TERRA NOBLE
ActiveSummary
TERRA NOBLE has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €436k and a net result of €653. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 93% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability27▼-46
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 7.6 against 6.17 in 2024; short-term debt: 12.7% and cash: 21.5% of total assets), and 13.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
86.9%
Return on assets
0.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
3 d early
2023
on the day
2022
on the day
2021
3 d early
2020
31 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€436k▲ 0.2%
2024 · €436k
2018: €224k
2019: €268k
2020: €354k
2021: €413k
2022: €381k
2023: €416k
2024: €436k
2018 → 2025
Total assets
€502k▼ 3.2%
2024 · €519k
2018: €481k
2019: €406k
2020: €441k
2021: €510k
2022: €455k
2023: €468k
2024: €519k
2018 → 2025
Net result
€653▼ 96.7%
2024 · €20k
2018: €25k
2019: €44k
2020: €86k
2021: €59k
2022: €37k
2023: €35k
2024: €20k
2018 → 2025
Working capital
€422k▼ 0.2%
2024 · €423k
2018: €273k
2019: €304k
2020: €379k
2021: €425k
2022: €372k
2023: €400k
2024: €423k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€413k-€381k▼ 7.9%€416k▲ 9.3%€436k▲ 4.7%€436k▲ 0.2%
Operating result€78k-€48k▼ 38.2%€48k▼ 1.1%€25k▼ 47.8%€-3k
Net result€59k-€37k▼ 38.4%€35k▼ 3.2%€20k▼ 44.7%€653▼ 96.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3k after €25k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €502k
Fixed assets
€16k ▲ 12.9%
Current assets
€486k ▼ 3.7%
Equity and liabilities €502k
Equity
€436k ▲ 0.2%
Debt
€66k ▼ 21.0%
Debt's share of the balance-sheet total falls from 16.0% to 13.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2k▼
2024 · €28k
Cash flow
€6k▼
2024 · €23k
Current ratio
7.60▲
2024 · 6.17
Quick ratio
4.08▲
2024 · 3.20
Debt to equity
0.15▼
2024 · 0.19
ROE
0.1%▼
2024 · 4.5%
ROA
0.1%▼
2024 · 3.8%
Interest coverage
0.95▼
2024 · 9.65
Debt ≤ 1 year
€64k▼
2024 · €82k
Income taxes
€-608▼
2024 · €8k
Staff costs
€68k▲
2024 · €67k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€519k€502k▼
Fixed assets21/28€14k€16k▲
Intangible fixed assets21-€5k
Tangible fixed assets22/27€9k€6k▼
Plant, machinery and equipment23€8k€5k▼
Furniture and vehicles24€682€450▼
Financial fixed assets28€5k€5k=
Current assets29/58€505k€486k▼
Stocks and contracts in progress3€243k€225k▼
Stocks30/36€243k€225k▼
Amounts receivable within one year40/41€110k€102k▼
Trade receivables40€96k€88k▼
Other amounts receivable41€15k€14k▼
Current investments50/53€50k€50k=
Cash at bank and in hand54/58€99k€108k▲
Deferred charges and accrued income490/1€3k€849▼
Equity and liabilities
Total equity and liabilities10/49€519k€502k▼
Equity10/15€436k€436k▲
Contributions10/11€1k€1k=
Reserves13€435k€435k▲
Tax-exempt reserves132€29k€27k▼
Distributable reserves133€406k€408k▲
Amounts payable17/49€83k€66k▼
Amounts payable within one year42/48€82k€64k▼
Current portion of amounts payable after more than one year42€0-
Financial debts43-€578
Credit institutions430/8-€578
Trade debts44€74k€55k▼
Suppliers440/4€74k€55k▼
Taxes, remuneration and social security45€5k€5k▲
Taxes450/3€0-
Remuneration and social security454/9€5k€5k▲
Other amounts payable47/48€3k€3k▲
Accrued charges and deferred income492/3€1k€2k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€67k€68k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€5k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€540€-2k▼
Other operating charges640/8€2k€4k▲
Gross operating margin9900€97k€72k▼
Operating profit (loss)9901€25k€-3k▼
Financial income75/76B€5k€5k▼
Recurring financial income75€5k€5k▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€27k€46▼
Income taxes67/77€8k€-608▼
Profit (loss) for the period9904€20k€653▼
Transfer from tax-exempt reserves789€2k€2k=
Profit (loss) for the period to be appropriated9905€22k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€3k▼
Transfer to equity691/2€22k€3k▼
To other reserves6921€22k€3k▼
Social balance
Average headcount (FTE)90871.0-
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €653 ▼96.7%
Net result drops to €653, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €86k ▲96.8%
Operating result €120k, net result €86k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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
Registered office, Lievegem · 1 establishment unit since 1986
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.
Koning Leopold III laan 39930 LievegemGround area
2,641 m²
Building footprint
853 m²
Volume, LiDAR
3,829 m³
Parcel 44080D1095/00K000, Flanders · tallest building 10.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Koning Leopold III laan 3, 9930 Lievegem
since 19862.028.577.727
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44080D1095/00K000 | Flanders | 2,641 m² | 1 · 853 m² | 10.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,250 EUR awarded · 1,995 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,250 EUR | 1,995 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteLievegem2.028.577.727
Similar companies · same sector, comparable size
MIKRI
BE 0434.127.161
Kampenhout · Eq €435,665
Exotic food service
BE 0424.973.727
Diest · Eq €435,658
BG RETAIL
BE 0735.715.504
Sint-Pieters-Leeuw · Eq €435,444
HEMPE
BE 0471.598.063
Ciney · Eq €435,185
KAIO RETAIL INVEST
BE 1001.919.235
Villers-la-Ville · Eq €438,026
Of 10,519 companies in sector 47110 we hold annual accounts for 5,857. 3,328 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-12-1985
Fiscal year end31-12
Activities, NACEBEL 2025
46349Wholesale of beverages, general range
47110Non-specialised retail sale with food, beverages or tobacco predominating
82920Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.