B-THERM

Active

Private limited company (pre-2019)founded 201412 yrs activeLakense Laan 13, 1090 Jette, BelgiumKBO/BCE: BE 0547.571.928

The computed 12-month bankruptcy probability of B-THERM is 2.0% (moderate). The 2024 annual accounts show equity of €40k and a net result of €2k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 82% of 36373 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

69 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability73▲+71

Solvency100=

Growth47=

Track record100

Bankruptcy probability, 12 months

2.0% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €2.5k at 30 days acceptable

Liquidity ample (current ratio 4.17 against 6.57 in 2023; short-term debt: 23.8% and cash: 11.7% of total assets), and 23.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

76.2%

Return on assets

3.5%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-07-2025, 14 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

14 d early

2023

32 d early

2022

24 d early

2021

on the day

2020

7 d late

2019

41 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€94k▲ 13.0%

2019 · €84k

2019: €84k

2019 → 2020

EBIT margin

14.7%▲ 16.8pp

2019 · -2.1%

2019: -2.1%

2019 → 2020

Net result

€2k

2023 · €-6k

2018: €9k 2019: €-2k 2020: €14k 2021: €-5k 2022: €-598 2023: €-6k

2018 → 2024

Working capital

€40k▲ 7.6%

2023 · €37k

2018: €36k 2019: €30k 2020: €43k 2021: €39k 2022: €42k 2023: €37k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€94k-

Equity€50k-€45k▼ 10.5%€44k▼ 1.3%€38k▼ 13.6%€40k▲ 4.8%

Operating result€14k-€-5k€-559▲ 88.7%€-5k▼ 796%€7k

Net result€14k-€-5k€-598▲ 88.6%€-6k▼ 905%€2k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €7k after a loss of €5k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €53k

99.3%

Fixed assets €360▼ 72.4%

Current assets €52k▲ 20.0%

Equity and liabilities €53k

76.2%

23.8%

Equity €40k▲ 4.8%

Debt €13k▲ 89.0%

The debt ratio rises from 14.8% to 23.8%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€8k▲

2023 · €-4k

Cash flow

€3k▲

2023 · €-5k

Solvency

76.2%▼

2023 · 85.2%

Current ratio

4.17▼

2023 · 6.57

Quick ratio

4.17▼

2023 · 6.57

Debt / equity

0.31▲

2023 · 0.17

ROE

4.6%▲

2023 · -15.7%

ROA

3.5%▲

2023 · -13.4%

Interest coverage

23.92▲

2023 · -12.53

Debt

€13k▲

2023 · €7k

Debt ≤ 1 year

€13k▲

2023 · €7k

Income taxes

€5k▲

2023 · €660

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€45k€53k▲

Fixed assets21/28€1k€360▼

Tangible fixed assets22/27€1k€360▼

Furniture and vehicles24€1k€360▼

Current assets29/58€44k€52k▲

Amounts receivable within one year40/41€34k€46k▲

Trade receivables40€15k€29k▲

Other amounts receivable41€19k€17k▼

Cash at bank and in hand54/58€9k€6k▼

Deferred charges and accrued income490/1€551€226▼

Equity and liabilities

Total equity and liabilities10/49€45k€53k▲

Equity10/15€38k€40k▲

Contributions10/11€6k€6k=

Reserves13€3k€3k=

Non-distributable reserves130/1€3k€3k=

Reserves not available under the articles1311€3k€3k=

Profit (loss) carried forward14€30k€31k▲

Amounts payable17/49€7k€13k▲

Amounts payable within one year42/48€7k€13k▲

Trade debts44€7k€11k▲

Suppliers440/4€7k€11k▲

Taxes, remuneration and social security45-€2k

Taxes450/3-€2k

Income statement Code20232024

Remuneration, social security and pensions62€254-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€735€945▲

Other operating charges640/8€479€2k▲

Gross operating margin9900€-4k€10k▲

Operating profit (loss)9901€-5k€7k▲

Financial income75/76B-€2

Recurring financial income75-€2

Financial charges65/66B€341€334▼

Recurring financial charges65€341€334▼

Profit (loss) for the period before taxes9903€-5k€7k▲

Income taxes67/77€660€5k▲

Profit (loss) for the period9904€-6k€2k▲

Profit (loss) for the period to be appropriated9905€-6k€2k▲

Appropriation of the result

Profit (loss) to be appropriated9906€30k€31k▲

Profit (loss) brought forward from the previous period14P€36k€30k▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

2025

17-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €2k

Net result €2k after 3 loss-making years.

29-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Weakest financial yearnet €-6k

Net result drops to €-6k, the lowest in the series; recovery starts the following year.

07-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

07-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 7 days late

2020

31-12

Financial Back to profitnet €14k

Net result €14k after one loss-making year.

10-09

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 41 days late

2019

30-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 30 days late

2018

08-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 8 days late

2017

03-09

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 34 days late

2016

05-10

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 66 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

4 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, Jette · 1 establishment unit since 2014

establishment The establishment unit on the map

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.

Lakense Laan 131090 Jette

Ground area

237 m²

Building footprint

238 m²

Volume, LiDAR

1,955 m³

Parcel 21464E0002/00D005, Brussels · tallest building 18.5 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

B-THERM

Lakense Laan 13, 1090 JetteGeneral electrical installation work

since 20142.228.667.941

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21464E0002/00D005	Brussels	237 m²	1 · 238 m²	18.5 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Huysmans Tom CV & Sanitair

Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,324 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded28-02-2014

Fiscal year end31-12

Activities, NACEBEL

43222Installation of electric heating, air conditioning, cooling and ventilation

Sources

Crossroads Bank for EnterprisesNational Bank · 11 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 entries

Phone:0485/221737

Enterprise

E-mail:verobtherm@gmail.com

Establishment Jette 2.228.667.941

Phone:0483/33.71.98

Establishment Jette 2.228.667.941