FRIGITHERM
ActiveFRIGITHERM has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57k and a net result of €14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 69% of 27319 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
98
/ 100
Excellent▲ +5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+31
Solvency99▼-1
Growth78=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.99 against 3.67 in 2024), and 35.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
64.7%
Return on assets
15.8%
Age of the figures
14 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-12-2025, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
28 d early
2023
7 d early
2022
33 d early
2021
11 d early
2020
31 d early
2019
10 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close12-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€57k▼ 15.1%
2024 · €67k
2019: €28k
2020: €7k
2021: €14k
2022: €12k
2023: €58k
2024: €67k
2019 → 2025
Total assets
€88k▲ 9.7%
2024 · €80k
2019: €51k
2020: €30k
2021: €29k
2022: €36k
2023: €85k
2024: €80k
2019 → 2025
Net result
€14k▲ 50.7%
2024 · €9k
2019: €7k
2020: €-21k
2021: €7k
2022: €-2k
2023: €33k
2024: €9k
2019 → 2025
Working capital
€31k▼ 13.2%
2024 · €35k
2019: €27k
2020: €2k
2021: €12k
2022: €9k
2023: €56k
2024: €35k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€14k-€12k▼ 14.4%€58k▲ 389%€67k▲ 16.0%€57k▼ 15.1%
Operating result€8k-€-1k€41k€12k▼ 70.3%€18k▲ 50.4%
Net result€7k-€-2k€33k€9k▼ 72.4%€14k▲ 50.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 50% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €88k
Fixed assets
€26k▼ 17.2%
Current assets
€62k▲ 27.2%
Equity and liabilities €88k
Equity
€57k▼ 15.1%
Debt
€31k▲ 135%
The debt ratio rises from 16.5% to 35.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€28k▲
2024 · €19k
Cash flow
€24k▲
2024 · €16k
Solvency
64.7%▼
2024 · 83.5%
Current ratio
1.99▼
2024 · 3.67
Quick ratio
1.99▼
2024 · 3.67
Debt / equity
0.55▲
2024 · 0.20
ROE
24.5%▲
2024 · 13.8%
ROA
15.8%▲
2024 · 11.5%
Interest coverage
252.50▲
2024 · 27.06
Debt
€31k▲
2024 · €13k
Debt ≤ 1 year
€31k▲
2024 · €13k
Income taxes
€4k▲
2024 · €2k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€80k€88k▲
Fixed assets21/28€32k€26k▼
Tangible fixed assets22/27€32k€26k▼
Plant, machinery and equipment23-€1k
Furniture and vehicles24€32k€25k▼
Financial fixed assets28€90€90=
Current assets29/58€48k€62k▲
Amounts receivable within one year40/41€46k€18k▼
Trade receivables40€42k€14k▼
Other amounts receivable41€4k€4k▼
Cash at bank and in hand54/58€2k€44k▲
Equity and liabilities
Total equity and liabilities10/49€80k€88k▲
Equity10/15€67k€57k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€46k€36k▼
Amounts payable17/49€13k€31k▲
Amounts payable within one year42/48€13k€31k▲
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€425€2k▲
Remuneration and social security454/9€3k-
Other amounts payable47/48€7k€23k▲
Income statement
Code20242025
Non-recurring operating income76A€7k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€10k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€21k€30k▲
Operating profit (loss)9901€12k€18k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€688€112▼
Recurring financial charges65€688€112▼
Profit (loss) for the period before taxes9903€11k€18k▲
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€9k€14k▲
Profit (loss) for the period to be appropriated9905€9k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€46k€60k▲
Profit (loss) brought forward from the previous period14P€37k€46k▲
Profit to be distributed694/7-€24k
Return on contributions (dividend)694-€24k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
16-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
03-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
30-06
Financial
Liquidity doublescurrent ratio 3.05
Current ratio from 1.38 to 3.05.
2022
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
20-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
2020
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Weakest financial yearnet €-21k ▼391%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
10-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 10 days late
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
3 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, Tubize · 1 establishment unit since 2014
Ground area
1,507 m²
Parcel 25097B0044/00T000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Julien Marsille 123 B, 1480 Tubize
since 20142.233.700.162
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25097B0044/00T000indicative | Wallonia | 1,507 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,478 companies in sector 43222 we hold annual accounts for 5,626. 4,620 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-03-2014
Fiscal year end30-06
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 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.