Active BE 0889.810.890Public limited company

TerminalCo

Hendrik van Minderhoutstraat 50 ·8380 Brugge, Belgium· 19 yrs active

Sector: Vrachtbehandeling in zeehavens (52241)

Conclusion Checked

The KBO register records legal situation 012 for TerminalCo (Register: dissolution or liquidation); this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show negative equity (€-994k) and a net result of €520k.

Based on the State Gazette, CBE and 7 annual accounts.

Key figures

Equity	€-994k
Net result	€520k
Better than sector	5%
Active	19 yrs

Financial profile 5 of 5 axes measured · computed by Checked

30 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 0

Solvency 33

Growth 78

Stability 40

Bankruptcy probability (12 mo) Checked model v1 · free

Dissolution or liquidation

The KBO register records that this company is being wound up. A twelve-month bankruptcy probability no longer says anything in that case, so we show no figure.

Risk Assessment rule-based

0 / 100

High riskRegister: dissolution or liquidation

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 012 for this company; it does not feed the figure above.

Trust signals 1 signals

Register: dissolution or liquidation

The KBO register records legal situation 012 for this company. This is today's state according to the register itself; the register carries no start date.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

0 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 18-09-2025 with the NBB · fiscal year 2024 · verkort

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 52 · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	-3106.0%	20.8%	better than 5% of 120 sector peers
Net result	€520k	€19k	better than 90% of 119 sector peers
Equity	€-994k	€144k	better than 5% of 120 sector peers
Total assets	€32k	€997k	better than 6% of 120 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Net profit

€520k

- 18-24

Total assets

€32k

-2.1% 18-24

Equity

€-994k

+34.4% 18-24

Working capital

€-994k

+34.4% 18-24

Income taxes

€28k

- 18-24

Debt

€1.03M

-33.7% 18-24

Debt ≤ 1y

€1.03M

-33.7% 18-24

Current ratio

0.03

+47.5% 18-24

Show 5 other metrics

Quick ratio

0.03

+47.5% 18-24

Solvency

-3106.0%

+32.9% 18-24

Debt / equity

-1.03

-1.0% 18-24

ROE

-52.3%

- 18-24

ROA

1625.7%

- 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	verkort
Revenue	-
EBITDA	-
Net profit	€520k
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€32k
Equity	€-994k
Debt	€1.03M
of which ≤ 1y	€1.03M
of which > 1y	-
Working capital	€-994k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	0.03
Quick ratio	0.03
Working capital ratio	-3106.0%
Solvency	-3106.0%
Debt / equity	-1.03
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	1625.7%
ROE	-52.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Full annual accounts (16 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€32k
Current assets	29/58	€32k
Amounts receivable within one year	40/41	€392
Cash & bank	54/58	€32k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€32k
Equity	10/15	€-994k
Contributions / capital	10/11	€105k
Accumulated profits (losses)	14	€-1.10M
Amounts payable	17/49	€1.03M
Amounts payable within one year	42/48	€1.03M
Trade debts payable within one year	44	€26k
Income statement
Operating result	9901	€-701
Financial income	75	€521k
Result before taxes	9903	€520k
Net result for the period	9904	€520k
Result to be appropriated	9905	€520k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Vrachtbehandeling in zeehavens(52241)
Legal form	Public limited company(014)
Incorporation	04-06-2007
Status	Active
Postal code	8380

Establishment units 1 location

TerminalCo

Hendrik van Minderhoutstraat 50, 8380 BruggeVrachtbehandeling in zeehavens

since 20072.163.137.909

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31812S0251/00D000	Flanders	10.9 ha	1 · 3,161 m²	7.9 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

18-09-2025