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TERKO

Active
Private limited companyfounded 2023active for 3 yearsRue de la Gare 12, 4850 Plombières, BelgiumKBO/BCE: BE 0804.886.697
Summary

TERKO has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,016 and a net result of €37,324. Its solvency ranks better than 10% of 9,802 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Site preparation
NACE 43120
1 site
Size
€28,327total assets 2025
Equity
€2,016
Profit
€37,324
Turnover not published (abbreviated or micro format)
Financial health
68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Why 68raises riskFounded in 2023Equity €2,016 (7.1% of total assets)Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.08, cash €25,254, halvedShow the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 60% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 32+14
equity 7.1% of total assets
Liquidity 50+30
short-term debt 92.9% · cash 89.2%
Profitability 100+41
return on assets 131.8%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,639 companies, NACE 43, micro)
Last 24 months 11-2024: 1.9% 12-2024: 2.3%▲ +0.4 percentage points vs 11-2024 01-2025: 2.4%▲ +0.1 percentage points vs 12-2024 02-2025: 2.7%▲ +0.3 percentage points vs 01-2025 03-2025: 3.0%▲ +0.3 percentage points vs 02-2025 04-2025: 3.0%● unchanged vs 03-2025 05-2025: 2.9%▼ -0.1 percentage points vs 04-2025 06-2025: 2.9%● unchanged vs 05-2025 07-2025: 3.1%▲ +0.2 percentage points vs 06-2025 08-2025: 3.3%▲ +0.2 percentage points vs 07-2025 09-2025: 3.3%● unchanged vs 08-2025highest value 10-2025: 1.3%▼ -2.0 percentage points vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.4%▲ +0.1 percentage points vs 03-2026 05-2026: 1.3%▼ -0.1 percentage points vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.0%▼ -0.3 percentage points vs 06-2026lowest value 08-2026: 1.0%● unchanged vs 07-2026lowest value 09-2026: 1.0%● unchanged vs 08-2026lowest value 10-2026: 1.0%● unchanged vs 09-2026lowest value
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 12% on solvency, 43% on liquidity, 92% on profitability and 92% on growth.

The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.08, cash €25,254, halved
NBB · annual accounts
raises risk · Equity €2,016 (7.1% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9802 sector peers (2025).
NBB · sector comparison
Position among 9802 sector peers
Solvency
better than 10%
← weakest strongest →
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 24-06-2026, 37 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
37 days early
2024
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 4 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% 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.
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €37,324
  3. Liquidity triplescurrent ratio 1.08

Financials · financial year 2025, abbreviated format

Equity
€2,016
2024 · -€35,308
Total assets
€28,327▼ 94.6%
2024 · €528,291
Net result
€37,324
2024 · -€41,308
Working capital
€2,016
2024 · -€307,146
Trend over the years

