TERTIUS
ActiveTERTIUS has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.46M and a net result of €46k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 78% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+4
Solvency100=
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity short (current ratio 0.28 against 0.19 in 2024; short-term debt: 13.9% and cash: 2.1% of total assets), and 18.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
81.4%
Return on assets
2.6%
Age of the figures
9 mo
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 · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €1.46M
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
42 d early
2023
43 d early
2022
46 d early
2021
40 d early
2020
145 d early
2019
137 d early
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.46M▲ 26.4%
2024 · €1.15M
2019: €1.26M
2020: €1.25M
2021: €937k
2022: €804k
2023: €811k
2024: €1.15M
2019 → 2025
Total assets
€1.79M▲ 22.5%
2024 · €1.46M
2019: €2.15M
2020: €2.00M
2021: €1.49M
2022: €1.46M
2023: €1.19M
2024: €1.46M
2019 → 2025
Net result
€46k
2024 · €-14k
2019: €-36k
2020: €-10k
2021: €-310k
2022: €92k
2023: €7k
2024: €-14k
2019 → 2025
Working capital
€-178k▼ 7.8%
2024 · €-165k
2019: €-165k
2020: €-34k
2021: €-118k
2022: €-151k
2023: €-182k
2024: €-165k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€937k-€804k▼ 14.2%€811k▲ 0.8%€1.15M▲ 42.1%€1.46M▲ 26.4%
Operating result€-33k-€115k€14k▼ 87.9%€21k▲ 49.4%€73k▲ 253%
Net result€-310k-€92k€7k▼ 92.7%€-14k€46k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 253% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.79M
Fixed assets
€1.72M▲ 21.0%
Current assets
€71k▲ 77.5%
Equity and liabilities €1.79M
Equity
€1.46M▲ 26.4%
Debt
€334k▲ 7.9%
The debt ratio falls from 21.2% to 18.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€216k▲
2024 · €155k
Cash flow
€189k▲
2024 · €120k
Solvency
81.4%▲
2024 · 78.8%
Current ratio
0.28▲
2024 · 0.19
Quick ratio
0.28▲
2024 · 0.19
Debt / equity
0.23▼
2024 · 0.27
ROE
3.2%▲
2024 · -1.2%
ROA
2.6%▲
2024 · -0.9%
Interest coverage
68.37▲
2024 · 44.21
Debt
€334k▲
2024 · €309k
Debt ≤ 1 year
€249k▲
2024 · €205k
Debt > 1 year
€85k▼
2024 · €104k
Income taxes
€24k▼
2024 · €31k
Staff costs
€0▼
2024 · €298
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.46M€1.79M▲
Fixed assets21/28€1.42M€1.72M▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€1.42M€1.72M▲
Land and buildings22€1.37M€1.59M▲
Plant, machinery and equipment23€24k€28k▲
Furniture and vehicles24€28k€106k▲
Current assets29/58€40k€71k▲
Amounts receivable within one year40/41€20k€33k▲
Trade receivables40€20k€32k▲
Other amounts receivable41€0€366▲
Cash at bank and in hand54/58€20k€37k▲
Deferred charges and accrued income490/1-€807
Equity and liabilities
Total equity and liabilities10/49€1.46M€1.79M▲
Equity10/15€1.15M€1.46M▲
Contributions10/11€32k€382k▲
Reserves13€1.13M€1.08M▼
Distributable reserves133€1.13M€1.08M▼
Profit (loss) carried forward14€-9k€-9k=
Amounts payable17/49€309k€334k▲
Amounts payable after more than one year17€104k€85k▼
Financial debts170/4€104k€85k▼
Amounts payable within one year42/48€205k€249k▲
Current portion of amounts payable after more than one year42€68k€69k▲
Trade debts44€23k€3k▼
Suppliers440/4€23k€3k▼
Taxes, remuneration and social security45€11k€23k▲
Taxes450/3€11k€23k▲
Other amounts payable47/48€103k€154k▲
Income statement
Code20242025
Remuneration, social security and pensions62€298€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€134k€142k▲
Other operating charges640/8€16k€24k▲
Gross operating margin9900€171k€239k▲
Operating profit (loss)9901€21k€73k▲
Financial income75/76B-€65
Recurring financial income75-€65
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€17k€70k▲
Income taxes67/77€31k€24k▼
Profit (loss) for the period9904€-14k€46k▲
Profit (loss) for the period to be appropriated9905€-14k€46k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€38k▲
Profit (loss) brought forward from the previous period14P€5k€-9k▼
Transfer from equity791/2-€92k
Transfer to equity691/2€0€46k▲
To other reserves6921€0€46k▲
Profit to be distributed694/7-€92k
Return on contributions (dividend)694-€92k
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €46k
Net result €46k after one loss-making year.
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €1MEq €1.15M ▲42.1%
Equity rises from €811k to €1.15M.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €92k
Net result €92k after 3 loss-making years.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-310k
Net result drops to €-310k, the lowest in the series; recovery starts the following year.
2020
08-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
06-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
02-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Lommel · 1 establishment unit since 2004
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.
Rijtenstraat 273920 LommelGround area
2,106 m²
Building footprint
275 m²
Volume, LiDAR
1,667 m³
Parcel 72342A0976/00Z005, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Tertius BVBA
since 20042.134.896.061
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72342A0976/00Z005 | Flanders | 2,106 m² | 1 · 275 m² | 9.4 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
2022 · 1 entry · 195 EUR awarded · 195 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 195 EUR | 195 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Haerens Investments
BE 0797.900.125
Puurs-Sint-Amands · Eq €1.46M
DELCART
BE 0541.306.817
Estaimpuis · Eq €1.46M
Débéco
BE 0448.797.719
Antwerpen · Eq €1.46M
ODESSA
BE 0474.167.672
Kortenaken · Eq €1.46M
ORIENTES
BE 0865.596.227
Antwerpen · Eq €1.46M
Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 23,671 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-2003
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
74855
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.