TERCOMAT
ActiveTERCOMAT has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €232k and a net result of €-27k. Equity is growing by ~21.7% per year across the filed fiscal years. Its solvency ranks better than 57% of 27676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▼-12
Solvency79▲+1
Growth62=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 1.58 against 1.52 in 2024; short-term debt: 27.2% and cash: 19.8% of total assets), and 46.3% of the assets are financed with debt.
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
53.7%
Return on assets
-6.2%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
on the day
2023
23 d early
2021
22 d early
2020
54 d early
2019
24 d late
2018
54 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€268k▲ 90.9%
2019 · €140k
2018: €203k
2019: €140k
2018 → 2020
EBIT margin
16.1%▲ 21.6pp
2019 · -5.5%
2018: 15.2%
2019: -5.5%
2018 → 2020
Net result
€-27k
2024 · €18k
2018: €28k
2019: €-13k
2020: €35k
2021: €42k
2023: €120k
2024: €18k
2018 → 2025
Working capital
€68k▲ 5.9%
2024 · €64k
2018: €76k
2019: €17k
2020: €43k
2021: €55k
2023: €75k
2024: €64k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Turnover€268k-
Equity€99k-€136k▲ 37.8%€249k▲ 82.6%€259k▲ 3.9%€232k▼ 10.4%
Operating result€43k-€56k▲ 29.2%€149k▲ 168%€28k▼ 81.6%€-27k
Net result€35k-€42k▲ 20.9%€120k▲ 183%€18k▼ 85.3%€-27k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €27k after €28k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €432k
Fixed assets
€247k▼ 17.8%
Current assets
€185k▼ 1.3%
Equity and liabilities €432k
Equity
€232k▼ 10.4%
Provisions
€5k▼ 17.3%
Debt
€195k▼ 12.5%
The debt ratio falls from 45.7% to 45.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€31k▼
2024 · €81k
Cash flow
€31k▼
2024 · €71k
Solvency
53.7%▲
2024 · 53.0%
Current ratio
1.58▲
2024 · 1.52
Quick ratio
1.22▼
2024 · 1.23
Debt / equity
0.84▼
2024 · 0.86
ROE
-11.6%▼
2024 · 6.8%
ROA
-6.2%▼
2024 · 3.6%
Interest coverage
15.63▼
2024 · 32.22
Debt
€195k▼
2024 · €223k
Debt ≤ 1 year
€117k▼
2024 · €124k
Debt > 1 year
€78k▼
2024 · €99k
Income taxes
€141▼
2024 · €8k
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€488k€432k▼
Fixed assets21/28€301k€247k▼
Tangible fixed assets22/27€301k€247k▼
Land and buildings22€95k€84k▼
Plant, machinery and equipment23€118k€87k▼
Furniture and vehicles24€27k€24k▼
Leasing and similar rights25€60k€52k▼
Financial fixed assets28€130€130=
Current assets29/58€187k€185k▼
Stocks and contracts in progress3€35k€41k▲
Stocks30/36€35k€41k▲
Amounts receivable within one year40/41€23k€49k▲
Trade receivables40€21k€46k▲
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€122k€85k▼
Deferred charges and accrued income490/1€8k€10k▲
Equity and liabilities
Total equity and liabilities10/49€488k€432k▼
Equity10/15€259k€232k▼
Contributions10/11€20k€20k=
Reserves13€227k€223k▼
Tax-exempt reserves132€25k€21k▼
Distributable reserves133€202k€202k=
Profit (loss) carried forward14€11k€-12k▼
Provisions and deferred taxes16€6k€5k▼
Deferred taxes168€6k€5k▼
Amounts payable17/49€223k€195k▼
Amounts payable after more than one year17€99k€78k▼
Financial debts170/4€99k€78k▼
Amounts payable within one year42/48€124k€117k▼
Current portion of amounts payable after more than one year42€24k€23k▼
Trade debts44€10k€10k▲
Suppliers440/4€10k€10k▲
Taxes, remuneration and social security45€7k€142▼
Taxes450/3€7k€142▼
Other amounts payable47/48€82k€84k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€58k▲
Other operating charges640/8€2k€836▼
Gross operating margin9900€83k€32k▼
Operating profit (loss)9901€28k€-27k▼
Financial income75/76B€8€875▲
Recurring financial income75€8€875▲
Non-recurring financial income76B-€875
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Non-recurring financial charges66B€401-
Profit (loss) for the period before taxes9903€25k€-28k▼
Transfer from deferred taxes780€1k€1k▲
Income taxes67/77€8k€141▼
Profit (loss) for the period9904€18k€-27k▼
Transfer from tax-exempt reserves789€4k€4k▲
Profit (loss) for the period to be appropriated9905€22k€-23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€-12k▼
Profit (loss) brought forward from the previous period14P€9k€11k▲
Transfer to equity691/2€12k-
To other reserves6921€12k-
Profit to be distributed694/7€8k-
Directors or managers695€8k-
The notes to these accounts (7 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €-27k ▼252%
Net result drops to €-27k, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2018net €120k ▲183%
Operating result €149k, net result €120k, both a record.
30-06
Financial
Equity above €200kEq €249k ▲82.6%
3 profitable years in a row build equity to €249k.
2022
09-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €136k ▲37.8%
2 profitable years in a row build equity to €136k.
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
18-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Hamois · 1 establishment unit since 2014
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.
Rue de Francesse, Natoye 175360 HamoisGround area
1,234 m²
Building footprint
171 m²
Parcel 91099B0041/00S000, Wallonia. Linked by address, not a title deed.
1 establishment unit
TERCOMAT
since 20142.234.205.057
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91099B0041/00S000 | Wallonia | 1,234 m² | 1 · 171 m² | - |
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.
Recognitions · licences · registrations
Recognised contractor
6 categoriesTERCOMAT SRL35620
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VERWILST AANNEMINGEN
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Of 1,365 companies in sector 43110 we hold annual accounts for 632. 487 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-08-2014
Fiscal year end30-06
Activities, NACEBEL
43110Demolition
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:tercomat@hotmail.com
Phone:0475/71.89.01