Financials
Financial year 2025
A.G. THERMO - SERVICE from Geraardsbergen, company number BE0459985777, closed financial year 2025 with a result of € 198 after tax. For that financial year A.G. THERMO - SERVICE recorded a gross margin of € 277,673 and equity of € 704,944. Compared with financial year 2024, the result moved from € -17,917 to € 198. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 704,944
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 198
▲ still € 17,917 loss in 2024
Profit after tax over the fiscal year.
€ 281,805
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 674,822.
People and assets in 2025
4.9
Average over the fiscal year, from the social balance sheet.
€ 238,437
▲ 6% vs 2024
€ 48,700 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.
€ 18,519
▼ 46% 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.
€ 170,732
▲ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,740
▲ € 15,983 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 236,535 | € 334,661 | € 249,529 | € 277,673 | ▲ 11% |
| Profit after taxes | € 11,986 | € 83,558 | € -17,917 | € 198 | ▲ € 18,115 |
| Equity | € 730,525 | € 814,083 | € 704,746 | € 704,944 | |
| Total debts | € 537,293 | € 560,756 | € 409,270 | € 433,235 | ▲ 6% |
| Cash | € 663,231 | € 759,116 | € 315,563 | € 281,805 | ▼ 11% |
| Retained profit | € 700,404 | € 783,962 | € 674,625 | € 674,822 | |
| Dividend | € 0 | € 0 | € 91,420 | € 0 | ▼ 100% |
| Balance sheet total | € 1,277,819 | € 1,384,839 | € 1,114,016 | € 1,138,179 | ▲ 2% |
| Employees (FTE) | 5.8 | 4.8 | 4.9 | 4.9 |
Key figures of A.G. THERMO - SERVICE, 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 A.G. THERMO - SERVICE?
What happened at A.G. THERMO - SERVICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 198. filed late Source: NBB ↗
- KURT VANDER PUTTEN became a director. NBB
- JAN VAN LEEUW became a director. NBB
- New establishment in Geraardsbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,986 profit in 2022 to € 198 profit in 2025.
Paid € 51,185 in corporate taxes since 2022.
Best year ever: 2023, with € 83,558 profit.
On average € 56,700 of value added per employee in 2025.
Management
Behind A.G. THERMO - SERVICE are KURT VANDER PUTTEN and JAN VAN LEEUW. The shares are held by KURT VANDER PUTTEN (91.9%) and JAN VAN LEEUW (8.1%).
Directors
According to the 2025 annual accounts
KURT VANDER PUTTEN
Director
Owns 91.9% directly
since 2024
JAN VAN LEEUW
Director
Owns 8.1% directly
since 2024
Shareholders
KURT VANDER PUTTEN · director
91.9%
JAN VAN LEEUW · director
8.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Herenveld(Sch) 20 box A
9500 Geraardsbergen
Herenveld(Sch) 20
9500 Geraardsbergen
Active since 3 April 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0459.985.777
- VAT number
- BE 0459.985.777
- Registered office
- Herenveld(Sch) 20 bus A, 9500 Geraardsbergen
- Names & denominations
- A.G. THERMO - SERVICE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 February 1997
- Peppol
- Active · Active since 21 Oct 2025
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