TER LAAR
ActiveTER LAAR has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7k and a net result of €-56k. Equity is shrinking by ~14.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 21% of 12632 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
10
/ 100
Critical▼ -42 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency15▼-80
Growth22=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.15 against 1.78 in 2024), and 79.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 69
Relative position
BE, all sectors
reference
Sector 69
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 2025Solvency, return and age of the figures
Solvency
20.6%
Return on assets
-166.5%
Age of the figures
11 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€56k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 12632 sector peers (2025).
NBB · sector comparisonPosition among 12632 sector peers
Solvency
better than 21%
← 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 25-03-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 d early
2024
65 d early
2023
32 d early
2022
54 d early
2021
59 d early
2020
31 d early
2019
59 d early
← before the deadline
after the deadline →
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
14-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€38k▼ 78.3%
2021 · €174k
2021: €174k
2021 → 2022
EBIT margin
-182.0%▼ 198.8pp
2021 · 16.9%
2021: 16.9%
2021 → 2022
Net result
€-56k▲ 41.5%
2024 · €-96k
2018: €-40k
2019: €-25k
2020: €40k
2021: €20k
2022: €-39k
2023: €-32k
2024: €-96k
2018 → 2025
Working capital
€-23k
2024 · €24k
2018: €3k
2019: €-36k
2020: €72k
2021: €100k
2022: €77k
2023: €73k
2024: €24k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€174k-€38k▼ 78.3%
Equity€234k-€195k▼ 16.9%€162k▼ 16.6%€84k▼ 48.2%€7k▼ 91.7%
Operating result€29k-€-69k€-67k▲ 2.3%€-92k▼ 37.6%€-54k▲ 41.3%
Net result€20k-€-39k€-32k▲ 18.0%€-96k▼ 196%€-56k▲ 41.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €54k in 2025 against €92k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34k
Fixed assets
€30k▼ 50.6%
Current assets
€4k▼ 92.7%
Equity and liabilities €34k
Equity
€7k▼ 91.7%
Debt
€27k▼ 12.6%
The debt ratio rises from 26.7% to 79.4%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-24k▲
2024 · €-63k
Cash flow
€-26k▲
2024 · €-67k
Solvency
20.6%▼
2024 · 73.3%
Current ratio
0.15▼
2024 · 1.78
Quick ratio
0.15▼
2024 · 1.78
Debt / equity
3.85▲
2024 · 0.36
ROE
-807.9%▼
2024 · -114.0%
ROA
-166.5%▼
2024 · -83.6%
Interest coverage
-12.32▲
2024 · -17.47
Debt
€27k▼
2024 · €31k
Debt ≤ 1 year
€27k▼
2024 · €31k
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€115k€34k▼
Fixed assets21/28€60k€30k▼
Tangible fixed assets22/27€60k€30k▼
Land and buildings22€58k€30k▼
Other tangible fixed assets26€2k-
Current assets29/58€54k€4k▼
Amounts receivable within one year40/41€68€2k▲
Trade receivables40€60€821▲
Other amounts receivable41€8€981▲
Cash at bank and in hand54/58€53k€2k▼
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€115k€34k▼
Equity10/15€84k€7k▼
Contributions10/11€136k€115k▼
Profit (loss) carried forward14€-52k€-108k▼
Amounts payable17/49€31k€27k▼
Amounts payable within one year42/48€31k€27k▼
Trade debts44€349-
Suppliers440/4€349-
Taxes, remuneration and social security45€25-
Taxes450/3€25-
Other amounts payable47/48€30k€27k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€30k▲
Other operating charges640/8€4k€3k▼
Non-recurring operating charges66A€37k-
Gross operating margin9900€-22k€-21k▲
Operating profit (loss)9901€-92k€-54k▲
Financial income75/76B€2-
Recurring financial income75€2-
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€-96k€-56k▲
Profit (loss) for the period9904€-96k€-56k▲
Profit (loss) for the period to be appropriated9905€-96k€-56k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-52k€-108k▼
Profit (loss) brought forward from the previous period14P€44k€-52k▼
The notes to these accounts (6 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
25-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-96k
Net result drops to €-96k, the lowest in the series; recovery starts the following year.
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Liquidity times 12current ratio 32.50
Current ratio from 2.66 to 32.50; short-term debt falls from €47k to €2k.
07-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €40k
Net result €40k after 2 loss-making years.
30-09
Financial
Liquidity doublescurrent ratio 1.54
Current ratio from 0.74 to 1.54; short-term debt falls from €135k to €134k.
30-09
Financial
Equity above €200kEq €214k ▲23.2%
Equity rises from €174k to €214k.
02-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-02
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
3 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, Aalst · 1 establishment unit since 1999
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.
Laarstraat 169320 AalstGround area
3,282 m²
Building footprint
299 m²
Volume, LiDAR
1,672 m³
Parcel 41047B0719/00H000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TER LAAR
since 19992.205.960.835
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41047B0719/00H000 | Flanders | 3,282 m² | 1 · 299 m² | 8.6 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.
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Of 2,258 companies in sector 69209 we hold annual accounts for 1,090. 360 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-03-1999
Fiscal year end30-09
Activities, NACEBEL
69202Legal and accounting activities
69209Other tax advisory services
74121
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.