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TER SMISSE

Active
Private limited companyfounded 2021active for 5 yearsSmissestraat 6, 9910 Aalter, BelgiumKBO/BCE: BE 0770.552.459
Summary

TER SMISSE has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€10,822) and a net result of €1,447. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 21% of 22,726 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Official details

Source: KBO
Status
Active since 30-06-2021 Normal situation
Activity
Retail sale of meat and meat products, excluding game and poultry NACE 47221and 2 others
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 30-06-2023
Establishment unit
2.318.925.352 9910 Aalter, since 30-06-2021
Financial year end
30 June
Peppol
Reachable since 30-01-2026

Board and ownership

Board
  • De Neve PieterDirector · since 29-06-2021

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Annual accounts to 30-06-2025
Gross margin
€111,094
▲ 26.0%
Turnover
≈ €530,000
estimated
Profit
€1,447
▲ 38.2%
Equity
-€10,822
▲ 11.8%
Total assets
€414,551
▼ 3.5%
Employees on 30-06-2025
2
▲ 100%
  • Negative equity on 30-06-2025
Filed on 30-01-2026, 1 day before the deadline
Score breakdownraises riskCapped at 59: negative equityNegative equity -€10,822Sector: Retail trade (NACE 47)Founded in 2021lowers riskSize: total assets €414,551Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 42% of micro companies in retail trade (NACE 47)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 22=
equity -2.6% of total assets
Liquidity 43+2
short-term debt 36.8% · cash 7.9%
Profitability 63-6
return on assets 0.3%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 1.6% 01-2025: 1.6%● unchanged vs 12-2024 02-2025: 2.2%▲ +0.6 percentage points vs 01-2025highest value 03-2025: 1.1%▼ -1.1 percentage points vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.0%▼ -0.1 percentage points vs 05-2025 07-2025: 1.0%● unchanged vs 06-2025 08-2025: 1.0%● unchanged vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.1%▲ +0.1 percentage points vs 09-2025 11-2025: 1.2%▲ +0.1 percentage points vs 10-2025 12-2025: 1.3%▲ +0.1 percentage points vs 11-2025 01-2026: 1.4%▲ +0.1 percentage points vs 12-2025 02-2026: 1.8%▲ +0.4 percentage points vs 01-2026 03-2026: 0.9%▼ -0.9 percentage points vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026lowest value 08-2026: 0.9%● unchanged vs 07-2026 09-2026: 0.9%● unchanged vs 08-2026 10-2026: 1.1%▲ +0.2 percentage points vs 09-2026 11-2026: 1.1%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.4 (0.3 in 2024), below 1. Short-term debt is 36.8% and cash 7.9% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 18% of them on solvency, 41% on liquidity, 44% on profitability and 63% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €414,551
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€10,822
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 22726 sector peers (2025).
NBB · sector comparison
Position among 22726 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
1 day early
2024
4 days late
2023
on the day
2022
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 1 day after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end02-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€10,822 View
  • Caution: Less equity than 83% of companies in retail tradesector median €41,216 · 22,767 companies -€10,822 View

Recent changes

  1. · Gazette deed Incorporation
All 8 events

Comparable companies

These companies have the same main activity as TER SMISSE: retail sale of meat and meat products, excluding game and poultry (NACE 47221). They are comparable in size and age: total assets between €340,000 and €447,000, founded between 2019 and 2022.

CompanyTotal assetsGross margin
TER SMISSE Aalter€414,551€111,094
BO-VERS Kapelle-op-den-Bos€413,036€101,753
N&G Nieuwpoort€447,004€110,722
MEAT VAN RIET Londerzeel€400,707€88,803
ATELIER SAINT PIERRE Mouscron€340,248€137,797
Slagerij Tom & Ciska Anzegem€395,773€88,243
LA MAISON DEWEERDT Genappe€428,382€91,421
Full comparison

Key facts about TER SMISSE

What is the company number of TER SMISSE?
The company number of TER SMISSE is 0770.552.459. The VAT number is the same number with BE in front: BE 0770.552.459.
Where is TER SMISSE based?
The registered office is at Smissestraat 6, 9910 Aalter.Company details
What does TER SMISSE do?
According to the KBO register, the main activity is retail sale of meat and meat products, excluding game and poultry (NACE 47221).
What is the legal form of TER SMISSE?
The legal form of TER SMISSE is Private limited company (BV).
When was TER SMISSE founded?
TER SMISSE was founded on 30-06-2021.
Is TER SMISSE still active?
Yes, TER SMISSE is an active enterprise in the KBO register.
How many employees does TER SMISSE have?
TER SMISSE had an average of 1.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does TER SMISSE fall under?
In its 30-06-2023 annual accounts, TER SMISSE states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of TER SMISSE?
The turnover in financial year 2025 is ≈ €530,000. This figure is estimated from the gross margin of €111,094 and 43 comparable companies (NACE 472). It probably lies between €360,000 and €910,000.
Is TER SMISSE profitable?
In financial year 2025, TER SMISSE made a profit of €1,447.
Where can I find the annual accounts of TER SMISSE?
TER SMISSE filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TER SMISSE due?
TER SMISSE must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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