TER GAST
ActiveTER GAST has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €76k and a net result of €9k. Equity is growing by ~32.3% per year across the filed fiscal years. Its solvency ranks better than 74% of 3941 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
93
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability58▼-42
Solvency93▲+6
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 1.76 against 1.51 in 2023), and 38.6% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
61.4%
Return on assets
7.1%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
23 d early
2022
45 d early
2021
44 d early
2020
43 d early
2019
42 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9k▼ 42.9%
2023 · €15k
2018: €-7k
2019: €-3k
2020: €7k
2021: €14k
2022: €16k
2023: €15k
2018 → 2024
Working capital
€36k▲ 43.7%
2023 · €25k
2018: €-11k
2019: €-84k
2020: €-113k
2021: €-80k
2022: €3k
2023: €25k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€23k-€36k▲ 54.6%€52k▲ 42.5%€67k▲ 29.5%€76k▲ 13.0%
Operating result€6k-€14k▲ 140%€17k▲ 22.2%€17k▼ 2.7%€9k▼ 43.6%
Net result€7k-€14k▲ 86.5%€16k▲ 18.9%€15k▼ 6.6%€9k▼ 42.9%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 44% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €123k
Fixed assets
€39k▼ 5.5%
Current assets
€84k▲ 12.2%
Equity and liabilities €123k
Equity
€76k▲ 13.0%
Debt
€48k▼ 3.8%
The debt ratio falls from 42.5% to 38.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€23k▼
2023 · €29k
Cash flow
€22k▼
2023 · €27k
Solvency
61.4%▲
2023 · 57.5%
Current ratio
1.76▲
2023 · 1.51
Quick ratio
1.76▲
2023 · 1.51
Debt / equity
0.63▼
2023 · 0.74
ROE
11.5%▼
2023 · 22.8%
ROA
7.1%▼
2023 · 13.1%
Interest coverage
107.94▲
2023 · 94.03
Debt
€48k▼
2023 · €49k
Debt ≤ 1 year
€48k▼
2023 · €49k
Income taxes
€869▼
2023 · €2k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€116k€123k▲
Fixed assets21/28€42k€39k▼
Tangible fixed assets22/27€42k€39k▼
Plant, machinery and equipment23€42k€39k▼
Current assets29/58€75k€84k▲
Amounts receivable within one year40/41€39k€48k▲
Trade receivables40€38k€48k▲
Other amounts receivable41€200€200=
Cash at bank and in hand54/58€36k€36k▲
Equity and liabilities
Total equity and liabilities10/49€116k€123k▲
Equity10/15€67k€76k▲
Contributions10/11€19k€19k=
Reserves13€47k€56k▲
Distributable reserves133€47k€56k▲
Profit (loss) carried forward14€1k€1k=
Amounts payable17/49€49k€48k▼
Amounts payable within one year42/48€49k€48k▼
Trade debts44€8k€6k▼
Suppliers440/4€8k€6k▼
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€3k€2k▼
Other amounts payable47/48€39k€39k=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8€150-
Gross operating margin9900€29k€23k▼
Operating profit (loss)9901€17k€9k▼
Financial income75/76B€390€360▼
Recurring financial income75€390€360▼
Financial charges65/66B€304€209▼
Recurring financial charges65€304€209▼
Profit (loss) for the period before taxes9903€17k€10k▼
Income taxes67/77€2k€869▼
Profit (loss) for the period9904€15k€9k▼
Profit (loss) for the period to be appropriated9905€15k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€10k▼
Profit (loss) brought forward from the previous period14P€1k€1k=
Transfer to equity691/2€15k€9k▼
To other reserves6921€15k€9k▼
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
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €16k ▲18.9%
Operating result €17k, net result €16k, both a record.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
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, Comines-Warneton · 1 establishment unit since 2008
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.
Iepersteenweg(WAA) 657784 Comines-WarnetonGround area
4,839 m²
Building footprint
477 m²
Volume, LiDAR
2,580 m³
Parcel 54009C0126/00Z000, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Iepersteenweg(WAA) 65, 7784 Comines-Warneton
since 20082.170.949.575
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54009C0126/00Z000 | Wallonia | 4,839 m² | 1 · 477 m² | 8.8 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteComines-Warneton/Komen-Waasten2.170.949.575
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BE 0860.846.789
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KD INDUSTRIES
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TRIBEST
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AGRI-BEAUFRUITS
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Of 4,675 companies in sector 01610 we hold annual accounts for 1,368. 1,043 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-02-2008
Fiscal year end31-12
Activities, NACEBEL
01610Support activities for crop production
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.