Thermotec
0421.100.655 · rovalta.com · 24/09/2026
NORMAL SITUATION
Thermotec
Company — Normal situation.
Financial year 2025 · Closed on 29/09/2025
Net result
-1,6 k €
-106,5 %over 1 yearGross margin
-42 k €
-101,4 %over 1 yearEquity
2 M €
-0,1 %over 1 yearWorkforce
0,0 ETP
-100,0 %over 1 yearOverview
Identity
Source · BCE/KBOThermotec is a company registered in Belgium.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0421.100.655
- Legal form
- Public limited company
- Contributed capital
- 100 000,00 €
- Latest accounts
- 29/09/2025
- Average workforce
- 0,0 ETP
Joint committees (4)
- 111
- 1110
- 209
- 2090
Signals
Solid equityHealthy social debts
Financials
Source · NBB, 46 filingsTrend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | -42 k € | -101% | 3 M € | +68.8% | 1,8 M € | +7.7% | 1,6 M € | +40.3% | 1,2 M € |
| EBITDA | -231,1 € | -100% | 155,1 k € | -70.7% | 529,4 k € | -1.4% | 536,9 k € | +48.5% | 361,5 k € |
| Operating result | -231,1 € | -101% | 38,9 k € | -90.7% | 417,6 k € | -9.5% | 461,3 k € | +54.6% | 298,3 k € |
| Net result | -1,6 k € | -106% | 24,3 k € | -92.2% | 312,3 k € | -9.7% | 346 k € | +54.7% | 223,7 k € |
| Balance sheet | |||||||||
| Equity | 2 M € | -0.1% | 2 M € | +1.2% | 2 M € | +18.6% | 1,7 M € | +26.0% | 1,3 M € |
| Total assets | 2 M € | -46.3% | 3,7 M € | +50.1% | 2,5 M € | -34.0% | 3,8 M € | +95.4% | 1,9 M € |
| Cash | 20,7 k € | -70.0% | 69,1 k € | +7.3% | 64,4 k € | -77.7% | 289 k € | +1145% | 23,2 k € |
| Debts | 0 € | -100% | 548,1 k € | +12.2% | 488,6 k € | -76.5% | 2,1 M € | +244% | 603,4 k € |
| Other | |||||||||
| Workforce | 0,0 ETP | -100% | 15,4 ETP | -25.6% | 20,7 ETP | +3.0% | 20,1 ETP | +24.1% | 16,2 ETP |
Board of directors
Source · NBB, accounts to 29/09/2025Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 29/09/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 9 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 14/10/2025 | 22/05/2025 | 26/04/2024 | 10/07/2023 | 15/12/2022 | 23/07/2021 |
| General meeting | 29/09/2025 | 20/05/2025 | 24/04/2024 | 19/06/2023 | 16/11/2022 | 19/07/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Source · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 46 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 29/09/2025 | 29/09/2025 | 14/10/2025 | Dutch | |
| Abridged model | 31/12/2024 | 20/05/2025 | 22/05/2025 | Dutch | |
| Abridged model | 31/12/2023 | 24/04/2024 | 26/04/2024 | Dutch | |
| Abridged model | 31/12/2022 | 19/06/2023 | 10/07/2023 | Dutch | |
| Abridged modelCorrection | 31/12/2021 | 16/11/2022 | 15/12/2022 | Dutch | |
| Abridged model | 31/12/2021 | 17/05/2022 | 16/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 19/07/2021 | 23/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 29/07/2020 | 06/08/2020 | Dutch | |
| Abridged model | 31/12/2018 | 28/06/2019 | 18/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 15/05/2018 | 17/05/2018 | Dutch | |
| Abridged model | 31/12/2016 | 09/06/2017 | 16/06/2017 | Dutch | |
| Abridged model | 31/12/2015 | 28/06/2016 | 14/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 30/06/2015 | 22/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 23/06/2014 | 03/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 28/06/2013 | 11/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 29/06/2012 | 23/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 30/06/2011 | 19/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 30/06/2010 | 29/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 23/06/2009 | 24/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 26/06/2008 | 03/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 15/06/2007 | 02/07/2007 | Dutch | |
| Abridged model | 31/12/2005 | 26/06/2006 | 30/06/2006 | Dutch | |
| Abridged model | 31/12/2004 | 20/05/2005 | 01/06/2005 | Dutch | |
| Abridged model | 31/12/2003 | 18/05/2004 | 16/06/2004 | Dutch |
Valuation
Indicative valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 29/09/2025Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Dissolution24/10/2025RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
- Mandates14/07/2025ONTSLAGEN - BENOEMINGEN
- Mandates01/04/2025ONTSLAGEN - BENOEMINGEN
- Mandates06/02/2025ONTSLAGEN - BENOEMINGEN
- Mandates14/10/2024ONTSLAGEN - BENOEMINGEN
- Mandates05/09/2023ONTSLAGEN - BENOEMINGEN
- Mandates23/06/2022ONTSLAGEN - BENOEMINGEN
- Other10/09/2020STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-1,6 k €↓
- 2025Name changeThermotec in vereffening
- 2024Annual accounts 202424,3 k €↓
- 2023Annual accounts 2023312,3 k €↓
- 2022Annual accounts 2022346 k €↑
- 2021Annual accounts 2021223,7 k €↑
- 2021Name changeThermotec
- 2018Annual accounts 201873,1 k €↓
- 2017Annual accounts 201775,4 k €↑
- 2016Annual accounts 201618,2 k €↑
- 2015Annual accounts 2015988,9 €↑
- 2014Annual accounts 2014-2,8 k €↓
- 2013Annual accounts 2013-1,4 k €↓
- 2012Annual accounts 2012103,8 k €↑
- 2011Annual accounts 201121,8 k €↓
- 2010Annual accounts 201032,7 k €↑
- 2009Annual accounts 20093 k €↑
- 2008Annual accounts 2008-106,3 k €↓
- 2007Annual accounts 2007130,9 k €↑
- 2006Annual accounts 200698,6 k €