €↑
  3. 2023
    Annual accounts 202343,7 k €↑
  4. 2022
    Annual accounts 202218,6 k €↓
  5. 2021
    Annual accounts 202178,4 k €↑
  6. 2021
    Name changeT&T HEATING
  7. 2020
    Annual accounts 202032,4 k €↓
  8. 2019
    Annual accounts 201941,9 k €↑
  9. 2018
    Annual accounts 201819,8 k €↑
  10. 2017
    Annual accounts 2017-782 €↓
  11. 2016
    Annual accounts 201628,4 k €↓
  12. 2015
    Annual accounts 201549,8 k €↑
  13. 2014
    Annual accounts 2014-8,5 k €↓
  14. 2013
    Annual accounts 201312,3 k €↓
  15. 2012
    Annual accounts 201225 k €↑
  16. 2011
    Annual accounts 20112,4 k €
  17. 2011
    Name changeT&T HEATING SOLUTIONS
  18. 08/09/2010
    IncorporationPrivate limited company