Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2025; threshold 65 %.
-
Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
TER - IMMO from Beersel, company number BE0446241966, closed financial year 2025 with a result of € -84,390 after tax. For that financial year TER - IMMO recorded a gross margin of € -11,268 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € -17,307 to € -84,390. The company made a loss. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 13, 2026.
€ 1.2 million
▲ 135% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -84,390
▼ 388 % more loss than in 2024
Profit after tax over the fiscal year.
€ 5,451
▲ 83% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -249,543.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 216
▼ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -73,586 | € -83,033 | € -11,640 | € -11,268 | ▲ € 372 |
| Profit after taxes | € -78,289 | € -88,943 | € -17,307 | € -84,390 | ▼ € 67,083 |
| Equity | € 621,096 | € 532,153 | € 514,846 | € 1,211,186 | ▲ 135% |
| Total debts | € 250,000 | € 310,743 | € 315,650 | € 399,129 | ▲ 26% |
| Cash | € 51,714 | € 11,559 | € 2,973 | € 5,451 | ▲ 83% |
| Land & buildings | € 789,978 | € 787,409 | € 784,839 | € 1,563,000 | ▲ 99% |
| Retained profit | € -58,904 | € -147,847 | € -165,154 | € -249,543 | ▼ € 84,390 |
| Balance sheet total | € 871,096 | € 842,896 | € 830,496 | € 1,610,315 | ▲ 94% |
Key figures of TER - IMMO, 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 TER - IMMO?
What happened at TER - IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- Yukiko Masaoka became a director. NBB
- Baudouin Van Cauwenberghe became a director. NBB
- New establishment in Beersel. KBO
- Start of the company according to the CBE. KBO
In short
From € 78,289 loss in 2022 to € 84,390 loss in 2025.
Management
Behind TER - IMMO are Yukiko Masaoka and Baudouin Van Cauwenberghe.
Directors
According to the 2025 annual accounts
Yukiko Masaoka
Director
since 2023
Baudouin Van Cauwenberghe
Director
since 2006
Establishments
Establishment units
Physical locations of this company
J. Deneyerstraat 47
1652 Beersel
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
- 0446.241.966
- VAT number
- BE 0446.241.966
- Registered office
- J. Deneyerstraat 47, 1652 Beersel
- Names & denominations
- TER - IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 1991
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Ontwikkeling van residentiële bouwprojecten