TERATER
ActiveSummary
TERATER has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €143k and a net result of €25k. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability89▲+74
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 18.77 against 53.67 in 2024; short-term debt: 5% and cash: 86.5% of total assets), and 5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
95%
Return on assets
16.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
66 d early
2023
43 d early
2022
28 d early
2021
11 d late
2020
13 d late
2019
14 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€25k
2024 · €-4k
Working capital
€135k▲ 26.9%
2024 · €106k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-8k▲ 52.8%€6k€22k▲ 298%€-4k€32k
Net result€-8k▲ 52.1%€5k€23k▲ 322%€-4k€25k
Equity€94k▼ 8.2%€99k▲ 5.7%€122k▲ 22.8%€118k▼ 3.3%€143k▲ 20.8%
Total assets€98k▼ 5.9%€104k▲ 6.8%€128k▲ 22.3%€120k▼ 5.9%€150k▲ 25.1%
Debt€4k▲ 165%€5k▲ 35.3%€6k▲ 12.6%€2k▼ 63.5%€8k▲ 276%
Working capital€94k▼ 8.2%€101k▲ 7.3%€111k▲ 9.9%€106k▼ 4.0%€135k▲ 26.9%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €32k after a loss of €4k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €150k
Fixed assets
€8k ▼ 33.7%
Current assets
€142k ▲ 31.6%
Equity and liabilities €150k
Equity
€143k ▲ 20.8%
Debt
€8k ▲ 276%
Debt's share of the balance-sheet total rises from 1.7% to 5.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€36k▲
2024 · €-746
Cash flow
€29k▲
2024 · €-732
Current ratio
18.77▼
2024 · 53.67
Quick ratio
17.15▼
2024 · 41.76
Debt to equity
0.05▲
2024 · 0.02
ROE
17.2%▲
2024 · -3.4%
ROA
16.3%▲
2024 · -3.4%
Interest coverage
187.68▲
2024 · -3.79
Debt ≤ 1 year
€8k▲
2024 · €2k
Income taxes
€8k
Staff costs
€-260▼
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €7k | €11k | €-2k | €1k | €-260 | ▼ 123% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1k | €3k | €4k | ▲ 22.1% |
| Other operating charges640/8 | €473 | €418 | - | €150 | €3k | ▲ 1,666% |
| Gross operating margin9900 | €-804 | €17k | €22k | €544 | €39k | ▲ 7,015% |
| Operating profit (loss)9901 | €-8k | €6k | €22k | €-4k | €32k | ▲ 897% |
| Financial income75/76B | - | €56 | €1k | €211 | - | - |
| Recurring financial income75 | - | €56 | €1k | €211 | - | - |
| Financial charges65/66B | €275 | €318 | €229 | €197 | €193 | ▼ 1.8% |
| Recurring financial charges65 | €275 | €318 | €229 | €197 | €193 | ▼ 1.8% |
| Profit (loss) for the period before taxes9903 | €-8k | €5k | €23k | €-4k | €32k | ▲ 895% |
| Income taxes67/77 | - | - | €666 | - | €8k | - |
| Profit (loss) for the period9904 | €-8k | €5k | €23k | €-4k | €25k | ▲ 709% |
| Profit (loss) for the period to be appropriated9905 | €-8k | €5k | €23k | €-4k | €25k | ▲ 709% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €98k | €104k | €128k | €120k | €150k | ▲ 25.1% |
| Fixed assets21/28 | €270 | €270 | €12k | €12k | €8k | ▼ 33.7% |
| Tangible fixed assets22/27 | - | - | €11k | €12k | €8k | ▼ 34.5% |
| Plant, machinery and equipment23 | - | - | €11k | €12k | €8k | ▼ 34.5% |
| Financial fixed assets28 | €270 | €270 | €270 | €270 | €270 | = |
| Current assets29/58 | €97k | €104k | €116k | €108k | €142k | ▲ 31.6% |
| Stocks and contracts in progress3 | - | - | - | €24k | €12k | ▼ 48.7% |
| Stocks30/36 | - | - | - | €24k | €12k | ▼ 48.7% |
| Amounts receivable within one year40/41 | €6k | €4k | €2k | €13k | €79 | ▼ 99.4% |
| Trade receivables40 | - | - | - | €8k | - | - |
| Other amounts receivable41 | €6k | €4k | €2k | €5k | €79 | ▼ 98.5% |
| Cash at bank and in hand54/58 | €91k | €100k | €115k | €71k | €130k | ▲ 83.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €98k | €104k | €128k | €120k | €150k | ▲ 25.1% |
| Equity10/15 | €94k | €99k | €122k | €118k | €143k | ▲ 20.8% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Outside capital11 | €19k | €19k | €19k | €19k | €19k | = |
| Other1109/19 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €37k | €37k | €37k | €37k | €37k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | €35k | €35k | €35k | €35k | €35k | = |
| Profit (loss) carried forward14 | €38k | €44k | €66k | €62k | €87k | ▲ 39.3% |
| Amounts payable17/49 | €4k | €5k | €6k | €2k | €8k | ▲ 276% |
| Amounts payable within one year42/48 | €4k | €3k | €6k | €2k | €8k | ▲ 276% |
| Trade debts44 | €3k | €3k | €5k | €1k | €77 | ▼ 94.3% |
| Suppliers440/4 | €3k | €3k | €5k | €1k | €77 | ▼ 94.3% |
| Taxes, remuneration and social security45 | €228 | €665 | €666 | €666 | €8k | ▲ 1,028% |
| Taxes450/3 | - | - | €666 | €666 | €8k | ▲ 1,028% |
| Remuneration and social security454/9 | €228 | €665 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | €1k | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-8k | €5k | €23k | €-4k | €25k | ▲ 709% |
| + Depreciation and write-downs630 | - | - | €1k | €3k | €4k | ▲ 22.1% |
| Operating cash flow (approximation) | €-8k | €5k | €24k | €-732 | €29k | ▲ 4,008% |
| Investment in fixed assets (approximation) | - | €0 | €-12k | €-4k | €0 | ▲ 100% |
| Change in cash | - | €9k | €14k | €-44k | €59k | ▲ 235% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 53.67
Current ratio from 21.02 to 53.67; short-term debt falls from €6k to €2k.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €122k ▲22.8%
2 profitable years in a row build equity to €122k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 11 days late
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 6current ratio 75.50
Current ratio from 12.67 to 75.50; short-term debt falls from €10k to €1k.
Show earlier events
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Assesse · 1 establishment unit since 2000
Ground area
5,658 m²
Building footprint
613 m²
Parcel 92006B0220/00G004, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Henri Debehogne 28, 5330 Assesse
since 20002.094.097.564
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92006B0220/00G004 | Wallonia | 5,658 m² | 1 · 613 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 8,462 companies in sector 43120 we hold annual accounts for 3,231. 2,653 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-10-2000
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
42220Construction of utility projects for electricity and telecommunications
81300Landscape service activities
Scores and ratios are computed by Checked and are not a credit decision.