ACTIVE

ASSOCIATION OF THE EUROPEAN HEATING INDUSTRY

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Financial year 2025 · Closed on 31/12/2025

Net result-99,5 k €-296,7 %over 1 year

Gross margin1,1 M €-3,9 %over 1 year

Equity985,7 k €-9,2 %over 1 year

Workforce10,4 ETP+3,0 %over 1 year

Identity

Source · BCE/KBO

ASSOCIATION OF THE EUROPEAN HEATING INDUSTRY is a International non-profit organization incorporated in 2004. Its main activity is: Activities of business and employers membership organisations. Its registered office is in Ixelles. It employs on average 10,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0869.856.507
Incorporation: 03/11/2004
Legal form: International non-profit organization
Registered office: Rue du Trône 60
1050 Ixelles · BruxellesSee on map
Latest accounts: 31/12/2025
Average workforce: 10,4 ETP

Activities (NACE)

94110Activities of business and employers membership organisations· main 94110Activities of business and employers membership organisations

Joint committees (2)

Signals

Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 12 filings

Trend over 12 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,1 M €	-3.9%	1,2 M €	-2.8%	1,2 M €	+59.4%	760,1 k €	-9.0%	835,6 k €
EBITDA	-93,5 k €	-265%	56,6 k €	-70.3%	190,9 k €	+376%	-69,3 k €	-347%	28 k €
Operating result	-96,2 k €	-278%	54 k €	-70.0%	179,7 k €	+325%	-79,8 k €	-552%	17,7 k €
Net result	-99,5 k €	-297%	50,6 k €	-71.6%	177,7 k €	+308%	-85,4 k €	-1025%	9,2 k €
Balance sheet
Equity	985,7 k €	-9.2%	1,1 M €	+4.9%	1 M €	+20.7%	856,9 k €	-9.1%	942,3 k €
Total assets	1,3 M €	-7.1%	1,4 M €	-0.9%	1,4 M €	+34.6%	1,1 M €	-4.5%	1,1 M €
Cash	1,1 M €	-13.5%	1,3 M €	-0.4%	1,3 M €	+23.8%	1 M €	-2.9%	1 M €
Debts	243,2 k €	+11.5%	218,1 k €	-9.7%	241,4 k €	+24.1%	194,5 k €	+13.9%	170,7 k €
Other
Workforce	10,4 ETP	+3.0%	10,1 ETP	+11.0%	9,1 ETP	+21.3%	7,5 ETP	+7.1%	7,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

14 active · 24 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anna Charlotte Poulsen	Directorsince 14/06/2024
Emmanuel Ribaud	Directorsince 14/03/2024
Tjarko Bouman	Directorsince 01/02/2024
Antonio Recinella	Directorsince 22/11/2023
Norbert Schiedeck	Directorsince 10/06/2022
Thomas HEIM	Directorsince 07/06/2019Vice-chairman of the board of directorssince 10/06/2022endedVice-président du Conseil d'Administrationsince 07/06/2019endedother_3ended
Jan Brockmann	Chairman of the board of directorsVice-président du Conseil d'Administrationsince 10/11/2021ended
Jörg METZGER	Directorsince 01/06/2021
Patrick CROMBEZ	Directorsince 09/10/2020
Federico DE STEFANI	Directorsince 16/05/2014
Ilari AHO	Directorsince 06/06/2018
Paolo MERLONI	Directorsince 06/06/2018
Pierre-Louis FRANCOIS	Directorsince 16/05/2014
Alberto MONTANINI	Directorsince 10/06/2008

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Filippo Maltempi	Director04/03/2024 → 14/06/2024
Riccardo Garré	Director15/07/2023 → 21/11/2023
Bertrand Gérard SCHMITT	Chairman of the board of directorssince 10/06/2022

Other companies at this address

Rue du Trône 60 1050 Ixelles

Company	CBE no.
ClientEarth● Active	0714.925.038
ECOLE-IT● Bankrupt	0402.793.290
FORTEGRA BELGIUM INSURANCE COMPANY● Active	1007.742.896
FORTEGRA EUROPE HOLDINGS● Active	1015.718.771
gobal alliance of mental illness advocacy networks europe alliance globale de defense des maladies mentales reseau europe● Active	0884.400.666
Health First Europe● Active	0882.946.557
Kanemia Consulting & Services● Active	0781.998.261
L’Association Internationale des Personnes Lesbiennes, Gays, Bisexuelles, Trans et Intersexes de la Région Européenne● Active	0476.617.319
Le Centre Tchèque● Active	0895.650.983
NETAXIS SOLUTIONS● Active	0828.790.071
PORTICUS BELGIE● Active	0862.480.547
Syndicat des Importateurs de Gros Materiel Anglo-Americain● Active	0410.736.305

