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Euro Thermo

Active
Public limited companyfounded 1963active for 63 yearsSchrijvenhagenstraat 8, 3670 Oudsbergen, BelgiumKBO/BCE: BE 0401.297.413

From the official registers: KBO 49 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Euro Thermo has been active since 1963 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €312,828 and a net result of €3,815. Equity is shrinking by about 15% per year across the filed financial years. Its solvency ranks better than 95% of 5,786 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
Euro ThermoActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 16-02-1963 Normal situation
Legal form
Public limited company
Registered office
Schrijvenhagenstraat 8, 3670 Oudsbergen
Activity
Renting and operating of own or leased non-residential real estate, excluding land NACE 68203and 3 others
Establishment unit
2.009.332.828 3670 Oudsbergen, since 01-07-1963
Financial year end
31 December
Peppol
Reachable since 26-11-2024
Company details

Who decides

Board
  • Damah BVManaging director · permanent representative Joeri Haex
  • Michel HaexDirector · since 27-10-2022
Shareholders
Board & ownership

How it is doing

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€4,667
Turnover
≈ €16,000
estimated
Profit
€3,815
Equity
€312,828
▲ 1.2%
Total assets
€316,089
▲ 1.4%
2025 accounts 2 days early
Filed on 29-07-2026at the National Bank
Financials
Why 95raises riskLiquidity: current ratio 9.98, cash €14,918lowers riskEquity €312,828 (99.0% of total assets)Size: total assets €316,089Founded in 1963Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 61% of its sector peers (NACE 68, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 99.0% of total assets
Liquidity 56-5
short-term debt 1.0% · cash 4.7%
Profitability 41+8
return on assets 1.2%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 11-2024: 1.5%highest value 12-2024: 0.3%▼ -1.2 percentage points vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.1%▼ -0.2 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity ample (current ratio 9.98, compared with 10.9 in 2024, above the usual 1.5; short-term debt: 1% and cash: 4.7% of total assets), and 1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 91% on solvency, 67% on liquidity, 36% on profitability and 50% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Equity €312,828 (99.0% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 9.98, cash €14,918
NBB · annual accounts
lowers risk · Size: total assets €316,089
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1963
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
20 days early
2023
29 days early
2022
31 days late
2021
17 days early
2020
39 days early
2019
25 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 14 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Positive: Oldest company in Oudsbergen, Real estate sectorin the Checked rankings No. 1 View

Documents

Annual accounts at the NBB

All 49 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Euro Thermo

What is the company number of Euro Thermo?
0401.297.413. In Belgium the VAT number is the company number with BE in front: BE 0401.297.413.
Where is Euro Thermo based?
The registered office is at Schrijvenhagenstraat 8, 3670 Oudsbergen.Company details
What does Euro Thermo do?
According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of Euro Thermo?
Public limited company (NV).
When was Euro Thermo founded?
On 16-02-1963.
Is Euro Thermo still active?
Yes, Euro Thermo is an active enterprise in the KBO register.
What is the turnover of Euro Thermo?
≈ €16,000 in financial year 2025. Estimated from the gross margin of €4,667: probably between €6,300 and €37,000, based on 31 comparable companies, NACE 68203. A rough estimate.Financials
Is Euro Thermo profitable?
In financial year 2025, Euro Thermo made a profit of €3,815.
Where can I find the annual accounts of Euro Thermo?
Euro Thermo filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Euro Thermo due?
By 31-07-2027, for financial year 2026.Timeline

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