Financials
- Fiscal year
- 2024
- Total assets
- €241,730
- Profit
- €96,889
- Solvency
- 64.3%
Total assets▲ 6.6%
Net result
20222024
THERMIQUE SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of THERMIQUE SERVICES is 7.7% (elevated). The 2024 annual accounts show equity of €155,340 and a net result of €96,889. Equity is growing by ~113.2% per year across the filed fiscal years. Its solvency ranks better than 78% of 3,561 sector peers (NACE 43, fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Plumbing work
NACE 43221
1 site
Size
€241,730total assets 2024
- Staff
- 1.3 FTE
- Equity
- €155,340
- Profit
- €96,889
Structure
Accounts 69 days overdue0 of 1 deed read
Why 37- 1 financial year not filed after the legal deadline; latest accounts 235 days late; 3 of the last 3 late- Figures for FY 2024 (filed 25-03-2026)- Size: 1.3 FTE, total assets €241,730- Founded in 2021Show the evidence
Checked score
Score 2024
37
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 70% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Strong
Solvency
89+38
equity 64.3% of total assets
Liquidity
35+25
short-term debt 35.7% · cash 0.6%
Profitability
100+12
return on assets 40.1%
Bankruptcy probability, 12 months
7.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 5.7%
12-2024: 6.9%▲ +1.2 percentage points vs 11-2024
01-2025: 7.8%▲ +0.9 percentage points vs 12-2024
02-2025: 7.4%▼ -0.4 percentage points vs 01-2025
03-2025: 7.3%▼ -0.1 percentage points vs 02-2025
04-2025: 7.2%▼ -0.1 percentage points vs 03-2025
05-2025: 7.0%▼ -0.2 percentage points vs 04-2025
06-2025: 7.0%● unchanged vs 05-2025
07-2025: 6.6%▼ -0.4 percentage points vs 06-2025
08-2025: 7.3%▲ +0.7 percentage points vs 07-2025
09-2025: 7.5%▲ +0.2 percentage points vs 08-2025
10-2025: 9.2%▲ +1.7 percentage points vs 09-2025
11-2025: 9.5%▲ +0.3 percentage points vs 10-2025
12-2025: 10.5%▲ +1.0 percentage point vs 11-2025
01-2026: 12.8%▲ +2.3 percentage points vs 12-2025
02-2026: 12.8%● unchanged vs 01-2026
03-2026: 13.1%▲ +0.3 percentage points vs 02-2026highest value
04-2026: 5.4%▼ -7.7 percentage points vs 03-2026
05-2026: 5.4%● unchanged vs 04-2026
06-2026: 5.3%▼ -0.1 percentage points vs 05-2026lowest value
07-2026: 5.5%▲ +0.2 percentage points vs 06-2026
08-2026: 6.1%▲ +0.6 percentage points vs 07-2026
09-2026: 6.1%● unchanged vs 08-2026
10-2026: 7.7%▲ +1.6 percentage points vs 09-2026
Credit up to €5,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.61 against 1.23 in 2023; short-term debt: 35.7% and cash: 0.6% of total assets), and 35.7% of the assets are financed with debt.
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 (NACE 43, micro): better than 70% on solvency, 23% on liquidity, 93% on profitability and 95% on growth.
The bankruptcy probability was computed on 08-10-2026 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
Five signals.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-03-2026, 235 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
235 days late
2023
128 days late
2022
58 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 140 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
- Highest result since 2022net €96,889 ▲173%
- Liquidity doublescurrent ratio 2.61
Key points
By topic
Timeline
- Events
- 7
- Since
- 2023
- 31-12-2024Equity above €150,000
- 06-12-2024Annual accounts filed
- 31-12-2023Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Plumbing workNACE 43221
- Founded
- 09-06-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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