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T.E.R.

Active Private limited company (pre-2019)founded 2014active for 12 yearsKBO/BCE: BE 0550.755.211

Lifetime

11 annual accounts with figures on one time axis
peak €261,584 (2019)
-€2,293▼ €22,922
lowest -€125,419 (2020)
-€12,110▼ €24,191
peak €12,462 (2015)
-€160,979▼ €12,110
€162,975▲ 8.3%
peak 5.2 FTE (2019)
-not published
Board4 names since 2014
1 director
Documentsfilings and deeds
30-04-2026on the last day
2025micro format
Gross margin from €20,629 to -€2,293Loss of €12,110

Key points

from the 2025 annual accounts

Equity

-€160,979
202020212022202320242025

Debts exceed assets in financial year 2025.

Filings

11 annual accounts since 2015
deadline201520202025

The 2021 accounts came 52 days late. The other nine of the last ten were filed on time.

Turnover not published (abbreviated or micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,920 companies had the same profile as T.E.R. has now. Each dot stands for 18 companies, two years later.

85.3%
were still trading
8.3%
stopped another way
5.8%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.7% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,920 companies, not a prediction for T.E.R.. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 15-04-2014
Board & ownership

Recent changes

Address struck Archimedesstraat 19 L’adresse du siège Archimedesstraat 19 8400 Archimedesstraat 19 8400, 8400 Oostende werd doorgehaald met ingang Oostende · effective 13-09-2026 · KBO administration
Registered in the Peppol Directory Reachable for e-invoices through 0208:0550755211
Resignation: (director) General meeting of 31-12-2020 · Gazette deed
Registered office moved within Ostend New registered office: Archimedestraat 19-8400 Oostende · Previous registered office: Archimedestraat 63-8400 Oostende · General meeting of 01-07-2018 · Gazette deed
All 24 events

Official details

Source: KBO
Status
Active since 18-04-2014Normal situation
Legal form
Private limited company (pre-2019)
Activity
No activity registered in the KBO
Establishment unit
2.232.063.535since 15-04-2014
Financial year end
30 September
Peppol
Reachable since 03-12-2025
Company details

Annual accounts to 30-09-2025

€1,997▲ 19.9%
Filing
Filed on 30-04-2026, on the last day of the filing period
Financials

Insights on T.E.R.

T.E.R. files the micro format. That format states no turnover. The gross margin fell from €13,645 in 2015 to -€2,293 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about T.E.R.

What is the company number of T.E.R.?
The company number of T.E.R. is 0550.755.211. The VAT number is the same number with BE in front: BE 0550.755.211.
What is the legal form of T.E.R.?
T.E.R. is a private limited company (pre-2019) (BVBA).
When was T.E.R. founded?
T.E.R. was founded on 18-04-2014.
Is T.E.R. still active?
Yes, T.E.R. is an active enterprise in the KBO register.Company details
How many employees does T.E.R. have?
T.E.R. had an average of 1.2 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of T.E.R.?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.
Is T.E.R. profitable?
In financial year 2025, T.E.R. made a loss of €12,110.
Where can I find the annual accounts of T.E.R.?
T.E.R. filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of T.E.R. due?
T.E.R. must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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