THERIMO

Active

Public limited companyfounded 1999active for 26 yearsDriemasten 126, 8560 Wevelgem, BelgiumKBO/BCE: BE 0468.461.005

Summary

THERIMO has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €690,109 and a net result of -€75,746. Equity is shrinking by about 3.8% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

THERIMOActiveChecked score 91/100

Risk analysis Report Compare

Activity

Activity not known1 site

Size

€3.2mtotal assets 2025

Equity: €690,109
Loss: -€75,746

Financial health

91 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

Parent: PATRIMOTE · 97.29%

2025 accounts 3 days early1 of 4 deeds summarised

Why 91raises riskLiquidity: cash €25,596Loss of €75,746, the second in a row (financial year 2025)lowers riskSize: total assets €3.2mFigures for financial year 2025 (filed 04-08-2026)Show the evidence

Checked score

Score 2025

91 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 30% of its sector peers (no NACE code, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 47-3

equity 21.5% of total assets

Liquidity 51+39

short-term debt 0.0% · cash 0.8%

Profitability 26-4

return on assets -2.4%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.2%▲ +0.1 percentage points vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.1%▼ -0.1 percentage points vs 03-2025 05-2025: 0.2%▲ +0.1 percentage points vs 04-2025 06-2025: 0.1%▼ -0.1 percentage points vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value

Credit of up to €60,000 on 30-day terms is acceptable

short-term debt: 0% and cash: 0.8% of total assets, and 78.5% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, small): better than 29% on solvency, 58% on liquidity, 17% on profitability and 17% on growth.

The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Size: total assets €3.2m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Liquidity: cash €25,596

NBB · annual accounts

Figures for financial year 2025 (filed 04-08-2026)

NBB · annual accounts

Loss of €75,746, the second in a row (financial year 2025)

NBB · annual accounts

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1819202122232425

2018 to 2025 · latest year -€75,746

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

3 days early

2024

9 days early

2023

23 days early

2022

12 days early

2021

78 days late

2020

23 days late

2019

12 days late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 9 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 July (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

27-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

28-07-2026 Annual accounts filedfinancial year 2025 · full…
31-12-2025 Weakest financial yearnet -€75,746
22-07-2025 Annual accounts filedfinancial year 2024 · abbreviated…

Key points

Risk: 8 loss-making years in a rowloss financial year 2025 -€75,746 View
Controlled by PATRIMOTE 97.29% View
Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year: 2025
Total assets: €3.2m
Loss: -€75,746
Solvency: 21.5%

Total assets▲ 4.2%

Net result

20182025

Go to Financials

Board & ownership

Board: 3 members
Parent: PATRIMOTE · 97.29%

THERMOTE PaulChair
LAEBENS JohnDirector
THERMOTE AnnDirector

Go to Board & ownership

Timeline

Events: 27
Since: 2001
Next accounts: by 31-07-2027

08-07-2024Annual accounts filed
25-01-2024Resignations: THERMOTE Paul, THERMOTE Ann and LAEBENS…
19-07-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Founded: 16-12-1999
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 11

Annual meeting: Last Saturday of May at 15:00

Go to Articles of association

Key facts about THERIMO

What is the company number of THERIMO?: 0468.461.005. In Belgium the VAT number is the company number with BE in front: BE 0468.461.005.
Where is THERIMO based?: The registered office is at Driemasten 126, 8560 Wevelgem.Company details
What is the legal form of THERIMO?: Public limited company (NV).
When was THERIMO founded?: On 16-12-1999.
Is THERIMO still active?: Yes, THERIMO is an active enterprise in the KBO register.
What is the turnover of THERIMO?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is THERIMO profitable?: In financial year 2025, THERIMO made a loss of €75,746.
Where can I find the annual accounts of THERIMO?: THERIMO filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of THERIMO due?: By 31-07-2027, for financial year 2026.Timeline