Active · per the CBE, 30 October 2026

ATELIER TERNIER

BE0831193196

Rechtspersoon Private limited company 1 establishment

ATELIER TERNIER is a furniture maker in Gent. Private Limited, started on 18 November 2010, 1 establishment.

Verkortingstraat 11, 9040 Gent

Behind the company: Baran BV, Frank Ternier.

Active for

15 year, 11 months

Warning lights

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

  • Tight liquidity NBB

    Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

ATELIER TERNIER from Gent, company number BE0831193196, closed financial year 2025 with a result of € 42,130 after tax. For that financial year ATELIER TERNIER recorded a gross margin of € 848,692 and equity of € 428,165. Compared with financial year 2024, the result moved from € 473 to € 42,130. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 1, 2026.

What it is worth Growing

€ 428,165

▲ 11% vs 2024

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

Profit Growing

€ 42,130

▲ € 41,657 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 748

▼ 10% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 25,808.

People and assets in 2025

Full-time equivalents

10.6

▲ 0.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 676,451

▲ 6% vs 2024

€ 63,800 per full-time equivalent. 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

€ 18,125

▲ 15% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go

€ 654,200

▲ 49% vs 2024

€ 138,381 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 76,715

▼ 33% vs 2024

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

Taxes and wages

€ 113,205

▲ 11% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 1,123,523 - - -
Gross margin € 670,754 € 790,989 € 781,316 € 848,692 ▲ 9%
Profit after taxes € -13,192 € 24,663 € 473 € 42,130 ▲ € 41,657
Equity € 360,900 € 385,563 € 386,036 € 428,165 ▲ 11%
Total debts € 808,665 € 758,237 € 837,339 € 1,012,575 ▲ 21%
Cash € 41,246 € 41,078 € 831 € 748 ▼ 10%
Land & buildings € 778,364 € 745,824 € 739,983 € 697,883 ▼ 6%
Retained profit € -41,457 € -16,794 € -16,321 € 25,808 ▲ € 42,130
Bank debt € 560,609 € 496,062 € 439,388 € 654,200 ▲ 49%
Balance sheet total € 1,169,565 € 1,143,800 € 1,223,375 € 1,440,741 ▲ 18%
Employees (FTE) 10.5 10.2 10.2 10.6 ▲ 0.4

Key figures of ATELIER TERNIER, 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 ATELIER TERNIER?

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

  • New annual accounts for financial year 2025: profit of € 42,130 (▲ € 41,657 vs 2024). Source: NBB ↗
  • Baran BV became a director. NBB
  • New establishment in Gent. KBO
  • Start of the company according to the CBE. KBO

In short

From € 13,192 loss in 2022 to € 42,130 profit in 2025.

Paid € 627 in corporate taxes since 2022.

Best year ever: 2025, with € 42,130 profit.

On average € 80,100 of value added per employee in 2025.

Management

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

ATELIER TERNIER

Behind ATELIER TERNIER are Baran BV and Frank Ternier. The shares are held by KOLIBRIE INVEST (50%) and BARAN (50%).

Directors

According to the 2025 annual accounts

Baran BV

Director · represented by Bernard Verbrugge

Also active at: KOLIBRIE INVEST

since 2024

Frank Ternier

Director

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Verkortingstraat 11

9040 Gent

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

Details

Company number
0831.193.196
VAT number
BE 0831.193.196
Registered office
Verkortingstraat 11, 9040 Gent
Names & denominations
ATELIER TERNIER
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
18 November 2010
Peppol
Active · Active since 1 Jan 2001
Activities · NACE

Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen

Vervaardiging van andere meubelen, neg

Vervaardiging van andere artikelen van hout

Handelsbemiddeling in meubelen, huishoudelijke artikelen en ijzerwaren

Vervaardiging van keukenmeubelen

Vervaardiging van kantoor- en winkelmeubelen

Vervaardiging van andere meubelen, n.e.g.

Frequently asked questions

What does ATELIER TERNIER do?
ATELIER TERNIER is a furniture maker in Gent. Private Limited, started on 18 November 2010, 1 establishment.
What is the address of ATELIER TERNIER?
The registered office of ATELIER TERNIER is located at Verkortingstraat 11, 9040 Gent.
Is ATELIER TERNIER still active?
Yes. According to the CBE (30 October 2026) ATELIER TERNIER is active, legal situation “Normale toestand”, started on 18 November 2010.
Is ATELIER TERNIER registered on Peppol?
Yes, ATELIER TERNIER is registered on the Peppol network with ID 0208:0831193196.
What is the enterprise number of ATELIER TERNIER?
The enterprise number of ATELIER TERNIER is BE0831193196.
When was ATELIER TERNIER founded?
ATELIER TERNIER was founded on 18 November 2010.