Euro Thermo
ActiveSummary
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 has been shrinking by about 15% per year since 2018. Its solvency ranks better than 95% of 5,796 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 16-02-1963 Normal situation
- 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
Board and ownership
- Damah BVManaging director · permanent representative Joeri Haex
- Michel HaexDirector
- Damah100%· score 9730-09-2025 annual accounts of Damah
- Weldimo Holding BVconsolidatesannual accounts 2012
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €4,667
- Turnover
- ≈ €16,000
- estimated
- Profit
- €3,815
- Equity
- €312,828
- ▲ 1.2%
- Total assets
- €316,089
- ▲ 1.4%
Score breakdownraises 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
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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). It does better than 91% of them on solvency, 67% on liquidity, 36% on profitability and 50% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Oldest company in Oudsbergen, Real estate sectorin the Checked rankings No. 1 View
Recent changes
- · Gazette deed Capital & shares · Amendment of the articles
- · Gazette deed Registered office moved within OudsbergenResignation: Himo NV (director) · Permanent representative: Joeri Haex · Appointment: Damah BV (director)
- · Gazette deed Registered office moved to OudsbergenResignations: GEERITS VERHUUR NV (director) and Jozef Geerits (director) · Permanent representatives: Josche Geerits and Joeri Haex · Appointments: Michel Haex (director) and Himo NV (director)
Comparable companies
These companies have the same main activity as Euro Thermo: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €198,000 and €490,000, founded between 1939 and 1988.
| Company | Total assets | Gross margin |
|---|---|---|
| Euro Thermo Oudsbergen | €316,089 | €4,667 |
| ALTERUM FILUM Tessenderlo-Ham | €233,870 | €4,011 |
| Dekeyser Gistel | €244,732 | €7,529 |
| DECOR-OYENBRUG Vilvoorde | €242,131 | €5,251 |
| D.A.K.T. Beerse | €490,008 | €6,941 |
| DE WITTE ROOS - LA ROSE BLANCHE Schaarbeek | €349,022 | €4,769 |
| De Grooten Hof Geraardsbergen | €198,118 | €4,733 |
Key facts about Euro Thermo
- What is the company number of Euro Thermo?
- The company number of Euro Thermo is 0401.297.413. The VAT number is the same 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?
- The legal form of Euro Thermo is Public limited company (NV).
- When was Euro Thermo founded?
- Euro Thermo was 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?
- The turnover in financial year 2025 is ≈ €16,000. This figure is estimated from the gross margin of €4,667 and 31 comparable companies (NACE 68203). It probably lies between €6,300 and €37,000. It is 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.
- When are the next annual accounts of Euro Thermo due?
- Euro Thermo must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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