AB THERM
Open bankruptcyA bankruptcy procedure is open for AB THERM according to publications in the Belgian State Gazette; curator: SARAH LECLERE. The 2022 annual accounts show equity of €28k and a net result of €-6k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 26-10-2023, 87 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
87 d late
2021
26 d late
2020
33 d early
2019
26 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-6k
2021 · €11k
2018: €8k
2019: €-7k
2020: €-507
2021: €11k
2018 → 2022
Working capital
€22k▼ 22.2%
2021 · €28k
2018: €29k
2019: €23k
2020: €23k
2021: €28k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€31k-€24k▼ 21.7%€23k▼ 2.1%€34k▲ 44.9%€28k▼ 17.9%
Operating result€9k-€-5k€663€11k▲ 1,570%€-5k
Net result€8k-€-7k€-507▲ 92.3%€11k€-6k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €5k after €11k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €68k
Fixed assets
€26k▼ 20.4%
Current assets
€43k▼ 21.3%
Equity and liabilities €68k
Equity
€28k▼ 17.9%
Debt
€40k▼ 23.0%
The debt ratio falls from 60.7% to 59.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3k▼
2021 · €17k
Cash flow
€2k▼
2021 · €16k
Solvency
40.8%▲
2021 · 39.3%
Current ratio
2.06▼
2021 · 2.08
Quick ratio
1.78▲
2021 · 1.60
Debt / equity
1.45▼
2021 · 1.54
ROE
-21.8%▼
2021 · 31.0%
ROA
-8.9%▼
2021 · 12.2%
Interest coverage
3.98▼
2021 · 29.22
Debt
€40k▼
2021 · €52k
Debt ≤ 1 year
€21k▼
2021 · €26k
Debt > 1 year
€20k▼
2021 · €26k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€86k€68k▼
Fixed assets21/28€32k€26k▼
Intangible fixed assets21€476€596▲
Tangible fixed assets22/27€32k€25k▼
Plant, machinery and equipment23€652€767▲
Furniture and vehicles24-€349
Leasing and similar rights25€31k€24k▼
Financial fixed assets28€50€50=
Current assets29/58€54k€43k▼
Stocks and contracts in progress3€12k€6k▼
Stocks30/36€12k€6k▼
Amounts receivable within one year40/41€36k€31k▼
Trade receivables40€36k€24k▼
Other amounts receivable41€579€7k▲
Cash at bank and in hand54/58€5k€3k▼
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€86k€68k▼
Equity10/15€34k€28k▼
Contributions10/11€19k€19k=
Reserves13€12k€12k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€11k€11k=
Profit (loss) carried forward14€3k€-3k▼
Amounts payable17/49€52k€40k▼
Amounts payable after more than one year17€26k€20k▼
Financial debts170/4€26k€20k▼
Amounts payable within one year42/48€26k€21k▼
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€18k€14k▼
Suppliers440/4€18k€14k▼
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Other amounts payable47/48€108€395▲
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€8k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k-
Other operating charges640/8€200€409▲
Non-recurring operating charges66A-€3k
Gross operating margin9900€20k€6k▼
Operating profit (loss)9901€11k€-5k▼
Financial income75/76B€5€47▲
Recurring financial income75€5€47▲
Financial charges65/66B€566€632▲
Recurring financial charges65€566€632▲
Profit (loss) for the period before taxes9903€11k€-6k▼
Profit (loss) for the period9904€11k€-6k▼
Profit (loss) for the period to be appropriated9905€11k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-3k▼
Profit (loss) brought forward from the previous period14P€-8k€3k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
11-12
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Namur · AB THERM SRL RUE DU SOURD D’AVE, 2B, 5580 ROCHEFORT · event 05-12-2024
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 87 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
31-12
Financial
Weakest financial yearnet €-7k ▼183%
Net result drops to €-7k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 24 days late
2015
24-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 24 days late
2014
27-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 27 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Rochefort · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Sourd d'Ave,Ave 25580 RochefortGround area
3,763 m²
Building footprint
351 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
AB THERM
since 20072.160.790.014
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91098B0193/00G000 | Wallonia | 2,309 m² | 1 · 151 m² | - |
| 91008C0823/00F000 | Wallonia | 1,454 m² | 1 · 200 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | SARAH LECLERE RUE DE BEHOGNE 78, 5580 ROCHE-
FORT |
05-12-2024 → present |
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 3,950 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded05-03-2007
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:alain.benoit@skynet.be
Phone:061/611142
Fax:061/502662