Skip to content

TERBASSENWEI

Active
Public limited companyfounded 1969active for 57 yearsBrouwerijstraat 14, 8680 Koekelare, BelgiumKBO/BCE: BE 0406.109.306
Summary

TERBASSENWEI has been active since 1969 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67.2m and a net result of €1.7m. Equity has been growing by about 3% per year since 2018. Its solvency ranks better than 73% of 5,789 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 17-01-1969 Normal situation
Registered office
20 active companies are registered at this address Source: KBO register, as of 1 November 2026.
Activity
Renting and operating of own or leased residential real estate, excluding social housing NACE 68201and 1 other
Establishment unit
2.004.516.084 8680 Koekelare, since 20-02-2002
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
and 1 other
Shareholders
  • POLLET GROUP· score 932025 annual accounts of POLLET GROUP
Holdings
Shares in 8 companies including NEAS and TBW Czech

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€3.0m
▼ 70.3%
Turnover
≈ €3.0m
estimated
Profit
€1.7m
▼ 76.7%
Equity
€67.2m
▼ 6.0%
Total assets
€98.6m
▼ 2.7%
Net result -77%: other schema
Filed on 17-07-2026, 14 days before the deadline
Score breakdownraises riskLiquidity: current ratio 8.24, cash €463,1511 of the last 3 accounts latelowers riskSize: total assets €98.6mFounded in 1969Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 58% of large companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency 93-3
equity 68.1% of total assets
Liquidity 51=
short-term debt 5.9% · cash 0.5%
Profitability 60-18
return on assets 1.7%
Bankruptcy probability within 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).

Sector median 0.2% (318 companies, NACE 68, large)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €6,350,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.24 (9.87 in 2024), above the usual 1.5. Short-term debt is 5.9% and cash 0.5% of total assets. 31.9% of the assets are financed with debt and provisions.
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, large). It does better than 79% of them on solvency, 57% on liquidity, 70% on profitability and 26% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €98.6m
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 · Liquidity: current ratio 8.24, cash €463,151
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1969
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 days early
2024
3 days early
2023
35 days late
2022
3 days early
2021
6 days early
2020
5 days early
2019
15 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 3 days after 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 28 July (4 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
01-11-2026 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

  • Caution: Result fell in 2025different schema filed ▼ 76.7% View
  • Positive: Oldest company in Koekelarein the Checked rankings No. 1 View
  • Board changedlatest change 20-10-2026 · 4 in office 2 joined · 1 left View
  • Positive: 8 profitable years in a rowprofit 2025: €1.7m 8 years View

Recent changes

  1. · Gazette deed Resignations: Pollet Medical Group NV (director) and Smardix BV (director)Permanent representatives: Sofie Pollet and Dimitri Taillieu · Appointments: Sofie Pollet (director) and Dimitri Taillieu (director)
  2. · Gazette deed Appointment: Boes & Verrue bedrijfsrevisoren bv (statutory auditor)
  3. · Gazette deed Resignations & appointmentsResignation: POLLET WATER GROUP (director) · Permanent representatives: POLLET Jacques Noel, TAILLIEU Dimitri and POLLET Sofie · Appointment: POLLET Jacques Noel (director)
All 17 events

Companies linked to TERBASSENWEI

Subsidiaries and holdings

Comparable companies

These companies have the same main activity as TERBASSENWEI: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €29m and €114m, founded between 1981 and 2000.

CompanyTotal assetsGross margin
TERBASSENWEI Koekelare€98.6m€3.0m
PATRIDEC Sint-Martens-Latem€103.3m€4.8m
MIMMO Waregem€92.7m€2.8m
KRABBENDIJKE Antwerpen€67.8m€3.1m
GLOBAL RENTAL PROPERTIES Oostkamp€114.1m€8.4m
LA RESERVE INVEST Knokke-Heist€41.0m€2.3m
Darimmo Aalst€29.4m€2.1m
Full comparison

Key facts about TERBASSENWEI

What is the company number of TERBASSENWEI?
The company number of TERBASSENWEI is 0406.109.306. The VAT number is the same number with BE in front: BE 0406.109.306.
Where is TERBASSENWEI based?
The registered office is at Brouwerijstraat 14, 8680 Koekelare.Company details
What does TERBASSENWEI do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of TERBASSENWEI?
The legal form of TERBASSENWEI is Public limited company (NV).
When was TERBASSENWEI founded?
TERBASSENWEI was founded on 17-01-1969.
Is TERBASSENWEI still active?
Yes, TERBASSENWEI is an active enterprise in the KBO register.
What is the turnover of TERBASSENWEI?
The turnover in financial year 2025 is ≈ €3.0m. This figure is estimated from the gross margin of €3.0m and 31 comparable companies (NACE 68201). It probably lies between €2.8m and €3.4m.Financials
Is TERBASSENWEI profitable?
In financial year 2025, TERBASSENWEI made a profit of €1.7m.
Where can I find the annual accounts of TERBASSENWEI?
TERBASSENWEI filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TERBASSENWEI due?
TERBASSENWEI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.