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TERRA GREG

Active Private limited companyfounded 2021active for 4 yearsRue du Bosquet 38, 6220 FleurusKBO/BCE: BE 0777.600.203

Lifetime

3 annual accounts with figures on one time axis
peak €31,320 (2025)
€31,320▲ 5.2%
peak €1,633 (2024)
€152▼ 90.7%
peak €16,733 (2025)
€16,733▲ 0.9%
€53,533▼ 19.4%
Board2 names since 2021
1 director
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Result from €1,633 to €152Resignation: (director) 30-06Debts from €66,456 to €53,533

Key points

from the 2025 annual accounts

Turnover

≈ €180,000 estimated

The micro format states no turnover.

Debts

€53,533 76% of the balance sheet
Financial debts 53%Suppliers 6%Taxes and wages 3%Other 38%

Of this, €24,948 falls due within a year.

Filings

3 annual accounts 3 late
AprilJune31 JulyOctober202320242025

The 2023 accounts came latest: 140 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,545 companies had the same profile as TERRA GREG has now. Each dot stands for 7 companies, two years later.

94.8%
were still trading
1.3%
stopped another way
3.5%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.4% 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.

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 2,545 companies, not a prediction for TERRA GREG. 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

Director, since 19-11-2021
  • 9 sharesdeed of 25-11-2021
  • 1 sharedeed of 25-11-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0777600203
Resignation: (director) General meeting of 26-03-2025 · Gazette deed
Incorporation Founding capital of €2,500, 10 shares · Founders: and · Appointments: (director) and (director) · published on 25-11-2021 · Gazette deed
First establishment Rue du Bosquet 38, Fleurus
All 9 events

Comparable companies

same main activity, similar in size and age
Company
TERRA GREG Fleurus €70,266 €31,320 23.8% -
STEVEN BOUDT BOUW Middelkerke €69,688 €35,567 44.0% -
R. Driesen Grond- en Bestratingswerken Balen €62,403 €30,713 61.3% -
OMRANCO Laakdal €73,712 €30,101 51.4% -
GRONDWERKEN KENIS Vorselaar €67,784 €25,869 7.3% -
REALEX PROJECTS Kontich €77,819 €27,402 32.1% -
BERKE Antwerp €79,725 €26,684 8.0% -

These companies have the same main activity as TERRA GREG: site preparation (NACE 43120). They are comparable in size and age: total assets between €62,400 and €79,700, founded between 2021 and 2022.

Official details

Source: KBO
Status
Active since 23-11-2021Normal situation
Activity
Site preparationNACE 43120and 2 others
Establishment unit
2.324.500.2786220 Fleurus, since 23-11-2021
Financial year end
31 December
Peppol
Reachable since 15-01-2026
Company details

Annual accounts 2025

€70,266▼ 15.4%
Filing
Filed on 30-08-2026
Financials

Insights on TERRA GREG

TERRA GREG files the micro format. That format states no turnover. The gross margin rose from €26,020 in 2023 to €31,320 in 2025.

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 GREG

What is the company number of TERRA GREG?
The company number of TERRA GREG is 0777.600.203. The VAT number is the same number with BE in front: BE 0777.600.203.
Where is TERRA GREG based?
The registered office is at Rue du Bosquet 38, 6220 Fleurus.Company details
What does TERRA GREG do?
According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of TERRA GREG?
TERRA GREG is a private limited company (BV).
When was TERRA GREG founded?
TERRA GREG was founded on 23-11-2021.
Is TERRA GREG still active?
Yes, TERRA GREG is an active enterprise in the KBO register.
What is the turnover of TERRA GREG?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €31,320 and 30 comparable companies (NACE 431). It probably lies between €120,000 and €370,000.Financials
Is TERRA GREG profitable?
In financial year 2025, TERRA GREG made a profit of €152.
Where can I find the annual accounts of TERRA GREG?
TERRA GREG filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TERRA GREG due?
TERRA GREG must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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