TERAMGA
ActiveSummary
TERAMGA has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-7k) and a net result of €-1k. Equity is shrinking by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-7k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
34 d early
2023
9 d early
2022
28 d late
2021
61 d late
2020
30 d late
2019
56 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-7k▼ 18.2%
2024 · €-6k
2018: €-483highest in 8 years
2019: €-1k▼ -177% vs 2018
2020: €-3k▼ -87.1% vs 2019
2021: €-5k▼ -118% vs 2020
2022: €-3k▲ +49.9% vs 2021
2023: €-5k▼ -89.0% vs 2022
2024: €-6k▼ -20.5% vs 2023
2025: €-7k▼ -18.2% vs 2024lowest in 8 years
2018 → 2025
Total assets
€817▲ 16.1%
2024 · €704
2018: €6k
2019: €6k▲ +14.1% vs 2018highest in 8 years
2020: €2k▼ -67.2% vs 2019
2021: €275▼ -86.8% vs 2020
2022: €133▼ -51.6% vs 2021lowest in 8 years
2023: €704▲ +429% vs 2022
2024: €704● 0.0% vs 2023
2025: €817▲ +16.1% vs 2024
2018 → 2025
Net result
€-1k▼ 7.0%
2024 · €-1k
2018: €-3k
2019: €-855▲ +69.1% vs 2018
2020: €-1k▼ -36.4% vs 2019
2021: €-3k▼ -153% vs 2020lowest in 8 years
2022: €3k▲ +192% vs 2021highest in 8 years
2023: €-2k▼ -189% vs 2022
2024: €-1k▲ +56.5% vs 2023
2025: €-1k▼ -7.0% vs 2024
2018 → 2025
Working capital
€-7k▼ 18.2%
2024 · €-6k
2018: €-3k
2019: €-2k▲ +21.0% vs 2018highest in 8 years
2020: €-3k▼ -12.9% vs 2019
2021: €-5k▼ -94.7% vs 2020
2022: €-3k▲ +49.9% vs 2021
2023: €-5k▼ -89.0% vs 2022
2024: €-6k▼ -20.5% vs 2023
2025: €-7k▼ -18.2% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-5k-€-3k▲ 49.9%€-5k▼ 89.0%€-6k▼ 20.5%€-7k▼ 18.2%
2021: €-5k
2022: €-3k▲ +49.9% vs 2021highest in 5 years
2023: €-5k▼ -89.0% vs 2022
2024: €-6k▼ -20.5% vs 2023
2025: €-7k▼ -18.2% vs 2024lowest in 5 years
Operating result€-3k-€3k€-2k€-906▲ 60.2%€-951▼ 5.0%
2021: €-3klowest in 5 years
2022: €3k▲ +201% vs 2021highest in 5 years
2023: €-2k▼ -181% vs 2022
2024: €-906▲ +60.2% vs 2023
2025: €-951▼ -5.0% vs 2024
Net result€-3k-€3k€-2k€-1k▲ 56.5%€-1k▼ 7.0%
2021: €-3klowest in 5 years
2022: €3k▲ +192% vs 2021highest in 5 years
2023: €-2k▼ -189% vs 2022
2024: €-1k▲ +56.5% vs 2023
2025: €-1k▼ -7.0% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €951 in 2025 against €906 in 2024; the loss grows.
