Equity
€267,075 ▲ 3.1%
ECOTHERM paid out €20,000 in dividends. That is 66% of the 2025 profit.
ECOTHERM
Lifetime
17 annual accounts with figures on one time axispeak €390,139 (2022)
€305,132▼ 1.4%
lowest -€27,267 (2017)
€30,193▲ 684%
peak €306,042 (2022)
€267,075▲ 3.1%
€645,792▼ 18.4%
peak 5 FTE (2018)
-not published
Board1 name since 2024
-
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Result from €3,853 to €30,193Dividend €20,000Debts from €791,104 to €645,792
Key points
from the 2025 annual accountsTurnover
≈ €770,000 estimated
The accounts state no turnover.
Debts
€645,792 71% of the balance sheet
Financial debts 30%Suppliers 2%Taxes and wages 6%Other 62%
Of this, €299,040 falls due within a year.
Staff
2.6 FTE from 5 in 2018
Between 2018 and 2025, 48% of the full-time equivalents disappeared.
Filings
17 annual accounts since 2009
Eight of the last ten came late. The 2021 accounts came latest: 31 days after the end of the period.
Position in the sector
€267,075
More equity than 89% of companies in specialised construction. Sector median €57,825 · 37,254 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 4,514 companies had the same profile as ECOTHERM has now. Each dot stands for 12 companies, two years later.
96.8%
were still trading
1.8%
stopped another way
1.4%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,514 companies, not a prediction for ECOTHERM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Change of role: , from manager to unique administrateur non statutaire
Legal-form conversion: from private limited company (pre-2019) to private limited company · Director discharge: (manager) · Gazette deed
Incorporation
published on 24-10-2008 · Gazette deed
First establishment
Route d'Eupen 102, Baelen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ECOTHERM Baelen | €0.9m | €305,132 | 29.3% | - |
| JOBE CHAUFFAGE Liège | €0.9m | €281,645 | 93.4% | - |
| RALPH WOUTERS Raeren | €1.0m | €330,789 | 32.4% | 4 |
| ATMOSPH-AIR Herve | €1.0m | €295,646 | 43.6% | - |
| ABTS ERIC Bierbeek | €0.9m | €316,687 | 52.0% | 1 |
| E-TEC Herentals | €0.9m | €305,888 | 65.2% | - |
| VENTI@HOME Tremelo | €1.0m | €327,512 | 46.1% | - |
These companies have the same main activity as ECOTHERM: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €898,000 and €1m, founded between 2007 and 2008.
Official details
Source: KBO- Status
- Active since 16-10-2008Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 5 others
- Establishment unit
- 2.174.294.0954837 Baelen, since 16-10-2008
- Financial year end
- 31 December
- Peppol
- Reachable
Insights on ECOTHERM
ECOTHERM files the micro format. That format states no turnover. The gross margin rose from €8,482 in 2009 to €305,132 in 2025.
The balance sheet grew most from 2014 to 2016 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ECOTHERM
- What is the company number of ECOTHERM?
- The company number of ECOTHERM is 0807.150.757. The VAT number is the same number with BE in front: BE 0807.150.757.
- Where is ECOTHERM based?
- The registered office is at Route d'Eupen 102, 4837 Baelen.Company details
- What does ECOTHERM do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of ECOTHERM?
- ECOTHERM is a private limited company (BV).
- When was ECOTHERM founded?
- ECOTHERM was founded on 16-10-2008.
- Is ECOTHERM still active?
- Yes, ECOTHERM is an active enterprise in the KBO register.
- How many employees does ECOTHERM have?
- ECOTHERM had an average of 2.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ECOTHERM?
- The turnover in financial year 2025 is ≈ €770,000. This figure is estimated from the gross margin of €305,132 and 35 comparable companies (NACE 432). It probably lies between €620,000 and €990,000.
- Is ECOTHERM profitable?
- In financial year 2025, ECOTHERM made a profit of €30,193.
- Where can I find the annual accounts of ECOTHERM?
- ECOTHERM filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ECOTHERM due?
- ECOTHERM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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