TERRY
ActiveTERRY has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €739k and a net result of €10k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 90% of 64 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
86
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability7▼-2
Solvency100=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 5.05 against 2.96 in 2023), and 13.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 03
Relative position
BE, all sectors
reference
Sector 03
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2024Solvency, return and age of the figures
Solvency
86.9%
Return on assets
1.1%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
43 d early
2022
42 d early
2021
40 d early
2020
32 d early
2019
25 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€739k▲ 6.9%
2023 · €691k
2018: €830k
2019: €749k
2020: €686k
2021: €633k
2022: €679k
2023: €691k
2018 → 2024
Total assets
€850k▲ 5.4%
2023 · €806k
2018: €1.23M
2019: €1.11M
2020: €1.00M
2021: €909k
2022: €841k
2023: €806k
2018 → 2024
Net result
€10k▼ 19.9%
2023 · €12k
2018: €29k
2019: €-44k
2020: €2k
2021: €12k
2022: €46k
2023: €12k
2018 → 2024
Working capital
€309k▲ 91.1%
2023 · €162k
2018: €313k
2019: €90k
2020: €94k
2021: €107k
2022: €219k
2023: €162k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€686k-€633k▼ 7.7%€679k▲ 7.2%€691k▲ 1.8%€739k▲ 6.9%
Operating result€-3k-€6k€56k▲ 856%€7k▼ 87.5%€-5k
Net result€2k-€12k▲ 484%€46k▲ 294%€12k▼ 73.5%€10k▼ 19.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €5k after €7k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €850k
Fixed assets
€464k▼ 17.4%
Current assets
€385k▲ 57.7%
Equity and liabilities €850k
Equity
€739k▲ 6.9%
Provisions
€34k▲ 5.4%
Debt
€77k▼ 7.0%
The debt ratio falls from 10.3% to 9.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€135k▲
2023 · €131k
Cash flow
€150k▲
2023 · €136k
Solvency
86.9%▲
2023 · 85.7%
Current ratio
5.05▲
2023 · 2.96
Quick ratio
5.05▲
2023 · 2.96
Debt / equity
0.10▼
2023 · 0.12
ROE
1.3%▼
2023 · 1.8%
ROA
1.1%▼
2023 · 1.5%
Interest coverage
250.67▲
2023 · 114.39
Debt
€77k▼
2023 · €83k
Debt ≤ 1 year
€76k▼
2023 · €83k
Income taxes
€10k▲
2023 · €6k
Staff costs
€365k▲
2023 · €312k
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€806k€850k▲
Fixed assets21/28€562k€464k▼
Tangible fixed assets22/27€562k€464k▼
Land and buildings22€90k€86k▼
Plant, machinery and equipment23€172k€179k▲
Furniture and vehicles24€300k€200k▼
Current assets29/58€244k€385k▲
Amounts receivable within one year40/41€18k€23k▲
Other amounts receivable41€18k€23k▲
Cash at bank and in hand54/58€223k€361k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€806k€850k▲
Equity10/15€691k€739k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€672k€682k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Tax-exempt reserves132€62k€41k▼
Distributable reserves133€608k€639k▲
Investment grants15-€38k
Provisions and deferred taxes16€32k€34k▲
Deferred taxes168€32k€34k▲
Amounts payable17/49€83k€77k▼
Amounts payable within one year42/48€83k€76k▼
Current portion of amounts payable after more than one year42€8k-
Trade debts44€47k€40k▼
Suppliers440/4€47k€40k▼
Taxes, remuneration and social security45€28k€36k▲
Taxes450/3€16k€24k▲
Remuneration and social security454/9€12k€12k▲
Accrued charges and deferred income492/3€314€791▲
Income statement
Code20232024
Remuneration, social security and pensions62€312k€365k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€124k€141k▲
Other operating charges640/8€9k€16k▲
Gross operating margin9900€452k€516k▲
Operating profit (loss)9901€7k€-5k▼
Financial income75/76B€1k€12k▲
Recurring financial income75€1k€12k▲
Financial charges65/66B€1k€540▼
Recurring financial charges65€1k€540▼
Profit (loss) for the period before taxes9903€7k€6k▼
Transfer from deferred taxes780€11k€14k▲
Income taxes67/77€6k€10k▲
Profit (loss) for the period9904€12k€10k▼
Transfer from tax-exempt reserves789€21k€21k=
Profit (loss) for the period to be appropriated9905€33k€30k▼
Appropriation of the result
Profit (loss) to be appropriated9906€33k€30k▼
Transfer to equity691/2€33k€30k▼
To other reserves6921€33k€30k▼
Social balance
Average headcount (FTE)90875.15.3▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €46k ▲294%
Operating result €56k, net result €46k, both a record.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 25 days late
2019
31-12
Financial
Weakest financial yearnet €-44k ▼251%
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Zuienkerke · 1 establishment unit since 1996
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.
Doelhofstraat 728377 ZuienkerkeGround area
2,706 m²
Building footprint
219 m²
Volume, LiDAR
1,178 m³
Parcel 31020A0536/00H000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Z 41 Albert Bos
since 19962.078.014.469
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31020A0536/00H000 | Flanders | 2,706 m² | 1 · 219 m² | 8.1 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 42,889 EUR awarded · 42,198 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 10,775 EUR |
| 2024 | 1 | 10,775 EUR | 31,423 EUR |
| 2023 | 1 | 32,114 EUR | 0 EUR |
Schemes
Investeringssteun en andere maatregelen
Recognitions · licences · registrations
Food safety, FASFC
1 siteZuienkerke2.078.014.469
Similar companies · same sector, comparable size
Rederij Atlas
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SAFE TRIP
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CAROLINE
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Knokke-Heist · Eq €682k
SEMPER - CONFIDENS
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Knokke-Heist · Eq €664k
MARE NOSTRUM
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Knokke-Heist · Eq €655k
Of 103 companies in sector 03110 we hold annual accounts for 75. 65 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-08-1996
Fiscal year end31-12
Activities, NACEBEL
03110Fishing and aquaculture
05010
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.