Tereaca Solution
ActiveSummary
Tereaca Solution has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68,290 and a net result of €65,790. Its solvency ranks better than 70% of 34,855 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
- Equity
- €68,290
- Profit
- €65,790
Why 71raises riskFounded in 2025Size: total assets €104,755lowers riskLiquidity: current ratio 2.57, cash €18,177Equity €68,290 (65.2% of total assets)Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 71% on solvency, 53% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 30-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationFounder · Founding capital ·…
Financials · financial year 2025, micro format
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Peer companies
Historical observationOf the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,445 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 11,279 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.
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,474 |
| Other operating charges640/8 | €730 |
| Gross operating margin9900 | €92,034 |
| Operating profit (loss)9901 | €89,829 |
| Financial income75/76B | €525 |
| Recurring financial income75 | €525 |
| Financial charges65/66B | €2,594 |
| Recurring financial charges65 | €2,594 |
| Profit (loss) for the period before taxes9903 | €87,760 |
| Income taxes67/77 | €21,970 |
| Profit (loss) for the period9904 | €65,790 |
| Profit (loss) for the period to be appropriated9905 | €65,790 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €104,755 | |
| Fixed assets21/28 | €10,937 | |
| Tangible fixed assets22/27 | €10,937 | |
| Plant, machinery and equipment23 | €978 | |
| Furniture and vehicles24 | €9,960 | |
| Current assets29/58 | €93,817 | |
| Amounts receivable within one year40/41 | €74,891 | |
| Trade receivables40 | €24,463 | |
| Other amounts receivable41 | €50,428 | |
| Cash at bank and in hand54/58 | €18,177 | |
| Deferred charges and accrued income490/1 | €750 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €104,755 | |
| Equity10/15 | €68,290 | |
| Contributions10/11 | €2,500 | |
| Reserves13 | €65,790 | |
| Distributable reserves133 | €65,790 | |
| Amounts payable17/49 | €36,464 | |
| Amounts payable within one year42/48 | €36,464 | |
| Trade debts44 | €14,494 | |
| Suppliers440/4 | €14,494 | |
| Taxes, remuneration and social security45 | €21,970 | |
| Taxes450/3 | €21,970 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €65,790 |
| + Depreciation and write-downs630 | €1,474 |
| Operating cash flow (approximation) | €67,265 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 16-07-2026 | 2026-00316122 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- TEREACA, Câtâlin Crian 99 shares (99%) · €2,475
- TEREACA, Veronica Agnes 1 share (1%) · €25
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 29-08-2025 Incorporation · €2,500 · 100 shares
Group and network
Connections & network
No sitting directors or connected companies in the Gazette act read.
History
Acts, filings and financial milestones
29-08
Gazette deed
IncorporationFounder · Founding capital · Bank account6 facts ▸
- Incorporation, 27-08-2025
- Founder, TEREACA, Câtâlin Crian
- Founder, TEREACA, Veronica Agnes
- Founding capital, €2,500
- Bank account, “Belfius Bank, bijzondere rekening op naam van de vennootschap in oprichting” (deed in Dutch)
- Power of attorney
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 1026.908.712
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13013E0430/00T002 | Flanders | 331 m² | 1 · 204 m² | 9.0 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Installatie van elektrische verwarmingsinstallaties, installatie van verwarming, klimaatregeling en ventilatie; Loodgieterswerk…” (deed in Dutch)
12 activities (deed in Dutch)
- Installatie van elektrische verwarmingsinstallaties, installatie van verwarming, klimaatregeling en ventilatie
- Loodgieterswerk
- Handelsbemiddeling in loodgietersmateriaal, elektrisch installatiemateriaal
- Overige gespecialiseerde bouwwerkzaamheden
- Overige werkzaamheden in verband met afwerking van gebouwen
- Bouwrijp maken van terreinen
- Algemene bouwonderneming
- Schilderwerken
- Reinigingswerken
- Elektrotechnische installatie aan gebouwen
- Overige zakelijke dienstverlening
- Managementactiviteiten
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Tereaca Solution
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, 2230 Herselt, Blaubergsesteenweg 201” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “De statuten kunnen bepalen dat de bestuurders een collegiaal bestuursorgaan vormen. De statuten kunnen de bevoegdheden van dit collegiaal…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Kan een vertrekvergoeding toekennen, vereist een statutenwijziging” (deed in Dutch)“Ontslag bestuurder, loutere kennisgeving aan het bestuursorgaan” (deed in Dutch)“Elke bestuurder is bevoegd om alle handelingen te verrichten die nodig of dienstig zijn tot verwezenlijking van het voorwerp van de…” (deed in Dutch)“Collegiaal bestuursorgaan, de statuten kunnen bepalen dat de bestuurders een collegiaal bestuursorgaan vormen” (deed in Dutch)2 more provisions on this in the deed
Capital, shares and profit
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Bestuurder(s), elk aandeel recht geeft op een aandeel in de winstverdeling” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Tuesday of June at 14:00
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- “Iedere aandeelhouder, natuurlijke persoon of rechtspersoon, mag zich op de algemene vergadering laten vertegenwoordigen door een gemachtigde…” (deed in Dutch)
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “Het stemrecht, verbonden aan niet volgestorte aandelen waarvan de opgevraagde stortingen niet gedaan zijn, is geschorst, 1” (deed in Dutch)