SONITHERM
ActiveSONITHERM has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €495k and a net result of €76k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 64% of 122 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▲+10
Solvency82▼-13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 1.94 against 0.7 in 2023; short-term debt: 20.3% and cash: 7.7% of total assets), and 43.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 24
Relative position
BE, all sectors
reference
Sector 24
higher
← fewer bankruptcies
more bankruptcies →
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 31-12-2024 was due by 31-07-2025 and was filed on 08-05-2025, 84 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
84 d early
2023
205 d early
2022
32 d early
2021
18 d early
2020
27 d late
2019
14 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€495k▲ 18.3%
2023 · €419k
2018: €-2k
2019: €13k
2020: €29k
2021: €1k
2022: €-38k
2023: €419k
2018 → 2024
Total assets
€874k▲ 45.4%
2023 · €601k
2018: €385k
2019: €359k
2020: €336k
2021: €307k
2022: €224k
2023: €601k
2018 → 2024
Net result
€76k▲ 1,013%
2023 · €7k
2018: €-24k
2019: €15k
2020: €16k
2021: €-28k
2022: €-39k
2023: €7k
2018 → 2024
Working capital
€167k
2023 · €-37k
2018: €46k
2019: €51k
2020: €59k
2021: €65k
2022: €-4k
2023: €-37k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€29k-€1k▼ 96.0%€-38k€419k€495k▲ 18.3%
Operating result€28k-€-20k€-33k▼ 63.6%€7k€84k▲ 1,070%
Net result€16k-€-28k€-39k▼ 38.4%€7k€76k▲ 1,013%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 1,070% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €874k
Fixed assets
€530k▲ 3.5%
Current assets
€344k▲ 286%
Equity and liabilities €874k
Equity
€495k▲ 18.3%
Debt
€378k▲ 108%
The debt ratio rises from 30.3% to 43.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€135k▲
2023 · €31k
Cash flow
€127k▲
2023 · €31k
Solvency
56.7%▼
2023 · 69.7%
Current ratio
1.94▲
2023 · 0.70
Quick ratio
1.94▲
2023 · 0.70
Debt / equity
0.76▲
2023 · 0.43
ROE
15.4%▲
2023 · 1.6%
ROA
8.8%▲
2023 · 1.1%
Interest coverage
16.72▼
2023 · 26.62
Debt
€378k▲
2023 · €182k
Debt ≤ 1 year
€177k▲
2023 · €126k
Debt > 1 year
€201k▲
2023 · €56k
Income taxes
€257▼
2023 · €264
Staff costs
€132k▼
2023 · €147k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€601k€874k▲
Fixed assets21/28€512k€530k▲
Tangible fixed assets22/27€512k€529k▲
Land and buildings22€462k€502k▲
Plant, machinery and equipment23€47k€24k▼
Furniture and vehicles24€3k€3k▲
Financial fixed assets28€335€335=
Current assets29/58€89k€344k▲
Amounts receivable within one year40/41€64k€277k▲
Trade receivables40€64k€160k▲
Other amounts receivable41-€117k
Cash at bank and in hand54/58€16k€67k▲
Deferred charges and accrued income490/1€9k-
Equity and liabilities
Total equity and liabilities10/49€601k€874k▲
Equity10/15€419k€495k▲
Contributions10/11€19k€19k=
Revaluation surpluses12€450k€450k=
Reserves13€58k€58k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€56k€56k=
Profit (loss) carried forward14€-108k€-31k▲
Amounts payable17/49€182k€378k▲
Amounts payable after more than one year17€56k€201k▲
Financial debts170/4€56k€201k▲
Amounts payable within one year42/48€126k€177k▲
Current portion of amounts payable after more than one year42€46k€68k▲
Trade debts44€15k€69k▲
Suppliers440/4€15k€69k▲
Taxes, remuneration and social security45€53k€36k▼
Taxes450/3€19k€23k▲
Remuneration and social security454/9€33k€13k▼
Other amounts payable47/48€13k€4k▼
Accrued charges and deferred income492/3€75-
Income statement
Code20232024
Remuneration, social security and pensions62€147k€132k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€50k▲
Other operating charges640/8€5k€6k▲
Gross operating margin9900€183k€273k▲
Operating profit (loss)9901€7k€84k▲
Financial income75/76B€1k€471▼
Recurring financial income75€1k€471▼
Financial charges65/66B€1k€8k▲
Recurring financial charges65€1k€8k▲
Profit (loss) for the period before taxes9903€7k€77k▲
Income taxes67/77€264€257▼
Profit (loss) for the period9904€7k€76k▲
Profit (loss) for the period to be appropriated9905€7k€76k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-108k€-31k▲
Profit (loss) brought forward from the previous period14P€-115k€-108k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €76k ▲1013%
Operating result €84k, net result €76k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.94
Current ratio from 0.70 to 1.94.
08-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
31-12
Financial
Equity above €200kEq €419k
Equity rises from €-38k to €419k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-39k
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
14-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Herstal · 1 establishment unit since 1999
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Bellenay 714040 HerstalGround area
442 m²
Parcel 62051C0259/00B004, Wallonia. Linked by address, not a title deed.
1 establishment unit
SONITHERM
since 19992.094.817.839
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62051C0259/00B004 | Wallonia | 442 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 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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VAN DEN BOSSCHE ALUMINIUM EN P.V.C.
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CODEFCO
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HEKKENBOUWER
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Of 191 companies in sector 24100 we hold annual accounts for 134. 83 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-09-1999
Fiscal year end31-12
Activities, NACEBEL
24100Manufacture of basic metals
25510Coating of metals
25610Manufacture of fabricated metal products, except machinery and equipment
28510
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@sonitherm.be