Tergro
ActiveTergro has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €231k and a net result of €45k. Equity is growing by ~22.3% per year across the filed fiscal years. Its solvency ranks better than 39% of 7740 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▲+7
Solvency62▲+10
Growth52=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity short (current ratio 0.97 against 0.86 in 2024; short-term debt: 31.3% and cash: 27.1% of total assets), and 63.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.8%
Return on assets
7.2%
Age of the figures
9 mo
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 10-07-2026, 21 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
21 d early
2024
1 d early
2023
99 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€231k▲ 24.2%
2024 · €186k
2023: €148k
2024: €186k
2023 → 2025
Total assets
€626k▼ 7.6%
2024 · €677k
2023: €675k
2024: €677k
2023 → 2025
Net result
€45k▲ 17.8%
2024 · €38k
2023: €73k
2024: €38k
2023 → 2025
Working capital
€-6k▲ 82.6%
2024 · €-34k
2023: €4k
2024: €-34k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€148k-€186k▲ 25.8%€231k▲ 24.2%
Operating result€104k-€58k▼ 44.1%€83k▲ 41.6%
Net result€73k-€38k▼ 47.6%€45k▲ 17.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 42% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €626k
Fixed assets
€436k▼ 5.5%
Current assets
€190k▼ 11.9%
Equity and liabilities €626k
Equity
€231k▲ 24.2%
Debt
€395k▼ 19.6%
The debt ratio falls from 72.6% to 63.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€83k
Cash flow
€45k
Solvency
36.8%▲
2024 · 27.4%
Current ratio
0.97▲
2024 · 0.86
Quick ratio
0.97▲
2024 · 0.86
Debt / equity
1.71▼
2024 · 2.65
ROE
19.5%▼
2024 · 20.5%
ROA
7.2%▲
2024 · 5.6%
Interest coverage
3.76
Debt
€395k▼
2024 · €492k
Debt ≤ 1 year
€196k▼
2024 · €250k
Debt > 1 year
€189k▼
2024 · €230k
Income taxes
€18k▲
2024 · €11k
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€677k€626k▼
Fixed assets21/28€461k€436k▼
Tangible fixed assets22/27-€14k
Furniture and vehicles24-€9k
Other tangible fixed assets26-€5k
Financial fixed assets28€461k€421k▼
Current assets29/58€216k€190k▼
Amounts receivable within one year40/41€19k€20k▲
Trade receivables40€19k€0▼
Other amounts receivable41€0€20k▲
Current investments50/53€100k€0▼
Cash at bank and in hand54/58€97k€170k▲
Deferred charges and accrued income490/1€407€511▲
Equity and liabilities
Total equity and liabilities10/49€677k€626k▼
Equity10/15€186k€231k▲
Contributions10/11€75k€75k=
Reserves13€111k€156k▲
Distributable reserves133€111k€156k▲
Amounts payable17/49€492k€395k▼
Amounts payable after more than one year17€230k€189k▼
Financial debts170/4€230k€189k▼
Amounts payable within one year42/48€250k€196k▼
Current portion of amounts payable after more than one year42€42k€44k▲
Financial debts43€947€3k▲
Credit institutions430/8€947€3k▲
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€21k€12k▼
Taxes450/3€15k€10k▼
Remuneration and social security454/9€6k€2k▼
Other amounts payable47/48€184k€135k▼
Accrued charges and deferred income492/3€12k€10k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€436
Other operating charges640/8€910€1k▲
Gross operating margin9900€59k€84k▲
Operating profit (loss)9901€58k€83k▲
Financial income75/76B€14k€2k▼
Recurring financial income75€14k€2k▼
Financial charges65/66B€23k€22k▼
Recurring financial charges65€23k€22k▼
Profit (loss) for the period before taxes9903€49k€63k▲
Income taxes67/77€11k€18k▲
Profit (loss) for the period9904€38k€45k▲
Profit (loss) for the period to be appropriated9905€38k€45k▲
Appropriation of the result
Profit (loss) to be appropriated9906€38k€45k▲
Transfer to equity691/2€38k€45k▲
To other reserves6921€38k€45k▲
The notes to these accounts (11 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
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €200kEq €231k ▲24.2%
3 profitable years in a row build equity to €231k.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €38k ▼47.6%
Net result drops to €38k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €186k ▲25.8%
2 profitable years in a row build equity to €186k.
23-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ledegem · 1 establishment unit since 2022
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.
Veldstraat 58880 LedegemGround area
1,654 m²
Building footprint
134 m²
Volume, LiDAR
26 m³
Parcel 36010A0154/00H000, Flanders · tallest building 3.9 m. Linked by address, not a title deed.
1 establishment unit
Tergro
since 20222.337.536.880
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36010A0154/00H000 | Flanders | 1,654 m² | 1 · 134 m² | 3.9 m |
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.
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Of 11,225 companies in sector 82100 we hold annual accounts for 3,511. 2,391 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-10-2022
Fiscal year end31-12
Activities, NACEBEL
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.