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THERMO TECHNIC CONSTRUCT

Active Public limited companyfounded 2019active for 7 yearsRoute de Wallonie (G.) 4, 7011 MonsKBO/BCE: BE 0736.577.121 #2 company by staff growth in Hainaut, Construction of buildings sector
THERMO TECHNIC CONSTRUCT
Financial year 2025
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Annual accounts 2025

full format, filed on 20-07-2026, 11 days before the deadline
€1.1m
▼ 2.6%
€43,469
▼ 26.5%
€5,907
▼ 64.1%
€119,980
▼ 3.2%
22.5%
▲ 4.9 percentage points
1.22
▲ 0.04

The turnover shown is an estimate from the gross margin.

Turnover ≈ €1.9m. Estimated: probably between €1.3m and €3.1m.

In the rankings #2 company by staff growth in Hainaut, Construction of buildings sector

Balance sheet

balance sheet total €845,476 on 31-12-2025
What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

22.5%

Higher than 35% of 1,037 companies in 2025.

1.22

Higher than 35% of 1,016 companies in 2025.

0.7%

Higher than 38% of 1,032 companies in 2025.

THERMO TECHNIC CONSTRUCT Middle half of the sector 80% of the sector Full accounts in construction of buildings (NACE 41)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half

Staff

€52,822

Staff costs divided by the average number of full-time equivalents.

-1 person

people who joined people who left

In 2025, 8 people joined and 9 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020
Balance sheet: assets
20/58 845,4761.0m1.0m710,932443,480334,271
21/28 174,019230,477220,965178,37628,1127,992
22/27 156,364217,152210,456169,61924,7345,747
23 25,45730,21425,2046,3713,9322,945
24 8,5117,9169,3743,0363,1682,801
25 74,383125,131175,878160,21217,634-
26 48,01353,891----
28 17,65513,32510,5098,7583,3792,246
29/58 671,458814,189794,885532,556415,368326,279
3 325,210291,148139,75362,4354,838-
30/36 119,441103,39839,521-4,838-
37 205,769187,750100,23262,435--
40/41 192,139502,099370,400209,434209,435223,596
40 161,997471,482312,620208,436209,354113,527
41 30,14230,61757,78099881110,070
54/58 136,040-212,908245,420166,158100,530
490/1 18,06820,94271,82415,26834,9372,153
Balance sheet: equity and liabilities
10/49 845,4761.0m1.0m710,932443,480334,271
10/15 190,323184,416167,981135,95488,32656,124
10/11 61,50061,50061,50050,00050,00050,000
10 61,50061,50061,500---
100 61,50061,50061,500---
13 54,36948,46332,027---
130/1 1,223899----
130 1,223899----
133 53,14747,56332,027---
14 74,45474,45474,45485,95438,3266,124
17/49 655,153860,250847,869574,978355,154278,147
17 102,884169,014183,048111,92521,2229,741
170/4 102,884169,014183,048111,92521,2229,741
42/48 551,477690,182664,821463,053332,286267,012
42 66,13070,22564,84934,8056,1522,640
43 275,000332,676168,107160,000114,831100,000
430/8 -132,67618,10710,00014,831-
439 275,000200,000150,000150,000100,000100,000
44 173,323245,388327,589108,634168,794143,302
440/4 173,323245,388327,589108,634168,794143,302
46 --52,00095,569--
45 32,97441,60749,67960,86041,79921,069
450/3 8245,6769,80041,44121,4646,957
454/9 32,15035,93039,87919,42020,33514,112
47/48 4,0502862,5983,1847092
492/3 7921,054--1,6461,394
Income statement
76A ----19,907-
9900 1.1m1.1m1.0m652,587560,635422,774
62 977,1991.0m898,739543,931501,401405,393
630 79,92472,36151,73738,7744,0672,436
640/8 9,9364,7016,7634,9911,9903,561
9901 43,46959,14971,88664,89153,17811,384
75/76B 2,0987,3343,9422572,7381,456
75 2,0987166332572,7381,456
76B -6,6183,309---
65/66B 27,41431,88416,3208,0185,3172,358
65 27,41431,88416,3208,0185,3172,358
9903 18,15434,59959,50857,13050,59910,483
67/77 12,24718,16327,4819,50318,3974,359
9904 5,90716,43532,02747,62832,2026,124
9905 5,90716,43532,02747,62832,2026,124
Appropriation of the result
9906 80,36190,889117,98185,95438,3266,124
14P 74,45474,45485,95438,3266,124-
691/2 5,90716,43543,527---
691 --11,500---
6920 323899----
6921 5,58415,53632,027---
Social balance sheet
9087 18.518.815.811.210.310.7
Hours worked1013 22,28824,32622,33415,27815,21811,948
Document PDFPDFPDFPDFPDFPDF

The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 20-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 20-07-2026 2026-00314754 PDF
31-12-2024 full format 07-07-2025 2025-00266270 PDF
31-12-2023 full format 08-08-2024 2024-00338020 PDF
31-12-2022 abbreviated format 12-03-2024 2024-00042947 PDF
31-12-2022 full format 07-07-2023 2023-00225593 PDF
31-12-2021 full format 13-04-2022 2022-20003212 PDF
31-12-2020 full format 08-07-2021 2021-33700355 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020
123,393131,510123,624103,66557,24413,820
85,83188,79783,76486,40236,2698,560
23,46581,87494,326189,78124,18723,295
---32,51279,26265,628-
119,980124,007130,06469,50383,08259,267
22.5%17.7%16.5%19.1%19.9%16.8%
1.221.181.201.151.251.22
0.630.760.991.021.241.22
3.444.665.054.234.024.96
3.1%8.9%19.1%35.0%36.5%10.9%
0.7%1.6%3.2%6.7%7.3%1.8%
4.504.127.5712.9310.77-

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date1718181112
full-time1518181112
part-time2----
in full-time equivalents16.618181112
18.518.815.811.210.3
On a permanent contract1718171111
Joined881515
Left98823
Training hours----64

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
Debts secured on the company's own assets€50,000€50,000€50,000€150,000-
Pledge on other assets, amount secured€50,000€50,000€50,000€50,000-
Carrying value of the other pledged assets€156,364€217,152€210,456€169,619-

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€19,136€79,057€92,575€184,402€23,054
Financial fixed assets€4,330€2,817€1,751€5,379€1,133
€79,924€72,361€51,737€38,774€4,067

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on THERMO TECHNIC CONSTRUCT

The operating result for 2025 is 27% lower than in 2024 and the lowest since 2020. It is the second fall in a row.

Debt's share of the balance-sheet total falls from 82.3% to 77.5%. Equity is higher and debt is lower.

Next steps

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