Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TeRho from Steenokkerzeel, company number BE0426763574, closed financial year 2025 with a result of € -208,448 after tax. For that financial year TeRho recorded a gross margin of € 78,765 and equity of € 72,080. Compared with financial year 2024, the result moved from € -163,602 to € -208,448. The company made a loss. The buffer shrank hard: equity is 74 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 10, 2026.
€ 72,080
▼ 74% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -208,448
▼ 27 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,743
▼ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 53,530.
People and assets in 2025
€ 76,313
▲ € 69,603 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▼ 2% vs 2024
€ 82,230 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 3,666
▼ 95% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,803
▼ 80% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 134,934 | € 186,792 | € 112,665 | € 78,765 | ▼ 30% |
| Profit after taxes | € 3,410 | € 47,790 | € -163,602 | € -208,448 | ▼ € 44,847 |
| Equity | € 396,340 | € 444,130 | € 280,529 | € 72,080 | ▼ 74% |
| Total debts | € 549,101 | € 1,008,626 | € 2,347,280 | € 2,383,156 | ▲ 2% |
| Cash | € 74,497 | € 6,451 | € 47,621 | € 1,743 | ▼ 96% |
| Land & buildings | € 184,967 | € 852,714 | € 2,522,662 | € 2,370,893 | ▼ 6% |
| Retained profit | € 377,790 | € 425,580 | € 261,979 | € 53,530 | ▼ 80% |
| Bank debt | € 123,279 | € 439,812 | € 1,425,104 | € 1,399,974 | ▼ 2% |
| Balance sheet total | € 945,441 | € 1,452,756 | € 2,627,808 | € 2,455,237 | ▼ 7% |
Key figures of TeRho, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to TeRho?
What happened at TeRho in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 208,448. Source: NBB ↗
- New establishment in Vilvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,410 profit in 2022 to € 208,448 loss in 2025.
Paid € 16,435 in corporate taxes since 2022.
Best year ever: 2023, with € 47,790 profit.
Management
Behind TeRho is Bart COMYN.
Directors
According to the 2025 annual accounts
Bart COMYN
Director
Establishments
Establishment units
Physical locations of this company
Steenwagenstraat 48
1820 Steenokkerzeel
J. Monnetlaan 3
1800 Vilvoorde
Active since 28 September 1984
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.763.574
- VAT number
- BE 0426.763.574
- Registered office
- Steenwagenstraat 48, 1820 Steenokkerzeel
- Names & denominations
- TeRho
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 1984
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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