TerBand
ActiveTerBand has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-38k) and a net result of €-9k. Equity is shrinking by ~70.5% per year across the filed fiscal years. Its solvency ranks better than 13% of 9167 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability34▲+1
Solvency22=
Growth58=
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.0 in 2024; short-term debt: 37.2% and cash: 0.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-3.5%
Return on assets
-0.9%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-38k
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: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
5 d late
2024
21 d early
2023
12 d early
2022
31 d early
2021
31 d early
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-38k▼ 33.4%
2024 · €-28k
2021: €4k
2022: €2k
2023: €-15k
2024: €-28k
2021 → 2025
Total assets
€1.08M▼ 2.8%
2024 · €1.11M
2021: €1.24M
2022: €1.20M
2023: €1.15M
2024: €1.11M
2021 → 2025
Net result
€-9k▲ 26.5%
2024 · €-13k
2021: €-14k
2022: €-2k
2023: €-17k
2024: €-13k
2021 → 2025
Working capital
€-400k▼ 7.0%
2024 · €-374k
2021: €-291k
2022: €-310k
2023: €-334k
2024: €-374k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4k-€2k▼ 48.8%€-15k€-28k▼ 83.1%€-38k▼ 33.4%
Operating result€-2k-€14k€6k▼ 58.3%€11k▲ 76.4%€15k▲ 36.5%
Net result€-14k-€-2k▲ 87.7%€-17k▼ 872%€-13k▲ 25.8%€-9k▲ 26.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 37% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.08M
Fixed assets
€1.08M▼ 3.0%
Current assets
€3k▲ 3,673%
Key figures and ratios
EBITDA
€48k▲
2024 · €44k
Cash flow
€24k▲
2024 · €20k
Solvency
-3.5%▼
2024 · -2.5%
Current ratio
0.01▲
2024 · 0.00
Quick ratio
0.01▲
2024 · 0.00
Debt / equity
-29.77▲
2024 · -40.46
ROA
-0.9%▲
2024 · -1.2%
Interest coverage
1.99▲
2024 · 1.87
Debt
€1.12M▼
2024 · €1.14M
Debt ≤ 1 year
€402k▲
2024 · €374k
Debt > 1 year
€717k▼
2024 · €767k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.11M€1.08M▼
Fixed assets21/28€1.11M€1.08M▼
Tangible fixed assets22/27€1.11M€1.08M▼
Land and buildings22€1.11M€1.08M▼
Current assets29/58€70€3k▲
Amounts receivable within one year40/41€0-
Trade receivables40€0-
Cash at bank and in hand54/58€70€3k▲
Equity and liabilities
Total equity and liabilities10/49€1.11M€1.08M▼
Equity10/15€-28k€-38k▼
Contributions10/11€18k€18k=
Profit (loss) carried forward14€-46k€-56k▼
Amounts payable17/49€1.14M€1.12M▼
Amounts payable after more than one year17€767k€717k▼
Financial debts170/4€767k€717k▼
Amounts payable within one year42/48€374k€402k▲
Current portion of amounts payable after more than one year42€50k€50k=
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Taxes, remuneration and social security45€1k€1k▼
Taxes450/3€1k€1k▼
Other amounts payable47/48€318k€348k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€33k=
Other operating charges640/8€8k€8k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€52k€56k▲
Operating profit (loss)9901€11k€15k▲
Financial charges65/66B€23k€24k▲
Recurring financial charges65€23k€24k▲
Profit (loss) for the period before taxes9903€-13k€-9k▲
Profit (loss) for the period9904€-13k€-9k▲
Profit (loss) for the period to be appropriated9905€-13k€-9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-46k€-56k▼
Profit (loss) brought forward from the previous period14P€-33k€-46k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 5 days late
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Hulshout · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Corbeillestraat 402235 HulshoutGround area
6,458 m²
Building footprint
5,649 m²
Volume, LiDAR
2,828 m³
Parcel 13050B0068/00F003, Flanders · tallest building 9.4 m. Linked by address, not a title deed.
1 establishment unit
TerBand
since 20202.316.766.509
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13050B0068/00F003 | Flanders | 6,458 m² | 1 · 5,649 m² | 9.4 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
WAREGEM INVEST
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LIFEFUTURE
BE 0758.452.797
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SEVANA
BE 0503.969.240
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Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 484 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-11-2020
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.