ACTIVE

Thermo Power

Financial year 2025 · closed on 31/12/2025
Net result
-126,4 k €
-92.5% YoY
Gross margin
-21,7 k €
-123.9% YoY
Equity
282,9 k €
-30.9% YoY
Workforce
1,4 ETP
+40.0% YoY

What does Thermo Power do?

Thermo Power is a Private limited company incorporated in 2023. Its main activity is: Manufacture of electric motors, generators and transformers. Its registered office is in Wavre. It employs on average 1,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0801.381.237
Incorporation
03/05/2023
Legal form
Private limited company
Registered office
Rue de la Station 19
1300 Wavre · WallonieSee on map
Contributed capital
475 000,00 €
Latest accounts
31/12/2025
Average workforce
1,4 ETP
Contacts
1 public detail availableLog in to view
Signals
Solid equityLow riskGood liquidityHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20252024
Income statement
Gross margin-21,7 k €90,6 k €
EBITDA-116,9 k €61,8 k €
Operating result-126,3 k €-65,5 k €
Net result-126,4 k €-65,7 k €
Balance sheet
Equity282,9 k €409,3 k €
Total assets350,7 k €432,1 k €
Cash130,2 k €417 k €
Debts67,8 k €22,7 k €
Other
Workforce1,4 ETP1,0 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 31/12/2025 · 6 active · 1 ended

Active mandates

SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON

Director · since 20 juin 2025 · 0430.636.943

Represented by Alexandre BERBINSCHI

Active
Fernand DIMIDSCHSTEIN

Administrateur - Président · since 21 février 2025

Active
Romain DECORPS

Administrateur - Président · since 01 janvier 2024 · until 21 février 2025

Active
Frédéric LANI

Managing director

Active
Olivier THIRIFAYS

Managing director

Active
Pascal JACQUES

Director

Active

Ended mandates

Antoirne DUBOSCQ

Administrateur - Président · until 31 décembre 2023

Ended
At this address

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Annual accounts

Full financial information

20252024
Type of accountAbridged modelAbridged model
Start of the financial year01/01/202503/05/2023
Closing of the financial year31/12/202531/12/2024
Length of the financial year12 months20 months
Filing date13/07/202602/07/2025
General meeting26/06/202620/06/2025
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202613/07/2026FrenchPDF
Abridged model31/12/202420/06/202502/07/2025FrenchPDF
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 31/12/2025 · 6 active · 1 ended

Active mandates

SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON

Director · since 20 juin 2025 · 0430.636.943

Represented by Alexandre BERBINSCHI

Active
Fernand DIMIDSCHSTEIN

Administrateur - Président · since 21 février 2025

Active
Romain DECORPS

Administrateur - Président · since 01 janvier 2024 · until 21 février 2025

Active
Frédéric LANI

Managing director

Active
Olivier THIRIFAYS

Managing director

Active
Pascal JACQUES

Director

Active

Ended mandates

Antoirne DUBOSCQ

Administrateur - Président · until 31 décembre 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other16/04/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES
    PDF
  • Mandates31/10/2025
    Nomination
    PDF
  • Other19/04/2024
    DIVERS
    PDF
  • Mandates09/02/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other05/05/2023
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025-126,4 k €
  2. 2024
    Annual accounts 2024-65,7 k €
  3. 03/05/2023
    IncorporationPrivate limited company