ACTIVE

TERNO

Export PDF

Financial year 2025 · closed on 31/03/2025

Net result

30,6 k €

-11.9% YoY

Gross margin

56,5 k €

-4.8% YoY

Equity

190,3 k €

+19.2% YoY

What does TERNO do?

TERNO is a Private limited company incorporated in 2005. Its registered office is in Tongeren-Borgloon.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0874.808.356

Incorporation

01/07/2005

Legal form

Private limited company

Registered office

Prinsenweg 23
3700 Tongeren-Borgloon · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/03/2025

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	56,5 k €	-4.8%	59,4 k €	-52.6%	125,2 k €	-60.1%	313,7 k €	+5.5%	297,3 k €	+12.6%	263,9 k €	+7.8%	244,8 k €	-3.6%	253,9 k €	+4.8%	242,3 k €	-5.1%	255,3 k €	-0.5%	256,5 k €	+1.4%	253 k €	+19.2%	212,3 k €	-15.5%	251,3 k €	+5.7%	237,9 k €	+267%	64,8 k €	+237%	19,2 k €	-6.3%	20,5 k €	-53.4%	44,1 k €
EBITDA	45,9 k €	-8.2%	50 k €	-55.4%	112,1 k €	-63.1%	303,8 k €	+5.0%	289,4 k €	+12.8%	256,6 k €	+7.8%	238,1 k €	-3.8%	247,5 k €	+4.9%	236,1 k €	-5.3%	249,3 k €	-0.7%	251 k €	+1.3%	247,8 k €	+20.5%	205,6 k €	-10.1%	228,7 k €	-1.6%	232,5 k €	+305%	57,3 k €	+257%	16,1 k €	-19.4%	19,9 k €	-53.0%	42,4 k €
Operating result	41,3 k €	-10.7%	46,3 k €	-57.3%	108,2 k €	-62.6%	289,4 k €	+3.3%	280,2 k €	+16.1%	241,3 k €	+8.3%	222,8 k €	-4.2%	232,5 k €	+5.2%	220,9 k €	-5.6%	234,1 k €	-2.8%	240,8 k €	+1.4%	237,6 k €	+38.4%	171,7 k €	-14.0%	199,7 k €	-4.1%	208,2 k €	+517%	33,7 k €	+158%	13,1 k €	-22.0%	16,7 k €	-47.7%	32 k €
Net result	30,6 k €	-11.9%	34,7 k €	-56.1%	79,1 k €	-63.0%	214,1 k €	+3.3%	207,3 k €	+38.2%	150 k €	+0.3%	149,5 k €	+2.6%	145,7 k €	+6.3%	137,1 k €	-2.2%	140,2 k €	-7.6%	151,7 k €	-4.9%	159,4 k €	+66.3%	95,9 k €	-11.1%	107,9 k €	-8.8%	118,3 k €	+1152%	9,5 k €	+243%	-6,6 k €	-61.4%	-4,1 k €	-282%	2,2 k €
Balance sheet
Equity	190,3 k €	+19.2%	159,7 k €	+27.8%	125 k €	-36.2%	195,8 k €	0.0%	195,8 k €	-37.0%	310,8 k €	+93.3%	160,8 k €	0.0%	160,8 k €	0.0%	160,8 k €	0.0%	160,8 k €	0.0%	160,8 k €	-53.4%	345,1 k €	+55.7%	221,7 k €	+76.2%	125,8 k €	+232%	37,9 k €	+93.3%	19,6 k €	+93.1%	10,2 k €	-39.4%	16,8 k €	-19.6%	20,8 k €
Total assets	346 k €	+114%	161,4 k €	+22.2%	132,1 k €	-71.0%	455,8 k €	+6.9%	426,4 k €	+3.3%	412,8 k €	-10.8%	462,6 k €	-13.2%	533,1 k €	-15.7%	632,4 k €	-0.2%	633,7 k €	+0.2%	632,7 k €	-20.6%	796,8 k €	+10.5%	720,9 k €	-12.2%	820,7 k €	+4.2%	787,8 k €	+51.2%	521 k €	+14.8%	453,7 k €	-6.2%	483,5 k €	-5.1%	509,7 k €
Cash	53,6 k €	-54.5%	117,7 k €	+30.4%	90,3 k €	-71.3%	314,5 k €	+53.6%	204,8 k €	+99.1%	102,8 k €	-3.5%	106,6 k €	+5.5%	101,1 k €	+1.6%	99,6 k €	-24.9%	132,6 k €	+33.8%	99,1 k €	-41.2%	168,6 k €	+6.0%	159 k €	-23.4%	207,6 k €	+101%	103,2 k €	+56.5%	66 k €	+1194%	5,1 k €	-7.1%	5,5 k €	-79.3%	26,5 k €
Debts	155,7 k €	+8813%	1,7 k €	-75.4%	7,1 k €	-97.3%	259,5 k €	+12.5%	230,6 k €	+126%	101,9 k €	-66.2%	301,7 k €	-18.5%	370 k €	-21.5%	471,6 k €	-0.3%	472,9 k €	+0.3%	471,5 k €	+4.4%	451,6 k €	-9.5%	499,2 k €	-28.1%	694,5 k €	-7.4%	749,9 k €	+49.6%	501,4 k €	+13.1%	443,5 k €	-5.0%	466,7 k €	-4.5%	488,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 3 ended

