Terpsis
ActiveSummary
Terpsis has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €41k and a net result of €42k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency63▼-32
Growth78=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.58 against 3.29 in 2024; short-term debt: 61.5% and cash: 66.4% of total assets), but 61.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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
38.5%
Return on assets
39.5%
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 28-07-2026, 3 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
3 d early
2024
13 d early
2023
2 d late
2022
84 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€41k▼ 53.7%
2024 · €89k
2022: €4klowest in 4 years
2023: €41k▲ +1020% vs 2022
2024: €89k▲ +116% vs 2023highest in 4 years
2025: €41k▼ -53.7% vs 2024
2022 → 2025
Total assets
€107k▼ 15.5%
2024 · €126k
2022: €27klowest in 4 years
2023: €68k▲ +149% vs 2022
2024: €126k▲ +84.8% vs 2023highest in 4 years
2025: €107k▼ -15.5% vs 2024
2022 → 2025
Net result
€42k▼ 11.3%
2024 · €48k
2022: €1klowest in 4 years
2023: €38k▲ +2508% vs 2022
2024: €48k▲ +24.5% vs 2023highest in 4 years
2025: €42k▼ -11.3% vs 2024
2022 → 2025
Working capital
€38k▼ 56.3%
2024 · €86k
2022: €-320lowest in 4 years
2023: €39k▲ +12166% vs 2022
2024: €86k▲ +124% vs 2023highest in 4 years
2025: €38k▼ -56.3% vs 2024
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€4k-€41k▲ 1,020%€89k▲ 116%€41k▼ 53.7%
2022: €4klowest in 4 years
2023: €41k▲ +1020% vs 2022
2024: €89k▲ +116% vs 2023highest in 4 years
2025: €41k▼ -53.7% vs 2024
Operating result€2k-€53k▲ 2,229%€60k▲ 13.8%€50k▼ 18.0%
2022: €2klowest in 4 years
2023: €53k▲ +2229% vs 2022
2024: €60k▲ +13.8% vs 2023highest in 4 years
2025: €50k▼ -18.0% vs 2024
Net result€1k-€38k▲ 2,508%€48k▲ 24.5%€42k▼ 11.3%
2022: €1klowest in 4 years
2023: €38k▲ +2508% vs 2022
2024: €48k▲ +24.5% vs 2023highest in 4 years
2025: €42k▼ -11.3% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €107k
Fixed assets
€3k ▲ 54.9%
Current assets
€103k ▼ 16.7%
Equity and liabilities €107k
Equity
€41k ▼ 53.7%
Debt
€66k ▲ 74.2%
Debt's share of the balance-sheet total rises from 29.9% to 61.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€51k▼
2024 · €62k
Cash flow
€44k▼
2024 · €49k
Current ratio
1.58▼
2024 · 3.29
Debt to equity
1.60▲
2024 · 0.43
ROE
102.8%▲
2024 · 53.7%
ROA
39.5%▲
2024 · 37.7%
Interest coverage
213.69▼
2024 · 541.40
Debt ≤ 1 year
€66k▲
2024 · €38k
Income taxes
€10k▼
2024 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€126k€107k▼
Fixed assets21/28€2k€3k▲
Tangible fixed assets22/27€2k€3k▲
Plant, machinery and equipment23€2k€715▼
Furniture and vehicles24-€3k
Current assets29/58€124k€103k▼
Amounts receivable within one year40/41€62k€30k▼
Trade receivables40€12k€11k▼
Other amounts receivable41€50k€19k▼
Cash at bank and in hand54/58€61k€71k▲
Deferred charges and accrued income490/1€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€126k€107k▼
Equity10/15€89k€41k▼
Contributions10/11€3k€3k=
Reserves13€38k€38k=
Distributable reserves133€38k€38k=
Profit (loss) carried forward14€48k-
Amounts payable17/49€38k€66k▲
Amounts payable within one year42/48€38k€66k▲
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€36k€20k▼
Taxes450/3€36k€20k▼
Remuneration and social security454/9€320€320=
Other amounts payable47/48-€42k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Gross operating margin9900€62k€51k▼
Operating profit (loss)9901€60k€50k▼
Financial income75/76B€1k€3k▲
Recurring financial income75€1k€3k▲
Non-recurring financial income76B-€1
Financial charges65/66B€115€247▲
Recurring financial charges65€115€240▲
Non-recurring financial charges66B€0€7▲
Profit (loss) for the period before taxes9903€61k€52k▼
Income taxes67/77€14k€10k▼
Profit (loss) for the period9904€48k€42k▼
Profit (loss) for the period to be appropriated9905€48k€42k▼
Appropriation of the result
Profit (loss) to be appropriated9906€48k€90k▲
Profit (loss) brought forward from the previous period14P-€48k
Profit to be distributed694/7-€90k
