Equity
€115,539 ▲ 75.4%
TERACONSTRUCT has made a profit in every financial year since 2023.
TERACONSTRUCT
Overview
Lifetime
3 annual accounts with figures on one time axispeak €67,982 (2025)
€67,982▲ 17.4%
peak €49,669 (2025)
€49,669▲ 20.1%
peak €115,539 (2025)
€115,539▲ 75.4%
€25,568▼ 62.6%
Board2 names since 2023
2 directorsANDRIE Constantin and 1 other
Documentsfilings and deeds
29-10-202690 days late
2025micro format
Gross margin from €57,916 to €67,982Equity from €65,870 to €115,539Debts from €68,330 to €25,568Cash from €65 to €9,585
Key points
from the 2025 annual accountsTurnover
≈ €290,000 estimated
The accounts state no turnover.
Liquidity
5.31 was 1.84 in 2024
Short-term debts fell from €68,330 to €25,568.
Filings
3 annual accounts 90 days
Latest accounts filed late: after the legal deadline.
Starting capital
€2,500 250 shares
Position in the sector
81.9%
Higher solvency than 87% of companies in specialised construction. Sector median 46.7% · 35,119 companies.
Checked score
55
Fair
Financially stronger than 80% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.5%
01-2025: 4.9%▲ +0.4 percentage points vs 12-2024
02-2025: 5.0%▲ +0.1 percentage points vs 01-2025
03-2025: 5.3%▲ +0.3 percentage points vs 02-2025
04-2025: 5.3%● unchanged vs 03-2025
05-2025: 5.2%▼ -0.1 percentage points vs 04-2025
06-2025: 5.2%● unchanged vs 05-2025
07-2025: 5.2%● unchanged vs 06-2025
08-2025: 5.9%▲ +0.7 percentage points vs 07-2025
09-2025: 6.1%▲ +0.2 percentage points vs 08-2025
10-2025: 5.1%▼ -1.0 percentage point vs 09-2025
11-2025: 5.1%● unchanged vs 10-2025
12-2025: 5.1%● unchanged vs 11-2025
01-2026: 5.1%● unchanged vs 12-2025
02-2026: 5.1%● unchanged vs 01-2026
03-2026: 5.1%● unchanged vs 02-2026
04-2026: 5.0%▼ -0.1 percentage points vs 03-2026
05-2026: 5.0%● unchanged vs 04-2026
06-2026: 5.0%● unchanged vs 05-2026
07-2026: 4.7%▼ -0.3 percentage points vs 06-2026
08-2026: 5.2%▲ +0.5 percentage points vs 07-2026
09-2026: 5.4%▲ +0.2 percentage points vs 08-2026
10-2026: 6.6%▲ +1.2 percentage points vs 09-2026highest value
11-2026: 2.4%▼ -4.2 percentage points vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Size: total assets €141,107
Last filed accounts filed 90 days late; 3 of the last 3 accounts late
Founded in 2023
lowers risk
Equity €115,539 (81.9% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 90% of them on solvency, 49% on liquidity, 92% on profitability and 88% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as TERACONSTRUCT has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of TERACONSTRUCT itself is higher: 2.4% within 12 months. It rests on far more data about TERACONSTRUCT than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for TERACONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.31 (1.84 in 2024), above the usual 1.5. Short-term debt is 18.1% and cash 6.8% of total assets. 18.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 90 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-10-2026, 90 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filingsDeviation from the deadline
2025
90 days late
2024
56 days late
2023
61 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 69 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 October (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- ANDRIE Constantin 125 sharesdeed of 03-02-2023
- BELBA Roxana-Florentina 125 sharesdeed of 03-02-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0797911904
Incorporation
Founding capital of €2,500, 250 shares · Founders: ANDRIE Constantin and BELBA Roxana-Florentina · Appointments: ANDRIE Constantin (director) and BELBA Roxana-Florentina (director) · published on 03-02-2023 · Gazette deed
First establishment
Aristide Briandlaan 6, Anderlecht
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TERACONSTRUCT Sambreville | €141,107 | €67,982 | 81.9% | - |
| Jouay Construct Walcourt | €110,452 | €75,324 | 67.5% | - |
| TUTOGLU Ghent | €162,540 | €68,587 | 68.4% | - |