Active mandates

FEMTE

Director · since 15 février 2024 · 0789.638.990

Represented by Danny Gorissen

Active

Olivier Fahy

Director · since 01 octobre 2022

Active

Ended mandates

Danny Gorissen

Director

Ended

Danny Gorissen

Manager

Ended

Olivier Fahy

Director

Ended

At this address

Other companies at this address

Company	CBE no.
AXIOMA EUROPE● Active	1039.243.647
Koversy● Active	1019.704.184
T & G● Active	0438.849.477

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/10/2025	30/10/2024	19/09/2023	13/09/2022	20/09/2021	28/09/2020
General meeting	30/09/2025	30/09/2024	11/09/2023	12/09/2022	13/09/2021	14/09/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/03/2025	30/09/2025	30/10/2025	Dutch	PDF
Micro model	31/03/2024	30/09/2024	30/10/2024	Dutch	PDF
Micro model	31/03/2023	11/09/2023	19/09/2023	Dutch	PDF
Micro model	31/03/2022	12/09/2022	13/09/2022	Dutch	PDF
Micro model	31/03/2021	13/09/2021	20/09/2021	Dutch	PDF
Micro model	31/03/2020	14/09/2020	28/09/2020	Dutch	PDF
Micro model	31/03/2019	09/09/2019	12/09/2019	Dutch	PDF
Micro model	31/03/2018	10/09/2018	20/09/2018	Dutch	PDF
Micro model	31/03/2017	11/09/2017	29/09/2017	Dutch	PDF
Abridged model	31/03/2016	21/09/2016	26/09/2016	Dutch	PDF
Abridged model	31/03/2015	14/09/2015	22/09/2015	Dutch	PDF
Abridged model	31/03/2014	15/09/2014	22/09/2014	Dutch	PDF
Abridged model	31/03/2013	09/09/2013	17/09/2013	Dutch	PDF
Abridged model	31/03/2012	10/09/2012	17/09/2012	Dutch	PDF
Abridged model	31/03/2011	12/09/2011	27/09/2011	Dutch	PDF
Abridged model	31/03/2010	13/09/2010	14/09/2010	Dutch	PDF
Abridged model	31/03/2009	14/09/2009	15/09/2009	Dutch	PDF
Abridged model	31/03/2008	08/09/2008	12/09/2008	Dutch	PDF
Abridged model	31/03/2007	10/09/2007	17/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 3 ended

Active mandates

FEMTE

Director · since 15 février 2024 · 0789.638.990

Represented by Danny Gorissen

Active

Olivier Fahy

Director · since 01 octobre 2022

Active

Ended mandates

Danny Gorissen

Director

Ended

Danny Gorissen

Manager

Ended

Olivier Fahy

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other16/11/2023
WIJZIGING RECHTSVORM
PDF
Mandates31/01/2023
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Registered office07/12/2011
MAATSCHAPPELIJKE ZETEL
PDF
Other11/07/2005
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202530,6 k €↓
2024
Annual accounts 202434,7 k €↓
2023
Annual accounts 202379,1 k €↓
2022
Annual accounts 2022214,1 k €↑
2021
Annual accounts 2021207,3 k €↑
2020
Annual accounts 2020150 k €↑
2019
Annual accounts 2019149,5 k €↑
2018
Annual accounts 2018145,7 k €↑
2017
Annual accounts 2017137,1 k €↓
2016
Annual accounts 2016140,2 k €↓
2015
Annual accounts 2015151,7 k €↓
2014
Annual accounts 2014159,4 k €↑
2013
Annual accounts 201395,9 k €↓
2012
Annual accounts 2012107,9 k €↓
2011
Annual accounts 2011118,3 k €↑
2010
Annual accounts 20109,5 k €↑
2009
Annual accounts 2009-6,6 k €↓
2008
Annual accounts 2008-4,1 k €↓
2007
Annual accounts 20072,2 k €
01/07/2005
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

TERNO

Overview

What does TERNO do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline