TER WIT
ActiveThe computed 12-month bankruptcy probability of TER WIT is 2.9% (moderate). The 2025 annual accounts show negative equity (€-460k) and a net result of €-89k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 13061 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability97▼-3
Solvency33=
Growth32=
Stability100
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.32 against 0.46 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
-193%
Return on assets
-37.6%
Age of the figures
11 mo
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€460k
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 20-03-2026, 41 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
41 d early
2024
29 d early
2023
57 d early
2022
69 d early
2021
61 d early
2020
45 d early
2019
64 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
Equity
€-460k▼ 24.2%
2024 · €-370k
2018: €204
2019: €13k
2020: €11k
2021: €16k
2022: €20k
2023: €-272k
2024: €-370k
2018 → 2025
Total assets
€238k▼ 24.0%
2024 · €314k
2018: €38k
2019: €33k
2020: €36k
2021: €25k
2022: €437k
2023: €321k
2024: €314k
2018 → 2025
Net result
€-89k▲ 9.1%
2024 · €-98k
2018: €-18k
2019: €13k
2020: €-2k
2021: €5k
2022: €5k
2023: €-292k
2024: €-98k
2018 → 2025
Working capital
€-390k▼ 34.0%
2024 · €-291k
2018: €-3k
2019: €8k
2020: €6k
2021: €16k
2022: €44k
2023: €-312k
2024: €-291k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€16k-€20k▲ 31.0%€-272k€-370k▼ 36.2%€-460k▼ 24.2%
Operating result€5k-€6k▲ 15.3%€-286k€-103k▲ 64.0%€-86k▲ 16.8%
Net result€5k-€5k▼ 3.1%€-292k€-98k▲ 66.3%€-89k▲ 9.1%
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 €86k in 2025 against €103k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €238k
Fixed assets
€55k▼ 21.3%
Current assets
€183k▼ 24.8%
Key figures and ratios
EBITDA
€-71k▲
2024 · €-88k
Cash flow
€-75k▲
2024 · €-83k
Solvency
-193.0%▼
2024 · -118.1%
Current ratio
0.32▼
2024 · 0.46
Quick ratio
0.25▼
2024 · 0.33
Debt / equity
-1.52▲
2024 · -1.85
ROE
19.5%▼
2024 · 26.6%
ROA
-37.6%▼
2024 · -31.4%
Interest coverage
-14.42▲
2024 · -15.54
Debt
€698k▲
2024 · €684k
Debt ≤ 1 year
€574k▲
2024 · €535k
Debt > 1 year
€125k▼
2024 · €149k
Staff costs
€120k▼
2024 · €155k
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€314k€238k▼
Fixed assets21/28€70k€55k▼
Tangible fixed assets22/27€70k€55k▼
Land and buildings22€4k€3k▼
Plant, machinery and equipment23€57k€46k▼
Furniture and vehicles24€9k€6k▼
Current assets29/58€243k€183k▼
Stocks and contracts in progress3€65k€41k▼
Stocks30/36€65k€41k▼
Amounts receivable within one year40/41€177k€140k▼
Trade receivables40€177k€139k▼
Other amounts receivable41€588€1k▲
Cash at bank and in hand54/58€454€1k▲
Deferred charges and accrued income490/1€1k€384▼
Equity and liabilities
Total equity and liabilities10/49€314k€238k▼
Equity10/15€-370k€-460k▼
Contributions10/11€19k€19k=
Reserves13€1k€2k▲
Tax-exempt reserves132€1k€2k▲
Profit (loss) carried forward14€-390k€-480k▼
Amounts payable17/49€684k€698k▲
Amounts payable after more than one year17€149k€125k▼
Financial debts170/4€149k€125k▼
Amounts payable within one year42/48€535k€574k▲
Current portion of amounts payable after more than one year42€24k€24k▲
Financial debts43€313€546▲
Credit institutions430/8€313€546▲
Trade debts44€244k€254k▲
Suppliers440/4€244k€254k▲
Taxes, remuneration and social security45€18k€20k▲
Taxes450/3€2k€4k▲
Remuneration and social security454/9€16k€16k▼
Other amounts payable47/48€249k€276k▲
Income statement
Code20242025
Remuneration, social security and pensions62€155k€120k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€69k€51k▼
Operating profit (loss)9901€-103k€-86k▲
Financial income75/76B€10k€1k▼
Recurring financial income75€21€1k▲
Non-recurring financial income76B€10k-
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€-98k€-89k▲
Profit (loss) for the period9904€-98k€-89k▲
Transfer to tax-exempt reserves689€506€506=
Profit (loss) for the period to be appropriated9905€-99k€-90k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-390k€-480k▼
Profit (loss) brought forward from the previous period14P€-291k€-390k▼
The notes to these accounts (10 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
20-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €-292k ▼6140%
Net result drops to €-292k, the lowest in the series; recovery starts the following year.
20-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
30-09
Financial
Liquidity doublescurrent ratio 2.70
Current ratio from 1.25 to 2.70; short-term debt falls from €25k to €9k.
16-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
19-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
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, Ledegem · 1 establishment unit since 2017
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.
Gullegemsestraat 328880 LedegemGround area
860 m²
Building footprint
278 m²
Volume, LiDAR
1,355 m³
Parcel 36018B0430/00P002, Flanders · tallest building 11.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Brasserie "PUUR"
since 20172.259.383.188
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36018B0430/00P002 | Flanders | 860 m² | 1 · 278 m² | 11.1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLedegem2.259.383.188
Similar companies · same sector, comparable size
ADDAX
BE 0459.918.174
Antwerpen · Eq €20k
Palace by Shamrock
BE 0550.722.250
Tielt · Eq €20k
LE PLAN B
BE 0634.650.214
Namur · Eq €20k
Kardan
BE 0643.545.807
Tervuren · Eq €20k
PALLIETER
BE 0658.831.027
Heist-op-den-Berg · Eq €20k
Of 20,234 companies in sector 56111 we hold annual accounts for 11,312. 8,717 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded09-12-2016
Fiscal year end30-09
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56220Contract catering and other food service activities
56290Food and beverage service activities
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.