Financials
- Financial year
- 2026
- Total assets
- €7.4m
- Profit
- €961,231
- Solvency
- 88.9%
Turnover▲ 42.5%
Net result
20202023
Summary
TERCOFIN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2026 annual accounts show equity of €6.6m and a net result of €961,231. Equity is growing by about 7.3% per year across the filed financial years. Its solvency ranks better than 72% of 83 sector peers (NACE 64, financial year 2026). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Activities of holding companies
NACE 64210
1 site
Size
€7.4mtotal assets 2026
- Equity
- €6.6m
- Profit
- €961,231
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
- Parent
- NOVANDI · 83.75%
- Holdings
- 5
- Novandi SRLDirector · permanent representative Philippe Portier
- Vincent BrassinneDirector
2026 accounts 129 days early1 of 11 deeds summarised
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
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Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 24-09-2026, 129 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2026
129 days early
2025
99 days early
2024
141 days early
2023
148 days early
2022
117 days early
2021
83 days early
2020
86 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 115 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-06-2027 and is due by 31-01-2028. Nothing is late today. The company usually files around 24 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
29-10-2026 today30-06-2027 year end31-01-2028 deadline
- Annual accounts filedfinancial year 2026 · full…
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
Key points
By topic
Board & ownership
- Board
- 2 members
- Parent
- NOVANDI · 83.75%
- Novandi SRLDirector
- Vincent BrassinneDirector
Network & group
- Subsidiaries
- 3
- Direct holdings
- 5
5 holdings
Timeline
- Events
- 14
- Since
- 2018
- Next accounts
- by 31-01-2028
- 30-06-2024Liquidity more than doubled
- 05-09-2023Annual accounts filed
- 10-11-2022Reappointments: Johan Gemels, Nicolas Limbioul and 2…
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Activities of holding companiesNACE 64210
- Founded
- 21-10-2016
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
Key facts about TERCOFIN
- What is the company number of TERCOFIN?
- 0664.878.481. In Belgium the VAT number is the company number with BE in front: BE 0664.878.481.
- Where is TERCOFIN based?
- The registered office is at Rue de Renory 501, 4031 Liège.Company details
- What does TERCOFIN do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of TERCOFIN?
- Public limited company (NV).
- When was TERCOFIN founded?
- On 21-10-2016.
- Is TERCOFIN still active?
- Yes, TERCOFIN is an active enterprise in the KBO register.
- What is the turnover of TERCOFIN?
- €71,250 in financial year 2023, according to the filed annual accounts.Financials
- Is TERCOFIN profitable?
- In financial year 2026, TERCOFIN made a profit of €961,231.
- Where can I find the annual accounts of TERCOFIN?
- TERCOFIN filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of TERCOFIN due?
- By 31-01-2028, for financial year 2027.Timeline
Companies related to TERCOFIN
Parent and group
- NOVANDI83.75%
Shareholders
- REGINA B.10%
Subsidiaries and holdings
Comparable companies
- JANSSENS INVEST NVLier
- Club Med InvestAntwerpen
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- KALISANLierde
- VAN LOOCK HOLDINGHeist-op-den-Berg
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