Sector · NACE 3530

Steam and air conditioning supply

29 Belgian companies whose main activity falls under NACE code 3530 have filed annual accounts. Their median solvency is 35.0% for financial year 2025.

Companies29
Median solvency35.0%
Median equity218,767 €
Median headcount (FTE)6.4
Founded in the last 3 years3

Sector medians

Computed by Idonis

Distribution across the sector's companies for financial year 2025: a quarter of companies sit below the 1st quartile, half below the median, three quarters below the 3rd quartile.

Indicator1st quartileMedian3rd quartileCompanies
Solvency 5.6%35.0%63.7% 26
Current ratio 0.380.921.98 27
ROE -0.0%1.8%19.2% 21
Equity 55,288 €218,767 €€1.22m 27
Total assets 582,725 €€2.04m€7.14m 27
Net result −21,621 €4,526 €58,354 € 27
Headcount (avg FTE) 0.56.48.1 11

Medians computed by Idonis from annual accounts filed with the National Bank, all sizes combined. The same panel is the sector benchmark on every company page. Method

Largest companies: Steam and air conditioning supply

Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.

#Company Total assetsRevenue EquityFTEYear
1 Ecluse 9130 Beveren-Kruibeke-Zwijndrecht €63.6m — €29.2m — 2025
2 Finarmit 2600 Antwerp €33.9m — €10.5m — 2025
3 Noven Noord 9000 Ghent €18.0m — €10.0m — 2025
4 Mildevan 8480 Ichtegem €12.2m — €10.2m — 2025
5 Dehon Service Belgium 1090 Jette €8.05m €11.6m €3.51m 10.3 2025
6 528 Productions 8790 Waregem €7.98m — 79,089 € 15.3 2025
7 Icefactory Europe 2340 Beerse €7.58m — 341,160 € 6.4 2025
8 Karno 1150 Woluwe-Saint-Pierre €6.70m — 584,365 € 7.1 2025
9 Icelander 9700 Oudenaarde €4.71m — 474,627 € 8.5 2025
10 Warmte Verzilverd 2600 Antwerp €4.22m — €2.78m — 2025
11 Snow Events International 7780 Comines-Warneton €3.98m €1.41m −33,803 € 5.3 2025
12 Byont Zoutleeuw 3440 Zoutleeuw €3.32m — −€1.32m — 2025
13 Iceman 9700 Oudenaarde €2.37m — −155,624 € — 2025
14 BIO-Heat 8770 Ingelmunster €2.04m — €1.86m — 2025
15 Mycool 4530 Villers-le-Bouillet €1.93m — 256,204 € — 2026
16 Noven Home 9000 Ghent €1.30m — −30,754 € — 2025
17 Geothermal Innovation & Services 1030 Schaerbeek €1.26m — 372,953 € — 2025
18 LA Glaciere 1060 Saint-Gilles 891,329 € — 508,374 € 7.6 2025
19 Greendyle 1471 Genappe 750,756 € 62,965 € 156,150 € — 2025
20 Vaartwarmte 2300 Turnhout 605,428 € — −61 € — 2025

“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.

Where are they based?

  • East Flanders6
  • Antwerp5
  • Brussels-Capital5
  • West Flanders4
  • Walloon Brabant2
  • Hainaut2
  • Namur1
  • Limburg1
  • Flemish Brabant1
  • Liège1
  • Luxembourg1

Municipalities with the most

Related sectors

← The whole Electricity, gas, steam and air conditioning supply sector (NACE 35)

Frequently asked questions

How many Steam and air conditioning supply companies are there in Belgium?

29 Belgian companies whose main activity falls under NACE code 3530 (Steam and air conditioning supply) have filed annual accounts with the National Bank.

What is the median solvency in Steam and air conditioning supply?

For financial year 2025, median solvency (equity over total assets) is 35.0%. The middle half of companies lies between 5.6% and 63.7% (26 companies).

What is the largest company in Steam and air conditioning supply?

By total assets, it is Ecluse (€63.6m, financial year 2025).

Where are Steam and air conditioning supply companies based?

The municipalities with the most: Ghent (3), Beerse (2), Antwerp (2).

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Active companies (legal entities) that have filed at least one set of annual accounts, based on the Crossroads Bank for Enterprises and the National Bank of Belgium. The sector is the main activity in the register; the municipality is that of the registered office. Data updated on 11 Nov 2026.