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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
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Legal situation KBO
Vrijwillige ontbinding – vereffening according to the CBE.
Financials
Financial year 2025
BELGIUM THERMIC from Thimister-Clermont, company number BE0508627814, closed financial year 2025 with a result of € -509,799 after tax. For that financial year BELGIUM THERMIC recorded a gross margin of € -3,240 and equity of € -3.1 million. Compared with financial year 2024, the result moved from € -5,426 to € -509,799. 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 November 26, 2025.
€ -3.1 million
▼ € 509,799 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -509,799
▼ 9295 % more loss than in 2024
Profit after tax over the fiscal year.
€ 19,469
▼ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.4 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 751,578
€ 5,596 is repaid this year. At this pace the long-term loan is gone in ≈ 91 years.
€ 1.5 million
Supplier invoices still open on the last day of the fiscal year.
€ 129,592
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,268 | € -2,304 | € -5,456 | € -3,240 | ▲ € 2,216 |
| Profit after taxes | € -2,492 | € -2,541 | € -5,426 | € -509,799 | ▼ € 504,372 |
| Equity | € -2,596,619 | € -2,599,160 | € -2,606,425 | € -3,116,224 | ▼ € 509,799 |
| Total debts | € 2,857,126 | € 2,510,168 | € 2,437,627 | € 2,435,679 | |
| Cash | € 73,790 | € 104,274 | € 24,467 | € 19,469 | ▼ 20% |
| Retained profit | € -2,896,619 | € -2,899,160 | € -2,906,425 | € -3,416,224 | ▼ € 509,799 |
| Bank debt | € 1,127,289 | € 823,803 | € 751,578 | € 751,578 | |
| Balance sheet total | € 987,183 | € 637,685 | € 557,879 | € 46,133 | ▼ 92% |
Key figures of BELGIUM THERMIC, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to BELGIUM THERMIC?
What happened at BELGIUM THERMIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
BELGIUM THERMIC is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.
- New annual accounts for financial year 2025: loss of € 509,799. Source: NBB ↗
- New establishment in Thimister-Clermont. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,492 loss in 2021 to € 509,799 loss in 2025.
Establishments
Establishment units
Physical locations of this company
Rue Grondal 4
4890 Thimister-Clermont
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0508.627.814
- VAT number
- BE 0508.627.814
- Registered office
- Rue Grondal 4, 4890 Thimister-Clermont
- Names & denominations
- BELGIUM THERMIC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Vrijwillige ontbinding – vereffening
- Start date
- 20 December 2012
- Peppol
- Not registered
- Activities · NACE
Reparatie en onderhoud van producten van metaal
Installatie van isolatie
Bouw van civieltechnische werken voor vloeistoffen, neg
Sanitaire werkzaamheden
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Isolatiewerkzaamheden