CHRISTOPHE TERNEST
ActiveCHRISTOPHE TERNEST has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €77k and a net result of €11k. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 89% of 9450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+85
Solvency100▲+7
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 8.63 against 3.04 in 2024; short-term debt: 11% and cash: 63.1% of total assets), and 11.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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
88.9%
Return on assets
12.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 10 filingsDeviation from the deadline
2025
29 d late
2024
30 d late
2023
2 d early
2022
30 d late
2021
144 d early
2020
13 d early
2019
7 d early
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€77k▲ 16.8%
2024 · €66k
2018: €57k
2019: €42k
2020: €23k
2021: €18k
2022: €42k
2023: €101k
2024: €66k
2018 → 2025
Total assets
€86k▼ 10.1%
2024 · €96k
2018: €74k
2019: €63k
2020: €39k
2021: €33k
2022: €56k
2023: €129k
2024: €96k
2018 → 2025
Net result
€11k
2024 · €-14k
2018: €4k
2019: €-15k
2020: €-19k
2021: €-5k
2022: €25k
2023: €59k
2024: €-14k
2018 → 2025
Working capital
€72k▲ 17.2%
2024 · €62k
2018: €56k
2019: €40k
2020: €21k
2021: €16k
2022: €39k
2023: €94k
2024: €62k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€18k-€42k▲ 139%€101k▲ 139%€66k▼ 35.0%€77k▲ 16.8%
Operating result€-5k-€27k€80k▲ 199%€-14k€16k
Net result€-5k-€25k€59k▲ 138%€-14k€11k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €16k after a loss of €14k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €86k
Fixed assets
€4k▲ 13.8%
Current assets
€82k▼ 11.1%
Equity and liabilities €86k
Equity
€77k▲ 16.8%
Debt
€10k▼ 68.3%
The debt ratio falls from 31.6% to 11.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18k▲
2024 · €-11k
Cash flow
€13k▲
2024 · €-12k
Solvency
88.9%▲
2024 · 68.4%
Current ratio
8.63▲
2024 · 3.04
Quick ratio
8.35▲
2024 · 2.88
Debt / equity
0.13▼
2024 · 0.46
ROE
14.4%▲
2024 · -21.9%
ROA
12.8%▲
2024 · -15.0%
Interest coverage
77.05▲
2024 · -38.67
Debt
€10k▼
2024 · €30k
Debt ≤ 1 year
€9k▼
2024 · €30k
Income taxes
€5k▲
2024 · €447
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€96k€86k▼
Fixed assets21/28€4k€4k▲
Tangible fixed assets22/27€4k€4k▲
Furniture and vehicles24€4k€4k▲
Current assets29/58€92k€82k▼
Stocks and contracts in progress3€5k€3k▼
Contracts in progress37€5k€3k▼
Amounts receivable within one year40/41€11k€20k▲
Trade receivables40€5k€14k▲
Other amounts receivable41€6k€6k▼
Cash at bank and in hand54/58€72k€54k▼
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€96k€86k▼
Equity10/15€66k€77k▲
Contributions10/11€13k€13k=
Reserves13€67k€78k▲
Distributable reserves133€67k€78k▲
Profit (loss) carried forward14€-14k€-14k▲
Amounts payable17/49€30k€10k▼
Amounts payable within one year42/48€30k€9k▼
Financial debts43€2k€2k▼
Credit institutions430/8€2k€2k▼
Trade debts44€1k€6k▲
Suppliers440/4€1k€6k▲
Taxes, remuneration and social security45€19k€2k▼
Taxes450/3€19k€2k▼
Other amounts payable47/48€8k-
Accrued charges and deferred income492/3-€123
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€906€1k▲
Gross operating margin9900€-10k€19k▲
Operating profit (loss)9901€-14k€16k▲
Financial income75/76B-€30
Recurring financial income75-€30
Financial charges65/66B€282€235▼
Recurring financial charges65€282€235▼
Profit (loss) for the period before taxes9903€-14k€16k▲
Income taxes67/77€447€5k▲
Profit (loss) for the period9904€-14k€11k▲
Profit (loss) for the period to be appropriated9905€-14k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-3k▲
Profit (loss) brought forward from the previous period14P€292€-14k▼
Transfer from equity791/2€21k-
Transfer to equity691/2-€11k
To other reserves6921-€11k
Profit to be distributed694/7€21k-
Return on contributions (dividend)694€21k-
The notes to these accounts (5 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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 8.63
Current ratio from 3.04 to 8.63; short-term debt falls from €30k to €9k.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €59k ▲138%
Operating result €80k, net result €59k, both a record.
31-12
Financial
Equity above €100kEq €101k ▲139%
2 profitable years in a row build equity to €101k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €25k
Net result €25k after 3 loss-making years.
09-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Sint-Gillis (bij-Brussel) · 2 establishment units since 2015
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.
Livornostraat 71060 Sint-Gillis (bij-Brussel)Ground area
5,180 m²
Building footprint
775 m²
Volume, LiDAR
13,051 m³
2 parcels, Brussels, Wallonia · tallest building 28.8 m, ±8 floors. Linked by address, not a title deed.
2 establishment units
Livornostraat 7, 1060 Sint-Gillis (bij-Brussel)
since 20152.246.720.928
Rue Petite Coyarde 41, 1367 Ramillies
since 20202.369.999.416
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0040/00C021 | Brussels | 4,310 m² | 1 · 692 m² | 28.8 m · 8 fl. |
| 25067A0395/00D000 | Wallonia | 869 m² | 1 · 83 m² | 6.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,920 companies in sector 71112 we hold annual accounts for 1,295. 1,079 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-09-2015
Fiscal year end31-12
Trade name FR
société privée à responsabilité limitée
Activities, NACEBEL
71112Activities of interior architects
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.