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TERRA

Active Public limited companyfounded 1996active for 30 yearsOude Heirweg 5, 8851 ArdooieKBO/BCE: BE 0458.951.738 subsidiary of #6 oldest company in Ardooie, Administrative and support services sector
Part of the group 8 companies

Lifetime

19 annual accounts with figures on one time axis, 29 filings since 1997
peak of €147,340 in 2021
€107,168previous year 15 months
lowest -€3,548 in 2012
€46,993previous year 15 months
peak of €455,383 in 2025
€455,383▲ 11.5%
€27,830▼ 74.7%
Board6 names since 2015
4 directors and 3 others
Owners
100%
Documentsfilings and deeds
30-06-202631 days before the deadline
2025abbreviated format
Debts from €110,048 to €27,830

Key points

from the 2025 annual accounts

Equity

€455,383 ▲ 11.5%

TERRA has made a profit without a break since 2013.

Liquidity

5.30 was 1.12 in 2024

Short-term debts fell from €87,213 to €18,043.

Filings

29 annual accounts since 1997
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 9 to 64 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 20,135 companies had the same profile as TERRA has now. Each dot stands for 51 companies, two years later.

95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 20,135 companies, not a prediction for TERRA. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director,
Managing director,
Managing director,
Managing director
  • 100%equity €17.6m (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0458951738
Amendment of the articles holds all the shares · General meeting of 28-12-2023 · Gazette deed
3 directors appointed, 2 resignations Resignations: (managing director) and (managing director) · Appointments: and · Permanent representatives: , and · General meeting of 27-06-2022 · Gazette deed
Reappointments: (managing director) and (managing director) General meeting of 30-03-2021 · Gazette deed
All 45 events

Comparable companies

same main activity, similar in size and age
Company
TERRA Ardooie €483,213 €107,168 94.2% -
CONTAINERS GENAPPOIS Genappe €371,349 €122,987 70.4% -
EURO - CABIN Deerlijk €404,381 €191,000 25.4% 0.5
FORÉ Maldegem €336,495 €101,409 78.5% -
KINE PEETERS Geel €325,948 €50,013 28.6% -
RISO SANTO ET FILS Manage €754,332 €225,180 41.8% 2
OUTICABINE Assesse €445,994 €205,662 20.5% -

These companies have the same main activity as TERRA: rental and leasing activities (NACE 77394). They are comparable in size and age: total assets between €326,000 and €754,000, founded between 1988 and 2006.

Official details

Source: KBO
Status
Active since 07-10-1996Normal situation
Activity
Rental and leasing activitiesNACE 77394
Establishment unit
2.079.521.1378851 Ardooie, since 17-12-1996
Financial year end
31 December
Peppol
Reachable since 12-01-2026
Company details

Annual accounts 2025

≈ €280,000estimated
€483,213▼ 6.8%
Filing
Filed on 30-06-2026, 31 days before the end of the filing period
Financials

Companies linked to TERRA

Parent and group

Insights on TERRA

TERRA files the abbreviated format. That format states no turnover. The gross margin rose from €5,875 in 2007 to €107,168 in 2025.

holds all the shares. In July 2022, the Official Gazette published the appointment of as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about TERRA

What is the company number of TERRA?
The company number of TERRA is 0458.951.738. The VAT number is the same number with BE in front: BE 0458.951.738.
Where is TERRA based?
The registered office is at Oude Heirweg 5, 8851 Ardooie.Company details
What does TERRA do?
According to the KBO register, the main activity is rental and leasing activities (NACE 77394).
What is the legal form of TERRA?
TERRA is a public limited company (NV).
When was TERRA founded?
TERRA was founded on 07-10-1996.
Is TERRA still active?
Yes, TERRA is an active enterprise in the KBO register.
What is the turnover of TERRA?
The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €107,168 and 1,392 comparable companies of the same size. It probably lies between €170,000 and €520,000. It is a rough estimate.Financials
Is TERRA profitable?
In financial year 2025, TERRA made a profit of €46,993.
Where can I find the annual accounts of TERRA?
TERRA filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TERRA due?
TERRA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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