TERANGA
ActiveSummary
The computed 12-month bankruptcy probability of TERANGA is 2.6% (moderate). The 2025 annual accounts show negative equity (-€22,511) and a net result of -€32,309. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 3833 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
- Staff
- 1.6 FTE
- Equity
- -€22,511
- Loss
- -€32,309
- Parent
- Maturana · 100%
- Board
- 4 members
Why 24- Higher-failure-rate sector- Annual accounts: weaker financial profile- Negative equity+ Long track recordLatest accounts filed on timeShow the evidence
Checked score
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Signals
This company filed its last 7 accounts on average 7 days before the deadline; the sector median for financial year 2023 is 14 days after the deadline, and 55% of the sector filed late.
Checked, nothing found (2)
- Legal-form change · Resignations & appointmentsResignation: Lecoque, Christophe Maurice Carine…
- Annual accounts filedfiscal year 2025 · abbreviated…
- Weakest financial yearnet -€32,309
Financials
Fiscal year 2025Total assets €74,787Loss -€32,309Solvency -30.1%Liquidity 1.59
Financials · fiscal year 2025, abbreviated schema
Trend over the years
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Result and balance sheet
Key figures and ratios
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,906 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €2,301 | €17,070 | €58,729 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,959 | €2,421 | €2,019 | €1,642 | €1,412 | - |
| Other operating charges640/8 | - | - | €1,211 | €722 | €1,466 | - |
| Gross operating margin9900 | €5,446 | €11,089 | €27,369 | €38,911 | €24,992 | - |
| Operating profit (loss)9901 | -€15,414 | €8,379 | €21,838 | €19,477 | -€36,615 | - |
| Financial income75/76B | - | - | €0 | - | €6,007 | - |
| Recurring financial income75 | €216 | €11 | €0 | - | €6,007 | - |
| Financial charges65/66B | - | - | €1,202 | €1,275 | €1,701 | - |
| Recurring financial charges65 | €1,572 | €1,298 | €1,202 | €1,275 | €1,701 | - |
| Profit (loss) for the period before taxes9903 | -€16,771 | €7,091 | €20,636 | €18,202 | -€32,309 | - |
| Profit (loss) for the period9904 | -€16,771 | €7,091 | €20,636 | €18,202 | -€32,309 | - |
| Profit (loss) for the period to be appropriated9905 | -€16,771 | €7,091 | €20,636 | €18,202 | -€32,309 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €61,247 | €50,752 | €67,006 | €87,290 | €74,787 | - |
| Fixed assets21/28 | €7,530 | €8,154 | €6,135 | €4,493 | €2,920 | - |
| Tangible fixed assets22/27 | €7,530 | €8,154 | €6,135 | €4,493 | €2,920 | - |
| Plant, machinery and equipment23 | - | - | €4,511 | €3,516 | €2,390 | - |
| Furniture and vehicles24 | - | - | €276 | €94 | - | - |
| Other tangible fixed assets26 | - | - | €1,348 | €883 | €530 | - |
| Current assets29/58 | €53,717 | €42,599 | €60,872 | €82,797 | €71,867 | - |
| Stocks and contracts in progress3 | €5,000 | €1,261 | €640 | €12,612 | €9,120 | - |
| Stocks30/36 | - | - | €640 | €12,612 | €9,120 | - |
| Amounts receivable within one year40/41 | €46,909 | €41,001 | €43,934 | €62,692 | €58,024 | - |
| Trade receivables40 | - | - | €660 | €11,823 | €2,128 | - |
| Other amounts receivable41 | - | - | €43,274 | €50,869 | €55,896 | - |
| Cash at bank and in hand54/58 | €1,279 | €336 | €16,297 | €7,493 | €4,724 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €61,247 | €50,752 | €67,006 | €87,290 | €74,787 | - |
| Equity10/15 | -€16,736 | -€9,645 | €10,991 | €29,192 | -€22,511 | - |
| Contributions10/11 | - | - | €6,200 | €6,200 | €6,200 | - |
| Reserves13 | - | - | €4,791 | €22,992 | - | - |
| Distributable reserves133 | - | - | €4,791 | €22,992 | - | - |
| Profit (loss) carried forward14 | -€22,936 | -€15,845 | - | - | -€28,711 | - |