| EYCKMANS WERKEN Leopoldsburg | €130,337 | €81,066 | 11.1% | - |
| AJC TERRASSEMENT Kraainem | €117,876 | €68,306 | 39.1% | - |
| Bee Safe Liège | €170,221 | €71,047 | 8.3% | - |
| Verschaeren Projects Boortmeerbeek | €115,250 | €65,249 | 27.6% | - |
These companies have the same main activity as TERACONSTRUCT: site preparation (NACE 43120). They are comparable in size and age: total assets between €110,000 and €170,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 01-02-2023Normal situation
- Activity
- Site preparationNACE 43120and 2 others
- Establishment unit
- 2.341.360.1651070 Anderlecht, since 01-02-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 12-01-2026
Annual accounts 2025
- €67,982▲ 17.4%
- €49,669▲ 20.1%
- €115,539▲ 75.4%
- €141,107▲ 5.1%
- Filing
- Filed on 29-10-2026
Insights on TERACONSTRUCT
TERACONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €29,389 in 2023 to €67,982 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 29-10-2026, 90 days late€67,982
▲ 17.4%
€63,564
▲ 19.9%
€66,765
▲ 17.7%
€52,870
▲ 17.2%
81.9%
▲ 32.8 percentage points
5.31
▲ 3.47
Money flows
no detail for 2025Balance sheet
balance sheet total €141,107 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
81.9%
Higher than 87% of 35,119 companies in 2025.
5.31
Higher than 86% of 34,493 companies in 2025.
35.2%
Higher than 90% of 34,694 companies in 2025.
TERACONSTRUCT
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
141,107 | 134,200 | 143,575 | |
21/28 |
5,451 | 8,652 | 12,003 | |
22/27 |
3,251 | 6,452 | 10,203 | |
24 |
3,251 | 6,452 | 10,203 | |
28 |
2,200 | 2,200 | 1,800 | |
29/58 |
135,656 | 125,548 | 131,572 | |
40/41 |
126,071 | 125,483 | 125,764 | |
40 |
57,674 | 124,421 | 123,241 | |
41 |
68,397 | 1,062 | 2,523 | |
54/58 |
9,585 | 65 | 5,808 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
141,107 | 134,200 | 143,575 | |
10/15 |
115,539 | 65,870 | 24,502 | |
10/11 |
2,500 | 2,500 | 2,500 | |
14 |
113,039 | 63,370 | 22,002 | |
17/49 |
25,568 | 68,330 | 119,073 | |
42/48 |
25,568 | 68,330 | 119,073 | |
44 |
- | 3,736 | 13,748 | |
440/4 |
- | 3,736 | 13,748 | |
45 |
25,568 | 16,990 | 5,788 | |
450/3 |
25,568 | 16,990 | 5,788 | |
47/48 |
- | 47,604 | 99,537 | |
| Income statement | ||||
70 |
- | - | 555,243 | |
9900 |
67,982 | 57,916 | 29,389 | |
60/61 |
- | - | 525,854 | |
630 |
3,201 | 3,751 | 1,062 | |
640/8 |
1,217 | 1,172 | 506 | |
9901 |
63,564 | 52,993 | 27,821 | |
75/76B |
1,166 | - | - | |
75 |
1,166 | - | - | |
65/66B |
268 | 535 | 31 | |
65 |
268 | 535 | 31 | |
9903 |
64,462 | 52,458 | 27,790 | |
67/77 |
14,793 | 11,090 | 5,788 | |
9904 |
49,669 | 41,368 | 22,002 | |
9905 |
49,669 | 41,368 | 22,002 | |
| Appropriation of the result | ||||
9906 |
113,039 | 63,370 | 22,002 | |
14P |
63,370 | 22,002 | - | |
| Document | ||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 90 days after the deadline. Filed on 29 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00597297.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 66,765 | 56,744 | 28,883 | ||
| 52,870 | 45,119 | 23,064 | ||
| 0 | 400 | 13,065 | ||
| 9,520 | -5,743 | - | ||
| 110,088 | 57,218 | 12,499 | ||
| - | - | 5.0% | ||
| 81.9% | 49.1% | 17.1% | ||
| 5.31 | 1.84 | 1.10 | ||
| 0.22 | 1.04 | 4.86 | ||
| 43.0% | 62.8% | 89.8% | ||
| 35.2% | 30.8% | 15.3% | ||
| over 100 | over 100 | over 100 | ||
| - | - | 81 days | ||
| - | - | 10 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Overdue debts
tax and social security| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Overdue tax debts | - | €16,989 | - |
Source: notes to the 2023 to 2025 annual accounts (statement of debts)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | - | €11,265 |
| Financial fixed assets | - | €400 | €1,800 |
| €3,201 | €3,751 | €1,062 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on TERACONSTRUCT
The operating result for 2025 is 20% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 50.9% to 18.1%. Equity is higher and debt is lower.
