ACTIVE

ED VERWARMING

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Financial year 2025 · closed on 31/12/2025

Net result

43,8 k €

+6.8% YoY

Gross margin

653,2 k €

-8.5% YoY

Equity

55,5 k €

+373.7% YoY

Workforce

7,5 ETP

What does ED VERWARMING do?

ED VERWARMING is a Private limited company incorporated in 2008. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Bilzen-Hoeselt. It employs on average 7,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0898.981.548

Incorporation

02/07/2008

Legal form

Private limited company

Registered office

Bremakker 27A
3740 Bilzen-Hoeselt · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Average workforce

7,5 ETP

Activities (NACE)

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

Joint committees (1)

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 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	653,2 k €	-8.5%	714 k €	+77.3%	402,8 k €	+72.4%	233,6 k €	+22.4%	190,9 k €	+123%	85,5 k €	-27.3%	117,6 k €	-3.4%	121,7 k €	+286%	31,6 k €	+25.1%	25,2 k €	+38.1%	18,3 k €	-20.3%	22,9 k €	-33.0%	34,2 k €	+50.9%	22,7 k €	-27.3%	31,2 k €	-33.7%	47 k €	+92.2%	24,5 k €
EBITDA	80 k €	-5.9%	84,9 k €	+227%	-67,1 k €	-391%	23,1 k €	-44.4%	41,6 k €	+241%	-29,4 k €	-214%	25,9 k €	-42.5%	45 k €	+1226%	3,4 k €	-85.9%	24,1 k €	+41.9%	17 k €	+1424%	-1,3 k €	-105%	26,3 k €	+36.0%	19,4 k €	-30.7%	27,9 k €	-39.2%	45,9 k €	+130%	20 k €
Operating result	69 k €	-7.1%	74,3 k €	+192%	-80,3 k €	-826%	11,1 k €	-65.1%	31,7 k €	+186%	-36,7 k €	-303%	18,1 k €	-52.8%	38,4 k €	+1471%	-2,8 k €	-116%	18 k €	+92.2%	9,4 k €	+198%	-9,6 k €	-148%	20 k €	+81.5%	11 k €	-43.9%	19,6 k €	-40.5%	33 k €	+1258%	-2,8 k €
Net result	43,8 k €	+6.8%	41 k €	+139%	-105,3 k €	-4965%	2,2 k €	-90.5%	22,9 k €	+153%	-43,1 k €	-509%	10,5 k €	-58.9%	25,6 k €	+463%	-7,1 k €	-161%	11,5 k €	+143%	4,7 k €	+134%	-13,7 k €	-202%	13,5 k €	+129%	5,9 k €	-53.3%	12,7 k €	-45.8%	23,3 k €	+531%	-5,4 k €
Balance sheet
Equity	55,5 k €	+374%	11,7 k €	+140%	-29,3 k €	-139%	76 k €	+2.9%	73,8 k €	+44.9%	51 k €	-45.8%	94 k €	+12.6%	83,5 k €	+44.3%	57,9 k €	-10.9%	64,9 k €	+21.5%	53,4 k €	+9.7%	48,7 k €	-22.0%	62,4 k €	+27.6%	48,9 k €	+13.8%	43 k €	+41.7%	30,3 k €	+334%	7 k €
Total assets	661,4 k €	+4.2%	634,6 k €	-8.8%	695,5 k €	+43.8%	483,8 k €	+61.4%	299,8 k €	+22.8%	244,2 k €	-2.7%	251 k €	+20.2%	208,8 k €	+44.8%	144,2 k €	+3.6%	139,2 k €	-16.1%	165,9 k €	+14.7%	144,7 k €	+45.5%	99,5 k €	+14.0%	87,2 k €	-16.5%	104,5 k €	-18.5%	128,3 k €	+70.0%	75,5 k €
Cash	18,8 k €	-68.1%	59 k €	+68.8%	34,9 k €	+11.6%	31,3 k €		–		–		12 k €	-25.7%	16,1 k €		–		14,2 k €	+24.2%	11,4 k €	+210755%	5,4 €	-100.0%	20,7 k €	+191%	7,1 k €	-71.7%	25,1 k €	+95.4%	12,8 k €	+23.9%	10,4 k €
Debts	576,6 k €	-3.5%	597,5 k €	-7.9%	648,7 k €	+59.1%	407,8 k €	+80.5%	226 k €	+16.9%	193,3 k €	+23.6%	156,4 k €	+25.4%	124,8 k €	+45.3%	85,9 k €	+15.9%	74,1 k €	-34.1%	112,5 k €	+17.2%	96 k €	+159%	37 k €	-3.4%	38,3 k €	-37.7%	61,5 k €	-37.2%	98 k €	+43.1%	68,5 k €
Other
Workforce	7,5 ETP		–		–		4,2 ETP	+35.5%	3,1 ETP	+10.7%	2,8 ETP	+33.3%	2,1 ETP		–		–		–		–		0,4 ETP	+100%	0,2 ETP	+100%	0,1 ETP	0.0%	0,1 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Eddy Cleuren

