Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
THERMIC ENGINEERING from Zaventem, company number BE0427934603, closed financial year 2025 with a result of € -53,816 after tax. For that financial year THERMIC ENGINEERING recorded revenue of € 99,732 and equity of € -426,701. Compared with financial year 2024, the result moved from € 6,679 to € -53,816. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ -426,701
▼ € 53,816 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -53,816
▼ still € 6,679 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -488,701.
People and assets in 2025
€ 29,420
▲ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 821,992
▼ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 2,949
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 99,732 | |
| Gross margin | € 299,989 | € -146,518 | € 68,416 | € 7,338 | ▼ 89% |
| Profit after taxes | € 133,507 | € -206,145 | € 6,679 | € -53,816 | ▼ € 60,495 |
| Equity | € -173,420 | € -379,564 | € -372,885 | € -426,701 | ▼ € 53,816 |
| Total debts | € 1,760,362 | € 1,898,315 | € 1,961,079 | € 2,051,182 | ▲ 5% |
| Cash | € 61,942 | € 4,182 | - | - | |
| Retained profit | € -235,420 | € -441,564 | € -434,885 | € -488,701 | ▼ € 53,816 |
| Bank debt | € 755,103 | € 869,630 | € 846,612 | € 821,992 | ▼ 3% |
| Balance sheet total | € 1,845,019 | € 1,776,827 | € 1,846,270 | € 1,882,557 | ▲ 2% |
Key figures of THERMIC ENGINEERING, 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 THERMIC ENGINEERING?
What happened at THERMIC ENGINEERING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 53,816 (▼ € 60,495 vs 2024). Source: NBB ↗
- New establishment in Zaventem. KBO
- Start of the company according to the CBE. KBO
In short
From € 133,507 profit in 2022 to € 53,816 loss in 2025.
Best year ever: 2022, with € 133,507 profit.
Establishments
Establishment units
Physical locations of this company
Weihoek 3 box A
1930 Zaventem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0427.934.603
- VAT number
- BE 0427.934.603
- Registered office
- Weihoek 3 bus A, 1930 Zaventem
- Names & denominations
- THERMIC ENGINEERING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 October 1985
- Peppol
- Active · Active since 23 Nov 2025
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