Terra Persà
ActiveThe computed 12-month bankruptcy probability of Terra Persà is 1.6% (moderate). The 2024 annual accounts show negative equity (€-153k) and a net result of €-140k. Equity is shrinking by ~124.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 9582 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
7
/ 100
Critical▼ -29 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency37▼-30
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.66 against 2.33 in 2023), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-57.1%
Return on assets
-52.2%
Age of the figures
20 mo
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 →
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year -€153k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
42 d early
2022
31 d late
2021
31 d late
2020
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€-153k▼ 1,077%
2023 · €-13k
2020: €30k
2021: €6k
2022: €-22k
2023: €-13k
2020 → 2024
Total assets
€267k▲ 2.8%
2023 · €260k
2020: €60k
2021: €153k
2022: €267k
2023: €260k
2020 → 2024
Net result
€-140k
2023 · €9k
2020: €-4k
2021: €-24k
2022: €-28k
2023: €9k
2020 → 2024
Working capital
€-29k
2023 · €59k
2020: €14k
2021: €16k
2022: €62k
2023: €59k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€30k-€6k▼ 78.6%€-22k€-13k▲ 41.0%€-153k▼ 1,077%
Operating result€-4k-€-22k▼ 510%€-22k▼ 1.3%€18k€-129k
Net result€-4k-€-24k▼ 523%€-28k▼ 19.8%€9k€-140k
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 2024: a loss of €129k after €18k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €267k
Fixed assets
€212k▲ 35.2%
Current assets
€55k▼ 46.4%
Key figures and ratios
EBITDA
€-99k▼
2023 · €46k
Cash flow
€-109k▼
2023 · €37k
Solvency
-57.1%▼
2023 · -5.0%
Current ratio
0.66▼
2023 · 2.33
Quick ratio
0.19▼
2023 · 0.54
Debt / equity
-2.75▲
2023 · -21.06
ROE
91.5%▲
2023 · -69.4%
ROA
-52.2%▼
2023 · 3.5%
Interest coverage
-9.44▼
2023 · 5.19
Debt
€420k▲
2023 · €273k
Debt ≤ 1 year
€84k▲
2023 · €44k
Debt > 1 year
€335k▲
2023 · €225k
Staff costs
€45k▲
2023 · €14k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€260k€267k▲
Fixed assets21/28€157k€212k▲
Intangible fixed assets21€25k€17k▼
Tangible fixed assets22/27€124k€184k▲
Plant, machinery and equipment23€30k€33k▲
Furniture and vehicles24€2k€2k▼
Leasing and similar rights25€25k€19k▼
Other tangible fixed assets26€66k€131k▲
Financial fixed assets28€8k€11k▲
Current assets29/58€103k€55k▼
Stocks and contracts in progress3€79k€39k▼
Stocks30/36€79k€39k▼
Amounts receivable within one year40/41€19k€10k▼
Trade receivables40€8k€960▼
Other amounts receivable41€11k€9k▼
Current investments50/53€2k-
Cash at bank and in hand54/58-€2k
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€260k€267k▲
Equity10/15€-13k€-153k▼
Contributions10/11€50k€50k=
Profit (loss) carried forward14€-63k€-203k▼
Amounts payable17/49€273k€420k▲
Amounts payable after more than one year17€225k€335k▲
Financial debts170/4€53k€37k▼
Other amounts payable178/9€172k€298k▲
Amounts payable within one year42/48€44k€84k▲
Current portion of amounts payable after more than one year42€15k€16k▲
Financial debts43-€9k
Credit institutions430/8-€9k
Trade debts44€17k€40k▲
Suppliers440/4€17k€40k▲
Advances received on contracts in progress46-€3k
Taxes, remuneration and social security45€13k€6k▼
Taxes450/3€10k€1k▼
Remuneration and social security454/9€3k€5k▲
Other amounts payable47/48-€10k
Accrued charges and deferred income492/3€4k€37▼
Income statement
Code20232024
Non-recurring operating income76A€45k-
Remuneration, social security and pensions62€14k€45k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€30k▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€64k€-51k▼
Operating profit (loss)9901€18k€-129k▼
Financial income75/76B€137€2▼
Recurring financial income75€137€2▼
Financial charges65/66B€9k€10k▲
Recurring financial charges65€9k€10k▲
Profit (loss) for the period before taxes9903€9k€-140k▼
Income taxes67/77€276-
Profit (loss) for the period9904€9k€-140k▼
Profit (loss) for the period to be appropriated9905€9k€-140k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-63k€-203k▼
Profit (loss) brought forward from the previous period14P€-72k€-63k▲
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €-140k ▼1652%
Net result drops to €-140k, the lowest in the series.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €9k
Net result €9k after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · 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, Antwerpen · 1 establishment unit since 2021
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.
Kloosterstraat 1062000 AntwerpenGround area
90 m²
Building footprint
90 m²
Volume, LiDAR
1,058 m³
Parcel 11804D3486/00A002, Flanders · tallest building 16.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
PERSEAU
since 20212.311.559.290
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11804D3486/00A002 | Flanders | 90 m² | 1 · 90 m² | 16.4 m · 5 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
2022 · 1 entry · 861 EUR awarded · 861 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 861 EUR | 861 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.311.559.290
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Mons · Eq €6k
Of 1,504 companies in sector 47252 we hold annual accounts for 651. 224 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-09-2016
Fiscal year end31-12
Activities, NACEBEL
47252Retail sale of beverages, general range
46170Agents in the wholesale of food, beverages and tobacco
46341Wholesale of wines and spirits
46389Wholesale of other food products
47120Other non-specialised retail sale
47191Retail trade
47210Retail sale of fruit and vegetables
47810Retail trade
47910Retail trade
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.