Bestuurder · since 25 septembre 2023

Active

Michael Cleuren

Bestuurder · since 25 septembre 2023

Active

Ended mandates

Michael Cleuren

Director · since 26 juillet 2017

Ended

Michael Cleuren

Manager · since 26 juillet 2017

Ended

Ludovicus CLEUREN

Manager · since 04 août 2008

Ended

Eddy Cleuren

Director · since 02 juillet 2008

Ended

At this address

Other companies at this address

Company	CBE no.
MC-Ecoheating&Cooling● Active	0731.874.304

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Micro model	Micro 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	24/06/2026	11/06/2025	11/06/2025	19/07/2023	18/07/2022	26/07/2021
General meeting	23/06/2026	10/06/2025	23/06/2024	30/06/2023	30/06/2022	30/06/2021
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	23/06/2026	24/06/2026	Dutch	PDF
Micro model	31/12/2024	10/06/2025	11/06/2025	Dutch	PDF
Micro model	31/12/2023	23/06/2024	11/06/2025	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	19/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	18/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	26/07/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	24/07/2020	Dutch	PDF
Micro model	31/12/2018	30/06/2019	23/07/2019	Dutch	PDF
Micro model	31/12/2017	29/06/2018	15/08/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	21/08/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	09/08/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	12/08/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	01/10/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	31/07/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	07/08/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	29/07/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	30/07/2010	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 2 active · 6 ended

Active mandates

Eddy Cleuren

Bestuurder · since 25 septembre 2023

Active

Michael Cleuren

Bestuurder · since 25 septembre 2023

Active

Ended mandates

Michael Cleuren

Director · since 26 juillet 2017

Ended

Michael Cleuren

Manager · since 26 juillet 2017

Ended

Ludovicus CLEUREN

Manager · since 04 août 2008

Ended

Eddy Cleuren

Director · since 02 juillet 2008

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/09/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office11/03/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates18/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/04/2009
KAPITAAL - AANDELEN
PDF
Mandates18/08/2008
ONTSLAGEN - BENOEMINGEN
PDF
Other04/07/2008
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 202543,8 k €↑
2024
Annual accounts 202441 k €↑
2023
Annual accounts 2023-105,3 k €↓
2022
Annual accounts 20222,2 k €↓
2021
Annual accounts 202122,9 k €↑
2020
Annual accounts 2020-43,1 k €↓
2019
Annual accounts 201910,5 k €↓
2018
Annual accounts 201825,6 k €↑
2017
Annual accounts 2017-7,1 k €↓
2016
Annual accounts 201611,5 k €↑
2015
Annual accounts 20154,7 k €↑
2014
Annual accounts 2014-13,7 k €↓
2013
Annual accounts 201313,5 k €↑
2012
Annual accounts 20125,9 k €↓
2011
Annual accounts 201112,7 k €↓
2010
Annual accounts 201023,3 k €↑
2009
Annual accounts 2009-5,4 k €
02/07/2008
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

ED VERWARMING

Overview

What does ED VERWARMING do?

Trend over 17 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