TERRA NOVA SHOES

Active

Private limited company (pre-2019)founded 2006active for 19 yearsAntoon De Pesseroeylaan 10, 9831 Sint-Martens-Latem, BelgiumKBO/BCE: BE 0885.094.019

Summary

For TERRA NOVA SHOES, one annual filing is missing. The 2024 annual accounts show equity of €609,087 and a net result of €20,073. Equity has been growing by about 5.2% per year since 2019. Its solvency ranks better than 75% of 15,436 sector peers (NACE 46, financial year 2024). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).

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TERRA NOVA SHOESActive

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Official details

Source: KBO

Status: Active since 09-11-2006 Normal situation
Activity: Wholesale trade NACE 46425
Establishment unit: 2.157.733.029 9831 Sint-Martens-Latem, since 04-12-2006
Financial year end: 30 June
Peppol: Reachable since 14-04-2025

Company details

Board and ownership

Board

Jacobs ArthurDirector
Jacobs JanDirector
Meire KatrienDirector

Board & ownership

Financial position

Bankruptcy probabilitywithin 12 months: 1.3%

2024 figures too old to score

Annual accounts to 30-06-2024

Gross margin: €81,187; ▼ 11.3%
Turnover: ≈ €310,000; estimated
Profit: €20,073
Equity: €609,087; ▲ 3.4%
Total assets: €869,681; ▼ 4.1%

2025 accounts not filed, 278 days past the deadline

Financials

Signalsraises riskFigures for financial year 2024 (filed on 28-02-2025)1 financial year not filed after the legal deadline; last filed accounts filed 29 days lateAnnual accounts not filed2024 accounts filed 28 days latelowers riskLiquidity: current ratio 2.78, cash €138,189Equity €609,087 (70.0% of total assets)Show the evidence

Bankruptcy probability

No current score

Figures too old

The latest figures are for FY 2024. They are too old for a current score.

Filing: One annual filing is missing

Financial strength, FY 2024 · tick: 2023

Strong

Solvency 95+5

equity 70.0% of total assets

Liquidity 69-3

short-term debt 10.7% · cash 15.9%

Profitability 72+7

return on assets 2.3%

Bankruptcy probability within 12 months

1.3% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,896 companies, NACE 46, micro)

Last 24 months 12-2024: 0.1% 01-2025: 0.2%▲ +0.1 percentage points vs 12-2024 02-2025: 0.3%▲ +0.1 percentage points vs 01-2025 03-2025: < 0.1%▼ -0.3 percentage points vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: 0.1%▲ +0.1 percentage points vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.2%▲ +0.1 percentage points vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.2 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.6%▲ +0.2 percentage points vs 05-2026 07-2026: 1.4%▲ +0.8 percentage points vs 06-2026highest value 08-2026: 1.4%● unchanged vs 07-2026highest value 09-2026: 1.4%● unchanged vs 08-2026 10-2026: 1.3%▼ -0.1 percentage points vs 09-2026 11-2026: 1.3%● unchanged vs 10-2026

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Signals

Six signals.

lowers riskraises risk

Figures for financial year 2024 (filed on 28-02-2025)

NBB · annual accounts

Liquidity: current ratio 2.78, cash €138,189

NBB · annual accounts

Equity €609,087 (70.0% of total assets)

NBB · annual accounts

1 financial year not filed after the legal deadline; last filed accounts filed 29 days late

NBB · filings

Annual accounts not filed

The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 278 days later.

NBB · 10 filings

Position against the passed deadline

30-06-2025 year end31-01-2026 deadline05-11-2026 today

2024 accounts filed 28 days late

The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 28-02-2025, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

28 days late

2023

13 days late

2022

2 days late

2021

359 days late

2020

414 days late

2019

on the day

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 136 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Key points

Positive: More equity than 94% of companies in wholesale tradesector median €56,399 · 15,471 companies €609,087 View
Positive: Back in profit in 2024after a loss of €30,538 in 2023 €20,073 View

Recent changes

29-11-2006 · Gazette deed Incorporation

All 15 events

Comparable companies

These companies have the same main activity as TERRA NOVA SHOES: wholesale trade (NACE 46425). They are comparable in size and age: total assets between €484,000 and €1.3m, founded between 1999 and 2010.

Company	Total assets	Gross margin
TERRA NOVA SHOES Sint-Martens-Latem	€0.9m	€0.08m
DMC Tongeren-Borgloon	€0.7m	€0.05m
R.M.D. Trade Maarkedal	€0.6m	€0.1m
AMEDEJO Aalter	€0.7m	€0.1m
INTERCONNECTION Ixelles	€1.3m	€0.06m
SAFETY GEAR SOLUTIONS Mol	€0.5m	€0.1m
J. GOVAERE Roeselare	€0.6m	€0.06m

Full comparison

Key facts about TERRA NOVA SHOES

What is the company number of TERRA NOVA SHOES?: The company number of TERRA NOVA SHOES is 0885.094.019. The VAT number is the same number with BE in front: BE 0885.094.019.
Where is TERRA NOVA SHOES based?: The registered office is at Antoon De Pesseroeylaan 10, 9831 Sint-Martens-Latem.Company details
What does TERRA NOVA SHOES do?: According to the KBO register, the main activity is wholesale trade (NACE 46425).
What is the legal form of TERRA NOVA SHOES?: TERRA NOVA SHOES is a private limited company (pre-2019) (BVBA).
When was TERRA NOVA SHOES founded?: TERRA NOVA SHOES was founded on 09-11-2006.
Is TERRA NOVA SHOES still active?: Yes, TERRA NOVA SHOES is an active enterprise in the KBO register.
What is the turnover of TERRA NOVA SHOES?: The turnover in financial year 2024 is ≈ €310,000. This figure is estimated from the gross margin of €81,187 and 33 comparable companies (NACE 464). It probably lies between €170,000 and €430,000.Financials
Is TERRA NOVA SHOES profitable?: In financial year 2024, TERRA NOVA SHOES made a profit of €20,073.
Where can I find the annual accounts of TERRA NOVA SHOES?: TERRA NOVA SHOES filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2024.