TER DUINEN
ActiveTER DUINEN has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.12M and a net result of €304k. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 82% of 679 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▼-1
Solvency92▼-8
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 2.65 against 4.11 in 2024; short-term debt: 33.2% and cash: 4.9% of total assets), and 33.2% of the assets are financed with debt.
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 · 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
66.8%
Return on assets
18.1%
Age of the figures
9 mo
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
30 d late
2023
29 d late
2022
31 d late
2021
31 d late
2020
30 d late
2019
19 d late
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.12M▼ 14.4%
2024 · €1.31M
2018: €1.36M
2019: €1.46M
2020: €1.72M
2021: €1.22M
2022: €1.26M
2023: €1.26M
2024: €1.31M
2018 → 2025
Total assets
€1.68M▲ 1.4%
2024 · €1.66M
2018: €1.81M
2019: €1.78M
2020: €2.04M
2021: €1.94M
2022: €1.80M
2023: €1.75M
2024: €1.66M
2018 → 2025
Net result
€304k▼ 2.6%
2024 · €312k
2018: €249k
2019: €256k
2020: €262k
2021: €231k
2022: €241k
2023: €245k
2024: €312k
2018 → 2025
Working capital
€920k▼ 14.4%
2024 · €1.07M
2018: €1.16M
2019: €1.25M
2020: €1.67M
2021: €1.03M
2022: €1.05M
2023: €974k
2024: €1.07M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.22M-€1.26M▲ 3.0%€1.26M▼ 0.3%€1.31M▲ 4.4%€1.12M▼ 14.4%
Operating result€337k-€344k▲ 2.2%€344k▼ 0.2%€457k▲ 33.1%€454k▼ 0.7%
Net result€231k-€241k▲ 4.3%€245k▲ 2.0%€312k▲ 27.0%€304k▼ 2.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.68M
Fixed assets
€203k▼ 14.3%
Current assets
€1.48M▲ 4.0%
Equity and liabilities €1.68M
Equity
€1.12M▼ 14.4%
Debt
€558k▲ 61.4%
The debt ratio rises from 20.9% to 33.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€511k▼
2024 · €522k
Cash flow
€360k▼
2024 · €376k
Solvency
66.8%▼
2024 · 79.1%
Current ratio
2.65▼
2024 · 4.11
Quick ratio
2.65▼
2024 · 4.11
Debt / equity
0.50▲
2024 · 0.26
ROE
27.1%▲
2024 · 23.8%
ROA
18.1%▼
2024 · 18.8%
Interest coverage
79.84▼
2024 · 80.49
Debt
€558k▲
2024 · €346k
Debt ≤ 1 year
€558k▲
2024 · €346k
Income taxes
€144k▲
2024 · €140k
Staff costs
€89k▲
2024 · €79k
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€1.66M€1.68M▲
Fixed assets21/28€236k€203k▼
Tangible fixed assets22/27€236k€203k▼
Land and buildings22€12k€11k▼
Plant, machinery and equipment23€216k€187k▼
Furniture and vehicles24€8k€4k▼
Current assets29/58€1.42M€1.48M▲
Amounts receivable within one year40/41€74k€67k▼
Trade receivables40€2k€9k▲
Other amounts receivable41€72k€58k▼
Current investments50/53€1.33M€1.33M=
Cash at bank and in hand54/58€17k€82k▲
Deferred charges and accrued income490/1€958€242▼
Equity and liabilities
Total equity and liabilities10/49€1.66M€1.68M▲
Equity10/15€1.31M€1.12M▼
Contributions10/11€19k€19k=
Reserves13€1.29M€1.10M▼
Distributable reserves133€1.29M€1.10M▼
Amounts payable17/49€346k€558k▲
Amounts payable within one year42/48€346k€558k▲
Current portion of amounts payable after more than one year42€44k€44k▼
Trade debts44€9k€12k▲
Suppliers440/4€9k€12k▲
Taxes, remuneration and social security45€24k€17k▼
Taxes450/3€24k€17k▼
Remuneration and social security454/9€932-
Other amounts payable47/48€268k€485k▲
Income statement
Code20242025
Non-recurring operating income76A€40k€1k▼
Remuneration, social security and pensions62€79k€89k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64k€57k▼
Other operating charges640/8€212k€227k▲
Gross operating margin9900€813k€827k▲
Operating profit (loss)9901€457k€454k▼
Financial income75/76B€1k€77▼
Recurring financial income75€1k€77▼
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€452k€448k▼
Income taxes67/77€140k€144k▲
Profit (loss) for the period9904€312k€304k▼
Profit (loss) for the period to be appropriated9905€312k€304k▼
Appropriation of the result
Profit (loss) to be appropriated9906€312k€304k▼
Transfer from equity791/2€256k€493k▲
Transfer to equity691/2€312k€304k▼
To the legal reserve6920€312k€304k▼
Profit to be distributed694/7€256k€493k▲
Return on contributions (dividend)694€256k€493k▲
Social balance
Average headcount (FTE)90871.82.0▲
The notes to these accounts (7 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 30 days late
2024
31-12
Financial
Highest result since 2018net €312k ▲27%
Operating result €457k, net result €312k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €231k ▼11.9%
Net result drops to €231k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 12.11
Current ratio from 5.29 to 12.11; short-term debt falls from €292k to €151k.
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 19 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, De Haan · 1 establishment unit since 2011
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.
Wenduinesteenweg 1438421 De HaanGround area
1,670 m²
Building footprint
135 m²
Volume, LiDAR
597 m³
Parcel 35021B0017/00F000, Flanders · tallest building 6.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Ter Duinen
since 20112.195.556.792
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35021B0017/00F000 | Flanders | 1,670 m² | 1 · 135 m² | 6.7 m · 1 fl. |
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.
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Of 441 companies in sector 55300 we hold annual accounts for 292. 217 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-01-2011
Fiscal year end31-12
Activities, NACEBEL
55300Accommodation
68201Renting and operating of own or leased residential real estate, excluding social housing
77394Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.