TERANOVA
ActiveSummary
TERANOVA has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €177k and a net result of €58k. Equity is growing by ~27.8% per year across the filed fiscal years. Its solvency ranks better than 93% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+32
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 11.49 against 4.55 in 2023; short-term debt: 6.1% and cash: 36% of total assets), and 6.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
93.9%
Return on assets
30.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
41 d early
2022
40 d early
2021
41 d early
2020
40 d early
2019
38 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€177k▲ 48.1%
2023 · €120k
Total assets
€189k▲ 32.0%
2023 · €143k
Net result
€58k
2023 · €-618
Working capital
€121k▲ 46.3%
2023 · €83k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€31k€130k▲ 315%€-450€-28▲ 93.7%€73k
Net result€26k€102k▲ 292%€-1k€-618▲ 42.8%€58k
Equity€20k€121k▲ 520%€120k▼ 0.9%€120k▼ 0.5%€177k▲ 48.1%
Total assets€97k▲ 46.9%€194k▲ 100%€181k▼ 7.1%€143k▼ 20.8%€189k▲ 32.0%
Debt€78k▲ 6.9%€73k▼ 5.8%€60k▼ 17.4%€23k▼ 61.3%€12k▼ 50.5%
Working capital€4k€83k▲ 1,807%€84k▲ 1.1%€83k▼ 0.9%€121k▲ 46.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €73k after a loss of €28 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €189k
Fixed assets
€56k ▲ 52.2%
Current assets
€133k ▲ 25.0%
Equity and liabilities €189k
Equity
€177k ▲ 48.1%
Debt
€12k ▼ 50.5%
Debt's share of the balance-sheet total falls from 16.4% to 6.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€91k▲
2023 · €14k
Cash flow
€76k▲
2023 · €13k
Current ratio
11.49▲
2023 · 4.55
Debt to equity
0.07▼
2023 · 0.20
ROE
32.5%▲
2023 · -0.5%
ROA
30.5%▲
2023 · -0.4%
Interest coverage
415.67▲
2023 · 43.42
Debt ≤ 1 year
€12k▼
2023 · €23k
Income taxes
€15k▲
2023 · €440
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €5k | €14k | €14k | €18k | ▲ 28.4% |
| Other operating charges640/8 | - | €443 | €348 | €941 | €470 | ▼ 50.1% |
| Gross operating margin9900 | €44k | €136k | €14k | €15k | €91k | ▲ 508% |
| Operating profit (loss)9901 | €31k | €130k | €-450 | €-28 | €73k | ▲ 257,385% |
| Financial income75/76B | - | - | - | €174 | €4 | ▼ 97.6% |
| Recurring financial income75 | €0 | - | - | €174 | €4 | ▼ 97.6% |
| Financial charges65/66B | - | €631 | €436 | €324 | €219 | ▼ 32.6% |
| Recurring financial charges65 | €661 | €631 | €436 | €324 | €219 | ▼ 32.6% |
| Profit (loss) for the period before taxes9903 | €31k | €130k | €-886 | €-179 | €73k | ▲ 40,721% |
| Income taxes67/77 | €5k | €28k | €195 | €440 | €15k | ▲ 3,299% |
| Profit (loss) for the period9904 | €26k | €102k | €-1k | €-618 | €58k | ▲ 9,412% |
| Profit (loss) for the period to be appropriated9905 | €26k | €102k | €-1k | €-618 | €58k | ▲ 9,412% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €97k | €194k | €181k | €143k | €189k | ▲ 32.0% |
| Fixed assets21/28 | €52k | €63k | €49k | €37k | €56k | ▲ 52.2% |
| Tangible fixed assets22/27 | €52k | €63k | €49k | €37k | €56k | ▲ 52.2% |
| Furniture and vehicles24 | - | €63k | €49k | €37k | €56k | ▲ 52.2% |
| Current assets29/58 | €45k | €131k | €132k | €106k | €133k | ▲ 25.0% |
| Amounts receivable within one year40/41 | - | - | €805 | €61k | €5k | ▼ 91.8% |
| Trade receivables40 | - | - | - | €61k | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | €805 | - | €5k | - |
| Current investments50/53 | - | - | - | - | €60k | - |
| Cash at bank and in hand54/58 | €45k | €131k | €131k | €45k | €68k | ▲ 50.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €97k | €194k | €181k | €143k | €189k | ▲ 32.0% |
| Equity10/15 | €20k | €121k | €120k | €120k | €177k | ▲ 48.1% |
| Contributions10/11 | - | €100 | €100 | €100 | €100 | = |
| Reserves13 | €19k | €120k | €120k | €119k | €177k | ▲ 48.8% |
| Tax-exempt reserves132 | - | €923 | €923 | €923 | €923 | = |
| Distributable reserves133 | - | €120k | €119k | €118k | €176k | ▲ 49.2% |
| Profit (loss) carried forward14 | €58 | €790 | €210 | €592 | €166 | ▼ 72.0% |
| Amounts payable17/49 | €78k | €73k | €60k | €23k | €12k | ▼ 50.5% |
| Amounts payable after more than one year17 | €36k | €24k | €12k | - | - | - |
| Financial debts170/4 | - | €24k | €12k | - | - | - |
| Amounts payable within one year42/48 | €41k | €49k | €48k | €23k | €12k | ▼ 50.5% |
| Current portion of amounts payable after more than one year42 | - | €12k | €12k | €12k | €0 | ▼ 100% |
| Financial debts43 | - | - | - | €10 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €10 | €0 | ▼ 100% |
| Trade debts44 | €42 | €419 | €2k | - | €19 | - |
| Suppliers440/4 | - | €419 | €2k | - | €19 | - |
| Taxes, remuneration and social security45 | - | €35k | €33k | €10k | €11k | ▲ 12.4% |
| Taxes450/3 | - | €35k | €33k | €10k | €11k | ▲ 12.4% |
| Remuneration and social security454/9 | - | - | - | - | €0 | - |
| Other amounts payable47/48 | - | €964 | €1k | €1k | €247 | ▼ 76.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26k | €102k | €-1k | €-618 | €58k | ▲ 9,412% |
| + Depreciation and write-downs630 | €12k | €5k | €14k | €14k | €18k | ▲ 28.4% |
| Operating cash flow (approximation) | €38k | €107k | €13k | €13k | €76k | ▲ 461% |
| Investment in fixed assets (approximation) | - | €-16k | €0 | €-2k | €-37k | ▼ 1,804% |
| Change in cash | - | €86k | €-452 | €-86k | €23k | ▲ 127% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €58k
Net result €58k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 11.49
Current ratio from 4.55 to 11.49; short-term debt falls from €23k to €12k.
31-12
Financial
Equity above €150kEq €177k ▲48.1%
Equity rises from €120k to €177k.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2019net €102k ▲292%
Operating result €130k, net result €102k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.70
Current ratio from 1.11 to 2.70.
31-12
Financial
Equity above €100kEq €121k ▲520%
2 profitable years in a row build equity to €121k.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.11
Current ratio from 0.33 to 1.11.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2019
Ground area
614 m²
Building footprint
169 m²
Volume, LiDAR
1,930 m³
Parcel 25083D0071/00E005, Wallonia · tallest building 14.6 m, ±4 floors. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
TERANOVA
since 20192.296.271.793
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25083D0071/00E005 | Wallonia | 614 m² | 1 · 169 m² | 14.6 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 40,628 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
Founded21-11-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
41001General construction of residential buildings
43240Other construction installation
43910Bricklaying and masonry work
Scores and ratios are computed by Checked and are not a credit decision.