Result
-€9,887 -€9,887
From profit to loss in 2025, after a profit of €50,697 in 2024.
THERMAE
Lifetime
19 annual accounts with figures on one time axis, 34 filings since 1992peak €1.3m (2022)
€752,022▼ 3.5%
lowest -€71,626 (2018)
-€9,887▼ €60,584
peak €6.8m (2024)
€6.8m▼ 0.1%
€6.0m▼ 7.4%
peak 2.9 FTE (2008)
-not published
Board8 names since 2016
2 directors and 1 other
Owners
Documentsfilings and deeds
18-06-202643 days before the deadline
2025micro format
Loss of €9,887
Key points
from the 2025 annual accountsTurnover
≈ €1.2m estimated
The micro format states no turnover.
Position in the sector
-€9,887
Lower net result than 87% of companies in office administrative support. Sector median €15,201 · 10,252 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as THERMAE has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.5%
stopped another way
0.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for THERMAE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Managing director
Director, since 30-01-2020
- score equity -€1.5m (2025) · deed of 22-07-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0444290781
Environmental permit granted
Nieuwbouw van bijgebouwen en niet overdekte lage constructie · Kampenhout
Amendment of the articles · Resignations & appointments
Board composition: (director) · Board composition: (director) · Director in office: (managing director) · General meeting of 31-08-2023 · Gazette deed
Resignations: (managing director) and (managing director)
General meeting of 21-12-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| THERMAE Kampenhout | €12.8m | €752,022 | 53.2% | - |
| MOEYS & CO Bertem | €10.4m | €645,325 | 46.4% | 4 |
| MADDI Affligem | €9.1m | €578,792 | 96.8% | 1 |
| MULTI LOGISTICS Pittem | €15.1m | €988,288 | 28.3% | 1 |
| SOPET Beveren-Kruibeke-Zwijndrecht | €11.5m | €504,118 | 99.1% | 0 |
| TDRC Aalst | €15.8m | €686,247 | 72.0% | 1 |
| JF GENERAL SERVICES Mouscron | €10.8m | €786,579 | 47.3% | 12.9 |
These companies have the same main activity as THERMAE: office administrative and support services (NACE 82100). They are comparable in size and age: total assets between €9.1m and €16m, founded between 1988 and 2001.
Official details
Source: KBO- Status
- Active since 30-05-1991Normal situation
- Activity
- Office administrative and support servicesNACE 82100and 1 other
- Establishment unit
- 2.053.285.9041910 Kampenhout, since 28-06-1991
- Financial year end
- 31 December
- Peppol
- Reachable since 04-04-2025
Annual accounts 2025
- €12.8m▼ 3.7%
- Employeeson 31-12-2025
- 2=
- Filing
- Filed on 18-06-2026, 43 days before the end of the filing period
Insights on THERMAE
THERMAE files the micro format. That format states no turnover. The gross margin rose from €139,668 in 2007 to €752,022 in 2025.
The balance sheet grew most from 2019 to 2021 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about THERMAE
- What is the company number of THERMAE?
- The company number of THERMAE is 0444.290.781. The VAT number is the same number with BE in front: BE 0444.290.781.
- Where is THERMAE based?
- The registered office is at Leuvensesteenweg 118, 1910 Kampenhout.Company details
- What does THERMAE do?
- According to the KBO register, the main activity is office administrative and support services (NACE 82100).
- What is the legal form of THERMAE?
- THERMAE is a public limited company (NV).
- When was THERMAE founded?
- THERMAE was founded on 30-05-1991.
- Is THERMAE still active?
- Yes, THERMAE is an active enterprise in the KBO register.
- How many employees does THERMAE have?
- THERMAE had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of THERMAE?
- The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €752,022 and 62 comparable companies (NACE 82). It probably lies between €940,000 and €2.0m. In financial year 2019 turnover was €778,250.
- Is THERMAE profitable?
- In financial year 2025, THERMAE made a loss of €9,887.
- Where can I find the annual accounts of THERMAE?
- THERMAE filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of THERMAE due?
- THERMAE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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