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.
Financials
Financial year 2025
EL TERNERO from Brecht, company number BE0454950388, closed financial year 2025 with a result of € -1,916 after tax. For that financial year EL TERNERO recorded a gross margin of € 29,975 and equity of € 53,565. Compared with financial year 2024, the result moved from € -26,546 to € -1,916. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 53,565
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,916
▲ 93 % less loss than in 2024
Profit after tax over the fiscal year.
€ 48,139
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 34,973.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 85,000
▼ 19% vs 2024
€ 20,000 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 7,965
▲ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,606
▲ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 13,111 | € 7,932 | € 5,672 | € 29,975 | ▲ € 24,303 |
| Profit after taxes | € -16,860 | € -23,538 | € -26,546 | € -1,916 | ▲ € 24,630 |
| Equity | € 106,992 | € 82,740 | € 55,480 | € 53,565 | ▼ 3% |
| Total debts | € 160,390 | € 145,661 | € 136,340 | € 123,929 | ▼ 9% |
| Cash | € 47,735 | € 37,752 | € 44,791 | € 48,139 | ▲ 7% |
| Retained profit | € 86,972 | € 63,434 | € 36,888 | € 34,973 | ▼ 5% |
| Bank debt | € 145,000 | € 125,000 | € 105,000 | € 85,000 | ▼ 19% |
| Balance sheet total | € 267,456 | € 228,438 | € 191,821 | € 177,493 | ▼ 7% |
Key figures of EL TERNERO, 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 EL TERNERO?
What happened at EL TERNERO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,916. Source: NBB ↗
- New establishment in Brecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,860 loss in 2022 to € 1,916 loss in 2025.
Paid € 404 in corporate taxes since 2022.
Management
Behind EL TERNERO is Laurentius van de Heijning.
Directors
According to the 2025 annual accounts
Laurentius van de Heijning
Director
Establishments
Establishment units
Physical locations of this company
Brasschaatbaan 2 box B
2960 Brecht
Brasschaatbaan 2 B
2960 Brecht
Active since 3 May 1995
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0454.950.388
- VAT number
- BE 0454.950.388
- Registered office
- Brasschaatbaan 2 bus B, 2960 Brecht
- Names & denominations
- EL TERNERO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 April 1995
- Peppol
- Active · Active since 17 Dec 2024
- Activities · NACE
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