ACTIVE

THERMELEC

Financial year 2025 · Closed on 31/12/2025

Net result-27,6 k €-488,8 %over 1 year
Revenue770,7 k €-17,8 %over 1 year
Equity1,6 M €-1,7 %over 1 year
Workforce1,5 ETP-57,1 %over 1 year

Identity

Source · BCE/KBO

THERMELEC is a Public limited company incorporated in 1976. Its registered office is in Destelbergen. It employs on average 1,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0416.577.188
Incorporation
24/11/1976
Legal form
Public limited company
Registered office
Dendermondesteenweg 258
9070 Destelbergen · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
1,5 ETP
Joint committees (3)
  • 14901
  • 200
  • 218
Contacts
3 public details availableLog in to view
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue770,7 k €937,9 k €1,2 M €1,4 M €–
EBITDA30,4 k €62,4 k €-41,8 k €71,6 k €51,6 k €
Operating result-25,1 k €4,9 k €-102,3 k €7,5 k €10,2 k €
Net result-27,6 k €7,1 k €-94,3 k €12,4 k €17,2 k €
Balance sheet
Equity1,6 M €1,6 M €1,6 M €1,7 M €1,7 M €
Total assets1,7 M €1,7 M €1,7 M €1,8 M €1,9 M €
Cash539,6 k €463,2 k €250,3 k €515,8 k €664,7 k €
Debts85,4 k €88,7 k €90,3 k €72,1 k €206,6 k €
Other
Workforce1,5 ETP3,5 ETP3,1 ETP3,7 ETP3,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

PAVADO

Director · 0450.435.237

Represented by Ronny VAN DOORSSELAERE

Active

Ended mandates

Ronny VAN DOORSSELAERE

Director · since 24 novembre 1976 · until 26 mars 2021

Ended
Ronny VAN DOORSSELAERE

Director · since 24 novembre 1976

Ended
Ronny VAN DOORSSELAERE

Manager · since 24 novembre 1976

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelAbridged modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date12/06/202622/07/202515/07/202413/07/202327/07/202222/06/2021
General meeting05/06/202630/06/202527/06/202402/06/202316/05/202217/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202505/06/202612/06/2026DutchPDF
Full model31/12/202430/06/202522/07/2025DutchPDF
Full model31/12/202327/06/202415/07/2024DutchPDF
Full model31/12/202202/06/202313/07/2023DutchPDF
Abridged model31/12/202116/05/202227/07/2022DutchPDF
Full model31/12/202017/05/202122/06/2021DutchPDF
Full model31/12/201918/05/202007/07/2020DutchPDF
Full model31/12/201820/05/201927/05/2019DutchPDF
Full model31/12/201722/05/201823/05/2018DutchPDF
Full model31/12/201615/05/201718/05/2017DutchPDF
Full model31/12/201516/05/201621/06/2016DutchPDF
Full model31/12/201418/06/201519/06/2015DutchPDF
Full model31/12/201319/05/201420/05/2014DutchPDF
Full model31/12/201220/05/201322/05/2013DutchPDF
Full model31/12/201105/06/201203/07/2012DutchPDF
Full model31/12/201016/05/201107/06/2011DutchPDF
Full model31/12/200917/05/201001/06/2010DutchPDF
Full model31/12/200819/06/200919/06/2009DutchPDF
Full model31/12/200719/05/200814/07/2008DutchPDF
Full model31/12/200621/05/200704/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

PAVADO

Director · 0450.435.237

Represented by Ronny VAN DOORSSELAERE

Active

Ended mandates

Ronny VAN DOORSSELAERE

Director · since 24 novembre 1976 · until 26 mars 2021

Ended
Ronny VAN DOORSSELAERE

Director · since 24 novembre 1976

Ended
Ronny VAN DOORSSELAERE

Manager · since 24 novembre 1976

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office26/10/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates10/05/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Registered office01/09/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Restructuring26/08/2013
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring14/06/2013
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring26/06/2012
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring23/08/2007
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring27/06/2007
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-27,6 k €↓
  2. 2024
    Annual accounts 20247,1 k €↑
  3. 2023
    Annual accounts 2023-94,3 k €↓
  4. 2022
    Annual accounts 202212,4 k €↓
  5. 2021
    Annual accounts 202117,2 k €↑
  6. 2020
    Annual accounts 20203,1 k €↓
  7. 2019
    Annual accounts 201957,5 k €↓
  8. 2018
    Annual accounts 201879,3 k €↑
  9. 2017
    Annual accounts 201755,6 k €↑
  10. 2016
    Annual accounts 20164,3 k €↓
  11. 2015
    Annual accounts 20158,1 k €↓
  12. 2014
    Annual accounts 201492,7 k €↓
  13. 2013
    Annual accounts 2013224 k €↓
  14. 2012
    Annual accounts 2012324,5 k €↑
  15. 2011
    Annual accounts 2011289,2 k €↓
  16. 2010
    Annual accounts 2010366,5 k €↑
  17. 2009
    Annual accounts 2009304,7 k €↓
  18. 2008
    Annual accounts 2008391,7 k €↓
  19. 2006
    Annual accounts 20061,1 M €
  20. 24/11/1976
    IncorporationPublic limited company