Full financial information

Source · NBB

	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	02/07/2026	17/06/2025	15/07/2024	14/07/2023	06/07/2022	27/10/2021
General meeting	29/05/2026	06/06/2025	14/06/2024	30/06/2023	10/06/2022	19/10/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 12 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/05/2026	02/07/2026	French	PDF
Abridged model	31/12/2024	06/06/2025	17/06/2025	French	PDF
Abridged model	31/12/2023	14/06/2024	15/07/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	14/07/2023	French	PDF
Abridged model	31/12/2021	10/06/2022	06/07/2022	French	PDF
Abridged model	31/12/2020	19/10/2021	27/10/2021	French	PDF
Abridged model	31/12/2019	21/08/2020	08/09/2020	French	PDF
Abridged model	31/12/2018	07/06/2019	29/08/2019	French	PDF
Abridged model	31/12/2017	06/06/2018	18/07/2018	French	PDF
Abridged model	31/12/2016	23/06/2017	21/08/2017	French	PDF
Abridged model	31/12/2015	10/06/2016	10/08/2016	French	PDF
Abridged model	31/12/2014	12/06/2015	26/08/2015	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

14 active · 24 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anna Charlotte Poulsen	Directorsince 14/06/2024
Emmanuel Ribaud	Directorsince 14/03/2024
Tjarko Bouman	Directorsince 01/02/2024
Antonio Recinella	Directorsince 22/11/2023
Norbert Schiedeck	Directorsince 10/06/2022
Thomas HEIM	Directorsince 07/06/2019Vice-chairman of the board of directorssince 10/06/2022endedVice-président du Conseil d'Administrationsince 07/06/2019endedother_3ended
Jan Brockmann	Chairman of the board of directorsVice-président du Conseil d'Administrationsince 10/11/2021ended
Jörg METZGER	Directorsince 01/06/2021
Patrick CROMBEZ	Directorsince 09/10/2020
Federico DE STEFANI	Directorsince 16/05/2014
Ilari AHO	Directorsince 06/06/2018
Paolo MERLONI	Directorsince 06/06/2018
Pierre-Louis FRANCOIS	Directorsince 16/05/2014
Alberto MONTANINI	Directorsince 10/06/2008

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Filippo Maltempi	Director04/03/2024 → 14/06/2024
Riccardo Garré	Director15/07/2023 → 21/11/2023
Bertrand Gérard SCHMITT	Chairman of the board of directorssince 10/06/2022

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office25/08/2026
CHANGEMENT SIÈGE (ADRESSE)
PDF
Mandates31/10/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates10/10/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates05/09/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates01/03/2022
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates12/08/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates15/10/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates25/03/2019
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings12 filings

Mandates

Anna Charlotte Poulsen

Emmanuel Ribaud

Filippo Maltempi

Tjarko Bouman

Antonio Recinella

Riccardo Garré

Thomas HEIM

Bertrand Gérard SCHMITT

Norbert Schiedeck

Jan Brockmann

Jann BROCKMANN

Jörg METZGER

and 23 more mandates

20042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

EUROPEAN HEATING INDUSTRYASSOCIATION OF THE EUROPEAN HEATING INDUSTRY

AVENUE DES ARTS 40, 1040 Etterbeek

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue du Trône 60, 1050 IxellesCurrent		CBE
RUE DU TRONE 60, 1040 Etterbeek	accounts 2025	Accounts 2025 · 2026-00240104
AVENUE DES ARTS 40, 1040 Etterbeek	accounts 2021 → 2024	Accounts 2024 · 2025-00156118

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ASSOCIATION OF THE EUROPEAN HEATING INDUSTRYCurrent		CBE
EUROPEAN HEATING INDUSTRY	accounts 2021 → 2025	Accounts 2025 · 2026-00240104
ASSOCIATION OF THE EUROPEAN HEATING INDUSTRY	accounts 2014 → 2020	Accounts 2020 · 2021-73600356

Events

2025
Annual accounts 2025-99,5 k €↓
2024
Annual accounts 202450,6 k €↓
2023
Annual accounts 2023177,7 k €↑
2022
Annual accounts 2022-85,4 k €↓
2021
Annual accounts 20219,2 k €↓
2021
Name changeEUROPEAN HEATING INDUSTRY
2020
Annual accounts 202061,9 k €↑
2019
Annual accounts 201921,1 k €↑
2018
Annual accounts 2018-4,6 k €↓
2017
Annual accounts 201722,4 k €↑
2016
Annual accounts 2016-62,6 k €↓
2015
Annual accounts 2015-32,3 k €↓
2014
Annual accounts 201479,9 k €
03/11/2004
IncorporationInternational non-profit organization

ASSOCIATION OF THE EUROPEAN HEATING INDUSTRY

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events