Active · per the CBE, 29 September 2026

AGTHERM

BE0645844707

Rechtspersoon Private limited company 1 establishment

AGTHERM is a heating and ventilation installer in Ath. Private Limited, started on 12 January 2016, 1 establishment.

Chemin de la Villa Romaine(M.E) 5, 7822 Ath

Behind the company: FLORENT GERARD, ALEXANDRE GERARD.

Active for

10 year, 8 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

AGTHERM from Ath, company number BE0645844707, closed financial year 2025 with a result of € 648 after tax. For that financial year AGTHERM recorded a gross margin of € 147,152 and equity of € 97,668. Compared with financial year 2024, the result moved from € 36,251 to € 648. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.

What it is worth Growing

€ 97,668

▲ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 648

▼ 98% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 8,122

▼ 12% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 91,468.

People and assets in 2025

Wage cost

€ 67,340

▼ 41% 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.

Vehicles and equipment

€ 5,961

▼ 34% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 20 years to go

€ 681,948

▼ 5% vs 2024

€ 34,617 is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.

Owed to suppliers

€ 3,773

▼ 87% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 20,137

▼ 23% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 133,211 € 242,868 € 239,253 € 147,152 ▼ 38%
Profit after taxes € 20,830 € 4,520 € 36,251 € 648 ▼ 98%
Equity € 56,250 € 60,770 € 97,020 € 97,668 ▲ 1%
Total debts € 538,840 € 1,096,910 € 776,808 € 713,329 ▼ 8%
Cash € 15,828 € 78,440 € 9,194 € 8,122 ▼ 12%
Land & buildings € 512,921 € 1,012,175 € 786,844 € 753,375 ▼ 4%
Retained profit € 48,190 € 54,570 € 90,820 € 91,468 ▲ 1%
Bank debt € 490,890 € 462,151 € 715,662 € 681,948 ▼ 5%
Balance sheet total € 595,090 € 1,157,680 € 873,828 € 810,997 ▼ 7%

Key figures of AGTHERM, 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 AGTHERM?

What happened at AGTHERM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 648 (▼ 98% vs 2024). Source: NBB ↗
  • New establishment in Ath. KBO
  • Start of the company according to the CBE. KBO

In short

From € 20,830 profit in 2022 to € 648 profit in 2025.

Paid € 15,163 in corporate taxes since 2022.

Best year ever: 2024, with € 36,251 profit.

Management

FLORENT GERARD ALEXANDRE GERARD

Behind AGTHERM are FLORENT GERARD and ALEXANDRE GERARD. ALEXANDRE GERARD is also behind RGG DISTRIBUTION.

See the full network in the app

Directors

According to the 2025 annual accounts

FLORENT GERARD

Manager

ALEXANDRE GERARD

Manager

Also active at: RGG DISTRIBUTION

Establishments

Establishment units

Physical locations of this company

Registered office

Chemin de la Villa Romaine(M.E) 5

7822 Ath

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0645.844.707
VAT number
BE 0645.844.707
Registered office
Chemin de la Villa Romaine(M.E) 5, 7822 Ath
Names & denominations
AGTHERM
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
12 January 2016
Peppol
Active · Active since 2 Oct 2025
Activities · NACE

Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

Sanitaire werkzaamheden

Frequently asked questions

What does AGTHERM do?
AGTHERM is a heating and ventilation installer in Ath. Private Limited, started on 12 January 2016, 1 establishment.
What is the address of AGTHERM?
The registered office of AGTHERM is located at Chemin de la Villa Romaine(M.E) 5, 7822 Ath.
Is AGTHERM still active?
Yes. According to the CBE (29 September 2026) AGTHERM is active, legal situation “Normale toestand”, started on 12 January 2016.
Is AGTHERM registered on Peppol?
Yes, AGTHERM is registered on the Peppol network with ID 0208:0645844707.
What is the enterprise number of AGTHERM?
The enterprise number of AGTHERM is BE0645844707.
When was AGTHERM founded?
AGTHERM was founded on 12 January 2016.