TER BRUGGEN
ActiveSummary
TER BRUGGEN has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-163k) and a net result of €60k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+30
Solvency0▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.43 against 0.79 in 2024; short-term debt: 180.1% and cash: 1.4% of total assets), and equity is negative.
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 · 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-83.7%
Return on assets
30.8%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 8001 sector peers (2025).
NBB · sector comparisonPosition among 8001 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
29 d early
2023
27 d early
2022
30 d early
2021
9 d early
2020
3 d late
2019
58 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-163k▲ 26.9%
2024 · €-223k
2018: €35k
2019: €-40k
2020: €-3k
2021: €-24k
2022: €-237k
2023: €-233k
2024: €-223k
2018 → 2025
Total assets
€194k▼ 79.5%
2024 · €949k
2018: €459k
2019: €408k
2020: €477k
2021: €485k
2022: €377k
2023: €485k
2024: €949k
2018 → 2025
Net result
€60k▲ 492%
2024 · €10k
2018: €4k
2019: €-74k
2020: €37k
2021: €-21k
2022: €-214k
2023: €4k
2024: €10k
2018 → 2025
Working capital
€-199k▲ 15.7%
2024 · €-236k
2018: €51k
2019: €-60k
2020: €46k
2021: €-363
2022: €-295k
2023: €-264k
2024: €-236k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-24k-€-237k▼ 905%€-233k▲ 1.8%€-223k▲ 4.4%€-163k▲ 26.9%
Operating result€-12k-€-208k▼ 1,604%€10k€16k▲ 53.2%€69k▲ 344%
Net result€-21k-€-214k▼ 932%€4k€10k▲ 134%€60k▲ 492%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 344% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €164k
Fixed assets
€13k ▼ 44.4%
Current assets
€151k ▼ 82.7%
Key figures and ratios
EBITDA
€102k▲
2024 · €48k
Cash flow
€93k▲
2024 · €42k
Solvency
-83.7%▼
2024 · -23.5%
Current ratio
0.43▼
2024 · 0.79
Quick ratio
0.32▼
2024 · 0.75
Debt to equity
-2.20▲
2024 · -5.26
ROA
30.8%▲
2024 · 1.1%
Interest coverage
13.56▲
2024 · 11.99
Debt
€357k▼
2024 · €1.17M
Debt ≤ 1 year
€350k▼
2024 · €1.11M
Debt > 1 year
€0▼
2024 · €60k
Income taxes
€1k▲
2024 · €1k
Staff costs
€385k▲
2024 · €375k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€949k€194k▼
Formation expenses20€50k€30k▼
Fixed assets21/28€24k€13k▼
Intangible fixed assets21€16k€9k▼
Tangible fixed assets22/27€7k€2k▼
Furniture and vehicles24€7k€2k▼
Financial fixed assets28€750€3k▲
Current assets29/58€875k€151k▼
Stocks and contracts in progress3€41k€39k▼
Stocks30/36€41k€39k▼
Amounts receivable within one year40/41€829k€109k▼
Trade receivables40€825k€105k▼
Other amounts receivable41€4k€4k=
Cash at bank and in hand54/58€5k€3k▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€949k€194k▼
Equity10/15€-223k€-163k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Profit (loss) carried forward14€-285k€-225k▲
Amounts payable17/49€1.17M€357k▼
Amounts payable after more than one year17€60k€0▼
Financial debts170/4€60k€0▼
Amounts payable within one year42/48€1.11M€350k▼
Trade debts44€608k€129k▼
Suppliers440/4€608k€129k▼
Taxes, remuneration and social security45€75k€89k▲
Taxes450/3€11k€28k▲
Remuneration and social security454/9€64k€61k▼
Other amounts payable47/48€428k€132k▼
Accrued charges and deferred income492/3€384€7k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€375k€385k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€33k▲
Other operating charges640/8€862€752▼
Non-recurring operating charges66A€0€2k▲
Gross operating margin9900€423k€489k▲
Operating profit (loss)9901€16k€69k▲
Financial income75/76B€23€0▼
Recurring financial income75€23€0▼
Financial charges65/66B€4k€8k▲
Recurring financial charges65€4k€8k▲
Profit (loss) for the period before taxes9903€12k€61k▲
Income taxes67/77€1k€1k▲
Profit (loss) for the period9904€10k€60k▲
Profit (loss) for the period to be appropriated9905€10k€60k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-285k€-225k▲
Profit (loss) brought forward from the previous period14P€-295k€-285k▲
Social balance
Average headcount (FTE)90875.05.0=
The notes to these accounts (12 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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2018net €60k ▲492%
Operating result €69k, net result €60k, both a record.
01-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
03-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Weakest financial yearnet €-214k
Net result drops to €-214k, the lowest in the series; recovery starts the following year.
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
03-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 3 days late
2020
30-09
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
03-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Londerzeel · 1 establishment unit since 1995
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.
Blauwenhoek 411840 LonderzeelGround area
214 m²
Parcel 23045C0145/00B002, Flanders. Linked by address, not a title deed.
1 establishment unit
Blauwenhoek 41, 1840 Londerzeel
since 19952.074.192.570
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23045C0145/00B002 | Flanders | 213 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.
Similar companies · same sector, comparable size
VDK Consult
BE 0846.765.854
Brasschaat · Eq €34,449
SAFTA
BE 0884.619.214
Antwerpen · Eq €34,414
FOODMORNINGS
BE 0761.769.704
Zaventem · Eq €34,721
Nutrimi
BE 0774.928.347
Deinze · Eq €34,318
COVAGO SRL
BE 0777.610.101
Ottignies-Louvain-la-Neuve · Eq €34,201
Of 1,641 companies in sector 46170 we hold annual accounts for 671. 451 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-09-1995
Fiscal year end30-09
Abbreviation NL
B F S
Activities, NACEBEL 2025
46170Agents in the wholesale of food, beverages and tobacco
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.