Bankrupt · Opening faillissement (CBE)
TERNELL'S logo

TERNELL'S

BE0713796967

Rechtspersoon Private limited company 1 establishment

TERNELL'S is a hospitality business in Eupen. Private Limited, started on 22 November 2018, 1 establishment.

Ternell 2/3, 4700 Eupen ternells.be

Start date

22 November 2018

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.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

  • Tight liquidity NBB

    Cash and receivables cover 21 % of short-term debt in 2024; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

TERNELL'S from Eupen, company number BE0713796967, closed financial year 2024 with a result of € -8,245 after tax. For that financial year TERNELL'S recorded a gross margin of € 113,035 and equity of € -53,478. Compared with financial year 2023, the result moved from € -15,519 to € -8,245. 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 September 3, 2025.

What it is worth Caution

€ -53,478

▼ € 8,245 vs 2023

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

Loss Caution

€ -8,245

▲ 47 % less loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 6,491

▲ 49% vs 2023

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 € -63,478.

People and assets in 2024

Wage cost

€ 98,128

▲ 9% vs 2023

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 1,282

▼ 74% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 2 years to go

€ 23,386

▼ 48% vs 2023

€ 10,200 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 21,030

▼ 6% vs 2023

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

Taxes and wages

€ 16,846

▲ 60% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 100,626 € 110,266 € 106,963 € 113,035 ▲ 6%
Profit after taxes € -17,108 € -20,923 € -15,519 € -8,245 ▲ € 7,275
Equity € -8,790 € -29,714 € -45,233 € -53,478 ▼ € 8,245
Total debts € 89,900 € 115,862 € 78,484 € 66,798 ▼ 15%
Cash € 39,209 € 18,473 € 4,356 € 6,491 ▲ 49%
Retained profit € -18,790 € -39,714 € -55,233 € -63,478 ▼ € 8,245
Bank debt € 39,527 € 73,513 € 45,301 € 23,386 ▼ 48%
Balance sheet total € 81,109 € 86,149 € 44,692 € 29,593 ▼ 34%

Key figures of TERNELL'S, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to TERNELL'S?

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

TERNELL'S is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2024: loss of € 8,245. filed late Source: NBB ↗
  • New establishment in Eupen. KBO
  • Start of the company according to the CBE. KBO

In short

From € 17,108 loss in 2021 to € 8,245 loss in 2024.

Paid € 527 in corporate taxes since 2021.

Establishments

Establishment units

Physical locations of this company

Registered office

Ternell 2/3

4700 Eupen

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

Website

Technologies

Advanced Custom FieldsLodashPWAReactWixlazysizes

Hosting & Email

Email provider

one.com Mail

Hosting

WIX_COM, IL

Website info

HTTPS Ja
Languages DE, FR, NL

Features

Webshop

Security

✓ HTTPS
✓ SPF
✓ DMARC

Network

✓ Load balancing

Details

Company number
0713.796.967
VAT number
BE 0713.796.967
Registered office
Ternell 2/3, 4700 Eupen
Names & denominations
TERNELL'S
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
22 November 2018
Peppol
Not registered
Contact
ternells.be
Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

Catering van evenementen

Cafés en bars

Frequently asked questions

What does TERNELL'S do?
TERNELL'S is a hospitality business in Eupen. Private Limited, started on 22 November 2018, 1 establishment.
What is the address of TERNELL'S?
The registered office of TERNELL'S is located at Ternell 2/3, 4700 Eupen.
Is TERNELL'S still active?
No. The CBE lists TERNELL'S with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is TERNELL'S registered on Peppol?
No, TERNELL'S is currently not registered on the Peppol network.
What is the enterprise number of TERNELL'S?
The enterprise number of TERNELL'S is BE0713796967.
When was TERNELL'S founded?
TERNELL'S was founded on 22 November 2018.