TERTIO MILLENNIO

Active

Non-profit associationfounded 1999active for 26 yearsItaliëlei 75, 2000 Antwerpen, BelgiumKBO/BCE: BE 0470.595.401

Summary

The annual accounts of TERTIO MILLENNIO for financial year 2024 show a net loss of 61% of total assets. The 2024 annual accounts show equity of €214,269 and a net result of -€131,677. Its solvency ranks better than 95% of 236 sector peers (NACE 58, financial year 2024). The association has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

TERTIO MILLENNIOActiveChecked score 55/100

Risk analysis Report Compare

Activity

Publishing activities

NACE 58130

2 sites

Size

€214,269total assets 2024

Equity: €214,269
Deficit: -€131,677

Turnover not published (abbreviated format)

Financial health

55 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

Board: 7 members

Accounts 121 days early4 of 8 deeds read

Why 55raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year1 change of registered office in 24 monthsFigures for financial year 2024 (filed 02-04-2025)lowers riskLegal form: non-profit associationSector: Publishing activities (NACE 58)Show the evidence

Checked score

Score 2024

55 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 38% of its sector peers (NACE 58, micro)

A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.

Financial strength

Weak

Solvency 100

equity 100.0% of total assets

Liquidity 33

cash 13.2%

Profitability 0

return on assets -61.5%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,276 companies, NACE 58, micro)

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026highest value

Credit of up to €11,000 on 30-day terms, only on tighter conditions

Net loss of at least half of total assets or of the equity at the start of the financial year.

cash: 13.2% of total assets, and 0% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 58, micro): better than 87% on solvency, 20% on liquidity and 8% on profitability.

The bankruptcy probability was computed on 22-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Legal form: non-profit association

KBO

1 change of registered office in 24 months

Belgian Official Gazette

Figures for financial year 2024 (filed 02-04-2025)

NBB · annual accounts

Sector: Publishing activities (NACE 58)

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-04-2025, 121 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2024

121 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 121 days before the deadline; the sector median (NACE 58) for financial year 2024 is 7 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

06-08-2025 Reappointments: Paul Matthys, Christiaan De Groof…Appointments: Katrien Van Kriekinge, Didier…
01-04-2025 Annual accounts filedfinancial year 2024 · abbreviated…
24-02-2025 Resignations: Paul Delva, Laurence Festraets and…Appointments: Paul Matthys, Christiaan De…

Key points

Caution: Among the weakest 11% on net resultsector median €32,076 · 237 companies -€131,677 View
Board7 directors in office 7 View
Active since 1999founded 23-12-1999 26 years View