Hydronic System Optimisation NV

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Hydronic System Optimisation NV - overview

Established

2013

Location

Antwerp, -, Belgium

Primary Industry

Software

About

Hydronic System Optimisation NV develops advanced HVAC engineering software to optimize heating, cooling, and air handling systems, enhancing energy efficiency and sustainability in commercial construction and facility management sectors. Founded in 2013 and headquartered in Antwerp, Belgium, Hydronic System Optimisation NV specializes in software solutions for HVAC systems. The company has engaged in 2 funding rounds, with the most recent funding round occurring on November 18, 2022, in which they raised EUR 5. 3 million from Junction Growth Investors, Rise PropTech, SPDG, and Qbic Fund.


The firm is led by CEO Roel Vandenbulcke, who has an extensive background in the field. Hysopt specializes in advanced HVAC engineering software designed to optimize the design and operation of heating, cooling, and air handling systems. Their core product offerings include the Hysopt Simulator, which allows users to simulate and validate system performance through dynamic HVAC digital twins, and the Hysopt Designer, which combines P&ID modeling with hydraulic validation to enhance energy efficiency and reduce CO₂ emissions. Additionally, the Hysopt Calculator automates technical design tasks, while the Hysopt BIM Syncer integrates HVAC calculations with Building Information Modeling (BIM) to ensure alignment across engineering workflows.


The company primarily serves HVAC professionals and engineers in various sectors, including commercial construction and facility management, with a focus on markets such as Europe and North America, where there is a strong demand for sustainable and efficient HVAC solutions. In 2022, Hysopt generated EUR 2,535,827. 60 in revenue, while in 2023, the EBITDA was EUR -1,642,354. 40.


Hysopt generates revenue through a subscription model for its suite of software products, which includes the Hysopt Simulator, Designer, Calculator, and BIM Syncer. Clients, typically HVAC companies and engineering firms, engage with Hysopt on a B2B basis, acquiring licenses to utilize these tools for their projects. The pricing structure is based on annual subscriptions, allowing firms access to a comprehensive set of functionalities designed for simulation, calculation, and validation of complex HVAC systems. Revenue is also supported by partnerships with industry leaders and educational institutions, enhancing the value proposition of Hysopt's offerings in the competitive HVAC market.


In November 2022, Hydronic System Optimisation NV raised EUR 5. 3 million in venture funding to support its research and development team and expansion into new markets, specifically targeting Germany. The company plans to leverage this funding to enhance its product offerings and grow its presence in the HVAC software market. Hysopt is focused on upcoming product launches and continual improvements to its existing software to meet the evolving needs of its clients.


Current Investors

Qbic Fund, SPDG, Rise PropTech

Primary Industry

Software

Sub Industries

Engineering Software, Analytics & Performance Software

Website

www.hysopt.com

Verticals

Cloud Computing

Total Amount Raised

Subscriber access only

Hydronic System Optimisation NV - timeline of key events

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Hydronic System Optimisation NV - financials

Fiscal Year EndedDec 31, 2014Dec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)---697,743894,170969,0151,226,5262,173,676---
% Revenue Growth (YoY)----28.2%8.4%26.6%77.2%---
EBITDA (USD)(347,139)(328,800)(449,577)(33,073)(194,926)(491,536)(801,336)(615,583)---
Operating Income (USD)(348,544)(330,205)(455,241)(38,618)(210,085)(512,548)(822,473)(636,482)---
Operating Margin---(5.5%)(23.5%)(52.9%)(67.1%)(29.3%)---
% EBITDA Margin---(4.7%)(21.8%)(50.7%)(65.3%)(28.3%)---
NET Income (USD)(348,165)(349,056)(484,817)(49,897)(230,492)(527,968)(841,724)(675,593)---
% Net Margin---(7.2%)(25.8%)(54.5%)(68.6%)(31.1%)---

Hydronic System Optimisation NV - employee data

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