Board & ownership
Board
2 directors, since incorporationDirector (not named in the articles)
appointed by deed of 03-02-2023
term without a fixed end
Director (not named in the articles)
appointed by deed of 03-02-2023
term without a fixed end
Mandates through the years
2 names, the dashed line is todayANDRIE Constantin
Director (not named in the articles)
Director (not named in the articles)
BELBA Roxana-Florentina
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- ANDRIE Constantin
- Director (not named in the articles), appointed by deed of 03-02-2023, still in office
- BELBA Roxana-Florentina
- Director (not named in the articles), appointed by deed of 03-02-2023, still in office
Control
Founders
This company
TERACONSTRUCT
Equity €115,539
Profit €49,669 in 2025
Capital
- Contribution
- €2,500
- Shares
- 250
- Contribution per share
- €10
- Equity per share
- €462 in 2025
- Source
- deed of 03-02-2023
Articles of association
deed of 03-02-2023 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Portée aux frais généraux indépendamment frais représentation voyages déplacements, si rémunéré, assemblée à majorité absolue ou actionnaire…”
Shareholders
At incorporation
deed of 03-02-2023 ↗
- ANDRIE Constantin 125 shares (50%)
- BELBA Roxana-Florentina 125 shares (50%)
Network & group
No group
TERACONSTRUCT has no parent and no holdings in its annual accounts. TERACONSTRUCT shares no director with another company.
Timeline
Timeline
9 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 90 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0797911904
2025
Highest result from 2023 to 2025 net €49,669 ▲20.1% The operating result of €63,564 and the net result of €49,669 are both a record.
Liquidity more than doubled current ratio 5.31 The current ratio rises from 1.84 to 5.31. Short-term debt falls from €68,330 to €25,568.
Equity above €100,000 equity €115,539 ▲75.4% With a profit in every financial year since 2023, equity grows to €115,539.
Annual accounts 2024 filed PDFfull format · 56 days late
2024
Annual accounts 2023 filed PDFmicro format · 61 days late
2023
IncorporationFounding capital of €2,500, 250 shares · Founders: ANDRIE Constantin and BELBA Roxana-Florentina · Appointments: ANDRIE Constantin (director) and BELBA Roxana-Florentina (director) · published on 03-02-20239 points ▸
- Registered office clause, Rue François Sarteel, 199/1, 5060 Auvelais (Sambreville)
- Director appointment, ANDRIE Constantin (director (not named in the articles))
- Director appointment, BELBA Roxana-Florentina (director (not named in the articles))
- Permanent representative, ANDRIE Constantin (représentant permanant de la société)
- Power of attorney, Louis RAVET
- Founder, ANDRIE Constantin
- Founder, BELBA Roxana-Florentina
- Founding capital, €2,500, 250 shares
- 250 shares
- The deed holds 7 more points.
First establishment Aristide Briandlaan 6, Anderlecht
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0797.911.904
- VAT number
- BE 0797.911.904
- Peppol ID
- 0208:0797911904
- Other Peppol ID
- 9925:BE0797911904
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 01-02-2023
- Financial year
- ends on 31 December
- Peppol
- Reachable since 12-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- TERACONSTRUCT in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 03-02-2023 (in French)
Activities
NACEBEL 202543120
Site preparation main activity
43110
Demolition
43230
Insulation installation
Codes under NACEBEL 2008
43120
Site preparation main activity
43110
Demolition
43291
Specialised construction activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Travaux de démolition : démolition d'immeubles et autres constructions; Travaux de préparation des sites : travaux de…”deed of 03-02-2023 (in French)
18 activities
- Travaux de démolition : démolition d'immeubles et autres constructions
- Travaux de préparation des sites : travaux de terrassement,creusement,comblement,nivellement de chantiers de construction,ouverture de tranchées,dérochement,destruction à l'explosif,etc.,préparation de sites pour l'exploitation minière,enlèvement de déblais et autres travaux d'aménagement et de préparation des terrains et sites miniers,rabattement de la nappe aquifère et drainage des chantiers des construction,drainage des terrains agricoles et sylvicoles,déblayage des chantiers,utilisateur professionnel de produits explosifs (ex : destruction bâtiments,préparation des terrains ou des sites miniers) et utilisateur professionnel d'autres articles pyrotechniques (ex : engin de signalisation,pétards de chemin de fer)
- Forages d'essais et sondages : sondages d'essai,les forages d'essai et les carottages pour la construction ainsi que pour les études géophysiques,géologiques et similaires,exécution de forages horizontaux pour passages de câbles ou de canalisations
- Travaux d'isolation,la mise en œuvre dans des bâtiments ou d'autres projets de construction de matériaux d'isolation thermique,matériaux d'isolation acoustique et antivibratile,les travaux d'isolation de canalisations de chauffage ou de réfrigération,les travaux d'isolation de chambres froides ou d'entrepôts frigorifiques.
