TER WIT
ActiveSummary
The computed 12-month bankruptcy probability of TER WIT is 3.0% (moderate). The 2025 annual accounts show negative equity (-€459,956) and a net result of -€89,486. Equity has been shrinking by about 460% per year since 2019. Its solvency ranks better than 7% of 16,996 sector peers (NACE 56, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 09-12-2016 Normal situation
- Activity
- Full-service restaurants NACE 56111and 4 others
- Establishment unit
- 2.259.383.188 8880 Ledegem, since 01-01-2017
- Financial year end
- 30 September
- Peppol
- Reachable since 01-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.0%
- Gross margin
- €50,620
- ▼ 26.9%
- Turnover
- ≈ €160,000
- estimated
- Loss
- €89,486
- ▼ 9.1%
- Equity
- -€459,956
- ▼ 24.2%
- Total assets
- €238,295
- ▼ 24.0%
- Employees on 30-09-2025
- 2
- ▼ 60.0%
- Negative equity on 30-09-2025
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Negative equity -€459,956Loss of €89,486, the second in a row (financial year 2025)lowers riskSize: total assets €238,295Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 56, micro). It does better than 9% of them on solvency, 2% on liquidity, 8% on profitability and 23% on growth.
The bankruptcy probability was computed on 02-11-2026 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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Signals
The company filed its last 7 accounts on average 52 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€459,956 View
- Risk: 3 loss-making years in a rowloss in financial year 2025 -€89,486 View
- Caution: Lower net result than 95% of companies in food and beverage servicesector median €4,886 · 16,974 companies -€89,486 View
- Positive: Always filed on timeaccounts within the deadline every year 8 years View
Recent changes
- · Gazette deed Registered office moved from Roeselare to Sint-Eloois-WinkelResignation: Ternest Chantal (director) · Appointment: Geert Witdouck (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as TER WIT: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €227,000 and €267,000, founded between 2015 and 2017.
| Company | Total assets | Gross margin |
|---|---|---|
| TER WIT Ledegem | €238,295 | €50,620 |
| FINES HERBES Pepinster | €254,682 | €47,790 |
| PiBa Commerce Lanaken | €253,506 | €50,468 |
| RESTAURANT SAN MARCO Gent | €262,491 | €48,513 |
| Be-CREATE Beringen | €227,195 | €45,333 |
| LaroS Zonhoven | €267,395 | €49,103 |
| KANG JIAN MEI Geraardsbergen | €258,754 | €60,363 |
Key facts about TER WIT
- What is the company number of TER WIT?
- The company number of TER WIT is 0667.578.051. The VAT number is the same number with BE in front: BE 0667.578.051.
- Where is TER WIT based?
- The registered office is at Gullegemsestraat 32, 8880 Ledegem.Company details
- What does TER WIT do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of TER WIT?
- The legal form of TER WIT is Private limited company (pre-2019) (BVBA).
- When was TER WIT founded?
- TER WIT was founded on 09-12-2016.
- Is TER WIT still active?
- Yes, TER WIT is an active enterprise in the KBO register.
- How many employees does TER WIT have?
- TER WIT had an average of 2.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of TER WIT?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €50,620 and 73 comparable companies (NACE 56111). It probably lies between €140,000 and €220,000.
- Is TER WIT profitable?
- In financial year 2025, TER WIT made a loss of €89,486.
- Where can I find the annual accounts of TER WIT?
- TER WIT filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TER WIT due?
- TER WIT must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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