Thermitas, MB - financials and debts

Company age: 8 y. 4 mo.

Update

Thermitas - Company finances

EUR
2018
From: 2018-05-31
To: 2018-12-31
2019
From: 2019-01-01
To: 2019-12-31
2020
From: 2020-01-01
To: 2020-12-31
2021
From: 2021-01-01
To: 2021-12-31
2022
From: 2022-01-01
To: 2022-12-31
2023
From: 2023-01-01
To: 2023-12-31
2024
From: 2024-01-01
To: 2024-12-31
2025
From: 2025-01-01
To: 2025-12-31
Financial data
Sales revenue 52,304 97,693 100,838 305,509 492,984 204,990 344,642 495,839
Profit before tax -5,909 -3,471 4,724 2,874 33,970 16,688 8,880 20,571
Net profit -5,909 -3,471 4,724 2,745 29,079 15,849 7,444 16,978
Equity 31,119 27,647 32,372 17,116 32,489 43,017 38,660 37,638
Liabilities - - 4,414 22,283 10,072 16,225 13,474 3,615
Non-current assets 0 0 0 0 0 0 0 0
Current assets 33,254 27,949 36,786 39,399 42,561 59,242 52,134 41,253
Total assets 33,254 27,949 36,786 39,399 42,561 59,242 52,134 41,253
Taxes paid
STI taxes - - - - - 16,744 3,740 18,019
Financial indicators
Revenue change y/y - +86.8% +3.2% +203.0% +61.4% -58.4% +68.1% +43.9%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. -17.8% -12.4% 12.8% 7.0% 68.3% 26.8% 14.3% 41.2%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. -19.0% -12.6% 14.6% 16.0% 89.5% 36.8% 19.3% 45.1%
Profit margin Net profit margin. Shows the overall profitability of the company. -11.3% -3.6% 4.7% 0.9% 5.9% 7.7% 2.2% 3.4%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. -11.3% -3.6% 4.7% 0.9% 6.9% 8.1% 2.6% 4.1%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. - - 0.1 1.3 0.3 0.4 0.3 0.1
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. - - - - - - - -

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Thermitas - Social security debts

From To Debt, €
2024-07-02 2024-07-31 64.50

Thermitas - VMI tax arrears

The company had no tax arrears (debts) to the State Tax Inspectorate

VMI debt information has been collected since 2024-10-07. Debts for older periods will not be displayed.

Analysis of the company's financial position

This description was generated by artificial intelligence. Report if inaccurate.
Thermitas, MB, company code 304852402, is a small partnership operating in plumbing, heat and air-conditioning installation. In 2025, the latest financial year, it generated revenue of €495.8K and net profit of €17.0K, with a profit margin of 3.4%. Revenue increased by 43.9% year on year and by 141.9% over two years, showing a strong upward trend from €205.0K in 2023 to €344.6K in 2024 and €495.8K in 2025. Profitability weakened in 2024, when net profit fell to €7.4K from €15.8K in 2023, but improved again in 2025. The balance sheet remained conservative, with total assets of €41.3K, equity of €37.6K and liabilities of €3.6K at the end of 2025. The equity ratio was 91.2% and debt-to-equity 0.10, indicating limited leverage. Asset turnover was 12.02x, while ROE stood at 45.1% and ROA at 41.2% in 2025.