Active BE 1006.771.017Cooperative company

Terra Alter Belgique

Rue de Milmort 690 ·4040 Herstal, Belgium· 2 yrs active

Sector: Verwerking en conservering van groenten, exclusief productie van diepgevroren groenten (10391)

Conclusion Checked

The computed 12-month bankruptcy probability of Terra Alter Belgique is 1.5% (low). The 2024 annual accounts show negative equity (€-105k) and a net result of €-215k. Its solvency ranks better than 13% of 637 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€-105k
Net result	€-215k
Staff (FTE)	0.8
Better than sector	13%

Financial profile 4 of 5 axes measured · computed by Checked

53 / 100

Mixed profile: strong on profitability, weaker on health.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 10

Profitability 100

Solvency 36

Growth -

Stability 67

Bankruptcy probability (12 mo) Checked model v1 · free

1.5% Low

0%0,5%1,5%4%10%≥25%

Lower-risk legal form −Young company +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Young company

Founded in 2024, under 3 years, statistically higher risk.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

10 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview1 NBB filings

Annual accounts filed on 28-08-2025 with the NBB · fiscal year 2024 · micro

Sector comparison

Fiscal year 2024 · NACE 10, Food manufacturing · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-46.2%	21.2%	better than 13% of 637 sector peers
Net result	€-215k	€7k	better than 5% of 636 sector peers
Equity	€-105k	€26k	better than 5% of 637 sector peers
Gross operating margin	€-175k	€59k	better than 5% of 635 sector peers
Staff costs	€20k	€61k	higher than 22% of 428 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€-210k
Net profit	€-215k
Cash flow	€-210k
Staff costs	€20k
Income taxes	-
Dividends	-
Total assets	€228k
Equity	€-105k
Debt	€333k
of which ≤ 1y	€327k
of which > 1y	€6k
Working capital	€-131k
Employees (FTE)	0.8

Ratios (computed)

	2024
Current ratio	0.60
Quick ratio	0.60
Working capital ratio	-57.8%
Solvency	-46.2%
Debt / equity	-3.17
Long-term debt ratio	-0.05
Interest coverage	-1652.78
Gross margin	-
Net margin	-
ROA	-94.5%
ROE	204.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €31k · 13.7% Current assets €196k · 86.3%

Full annual accounts (21 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€228k
Fixed assets	21/28	€31k
Formation expenses	20	€908
Tangible fixed assets	22/27	€31k
Current assets	29/58	€196k
Amounts receivable within one year	40/41	€151k
Cash & bank	54/58	€44k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€228k
Equity	10/15	€-105k
Contributions / capital	10/11	€110k
Accumulated profits (losses)	14	€-215k
Amounts payable	17/49	€333k
Amounts payable after one year	17	€6k
Amounts payable within one year	42/48	€327k
Trade debts payable within one year	44	€274k
Income statement
Gross operating margin	9900	€-175k
Operating result	9901	€-215k
Financial charges	65	€127
Result before taxes	9903	€-215k
Net result for the period	9904	€-215k
Result to be appropriated	9905	€-215k

Ratios computed by Checked.

Directors & mandates 2 directors

Current directors & mandates

Jeanne Spirlet
Director
State Gazette act 25119692 (23-09-2025)

Current
15-09-2025 → present
W.Alter
Director
State Gazette act 25119692 (23-09-2025)

Current
15-09-2025 → present

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Verwerking en conservering van groenten, exclusief productie van diepgevroren groenten(10391)
Legal form	Cooperative company(706)
Incorporation	05-03-2024
Status	Active
Postal code	4040

Establishment units 1 location

Terra Alter Belgique

Rue Suzanne Clercx 8, 4020 LiègeVerwerking en conservering van groenten, exclusief productie van diepgevroren groenten

since 20242.356.861.557

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
62809C0252/00F000	Wallonia	6.5 ha	-	-
62312A0044/00R000	Wallonia	5,507 m²	1 · 341 m²	8.2 m · 2 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

23-09-2025

State Gazette act Director changes

28-08-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

Belgian State Gazette reading coverage 0 of 2 acts read

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 11 months ago

2025

23-09-2025 3 directors appointed Director changes

W.Alter, Bestuurder
Jeanne Spirlet, Bestuurder
La Cuisine des Champs, Commissaris

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "W.Alter",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "renewal",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2025-09-15",
      "evidence_quote": "Nomination d\u0027administrateur.rice.s",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "n_years",
        "value": 3
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Jeanne Spirlet",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "renewal",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2025-09-15",
      "evidence_quote": "Nomination d\u0027administrateur.rice.s",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "n_years",
        "value": 3
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "commissaris_in",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "La Cuisine des Champs",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "rep_rotation",
      "via_org": {
        "kbo": null,
        "name": "La Cuisine des Champs",
        "address": null,
        "country": null,
        "legal_form": null
      },
      "statutory": null,
      "compensated": null,
      "effective_date": "2025-09-15",
      "evidence_quote": "Changement de repr\u00E9sentante permanente",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": "C\u00E9line Ernst",
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "decharge_granted",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "W.Alter",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Jeanne Spirlet",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "La Cuisine des Champs",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": {
        "kbo": null,
        "name": "La Cuisine des Champs",
        "address": null,
        "country": null,
        "legal_form": null
      },
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "C\u00E9line Ernst",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": {
        "kbo": null,
        "name": "La Cuisine des Champs",
        "address": null,
        "country": null,
        "legal_form": null
      },
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Fran\u00E7ois Malaise",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Jeanne Spirlet",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "La Cuisine des Champs",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": {
        "kbo": null,
        "name": "La Cuisine des Champs",
        "address": null,
        "country": null,
        "legal_form": null
      },
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "C\u00E9line Ernst",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": {
        "kbo": null,
        "name": "La Cuisine des Champs",
        "address": null,
        "country": null,
        "legal_form": null
      },
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Liege",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2025-09-23",
    "filing_date": "2025-09-15",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2025-06-25",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "1006.771.017",
    "name_full": "Terra Alter Belgique",
    "legal_form": "Soci\u00E9t\u00E9 coop\u00E9rative"
  },
  "publication_proxy": {
    "kind": null,
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Verwerking en conservering van groenten, exclusief productie van diepgevroren groenten10391Vervaardiging van bereide maaltijden en schotels10850

Primary activity highlighted.

Names & trade names

Legal nameFR

Terra Alter Belgique

Registered office

Rue de Milmort 690

4040 Herstal, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

Similar companies Same sector and region · no size comparison possible · 11 of 91 with filed accounts

BOUBASUD BE 0883.601.605 · Herstal

DEUX-MAINS BE 1022.610.721 · Aubel

LUSTY FOODS BE 0791.349.655 · Bassenge

RaviFlex BE 0726.683.022 · Waremme

AGRAFRESH BE 0474.455.308 · Pittem