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Tereco

Active
Private limited companyfounded 201114 yrs activeAmsterdamstraat 44, 2321 Hoogstraten, BelgiumKBO/BCE: BE 0841.954.456
Summary

The computed 12-month bankruptcy probability of Tereco is 1.9% (moderate). The 2025 annual accounts show negative equity (-€80,514) and a net result of -€93,814. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 1212 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
TerecoActiveChecked score 51/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of fabricated metal products, except machinery and equipment
NACE 25120
1 site
Size
€243,571total assets 2025
Equity
-€80,514
Loss
-€93,814
Turnover not published (abridged schema)
Financial health
51 Fair Checked score 2025
Bankruptcy chance 12 m
1.9%
Structure
Accounts filed 10 d late0 of 2 deeds read
Why 51- Loss of €93,814 (FY 2025)- Negative equity -€80,514- Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)+ Size: total assets €243,571Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 3% of its sector peers (NACE 25, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 0-33
equity -33.1% of total assets
Liquidity 5-11
short-term debt 132.9% · cash 4.4%
Profitability 0-49
return on assets -38.5%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,675 companies)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● 0.0% vs 11-2024 01-2025: 0.5%▼ -1.1% vs 12-2024 02-2025: 0.5%● 0.0% vs 01-2025 03-2025: 0.5%● 0.0% vs 02-2025 04-2025: 0.6%▲ +4.1% vs 03-2025 05-2025: 0.5%▼ -2.9% vs 04-2025 06-2025: 0.5%▼ -3.3% vs 05-2025lowest value 07-2025: 0.7%▲ +31.5% vs 06-2025 08-2025: 1.1%▲ +53.9% vs 07-2025 09-2025: 0.5%▼ -50.4% vs 08-2025 10-2025: 0.5%● 0.0% vs 09-2025 11-2025: 0.5%● 0.0% vs 10-2025 12-2025: 0.5%▲ +1.1% vs 11-2025 01-2026: 0.5%▼ -1.1% vs 12-2025 02-2026: 0.5%● 0.0% vs 01-2026 03-2026: 0.5%● 0.0% vs 02-2026 04-2026: 0.6%▲ +8.0% vs 03-2026 05-2026: 0.6%▼ -1.8% vs 04-2026 06-2026: 0.5%▼ -3.2% vs 05-2026 07-2026: 0.6%▲ +7.3% vs 06-2026 08-2026: 1.1%▲ +91.7% vs 07-2026 09-2026: 1.9%▲ +68.6% vs 08-2026highest value 10-2026: 1.9%● 0.0% vs 09-2026highest value
  • Size: total assets €243,571 lowers the probability for this profile
  • Loss of €93,814 (FY 2025) raises the probability
  • Negative equity -€80,514 raises the probability
  • Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25) raises the probability
No credit on open account
Liquidity short (current ratio 0.75 against 1.21 in 2024; short-term debt: 132.9% and cash: 4.4% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 25, micro). Better than this share of them on solvency 3%, liquidity 4%, profitability 4%, growth against the median 0%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €243,571
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Loss of €93,814 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity -€80,514
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€80,514
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
10 d late
2024
21 d late
2023
27 d late
2022
31 d early
2021
45 d early
2020
31 d early
2019
20 d late
← 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 4 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 10 August (4 of the last 5 filed years within 41 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Weakest financial yearnet -€93,814
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€80,514 View
  • Caution: From profit to loss in 2025after €7,208 in 2024 -€93,814 View
  • Caution: Among the weakest 5% on solvencysector median 46.8% · 1,212 companies -33.1% View

By topic

Financials

Fiscal year
2025
Total assets
€243,571
Loss
-€93,814
Solvency
-33.1%
Total assets▲ 51.5%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 10-08-2026Annual accounts filed
  2. 31-12-2025Weakest financial year
  3. 21-08-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of fabricated metal products, except machinery and…NACE 25120
Founded
19-12-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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