iThermAI
ActiveSummary
iThermAI has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57,610 and a net result of -€4,437. Equity has been growing by about 4.6% per year since 2022. Its solvency ranks better than 60% of 11,760 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 01-04-2021 Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyors NACE 71121and 6 others
- Establishment unit
- 2.320.066.784 3001 Leuven, since 20-04-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 13-02-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €10,172
- ▼ 83.3%
- Turnover
- ≈ €53,000
- estimated
- Loss
- €4,437
- Equity
- €57,610
- ▼ 7.2%
- Total assets
- €91,181
- ▲ 28.0%
- Employees on 31-12-2025
- 1
Score breakdownraises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 2.48, cash €40,016Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Size: total assets €91,181Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 71, micro). It does better than 61% of them on solvency, 73% on liquidity, 26% on profitability and 30% 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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Signals
The company filed its last 4 accounts on average 22 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: Lower net result than 85% of companies in architecture and engineeringsector median €16,710 · 11,762 companies -€4,437 View
Recent changes
- · Gazette deed Registered office moved within Heverlee
- · Gazette deed Registered office moved from Herent to Heverlee
- · Gazette deed Registered office moved from Kraainem to HerentTransfer of 10 shares
Comparable companies
These companies have the same main activity as iThermAI: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €81,400 and €133,000, founded between 2020 and 2023.
| Company | Total assets | Gross margin |
|---|---|---|
| iThermAI Leuven | €91,181 | €10,172 |
| SCHELFHOUT ENGINEERING Puurs-Sint-Amands | €86,792 | €11,050 |
| DS-projecten Middelkerke | €91,894 | €8,283 |
| TLG Innovations Leuven | €98,698 | €12,612 |
| EDEM CONSULTING Zemst | €81,448 | €14,375 |
| RENI Machelen (Brab.) | €133,260 | €9,765 |
| GeoHydroData Wachtebeke | €86,685 | €8,566 |
Key facts about iThermAI
- What is the company number of iThermAI?
- The company number of iThermAI is 0766.252.389. The VAT number is the same number with BE in front: BE 0766.252.389.
- Where is iThermAI based?
- The registered office is at Hollestraat 20, 3001 Leuven.Company details
- What does iThermAI do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of iThermAI?
- The legal form of iThermAI is Private limited company (BV).
- When was iThermAI founded?
- iThermAI was founded on 01-04-2021.
- Is iThermAI still active?
- Yes, iThermAI is an active enterprise in the KBO register.
- How many employees does iThermAI have?
- iThermAI had an average of 0.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of iThermAI?
- The turnover in financial year 2025 is ≈ €53,000. This figure is estimated from the gross margin of €10,172 and 46 comparable companies (NACE 71121). It probably lies between €32,000 and €120,000. It is a rough estimate. In financial year 2022 turnover was €15,000.
- Is iThermAI profitable?
- In financial year 2025, iThermAI made a loss of €4,437.
- Where can I find the annual accounts of iThermAI?
- iThermAI filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of iThermAI due?
- iThermAI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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