TERMIC
The computed 12-month bankruptcy probability of TERMIC is 2.5% (moderate). The 2025 annual accounts show equity of €96k and a net result of €11k. Equity is growing by ~37.7% per year across the filed fiscal years. Its solvency ranks better than 36% of 2851 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €96k |
| Net result | €11k |
| Staff (FTE) | 2.7 |
| Better than sector | 36% |
Strong profile, led by stability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 30.5% | 43.4% | |
| Net result | €11k | €14k | |
| Equity | €96k | €44k | |
| Gross operating margin | €175k | €39k | |
| Staff costs | €134k | €30k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €40k |
| Net profit | €11k |
| Cash flow | €34k |
| Staff costs | €134k |
| Income taxes | €3k |
| Dividends | - |
| Total assets | €315k |
| Equity | €96k |
| Debt | €219k |
| of which ≤ 1y | €211k |
| of which > 1y | €5k |
| Working capital | €40k |
| Employees (FTE) | 2.7 |
| 2025 | |
|---|---|
| Current ratio | 1.19 |
| Quick ratio | 1.03 |
| Working capital ratio | 12.6% |
| Solvency | 30.5% |
| Debt / equity | 2.28 |
| Long-term debt ratio | 0.06 |
| Interest coverage | 11.48 |
| Gross margin | - |
| Net margin | - |
| ROA | 3.5% |
| ROE | 11.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €315k |
| Fixed assets | 21/28 | €64k |
| Intangible fixed assets | 21 | €6k |
| Tangible fixed assets | 22/27 | €53k |
| Financial fixed assets | 28 | €6k |
| Current assets | 29/58 | €251k |
| Stocks & contracts in progress | 3 | €34k |
| Amounts receivable within one year | 40/41 | €192k |
| Cash & bank | 54/58 | €18k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €315k |
| Equity | 10/15 | €96k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €93k |
| Accumulated profits (losses) | 14 | €80 |
| Amounts payable | 17/49 | €219k |
| Amounts payable after one year | 17 | €5k |
| Amounts payable within one year | 42/48 | €211k |
| Trade debts payable within one year | 44 | €98k |
| Income statement | ||
| Gross operating margin | 9900 | €175k |
| Operating result | 9901 | €17k |
| Financial income | 75 | €239 |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €14k |
| Income taxes | 67/77 | €3k |
| Net result for the period | 9904 | €11k |
| Result to be appropriated | 9905 | €11k |
| NACE primary | Specialised construction(43222) |
| Legal form | Private limited company(610) |
| Incorporation | 07-07-2022 |
| Status | Active |
| Postal code | 4840 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63057A1368/00A000 | Wallonia | 1,103 m² | 1 · 250 m² | - |
| 63084A0063/00B002 | Wallonia | 494 m² | 1 · 83 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
26-01-2023 Registered office moved from Thimister-Clermont to Welkenraedt
- Rue du Bosquet,3 -4890 Thimister-Clermont → rue de l"Yser, 129 à 4840 Welkenraedt
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "rue de l\u0022Yser, 129 \u00E0 4840 Welkenraedt",
"city": "Welkenraedt",
"region": "waals_gewest",
"street": "de l\u0027Yser",
"country": "BE",
"postcode": "4840",
"box_number": null,
"street_number": "129",
"locality_suffix": null
},
"old_address": {
"raw": "Rue du Bosquet,3 -4890 Thimister-Clermont",
"city": "Thimister-Clermont",
"region": "waals_gewest",
"street": "du Bosquet",
"country": "BE",
"postcode": "4890",
"box_number": null,
"street_number": "3",
"locality_suffix": null
},
"effective_date": "2023-01-18",
"evidence_quote": "L\u0027organe d\u0027administration a d\u00E9cid\u00E9, \u00E0 l\u0027unanimit\u00E9, avec effet imm\u00E9diat, de transf\u00E9rer le si\u00E8ge social de la soci\u00E9t\u00E9 de rue du Bosquet, 3 \u00E0 4890 Thimister-Clermont vers rue de l\u0022Yser, 129 \u00E0 4840 Welkenraedt.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2023-01-26",
"filing_date": "2023-01-18",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2023-01-18",
"unanimous": true
},
"subject_company": {
"kbo": "0788.345.724",
"name_full": "TERMIC",
"legal_form": "SRL",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "DELPORTE Cyril",
"org_rep_person_name": null,
"person_role_at_subject": "administrateur"
},
"co_filed_documents": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | TERMIC |