In liquidation · Vrijwillige ontbinding – vereffening (CBE)

TerminalCo

BE0889810890

Rechtspersoon Public limited company 1 establishment

TerminalCo is a logistics company in Brugge. Public Limited, started on 4 June 2007, 1 establishment.

Hendrik van Minderhoutstraat 50, 8380 Brugge

Behind the company: PHILIPPE TERMOTE.

Start date

4 June 2007

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 3 % of short-term debt in 2024; threshold 65 %.

  • Legal situation KBO

    Vrijwillige ontbinding – vereffening according to the CBE.

Financials

Financial year 2024

TerminalCo from Brugge, company number BE0889810890, closed financial year 2024 with a result of € 520,499 after tax. Compared with financial year 2023, the result moved from € -49,970 to € 520,499. Profitable, and profit is growing. 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 18, 2025.

What it is worth Caution

€ -994,436

▲ € 520,499 vs 2023

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

Profit Growing

€ 520,499

▲ still € 49,970 loss in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 31,624

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

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € -1.1 million.

People and assets in 2024

Full-time equivalents estimate

≈ 1

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

Debts at end 2024

Bank debt

None

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

Owed to suppliers

€ 26,452

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

Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 1,466,055 € -4,264 € -2,421 -
Profit after taxes € 1,345,709 € -11,736 € -49,970 € 520,499 ▲ € 570,469
Equity € -1,453,229 € -1,464,965 € -1,514,935 € -994,436 ▲ € 520,499
Total debts € 1,543,501 € 1,526,705 € 1,547,652 € 1,026,452 ▼ 34%
Cash € 86,092 € 19,981 € 31,624 € 31,624
Retained profit € -1,558,229 € -1,569,965 € -1,619,935 € -1,099,436 ▲ € 520,499
Bank debt € 408,664 € 415,971 € 434,966 € 0 ▼ 100%
Balance sheet total € 90,273 € 61,740 € 32,717 € 32,016 ▼ 2%

Key figures of TerminalCo, 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 TerminalCo?

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

TerminalCo is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.

  • New annual accounts for financial year 2024: profit of € 520,499. filed late Source: NBB ↗
  • PHILIPPE TERMOTE became a director. NBB
  • New establishment in Brugge. KBO
  • Start of the company according to the CBE. KBO

In short

From € 1.3 million profit in 2021 to € 520,499 profit in 2024.

Paid € 27,678 in corporate taxes since 2021.

Best year ever: 2021, with € 1.3 million profit.

Management

PHILIPPE TERMOTE
TerminalCo

Behind TerminalCo is PHILIPPE TERMOTE.

Directors

According to the 2024 annual accounts

PHILIPPE TERMOTE

Liquidator

since 2016

Establishments

Establishment units

Physical locations of this company

Registered office

Hendrik van Minderhoutstraat 50

8380 Brugge

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

Details

Company number
0889.810.890
VAT number
BE 0889.810.890
Registered office
Hendrik van Minderhoutstraat 50, 8380 Brugge
Names & denominations
TerminalCo
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Vrijwillige ontbinding – vereffening
Start date
4 June 2007
Peppol
Not registered
Activities · NACE

Vrachtbehandeling in zeehavens

Logistieke diensten

Expeditiekantoren

Overige vervoerondersteunende activiteiten

Frequently asked questions

What does TerminalCo do?
TerminalCo is a logistics company in Brugge. Public Limited, started on 4 June 2007, 1 establishment.
What is the address of TerminalCo?
The registered office of TerminalCo is located at Hendrik van Minderhoutstraat 50, 8380 Brugge.
Is TerminalCo still active?
Not as usual. The CBE lists TerminalCo with legal situation “Vrijwillige ontbinding – vereffening”.
Is TerminalCo registered on Peppol?
No, TerminalCo is currently not registered on the Peppol network.
What is the enterprise number of TerminalCo?
The enterprise number of TerminalCo is BE0889810890.
When was TerminalCo founded?
TerminalCo was founded on 4 June 2007.