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TERNADA

Active Private limited companyfounded 2002active for 23 yearsRue de la Malaise,Warêt 32, 5310 EghezéeKBO/BCE: BE 0479.020.444

Lifetime

20 annual accounts with figures on one time axis, 23 filings since 2003
peak €178,753 (2007)
€39,444▲ 20.6%
lowest -€84,616 (2006)
€8,353▲ 16×
peak €153,441 (2025)
€153,441▲ 5.8%
€136,485▼ 3.8%
peak 4.1 FTE (2007)
-not published
Board1 name since 2023
1 director
Documentsfilings and deeds
21-08-202621 days late
2025micro format
Gross margin from €32,704 to €39,444Result from €507 to €8,353Cash from €4,091 to €16,128

Key points

from the 2025 annual accounts

Turnover

≈ €160,000 estimated

The micro format states no turnover.

Liquidity

1.33 was 0.85 in 2024

Short-term debts fell from €58,009 to €52,685.

Filings

23 annual accounts since 2003
AprilJune31 JulyOctober20102020

Five of the last ten came late. The 2023 accounts came latest: 153 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,044 companies had the same profile as TERNADA has now. Each dot stands for 43 companies, two years later.

94.3%
were still trading
5.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,044 companies, not a prediction for TERNADA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • all the sharesdeed of 30-08-2023
Board & ownership

Recent changes

Legal-form change · Resignations & appointments holds all the shares · Director in office: (sole director) · General meeting of 24-08-2023 · Gazette deed
First establishment Chaussée de Namur,Warêt 457, Eghezée
Incorporation published on 19-12-2002 · Gazette deed
All 32 events

Official details

Source: KBO
Status
Active since 12-12-2002Normal situation
Activity
“L’entreprise de dragage” (deed in French)From the articles, 18 activitiesNo NACE code in the KBO yet
Establishment unit
2.115.232.8745310 Eghezée, since 22-01-2003
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

€289,926▲ 1.1%
Filing
Filed on 21-08-2026
Financials

Insights on TERNADA

TERNADA files the micro format. That format states no turnover. The gross margin fell from €90,692 in 2006 to €39,444 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about TERNADA

What is the company number of TERNADA?
The company number of TERNADA is 0479.020.444. The VAT number is the same number with BE in front: BE 0479.020.444.
Where is TERNADA based?
The registered office is at Rue de la Malaise,Warêt 32, 5310 Eghezée.Company details
What is the legal form of TERNADA?
TERNADA is a private limited company (BV).
When was TERNADA founded?
TERNADA was founded on 12-12-2002.
Is TERNADA still active?
Yes, TERNADA is an active enterprise in the KBO register.
What is the turnover of TERNADA?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €39,444 and 2,935 comparable companies of the same size. It probably lies between €95,000 and €290,000. It is a rough estimate. In financial year 2023 turnover was €62,320.Financials
Is TERNADA profitable?
In financial year 2025, TERNADA made a profit of €8,353.
Where can I find the annual accounts of TERNADA?
TERNADA filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TERNADA due?
TERNADA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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