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Complete company report
Generated 28-07-2026
Active BE 0789.622.659Public limited company

Ter Ijzer

Kuipebosstraat 11 ·8880 Ledegem, Belgium· 3 yrs active
Sector: Financial services (64210)
Conclusion Checked

Ter Ijzer is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €1.58M and a net result of €543k. Its solvency ranks better than 39% of 1400 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €1.58M
Net result €543k
Staff (FTE) 1
Better than sector 39%
Snowflake analysis 5 axes · computed by Checked
Health0Profitability100Solvency32Growth78Stability94
61 / 100

Strong profile, led by profitability.

Health 0
Profitability 100
Solvency 32
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.
Financial overview2 NBB filings
Annual accounts filed on 24-07-2025 with the NBB · fiscal year 2024 · verkort
€0€200k€400k€600kOperating result 2023: €206k€206kNet result 2023: €40k€40kOperating result 2024: €186k€186kNet result 2024: €543k€543k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 64, Financial services · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 27.8% 37.2%
better than 39% of 1400 sector peers
Net result €543k €46k
better than 88% of 1399 sector peers
Equity €1.58M €362k
better than 77% of 1400 sector peers
Gross operating margin €264k €66k
better than 84% of 1398 sector peers
Staff costs €73k €72k
higher than 50% of 196 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Net profit
€543k
+1271.1% far above sector median
Total assets
€5.70M
+1.0% +226% vs sector
Equity
€1.58M
+52.3% +101% vs sector
Employees (FTE)
1
+400.0% -66% vs sector
Staff costs
€73k
+593.6% -37% vs sector
Income taxes
€11k
+13.1% far above sector median
Debt
€4.12M
-10.6% far above sector median
Debt ≤ 1y
€732k
-55.4% +258% vs sector
Debt > 1y
€3.32M
+13.0% far above sector median
Solvency
27.8%
+50.8% -41% vs sector
ROE
34.3%
+800.5% far above sector median
ROA
9.5%
+1257.8% far above sector median
Figures by fiscal year
Fiscal year2024
Revenuen/a
EBITDAn/a
Net profit€543k
Cash flown/a
Staff costs€73k
Income taxes€11k
Dividends-
Total assets€5.70M
Equity€1.58M
Debt€4.12M
of which ≤ 1y€732k
of which > 1y€3.32M
Working capitaln/a
Employees (FTE)1.0
Ratios (computed)
2024
Current ration/a
Quick ration/a
Working capital ration/a
Solvency27.8%
Debt / equityn/a
Long-term debt ration/a
Interest coveragen/a
Gross marginn/a
Net marginn/a
ROA9.5%
ROE34.3%
EBITDA marginn/a
Days sales outstandingn/a
Days payable outstandingn/a
Inventory turnovern/a
Days inventory (DSI)n/a
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€5.70M
Fixed assets 21/28€5.60M
Tangible fixed assets 22/27€37k
Financial fixed assets 28€5.57M
Current assets 29/58€96k
Amounts receivable within one year 40/41€53k
Cash & bank 54/58€42k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€5.70M
Equity 10/15€1.58M
Contributions / capital 10/11€1.00M
Reserves 13€583k
Amounts payable 17/49€4.12M
Amounts payable after one year 17€3.32M
Amounts payable within one year 42/48€732k
Trade debts payable within one year 44€1k
Income statement
Gross operating margin 9900€264k
Operating result 9901€186k
Financial income 75€500k
Financial charges 65€132k
Result before taxes 9903€555k
Income taxes 67/77€11k
Net result for the period 9904€543k
Result to be appropriated 9905€543k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Financial services(64210)
Legal form Public limited company(014)
Incorporation12-08-2022
StatusActive
Postal code8880
Establishment units 1 location
Kuipebosstraat 11, 8880 Ledegem
Holdings
since 20232.348.375.542
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36018A1001/00E000 Flanders 2,022 m² 1 · 165 m² 18.6 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
24-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2024
27-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Holdings64200Activiteiten van holdings64210
Primary activity highlighted.
Names & trade names
Legal nameNL Ter Ijzer
Registered office
Kuipebosstraat 11
8880 Ledegem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative