ACTIVE

VolThermo

Financial year 2025 · closed on 30/09/2025
Net result
89,5 k €
+77.9% YoY
Gross margin
177,3 k €
+83.4% YoY
Equity
229,3 k €
+2.0% YoY
Workforce
0,0 ETP

What does VolThermo do?

VolThermo is a Private limited company incorporated in 1996. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Zulte.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0459.016.965
Incorporation
16/10/1996
Legal form
Private limited company
Registered office
Grote Steenweg 36 / 14
9870 Zulte · FlandreSee on map
Contributed capital
19 000,00 €
Latest accounts
30/09/2025
Average workforce
0,0 ETP
Joint committees (1)
  • 124
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin177,3 k €96,7 k €91,1 k €55,2 k €53,2 k €41,9 k €9,8 k €21,2 k €22 k €45,5 k €37,2 k €25,4 k €28,8 k €39,4 k €39,9 k €11,9 k €30,8 k €63 k €98,5 k €
EBITDA171 k €95,1 k €89,7 k €54,6 k €51,3 k €38,9 k €-1,6 k €17,7 k €18,6 k €39,7 k €30,1 k €22,1 k €25,7 k €36,3 k €36,7 k €8,9 k €27,4 k €16,3 k €23,1 k €
Operating result126,6 k €67 k €72,1 k €50,6 k €45 k €31,4 k €-11,6 k €681 €-865 €12,9 k €-1,9 k €2,3 k €-6,3 k €8 k €24,3 k €-3,9 k €13,5 k €-320 €6,7 k €
Net result89,5 k €50,3 k €58,4 k €36,2 k €32,3 k €23,4 k €-17,7 k €548 €248 €6 k €-6,7 k €1,3 k €-13,3 k €10,3 k €11,5 k €-12,8 k €29,8 k €15 €6,4 k €
Balance sheet
Equity229,3 k €224,8 k €209,5 k €151 k €114,8 k €82,5 k €59,1 k €76,7 k €76,2 k €76 k €69,9 k €76,6 k €75,3 k €88,6 k €78,3 k €66,8 k €79,6 k €49,7 k €49,7 k €
Total assets804,7 k €356,3 k €299,4 k €235,8 k €169 k €153,5 k €107,8 k €137,9 k €144,7 k €157,5 k €168,9 k €146,2 k €159 k €184,4 k €120,4 k €138,8 k €143,7 k €124,1 k €134,8 k €
Cash69,3 k €83,7 k €33,8 k €46,5 k €23,7 k €13,9 k €3,2 k €1,2 k €6 k €8,9 k €3,4 k €7,7 k €1,6 k €
Debts572 k €131,6 k €90 k €84,8 k €54,2 k €71 k €48,7 k €60,8 k €68,5 k €81,6 k €99 k €69,6 k €83,5 k €95,7 k €41,8 k €72 k €63,8 k €73,9 k €84,7 k €
Other
Workforce0,0 ETP0,8 ETP1,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 8 ended

Active mandates

Nahariska Heyerick

Director · since 01 septembre 2025

Active
Thomas Van De Geuchte

Director

Active

Ended mandates

Thomas Van De Geuchte

Manager · since 01 juillet 2015

Ended
Hans Van de Geuchte

Director

Ended
Hans Van De Geuchte

Manager

Ended
Patricia Dhoore

Director

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/03/202624/03/202529/01/202422/11/202218/02/202210/11/2020
General meeting28/03/202601/03/202523/01/202410/11/202214/02/202202/11/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202528/03/202631/03/2026DutchPDF
Micro model30/09/202401/03/202524/03/2025DutchPDF
Micro model30/09/202323/01/202429/01/2024DutchPDF
Micro model30/09/202210/11/202222/11/2022DutchPDF
Micro model30/09/202114/02/202218/02/2022DutchPDF
Micro model30/09/202002/11/202010/11/2020DutchPDF
Micro model30/09/201907/12/201918/12/2019DutchPDF
Micro model30/09/201809/02/201913/02/2019DutchPDF
Micro model30/09/201710/02/201812/02/2018DutchPDF
Abridged model30/09/201611/02/201713/02/2017DutchPDF
Abridged model30/09/201513/02/201622/02/2016DutchPDF
Abridged model30/09/201414/02/201516/02/2015DutchPDF
Abridged model30/09/201308/02/201410/02/2014DutchPDF
Abridged model30/09/201209/02/201312/02/2013DutchPDF
Abridged model30/09/201111/02/201213/02/2012DutchPDF
Abridged model30/09/201012/02/201114/02/2011DutchPDF
Abridged model30/09/200913/02/201015/02/2010DutchPDF
Abridged model30/09/200814/02/200916/02/2009DutchPDF
Abridged model30/09/200709/02/200811/03/2008DutchPDF
Abridged model30/09/200610/02/200705/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 8 ended

Active mandates

Nahariska Heyerick

Director · since 01 septembre 2025

Active
Thomas Van De Geuchte

Director

Active

Ended mandates

Thomas Van De Geuchte

Manager · since 01 juillet 2015

Ended
Hans Van de Geuchte

Director

Ended
Hans Van De Geuchte

Manager

Ended
Patricia Dhoore

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/07/2025
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates12/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/07/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/05/2005
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

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 202589,5 k €
  2. 2025
    Name changeVolThermo
  3. 2024
    Annual accounts 202450,3 k €
  4. 2023
    Annual accounts 202358,4 k €
  5. 2022
    Annual accounts 202236,2 k €
  6. 2022
    Name changeVAN DE GEUCHTE HANS
  7. 2021
    Annual accounts 202132,3 k €
  8. 2020
    Annual accounts 202023,4 k €
  9. 2019
    Annual accounts 2019-17,7 k €
  10. 2018
    Annual accounts 2018548 €
  11. 2017
    Annual accounts 2017248 €
  12. 2016
    Annual accounts 20166 k €
  13. 2015
    Annual accounts 2015-6,7 k €
  14. 2014
    Annual accounts 20141,3 k €
  15. 2013
    Annual accounts 2013-13,3 k €
  16. 2012
    Annual accounts 201210,3 k €
  17. 2011
    Annual accounts 201111,5 k €
  18. 2010
    Annual accounts 2010-12,8 k €
  19. 2009
    Annual accounts 200929,8 k €
  20. 2008
    Annual accounts 200815 €
  21. 2007
    Annual accounts 20076,4 k €
  22. 16/10/1996
    IncorporationPrivate limited company