Equity
€83,939 ▲ 37.9%
TERA RENBOUW paid out €833 in dividends. That is 4% of the 2025 profit.
TERA RENBOUW
Lifetime
2 annual accounts with figures on one time axispeak €128,155 (2024)
€91,980▼ 28.2%
peak €61,744 (2024)
€22,387▼ 63.7%
peak €83,939 (2025)
€83,939▲ 37.9%
€423,478▲ 511%
Board1 name since 2023
1 directorTera Bogdan
Documentsfilings and deeds
09-10-202670 days late
2025micro format
Gross margin from €128,155 to €91,980Result from €61,744 to €22,387Dividend €833Equity from €60,885 to €83,939Debts from €69,259 to €423,4781 establishment registered
Key points
from the 2025 annual accountsTurnover
≈ €480,000 estimated
The micro format states no turnover.
Debts
€423,478 83% of the balance sheet
Financial debts 11%Suppliers 80%Taxes and wages 6%Other 3%
Of this, €403,624 falls due within a year.
Investments
€50,461 5.1 × depreciation
Green is investment, beige is depreciation. Machinery stands 244.2% higher than in 2024.
Payment terms
96 days to suppliers
TERA RENBOUW pays its suppliers 71 days later than in 2024.
Starting capital
€1,500
2025 accounts filed 70 days after the deadline
Checked score
33
Weak
Financially stronger than 35% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
8.5% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.2%lowest value
01-2025: 4.6%▲ +0.4 percentage points vs 12-2024
02-2025: 4.6%● unchanged vs 01-2025
03-2025: 5.0%▲ +0.4 percentage points vs 02-2025
04-2025: 4.8%▼ -0.2 percentage points vs 03-2025
05-2025: 4.8%● unchanged vs 04-2025
06-2025: 5.1%▲ +0.3 percentage points vs 05-2025
07-2025: 6.0%▲ +0.9 percentage points vs 06-2025
08-2025: 6.0%● unchanged vs 07-2025
09-2025: 6.0%● unchanged vs 08-2025
10-2025: 6.0%● unchanged vs 09-2025
11-2025: 6.3%▲ +0.3 percentage points vs 10-2025
12-2025: 6.3%● unchanged vs 11-2025
01-2026: 6.2%▼ -0.1 percentage points vs 12-2025
02-2026: 6.2%● unchanged vs 01-2026
03-2026: 6.2%● unchanged vs 02-2026
04-2026: 6.2%● unchanged vs 03-2026
05-2026: 6.2%● unchanged vs 04-2026
06-2026: 6.1%▼ -0.1 percentage points vs 05-2026
07-2026: 6.2%▲ +0.1 percentage points vs 06-2026
08-2026: 6.8%▲ +0.6 percentage points vs 07-2026
09-2026: 6.9%▲ +0.1 percentage points vs 08-2026
10-2026: 8.5%▲ +1.6 percentage points vs 09-2026highest value
11-2026: 8.5%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 1.14
Last filed accounts filed 70 days late; 2 of the last 3 accounts late
Sector: Construction of residential and non-residential buildings (NACE 41)
Founded in 2023
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 41, micro). It does better than 23% of them on solvency, 11% on liquidity, 29% on profitability and 75% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,542 companies had the same profile as TERA RENBOUW has now. Each dot stands for 7 companies, two years later.
95.0%
were still trading
1.2%
stopped another way
3.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of TERA RENBOUW itself is higher: 8.5% within 12 months. It rests on far more data about TERA RENBOUW than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,542 companies, not a prediction for TERA RENBOUW. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.14 (1.4 in 2024), below the usual 1.5. Short-term debt is 79.5% of total assets. 83.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 9456 sector peers (2025).
NBB · sector comparisonPosition among 9456 sector peers
Solvency
better than 24%
← weakest
strongest →
raises risk · 2025 accounts filed 70 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-10-2026, 70 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
70 days late
2024
91 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 81 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
New establishment in Waregem
Eikenlaan 88
Incorporation
Founding capital of €1,500 · Founder: Tera Bogdan · Appointment: Tera Bogdan (statutory director) · published on 26-07-2023 · Gazette deed
First establishment
Oude Diksmuidse Boterweg 54, Tielt
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TERA RENBOUW Tielt | €507,417 | €91,980 | 16.5% | - |
| Stabiel Construct Bruges | €567,522 | €75,455 | 30.2% | - |
| Glorieux Bouw Wielsbeke | €472,052 | €113,034 | 11.4% | - |
| DESSY AMENAGEMENT Liège | €465,896 | €102,210 | 18.2% | - |
| JADIBOUW Kasterlee | €533,471 | €108,754 | 20.4% | - |
| ELECT-ONE Grimbergen | €436,965 | €89,934 | 37.1% | - |
| I&D SOLUTIONS Ternat | €426,774 | €97,730 | 27.5% | - |
These companies have the same main activity as TERA RENBOUW: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €427,000 and €568,000, founded in 2023.
Official details
Source: KBO- Status
- Active since 24-07-2023Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 4 others
- Establishment units
- 2.347.503.7308760 Tielt, since 24-07-2023
- 2.385.736.5768790 Waregem, since 01-07-2025
- Financial year end
- 31 December
- Peppol
- Reachable
Insights on TERA RENBOUW
The computed 12-month bankruptcy probability of TERA RENBOUW is 8.5% (elevated). The 2025 annual accounts show equity of €83,939 and a net result of €22,387.
Its solvency ranks better than 24% of 9,456 sector peers (NACE 41, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TERA RENBOUW
- What is the company number of TERA RENBOUW?
- The company number of TERA RENBOUW is 0804.225.416. The VAT number is the same number with BE in front: BE 0804.225.416.
- Where is TERA RENBOUW based?
- The registered office is at Oude Diksmuidse Boterweg 54, 8760 Tielt.Company details
- What does TERA RENBOUW do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of TERA RENBOUW?
- TERA RENBOUW is a private limited company (BV).
- When was TERA RENBOUW founded?
- TERA RENBOUW was founded on 24-07-2023.
- Is TERA RENBOUW still active?
- Yes, TERA RENBOUW is an active enterprise in the KBO register.
- How many employees does TERA RENBOUW have?
- TERA RENBOUW had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of TERA RENBOUW?
- The turnover in financial year 2025 is ≈ €480,000. This figure is estimated from the gross margin of €91,980 and 111 comparable companies (NACE 41001). It probably lies between €350,000 and €790,000.
- Is TERA RENBOUW profitable?
- In financial year 2025, TERA RENBOUW made a profit of €22,387.
- Where can I find the annual accounts of TERA RENBOUW?
- TERA RENBOUW filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TERA RENBOUW due?
- TERA RENBOUW must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
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