ACTIVE

THERMICAL

Financial year 2025 · Closed on 31/12/2025

Net result73,2 k €+94,4 %over 1 year

Gross margin565,9 k €+29,4 %over 1 year

Equity425,2 k €+5,8 %over 1 year

Identity

Source · BCE/KBO

THERMICAL is a Private limited company incorporated in 2009. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Bièvre.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0809.462.030
Incorporation: 29/01/2009
Legal form: Private limited company
Registered office: Rue Alphonse Lepage, Naomé 27
5555 Bièvre · WallonieSee on map
Contributed capital: 20 460,00 €
Latest accounts: 31/12/2025

Activities (NACE)

43222Plumbing, heat and air-conditioning installation· main 43222Plumbing, heat and air-conditioning installation 43211Electrical installation 43211Electrical installation

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 17 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	565,9 k €	+29.4%	437,5 k €	+12.5%	388,7 k €	+30.7%	297,4 k €	+67.4%	177,6 k €
EBITDA	160,3 k €	+90.3%	84,2 k €	-45.9%	155,6 k €	+49.3%	104,2 k €	+259%	29,1 k €
Operating result	136,2 k €	+144%	55,8 k €	-58.6%	134,7 k €	+58.5%	85 k €	+848%	9 k €
Net result	73,2 k €	+94.4%	37,7 k €	-56.9%	87,4 k €	+84.4%	47,4 k €	+863%	4,9 k €
Balance sheet
Equity	425,2 k €	+5.8%	402 k €	+10.3%	364,3 k €	0.0%	364,3 k €	+15.0%	316,9 k €
Total assets	1 M €	+28.7%	803,5 k €	+9.6%	733 k €	+7.1%	684,7 k €	+33.4%	513,2 k €
Cash	140,3 k €	-16.8%	168,7 k €	+54.3%	109,3 k €	-52.6%	230,8 k €	+13.7%	203 k €
Debts	600,5 k €	+51.0%	397,8 k €	+7.9%	368,7 k €	+15.1%	320,4 k €	+63.2%	196,3 k €
Other
Workforce	–		–		–		–		2,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
OD HOLDING1014.924.658	Directorsince 04/11/2024
Olivier José Depierreux	Managing directorsince 04/11/2024
Michaël PETIT	DirectorManager29/01/2009 → 2022 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Rudy VAN WEERT	Manager29/01/2009 → 2022 accountsDirector2024 accounts

Other companies at this address

Rue Alphonse Lepage, Naomé 27 5555 Bièvre

Company	CBE no.
CONSTRUCTION DEPIERREUX OLIVIER● Active	0867.552.756

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Micro 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	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/06/2026	31/07/2025	08/11/2024	03/08/2023	09/08/2022	30/08/2021
General meeting	25/06/2026	30/06/2025	04/11/2024	29/06/2023	30/06/2022	24/06/2021
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 · NBB

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Annual accounts filings

Source · NBB, 17 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	25/06/2026	27/06/2026	French	PDF
Micro model	31/12/2024	30/06/2025	31/07/2025	French	PDF
Micro model	31/12/2023	04/11/2024	08/11/2024	French	PDF
Micro model	31/12/2022	29/06/2023	03/08/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	09/08/2022	French	PDF
Micro model	31/12/2020	24/06/2021	30/08/2021	French	PDF
Micro model	31/12/2019	25/06/2020	04/09/2020	French	PDF
Micro model	31/12/2018	13/06/2019	06/07/2019	French	PDF
Abridged model	31/12/2017	28/06/2018	17/07/2018	French	PDF
Abridged model	31/12/2016	29/06/2017	19/08/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	27/07/2016	French	PDF
Abridged model	31/12/2014	25/06/2015	15/08/2015	French	PDF
Abridged model	31/12/2013	26/06/2014	13/09/2014	French	PDF
Abridged model	31/12/2012	27/06/2013	28/08/2013	French	PDF
Abridged model	31/12/2011	28/06/2012	03/07/2012	French	PDF
Abridged model	31/12/2010	23/06/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	24/06/2010	29/06/2010	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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

3 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
OD HOLDING1014.924.658	Directorsince 04/11/2024
Olivier José Depierreux	Managing directorsince 04/11/2024
Michaël PETIT	DirectorManager29/01/2009 → 2022 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Rudy VAN WEERT	Manager29/01/2009 → 2022 accountsDirector2024 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Capital / shares26/06/2026
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Mandates06/01/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates26/11/2024
DEMISSIONS, NOMINATIONS
PDF
Registered office21/06/2010
Modification de l'adresse du siège social
PDF
Capital / shares31/03/2010
Rapport spécial de l'organe de gestion prévu par l'article 222 du Code des
PDF
Other02/02/2009
Constitution
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings17 filings

Mandates

OD HOLDING

Olivier José Depierreux

Michaël PETIT

Rudy VAN WEERT

200920102011201220132014201520162017201820192020202120222023202420252026

THERMICAL

Rue Alphonse Lepage, Naomé 27, 5555 BièvreRue De La Haige Noirefontaine 8, 6831 Noirefontaine

Director

Managing director

DirectorManager

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue Alphonse Lepage, Naomé 27, 5555 BièvreCurrent	accounts 2025	Accounts 2025 · 2026-00233233
Rue De La Haige Noirefontaine 8, 6831 Noirefontaine	accounts 2021 → 2024	Accounts 2024 · 2025-00353840

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
THERMICALCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00233233

Events

2025
Annual accounts 202573,2 k €↑
2024
Annual accounts 202437,7 k €↓
2023
Annual accounts 202387,4 k €↑
2022
Annual accounts 202247,4 k €↑
2021
Annual accounts 20214,9 k €↓
2020
Annual accounts 202068,6 k €↑
2019
Annual accounts 201962,6 k €↑
2018
Annual accounts 20185,1 k €↑
2017
Annual accounts 2017-1,1 k €↑
2016
Annual accounts 2016-5,3 k €↓
2015
Annual accounts 201559,3 k €↑
2014
Annual accounts 201436,2 k €↑
2013
Annual accounts 20133 k €↑
2012
Annual accounts 20122,1 k €↓
2011
Annual accounts 201145,9 k €↑
2010
Annual accounts 201014,8 k €↓
2009
Annual accounts 200943,8 k €
29/01/2009
IncorporationPrivate limited company

THERMICAL

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events