VA THERM CHÂSSIS
ActiveThe computed 12-month bankruptcy probability of VA THERM CHÂSSIS is 2.0% (moderate). The 2024 annual accounts show equity of €33k and a net result of €10k. Its solvency ranks better than 25% of 705 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency11▼-63
Growth52
Stability94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity short (current ratio 0.56 against 1.74 in 2023), and 85% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
15%
Return on assets
4.7%
Age of the figures
20 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€33k▲ 44.9%
2023 · €23k
2023: €23k
2023 → 2024
Total assets
€218k▲ 251%
2023 · €62k
2023: €62k
2023 → 2024
Net result
€10k▼ 48.3%
2023 · €20k
2023: €20k
2023 → 2024
Working capital
€-74k
2023 · €24k
2023: €24k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€23k-€33k▲ 44.9%
Operating result€27k-€16k▼ 41.2%
Net result€20k-€10k▼ 48.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 41% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €218k
Fixed assets
€123k▲ 2,852%
Current assets
€95k▲ 66.5%
Equity and liabilities €218k
Equity
€33k▲ 44.9%
Debt
€186k▲ 370%
The debt ratio rises from 63.5% to 85.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€30k▲
2023 · €28k
Cash flow
€25k▲
2023 · €20k
Solvency
15.0%▼
2023 · 36.5%
Current ratio
0.56▼
2023 · 1.74
Quick ratio
0.56▼
2023 · 1.74
Debt / equity
5.65▲
2023 · 1.74
ROE
31.0%▼
2023 · 86.8%
ROA
4.7%▼
2023 · 31.6%
Interest coverage
20.62▼
2023 · 5426.03
Debt
€186k▲
2023 · €39k
Debt ≤ 1 year
€169k▲
2023 · €33k
Debt > 1 year
€17k
Income taxes
€4k▼
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€62k€218k▲
Formation expenses20€1k€790▼
Fixed assets21/28€4k€123k▲
Tangible fixed assets22/27€4k€123k▲
Plant, machinery and equipment23€986€84k▲
Furniture and vehicles24€3k€38k▲
Current assets29/58€57k€95k▲
Amounts receivable within one year40/41€16k€51k▲
Trade receivables40€14k€24k▲
Other amounts receivable41€2k€27k▲
Cash at bank and in hand54/58€39k€41k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€62k€218k▲
Equity10/15€23k€33k▲
Contributions10/11€3k€3k=
Reserves13€20k€30k▲
Distributable reserves133€20k€30k▲
Amounts payable17/49€39k€186k▲
Amounts payable after more than one year17-€17k
Financial debts170/4-€17k
Amounts payable within one year42/48€33k€169k▲
Current portion of amounts payable after more than one year42-€7k
Trade debts44€3k€112k▲
Suppliers440/4€3k€112k▲
Advances received on contracts in progress46€3k-
Taxes, remuneration and social security45€7k€11k▲
Taxes450/3€7k€11k▲
Other amounts payable47/48€20k€38k▲
Accrued charges and deferred income492/3€7k-
Income statement
Code20232024
Non-recurring operating income76A€112-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€620€14k▲
Other operating charges640/8€384€2k▲
Gross operating margin9900€28k€32k▲
Operating profit (loss)9901€27k€16k▼
Financial income75/76B€6€101▲
Recurring financial income75€6€101▲
Financial charges65/66B€242€2k▲
Recurring financial charges65€5€1k▲
Non-recurring financial charges66B€237€393▲
Profit (loss) for the period before taxes9903€27k€14k▼
Income taxes67/77€7k€4k▼
Profit (loss) for the period9904€20k€10k▼
Profit (loss) for the period to be appropriated9905€20k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€10k▼
Transfer to equity691/2€20k€10k▼
To other reserves6921€20k€10k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 90 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Profondeville · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Guinguette(LV) 185170 ProfondevilleGround area
2,229 m²
Building footprint
142 m²
Volume, LiDAR
936 m³
Parcel 92071A0009/00Z000, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VA THERM CHÂSSIS
since 20232.344.299.859
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92071A0009/00Z000 | Wallonia | 2,229 m² | 1 · 142 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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HET BRIKSKE
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Bree · Eq €33k
S. WOOD CREATIONS
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Hechtel-Eksel · Eq €33k
SNS CONCEPT
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Grimbergen · Eq €33k
Of 1,593 companies in sector 16230 we hold annual accounts for 776. 515 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-04-2023
Fiscal year end31-12
Activities, NACEBEL
16230Manufacture of other builders' carpentry and joinery
43120Site preparation
43230Insulation installation
43291Specialised construction activities
43410Roofing work
49410Freight transport by road
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.