ACTIVE

Applications Thermiques

Financial year 2024 · Closed on 31/12/2024

Net result-98 k €+8,7 %over 1 year
Gross margin58,1 k €+53,1 %over 1 year
Equity145,6 k €-40,2 %over 1 year

Identity

Source · BCE/KBO

Applications Thermiques is a Public limited company incorporated in 1978. Its registered office is in Ronse.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0418.359.416
Incorporation
09/06/1978
Legal form
Public limited company
Registered office
Rue Klein Frankrijk 41
9600 Ronse · FlandreSee on map
Contributed capital
371 840,29 €
Latest accounts
31/12/2024
Joint committees (2)
  • 111
  • 209
Signals
Solid equityGood liquidityHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20242023202220212020
Income statement
Gross margin58,1 k €38 k €35,1 k €42 k €80,3 k €
EBITDA-95,7 k €-104,2 k €-104,7 k €-106,4 k €-80,2 k €
Operating result-96,8 k €-106,4 k €-106,9 k €-110,5 k €-87,8 k €
Net result-98 k €-107,3 k €-107,5 k €-111,7 k €-86,7 k €
Balance sheet
Equity145,6 k €243,6 k €350,9 k €458,4 k €570,1 k €
Total assets413,6 k €401,1 k €589,4 k €632 k €736,8 k €
Cash96,6 k €52 k €217,4 k €227 k €365,7 k €
Debts268 k €157,5 k €238,4 k €173,5 k €166,7 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 20 ended

Active mandates

Claude Merry

Director · since 20 mars 2024 · until 20 mars 2030

Active

Ended mandates

Kurt De Witte

Director · since 31 décembre 2020 · until 11 mai 2026

Ended
Kurt De Witte

Director · since 31 décembre 2020

Ended
Claude Merry

Director · since 11 mai 2020 · until 11 mai 2026

Ended
Claude Merry

Director · since 11 mai 2020 · until 20 mars 2030

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/09/202522/08/202417/07/202306/07/202223/06/202110/07/2020
General meeting30/08/202525/07/202429/05/202315/06/202210/06/202110/05/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202430/08/202526/09/2025DutchPDF
Micro model31/12/202325/07/202422/08/2024DutchPDF
Micro model31/12/202229/05/202317/07/2023DutchPDF
Micro model31/12/202115/06/202206/07/2022DutchPDF
Micro model31/12/202010/06/202123/06/2021DutchPDF
Micro model31/12/201910/05/202010/07/2020DutchPDF
Micro model31/12/201803/06/201924/07/2019DutchPDF
Micro model31/12/201714/05/201829/06/2018DutchPDF
Abridged model31/12/201608/05/201709/06/2017DutchPDF
Abridged model31/12/201509/05/201626/05/2016DutchPDF
Abridged model31/12/201411/05/201519/05/2015DutchPDF
Abridged model31/12/201312/05/201407/07/2014DutchPDF
Abridged model31/12/201213/05/201330/08/2013DutchPDF
Abridged model31/12/201114/05/201226/06/2012DutchPDF
Abridged model31/12/201009/05/201119/07/2011DutchPDF
Abridged model31/12/200910/05/201031/05/2010DutchPDF
Abridged model31/12/200811/05/200923/06/2009DutchPDF
Abridged model31/12/200713/05/200811/06/2008DutchPDF
Abridged model31/12/200614/05/200720/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 31/12/2024

1 active · 20 ended

Active mandates

Claude Merry

Director · since 20 mars 2024 · until 20 mars 2030

Active

Ended mandates

Kurt De Witte

Director · since 31 décembre 2020 · until 11 mai 2026

Ended
Kurt De Witte

Director · since 31 décembre 2020

Ended
Claude Merry

Director · since 11 mai 2020 · until 11 mai 2026

Ended
Claude Merry

Director · since 11 mai 2020 · until 20 mars 2030

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/03/2024
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/04/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/04/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/09/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/08/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office30/04/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates30/10/2013
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-98 k €↑
  2. 2023
    Annual accounts 2023-107,3 k €↑
  3. 2022
    Annual accounts 2022-107,5 k €↑
  4. 2021
    Annual accounts 2021-111,7 k €↓
  5. 2020
    Annual accounts 2020-86,7 k €↑
  6. 2019
    Annual accounts 2019-115,1 k €↑
  7. 2018
    Annual accounts 2018-159,5 k €↓
  8. 2017
    Annual accounts 201758,3 k €↑
  9. 2016
    Annual accounts 20168,7 k €↓
  10. 2015
    Annual accounts 2015143,2 k €↑
  11. 2014
    Annual accounts 2014101,7 k €↓
  12. 2013
    Annual accounts 2013110,3 k €↓
  13. 2012
    Annual accounts 2012170,8 k €↑
  14. 2011
    Annual accounts 201198,7 k €↑
  15. 2010
    Annual accounts 201037 k €↑
  16. 2009
    Annual accounts 200935,4 k €↑
  17. 2008
    Annual accounts 200812,4 k €↓
  18. 2007
    Annual accounts 200747,2 k €↑
  19. 2006
    Annual accounts 200626,8 k €
  20. 09/06/1978
    IncorporationPublic limited company