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TerBand

Active
Private limited companyfounded 2020active for 5 yearsCorbeillestraat 40, 2235 Hulshout, BelgiumKBO/BCE: BE 0758.896.326
Summary

TerBand has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€37,594) and a net result of -€9,409. Equity has been shrinking by about 71% per year since 2021. Its solvency ranks better than 14% of 11,268 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

Source: KBO
Status
Active since 30-11-2020 Normal situation
Registered office
52 active companies are registered at this address 3 started in the 12 months before. Source: KBO register, as of 5 November 2026.
Activity
Renting and operating of own or leased non-residential real estate, excluding land NACE 68203
Establishment unit
2.316.766.509 2235 Hulshout, since 01-12-2020
Financial year end
31 December
Peppol
Reachable since 06-01-2026

Board and ownership

Board
  • HEYLEN ChristianeDirector
  • VAN LOO JohanDirector
Shareholders
  • VLINVESTA· score 682025 annual accounts of VLINVESTA

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Gross margin
€55,743
▲ 8.0%
Turnover
≈ €72,000
estimated
Loss
€9,409
▼ 26.5%
Equity
-€37,594
▼ 33.4%
Total assets
€1.1m
▼ 2.8%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 5 days after the deadline
Score breakdownraises riskCapped at 59: negative equityLiquidity: current ratio 0.01, cash €2,633Negative equity -€37,594lowers riskSize: total assets €1.1mSector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 22% of micro companies in real estate (NACE 68)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 22=
equity -3.5% of total assets
Liquidity 33-2
short-term debt 37.2% · cash 0.2%
Profitability 34+1
return on assets -0.9%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 12-2024: 0.8% 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.8%● unchanged vs 06-2025 08-2025: 1.2%▲ +0.4 percentage points vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 1.2%● unchanged vs 06-2026 08-2026: 1.7%▲ +0.5 percentage points vs 07-2026highest value 09-2026: 0.7%▼ -1.0 percentage point vs 08-2026lowest value 10-2026: 0.7%● unchanged vs 09-2026 11-2026: 0.7%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.01 (0.0 in 2024), below 1. Short-term debt is 37.2% and cash 0.2% of total assets. Equity is negative.
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 68, micro). It does better than 17% of them on solvency, 26% on liquidity, 30% on profitability and 16% on growth.

The bankruptcy probability was computed on 04-11-2026 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 low class on 30-06-2025, 0.8% 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).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.01, cash €2,633
NBB · annual accounts
lowers risk · Size: total assets €1.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€37,594
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2122232425
2021 to 2025 · latest year -€37,594
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filings
Deviation from the deadline
2025
5 days late
2024
21 days early
2023
12 days early
2022
31 days early
2021
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 18 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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. The company usually files around 10 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€37,594 View
  • Risk: 5 loss-making years in a rowloss in financial year 2025 -€9,409 View
  • Caution: Less equity than 87% of companies in real estatesector median €301,216 · 11,273 companies -€37,594 View

Recent changes

  1. · Gazette deed Resignation: Geert Van Hemelryck - Bedrijfsrevisor (statutory auditor)Appointment: Finvision Bedrijfsrevisoren (statutory auditor) · enige aandeelhouder holds all the shares
  2. · Gazette deed Appointment: FINVISION BEDRIJFSREVISOREN WAASLAND BV (statutory auditor)
  3. · Gazette deed Incorporation
All 9 events

Comparable companies

These companies have the same main activity as TerBand: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €574,000 and €1.1m, founded between 2020 and 2021.

CompanyTotal assetsGross margin
TerBand Hulshout€1.1m€0.06m
WHITESTONE PROPERTIES Lasne€0.9m€0.05m
Jeta Construct Kasterlee€0.8m€0.05m
Burgio Invest Vilvoorde€1.1m€0.08m
CCL IMMO Sambreville€1.0m€0.09m
IMuerte Genk€1.1m€0.09m
MKJ CONSTRUCT Malle€0.6m€0.05m
Full comparison

Key facts about TerBand

What is the company number of TerBand?
The company number of TerBand is 0758.896.326. The VAT number is the same number with BE in front: BE 0758.896.326.
Where is TerBand based?
The registered office is at Corbeillestraat 40, 2235 Hulshout.Company details
What does TerBand do?
According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of TerBand?
TerBand is a private limited company (BV).
When was TerBand founded?
TerBand was founded on 30-11-2020.
Is TerBand still active?
Yes, TerBand is an active enterprise in the KBO register.
What is the turnover of TerBand?
The turnover in financial year 2025 is ≈ €72,000. This figure is estimated from the gross margin of €55,743 and 45 comparable companies (NACE 682). It probably lies between €62,000 and €92,000.Financials
Is TerBand profitable?
In financial year 2025, TerBand made a loss of €9,409.
Where can I find the annual accounts of TerBand?
TerBand filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TerBand due?
TerBand must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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