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TERCERA

Active
Private limited companyfounded 2016active for 10 yearsBergstraat 135, 2220 Heist-op-den-Berg, BelgiumKBO/BCE: BE 0662.702.614

From the official registers: KBO 9 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of TERCERA is 2.8% (moderate). The annual accounts of TERCERA for financial year 2025 show a net loss of 63% of total assets and of 79% of the equity at the start of that year. The 2025 annual accounts show equity of €17,219 and a net result of -€64,447. Equity has been shrinking by about 13% per year since 2018. Its solvency ranks better than 39% of 16,961 sector peers (NACE 56, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 19-09-2016 Normal situation
Legal form
Private limited company
Registered office
Bergstraat 135, 2220 Heist-op-den-Berg
Activity
Full-service restaurants NACE 56111and 1 other
Establishment unit
2.257.354.997 2220 Heist-op-den-Berg, since 01-10-2016
Financial year end
31 December
Peppol
Reachable since 29-07-2024

Board and ownership

Board

Financial position

50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.8%
Annual accounts 2025
Gross margin
€158,322
▼ 28.8%
Turnover
≈ €460,000
estimated
Loss
€64,447
Equity
€17,219
▼ 78.9%
Total assets
€101,876
▼ 38.6%
Staff
17 FTE
▼ 8.6%
2025 accounts filed 29 days before the deadline
Filed on 02-07-2026at the National Bank
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Loss of €64,447 (financial year 2025)Equity €17,219 (16.9% of total assets)lowers riskSize: total assets €101,876Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 20% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency 42-32
equity 16.9% of total assets
Liquidity 28-27
short-term debt 59.5% · cash 7.0%
Profitability 0-72
return on assets -63.3%
Bankruptcy probability within 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,780 companies, NACE 56, micro)
Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 0.9%▼ -0.1 percentage points vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 1.0%▲ +0.1 percentage points vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▼ -0.4 percentage points vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.6%▼ -0.1 percentage points vs 02-2026lowest value 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 2.8%▲ +2.0 percentage points vs 07-2026highest value 09-2026: 2.8%● unchanged vs 08-2026highest value 10-2026: 2.8%● unchanged vs 09-2026highest value
Credit of up to €500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.4 (1.07 in 2024), below 1. Short-term debt is 59.5% and cash 7% of total assets. 83.1% 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 56, micro). It does better than 39% of them on solvency, 23% on liquidity, 8% on profitability and 10% on growth.

The bankruptcy probability was computed on 31-10-2026 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).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Loss of €64,447 (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €101,876
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 · Equity €17,219 (16.9% of total assets)
NBB · annual accounts
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 02-07-2026, 29 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
29 days early
2024
24 days early
2023
12 days early
2022
26 days early
2021
33 days early
2020
22 days early
2019
32 days early
← 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 25 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% 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 5 July (5 of the last 5 filed years within 30 days of that day).
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: From profit to loss in 2025after a profit of €4,900 in 2024 -€64,447 View
  • Caution: Lower net result than 95% of companies in food and beverage servicesector median €4,876 · 16,939 companies -€64,447 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Documents

Annual accounts at the NBB

All 9 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about TERCERA

What is the company number of TERCERA?
The company number of TERCERA is 0662.702.614. The VAT number is the same number with BE in front: BE 0662.702.614.
Where is TERCERA based?
The registered office is at Bergstraat 135, 2220 Heist-op-den-Berg.Company details
What does TERCERA do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of TERCERA?
The legal form of TERCERA is Private limited company (BV).
When was TERCERA founded?
TERCERA was founded on 19-09-2016.
Is TERCERA still active?
Yes, TERCERA is an active enterprise in the KBO register.
How many employees does TERCERA have?
TERCERA had an average of 17 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of TERCERA?
The turnover in financial year 2025 is ≈ €460,000. This figure is estimated from the gross margin of €158,322 and 86 comparable companies (NACE 56111). It probably lies between €380,000 and €560,000.
Is TERCERA profitable?
In financial year 2025, TERCERA made a loss of €64,447.
Where can I find the annual accounts of TERCERA?
TERCERA filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of TERCERA due?
TERCERA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as TERCERA: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €95,600 and €117,000, founded between 2015 and 2017.

CompanyTotal assetsGross margin
TERCERA Heist-op-den-Berg€101,876€158,322
AKI Heist-op-den-Berg€95,630€139,901
Brochetto Heist-op-den-Berg€117,068€150,716
fanfan Swatow Antwerpen€103,362€162,797
MT-Wines & Events Beerse€95,963€173,621
H.C.A. Ad Rem Kasterlee€99,719€135,482
STEACO 15 Antwerpen€102,176€191,853
Full comparison

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