- Autres travaux d'installation : installation de stores et bannes,installation d'enseignes,lumineuses ou non
- Autres travaux d'installation n.d.a.,y compris l'installation d'accessoires,travaux d'installation générale,installation d'ascenseurs et escaliers mécaniques,installation d'antennes d'immeubles et paratonnerres
- Travaux de plâtrerie : plâtrerie pour l'intérieur ou l'extérieur dans des bâtiments ou d'autres projets de construction,de plâtre ou de stuc pour l'intérieur ou l'extérieur,y compris les matériaux de lattage associés,le montage de cloisons sèches à base de plâtre
- Travaux de revêtement des sols et des murs : pose dans des bâtiments ou d'autres projets de construction : revêtements muraux ou carrelages en céramique,en béton ou en pierre de taille ; revêtements de sols et de murs en granit,etc.
- Pose dans des bâtiments ou d'autres projets de construction de : parquets et autres revêtements de sols en bois,moquettes,linoléum,revêtement de cloison en bois ou en d'autres matériaux,pose de papiers peints
- Autres travaux de finition : nettoyage de bâtiments nouveaux et remise en état des lieux après travaux et autres travaux d'achèvement et de finition des bâtiments n.d.a.
- Réalisation de charpentes et de couvertures,le montage de charpentes,les travaux de couverture en tous matériaux,la mise en place des éléments d'évacuation des eaux de pluie,travaux d’étanchéification des toits et des toitures terrasses.
- Travaux d'étanchéification des toits et des toitures,terrasses,traitement des murs avec des produits hydrofuges
- Construction de cheminées décoratives et de feux ouverts
- Travaux de maçonnerie et de rejointoiement : maçonnerie et exécution de travaux de rejointoiement
- Autres travaux de finition : le nettoyage à la vapeur,le sablage,travaux de restauration des bâtiments,le nettoyage de bâtiments nouveaux et la remise en état des lieux après travaux,ainsi que les travaux de jardinage et aménagement de paysage.
- Pose de chape
- Mise en place de fondations,travaux de ferraillage et pose de coffrage,la construction de cheminées et de fours industriels,la construction de cheminées décoratives et de feux ouverts,montage d'éléments de structures métalliques non fabriqués par l'unité qui exécute les travaux,l'exécution pour les tiers de travaux de levage,montage et démontage d'échafaudages et de plates-formes de travail,la construction de chambres froides,chambres fortes,etc.,location avec opérateur de matériel de construction,l'installation de piscines privées,exécution des travaux sous-marins de toute nature
- Autres activités de nettoyage : activités de désinfection et de destruction des parasites dans les bâtiments,les navires,les trains,etc.,nettoyage des trains,des autobus,des avions,des navires,etc.,y compris les navires pétroliers
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rue François Sarteel 199 registered office 5060 Sambreville | ||
| Aristide Briandlaan 6 1070 Anderlecht 4312001 Site preparation | 01-02-2023 | 2.341.360.165 |
Buildings and parcels at the addresses
- Ground area
- 975 m²
- Buildings
- 101 m²
- Volume, LiDAR
- 776 m³
- Tallest building
- 10.2 m
Buildings to scale, each on its own parcel
Parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92007A0054/00R000 | Wallonia | 905 m² | 1 · 101 m² | 10.2 m · 3 |
| 21308H0549/00T000 | Brussels | 70 m² | - | - |
Contact
E-mail
teraconstructba@gmail.com
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0797.911.904