Financials
Financial year 2025
THERMELEC from Destelbergen, company number BE0416577188, closed financial year 2025 with a result of € -27,597 after tax. For that financial year THERMELEC recorded revenue of € 770,700 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 7,097 to € -27,597. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 12, 2026.
€ 1.6 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -27,597
▼ still € 7,097 profit in 2024
Profit after tax over the fiscal year.
€ 539,600
▲ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.5 million.
People and assets in 2025
1.5
▼ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 85,711
▼ 61% vs 2024
€ 57,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,525
▼ 71% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 48,282
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 26 days on average.
€ 37,096
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,405,604 | € 1,177,332 | € 937,887 | € 770,700 | ▼ 18% |
| Profit after taxes | € 12,418 | € -94,330 | € 7,097 | € -27,597 | ▼ € 34,694 |
| Equity | € 1,709,816 | € 1,615,486 | € 1,622,584 | € 1,594,987 | ▼ 2% |
| Total debts | € 75,253 | € 90,340 | € 88,726 | € 86,915 | ▼ 2% |
| Cash | € 515,762 | € 250,278 | € 463,182 | € 539,600 | ▲ 16% |
| Retained profit | € 1,648,316 | € 1,553,986 | € 1,561,084 | € 1,533,487 | ▼ 2% |
| Balance sheet total | € 1,785,069 | € 1,705,826 | € 1,711,310 | € 1,681,902 | ▼ 2% |
| Employees (FTE) | 3.7 | 3.1 | 3.5 | 1.5 | ▼ 2 |
Key figures of THERMELEC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to THERMELEC?
What happened at THERMELEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 27,597 (▼ € 34,694 vs 2024). Source: NBB ↗
- New establishment in Destelbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,418 profit in 2022 to € 27,597 loss in 2025.
Paid € 7,549 in corporate taxes since 2022.
Best year ever: 2022, with € 12,418 profit.
Pays suppliers within 26 days on average.
Management
Establishments
Establishment units
Physical locations of this company
Dendermondesteenweg 258
9070 Destelbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0416.577.188
- VAT number
- BE 0416.577.188
- Registered office
- Dendermondesteenweg 258, 9070 Destelbergen
- Names & denominations
- THERMELEC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 November 1976
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- thermelec.be [email protected]
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