Financials
- Fiscal year
- 2025
- Total assets
- €5.5m
- Loss
- -€136,172
- Solvency
- 80.1%
Total assets▼ 6.9%
Net result
20182025
Teralis
ActiveSummary
Teralis has been active since 1950 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.4m and a net result of -€136,172. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 92% of 163 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Overview
Activity
Travel agency activities
NACE 79110NACE 63301
#1 oldest company in Hainaut, Travel agencies sector2 sites
Size
€5.5mtotal assets 2025
- Staff
- 3 FTE
- Equity
- €4.4m
- Loss
- -€136,172
Structure
Accounts filed 5 d late0 of 13 deeds read
Why 95+ Legal form Non-profit association+ Founded in 1950+ Size: 3 FTE, total assets €5.5m+ Liquidity: current ratio 3.72, cash €1.1mShow the evidence
Checked score
Score 2025
95
/ 100
Excellent
Probability in this band: under 0.55%
Better than 60% of its sector peers (NACE 79, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100=
equity 80.1% of total assets
Liquidity
75+18
short-term debt 7.9% · cash 20.1%
Profitability
66-4
return on assets -2.5%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: < 0.1%lowest value
12-2024: < 0.1%● 0.0% vs 11-2024lowest value
01-2025: < 0.1%● 0.0% vs 12-2024lowest value
02-2025: < 0.1%● 0.0% vs 01-2025lowest value
03-2025: < 0.1%● 0.0% vs 02-2025lowest value
04-2025: < 0.1%● 0.0% vs 03-2025lowest value
05-2025: < 0.1%● 0.0% vs 04-2025lowest value
06-2025: < 0.1%▲ +10.0% vs 05-2025
07-2025: < 0.1%▲ +9.1% vs 06-2025
08-2025: < 0.1%▲ +25.0% vs 07-2025
09-2025: < 0.1%▲ +13.3% vs 08-2025
10-2025: < 0.1%▲ +35.3% vs 09-2025
11-2025: < 0.1%▲ +8.7% vs 10-2025
12-2025: < 0.1%● 0.0% vs 11-2025
01-2026: < 0.1%● 0.0% vs 12-2025
02-2026: < 0.1%● 0.0% vs 01-2026
03-2026: < 0.1%● 0.0% vs 02-2026
04-2026: < 0.1%▲ +4.0% vs 03-2026
05-2026: < 0.1%▲ +3.8% vs 04-2026
06-2026: < 0.1%▲ +3.7% vs 05-2026
07-2026: < 0.1%● 0.0% vs 06-2026
08-2026: < 0.1%▲ +25.0% vs 07-2026highest value
09-2026: < 0.1%▼ -71.4% vs 08-2026lowest value
10-2026: < 0.1%● 0.0% vs 09-2026lowest value
- Legal form Non-profit association lowers the probability
- Founded in 1950 lowers the probability for this profile
- Size: 3 FTE, total assets €5.5m lowers the probability for this profile
- Liquidity: current ratio 3.72, cash €1.1m lowers the probability
Credit up to €410,000 at 30 days acceptable
Liquidity ample (current ratio 3.72 against 3.45 in 2024; short-term debt: 7.9% and cash: 20.1% of total assets), and 19.9% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 79, micro). Better than this share of them on solvency 93%, liquidity 71%, profitability 49%, growth against the median 27%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
5 d late
2024
83 d late
2023
36 d early
2022
39 d early
2021
19 d early
2020
16 d early
2019
37 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 12 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Weakest financial yearnet -€136,172
- Annual accounts filedfiscal year 2024 · full…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 05-08-2026Annual accounts filed
- 31-12-2025Weakest financial year
- 22-10-2025Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Non-profit association
- Activity
- Travel agency activitiesNACE 79110
- Founded
- 19-09-1950
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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