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ThermoFacade

Active
Private limited companyfounded 2025active for 1 yearDonkstraat(Kin) 1, 3640 Kinrooi, BelgiumKBO/BCE: BE 1019.341.722
Summary

The computed 12-month bankruptcy probability of ThermoFacade is 1.6% (moderate). The 2025 annual accounts show equity of €31,127 and a net result of €26,127. Its solvency ranks better than 59% of 9,396 sector peers (NACE 41, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 29-01-2025 Normal situation
Activity
General construction of residential buildings NACE 41001and 5 others
Establishment unit
2.369.564.302 3640 Kinrooi, since 29-01-2025
Financial year end
31 December
Peppol
Reachable since 16-12-2025

Board and ownership

Board

Financial position

57 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.6%
Annual accounts 2025
Gross margin
€32,760
Turnover
≈ €230,000
estimated
Profit
€26,127
Equity
€31,127
Total assets
€60,785
  • 2025 accounts filed 28 days after the deadline
Score breakdownraises riskFounded in 2025Size: total assets €60,785Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 2.05, cash €12,498Show the evidence

Checked score

Score 2025
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 68% of micro companies in construction of buildings (NACE 41)
Financial strength
Strong
Solvency 76
equity 51.2% of total assets
Liquidity 51
short-term debt 48.8% · cash 20.6%
Profitability 100
return on assets 43.0%
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 1.5% (13,453 companies, NACE 41, micro)
Last 24 months 02-2026: 3.6% 03-2026: 3.6%● unchanged vs 02-2026 04-2026: 3.7%▲ +0.1 percentage points vs 03-2026 05-2026: 4.1%▲ +0.4 percentage points vs 04-2026 06-2026: 4.2%▲ +0.1 percentage points vs 05-2026 07-2026: 4.6%▲ +0.4 percentage points vs 06-2026highest value 08-2026: 4.6%● unchanged vs 07-2026highest value 09-2026: 1.6%▼ -3.0 percentage points vs 08-2026 10-2026: 1.6%● unchanged vs 09-2026lowest value 11-2026: 1.6%● unchanged vs 10-2026lowest value
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.05, above the usual 1.5. Short-term debt is 48.8% and cash 20.6% of total assets. 48.8% 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 41, micro). It does better than 59% of them on solvency, 55% on liquidity and 91% on profitability.

The bankruptcy probability was computed on 02-11-2026 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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Signals

Five signals.
lowers riskraises risk
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €60,785
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Liquidity: current ratio 2.05, cash €12,498
NBB · annual accounts
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 1 filing
Deviation from the deadline
2025
28 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Recent changes

  1. · Gazette deed IncorporationStarting capital €5,000 · Appointment: THIJS Dylan (director)
All 2 events

Comparable companies

These companies have the same main activity as ThermoFacade: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €59,400 and €69,600, founded between 2024 and 2025.

CompanyTotal assetsGross margin
ThermoFacade Kinrooi€60,785€32,760
FHC Technics Maaseik€69,610€29,696
ND.FACADE&CO Ronse€63,059€33,685
NVVENT Gent€67,780€31,548
IFL GROUPE Sint-Joost-ten-Node€60,482€35,690
MB ÉNERGY & TOITURE Dilbeek€66,027€29,624
NVM CONSTRUCT Philippeville€59,433€29,188
Full comparison

Key facts about ThermoFacade

What is the company number of ThermoFacade?
The company number of ThermoFacade is 1019.341.722. The VAT number is the same number with BE in front: BE 1019.341.722.
Where is ThermoFacade based?
The registered office is at Donkstraat(Kin) 1, 3640 Kinrooi.Company details
What does ThermoFacade do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of ThermoFacade?
The legal form of ThermoFacade is Private limited company (BV).
When was ThermoFacade founded?
ThermoFacade was founded on 29-01-2025.
Is ThermoFacade still active?
Yes, ThermoFacade is an active enterprise in the KBO register.
What is the turnover of ThermoFacade?
The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €32,760 and 164 comparable companies (NACE 41001). It probably lies between €130,000 and €420,000.Financials
Is ThermoFacade profitable?
In financial year 2025, ThermoFacade made a profit of €26,127.
Where can I find the annual accounts of ThermoFacade?
ThermoFacade filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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