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THERMOCOCOON

Active
Private limited company (pre-2019)founded 2008active for 18 yearsRue Jean Pire(PLX) 28, 4122 Neupré, BelgiumKBO/BCE: BE 0897.569.704
Summary

The computed 12-month bankruptcy probability of THERMOCOCOON is 1.8% (moderate). The 2024 annual accounts show equity of €184,296 and a net result of -€14,676. Equity has been growing by about 11% per year since 2018. Its solvency ranks better than 49% of 35,969 sector peers (NACE 43, financial year 2024). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 25-04-2008 Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 1 other
Joint committee
124 Paritair Comité voor het bouwbedrijf · annual accounts 2024
Establishment unit
2.170.551.479 4122 Neupré, since 25-04-2008
Financial year end
31 December
Peppol
Reachable since 30-12-2025

Board and ownership

Board
  • THIBAUT NICOLASDirector

Financial position

54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.8%
Annual accounts 2024
Gross margin
€115,331
▲ 36.6%
Turnover
≈ €360,000
estimated
Loss
€14,676
Equity
€184,296
▼ 7.4%
Total assets
€404,781
▼ 5.3%
Employees on 31-12-2024
2
▼ 33.3%
  • 2025 accounts not filed, 94 days past the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 120 days late; 3 of the last 3 accounts lateFigures for financial year 2024 (filed on 04-12-2025)lowers riskFounded in 2008Size: total assets €404,781Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 37% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2023
Average
Solvency 71-1
equity 45.5% of total assets
Liquidity 60+3
short-term debt 12.7% · cash 8.9%
Profitability 28-40
return on assets -3.6%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.8% 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.7%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025 08-2025: 1.2%▲ +0.4 percentage points vs 07-2025 09-2025: 1.3%▲ +0.1 percentage points vs 08-2025 10-2025: 1.7%▲ +0.4 percentage points vs 09-2025 11-2025: 1.8%▲ +0.1 percentage points vs 10-2025 12-2025: 2.3%▲ +0.5 percentage points vs 11-2025highest value 01-2026: 1.0%▼ -1.3 percentage points vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 0.9%▼ -0.1 percentage points vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026 08-2026: 1.3%▲ +0.4 percentage points vs 07-2026 09-2026: 1.4%▲ +0.1 percentage points vs 08-2026 10-2026: 1.8%▲ +0.4 percentage points vs 09-2026 11-2026: 1.8%● unchanged vs 10-2026
Credit of up to €9,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 3.92 (4.55 in 2023), above the usual 1.5. Short-term debt is 12.7% and cash 8.9% of total assets. However, 54.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 49% of them on solvency, 57% on liquidity, 16% on profitability and 26% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 120 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 04-12-2025)
NBB · annual accounts
lowers risk · Founded in 2008
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €404,781
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 94 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
raises risk · 2024 accounts filed 120 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-11-2025, 120 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
120 days late
2023
88 days late
2022
70 days late
2021
78 days late
2020
30 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 6 accounts on average 79 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)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 90% of companies in specialised constructionsector median €9,466 · 35,938 companies -€14,676 View

Recent changes

  1. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as THERMOCOCOON: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €363,000 and €419,000, founded between 2007 and 2010.

CompanyTotal assetsGross margin
THERMOCOCOON Neupré€404,781€115,331
Olivier LAMBY Waimes€409,547€138,674
ADAM Alain Hannut€363,019€124,311
TVI Willebroek€414,420€108,475
SERVICE KOEL Rotselaar€417,114€124,564
MALFAIT SACHA Nazareth-De Pinte€418,986€99,888
LAMBERT S&O Chauffage-Sanitaire Hamois€413,999€134,849
Full comparison

Key facts about THERMOCOCOON

What is the company number of THERMOCOCOON?
The company number of THERMOCOCOON is 0897.569.704. The VAT number is the same number with BE in front: BE 0897.569.704.
Where is THERMOCOCOON based?
The registered office is at Rue Jean Pire(PLX) 28, 4122 Neupré.Company details
What does THERMOCOCOON 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 THERMOCOCOON?
The legal form of THERMOCOCOON is Private limited company (pre-2019) (BVBA).
When was THERMOCOCOON founded?
THERMOCOCOON was founded on 25-04-2008.
Is THERMOCOCOON still active?
Yes, THERMOCOCOON is an active enterprise in the KBO register.
How many employees does THERMOCOCOON have?
THERMOCOCOON had an average of 2.6 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does THERMOCOCOON fall under?
In its 2024 annual accounts, THERMOCOCOON states joint committee 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of THERMOCOCOON?
The turnover in financial year 2024 is ≈ €360,000. This figure is estimated from the gross margin of €115,331 and 87 comparable companies (NACE 432). It probably lies between €290,000 and €430,000.
Is THERMOCOCOON profitable?
In financial year 2024, THERMOCOCOON made a loss of €14,676.
Where can I find the annual accounts of THERMOCOCOON?
THERMOCOCOON filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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