Equity
-€816,182
Debts exceed assets in financial year 2025.
TERRA
Part of the group
525 companies in 16 countries
Lifetime
8 annual accounts with figures on one time axispeak €2.5m (2024)
€1.6m▼ 37.2%
lowest -€244,924 (2024)
-€91,023▲ €153,901
peak -€57,080 (2018)
-€816,182▼ €91,023
€1.1m▼ 17.6%
peak 14.1 FTE (2023)
6.3 FTE▼ 54.3%
Board7 names since 2017
3 directors and 2 others
Owners6 names in the annual accounts
92% and 1 other
Documentsfilings and deeds
27-07-20264 days before the deadline
2025abbreviated format
Turnover from €2.5m to €1.6mGross margin from €818,852 to €435,848Loss of €91,023Staff from 13.8 FTE to 6.3 FTECompany renamed from SUMSUM to TERRA 06-06Equity from -€725,159 to -€816,182
Key points
from the 2025 annual accountsLosses
-€878,182 in eight years
Every financial year from 2018 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€1.1m 427% of the balance sheet
Suppliers 17%Taxes and wages 5%Other 78%
Staff
6.3 FTE from 14.1 in 2023
Between 2023 and 2025, 55% of the full-time equivalents disappeared.
Payment terms
60 days to suppliers
TERRA pays its suppliers 8 days later than in 2024. Customers pay 31 days earlier.
Position in the sector
-326.6%
Lower solvency than 95% of companies in computer programming and consultancy. Sector median 42.1% · 3,545 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,018 companies had the same profile as TERRA has now. Each dot stands for 16 companies, two years later.
82.8%
were still trading
8.5%
stopped another way
7.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
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.
| 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 6,018 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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Signals
Board and ownership
Director,
Director
Director, , since 02-06-2025
Auditor,
- 92%score equity €1.9m (2025) · annual accounts 2025
Recent changes
Company renamed from SUMSUM to TERRA
Resignation: (director) · Permanent representatives: and · Appointment: (director) · General meeting of 02-06-2025 · Gazette deed
Company renamed from TPO AGENCY to SUMSUM
Gazette deed
1 statutory auditor reappointed
Permanent representatives: and · (statutory auditor) · General meeting of 02-03-2023 · Gazette deed
3 directors reappointed
, and · Permanent representatives: and · General meeting of 17-05-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TERRA Kontich | €1.6m | -1.9% | -326.6% | 6.3 |
| SmartOps Kontich | €1.1m | -7.8% | -270.5% | 6.9 |
| DCBO Geel | - | - | 59.5% | 5.2 |
| EXCITIT Brussels | - | - | 9.1% | 5.3 |
| QUASAS Brussels | - | - | 17.1% | 7.8 |
| Lunar Interactive Kontich | €0.8m | 1.0% | 30.5% | 8.5 |
Grey: the largest companies of the sector (computer programming and consultancy (NACE 62)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as TERRA: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €186,000 and €337,000, founded between 2014 and 2019.
Official details
Source: KBO- Status
- Active since 17-02-2017Normal situation
- Registered office
- 182 active companies are registered at this addressSource: KBO register, as of 13 November 2026.
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.264.483.0142550 Kontich, since 17-02-2017
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €249,901▼ 56.0%
- Employeeson 31-12-2025
- 5▼ 61.5%
- Filing
- Filed on 27-07-2026, 4 days before the end of the filing period
Companies linked to TERRA
Parent and group
Insights on TERRA
TERRA has existed since 2017. The present size dates from 2021. Turnover rose that year from €321,682 to €792,826 and staff from 2 to 5.8 full-time equivalents.
Solvency fell in 2025 from -127.7% to -326.6% because of the loss.
holds 92% of the shares.
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 0671.584.745. The VAT number is the same number with BE in front: BE 0671.584.745.
- Where is TERRA based?
- The registered office is at Veldkant 33 A, 2550 Kontich.Company details
- What does TERRA do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of TERRA?
- TERRA is a public limited company (NV).
- When was TERRA founded?
- TERRA was founded on 17-02-2017.
- Is TERRA still active?
- Yes, TERRA is an active enterprise in the KBO register.
- How many employees does TERRA have?
- TERRA had an average of 6.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does TERRA fall under?
- In its 2025 annual accounts, TERRA states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of TERRA?
- The turnover of TERRA was €1.6m in financial year 2025, according to the filed annual accounts.
- Is TERRA profitable?
- In financial year 2025, TERRA made a loss of €91,023.
- Where can I find the annual accounts of TERRA?
- TERRA filed 8 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
Next steps
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