Cyeco
Cyeco provides electrical, HVAC, and sanitary installation services for commercial and industrial buildings in Belgium, offering traditional purchase and bundled equipment-installation-maintenance subscription contracts.
- Company typePrivate
- Founded2017
- HeadquartersZaventem, Belgium
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Cyeco does
Cyeco is a Belgian technical services company (CYECO SRL) that designs, installs, and maintains electrical, HVAC, and sanitary systems for commercial and industrial buildings across Belgium. The company is organized around three core departments — Electrical Installations (LED relighting, power distribution, smart controls, safety systems), HVAC Solutions (heat pumps, cooling, ventilation, building automation), and Sanitary Installations (plumbing, bathroom fit-outs, hot water, pipe systems) — and has more recently extended its offering into solar panel installation and EV charger infrastructure to capture the building decarbonization wallet. Core technical components include KNX-certified building automation integration, BMS and zone controls, remote monitoring, and energy optimization across the installed equipment base.
Cyeco's commercial model rests on two complementary revenue streams: a traditional one-time installation model (€10K-€50K+ per project) and a subscription model that bundles equipment, installation, and ongoing maintenance into a fixed monthly fee on 3-5 year contracts. The subscription is positioned as a no-upfront-capex, opex-friendly alternative that lets customers upgrade to modern, energy-efficient systems while treating the cost as an operating expense. Supporting the funnel are interactive savings calculators (LED, heat pump, solar panel, EV charger) that produce preliminary estimates and convert into free consultation, on-site assessment, and a custom 48-hour quote. Go-to-market is direct enterprise field sales with no third-party channel partners, targeting commercial and industrial building owners and operators in Belgium.
Cyeco is a privately held, bootstrapped entity with no disclosed external funding and operates from a single headquarters in Zaventem. It holds Belgium- and EU-required credentials including CE-compliant equipment, PEB/EPB project compliance, VCA safety certification, RESCERT renewable energy certification, and KNX Partner status, and lists past contractor experience with SPIE, Imtech, EQUANS, Group IPS, and Eiffage. Equipment is sourced from major suppliers including Daikin, Samsung, and Philips.
Cyeco firmographics
Firmographics- Name
- Cyeco
- Legal name
- CYECO SRL
- Website
- https://cyeco.be
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Cyeco provides electrical, HVAC, and sanitary installation services for commercial and industrial buildings in Belgium, offering traditional purchase and bundled equipment-installation-maintenance subscription contracts.
- Ownership category
- akta.pro rank
Where Cyeco is headquartered
LocationHeadquarters
- HQ city
- Zaventem
- HQ country
- Belgium
- HQ region
- Europe
Offices1 record
Markets served
Cyeco business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain, Others
Revenue model
- Equipment Subscription: Recurring monthly subscription fees covering equipment, professional installation, and all maintenance and repairs. Equipment upgrades available over time. Standard contract terms of 3-5 years. At contract end, customers can renew, upgrade to newer technology, or purchase equipment at reduced residual value.
- Traditional Installation Services: One-time installation fees for customers who prefer to purchase equipment outright. Pricing varies by project scope, equipment type, and installation complexity.
- Professional Services: Time-and-materials billing for additional services, maintenance visits, and repairs outside subscription coverage. Minimum 45 minutes charged per assignment per employee per day.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | LED Relighting Subscription |
| Subscription | Monthly | Heat Pump Subscription |
| One time/ perpetual license | Pay-as-you-go | Solar Panel Installation |
| One time/ perpetual license | Pay-as-you-go | EV Charger Installation |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels3 records
Cyeco product offering
Product offeringCore offering
Cyeco provides electrical, HVAC (heating, ventilation, and air conditioning), and sanitary installation services for commercial and industrial buildings across Belgium. The company bundles equipment, professional installation, and ongoing maintenance into a subscription-based offering that eliminates upfront capital expenditure, supported by direct consultative sales, certified in-house technicians, and compliance with CE, PEB/EPB, VCA, RESCERT, and KNX Partner standards.
Product overview
Cyeco is a Belgian technical services company offering a portfolio of electrical, HVAC, and sanitary installation services with a subscription-based financing model. The core offering spans three departments: Electrical Installations (including LED relighting, power distribution, smart controls, safety systems), HVAC Solutions (heat pumps, cooling, ventilation, building controls), and Sanitary Installations (bathroom fit-outs, pipe systems, hot water, maintenance). These are complemented by subscription offerings for LED Relighting and Heat Pump systems that bundle equipment, installation, and maintenance into a single monthly fee. Online calculators for LED relighting, heat pumps, solar panels, and EV chargers support project estimation. The company serves commercial and industrial clients in Belgium with a focus on flexible financing and certified execution.
Differentiator
Problem solved
Functional benefit
Products and services
- Electrical Installations Complete electrical solutions including LED relighting with subscription model, power distribution, smart controls, and safety systems for commercial and industrial buildings in Belgium.
- HVAC Solutions Climate control solutions including heat pump systems (air-source, ground-source, hybrid), cooling and air conditioning, ventilation systems, and building automation controls for commercial and industrial buildings.
