MANUTHERM
ActiveSummary
MANUTHERM has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111,719 and a net result of €35,353. Equity has been growing by about 15% per year since 2018. Its solvency ranks better than 87% of 34,954 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Official details
Source: KBO- Status
- Active since 22-01-1998 Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 2 others
- Joint committee
- 124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
- Establishment unit
- 2.085.433.781 6534 Thuin, since 13-02-1998
- Financial year end
- 31 December
- Peppol
- Reachable since 15-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.7%
- Gross margin
- €103,327
- ▲ 130%
- Turnover
- ≈ €320,000
- estimated
- Profit
- €35,353
- ▲ 568%
- Equity
- €111,719
- ▲ 46.3%
- Total assets
- €135,511
- ▲ 12.1%
- Employees on 31-12-2025
- 3
- ▲ 200%
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskSize: total assets €135,511Last filed accounts filed 31 days late; 3 of the last 3 accounts lateSector: Specialised construction activities (NACE 43)lowers riskFounded in 1998Show the evidence
Checked score
About 7 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 43, micro). It does better than 90% of them on solvency, 49% on liquidity, 92% on profitability and 82% on growth.
The bankruptcy probability was computed on 03-11-2026 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 36 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Legal-form change · Resignations & appointmentsChange of role: DONIAUX Manuel Joël Philippe, from manager to director
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as MANUTHERM: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €117,000 and €158,000, founded between 1994 and 2001.
| Company | Total assets | Gross margin |
|---|---|---|
| MANUTHERM Thuin | €135,511 | €103,327 |
| HUMITHERM Chapelle-lez-Herlaimont | €149,796 | €120,252 |
| HEYMANS SRL Sint-Lambrechts-Woluwe | €123,789 | €102,180 |
| THEUNISSEN MARC Visé | €122,370 | €102,963 |
| SCAGLITHERM Grez-Doiceau | €117,094 | €96,494 |
| MARCEL JACOBS Voeren | €122,528 | €126,031 |
| GASPAR INSTALLATIE TECHNIEK Antwerpen | €158,095 | €98,345 |
Key facts about MANUTHERM
- What is the company number of MANUTHERM?
- The company number of MANUTHERM is 0462.502.433. The VAT number is the same number with BE in front: BE 0462.502.433.
- Where is MANUTHERM based?
- The registered office is at Rue de Marchienne(GOZ) 179, 6534 Thuin.Company details
- What does MANUTHERM 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 MANUTHERM?
- The legal form of MANUTHERM is Private limited company (BV).
- When was MANUTHERM founded?
- MANUTHERM was founded on 22-01-1998.
- Is MANUTHERM still active?
- Yes, MANUTHERM is an active enterprise in the KBO register.
- How many employees does MANUTHERM have?
- MANUTHERM had an average of 1.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MANUTHERM fall under?
- In its 2025 annual accounts, MANUTHERM states joint committee 124 (Paritair Comité voor het bouwbedrijf).
- What is the turnover of MANUTHERM?
- The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €103,327 and 86 comparable companies (NACE 432). It probably lies between €260,000 and €390,000.
- Is MANUTHERM profitable?
- In financial year 2025, MANUTHERM made a profit of €35,353.
- Where can I find the annual accounts of MANUTHERM?
- MANUTHERM filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MANUTHERM due?
- MANUTHERM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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