Equity
€3.9m ▼ 36.6%
TERRA paid out €3.0m in dividends. That is 403% of the 2025 profit.
TERRA
Part of the group
41 companies in 3 countries
Lifetime
20 annual accounts with figures on one time axispeak €12.7m (2022)
€2.1m▼ 59.3%
lowest -€277,008 (2023)
€743,677▼ 21.4%
peak €6.2m (2024)
€3.9m▼ 36.6%
€3.1m▲ 505%
Board9 names since 2018
3 directors and 2 others
Owners4 names in the annual accounts
100% and 1 other
Documentsfilings and deeds
10-06-202651 days before the deadline
2025financial year
Turnover from €5.0m to €2.1mAppointment: (statutory auditor) 10-09Dividend €3.0mEquity from €6.2m to €3.9mDebts from €509,200 to €3.1mCash from €40,765 to €93,592
Key points
from the 2025 annual accountsTurnover
€2.1m ▼ 59.3%
Turnover fell in 2025 from €5.0m to €2.1m.
Debts
€3.1m ▲ 505%
Debts rose by €2.6m in 2025.
Payment terms
2 days to suppliers
TERRA pays its suppliers 5 days earlier than in 2024. Customers pay 72 days earlier.
Liquidity
2.24 was 12.90 in 2024
Short-term debts rose from €509,200 to €3.1m.
At the same address
44 companies
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,575 companies had the same profile as TERRA has now. Each dot stands for 4 companies, two years later.
96.6%
were still trading
3.2%
stopped another way
0.1%
went bankrupt
Test of the method
The method was tested on the 497,331 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 1,575 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, , since 21-05-2021
Director, , since 21-05-2021
Director, , since 12-07-2023
Auditor
- 100%score equity €29.3m (2025) · 2025 annual accounts of
- consolidatesannual accounts 2025
Recent changes
1 director resigning
· Permanent representatives: , and · General meeting of 20-12-2025 · Gazette deed
Company renamed from DE SMEET to TERRA
Capital of €62,000, 248 shares · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0879600057
Appointment: (statutory auditor)
General meeting of 24-06-2025 · Gazette deed
Official details
Source: KBO- Status
- Active since 24-02-2006Normal situation
- Registered office
- 45 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 12 November 2026.
- Activity
- “De aan- en verkoop van onroerende goederen, het bouwrijp maken van terreinen, het bebouwen…” (deed in Dutch)From the articles, 30 activitiesNo NACE code in the KBO yet
- Financial year end
- 31 December
- Peppol
- Reachable since 15-01-2026
Annual accounts 2025
- €7.0m▲ 4.7%
- Filing
- Filed on 10-06-2026, 51 days before the end of the filing period
Companies linked to TERRA
Parent and group
Insights on TERRA
TERRA has existed since 2006. In 2016 turnover rose from €20,000 to €3.6m.
Solvency fell in 2025 from 92.4% to 55.9% because of the dividend.
holds all 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 0879.600.057. The VAT number is the same number with BE in front: BE 0879.600.057.
- Where is TERRA based?
- The registered office is at Herkenrodesingel 4B, 3500 Hasselt.Company details
- What is the legal form of TERRA?
- TERRA is a public limited company (NV).
- When was TERRA founded?
- TERRA was founded on 24-02-2006.
- Is TERRA still active?
- Yes, TERRA is an active enterprise in the KBO register.
- What is the turnover of TERRA?
- The turnover of TERRA was €2.1m in financial year 2025, according to the filed annual accounts.Financials
- Is TERRA profitable?
- In financial year 2025, TERRA made a profit of €743,677.
- Where can I find the annual accounts of TERRA?
- TERRA filed 20 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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