TERUG
ActiveSummary
The computed 12-month bankruptcy probability of TERUG is 3.1% (moderate). The 2025 annual accounts show equity of €28k and a net result of €-37k. Its solvency ranks better than 48% of 13305 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
35
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability0
Solvency53
Growth-
Track record67
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.19; short-term debt: 45% and cash: 1.8% of total assets), and 72.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.7%
Return on assets
-36.3%
Age of the figures
9 mo
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 08-07-2026, 23 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
23 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€28k
Total assets
€102k
Net result
€-37k
Working capital
€-37k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €102k
Fixed assets
€93k
Current assets
€9k
Equity and liabilities €102k
Equity
€28k
Debt
€73k
Debt finances 72.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€-24k
Cash flow
€-28k
Current ratio
0.19
Quick ratio
0.13
Debt to equity
2.61
ROE
-131.4%
ROA
-36.3%
Interest coverage
-5.18
Debt ≤ 1 year
€46k
Debt > 1 year
€26k
Filed annual accounts As filed with the NBB · 2025 · 39 lines
Balance sheet
Code2025
Assets
Total assets20/58€102k
Fixed assets21/28€93k
Intangible fixed assets21€25k
Tangible fixed assets22/27€64k
Plant, machinery and equipment23€33k
Furniture and vehicles24€4k
Other tangible fixed assets26€27k
Financial fixed assets28€4k
Current assets29/58€9k
Stocks and contracts in progress3€3k
Stocks30/36€3k
Amounts receivable within one year40/41€4k
Other amounts receivable41€4k
Cash at bank and in hand54/58€2k
Deferred charges and accrued income490/1€303
Equity and liabilities
Total equity and liabilities10/49€102k
Equity10/15€28k
Contributions10/11€65k
Profit (loss) carried forward14€-37k
Amounts payable17/49€73k
Amounts payable after more than one year17€26k
Financial debts170/4€26k
Amounts payable within one year42/48€46k
Current portion of amounts payable after more than one year42€24k
Trade debts44€22k
Suppliers440/4€22k
Accrued charges and deferred income492/3€1k
Income statement
Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k
Other operating charges640/8€1k
Gross operating margin9900€-22k
Operating profit (loss)9901€-32k
Financial income75/76B€8
Recurring financial income75€8
Financial charges65/66B€5k
Recurring financial charges65€5k
Profit (loss) for the period before taxes9903€-37k
Profit (loss) for the period9904€-37k
Profit (loss) for the period to be appropriated9905€-37k
Appropriation of the result
Profit (loss) to be appropriated9906€-37k
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2024
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.
Jan Frans Willemsstraat 19000 GentGround area
71 m²
Building footprint
71 m²
Volume, LiDAR
893 m³
Parcel 44805E0571/02M002, Flanders · tallest building 17.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
TERUG
since 20242.367.775.542
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44805E0571/02M002 | Flanders | 71 m² | 1 · 71 m² | 17.5 m · 5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.367.775.542
Similar companies · same sector, comparable size
Grillhouse Zutendaal
BE 0637.856.657
Zutendaal · Eq €28,094
JABODY
BE 0455.655.520
Antwerpen · Eq €28,090
AD KOMILFOO
BE 0765.900.320
Halle · Eq €28,088
TUDOR NICOLE
BE 0672.817.932
Brussel · Eq €28,087
MARMO
BE 0768.547.034
Schoten · Eq €28,085
Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 8,356 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-12-2024
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.