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 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TERUG from Gent, company number BE1017573748, closed financial year 2025 with a result of € -36,905 after tax. For that financial year TERUG recorded a gross margin of € -22,242 and equity of € 28,095. 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 July 8, 2026.
€ 28,095
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -36,905
Profit after tax over the fiscal year.
€ 1,853
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -36,905.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 3,832
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 50,559
€ 24,098 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 21,588
Supplier invoices still open on the last day of the fiscal year.
What happened to TERUG?
What happened at TERUG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 36,905. Source: NBB ↗
- New establishment in Gent. KBO
- David Azizov became a director. NBB
- Start of the company according to the CBE. KBO
Management
Behind TERUG is David Azizov.
Directors
According to the 2025 annual accounts
David Azizov
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Jan Frans Willemsstraat 1
9000 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
- 1017.573.748
- VAT number
- BE 1017.573.748
- Registered office
- Jan Frans Willemsstraat 1, 9000 Gent
- Names & denominations
- TERUG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 2024
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Cafés en bars
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met beperkte bediening