| Amounts payable17/49 | €77,983 | €60,397 | €56,016 | €58,097 | €97,299 | - |
| Amounts payable after more than one year17 | €51,314 | €50,000 | €50,000 | €50,000 | €50,000 | - |
| Financial debts170/4 | - | - | €50,000 | €50,000 | €50,000 | - |
| Amounts payable within one year42/48 | €26,670 | €10,397 | €6,016 | €8,097 | €45,334 | - |
| Financial debts43 | - | - | €16 | - | - | - |
| Credit institutions430/8 | - | - | €16 | - | - | - |
| Trade debts44 | €17,728 | €5,053 | €5,700 | €7,571 | €9,039 | - |
| Suppliers440/4 | - | - | €5,700 | €7,571 | €9,039 | - |
| Taxes, remuneration and social security45 | - | - | €300 | €527 | €4,513 | - |
| Taxes450/3 | - | - | €300 | €300 | €300 | - |
| Remuneration and social security454/9 | - | - | - | €227 | €4,213 | - |
| Other amounts payable47/48 | - | - | - | - | €31,781 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,965 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€16,771 | €7,091 | €20,636 | €18,202 | -€32,309 | - |
| + Depreciation and write-downs630 | €1,959 | €2,421 | €2,019 | €1,642 | €1,412 | - |
| Operating cash flow (approximation) | -€14,812 | €9,512 | €22,654 | €19,844 | -€30,897 | - |
| Investment in fixed assets (approximation) | - | -€3,045 | €0 | €0 | - | - |
| Change in cash | - | -€942 | €15,961 | -€8,804 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
Board & ownership
4 directorsParent Maturana · 100%
Directors
Board 4
Permanent representatives 3
Not every act has been read: a resignation may be missing here
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| 2BX |
|
| 2BXfrom an act |
|
| CAVEC |
|
| HMP & Co |
|
| Lecoque, Christophe Maurice Carine |
|
Structure & network
Owners and holdings
1 ownerChain of control
- Maturana
- TERANGA
Highest known parent: Maturana. The sources do not say who stands above it.
Owners 1
- MaturanaparentSourceaccounts Maturana 2024100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 connected companyThe connected companies are in the list below.
Capital and shareholders
- 10-07-2026 Converted to unavailable equity · €6,200
Timeline
16 eventsLatest 10-07-2026Next filing 31-10-2026
History
Acts, filings and financial milestones
10-07
State Gazette act
Legal-form change · Resignations & appointmentsResignation: Lecoque, Christophe Maurice Carine (manager) · Appointments: Cavec, HMP&Co and 2BX · Permanent representatives: Lecoque, Christophe Maurice Carine, Poels, Hans and De Bakker, Bram25 facts ▸
- Incorporation, 08-02-2010
- General meeting, 06-07-2026
- Registered office clause, Achterstraat 140,2980 Zoersel, RPR Antwerpen,afdeling Antwerpen
- Other statement, statuten tot op heden ongewijzigd
- Statutes amendment
- Capital conversion, aanpassing kapitaal aan WVV,schrappen statutair onbeschikbare eigenvermogensrekening,beschikbaar voor toekomstige uitkeringen, 2
- Statutes amendment
- Power of attorney, Lotte MATHIJSSEN
- Other statement, ontslag zaakvoerder en benoeming bestuurders, 6
- Statutes amendment
- Capital conversion, statutair onbeschikbare eigen vermogensrekening
- Purpose change
- +13 further facts in this act
Show earlier events
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Support & recognitions
1 funding sourceFlanders €5,913
Subsidies and aid
Flemish government
2022 · 2 entries · €5,913 awarded · €5,913 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 2 | €5,913 | €5,913 |
Company details
Private limited company · founded 10-02-2010Year ends 31-03Peppol reachable1 site
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Articles of association
Sites & property
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11017A0534/00C002 | Flanders | 223 m² | 1 · 192 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
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