What does TERENCO do?

TERENCO is a hospitality business in Brugge. Private Limited, started on 28 January 2016, 1 establishment.

What is the address of TERENCO?

The registered office of TERENCO is located at Leikendreef 2a, 8200 Brugge.

Is TERENCO still active?

Yes. According to the CBE (2 November 2026) TERENCO is active, legal situation “Normale toestand”, started on 28 January 2016.

Is TERENCO registered on Peppol?

Yes, TERENCO is registered on the Peppol network with ID 0208:0647596546.

What is the enterprise number of TERENCO?

The enterprise number of TERENCO is BE0647596546.

When was TERENCO founded?

TERENCO was founded on 28 January 2016.

Who are the directors of TERENCO?

According to the 2025 annual accounts, the directors of TERENCO are: Rudi Cousaert.

Is TERENCO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 January 2016; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did TERENCO make in 2025?

TERENCO recorded a loss after taxes of € 8,589 in financial year 2025.

What is the revenue of TERENCO?

As a small company, TERENCO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -1,140.

How much does an employee at TERENCO earn?

The average wage cost per full-time employee at TERENCO was € 18,800 in 2024: staff costs of € 65,870 for 3.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

TERENCO (Private Limited) - Brugge - BE0647596546

Dossier TERENCO, printed on 2 November 2026 from databakkes.be/en/0647596546/terenco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

TERENCO from Brugge, company number BE0647596546, closed financial year 2025 with a result of € -8,589 after tax. For that financial year TERENCO recorded a gross margin of € -1,140 and equity of € -328,924. Compared with financial year 2024, the result moved from € 784,253 to € -8,589. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.

What it is worth Caution

€ -328,924

▼ € 8,589 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -8,589

▼ still € 784,253 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 13,510

▲ 253% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -528,924.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 15,524

▲ 26% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 35,580

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 827,230 Gross margin 2022: € 827,230 First fiscal year in the series	€ 871,804 Gross margin 2023: € 871,804 ▲ 5% vs 2022 (€ 827,230) Favourable step	€ 1,077,489 Gross margin 2024: € 1,077,489 ▲ 24% vs 2023 (€ 871,804) Favourable step	€ -1,140 Gross margin 2025: € -1,140 ▼ € 1.1 million vs 2024 (€ 1,077,489) Unfavourable step	▼ € 1.1 million
Profit after taxes	€ -287,719 Profit after taxes 2022: € -287,719 First fiscal year in the series	€ -99,517 Profit after taxes 2023: € -99,517 ▲ € 188,201 vs 2022 (€ -287,719) Favourable step	€ 784,253 Profit after taxes 2024: € 784,253 ▲ € 883,771 vs 2023 (€ -99,517) Favourable step	€ -8,589 Profit after taxes 2025: € -8,589 ▼ € 792,843 vs 2024 (€ 784,253) Unfavourable step	▼ € 792,843
Equity	€ -1,005,070 Equity 2022: € -1,005,070 First fiscal year in the series	€ -1,104,588 Equity 2023: € -1,104,588 ▼ € 99,517 vs 2022 (€ -1,005,070) Unfavourable step	€ -320,334 Equity 2024: € -320,334 ▲ € 784,253 vs 2023 (€ -1,104,588) Favourable step	€ -328,924 Equity 2025: € -328,924 ▼ € 8,589 vs 2024 (€ -320,334) Unfavourable step	▼ € 8,589
Total debts	€ 1,544,008 Total debts 2022: € 1,544,008 First fiscal year in the series	€ 1,603,747 Total debts 2023: € 1,603,747 ▲ 4% vs 2022 (€ 1,544,008) Unfavourable step	€ 350,458 Total debts 2024: € 350,458 ▼ 78% vs 2023 (€ 1,603,747) Favourable step	€ 359,067 Total debts 2025: € 359,067 ▲ 2% vs 2024 (€ 350,458) Unfavourable step	▲ 2%
Cash	€ 28,850 Cash 2022: € 28,850 First fiscal year in the series	€ 40,526 Cash 2023: € 40,526 ▲ 40% vs 2022 (€ 28,850) Favourable step	€ 3,833 Cash 2024: € 3,833 ▼ 91% vs 2023 (€ 40,526) Unfavourable step	€ 13,510 Cash 2025: € 13,510 ▲ 253% vs 2024 (€ 3,833) Favourable step	▲ 253%
Land & buildings	€ 271,762 Land & buildings 2022: € 271,762 First fiscal year in the series	€ 250,631 Land & buildings 2023: € 250,631 ▼ 8% vs 2022 (€ 271,762) Unchanged	-	-
Retained profit	€ -1,205,070 Retained profit 2022: € -1,205,070 First fiscal year in the series	€ -1,304,588 Retained profit 2023: € -1,304,588 ▼ € 99,517 vs 2022 (€ -1,205,070) Unfavourable step	€ -520,334 Retained profit 2024: € -520,334 ▲ € 784,253 vs 2023 (€ -1,304,588) Favourable step	€ -528,924 Retained profit 2025: € -528,924 ▼ € 8,589 vs 2024 (€ -520,334) Unfavourable step	▼ € 8,589
Bank debt	€ 418,315 Bank debt 2022: € 418,315 First fiscal year in the series	€ 294,588 Bank debt 2023: € 294,588 ▼ 30% vs 2022 (€ 418,315) Favourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 294,588) Favourable step	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 538,938 Balance sheet total 2022: € 538,938 First fiscal year in the series	€ 499,159 Balance sheet total 2023: € 499,159 ▼ 7% vs 2022 (€ 538,938) Unchanged	€ 30,124 Balance sheet total 2024: € 30,124 ▼ 94% vs 2023 (€ 499,159) Unchanged	€ 30,143 Balance sheet total 2025: € 30,143 Unchanged (€ 30,124) Unchanged
Employees (FTE)	20.8 Employees (FTE) 2022: 20.8 First fiscal year in the series	20.8 Employees (FTE) 2023: 20.8 Unchanged (20.8) Unchanged	3.5 Employees (FTE) 2024: 3.5 ▼ 17.3 vs 2023 (20.8) Unchanged	-

Key figures of TERENCO, 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 TERENCO?

What happened at TERENCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 28, 2026 New annual accounts for financial year 2025: loss of € 8,589 (▼ € 792,843 vs 2024). filed late Source: NBB ↗
Feb 1, 2016 New establishment in Brugge. KBO
Jan 28, 2016 Start of the company according to the CBE. KBO
2016 Rudi Cousaert became a director. NBB

In short

From € 287,719 loss in 2022 to € 8,589 loss in 2025.

Paid € 302 in corporate taxes since 2022.

Best year ever: 2024, with € 784,253 profit.

On average € 307,900 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

WEINEBRUGGE 100%

The stake of WEINEBRUGGE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

TERENCO

Behind TERENCO is Rudi Cousaert. The shares are held by WEINEBRUGGE (100%).

Directors

According to the 2025 annual accounts

Rudi Cousaert

Director

since 2016

Shareholders

WEINEBRUGGE

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Leikendreef 2a

8200 Brugge

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 →

WEINEBRUGGE same network

€ 1.7 million gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0647.596.546

VAT number

BE 0647.596.546

Registered office

Leikendreef 2a, 8200 Brugge

Names & denominations

TERENCO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

28 January 2016

Peppol

Active · Active since 22 Apr 2026

Activities · NACE

Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden

Eetgelegenheden met beperkte bediening

Cafés en bars

View on CBE Public ↗ Annual accounts (NBB) ↗

TERENCO

Warning lights

Financials

What happened to TERENCO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions