ACTIVE

P & F THERMIC

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Financial year 2025 · Closed on 31/12/2025

Net result36,4 k €+29,9 %over 1 year
Gross margin92,2 k €+31,8 %over 1 year
Equity152 k €+31,5 %over 1 year

Identity

Source · BCE/KBO

P & F THERMIC is a Private limited company incorporated in 2015. Its main activity is: Electrical installation. Its registered office is in Aalter.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0507.898.928
Incorporation
05/01/2015
Legal form
Private limited company
Registered office
Aalterveld 69
9880 Aalter · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 11 filings

Trend over 11 financial years

20252024202320222021
Income statement
Gross margin92,2 k €69,9 k €62,3 k €42,3 k €29,1 k €
EBITDA89,9 k €67,1 k €60,9 k €41,2 k €27,3 k €
Operating result60,3 k €42,6 k €53,4 k €34,1 k €22,5 k €
Net result36,4 k €28 k €37,7 k €22,7 k €15,3 k €
Balance sheet
Equity152 k €115,6 k €113,3 k €89,9 k €67,2 k €
Total assets318 k €310,7 k €197,1 k €114,2 k €93,1 k €
Cash22,6 k €16,2 k €16,9 k €6,1 k €–
Debts166 k €195,1 k €83,9 k €24,3 k €25,2 k €

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 31/12/2025

1 active · 1 ended

Active mandates

Kurt De Langhe

Director

Active

Ended mandates

KURT DE LANGHE

Manager · since 05 janvier 2015

Ended

Other companies at this address

Aalterveld 69 9880 Aalter
CompanyCBE no.
Delatand● Active
1035.693.249

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date22/09/202620/09/202518/09/202429/09/202317/10/202220/10/2021
General meeting15/09/202615/09/202513/09/202425/09/202313/10/202230/09/2021
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, 11 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202515/09/202622/09/2026DutchPDF
Micro model31/12/202415/09/202520/09/2025DutchPDF
Micro model31/12/202313/09/202418/09/2024DutchPDF
Micro model31/12/202225/09/202329/09/2023DutchPDF
Micro model31/12/202113/10/202217/10/2022DutchPDF
Micro model31/12/202030/09/202120/10/2021DutchPDF
Micro model31/12/201904/11/202007/11/2020DutchPDF
Micro model31/12/201828/06/201928/06/2019DutchPDF
Micro model31/12/201720/08/201820/08/2018DutchPDF
Micro model31/12/201630/06/201703/07/2017DutchPDF
Abridged model31/12/201524/06/201627/06/2016DutchPDF

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 31/12/2025

1 active · 1 ended

Active mandates

Kurt De Langhe

Director

Active

Ended mandates

KURT DE LANGHE

Manager · since 05 janvier 2015

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/01/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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 202536,4 k €↑
  2. 2024
    Annual accounts 202428 k €↓
  3. 2023
    Annual accounts 202337,7 k €↑
  4. 2022
    Annual accounts 202222,7 k €↑
  5. 2021
    Annual accounts 202115,3 k €↑
  6. 2020
    Annual accounts 20202,1 k €↓
  7. 2019
    Annual accounts 201927,3 k €↑
  8. 2018
    Annual accounts 201816,7 k €↑
  9. 2017
    Annual accounts 201710,9 k €↓
  10. 2016
    Annual accounts 201623,7 k €↑
  11. 2015
    Annual accounts 201517 k €
  12. 05/01/2015
    IncorporationPrivate limited company