Key figures and ratios
Debt
€8k▲
2024 · €7k
Debt ≤ 1 year
€8k▲
2024 · €7k
Ratios withheld: a balance sheet total of €817 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 27 lines
Balance sheet
Code20242025
Assets
Total assets20/58€704€817▲
Current assets29/58€704€817▲
Amounts receivable within one year40/41€433€535▲
Other amounts receivable41€433€535▲
Cash at bank and in hand54/58€271€282▲
Equity and liabilities
Total equity and liabilities10/49€704€817▲
Equity10/15€-6k€-7k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-14k€-15k▼
Amounts payable17/49€7k€8k▲
Amounts payable within one year42/48€7k€8k▲
Trade debts44€557-
Suppliers440/4€557-
Other amounts payable47/48€6k€8k▲
Income statement
Code20242025
Other operating charges640/8€387€400▲
Gross operating margin9900€-519€-551▼
Operating profit (loss)9901€-906€-951▼
Financial charges65/66B€150€179▲
Recurring financial charges65€150€179▲
Profit (loss) for the period before taxes9903€-1k€-1k▼
Profit (loss) for the period9904€-1k€-1k▼
Profit (loss) for the period to be appropriated9905€-1k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-15k▼
Profit (loss) brought forward from the previous period14P€-13k€-14k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €297 | - | - | - | - | - |
| Other operating charges640/8 | €629 | €368 | €384 | €387 | €400 | ▲ 3.4% |
| Gross operating margin9900 | €-2k | €3k | €-2k | €-519 | €-551 | ▼ 6.2% |
| Operating profit (loss)9901 | €-3k | €3k | €-2k | €-906 | €-951 | ▼ 5.0% |
| Financial charges65/66B | €165 | €85 | €151 | €150 | €179 | ▲ 19.3% |
| Recurring financial charges65 | €165 | €85 | €151 | €150 | €179 | ▲ 19.3% |
| Profit (loss) for the period before taxes9903 | €-3k | €3k | €-2k | €-1k | €-1k | ▼ 7.0% |
| Profit (loss) for the period9904 | €-3k | €3k | €-2k | €-1k | €-1k | ▼ 7.0% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €3k | €-2k | €-1k | €-1k | ▼ 7.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €275 | €133 | €704 | €704 | €817 | ▲ 16.1% |
| Current assets29/58 | €275 | €133 | €704 | €704 | €817 | ▲ 16.1% |
| Amounts receivable within one year40/41 | €256 | €5 | €338 | €433 | €535 | ▲ 23.6% |
| Trade receivables40 | - | €5 | - | - | - | - |
| Other amounts receivable41 | €256 | - | €338 | €433 | €535 | ▲ 23.6% |
| Cash at bank and in hand54/58 | €19 | €128 | €366 | €271 | €282 | ▲ 4.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €275 | €133 | €704 | €704 | €817 | ▲ 16.1% |
| Equity10/15 | €-5k | €-3k | €-5k | €-6k | €-7k | ▼ 18.2% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-14k | €-11k | €-13k | €-14k | €-15k | ▼ 7.9% |
| Amounts payable17/49 | €6k | €3k | €6k | €7k | €8k | ▲ 18.0% |
| Amounts payable within one year42/48 | €6k | €3k | €6k | €7k | €8k | ▲ 18.0% |
| Trade debts44 | - | - | - | €557 | - | - |
| Suppliers440/4 | - | - | - | €557 | - | - |
| Other amounts payable47/48 | €6k | €3k | €6k | €6k | €8k | ▲ 28.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €3k | €-2k | €-1k | €-1k | ▼ 7.0% |
| + Depreciation and write-downs630 | €297 | - | - | - | - | - |
| Operating cash flow (approximation) | €-3k | €3k | €-2k | €-1k | €-1k | ▼ 7.0% |
| Change in cash | - | €109 | €238 | €-95 | €11 | ▲ 112% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after 4 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 56 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 17 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Chastre · 1 establishment unit since 2011
Ground area
2,571 m²
Building footprint
347 m²
Volume, LiDAR
2,672 m³
2 parcels, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
TERAMGA
since 20112.194.328.654
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25055D0530/00R009 | Wallonia | 1,779 m² | 1 · 207 m² | 9.9 m · 2 fl. |
| 25017C0121/00L000 | Wallonia | 792 m² | 1 · 140 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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NEXT DAY CAPITAL THIRTEEN
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SPINOFF
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 1,396 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-12-2010
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
Contact
E-mail
yvanmallieu@hotmail.comWavre
Phone
010/402168Wavre
Phone
0475/690268Wavre
Scores and ratios are computed by Checked and are not a credit decision.