TERAM
TERAM has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15k and a net result of €-16k. Equity is shrinking by ~16.7% per year across the filed fiscal years. Its solvency ranks better than 14% of 1839 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
| Equity | €15k |
| Net result | €-16k |
| Better than sector | 14% |
| Active | 17 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 8.8% | 45.5% | |
| Net result | €-16k | €12k | |
| Equity | €15k | €77k | |
| Gross operating margin | €-8k | €48k | |
| Total assets | €168k | €192k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | - | - | - | - |
| Net profit | €-16k | €-4k | €1k | €19k |
| Cash flow | - | - | - | - |
| Staff costs | - | - | - | - |
| Income taxes | - | €3k | €69 | - |
| Dividends | - | - | - | - |
| Total assets | €168k | €178k | €163k | €147k |
| Equity | €15k | €31k | €35k | €34k |
| Debt | €153k | €147k | €128k | €113k |
| of which ≤ 1y | €28k | €27k | €8k | €113k |
| of which > 1y | €120k | €120k | €120k | - |
| Working capital | €140k | €151k | €155k | €34k |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 6.07 | 6.68 | 19.68 | 1.30 |
| Quick ratio | 4.84 | 5.40 | 19.68 | 1.27 |
| Working capital ratio | 83.5% | 85.0% | 94.9% | 23.0% |
| Solvency | 8.8% | 17.2% | 21.4% | 23.0% |
| Debt / equity | 10.40 | 4.83 | 3.68 | 3.35 |
| Long-term debt ratio | 8.13 | 3.93 | 3.44 | - |
| Interest coverage | - | - | - | - |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -9.4% | -2.5% | 0.6% | 12.6% |
| ROE | -106.7% | -14.3% | 2.9% | 54.8% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €168k | €178k | €163k | €147k |
| Fixed assets | 21/28 | - | - | - | €0 |
| Tangible fixed assets | 22/27 | - | - | - | €0 |
| Current assets | 29/58 | €168k | €178k | €163k | €147k |
| Stocks & contracts in progress | 3 | €34k | €34k | - | €3k |
| Amounts receivable within one year | 40/41 | €133k | €142k | €163k | €144k |
| Cash & bank | 54/58 | €987 | €1k | €457 | - |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €168k | €178k | €163k | €147k |
| Equity | 10/15 | €15k | €31k | €35k | €34k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | €12k | €12k | €12k | €12k |
| Accumulated profits (losses) | 14 | €-16k | €41 | €4k | €3k |
| Amounts payable | 17/49 | €153k | €147k | €128k | €113k |
| Amounts payable after one year | 17 | €120k | €120k | €120k | - |
| Amounts payable within one year | 42/48 | €28k | €27k | €8k | €113k |
| Trade debts payable within one year | 44 | €3k | €8k | €3k | - |
| Income statement | |||||
| Gross operating margin | 9900 | €-8k | €4k | €6k | €19k |
| Operating result | 9901 | €-11k | €4k | €6k | €19k |
| Financial charges | 65 | €5k | €5k | €5k | - |
| Result before taxes | 9903 | €-16k | €-1k | €1k | €19k |
| Income taxes | 67/77 | - | €3k | €69 | - |
| Net result for the period | 9904 | €-16k | €-4k | €1k | €19k |
| Result to be appropriated | 9905 | €-16k | €-4k | €1k | €19k |
-
MAHIEU PAUL JANDirectorState Gazette act 22145518 (09-12-2022)Current01-01-2022 → present
Former directors (1)
-
TERRYN KRISDirectorState Gazette act 22145518 (09-12-2022)Former- → 31-12-2022
| NACE primary | Manufacture of metal structures and parts of structures(25110) |
| Legal form | Private limited company(610) |
| Incorporation | 05-09-2008 |
| Status | Active |
| Postal code | 8570 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34038B0382/00K000 | Flanders | 602 m² | 1 · 132 m² | 3.5 m · 1 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
05-01-2024 MAHIEU Paul reappointed as director
- MAHIEU Paul, Bestuurder
Technical details
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"Afschrift akte",
"Geco\u00F6rdineerde statuten",
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}09-12-2022 1 director appointed, 1 resigning
- MAHIEU PAUL JAN, Bestuurder
- TERRYN KRIS, Bestuurder
Technical details
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}| Legal nameNL | TERAM |