ACTIVE

HVAC-SYSTEMS

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

519,7 k €

+846.1% YoY

Gross margin

65,9 k €

+92.6% YoY

Equity

1,1 M €

+58.1% YoY

What does HVAC-SYSTEMS do?

HVAC-SYSTEMS is a Private limited company incorporated in 2005. Its main activity is: Agents involved in the sale of machinery, industrial equipment, ships and aircraft. Its registered office is in Knokke-Heist.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0878.177.721

Incorporation

26/12/2005

Legal form

Private limited company

Registered office

Krommedijk 43 box 1.3
8301 Knokke-Heist · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft· main 46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft 46742Wholesale of hardware, plumbing and heating equipment and supplies 46842Wholesale trade, except of motor vehicles and motorcycles 47540Retail sale of electrical household appliances in specialised stores 47540Retail sale of electrical household appliances in specialised stores+3

Contacts

3 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	65,9 k €	+92.6%	34,2 k €	+2022%	1,6 k €	-96.7%	48,8 k €	-62.7%	130,8 k €	+21.2%	108 k €	-12.7%	123,6 k €	+84.7%	66,9 k €	-30.4%	96,2 k €	+128%	42,1 k €	-46.5%	78,7 k €	+95.2%	40,3 k €	+26.9%	31,8 k €	+36.9%	23,2 k €	-0.4%	23,3 k €	-10.6%	26,1 k €	+67.2%	15,6 k €	-50.2%	31,3 k €	+93.2%	16,2 k €	+23.4%	13,1 k €
EBITDA	64 k €	+105%	31,2 k €	+608%	-6,1 k €	-113%	47,5 k €	-63.3%	129,6 k €	+35.7%	95,5 k €	-19.9%	119,2 k €	+80.8%	65,9 k €	-31.1%	95,7 k €	+130%	41,7 k €	-46.8%	78,3 k €	+96.2%	39,9 k €	+27.3%	31,3 k €	+37.6%	22,8 k €	-0.4%	22,9 k €	-10.7%	25,6 k €	+69.1%	15,2 k €	-50.9%	30,9 k €	+91.5%	16,1 k €	+22.8%	13,1 k €
Operating result	-25,5 k €	+27.0%	-34,9 k €	+39.9%	-58,2 k €	-511%	14,1 k €	-86.1%	101,5 k €	+17.1%	86,7 k €	-21.7%	110,7 k €	+72.4%	64,2 k €	-31.5%	93,8 k €	+159%	36,2 k €	-53.5%	77,9 k €	+97.2%	39,5 k €	+26.9%	31,1 k €	+36.6%	22,8 k €	+0.6%	22,6 k €	-10.8%	25,4 k €	+70.1%	14,9 k €	-51.7%	30,9 k €	+91.5%	16,1 k €	+30.2%	12,4 k €
Net result	519,7 k €	+846%	54,9 k €	+68.7%	32,6 k €	-66.6%	97,6 k €	-23.1%	127 k €	-21.0%	160,7 k €	-26.2%	217,6 k €	+374%	45,9 k €	-28.1%	63,8 k €	+128%	28 k €	-52.1%	58,4 k €	+87.6%	31,1 k €	+19.7%	26 k €	+31.1%	19,8 k €	-1.4%	20,1 k €	-3.5%	20,8 k €	+41.2%	14,8 k €	-50.5%	29,8 k €	+65.6%	18 k €	+42.0%	12,7 k €
Balance sheet
Equity	1,1 M €	+58.1%	670,4 k €	-11.8%	760,5 k €	+4.5%	727,9 k €	+10.2%	660,3 k €	+23.8%	533,3 k €	+34.1%	397,6 k €	+114%	186 k €	+32.7%	140,2 k €	+83.6%	76,4 k €	+21.8%	62,7 k €	+338%	14,3 k €	-80.7%	74,2 k €	+53.9%	48,2 k €	+69.7%	28,4 k €	+242%	8,3 k €	-1.9%	8,5 k €	-2.7%	8,7 k €	-1.9%	8,9 k €	-52.9%	18,9 k €
Total assets	1,5 M €	+37.8%	1,1 M €	+15.3%	917,7 k €	+1.8%	901,6 k €	+10.4%	816,4 k €	-28.2%	1,1 M €	+12.8%	1 M €	+129%	439,8 k €	-62.7%	1,2 M €	+402%	235,4 k €	+78.9%	131,6 k €	-6.4%	140,5 k €	+10.9%	126,8 k €	+147%	51,4 k €	+62.0%	31,7 k €	-56.3%	72,6 k €	+130%	31,6 k €	-32.8%	47,1 k €	-26.2%	63,8 k €	+120%	29 k €
Cash	196,7 k €	-20.6%	247,6 k €	+11.3%	222,4 k €	-38.5%	361,6 k €	-11.5%	408,6 k €	+47.3%	277,4 k €	-56.4%	635,9 k €	+521%	102,4 k €	-62.0%	269,4 k €	+264014%	102 €	-99.8%	62,2 k €	+164%	23,5 k €	+289%	6,1 k €		–		4,8 k €	-91.9%	59,4 k €	+269%	16,1 k €	-22.0%	20,6 k €	-18.2%	25,2 k €	+38.4%	18,2 k €
Debts	398 k €	+2.5%	388,1 k €	+150%	155,2 k €	-10.5%	173,5 k €	+11.3%	155,9 k €	-74.1%	602,9 k €	-1.1%	609,8 k €	+140%	253,6 k €	-75.6%	1 M €	+555%	158,9 k €	+131%	68,8 k €	-45.5%	126,1 k €	+140%	52,5 k €	+1572%	3,1 k €	-4.7%	3,3 k €	-94.9%	64,3 k €	+178%	23,2 k €	-39.6%	38,4 k €	-30.2%	54,9 k €	+441%	10,1 k €

