Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
THERIMO from Wevelgem, company number BE0468461005, closed financial year 2025 with a result of € -75,746 after tax. For that financial year THERIMO recorded a gross margin of € 99,021 and equity of € 690,109. Compared with financial year 2024, the result moved from € -60,711 to € -75,746. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 690,109
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -75,746
▼ 25 % more loss than in 2024
Profit after tax over the fiscal year.
€ 25,596
▲ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -483,291.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 2.5 million
Loans from banks and other lenders, long and short.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 78,428 | € 74,670 | € 95,892 | € 99,021 | ▲ 3% |
| Profit after taxes | € -22,893 | € -46,970 | € -60,711 | € -75,746 | ▼ € 15,035 |
| Equity | € 873,537 | € 826,566 | € 765,855 | € 690,109 | ▼ 10% |
| Total debts | € 1,721,236 | € 1,716,749 | € 2,311,138 | € 2,517,311 | ▲ 9% |
| Cash | € 111,156 | € 44,797 | € 22,705 | € 25,596 | ▲ 13% |
| Land & buildings | € 2,405,697 | € 2,383,416 | € 2,886,216 | € 2,951,059 | ▲ 2% |
| Retained profit | € -299,863 | € -346,834 | € -407,545 | € -483,291 | ▼ € 75,746 |
| Bank debt | € 0 | € 0 | € 0 | € 2,515,317 | |
| Balance sheet total | € 2,594,773 | € 2,543,315 | € 3,076,993 | € 3,207,420 | ▲ 4% |
Key figures of THERIMO, 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 THERIMO?
What happened at THERIMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Paul Thermote stepped down as director. NBB
- John Laebens stepped down as director. NBB
- Ann Thermote stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 75,746. Source: NBB ↗
- New establishment in Wevelgem. KBO
- Paul Thermote became a director. NBB
- John Laebens became a director. NBB
- Ann Thermote became a director. NBB
In short
From € 22,893 loss in 2022 to € 75,746 loss in 2025.
Management
The stake of PATRIMOTE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
THERIMOThe shares are held by PATRIMOTE (97.3%).
Directors
According to the 2025 annual accounts
Paul Thermote
Director
since 2024 · until 2029
since 2024 · until 2029
Ann Thermote
Director
Also active at: MIDEX INTERNATIONAL, BERAN MANAGEMENT, Waregem RE, HM COLLECTION, TVH Global, ECHLIN INVEST
since 2024 · until 2029
Shareholders
97.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Driemasten 126
8560 Wevelgem
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
- 0468.461.005
- VAT number
- BE 0468.461.005
- Registered office
- Driemasten 126, 8560 Wevelgem
- Names & denominations
- THERIMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 1999
- Peppol
- Active · Active since 26 Jun 2025