NORMAL SITUATION

TERMOCO

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Financial year 2024 · closed on 27/11/2024

Net result

-14,2 k €

-119.8% YoY

Gross margin

76,9 k €

-73.8% YoY

Equity

525,5 k €

-2.6% YoY

Workforce

1,5 ETP

-48.3% YoY

Company — Normal situation.

What does TERMOCO do?

TERMOCO is a company registered in Belgium. It employs on average 1,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.960.837

Legal form

Private limited company

Contributed capital

18 592,01 €

Latest accounts

27/11/2024

Average workforce

1,5 ETP

Joint committees (2)

Signals

Solid equityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	76,9 k €	-73.8%	293,0 k €	-4.1%	305,6 k €	+6.2%	287,6 k €	+26.3%	227,8 k €	-36.3%	357,8 k €	+15.9%	308,6 k €	+53.7%	200,8 k €	+76.7%	113,7 k €	+21.8%	93,3 k €	+71.9%	54,3 k €	+17.9%	46,1 k €	+260%	12,8 k €	-63.3%	34,9 k €	+116%	16,2 k €	+14.0%	14,2 k €	-30.7%	20,5 k €	-38.0%	33,0 k €	+746%	3,9 k €
EBITDA	-9,9 k €	-107%	132,5 k €	-8.1%	144,2 k €	-13.0%	165,8 k €	+34.0%	123,7 k €	-50.1%	247,7 k €	+19.3%	207,6 k €	+23.6%	168,0 k €	+70.6%	98,5 k €	+15.1%	85,6 k €	+82.6%	46,9 k €	+17.0%	40,1 k €	+306%	9,9 k €	-70.4%	33,3 k €	+149%	13,4 k €	+16.3%	11,5 k €	-35.2%	17,7 k €	-39.1%	29,1 k €	+1359%	2,0 k €
Operating result	-9,9 k €	-110%	104,2 k €	-14.9%	122,5 k €	-11.4%	138,2 k €	+35.9%	101,7 k €	-55.1%	226,4 k €	+18.4%	191,1 k €	+32.5%	144,3 k €	+68.5%	85,6 k €	+15.1%	74,4 k €	+94.5%	38,2 k €	+23.5%	31,0 k €	+533%	4,9 k €	-79.4%	23,8 k €	+271%	6,4 k €	+53.4%	4,2 k €	-59.0%	10,2 k €	-52.9%	21,6 k €	+1023%	-2,3 k €
Net result	-14,2 k €	-120%	71,6 k €	-17.1%	86,3 k €	-9.9%	95,8 k €	+33.5%	71,7 k €	-61.2%	185,1 k €	+13.5%	163,0 k €	+38.2%	118,0 k €	+38.3%	85,3 k €	+35.9%	62,8 k €	+75.1%	35,9 k €	+36.2%	26,3 k €	+624%	3,6 k €	-82.2%	20,4 k €	+506%	3,4 k €	+139%	1,4 k €	-77.3%	6,2 k €	-57.5%	14,6 k €	+277%	-8,3 k €
Balance sheet
Equity	525,5 k €	-2.6%	539,7 k €	+15.3%	468,1 k €	+14.4%	409,0 k €	+27.6%	320,6 k €	+20.0%	267,2 k €	+46.7%	182,1 k €	+52.9%	119,1 k €	+63.0%	73,1 k €	+22.3%	59,7 k €	+33.0%	44,9 k €	+26.7%	35,5 k €	+25.2%	28,3 k €	+0.5%	28,2 k €	+0.1%	28,2 k €	+3.2%	27,3 k €	+0.0%	27,3 k €	-0.7%	27,5 k €	+45.9%	18,8 k €
Total assets	525,5 k €	-23.8%	690,0 k €	+1.2%	681,5 k €	+12.8%	604,0 k €	+27.9%	472,2 k €	+5.0%	449,5 k €	+15.1%	390,7 k €	+13.2%	345,2 k €	+72.2%	200,4 k €	+28.7%	155,7 k €	+31.6%	118,3 k €	+43.1%	82,6 k €	+93.8%	42,6 k €	-47.1%	80,6 k €	+57.1%	51,3 k €	-24.8%	68,2 k €	-30.4%	98,0 k €	+12.1%	87,4 k €	-4.4%	91,5 k €
Cash	477,6 k €	+37.9%	346,3 k €	-17.7%	420,9 k €	+17.6%	357,9 k €	+15.4%	310,1 k €	+2.6%	302,2 k €	+68.7%	179,2 k €	+40.5%	127,5 k €	+98.8%	64,2 k €	+7.0%	59,9 k €	+10.3%	54,3 k €		–		12,2 k €	-79.7%	60,3 k €		–		179,7 €	-99.0%	17,7 k €	+731%	2,1 k €	-87.2%	16,6 k €
Debts	–		148,5 k €	-30.3%	213,0 k €	+10.1%	193,5 k €	+27.6%	151,6 k €	-16.8%	182,3 k €	-10.7%	204,1 k €	+8.8%	187,6 k €	+47.3%	127,3 k €	+32.7%	95,9 k €	+30.8%	73,3 k €	+55.4%	47,2 k €	+230%	14,3 k €	-72.7%	52,4 k €	+127%	23,1 k €	-43.5%	40,9 k €	-42.1%	70,7 k €	+17.9%	60,0 k €	-17.4%	72,6 k €
Other
Workforce	1,5 ETP	-48.3%	2,9 ETP	-21.6%	3,7 ETP	+48.0%	2,5 ETP	-3.8%	2,6 ETP		–		–		–		–		0,3 ETP	-50.0%	0,6 ETP	+200%	0,2 ETP		–		–		–		–		–		–		–