2024 to 2025, 2 financial years

The operating result returns to profit in 2025: €43,067 after a loss of €34,693 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€43,067 2025 Net result€37,324 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€34,693-€43,067
Net result-€41,308below the sector's middle half-€37,324within the sector's middle half
Equity-€35,308below the sector's middle half-€2,016below the sector's middle half
Total assets€528,291above the sector's middle half-€28,327below the sector's middle half▼ 94.6%
Debt€563,598-€26,310▼ 95.3%
Working capital-€307,146below the sector's middle half-€2,016below the sector's middle half
Solvency-6.7%below the sector's middle half-7.1%below the sector's middle half▲ 13.8pp
Current ratio0.35below the sector's middle half-1.08below the sector's middle half▲ 0.72
Return on assets (ROA)-7.8%below the sector's middle half-131.8%above the sector's middle half▲ 139.6pp
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
Equity and liabilities €28,327
Equity €2,016
Debt €26,310
Debt finances 92.9% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
Debt to equity
13.05
Debt ≤ 1 year
€26,310▼
2024 · €475,194
A ratio outside any meaningful range has been withheld (balance sheet total €28,327, equity €2,016).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,157 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 94.1% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
3.0% went bankrupt
2.8% stopped otherwise
94.1% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,157 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€528,291€28,327▼
Fixed assets21/28€360,243-
Tangible fixed assets22/27€360,243-
Plant, machinery and equipment23€26,197-
Furniture and vehicles24€179,753-
Leasing and similar rights25€154,293-
Current assets29/58€168,048€28,327▼
Stocks and contracts in progress3€33,382-
Stocks30/36€18,541-
Contracts in progress37€14,842-
Amounts receivable within one year40/41€49,214€3,072▼
Trade receivables40€39,298€2,354▼
Other amounts receivable41€9,917€718▼
Cash at bank and in hand54/58€84,961€25,254▼
Deferred charges and accrued income490/1€490-
Equity and liabilities
Total equity and liabilities10/49€528,291€28,327▼
Equity10/15-€35,308€2,016▲
Contributions10/11€6,000€6,000=
Contributions outside capital11€6,000€6,000=
Other1109/19€6,000€6,000=
Profit (loss) carried forward14-€41,308-€3,984▲
Amounts payable17/49€563,598€26,310▼
Amounts payable after more than one year17€88,405-
Financial debts170/4€88,405-
Amounts payable within one year42/48€475,194€26,310▼
Current portion of amounts payable after more than one year42€26,085-
Trade debts44€8,584€1,759▼
Suppliers440/4€8,584€1,759▼
Taxes, remuneration and social security45-€11,328
Taxes450/3-€11,328
Other amounts payable47/48€440,525€13,223▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€90,410-
Other operating charges640/8€44,941€75,597▲
Non-recurring operating charges66A-€9,534
Gross operating margin9900€100,658€128,198▲
Operating profit (loss)9901-€34,693€43,067▲
Financial income75/76B€82€31▼
Recurring financial income75€82€31▼
Financial charges65/66B€6,697€5,774▼
Recurring financial charges65€6,697€5,774▼
Profit (loss) for the period before taxes9903-€41,308€37,324▲
Profit (loss) for the period9904-€41,308€37,324▲
Profit (loss) for the period to be appropriated9905-€41,308€37,324▲
Appropriation of the result
Profit (loss) to be appropriated9906-€41,308-€3,984▲
Profit (loss) brought forward from the previous period14P--€41,308

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€90,410--
Other operating charges640/8€44,941€75,597▲ 68.2%
Non-recurring operating charges66A-€9,534-
Gross operating margin9900€100,658€128,198▲ 27.4%
Operating profit (loss)9901-€34,693€43,067-
Financial income75/76B€82€31▼ 62.1%
Recurring financial income75€82€31▼ 62.1%
Financial charges65/66B€6,697€5,774▼ 13.8%
Recurring financial charges65€6,697€5,774▼ 13.8%
Profit (loss) for the period before taxes9903-€41,308€37,324-
Profit (loss) for the period9904-€41,308€37,324-
Profit (loss) for the period to be appropriated9905-€41,308€37,324-
Line20242025Change
Assets
Total assets20/58€528,291€28,327▼ 94.6%
Fixed assets21/28€360,243--
Tangible fixed assets22/27€360,243--
Plant, machinery and equipment23€26,197--
Furniture and vehicles24€179,753--
Leasing and similar rights25€154,293--
Current assets29/58€168,048€28,327▼ 83.1%
Stocks and contracts in progress3€33,382--
Stocks30/36€18,541--
Contracts in progress37€14,842--
Amounts receivable within one year40/41€49,214€3,072▼ 93.8%
Trade receivables40€39,298€2,354▼ 94.0%
Other amounts receivable41€9,917€718▼ 92.8%
Cash at bank and in hand54/58€84,961€25,254▼ 70.3%
Deferred charges and accrued income490/1€490--
Equity and liabilities
Total equity and liabilities10/49€528,291€28,327▼ 94.6%
Equity10/15-€35,308€2,016-
Contributions10/11€6,000€6,000=
Contributions outside capital11€6,000€6,000=
Other1109/19€6,000€6,000=
Profit (loss) carried forward14-€41,308-€3,984▲ 90.4%
Amounts payable17/49€563,598€26,310▼ 95.3%
Amounts payable after more than one year17€88,405--
Financial debts170/4€88,405--
Amounts payable within one year42/48€475,194€26,310▼ 94.5%
Current portion of amounts payable after more than one year42€26,085--
Trade debts44€8,584€1,759▼ 79.5%
Suppliers440/4€8,584€1,759▼ 79.5%
Taxes, remuneration and social security45-€11,328-
Taxes450/3-€11,328-
Other amounts payable47/48€440,525€13,223▼ 97.0%
Line20242025Change
Profit (loss) for the period9904-€41,308€37,324-
+ Depreciation and write-downs630€90,410--
Operating cash flow (approximation)€49,102€37,324▼ 24.0%
Change in cash--€59,707-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 abbreviated format 24-06-2026 2026-00199835
31-12-2024 micro format 30-08-2025 2025-00462439

Similar companies · same sector, comparable size

Of the 8,336 active companies whose main activity is site preparation (NACE 43120), figures are known for 3,295. 486 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
under verification, no change since 2023
This board is reconstructed from a single act (23382256). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
KERIS,Bruno Nestor Pierre Ghislain
Director (not named in the articles) · since 22-08-2023
Current
LOUSBERG,Jean-BaptisteLaurent Philippe Joseph
Director (not named in the articles) · since 22-08-2023
Current
RADEMAKER,Anthony Reinhard Monique Ghislain
Director (not named in the articles) · since 22-08-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

3 people since 2023, 3 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
KERIS,Bruno Nestor Pierre Ghislain
  • Director (not named in the articles), from 22-08-2023 to date
LOUSBERG,Jean-BaptisteLaurent Philippe Joseph
  • Director (not named in the articles), from 22-08-2023 to date
RADEMAKER,Anthony Reinhard Monique Ghislain
  • Director (not named in the articles), from 22-08-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 22-08-2023 Incorporation · 120 shares

Group and network

Connections & network

3 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 18 August 2023, TERKO was incorporated as a private limited company by three natural persons.12 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 22-08-2023
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
24-06
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
31-12
Financial Back to profitnet €37,324
Net result €37,324 after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 1.08
Current ratio from 0.35 to 1.08; short-term debt falls from €475,194 to €26,310.
30-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 30 days late
2023
22-08
Gazette deed Incorporation
Appointments: KERIS,Bruno Nestor Pierre Ghislain, RADEMAKER,Anthony Reinhard Monique Ghislain and LOUSBERG,Jean-BaptisteLaurent Philippe Joseph · Founder · Founding capital14 facts ▸
  • Incorporation, 02-08-2023
  • Founder, KERIS,Bruno Nestor Pierre Ghislain
  • Founder, RADEMAKER,Anthony Reinhard Monique Ghislain
  • Founder, LOUSBERG,Jean-BaptisteLaurent Philippe Joseph
  • Founding capital
  • General meeting, “unanimité des comparants, dépôt au greffe d'une expédition de l'acte constitutif” (deed in French)
  • Registered office clause, “4850 MONTZEN,rue de la Gare,12” (deed in French)
  • Board rule, 3
  • Director appointment, KERIS,Bruno Nestor Pierre Ghislain (director (not named in the articles))
  • Director appointment, RADEMAKER,Anthony Reinhard Monique Ghislain (director (not named in the articles))
  • Director appointment, LOUSBERG,Jean-BaptisteLaurent Philippe Joseph (director (not named in the articles))
  • Other provision, “Frais de constitution”, 1164.29 (deed in French)
  • +2 further facts in this act
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded18-08-2023
Financial year end31-12
Activities, NACEBEL 2025
43120Site preparation
43240Other construction installation
81300Landscape service activities
82990Other business support services
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if you send it electronically, you need their agreement on a secure channel. The invoice remains valid; it is the customer, not you, who risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 25 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0804.886.697

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Plombières · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
2.0 ha
Building footprint
234 m²
Building volume
1,677 m³
Parcel 63053A0933/00B000, Wallonia · tallest building 8.6 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
TERKO
Rue de la Gare 12, 4850 PlombièresSite preparation
since 2023unit no. 2.351.981.269
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
63053A0933/00B000 Wallonia 2.0 ha 1 · 234 m² 8.6 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“À l’étude,la fabrication,la vente en gros et au détail,l’importation,l’exportation,l’installation,le montage,l’entretien,la réparation de…” (deed in French)
52 activities (deed in French)
  1. À l’étude,la fabrication,la vente en gros et au détail,l’importation,l’exportation,l’installation,le montage,l’entretien,la réparation de tout matériel relatif à l’énergie solaire(thermique,photovoltaïque),le chauffage sous toutes ses formes(électricité,gaz,mazout,pompe à chaleur…),la climatisation,la ventilation et la cogénération
  2. À l’étude,la fabrication,la vente en gros et au détail,l’importation,l’exportation,l’installation,le montage,l’entretien,la réparation de tout matériel relatif à l’exploitation de ces énergies
  3. Aux travaux d’installation électrique,les travaux d’isolation,la domotique et l’informatique domestique,la réalisation de programmes informatiques,la consultance et la formation concernant tout ce qui précède
  4. À la surveillance de travaux de construction(gros-œuvre,installation et finitions),l’entreprise de couvertures non métalliques de construction,l’entreprise de zinguerie et de couvertures métalliques de construction,le nettoyage de toitures,l’installation de sanitaire,plomberies et chauffages central
  5. À toutes les activités relatives aux travaux d’installation électrotechnique:installations électriques domestiques,industrielles et autres;installations de bornes de rechargement pour véhicules électriques;installations photovoltaïques et autres panneaux solaires;installations de pompe à chaleur,de système de chauffage,de climatisation,de ventilation,de système de conditionnement d’air;installations de chauffe-eau
  6. Aux autres travaux d’installation n.c.a.
  7. Au commerce de gros de fournitures pour plomberie et chauffage
  8. Aux activités d’ingénierie et de conseils techniques,sauf activités des géomètres
  9. La prestation de tous travaux publics ou privés relatifs aux terrassements,démolitions de bâtiments,réfections,constructions ou transformations de routes,ainsi que de tous transports pour compte propre.Tous travaux de terrassement:creusement,comblement,nivellement de chantiers de construction,ouverture de tranchées,dérochement,destruction à l'explosif,etc.
  10. Les travaux d’isolation,y compris l’isolation thermique et acoustique
  11. La conception de bâtiments et établissement de plans
  12. La conduite des opérations de gros entretien des bâtiments
  13. Le calcul du métré des ouvrages
  14. Aux activités de contrôle et analyses techniques:essais et analyses portant sur composition,caractéristiques physiques,performances,conformité à des textes réglementaires et à des normes ou à un cahier des charges de matériaux;essais ou analyses en laboratoire visant à la vérification du fonctionnement,du vieillissement ou de la sécurité des installations et matériels
  15. A l’entreprise générale de construction et de parachèvement,rénovation,aménagement et réparation d’immeubles au sens le plus large,bâtis ou non bâtis(carrelage,maçonnerie,échafaudages,coffrage,ferraillage,terrassement,rejointoyage,sablage,peinture,revêtement de sol,pose de cloisons,de faux-plafonds,et éléments préfabriqués,isolation thermique,acoustique,charpente,couverture,zinguerie,étanchéité,démolitions,vitrage,pose de châssis et portes,menuiserie,plafonnage,cimentage,crépi,électricité,chauffage,sanitaire,plomberie,ventilation,vmc,conditionnement d’air,…)
  16. À la conception,l'entreprise et l'exécution,en Belgique et à l'étranger,de tous travaux généralement quelconques se rapportant à la construction dans le sens le plus large,à tous les domaines qui s'y rapportent,et ce quel que soit le type de marché(entreprise,promotion,concession,exploitation etc.),de client(public ou privé)ou d'ouvrage(industriel,bâtiments,bureaux,résidentiel,génie civil,infrastructure,aménagements,restauration,réparations,etc.)Elle peut en particulier se charger de toutes entreprises,de travaux hydrauliques,de travaux routiers,de travaux de démolition,de travaux de bâtiments ou de génie civil,de travaux de réparation,rénovation,ou restauration d'ouvrages existants,travaux de pose,égouts ou canalisation,de travaux de voies ferrées,de constructions métalliques,de travaux de terrassements ou d'aménagements des sols,d'équipements ou installations mécaniques,hydromécaniques
  17. À l’importation,l’exportation,la distribution en gros et au détail de tous matériaux,produits et autres articles utilisés dans le secteur du bâtiment,de l’industrie et/ou secteurs connexes
  18. À la location et vente de tout matériel ou outillage de construction;commercialisation de tout type de matériaux de construction
  19. À l’exploitation des énergies renouvelables,énergie éolienne,solaire,combustion du bois et d’autres matières renouvelables,le chauffage des bâtiments publics et privés,piscines,la fabrication d’électricité,la fabrication,le placement,la vente de tous produits,matériaux et matériel relevant des domaines précités et ainsi notamment les poêles à granulés de bois,tous systèmes de récupération et d’utilisation des énergies naturelles,panneaux solaires,éoliennes,pompes à chaleur,etc.
  20. À l’exercice de la profession de pisciniste et toutes activités liées de près ou de loin à cette profession:la fabrication,l’installation,l’amélioration,l’entretien,le dépannage,et la réparation de piscines intérieures et extérieures,de bassins pour piscines et pataugeoires,etc.,de tous équipements de bien-être(spa,jacuzzi,sauna,hammam,etc.)intérieurs et extérieurs;le suivi des projets de transformation,la réalisation de travaux,toutes les techniques spéciales du bâtiment(études électriques,sanitaires,etc)
  21. À la fabrication,le placement,la vente,l’import-export de tous appareils ou infrastructures destinés à produire,capter,stocker,restituer et consommer toutes énergies ainsi que tous systèmes plus traditionnels de chauffage,de recyclage,de ventilation,d’aération,etc…
  22. À la fabrication d'ouvrages en béton,en ciment ou en plâtre,à la fabrication d'éléments préfabriqués en béton pour le bâtiment et le génie civil
  23. À la fabrication de matériaux de construction en substances végétales(laine de bois,paille,roseaux,joncs)agglomérés avec un liant minéral(ciment,plâtre etc.)
  24. À toutes les activités de construction métallique
  25. À la soudure,perçage,tournage,fraisage,arasage,rabotage,rodage,brochage,dressage,sciage,meulage,affûtage etc.,de pièces métalliques
  26. À la fabrication d'équipements hydrauliques et pneumatiques
  27. À la fabrication de matériel de levage et de manutention
  28. À la fabrication de machines agricoles,forestières
  29. À la fabrication de machines pour l'extraction et la construction
  30. À la fabrication de machines pour le traitement des déchets
  31. À la construction et assemblage de véhicules automobiles,de remorques et de semi-remorques
  32. À la fabrication et réparation de carrosseries de véhicules automobiles
  33. À l’aménagement de tous types de véhicules automobiles(autocars,camions-citernes,camions-frigorifiques,autocaravane etc.)
  34. À la réparation et installation de machines et d'équipements divers
  35. À l’entretien et réparation de tracteurs agricoles,de machines agricoles et forestières de motoculteurs et de tondeuses à gazon,aux travaux d'entretien et réparations mécaniques pour des tiers
  36. Au remorquage et dépannage routier et de tout type de véhicules
  37. À l’installation de machines et d'équipements industriels
  38. À la conception,assemblage et entretien d'unités de production automatisées comprenant plusieurs machines,équipements de manutention et appareils de contrôle centralisés
  39. À tous types de travaux agricoles et forestiers
  40. À la création,la conception,l’aménagement et l’entretien de parcs et jardins,espaces verts extérieurs ou intérieurs,espaces paysagers,jardins privés ou publics,jardins d’agrément;entreprise de tous travaux de jardinage,soit directement soit en sous-traitance
  41. À la lutte contre les animaux nuisibles en relation avec l'agriculture
  42. Aux activités immobilières dont notamment:activités des marchands de biens immobiliers;activités de transaction sur bien immobiliers(dont notamment immeuble résidentiels et maisons,vides ou meublés destinés à l’habitation;exploitation de biens immobiliers en multipropriété;location et exploitation de biens immobiliers non résidentiels propre ou loués;location d’immeubles non résidentiels(bureaux,espaces commerciaux et de stockage,hall d’exposition,garages,location à l’année d’emplacement pour caravane,…))
  43. Aux activités de transactions sur biens immobiliers tels que:immeubles résidentiels et maisons d'habitation,immeubles non résidentiels,terres et terrains
  44. À la location de conteneurs,de tout type de véhicule avec ou sans chauffeur,de remorques
  45. À la vente de tous types de véhicules et engins de génie civil
  46. À la location de machines-outils,de matériel et d'outils à main pour le bricolage,de machines et équipements pour l'agriculture,l’horticulture,le jardinage,l'élevage et l'exploitation forestière,avec ou sans opérateur,de machines et d'équipements pour la construction,d'échafaudages et de plates-formes de travail avec ou sans montage et démontage
  47. Au commerce de combustibles solides tels que charbon,bois de chauffage,charbon de bois etc.
  48. Aux activités de nettoyage:Nettoyage courant des bâtiments,nettoyage industriel,nettoyage de bâtiments de tous types:bureaux,usines,ateliers,locaux d'institutions et autres locaux à usage commercial ou professionnel,immeubles à appartement etc.Nettoyage des vitres.Ramonage des cheminées et nettoyage des âtres,des fourneaux,des incinérateurs des chaudières,des gaines de ventilation et des dispositifs d'évacuation de fumées.Nettoyage intérieur et extérieur de tout type de véhicules.Nettoyage de bâtiments nouveaux et remise en état des lieux après travaux
  49. À la réparation d'articles divers y compris les réparations urgentes à domicile
  50. Collecte,traitement et élimination des déchets;récupération,recyclage,transformation,valorisation
  51. À la dépollution,dépollution des sols et autres services de gestion des déchets.Centre de tri et de valorisation de déchets divers
  52. À la récolte,transport,évacuation et valorisation de déchets et matières organiques(fumier,compostage,biométhanisation,…)

