THERSA
ActiveSummary
THERSA has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.3m and a net result of €2.6m. Equity is growing by ~37.2% per year across the filed fiscal years. Its solvency ranks better than 46% of 2075 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▲+19
Solvency65▲+2
Growth83▲+2
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €410,000 at 30 days acceptable
Liquidity ample (current ratio 1.52 against 1.47 in 2024; short-term debt: 56.6% and cash: 5.3% of total assets), but 60.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
39.8%
Return on assets
16.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
20 d early
2023
40 d early
2022
17 d early
2021
26 d late
2020
30 d late
2019
40 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 11 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
In the rankings
#2 employer in Mouscron, Construction sector#4 company by total assets in Mouscron, Construction sector#5 company by equity in Mouscron, Construction sector
Turnover
€40.0m▲ 32.2%
2024 · €30.3m
EBIT margin
8.5%▲ 6.4pp
2024 · 2.1%
Net result
€2.6m▲ 554%
2024 · €392,832
Working capital
€4.6m▲ 34.4%
2024 · €3.5m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€19.7m€27.5m▲ 39.7%€29.4m▲ 6.9%€30.3m▲ 2.9%€40.0m▲ 32.2%
Operating result€1.2m▲ 147%€2.6m▲ 109%€1.6m▼ 38.7%€632,676▼ 60.5%€3.4m▲ 438%
Net result€958,249above the sector's middle half▲ 144%€2.0mabove the sector's middle half▲ 107%€1.2mabove the sector's middle half▼ 38.3%€392,832above the sector's middle half▼ 68.0%€2.6mabove the sector's middle half▲ 554%
EBIT margin6.3%9.5%▲ 3.2pp5.4%▼ 4.1pp2.1%▼ 3.4pp8.5%▲ 6.4pp
Equity€2.0mabove the sector's middle half▲ 47.9%€3.7mabove the sector's middle half▲ 83.3%€4.9mabove the sector's middle half▲ 33.1%€4.9mabove the sector's middle half▼ 1.1%€6.3mabove the sector's middle half▲ 30.2%
Total assets€6.2mabove the sector's middle half▲ 19.6%€8.9mabove the sector's middle half▲ 44.1%€12.2mabove the sector's middle half▲ 36.1%€12.9mabove the sector's middle half▲ 6.3%€15.9mabove the sector's middle half▲ 23.2%
Debt€4.1m▲ 8.4%€5.0m▲ 24.6%€7.0m▲ 39.3%€7.9m▲ 12.0%€9.3m▲ 18.4%
Working capital€1.3mabove the sector's middle half▲ 41.9%€2.8mabove the sector's middle half▲ 109%€3.8mabove the sector's middle half▲ 35.3%€3.5mabove the sector's middle half▼ 8.4%€4.6mabove the sector's middle half▲ 34.4%
Solvency32.6%within the sector's middle half▲ 6.2pp41.5%within the sector's middle half▲ 8.9pp40.5%within the sector's middle half▼ 0.9pp37.7%within the sector's middle half▼ 2.8pp39.8%within the sector's middle half▲ 2.1pp
Current ratio1.34within the sector's middle half▲ 0.071.58within the sector's middle half▲ 0.241.57within the sector's middle half▼ 0.011.47within the sector's middle half▼ 0.101.52within the sector's middle half▲ 0.04
Return on assets (ROA)15.5%above the sector's middle half▲ 7.9pp22.2%above the sector's middle half▲ 6.8pp10.1%within the sector's middle half▼ 12.2pp3.0%within the sector's middle half▼ 7.0pp16.1%above the sector's middle half▲ 13.1pp
Staff (FTE)79above the sector's middle half▲ 5.5%89.1above the sector's middle half▲ 12.8%98.9above the sector's middle half▲ 11.0%119.4above the sector's middle half▲ 20.7%132above the sector's middle half▲ 10.6%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 438% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.9m
Fixed assets
€2.3m ▲ 6.6%
Current assets
€13.7m ▲ 26.5%
Equity and liabilities €15.9m
Equity
€6.3m ▲ 30.2%
Provisions
€269,320 ▲ 45.9%
Debt
€9.3m ▲ 18.4%
Debt's share of the balance-sheet total falls from 60.9% to 58.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4.0m▲
2024 · €1.1m
Cash flow
€3.2m▲
