TerminalCo
Dissolution or liquidationThe KBO register records for TerminalCo the legal situation: dissolution or liquidation (code 012); this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show negative equity (€-994k) and a net result of €520k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 937 sector peers (2024).
NBB · sector comparisonPosition among 937 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-09-2025, 49 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 filingsDeviation from the deadline
2025
not confirmed
2024
49 d late
2023
153 d late
2022
31 d late
2021
116 d late
2020
31 d late
2019
8 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€-994k▲ 34.4%
2023 · €-1.51M
2018: €-3.26M
2019: €-3.28M
2020: €-2.80M
2021: €-1.45M
2022: €-1.46M
2023: €-1.51M
2018 → 2024
Total assets
€32k▼ 2.1%
2023 · €33k
2018: €479k
2019: €507k
2020: €238k
2021: €90k
2022: €62k
2023: €33k
2018 → 2024
Net result
€520k
2023 · €-50k
2018: €-8k
2019: €-15k
2020: €478k
2021: €1.35M
2022: €-12k
2023: €-50k
2018 → 2024
Working capital
€-994k▲ 34.4%
2023 · €-1.51M
2018: €-3.26M
2019: €-3.28M
2020: €-2.80M
2021: €-1.45M
2022: €-1.47M
2023: €-1.51M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-2.80M-€-1.45M▲ 48.1%€-1.46M▼ 0.8%€-1.51M▼ 3.4%€-994k▲ 34.4%
Operating result€484k-€1.35M▲ 179%€-4k€-3k▲ 24.5%€-701▲ 79.1%
Net result€478k-€1.35M▲ 181%€-12k€-50k▼ 326%€520k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €701 in 2024 against €3k in 2023; the loss shrinks.
Key figures and ratios
Current ratio
0.03▲
2023 · 0.02
Quick ratio
0.03▲
2023 · 0.02
Debt / equity
-1.03▼
2023 · -1.02
Debt
€1.03M▼
2023 · €1.55M
Debt ≤ 1 year
€1.03M▼
2023 · €1.55M
A ratio outside any meaningful range has been withheld (balance sheet total €32k, equity €-994k).
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€33k€32k▼
Current assets29/58€33k€32k▼
Amounts receivable within one year40/41€1k€392▼
Other amounts receivable41€1k€392▼
Cash at bank and in hand54/58€32k€32k=
Equity and liabilities
Total equity and liabilities10/49€33k€32k▼
Equity10/15€-1.51M€-994k▲
Contributions10/11€105k€105k=
Capital10€105k€105k=
Issued capital100€105k€105k=
Profit (loss) carried forward14€-1.62M€-1.10M▲
Amounts payable17/49€1.55M€1.03M▼
Amounts payable within one year42/48€1.55M€1.03M▼
Financial debts43€435k-
Other loans439€435k-
Trade debts44€26k€26k=
Suppliers440/4€26k€26k=
Other amounts payable47/48€1.09M€1.00M▼
Income statement
Code20232024
Other operating charges640/8-€701
Non-recurring operating charges66A€924-
Gross operating margin9900€-2k-
Operating profit (loss)9901€-3k€-701▲
Financial income75/76B€49€521k▲
Recurring financial income75€49€521k▲
Non-recurring financial income76B-€521k
Financial charges65/66B€19k-
Recurring financial charges65€19k-
Profit (loss) for the period before taxes9903€-22k€520k▲
Income taxes67/77€28k-
Profit (loss) for the period9904€-50k€520k▲
Profit (loss) for the period to be appropriated9905€-50k€520k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.62M€-1.10M▲
Profit (loss) brought forward from the previous period14P€-1.57M€-1.62M▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 49 days late
2024
31-12
Financial
Back to profitnet €520k
Net result €520k after 2 loss-making years.
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 153 days late
2023
31-12
Financial
Weakest financial yearnet €-50k
Net result drops to €-50k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
24-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 116 days late
2021
31-12
Financial
Highest result since 2018net €1.35M ▲181%
Operating result €1.35M, net result €1.35M, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Back to profitnet €478k
Net result €478k after 2 loss-making years.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 13 days late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
21-04
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
12 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, Brugge · 1 establishment unit since 2007
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.
Hendrik van Minderhoutstraat 508380 BruggeGround area
10.9 ha
Building footprint
3,161 m²
Volume, LiDAR
17,737 m³
Parcel 31812S0251/00D000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TerminalCo
since 20072.163.137.909
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31812S0251/00D000 | Flanders | 10.9 ha | 1 · 3,161 m² | 7.9 m · 2 fl. |
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 275 companies in sector 52241 we hold annual accounts for 212. 13 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded04-06-2007
Fiscal year end31-12
Activities, NACEBEL
52241Warehousing and support activities for transportation
52250Logistics services
52290Warehousing and support activities for transportation
63401
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.