Governance

Board of directors

Seen on filing of 27/11/2024 · 2 active · 6 ended

Active mandates

Kurt Novak

Director

Active

Marc Achten

Director

Active

Ended mandates

MARC ACHTEN

Manager · since 01 avril 2007

Ended

Marc Camiel Achten

Director · since 01 avril 2007

Ended

Kurt Bernard Novak

Director · since 30 août 2004

Ended

KURT NOVAK

Manager · since 30 août 2004

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	27/11/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	11 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/12/2024	31/07/2024	24/07/2023	31/05/2022	28/05/2021	23/07/2020
General meeting	27/11/2024	28/06/2024	30/06/2023	30/03/2022	04/05/2021	30/03/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

23 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	27/11/2024	27/11/2024	23/12/2024	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	31/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	24/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/03/2022	31/05/2022	Dutch	PDF
Abridged model	31/12/2020	04/05/2021	28/05/2021	Dutch	PDF
Micro model	31/12/2019	30/03/2020	23/07/2020	Dutch	PDF
Micro model	31/12/2018	30/03/2019	29/07/2019	Dutch	PDF
Micro model	31/12/2017	30/03/2018	27/06/2018	Dutch	PDF
Micro model	31/12/2016	30/03/2017	20/12/2017	Dutch	PDF
Abridged model	31/12/2015	30/03/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	30/03/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	31/03/2014	31/07/2014	Dutch	PDF
Abridged model	31/12/2012	02/04/2013	31/07/2013	Dutch	PDF
Abridged model	31/12/2011	31/03/2012	20/06/2012	Dutch	PDF
Abridged model	31/12/2010	30/03/2011	13/07/2011	Dutch	PDF
Abridged model	31/12/2009	31/03/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	31/03/2009	27/08/2009	Dutch	PDF
Abridged model	31/12/2007	31/03/2008	31/07/2008	Dutch	PDF
Abridged model	31/12/2006	30/03/2007	28/06/2007	Dutch	PDF
Abridged model	31/12/2005	30/03/2006	06/07/2006	Dutch	PDF
Abridged model	31/12/2004	30/03/2005	05/07/2005	Dutch	PDF
Abridged model	31/12/2003	30/03/2004	29/06/2004	Dutch	PDF
Abridged model	31/12/2002	30/03/2003	01/12/2003	Dutch	PDF

Estimate

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.

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.

Governance

Board of directors

Seen on filing of 27/11/2024 · 2 active · 6 ended

Active mandates

Kurt Novak

Director

Active

Marc Achten

Director

Active

Ended mandates

MARC ACHTEN

Manager · since 01 avril 2007

Ended

Marc Camiel Achten

Director · since 01 avril 2007

Ended

Kurt Bernard Novak

Director · since 30 août 2004

Ended

KURT NOVAK

Manager · since 30 août 2004

Ended

Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

2024
Annual accounts 2024-14,2 k €↓
2023
Annual accounts 202371,6 k €↓
2022
Annual accounts 202286,3 k €↓
2021
Annual accounts 202195,8 k €↑
2020
Annual accounts 202071,7 k €↓
2019
Annual accounts 2019185,1 k €↑
2018
Annual accounts 2018163,0 k €↑
2017
Annual accounts 2017118,0 k €↑
2016
Annual accounts 201685,3 k €↑
2015
Annual accounts 201562,8 k €↑
2014
Annual accounts 201435,9 k €↑
2013
Annual accounts 201326,3 k €↑
2012
Annual accounts 20123,6 k €↓
2011
Annual accounts 201120,4 k €↑
2010
Annual accounts 20103,4 k €↑
2009
Annual accounts 20091,4 k €↓
2008
Annual accounts 20086,2 k €↓
2007
Annual accounts 200714,6 k €↑
2006
Annual accounts 2006-8,3 k €

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

TERMOCO

Overview

What does TERMOCO do?

Trend over 19 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline