THERMSOFT
ActiveTHERMSOFT has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9k and a net result of €2k. Equity is growing by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 28% of 2672 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency49▲+7
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.63 against 2.58 in 2024), but 79.3% 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.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
30 d late
2023
22 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
88 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€9k▲ 38.7%
2024 · €6k
2018: €671
2019: €4k
2020: €4k
2021: €8k
2022: €8k
2023: €5k
2024: €6k
2018 → 2025
Total assets
€41k▼ 13.6%
2024 · €48k
2018: €82k
2019: €81k
2020: €96k
2021: €75k
2022: €77k
2023: €41k
2024: €48k
2018 → 2025
Net result
€2k▲ 67.9%
2024 · €1k
2018: €-5k
2019: €3k
2020: €-26
2021: €4k
2022: €495
2023: €-4k
2024: €1k
2018 → 2025
Working capital
€26k▼ 12.4%
2024 · €29k
2018: €42k
2019: €39k
2020: €45k
2021: €49k
2022: €40k
2023: €39k
2024: €29k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€8k-€8k▲ 6.3%€5k▼ 43.7%€6k▲ 29.9%€9k▲ 38.7%
Operating result€4k-€528▼ 86.6%€-4k€1k€2k▲ 61.9%
Net result€4k-€495▼ 87.4%€-4k€1k€2k▲ 67.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 62% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €41k
Equity
€9k▲ 38.7%
Debt
€33k▼ 21.4%
The debt ratio falls from 87.1% to 79.3%: equity grows while debt is paid down.
Key figures and ratios
Solvency
20.7%▲
2024 · 12.9%
Current ratio
2.63▲
2024 · 2.58
Quick ratio
2.63▲
2024 · 2.58
Debt / equity
3.83▼
2024 · 6.75
ROE
27.9%▲
2024 · 23.0%
ROA
5.8%▲
2024 · 3.0%
Debt
€33k▼
2024 · €42k
Debt ≤ 1 year
€16k▼
2024 · €19k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€48k€41k▼
Current assets29/58€48k€41k▼
Amounts receivable within one year40/41€18k€11k▼
Trade receivables40€13k€4k▼
Other amounts receivable41€6k€6k▲
Cash at bank and in hand54/58€29k€31k▲
Equity and liabilities
Total equity and liabilities10/49€48k€41k▼
Equity10/15€6k€9k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€-14k€-12k▲
Amounts payable17/49€42k€33k▼
Amounts payable within one year42/48€19k€16k▼
Trade debts44€18k€16k▼
Suppliers440/4€18k€16k▼
Other amounts payable47/48€600-
Accrued charges and deferred income492/3€23k€17k▼
Income statement
Code20242025
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€849-
Other operating charges640/8€387€400▲
Gross operating margin9900€3k€3k▲
Operating profit (loss)9901€1k€2k▲
Financial income75/76B€40€90▲
Recurring financial income75€40€90▲
Financial charges65/66B€54€27▼
Recurring financial charges65€54€27▼
Profit (loss) for the period before taxes9903€1k€2k▲
Profit (loss) for the period9904€1k€2k▲
Profit (loss) for the period to be appropriated9905€1k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-12k▲
Profit (loss) brought forward from the previous period14P€-16k€-14k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Liquidity times 8current ratio 16.18
Current ratio from 2.10 to 16.18; short-term debt falls from €37k to €3k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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 2000
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.
Epeulestraat(H) 217712 MouscronGround area
1,533 m²
Building footprint
175 m²
Parcel 54004H1201/00D000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Epeulestraat(H) 21, 7712 Mouscron
since 20002.093.533.776
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54004H1201/00D000 | Wallonia | 1,533 m² | 1 · 174 m² | - |
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.
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Of 29,884 companies in sector 62200 we hold annual accounts for 18,321. 8,693 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-12-1999
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
72100
62010Computer programming, consultancy and related activities
62100Computer programming
72220
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.