- Sanitary Installations Professional plumbing and sanitary installations including bathroom fit-outs, pipe systems, hot water solutions, and maintenance services for all commercial and industrial building types.
- LED Relighting Subscription Premium LED fixtures, professional installation, lighting design consultation, all maintenance and replacements, and energy monitoring delivered as a monthly subscription service for commercial and industrial spaces.
- Heat Pump Subscription High-efficiency heat pump system with professional installation and commissioning, annual maintenance, and repair and replacement coverage delivered as a monthly subscription for commercial and industrial clients.
- Solar Panel Installation Solar PV system installation (e.g., 6 kWp system with approximately 5,100 kWh annual production) eligible for Mijn VerbouwPremie premium in Flanders, with detailed payback analysis.
- EV Charger Installation
Quantifiable outcome
- LED relighting: up to €80/month savings (64% reduction) for 50 fluorescent fixtures example
- +3 more outcomes
Companies that use Cyeco
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Cyeco technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Cyeco partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor.
- SPIEminorExperience working with SPIE, a major technical services company, as a contractor/stakeholder on Belgian projects. SPIE operates in multiple European markets providing multi-technical services.
- ImtechminorExperience working with Imtech, a technical services provider, on Belgian projects. Imtech specializes in technical building installations and services.
- EQUANSminorExperience working with EQUANS, a major energy services company, on Belgian projects. EQUANS provides technical installation and facility management services.
- Group IPSminorExperience working with Group IPS on Belgian projects. Group IPS provides integrated project solutions for technical installations.
- EiffageminorExperience working with Eiffage, a major construction and concessions group, on Belgian construction projects. Eiffage Construction Belgium operates in building and civil engineering.
Scale indicators1 record
Recent moves6 records
Expansion highlights5 records
Cyeco competitors and assessment
Company assessmentDirect peers
- SPIE: European multi-technical services leader delivering electrical, HVAC, and mechanical building services. Named in Cyeco's own partnership data as a contractor/stakeholder on Belgian projects, and a direct competitor in the same technical-services category.
- EQUANS: Bouygues spin-off providing multi-technical and energy services for buildings across Europe. Listed as a Cyeco contractor partner in Belgium and competes head-to-head for commercial/industrial technical installation projects.
- GreenYellow: Energy-efficiency specialist offering LED relighting, energy performance contracts, and financing-style offerings for commercial clients. Closely comparable to Cyeco's subscription/financed energy-efficiency model.
- Helexia: European energy performance contractor delivering LED, solar, and energy-efficiency projects to commercial customers, often via financed or as-a-service arrangements. Similar business model and customer base to Cyeco.
- Signify: Philips Lighting spin-off and global lighting leader, with a dedicated Lighting-as-a-Service (LaaS) subscription offering for commercial customers. Directly mirrors Cyeco's LED relighting subscription model.
- Eiffage Énergie Systèmes: French multi-technical services group covering electrical, HVAC, and energy infrastructure for commercial and industrial customers. Listed by Cyeco as a Belgian construction partner; competes in the same technical-installation space.
- Imtech Belgium: Technical building installations and services provider in Belgium. Named in Cyeco's data as a Belgian contractor stakeholder and a comparable direct competitor in commercial technical installations.
Broad incumbents
- Engie Solutions: Subsidiary of global utility Engie providing multi-technical building services, HVAC, and energy-efficiency solutions across Europe. Operates at much larger scale than Cyeco but with overlapping service portfolio.
- Bosch Thermotechnology: Major European heat pump manufacturer and installer-network operator. Overlaps with Cyeco's heat pump subscription offering through equipment supply and service-network competition.
- Johnson Controls: Global building technologies provider spanning HVAC equipment, building automation, and energy services with subscription/managed-service offerings. Larger-scale analog to Cyeco's KNX-integrated HVAC and controls business.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Cyeco social profiles
Digital presenceCyeco compliance and trust
Trust signalCompliance6 records
Cyeco financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cyeco leadership team
Management profileNumber of profiles
Cyeco funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cyeco M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cyeco
What does Cyeco do?
Cyeco provides electrical, HVAC (heating, ventilation, and air conditioning), and sanitary installation services for commercial and industrial buildings across Belgium. The company bundles equipment, professional installation, and ongoing maintenance into a subscription-based offering that eliminates upfront capital expenditure, supported by direct consultative sales, certified in-house technicians, and compliance with CE, PEB/EPB, VCA, RESCERT, and KNX Partner standards.
Is Cyeco a public or private company?
Cyeco is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Cyeco founded?
Cyeco was founded in 2017. It employs 11 to 50 people.
Where is Cyeco based?
Cyeco is headquartered in Zaventem, Belgium, in the Europe region.
How does Cyeco make money?
Three revenue lines are on record. Equipment Subscription is the primary driver. The others are traditional Installation Services and professional Services.
Who are Cyeco's main competitors?
Direct peers on record are SPIE, EQUANS, GreenYellow, Helexia, Signify, Eiffage Énergie Systèmes and Imtech Belgium. Broad incumbents are Engie Solutions, Bosch Thermotechnology and Johnson Controls.
Does Cyeco have an API?
No public API is recorded for Cyeco.