2024 · €887,895
Quick ratio
0.83▲
2024 · 0.81
Debt to equity
1.47▼
2024 · 1.61
ROE
40.5%▲
2024 · 8.1%
Interest coverage
104.98▲
2024 · 33.76
Debt ≤ 1 year
€9.0m▲
2024 · €7.3m
Debt > 1 year
€300,445▼
2024 · €514,843
Income taxes
€917,695▲
2024 · €293,260
Staff costs
€8.6m▲
2024 · €8.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,577 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.1%
went bankrupt
3.1%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,577 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €21.3m | €29.2m | €30.0m | €32.4m | €42.0m | ▲ 29.9% |
| Turnover70 | €19.7m | €27.5m | €29.4m | €30.3m | €40.0m | ▲ 32.2% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | €1.1m | €1.2m | -€32,004 | €1.5m | €1.3m | ▼ 16.7% |
| Other operating income74 | €431,674 | €495,037 | €591,563 | €529,792 | €731,697 | ▲ 38.1% |
| Non-recurring operating income76A | €24,036 | €10,773 | €1,850 | €27,454 | €9,651 | ▼ 64.8% |
| Operating charges60/66A | €20.0m | €26.6m | €28.4m | €31.7m | €38.6m | ▲ 21.8% |
| Goods for resale, raw materials and consumables60 | €13.7m | €18.9m | €19.1m | €20.5m | €26.4m | ▲ 28.7% |
| Purchases600/8 | €13.7m | €19.0m | €19.1m | €20.6m | €26.4m | ▲ 28.5% |
| Change in stocks: decrease (increase)609 | -€13,557 | -€16,800 | -€4,914 | -€34,183 | -€6,773 | ▲ 80.2% |
| Services and other goods61 | €1.1m | €1.5m | €1.7m | €2.6m | €2.8m | ▲ 8.3% |
| Remuneration, social security and pensions62 | €4.9m | €5.7m | €7.1m | €8.0m | €8.6m | ▲ 7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €222,188 | €273,732 | €390,342 | €495,063 | €608,429 | ▲ 22.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €5,390 | €358 | €190 | €0 | €1,640 | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €46,749 | €54,908 | €20,014 | -€16,302 | €84,780 | ▲ 620% |
| Other operating charges640/8 | €20,498 | €24,201 | €77,485 | €51,948 | €36,030 | ▼ 30.6% |
| Non-recurring operating charges66A | €2,468 | €7,791 | €1,322 | €1,448 | €0 | ▼ 100% |
| Operating profit (loss)9901 | €1.2m | €2.6m | €1.6m | €632,676 | €3.4m | ▲ 438% |
| Financial income75/76B | €110,836 | €119,197 | €155,303 | €97,825 | €151,551 | ▲ 54.9% |
| Recurring financial income75 | €110,836 | €119,197 | €155,303 | €97,825 | €151,551 | ▲ 54.9% |
| Income from financial fixed assets750 | - | - | - | - | €5 | - |
| Other financial income752/9 | €110,836 | €119,197 | €155,303 | €97,825 | €151,547 | ▲ 54.9% |
| Financial charges65/66B | €17,742 | €12,967 | €58,027 | €44,409 | €69,354 | ▲ 56.2% |
| Recurring financial charges65 | €17,742 | €12,967 | €58,027 | €44,409 | €69,354 | ▲ 56.2% |
| Debt charges650 | €4,967 | €5,396 | €26,498 | €33,403 | €38,236 | ▲ 14.5% |
| Other financial charges652/9 | €12,775 | €7,571 | €31,529 | €11,006 | €31,119 | ▲ 183% |
| Non-recurring financial charges66B | €0 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €1.3m | €2.7m | €1.7m | €686,093 | €3.5m | ▲ 408% |
| Transfer from deferred taxes780 | €446 | €409 | €0 | - | - | - |
| Income taxes67/77 | €384,961 | €735,260 | €473,932 | €293,260 | €917,695 | ▲ 213% |
| Taxes670/3 | €384,961 | €735,260 | €852,096 | €293,260 | €917,695 | ▲ 213% |
| Tax adjustments and reversals of tax provisions77 | €0 | - | €378,164 | €0 | - | - |
| Profit (loss) for the period9904 | €958,249 | €2.0m | €1.2m | €392,832 | €2.6m | ▲ 554% |
| Transfer from tax-exempt reserves789 | - | - | €421,000 | €0 | €420,032 | - |
| Transfer to tax-exempt reserves689 | €421,000 | €421,000 | €526,250 | €0 | €526,250 | - |
| Profit (loss) for the period to be appropriated9905 | €537,249 | €1.6m | €1.1m | €392,832 | €2.5m | ▲ 527% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.2m | €8.9m | €12.2m | €12.9m | €15.9m | ▲ 23.2% |
