Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
TERNO from Tongeren-Borgloon, company number BE0874808356, closed financial year 2026 with a result of € -1,228 after tax. For that financial year TERNO recorded a gross margin of € 50,253 and equity of € 189,037. Compared with financial year 2025, the result moved from € 30,592 to € -1,228. 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 October 20, 2026.
€ 189,037
▼ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,228
▼ still € 30,592 profit in 2025
Profit after tax over the fiscal year.
€ 110,437
▲ 106% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 170,437.
Debts at end 2026
€ 255,000
€ 39,107 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 322,354
▲ 108% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 161
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 125,224 | € 59,401 | € 56,541 | € 50,253 | ▼ 11% |
| Profit after taxes | € 79,133 | € 34,704 | € 30,592 | € -1,228 | ▼ € 31,820 |
| Equity | € 124,969 | € 159,673 | € 190,265 | € 189,037 | ▼ 1% |
| Total debts | € 7,099 | € 1,747 | € 155,740 | € 577,534 | ▲ 271% |
| Cash | € 90,319 | € 117,739 | € 53,566 | € 110,437 | ▲ 106% |
| Land & buildings | € 39,578 | € 36,579 | € 287,478 | € 653,716 | ▲ 127% |
| Retained profit | € 106,369 | € 141,073 | € 171,665 | € 170,437 | ▼ 1% |
| Bank debt | € 0 | € 0 | € 0 | € 255,000 | |
| Balance sheet total | € 132,067 | € 161,420 | € 346,005 | € 766,571 | ▲ 122% |
Key figures of TERNO, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to TERNO?
What happened at TERNO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 1,228 (▼ € 31,820 vs 2025). Source: NBB ↗
- FEMTE BV became a director. NBB
- Olivier Fahy became a director. NBB
- New establishment in Tongeren-Borgloon. KBO
- Start of the company according to the CBE. KBO
In short
From € 79,133 profit in 2023 to € 1,228 loss in 2026.
Paid € 65,137 in corporate taxes since 2023.
Best year ever: 2023, with € 79,133 profit.
Management
The stake of T & G comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TERNOBehind TERNO are Olivier Fahy and FEMTE BV. The shares are held by T & G (100%).
Establishments
Establishment units
Physical locations of this company
Prinsenweg 23
3700 Tongeren-Borgloon
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0874.808.356
- VAT number
- BE 0874.808.356
- Registered office
- Prinsenweg 23, 3700 Tongeren-Borgloon
- Names & denominations
- TERNO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 2005
- Peppol
- Active · Active since 21 Oct 2026