TERRA MATER
InactiveTERRA MATER was declared bankrupt on 31-01-2022 (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed by liquidation by judgment of 12-05-2025, published in the Belgian State Gazette on 04-09-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 29-10-2021, 90 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
90 d late
2018
29 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€131k
EBIT margin
12.6%
Net result
€-37k
2018 · €9k
2018: €9k
2018 → 2020
Working capital
€-67k
2018 · €17k
2018: €17k
2018 → 2020
Multi-year overview
Available amounts per fiscal year
Line20182020Trend
Turnover€131k-
Equity€18k-€-43k
Operating result€16k-€-30k
Net result€9k-€-37k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €-30k in 2020, compared with €16k in 2018. Comparable figures for the intervening years are unavailable.
Key figures and ratios
EBITDA
€-22k▼
2018 · €28k
Cash flow
€-29k▼
2018 · €20k
Solvency
-32.4%▼
2018 · 9.8%
Current ratio
0.00▼
2018 · 1.69
Quick ratio
0.00▼
2018 · 1.06
Debt / equity
-2.46▼
2018 · 8.09
ROA
-27.9%▼
2018 · 4.7%
Debt
€174k▲
2018 · €170k
Debt ≤ 1 year
€67k▲
2018 · €24k
Debt > 1 year
€105k▼
2018 · €149k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2020 against 2018
Balance sheet
Code20182020
Assets
Total assets20/58€188k€131k▼
Formation expenses20€0-
Fixed assets21/28€156k€131k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€156k€131k▼
Financial fixed assets28€0-
Current assets29/58€41k€0▼
Stocks and contracts in progress3€15k€0▼
Amounts receivable within one year40/41€15k€0▼
Current investments50/53€0-
Cash at bank and in hand54/58€14k€0▼
Equity and liabilities
Total equity and liabilities10/49€188k€131k▼
Equity10/15€18k€-43k▼
Contributions10/11€19k-
Profit (loss) carried forward14€-9k€-61k▼
Amounts payable17/49€170k€174k▲
Amounts payable after more than one year17€149k€105k▼
Amounts payable within one year42/48€24k€67k▲
Trade debts44€13k€18k▲
Income statement
Code20182020
Turnover70€131k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€8k▼
Gross operating margin9900€30k€-22k▼
Operating profit (loss)9901€16k€-30k▼
Recurring financial income75€0€200▲
Recurring financial charges65€7k€7k▼
Profit (loss) for the period before taxes9903€9k€-37k▼
Income taxes67/77€222-
Profit (loss) for the period9904€9k€-37k▼
Profit (loss) for the period to be appropriated9905€9k€-37k▼
Appropriation of the result
Return on contributions (dividend)694€0-
Timeline · acts, filings and financial milestones
2025
04-09
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · TERRA MATER BV KWAKKELENBERG 21, 2570 DUFFEL · event 12-05-2025
2022
09-02
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · TERRA MATER BV KWAKKE- LENBERG 21, 2570 DUFFEL · event 31-01-2022
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 90 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2015
14-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
02-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
07-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
04-06
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
01-06
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
SignalNBB filing
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANOUK DE VLEESHOUWER DRABSTRAAT 18,
2800 MECHELEN |
31-01-2022 → present |