| Fixed assets21/28 | €961,478 | €1.3m | €1.7m | €2.1m | €2.3m | ▲ 6.6% |
| Tangible fixed assets22/27 | €762,893 | €1.1m | €1.4m | €1.8m | €1.9m | ▲ 3.6% |
| Land and buildings22 | €191,917 | €147,599 | €124,250 | €0 | - | - |
| Plant, machinery and equipment23 | €30,571 | €67,508 | €92,316 | €101,319 | €69,883 | ▼ 31.0% |
| Furniture and vehicles24 | €540,405 | €849,344 | €1.2m | €1.7m | €1.8m | ▲ 5.7% |
| Financial fixed assets28 | €198,586 | €254,267 | €289,081 | €325,768 | €402,190 | ▲ 23.5% |
| Other financial fixed assets284/8 | €198,586 | €254,267 | €289,081 | €325,768 | €402,190 | ▲ 23.5% |
| Shares284 | €8,499 | €10,899 | €13,849 | €16,699 | €20,799 | ▲ 24.6% |
| Amounts receivable and cash guarantees285/8 | €190,087 | €243,368 | €275,232 | €309,069 | €381,391 | ▲ 23.4% |
| Current assets29/58 | €5.2m | €7.6m | €10.4m | €10.8m | €13.7m | ▲ 26.5% |
| Stocks and contracts in progress3 | €2.1m | €3.3m | €3.3m | €4.9m | €6.2m | ▲ 26.6% |
| Stocks30/36 | €297,290 | €314,090 | €319,004 | €353,187 | €359,960 | ▲ 1.9% |
| Goods purchased for resale34 | €297,290 | €314,090 | €319,004 | €353,187 | €359,960 | ▲ 1.9% |
| Contracts in progress37 | €1.8m | €3.0m | €3.0m | €4.5m | €5.8m | ▲ 28.5% |
| Amounts receivable within one year40/41 | €1.5m | €2.3m | €4.2m | €4.3m | €6.6m | ▲ 54.0% |
| Trade receivables40 | €1.2m | €2.2m | €3.5m | €4.0m | €6.3m | ▲ 56.5% |
| Other amounts receivable41 | €272,575 | €109,995 | €654,472 | €260,076 | €299,633 | ▲ 15.2% |
| Current investments50/53 | - | - | - | €312,000 | €1,000 | ▼ 99.7% |
| Other investments51/53 | - | - | - | €312,000 | €1,000 | ▼ 99.7% |
| Cash at bank and in hand54/58 | €1.6m | €2.0m | €2.8m | €1.3m | €845,174 | ▼ 34.4% |
| Deferred charges and accrued income490/1 | €1,370 | €12,097 | €117,613 | €45,227 | €50,688 | ▲ 12.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.2m | €8.9m | €12.2m | €12.9m | €15.9m | ▲ 23.2% |
| Equity10/15 | €2.0m | €3.7m | €4.9m | €4.9m | €6.3m | ▲ 30.2% |
| Contributions10/11 | €90,000 | €90,000 | €90,000 | €87,325 | €87,325 | = |
| Capital10 | €90,000 | €90,000 | €90,000 | €87,325 | €87,325 | = |
| Issued capital100 | €90,000 | €90,000 | €90,000 | €87,325 | €87,325 | = |
| Reserves13 | €1.9m | €3.6m | €4.8m | €4.8m | €6.3m | ▲ 30.7% |
| Non-distributable reserves130/1 | €9,000 | €9,000 | €9,000 | €8,733 | €8,733 | = |
| Legal reserve130 | €9,000 | €9,000 | €9,000 | €8,733 | €8,733 | = |
| Tax-exempt reserves132 | €439,750 | €860,750 | €966,000 | €945,073 | €1.1m | ▲ 11.2% |
| Distributable reserves133 | €1.5m | €2.7m | €3.9m | €3.8m | €5.2m | ▲ 35.6% |
| Investment grants15 | €13,212 | €9,396 | €8,018 | €0 | - | - |
| Provisions and deferred taxes16 | €126,329 | €180,828 | €200,842 | €184,540 | €269,320 | ▲ 45.9% |
| Provisions for liabilities and charges160/5 | €125,920 | €180,828 | €200,842 | €184,540 | €269,320 | ▲ 45.9% |
| Other liabilities and charges164/5 | €125,920 | €180,828 | €200,842 | €184,540 | €269,320 | ▲ 45.9% |
| Deferred taxes168 | €409 | €0 | - | - | - | - |
| Amounts payable17/49 | €4.1m | €5.0m | €7.0m | €7.9m | €9.3m | ▲ 18.4% |
| Amounts payable after more than one year17 | €145,768 | €222,720 | €373,400 | €514,843 | €300,445 | ▼ 41.6% |
| Financial debts170/4 | €145,768 | €222,720 | €373,400 | €514,843 | €300,445 | ▼ 41.6% |
| Credit institutions173 | €145,768 | €222,720 | €373,400 | €514,843 | €300,445 | ▼ 41.6% |
| Amounts payable within one year42/48 | €3.9m | €4.8m | €6.7m | €7.3m | €9.0m | ▲ 22.7% |
| Current portion of amounts payable after more than one year42 | €204,755 | €222,243 | €412,650 | €527,197 | €474,397 | ▼ 10.0% |
| Financial debts43 | €0 | - | - | €1.0m | €0 | ▼ 100% |
