THERMO-EXPERT
ActiveSummary
The computed 12-month bankruptcy probability of THERMO-EXPERT is 8.4% (elevated). For THERMO-EXPERT, at least two annual filings are missing. The 2023 annual accounts show negative equity (-€7,133) and a net result of €31,286. Equity has been stable since 2018 (±2.4% per year). Its solvency ranks better than 9% of 33,167 sector peers (NACE 43, financial year 2023). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 31-10-2015 Normal situation
- Registered office
- 51 active companies are registered at this address 10 started in the 12 months before. Source: KBO register, as of 2 November 2026.
- Activity
- Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 5 others
- Establishment unit
- 2.248.894.916 1000 Brussel, since 01-11-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 13-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 8.4%
2023 figures too old to score
Annual accounts 2023
- Gross margin
- €42,552
- ▲ 128%
- Turnover
- ≈ €250,000
- estimated
- Profit
- €31,286
- ▲ 392%
- Equity
- -€7,133
- ▲ 81.4%
- Total assets
- €276,528
- ▲ 17.5%
- Negative equity on 31-12-2023
- 2024 accounts not filed, 460 days past the deadline
Signalsraises riskFigures for financial year 2023 (filed on 02-09-2024)2 financial years not filed after the legal deadline; last filed accounts filed 30 days late; 2 of the last 3 accounts lateNo filing in 24 months (latest 02-09-2024)Negative equity -€7,133Two or more financial years not filed2023 accounts filed 30 days lateShow the evidence
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2023. They are too old for a current score.
Bankruptcy probability: Elevated
Filing: At least two annual filings are missing
Financial strength, FY 2023 · tick: 2022
Average
Solvency
22+13
equity -2.6% of total assets
Liquidity
21+12
short-term debt 102.6% · cash 16.8%
Profitability
83+11
return on assets 11.3%
Bankruptcy probability within 12 months
8.4%
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
12-2024: 2.7%
01-2025: 2.7%● unchanged vs 12-2024
02-2025: 2.7%● unchanged vs 01-2025
03-2025: 2.6%▼ -0.1 percentage points vs 02-2025
04-2025: 2.6%● unchanged vs 03-2025
05-2025: 3.1%▲ +0.5 percentage points vs 04-2025
06-2025: 3.0%▼ -0.1 percentage points vs 05-2025
07-2025: 3.0%● unchanged vs 06-2025
08-2025: 2.1%▼ -0.9 percentage points vs 07-2025lowest value
09-2025: 2.4%▲ +0.3 percentage points vs 08-2025
10-2025: 3.2%▲ +0.8 percentage points vs 09-2025
11-2025: 3.4%▲ +0.2 percentage points vs 10-2025
12-2025: 4.4%▲ +1.0 percentage point vs 11-2025
01-2026: 6.6%▲ +2.2 percentage points vs 12-2025
02-2026: 6.6%● unchanged vs 01-2026
03-2026: 6.9%▲ +0.3 percentage points vs 02-2026
04-2026: 6.2%▼ -0.7 percentage points vs 03-2026
05-2026: 6.0%▼ -0.2 percentage points vs 04-2026
06-2026: 5.7%▼ -0.3 percentage points vs 05-2026
07-2026: 5.7%● unchanged vs 06-2026
08-2026: 7.2%▲ +1.5 percentage points vs 07-2026
09-2026: 7.2%● unchanged vs 08-2026
10-2026: 8.4%▲ +1.2 percentage points vs 09-2026highest value
11-2026: 8.4%● unchanged vs 10-2026highest value
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 8 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline03-11-2026 today
raises risk · 2023 accounts filed 30 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
30 days late
2022
309 days late
2021
674 days late
2020
273 days late
2019
88 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 275 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Key points
Recent changes
- · Gazette deed Registered office moved within Bruxelles
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as THERMO-EXPERT: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €244,000 and €310,000, founded between 2015 and 2016.
| Company | Total assets | Gross margin |
|---|---|---|
| THERMO-EXPERT Brussel | €276,528 | €42,552 |
| AS IMPEC Evere | €243,569 | €47,765 |
| REFRISUD Marche-en-Famenne | €276,768 | €40,259 |
| Verderic Kortrijk | €310,238 | €44,655 |
| ECORENTECH Diepenbeek | €291,408 | €49,329 |
| Gebroeders Van Loon Merksplas | €284,745 | €35,206 |
| VENTechnix Zele | €251,933 | €51,833 |
Key facts about THERMO-EXPERT
- What is the company number of THERMO-EXPERT?
- The company number of THERMO-EXPERT is 0642.551.556. The VAT number is the same number with BE in front: BE 0642.551.556.
- Where is THERMO-EXPERT based?
- The registered office is at Handelskaai 25, 1000 Brussel.Company details
- What does THERMO-EXPERT do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of THERMO-EXPERT?
- The legal form of THERMO-EXPERT is Private limited company (pre-2019) (BVBA).
- When was THERMO-EXPERT founded?
- THERMO-EXPERT was founded on 31-10-2015.
- Is THERMO-EXPERT still active?
- Yes, THERMO-EXPERT is an active enterprise in the KBO register.
- What is the turnover of THERMO-EXPERT?
- The turnover in financial year 2023 is ≈ €250,000. This figure is estimated from the gross margin of €42,552 and 33 comparable companies (NACE 43222). It probably lies between €180,000 and €290,000.Financials
- Is THERMO-EXPERT profitable?
- In financial year 2023, THERMO-EXPERT made a profit of €31,286.
- Where can I find the annual accounts of THERMO-EXPERT?
- THERMO-EXPERT filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2023.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.