Return on contributions (dividend)694-€90k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €632 | €2k | €2k | €2k | ▲ 1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €34k | - | - | - | - |
| Gross operating margin9900 | €37k | €55k | €62k | €51k | ▼ 17.5% |
| Operating profit (loss)9901 | €2k | €53k | €60k | €50k | ▼ 18.0% |
| Financial income75/76B | - | - | €1k | €3k | ▲ 148% |
| Recurring financial income75 | - | - | €1k | €3k | ▲ 148% |
| Non-recurring financial income76B | - | - | - | €1 | - |
| Financial charges65/66B | - | €100 | €115 | €247 | ▲ 114% |
| Recurring financial charges65 | - | €100 | €115 | €240 | ▲ 109% |
| Non-recurring financial charges66B | - | - | €0 | €7 | ▲ 2,322% |
| Profit (loss) for the period before taxes9903 | €2k | €53k | €61k | €52k | ▼ 15.5% |
| Income taxes67/77 | €815 | €15k | €14k | €10k | ▼ 30.3% |
| Profit (loss) for the period9904 | €1k | €38k | €48k | €42k | ▼ 11.3% |
| Profit (loss) for the period to be appropriated9905 | €1k | €38k | €48k | €42k | ▼ 11.3% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €27k | €68k | €126k | €107k | ▼ 15.5% |
| Fixed assets21/28 | €4k | €2k | €2k | €3k | ▲ 54.9% |
| Tangible fixed assets22/27 | €4k | €2k | €2k | €3k | ▲ 54.9% |
| Plant, machinery and equipment23 | €4k | €2k | €2k | €715 | ▼ 66.0% |
| Furniture and vehicles24 | - | - | - | €3k | - |
| Current assets29/58 | €23k | €66k | €124k | €103k | ▼ 16.7% |
| Amounts receivable within one year40/41 | €22k | €9k | €62k | €30k | ▼ 52.1% |
| Trade receivables40 | €20k | €9k | €12k | €11k | ▼ 10.0% |
| Other amounts receivable41 | €1k | - | €50k | €19k | ▼ 62.1% |
| Cash at bank and in hand54/58 | €1k | €55k | €61k | €71k | ▲ 15.7% |
| Deferred charges and accrued income490/1 | €557 | €1k | €1k | €3k | ▲ 181% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €27k | €68k | €126k | €107k | ▼ 15.5% |
| Equity10/15 | €4k | €41k | €89k | €41k | ▼ 53.7% |
| Contributions10/11 | €3k | €3k | €3k | €3k | = |
| Reserves13 | - | €38k | €38k | €38k | = |
| Distributable reserves133 | - | €38k | €38k | €38k | = |
| Profit (loss) carried forward14 | €665 | - | €48k | - | - |
| Amounts payable17/49 | €24k | €27k | €38k | €66k | ▲ 74.2% |
| Amounts payable within one year42/48 | €24k | €27k | €38k | €66k | ▲ 74.2% |
| Trade debts44 | €2k | €3k | €1k | €3k | ▲ 159% |
| Suppliers440/4 | €2k | €3k | €1k | €3k | ▲ 159% |
| Taxes, remuneration and social security45 | €21k | €22k | €36k | €20k | ▼ 44.8% |
| Taxes450/3 | €1k | €20k | €36k | €20k | ▼ 45.2% |
| Remuneration and social security454/9 | €20k | €2k | €320 | €320 | = |
| Other amounts payable47/48 | €560 | €2k | - | €42k | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1k | €38k | €48k | €42k | ▼ 11.3% |
| + Depreciation and write-downs630 | €632 | €2k | €2k | €2k | ▲ 1.7% |
| Operating cash flow (approximation) | €2k | €40k | €49k | €44k | ▼ 10.8% |
| Investment in fixed assets (approximation) | - | €0 | €-1k | €-3k | ▼ 105% |
| Change in cash | - | €54k | €6k | €10k | ▲ 63.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €48k ▲24.5%
Operating result €60k, net result €48k, both a record.
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 2.41
Current ratio from 0.99 to 2.41.
08-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Anderlecht · 1 establishment unit since 2022
Ground area
218 m²
Building footprint
80 m²
Volume, LiDAR
852 m³
Parcel 21304B0006/00X005, Brussels · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Terpsis
since 20222.329.778.662
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21304B0006/00X005 | Brussels | 218 m² | 1 · 80 m² | 14.3 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
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 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,011 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
70200Business and other management consultancy
82990Other business support services
Contact
E-mail
contact@terpsis.be
E-mail
francois.severin@gmail.com
Phone
+32471097093
Phone
+32490461170
E-mail
hello@terpsis.beAnderlecht
Scores and ratios are computed by Checked and are not a credit decision.