| Credit institutions430/8 | €0 | - | - | €1.0m | €0 | ▼ 100% |
| Trade debts44 | €2.3m | €2.8m | €3.1m | €4.4m | €4.3m | ▼ 0.9% |
| Suppliers440/4 | €2.3m | €2.8m | €3.1m | €4.4m | €4.3m | ▼ 0.9% |
| Advances received on contracts in progress46 | €592,884 | €905,530 | €2.4m | €526,760 | €2.0m | ▲ 270% |
| Taxes, remuneration and social security45 | €393,644 | €634,180 | €625,244 | €651,346 | €1.1m | ▲ 69.2% |
| Taxes450/3 | €184,847 | €135,159 | €22,147 | €120,051 | €365,226 | ▲ 204% |
| Remuneration and social security454/9 | €208,797 | €499,020 | €603,097 | €531,295 | €736,567 | ▲ 38.6% |
| Other amounts payable47/48 | €400,000 | €300,000 | €125,000 | €284,070 | €1.2m | ▲ 313% |
| Accrued charges and deferred income492/3 | €73 | €0 | - | €12,000 | €1,000 | ▼ 91.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €958,249 | €2.0m | €1.2m | €392,832 | €2.6m | ▲ 554% |
| + Depreciation and write-downs630 | €222,188 | €273,732 | €390,342 | €495,063 | €608,429 | ▲ 22.9% |
| Operating cash flow (approximation) | €1.2m | €2.3m | €1.6m | €887,895 | €3.2m | ▲ 258% |
| Investment in fixed assets (approximation) | - | -€630,971 | -€802,312 | -€894,497 | -€749,790 | ▲ 16.2% |
| Change in cash | - | €435,222 | €810,595 | -€1.5m | -€444,026 | ▲ 71.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €2.6m ▲554%
Operating result €3.4m, net result €2.6m, both a record.
31-12
Financial
Equity above €5mEq €6.3m ▲30.2%
8 profitable years in a row build equity to €6.3m.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 26 days late
2021
31-12
Financial
Equity above €2mEq €2.0m ▲47.9%
4 profitable years in a row build equity to €2.0m.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial
Equity above €1mEq €1.4m ▲42.3%
3 profitable years in a row build equity to €1.4m.
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 40 days late
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 13 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 22 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
14 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mouscron · 1 establishment unit since 2003
Ground area
3,728 m²
Building footprint
819 m²
Parcel 54006N0215/00K002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Gustave Fachedreef(L) 5, 7700 Mouscron
since 20032.127.005.211
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54006N0215/00K002 | Wallonia | 3,728 m² | 1 · 819 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Part of the group
BLM
5 companies
Group, risk and exposure
Owners and holdings
3 ownersChain of control
- BLM HOLDING
- THERSA
Highest known parent: BLM HOLDING. The sources do not say who stands above it.
Owners 3
- BLM HOLDINGparent64.6%
- BLMparentSourceLEI registerconsolidated
- Sourceaccounts COA 202417.7%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Recognised contractor
7 categoriesTHERSA SA28260
Legal Entity Identifier
967600JZKM9GFI3B1M30
Similar companies · same sector, comparable size
KONING
BE 0806.516.101
Herent · Eq €6.3m
ZF CV Distribution Belgium
BE 0405.837.310
Dilbeek · Eq €6.2m
ABN KLIMATISATIE
BE 0458.405.865
Bilzen-Hoeselt · Eq €6.6m
SERVEX
BE 0416.483.554
Roeselare · Eq €6.7m
Etablissements Carsana
BE 0414.019.358
Mouscron · Eq €6.8m
Of 9,537 companies in sector 43222 we hold annual accounts for 5,668. 717 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded26-02-2003
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
43990Other specialised construction activities
81300Landscape service activities
Contact
E-mail
info@thersa.be
Phone
056 48 36 80
E-invoicing
Reachable via Peppol
Peppol ID
0208:0479604226
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.