TERRA - NET
ActiveSummary
The computed 12-month bankruptcy probability of TERRA - NET is 1.9% (moderate). The 2025 annual accounts show equity of €413,530 and a net result of -€31,169. Equity is shrinking by about 4.8% per year across the filed financial years. Its solvency ranks better than 28% of 34,678 sector peers (NACE 43, financial year 2025). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- One provision in the deed
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 11. Pouvoirs Les administrateurs ont tous pouvoirs d'agir au nom de la société quelle que soit la nature ou l'importance des…”
- Board ruleHow the board is made up, meets and takes decisions.
- “1, pris parmi actionnaires” (deed in French)“Durée indéterminée, exploitation entreprise agricole” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives tenu au siège social avec désignation et nombre” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Entre vifs ou à cause de mort, taux légal en vigueur à l'époque depuis même date” (deed in French)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of May at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment que ce soit, administrateur(s) en fonction comme liquidateur(s) en vertu des statuts si…” (deed in French)1 more provision on this in the deed