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Terter Company

Active
Private limited companyfounded 2023active for 3 yearsTaminesstraat 38-40, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0801.459.332
Summary

The computed 12-month bankruptcy probability of Terter Company is 11.2% (high). The 2025 annual accounts show negative equity (-€65,743) and a net result of -€70,089. Equity has been shrinking by about 28% per year since 2023. Its solvency ranks better than 19% of 17,001 sector peers (NACE 56, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 04-05-2023 Normal situation
Activity
Full-service restaurants NACE 56111and 6 others
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
Establishment unit
2.371.438.380 1060 Sint-Gillis (bij-Brussel), since 01-03-2025
Financial year end
31 December
Peppol
Reachable since 24-11-2023

Board and ownership

Board

Financial position

29 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
11.2%
Annual accounts 2025
Gross margin
€202,031
▲ 29.2%
Turnover
≈ €590,000
estimated
Loss
€70,089
▲ 630%
Equity
-€65,743
▼ 36.5%
Total assets
€323,478
▲ 53.2%
Employees on 31-12-2025
31
▲ 121%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 10 days after the deadline
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)1 change of registered office in 24 monthsLiquidity: current ratio 0.07, cash €826, halvedLast filed accounts filed 10 days late; 2 of the last 3 accounts lateShow the evidence

Checked score

Score 2025
29 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 15% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency 5+3
equity -20.3% of total assets
Liquidity 15-19
short-term debt 66.0% · cash 0.3%
Profitability 0-27
return on assets -21.7%
Bankruptcy probability within 12 months
11.2% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,783 companies, NACE 56, micro)
Last 24 months 12-2024: 10.3% 01-2025: 10.2%▼ -0.1 percentage points vs 12-2024 02-2025: 10.1%▼ -0.1 percentage points vs 01-2025 03-2025: 6.2%▼ -3.9 percentage points vs 02-2025lowest value 04-2025: 6.3%▲ +0.1 percentage points vs 03-2025 05-2025: 6.3%● unchanged vs 04-2025 06-2025: 6.3%● unchanged vs 05-2025 07-2025: 6.3%● unchanged vs 06-2025 08-2025: 7.4%▲ +1.1 percentage points vs 07-2025 09-2025: 10.7%▲ +3.3 percentage points vs 08-2025 10-2025: 13.0%▲ +2.3 percentage points vs 09-2025 11-2025: 13.0%● unchanged vs 10-2025highest value 12-2025: 9.6%▼ -3.4 percentage points vs 11-2025 01-2026: 9.5%▼ -0.1 percentage points vs 12-2025 02-2026: 9.5%● unchanged vs 01-2026 03-2026: 9.5%● unchanged vs 02-2026 04-2026: 11.0%▲ +1.5 percentage points vs 03-2026 05-2026: 11.7%▲ +0.7 percentage points vs 04-2026 06-2026: 11.7%● unchanged vs 05-2026 07-2026: 11.8%▲ +0.1 percentage points vs 06-2026 08-2026: 12.1%▲ +0.3 percentage points vs 07-2026 09-2026: 11.2%▼ -0.9 percentage points vs 08-2026 10-2026: 11.2%● unchanged vs 09-2026 11-2026: 11.2%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.07 (0.81 in 2024), below 1. Short-term debt is 66% and cash 0.3% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 56, micro). It does better than 19% of them on solvency, 13% on liquidity, 8% on profitability and 18% on growth.

The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Signals

Six signals.
raises risk
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Liquidity: current ratio 0.07, cash €826, halved
NBB · annual accounts
raises risk · Last filed accounts filed 10 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€65,743
raises risk · 2025 accounts filed 10 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
10 days late
2024
97 days late
2023
55 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 54 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% 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. The company usually files around 25 September (3 of the last 3 accounts filed within 46 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€65,743 View
  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€70,089 View
  • Caution: Result fell in 2025from -€9,607 to -€70,089 ▼ 630% View
  • Caution: Lower net result than 95% of companies in food and beverage servicesector median €4,882 · 16,979 companies -€70,089 View

Recent changes

  1. · Gazette deed Registered office moved from Nivelles to Saint-GillesNew seat: Rue de Tamines 38-40 1060 Saint-Gilles · Previous seat: Chemin du Pécrot 11 - 1400 Nivelles
  2. · Gazette deed Resignation: TABARD Catherine Anne Céline (director)Appointment: NÈVE de MEVERGNIES Julien Marie-France Mahmoud (director)
  3. · Gazette deed IncorporationStarting capital €20,000 · Appointment: TABARD Catherine Anne Céline (director)
All 7 events

Comparable companies

These companies have the same main activity as Terter Company: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €297,000 and €353,000, founded between 2022 and 2023.

CompanyTotal assetsGross margin
Terter Company Sint-Gillis (bij-Brussel)€323,478€202,031
ZAARINE COMPANY Brussel€298,706€235,670
Poka Toison d'Or Elsene€306,379€175,630
Verdugo Kortrijk€346,257€189,159
Dynasty Garden Mechelen€353,471€193,124
DADS Liège€310,466€205,589
JUKELORO Estaimpuis€296,664€188,746
Full comparison

Key facts about Terter Company

What is the company number of Terter Company?
The company number of Terter Company is 0801.459.332. The VAT number is the same number with BE in front: BE 0801.459.332.
Where is Terter Company based?
The registered office is at Taminesstraat 38-40, 1060 Sint-Gillis (bij-Brussel).Company details
What does Terter Company do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of Terter Company?
The legal form of Terter Company is Private limited company (BV).
When was Terter Company founded?
Terter Company was founded on 04-05-2023.
Is Terter Company still active?
Yes, Terter Company is an active enterprise in the KBO register.
How many employees does Terter Company have?
Terter Company had an average of 23.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Terter Company fall under?
In its 2025 annual accounts, Terter Company states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of Terter Company?
The turnover in financial year 2025 is ≈ €590,000. This figure is estimated from the gross margin of €202,031 and 86 comparable companies (NACE 56111). It probably lies between €490,000 and €710,000.
Is Terter Company profitable?
In financial year 2025, Terter Company made a loss of €70,089.
Where can I find the annual accounts of Terter Company?
Terter Company filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Terter Company due?
Terter Company must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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