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 · 2 active · 6 ended

Active mandates

Valérie Maertens

Director · since 08 janvier 2018

Active

Geert Engels

Director · since 26 décembre 2005

Active

Ended mandates

Valerie Maertens

Manager · since 08 janvier 2018

Ended

Valérie Maertens

Director · since 01 janvier 2018

Ended

Geert Engels

Mandate

Ended

Geert Engels

Director

Ended

At this address

Other companies at this address

Company	CBE no.
Climanova Consult● Active	1014.059.378
POSITIVE CHANGE● Active	0719.364.272

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro 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	27/04/2026	16/04/2025	02/05/2024	20/04/2023	20/05/2022	30/04/2021
General meeting	04/04/2026	05/04/2025	06/04/2024	01/04/2023	23/04/2022	03/04/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	04/04/2026	27/04/2026	Dutch	PDF
Micro model	31/12/2024	05/04/2025	16/04/2025	Dutch	PDF
Abridged model	31/12/2023	06/04/2024	02/05/2024	Dutch	PDF
Abridged model	31/12/2022	01/04/2023	20/04/2023	Dutch	PDF
Abridged model	31/12/2021	23/04/2022	20/05/2022	Dutch	PDF
Abridged model	31/12/2020	03/04/2021	30/04/2021	Dutch	PDF
Abridged model	31/12/2019	04/04/2020	04/05/2020	Dutch	PDF
Abridged model	31/12/2018	06/04/2019	06/05/2019	Dutch	PDF
Micro model	31/12/2017	07/04/2018	07/05/2018	Dutch	PDF
Micro model	31/12/2016	01/04/2017	28/04/2017	Dutch	PDF
Abridged model	31/12/2015	02/04/2016	02/05/2016	Dutch	PDF
Abridged model	31/12/2014	04/04/2015	04/05/2015	Dutch	PDF
Abridged model	31/12/2013	05/04/2014	22/04/2014	Dutch	PDF
Abridged model	31/12/2012	06/04/2013	03/05/2013	Dutch	PDF
Abridged model	31/12/2011	07/04/2012	02/05/2012	Dutch	PDF
Abridged model	31/12/2010	02/04/2011	28/04/2011	Dutch	PDF
Abridged model	31/12/2009	03/04/2010	30/04/2010	Dutch	PDF
Abridged model	31/12/2008	04/04/2009	28/04/2009	Dutch	PDF
Abridged model	31/12/2007	05/04/2008	29/04/2008	Dutch	PDF
Abridged model	31/12/2006	07/04/2007	07/05/2007	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 · 2 active · 6 ended

Active mandates

Valérie Maertens

Director · since 08 janvier 2018

Active

Geert Engels

Director · since 26 décembre 2005

Active

Ended mandates

Valerie Maertens

Manager · since 08 janvier 2018

Ended

Valérie Maertens

Director · since 01 janvier 2018

Ended

Geert Engels

Mandate

Ended

Geert Engels

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office16/06/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates19/04/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/01/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office31/03/2014
MAATSCHAPPELIJKE ZETEL
PDF
Registered office22/11/2010
MAATSCHAPPELIJKE ZETEL
PDF
Other05/01/2006
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 2025519,7 k €↑
2024
Annual accounts 202454,9 k €↑
2023
Annual accounts 202332,6 k €↓
2022
Annual accounts 202297,6 k €↓
2021
Annual accounts 2021127 k €↓
2020
Annual accounts 2020160,7 k €↓
2019
Annual accounts 2019217,6 k €↑
2018
Annual accounts 201845,9 k €↓
2017
Annual accounts 201763,8 k €↑
2016
Annual accounts 201628 k €↓
2015
Annual accounts 201558,4 k €↑
2014
Annual accounts 201431,1 k €↑
2013
Annual accounts 201326 k €↑
2012
Annual accounts 201219,8 k €↓
2011
Annual accounts 201120,1 k €↓
2010
Annual accounts 201020,8 k €↑
2009
Annual accounts 200914,8 k €↓
2008
Annual accounts 200829,8 k €↑
2007
Annual accounts 200718 k €↑
2006
Annual accounts 200612,7 k €
26/12/2005
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

HVAC-SYSTEMS

Overview

What does HVAC-SYSTEMS do?

Trend over 20 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