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Fondatie Terninck

Active
Public-utility foundationfounded 1949active for 77 yearsHerman Vosstraat 14, 2180 Antwerpen, BelgiumKBO/BCE: BE 0408.370.988
Summary

Fondatie Terninck has the legal form “Public-utility foundation” in the KBO; Checked does not compute a bankruptcy probability for it. The 2025 annual accounts show equity of €34.9m and a net result of €42,386. Equity is growing by about 17% per year across the filed financial years. The company has been active since 1949 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
“Het verschaffen van onderwijs, het aanleren van vaardigheden en/of het bieden van pedagogische ondersteuning;” (deed in Dutch)
From the articles, 2 activitiesNo NACE code in the KBO yet1 site
Size
€44.9mtotal assets 2025
Equity
€34.9m
Surplus
€42,386
Financial health
75 Excellent Checked score 2025
Bankruptcy probability: legal form outside the model
Structure
Board
6 members
Auditor: Callens, Vandelanotte & Theunissen2025 accounts 44 days early8 of 14 deeds summarised
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Score 2025
75 / 100
Excellent▲ +1 on 2024
Without a bankruptcy probability: score from the figures alone
Financial strength · tick = 2024
Strong
Solvency 100=
equity 77.6% of total assets
Liquidity 55+2
short-term debt 1.5% · cash 4.4%
Profitability 69=
return on assets 0.1%
Bankruptcy probability, 12 months

For a Public-utility foundation we don't show a bankruptcy probability: the model is built on companies and gives no reliable figure for associations and foundations.

Credit of up to €2,600,000 on 30-day terms is acceptable
Liquidity ample (current ratio 5.38, compared with 4.64 in 2024, above the usual 1.5; short-term debt: 1.5% and cash: 4.4% of total assets), and 22.4% of the assets are financed with debt and provisions.
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Signals

1 signal.
neutral
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 17-06-2026, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
44 days early
2024
34 days early
2023
26 days early
2022
24 days early
2021
26 days early
2020
17 days late
2019
18 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 22 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Back to profitnet €42,386
  3. Resignations: Koen De Gronckel (director) and…Appointments: vzw CKSA, vzw VKSDA…

Key points

  • Positive: Back in profit in 2025after -€60,254 in 2024 €42,386 View
  • Active since 1949founded 25-06-1949 77 years View
  • Directors leftlatest change 21-11-2025 · 6 in office 2 left View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

By topic

Financials

Financial year
2025
Total assets
€44.9m
Profit
€42,386
Solvency
77.6%
Total assets▼ 2.7%
Net result
20182025
Go to Financials

Board & ownership

Board
6 members
Auditor
Callens, Vandelanotte & Theunissen
  • Marc Van PutDirector
  • KSA vzwDirector
  • vzw CKSADirector
  • vzw VKSDADirector
  • Moens MarianDirector

and 1 other director

Go to Board & ownership

Timeline

Events
32
Since
2007
Next accounts
by 31-07-2027
  1. 08-07-2025Appointments: Dominique Put (director) and Marian Moens…
  2. 27-06-2025Annual accounts filed
  3. 18-04-2025Resignations & appointments
Go to Timeline

Company details

Sites
1
Legal form
Public-utility foundation
Founded
25-06-1949
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
13
Purpose
“Het verschaffen van onderwijs, het aanleren van vaardigheden en/of het bieden van…” (deed in Dutch)
Go to Articles of association

Key facts about Fondatie Terninck

What is the company number of Fondatie Terninck?
0408.370.988. In Belgium the VAT number is the company number with BE in front: BE 0408.370.988.
Where is Fondatie Terninck based?
The registered office is at Herman Vosstraat 14, 2180 Antwerpen.Company details
What is the legal form of Fondatie Terninck?
Public-utility foundation.
When was Fondatie Terninck founded?
On 25-06-1949.
Is Fondatie Terninck still active?
Yes, Fondatie Terninck is an active enterprise in the KBO register.
How many employees does Fondatie Terninck have?
On average 29.6 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
What is the turnover of Fondatie Terninck?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Fondatie Terninck profitable?
In financial year 2025, Fondatie Terninck made a profit of €42,386.
Where can I find the annual accounts of Fondatie Terninck?
Fondatie Terninck filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Fondatie Terninck due?
By 31-07-2027, for financial year 2026.Timeline

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