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
TERKO
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne, peut établir,par simple décision de l’organe d’administration,des sièges administratifs,agences,ateliers,dépôts et…” (deed in French)

deed of 22-08-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Assemblée fixe nombre,durée,pouvoirs si pluralité, avec ou sans limitation durée,qualité statutaire si nommés dans statuts” (deed in French)
“Chaque administrateur seul accomplit actes nécessaires/utiles objet sauf loi/statuts réservent assemblée, pouvoirs spéciaux à tout…” (deed in French)

deed of 22-08-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, registre actions nominatives avec mentions CSA” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Mêmes formalités,survivants 3 mois dès décès pour notifier intention,faute déchus, total actif moins provisions,dettes,montants non amortis…” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
“Ouverture souscription, organe qui procède à émission” (deed in French)

deed of 22-08-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Friday of June at 18:00

deed of 22-08-2023

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Décision de l'assemblée générale délibérant dans les formes prévues pour les modifications aux statuts” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Administrateur(s) en fonction en vertu des statuts si aucun autre liquidateur désigné” (deed in French)

deed of 22-08-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Appels de fonds, à l'émission” (deed in French)
Other provision: “Indivisibilité des titres, un seul propriétaire par titre pour exercice droits” (deed in French)
Other provision: “Rémunération des administrateurs, frais généraux” (deed in French)
Other provision: “Contrôle de la société, un ou plusieurs commissaires” (deed in French)
Other provision: “Admission à l'assemblée générale” (deed in French)
Other provision: “Séances-procès-verbaux, registre tenu au siège” (deed in French)
Other provision: “Délibérations, majorité des voix quel que soit le nombre de titres représentés” (deed in French)
Other provision: “Organe d'administration, séance tenante” (deed in French)
Other provision: “Répartition-réserves, assemblée générale sur proposition de l'organe d'administration” (deed in French)
Liquidation distribution: “Proportion des actions, apurement dettes,charges,frais ou consignation” (deed in French)
Other provision: “Siège sauf autre domicile élu en Belgique vis-à-vis de la société, Election de domicile” (deed in French)
Other provision: “Tribunaux du siège, litige entre société,actionnaires,administrateurs,commissaires et liquidateurs relatifs aux affaires et exécution des…” (deed in French)
Other provision: “Droit commun” (deed in French)
1 more provision in the deed, see the deed of 22-08-2023

deed of 22-08-2023